Garima Bikas Bank reported satisfactory growth in major indicators in Q4; Look at the major highlights
Thu, Aug 12, 2021 6:10 AM on Company Analysis, Latest,
Garima Bikas Bank Limited (GBBL) has published its fourth-quarter report for the FY 2077/78 with a satisfactory rise in net profit by 42.97%. The bank reported a net profit of Rs. 82.52 crores in this quarter compared to Rs. 57.72 crores in the corresponding quarter of the previous year.
The bank’s deposit from customers reported a growth rate of 50.60% (compared to the immediate previous year ending) to Rs 63.90 arba and loans and advances to customers have increased by 48.60% (compared to the immediate previous year ending) to Rs 51.80 arba in the fourth quarter. The net interest income of the bank has increased by 43.84% to Rs 1.93 arba from Rs 1.62 arba of the corresponding quarter.
The bank’s paid-up capital stands at Rs 3.67 arba with Rs 1.61 arba as its reserve and surplus.
The Non-Performing Loan (NPL) stands at 0.72% from 0.79%.
The EPS of the bank stands at Rs 22.45. The net worth per share stands at Rs 144.01 and the qtr end PE ratio stands at 24.23 times.
Major Highlights:
|
Particulars |
Garima Bikas Bank Limited |
||
|---|---|---|---|
|
Q4, 2077/2078 |
Q4, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
3,675,912.50 |
2,755,650.88 |
33.40% |
|
Reserve & Surplus |
1,617,874.27 |
1,107,912.90 |
46.03% |
|
Deposit from Customers |
63,902,087.20 |
42,433,022.22 |
50.60% |
|
Loans & Advances |
51,805,539.91 |
34,861,896.43 |
48.60% |
|
Net Interest Income |
1,936,529.54 |
1,622,326.94 |
19.37% |
|
Impairment Charge/(Reversal) for loans |
402,347.05 |
235,642.20 |
- |
|
Operating Profit |
1,169,092.39 |
812,750.98 |
43.84% |
|
Net Profit |
825,288.16 |
577,255.77 |
42.97% |
|
Capital Adequacy (%) |
11.42% |
13.87% |
- |
|
NPL (%) |
0.72% |
0.79% |
- |
|
Cost of fund (%) |
6.17% |
7.16% |
- |
|
EPS (Rs.) |
22.45 |
20.95 |
- |
|
Net worth per share (Rs.) |
144.01 |
140.21 |
- |
|
Qtr end PE ratio (Times) |
24.23 |
- |
- |
|
Qtr End Market Price |
544 |
- |
- |
