Bhargav Bikas Bank’s outstanding performance in Q1; EPS and Net worth per share stand at Rs 11.58 and Rs 121.26 respectively
Thu, Nov 1, 2018 9:18 AM on Financial Analysis, Latest, Stock Market,
Bhargav Bikas Bank Limited (BHBL) has registered 385.72% increase in net profit in the first quarter of the current fiscal year 2075/76. Its net profit has increased to Rs 1.45 crore in first quarter from Rs 29.89 lakh in the corresponding quarter of the fiscal year 2074/75.
According to the unaudited financial report published by the development bank today, its interest income has risen to Rs 3.56 crore in Q1 as compared to Rs 1.55 crore in the corresponding quarter.
The bank’s deposits collection reached Rs 2.91 arba in Q1 and it floated loans of Rs 2.65 arba.
Its non-performing loan has decreased to 0.17% in Q1 of current year, which was 0.59% in Q1 of previous year.
It’s paid up capital remains at Rs 50.16 crore with Rs 10.66 crore in its reserve.
Its annualized earning per share (EPS) stand at Rs 11.58 and Net worth per share at Rs 121.26.
Major Highlights:
|
Particulars (In Rs '000) |
BHBL |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
501,600 |
264,000 |
90.00% |
|
Reserve & Surplus |
106,632 |
75,761 |
40.75% |
|
Deposits |
2,910,037 |
2,188,941 |
32.94% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
2,652,105 |
1,598,378 |
65.92% |
|
Net Interest Income |
35,688 |
15,593 |
128.88% |
|
Provision for possible losses |
2,595 |
234 |
1006.66% |
|
Operating Profit |
22,816 |
4,697 |
385.72% |
|
Net Profit |
14,520 |
2,989 |
385.72% |
|
NPL (%) |
0.17 |
0.59 |
-71.19% |
|
Annualized EPS (In Rs.) |
11.58 |
4.53 |
155.64% |
|
Net Worth per Share (In Rs.) |
121.26 |
128.70 |
-5.78% |
|
P/E Ratio (In times) |
13.43 |
|
|
