Deprosc Laghubitta’s profit declines by 9.34%; EPS & Net worth per share stand at Rs 33.90 and 173.56 in the fourth quarter respectively

Thu, Aug 9, 2018 1:38 AM on Financial Analysis, Latest, Stock Market,

Deprosc Laghubitta Bikas Bank (DDBL) has published its unaudited financial report for Q4 of the FY 2074/75. The net profit of the microfinance has decreased by 9.34% to Rs 23.83 crore. The net profit for Q4 of FY 2073/74 was Rs 26.29 crore.

The microfinance has collected Rs 2.41 arba as deposits in Q4 while it floated Rs 7.75 arba as loans and advances.The microfinance company’s borrowings stood at Rs 4.65 arba

The paid up capital of the bank is Rs 70.31 crore while Rs 51.71 crore remains in its reserve. ;

The EPS of the microfinance stands at Rs 33.90 and Net worth per share remains at Rs 173.56. The P/E ratio of DDBL is Rs 22.12 times.

Major Highlights:

Particulars (In Rs '000)

DDBL

Q4 2074/75

Q4 2073/74

Difference

Paid Up Capital

703,100

606,121

16.00%

Reserve & Surplus

517,189

451,985

14.43%

Deposits

2,410,393

1,673,626

44.02%

Borrowings

4,658,793

3,072,220

51.64%

Loans & Advances

7,756,177

5,447,846

42.37%

Net Interest Income

625,789

605,461

3.36%

Provision for possible losses

107,593

85,168

26.33%

Operating Profit

305,096

352,268

-13.39%

Net Profit

238,350

262,905

-9.34%

NPL

0.75

0.72

4.17%

Annualized EPS (In Rs.)

33.90

43.38

-21.84%

Net Worth per Share (In Rs.)

173.56

174.57

-0.58%

P/E Ratio (In times)

22.12

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