Aarambha Chautari reported impressive growth in its overall business in Q2; Look at the major highlights
Wed, Jan 27, 2021 10:14 AM on Latest, Company Analysis,
Aarambha Chautari Laghubitta Bittiya Sanstha Limited (ACLBSL) published the second-quarter report of FY 2077/2078 with a massive increment of 135.24% in Net Profit. As per the report published by the company, the net profit increased to Rs. 6.24 crores as compared to Rs. 2.65 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 98.60% to Rs. 1.92 Arba which was Rs. 97.15 crores in the corresponding quarter of the previous year. The company’s loans and advances have also increased by 91.69% to Rs. 3.28 Arba in this quarter.
The net interest income (core revenue) has increased by 85.35% to Rs. 13.26 crores compared to Rs. 7.15 crores in the corresponding quarter of the previous year.
The paid-up capital of the company increased to Rs. 26.34 crores in this quarter and its reserve and surplus stood at Rs. 13.20 crores.
The non-performing loan increased to 4.82% in Q2.
Its annualized earnings per share (EPS) stands at Rs. 47.38. The net worth per share is Rs. 150.12. The company traded at a P/E multiple of 22.77 times.
Major Highlights:
|
Particulars |
Aarambha Chautari Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q2, 2077/2078 |
Q2, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
263,448.00 |
199,020.00 |
32.37% |
|
Reserve & Surplus |
132,051.02 |
56,544.00 |
133.54% |
|
Borrowings |
1,929,424.84 |
971,530.36 |
98.60% |
|
Deposits |
1,061,251.51 |
595,186.93 |
78.31% |
|
Loans & Advances |
3,288,761.33 |
1,715,650.87 |
91.69% |
|
Net Interest Income |
132,658.60 |
71,573.26 |
85.35% |
|
Provision for possible Losses |
- |
7,984.96 |
- |
|
Write Back of Provision |
10,087.99 |
- |
- |
|
Net Profit |
62,414.86 |
26,532.76 |
135.24% |
|
Capital Adequacy (%) |
10.88% |
14.01% |
- |
|
NPL (%) |
4.82% |
1.24% |
- |
|
Cost of fund (%) |
9.00% |
10.78% |
- |
|
EPS (Rs.) |
47.38 |
26.66 |
- |
|
Net worth per share (Rs.) |
150.12 |
128.41 |
- |
|
Qtr end PE ratio (Times) |
22.77 |
- |
- |
|
Qtr End Market Price |
1079 |
- |
- |
