Central Finance Company shows decline in profit by 22.80%; Net worth per share stands at Rs 129.90 as on third quarter

Fri, May 4, 2018 2:35 AM on Financial Analysis, Latest, Stock Market,

Central Finance Company Limited (CFCL)’s net profit has decreased by 22.80 percent for the third quarter of FY 2074/75.

The published unaudited financial report today of the finance has stated that the net profit has decreased from Rs 5.87 crore to Rs 4.53 crore from corresponding quarter of last FY 2073/74.

The finance has accumulated deposits of Rs 2.87 arba with the growth of 9.90 percent while its paid up capital is at Rs 67.22 crore. The reserve and surplus have increased from Rs 12.84 crore to Rs 20.09 crore with the growth of 56.49 percent.

Earning per Share (EPS) of the finance stood at Rs 8.99 while its Net worth per Share is at Rs 129.90.

Its P/E ratio is at 19.88 times.

Particulars (In Rs '000)

CFCL

Q3 2074/75

Q3 2073/74

Difference

Paid Up Capital

672,226

520,663

29.11%

Reserve & Surplus

200,998

128,444

56.49%

Deposits

2,878,844

2,619,625

9.90%

Borrowings

21,962

8,500

158.38%

Loans & Advances

2,589,631

2,346,953

10.34%

Net Interest Income

85,816

97,557

-12.04%

Provision for possible losses

7,908

6,485

21.94%

Operating Profit

60,008

73,098

-17.91%

Net Profit

45,328

58,717

-22.80%

NPL (%)

0.89

1.26

-29.37%

Annualized EPS (In Rs.)

8.99

15.04

-40.21%

Net Worth per Share (In Rs.)

129.90

124.67

4.20%

P/E Ratio (In times)

19.88

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