Mahila Sahayatra Microfinance shows remarkable growth in Q3 of FY 2075/76 with 226% rise in net profit; Paid-up capital stands at Rs 12.1 crore with annualized EPS of Rs 20.88

Tue, May 7, 2019 2:06 PM on Financial Analysis, Latest, Stock Market,
Mahila Sah...

Mahila Sahayatra Microfinance Bittiya Sanstha Limited (MSMBS) has reported increment in net profit of about 226% in the third quarter of the fiscal year 2075/76 compared to the corresponding quarter of the previous year.

According to the unaudited financial report for the third quarter published today, the microfinance company's net profit increased to Rs 1.89 Crore in the third quarter as compared to Rs 58.12 Lakh in the corresponding quarter of the last fiscal year 2074/75.

Its deposits have increased outstandingly to reach Rs 26.64 Crore in the third quarter of the fiscal year 2075/76 from Rs 12.96 Crore in the corresponding quarter of the previous fiscal year. It has floated loans of Rs 1.13 Arba in the third quarter of fiscal year 2075/76.

The borrowing of the microfinance has increased from Rs 47.69 Crore in the corresponding quarter of the previous year to Rs 71.18 Crore in the third quarter of the fiscal year 2075/76.

Its net interest income has also increased to Rs 5.71 Crore in the Q3 up from Rs 3.96 Crore compared to the corresponding quarter of the last fiscal year. The microfinance company has an operating profit of Rs 2.34 Crore in Q3 of the ongoing fiscal year.

MSMBS’s paid up capital stand at Rs 12.10 Crore and reserve and surplus is Rs 2.9 Crore in third quarter of FY 2075/76.

It’s Earnings per Share (EPS) stands at Rs 20.88 and net worth per share stands at Rs 124.

Highlights:

Particulars (In Rs '000)

MSMBS
Q3 2075/76 Q3 2074/75 Difference
Paid Up Capital 121,000 121,000 -
Reserve & Surplus 29,052 15,290 90.00%
Deposits 266,447 129,689 105.45%
Borrowings 711819.93 476942.25 49.25%
Loans & Advances 1,133,334 714,360 58.65%
Net Interest Income 57,118 39,689 43.91%
Provision for possible losses 16,251 13,470 20.65%
Operating Profit 23,445 4,637 405.58%
Net Profit 18,948 5,812 226.03%
NPL (%) 2.14 2.94 -27.21%
Annualized EPS (In Rs.) 20.88    
Net Worth per Share (In Rs.) 124.00    
P/E Ratio (In times) 25.38