Excel Development Bank earns Rs 15.66 crore net profit in the fourth quarter; EPS stands at Rs 22.61
Thu, Aug 2, 2018 2:42 AM on Financial Analysis, Latest, Stock Market,
Birtamode based, Excel Development Bank Limited (EDBL) has posted slight increase of net profit with 4.09 percent for fourth quarter (Q4) in the FY 2074/75.
According to the published unaudited financial reports, the development bank faced an incline in its net profit from Rs 15.04 crore in Q4 of the previous FY 73/74 to Rs 15.66 crore in Q4 of the FY 2074/75.
EDBL has paid up capital of Rs 69.26 crore in Q4 of FY 2074/75 and its reserve has gone up from Rs 12.02 crore to Rs 26.83 crore in Q4 of FY 2074/75 with a massive growth of 123.22 percent.
EDBL’s earning per share (EPS) is at Rs 22.61 from Rs 30.07 in the corresponding quarter.
Its net worth per share is at Rs 138.74 and the P/E ratio at 14.42 times.
Major Highlights:
Particulars (In Rs '000) |
EDBL |
||
---|---|---|---|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
Paid Up Capital |
692,674 |
500,393 |
38.43% |
Reserve & Surplus |
268,313 |
120,200 |
123.22% |
Deposits |
5,235,336 |
4,620,634 |
13.30% |
Borrowings |
- |
- |
- |
Loans & Advances |
4,297,583 |
3,821,039 |
12.47% |
Net Interest Income |
338,892 |
314,565 |
7.73% |
Provision for possible losses |
34,825 |
13,288 |
162.09% |
Operating Profit |
212,701 |
233,478 |
-8.90% |
Net Profit |
156,601 |
150,449 |
4.09% |
NPL (%) |
0.62 |
1.02 |
-39.22% |
Annualized EPS (In Rs.) |
22.61 |
30.07 |
-24.81% |
Net Worth per Share (In Rs.) |
138.74 |
124.02 |
11.86% |
P/E Ratio (In times) |
14.42 |
- |
- |