Kumari Bank Reports Rs 1.07 Arba Q1 Net Profit, Operating Profit Surges 32.39%
Sun, Nov 1, 2026 8:04 AM on Financial Analysis, Highlight News, Company Analysis,
Kumari Bank Limited (KBL) has reported a 1.70% rise in net profit for the first quarter of FY 2083/84, reaching Rs 1.07 Arba compared to Rs 1.06 Arba in the corresponding quarter of the previous fiscal year. The bank's paid-up capital remained unchanged at Rs 26.23 Arba, while reserves increased by 5.07% to Rs 18.82 Arba. Retained earnings declined by 76.83% to Rs 14.72 Crores.
During the quarter, total deposits grew by 6.36% to Rs 4.28 Kharba, while loans and advances increased by 7.68% to Rs 2.93 Kharba. Net Interest Income declined by 28.19% to Rs 2.09 Arba. Personnel expenses decreased by 15.97% to Rs 91.68 Crores, while impairment charges dropped sharply by 64.41% to Rs 44.99 Crores. Despite the decline in net interest income, operating profit increased by 32.39% to Rs 1.89 Arba.
The bank's distributable profit after profit/loss appropriation and regulatory adjustments stood at Rs 14.72 Crores, compared to a negative distributable profit of Rs 39.20 Crores in the corresponding quarter. The capital adequacy ratio improved to 9.15% from 8.54%, while the Non-Performing Loan (NPL) ratio increased to 8.72% from 6.98%. The cost of funds declined to 3.43% from 4.29%.
Kumari Bank's annualized Earnings Per Share (EPS) stood at Rs 16.39, up from Rs 16.11 in the corresponding quarter, while net worth per share increased marginally to Rs 172.31 from Rs 170.71. The bank's quarter-end PE ratio stood at 14.55 times, with its quarter-end market price recorded at Rs 238.40 per share.
* Figures are of Immediate Previous Year Quarter Ending
Major Highlights:
| Particulars (In Rs '000) | Kumari Bank Limited | ||
| Q1 2083/84 | Q1 2082/83 | Difference | |
| Paid Up Capital | 26,225,861.34 | 26,225,861.34* | 0.00% |
| Share Premium | 0.00 | 0.00 | |
| Retained Earnings | 147,188.50 | 635,182.99* | -76.83% |
| Reserves | 18,816,039.40 | 17,908,056.20* | 5.07% |
| Deposit | 428,341,294.17 | 402,736,207.79* | 6.36% |
| Loans & Advances | 293,096,299.47 | 272,202,381.44* | 7.68% |
| Net Interest Income | 2,091,282.68 | 2,912,050.99 | -28.19% |
| Personnel Expenses | 916,782.26 | 1,091,032.93 | -15.97% |
| Impairment Charges | 449,954.42 | 1,264,107.08 | -64.41% |
| Operating Profit | 1,885,325.49 | 1,424,035.80 | 32.39% |
| Net Profit | 1,074,505.93 | 1,056,531.17 | 1.70% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 147,188.50 | -3,919,920.20 | - |
| Capital Adequacy (%) | 9.15 | 8.54 | 7.14% |
| NPL (%) | 8.72 | 6.98 | |
| Cost of Fund (%) | 3.43 | 4.29 | -20.05% |
| EPS (In Rs.) | 16.39 | 16.11 | 1.70% |
| Net Worth per Share (In Rs.) | 172.31 | 170.71 | 0.94% |
| Qtr end PE Ratio (times) | 14.55 | - | - |
| Qtr End Market Price | 238.4 | - | - |
