Despite Increment in Business Volume RMDC Reported Decline in Net Interest Income and Net Profit in Q4
Fri, Jul 30, 2021 7:24 AM on Latest, Company Analysis,
RMDC Laghubitta Bittiya Sanstha (RMDC) has published its fourth quarterly report of FY 2077/2078 with a decline in Net Profit by 18.68%. The company's net profit decreased to Rs. 23.25 crores as compared to Rs. 28.60 crores in the corresponding quarter of the previous year.
The borrowing of the company has increased to Rs. 32.59 Arba. The company has floated loans of Rs. 11.81 Arba in the fourth quarter of the fiscal year 2077/2078.
The net interest income of the company has declined by 12.24% compared to the corresponding quarter of the previous year and stood at Rs. 40.39 crores in Q4, 2077/2078.
RMDC Laghubitta's paid-up capital stood at Rs. 1.03 Arba with a reserve and surplus of Rs. 1.74 Arba in the fourth quarter of the fiscal year 2077/2078.
Its earnings per share (EPS) stood at Rs. 22.49 and net worth per share stood at Rs. 269.03. The company’s non-performing loan stood at 0.05%. The company traded at a PE multiple of 61.06 times during the report preparation.
Major Highlights:
|
Particulars |
RMDC Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q4, 2077/2078 |
Q4, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
1,034,221.94 |
1,034,222.00 |
0.00% |
|
Reserve & Surplus |
1,748,130.52 |
1,520,657.00 |
14.96% |
|
Borrowings |
9,370,017.71 |
7,066,934.00 |
32.59% |
|
Deposits |
0.00 |
0.00 |
0.00% |
|
Loans & Advances |
11,815,327.96 |
8,068,340.00 |
46.44% |
|
Net Interest Income |
403,930.38 |
460,274.00 |
-12.24% |
|
Provision for possible Losses |
74,671.63 |
0.00 |
- |
|
Write Back of Provision |
0.00 |
166.00 |
- |
|
Net Profit |
232,568.70 |
286,008.00 |
-18.68% |
|
Capital Adequacy (%) |
20.98% |
26.00% |
- |
|
NPL (%) |
0.05% |
0.01% |
- |
|
Cost of fund (%) |
5.51% |
7.95% |
- |
|
EPS (Rs.) |
22.49 |
27.65 |
- |
|
Net worth per share (Rs.) |
269.03 |
247.03 |
- |
|
Qtr end PE ratio (Times) |
61.06 |
- |
- |
|
Qtr End Market Price |
1373 |
- |
- |
