Nirdhan Uttam Bank Limited (NUBL) has registered net profit growth of 44.73 percent for fourth quarter (Q4) in the last fiscal year 2073/2074.
According to the published unaudited financial report, the microfinance company lifted its net profit from Rs 40.31 crore in Q4 of the previous fiscal year 73/74 to Rs 58.34 crore in Q4 of the last fiscal year 73/74.
The net interest income of the bank has jumped up by 29 percent to Rs 1.41 arba in Q4 from Rs 1.01 arba in corresponding quarter.
NUBL has paid up capital of Rs 60 crore and reserve of Rs 1.22 arba with terrific growth of 145.66 percent.
The microfinance company has borrowings of Rs 6.83 arba in Q4, up from Rs 5.93 arba in the corresponding quarter. Likewise, its extended loans and advances have risen at Rs 12.32 arba in Q4 whereas in the in previous fiscal year it was Rs 10.10 arba. It has collected deposits of Rs 6.23 arba.
Its non-performing loan (NPL) has slightly gone down to 0.31 percent in Q4 from 0.39 percent in the previous fiscal year, while capital adequacy ratio (CAR) is up by 18.74 percent to 12.80 percent compare to previous fiscal year.
NUBL’s earning per share (EPS) has massively increased from Rs 67.18 in the corresponding quarter to Rs 97.24 in Q4. Likewise, its net worth per share is at Rs 303.95 with growth of 66.07 percent and the P/E ratio at 21.43.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Growth (%) |
| Paid Up Capital |
600,000 |
600,000 |
- |
| Reserve and Surplus |
1,223,712 |
498,134 |
145.66 |
| Deposits |
6,230,408 |
4,272,711 |
45.82 |
| Borrowings |
6,837,941 |
5,935,787 |
15.20 |
| Loans and Advances |
12,328,428 |
10,106,271 |
21.99 |
| Net Interest Income |
1,419,271 |
1,100,190 |
29.00 |
| Provision |
24,160 |
41,616 |
(41.95) |
| Operating Profit |
898,537 |
624,173 |
43.96 |
| Net Profit |
583,410 |
403,108 |
44.73 |
| Capital Adequacy Ratio (%) |
12.80 |
10.78 |
18.74 |
| NPL (%) |
0.31 |
0.39 |
(20.51) |
| Cost of Fund (%) |
9.07 |
5.24 |
73.09 |
| EPS (Annualized) |
97.24 |
67.18 |
44.73 |
| Networth Per Share |
303.95 |
183.02 |
66.07 |
| P/E Ratio |
21.43 |
|
|
Likewise, Kisan Microfinance Bittiya Sanstha Limited (KMFL) has also reported slight increase of 6.68 % in net profit for the fourth quarter of the last fiscal year 2073/74.
Publishing the unaudited financial report for the fourth quarter today, the microfinance company has stated that its net profit rose to Rs 1.43 crore, up from Rs 1.34 crore reported in the corresponding quarter of the previous fiscal year 2072/73.
The microfinance has borrowings of Rs 59.82 crore in the Q4 compared to Rs 34.34 crore in the corresponding quarter last year. Likewise, it extended loans of Rs 61.77 crore, up from Rs 41.63 crore.
Kisan Microfinance’s net interest income has risen from Rs 3.45 crore in the corresponding quarter last year to Rs 5.80 crore in the fourth quarter of fiscal year 2073/74.
It’s paid up capital remains at Rs 3.22 crore and has reserve of Rs 2.08 crore.
KMFL is seeking approval from SEBON to issue 78,000 units shares in the ratio 100:24.22 (24.22%). After issuance of 24.22% right share, its paid up capital will reach to Rs 4 crore.
The microfinance non-performing loan (NPL) has increased from 0.57% in the corresponding quarter to 0.95 % in Q4.
Its annualized Earning per Share (EPS) has increased to Rs 44.60 in Q4 compared to Rs 67.30 in corresponding quarter—diminished by 33.74%. Its networth per share is at Rs 164.71 and P/E ratio at 61.44 times.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Growth (%) |
| Paid Up Capital |
32,200 |
20,000 |
61.00 |
| Reserve and Surplus |
20,838 |
19,760 |
5.46 |
| Deposits |
150,911 |
84,527 |
78.54 |
| Borrowings |
598,280 |
343,497 |
74.17 |
| Loans and Advances |
617,791 |
416,341 |
48.39 |
| Net Interest Income |
58,062 |
34,542 |
68.09 |
| Provision |
3,688 |
4,921 |
(25.06) |
| Write Back |
1,325 |
- |
#DIV/0! |
| Operating Profit |
21,241 |
21,153 |
0.42 |
| Net Profit |
14,360 |
13,461 |
6.68 |
| Capital Adequacy Ratio (%) |
8.18 |
10.66 |
(23.26) |
| NPL (%) |
0.95 |
0.57 |
66.67 |
| Cost of Fund (%) |
8.17 |
4.95 |
65.05 |
| EPS (Annualized) |
44.60 |
67.30 |
(33.74) |
| Networth Per Share |
164.71 |
198.80 |
(17.15) |
| P/E Ratio |
61.44 |
|
Samata Microfinance Bittiya Sanstha Limited (SMATA) has notable growth of net profit by 37.34 in its fourth quarter (Q4) in the last fiscal year 2073/2074.
As per unaudited financial report published by the microfinance company, The company’s net profit has surged from Rs 1.20 crore in Q4 of the previous fiscal year 73/74 to Rs 1.20 crore in Q4 of the last fiscal year 73/74.
The net interest income of the microfinance bank has toppled by 100.80 percent to Rs 3.68 crore from Rs 1.83 crore in Q4 of corresponding previous fiscal year 2072/2073.
SMATA has paid up capital of Rs 3.16 crore. Its reserve and surplus has increased massively by 6,358.86 to Rs 2.95 crore from Rs 4.58 lakhs.
As of Q4 of last fiscal year 73/74, the microfinance company has borrowings of Rs 22.30 crore in Q4 from Rs 15.67 crore in corresponding quarter. Likewise, it has extended loans and advances of Rs 37.92 crore in Q4 whereas in the previous fiscal year it was Rs 23.17 crore.
Its non-performing loan (NPL) has slightly gone down to 0.67 percent in Q4 from 0.68 percent in the previous fiscal year, while capital adequacy ratio is up by 22.45 percent to 15.98 percent compare to previous fiscal year.
SMATA’s earring per share (EPS) has decline from Rs 46.26 to Rs 44.47. Its net worth per shared has rises by 89.65 percent to Rs 193.57and the P/E ratio at 9.24.
Samata Microfinance had issued 94,800 units shares to the general public as part of its IPO on Poush 19. Trading of Samata Microfinance had started in Nepal Stock Exchange Limited (NEPSE) from Jestha 18, 2074. The last traded price of SMATA is at Rs 403.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Growth (%) |
| Paid Up Capital |
31,600 |
22,120 |
42.86 |
| Reserve and Surplus |
29,569 |
458 |
6,358.86 |
| Deposits |
135,715 |
63,884 |
112.44 |
| Borrowings |
223,001 |
156,702 |
42.31 |
| Loans and Advances |
379,284 |
231,778 |
63.64 |
| Net Interest Income |
36,891 |
18,372 |
100.80 |
| Provision |
4,385 |
5,157 |
(14.95) |
| Write Back |
1,134 |
3,378 |
(66.44) |
| Operating Profit |
20,933 |
6,854 |
205.40 |
| Net Profit |
14,054 |
10,232 |
37.34 |
| Capital Adequacy Ratio (%) |
15.98 |
13.05 |
22.45 |
| NPL (%) |
0.67 |
0.68 |
(1.47) |
| Cost of Fund (%) |
6.82 |
4.47 |
52.57 |
| EPS (Annualized) |
44.47 |
46.26 |
(3.86) |
| Networth Per Share |
193.57 |
102.07 |
89.65 |
| P/E Ratio |
9.24 |
|
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