Excel Development Bank reports 14% rise in net profit; EPS decreases to Rs 20.88
Sun, Nov 4, 2018 7:31 AM on Financial Analysis, Latest, Stock Market,
Birtamode based, Excel Development Bank Limited (EDBL) has posted increase of net profit with 14.65 percent for first quarter (Q1) in the FY 2075/76.
According to the published unaudited financial reports, the development bank faced an increased in its net profit from Rs 3.15 crore in Q1 of the previous FY 74/75 to Rs 3.61 crore in Q1 of the FY 2075/76.
It collected deposit of Rs 7.07 arba while the loans and advances stood at Rs 4.75 arba.
EDBL has paid up capital of Rs 69.26 crore in Q1 of FY 2075/76 and its reserve has gone down from Rs 37.06 crore to Rs 18.16 crore in Q1 of FY 2075/76.
EDBL’s earning per share (EPS) is at Rs 20.88 from Rs 32.80 in the corresponding quarter.
Its net worth per share is at Rs 126.22 and the P/E ratio at 13.93 times.
Major Highlights:
|
Particulars (In Rs '000) |
EDBL |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
692,674 |
384,663 |
80.07% |
|
Reserve & Surplus |
181,618 |
370,677 |
-51.00% |
|
Deposits |
7,072,293 |
4,555,380 |
55.25% |
|
Borrowings |
450,000 |
- |
- |
|
Loans & Advances |
4,755,074 |
3,872,826 |
22.78% |
|
Net Interest Income |
80,575 |
67,118 |
20.05% |
|
Provision for possible losses |
15,189 |
6,011 |
152.66% |
|
Operating Profit |
52,768 |
40,630 |
29.88% |
|
Net Profit |
36,162 |
31,542 |
14.65% |
|
NPL (%) |
0.77 |
1 |
-23.00% |
|
Annualized EPS (In Rs.) |
20.88 |
32.80 |
-36.33% |
|
Net Worth per Share (In Rs.) |
126.22 |
196.36 |
-35.72% |
|
P/E Ratio (In times) |
13.93 |
|
|
.png)
