Mithila Laghubitta Posts 76.99% Growth in Net Profit, Reaches Over Rs. 8.41 Crores in FY 2081/82
Thu, Aug 7, 2025 10:15 AM on Latest, Financial Analysis, Company Analysis,
Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) has reported a significant 76.99% increase in its net profit for the fourth quarter of Fiscal Year 2081/82, totaling Rs. 8.41 crores. This is a notable jump from the Rs. 4.75 crores earned during the corresponding period of the previous fiscal year.
The microfinance institution’s paid-up capital rose by 14.25%, reaching Rs. 22.39 crores. Its reserves and surplus expanded significantly by 59.91% to Rs. 20.44 crores. Borrowings climbed by 16.60% to Rs. 1.77 arba, while customer deposits increased by 13.94%, totaling Rs. 1.19 arba. Similarly, the company’s loan portfolio reached Rs. 2.97 arba, up by 7.78% compared to the previous year.
Mithila Laghubitta's net interest income rose by 41.86%, amounting to Rs. 20.91 crores. This was supported by a 13.08% decline in interest expenses. Operating expenses decreased significantly by 27.16% to Rs. 3.45 crores.
However, the institution recorded impairment charges of Rs. 3.22 crores, marking an 87.33% increase. Despite this, operating profit surged by 107.68%, reaching Rs. 12.33 crores.
The Capital Adequacy Ratio (CAR) stood at 12.82%, up from 10.55% in the previous year, demonstrating improved financial stability. However, the Non-Performing Loan (NPL) ratio rose to 4.69% from 3.39%. The cost of funds fell to 6.97%, down by 25.45%.
The Earnings Per Share (EPS) rose to Rs. 37.58, reflecting a 54.92% year-on-year increase. The net worth per share reached Rs. 191.29, while the company’s Price-to-Earnings (P/E) ratio stood at 42.55 times, based on the closing market price of Rs. 1,598.84 per share.
| Particulars (In Rs '000) | Mithila Laghubitta | ||
|---|---|---|---|
| Q4 2081/82 | Q4 2080/81 | Difference | |
| Paid Up Capital | 223,933.15 | 196,002.76 | 14.25% |
| Reserves & Surplus | 204,429.04 | 127,841.01 | 59.91% |
| Borrowings | 1,771,143.37 | 1,518,955.48 | 16.60% |
| Deposits from Customers | 1,187,962.37 | 1,042,657.56 | 13.94% |
| Loans and Advances to Customers | 2,969,146.83 | 2,754,935.12 | 7.78% |
| Interest Expenses ' | 204,033.76 | 234,748.54 | -13.08% |
| Net Interest Income | 209,104.43 | 147,400.46 | 41.86% |
| Operating Expenses | 34,589.93 | 47,488.60 | -27.16% |
| Impairment Charges | 32,210.54 | 17,194.61 | 87.33% |
| Operating Profit | 123,310.89 | 59,375.72 | 107.68% |
| Net Profit | 84,153.01 | 47,545.85 | 76.99% |
| Capital Adequacy (%) | 12.82 | 10.55 | 21.52% |
| NPL (%) | 4.69 | 3.39 | 38.35% |
| Cost of Fund (%) | 6.97 | 9.35 | -25.45% |
| EPS (In Rs.) | 37.58 | 24.26 | 54.92% |
| Net Worth per Share (In Rs.) | 191.29 | 165.22 | 15.78% |
| Qtr end PE Ratio (times) | 42.55 | - | - |
| Qtr End Market Price | 1598.84 | - | - |
