Jeevan Laghubitta Reports Impressive Growth In Overall Profitability In First Quarter
Tue, Nov 16, 2021 10:38 AM on Latest, Company Analysis,
Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) published the first-quarter report of FY 2078/2079 with a growth of 35.39% in Net Profit. As per the report published by the company, the net profit increased to Rs. 17.66 crore as compared to Rs. 13.04 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 72.27% to Rs. 10.71 Arba which was Rs. 6.22 Arba in the corresponding quarter of the previous year. The deposits of the company increased by 13.86% to Rs 8.37 arba. The company’s loans and advances have also increased by 51.49% to 21.60 Arba in this quarter.
The net interest income (core revenue) has increased by 44.27% to Rs. 38.34 crores compared to Rs. 26.58 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 60.84 crores in this quarter and its reserve and surplus stood at Rs. 1.49 Arba which is an increase of 97.64% in this quarter.
The company's non-performing loans stand at 0.68% till this quarter.
Its annualized earnings per share (EPS) stand at Rs. 116.11. The net worth per share is Rs. 346.08. The company traded at a PE of 39.75 times.
Major Highlights:
|
Particulars (In Rs '000) |
Jeevan Bikas Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q1, 2078/79 |
Q1, 2077/78 |
Difference |
|
|
Paid Up Capital |
608,400.00 |
410,670.00 |
48.15% |
|
Reserve & Surplus |
1,497,157.65 |
757,521.34 |
97.64% |
|
Borrowings |
10,713,457.92 |
6,218,822.43 |
72.27% |
|
Deposits |
8,372,535.15 |
7,353,120.84 |
13.86% |
|
Loans & Advances |
21,604,129.50 |
14,261,011.39 |
51.49% |
|
Net Interest Income |
383,493.24 |
265,820.99 |
44.27% |
|
Staff Expenses |
142,137.48 |
115,348.08 |
23.22% |
|
Provision for possible losses |
139,462.63 |
214,680.15 |
- |
|
Operating Profit |
158,314.45 |
-39,683.96 |
- |
|
Net Profit |
176,609.03 |
130,446.11 |
35.39% |
|
Capital Adequacy (%) |
10.11% |
8.65% |
16.88% |
|
NPL (%) |
0.68% |
0.61% |
- |
|
Cost of Fund (%) |
7.92% |
7.89% |
0.38% |
|
EPS (In Rs.) |
116.11 |
127.06 |
-8.61% |
|
Net Worth per Share (In Rs.) |
346.08 |
284.46 |
21.66% |
|
Qtr end PE Ratio (times) |
39.75 |
- |
- |
|
Qtr End Market Price |
4615 |
- |
- |
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