Kisan Microfinance Bittiya Sanstha’s profit drops by 15%; EPS drops to Rs 19.50 & Net worth per share stands at Rs 141.68
Sun, Jul 29, 2018 7:43 AM on Financial Analysis, Latest, Stock Market,
Kisan Microfinance Bittiya Sanstha Limited (KMFL) has shown fall in net profit by 15.17 percent in the fourth quarter (Q4) of the fiscal year 2074/75.
Publishing the unaudited financial report for the fourth quarter yesterday, the microfinance company stated that its net profit fell to Rs 1.21 crore in the Q4 of fiscal year 2074/75, down from Rs 1.43 crore in the corresponding period of the previous fiscal year 2073/74.
Its net interest income has also fallen from Rs 5.42 crore in corresponding quarter to Rs 5.80 crore in the fourth quarter.
Its paid up capital remains at Rs 6.24 crore with reserve of Rs 2.60 crore in Q4.
The company has borrowings of Rs 77.49 crore in the fourth quarter, up from Rs 59.82 crore in the corresponding quarter. Likewise, it has extended loans and advances of Rs 1.02 arba in Q4 whereas in the same period last year the figure stood at Rs 61.77 crore.
Its non-performing loan (NPL) has increased to 0.93% in Q4 from 0.95% in the previous year report.
Its annualized earning per share (EPS) stands at Rs 19.50 and net worth per share at Rs 141.68.
Major Highlights:
Particulars (In Rs '000) |
KMFL |
||
---|---|---|---|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
Paid Up Capital |
62,468 |
32,200 |
94.00% |
Reserve & Surplus |
26,040 |
20,838 |
24.96% |
Deposits |
259,036 |
150,911 |
71.65% |
Borrowings |
774,982 |
598,280 |
29.54% |
Loans & Advances |
1,027,443 |
617,791 |
66.31% |
Net Interest Income |
54,261 |
58,062 |
-6.55% |
Provision for possible losses |
6,364 |
3,688 |
72.56% |
Operating Profit |
13,394 |
24,241 |
-44.75% |
Net Profit |
12,182 |
14,360 |
-15.17% |
NPL |
0.93 |
0.95 |
-2.11% |
Annualized EPS (In Rs.) |
19.50 |
44.60 |
-56.27% |
Net Worth per Share (In Rs.) |
141.68 |
164.71 |
-13.98% |
P/E Ratio (In times) |
82.62 |
- |
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