HIDCL posts a growth of more than 31% in most of the indicators for the first quarter; Net worth per share stands at Rs.110.58

Fri, Nov 16, 2018 4:41 PM on Financial Analysis, Latest, Stock Market,

Jalvidhyut Lagani Tatha Bikas Company Limited (HIDCL) has published the unaudited quarterly report for the first quarter of FY 75/76. The company’s paid up capital remains unchanged at Rs.10 Arba compared to the corresponding quarter of the previous year. The reserves of the company grew by 32.54% from Rs.1.19 Arba to Rs.1.58 Arba till the end of the first quarter. The company has investments worth Rs.67.70 Crore, up from Rs.44.75 Crore posted in the corresponding quarter of the previous year, marking an increase of 51.30%.

The company posted a total operating income of Rs.43.70 Crore which increased from Rs.33.22 Crore posted previously, increasing by 31.53%. The net profit of the company stands at Rs.27.37 Crore which was previously at Rs.20.79 Crore. The net profits have showed an increase of 31.67%.

EPS posted by the company on the corresponding quarter of the previous year was at Rs.8.32, which grew by more than 31% to Rs.10.95 by the end of the first quarter. The P/E ratio of the company fell by 34% to stand at 14.43 times. Net worth per share currently stands at Rs.110.58 against net worth of Rs.111.97 posted previously, marking a fall of 1.24%.

Highlight

Particulars (In Lakhs)

Q1 75/76

Q1 74/75

Difference

Paid Up Capital

100,000.00

100,000.00

0.00%

Reserve & Surplus

15,877.39

11,979.01

32.54%

Investments

6,770.50

4,475.00

51.30%

Operating Income

4,370.08

3,322.62

31.53%

Net Profit

2,737.46

2,079.07

31.67%

EPS (In Rs.)

10.95

8.32

31.61%

P/E Ratio (In Times)

14.43

21.88

-34.05%

Net Worth Per Share (In Rs.)

110.58

111.97

-1.24%