Mahuli Laghubitta Reports Decline in Net Profit by 78.27% in Q1; EPS at Rs. 8.26; NPL at 2.23%
Sun, Oct 23, 2022 12:39 PM on Latest, Financial Analysis, Stock Market,
Mahuli Laghubitta Bittiya Sanstha (MSLB) has published its first-quarter report of FY 2079/2080 with a decrease of 78.27% in Net Profit. As per the report published by the company, the net profit decreased to Rs. 58.29 Lakhs as compared to Rs. 2.6 Crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 13.68 % to Rs. 2.57 Arba which was Rs. 2.26 Arba in the corresponding quarter of the previous year. The company’s loans and advances increased by 7.73 % to Rs. 4.85 Arba in this quarter.
The net interest income (core revenue) has decreased by 4.47% to Rs. 7.3 crores compared to Rs. 7.6 crores in the corresponding quarter of the previous year.
The paid-up capital of the company remained at Rs. 28.2 crores in this quarter and its reserve and surplus increased to Rs. 32.6 crores.
Its annualized earnings per share (EPS) stands at Rs. 8.26. The net worth per share increased to Rs. 215.66. The company traded at a P/E multiple of 129.38 times.
Financial Highlights:
| Particulars (In Rs '000) | Mahuli Laghubitta Bittiya Sanstha | ||
|---|---|---|---|
| Q1 2079/80 | Q1 2078/79 | Difference | |
| Paid Up Capital | 282,169 | 282,169 | 0.00% |
| Reserves | 186,060 | 180,650 | 2.99% |
| Retained Earnings | 140,304 | 140,103 | 0.14% |
| Deposits | 1,698,360 | 1,640,584 | 3.52% |
| Borrowings | 2,571,029 | 2,261,620 | 13.68% |
| Loans & Advances | 4,854,453 | 4,505,969 | 7.73% |
| Net Interest Income | 73,305 | 76,733 | -4.47% |
| Impairment Charge/(reversal) for loans and other loans | 29,393 | 9,074 | 223.92% |
| Operating Profit | 8,326 | 39,045 | -78.67% |
| Net Profit | 5,829 | 26,825 | -78.27% |
| Capital Adequacy (%) | 11.41 | 12.60 | -9.44% |
| NPL (%) | 2.23 | 2.42 | -7.85% |
| Annualized EPS (In Rs.) | 8.26 | 38.03 | -78.27% |
| Net Worth per Share (In Rs.) | 215.66 | 213.67 | 0.93% |
| PE Ratio (times) | 129.38 | - | - |
| Qtr End Market Price | 1069 | ||
