Kisan Microfinance Bittiya Sanstha Limited (KMFL) has posted massive decrease in net profit by 71.13 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 12.11 lakh in the Q1 of fiscal year 2074/75, down from Rs. 41.94 lakh in the corresponding quarter of fiscal year 2073/74.
It has a paid up capital of 3.22 crores. The microfinance company’s reserve rises by 340.02% to Rs 2.85 crores in Q1 of the fiscal year 2074/75. It had issued 24.22% right shares to its shareholders. After distribution of 24.22%right and 25% bonus shares, it will reach to Rs 4.80 crore.
It has borrowings of Rs. 66.20 crore and loans of Rs 68.59 crore in the first quarter of 2074/75 while its borrowings and loan was Rs 44.47 crore and Rs 48.94 crore respectively in the corresponding quarter of fiscal year 2073/74.
Likewise, the non-performing loan has inclined from 0.74% in the corresponding quarter of the previous fiscal year to 1.22 % this first quarter this fiscal year.
Its annualized EPS stands at Rs. 15.04 in Q1. Likewise, its net worth per share stands at Rs. 188.71 and P/E ratio is 664.42 times.
Major Highlights:
| Particulars (In Rs '000) |
Kisan Microfinance (KMFL) |
| Q1 2074/75 |
Q1 2073/74 |
Difference |
| Paid Up Capital |
32,200 |
20,000 |
61.00% |
| Reserve & Surplus |
28,566 |
6,492 |
340.02% |
| Deposits |
174,102 |
101,892 |
70.87% |
| Borrowings |
662,049 |
444,712 |
48.87% |
| Loans & Advances |
685,938 |
489,485 |
40.13% |
| Net Interest Income |
15,474 |
12,907 |
19.89% |
| Provision for possible losses |
1,286 |
5 |
27320.04% |
| Operating Profit |
1,786 |
6,590 |
-72.90% |
| Net Profit |
1,211 |
4,194 |
-71.13% |
| NPL (%) |
1.22 |
0.74 |
64.86% |
| Annualized EPS (In Rs.) |
15.04 |
83.88 |
-82.07% |
| Net Worth per Share (In Rs.) |
188.71 |
132.46 |
42.47% |
| P/E Ratio (In times) |
664.42 |
- |
- |
