Himalaya Urja Bikas Company Registers Loss In Q3 of FY 78/79
Thu, May 5, 2022 3:49 PM on Latest, Financial Analysis, Stock Market,
Himalaya Urja Bikas Company Limited (HURJA) in its unaudited financial statement for the third quarter of FY 78/79 reports a net loss of Rs 1.04 Lakhs. In the preceding year's corresponding quarter, the net profit was Rs. 9.11 Lakhs.
The management analysis in the financial statement states that there were no significant changes in the stock, income, and liquidity of the organization. The company is preparing to build new hydropower hence the company is unable to obtain positive profit figure.
Likewise, the paid-up capital of the company stood at Rs. 99.00 crores whereas its reserve and surplus stood at negative Rs. 86.2 lakhs in this quarter.
The company increased its investments from Rs. 5.5 Crores to Rs. 9.8 crores in the third quarter of this fiscal year as compared to the previous year’s quarter. The EPS of the company stood at Rs. (0.01) whereas its net worth per share stood at Rs. 99.13. The company traded at a PE multiple of Rs. 405.
Major financial highlights Below:
| Particulars (Rs in 000) | Himalaya Urja Bikas Company Limited | ||
|---|---|---|---|
| Q3 2078/79 | Q3 2077/78 | Difference | |
| Share Capital | 990,000.00 | 990,000.00 | 0.00% |
| Reserves and Surplus | (8,628.74) | (7,555.66) | 14.20% |
| Net Property, Plant and Equipment | 56,835.04 | 65,854.77 | -13.70% |
| Investment | 98,000.00 | 55,000.00 | 78.18% |
| Trade and other advances | 23,902.21 | 115,179.85 | -79.25% |
| Cash and Cash Equivalents | 4,747.53 | 14,209.17 | -66.59% |
| Operating Profit/(loss) | (104.53) | 911.32 | -111.47% |
| Net Profit | (104.53) | 911.32 | -111.47% |
| EPS (In Rs.) | (0.011) | 0.09 | -112.22% |
| Net Worth per Share (In Rs.) | 99.13 | 99.24 | -0.11% |
| Qtr End P/E Ratio | 405.00 | - | |
