Swabalamban EPS at Rs 108.4, Year-to- Year Growth stands at 55% (Exclusive Study)

ShareSansar, August 14:

Swabalamban Laghubitta Bikas Bank (SWBBL) has posted an outstanding net profit rise of 32.03% in the fiscal year 2071/72. The net profit of the company rose to Rs 23.82 crore from Rs 18.01 crore in the corresponding quarter of the previous fiscal year.

Publishing the unaudited financial report for the fourth quarter today, the microfinance institution has stated that its operating profit has surged to Rs 37.35 crore in Q4, up from Rs 28.29 crore in the corresponding quarter of the last fiscal year 2070/71.

Its net interest income rose to Rs 75.70 crore up from Rs 55.42 crore in the corresponding quarter. The micro finance institution’s borrowing remains to be Rs 2.89 arba and has collected Rs 2.19 arba in deposit and mobilized Rs 5.01 arba in loan and advances till Q4.

 SWBBL’s has a paid up capital of Rs 21.98 crore and has Rs 49.57 crore in reserve and surplus. However it’s NPL increased from 0.50% to 1.94% in the fourth quarter of the last fiscal year.

Swabalamban’s annualized EPS now stands at Rs 108.40, its net worth per share stands at Rs 325.54  while the P/E ratio stands at 16.12  times.

Last year the company has offered 46.5% bonus share and 23.50% cash dividend to its shareholders.

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