Radhi Bidhyut Company Reports Decline In Major Profitability Indicators In Q2
Fri, Feb 11, 2022 8:42 AM on Financial Analysis, Latest,
Radhi Bidhyut Company Limited (RADHI) has published the unaudited second-quarter report for FY 2078/2079. As per the report, the net profit of the company declined by 34.18%; stood at Rs. 3.20 crore from Rs. 4.86 crore in the corresponding quarter of the previous year.
The company’s paid-up capital remains at Rs. 64.64 Crores. Similarly, the company’s reserve fund declined by 55.37% reaching to 10.30 crores in Q2 of the fiscal year 2078/2079.
The company’s Borrowings decreased by 12.13% and stood at Rs. 22.85 crores till Q2, 2078/2079.
The revenue from the sale of electricity has declined by 8.70%. The revenue stood at Rs. 7.77 crores in the second quarter of FY 2078/2079.
The company sits at a fair liquidity position with a current ratio of 1.5 times. The acceptable ratio is 1.5 times.
The company’s EPS stands at Rs. 9.90 and Net worth per share at Rs. 115.93. The Qtr End P/E ratio of the company stands at 71.60 times for the end of the second quarter.
Major Highlights:
|
Particulars |
Radhi Bidhyut Company Limited |
||
|---|---|---|---|
|
Q2, 2078/2079 |
Q2, 2077/2078 |
Difference |
|
|
Paid-Up Capital |
646,404.62 |
473,556.50 |
- |
|
Reserve & Surplus |
103,003.11 |
230,774.62 |
-55.37% |
|
Investments |
393,681.35 |
361,987.75 |
8.76% |
|
Borrowings |
228,555.10 |
260,104.75 |
-12.13% |
|
Revenue from power sales |
77,736.02 |
85,147.33 |
-8.70% |
|
Administrative Expenses |
10,927.42 |
7,236.38 |
51.01% |
|
Other Income |
12,119.64 |
2,966.98 |
308.48% |
|
Net Profit |
32,003.15 |
48,620.37 |
-34.18% |
|
Earnings per share (Rs.) |
9.90 |
20.53 |
- |
|
Net worth per share (Rs.) |
115.93 |
148.73 |
- |
|
P/E Ratio (times) |
71.60 |
- |
- |
|
Current Ratio (times) |
1.50 |
- |
- |
