Jeevan Bikas Laghubitta's earns Rs 34.14 crore in Q4; EPS and Networth stands at massive Rs 243.87 and Rs 493.60 respectively
Wed, Aug 12, 2020 11:21 AM on Company Analysis, Latest,
Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLBSL) has reported a massive 54.12% rise in Net Profit in the fourth quarter of the fiscal year 2076/2077.
JBLBSL has published an unaudited financial report for the fourth quarter today. It has stated that net profit has increased to Rs. 34.14 crore in the fourth quarter of FY 2076/2077 from Rs. 22.15 crore reported in the corresponding quarter of the previous year.
Jeevan Bikas Laghubitta’s Net interest income increased by a massive 191.39% in Q4, 2076/2077, and stood at Rs. 94.89 crores from Rs. 32.56 crores. Due to the effect of COVID-19, the company has been affected slightly which has led the company to create a higher provision in this quarter. However, the company has maintained its growth and increased operating profit by 84.16% and stood at Rs. 42.38 crores.
Jeevan Bikas Laghubitta has a borrowing of Rs. 3.38 Arba. Likewise, it extended loans of Rs. 10.66 Arba which is an increase of 15.01% compared to the corresponding quarter of the previous year. The company has collected a deposit of Rs. 5.62 Arba till the fourth quarter of the current fiscal year.
Till the fourth quarter of the current fiscal year, the company has a huge reserve of Rs. 55.10 crore which is an increase of a whopping 148.97% compared to the corresponding year of the previous year. Currently, it has a paid-up capital of Rs. 14.00 crores.
The Earnings per share (EPS) stood at Rs. 243.87 in Q4, 2076/2077. Similarly, its net worth per share stood at Rs. 493.60 and Non-performing loan (NPL) remains fairly stable at 0.29%.
Jeevan Bikas Laghubitta yet to issue IPO shares to the general public.
Major Highlights
|
Particulars ('000) |
Jeevan Bikas Laghubitta Bittiya Sanstha Ltd |
||
|---|---|---|---|
|
Q4, 2076/2077 |
Q4,2075/2076 |
Difference |
|
|
Paid-up Capital |
140,000.00 |
140,000.00 |
- |
|
Reserves & Surplus |
551,046.26 |
221,330.52 |
148.97% |
|
Deposits |
5,623,185.51 |
4,813,949.04 |
16.81% |
|
Borrowings |
3,385,328.14 |
2,822,937.07 |
19.92% |
|
Loans & Advances |
10,662,426.65 |
9,270,666.69 |
15.01% |
|
Net Interest Income |
948,979.17 |
325,672.11 |
191.39% |
|
Staff Expenses |
307,324.38 |
99,440.01 |
209.06% |
|
Provision for possible losses |
233,036.50 |
7,427.64 |
3037.42% |
|
Operating Profit |
423,834.38 |
230,144.59 |
84.16% |
|
Net Profit |
341,423.97 |
221,530.31 |
54.12% |
|
Capital Adequacy Ratio (%) |
9.06% |
4.74% |
- |
|
NPL (%) |
0.29% |
0.24% |
- |
|
Cost of Fund (%) |
8.93% |
10.17% |
- |
|
EPS (Rs.) |
243.87 |
158.23 |
54.12% |
|
Net worth per share (Rs.) |
493.60 |
258.09 |
91.25% |
