No revenue for Upper tamakoshi in Q2; What is the project status?
Thu, Feb 11, 2021 8:04 AM on Latest, Company Analysis,
Upper Tamakoshi Hydropower Limited (UPPER) has reported a net loss of Rs. 3.15 crores in this quarter.
As per the management, the Upper tamakoshi project of 456 MW is in the final phase of completion which is why the company has not earned any revenue till the date.
Its reserve fund stands at Rs. -82.20 crore with share capital at Rs 10.59 Arba.
The company sits in a liquidity position of 0.36 times. The acceptable ratio is 1.5 times.
Its annualized earning per share stands at Rs. -0.60. The net worth per share at Rs. 92.24.
Major Highlights:
|
Particulars |
Upper Tamakoshi Hydropower Limited |
||
|---|---|---|---|
|
Q2, 2077/2078 |
Q2, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
10,590,000.00 |
10,590,000.00 |
- |
|
Reserve & Surplus |
-822,042.16 |
-662,151.39 |
- |
|
Plant, Property and Equipment |
6,381.21 |
7,496.51 |
-14.88% |
|
Capital work in progress |
81,011,196.17 |
72,043,654.41 |
12.45% |
|
Investment in Associates |
0.00 |
0.00 |
- |
|
Borrowings |
42,833,098.12 |
38,550,000.00 |
11.11% |
|
Total Income |
0.00 |
0.00 |
- |
|
Administrative Expenses |
22,562.03 |
24,874.85 |
-9.30% |
|
Financial Expenses |
11,250.00 |
1,111.13 |
912.48% |
|
Net Profit |
-31,571.08 |
-23,339.31 |
- |
|
Earnings per share (Rs.) |
-0.60 |
-0.44 |
- |
|
Net worth per share (Rs.) |
92.24 |
93.75 |
- |
|
P/E Ratio (times) |
-830.20 |
- |
- |
|
Current Ratio (times) |
0.36 |
- |
- |
