Civil Laghubitta Bittiya Sanstha'S Q4 Profit Shows Slight Decline; EPS and PE at Rs. 8.25 and 92.98 times
Thu, Aug 13, 2020 12:07 PM on Latest, Company Analysis,
Civil Laghubitta Bittiya Sanstha (CLBSL) has reported a slight decrease in its net profit by 8.49% in Q4 of FY 2076/2077 compared to the corresponding quarter of the previous fiscal year.
CLBSL has published an unaudited financial report for the fourth quarter today. It has stated that net profit has decreased to Rs. 1.46 crores in the fourth quarter of FY 2076/2077 from Rs. 1.6 crores reported in the corresponding quarter of the previous year.
Civil Laghubitta’s Net Interest Income increased by 49.14% in Q4, 2076/2077, and stood at Rs. 9.63 crores. However, due to the higher provision created by the company for the possible losses, the profit shrunk slightly which caused the operating profit to decrease by 14.23% compared to the corresponding quarter of the previous year.
The company has a borrowing of Rs. 83.31 crores. Likewise, it has floated loans of Rs. 1.3 Arba which is an increase of 27.55% compared to the corresponding quarter of the previous year. The company has collected a deposit of Rs. 40.23 crores till the fourth quarter of the FY 2076/77.
Its paid-up capital stands at Rs. 17.8 crores with a reserve and surplus of Rs. 3.52 crores. The reserve and surplus of the company increased by 68.01% in this quarter.
The earnings per share (EPS) stands at Rs. 8.25 and net worth per share stands at Rs. 119.8. The Qtr. end P/E ratio stood at 92.98 times.
Major Highlights:
|
Particulars (In Rs '000) |
Civil Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q4 2076/77 |
Q4 2075/76 |
Difference |
|
|
Paid Up Capital |
178,041.00 |
119,820.00 |
48.59% |
|
Reserve & Surplus |
35,247.00 |
20,979.00 |
68.01% |
|
Deposits |
402,367.00 |
271,126.00 |
48.41% |
|
Borrowings |
833,155.00 |
614,830.00 |
35.51% |
|
Loans & Advances |
1,302,977.00 |
1,021,558.00 |
27.55% |
|
Net Interest Income |
96,391.00 |
64,631.00 |
49.14% |
|
Staff Expenses |
64,781.00 |
39,808.00 |
62.73% |
|
Provision for possible losses |
12,443.00 |
9,319.00 |
|
|
Operating Profit |
22,010.00 |
25,662.00 |
-14.23% |
|
Net Profit |
14,686.00 |
16,048.00 |
-8.49% |
|
Capital Adequacy (%) |
15.22 |
13.38 |
13.75% |
|
NPL (%) |
2.56 |
1.34 |
|
|
Cost of Fund (%) |
7.83 |
10.93 |
-28.36% |
|
EPS (In Rs.) |
8.25 |
13.39 |
FALSE |
|
Net Worth per Share (In Rs.) |
119.80 |
117.51 |
1.95% |
|
PE Ratio (times) |
92.98 |
- |
- |
|
Qtr End Price |
767.00 |
- |
- |
|
PB Ratio (times) |
6.4 |
- |
- |
