Kalika Laghubitta reports impressive growth in business volume and profitability in Q3; Look at its major highlights

Mon, Apr 19, 2021 6:56 AM on Company Analysis, Latest,

Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has reported a massive increment in Q3, its net profit increased to Rs 6.00 crores till Q3 of the fiscal year 2077/78 from Rs 41.05 lakhs in the corresponding quarter.

The borrowings of the company have increased by 14.14% to Rs 1.41 Arba from Rs 1.24 Arba in Q3 2076/77. The microfinance company collected deposits of Rs 1.20 Arba and has floated loans of Rs 2.99 Arba in Q3 2077/78. Loan & advances of the company have increased by 23.46% compared to the corresponding quarter of last fiscal year.

The net interest income of the company has grown by 89.19%, from Rs 11.05 crores to Rs 20.91 crores in Q3 2077/78. 

The Paid-Up capital and reserve of Kalika Laghubitta Bittiya Sanstha Limited stand at Rs 25.23 crores and Rs 17.77 crores respectively.  

The annualized EPS and net worth per share stood at Rs 31.75 and Rs 170.46 respectively in Q3 20767/78. The company traded at a P/E ratio of 43.50 times.

Click here for Q3 report:

Major Highlights:

Particulars

Kalika Laghubitta Bittiya Sanstha Limited

Q3, 2077/2078

Q3, 2076/2077

Difference

Paid-Up Capital

252,330.00

252,330.00

0.00%

Reserve & Surplus

177,788.00

146,891.00

21.03%

Borrowings

1,416,771.00

1,241,223.00

14.14%

Deposits

1,203,542.00

1,058,370.00

13.72%

Loans & Advances

2,994,656.00

2,425,583.00

23.46%

Net Interest Income

209,144.00

110,549.00

89.19%

Provision for possible Losses

131,475.00

38,269.00

-

Write Back of Provision

88,109.00

12,874.00

-

Net Profit

60,097.00

4,105.00

1364.00%

Capital Adequacy (%)

12.65%

13.65%

-

NPL (%)

4.74%

3.06%

-

Cost of fund (%)

4.59%

9.43%

-

EPS (Rs.)

31.75

10.02

-

Net worth per share (Rs.)

170.46

158.21

-

Qtr end PE ratio (Times)

43.50

-

-

Qtr End Market Price

1381

-

-