Janaki Finance Limited (JFl) has registered a tremendous profit growth of 169.72 percent in the fourth quarter (Q4) of the fiscal year 2073/74.
As per the report published by the finance company today, its net profit has escalated to Rs. 11.83 crore in the fourth quarter from Rs 4.38 crore in the corresponding quarter.
Janaki finance has paid up capital of Rs 34.18 crore. Its reserve and surplus rises by 170.68% to Rs 29.49 crore in Q4.
JFL deposits collection has decreased by 2.82% to Rs 1.39 arba whereas the lending has surged to Rs 1.39 arba, 16.49% more than the corresponding quarter of last fiscal year.
The finance company earning per share (EPS) stand at Rs 34.62 from the Rs 12.83 in the corresponding quarter of the last fiscal year, net worth per share is at Rs 186.26 and P/E ratio is at 7.77 times only. The company had a high NPL of 7.34% in the previous quarter which was slightly reduced to 6.83% in the current quarter.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Growth (%) |
| Paid Up Capital |
341,859 |
341,859 |
- |
| Reserve and Surplus |
294,904 |
108,949 |
170.68 |
| Deposits |
1,393,664 |
1,434,050 |
(2.82) |
| Loans and Advances |
1,397,600 |
1,199,743 |
16.49 |
| Net Interest Income |
157,333 |
91,421 |
72.10 |
| Provision |
46,782 |
61,346 |
(23.74) |
| Write Back |
78,691 |
24,988 |
214.92 |
| Operating Profit |
100,256 |
22,055 |
354.57 |
| Net Profit |
118,335 |
43,873 |
169.72 |
| Capital Adequacy Ratio (%) |
39.18 |
30.21 |
29.69 |
| NPL (%) |
6.83 |
7.34 |
(6.95) |
| Base Rate (%) |
11.62 |
9.29 |
25.08 |
| Cost of Fund (%) |
9.28 |
7.30 |
27.12 |
| CD Ratio (as per NRB) )%) |
75.37 |
66.23 |
13.80 |
| EPS (Annualized) |
34.62 |
12.83 |
169.72 |
| Networth Per Share |
186.26 |
131.87 |
41.25 |
| P/E Ratio |
7.77 |
- |
|
ICFC Finance Limited (ICFC) has reported 33% rise in net profit in the fourth quarter of the last fiscal year 2073/74.
According to financial statement published today, its net profit has increased to Rs 19.52 crore in fourth quarter, up from Rs 14.68 crore in the corresponding quarter of the previous fiscal year 2072/73.
ICFC Finance has collected deposits of Rs 6.79 arba in fourth quarter from Rs 5.96 arba in the corresponding quarter of last fiscal year. Likewise, the bank extended loans and advances to Rs 5.58 arba in the Q4 whereas in the same period last year the figure stood at Rs 4.79 arba.
The net interest income of the finance reached Rs 32.76 crore in Q4 of FY 2073/74 up from Rs 25.69 crore in the previous FY 2072/73.
ICFC has a paid up capital of Rs 80.17 arba with reserve of Rs 35.58 crore.
The finance earning per share (EPS) stands at Rs 24.36 , net worth per share is at Rs 144.38, P/E ratio at 11.82 times.
ICFC had issued 17% bonus shares from the profit it has earned in the FY 2072/73.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Growth (%) |
| Paid Up Capital |
801,784 |
685,285 |
17.00 |
| Reserve and Surplus |
355,833 |
277,287 |
28.33 |
| Deposits |
6,797,789 |
5,969,625 |
13.87 |
| Loans and Advances |
5,586,300 |
4,794,499 |
16.51 |
| Net Interest Income |
327,639 |
256,936 |
27.52 |
| Provision |
45,059 |
69,607 |
(35.27) |
| Write Back |
63,546 |
46,216 |
37.50 |
| Operating Profit |
176,387 |
117,340 |
50.32 |
| Net Profit |
195,280 |
146,832 |
33.00 |
| Capital Adequacy Ratio (%) |
16.24 |
14.81 |
9.66 |
| NPL (%) |
0.75 |
1.49 |
(49.66) |
| Base Rate (%) |
11.38 |
8.38 |
35.80 |
| Cost of Fund (%) |
8.53 |
5.10 |
67.25 |
| CD Ratio (as per NRB) )%) |
70.18 |
69.03 |
1.67 |
| EPS (Annualized) |
24.36 |
21.43 |
13.67 |
| Networth Per Share |
144.38 |
140.46 |
2.79 |
| P/E Ratio |
11.82 |
- |
|
