Manjushree finance reported decline in its major profitabilty indicators in Q2; Annualized EPS at Rs. 23.49

Wed, Jan 27, 2021 8:48 AM on Latest, Company Analysis,

Manjushree Finance Limited (MFIL) reported a Net Profit of Rs. 11.34 crores; a decline of 20.90% in the second quarter of the fiscal year 2077/78.

Its net interest income decreased to Rs. 19.33 crores till Q2 from Rs. 19.69 Crores in the corresponding quarter previous year.

The bank has collected deposits of Rs. 7.89 Arba while it has mobilized loans and advances of Rs. 5.83 Arba till Q2 of FY 2077/2078.

Manjushree Finance has a paid-up capital of Rs. 96.53 crores and reserve stood at Rs. 40.63 Crores.

The Earnings per Share (annualized) stood at Rs. 23.49 and net worth per share stands at Rs. 142.09. The Company traded at a P/E multiple of 15.03 times.

Click here for Q2 report

Major Highlights:

Particulars

Manjushree Finance Limited

Q2, 2077/2078

Q2, 2076/2077

Difference

Paid-Up Capital

965,395.00

818,131.00

18.00%

Reserve & Surplus

406,372.00

486,365.00

-16.45%

Deposit from Customers

7,895,348

5,848,383

35.00%

Loans & Advances

5,834,082

5,882,919

-0.83%

Net Interest Income

193,387.00

196,967.00

-1.82%

Impairment Charge/(Reversal) for loans

24,597.00

9,890.00

-

Operating Profit

97,540

100,131.00

-2.59%

Net Profit

113,402.00

143,374.00

-20.90%

Capital Adequacy (%)

13.68%

15.11%

-

NPL (%)

3.01%

3.43%

-

Cost of fund (%)

7.05%

9.26%

-

EPS (Rs.)

23.49

35.05

-

Net worth per share (Rs.)

142.09

159.45

-

Qtr end PE ratio (Times)

15.03

-

-

Qtr End Market Price

353

-

-