Ganapati Laghubitta Reports 171.71% Surge in Net Profit in Q3 FY 2081/82; EPS Reached To Rs. 20.51
Mon, May 5, 2025 9:26 AM on Financial Analysis, Highlight News, Company Analysis,
Ganapati Laghubitta Limited (GMFBS) has posted a remarkable net profit of Rs. 2.33 crores in the third quarter of FY 2081/82, reflecting a 171.71% growth compared to the same period last fiscal year. The Earnings Per Share (EPS) also rose significantly to Rs. 20.51 from Rs. 7.55.
The microfinance institution’s Net Interest Income soared by 373.28% to reach Rs. 12.01 crores, driven by reduced cost of funds and improved interest spreads. Meanwhile, operating profit climbed to Rs. 3.33 crores, aided by a 63.56% drop in impairment charges.
However, the report also highlighted an increase in Non-Performing Loans (NPL) to 5.94%, up from 4.94%, raising concerns over asset quality. Despite this, the institution maintained a healthy capital adequacy ratio of 8.61% and boosted its net worth per share to Rs. 164.80.
On the market front, the company’s stock closed at Rs. 1,614.34, translating to a quarter-end P/E ratio of 78.72 times, indicating strong investor expectations.
Major Highlights:
* Figure is of the Immediate Fiscal Year Ending
| Particulars (In Rs '000) | Ganapati Laghubitta | ||
|---|---|---|---|
| Q3 2081/82 | Q3 2080/81 | Difference | |
| Paid Up Capital | 151,554.53 | 151,554.53* | 0.00% |
| Retained Earnings | 17,741.61 | -5,106.14* | - |
| Reserves | 80,467.42 | 73,755.60* | 9.10% |
| Borrowings | 1,660,894.05 | 1,443,480.41* | 15.06% |
| Deposits | 471,554.91 | 475,256.39* | -0.78% |
| Loans & Advances to Customers | 2,211,736.10 | 2,080,391.70* | 6.31% |
| Net Interest Income | 120,118.62 | 25,379.77 | 373.28% |
| Personnel Expenses | 77,200.05 | 69,595.10 | 10.93% |
| Impairment Charges | 6,443.92 | 17,681.56 | -63.56% |
| Operating Profit | 33,300.33 | 12,255.85 | 171.71% |
| Net Profit | 23,310.23 | 8,579.10 | 171.71% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 8,417.51 | ||
| Capital Adequacy (%) | 8.61 | 8.35 | 3.11% |
| NPL (%) | 5.94 | 4.94 | 20.24% |
| Cost of Fund (%) | 7.57 | 9.81 | -22.83% |
| EPS (In Rs.) | 20.51 | 7.55 | 171.71% |
| Net Worth per Share (In Rs.) | 164.80 | 145.30 | 13.42% |
| Qtr end PE Ratio (times) | 78.72 | - | - |
| Qtr End Market Price | 1614.34 | - | - |
