Deprosc Laghubitta reports net profit of Rs 9.58 crore for Q1 of 2076/77;Annualized EPS at Rs 49.59
Wed, Nov 13, 2019 10:54 AM on Financial Analysis, Latest, Stock Market,
Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has published its unaudited financial report for the first quarter of FY 2076/77. The net profit of the National Level microfinance has increased by 14.89% to Rs 9.58 crore till Q1 from Rs 8.34 crore as compared to the net profit of the corresponding quarter of FY 2075/76.
The microfinance has collected Rs 4.22 arba as deposits till Q1 – an increment of 60.33% from the last year’s corresponding quarter. On the other hand, the company floated loan amount of Rs 12.10 arba with 45.66% growth. The microfinance company’s borrowings stood at Rs 7.30 arba.
The company's net interest income has risen to Rs 23.93 crore with an increment of 29.37%. Similarly, its operating profit grew by 0.25% to Rs 10.98 crore.
The paid-up capital of the bank is Rs 77.34 crore while reserve has increased by 31.43% to Rs. 96.15 crore.
The annualized EPS of the microfinance stands at Rs 49.59 and Net worth per share remains at Rs 224.32 with the P/E ratio of 14.58 times.
Major Highlights:
Particulars (In Rs '000) | Deprosc Laghubitta | ||
---|---|---|---|
Q1 2076/77 | Q1 2075/76 | Difference | |
Paid Up Capital | 773,410 | 703,100 | 10.00% |
Reserve & Surplus | 961,533 | 731,619 | 31.43% |
Deposits | 4,223,137 | 2,634,051 | 60.33% |
Borrowings | 7,309,688 | 5,184,022 | 41.00% |
Loans & Advances | 12,104,069 | 8,309,966 | 45.66% |
Net Interest Income | 239,395 | 185,053 | 29.37% |
Staff Expenses | 100,542 | 70,195 | 43.23% |
Provision for possible losses | 72,091 | 28,608 | 152.00% |
Operating Profit | 109,826 | 109,557 | 0.25% |
Net Profit | 95,881 | 83,457 | 14.89% |
Capital Adequacy (%) | 14.97 | 16.17 | -7.42% |
NPL (%) | 1.25 | 0.62 | 101.61% |
Cost of Fund (%) | 11.26 | 10.33 | 9.00% |
Annualized EPS (In Rs.) | 49.59 | 47.48 | 4.44% |
Net Worth per Share (In Rs.) | 224.32 | ||
Qtr End PE Ratio (times) | 14.58 |