Jyoti Bikas Bank reported fair growth in Q2; EPS at Rs. 17.49
Wed, Jan 27, 2021 8:29 AM on Latest, Company Analysis,
Jyoti Bikas Bank Limited (JBBL)'s net profit increased by 8.82% in the second quarter of the fiscal year 2077/2078. The profit increased to Rs. 30.55 crores in this quarter from Rs. 28.08 crores in the corresponding quarter of previous year.
Its net interest income decreased to Rs. 64.80 Crores till Q2 from Rs. 73.69 Crore in the corresponding quarter previous year. The bank has collected deposits of Rs. 44.75 Arba while it has mobilized loans and advances of Rs. 34.49 Arba till Q2.
Jyoti Bikas Bank has a paid-up capital of Rs. 3.49 Arba and reserve of Rs. 1.37 Arba.
Its non-performing loan (NPL) stood at 0.68% in Q2 2077/2078.
The Earnings per Share (annualized) increased to Rs. 17.49 and net worth per share stands at Rs. 139.39. Its P/E ratio stands at 12.80 times.
Major Highlights:
|
Particulars |
Jyoti Bikas Bank Limited |
||
|---|---|---|---|
|
Q2, 2077/2078 |
Q2, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
3,495,293.44 |
3,495,293.44 |
0.00% |
|
Reserve & Surplus |
1,376,868.92 |
1,008,714.80 |
36.50% |
|
Deposit from Customers |
44,758,131.13 |
36,313,630.53 |
23.25% |
|
Loans & Advances |
34,496,006.91 |
29,719,030.37 |
16.07% |
|
Net Interest Income |
648,082.74 |
736,901.95 |
-12.05% |
|
Impairment Charge/(Reversal) for loans |
74,130.90 |
77,213.14 |
-3.99% |
|
Operating Profit |
437,322.79 |
401,388.29 |
8.95% |
|
Net Profit |
305,599.69 |
280,834.64 |
8.82% |
|
Capital Adequacy (%) |
13.51% |
17.01% |
- |
|
NPL (%) |
0.68% |
0.80% |
- |
|
Cost of fund (%) |
6.45% |
8.33% |
- |
|
EPS (Rs.) |
17.49 |
16.07 |
- |
|
Net worth per share (Rs.) |
139.39 |
128.86 |
- |
|
Qtr end PE ratio (Times) |
12.81 |
- |
- |
|
Qtr End Market Price |
224 |
- |
- |
