Global IME Laghubitta's Q4 Highlights: Net Profit rises by 10.05%; EPS at Impressive Rs 45.34 and NPL declined to 1.64%
Tue, Jul 26, 2022 8:00 AM on Financial Analysis, Latest,
Global IME Laghubitta Bittiya Sanstha Limited (GILB) published the fourth-quarter report of FY 2078/2079 with a growth of 10.05% in Net Profit. As per the report published by the company, the net profit increased to Rs. 25.05 crore as compared to Rs. 22.76 crore in the corresponding quarter of the previous year.
The borrowings of the company increased by 1.10% to Rs. 4.63 Arba which was Rs. 4.58 Arba in the corresponding quarter of the previous year. The deposits of the company increased by 38.46% to Rs 2.96 arba. The company’s loans and advances have also increased by a satisfactory 33.74% to 8.24 Arba in this quarter.
The net interest income (core revenue) has increased by 25.31% to Rs. 56.78 crores compared to Rs. 45.31 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 55.25 crores in this quarter and its reserve and surplus stood at Rs. 46.09 crores which is an increase of 33.45% in this quarter.
The company NPL declined to 1.64% from 2.66%.
Its earnings per share (EPS) stand at Rs. 45.34. The net worth per share is Rs. 183.42. The company traded at a P/E multiple of 28.65 times.
Major Highlights:
|
Global IME Labhubitta | |||
|---|---|---|---|---|
| Q4 2078/79 | Q4 2077/78 | Difference | ||
| Paid Up Capital | 552,589 | 431,710 | 28.00% | |
| Reserve & Surplus | 460,997 | 345,455 | 33.45% | |
| Borrowings | 4,634,139 | 4,583,775 | 1.10% | |
| Deposits | 2,961,271 | 2,138,682 | 38.46% | |
| Loans & Advances | 8,242,146 | 6,162,602 | 33.74% | |
| Net Interest Income | 567,863 | 453,171 | 25.31% | |
| Staff Expenses | 237,018 | 140,245 | 69.00% | |
| Provision for possible losses | 16,735 | 68,948 | - | |
| Operating Profit | 397,654 | 313,294 | - | |
| Write Back | 0 | 42,565 | - | |
| Net Profit | 250,522 | 227,654 | 10.05% | |
| Capital Adequacy (%) | 12.30 | 12.60 | -2.38% | |
| NPL (%) | 1.64 | 2.66 | - | |
| Cost of Fund (%) | 9.36 | 5.94 | 57.58% | |
| EPS (In Rs.) | 45.34 | 52.73 | -14.03% | |
| Net Worth per Share (In Rs.) | 183.42 | 180 | 1.89% | |
| Qtr end PE Ratio (times) | 28.65 | - | - | |
| Qtr End Market Price | 1299 | - | - | |
