Increment in Core Business Revenue Leads to Impressive Rise in Net Profit of Mahila Laghubitta in Q4
Wed, Aug 4, 2021 6:05 AM on Company Analysis, Latest,
Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) published the fourth-quarter report of FY 2077/2078 with an outstanding 167.86% increment in Net Profit. As per the report published by the company, the net profit increased to Rs. 9.29 crores as compared to Rs. 3.47 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 121.94% to Rs. 2.24 Arba which was Rs. 1.01 Arba in the corresponding quarter of the previous year. The deposits of the company increased by 40.50% to Rs 92.80 crores. The company’s loans and advances have also increased by 91.96% to 3.33 Arba in this quarter.
The net interest income (core revenue) has increased by 87.46% to Rs. 24.04 crores compared to Rs. 12.82 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 10 crores in this quarter and its reserve and surplus stood at Rs. 22.08 cores which is an increase of 72.72% in this quarter.
Its annualized earnings per share (EPS) stand at Rs. 92.98. The net worth per share is Rs. 320.90. The company traded at a P/E multiple of 52.38 times.
Major Highlights:
|
Particulars |
Mahila Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q4, 2077/2078 |
Q4, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
100,000.00 |
60,000.00 |
66.67% |
|
Reserve & Surplus |
220,896.09 |
127,893.62 |
72.72% |
|
Borrowings |
2,246,873.74 |
1,012,398.17 |
121.94% |
|
Deposits |
928,090.33 |
660,555.97 |
40.50% |
|
Loans & Advances |
3,336,785.00 |
1,738,263.00 |
91.96% |
|
Net Interest Income |
240,483.82 |
128,282.46 |
87.46% |
|
Provision for possible Losses |
100,022.06 |
40,605.42 |
- |
|
Write Back of Provision |
41,506.10 |
17,027.17 |
- |
|
Net Profit |
92,982.70 |
34,713.49 |
167.86% |
|
Capital Adequacy (%) |
10.17% |
10.36% |
- |
|
NPL (%) |
1.71% |
0.78% |
- |
|
Cost of fund (%) |
5.92% |
8.84% |
- |
|
EPS (Rs.) |
92.98 |
57.86 |
- |
|
Net worth per share (Rs.) |
320.90 |
313.16 |
- |
|
Qtr end PE ratio (Times) |
52.38 |
- |
- |
|
Qtr End Market Price |
4870 |
- |
- |
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