Sanima Mai Hydropower Reports Satisfactory Growth In Major Profitability Indicators In Q2

Fri, Feb 4, 2022 9:30 AM on Company Analysis, Latest,

Sanima Mai Hydropower Company Limited (SHPC) has reported an increase in net profit by 17.99% in the second quarter (Q2) of the current FY 2078/79. The profit increased to Rs. 37.14 crores in this quarter from Rs. 31.48 crores in the corresponding quarter of the previous year.

The revenue increased by 5.50% in this quarter. 

Its reserve fund stands at Rs. 74.92 crores with share capital at Rs 3.09 Arba.

The company sits in a fair liquidity position of 3.69 times. The acceptable ratio is 1.5 times.

Its annualized earning per share stands at Rs. 24.05. The net worth per share at Rs 124.25 and the P/E ratio stood at 19.09 times.

Click here for the Q2 report

Major Highlights:

Particulars

Sanima Mai hydropower Company Limited

Q2, 2078/2079

Q2, 2077/2078

Difference

Paid-Up Capital

3,089,251.00

2,808,410.00

-

Reserve & Surplus

749,266.59

585,171.34

28.04%

Plant, Property and Equipment

15,224.40

17,476.29

-12.89%

Borrowings

1,837,759.68

2,114,379.59

-

Revenue from power sales

576,575.87

546,540.61

5.50%

Administrative Expenses

89,783.73

85,417.32

5.11%

Other Income

3,982.39

3,068.05

29.80%

Net Profit

371,453.97

314,819.00

17.99%

Earnings per share (Rs.)

24.05

22.42

-

Net worth per share (Rs.)

124.25

120.84

-

P/E Ratio (times)

19.09

-

-

Current Ratio (times)

3.69

-

-