Janautthan Samudayic Laghubitta reported a staggering 90% rise in net profits for Q4 of 2075/76; Loans worth Rs 1.37 arba floated during the year
Sun, Aug 18, 2019 4:43 PM on Financial Analysis, Latest,
Janautthan Samudayic Laghubitta Bikas Bank Limited (JSLBB) posted a significant rise of 90.48% in the net profits. The net profit stood at Rs. 2.46 crore this year as compared to profit of Rs. 1.29 crore last year.
The microfinance company collected deposits equal to Rs 40.88 crore while loans and advance amounted to Rs 1.37 arba.
The borrowings of the company grew to Rs. 95.65 Crore, marking an increase of 29.9%.
The paid-up capital of the company stands at Rs 4.29 crore with reserve of Rs 6.53 crore.
The EPS of the company stands at Rs 73.73 with PE ratio of 12.68 times and net worth per share of Rs 327.01.
Major Highlights:
| Particulars (In Rs '000) | JSLBB | ||
|---|---|---|---|
| Q4 2075/76 | Q4 2074/75 | Difference | |
| Paid Up Capital | 42,968.10 | 38,399.60 | 11.90% |
| Reserve & Surplus | 65,379.69 | 36,280.64 | 80.21% |
| Borrowings | 956,570.92 | 736,387.68 | 29.90% |
| Deposits | 408,810.67 | 240,382.21 | 70.07% |
| Loans & Advances | 1,376,109.77 | 936,419.82 | 46.95% |
| Net Interest Income | 88,200.37 | 56,106.25 | 57.20% |
| Provision for possible losses | 18,616.08 | 12,025.57 | 54.80% |
| Operating Profit | 35,756.15 | 19,011.87 | 88.07% |
| Net Profit | 24,697.32 | 12,965.93 | 90.48% |
| Capital Adequacy (%) | 8.37 | 8.66 | -3.35% |
| NPL (%) | 2.23 | 1.35 | 65.19% |
| Cost of Fund (%) | 9.00 | 7.97 | 12.92% |
| Annualized EPS (In Rs.) | 73.73 | ||
| Net Worth per Share (In Rs.) | 327.01 | ||
| PE Ratio (times) | 12.68 | ||
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