HIDCL Profit Rises by 22.08% to Rs 97.6 Crores in Q4; Look at the Major Financial Highlights

Mon, Aug 15, 2022 11:42 AM on Latest, Financial Analysis, Stock Market,

Hydroelectricity Development and Investment Company Limited (HIDCL) has published the unaudited quarterly report for the fourth quarter of FY 78/79. The net profit of the company increased by 22.08% to Rs 97.6 Crores from last year’s Rs 79.9 crore.

The company’s paid-up capital stands at Rs. 20.71 Arba with a reserve and surplus of Rs 1.67 arba.

The company has equity investments worth Rs 1.75 Arba till Q4 and have term deposits with banks worth Rs 12.38 arba till Q4.

The EPS of the company on the corresponding quarter of the previous year was at Rs 4.85, which declined by 2.76% to Rs 4.71 by the end of the fourth quarter.

The quarter end P/E ratio and net worth per share stand at 42.44 times and Rs 108.08 respectively.

Click here for Q4 report 

Major Highlights:

Particulars (Rs in 000) Hydroelectricity Investment and Development Company Limited
Q4 2078/79 Q4 2077/78 Difference
Paid Up Capital                                20,715,052                        16,500,000 25.55%
Reserves and Surplus                                  1,673,839                          1,763,379 -5.08%
Property, Plant and Equipment                                        10,943                                  8,113 34.88%
Investment in Equity                                  1,754,225                              706,550 148.28%
Term Deposits With Bank                                12,380,000                        11,920,000 3.86%
Cash and Cash Equivalents                                      853,569                              151,229 464.42%
Inventories                                              126                                      164 -23.17%
Revenue from Operation                                           3,452                                      989 249.19%
Other Income                                              365                                      108 239.36%
Operating and Administrative Expenses                                        29,130                                28,351 2.75%
Net Profit                                      976,218                              799,655 22.08%
Annualized EPS (In Rs.) 4.71 4.85 -2.76%
Net Worth per Share (In Rs.) 108.08 110.69 -2.36%
Qtr End P/E Ratio 42.44    
Qtr End Price 200