Womi Microfinance Bittiya Sanstha Limited (WOMI) has posted a net profit growth of 18.17 % in the fourth quarter of the last fiscal year 2073/74. As per its unaudited report published today, its net profit has increased to Rs 2.10 crore in fourth quarter from Rs 1.77 crore in the corresponding quarter.
Womi’s net interest income has risen to Rs 6.03 crore in Q4 as compared to Rs. 5.14 crore in the corresponding quarter of the last fiscal year. Likewise, its operating profit has also increased by 23.70% to Rs 3.12 crore.
Its paid up capital now stands at Rs 6.48 crore and reserve at Rs 3.94 crore.
As of the end of Q4, Womi Microfinance has borrowings of Rs.32.19 crore in Q4, up from Rs 22.83 crore in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 65.86 crore in Q4 whereas in the same period last year, the figure stood at Rs. 38.43 crore. It has deposits of Rs 25.75 crore.
The microfinance’s non-performing loan (NPL) has slightly decreased from 1.81% in the corresponding quarter to 1.13% in Q4.
Womi Microfinance’s earning per share (EPS) has slightly declined to Rs 32.41 in fourth quarter from Rs 37.97 in corresponding quarter. Meanwhile, its net worth per share has increased to Rs 160.91 from Rs 130.93---rises by 22.90. Its P/E ratio is at 61.06 times.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Difference(%) |
| Paid Up Capital |
64,800.00 |
46,800.00 |
38.46 |
| Reserve and Surplus |
39,472.00 |
14,477.00 |
172.65 |
| Borrowings |
321,932.00 |
228,355.00 |
40.98 |
| Loans and Advances |
658,675.00 |
384,379.00 |
71.36 |
| Net Interest Income |
60,316.00 |
51,422.00 |
17.30 |
| Provision |
6,516.00 |
8,422.00 |
(22.63) |
| Write Back |
1,720.00 |
2,650.00 |
(35.09) |
| Operating Profit |
31,280.00 |
25,286.00 |
23.70 |
| Net Profit |
21,000.00 |
17,771.00 |
18.17 |
| Capital Adequacy Ratio |
16.55 |
16.07 |
2.99 |
| NPL |
1.13 |
1.81 |
(37.57) |
| Cost of Fund |
10.06 |
5.29 |
90.17 |
| EPS (Annualized) |
32.41 |
37.97 |
(14.65) |
| PE Ratio |
61.06 |
|
|
| Networth Per Share |
160.91 |
130.93 |
22.90 |
