Super Madi Hydropower Reports Strong Q1 Growth with 50.84% Profit Surge and Reduced Finance Costs; EPS Rose to Rs. 30.72
Fri, Nov 8, 2024 8:53 AM on Financial Analysis, Company Analysis, Latest,
Super Madi Hydropower Limited (SMHL) has reported impressive financial growth for the first quarter of 2081/82.
The company’s reserves and surplus surged by 86.91%, reaching Rs. 30.05 crore, signaling a strengthened financial foundation. Investments in property, plant, and equipment rose by 11.33%, bringing the total to Rs. 8.56 Arba, underscoring the company's focus on long-term asset development.
Notably, finance expenses dropped by 29.32% to Rs. 16.35 crore, contributing to a substantial increase in net profit, which rose by 50.84% to Rs. 16.13 crore. As a result, earnings per share (EPS) also improved by 50.84%, now standing at Rs. 30.72.
The net worth per share grew by 6.18%, reaching Rs. 114.31, reflecting the company's solid financial position. With a quarter-end market price of Rs. 600 and a price-to-earnings (PE) ratio of 19.53 times.
Major Highlights:
| Particulars (In Rs '000) | Super Madi Hydropower | ||
|---|---|---|---|
| Q1 2081/82 | Q1 2080/81 | Difference | |
| Paid Up Capital | 2,100,000.00 | 2,100,000.00 | 0.00% |
| Reserve and Surplus | 300,526.49 | 160,790.80 | 86.91% |
| Property, Plant & Equipment | 8,562,349.00 | 7,690,709.26 | 11.33% |
| Total Non-Current Liabilities | 6,470,464.00 | 6,281,365.28 | 3.01% |
| Revenue from Power Sales | 421,584.29 | 432,715.20 | -2.57% |
| Administrative Expenses | 2,828.28 | 2,578.40 | 9.69% |
| Finance Expenses | 163,541.54 | 231,385.76 | -29.32% |
| Net Profit | 161,301.91 | 106,937.43 | 50.84% |
| EPS (In Rs.) | 30.72 | 20.37 | 50.84% |
| Net Worth per Share (In Rs.) | 114.31 | 107.66 | 6.18% |
| Qtr end PE Ratio (times) | 19.53 | - | - |
| Qtr End Market Price | 600 | - | - |
