EPS of Deprosc Laghubitta decreases with decrease in net profit and increase in capital; Earns net profit of Rs 17.75 crore in the third quarter

Fri, May 11, 2018 2:40 AM on Financial Analysis, Latest, Stock Market,

Deprosc Laghubitta Bikas Bank (DDBL) has also published its unaudited financial report for Q3 of the FY 2074/75. The net profit of the microfinance has decreased by 14.88% to Rs 17.75 crore.

The net profit for Q3 of FY 2073/74 was Rs 20.85 crore.

The microfinance has collected Rs 2.17 arba as deposits in Q3 while it floated Rs 7.11 arba as loans and advances.

The paid up capital of the bank is Rs 70.31 crore while Rs 45.90 crore remains in its reserve. It had proposed 16% bonus share form the net profit of FY 2073/74. The paid up capital has reached 70.31 crore after the issuance of 16% bonus shares.

The annualized EPS of the microfinance stands at Rs 33.67 and Net worth per share remains at Rs 165.29. The P/E ratio of DDBL is Rs 21.76 times.

Major Highlights:

Particulars (In Rs '000)

DDBL

Q3 2074/75

Q3 2073/74

Difference

Paid Up Capital

703,100

348,197

101.93%

Reserve & Surplus

459,072

389,664

17.81%

Deposits

2,171,099

1,530,547

41.85%

Borrowings

4,236,022

2,897,384

46.20%

Loans & Advances

7,110,246

5,067,798

40.30%

Net Interest Income

812,928

637,527

27.51%

Provision for possible losses

76,753

59,025

30.03%

Operating Profit

230,111

281,869

-18.36%

Net Profit

177,541

208,582

-14.88%

NPL (%)

0.79

0.7

12.86%

Annualized EPS (In Rs.)

33.67

79.87

-57.85%

Net Worth per Share (In Rs.)

165.29

211.91

-22.00%

P/E Ratio (In times)

21.76

-

-