Civil Laghubitta's earn Rs 1.26 crore with 9.02% growth in Q3; Non Performing loan rises to 2.66%
Tue, May 5, 2020 9:16 AM on Financial Analysis, Latest,
Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has reported profit growth of 9.02% in the third quarter of the fiscal year 2076/77. The growth in profit is mainly due to write back of Rs 95.48 lakh in this quarter. As per quarterly report published today, the company has earned Rs 1.26 crore.
The borrowing of the microfinance has increased from Rs 49.65 Crore in the corresponding quarter of the previous year to Rs 73.44 Crore till the third quarter of the current fiscal year.
The net interest income has increased to Rs 5.92 Crore in the third quarter of fiscal year 2076/2077 from Rs 4.52 Crore compared to the corresponding quarter of the last fiscal year. The microfinance company has an operating profit of Rs 93.18 Lakhs which decline by 49.03% and has provisioned Rs.1.20 crore for possible losses.
Civil Laghubitta’s paid-up capital stands at Rs 11.41 Crore till the third quarter of FY 76/77. Its reserve & surplus rises to Rs 3.84 Crore in the third quarter from Rs 1.65 Crore in the corresponding quarter of last fiscal year.
It’s annualized earnings per share (EPS) stands at Rs 14.82. The net worth per share stands at Rs 133.73 and the quarter-end P/E ratio at 70.30 times.
CLBSL is issuing 11.41 lakh units right shares at the ratio of 1:1. The company will raise Rs 11 crore 41 lakh 14 thousand from the issue. Post right share and FY 2075/76 proposed 5% bonus share, the paid-up capital will be Rs 23.40 crore.
Major Highlights:
|
Particulars (In Rs '000) |
Civil Laghubitta |
||
|---|---|---|---|
|
Q3 2076/77 |
Q3 2075/76 |
Difference |
|
|
Paid Up Capital |
114,114.00 |
114,114.00 |
0.00% |
|
Reserve & Surplus |
38,496.00 |
16,504.00 |
133.25% |
|
Borrowings |
734,435.00 |
496,531.00 |
47.91% |
|
Deposits |
384,297.00 |
235,210.00 |
- |
|
Loans & Advances |
1,254,066.00 |
876,035.00 |
43.15% |
|
Net Interest Income |
59,224.00 |
45,239.00 |
30.91% |
|
Staff Expenses |
45,876.00 |
26,693.00 |
71.87% |
|
Provision for possible losses |
12,068.00 |
7,304.00 |
- |
|
Operating Profit |
9,318.00 |
18,283.00 |
-49.03% |
|
Net Profit |
12,685.00 |
11,635.00 |
9.02% |
|
Capital Adequacy (%) |
10.93 |
15.66 |
-30.20% |
|
NPL (%) |
2.66 |
1.29 |
- |
|
Cost of Fund (%) |
10.14 |
10.93 |
-7.23% |
|
EPS (In Rs.) |
14.82 |
13.59 |
9.02% |
|
Net Worth per Share (In Rs.) |
133.73 |
114.46 |
16.84% |
|
Qtr end PE Ratio (times) |
70.30 |
- |
- |
|
Qtr End Market Price |
1042 |
- |
- |
