National Microfinance reported massive growth in net profit in Q2; Look at the major highlights
Thu, Feb 11, 2021 7:19 AM on Company Analysis, Latest,
National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) published the second-quarter report of FY 2077/2078 with 44.97% increment in Net Profit. As per the report published by the company, the net profit increased to Rs. 13.41 crores as compared to Rs. 9.25 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 51.62% to Rs. 4.08 arba which was Rs. 2.69 arba in the corresponding quarter of the previous year. The company’s loans and advances have also increased by 62.26% to 6.38 arba in this quarter.
The net interest income (core revenue) has increased by 37.74% to Rs. 25.78 crores compared to Rs. 18.72 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 26.40 crores in this quarter and its reserve and surplus stood at Rs. 34.53 crores which is an increase of 53.37% in this quarter.
Its annualized earnings per share (EPS) stands at Rs. 101.62. The net worth per share is Rs. 230.78. The company traded at a PE multiple of 23.74 times.
Major Highlights:
|
Particulars |
National Microfinance Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q2, 2077/2078 |
Q2, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
264,045.00 |
264,045.00 |
0.00% |
|
Reserve & Surplus |
345,329.00 |
225,155.00 |
53.37% |
|
Borrowings |
4,082,292.00 |
2,692,492.00 |
51.62% |
|
Deposits |
1,843,710.00 |
1,487,618.00 |
23.94% |
|
Loans & Advances |
6,382,076.00 |
3,933,268.00 |
62.26% |
|
Net Interest Income |
257,862.00 |
187,212.00 |
37.74% |
|
Provision for possible Losses |
25,679.00 |
18,804.00 |
- |
|
Write Back of Provision |
0.00 |
0.00 |
- |
|
Net Profit |
134,164.00 |
92,546.00 |
44.97% |
|
Capital Adequacy (%) |
10.25% |
12.37% |
- |
|
NPL (%) |
2.23% |
1.76% |
- |
|
Cost of fund (%) |
6.44% |
9.82% |
- |
|
EPS (Rs.) |
101.62 |
70.10 |
- |
|
Net worth per share (Rs.) |
230.78 |
185.27 |
- |
|
Qtr end PE ratio (Times) |
23.74 |
- |
- |
|
Qtr End Market Price |
2412 |
- |
- |
