Panchthar Power reports decline in profitability indicators in Q3; Look at the major highlights
Tue, May 4, 2021 8:08 AM on Latest, Financial Analysis,
Panchthar Power Company Limited (PPCL) has reported a decline in net profit by 55.52% in the third quarter (Q3) of the current FY 2077/78. The profit declined to Rs. 2.95 crores in this quarter from Rs. 6.64 crores in the corresponding quarter of the previous year.
PPCL has sold electricity worth Rs. 26.71 crores and collected revenue from other sources worth Rs. 4.48 Lakhs by the end of Q3.
Its reserve fund stands at Rs. -11.05 crore with share capital at Rs 96.25 crores.
The company sits in a liquidity position of 0.67 times. The acceptable ratio is 1.5 times.
Its annualized earning per share stands at Rs. 4.09. The net worth per share at Rs. 88.51 and the P/E ratio stood at 78.51 times.
Major Highlights:
|
Particulars |
Panchthar Power Company Limited |
||
|---|---|---|---|
|
Q3, 2077/2078 |
Q3, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
962,500.00 |
962,500.00 |
0.00% |
|
Reserve & Surplus |
-110,596.84 |
-157,277.14 |
-29.68% |
|
Plant, Property and Equipment |
2,261,975.69 |
2,337,953.21 |
-3.25% |
|
Investment in Subsidiary |
0.00 |
0.00 |
- |
|
Borrowings |
1,369,218.04 |
1,552,536.49 |
-11.81% |
|
Total Income |
267,598.96 |
307,502.81 |
-12.98% |
|
Administrative Expenses |
5,482.39 |
5,848.54 |
-6.26% |
|
Financial Expenses |
99,319.04 |
143,879.29 |
-30.97% |
|
Net Profit |
29,546.75 |
66,433.98 |
-55.52% |
|
Earnings per share (Rs.) |
4.09 |
9.20 |
-55.52% |
|
Net worth per share (Rs.) |
88.51 |
83.66 |
5.80% |
|
P/E Ratio (times) |
78.18 |
- |
- |
|
Current Ratio (times) |
0.67 |
- |
- |
