Hydroelectricity Investment and Development reports decline in major profitability indicators in Q2; EPS at Rs. 5.19
Fri, Feb 12, 2021 9:44 AM on Latest, Company Analysis,
Hydroelectricity Development and Investment Company Limited (HIDCL) has published the unaudited quarterly report for the second quarter of FY 2077/2078. The net profit of the company decreased by 22.63% to Rs. 42.83 Crore from last year’s Rs. 55.36 Crore.
The company’s paid-up capital stands at Rs. 16.50 Arba with reserve and surplus of Rs. 1.50 Arba. The company has Rs. 3.86 Arba as a Loan to different power projects and has investment a total of Rs. 70.62 crores in subsidiaries.
The annualized EPS of the company stands at Rs. 5.19. The quarter-end P/E ratio and net worth per share stand at 53.35 times and Rs. 109.15 respectively.
Major Highlgihts:
|
Particulars |
Hydroelectricity Investment and development company limited |
||
|---|---|---|---|
|
Q2, 2077/2078 |
Q2, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
16,500,000.00 |
11,000,000.00 |
50.00% |
|
Reserve & Surplus |
1,509,624.53 |
605,873.12 |
149.17% |
|
Plant, Property and Equipment |
42,954.82 |
12,072.52 |
255.81% |
|
Investment in Subsidiary |
706,270.00 |
255,000.00 |
176.97% |
|
Loan to power project |
3,866,870.90 |
2,863,206.55 |
35.05% |
|
Borrowings |
1,208,711.10 |
1,137,044.04 |
6.30% |
|
Total Income |
690,152.93 |
868,290.08 |
-20.52% |
|
Administrative Expenses |
9,087.10 |
15,367.36 |
-40.87% |
|
Financial Expenses |
0.00 |
0.00 |
- |
|
Net Profit |
428,318.55 |
553,621.79 |
-22.63% |
|
Earnings per share (Rs.) |
5.19 |
10.07 |
- |
|
Net worth per share (Rs.) |
109.15 |
105.51 |
- |
|
P/E Ratio (times) |
53.35 |
- |
- |
|
Current Ratio (times) |
27.11 |
- |
- |
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