Aarambha Microfinance reports net profit of Rs 1.18 crore with EPS of 19.83 for Q4 of FY 2075/76; Net worth per share stands at Rs 114.5

Mon, Aug 5, 2019 2:08 PM on Financial Analysis, Latest, Stock Market,
Aarambha M...

Aarambha Microfinance Bittiya Sanstha Limited ( AMFI ) has published its Q4 report of the fiscal year 2075/76 reporting a net profit of Rs 1.18 crore. The profit of the company in Q4 2075/76 has increased massively by 491.83% compared to Rs 20 lakhs in the Q4 2074/75.

The borrowings of the company has increased by 2.62% to Rs 31.94 crore from Rs 31.12 crore in Q4 2075/76. The microfinance company collected deposits of Rs 15.84 crore and has floated loans of Rs 52.68 crore in the Q4 2075/76. Loan & advances of the company have increased by 47.4% compared to the corresponding quarter of last fiscal year.

The net interest income of the company has grown by 43.7%, from Rs 35.73 crore to Rs 52.68 crore in Q4 2075/76. Operating profit has surges massively by 663.32% to Rs 1.68 crore in Q4 2075/76.

The Paid-Up capital and reserve of AMFI stands at Rs 6 crore and Rs 86.4 lakh respectively. The EPS and net worth per share stood at Rs 19.83 and Rs 114.5 respectively in Q4 2075/76. P/E ratio according to the report is 26.68 times.

Major Highlights:

Particulars (In Rs '000) AMFI (Q4)
2075/76  2074/75  Difference
Paid Up Capital 60,000            60,000 -
Reserve & Surplus 8,640            (3,546) 343.64%
Deposits 158,437         103,520 53.05%
Borrowings 319,451         311,283 2.62%
Loans & Advances 526,819         357,399 47.40%
Net Interest Income 37,368            26,005 43.70%
Provision for possible losses 866.95              1,056 -17.87%
Operating Profit 16,881              2,211 663.32%
Net Profit 11,898              2,010 491.83%
NPL (%) 1.42                2.10 -32.38%
Annualized EPS (In Rs.) 19.83    
Net Worth per Share (In Rs.) 114.5    
PE ratio 26.68