Ganapati Laghubitta profit decline by 21.43% to Rs 2.39 crore in Q4; EPS stands at Rs 21.63
Wed, Aug 12, 2020 10:31 AM on Company Analysis, Latest,
Ganapati Laghubitta Bittiya Sanstha Limited has posted a net profit of Rs. 2.39 crores in the 4th quarter of the fiscal year 2076/77.
The profit of the company in Q4 2076/77 has decreased by 21.43% compared to Rs 3.04 crores in Q4 2075/76.
The borrowings of the company have increased by 46.77% to Rs 86.59 crores from Rs 58.99 crores in Q4 2076/77. The microfinance company collected deposits of Rs 30.39 crores and has floated loans of Rs 1.27 Arba in the Q4 2076/77. Loan & advances of the company have increased by 45.41% compared to the corresponding quarter of last fiscal year.
The net interest income of the company has grown by 54.58%, from Rs 6.09 crores to Rs 9.41 crores in Q4 2076/77. Operating profit has decreased by 18.69% to Rs. 3.03 crores.
The Paid-Up capital and reserve of Ganapati Laghubitta Bittiya Sanstha Limited stand at Rs 11.07 crores and Rs 3.25 crores respectively. The net worth per share stood at Rs 129.37 in Q4 2076/77.
Major Highlights
| Particulars (In Rs '000) | Ganapati Laghubitta Bittiya Sanstha Limited | ||
|---|---|---|---|
| Q4 2076/77 | Q4 2075/76 | Difference | |
| Paid Up Capital | 110,745.00 | 103,500.00 | 7.00% |
| Reserve & Surplus | 32,526.12 | 17,146.67 | 89.69% |
| Deposits | 303,932.83 | 237,234.61 | 28.11% |
| Borrowings | 865,901.77 | 589,962.89 | 46.77% |
| Loans & Advances | 1,276,031.86 | 877,543.48 | 45.41% |
| Net Interest Income | 94,146.52 | 60,905.89 | 54.58% |
| Staff Expenses | 48,388.06 | 31,837.47 | 51.98% |
| Provision for possible losses | 25,898.40 | 5,352.55 | - |
| Operating Profit | 30,390.88 | 37,377.50 | -18.69% |
| Net Profit | 23,950.58 | 30,484.40 | -21.43% |
| Capital Adequacy (%) | 11.94 | 14.11 | -15.38% |
| NPL (%) | 1.77 | 0.69 | - |
| Cost of Fund (%) | 9.12 | 10.18 | -10.41% |
| EPS (In Rs.) | 21.63 | 29.45 | - |
| Net Worth per Share (In Rs.) | 129.37 | 116.57 | 10.98% |
| PE Ratio (times) | 39.30 | - | - |
| Qtr End Price | 850.00 | - | - |
| PB Ratio (times) | 6.6 | - | - |
