Due to decline in core business income RMDC Laghubitta's net profit decline by 38.04%; EPS stands at Rs 22.45
Tue, May 5, 2020 9:45 AM on Financial Analysis, Latest, Stock Market,
RMDC Laghubitta Bittiya Sanstha Limited (RMDC) has published its unaudited financial report for the third quarter of the fiscal year 2076/77. RMDC has earned a net profit of Rs 15.14 Crore till the end of Q3 in this fiscal year 2076/77. As per the report, the profit has fallen by 38.04% as compared to the same period last year.
Its borrowings have increased to Rs 7.72 Arba. The company has floated Rs 8.38 Arba worth of loans and has set aside Rs 18.74 lakhs as provision for possible losses.
The company earned Rs 24.48 Crore as net interest income (core business income) which decline by 29.83% and Rs 23.81 Crore as operating profit for the end of the third quarter. The NPL of the company stands at 0.0083%.
As of Q3, RMDC has a paid-up capital of Rs 89.93 Crore with a reserve of Rs 1.56 Arba. Its net worth per share stands at Rs 273.70. Likewise, its annualized EPS stands at Rs 22.45. The PE Ratio stands at 26.28 times.
Major Highlights:
|
Particulars (In Rs '000) |
RMDC Laghubitta |
||
|---|---|---|---|
|
Q3 2076/77 |
Q3 2075/76 |
Difference |
|
|
Paid Up Capital |
899,323.43 |
799,398.60 |
12.50% |
|
Reserve & Surplus |
1,562,162.05 |
1,528,704.36 |
2.19% |
|
Borrowings |
7,723,172.54 |
6,421,207.82 |
20.28% |
|
Deposits |
|
|
- |
|
Loans & Advances |
8,387,751.20 |
7,814,289.12 |
7.34% |
|
Net Interest Income |
244,864.56 |
348,940.17 |
-29.83% |
|
Staff Expenses |
24,497.55 |
23,532.60 |
4.10% |
|
Provision for possible losses |
1,874.79 |
9,734.53 |
- |
|
Operating Profit |
238,141.51 |
346,689.62 |
-31.31% |
|
Net Profit |
151,449.62 |
244,448.05 |
-38.04% |
|
Capital Adequacy (%) |
23.96 |
24.71 |
-3.04% |
|
NPL (%) |
0.0083 |
0.00 |
- |
|
Cost of Fund (%) |
9.36 |
8.75 |
6.97% |
|
EPS (In Rs.) |
22.45 |
40.77 |
-44.93% |
|
Net Worth per Share (In Rs.) |
273.70 |
291.23 |
-6.02% |
|
Qtr end PE Ratio (times) |
26.28 |
- |
- |
|
Qtr End Market Price |
590 |
- |
- |
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