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Civil Laghubitta’s net profit surged to Rs 1.14 crore in Q4; Reserve increased by 363.03% to Rs 1.43 crore & PE ratio at 70.68 times

Tue, Jul 31, 2018 4:27 AM on Financial Analysis, Latest, Stock Market,
-ShareSansar

Civil Laghubitta Bittiya Sanstha (CLBSL) has reported outstanding profit growth of 84.97 percent in the last quarter (Q4) of the current fiscal year 2074/75.

According to the unaudited financial report for the fourth quarter published today, the microfinance has stated that its net profit surged to Rs 1.14 crore in fourth quarter as compared to Rs 62.13 lakh in the corresponding quarter of the last fiscal year 2073/74.

The microfinance company’s borrowing has increased from Rs 19.92 crore in the corresponding quarter of the previous year to Rs 34.40 crore in the last quarter of the fiscal year 2074/2075.

Its net interest income has also increased to Rs 4.63 crore in the Q4 up from Rs 3.63 crore compared to the corresponding quarter of the last fiscal year.

Civil Laghubitta has paid up capital of Rs 10.97crore. Its reserve has increased by astounding 363.03% to Rs 1.43 crore.

CLBSL’s non-performing loan has increased to 0.78% from 0.61% as stated by the fourth quarter financial report.

Its annualized Earning Per Share (EPS) stands at Rs 10.47, net worth per share at Rs.113.10 and P/E ratio at 70.68 times.

Major Highlights:

Particulars (In Rs '000)

CLBSL

Q4 2074/75

Q4 2073/74

Difference

Paid Up Capital

109,725

109,725

0.00%

Reserve & Surplus

14,377

3,105

363.03%

Deposits

166,883

102,718

62.47%

Borrowings

344,000

199,231

72.66%

Loans & Advances

583,737

330,785

76.47%

Net Interest Income

46,394

36,350

27.63%

Provision for possible losses

3,934

2,382

65.16%

Operating Profit

17,223

9,640

78.66%

Net Profit

11,492

6,213

84.97%

NPL (%)

0.78

0.61

27.87%

Annualized EPS (In Rs.)

10.47

5.66

84.97%

Net Worth per Share (In Rs.)

113.10

102.83

9.99%

P/E Ratio (In times)

70.68

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