Butwal Power Company Reports 50 Percent Drop In Profit [Q4 Report]

August 12, 2022 | Investopaper

Butwal Power Company Limited (BPCL) has posted a net profit of Rs 26.05 crores in the fiscal year 2078/79. The profit has plunged by almost 50 percent as compared to the previous fiscal year. Last year, such profit stood at Rs 52.55 crores during the same period.

The decline is profit is mainly due to the decrease in dividend income from Himal Power Limited. As per the PPA Agreement between Himal Power Limited (HPL) and Nepal Electricity Authority (NEA), 50 percent of the shares of HPL will be divested to NEA free of cost from fiscal year 2077/78 including a revision of PPA rate.

As of Ashad’s end 2079 BS, Butwal Power Company has a paid-up capital of Rs 3.24 Arba with Rs 3.74 Arba in reserve and surplus.


You May Also Like: Dividend History Of Butwal Power Company (BPCL)


The table below presents the performance of Butwal Power Company as per the unaudited quarterly report.

Butwal Power Company Limited (BPCL): Report Summary, FY 2078/79

Financial Indicators F.Y. 2078/79 F.Y. 2077/78 Percent Change
Paid-Up Capital  (Rs. ‘Arba’) 3.24 2.95 10
Reserve and Surplus (Rs. ‘Arba’) 3.74 4.05 -7.65
Income From Electricity Sales  (Rs. ‘Crores’) 77.5 64.61 19.95
Gross Profit  (Rs. ‘Crores’) 34.6 20.98 64.92
Net Profit  (Rs. ‘Crores’) 26.05 52.55 -50.43
Earnings Per Share, EPS (Rs.) 8.13
Net-worth Per Share (RS.) 215.5
Current Ratio 6.57
Return On Assets (%) 3.42
Market Price Per Share (Rs.) [Ashad end, 2079 BS] 322
P/E Ratio 39.61

Source: Unaudited Q4 Report, FY 2078/79


Note:

The above figures are based on the unaudited quarterly report published by the respective company. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.

The share price, as well as the P/E ratio, is based on the data of Ashad’s end, 2079 BS. At current, the numbers may vary. 

If you want to see the reports of other companies, Click Here.

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