Himalayan Laghubitta Posts Rs. 9.17 Crores Net Profit in Q4; Turns Profitable After Last Year’s Loss
Wed, Jul 30, 2025 8:57 AM on Financial Analysis, Company Analysis, Latest,
Himalayan Laghubitta Bittiya Sanstha has reported a net profit of Rs. 9.17 crores in the fourth quarter of Fiscal Year 2081/82, marking a significant turnaround from the loss of Rs. 20.07 lakhs recorded in the corresponding quarter of the previous fiscal year.
The microfinance institution’s operating profit stood at Rs. 13.11 crores, a remarkable recovery from a loss of Rs. 35.04 lakhs in the previous year. The company’s retained earnings turned positive to Rs. 6.31 crores, while reserves rose by 22.72% to Rs. 11.92 crores. Paid-up capital and share premium remained unchanged at Rs. 31.98 crores and Rs. 4.55 crores respectively.
On the asset front, loans and advances grew by 31.54% to Rs. 4.92 arba, while borrowings increased by 47.08% to Rs. 3.82 arba. Deposits reached Rs. 1.10 arba, up 22.17% year-on-year. Net interest income rose significantly by 58.50% to Rs. 35.30 crores, reflecting improved lending operations. Personnel expenses grew by 13.37% to Rs. 19.59 crores.
Despite a negative impairment charge of Rs. 30.33 lakhs (indicating a reversal or lower provisioning), the institution’s non-performing loan (NPL) ratio climbed sharply to 5.33% from 3.49%. Meanwhile, the cost of fund declined notably to 6.48% from 8.76%, supporting improved margins.
The capital adequacy ratio declined to 9.49% from 10.71%, but remains above regulatory requirements. The company posted an annualized earnings per share (EPS) of Rs. 28.70 and a net worth per share of Rs. 171.28. Its quarter-end price-to-earnings (PE) ratio stood at 35.38 times with a market price of Rs. 1,015.30 per share.
Major Highlights:
* Figure is of the Immediate Fiscal Year Ending
| Particulars (In Rs '000) | Himalayan Laghubitta | ||
|---|---|---|---|
| Q4 2081/82 | Q4 2080/81 | Difference | |
| Paid Up Capital | 319,818.20 | 319,818.20* | 0.00% |
| Share Premium | 45,543.05 | 45,543.05* | 0.00% |
| Retained Earnings | 63,193.17 | -6,546.04* | - |
| Reserves | 119,241.25 | 97,161.84* | 22.72% |
| Loans & Advances to Customers | 4,924,690.28 | 3,743,795.73* | 31.54% |
| Borrowings | 3,828,103.65 | 2,602,697.96* | 47.08% |
| Deposits | 1,104,750.90 | 904,279.52* | 22.17% |
| Net Interest Income | 353,016.91 | 222,727.08 | 58.50% |
| Personnel Expenses | 195,972.26 | 172,867.09 | 13.37% |
| Impairment Charges/Reversal for loans and Advances | -3,033.34 | 24,330.12 | - |
| Operating Profit | 131,142.51 | -3,504.61 | - |
| Net Profit | 91,773.29 | -2,007.71 | - |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 63,193.17 | 0.00 | - |
| Capital Adequacy (%) | 9.49 | 10.71 | -11.39% |
| NPL (%) | 5.33 | 3.49 | 52.72% |
| Cost of Fund (%) | 6.48 | 8.76 | -26.03% |
| Annualized EPS (In Rs.) | 28.70 | -0.63 | - |
| Net Worth per Share (In Rs.) | 171.28 | 142.57 | 20.14% |
| Qtr end PE Ratio (times) | 35.38 | - | - |
| Qtr End Market Price | 1015.3 | - | - |
