Tag: Crore

  • Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81

    Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81


    In the recently released financial report for the first quarter of fiscal year 2080/81, Himalayan Distillery Limited (HDL) revealed a substantial 51.24% decline in net profit, dropping to Rs 10.51 crore from Rs 21.5 crore in the corresponding quarter of FY 2079/80. The company faced a notable downturn in revenue, experiencing a 29.70% decrease to Rs 97.18 crore in Q1 2080/81, compared to Rs 1.38 arba in the same quarter of FY 2079/80. Despite this challenging financial scenario, HDL saw a positive surge in other operating income, marking a 73.25% increase to Rs 59.11 lakhs from Rs 34.12 lakhs in the previous year.

    As outlined in the financial report, Himalayan Distillery’s share capital currently stands at Rs 2.42 Arba, with other equity amounting to Rs 1.03 Arba. Key financial metrics include an annualized Earnings Per Share (EPS) of Rs 17.32, reflecting the company’s performance on a per-share basis. However, the quarter-end Price-to-Earnings (P/E) ratio stands at 107.22 times. The net worth per share is reported at Rs 142.41.

    The report also provides a detailed breakdown of major financial highlights, showcasing changes in paid-up capital, other equity, property, plant and equipment, investment, trade receivables, revenue from operation, other income, administration expenses, selling and distribution expenses, and net profit. The annualized EPS is noteworthy, indicating the company’s earnings per share on an annual basis. The net worth per share has decreased to Rs 142.41, reflecting a 29.37% decline. The quarter-end P/E ratio is reported at 107.22.

    In terms of liquidity, the report highlights a liquidity ratio of 8.46. This comprehensive financial overview provides a detailed analysis of Himalayan Distillery Limited’s performance and financial health for the first quarter of the fiscal year 2080/81.

  • NEPSE Index Declines as Market Records Mixed Performances among Stocks and Sectors

    NEPSE Index Declines as Market Records Mixed Performances among Stocks and Sectors


    The Nepal Stock Exchange (NEPSE) Index concluded the day at 1,864.40 points, recording a decline of 14.29 points, or 0.76%, compared to the previous day’s closing. The index had made a slight gain of 3.04 points during the last trading session.

    The trading day began with the index opening at 1,878.29, reaching an intraday low of 1,860.47, and touching an intraday high of 1,878.98.

    Throughout today’s trading activities, a total of 286 different stocks were traded in 25,625 transactions. The volume of shares traded amounted to 2,258,187 units, with a cumulative turnover of Rs. 57.14 Crore. The market capitalization stood at Rs. 28.71 Kharba, and the float market capitalization was at Rs. 10.07 Kharba.

    SuryaJyoti Life Insurance Company Limited (SJLIC) had the highest turnover for the day, with a trading value of Rs. 1.70 crores, and it closed at a market price of Rs. 480.

    Similarly, Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) exhibited the most significant gain, with a rise of 6.05% in its value during today’s trading.

    On the other hand, Sonapur Minerals And Oil Limited (SONA) experienced the most substantial loss, declining by 9.98% today. The stock entered a negative circuit for three consecutive days, resulting in this decline in its trading value.

    In terms of sector indices, all sectors closed in the red. The “Life Insurance” sector saw the most significant loss, with a decrease of 1.46%, while the “Others Index” recorded the smallest loss of 0.26% for the day.

  • 1.12 Crore Promoter Shares of Machhapuchchhre Bank Up for Auction Today

    1.12 Crore Promoter Shares of Machhapuchchhre Bank Up for Auction Today


     

    The current promoters of Machhapuchchhre Bank Limited (MBL) are conducting an auction for 1,12,32,492 units of their shares, exclusively available to other promoter shareholders. The bidding window will remain open for 35 days from the notice publication date, which is the 25th of Ashwin, 2080. Interested shareholders can place their bids at Machhapuchchhre Capital Limited, situated in Baghdurbar, JDA Complex, Kathmandu.

    MBL’s closing price on the previous day was Rs. 205.00.

     

  • What do you think of new revised share loan cap rate (Individual – 15 crore & organization – 20 crore) by NRB

    What do you think of new revised share loan cap rate (Individual – 15 crore & organization – 20 crore) by NRB


    After all the long drama, NRB revised share loan margin to Individual – 15 crore & organization – 20 crore. Lets hear your opinion on this. And how this might affect share market in coming days

    View on r/NepalStock by Sandbox_01

  • Shivam Cement ko Q1 ko Mysterious 30 Crore Other Income Saved their face !!

    Shivam Cement ko Q1 ko Mysterious 30 Crore Other Income Saved their face !!


    Shivam Cement ko Q1 maa aako 30 Crore ko Other Income le yo year bachaayo.
    Q1 maa aako 30 Crore ko other income Hongshi ko dividend vanne dherai le socheko hunaparxa; tara yo actual maa Shivam Holdings le deko 9% Bonus Shares lai Other Income maa lyayera rakheko ho. Bonus Shares lai Other Income maa rakhna napaaunuparne ho; IFRS/US GAAP kei maa didaina testo garna lai.

    Financial itself is suspicious; moreover operating loss huna thalyo vanera ta news nai aauna thalisakyo.

    ​

    What are your thoughts on it guys ? I’m asking abt their financials and not abt stock prices.

    View on r/NepalStock by Mindless-Papaya-1922

  • “Closing Today: Public Issue of 8.5 Crore Units ‘Himalayan 80-20’ Mutual Fund Scheme”

    “Closing Today: Public Issue of 8.5 Crore Units ‘Himalayan 80-20’ Mutual Fund Scheme”


     

    Himalayan Capital Limited is concluding the public offering of its mutual fund scheme called “Himalayan 80-20” today, which is Bhadra 15, 2080. Initially, the offering started on the 32nd day of Shrawan and was supposed to end on the 4th day of Bhadra, 2080. However, due to a lack of sufficient applications, the closing date was extended to today.

    Out of a total of 10 crore unit shares, 15% or 1.50 crore units worth Rs. 15 crores were allocated to the fund sponsor, Himalayan Bank Limited. The remaining 8.50 crore units were made available to the general public starting from the 32nd day of Shrawan.

    According to CDSC (Central Depository and Clearing Company), as of 10 a.m. this morning, there have been a total of 44,762 applicants who have applied for 80,813,100 units worth Rs. 80.81 Crore.

  • “Listing of 21.67 Crore Laxmi Sunrise Bank Shares on NEPSE Post Merger”

    “Listing of 21.67 Crore Laxmi Sunrise Bank Shares on NEPSE Post Merger”


     

    Following the successful merger of Laxmi Bank Limited and Sunrise Bank Limited, a total of 21,670,237,900 shares of the newly formed entity, Laxmi Sunrise Bank Limited (LSL), have been officially listed on the Nepal Stock Exchange (NEPSE). The merger, which brought together two prominent financial institutions in Nepal, Laxmi Bank Limited (LBL) and Sunrise Bank Limited (SRBL), was completed at a share swap ratio of 1:1, after receiving the necessary approval from Nepal Rastra Bank (NRB), the central bank of Nepal.

    Before the merger, Laxmi Bank Limited (LBL) had a paid-up capital of Rs. 11.55 Arba, while Sunrise Bank Limited (SRBL) had a paid-up capital of Rs. 10.11 Arba. The consolidation of these two banks resulted in a combined paid-up capital of Rs. 21.67 Arba for the newly formed Laxmi Sunrise Bank Limited. This strategic merger marks a significant step in the Nepalese banking sector, combining the strengths and resources of two major players to create a more robust and competitive entity that aims to better serve the financial needs of the country.

     

  • “SEBON Approves Vision Lumbini Urja’s Rs 38.25 Crore IPO Proposal”

    “SEBON Approves Vision Lumbini Urja’s Rs 38.25 Crore IPO Proposal”


    The Securities Exchange Board of Nepal (SEBON) has given its approval for the Initial Public Offering (IPO) of Vision Lumbini Urja Company Limited. This IPO is scheduled for Bhadra 05, 2080. In this offering, the company plans to release 3,825,000 equity shares, each with a nominal value of NPR 100. The total value of the IPO is set at Rs. 38.25 Crore, which represents 20% of the company’s existing issued capital. Following the allotment of shares through the IPO, the company’s total paid-up capital will increase to Rs. 1.91 Arba from the current Rs. 1.53 Arba. Muktinath Capital Limited has been appointed as the manager overseeing the IPO process, and the application for this IPO was originally submitted on Falgun 28, 2079.

     

  • “Final Day for Manakamana Engineering Hydropower IPO Applications; 1.308 Crore Units Received”

    “Final Day for Manakamana Engineering Hydropower IPO Applications; 1.308 Crore Units Received”


    Manakamana Engineering Hydropower Limited is concluding the offering of its 2,276,620 unit IPO shares with a face value of Rs 100 each, starting today on the 31st of Shrawan, 2080. This date marks the early closing deadline for the IPO.

    Should the issue not have garnered full subscriptions by the 31st of Shrawan, the closing date could have been extended until the 10th of Bhadra, 2080.

    According to information from CDS and Clearing Limited, as of Wednesday morning, the total number of applications received for the issue has reached 1,168,454, accounting for 13,089,350 unit shares. In monetary terms, this translates to Rs. 1.3089 Arba.

     

  • Successful Merger of United Insurance Company (Nepal) Limited and Ajod Insurance Limited: Listing of United Ajod Insurance Limited on NEPSE

    Successful Merger of United Insurance Company (Nepal) Limited and Ajod Insurance Limited: Listing of United Ajod Insurance Limited on NEPSE


    United Ajod Insurance Limited, following the successful merger between United Insurance Company (Nepal) Limited and Ajod Insurance Limited, has listed a total of 1,90,45,680 shares on the Nepal Stock Exchange (NEPSE).

    The merger agreement was signed by UIC and AIL on Poush 27, 2079. The companies agreed on a swap ratio of 82.50:100, meaning that AIL shareholders’ number of shares would decrease by 17.5% in the newly merged company. Prior to the merger, AIL and UIC had respective share capitals of Rs. 1 Arba and Rs. 1.07 Arba. However, post-merger, the combined share capital of United Ajod Insurance Limited reached Rs. 1.90 Arba.

    Following the successful merger, UIC and AIL initiated joint transactions under the name “United Ajod Insurance Limited” on Jestha 14, 2080. The opening price range for the initial transactions was set at Rs. 489.49 per share. This marked the commencement of operations for the merged entity, which now operated as a unified entity under the name United Ajod Insurance Limited.

    In summary, the merger between United Insurance Company (Nepal) Limited and Ajod Insurance Limited has led to the listing of 1,90,45,680 shares of United Ajod Insurance Limited on NEPSE. The merger was executed based on a swap ratio of 82.50:100, resulting in a combined share capital of Rs. 1.90 Arba. The joint transactions under the name United Ajod Insurance Limited commenced with an initial open price range of Rs. 489.49 per share.

  • “Singati Hydro Energy Taps Kumari Capital as Issue Manager for 100% Right Share Offering; 1.45 Crore Unit Shares to be Floated”

    “Singati Hydro Energy Taps Kumari Capital as Issue Manager for 100% Right Share Offering; 1.45 Crore Unit Shares to be Floated”


     

    Singati Hydro Energy has chosen Kumari Capital as the issue manager to handle the issuance of right shares to its existing shareholders. According to the company’s announcement, they plan to float their shares in a 1:1 ratio, totaling 1.45 crore unit shares. The memorandum of understanding (MoU) was signed between Singati Hydro Energy’s Managing Director, Mr. Sudeep Khadka, and Kumari Capital’s Acting CEO, Mr. Puspa Sharma. The funds raised through the right issue will be utilized for the development of the 21.5 MW Sabhakhola B and 6.3 MW Sabhakhola C projects, as well as the 7.5 MW Hewa A San hydropower project, as stated in the media statement.

  • SEBON Approves Himalayan Capital’s “Himalaya 80-20” Mutual Fund Scheme with 10 Crore Units

    SEBON Approves Himalayan Capital’s “Himalaya 80-20” Mutual Fund Scheme with 10 Crore Units


     

    The Securities Board of Nepal (SEBON) has given its approval for the “Himalayan 80-20” mutual fund scheme, which is valued at Rs 1 Arba. This closed-end scheme will offer 10 crore unit shares with a par value of Rs 10 per share. The scheme is sponsored by Himalayan Bank Limited (HBL) and managed by Himalayan Capital Limited. It is noteworthy that this is the first mutual fund scheme to be operated by Himalayan Capital.