Shangrila Development Bank Reports 88.99 Crores Net Profit in Q4; Net Interest Income Surges By 7.45%
Wed, Jul 22, 2026 11:03 AM on Financial Analysis, Technical Analysis, Highlight News,
Shangrila Development Bank Limited (SADBL) has reported a strong financial performance for the fourth quarter of the fiscal year 2082/83, with net profit surging by 46.69% to Rs. 88.99 crore, up from Rs. 60.66 crore in the corresponding period of the previous fiscal year.
The bank's net interest income increased by 16.83% to Rs. 2.42 arba, reflecting improved core banking operations. Meanwhile, operating profit stood at Rs. 1.35 arba, a significant jump from Rs. 88.44 crore in the corresponding period last year.
One of the major contributors to the earnings growth was the sharp decline in impairment charges, which drops by 73.55% to Rs. 9.13 crore from Rs. 34.54 crore. However, personnel expenses rose 34.48% to Rs. 1 arba, indicating higher operating costs during the year. Deposits reached Rs. 56.92 arba, rising by 4.12%, while loans and advances climbed by 7.12% to Rs. 45.87 arba.
In terms of key financial indicators, the bank’s Non-Performing Loan (NPL) ratio stood at 6.87%. The bank’s capital adequacy ratio stood at 14.63%, up from 14.39% last year and the cost of funds decreased to 3.54% from 5.01%.
Earnings per share (EPS) surged to Rs. 23.83 from just Rs. 17.06 last year, while net worth per share increased by 7.11% to Rs.169.50. The bank’s quarter-end market price was Rs. 404, with a price-to-earnings (P/E) ratio of 16.95 times.
Major Financial Highlights:
| Particulars (In Rs '000) | Shangrila Development Bank Limited | ||
|---|---|---|---|
| Q4 2082/83 | Q4 2081/82 | Difference | |
| Paid Up Capital | 3,734,068.51 | 3,556,255.72 | 5.00% |
| Retained Earnings | 492,377.81 | 368,366.41 | 33.67% |
| Reserves | 2,102,638.14 | 1,702,979.02 | 23.47% |
| Deposit | 56,921,725.76 | 54,668,494.39 | 4.12% |
| Loans & Advances | 45,874,963.75 | 42,823,895.74 | 7.12% |
| Net Interest Income | 2,420,107.94 | 2,071,469.83 | 16.83% |
| Personnel Expenses | 1,002,120.80 | 745,182.85 | 34.48% |
| Impairment Charges | 91,393.71 | 345,480.50 | -73.55% |
| Operating Profit | 1,353,032.77 | 884,438.91 | 52.98% |
| Net Profit | 889,937.94 | 606,671.76 | 46.69% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 492,377.81 | 368,366.41 | - |
| Capital Adequacy (%) | 14.63 | 14.39 | 1.67% |
| NPL (%) | 6.87 | 5.52 | |
| Cost of Fund (%) | 3.54 | 5.01 | -29.34% |
| EPS (In Rs.) | 23.83 | 17.06 | 39.71% |
| Net Worth per Share (In Rs.) | 169.50 | 158.25 | 7.11% |
| Qtr end PE Ratio (times) | 16.95 | - | - |
| Qtr End Market Price | 404 | - | - |
