Kailash Bikas Bank shows decent performance in the first quarter; Net profit amounts over Rs 11 crore
Sun, Nov 4, 2018 10:31 AM on Financial Analysis, Latest, Stock Market,
Kailash Bikas Bank Limited (KBBL) has reported increase in net profit by 19.08% in the first quarter of the fiscal year 2075/76.
As per the report published in newspaper, the development bank has stated that its net profit increased to Rs 11.57 crore in Q1 from Rs 9.72 crore reported in the corresponding quarter of the previous fiscal year 2074/75.
It has collected deposits of Rs 24.25 arba and floated loans of Rs 20.92 arba in Q1 of the current fiscal year.
It’s paid up capital remains at Rs 2.52 arba and has reserve of Rs 1.20 arba.
The development bank’s non-performing loan (NPL) decreased to 0.3% from 0.91%.
The annualized EPS of KBBL stands at Rs 18.38 and Net worth per share stands at Rs 147.87. Its P/E ratio stands at 12.92 times
Major Highlights:
Particulars (In Rs '000) |
KBBL |
||
---|---|---|---|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
Paid Up Capital |
2,520,636 |
2,291,487 |
10.00% |
Reserve & Surplus |
1,206,532 |
1,084,491 |
11.25% |
Deposits |
24,259,341 |
18,629,410 |
30.22% |
Borrowings |
650,000 |
- |
- |
Loans & Advances |
20,928,863 |
15,989,566 |
30.89% |
Net Interest Income |
267,035 |
154,529 |
72.81% |
Provision for possible losses |
19,818 |
17,513 |
13.16% |
Operating Profit |
171,389 |
86,475 |
98.19% |
Net Profit |
115,796 |
97,242 |
19.08% |
NPL (%) |
0.3 |
0.91 |
-67.03% |
Annualized EPS (In Rs.) |
18.38 |
16.97 |
8.25% |
Net Worth per Share (In Rs.) |
147.87 |
147.33 |
0.37% |
P/E Ratio (In times) |
12.92 |
|
|