Guheswori Merchant profit rises by 58.57% in Q3; earns Rs 5.31 crore with EPS of Rs 8.83
Sun, Apr 28, 2019 8:56 AM on Financial Analysis, Latest, Stock Market,
Guheswori Merchant Banking and Finance Company Limited (GMFIL) has registered a net profit rise of 58.57% in the third quarter of the FY 2075/76.
According to the unaudited financial report published by the finance today, its net profit has increased to Rs 5.31 crore in third quarter, from Rs 3.34 crore in the corresponding quarter of the previous fiscal year.
GMFIL’s net interest income has increased to Rs 11.71 crore till Q3 as compared to Rs 9.91 crore in the corresponding quarter of the last fiscal year.
As of Q3, it has a paid up capital of Rs 80 crore with a reserve of Rs 17.70 crore.
The bank also collected deposits of Rs 3.40 arba till Q3, increased from Rs 2.67 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 3.06 arba till Q3 whereas in the same period last year, the figure stood at Rs 2.29 arba.
The NPL of the company has increased to 0.76% from 0.38% in the corresponding quarter of previous year.
GMFIL’s annualized Earnings per Share (EPS) stands at Rs 8.85, net worth per share at Rs 122.38 and P/E ratio at 14.69 times.
Major Highlights:
|
Particulars (In Rs '000) |
Guheswori Merchant Banking & Fin |
||
|---|---|---|---|
|
Q3 2075/76 |
Q3 2074/75 |
Difference |
|
|
Paid Up Capital |
800,000 |
800,000 |
0.00% |
|
Reserve & Surplus |
179,054 |
145,128 |
23.38% |
|
Deposits |
3,402,598 |
2,678,574 |
27.03% |
|
Loans & Advances |
3,068,493 |
2,390,342 |
28.37% |
|
Net Interest Income |
117,171 |
99,125 |
18.21% |
|
Provision for possible losses |
18,926 |
34,139 |
-44.56% |
|
Operating Profit |
82,694 |
52,709 |
56.89% |
|
Net Profit |
53,110 |
33,493 |
58.57% |
|
Capital Adequacy (%) |
25.82 |
30.72 |
-15.95% |
|
NPL (%) |
0.76 |
0.38 |
100.00% |
|
Annualized EPS (In Rs.) |
8.85 |
5.58 |
58.57% |
|
Net Worth per Share (In Rs.) |
122.38 |
118.14 |
3.59% |
|
PE Ratio (times) |
14.69 |
- |
- |
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