Unilever Nepal Limited (UNL) Reports 30.46% Increase in Net Profit With Modest Revenue Incline; EPS at Rs 703.73
Fri, May 10, 2024 10:50 AM on Latest, Financial Analysis, Company Analysis,
Unilever Nepal Limited (UNL) has disclosed its financial results for the third quarter of the fiscal year 2080/81, showcasing a significant 30.46% surge in net profit. The company's net profit escalated to Rs. 48.61 Crores, up from Rs. 37.26 Crores in Q3 of FY 2080-81. Additionally, the company's revenue for the same quarter witnessed a modest increase of 1.52%, reaching Rs. 1.99 Arba.
An encouraging aspect of the report is the notable 27.97% increase in other incomes, totaling Rs. 7.32 Crores during the same period. Furthermore, UNL reported investments in fixed deposits amounting to Rs. 1.57 Arba, marking a substantial rise of 149.09% compared to the corresponding quarter of the previous fiscal year.
UNL maintains its resilience with a paid-up capital of Rs. 9.21 Crores and retained earnings reported at Rs. 4.26 Arba in Q3 of FY 2080-81.
The company's financial report is further underscored by an annualized earnings per share (EPS) of Rs. 703.73 and a net worth per share of Rs. 4725. The price-to-earnings (PE) ratio stands at Rs. 47.48.
Major Highlights:
| Particulars (In Rs '000) | Unilever Nepal Limited | ||
|---|---|---|---|
| Q3 2080/81 | Q3 2079/80 | Difference | |
| Paid Up Capital | 92,100.00 | 92,100.00 | 0.00% |
| Retained Earnings | 4,260,000.00 | 3,707,700.00 | 14.90% |
| Property, Plant & Equipment | 1,534,000.00 | 1,418,000.00 | 8.18% |
| Investments in Fixed Deposits | 1,579,200.00 | 634,000.00 | 149.09% |
| Trade Receivables | 1,293,000.00 | 1,669,500.00 | -22.55% |
| Cash and Cash Equivalents | 871,400.00 | 980,100.00 | -11.09% |
| Inventories | 986,000.00 | 1,044,300.00 | -5.58% |
| Revenue from Operation | 1,995,500.00 | 1,965,700.00 | 1.52% |
| Other Income | 73,200.00 | 57,200.00 | 27.97% |
| Total Expenses | 1,453,800.00 | 1,548,400.00 | -6.11% |
| Net Profit | 486,100.00 | 372,600.00 | 30.46% |
| Annualized EPS (In Rs) | 703.73 | 539.41 | 30.46% |
| Net Worth Per Share (In Rs) | 4,725.41 | 4,125.73 | 14.53% |
| Qtr End P/E Ratio | 57.48 | ||
| Qtr End Price | 40,450.00 | ||
