Despite Impressive Rises in Loan/advances and NII; Sadhana Laghubitta's Net Profit Decline by 0.83% in Q4
Sun, Jul 31, 2022 6:10 AM on Financial Analysis, Latest,
Sadhana Laghubitta Bittiya Sanstha Limited (SDLBSL) published the fourth-quarter report of FY 2078/2079 with a decline of 0.83% in Net Profit. As per the report published by the company, the net profit slightly decreased to Rs. 11.61 crore as compared to Rs. 11.70 crore in the corresponding quarter of the previous year.
The borrowings of the company increased by 33.50% to Rs. 3.68 Arba which was Rs. 2.75 Arba in the corresponding quarter of the previous year. The deposits of the company increased by 60.70% to Rs 1.34 arba. However, The company’s loans and advances increased by 65.10% to 5.39 Arba in this quarter.
The net interest income- NII (core revenue) has increased by 19% to Rs. 28.87 crores compared to Rs. 24.26 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 32.12 crores in this quarter and its reserve and surplus stood at Rs. 17.57 crores which is an increase of 30.78% in this quarter.
The company NPL slightly declined to 1.92% from 2.02%. Its cost of funds rises sharply to 10.40% from 5.04% and capital adequacy stands at 8.98%
Its earnings per share (EPS) stand at Rs. 36.15. The net worth per share is Rs. 154.71. The company traded at a P/E multiple of 30.98 times.
Major Highlights:
|
Sadhana Laghubitta | |||
|---|---|---|---|---|
| Q4 2078/79 | Q4 2077/78 | Difference | ||
| Paid Up Capital | 321,226 | 256,980 | 25.00% | |
| Reserve & Surplus | 175,730 | 134,369 | 30.78% | |
| Borrowings | 3,680,816 | 2,757,074 | 33.50% | |
| Deposits | 1,342,190 | 835,223 | 60.70% | |
| Loans & Advances | 5,390,307 | 3,264,908 | 65.10% | |
| Net Interest Income | 288,777 | 242,669 | 19.00% | |
| Staff Expenses | 148,776 | 91,658 | 62.32% | |
| Provision for possible losses | 25,139 | 37,411 | -32.80% | |
| Operating Profit | 148,050 | 152,072 | -2.64% | |
| Write Back | 36,276 | 33,793 | - | |
| Net Profit | 116,126 | 117,095 | -0.83% | |
| Capital Adequacy (%) | 8.98 | 10.67 | -15.84% | |
| NPL (%) | 1.92 | 2.02 | - | |
| Cost of Fund (%) | 10.40 | 5.04 | 106.35% | |
| EPS (In Rs.) | 36.15 | 45.57 | -20.66% | |
| Net Worth per Share (In Rs.) | 154.71 | 152 | 1.59% | |
| Qtr end PE Ratio (times) | 30.98 | - | - | |
| Qtr End Market Price | 1120 | - | - | |
