Jebils Finance Q2 report for FY 2075/76 shows Rs. 90.68 lakhs as profit; EPS standing at Rs. 2.26

Wed, Feb 6, 2019 10:38 AM on Financial Analysis, Latest, Stock Market,

Jebils Finance Limited (JEFL) has published its unaudited financial report for the Q2 of the FY 2075/76 today.

The company has reported an increment in the net profit by 261.56% to Rs 90.68 lakhs till the month of Poush which was Rs 25.08 lakh in the corresponding quarter of last FY 2074/75.

The deposit collection of finance company is Rs 1.07 arba - decreased from Rs. 1.10 arba in last year's corresponding quarter and floated loans of Rs 1.30 arba in this second quarter.

The paid-up capital of the company remains at Rs 80.38 crore and Rs 7.68 crore has been kept in the reserve.

The NPL has decreased by 20.45% to reach 3.85% from 4.84%. The EPS of the company stands at Rs 2.26 and Net worth per share at Rs 109.56 with P/E ratio of 56.74 times.

JEFL has not conducted its AGM since 2072/73 FY. Though it has proposed 10% bonus share from the profit of 2073/74 FY on then Rs 28.89 crore capital. As per the company officials, approx 3.40 lakhs units promoter share is yet to be allotted of 40% right share issued last time. The company will again sell the remaining share in auction in Fagun month. Afterwards, the company will jointly conduct its 2073/74 and 2074/75 FY AGM and also, its paid up capital will reach Rs 83.79 crores. 

Announcement

Major Highlights:

Particulars (In Rs '000)

Jebils Finance Limited

Q2 2075/76

Q2 2074/75

Difference

Paid Up Capital

803,878

569,565

41.14%

Reserve & Surplus

76,811

49,053

56.59%

Deposits

1,076,451

1,100,986

-2.23%

Borrowings

64,730

21,964

194.71%

Loans & Advances

1,301,250

1,103,583

17.91%

Net Interest Income

35,394

29,180

21.30%

Provision for possible losses

15,321

16,431

-6.76%

Operating Profit

9,140

-652

    -

Net Profit

9,068

2,508

261.56%

NPL (%)

3.85

4.84

-20.45%

Annualized EPS (In Rs.)

2.26

0.88

156.18%

Net Worth per Share (In Rs.)

109.56

108.61

0.87%

P/E ratio

56.74