Sanima Bank Reports 131.13% Surge in Q1 Profit to Rs. 1.05 Arba
Thu, Oct 29, 2026 11:57 AM on Financial Analysis, Highlight News,
Sanima Bank Limited (SANIMA) reported a net profit of Rs. 1.05 arba in the first quarter of FY 2083/84, marking a 131.13% increase compared to Rs. 45.49 crore recorded in the corresponding quarter of the previous fiscal year. The significant profit growth was primarily supported by a sharp rise in operating profit and a substantial decline in impairment charges.
The bank’s operating profit surged by 165.44% to Rs. 1.75 arba from Rs. 65.76 crore in the same period last year. Meanwhile, impairment charges declined by 65.41% to Rs. 33.10 crore from Rs. 95.68 crore. Net interest income remained unchanged at Rs. 1.69 arba. However, personnel expenses increased by 28.02% to Rs. 61.31 crore from Rs. 47.89 crore.
Sanima Bank’s deposits grew by 2.08% to Rs. 2.54 kharba, while loans and advances increased by 1.78% to Rs. 1.99 kharba. The bank’s reserves rose by 5.01% to Rs. 95.81 crore, while retained earnings declined by 29.40% to Rs. 20.36 crore. The bank also reported an 8.25% preference share worth Rs. 20 crore during the quarter.
The bank’s capital adequacy ratio stood at 12.37%, down from 12.76% in the corresponding quarter last year. Meanwhile, the non-performing loan (NPL) ratio improved to 1.08% from 1.58%, reflecting a 31.65% decline. The cost of funds also decreased by 22.45% to 3.35% from 4.32%.
Sanima Bank’s earnings per share (EPS) increased by 54.65% to Rs. 26.11 from Rs. 16.88. Similarly, net worth per share rose by 9.90% to Rs. 185.54 from Rs. 168.83.
The bank’s distributable profit after profit/loss appropriation and regulatory adjustments stood at Rs. 1.99 arba, down by 6.39% from Rs. 2.13 arba recorded in the corresponding period last year.
At the end of the quarter, Sanima Bank’s share traded at Rs. 392.90, with a quarter-end price-to-earnings (P/E) ratio of 15.05 times.
Major Financial Highlights:
* Figures are of the Immediate Previous Year Quarter Ending
| Particulars (In Rs '000) | Sanima Bank Limited | ||
| Q1 2083/84 | Q1 2082/83 | Difference | |
| Paid Up Capital | 15,581,525.41 | 15,581,525.41* | 0.00% |
| 8.25% Preference Share | 2,000,000.00 | - | - |
| Paid Up Excluding Pref. Share | 13,581,525.41 | - | - |
| Retained Earnings | 2,036,399.61 | 2,884,215.27* | -29.40% |
| Reserves | 9,580,821.70 | 9,123,773.47* | 5.01% |
| Deposit | 254,109,867.39 | 248,923,354.00* | 2.08% |
| Loans & Advances | 199,366,998.43 | 195,884,692.34* | 1.78% |
| Net Interest Income | 1,688,524.47 | 1,688,524.47 | 0.00% |
| Personnel Expenses | 613,050.45 | 478,856.92 | 28.02% |
| Impairment Charges | 330,976.20 | 956,775.28 | -65.41% |
| Operating Profit | 1,745,560.20 | 657,617.64 | 165.44% |
| Net Profit | 1,051,468.41 | 454,918.15 | 131.13% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 1,994,358.51 | 2,130,448.95 | -6.39% |
| Capital Adequacy (%) | 12.37 | 12.76 | -3.06% |
| NPL (%) | 1.08 | 1.58 | -31.65% |
| Cost of Fund (%) | 3.35 | 4.32 | -22.45% |
| EPS (In Rs.) | 26.11 | 16.88 | 54.65% |
| Net Worth per Share (In Rs.) | 185.54 | 168.83 | 9.90% |
| Qtr end PE Ratio (times) | 15.05 | - | |
| Qtr End Market Price | 392.9 | - | - |
