Gurans Laghubitta reports growth in Net Profit; EPS stands at Rs. 10.73; NPL at 3.32%
Wed, Nov 11, 2020 6:19 AM on Latest, Company Analysis,
Gurans Laghubitta Bittiya Sanstha (GLBSL) has published its first-quarter report of FY 2077/2078 with a massive increase in Net Profit. As per the report published by the company, the net profit increased to Rs. 22.36 Lakhs as compared to Rs. 3.92 Lakhs in the corresponding quarter of the previous year.
The borrowings of the company decreased by 1.38% to Rs. 59.22 crores which was Rs. 60.05 crores in the corresponding quarter of the previous year. The deposit grew by 38.97% to Rs. 15.33 crores. The loans and advances increased by 15.50% to Rs. 80.85 crores in this quarter.
The net interest income (core revenue) has increased by 40.66% to Rs. 1.36 crores compared to Rs. 97.28 Lakhs in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 8.34 crores in this quarter and its reserve and surplus increased to Rs. 2.07 crores.
Its annualized earnings per share (EPS) stands at Rs. 10.73. The net worth per share stood at Rs. 124.83. The company traded at a P/E multiple of 63.01 times.
Financial Highlights:
|
Particulars |
Gurans Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q1, 2077/2078 |
Q1, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
83,400.00 |
77,500.00 |
7.61% |
|
Reserve & Surplus |
20,706.52 |
11,426.49 |
81.22% |
|
Borrowings |
592,290.88 |
600,599.90 |
-1.38% |
|
Deposits |
153,382.21 |
110,374.42 |
38.97% |
|
Loans and Advances |
808,504.49 |
700,023.62 |
15.50% |
|
Net Interest Income |
13,684.44 |
9,728.45 |
40.66% |
|
Provision for possible losses |
1,660.61 |
585.64 |
183.55% |
|
Operating Profit |
3,515.06 |
616.82 |
469.87% |
|
Net Profit |
2,236.86 |
392.52 |
469.87% |
|
Capital Adequacy Ratio (%) |
11.32% |
12.03% |
- |
|
NPL (%) |
3.32% |
2.75% |
- |
|
Cost of Fund (%) |
6.28% |
11.09% |
- |
|
Annualized EPS (In Rs.) |
10.73 |
2.03 |
429.56% |
|
Net Worth per share (In Rs.) |
124.83 |
114.74 |
8.79% |
|
Price to earnings (times) |
63.01 |
- |
- |
