Union Hydropower Limited (UNHPL) Posts Steady Growth with Improved Profitability in Q4

Union Hydropower Limited (UNHPL) has released its audited Q4 results for FY 2024/25, showing solid revenue growth, consistently high margins, and a sharp improvement in net income compared to last year.

The company reported total revenue of Rs. 75.10 million, a 53.20% year-over-year increase compared to Rs. 67.72 million in Q4 2023/24. Sequentially, revenue remained stable, showing steady power generation output.

Gross profit reached Rs. 73.48 million, delivering an exceptionally high margin of 97.85%, in line with earlier quarters and typical for hydropower companies with low variable costs. Net income rose significantly to Rs. 26.22 million, more than doubling from Rs. 10.71 million last year, pushing the net margin to 34.92%.

For shareholders, EPS (annualized) stood at Rs. 3.50, higher than Rs. 1.43 last year, though slightly lower than earlier quarters due to share base adjustments. The PE ratio was 119.50, reflecting stretched valuation levels. Book Value per Share increased to Rs. 100.89, from Rs. 97.01 last year. The company’s market value per share jumped to Rs. 417.81, compared to Rs. 250.50 last year, highlighting strong investor demand.

Financial Indicators

• ROA (TTM) rose to 3.48%, from 1.41% last year, showing efficient use of assets.

• ROE (TTM) also improved to 3.52%, compared to 1.47% in Q4 2023/24, indicating stronger shareholder returns.

• Profitability ratios have strengthened consistently over the fiscal year, backed by stable operating margins.