Aarambha Chautari Laghubitta net profit rises to Rs 3.22 crore till Q4 of FY 2076/77; EPS stands at Rs 12.25

Mon, Aug 10, 2020 12:06 PM on Company Analysis, Latest,

Aarambha Chautari Laghubitta Bittiya Sanstha Limited has posted a net profit of Rs 3.22 crores for the fourth quarter of the FY 2076/77.

The net profit of the company has increased by 12.95% in Q4, 2076/2077, and stood at Rs. 3.22 crores compared to Rs. 2.85 crores in Q4, 2075/2076.

As of Q4 2076/2077, the borrowings of the company stood at Rs. 1.42 Arba which is an increase of 58.25%. It has floated loans of Rs. 2.51 Arba; an increase of 60.90% in Q4. Similarly, the company has been able to increase its net interest income (core business revenue) to Rs. 18.79 crores till Q4, 2076/2077 from Rs. 9.53 crores in the corresponding quarter of the previous year.

Its paid-up capital stands at Rs. 26.34 crores with the net worth per share of Rs. 115.98. Its reserves and surplus has increased by a whopping 584.92% and stood at Rs. 7.06 crores in Q4, 2076/2077.

The company’s EPS stands at Rs.12.25 and Non-performing loan (NPL) stands at 1.44% in Q4, 2076/2077. Likewise, the company’s Capital Adequacy Ratio (CAR) stood at 12.57%.

Aarambha Laghubitta Bittiya Sanstha Limited (AMFI) and Chautari Laghubitta Bittiya Sanstha Limited (CHLBS) after the successful merger has commenced its joint transaction in the name of Aarambha Chautari Laghubitta Bittiya Sanstha Limited on Ashad 22, 2077. Similarly, the registered head office is located at Ward no 10, Banepa, Bagmati Province. The swap ratio has been established at the ratio of 1:1. 

Click here for Q4 report:

Major Highlights

Particulars ('000)

Arrambha Chautari Laghubitta Bittiya Sanstha Ltd

Q4, 2076/2077

Q4,2075/2076

Difference

Paid-up Capital

263,448.00

199,020.00

32.37%

Reserves & Surplus

70,263.10

10,258.62

584.92%

Deposits

885,724.53

473,102.69

87.22%

Borrowings

1,424,473.96

900,155.85

58.25%

Loans & Advances

2,515,942.14

1,563,650.46

60.90%

Net Interest Income

187,960.73

95,307.15

97.22%

Staff Expenses

104,818.59

62,322.72

68.19%

Provision for possible losses

42,059.36

11,316.85

271.65%

Operating Profit

50,701.70

45,554.98

11.30%

Net Profit

32,264.72

28,566.22

12.95%

Capital Adequacy Ratio (%)

12.57%

15.09%

-16.70%

NPL (%)

1.44%

0.51%

182.35%

Cost of Fund (%)

8.50%

9.50%

-10.53%

EPS (Rs.)

12.25

14.35

-14.63%

Net worth per share (Rs.)

115.98

105.16

10.29%

P/E Ratio (times)

-

-

-

Qtr End Price (Aarambha)*

392.64

-

-

Qtr End Price (Chautari)*

433.64

-

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