Nepal Lube Oil Limited (NLO) Reports Net Profit of Rs. 2.6 Crores For Q3 of FY 2078/79; EPS Stands Rs 92.28
Mon, Jun 6, 2022 12:37 PM on Latest, Financial Analysis, Stock Market,
Nepal Lube Oil Limited (NLO) published its third-quarter report (Q3) for the fiscal year 2078/79. The company reported a net profit of Rs. 2.6 Crores in this quarter, which has slightly declined by 0.67% as compared to the third quarter of the previous fiscal year. NLO is a licensee of Gulf Oil International, which manufactures and distributes Gulf lubricants in the Nepalese market.
The share capital of the company increased by 30.27% coming up to Rs. 3.8 Crores in this quarter. Likewise, the retained earnings of the company grew to Rs 22.1 crores. The revenue from operations of the company, which were previously at Rs 79.1 crores, grew to stand at Rs 92.4 crores for the quarter-end.
The annualised EPS of the company currently stands at Rs 92.28, which has declined from Rs 121.01 in the corresponding quarter of the previous year.
The net worth per share stands at Rs 918.36 and quarter-end PE stands at 2.74 times.
| Particulars (Rs in 000) | Nepal Lube Oil Limited | ||
|---|---|---|---|
| Q3 2078/79 | Q3 2077/78 | Difference | |
| Share Capital | 38,759 | 29,753 | 30.27% |
| Retained Earnings | 221,213 | 169,908 | 30.20% |
| Other Components of Equity | 95,971 | 96,186 | -0.22% |
| Property, Plant and Equipment | 176,349 | 146,693 | 20.22% |
| Trade Receivables | 424,858 | 365,856 | 16.13% |
| Cash and Cash Equivalents | 9,047 | 10,999 | -17.74% |
| Loans and Borrowings | 366,670 | 306,688 | 19.56% |
| Trade and Other Payables | 122,655 | 95,908 | 27.89% |
| Revenue from Operation | 924,933 | 791,740 | 16.82% |
| Other Operating Income | 1,613 | 3,536 | -54.37% |
| Selling and Distribution Expenses | 150,838 | 158,569 | -4.88% |
| Administrative and General Expenses | 31,114 | 27,234 | 14.25% |
| Net Profit | 26,824 | 27,004 | -0.67% |
| Annualized EPS (In Rs.) | 92.28 | 121.01 | -23.75% |
| Net Worth per Share (In Rs.) | 918.36 | 994.34 | -7.64% |
| Qtr End P/E Ratio | 2.74 | - | |
| Qte End Price | 252.7 | - | |
