Janaki Finance reports a weak operating performance; earns Rs 5.68 crore till Q3 due to huge write back of Rs 7.33 crore and NPL stands at 4.95%
Fri, Apr 26, 2019 7:24 AM on Financial Analysis, Latest, Stock Market,
Janaki Finance Limited (JFL) has earned Rs 5.68 crore till the third quarter for the fiscal year 2075/76 whereas last corresponding year finance’s profit was at Rs 2.65 crore at the same time.
Janaki Finance’s net profit rises mainly due to write back of provision of possible loss of Rs 7.33 crore in Q3 but it has very low operating profit of Rs 78.40 lakhs only.
Janaki finance has paid up capital of Rs 49.21 crore. Its reserve and surplus has increased by 20.82% to Rs 22.75 crore in Q3.
JFL has deposit collection of Rs 1.98 arba whereas it has floated loans and advances of Rs 2.03 arba. It has NPL of 4.95%.
The finance company annualized earning per share (EPS) stand at Rs 15.39, net worth per share is at Rs 146.23 and P/E ratio is at 11.05 times.
Major Highlights:
|
Particulars (In Rs '000) |
Janaki Finance |
||
|---|---|---|---|
|
Q3 2075/76 |
Q3 2074/75 |
Difference |
|
|
Paid Up Capital |
492,140.30 |
403,393.74 |
22.00% |
|
Reserve & Surplus |
227,514.07 |
188,305.84 |
20.82% |
|
Deposits |
1,982,250.34 |
1,503,810.98 |
31.82% |
|
Borrowings |
- | - | - |
|
Loans & Advances |
2,038,895.03 |
1,333,347.23 |
52.92% |
|
Net Interest Income |
108,825.88 |
83,046.49 |
31.04% |
|
Provision for possible losses |
91,430.82 |
115,574.44 |
- |
|
Write Back |
73,304 |
79,238 |
- |
|
Operating Profit |
7,840.04 |
-39,186.48 |
- |
|
Net Profit |
56,806.90 |
26,554.04 |
113.93% |
|
Capital Adequacy (%) |
31.44 |
35.02 |
-10.22% |
|
NPL (%) |
4.95 |
16.83 |
-70.59% |
|
Annualized EPS (In Rs.) |
15.39 |
8.78 |
75.35% |
|
Net Worth per Share (In Rs.) |
146.23 |
146.68 |
-0.31% |
|
PE Ratio (times) |
11.05 |
- |
- |
