Synergy Power reposts decline in profitability in Q4; Look at the major highlights
Wed, Aug 4, 2021 7:24 AM on Latest, Company Analysis,
Synergy Power Development Limited (SPDL) has posted a decline in net profit for the fourth quarter of the current FY 2077/78 compared to the corresponding quarter of the last fiscal year.
The net profit after tax prior to reserves adjustment stands at Rs. 8.27 Crore in the fourth quarter of the fiscal year, which was Rs. 10.90 Crores in the corresponding quarter of the previous fiscal year 2076/77. The net profits have decreased by 24.2% compared to the previous year.
It made an income of Rs. 20 Crore, mainly from selling electricity, by the end of the fourth quarter. It was Rs. 23.62 Crore in the corresponding quarter of the previous year.
Its share capital stood at Rs. 73.32 Crore with a reserve of Rs. 8.35 crores. The project has long-term loans worth Rs. 67.25 Crore till the end of the fourth quarter, which was Rs. 59.42 Crore in the previous year’s corresponding quarter.
The earning per share (EPS) as of the quarter-end stands at Rs. 11.29 and its net worth per share stands at Rs. 111.40.
Major Highlights:
|
Particulars |
Synergy Power Development Limited |
||
|---|---|---|---|
|
Q4, 2077/2078 |
Q4, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
733,250.00 |
700,000.00 |
- |
|
Reserve & Surplus |
83,577.30 |
35,827.97 |
133.27% |
|
Plant and Property |
34,308.70 |
34,487.25 |
-0.52% |
|
Capital WIP |
0.00 |
0.00 |
- |
|
Borrowings |
697,477.62 |
594,222.84 |
17.38% |
|
Revenue |
201,723.11 |
236,229.94 |
-14.61% |
|
Administrative Expenses |
7,650.07 |
5,023.46 |
52.29% |
|
Financial Expenses |
50,288.54 |
71,368.99 |
-29.54% |
|
Net Profit |
82,749.33 |
109,078.90 |
-24.2% |
|
Earnings per share (Rs.) |
11.29 |
15.94 |
- |
|
Net worth per share (Rs.) |
111.40 |
105.12 |
- |
|
P/E Ratio (times) |
39.79 |
- |
- |
|
Current Ratio (times) |
2.68 |
- |
- |
