Asha Laghubitta Reports Net Profit of Rs. 12.35 Crores For The Q4 - FY 78/79; EPS at Rs. 37.01
Fri, Jul 29, 2022 9:37 AM on Latest, Financial Analysis, Stock Market,
Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has published an unaudited financial report for the fourth quarter of FY 2078/79 today. It has stated that its net profit has increased by a mere 0.44% to Rs 12.35 crore from Rs 12.30 crore reported in the corresponding quarter of the previous fiscal year 2077/78.
Likewise, it extended loans of Rs 5 Arba till Q4 with 30.99% growth. It has collected deposits of Rs 1.73 Arba and borrowed Rs 2.77 Arba till the fourth quarter. It has a paid-up capital of Rs 33.3 crore with a reserve and surplus of Rs 21.9 crore.
The microfinance has reported a huge amount of provision for possible losses which stands at around Rs. 4.99 crores for the fourth quarter of the fiscal year 2078/79.
Its net interest income has increased by 19.47% to Rs 31.7 crore from Rs 26.5 crore in the corresponding quarter.
The company earnings per share (EPS) stand at Rs 37.01 and non-performing loan (NPL) at 3.85%. The Net worth per share stands at Rs 165.67.
Major Financial Highlights
| Particulars (In Rs '000) | Asha Laghubitta | |||
|---|---|---|---|---|
| Q4 2078/79 | Q4 2077/78 | Difference | ||
| Paid Up Capital | 333,914 | 333,914 | 0.00% | |
| Reserve & Surplus | 219,266 | 99,070 | 121.32% | |
| Borrowings | 2,774,866 | 2,199,989 | 26.13% | |
|
1,730,438 | 1,285,417 | 34.62% | |
| Loans & Advances | 5,003,199 | 3,819,502 | 30.99% | |
| Net Interest Income | 317,596 | 265,831 | 19.47% | |
| Staff Expenses | 123,845 | 102,146 | 21.24% | |
| Provision for possible losses | 49,969 | 8,308 | 501.45% | |
| Operating Profit | 187,267 | 194,846 | -3.89% | |
| Write Back | 8,618 | - | ||
| Net Profit | 123,579 | 123,036 | 0.44% | |
| Capital Adequacy (%) | 10.35 | 10.87 | -4.78% | |
| NPL (%) | 3.85 | 3.80 | 1.32% | |
| Cost of Fund (%) | 9.97 | 6.52 | 52.91% | |
| EPS (In Rs.) | 37.01 | 36.85 | 0.44% | |
| Net Worth per Share (In Rs.) | 165.67 | 130 | 27.76% | |
| Qtr end PE Ratio (times) | 32.42 | - | ||
| Qtr End Market Price | 1200 | - | ||
