Kalika Microcredit Development Bank Limited (KMCDB) has posted huge decrease in net profit by 70.57 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 16.23 lakh in the Q1 of fiscal year 2074/75, down from Rs. 55.15 lakh in the corresponding quarter of fiscal year 2073/74.
It has a paid up capital of 8.25 crores with 5.11 crore in reserve.
It has borrowings of Rs. 64.47 crore and loans of Rs 89.10 crore in the first quarter of 2074/75 while its borrowings and loan was Rs 18.68 crore and Rs 49.75 crore respectively in the corresponding quarter of fiscal year 2073/74.
Likewise, the non-performing loan has increased from 1.61 % in the corresponding quarter of the previous fiscal year to 1.75 % this first quarter this fiscal year.
Its annualized EPS stands at Rs. 7.87 in Q1. Likewise, its net worth per share stands at Rs. 44.12 and P/E ratio is 255.02 times.
Major Highlights:
| Particulars (In Rs '000) |
KMCDB |
| Q1 2074/75 |
Q1 2073/74 |
Difference |
| Paid Up Capital |
82,500 |
50,000 |
65.00% |
| Reserve & Surplus |
51,175 |
61,367 |
-16.61% |
| Deposits |
376,976 |
231,819 |
62.62% |
| Borrowings |
644,727 |
186,885 |
244.99% |
| Loans & Advances |
891,005 |
497,553 |
79.08% |
| Net Interest Income |
22,105 |
15,923 |
38.82% |
| Provision for possible losses |
4,526 |
2,969 |
52.44% |
| Operating Profit |
2,550 |
7,830 |
-67.43% |
| Net Profit |
1,623 |
5,515 |
-70.57% |
| NPL (%) |
1.75 |
1.61 |
8.70% |
| Annualized EPS (In Rs.) |
7.87 |
44.12 |
-82.16% |
| Net Worth per Share (In Rs.) |
162.03 |
222.73 |
-27.25% |
| P/E Ratio (In times) |
255.02 |
- |
- |
