Mahuli Laghubitta Reports 10.74% Rise In Net Profit in Q4; Cost of Fund Rises to 10.96%
Fri, Jul 22, 2022 11:09 AM on Latest, Financial Analysis, Stock Market,
Mahuli Laghubitta Bittiya Sanstha Limited's (MSLB) net profit rises by 10.74% in the fourth quarter of FY 2078/79.
Publishing the unaudited financial report for the fourth quarter today, the microfinance institution has stated that its profit increased to Rs 10.08 crore in Q4 from Rs 9.8 crore in the corresponding quarter of the last fiscal year.
The microfinance institution’s borrowing increased to Rs 97.13 crore and has collected Rs 88.34 crore in deposits.
Likewise, it has extended loans and advances of Rs 2.25 arba till Q4 of FY 2078/79 whereas in the same period last year the figure stood at Rs. 3.22 arba.
It has a share capital of Rs 28.2 crore and has Rs 29.2 crore in reserve and surplus. Its non-performing loan (NPL) decreased to 1.5 % from 2.09 % in the last fiscal year.
MSLB’s earning per share (EPS) is Rs 38.48. Its net worth per share stands at Rs 203.56 and P/E ratio stands at 30.02 times.
Major Highlights:
| Particulars (In Rs '000") | Mahuli Laghubitta | ||
|---|---|---|---|
| Q4 2078/79 | Q4 2077/78 | Difference | |
| Share Capital | 282,169 | 223,944 | 26.00% |
| Reserves and surplus | 292,217 | 248,028 | 17.82% |
| Borrowings | 2,257,071 | 1,556,744 | 44.99% |
| Loans & Advances | 4,466,538 | 3,228,590 | 38.34% |
| Net Interest Income | 284,191 | 237,811 | 19.50% |
| Total Operating Income | 380,239 | 310,425 | 22.49% |
| Provision for possible losses | 8,266 | 29,010 | -71.51% |
| Operating Profit | 172,353 | 137,023 | 25.78% |
| Profit/(Loss) for the Year | 108,582 | 98,048 | 10.74% |
| Capital Adequacy Ratio (CAR) | 12.21 | 13.22 | -7.64% |
| NPL | 1.5 | 2.09 | -28.23% |
| CCD (as per NRB Directives) | 278.93 | 260.81 | 6.95% |
| Cost of Fund (%) | 10.96 | 6.8 | 61.18% |
| Interest Rate Spread (%) | 4.02 | 7.57 | -46.90% |
| Average Yield (%) | 14.97 | 14.37 | 4.18% |
| EPS (In Rs.) | 38.48 | 43.78 | -12.11% |
| Net Worth per Share (In Rs.) | 203.56 | ||
| Qtr End PE Ratio (times) | 30.02 | - | - |
| Qtr End Market Price | 1155 | - | - |
