First Microfinance publishes fourth quarter report; Profit increased by 27.43% and EPS stands at Rs 14.93
Wed, Jul 18, 2018 1:52 AM on Financial Analysis, Latest, Stock Market,
First Microfinance Laghubitta Bittiya Sanstha (FMDBL) has reported profit growth of 27.43 percent in the last quarter (Q4) of the current fiscal year 2074/75.
According to the unaudited financial report for the fourth quarter published today, the microfinance has stated that its net profit surged to Rs 10.21 crore in fourth quarter as compared to Rs 8.01 crore in the corresponding quarter of the last fiscal year 2073/74.
The microfinance company’s borrowing has increased from Rs 3.24 arba in the corresponding quarter of the previous year to Rs 3.86 arba in the last quarter of the ongoing fiscal year 2074/2075.
Its net interest income has also increased to Rs 16.59 crore in the Q4 up from Rs 12.42 crore compared to the corresponding quarter of the last fiscal year.
First Microfinance has paid up capital of Rs 68.43 crore and has reserve of Rs 18.44 crore.
FMDBL’s non-performing loan remains zero as stated by the latest financial report.
Its annualized Earning Per Share (EPS) stands at Rs 14.93, net worth per share at Rs.126.95 and P/E ratio at 36.17 times.
Major Highlights:
|
Particulars (In Rs '000) |
FMDBL |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
684,394 |
455,100 |
50.38% |
|
Reserve & Surplus |
184,426 |
59,825 |
208.28% |
|
Deposits |
- |
- |
- |
|
Borrowings |
3,864,701 |
3,241,779 |
19.22% |
|
Loans & Advances |
4,136,408 |
3,404,928 |
21.48% |
|
Net Interest Income |
165,938 |
129,267 |
28.37% |
|
Provision for possible losses |
7,389 |
7,999 |
-7.63% |
|
Operating Profit |
160,552 |
124,237 |
29.23% |
|
Net Profit |
102,176 |
80,179 |
27.43% |
|
NPL (%) |
0 |
0 |
- |
|
Annualized EPS (In Rs.) |
14.93 |
17.62 |
-15.26% |
|
Net Worth per Share (In Rs.) |
126.95 |
113.15 |
12.20% |
|
P/E Ratio (In times) |
36.17 |
- |
- |
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