Guheswori Merchant Banking and Finance reports 19% rise in net profit of Q4 of 2075/76; Company with paid up of Rs 80 crore has EPS of Rs 9.95

Sat, Aug 17, 2019 8:02 AM on Financial Analysis, Latest, Stock Market,

Guheswori Merchant Banking and Finance Company Limited (GMFIL) has registered a net profit rise of 19.65% in the fourth quarter of the FY 2075/76.

According to the unaudited financial report published by the finance today, its net profit has increased to Rs 9.69 crore in fourth quarter, from Rs 8.10 crore in the corresponding quarter of the previous fiscal year.

GMFIL’s net interest income has increased to Rs 17.08 crore till Q4 as compared to Rs 11.19 crore in the corresponding quarter of the last fiscal year.

As of Q4, it has a paid up capital of Rs 80 crore with a reserve of Rs 12.83 crore.

The bank also collected deposits of Rs 3.61 arba till Q4, increased from Rs 3.08 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 3.17 arba till Q4 whereas in the same period last year, the figure stood at Rs 2.51 arba.

The NPL of the company has increased to 0.36% from 0.31% in the corresponding quarter of previous year.

GMFIL’s annualized Earnings per Share (EPS) stands at Rs 9.95, net worth per share at Rs 125.64 and P/E ratio at 13.17 times.

Q4 report

Major Highlights:

Particulars (In Rs '000) Guheswori Merchant Banking & Fin
Q4 2075/76 Q4 2074/75 Difference
Paid Up Capital 800,000 800,000 0.00%
Reserve & Surplus 128,366 200,632 -36.02%
Deposits 3,619,913 3,086,955 17.26%
Loans & Advances 3,172,192 2,513,337 26.21%
Net Interest Income 170,878 146,472 16.66%
Operating Profit 131,335 111,968 17.30%
Net Profit 96,919 81,005 19.65%
Capital Adequacy (%) 25.83 28.57 -9.59%
NPL (%) 0.36 0.31 16.13%
Annualized EPS (In Rs.) 9.95    
Net Worth per Share (In Rs.) 125.64    
PE Ratio (times) 13.17