Nirdhan Utthan Laghubitta's performance in major indicators for Q1 of 2076/77; Net profit at Rs 21.63 crore with annualized EPS of Rs 72.12
Sun, Nov 10, 2019 10:47 AM on Financial Analysis, Latest, Stock Market,
Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) has published the unaudited financial report for the first quarter of fiscal year 2076/77 today.
It has stated that net profit has increased by 43.49% to Rs 21.63 crore in the first quarter from Rs 15.07 crore reported in the corresponding quarter of the previous fiscal year 2075/76.
The microfinance has borrowings of Rs 7.59 arba. Likewise, it extended loans of Rs 20.13 arba from Rs 16.05 arba in the corresponding quarter. It has collected deposits of Rs 11.65 arba till the first quarter.
NUBL’s net interest income increased by 20.35% from Rs 38.12 crore to Rs 45.88 crore. Its operating profit has increased to Rs 34.17 crore till Q1, from Rs 23.34 crore in the corresponding quarter. Microfinance’s non-performing loan (NPL) has increased to 1.3 percent in the review period.
It has paid-up capital of Rs 1.2 arba with a reserve of Rs 2.29 arba till the first quarter.
It's annualized earning per share (EPS) stands at Rs 72.12. Currently, the Net worth per share stands at Rs 292 and P/E ratio at 11.92 times.
Major Highlights:
| Particulars (In Rs '000) | Nirdhan Utthan Laghubitta | ||
|---|---|---|---|
| Q1 2076/77 | Q1 2075/76 | Difference | |
| Paid Up Capital | 1,200,000 | 1,000,000 | 20.00% |
| Reserve & Surplus | 2,299,842 | 1,747,807 | 31.58% |
| Borrowings | 7,594,986 | 7,111,150 | 6.80% |
| Deposits | 11,650,360 | 8,989,976 | 29.59% |
| Loans & Advances | 20,137,030 | 16,057,060 | 25.41% |
| Net Interest Income | 458,801 | 381,228 | 20.35% |
| Staff Expenses | 193,207 | 158,421 | 21.96% |
| Provision for possible losses | 32,589 | 31,798 | 2.49% |
| Operating Profit | 341,714 | 233,476 | 46.36% |
| Net Profit | 216,355 | 150,783 | 43.49% |
| Capital Adequacy (%) | 14.65 | 14.33 | 2.23% |
| NPL (%) | 1.3 | 1.02 | 27.45% |
| Cost of Fund (%) | 8.65 | 8.85 | -2.26% |
| Annualized EPS (In Rs.) | 72.12 | 60.31 | 19.57% |
| Net Worth per Share (In Rs.) | 292 | ||
| PE Ratio (times) | 11.92 | ||
