Mahalaxmi Bikas Bank Q4 Profit Rises 48.46% on Higher Net Interest Income; EPS Improves to Rs. 13.96
Wed, Aug 5, 2026 10:40 AM on Latest, Financial Analysis, Company Analysis,
Mahalaxmi Bikas Bank Limited (MLBL) has published its fourth-quarter financial results for FY 2082/83, reporting a robust 48.46% year-on-year increase in net profit to Rs. 62.99 crore, compared to Rs. 42.43 crore in the corresponding period of the previous fiscal year. The strong earnings growth was supported by higher net interest income and a lower cost of funds.
The bank's net interest income rose by 10.69% to Rs. 2.14 Arba, up from Rs. 1.94 Arba a year ago. Customer deposits remained largely stable at Rs. 55.00 Arba, registering a marginal 0.19% decline, while loans and advances expanded by 4.41% to Rs. 43.34 Arba. During the review period, the bank also reported a reversal of loans and advances of Rs. 31.56 crore.
Operating profit climbed sharply to Rs. 93.79 crore, compared to Rs. 61.14 crore in the same period last year. Retained earnings increased to Rs. 46.51 crore, while total reserves reached Rs. 2.48 Arba.
The bank maintained a strong capital position, with the Capital Adequacy Ratio (CAR) improving to 17.57% from 17.06% a year earlier. The Non-Performing Loan (NPL) ratio stood at 6.32%, while the cost of funds declined significantly to 3.62% from 4.98%.
The bank's Earnings Per Share (EPS) rose to Rs. 13.96, compared to Rs. 9.88 in the previous fiscal year. Net Worth Per Share edged up by 0.33% to Rs. 165.42. Based on the quarter-end market price of Rs. 346, the bank's Price-to-Earnings (P/E) ratio stood at 24.78 times.
Major Financial Highlights:
| Particulars (In Rs '000) | Mahalaxmi Bikas Bank Limited | ||
| Q4 2082/83 | Q4 2081/82 | Difference | |
| Paid Up Capital | 4,511,281.07 | 4,296,458.16 | 5.00% |
| Retained Earnings | 465,198.93 | 445,596.83 | 4.40% |
| Reserves | 2,486,163.35 | 2,341,791.10 | 6.17% |
| Deposit | 55,009,924.54 | 55,115,470.66 | -0.19% |
| Loans & Advances | 43,341,360.67 | 41,510,404.52 | 4.41% |
| Net Interest Income | 2,148,750.76 | 1,941,216.85 | 10.69% |
| Personnel Expenses | 799,060.84 | 689,170.00 | 15.95% |
| Impairment Charges | 315,680.92 | 517,372.90 | -38.98% |
| Operating Profit | 937,937.03 | 611,406.89 | 53.41% |
| Net Profit | 629,951.63 | 424,318.48 | 48.46% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 465,198.93 | 445,596.83 | 4.40% |
| Capital Adequacy (%) | 17.57 | 17.06 | 2.99% |
| NPL (%) | 6.32 | 4.98 | |
| Cost of Fund (%) | 3.62 | 4.56 | -20.61% |
| EPS (In Rs.) | 13.96 | 9.88 | 41.39% |
| Net Worth per Share (In Rs.) | 165.42 | 164.88 | 0.33% |
| Qtr end PE Ratio (times) | 24.78 | - | - |
| Qtr End Market Price | 346 | - | - |
