Ngadi Group Power profit rises by 12.53% in Q3; EPS and PE stands at Rs 11.68 and 8.99 times
Mon, Jul 13, 2020 11:15 AM on Company Analysis, Latest,
Ngadi Group Power Limited (NGPL) has posted a net profit of Rs. 4.69 crore which is 12.53% higher than the corresponding quarter.
As per the unaudited financial report published today, NGPL has earned Rs. 10.43 crore as revenue from the sale of power which is 2.12% lower than the corresponding quarter.
Despite its lower Revenue from the sale of energy, the company has increased its net profit margin to 44.94% compared to 39.09% of corresponding previous quarter.
The Share capital and Reserve &Surplus of NGPL stands at Rs. 53.55 crore and Rs. 11.17 crore respectively. The Reserve & Surplus has grown at an astonishing rate of 147.16% in Q3, 2076/2077.
The company sits at a fair liquidity position with a current ratio of 2.28x compared to its corresponding quarter of 1.28x.
The annualized EPS of NGPL stands at Rs. 11.68 and net worth per share stands at Rs. 120.87.
Major Highlights:
|
Particulars |
Q3, 2076/2077 |
Q3, 2075/2076 |
Growth |
|---|---|---|---|
|
Total Paid-up Capital |
535,554,800 |
535,554,800 |
- |
|
Retained Earnings |
111,764,481 |
45,219,032 |
147.16% |
|
Revenue from Power Sales |
104,391,673 |
106,652,602 |
-2.12% |
|
Net Profit |
46,918,109 |
41,693,852 |
12.53% |
|
Gross Profit Margin (%) |
90.31% |
88.20% |
- |
|
Net Profit Margin (%) |
44.94% |
39.09% |
- |
|
Net Worth Per Share |
120.87 |
108.44 |
11.46% |
|
Earnings Per share (Rs.) |
11.68 |
7.78 |
50.13% |
|
Price to Earnings (PE) ratio |
8.98 |
- |
- |
|
Current Ratio (times) |
2.28 |
1.28 |
78.13% |
The management notifies that the improvement in net profit and liquidity is mainly due to the operation of Siuri Khola Jalavidyut Aayojana.
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