Chhimek Laghubitta reports outstanding growth in net profits by 81.69% in Q2; EPS at Rs 78.47
Sun, Feb 3, 2019 9:04 AM on Financial Analysis, Latest, Stock Market,
Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has published unaudited financial report for the second quarter today. It has stated that its net profit has increased to Rs 39.23 crore in second quarter of fiscal year 2075/76 from Rs 21.59 crore reported in the corresponding quarter of the previous fiscal year 2074/75.
Likewise, it extended loans of Rs 17.87 arba from Rs 13.76 arba. It has collected deposits of Rs 13.19 arba and borrowed Rs 4.61 arba in the second quarter of the current fiscal year. It has paid up capital of Rs 1 arba with reserve of Rs 1.56 arba till Q2.
Its net interest income has also increased from Rs 58.51 crore in the corresponding quarter last year to Rs 80.75 crore in the second quarter of fiscal year 2075/76. Its operating profit has increased to Rs 60.14 crore in Q2, from Rs 33.74 crore in corresponding quarter.
Earnings per Share (EPS) stand at Rs 78.47. CBBL’s non-performing loan (NPL) has increased to 0.23 percent in the second quarter. The Net worth per share stands at Rs 256.12 and PE is 11.05 times as per the second quarter report.
Major Highlights:
|
Particulars (In Rs '000) |
Chhimek Laghubitta Bittiya Sanstha |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
1,000,000 |
1,000,000 |
0.00% |
|
Reserve & Surplus |
1,561,150 |
731,049 |
113.55% |
|
Deposits |
13,191,188 |
10,125,857 |
30.27% |
|
Borrowings |
4,614,631 |
3,359,048 |
37.38% |
|
Loans & Advances |
17,871,244 |
13,767,659 |
29.81% |
|
Net Interest Income |
807,555 |
585,182 |
38.00% |
|
Provision for possible losses |
29,227 |
20,929 |
39.65% |
|
Operating Profit |
601,411 |
337,478 |
78.21% |
|
Net Profit |
392,355 |
215,943 |
81.69% |
|
Capital Adequacy (%) |
13.91 |
12.85 |
8.25% |
|
NPL (%) |
0.23 |
0.1 |
130.00% |
|
Annualized EPS (In Rs.) |
78.47 |
43.19 |
81.69% |
|
Net Worth per Share (In Rs.) |
256.12 |
173.10 |
47.95% |
|
PE Ratio (times) |
11.05 |
- |
- |
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