Janautthan Samudayik Laghubiita reports 33.45% rise in net profit in Q2; Business volume increases by fair margin
Fri, Feb 12, 2021 10:07 AM on Latest, Company Analysis,
Janautthan Samudayik Laghubitta Bittiya Sanstha Limited (JSLBB) published the second-quarter report of FY 2077/2078 with 33.45% increment in Net Profit. As per the report published by the company, the net profit increased to Rs. 2.74 crores as compared to Rs. 2.05 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 31.51% to Rs. 1.23 arba which was Rs. 93.82 crores in the corresponding quarter of the previous year. The company’s loans and advances have also increased by 25.25% to 1.87 arba in this quarter.
The net interest income (core revenue) has increased by 18.20% to Rs. 7.27 crores compared to Rs. 6.15 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 7.92 crores in this quarter and its reserve and surplus stood at Rs. 12.62 crores which is an increase of 40.48% in this quarter.
Its annualized earnings per share (EPS) stands at Rs. 69.31. The net worth per share is Rs. 259.44. The company traded at a PE multiple of 31.74 times.
Major Highlights:
|
Particulars |
Janautthan Samudayik Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q2, 2077/2078 |
Q2, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
79,200.00 |
63,360.00 |
25.00% |
|
Reserve & Surplus |
126,277.87 |
89,889.31 |
40.48% |
|
Borrowings |
1,233,934.15 |
938,287.37 |
31.51% |
|
Deposits |
628,050.23 |
488,563.01 |
28.55% |
|
Loans & Advances |
1,871,814.48 |
1,494,486.39 |
25.25% |
|
Net Interest Income |
72,753.64 |
61,552.00 |
18.20% |
|
Provision for possible Losses |
33,969.84 |
17,934.64 |
- |
|
Write Back of Provision |
25,675.25 |
9,070.68 |
- |
|
Net Profit |
27,446.13 |
20,566.59 |
33.45% |
|
Capital Adequacy (%) |
10.20% |
10.44% |
- |
|
NPL (%) |
3.92% |
2.92% |
- |
|
Cost of fund (%) |
6.64% |
9.50% |
- |
|
EPS (Rs.) |
69.31 |
64.92 |
- |
|
Net worth per share (Rs.) |
259.44 |
241.87 |
- |
|
Qtr end PE ratio (Times) |
31.74 |
- |
- |
|
Qtr End Market Price |
2200 |
- |
- |
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