Business remains fairly stable for RSDC Laghubitta; reports growth in revenue by meager 1.67% in Q1
Tue, Nov 10, 2020 8:19 AM on Latest, Company Analysis,
RSDC Laghubitta Bittiya Sanstha (RSDC) has published its first-quarter report of FY 2077/2078 with an increase in Net Profit by 23.28%. As per the report published by the company, the net profit increased to Rs. 2.81 crores as compared to Rs. 2.28 crores in the corresponding quarter of the previous year.
As per the quarterly report, the company wrote back Rs. 1.13 crores, adding up to the net profit.
The borrowings of the company increased by 5.33% to Rs. 2.68 Arba which was Rs. 2.54 Arba in the corresponding quarter of the previous year. The company’s loans and advances decreased by 9.56% to Rs. 2.67 Arba in this quarter.
The net interest income (core revenue) has increased by a meager 1.67% to Rs. 3.91 crores compared to Rs. 3.85 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 67.15 crores in this quarter and its reserve and surplus increased to Rs. 17.53 crores.
Its annualized earnings per share (EPS) stands at Rs. 16.75. The net worth per share stood at Rs. 126.12. The company traded at a P/E multiple of 32.41 times.
Financial Highlights:
|
Particulars |
RSDC Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q1, 2077/2078 |
Q1, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
671,523.00 |
633,512.00 |
6.00% |
|
Reserve & Surplus |
175,371.00 |
90,508.00 |
93.76% |
|
Deposits |
- |
- |
- |
|
Borrowings |
2,684,807.00 |
2,549,000.00 |
5.33% |
|
Loans and Advances |
2,679,574.00 |
2,962,846.00 |
-9.56% |
|
Net Interest Income |
39,143.00 |
38,500.00 |
1.67% |
|
Provision for possible losses |
3,662.00 |
4,555.00 |
-19.60% |
|
Operating Profit |
33,267.00 |
35,613.00 |
-6.59% |
|
Net Profit |
28,127.00 |
22,815.00 |
23.28% |
|
Capital Adequacy Ratio (%) |
27.22% |
25.51% |
- |
|
NPL (%) |
0.35% |
0.19% |
- |
|
Cost of Fund (%) |
7.21% |
11.22% |
- |
|
Annualized EPS (In Rs.) |
16.75 |
14.41 |
16.30% |
|
Net Worth per share (In Rs.) |
126.12 |
114.29 |
10.35% |
|
Price to earnings (times) |
32.41 |
- |
- |
