Net Profit decreases for Himalayan Urja in Q1; Company planning to construct new hydro power projects
Wed, Nov 11, 2020 10:00 AM on Latest, Company Analysis,

Himalayan Urja Bikas Company Limited (HURJA) has published the unaudited first-quarter report for FY 2077/2078. As per the report, the net profit of the company decreased to Rs. 93.10 thousand from Rs. 10.06 Lakhs in the corresponding quarter of the previous year.
The company’s paid-up capital stood at Rs. 99.00 crores. Similarly, the company has a negative reserve of Rs. 81.55 crores. The company is planning to construct new hydropower projects.
The company has a total debt of Rs. 2.13 Arba which was Rs. 1.69 Arba in the corresponding quarter of the previous year.
The company sits at a liquidity position of 1.09 times.
The annualized EPS of the company stood at Rs. 0.04 and Net worth per share stood at Rs. 99.18. The company traded at a P/E multiple of 4093.81 times.
Financial Highlights:
Particulars |
Himalayan Urja Bikas Company Limited |
||
---|---|---|---|
Q1, 2077/2078 |
Q1, 2076/2077 |
Difference |
|
Paid-Up Capital |
990,000.00 |
990,000.00 |
- |
Reserves and Surplus |
-8,155.99 |
-11,624.42 |
- |
Plant, Property, and Equipment |
64,769.25 |
67,034.85 |
-3.38% |
Capital Work in Progress |
2,945,138.56 |
2,344,722.52 |
25.61% |
Borrowings |
2139443.03 |
1693798.46 |
26.31% |
Income from Sale of Electricity |
- |
- |
- |
Other Income |
191.52 |
1,859.81 |
-89.70% |
Administrative Expenses |
98.41 |
799.76 |
-87.69% |
Finance Costs |
- |
- |
- |
Operating Profit/(Loss) |
93.10 |
1,060.05 |
-91.22% |
Net Profit/(Loss) |
93.10 |
1,060.05 |
-91.22% |
EPS (Rs.) |
0.04 |
0.43 |
-91.22% |
Net Worth per share (Rs.) |
99.18 |
98.83 |
0.35% |
Qtr End Price (Rs.) |
154.00 |
- |
- |
Qtr End P/E Ratio (Times) |
4093.81 |
- |
- |
Current Ratio (times) |
1.09 |
1.87 |
- |