Laxmi Laghubitta’s profit decreases by 17.49% in the last quarter; EPS & Net worth per share stand at Rs 36.52 & Rs 183.63 respectively
Fri, Jul 20, 2018 12:52 AM on Financial Analysis, Stock Market, Latest,
Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) has reported 17.49% decrease in net profit for the last quarter of the last fiscal year 2074/75.
Publishing the unaudited financial report for the fourth quarter today, the microfinance company has stated that its net profit decreased to Rs 8.83 crore in last quarter of fiscal year 2074/75, down from Rs 10.71 crore reported in the corresponding quarter of the previous fiscal year 2073/74.
The microfinance has borrowings of Rs 1.50 arba in the 4th quarter compared to Rs 1.31 arba in the corresponding quarter of FY 2073/74. Likewise, it extended loans of Rs 2.67 arba, up from 2.18 arba. It has collected deposits of Rs 97.09 crore.
It has paid up capital of Rs 24.20 crore with reserve of Rs 20.23 crore in Q4.
Laxmi Laghubitta’s net interest income has fallen from Rs 24.54 crore in the corresponding quarter of FY 2073/74 to Rs 23.94 crore in the fourth quarter of fiscal year 2074/75.
It has posted an operating profit of Rs 13.35 crore in Q4 of FY 2074/75, decrease of 19.20% from Rs 16.53 crore in corresponding quarter of FY 2073/74.
The microfinance’s non-performing loan (NPL) has increased from 0.50% in the corresponding quarter to 0.98% in Q4 of FY 2074/75.
Its Earning per Share (EPS) now stands at Rs 36.52, net worth per share at Rs 183.63 and P/E ratio at 30.07 times.
Major Highlights:
|
Particulars (In Rs '000) |
LLBS |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
242,000 |
220,000 |
10.00% |
|
Reserve & Surplus |
202,384 |
169,566 |
19.35% |
|
Deposits |
970,981 |
661,253 |
46.84% |
|
Borrowings |
1,505,010 |
1,315,593 |
14.40% |
|
Loans & Advances |
2,670,194 |
2,187,973 |
22.04% |
|
Net Interest Income |
239,457 |
245,454 |
-2.44% |
|
Provision for possible losses |
16,133 |
11,552 |
39.66% |
|
Operating Profit |
133,569 |
165,308 |
-19.20% |
|
Net Profit |
88,379 |
107,118 |
-17.49% |
|
NPL (%) |
0.98 |
0.5 |
96.00% |
|
Annualized EPS (In Rs.) |
36.52 |
48.69 |
-24.99% |
|
Net Worth per Share (In Rs.) |
183.63 |
177.08 |
3.70% |
|
P/E Ratio (In times) |
30.07 |
- |
- |
