Gurkhas Finance reports huge decrease in profit by 95.04%; EPS at low Rs 0.78 in the third quarter
Sun, May 20, 2018 5:32 AM on Financial Analysis, Latest, Stock Market,
Gurkhas Finance Limited (GUFL) has posted net profit of Rs 51.06 lakh in the third quarter of the FY 2074/75.
As per the unaudited report published, the finance has shown operating loss of Rs 9.36 lakh in the Q3 of FY 2074/75.
The finance has collected Rs 4.49 arba in deposits and disbursed Rs 4.12 arba in loans in Q3 as compared to Rs 3.41 arba in deposits and Rs 3.10 arba in loans in the corresponding quarter last year.
Its current paid up capital stands at Rs 86.79 crore with reserve of Rs 32.61 crore.
Its non-performing loan (NPL) increased to 4.76% from 3.56%.
Its annualized EPS stands at Rs 0.78, net worth per share stands at Rs 137.57 and P/E ratio at 147.88 times.
Major Highlights:
|
Particulars (In Rs '000) |
GUFL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
867,994 |
578,662 |
50.00% |
|
Reserve & Surplus |
326,120 |
298,573 |
9.23% |
|
Deposits |
4,499,886 |
3,414,530 |
31.79% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
4,124,376 |
3,108,876 |
32.66% |
|
Net Interest Income |
133,525 |
170,179 |
-21.54% |
|
Provision for possible losses |
48,482 |
113,120 |
-57.14% |
|
Operating Profit |
(936) |
12,275 |
-107.63% |
|
Net Profit |
5,106 |
103,021 |
-95.04% |
|
NPL (%) |
4.76 |
3.56 |
33.71% |
|
Annualized EPS (In Rs.) |
0.78 |
23.74 |
-96.70% |
|
Net Worth per Share (In Rs.) |
137.57 |
151.60 |
-9.25% |
|
P/E Ratio (In times) |
147.88 |
- |
- |
