Mount Makalu Development Bank register increase in Net profit by 16.17%; EPS reduces to 7.67
Fri, May 18, 2018 1:06 AM on Financial Analysis, Latest, Stock Market,
Mount Makalu Development Bank Limited (MMDBL) has registered 16.17% increase in net profit in the third quarter of the current fiscal year 2074/75. Its net profit has risen to Rs 58.72 lakh in third quarter from Rs 50.55 lakh in the corresponding quarter of the fiscal year 2073/74.
According to the unaudited financial report published by the development bank today; its interest income has increased to Rs 1.54 crore in Q3 as compared to Rs 1.22 crore in the corresponding quarter.
It’s paid up capital increased to Rs 10.21 crore. Deposits collection reached Rs 17.17 crore in Q3 and floated loans of Rs 17.86 crore. Its non-performing loan has increased to 2.65 percent in Q3 down from 0.9 percent in the previous year report.
Its annualized earning per share (EPS) stand at Rs 7.67, Net worth per share at Rs 116.85 and P/ E ratio at 87.78 times.
The company is in acquisition process by Kabeli Bikas Bank Limited.
Major Highlights:
|
Particulars (In Rs '000) |
MMDBL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
102,122 |
65,000 |
57.11% |
|
Reserve & Surplus |
17,208 |
14,057 |
22.41% |
|
Deposits |
171,680 |
155,854 |
10.15% |
|
Loans & Advances |
178,562 |
155,418 |
14.89% |
|
Net Interest Income |
15,403 |
12,224 |
26.01% |
|
Provision for possible losses |
1,415 |
737 |
92.03% |
|
Operating Profit |
9,306 |
8,315 |
11.92% |
|
Net Profit |
5,872 |
5,055 |
16.17% |
|
NPL (%) |
2.65 |
0.9 |
194.44% |
|
Annualized EPS (In Rs.) |
7.67 |
10.37 |
-26.06% |
|
Net Worth per Share (In Rs.) |
116.85 |
- |
|
|
P/E Ratio (In times) |
87.78 |
- |
|
