Chhimek Laghubitta Bikas Bank Limited (CBBL) has posted decrease in net profit by 36.30 percent in the first quarter (Q1) of the fiscal year 2074/75.
As per the unaudited quarterly report for the first quarter published today, it has net profit of Rs 8.06 crore in the Q1 of fiscal year 2074/75, down from Rs. 12.66 crore in the corresponding quarter of fiscal year 2073/74.
It has a paid up capital of 83.40 crores. The microfinance company’s reserve rises by 12.18 % to Rs 97.11 crores in Q1 of the fiscal year 2074/75. It had announced 19.89% bonus shares and 25.11 % cash dividend from the net profit of FY 2073/74. After bonus, its paid up capital will reach to Rs 99.85 crore.
It has borrowings of Rs. 3.96 arba and loans of Rs 12.99 arba in the first quarter of 2074/75 while its borrowings and loan was Rs 3.98 arba and Rs 10.56 arba respectively in the corresponding quarter of fiscal year 2073/74.
Likewise, the non-performing loan has inclined from 0.08 % in the corresponding quarter of the previous fiscal year to 0.09 % this first quarter this fiscal year.
Its annualized EPS stands at Rs. 38.69 in Q1. Likewise, its net worth per share stands at Rs. 216.43 and P/E ratio is 37.22 times.
Major Highlights:
| Particulars (In Rs '000) |
CBBL |
| Q1 2074/75 |
Q1 2073/74 |
Difference |
| Paid Up Capital |
834,071 |
595,748 |
40.00% |
| Reserve & Surplus |
971,110 |
865,704 |
12.18% |
| Deposits |
9,530,184 |
7,378,244 |
29.17% |
| Borrowings |
3,962,723 |
3,987,634 |
-0.62% |
| Loans & Advances |
12,999,467 |
10,561,002 |
23.09% |
| Net Interest Income |
285,948 |
299,400 |
-4.49% |
| Provision for possible losses |
10,614 |
11,612 |
-8.59% |
| Operating Profit |
126,453 |
196,034 |
-35.49% |
| Net Profit |
80,672 |
126,653 |
-36.30% |
| NPL (%) |
4.29 |
0.96 |
346.88% |
| Annualized EPS (In Rs.) |
38.69 |
85.04 |
-54.50% |
| Net Worth per Share (In Rs.) |
216.43 |
245.31 |
-11.77% |
| P/E Ratio (In times) |
37.22 |
- |
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