Nadep Laghubitta’s net profit rises by 13.11% in Q1; EPS stands at Rs 34.77
Mon, Nov 26, 2018 10:53 AM on Financial Analysis, Latest, Stock Market,
Nadep Laghubitta Bittiya Sanstha Limited (NADEP) has reported 13.11% rise in the net profit in the first quarter of the current fiscal year.
As per the Q1 report published today, the microfinance company’s profit has reached Rs 1.39 crore from 1.22 crore in the corresponding quarter of the previous year.
The company collected Rs 89.17 crore from deposits and Rs 2.15 arba from borrowings while it was able to float Rs 3.07 arba as loans and advances during the first quarter.
The paid-up capital of the company stands at Rs 16 crore with Rs 19.05 crore as reserve.
In the Q1, the EPS has been reported as Rs 34.77 with Net worth per share as Rs 219.07.
Major Highlights:
Particulars (In Rs '000) |
NADEP |
||
---|---|---|---|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
Paid Up Capital |
160,000 |
112,000 |
42.86% |
Reserve & Surplus |
190,513 |
136,347 |
39.73% |
Deposits |
891,748 |
693,287 |
28.63% |
Borrowings |
2,151,599 |
1,269,241 |
69.52% |
Loans & Advances |
3,077,914 |
2,196,429 |
40.13% |
Net Interest Income |
61,959 |
57,857 |
7.09% |
Provision for possible losses |
2,877 |
1,312 |
119.38% |
Operating Profit |
20,660 |
18,310 |
12.83% |
Net Profit |
13,910 |
12,297 |
13.11% |
NPL (%) |
3.36 |
2.07 |
62.32% |
Annualized EPS (In Rs.) |
34.77 |
43.92 |
-20.82% |
Net Worth per Share (In Rs.) |
219.07 |
221.74 |
-1.20% |
P/E Ratio (In times) |
44.72 |
- |