CEDB Holdings Limited (CHDC) posted a remarkable 290.58% rise in net profit, reaching Rs. 20.94 crore in Q2 of fiscal year 2081/82, compared to Rs. 5.36 crore in the same period last year.
The company’s paid-up capital expanded by 23.21% to Rs. 1.03 Arba, while reserves and surplus increased by 9% to Rs. 60.04 crore. However, advances declined by 24.68% to Rs. 43.75 crore, and investment in fixed deposits was slashed by 59.14% to Rs. 7.56 crore. Despite this, total investment in other areas surged by 160.42%, reaching Rs. 1.16 Arba.
Total revenue soared by 224.32% to Rs. 23.01 crore, significantly outpacing a 38.90% rise in total expenses, which stood at Rs. 1.38 crore. This strong revenue growth propelled net profit to nearly triple.
Annualized earnings per share (EPS) surged by 217.01% to Rs. 40.51 from Rs. 12.78 in the previous year. Meanwhile, net worth per share declined by 4.57% to Rs. 158.06. CHDC’s stock was trading at Rs. 1,629 per share, with a price-to-earnings (P/E) ratio of 40.21 times at the end of the quarter.
Major Highlights:
| Particulars (In Rs '000) | CEDB Holdings Limited | ||
|---|---|---|---|
| Q2 2081/82 | Q2 2080/81 | Difference | |
| Paid Up Capital | 1,034,237.06 | 839,410.00 | 23.21% |
| Reserve & Surplus | 600,436.84 | 550,863.53 | 9.00% |
| Advances | 437,570.77 | 580,961.32 | -24.68% |
| Investment In Fixed Deposits | 75,600.00 | 185,000.00 | -59.14% |
| Investment | 1,169,518.50 | 449,095.60 | 160.42% |
| Total Revenue | 230,171.76 | 70,969.66 | 224.32% |
| Total Expenses | 13,874.48 | 9,988.73 | 38.90% |
| Net Profit | 209,498.59 | 53,637.23 | 290.58% |
| EPS (In Rs.) | 40.51 | 12.78 | 217.01% |
| Net Worth per Share (In Rs.) | 158.06 | 165.63 | -4.57% |
| Qtr end PE Ratio (times) | 40.21 | - | - |
| Qtr End Market Price | 1629 | - | - |
