Nadep Laghubitta Profitable by 11.4 Crores; Operating Profit Declines 47.75% and EPS down at Rs. 23.49
Mon, Aug 1, 2022 11:34 AM on Latest, Financial Analysis, Stock Market,
NADEP Laghubitta Bittiya Sanstha Limited has posted a net profit of Rs 11.4 Crores and published its 4th quarter company analysis of the fiscal year 2078/79.
The profit of the company in Q4 2078/79 has decreased by 28.96% compared to Rs 16 crores in the Q4 2077/78.
The borrowings of the company have increased by 4.78% to Rs 2.06 Arba from Rs 1.97 Arba in Q4 2078/79. The microfinance company collected deposits of Rs 1.77 Arba and has floated loans of Rs 5.01 Arba in the Q4 2078/79. Loan & advances of the company have increased by 13.44% compared to the corresponding quarter of last fiscal year.
The net interest income of the company has decreased by 17.95% and the operating profit has plunged by 47.75%.
The Paid-Up capital and reserve of Nadep Laghubitta Bittiya Sanstha Limited stand at Rs 48.5 crores and Rs 39.2 crores respectively. The EPS and net worth per share stood at Rs 23.49 and Rs 180.84 respectively in Q4 2078/79. Moreover, the liquidity ratio according to the report is 5.70 times.
Major Financial Highlights
| Particulars (In Rs '000) | NADEP Laghubitta | ||
|---|---|---|---|
| Q4 2078/79 | Q4 2077/78 | Difference | |
| Paid Up Capital | 485,760 | 485,760 | 0.00% |
| Reserve & Surplus | 392,710 | 287,031 | 36.82% |
| Borrowings | 2,066,963 | 1,972,707 | 4.78% |
| Deposits | 1,771,315 | 1,544,248 | 14.70% |
| Loans & Advances | 5,015,622 | 4,421,556 | 13.44% |
| Net Interest Income | 391,017 | 476,540 | -17.95% |
| Staff Expenses | 245,873 | 200,181 | 22.83% |
| Provision for possible losses | 20,036 | 27,886 | -28.15% |
| Operating Profit | 130,494 | 249,727 | -47.75% |
| Write Back | 45,559 | ||
| Net Profit | 114,096 | 160,619 | -28.96% |
| Capital Adequacy (%) | 13.07 | 13.45 | -2.83% |
| NPL (%) | 4.89 | 3.15 | 55.24% |
| Cost of Fund (%) | 10.37 | 6.54 | 58.56% |
| EPS (In Rs.) | 23.49 | 33.07 | -28.96% |
| Net Worth per Share (In Rs.) | 180.84 | ||
| Liquidity Ratio | 5.70 | - | |
