Asha Laghubitta reports impressive growth in profitability and business volume in Q3
Tue, May 4, 2021 8:19 AM on Latest, Financial Analysis,
Asha Laghubitta Bittiya Sanstha (ALBSL) Limited has posted a net profit of Rs 10.67 crore and published its 3rd quarter company analysis of the fiscal year 2077/78.
The profit of the company in Q3 2077/78 has increased by a massive 267.82% compared to Rs 2.90 crores in Q3 2076/77.
The borrowings of the company have increased by 50.87% to Rs 2.11 arba from Rs 1.40 Arba in Q3 2077/78. The microfinance company collected deposits of Rs 1.19 Arba and has floated loans of Rs 3.63 Arba in Q3 2077/78. Loan & advances of the company have increased by 63.55% compared to the corresponding quarter of last fiscal year.
The company's net interest income has grown by 78.40%, from Rs 10.64 crores to Rs 18.98 crores in Q3 2077/78.
The Paid-Up capital and reserve of Asha Laghubitta Bittiya Sanstha Limited stand at Rs 26.71 crores and Rs 15.35 crores respectively.
The EPS and net worth per share stood at Rs 53.29 and Rs 157.47 respectively in this quarter. Moreover, the P/E ratio according to the report is 32.46 times.
Major Highlights:
|
Particulars |
Asha Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q3, 2077/2078 |
Q3, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
267,131.20 |
232,288.00 |
15.00% |
|
Reserve & Surplus |
153,533.23 |
64,918.67 |
136.50% |
|
Borrowings |
2,112,307.77 |
1,400,045.89 |
50.87% |
|
Deposits |
1,193,947.16 |
730,003.83 |
63.55% |
|
Loans & Advances |
3,638,985.00 |
2,264,717.75 |
60.68% |
|
Net Interest Income |
189,844.37 |
106,414.10 |
78.40% |
|
Provision for possible Losses |
2,320.99 |
69,452.98 |
- |
|
Write Back of Provision |
14,034.30 |
53,018.03 |
- |
|
Net Profit |
106,764.79 |
29,026.67 |
267.82% |
|
Capital Adequacy (%) |
10.57% |
11.52% |
- |
|
NPL (%) |
3.15% |
4.46% |
- |
|
Cost of fund (%) |
6.26% |
10.82% |
- |
|
EPS (Rs.) |
53.29 |
16.66 |
- |
|
Net worth per share (Rs.) |
157.47 |
127.95 |
- |
|
Qtr end PE ratio (Times) |
32.46 |
- |
- |
|
Qtr End Market Price |
1730 |
- |
- |
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