Global IME Laghubitta Reports Impressive Growth In Major Financial Indicators In Q2

Thu, Jan 20, 2022 7:34 AM on Company Analysis, Latest,

Global IME Laghubitta Bittiya Sanstha (GILB) published its second-quarter report of FY 2078/2079 with a 22.25% increase in Net Profit. As per the report published by the company, the net profit increased to Rs. 14.78 crores as compared to Rs. 12.09 crores in the corresponding quarter of the previous year.

The borrowings of the company increased by 47.78% to Rs. 4.65 Arba which was Rs. 3.14 Arba in the corresponding quarter of the previous year. The company’s loans and advances have also increased by 71.64% to 7.69 Arba in this quarter.

The net interest income (core revenue) has increased by 55.99% to Rs. 30.37 crores compared to Rs. 19.47 crores in the corresponding quarter of the previous year.

The paid-up capital of the company increased to Rs. 55.25 crores in this quarter and its reserve and surplus stood at Rs. 36.54 crores which is an increase of 94.43% in this quarter.

Its annualized earnings per share (EPS) stand at Rs. 53.53. The net worth per share is Rs. 166.13 and the company traded at a P/E multiple of 34.47 times.

Click here for the Q2 report

Financial Highlights:

Particulars

Global IME Laghubitta Bittiya Sanstha Limited

Q2, 2078/2079

Q2, 2077/2078

Difference

Paid-Up Capital

552,589.33

330,884.23

67.00%

Reserve & Surplus

365,444.13

187,956.55

94.43%

Borrowings

4,650,168.03

3,146,637.53

47.78%

Deposits

2,526,325.23

1,593,919.33

58.50%

Loans & Advances

7,699,065.61

4,485,639.29

71.64%

Net Interest Income

303,776.54

194,736.09

55.99%

Write Back of Provision

84,043.82

58,800.85

-

Net Profit

147,894.77

120,980.67

22.25%

Capital Adequacy (%)

12.21%

10.79%

-

NPL (%)

1.95%

3.46%

-

Cost of fund (%)

7.14%

5.70%

-

EPS (Rs.)

53.53

73.13

-

Net worth per share (Rs.)

166.13

156.80

-

Qtr end PE ratio (Times)

34.47

-

-

Qtr End Market Price

1845

-

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