Miteri Development Bank profit decreases to Rs 7.28 crore in Q3;EPS at Rs 19.69 & net worth per share stands at Rs 131.89
Tue, Apr 24, 2018 12:32 AM on Financial Analysis, Latest, Stock Market,
Miteri Development Bank Limited (MDB) has reported decrease in net profit by 11.88% in the third quarter of the current fiscal year 2074/75.
As per the report published in newspaper, the development bank has stated that its net profit decreased to Rs 7.28 crore in Q3 from Rs 8.27 crore reported in the corresponding quarter of the previous fiscal year 2073/74.
It has collected deposits of Rs 3.17 arba and floated loans of Rs 2.93 arba in Q3 of current fiscal year.
It’s paid up capital remains at Rs 50.00 crore and has reserve of Rs 15.94 crore.
The development bank’s non-performing loan (NPL) decreased to 0.09% from 0.34%.
Its annualized Earning Per Share (EPS) now stands at Rs 19.44, net worth per share at Rs 131.89 and P/E ratio at 14.87 times.
Major Highlights:
|
Particulars (In Rs '000) |
MDB |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
500,000 |
380,293 |
31.48% |
|
Reserve & Surplus |
159,441 |
175,579 |
-9.19% |
|
Deposits |
3,179,322 |
2,506,494 |
26.84% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
2,934,171 |
2,267,994 |
29.37% |
|
Net Interest Income |
128,604 |
143,853 |
-10.60% |
|
Provision for possible losses |
8,095 |
5,242 |
54.43% |
|
Operating Profit |
114,453 |
129,872 |
-11.87% |
|
Net Profit |
72,888 |
82,718 |
-11.88% |
|
NPL (%) |
0.09 |
0.34 |
-73.53% |
|
Annualized EPS (In Rs.) |
19.44 |
29.00 |
-32.98% |
|
Net Worth per Share (In Rs.) |
131.89 |
146.17 |
-9.77% |
|
P/E Ratio (In times) |
14.87 |
- |
- |
