Multipurpose Finance reported Net profit of Rs. 36.03 lakhs in Q2; EPS and Net worth stand at Rs. 17.38 and Rs. 165.85 respectively
Mon, Feb 11, 2019 11:26 AM on Financial Analysis, Latest, Stock Market,
Multipurpose Finance Company Limited (MPFL) has published an unaudited quarterly report for the second quarter of FY 2075/76.
There has been no change in the paid-up capital since the corresponding quarter end of the previous year which stands at Rs. 4.14 Crore. The reserves have grown by 51.93% to stand at Rs. 2.73 Crore.
The deposits of the company have increased to Rs. 22.13 Crore while the loans and advances have grown to Rs. 21.80 Crore compared to the corresponding quarter end of FY 2074/75.
Further, the operating profit of the company has increased by a massive 211.66% to Rs. 39.52 Lakhs and the net profits of the company have also increased by 184.16% to Rs. 36.03 Lakhs compared to the corresponding quarter of the previous year. The provision for possible losses have decreased by 31.14% to stand at Rs. 5.69 Lakhs.
The NPL of the company stands at 7% which was previously at 5% in last year's corresponding quarter. The EPS stands at Rs. 17.38 with a PE ratio of 9.96 times in Q2.
Major Highlights:
Particulars (In Rs '000) |
Multipurpose Finance Company Limited |
||
---|---|---|---|
Q2 2075/76 |
Q1 2075/76 |
Difference |
|
Paid Up Capital |
41,474 |
41,474 |
0.00% |
Reserve & Surplus |
27,312 |
17,977 |
51.93% |
Deposits |
221,366 |
190,913 |
15.95% |
Borrowings |
0 |
0 |
- |
Loans & Advances |
218,048 |
196,514 |
10.96% |
Net Interest Income |
7,111 |
3,963 |
79.42% |
Provision for possible losses |
569 |
827 |
-31.14% |
Operating Profit |
3,952 |
1,268 |
211.66% |
Net Profit |
3,603 |
1,268 |
184.16% |
NPL (%) |
7 |
5 |
40.00% |
Annualized EPS (In Rs.) |
17.38 |
6.11 |
184.16% |
Net Worth per Share (In Rs.) |
165.85 |
143.35 |
15.70% |
P/E ratio |
9.96 |