Naya Nepal Laghubitta registers extraordinary performance in Q1; EPS rises to Rs 36.57

Sun, Nov 18, 2018 10:43 AM on Financial Analysis, Latest, Stock Market,

Naya Nepal Laghubitta Bittiya Sanstha Limited (NNLB) posted a huge rise of 715.61% in the net profits. The net profit stood at Rs.21.94 Lakhs this year as compared to profit of Rs.2.69 Lakhs last year.

The microfinance company collected deposits equal to Rs 8.57 crore while loans and advance amounted to Rs 43.46 crore. The borrowings of the company grew to Rs.38.39 Crore, marking an increase of 146.18%.

The paid-up capital of the company stands at Rs 2.40 crore with reserve of Rs 1.97 crore.

The EPS of the company saw a massive boost and currently stands at Rs 36.57 as compared to 5.38 last year. The net worth per share decreases by 1.74% and stands at Rs 182.25.

Major Highlights:

Particulars (In Rs '000)

NNLB

Q1 2075/76

Q1 2074/75

Difference

Paid Up Capital

24,000

20,000

20.00%

Reserve & Surplus

19,739

24,309

-18.80%

Deposits

85,783

55,215

55.36%

Borrowings

383,946

155,962

146.18%

Loans & Advances

434,602

213,359

103.70%

Net Interest Income

8,966

4,770

87.97%

Provision for possible losses

2,776

629

341.34%

Operating Profit

1,470

203

624.14%

Net Profit

2,194

269

715.61%

NPL (%)

2.31

3.48

-33.62%

Annualized EPS (In Rs.)

36.57

5.38

579.68%

Net Worth per Share (In Rs.)

182.25

221.55

-17.74%

P/E Ratio (In times)

17.03

-