Garima Bikas Bank reported fair growth in its business volume till Q2; Look at the major highlights
Wed, Jan 27, 2021 8:45 AM on Latest, Company Analysis,
Garima Bikas Bank Limited (GBBL) reported a net profit of Rs. 39.35 crores in the second quarter of the fiscal year 2077/2078. The profit increased by 20.91% compared to the corresponding quarter of previous year.
Its net interest income increased to Rs. 84.26 crores till Q2 from Rs. 80.62 crores in the corresponding quarter previous year. The bank has collected deposits of Rs. 53.05 Arba while it has mobilized loans and advances of Rs. 44.16 Arba till Q2.
Garima Bikas Bank has a paid-up capital of Rs. 3.23 Arba and reserve of Rs. 1.55 Arba. the reserve and surplus increased by a massive 40.51%
Its non-performing loan (NPL) stood at 0.94%.
The Earnings per Share (annualized) increased to Rs. 24.31 and net worth per share stands at Rs. 148.07. Its P/E ratio stands at 13.37 times.
Major Highlights:
|
Particulars |
Garima Bikas Bank Limited |
||
|---|---|---|---|
|
Q2, 2077/2078 |
Q2, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
3,238,689.43 |
3,238,689.43 |
- |
|
Reserve & Surplus |
1,556,759.69 |
1,107,912.90 |
40.51% |
|
Deposit from Customers |
53,051,832.19 |
42,433,022.22 |
25.02% |
|
Loans & Advances |
44,164,245.38 |
34,861,896.43 |
26.68% |
|
Net Interest Income |
842,634.47 |
806,201.43 |
4.52% |
|
Impairment Charge/(Reversal) for loans |
184,875.21 |
79,901.96 |
131.38% |
|
Operating Profit |
562,271.49 |
465,050.19 |
20.91% |
|
Net Profit |
393,590.04 |
325,535.13 |
20.91% |
|
Capital Adequacy (%) |
12.06% |
13.78% |
- |
|
NPL (%) |
0.94% |
0.39% |
- |
|
Cost of fund (%) |
6.35% |
8.51% |
- |
|
EPS (Rs.) |
24.31 |
20.10 |
- |
|
Net worth per share (Rs.) |
148.07 |
134.21 |
- |
|
Qtr end PE ratio (Times) |
13.37 |
- |
- |
|
Qtr End Market Price |
325 |
- |
- |
