Why Did Generation Revenue decline for Ngadi Group Power in Q4?
Thu, Aug 12, 2021 7:00 AM on Latest, Company Analysis,
Ngadi Group Power Limited (NGPL) has posted net profit growth of 110.26% in the fourth quarter (Q4) of the current FY 2077/78. The profit increased to Rs. 12.27 crores in this quarter from Rs. 5.83 crores in the corresponding quarter of the previous year.
As per the management, Siuro Khola Jalavidyut Aayojana had a major impact on its operation due to landslides. Since the listing price agreement between the company and NEA ended with Mangsir, the income from the sale of electricity declined in this quarter.
NPL has sold electricity worth Rs 8.83 crores and collected revenue from other sources worth Rs13.08 crores by the end of Q4.
Its reserve fund stands at Rs. 13.63 crores with share capital at Rs 58.91 Arba. The total borrowings of the company stood at Rs. 22.78 cores by the end of the fourth quarter.
The company sits in a fair liquidity position of 1.87 times. The acceptable ratio is 1.5 times.
Its earnings per share stand at Rs 20.84, net worth per share at Rs 123.14 and P/E ratio stood at 27.35 times.
Major Highlights:
|
Particulars |
Ngadi Group Power Limited |
||
|---|---|---|---|
|
Q4, 2077/2078 |
Q4, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
589,110.30 |
535,554.80 |
10.00% |
|
Reserve & Surplus |
136,303.13 |
69,682.19 |
95.61% |
|
Plant and Property |
670,691.45 |
699,770.40 |
-4.16% |
|
Capital WIP |
0.00 |
0.00 |
- |
|
Borrowings |
227,872.06 |
288,840.25 |
-21.11% |
|
Total Revenue |
219,179.03 |
137,858.73 |
58.99% |
|
Administrative Expenses |
5,815.11 |
4,846.14 |
19.99% |
|
Financial Expenses |
21,302.49 |
29,864.06 |
-28.67% |
|
Net Profit |
122,771.88 |
58,391.30 |
110.26% |
|
Earnings per share (Rs.) |
20.84 |
10.90 |
- |
|
Net worth per share (Rs.) |
123.14 |
113.01 |
- |
|
P/E Ratio (times) |
27.35 |
- |
- |
|
Current Ratio (times) |
1.87 |
- |
- |
