Mithila Laghubitta reports EPS & Net worth at Rs 21.53 & Rs 139.22 respectively in Q1
Fri, Nov 2, 2018 8:43 AM on Financial Analysis, Latest, Stock Market,

Mithila Laghubitta Bikas Bank (MLBBL) has posted massive increase in its net profit by 140.73% in the first quarter of the current fiscal year.
As per the unaudited financial report published today, the microfinance company has stated that its net profit has increased to Rs 35.51 lakh in Q1 of the FY 2075/76 from Rs 14.75 lakh of the corresponding quarter.
Its provision for possible losses has also increased to Rs 37.91 lakh.
It has total deposit of Rs 19.10 crore and has floated loans of Rs 67.49 crore. In the first quarter, the borrowings amounted to Rs 42.99 crore.
It has a paid up capital of Rs 6.59 crore and Rs 2.58 crore in the reserve.
Its NPL stands at 3.5% which is an increment from previous year’s 3.35%.
Its EPS stands at Rs 21.53 and Net worth per share is Rs 139.22.
Major Highlights:
Particulars (In Rs '000) |
MLBBL |
||
---|---|---|---|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
Paid Up Capital |
65,978 |
57,372 |
15.00% |
Reserve & Surplus |
25,874 |
22,583 |
14.57% |
Deposits |
191,025 |
129,092 |
47.98% |
Borrowings |
429,983 |
325,808 |
31.97% |
Loans & Advances |
674,952 |
475,164 |
42.05% |
Net Interest Income |
13,187 |
11,191 |
17.84% |
Provision for possible losses |
3,791 |
1,881 |
101.60% |
Operating Profit |
4,718 |
2,242 |
110.41% |
Net Profit |
3,551 |
1,475 |
140.73% |
NPL (%) |
3.5 |
3.35 |
4.48% |
Annualized EPS (In Rs.) |
21.53 |
10.28 |
109.33% |
Net Worth per Share (In Rs.) |
139.22 |
139.36 |
-0.10% |
P/E Ratio (In times) |
40.51 |
|
|