Chhimek Laghubitta reported impressive increment in business volume and profitability in Q4; Look at the major highlights

Wed, Aug 4, 2021 5:53 AM on Company Analysis, Latest,

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) published the fourth-quarter report of FY 2077/2078 with an outstanding 87.24% increment in Net Profit. As per the report published by the company, the net profit increased to Rs. 1.21 Arba as compared to Rs. 64.92 crore in the corresponding quarter of the previous year.

The borrowings of the company increased by 52.42% to Rs. 6.21 Arba which was Rs. 4.07 Arba in the corresponding quarter of the previous year. The deposits of the company increased by 20.22% to Rs 22.43 arba.  The company’s loans and advances have also increased by 29.61% to 25.10 Arba in this quarter.

The net interest income (core revenue) has increased by 17.75% to Rs. 2.06 arba compared to Rs. 1.75 arba in the corresponding quarter of the previous year.

The paid-up capital of the company stood at Rs. 1.83 Arba in this quarter and its reserve and surplus stood at Rs. 3.12 Arba which is an increase of 84.22% in this quarter.

Its annualized earnings per share (EPS) stand at Rs. 66.43. The net worth per share is Rs. 270.58. The company traded at a P/E multiple of 26.16 times.

Click here for the Q4 report

Major Highlights:

Particulars

Chhimek Laghubitta Bittiya Sanstha Limited

Q4, 2077/2078

Q4, 2076/2077

Difference

Paid-Up Capital

1,830,000.00

1,500,000.00

22.00%

Reserve & Surplus

3,121,538.00

1,694,476.00

84.22%

Borrowings

6,210,308.00

4,074,546.00

52.42%

Deposits

22,439,376.00

18,665,964.00

20.22%

Loans & Advances

25,109,874.00

19,374,058.00

29.61%

Net Interest Income

2,065,149.00

1,753,809.00

17.75%

Provision for possible Losses

511,220.00

475,723.00

-

Write Back of Provision

571,329.00

192,329.00

-

Net Profit

1,215,633.00

649,240.00

87.24%

Capital Adequacy (%)

16.19%

15.71%

-

NPL (%)

0.63%

0.45%

-

Cost of fund (%)

6.91%

9.71%

-

EPS (Rs.)

66.43

43.28

-

Net worth per share (Rs.)

270.58

212.97

-

Qtr end PE ratio (Times)

26.16

-

-

Qtr End Market Price

1738

-

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