Goodwill Finance Company reported decline in net profit in Q2; Look at the major highlights
Fri, Jan 29, 2021 8:55 AM on Latest, Company Analysis,
Goodwill Finance Company Limited (GFCL) reported decline in net profit by 7.69% in Q2 of FY 2077/2078. The profit declined to Rs. 5.54 crores while the net profit was Rs. 6.01 crores in corresponding quarter of previous year.
It reported net interest income (core business revenue) of Rs. 8.20 crores in Q2. This is a decrease by 28.92% compared to corresponding quarter of previous year.
The bank has collected deposits of Rs. 8.30 Arba while it has mobilized loans and advances of Rs. 7.08 Arba till Q2 of FY 2077/2078.
Goodwill Finance has a paid-up capital of Rs. 86.72 crores and reported Rs. 46.88 crores as reserve & Surplus.
The Earnings per Share (annualized) stood at Rs. 12.80 and net worth per share stands at Rs. 154.07. The P/E ratio stood at 17.50 times.
Major Highlights:
|
Particulars |
Goodwill Finance Company Limited |
||
|---|---|---|---|
|
Q2, 2077/2078 |
Q2, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
867,200.00 |
800,000.00 |
8.40% |
|
Reserve & Surplus |
468,898.24 |
499,151.38 |
-6.06% |
|
Deposit from Customers |
8,306,668 |
7,925,364 |
4.81% |
|
Loans & Advances |
7,083,531 |
6,027,480 |
17.52% |
|
Net Interest Income |
82,042.44 |
115,417.73 |
-28.92% |
|
Impairment Charge/(Reversal) for loans |
33,642.42 |
3,448.24 |
- |
|
Operating Profit |
78,468 |
85,486.80 |
-8.21% |
|
Net Profit |
55,491.36 |
60,113.63 |
-7.69% |
|
Capital Adequacy (%) |
17.03% |
17.72% |
- |
|
NPL (%) |
1.38% |
1.25% |
- |
|
Cost of fund (%) |
7.48% |
9.57% |
- |
|
EPS (Rs.) |
12.80 |
15.03 |
- |
|
Net worth per share (Rs.) |
154.07 |
162.39 |
- |
|
Qtr end PE ratio (Times) |
17.50 |
- |
- |
|
Qtr End Market Price |
224 |
- |
- |
