National Microfinance Bittiya Sanstha has posted a net profit rise of 76.50 percent in the fourth quarter (Q4) of the fiscal year 2073/74.
As per the unaudited quarterly report for the fourth quarter published today, National Microfinance has registered a net profit of Rs. 7.21 crores in the Q4 of fiscal year 2073/74, up from Rs.4.08 crores in the corresponding quarter of fiscal year 2072/73.
National Microfinance has a paid up capital of 10 crores with reserve of Rs 12.02 crores in Q4 of the fiscal year 2073/74.
The microfinance’s net interest income surged to Rs 14.01 crores in the fourth quarter compared to Rs 8.48 crores of the corresponding quarter of the previous fiscal year.
National Microfinance has borrowings of Rs. 1.35 arba and loans of Rs1.62 arba in the fourth quarter of 2073/74 while its borrowings and loan was Rs 73.45 crores and Rs 1.45 arba respectively in the corresponding quarter of fiscal year 2072/73.
The microfinance has an operating profit of Rs 11.33 crores in Q4 compared to Rs 6.42 crores in the corresponding quarter of the previous fiscal year.
Likewise, the non-performing loan has declined from 0.69% in the corresponding quarter of the previous fiscal year to 0.47 % this fourth quarter this fiscal year.
National Microfinance’s annualized EPS stands at Rs. 72.11 in Q4. Likewise, its net worth per share stands at Rs.220.25 and P/E ratio is 23.77 times.
Major Highlights
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Difference(%) |
| Paid Up Capital |
100,000.00 |
70,000.00 |
42.86 |
| Reserve and Surplus |
120,245.00 |
50,504.00 |
138.09 |
| Borrowings |
1,358,024.00 |
734,582.00 |
84.87 |
| Loans and Advances |
1,624,651.00 |
1,459,538.00 |
11.31 |
| Net Interest Income |
140,121.00 |
84,845.00 |
65.15 |
| Provision |
6,967.00 |
7,636.00 |
(8.76) |
| Write Back |
- |
- |
- |
| Operating Profit |
113,318.00 |
64,200.00 |
76.51 |
| Net Profit |
72,111.00 |
40,855.00 |
76.50 |
| Capital Adequacy Ratio |
13.68 |
16.85 |
(18.81) |
| NPL |
0.47 |
0.69 |
(31.88) |
| Cost of Fund |
7.05 |
5.27 |
33.78 |
| EPS (Annualized) |
72.11 |
58.36 |
23.55 |
| PE Ratio |
23.77 |
|
- |
| Networth Per Share |
220.25 |
172.15 |
27.94 |
