Kalika Microcredit Development Bank Limited (KMCDB) has posted decline in net profit by 15.57 percent in the fourth quarter (Q4) of the last fiscal year 2073/74 after issuance of 65% bonus shares to its shareholders.
Publishing the unaudited financial report for the fourth quarter today, the microfinance company stated that its net profit declined to Rs 2.22 crore in the current fiscal year 2073/74, down from Rs 2.64 crore in the corresponding period of the previous fiscal year 2072/73.
Its net interest income has risen from Rs 5.59 crore in corresponding quarter to Rs 7.16 crore in the fourth quarter.
Its paid up capital remains at Rs 8.25 crore with reserve of Rs 5.27 crore in Q4.
The company has borrowings of Rs 38.49 crore in the fourth quarter, up from Rs 18.73 crore in the corresponding quarter. Likewise, it has extended loans and advances of Rs 76.90 crore in Q4 whereas in the same period last year the figure stood at Rs 43.17 crore.
Its non-performing loan (NPL) has decreased to 1.52 % in Q4 from 1.58% in the previous year report.
KMCDB’s earning per share (EPS) stands at Rs 27.03, net worth per share at Rs 163.92 and the P/E ratio at 64.38 times.
Major Highlights:
| Particulars (Rs '000) |
Q4 2073/74 |
Q4 2072/73 |
Growth (%) |
| Paid Up Capital |
82,500 |
50,000 |
65.00% |
| Reserve & Surplus |
52,738 |
76,458 |
-31.02% |
| Borrowings |
384,901 |
187,359 |
105.44% |
| Deposits |
321,576 |
209,255 |
53.68% |
| Loans & Advances |
769,037 |
431,722 |
78.13% |
| Net Interest Income |
71,609 |
55,935 |
28.02% |
| Operating Profit |
30,491 |
37,774 |
-19.28% |
| Net Profit |
22,297 |
26,410 |
-15.57% |
| Provisions |
10,139 |
5,749 |
76.36% |
| NPL |
1.52 |
1.58 |
-3.80% |
| Write Back |
4,547 |
3,728 |
21.97% |
| EPS |
27.03 |
52.82 |
-48.83% |
| Net Worth Per Share |
163.92 |
252.92 |
-35.19% |
| P/E Ratio |
64.38 |
|
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