United Idi mardi reports positive net profit in Q2; EPS at Rs. 1.36

Sun, Feb 28, 2021 7:47 AM on Latest, Company Analysis,

United Idi Mardi and RB Hydropower Limited (UMRH) has reported positive net profit in the second quarter (Q2) of the current FY 2077/78. The profit stood at Rs. 28.57 lakhs in this quarter 

UMRH has sold electricity worth Rs. 7.51 crores and collected revenue from other sources worth Rs. 1.13 crores by the end of Q2.

It reported a negative reserve of Rs. 4.23 crores with share capital at Rs 42.00 crores.

The company sits in a fair liquidity position of 2.15 times. The acceptable ratio is 1.5 times.

Its annualized earning per share stands at Rs. 1.36. The net worth per share at Rs 89.91 and P/E ratio stood at 165.37 times.

Click here for Q2 report

Major Highlights:

Particulars

United Idi Mardi and RB Hydropower Limited

Q2, 2077/2078

Q2, 2076/2077

Difference

Paid-Up Capital

420,000.00

315,000.00

33.33%

Reserve & Surplus

-42,376.54

-14,452.12

-

Plant, Property and Equipment

1,364,570.44

1,404,016.94

-3.52%

Borrowings

1,009,797.14

1,027,423.59

-1.72%

Total Income

86,455.39

44,877.10

92.65%

Administrative Expenses

11,407.38

6,486.77

75.86%

Financial Expenses

44,964.68

34,473.73

30.43%

Net Profit

2,857.19

-10,628.01

-

Earnings per share (Rs.)

1.36

-6.74

-

Net worth per share (Rs.)

89.91

95.41

-

P/E Ratio (times)

165.37

-

-

Current Ratio (times)

2.15

-

-