Profit of Adhikhola Laghubitta Bittiya Sanstha Rises 32.38% in FY 2076/77; EPS at Rs. 21.03 and Net worth per share at Rs. 140.81

Tue, Aug 18, 2020 12:00 PM on Latest, Company Analysis,

Adhikhola Laghubitta Bittiya Sanstha Limited has posted a net profit of Rs. 2.1 crores and published its 4th quarter company analysis of the fiscal year 2076/77.

The profit of the company in Q4 2076/77 has increased by 32.38% compared to Rs 1.58 crores in Q4 2075/76.

The borrowings of the company have decreased by 9.04 % to Rs 37.8 crores from Rs 41.55 crores in Q4 2076/77. The microfinance company collected deposits of Rs 28.5 crores and has floated loans of Rs 74 crores in the Q4 2076/77. Loan & advances of the company have increased by 9.43% compared to the corresponding quarter of last fiscal year.

The net interest income of the company has grown by 54.4% and the operating profit has surged by 55.34%.

The Paid-Up capital and reserve of Adhikhola Laghubitta Bittiya Sanstha Limited stand at Rs 10 crores and Rs 4.08 crores respectively. The EPS and net worth per share stood at Rs 21.03 and Rs 140.81 respectively in Q4 2076/77.

The shares of the company did not trade in NEPSE in Q4 because of the merger process with Dhaulagiri Laghubitta Bittiya Sanstha.

Click here for Q4 report:

Major Highlights:

 

Particulars (In Rs '000)

Adhikhola Laghubitta Bittiya Sanstha Limited

Q4 2076/77

Q4 2075/76

Difference

Paid Up Capital

100,000.00

100,000.00

0.00%

Reserve & Surplus

40,808.92

20,693.85

97.20%

Deposits

285,525.68

227,521.56

25.49%

Borrowings

378,011.52

415,580.01

-9.04%

Loans & Advances

740,687.81

676,864.09

9.43%

Net Interest Income

63,034.25

40,824.67

54.40%

Staff Expenses

26,998.54

21,162.35

27.58%

Provision for possible losses

5,686.49

8,069.68

 

Operating Profit

33,374.53

21,485.23

55.34%

Net Profit

21,025.95

15,882.66

32.38%

Capital Adequacy (%)

16.57

15.59

6.29%

NPL (%)

4.29

1.23

 

Cost of Fund (%)

8.57

9.12

-6.03%

EPS (In Rs.)

21.03

15.88

FALSE

Net Worth per Share (In Rs.)

140.81

120.69

16.67%