Grameen Bikas earns Rs 16.44 crore till Q3; right adjusted EPS stands at Rs 22.31 and capital to reach Rs 98.25 crore after 50% right share
Sun, May 5, 2019 7:16 AM on Financial Analysis, Latest, Stock Market,
Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) posted an increase of 14.37% net profits as per the Q3 report posted by the company today. The net profit stands at Rs 16.44 crore as compared to Rs 14.37 crore posted previous year.
The net interest income of the company increased by 11.08% to Rs 66.53 crore till Q3.
Its deposit has increased by 18.88% to Rs 3.09 arba till Q3. Similarly, the bank has increased its credit disbursement by 13.66% to Rs 9.68 arba till Q3.
Its paid up capital stands at Rs 65.50 crore whereas its reserve stands at Rs 56.02 crore.
Its annualized EPS stands at Rs 33.47 and net worth per share stand at Rs 185.54.
Its current capital adequacy is 8.84% which is near NRB minimum standards. This suggests that GBLBS is in shortage of capital funds; for this reason they are in process to issue 50% right shares to its shareholders.
Its quarter end market price is Rs 446 and its quarter end PE is 13.32 times.
The existing paid up capital of company is Rs 65.50 crore and after the 50% right shares issue the paid up capital will rises to Rs 98.25 crore and annualized EPS (right adjusted) will be Rs 22.31.
Major Highlights:
|
Particulars (In Rs '000) |
Grameen Bikas Laghubitta |
||
|---|---|---|---|
|
Q3 2075/76 |
Q3 2074/75 |
Difference |
|
|
Paid Up Capital |
655,000.00 |
655,000.00 |
0.00% |
|
Reserve & Surplus |
560,256.00 |
284,087.00 |
97.21% |
|
Deposits |
3,094,274.00 |
2,602,788.00 |
18.88% |
|
Borrowings |
4,760,040.00 |
4,819,604.00 |
-1.24% |
|
Loans & Advances |
9,683,004.00 |
8,519,332.00 |
13.66% |
|
Net Interest Income |
665,320.00 |
598,946.00 |
11.08% |
|
Staff Expenses |
430,578.00 |
393,442.00 |
9.44% |
|
Provision for possible losses |
91,125.00 |
80,312.00 |
- |
|
Operating Profit |
216,005.00 |
185,995.00 |
16.13% |
|
Net Profit |
164,417.00 |
143,753.00 |
14.37% |
|
Capital Adequacy (%) |
8.84 |
7.30 |
21.10% |
|
NPL (%) |
4.76 |
4.96 |
-4.03% |
|
Cost of Fund (%) |
9.17 |
8.90 |
3.03% |
|
Base Rate (%) |
|||
|
Annualized EPS (In Rs.) |
33.47 |
29.26 |
14.37% |
|
Net Worth per Share (In Rs.) |
185.54 |
143.37 |
29.41% |
|
Qtr-End PE Ratio (times) |
13.32 times |
- |
- |
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