How was the fiscal year 2074/75 for the major finance companies? Fourth quarter report of UFL, ICFC, GMFIL and SIFC
Tue, Jul 31, 2018 8:45 AM on Financial Analysis, Latest, Stock Market,
United Finance Limited (UFL) has registered a net profit decline of 45.16 % in the fourth quarter of the FY 2074/75.
According to the unaudited financial report published by the finance today, its net profit has decreased to Rs 6.41 crore in fourth quarter from Rs 11.69 crore in the corresponding quarter of the previous fiscal year.
UFL’s net interest income has fallen to Rs 22.72 crore in Q4 as compared to Rs 24.33 crore in the corresponding quarter of the last fiscal year.
As of Q4, it has a paid up capital of Rs 80.05 crore with a reserve of Rs 22.43 crore.
The finance also collected deposits of Rs 5.99 arba in Q4, up from Rs 5.44 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 5.22 arba in Q4 whereas in the same period last year, the figure stood at Rs 4.68 arba.
UFL’s annualized Earnings per Share (EPS) has decreased by 53.92% to Rs 8.01 per share. The finance company’s net worth per share stands at Rs 128.02 and P/E ratio is 20.84 times.
Major Highlights:
|
Particulars (In Rs '000) |
UFL |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
800,519 |
672,705 |
19.00% |
|
Reserve & Surplus |
224,339 |
286,930 |
-21.81% |
|
Deposits |
5,993,706 |
5,445,479 |
10.07% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
5,222,009 |
4,684,690 |
11.47% |
|
Net Interest Income |
227,285 |
243,306 |
-6.58% |
|
Provision for possible losses |
72,962 |
34,307 |
112.67% |
|
Operating Profit |
64,143 |
126,617 |
-49.34% |
|
Net Profit |
64,148 |
116,976 |
-45.16% |
|
NPL (%) |
0.68 |
0.44 |
54.55% |
|
Annualized EPS (In Rs.) |
8.01 |
17.39 |
-53.92% |
|
Net Worth per Share (In Rs.) |
128.02 |
142.65 |
-10.25% |
|
P/E Ratio (In times) |
20.84 |
- |
|
ICFC Finance Limited (ICFC) has published unaudited financial report for the fourth quarter today. It has stated that net profit has massively reduced to Rs 9.84 crore in fourth quarter of fiscal year 2074/75 from Rs 19.26 crore reported in the corresponding quarter of the previous fiscal year 2073/74 with diminished Earning per Share (EPS) at Rs 11.16.
The finance has borrowings of Rs 60 crore. Likewise, it extended loans of Rs 6.98 arba which was Rs 5.58 arba in the corresponding quarter. It has increased collected deposits of Rs 8.87 arba in the fourth quarter of the current fiscal year. It has paid up capital of Rs 88.22 crore with decreased reserve at Rs 28.31 crore in Q4.
Net Interest income is the primary source of income for finance company. ICFC’s net interest income has immensely reduced from Rs 32.76 crore in the corresponding quarter last year to Rs 27.05 crore in the fourth quarter of fiscal year 2074/75. Its operating profit has reduced to Rs 11.31 crore in Q4, from Rs 18.48 crore in corresponding quarter.
The finance companies’ non-performing loan (NPL) has decreased to 0.05 percent in the fourth quarter. The Net worth per share stands at Rs 132.09 and P/E ratio at 15.41 times.
Major Highlights:
|
Particulars (In Rs '000) |
ICFC |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
882,173 |
801,784 |
10.03% |
|
Reserve & Surplus |
283,127 |
265,481 |
6.65% |
|
Deposits |
8,878,570 |
6,797,889 |
30.61% |
|
Borrowings |
600,000 |
522,100 |
14.92% |
|
Loans & Advances |
6,986,827 |
5,586,296 |
25.07% |
|
Net Interest Income |
270,525 |
327,637 |
-17.43% |
|
Provision for possible losses |
43,972 |
36,432 |
20.70% |
|
Operating Profit |
113,115 |
184,843 |
-38.80% |
|
Net Profit |
98,460 |
192,675 |
-48.90% |
|
NPL (%) |
0.05 |
0.75 |
-93.33% |
|
Annualized EPS (In Rs.) |
11.16 |
24.03 |
-53.56% |
|
Net Worth per Share (In Rs.) |
132.09 |
133.11 |
-0.76% |
|
P/E Ratio (In times) |
15.41 |
- |
|
Guheswori Merchant Banking and Finance Company Limited (GMFIL) has registered a net profit fall of 58.42% in the fourth quarter of the FY 2074/75.
According to the unaudited financial report published by the finance today, its net profit has decreased to Rs 5.65 crore in fourth quarter, from Rs 13.59 crore in the corresponding quarter of the previous fiscal year.
GMFIL’s net interest income has risen to Rs 13.93 crore in Q4 as compared to Rs 11.47 crore in the corresponding quarter of the last fiscal year.
As of Q4, it has a paid up capital of Rs 80 crore with a reserve of Rs 16.38 crore.
The bank also collected deposits of Rs 3.08 arba in Q4, increased from Rs 2.45 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 2.49 arba in Q4 whereas in the same period last year, the figure stood at Rs 2.09 arba. The NPL of the company has increased to 0.31% from 0.17% in the corresponding quarter of previous year.
GMFIL’s annualized Earnings per Share (EPS) stands at Rs 7.06, net worth per share at Rs 120.48 and P/E ratio at 18.27 times.
Major Highlights:
|
Particulars (In Rs '000) |
GMFIL |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
800,000 |
602,607 |
32.76% |
|
Reserve & Surplus |
163,819 |
107,514 |
52.37% |
|
Deposits |
3,086,955 |
2,454,670 |
25.76% |
|
Borrowings |
- |
36,250 |
- |
|
Loans & Advances |
2,499,384 |
2,092,803 |
19.43% |
|
Net Interest Income |
139,365 |
114,736 |
21.47% |
|
Provision for possible losses |
45,473 |
9,927 |
358.07% |
|
Operating Profit |
72,264 |
95,591 |
-24.40% |
|
Net Profit |
56,516 |
135,917 |
-58.42% |
|
NPL (%) |
0.31 |
0.17 |
82.35% |
|
Annualized EPS (In Rs.) |
7.06 |
22.55 |
-68.68% |
|
Net Worth per Share (In Rs.) |
120.48 |
117.84 |
2.24% |
|
P/E Ratio (In times) |
18.27 |
- |
|
Shree Investment and Finance Company (SIFC) has registered a net profit decline of 36.38 % in the fourth quarter of the current FY 2074/75.
According to the unaudited financial report published by the finance today, its net profit has decreased to Rs.9.21 crore in fourth quarter, from Rs 14.47 crore in the corresponding quarter of the previous fiscal year.
SIFC’s net interest income has risen to Rs 18.77 crore in Q4 as compared to Rs 16.83 crore in the corresponding quarter of the last fiscal year.
As of Q4, it has a paid up capital of Rs 80.01 crore with a reserve of Rs 24.08 crore.
The finance company also collected deposits of Rs 3.71 arba in Q4, up from Rs 3.33 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 3.56 arba in Q4 whereas in the same period last year, the figure stood at Rs.2.85 arba.
SIFC’s annualized Earnings per Share (EPS) stands Rs 11.51. Its net worth stands at Rs 130.10 per share and P/E ratio at 12.94 times.
Major Highlights:
|
Particulars (In Rs '000) |
SIFC |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
800,150 |
345,449 |
131.63% |
|
Reserve & Surplus |
240,841 |
307,828 |
-21.76% |
|
Deposits |
3,719,477 |
3,335,401 |
11.52% |
|
Borrowings |
100,000 |
80,000 |
25.00% |
|
Loans & Advances |
3,562,178 |
2,851,138 |
24.94% |
|
Net Interest Income |
187,721 |
168,357 |
11.50% |
|
Provision for possible losses |
14,208 |
10,038 |
41.54% |
|
Operating Profit |
140,726 |
107,890 |
30.43% |
|
Net Profit |
92,103 |
144,779 |
-36.38% |
|
NPL (%) |
0.17 |
0.25 |
-32.00% |
|
Annualized EPS (In Rs.) |
11.51 |
41.91 |
-72.53% |
|
Net Worth per Share (In Rs.) |
130.10 |
189.11 |
-31.20% |
|
P/E Ratio (In times) |
12.94 |
- |
|
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