CEDB Hydropower Net Profit Surges to Rs. 9.07 Crores in Q1 2081/82, Revenue Up by 146%; Annualized EPS Rises to Rs. 35.11
Tue, Oct 29, 2024 9:26 AM on Financial Analysis, Company Analysis, Latest,
CEDB Hydropower Development Company Limited (CHDC) reported significant growth across various financial metrics in Q1 of fiscal year 2081/82 compared to the same quarter in 2080/81.
The company’s paid-up capital rose by 23.21%, reaching Rs. 1.03 Arba from the previous year’s Rs. 83.94 crores. However, reserve and surplus declined by 9.39%, settling at Rs. 48.60 crores, indicating a reduction in retained earnings and reserves over the period.
The advances category saw a dramatic increase of 81.26%, amounting to Rs. 86.81 crores. Meanwhile, investment in fixed deposits decreased slightly by 5.08%, with the company’s fixed deposit allocation reduced from Rs. 18.50 crores to Rs. 17.56 crore. Total investment in other areas surged by 60.90%, reaching Rs. 72.25 crores.
The company’s total revenue saw an impressive increase of 145.91%, reaching Rs. 10.08 crores compared to Rs. 4.09 crores in the same quarter the previous year. This revenue growth outpaced the rise in total expenses, which went up by 41.39% to Rs. 89.70 lakhs. This effective revenue-to-expense ratio resulted in a substantial increase in net profit, which soared by 202.28% to Rs. 9.07 crore from Rs. 3 crore.
Annualized Earnings per share (EPS) also rose significantly by 145.33%, reaching Rs. 35.11 compared to Rs. 14.31 in the previous year. However, net worth per share fell by 10.32% to Rs. 147. The company’s quarter-end PE ratio was recorded at 50.98 times, with a quarter-end market price of Rs. 1,790.
| Particulars (In Rs '000) | CEDB Hydropower Development Company | ||
|---|---|---|---|
| Q1 2081/82 | Q1 2080/81 | Difference | |
| Paid Up Capital | 1,034,237.06 | 839,410.00 | 23.21% |
| Reserve & Surplus | 486,042.22 | 536,398.17 | -9.39% |
| Advances | 868,177.40 | 478,971.57 | 81.26% |
| Investment In Fixed Deposits | 175,600.00 | 185,000.00 | -5.08% |
| Investment | 722,518.50 | 449,048.41 | 60.90% |
| Total Revenue | 100,779.02 | 40,981.62 | 145.91% |
| Total Expenses | 8,970.52 | 6,344.55 | 41.39% |
| Net Profit | 90,783.87 | 30,033.50 | 202.28% |
| EPS (In Rs.) | 35.11 | 14.31 | 145.33% |
| Net Worth per Share (In Rs.) | 147.00 | 163.90 | -10.32% |
| Qtr end PE Ratio (times) | 50.98 | - | - |
| Qtr End Market Price | 1790 | - | - |
