CYC Nepal Laghubitta's Net Profit Soars Over 208% in Q4; EPS Hits Rs. 44.09
Sun, Aug 3, 2025 8:31 AM on Financial Analysis, Company Analysis, Latest,
CYC Nepal Laghubitta Bittiya Sanstha Limited (CYCL) has published its unaudited financial results for the fourth quarter of fiscal year 2081/82, showing a significant improvement in profitability and financial indicators. The company recorded a net profit of Rs. 11.74 crore, a sharp increase of 208.44% compared to Rs. 3.81 crore in the same quarter of the previous fiscal year.
The company’s net interest income rose by 41.30%, reaching Rs. 45.03 crore, up from Rs. 31.87 crore a year ago. Loans and advances to customers increased by 4.96%, totaling Rs. 625.52 crore, while total borrowings climbed by 8.02% to Rs. 310.39 crore.
Operating profit stood at Rs. 16.27 crore, up by 250.52% from Rs. 4.64 crore in the previous fiscal year. The company managed to keep personnel expenses largely stable, with only a 0.77% rise to Rs. 24.6 crore. Impairment charges for loans and advances decreased by 8.81% to Rs. 2.02 crore, further contributing to the rise in profitability.
The microfinance institution's retained earnings jumped by 384.85% to Rs. 11.33 crore, while reserves climbed by 5.84% to Rs. 35.86 crore. After profit and loss appropriation and regulatory adjustments, the company posted a distributable profit of Rs. 9.10 crore, compared to zero distributable profit in the corresponding quarter last year.
Key performance ratios also showed improvement. The capital adequacy ratio increased to 9.31% from 8.85%, while the non-performing loan (NPL) ratio dropped to 4.54%, down from 4.95%. The cost of fund decreased significantly by 26.25%, settling at 7.39%.
From a shareholder perspective, the company delivered an earnings per share (EPS) of Rs. 44.09, up from Rs. 14.30 in the previous year. The net worth per share rose by 17.46% to Rs. 277.17. As of the quarter-end, the market price of CYC Nepal Laghubitta’s stock stood at Rs. 1,725, with a Price-to-Earnings (PE) ratio of 39.12 times.
Major Financial Highlights:
* Figures are of Immediate Previous Year Quarter Ending
| Particulars (In Rs '000) | CYC Nepal Laghubitta | ||
|---|---|---|---|
| Q4 2081/82 | Q4 2080/81 | Difference | |
| Paid Up Capital | 266,424.39 | 266,424.39* | 0.00% |
| Share Premium | 0.00 | 0.00 | - |
| Retained Earnings | 113,349.64 | 23,378.11* | 384.85% |
| Reserves | 358,684.09 | 338,876.93* | 5.84% |
| Loans & Advances to Customers | 6,255,214.93 | 5,959,722.90* | 4.96% |
| Borrowings | 3,103,853.80 | 2,873,449.86* | 8.02% |
| Net Interest Income | 450,390.32 | 318,755.14 | 41.30% |
| Personnel Expenses | 246,025.24 | 244,141.23 | 0.77% |
| Impairment Charges/Reversal for loans and Advances | 20,202.14 | 22,153.79 | -8.81% |
| Operating Profit | 162,721.41 | 46,422.41 | 250.52% |
| Net Profit | 117,478.31 | 38,088.09 | 208.44% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 91,045.69 | 0.00 | - |
| Capital Adequacy (%) | 9.31 | 8.85 | 5.20% |
| NPL (%) | 4.54 | 4.95 | -8.28% |
| Cost of Fund (%) | 7.39 | 10.02 | -26.25% |
| EPS (In Rs.) | 44.09 | 14.30 | 208.44% |
| Net Worth per Share (In Rs.) | 277.17 | 235.97 | 17.46% |
| Qtr end PE Ratio (times) | 39.12 | - | - |
| Qtr End Market Price | 1725 | - | - |
