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Sarbottam Cement’s Profit Rises 7.70%

Sarbottam Cement’s profit rises 7.70% to Rs. 1.10 arba as revenue grows, despite a sharp increase in expenses.

Nepalytix
5 min read
Sarbottam Cement’s Profit Rises 7.70%

Sarbottam Cement Limited reported a net profit of Rs. 1.10 arba in the fourth quarter of fiscal year 2082/83, up 7.70% from Rs. 1.02 arba in the corresponding period last year.

The company’s revenue from operations increased 7.56% to Rs. 10.26 arba from Rs. 9.54 arba a year earlier. Other income also increased 28.59% to Rs. 17.70 crore.

Despite the increase in revenue and profit, total expenses rose sharply by 34.44% to Rs. 1.16 arba.

Sarbottam Cement’s paid-up capital increased 5% to Rs. 5.22 arba from Rs. 4.98 arba. Other equity rose 2.36% to Rs. 4.88 arba, while the company reported Rs. 33.69 crore in revaluation reserves.

The company’s total equity stood at Rs. 10.43 arba at the end of the quarter. Property, plant and equipment increased 8.48% to Rs. 9.17 arba, while investments stood at Rs. 1.32 arba.

Trade receivables declined significantly by 18.96% to Rs. 2.54 arba.

Sarbottam Cement’s EPS increased to Rs. 21.20 from Rs. 20.67, while net worth per share declined slightly to Rs. 199.82 from Rs. 202.55.

At the end of the quarter, the company’s shares were trading at Rs. 772, with a P/E ratio of 36.42 times.

Key Financial Indicators

Indicator

FY 2082/83

FY 2081/82

Change

Revenue from Operations

Rs. 10.26 arba

Rs. 9.54 arba

+7.56%

Other Income

Rs. 17.70 crore

Rs. 13.76 crore

+28.59%

Total Expenses

Rs. 1.16 arba

Rs. 86.02 crore

+34.44%

Net Profit

Rs. 1.11 arba

Rs. 1.03 arba

+7.70%

EPS

Rs. 21.20

Rs. 20.67

+2.57%

Net Worth/Share

Rs. 199.82

Rs. 202.55

-1.35%

Paid-up Capital

Rs. 5.22 arba

Rs. 4.98 arba

+5.00%

Other Equity

Rs. 4.88 arba

Rs. 4.77 arba

+2.36%

Trade Receivables

Rs. 2.54 arba

Rs. 3.13 arba

-18.96%

Market Price

Rs. 772

P/E Ratio

36.42x

Nepalytix

Financial News Reporter