Mahuli Laghubitta reports 2% fallin net profit for Q1 of FY 76/77; Annualized EPS at Rs 27.16 with net profit of Rs 83.12 lakh
Mon, Nov 4, 2019 10:50 AM on Financial Analysis, Latest, Stock Market,
Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) net profit falls by 2.79% in the first quarter of the FY 2076/77.
Publishing the unaudited financial report for the first quarter today, the microfinance institution has stated that its profit decreased to Rs 83.12 lakh in Q1 from Rs 85.51 lakh in the corresponding quarter of the last fiscal year.
The microfinance institution’s borrowing increased to Rs 1.04 arba and has collected Rs 93.90 crore in deposits.
Likewise, it has extended loans and advances of Rs 2.17 arba till Q1 of FY 2076/77 whereas in the same period last year the figure stood at Rs. 1.64 arba.
It has a paid-up capital of Rs 12.24 crore and has Rs 18.06 crore in reserve and surplus. Its non- performing loan (NPL) decreased to 1.62% from 1.79% in the last fiscal year.
MSLB’s annualized earning per share (EPS) is Rs 27.16. Its net worth per share stands at Rs 247.57 and P/E ratio stands at 128.11 times.
Major Highlights:
| Particulars (In Rs '000) | Mahuli Laghubitta | ||
|---|---|---|---|
| Q1 2076/77 | Q1 2075/76 | Difference | |
| Paid Up Capital | 122,400 | 60,000 | 104.00% |
| Reserve & Surplus | 180,625 | 163,154 | 10.71% |
| Borrowings | 1,047,016 | 703,862 | 48.75% |
| Deposits | 939,031 | 749,453 | 25.30% |
| Loans & Advances | 2,175,412 | 1,641,898 | 32.49% |
| Net Interest Income | 43,440 | 32,703 | 32.83% |
| Staff Expenses | 30,314 | 21,516 | 40.89% |
| Provision for possible losses | 3,462 | 1,089 | 217.78% |
| Operating Profit | 13,254 | 12,498 | 6.05% |
| Net Profit | 8,312 | 8,551 | -2.79% |
| Capital Adequacy (%) | 11.91 | 11.84 | 0.59% |
| NPL (%) | 1.62 | 1.79 | -9.50% |
| Cost of Fund (%) | 11.13 | 10.79 | 3.15% |
| Annualized EPS (In Rs.) | 27.16 | 57.01 | -52.36% |
| Net Worth per Share (In Rs.) | 247.57 | - | |
| PE Ratio (times) | 128.11 | - | |
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