Arun Valley Hydropower Reports 222.70% Incline in Sales Revenue Worth Rs. 22.35 Crores; Net Worth Per Share at Rs. 103.70
Fri, May 12, 2023 11:18 AM on Latest, Financial Analysis, Stock Market,
Arun Valley Hydropower Development Company Limited (AHPC) has published the unaudited third-quarter report for FY 2079/2080. As per the report, the company's net profit decreased to Rs. 6.44 crores from Rs. 9.98 crores. This is 35.52% decline in net profit as compared to the corresponding quarter of the previous year.
The company’s paid-up capital increased to Rs. 1.86 arba. Similarly, the company has Rs. 6.90 crores as reserves.
The company earned Rs. 22.35 Crores from the sale of electricity. Despite having good earning from the power sales, which has increased by huge margin of 222.70%, the company reported decline in net profit due to the higher interest expenses worth Rs. 12.40 Crores, an incline of 8492.56%.
The annualized EPS of the company stood at Rs. 4.60 and Net worth per share stood at Rs. 103.70. The company's quarter-end P/E ratio stands at 65.19 times.
Financial Highlights:
| Particulars (In Rs '000) | Arun Valley Hydropower Company | ||
|---|---|---|---|
| Q3 2079/80 | Q3 2078/79 | Difference | |
| Paid Up Capital | 1,867,962.60 | 1,729,595.00 | 8.00% |
| Other Equity | 69,085.32 | 160,280.59 | -56.90% |
| Property, Plant & Equipment (NET) | 2,412,064.13 | 2,448,305.29 | -1.48% |
| Investment | 569,718.31 | 494,168.35 | 15.29% |
| Total Income (Power Sales) | 223,570.86 | 69,281.80 | 222.70% |
| Administrative Expenses | 1,478.96 | 4,431.09 | -66.62% |
| Financial Cost | 124,062.43 | 1,443.84 | 8492.56% |
| Net Profit | 64,469.07 | 99,981.58 | -35.52% |
| EPS (In Rs.) | 4.60 | 7.71 | -40.30% |
| Net Worth per Share (In Rs.) | 103.70 | 109.27 | -5.10% |
| Qtr end PE Ratio (times) | 65.19 | - | - |
| Qtr End Market Price | 300 | - | - |
