How have five popular hydropower companies performed in the first quarter? Look at the major indicators of each one

Mon, Nov 18, 2019 2:59 PM on Financial Analysis, Latest,
How have f...

Rairang Hydropower Development Company Limited (RRHP) has published the unaudited Q1 report for the fiscal year 2076/77. The company’s paid-up capital stands at Rs.56 Crore. The reserves of the company are at Rs.81.17 Lakh, up from negative of Rs.1.06 Crore in the corresponding quarter of FY 2075/76.

The total revenue of the company has increased to Rs.1.31 Crore in Q1. The profit after tax of the company has increased by 569.58% as of Q1 to stand at Rs.79.68 Lakhs from Rs.11.90 Lakhs in the Q1 of FY 2075/76. After adjusting the reserves and surplus from previous year the net profit stands as Rs.81.17 Lakhs.

The annualized EPS of the company stands at Rs.5.69 and the net worth per share stands at Rs.101.45 compared with PE ratio of 286.71 times.

Synergy Power Development Limited (SPDL) has posted a rise in net profit for the first quarter of the current FY 2076/77 compared to the corresponding quarter of the last fiscal year. The net profit after income tax prior to reserves adjustment stands at Rs.4.19 Crore in first quarter of fiscal year, which was Rs.2.61 Crore in the corresponding quarter of the previous fiscal year 2075/76.

It made a total income of Rs.8.78 Crore, mainly from selling electricity, by the end of the first quarter. It was Rs.7.73 Crore in the corresponding quarter of the previous year.

Its share capital remains at Rs.70 Crore with a negative reserve of Rs.6.75 Crore. The earning per share (EPS) stands at Rs.5.99 and its net worth per share stands at Rs.90.34.

Ankhukhola Hydropower Company Limited (AKJCL) has published the Q1 financial report for the FY 2076/77. The net profit stood at Rs.86.38 Lakhs in the first quarter of fiscal year 2076/77, which Rs.1.43 Crore in the corresponding quarter of the previous fiscal year 2075/76.

The company has earned Rs.7.20 Crore through the sale of electricity in Q1 of the current fiscal year; whereas, it was Rs.8.21 Crore in the same quarter of the last fiscal year. Its current paid up capital stands at Rs.80 Crore with negative Rs.21.25 Crore in reserve fund.

It posted earnings per share (EPS) of Rs.1.08 while net worth per share stood at Rs.73.43.

Kalika Power Company Limited (KPCL) has posted a profit after income tax of Rs.2.48 Crore in the first quarter (Q1) of FY 2076/77 which was Rs.1.78 Crore in the previous year.

The company has made Rs.5.62 Crore by selling electricity which has decreased compared to income worth Rs.5.87 Crore in the corresponding quarter of last FY 2075/76. The cost of sale has also decreased to Rs.32.04 Lakhs from Rs.38.33 Lakhs in the corresponding quarter of the last year.

Its share capital remains at Rs.60 Crore and a reserve has increased to Rs.3.69 Crore in a current fiscal year. Annualized EPS of the company stands at Rs.16.55, Net worth per share stands at Rs.106.16 and a P/E ratio of the company is 4.77 times.

Khani Khola Hydropower Company Limited (KKHC) has published its unaudited financial report of the first quarter for FY 2076/77. The net loss after income tax decreased to Rs.3.34 Crore in this quarter from a net loss of Rs.3.65 Crore in the corresponding quarter of the previous FY 2075/76.

KKHC has made income from sale of electricity of Rs.1.09 Crore by the end of the first quarter falling from Rs.1.99 Crore in the corresponding quarter of previous year.

Its current paid-up capital stands at Rs.46.57 Crore with Rs.46.41 Crore as negative reserve fund. The net worth per share is at Rs.1.34 and EPS stands at negative of Rs.28.71.