ADBL's net profit has increased by more than 82% in Q1 of FY 2075/2076; know all the major highlights of Q1 result
Sun, Nov 11, 2018 11:19 AM on Company Analysis, Financial Analysis, Stock Market, Latest,
Agricultural Development Bank Limited (ADBL) has posted a massive rise in net profit in the first quarter of the fiscal year 2075/76.
As per the unaudited report, its net profit has increased to Rs 66.31 crore, up from Rs 36.39 crore by 82.19% in the corresponding quarter of last fiscal year.
Particulars (In Rs '000) |
ADBL |
||
---|---|---|---|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
Paid Up Capital |
13,932,528 |
12,520392 |
11.27% |
Reserve & Surplus |
14,696,948 |
10,234,095 |
43.60% |
Deposits |
102,626,483 |
99,308662 |
3.34%% |
Loans & Advances |
103,612,662 |
88,208,272 |
17.46% |
Borrowings |
560,146 |
667,556 |
-16.09% |
Net Interest Income |
1,845,835 |
1,144286 |
61.13% |
Operating Profit |
766,895 |
384,018 |
99.70% |
Net Profit |
663,124 |
363,972 |
82.19% |
NPL to Total Loan (%) |
3.93% |
4.60% |
-14.56% |
Annualized EPS (In Rs.) |
27.35 |
15.94 |
71.58% |
ADBL’s operating profit for this quarter stands at Rs 76.68 crore. The operating profit has almost double compared to the same quarter of last fiscal year.
As of the end of Q1, its deposit stands at Rs 102.62 arba with floated loans of Rs 103.61 arba. The company's Non-Performing loan has decreased from 4.60% in Q1 of last fiscal year to 3.93% of the current fiscal year.
ADBL’s paid-up capital stands at Rs 13.93 arba which includes Rs 8.50 arba from ordinary shares and Rs 5.43 arba from irredeemable preference share.The reserve & surplus of the company stands at Rs 14.69 arba and net worth per share is Rs 205.48. The ADBL's stock price is Rs 354.
Considering this price company's P/E ratio of the company is 12.94 times. The company's price to book value stands at 1.72 times.