Manjushree Finance reports increase in net profit by 49%; EPS and Net worth stand at Rs 10.06 and Rs 121.04 respectively

Tue, Apr 17, 2018 1:47 AM on Financial Analysis, Latest, Stock Market,

Manjushree Finance Limited (MFIL) has posted net profit of Rs 5.46 crore in the third quarter of the FY 2074/75 which is a rise by 49% as compared to the net profit of the previous quarter.

As per the unaudited report published today, the finance has shown operating profit of Rs 5.98 crore in the Q3 of FY 2074/75.

The finance has collected Rs 5.61 arba in deposits and disbursed Rs 4.97 arba in loans in the third quarter as compared to Rs 3.25 arba in deposits and Rs 3.31 arba in loans in the corresponding quarter last year.

Its current paid up capital stands at Rs 72.43 crore with reserve of Rs 15.24 crore.

Its non-performing loan (NPL) decreased to 2.13% from 2.71%.

Its annualized EPS stands at Rs 10.06, net worth per share stands at Rs 121.04 and P/E ratio at 12.82 times.

Highlights:

Particulars (In Rs '000)

MFIL

Q3 2074/75

Q3 2073/74

Difference

Paid Up Capital

724,379

623,901

16.10%

Reserve & Surplus

152,396

64,746

135.38%

Deposits

5,618,241

3,256,475

72.53%

Borrowings

186,607

677,900

-72.47%

Loans & Advances

4,977,858

3,313,893

50.21%

Net Interest Income

116,177

89,913

29.21%

Provision for possible losses

12,245

14,966

-18.18%

Operating Profit

59,822

50,152

19.28%

Net Profit

54,678

36,578

49.48%

NPL (%)

2.13

2.71

-21.40%

Annualized EPS (In Rs.)

10.06

7.82

28.75%

Net Worth per Share (In Rs.)

121.04

110.38

9.66%

P/E Ratio (In times)

12.82

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