Mahuli Laghubitta reports 77.53% rise in net profit in Q4; net worth per share stands at Rs 289.41

Thu, Aug 1, 2019 7:18 AM on Financial Analysis, Latest, Stock Market,

Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) net profit rises by 77.53% in the fourth quarter of the FY 2075/76.

Publishing the unaudited financial report for the fourth quarter today, the microfinance institution has stated that its profit increased to Rs 4.29 crore in Q4 from Rs 2.41 crore in the corresponding quarter of the last fiscal year.

The microfinance institution’s borrowing increased to be Rs 97.13 crore and has collected Rs 88.34 crore in deposits.

Likewise, it has extended loans and advances of Rs 2.06 arba till Q4 of FY 2075/76 whereas in the same period last year the figure stood at Rs. 1.48 arba.

It has a paid up capital of Rs 10.20 crore and has Rs 19.31 crore in reserve and surplus. Its non- performing loan (NPL) decreased to 1.62% from 1.82% in the last fiscal year.

MSLB’s earning per share (EPS) is Rs 42.10. Its net worth per share stands at Rs 289.41 and P/E ratio stands at 22.49 times.

Major Highlights:

Particulars (In Rs '000)

Mahuli Laghubitta

Q4 2075/76

Q4 2074/75

Difference

Paid Up Capital

102,000.00

60,000.00

70.00%

Reserve & Surplus

193,195.67

159,120.04

21.42%

Borrowings

971,323.24

737,505.69

31.70%

Deposits

883,491.38

686,210.91

28.75%

Loans & Advances

2,063,080.58

1,489,255.99

38.53%

Net Interest Income

147,325.90

96,127.38

53.26%

Staff Expenses

82,142.85

54,277.54

51.34%

Provision for possible losses

10,936.40

9,524.85

-

Operating Profit

67,442.25

41,398.25

62.91%

Net Profit

42,944.71

24,189.71

77.53%

Capital Adequacy (%)

12.79

14.72

-13.11%

NPL (%)

1.62

1.82

-10.99%

Cost of Fund (%)

10.37

9.07

14.33%

EPS (In Rs.)

42.10

40.32

4.43%

Net Worth per Share (In Rs.)

289.41

365.20

-20.75%

PE Ratio (times)

22.49

-

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