Universal Power Company reported 98.02% increase in Net Profit; Project in the final stage of completion

Fri, Sep 4, 2020 10:43 AM on Latest, Company Analysis,

Universal Power Company Limited (UPCL) has published the unaudited fourth-quarter report for FY 2076/2077. As per the report, the company has reported an increase in Net Profit by 98.02% to Rs. 5.71 crores from Rs. 2.88 crores.

The company’s project “Tallo Khare Khola Jalvidyut (11MW)” is in the final stage of completion which is why the company has no income from electricity in this quarter.

The company’s paid-up capital remains at Rs. 2.10 Arba. Similarly, the company has increased its reserve and surplus by a staggering 304.61% to Rs. 10.14 crores.

The company’s borrowings increased to Rs. 1.25 Arba in this quarter by 26.26% (short and long term) in Q4 of fiscal year 2076/2077. The company sits at the liquidity of 11.74X.

The EPS of the company stood at Rs. 2.72 and Net worth per share stood at Rs. 104.83. The company traded at a P/E multiple of 25.75 times.

Click here for Q4 report

Major Highlights:

Particulars ('000)

Universal Power Company Limited

Q4, 2076/2077

Q4,2075/2076

Difference

Paid-up capital

2,100,350.00

2,100,350.00

-

Reserve Fund

101,468.77

25,078.02

304.61%

Plant Property and Equipment

1,498.65

380.91

293.44%

Borrowings

1,253,371.65

992,682.13

26.26%

Income from Sale of Electricity

-

-

-

Administrative and other Operating Expenses

6,369.45

7,183.97

-11.34%

Finance Costs

-

-

-

Operating Profit/(Loss)

76,143.86

38,451.94

98.02%

Net Profit/(Loss)

57,107.89

28,838.95

98.02%

EPS (In Rs.)

2.72

1.37

98.02%

Net worth per share (In Rs.)

104.83

101.19

3.59%

Qtr End Price (In Rs.)

70

-

-

Qtr End P/E Ratio (times)

25.75

-

-

Current Ratio (times)

11.74

-

-