Panchthar Power reports increase in net profit by 9.69% in Q2; EPS at Rs. 18.64

Wed, Feb 10, 2021 8:54 AM on Latest, Company Analysis,

Panchthar Power Company Limited (PPCL) has reported increment in net profit by 9.69% in the second quarter (Q2) of the current FY 2077/78. The profit increased to Rs. 8.97 crores in this quarter from Rs. 8.17 crores in the corresponding quarter of previous year.

PPCL has sold electricity of worth Rs. 22.68 crores and collected revenue from other sources worth Rs. 4.35 Lakhs by the end of Q2.

Its reserve fund stands at Rs. -5.043 crore with share capital at Rs 96.25 crores.

The company sits in a liquidity position of 1.14 times. The acceptable ratio is 1.5 times.

Its annualized earning per share stands at Rs. 18.64. The net worth per share at Rs. 94.76 and P/E ratio stood at 15.77 times.

Click here for Q2 report

Major Highlights:

Particulars

Panchthar Power Company Limited

Q2, 2077/2078

Q2, 2076/2077

Difference

Paid-Up Capital

962,500.00

962,500.00

-

Reserve & Surplus

-50,434.25

-141,925.82

-

Plant, Property and Equipment

2,283,497.99

2,359,496.60

-3.22%

Investment in Associates

0.00

0.00

-

Borrowings

1,386,037.92

1,563,211.28

-11.33%

Total Income

227,255.97

248,012.47

-8.37%

Administrative Expenses

9,919.76

11,223.82

-11.62%

Financial Expenses

71,978.97

98,849.00

-27.18%

Net Profit

89,709.34

81,785.27

9.69%

Earnings per share (Rs.)

18.64

16.99

-

Net worth per share (Rs.)

94.76

85.25

-

P/E Ratio (times)

15.77

-

-

Current Ratio (times)

1.14

-

-