Nepal Hydro Developer reports decline in bottom line in Q2; Look at the major highlights

Wed, Mar 3, 2021 7:49 AM on Latest, Company Analysis,

Nepal Hydro Developer Limited (NHDL) has reported a decline in net profit by 56.33% in the second quarter (Q2) of the current FY 2077/78. The profit decreased to Rs. 1.18 crores in this quarter from Rs. 2.70 crores in the corresponding quarter of previous year.

NHDL has sold electricity of worth Rs. 4.33 crores and collected revenue from other sources worth Rs. 2.79 lakhs by the end of Q2.

Its reserve fund stands at Rs. 6.11 crores with share capital at Rs 26.00 crores.

The company sits in a fair liquidity position of 1.62 times. The acceptable ratio is 1.5 times.

Its annualized earning per share stands at Rs. 9.08. The net worth per share at Rs 123.51 and P/E ratio stood at 24.88 times.

Click here for Q2 report

Major Highlights:

Particulars

Nepal Hydro Developer Limited

Q2, 2077/2078

Q2, 2076/2077

Difference

Paid-Up Capital

260,000.00

260,000.00

-

Reserve & Surplus

61,114.00

47,757.00

27.97%

Plant, Property and Equipment

477,498.00

499,757.00

-4.45%

Borrowings

194,836.00

247,456.00

-21.26%

Total Income

43,629.00

65,826.00

-33.72%

Administrative Expenses

265.00

1,325.00

-80.00%

Financial Expenses

10,699.00

16,991.00

-37.03%

Net Profit

11,808.00

27,042.00

-56.33%

Earnings per share (Rs.)

9.08

20.80

-

Net worth per share (Rs.)

123.51

118.37

-

P/E Ratio (times)

24.88

-

-

Current Ratio (times)

1.62

-

-