Muktinath Bikas Bank Reports Impressive Growth In Major Profitability Indicator In Q4
Sun, Aug 15, 2021 5:30 AM on Company Analysis, Latest,
Muktinath Bikas Bank Limited (MNBBL) has published its fourth-quarter report for the FY 2077/78 with an impressive rise in net profit by 62.70%.
The bank’s profit has increased from Rs 70.74 crore in the fourth quarter of the fiscal year 2076/77 to Rs 1.15 arba in the fourth quarter of the fiscal year 2077/78. In the same quarter, the bank has Rs 86.05 crore as distributable profit after PL Appropriation and Regulatory Adjustments.
The bank’s deposit from customers has a growth rate of 51.63% (compared to the immediate previous year ending) to Rs 86.90 arba and loans and advances to customers have increased by 52.95% (compared to the immediate previous year ending) to Rs 72.89 arba in the fourth quarter. The net interest income of the bank has increased by 19.70% to Rs 2.70 arba from Rs 2.25 arba of the corresponding quarter.
The bank’s paid-up capital stands at Rs 4.81 arba with Rs 1.99 arba as its reserve and surplus.
The Non-Performing Loan (NPL) has declined to 0.25% from 0.46%.
The EPS of MNBBL stands at Rs 23.92. The net worth per share stands at Rs 141.49 and the qtr end PE ratio stands at 27.47 times.
Major Highlights:
|
Particulars |
Muktinath Bikas Bank Limited |
||
|---|---|---|---|
|
Q4, 2077/2078 |
Q4, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
4,811,550.80 |
4,324,989.49 |
11.25% |
|
Reserve & Surplus |
1,996,483.52 |
1,493,469.20 |
33.68% |
|
Deposit from Customers |
86,903,303.40 |
57,310,862.70 |
51.63% |
|
Loans & Advances |
72,899,550.44 |
47,660,904.61 |
52.95% |
|
Net Interest Income |
2,704,576.35 |
2,259,384.25 |
19.70% |
|
Impairment Charge/(Reversal) for loans |
533,124.59 |
316,856.63 |
- |
|
Operating Profit |
1,630,076.49 |
1,008,841.18 |
61.58% |
|
Net Profit |
1,150,979.54 |
707,405.12 |
62.70% |
|
Capital Adequacy (%) |
11.16% |
13.23% |
- |
|
NPL (%) |
0.25% |
0.46% |
- |
|
Cost of fund (%) |
6.26% |
7.52% |
- |
|
EPS (Rs.) |
23.92 |
16.36 |
- |
|
Net worth per share (Rs.) |
141.49 |
134.53 |
- |
|
Qtr end PE ratio (Times) |
27.47 |
- |
- |
|
Qtr End Market Price |
657 |
- |
- |
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