Increased Non-operating income boosts Net Profit of Kamana Sewa Bikas Bank in Q1; EPS stands at Rs 31.51
Tue, Nov 10, 2020 7:44 AM on Company Analysis, Latest,
Kamana Sewa Bikas Bank Limited (KSBBL) has posted an increase in net profit by a massive 972.95% in the first quarter of the fiscal year 2077/78. The net profit rose to Rs. 20.01 crores from Rs. 1.86 crores of the corresponding quarter of the previous year.
As per the quarterly report, the company had a non-operating income of Rs. 20.09 crores which pushed the net profit to that extent.
The loans and advances for the quarter increased by 15.34% to Rs. 29.92 Arba from Rs. 25.94 Arba. The deposit increased to Rs. 36.72 Arba in this quarter.
The Net Interest income (Core business revenue) for the company increased by 51.66% to Rs. 38.15 crores. The operating profit for the company stood at Rs. 8.39 crores in this quarter.
Kamana Sewa has a paid-up capital of Rs.2.54 Arba and a reserve of Rs. 57.44 crores.
Its Non-Performing loan (NPL) has increased to 2.64% in this quarter. Its annualized Earnings per Share stands at Rs. 31.51 and net worth per share stand at Rs.122.62. The company traded at a P/B multiple of 1.82 times and its quarter-end PE is 7.08 times.
Financial Highlights:
|
Particulars |
Kamana Sewa Bikas Bank Limited |
||
|---|---|---|---|
|
Q1, 2077/2078 |
Q1, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
2,540,195.35 |
2,540,195.35 |
- |
|
Share Premium |
0.00 |
0.00 |
- |
|
Retained Earnings |
71,449.90 |
-204,796.71 |
- |
|
Reserves |
503,040.74 |
725,033.65 |
-30.62% |
|
Deposits from Customers |
36,722,082.49 |
31,902,093.00 |
15.11% |
|
Loans & Advances to Customers |
29,925,830.42 |
25,945,446.33 |
15.34% |
|
Net Interest Income |
381,570.48 |
251,587.79 |
51.66% |
|
Fee and Commission Income |
83,243.10 |
52,525.61 |
58.48% |
|
Impairment Charge/ (Reversal) |
146,353.66 |
84,649.31 |
72.89% |
|
Personnel Expenses |
129,675.76 |
112,087.90 |
15.69% |
|
Operating Profit |
84,916.75 |
26,251.88 |
223.47% |
|
Non-Operating Income |
200,963.42 |
392.33 |
51122.80% |
|
Profit/ (Loss) for the period |
200,116.12 |
18,651.02 |
972.95% |
|
Distributable Profit/(Loss) after P/L appropriation and Regulatory Adjustments |
74,329.60 |
- |
- |
|
Capital Adequacy Ratio (CAR) (%) |
12.44% |
15.75% |
- |
|
Non-Performing Loan (NPL) |
2.64% |
1.61% |
- |
|
CCD (as per NRB Directive) |
77.43% |
77.91% |
- |
|
Cost of Fund (%) |
6.87% |
8.56% |
- |
|
Base Rate (%) |
9.28% |
11.86% |
- |
|
Annualized EPS (Rs.) |
31.51 |
2.94 |
972.95% |
|
Net Worth per share (Rs.) |
122.62 |
120.48 |
1.77% |
|
Qtr End PE Ratio (Rs.) |
7.08 |
- |
- |
|
Qtr End Market Price |
223 |
- |
- |
|
Price to Book (PB Ratio) |
1.82 |
- |
- |
