Mahuli Lagubitta (MSLB) Reports Incline In Net Profit By 14.21% (Q3-78/79)

Tue, Apr 26, 2022 11:55 AM on Latest, Financial Analysis,

Mahuli Lagubitta Bittiya Sanstha Limited published the third-quarter report of FY 2078/2079 with a 14.21% increment in Net Profit. As per the report published by the company, the net profit increased to Rs. 7.6 crore as compared to Rs. 6.6 crore in the corresponding quarter of the previous year.

The borrowings of the company increased by 35.57% to Rs. 2.13 Arba which was Rs.1.57 Arba in the corresponding quarter of the previous year. The deposits of the company increased by 22.04% to Rs 1.54 arba.  The company’s loans and advances have also increased by 31.80% to 4.24 Arba in this quarter.

The net interest income (core revenue) has increased by 40.54% to Rs. 22.30 crores compared to Rs. 15.87 crores in the corresponding quarter of the previous year.

The paid-up capital of the company stood at Rs.28.21 crores in this quarter and its reserve and surplus stood at Rs. 26.54 crores which is an increase of 19.82% in this quarter.

Major Financial Indicators:

EPS- Rs. 36.07

Net worth Per Share: Rs. 194.09

Capital Adequacy Ratio: 12.03%

P/E Ratio: 37.43 times

Click here for the Q3 report

Financial Highlights

Particulars (In Rs '000)

Mahuli Lagubitta Bittiya Sanstha Limited

Q3 2078/79

Q3 2077/78

Difference

Paid Up Capital

282,169.44

223,944.00

26.00%

Reserve & Surplus

265,495.94

221,582.69

19.82%

Borrowings

2,137,807.10

1,576,903.50

35.57%

Deposits

1,544,432.25

1,265,553.96

22.04%

Loans & Advances

4,245,190.74

3,221,019.66

31.80%

Net Interest Income

223,038.68

158,703.77

40.54%

Staff Expenses

116,756.28

85,382.98

36.74%

Provision for possible losses

26,945.83

228.54

11690.42%

Operating Profit

121,178.50

107,459.75

12.77%

Write Back

0.00

0.00

-

Net Profit

76,342.45

66,844.17

14.21%

Capital Adequacy (%)

12.03

12.14

-0.91%

NPL (%)

2.59

2.24

-

Cost of Fund (%)

9.12

6.04

50.99%

Annualized EPS (In Rs.)

36.07

39.80

-9.37%

Net Worth per Share (In Rs.)

194.09

198.95

-2.44%

Qtr end PE Ratio (times)

37.43

-

-

Qtr End Market Price

1350

-

-