Sanima Mai Hydropower Reports Decline In Revenue By Small Margin; How Has It Performed Overall?

Thu, Aug 12, 2021 6:42 AM on Company Analysis, Latest,

Sanima Mai Hydropower Company Limited (SHPC) has posted net profit growth of 10.92% in the fourth quarter (Q4) of the current FY 2077/78. The profit increased to Rs. 40.68 crores in this quarter from Rs. 36.66 crores in the corresponding quarter of the previous year.

SHPC has sold electricity worth Rs 85.03 crores and collected revenue from other sources worth Rs. 1.42 lakh by the end of Q4.

Its reserve fund stands at Rs. 68.02 crores with share capital at Rs 2.80 Arba. The total borrowings of the company stood at Rs. 1.98 Arba by the end of the fourth quarter.

The company sits in a fair liquidity position of 2 times. The acceptable ratio is 1.5 times.

Its earnings per share stand at Rs 14.49, net worth per share at Rs 124.22, and P/E ratio stood at 35.41 times.

Click here for the Q4 report

Major Highlights:

Particulars

Sanima Mai Hydropower Limited

Q4, 2077/2078

Q4, 2076/2077

Difference

Paid-Up Capital

2,808,410.00

2,553,100.00

10.00%

Reserve & Surplus

680,235.57

656,303.94

3.65%

Plant and Property

15,759.60

18,740.18

-15.90%

Capital WIP

3,587,618.26

3,740,656.10

-4.09%

Borrowings

1,980,433.58

2,240,135.12

-11.59%

Total Revenue

850,451.71

861,896.97

-1.33%

Administrative Expenses

181,030.85

175,450.81

3.18%

Financial Expenses

182,866.69

242,005.04

-24.44%

Net Profit

406,896.16

366,839.57

10.92%

Earnings per share (Rs.)

14.49

14.37

-

Net worth per share (Rs.)

124.22

125.71

-

P/E Ratio (times)

35.41

-

-

Current Ratio (times)

2.00

-

-