Chhimek Laghubitta showcases outstanding fourth quarter report; Net profit’s 15% increment sets EPS at Rs 66.39

Mon, Aug 6, 2018 5:31 AM on Financial Analysis, Latest, Stock Market,

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has published unaudited financial report for the fourth quarter today. It has stated that its net profit has increased to Rs 66.38 crore in fourth quarter of fiscal year 2074/75 from Rs 57.64 crore reported in the corresponding quarter of the previous fiscal year 2073/74.

Likewise, it extended loans of Rs 16.58 arba from Rs 12.51 arba. It has collected deposits of Rs 11.92 arba in the fourth quarter of the current fiscal year. It has paid up capital of Rs 1 arba with reserve of Rs 1.17 arba in Q4.

Its net interest income has also increased from Rs 1.24 arba in the corresponding quarter last year to Rs 1.49 arba in the fourth quarter of fiscal year 2074/75. Its operating profit has increased to Rs 99.38 crore in Q4, from Rs 88.97 crore in corresponding quarter.

Earnings per Share (EPS) stand at Rs 66.39. CBBL’s non-performing loan (NPL) has increased to 0.11 percent in the last quarter. The Net worth per share stands at Rs 104.97 as per the fourth quarter report.

Major Highlights:

Particulars (In Rs '000)

CBBL

Q4 2074/75

Q4 2073/74

Difference

Paid Up Capital

1,000,000

834,071

19.89%

Reserve & Surplus

1,179,002

954,691

23.50%

Deposits

11,929,672

9,068,311

31.55%

Borrowings

4,431,722

3,930,394

12.76%

Loans & Advances

16,586,260

12,514,202

32.54%

Net Interest Income

1,491,331

1,246,420

19.65%

Provision for possible losses

65,464

61,448

6.54%

Operating Profit

993,876

889,785

11.70%

Net Profit

663,896

576,416

15.18%

NPL

0.11

0.09

22.22%

Annualized EPS (In Rs.)

66.39

69.11

-3.93%

Net Worth per Share (In Rs.)

217.90

214.46

1.60%

P/E Ratio (In times)

13.21

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