NMB Microfinance Bittiya Sanstha Limited (NMBMF) has reported 51.99% growth 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 4.53 crore, up from Rs 2.98 crore reported in the corresponding quarter of the previous fiscal year 2072/73.
The microfinance has borrowings of Rs 1.48 arba in the Q4 compared to Rs 86.05 crore in the corresponding quarter last year. Likewise, it extended loans of Rs 1.798 arba, up from Rs 92.77 crore.
NMB Microfinance’s net interest income has risen from Rs 8.30 crore in the corresponding quarter last year to Rs 13.76 crore in the fourth quarter of fiscal year 2073/74.
It’s paid up capital remains at Rs 11.27 crore and has reserve of Rs 10.58 crore.
The microfinance non-performing loan (NPL) has slightly declined from 1.15% in the corresponding quarter to 0.98 % in Q4.
Its annualized Earning per Share (EPS) has increased to Rs 40.28 in Q4 compared to Rs 34.87 in corresponding quarter—rises by 15.51%. Its networth per share is at Rs 193.95 and P/E ratio at 70.66 times.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Difference(%) |
| Paid Up Capital |
112,700 |
85,652 |
31.58 |
| Reserve and Surplus |
1,05,877 |
21,550 |
391.31 |
| Borrowings |
14,85,583 |
860,508 |
72.64 |
| Loans and Advances |
- |
- |
#DIV/0! |
| Net Interest Income |
1,37,636 |
83,072 |
65.68 |
| Provision |
15,380 |
9,542 |
61.18 |
| Write Back |
- |
|
|
| Operating Profit |
71,096 |
46,866 |
51.70 |
| Net Profit |
45,391 |
29,864 |
51.99 |
| Capital Adequacy Ratio |
12.19 |
11.42 |
6.74 |
| NPL |
0.98 |
1.15 |
(14.78) |
| Base Rate |
- |
- |
|
| Cost of Fund |
9.30 |
5.28 |
76.14 |
| CD Ratio (as per NRB) |
- |
- |
#DIV/0! |
| EPS (Annualized) |
40.28 |
34.87 |
15.51 |
| Networth Per Share |
193.95 |
125.16 |
54.96 |
| P/E Ratio |
70.66 |
- |
|
