Muktinath Bikas Bank’s Q4 report shows improved performance with high rise in deposits and loans; Net profit of Gandaki Bikas Bank increases by 24.75% with EPS standing at Rs 18.25
Tue, Jul 31, 2018 2:08 AM on Financial Analysis, Stock Market, Featured,
Muktinath Bikas Bank Limited (MNBBL) has posted profit growth of 18.19 percent in the fourth quarter (Q4) of the fiscal year 2074/75.
Publishing the unaudited financial report for the fourth quarter today, the development bank stated that its net profit rose to Rs 57.54 crore in the fiscal year 2074/75, up from Rs 48.69 crore in the corresponding period of the previous fiscal year 2073/74.
Its net interest income has risen from Rs 1.03 arba in corresponding quarter to Rs 1.25 arba in the last quarter. Muktinath Bikas Bank’s paid up capital remains at Rs 2.59 arba with reserve of Rs 94.79 crore in Q4. The development bank has collected deposits of Rs 30.35 arba in the fourth quarter, up from Rs 16.77 arba in the corresponding quarter.
Likewise, it has extended loans and advances of Rs 25.26 arba in Q4 whereas in the same period last year the figure stood at Rs 15.31 arba. Its non-performing loan (NPL) has dropped to 0.0044% in Q4 from 0.02% in the previous year report.
MNBBL’s annualized earning per share (EPS) stands at Rs 22.20, net worth per share at Rs 136.57 and the P/E ratio at 17.03 times.
Major Highlights:
|
Particulars (In Rs '000) |
MNBBL |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
2,591,763 |
1,977,798 |
31.04% |
|
Reserve & Surplus |
947,913 |
312,011 |
203.81% |
|
Deposits |
30,354,845 |
16,775,223 |
80.95% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
25,260,012 |
15,316,388 |
64.92% |
|
Net Interest Income |
1,258,103 |
1,031,815 |
21.93% |
|
Provision for possible losses |
138,389 |
69,937 |
97.88% |
|
Operating Profit |
887,823 |
728,002 |
21.95% |
|
Net Profit |
575,475 |
486,923 |
18.19% |
|
NPL (%) |
0.0044 |
0.02 |
-78.00% |
|
Annualized EPS (In Rs.) |
22.20 |
24.62 |
-9.81% |
|
Net Worth per Share (In Rs.) |
136.57 |
115.78 |
17.96% |
|
P/E Ratio (In times) |
17.03 |
- |
|
Gandaki Bikas Bank Limited (GDBL) has reported increase in net profit by 24.75% in the fourth quarter of the current fiscal year 2074/75.
As per the report published in newspaper, the development bank has stated that its net profit increased to Rs 50.18 crore in Q4 from Rs 40.22 crore reported in the corresponding quarter of the previous fiscal year 2073/74.
It has collected deposits of Rs 23.52 arba and floated loans of Rs 20.06 arba in Q4 of the FY 2074/75.
It’s paid up capital remains at Rs 2.75 arba and has reserve of Rs 1.01 arba.
The development bank’s non-performing loan (NPL) stayed at 0.41%..
Its Earning Per Share (EPS) now stands at Rs 18.25, net worth per share at Rs 136.90 and P/E ratio at 11.23 times.
Major Highlights:
|
Particulars (In Rs '000) |
GDBL |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
2,750,000 |
2,289,018 |
20.14% |
|
Reserve & Surplus |
1,014,645 |
484,920 |
109.24% |
|
Deposits |
23,522,900 |
18,334,571 |
28.30% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
20,065,094 |
16,518,077 |
21.47% |
|
Net Interest Income |
1,046,319 |
764,289 |
36.90% |
|
Provision for possible losses |
45,169 |
12,379 |
264.88% |
|
Operating Profit |
779,232 |
616,413 |
26.41% |
|
Net Profit |
501,828 |
402,258 |
24.75% |
|
NPL |
0.41 |
0.41 |
0.00% |
|
Annualized EPS (In Rs.) |
18.25 |
17.57 |
3.84% |
|
Net Worth per Share (In Rs.) |
136.90 |
121.18 |
12.96% |
|
P/E Ratio (In times) |
11.23 |
- |
- |
