Sanima Mai Hydropower Reports Satisfactory Growth In Major Profitability Indicators In Q3 (FY 78/79)
Mon, May 9, 2022 10:02 PM on Latest, Financial Analysis, Stock Market,
Sanima Mai Hydropower Company Limited (SHPC) has reported an increase in net profit by 35.47% in the third quarter (Q3) of the current FY 2078/79. The profit increased to Rs.45 crores in this quarter from Rs. 33.22 crores in the corresponding quarter of the previous year.
The revenue from the sale of electricity increased by 11.51% in this quarter and financial income has been increased by 369% as compared to the corresponding previous year quarter ending.
SHPC has a share capital of Rs 3.08 Arba, whereas, Reserves and Surplus are Rs 82.78 crore. At this capital, the EPS stands at Rs. 14.57. The net worth per share at Rs 126.80. The company sits in a fair liquidity position of 5.68 times.
Major Financial Highlights
| Particulars (Rs in 000) | Sanima Mai Hydropower Ltd | ||
|---|---|---|---|
| Q3 2078/79 | Q3 2077/78 | Difference | |
| Share Capital | 3,089,251.00 | 2,808,410.00 | 10.00% |
| Retained Earnings | 821,326.89 | 601,007.77 | 36.66% |
| Other Reserves | 6,546.50 | 4,554.72 | 43.73% |
| Property, Plant and Equipment | 14,512.42 | 16,925.16 | -14.26% |
| Investment in associates | 1,225,700.00 | 947,500.00 | 29.36% |
| Advance Towards Investment in Equity | 31,750.00 | 299,250.00 | -89.39% |
| Cash and Cash Equivalents | 72,793.62 | 92,500.61 | -21.30% |
| Sale of Electricity | 740,047.00 | 663,644.20 | 11.51% |
| Finance Income | 27,347.71 | 5,831.09 | 369.00% |
| Operation and Maintenance Expenses | 133,919.84 | 130,542.22 | 2.59% |
| Operating Profit | 546,690.16 | 478,011.56 | 14.37% |
| Net Profit | 450,060.77 | 332,223.54 | 35.47% |
| EPS (In Rs.) | 14.57 | 11.83 | 23.16% |
| Net Worth per Share (In Rs.) | 126.80 | 121.56 | 4.31% |
| Current Ratio | 5.68 | 6.64 | -14.46% |
| Market Value Per Share | 375.00 | 374.00 | 0.27% |
