First Microfinance Laghubitta's EPS rises by 31.31% to Rs 19.46 in Q4; PE ratio stands at 19.27 times
Thu, Jul 18, 2019 7:39 AM on Company Analysis, Latest,
First Microfinance Laghubitta Bittya Sanstha Limited (FMDBL) has reported a profit growth of 31.31% in the fourth quarter of the current fiscal year 2075/76.
According to the unaudited financial report for the fourth quarter published today, the wholesale micro finance has stated that its net profit increased to Rs 13.32 crore till the fourth quarter as compared to Rs 10.14 crore in the corresponding quarter of the last fiscal year (2074/75).
The borrowing of the micro finance has increased from Rs 4.75 arba in the corresponding quarter of the previous year to Rs 5.14 arba till the fourth quarter of the current fiscal year.
The net interest income has increased to Rs 21.23 crore in the fourth quarter of fiscal year 2075/2076 from Rs 16.58 crore compared to the corresponding quarter of the last fiscal year. The micro finance company has an operating profit of Rs 21.14 crore and has provisioned Rs 1.38 crore for possible losses.
First Micro finance’s paid-up capital stands at Rs 68.43 crore till the fourth quarter of FY 75/76. Its reserve & surplus rises to Rs 23.14 crore in fourth quarter from Rs 9.81 crore in the corresponding quarter of last fiscal year.
It’s Earnings per Share (EPS) has increased by 31.31% to Rs 19.46 from Rs 14.82 in the corresponding quarter of last fiscal year. The net worth per share stands at Rs 133.81 and P/E ratio at 19.27 times.
Major Highlights:
|
Particulars (In Rs '000) |
First Microfinance |
||
|---|---|---|---|
|
Q4 2075/76 |
Q4 2074/75 |
Difference |
|
|
Paid Up Capital |
684,394.00 |
684,394.00 |
0.00% |
|
Reserve & Surplus |
231,406.00 |
98,189.00 |
135.67% |
|
Deposits |
- |
- |
- |
|
Borrowings |
5,144,216.00 |
4,753,255.00 |
8.23% |
|
Loans & Advances |
5,507,338.00 |
4,136,408.00 |
33.14% |
|
Net Interest Income |
212,398.00 |
165,849.00 |
28.07% |
|
Staff Expenses |
18,100.00 |
16,700.00 |
8.38% |
|
Provision for possible losses |
13,848.00 |
7,389.00 |
- |
|
Operating Profit |
211,454.00 |
159,453.00 |
32.61% |
|
Net Profit |
133,216.00 |
101,452.00 |
31.31% |
|
Capital Adequacy (%) |
16.96 |
18.98 |
-10.64% |
|
NPL (%) |
0.00 |
0.00 |
0.00% |
|
Cost of Fund (%) |
10.31 |
9.55 |
7.96% |
|
Annualized EPS (In Rs.) |
19.46 |
14.82 |
31.31% |
|
Net Worth per Share (In Rs.) |
133.81 |
114.35 |
17.02% |
|
PE Ratio (times) |
19.27 |
- |
- |
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