Upper Tamakoshi Hydropower Limited Reports Net Profit For The First Time After Full Operation of Project
Tue, Nov 16, 2021 10:10 AM on Company Analysis, Latest,
Upper Tamakoshi Hydropower Limited (UPPER) has reported a Net Profit of Rs. 86 crores in the first quarter (Q1) of the current FY 2078/79. The company earned Net Profit for the first time since the company has gone into full operation in last 2 months.
The company has finally gone into full operation with a project capacity of 456 MW.
UPPER has sold electricity worth Rs. 1.72 Arba in this quarter.
Its reserve fund stands at Rs. -20.08 crores with share capital at Rs 10.59 Arba.
The company sits in a liquidity position of 0.59 times. The acceptable ratio is 1.5 times.
Its annualized earnings per share stood at Rs. 32.48. The net worth per share at Rs 98.10 and the P/E ratio stood at 21.52 times.
Major Highlights:
|
Particulars |
Upper Tamakoshi Hydropower Limited |
||
|---|---|---|---|
|
Q1 2078/79 |
Q1 2077/78 |
Difference |
|
|
Paid Up Capital |
10,590,000.00 |
10,590,000.00 |
0.00% |
|
Retained Earnings |
(200,891.24) |
(719,353.42) |
-72.07% |
|
Property, Plant and Equipment |
86,203,030.04 |
78,229,879.07 |
10.19% |
|
Loans and Advances |
45,000,000.00 |
41,333,098.12 |
8.87% |
|
Cash and Cash Equivalents |
269,605.44 |
171,986.08 |
- |
|
Sale of Electricity |
1,727,751.94 |
- |
- |
|
Other Income |
69.88 |
16.21 |
- |
|
Operation and Maintenance Expenses |
28,007.10 |
10,226.81 |
173.86% |
|
Operating Profit |
1,366,366.38 |
(7,187.95) |
- |
|
Net Profit |
860,019.04 |
(17,801.74) |
- |
|
EPS (In Rs.) (Not Annualized) |
32.48 |
(0.67) |
- |
|
Net Worth per Share (In Rs.) |
98.10 |
93.21 |
5.25% |
|
Qtr End P/E Ratio |
21.52 |
- |
- |
