Mithila Laghubitta Bittiya Sanstha earning rises to Rs. 2.35 crores in Q4; EPS at Rs. 22.23 and PE at 36.66 times

Thu, Aug 13, 2020 12:43 PM on Latest, Company Analysis,

Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) has posted a net profit of Rs 23.53 million (2.35 crores) and published its 4th quarter company analysis of the fiscal year 2076/77.

MLBBL has published an unaudited financial report for the fourth quarter today. It has stated that net profit has increased to Rs. 2.35 crores in the fourth quarter of FY 2076/2077 from Rs. 1.91 crores reported in the corresponding quarter of the previous year.

Mithila Laghubitta’s Net Interest Income increased by 30.35% in Q4, 2076/2077, and stood at Rs. 7.65 crores.

The company has a borrowing of Rs. 83.61 crores. Likewise, it has floated loans of Rs. 1.21 Arba which is an increase of 27.85% compared to the corresponding quarter of the previous year. The company has collected a deposit of Rs. 35.96 crores till the fourth quarter of the FY 2076/77.

Its paid-up capital stands at Rs. 10.58 crores with a reserve and surplus of Rs. 6.45 crores. The reserve and surplus of the company increased by 34.72% in this quarter.

The earnings per share (EPS) stands at Rs. 22.23 and net worth per share stands at Rs. 160.95. The Qtr. end P/E ratio stood at 36.66 times.

Click here for Q4 report.

Major Highlights:

Particulars (In Rs '000)

Mithila Laghubitta Bittiya Sanstha Limited

Q4 2076/77

Q4 2075/76

Difference

Paid Up Capital

105,861.60

98,966.91

6.97%

Reserve & Surplus

64,520.95

47,893.34

34.72%

Deposits

359,636.18

249,472.08

44.16%

Borrowings

836,140.32

582,721.49

43.49%

Loans & Advances

1,212,337.95

948,221.90

27.85%

Net Interest Income

76,597.95

58,763.68

30.35%

Staff Expenses

43,199.81

29,924.18

44.36%

Provision for possible losses

5,024.20

7,618.18

 

Operating Profit

33,442.27

29,508.06

13.33%

Net Profit

23,533.72

19,182.14

22.69%

Capital Adequacy (%)

12.82

15.02

-14.65%

NPL (%)

1.59

2.33

 

Cost of Fund (%)

9.44

9.21

2.50%

EPS (In Rs.)

22.23

19.38

FALSE

Net Worth per Share (In Rs.)

160.95

148.39

8.46%

PE Ratio (times)

36.66

-

-

Qtr End Price

815.00

-

-

PB Ratio (times)

5.1

-

-