Nadep Laghubitta’s net profit in Q2 of FY 2075/76 fell by 53.44%; EPS stands at Rs. 17.84 with net worth per share of Rs. 219.30
Mon, Feb 25, 2019 9:49 AM on Financial Analysis, Latest, Stock Market,
Nadep Laghubitta Bittiya Sanstha Limited (NADEP) has reported a decrease in the net profit till the month of Poush of FY 2075/76.
As per the second quarter report published today, the microfinance company’s net profit and operating profit have decreased by 53.44% and 56.11% to Rs. 1.42 crore from 3.06 crores and Rs. 2 crores from 4.56 crore respectively in the corresponding quarter of the previous FY 2074/75.
The company collected Rs. 96.85 crores from deposits and has the borrowings of Rs. 2.07 arba while it was able to float Rs. 3.28 arba as loans and advances during the second quarter.
The paid-up capital of the company stands at Rs 16 crore with Rs 19.08 crore as a reserve.
In the report, the EPS has been reported as Rs. 17.84 with Net worth per share as Rs 219.30. The PE ratio of the microfinance company remains at Rs. 44.85.
Major Highlights:
|
Particulars (In Rs '000) |
Nadep Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
160,000 |
112,000 |
42.86% |
|
Reserve & Surplus |
190,874 |
154,698 |
23.38% |
|
Deposits |
968,506 |
731,428 |
32.41% |
|
Borrowings |
2,069,534 |
1,552,490 |
33.30% |
|
Loans & Advances |
3,287,408 |
2,318,365 |
41.80% |
|
Net Interest Income |
119,710 |
111,184 |
7.67% |
|
Provision for possible losses |
33,319 |
2,544 |
1209.89% |
|
Operating Profit |
20,041 |
45,667 |
-56.11% |
|
Net Profit |
14,270 |
30,648 |
-53.44% |
|
NPL (%) |
4.34 |
1.96 |
121.43% |
|
Annualized EPS (In Rs.) |
17.84 |
54.73 |
-67.41% |
|
Net Worth per Share (In Rs.) |
219.30 |
238.12 |
-7.91% |
|
P/E ratio (based on closing price) |
44.85 |
||
