Saptakoshi Development Bank Posts 86.18% jump in Net Profit as Cost of Fund Drops to 3.7
Fri, Jul 31, 2026 11:01 AM on Financial Analysis, Highlight News,
Saptakoshi Development Bank Limited (SAPDBL) has posted a net profit of Rs. 15.04 crore in the Fourth quarter of FY 2082/83, marking an impressive 86.18% rise compared to Rs. 8.08 crore in the same period last fiscal year.
Total deposits increased by 66.48%, reaching Rs. 8.88 arba, while loans and advances rose by 10.41% to Rs. 5.56 arba. Despite these improvements, net interest income dipped slightly by 0.47%, to Rs. 23.34 crores.
Personnel expenses rose slightly by 0.25 percent to Rs 13.69 crore. Meanwhile, Impairment charges on loans and other losses saw a reversal of Rs 19.69 crore in the fourth quarter, compared with a reversal of Rs 4.08 crore in the same quarter last fiscal year. These cost efficiencies contributed to an operating profit of Rs. 24.79 crores, up by 132.05% compared to last fiscal year.
Saptakoshi Development Bank strengthened its capital position, with the capital adequacy ratio increasing to 11.29% from 8.29%. Likewise, net worth per share rose by 30.23% to Rs. 86.71. Non-performing loans (NPL) stood at 6.15%, and the cost of funds decreased to 3.70% from 4.30%.
Earnings per share (EPS) surged to Rs. 18.04 from Rs. 9.69 last year. The company’s Price-to-Earnings (P/E) ratio at the end of the quarter was 40.48 times, based on a market price of Rs. 730.1 per share.
Major Financial Highlights:
| Particulars (In Rs '000) | Saptakoshi Development Bank Limited | ||
|---|---|---|---|
| Q4 2082/83 | Q4 2081/82 | Difference | |
| Paid Up Capital | 834,338.43 | 834,338.43 | 0.00% |
| Retained Earnings | -558,853.73 | -624,096.38 | -10.45% |
| Reserves | 448,010.85 | 345,304.97 | 29.74% |
| Deposit | 8,885,231.69 | 5,337,050.08 | 66.48% |
| Loans & Advances | 5,562,595.84 | 5,038,326.36 | 10.41% |
| Net Interest Income | 233,425.94 | 234,534.05 | -0.47% |
| Personnel Expenses | 136,958.20 | 136,609.96 | 0.25% |
| Impairment Charges/(reversal) for loans and other losses | -196,908.43 | -40,809.00 | 382.51% |
| Operating Profit | 247,965.90 | 106,858.60 | 132.05% |
| Net Profit | 150,473.89 | 80,820.55 | 86.18% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 558,853.73 | 624,096.38 | -10.45% |
| Capital Adequacy (%) | 11.29 | 8.29 | 36.19% |
| NPL (%) | 6.15 | 10.65 | -42.25% |
| Cost of Fund (%) | 3.70 | 4.30 | -13.95% |
| EPS (In Rs.) | 18.04 | 9.69 | 86.18% |
| Net Worth per Share (In Rs.) | 86.71 | 66.59 | 30.23% |
| Qtr end PE Ratio (times) | 40.48 | - | - |
| Qtr End Market Price | 730.1 | - | - |
