KPCL Records Considerable Decline in Net Profits in Q4; EPS Stands at Rs. 7.78
Thu, Aug 17, 2023 6:22 AM on Financial Analysis, Latest,
Kalika Power Company Limited (KPCL) has published its fourth-quarter report for the recently concluded financial year 2079-80 with a considerable decrease in its Net profits by 23.62 percent. As of FY 2079-89, the hydropower company has made Rs. 6.17 crore as opposed to earning Rs. 8.08 crores until the corresponding quarter of FY 2078-79.
The revenue from power sales—core business revenue—of the company has decreased by almost four percent, totaling Rs. 19.17 crores until the last quarter of FY 2079-80. Similarly, until the same period the finance cost of the company has increased by almost 8 percent.
With a decline in Net profits, the Earnings per Share (EPS) of the company has declined as well to stand at Rs. 7.78, alongside a Net Worth per Share of Rs. 110.40.
The Price per Earnings (PE) ratio of the company stands at 45.61 times as of Q4 of FY 2079-80.
KPCL maintains Rs. 79.35 crores in paid-up capital and has Rs. 8.25 crores in the form of retained earnings.
The stock of spare parts for the power plant equipment has been maintained sufficiently. The finance cost on the term loan of the project does have an impact on the company's profitability, as it's a major portion of the company's expenses. The company has a focus on the effective and efficient operation of the project.
Major Financial Highlights:
| Particulars (In Rs '000) | Kaika Power Company | ||
|---|---|---|---|
| Q4 2079/80 | Q4 2078/79 | Difference | |
| Paid Up Capital | 793,500.00 | 690,000.00 | 15.00% |
| Retained Earnings | 82,559.04 | 129,482.88 | -36.24% |
| Property, Plant & Equipment | 1,081,186.25 | 1,127,361.52 | -4.10% |
| Revenue from Power Sales | 191,775.79 | 199,690.36 | -3.96% |
| Administrative Expenses | 14,480.73 | 11,892.52 | 21.76% |
| Finance Expenses | 37,243.60 | 34,494.93 | 7.97% |
| Net Profit | 61,767.12 | 80,871.86 | -23.62% |
| EPS (In Rs.) | 7.78 | 11.72 | -33.59% |
| Net Worth per Share (In Rs.) | 110.40 | 118.77 | -7.04% |
| Qtr end PE Ratio (times) | 45.61 | - | - |
| Qtr End Market Price | 355 | - | - |
