Jalpa Samudayik Net Profit Declines by 4.66% in Q4; EPS at Rs. 61.66 and Networth per Share at Massive Rs 395.42
Mon, Aug 1, 2022 11:10 AM on Latest, Financial Analysis, Stock Market,
Jalpa Samudayik Laghubitta Bittiya Sanstha Ltd (JALPA) published the fourth-quarter report of FY 2078/2079 with a decline in Net Profit by 4.66%. As per the report published by the company, the net profit decreased to Rs. 9.8 crores as compared to Rs. 10.3 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 57.89% to Rs. 1.89 Arba which was Rs. 1.19 Arba in the corresponding quarter of the previous year. At the same time, deposits increased by 20.52% to Rs 2.55 arba.
The company’s loans and advances have also increased by 40.29% to Rs. 5.05 Arba till this quarter.
The net interest income (core revenue) has increased by 36.20% to Rs. 35.3 crores compared to Rs. 25.9 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs.16 crores till this quarter and its reserve and surplus stood at Rs. 47.2 Crores which is an increment of 25.99% in this quarter.
The cost of funds increased to 8.14% from 6.67% in the corresponding quarter and the non-performing loans declined to 2.32%.
Its annualized earnings per share (EPS) stand at Rs. 61.66. The net worth per share is Rs. 395.42. The company traded at a P/E multiple of 37.59 times.
Major Financial Highlights
| Particulars (In Rs '000) | Jalpa Samudayik Laghubitta | ||
|---|---|---|---|
| Q4 2078/79 | Q4 2077/78 | Difference | |
| Paid Up Capital | 160,000 | 107,800 | 48.42% |
| Reserve & Surplus | 472,667 | 375,167 | 25.99% |
| Borrowings | 1,893,191 | 1,199,062 | 57.89% |
| Deposits | 2,558,414 | 2,122,754 | 20.52% |
| Loans & Advances | 5,052,589 | 3,601,508 | 40.29% |
| Net Interest Income | 353,968 | 259,894 | 36.20% |
| Staff Expenses | 219,121 | 119,534 | 83.31% |
| Provision for possible losses | 55,047 | 64,333 | -14.43% |
| Operating Profit | 94,699 | 96,092 | -1.45% |
| Write Back | 38,470 | 69,892 | -44.96% |
| Net Profit | 98,658 | 103,485 | -4.66% |
| Capital Adequacy (%) | 11.53 | 10.27 | 12.27% |
| NPL (%) | 2.32 | 3.14 | -26.11% |
| Cost of Fund (%) | 8.14 | 6.67 | 22.04% |
| EPS (In Rs.) | 61.66 | 96.00 | -35.77% |
| Net Worth per Share (In Rs.) | 395.42 | ||
| Qtr end PE Ratio (times) | 37.59 | - | - |
| Qtr End Market Price | 2318 | - | - |
