Gurkhas Finance Limited reports an increment in net profit in Q2; EPS stood at Rs. 39.25
Sun, Jan 24, 2021 9:18 AM on Latest, Company Analysis,
Gurkhas Finance Limited (GUFL) reported a Net Profit of Rs. 17.03 crores; an increment of 178.20% in the second quarter of the fiscal year 2077/78.
Its net interest income decreased to Rs. 13.73 crores till Q2 from Rs. 17.28 Crores in the corresponding quarter previous year.
The bank has collected deposits of Rs. 7.72 Arba while it has mobilized loans and advances of Rs. 5.46 Arba till Q2 of FY 2077/2078.
Gurkhas Finance has a paid-up capital of Rs. 86.79 crores and reserve stood at Rs. 76.03 Crores.
The Earnings per Share (annualized) stood at Rs. 39.25 and net worth per share stands at Rs. 187.60. The Company traded at a P/E multiple of 7.08 times.
Major Highlights:
|
Particulars |
Gurkhas Finance Limited |
||
|---|---|---|---|
|
Q2, 2077/2078 |
Q2, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
867,993.80 |
867,993.80 |
- |
|
Reserve & Surplus |
760,393.77 |
585,030.33 |
29.98% |
|
Deposit from Customers |
7,724,796 |
7,317,972 |
5.56% |
|
Loans & Advances |
5,467,789 |
5,344,936 |
2.30% |
|
Net Interest Income |
137,369.31 |
172,882.22 |
-20.54% |
|
Impairment Charge/(Reversal) for loans |
-69,785.46 |
11,301.60 |
- |
|
Operating Profit |
243,366 |
87,730.26 |
177.40% |
|
Net Profit |
170,355.95 |
61,235.48 |
178.20% |
|
Capital Adequacy (%) |
15.34% |
16.82% |
- |
|
NPL (%) |
4.42% |
4.26% |
- |
|
Cost of fund (%) |
6.66% |
9.11% |
- |
|
EPS (Rs.) |
39.25 |
14.11 |
- |
|
Net worth per share (Rs.) |
187.60 |
167.40 |
- |
|
Qtr end PE ratio (Times) |
7.08 |
- |
- |
|
Qtr End Market Price |
278 |
- |
- |
