Kailash Bikas Bank profit increases to Rs 39.09 crore in Q3; EPS decreases to Rs 20.68

Tue, Apr 24, 2018 12:30 AM on Financial Analysis, Latest, Stock Market,

Kailash Bikas Bank Limited (KBBL) has reported meager increase in net profit by 6.23% in the third quarter of the current fiscal year 2074/75.

As per the report published in newspaper, the development bank has stated that its net profit increased to Rs 39.09 crore in Q3 from Rs 36.79 crore reported in the corresponding quarter of the previous fiscal year 2073/74.

It has collected deposits of Rs 20.36 arba and floated loans of Rs 18.39 arba in Q3 of current fiscal year.

It’s paid up capital remains at Rs 2.52 arba and has reserve of Rs 93.06 crore.

The development bank’s non-performing loan (NPL) decreased to 0.46% from 0.93%.

Its annualized Earning Per Share (EPS) now stands at Rs 20.68, net worth per share at Rs 136.92 and P/E ratio at 11.07 times.

Major Highlights:

Particulars (In Rs '000)

KBBL

Q3 2074/75

Q3 2073/74

Difference

Paid Up Capital

     2,520,636

     1,975,420

27.60%

Reserve & Surplus

         930,699

         837,079

11.18%

Deposits

   20,361,118

   16,847,147

20.86%

Borrowings

 -

 -

-

Loans & Advances

   18,397,150

   14,683,313

25.29%

Net Interest Income

         641,337

         670,595

-4.36%

Provision for possible losses

           39,402

           60,925

-35.33%

Operating Profit

         460,322

         474,145

-2.92%

Net Profit

         390,930

         367,995

6.23%

NPL (%)

0.46

0.93

-50.54%

 Annualized EPS (In Rs.)

             20.68

             24.84

-16.75%

Net Worth per Share (In Rs.)

           136.92

           142.37

-3.83%

P/E Ratio (In times)

11.07

16.18

-31.58%

See the quarterly report