Kisan Microfinance Bittiya Sanstha Limited (KMFL) has registered a net profit growth of 87.23% in the second quarter of the current FY 2073/74.
According to the unaudited financial report published by the microfinance today, its net profit has increased to Rs. 77.18 lakh in second quarter, up from Rs. 41.22 lakh in the corresponding quarter of the previous fiscal year.
KMFL’s net interest income has risen to Rs 2.87 crore in Q2 as compared to Rs. 1.43 crore in the corresponding quarter of the last fiscal year.
As of Q2, it has a paid up capital of Rs 2 crore with a reserve of Rs 1.86 crore.
The microfinance also collected deposits of Rs 11.80 crore whereas borrowed Rs 45.65 crore in Q2. Likewise, it has extended loans and advances of Rs 56.76 crore in Q2 whereas in the same period last year, the figure stood at Rs. 27.11 crore.
KMFL’s annualized Earnings per Share (EPS) has increased by 87.23% to Rs 77.18 per share. Its net worth per share stands at Rs 193.34 and P/E ratio at 24.32 times.
Major Highlights of Kisan Microfinance
| Indicators (Rs in "000") |
FY 2073/74 Q2 |
FY 2072/73 Q2 |
Difference (%) |
| Paid Up Capital |
20,000.00 |
20,000.00 |
0.00% |
| Reserve and Surplus |
18,677.53 |
5,931.07 |
214.91% |
| Borrowing |
456,543.40 |
224,135.03 |
103.69% |
| Deposits |
118,066.32 |
61,183.97 |
92.97% |
| Loans and Advances |
567,629.10 |
271,146.11 |
109.34% |
| Net Interest Income |
28,796.29 |
14,332.64 |
100.91% |
| Provision |
1,563.33 |
2,086.73 |
-25.08% |
| Operating Profit |
12,116.60 |
6,471.61 |
87.23% |
| Net Profit |
7,718.27 |
4,122.41 |
87.23% |
| Capital Adequacy Ratio |
8.47% |
10.83% |
- |
| NPL |
0.88% |
1.57% |
-43.95% |
| Cost of Fund |
6.18% |
5.71% |
|
| CD Ratio (as per NRB) |
92.56% |
90.00% |
- |
| EPS (Annualized) |
77.18 |
41.22 |
87.23% |
| PE Ratio |
24.32 |
|
|
| Networth Per Share |
193.39 |
129.66 |
|
