Civil Laghubitta's earn Rs 1.63 crore with 45.31% growth in Q4; EPS and PE stands at Rs 14.36 and 38.65 times

Fri, Aug 9, 2019 6:17 AM on Financial Analysis, Latest, Stock Market,

Civil Laghubitta Bittya Sanstha Limited (CLBSL) has reported a profit growth of 45.31% in the fourth quarter of the fiscal year 2075/76.

According to the unaudited financial report for the fourth quarter published today, the micro finance company has stated that its net profit increased to Rs 1.63 crore till the fourth quarter as compared to Rs 1.12 crore in the corresponding quarter of the last fiscal year (2074/75).

The borrowing of the micro finance has increased from Rs 34.40 crore in the corresponding quarter of the previous year to Rs 61.48 crore till the fourth quarter of the last fiscal year.

The net interest income has increased to Rs 6.46 crore in the fourth quarter of fiscal year 2075/2076 from Rs 4.63 crore compared to the corresponding quarter of the last fiscal year. The micro finance company has an operating profit of Rs 1.97 crore and has provisioned Rs 1.53 crore for possible losses.

Civil Laghubitta’s paid-up capital stands at Rs 11.41 crore till the fourth quarter of FY 75/76. Its reserve & surplus rises to Rs 2.12 crore in fourth quarter from Rs 57.07 lakhs in the corresponding quarter of last fiscal year.

It’s Earnings per Share (EPS) stands at Rs 14.36. The net worth per share stands at Rs 118.63 and quarter end P/E ratio at 38.65 times.

Major Highlights:

Particulars (In Rs '000)

Civil Laghubitta

Q4 2075/76

Q4 2074/75

Difference

Paid Up Capital

114,114.00

114,114.00

0.00%

Reserve & Surplus

21,258.00

5,707.00

272.49%

Borrowings

614,830.00

344,000.00

78.73%

Deposits

271,098.00

166,885.00

62.45%

Loans & Advances

1,021,543.00

575,257.00

77.58%

Net Interest Income

64,617.00

46,381.00

39.32%

Staff Expenses

39,810.00

24,552.00

62.15%

Provision for possible losses

15,300.00

3,668.00

-

Operating Profit

19,772.00

17,218.00

14.83%

Net Profit

16,388.00

11,278.00

45.31%

Capital Adequacy (%)

13.88

20.53

-32.39%

NPL (%)

1.34

0.78

71.79%

Cost of Fund (%)

10.93

6.45

69.46%

EPS (In Rs.)

14.36

9.88

45.31%

Net Worth per Share (In Rs.)

118.63

105.00

12.98%

Qtr End PE Ratio (times)

38.65

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