Shivashree Hydropower Reported Its Q4 Report With A Net Loss Of Rs. 36.36 Crores
Mon, Aug 29, 2022 12:10 PM on Latest, Financial Analysis, Stock Market,
Shivashree Hydropower Ltd (SSHL) has published its fourth-quarter unaudited report with a net loss of Rs.36.36 crores for the fiscal year 2078/79. The hydropower sold electricity worth Rs. 24.8 crores and attained other incomes amounting to Rs. 1 Crore for the fourth quarter.
Despite having revenue from sales of electricity, the company is still procuring losses because of its huge finance cost which mainly is due to the interest payable by the company for paying off its loan.
The reserve and surplus stand at Rs. -34.5 crores with share capital at Rs 1.47 Arba. At this capital, the earning per share of the company is -24.63. The net worth per share at Rs 76.61 and the P/E ratio stood at -9.01 times.
Major Financial Highlights
| Particulars (Rs in 000) | Shivashree Hydropower Limited | ||
|---|---|---|---|
| Q4 2078/79 | Q4 2077/78 | Difference | |
| Paid Up Capital | 1,476,400.00 | 1,440,400.00 | 2.50% |
| Reserves and Surplus | (345,268.86) | 18,410.89 | |
| Property, Plant and Equipment | 5,147,088.83 | 152,643.17 | 3271.97% |
| Cash and Cash Equivalents | 134,591.12 | 11,781.35 | 1042.41% |
| Sale of Electricity | 248,692.84 | 40,827.92 | 509.12% |
| Other Income | 10,000.00 | ||
| Finance Cost | 359,909.11 | 16,589.13 | 2069.55% |
| Administrative & Other Expenses | 86,016.23 | 4,498.92 | 1811.93% |
| Royalty | 6,727.45 | 1,186.56 | 466.97% |
| Operating Profit | 165,949.15 | 35,142.44 | 372.22% |
| Net Profit | (363,679.75) | 18,410.89 | |
| EPS (In Rs.) | (24.63) | ||
| Net Worth per Share (In Rs.) | 76.61 | ||
| Qtr End P/E Ratio | (9.01) | ||
| Qtr End Market Value | 222.00 | ||
