Panchthar Power (PPCL) Reports Decline in Profitability Indicators in Q1; Look at the Major Highlights
Mon, Nov 7, 2022 2:25 PM on Latest, Financial Analysis, Stock Market,
Panchthar Power Company Limited (PPCL) has reported a decline in net profit by 16.56% in the first quarter (Q1) of the current FY 2079/80. The profit declined to Rs. 8.60 crores in this quarter from Rs. 10.31 crores in the corresponding quarter of the previous year.
PPCL has sold electricity worth Rs. 15.73 crores and collected revenue from other sources worth Rs. 5.81 Lakhs, which is a decrease of 51.76% by the end of Q1.
The company’s financial expenses and other operating costs have also impacted the net profit for this quarter. As per the report, the interest expenses increased by 8.22% to stand at Rs, 3.26 Crore whereas the operating cost increased by 136.17% to Rs. 1.01 Crore.
Its reserve fund stands at Rs. 20.29 crore, which has increased by huge margin of 249.55%, with share capital at Rs 96.25 crore.
Its annualized earnings per share (EPS) stands at Rs. 35.77. The net worth per share at Rs. 121.09 and the P/E ratio stood at 8 times.
Major Financial Highlights
| Particulars (Rs in 000) | Panchthar Power Company Ltd | ||
|---|---|---|---|
| Q1 2079/80 | Q1 2078/79 | Difference | |
| Paid Up Capital | 962,500.00 | 962,500.00 | 0.00% |
| Reserves & Surplus | 202,999.62 | 58,075.00 | 249.55% |
| Property, Plant and Equipment | 2,159,912.72 | 2,223,368.00 | -2.85% |
| Loans and Advances | 101,181.17 | 48,268.33 | 109.62% |
| Cash and Cash Equivalents | 24,704.57 | 23,462.70 | 5.29% |
| Sale of Electricity | 157,381.33 | 162,751.00 | -3.30% |
| Other Income | 581.74 | 1,206.00 | -51.76% |
| Financial Expenses | 32,686.33 | 30,203.00 | 8.22% |
| Other Operating Cost | 10,129.41 | 4,289.00 | 136.17% |
| Income Tax | |||
| Net Profit | 86,061.00 | 103,139.00 | -16.56% |
| EPS (In Rs.) | 35.77 | 42.86 | -16.56% |
| Net Worth per Share (In Rs.) | 121.09 | 106.03 | 14.20% |
| Qtr End P/E Ratio | 8.00 | - | 0.00% |
| Qtr End Market Price | 286 | ||
