Muktinath Krishi Company's Net Profit Surged to Rs. 2.79 Crores in Q4 FY 2080/2081; EPS at Rs. 4

Wed, Aug 14, 2024 10:47 AM on Latest, Financial Analysis, Company Analysis,

Muktinath Krishi Company Limited (MKCL) has reported a remarkable financial performance in its fourth-quarter report for the fiscal year 2080/2081, with net profit soaring to Rs. 2.79 Crores, up from Rs. 1.04 Crores in the same quarter of the previous fiscal year.

The company also recorded a significant 70.14% increase in Revenue from Operations, reaching Rs. 66.78 Crores. Additionally, MKCL's other income saw a modest rise of 5.21%, amounting to Rs. 26.42 lakhs.

Despite the impressive revenue growth, MKCL faced a 36.08% increase in personnel expenses, totaling Rs. 5.52 Crores, alongside a rise in other operating and financial expenses.

MKCL has a paid-up capital of Rs. 70 Crores, though it reports negative other equity of Rs. 3.71 Crores. The company has also expanded its investments, now totaling Rs. 10.2 Crores.

Key financial metrics show MKCL's annualized Earnings per Share (EPS) increasing to Rs. 4, with a Net Worth per Share reported at Rs. 94.69.

Report: 

Major Financial Highlights:

* Figures are of Immediate Previous Year Quarter Ending

Particulars (In Rs '000) Muktinath Krishi Company
Q4 2080/81 Q4 2079/80 Difference
Paid Up Capital          700,000             560,000* 25.00%
Other Equity           (37,161)             (60,603)* -38.68%
Property, Plant and Equipment            73,319               60,660* 20.87%
Investment          102,000               36,000* 183.33%
Revenue from Operation          667,880             392,548 70.14%
Other Income               2,642                 2,511 5.21%
Cost of Sales          505,603             289,193 74.83%
Personnel Expenses            55,253               40,603 36.08%
Other Operating Expenses            59,438               22,512 164.03%
Financial Expenses            16,151               12,183 32.57%
Net Profit            27,970               10,472 167.09%
Annualized EPS (In Rs.) 4.00 1.87 113.67%
Net Worth per Share (In Rs.) 94.69 89.18 6.18%
Qtr End PE Ratio 347.87 - -