Sanima Mai Hydropower reports decline in revenue by a small margin in Q3; EPS at Rs. 16.15
Tue, May 11, 2021 8:39 AM on Latest, Financial Analysis,
Sanima Mai Hydropower Company Limited (SHPC) has reported an increase in net profit by 9.10% in the third quarter (Q3) of the current FY 2077/78. The profit increased to Rs. 34.02 crores in this quarter from Rs. 31.18 crores in the corresponding quarter of the previous year.
SHPC has sold electricity worth Rs. 66.36 crores and collected revenue from other sources worth Rs. 59.31 lakhs by the end of Q3. The revenue declined by a meagre 1.76% in this quarter. As per management, the decline in revenue from the power plants is because of the dry season and low rainfall during the period.
Its reserve fund stands at Rs. 61.35 crores with share capital at Rs 2.80 Arba.
The company sits in a fair liquidity position of 7.30 times. The acceptable ratio is 1.5 times.
Its annualized earning per share stands at Rs.16.15. The net worth per share at Rs 121.85 and the P/E ratio stood at 23.15 times.
Major Highlights:
|
Particulars |
Sanima Mai Hydropower Company Limited |
||
|
Q3, 2077/2078 |
Q3, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
2,808,410.00 |
2,553,100.00 |
10.00% |
|
Reserve & Surplus |
613,576.25 |
603,800.88 |
1.62% |
|
Plant, Property and Equipment |
16,925.16 |
19,751.12 |
-14.31% |
|
Borrowings |
2,048,462.35 |
2,300,099.91 |
-10.94% |
|
Total Income |
669,575.29 |
681,580.77 |
-1.76% |
|
Administrative Expenses |
130,542.22 |
129,326.92 |
0.94% |
|
Financial Expenses |
143,739.22 |
184,708.12 |
-22.18% |
|
Net Profit |
340,237.32 |
311,862.09 |
9.10% |
|
Earnings per share (Rs.) |
16.15 |
16.29 |
-0.82% |
|
Net worth per share (Rs.) |
121.85 |
123.65 |
-1.46% |
|
P/E Ratio (times) |
23.15 |
- |
- |
|
Current Ratio (times) |
7.30 |
- |
- |
