Muktinath Bikas Bank’s Net Profit Surges 43.44% to Rs. 32.24 Crores in Q1 FY 2083/84; Operating Profit Jumps 135.54%
Sun, Nov 1, 2026 12:21 PM on Financial Analysis, Highlight News, Company Analysis,
Muktinath Bikas Bank Limited has reported a 43.44% growth in net profit for the first quarter of FY 2083/84, reaching Rs. 32.24 Crores compared to Rs. 22.48 Crores in the corresponding quarter of the previous fiscal year. The bank's paid-up capital remained unchanged at Rs. 8.00 Arba, while reserves increased by 8.61% to Rs. 46.38 Crores. Retained earnings declined by 8.90% to Rs. 6.16 Crores.
During the quarter, total deposits increased by 2.20% to Rs. 1.26 Kharba, while loans and advances grew by 4.94% to Rs. 1.05 Kharba. Net Interest Income increased by 2.71% to Rs. 1.22 Arba. Personnel expenses rose by 6.93% to Rs. 37.51 Crores, while impairment charges declined sharply by 74.97% to Rs. 13.55 Crores. Operating profit surged by 135.54% to Rs. 75.63 Crores.
Muktinath Bikas Bank's distributable profit after profit/loss appropriation and regulatory adjustments stood at Rs. 61.56 Crores, compared to Rs. 1.22 Arba in the corresponding quarter. The bank's capital adequacy ratio stood at 12.86%, while the Non-Performing Loan (NPL) ratio increased to 4.73% from 4.03%. The cost of funds declined significantly to 3.55% from 4.46%.
The bank's Earnings Per Share (EPS) increased by 43.44% to Rs. 16.12 from Rs. 11.24 in the corresponding quarter, while net worth per share increased by 2.38% to Rs. 165.67 from Rs. 161.82. Muktinath Bikas Bank's quarter-end PE ratio stood at 21.34 times, while its quarter-end market price was Rs. 344 per share.
* Figures are of Immediate Previous Year Quarter Ending
Major Highlights:
| Particulars (In Rs '000) | Muktinath Bikas Bank Limited | ||
| Q1 2083/84 | Q1 2082/83 | Difference | |
| Paid Up Capital | 8,000,389.00 | 8,000,389.00* | 0.00% |
| Share Premium | 0.00 | 0.00 | 0.00% |
| Retained Earnings | 615,606.00 | 675,756.00* | -8.90% |
| Reserves | 4,638,124.00 | 4,270,271.00* | 8.61% |
| Deposit | 126,258,269.00 | 123,539,443.00* | 2.20% |
| Loans & Advances | 105,473,321.00 | 100,508,831.00* | 4.94% |
| Net Interest Income | 1,217,607.00 | 1,185,510.00 | 2.71% |
| Personnel Expenses | 375,073.00 | 350,780.00 | 6.93% |
| Impairment Charges | 135,454.00 | 541,167.00 | -74.97% |
| Operating Profit | 756,335.00 | 321,106.00 | 135.54% |
| Net Profit | 322,424.00 | 224,774.00 | 43.44% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 615,606.00 | 1,224,904.00 | -49.74% |
| Capital Adequacy (%) | 12.86 | 12.92 | -0.46% |
| NPL (%) | 4.73 | 4.03 | |
| Cost of Fund (%) | 3.55 | 4.46 | -20.40% |
| EPS (In Rs.) | 16.12 | 11.24 | 43.44% |
| Net Worth per Share (In Rs.) | 165.67 | 161.82 | 2.38% |
| Qtr end PE Ratio (times) | 21.34 | - | - |
| Qtr End Market Price | 344 | - | - |
