Nepal Infrastructure Bank earns Rs 84.71 crore till Q4 of FY 2076/77; company issuing IPO worth Rs 8 arba
Mon, Aug 3, 2020 6:31 AM on Financial Analysis, Latest,
Nepal Infrastructure Bank Limited (NIFRA) has published its fourth quarterly report for the FY 2076/77 today. The bank net profit rises by 26.41% to Rs 84.71 crore from Rs 67.01 crore in the corresponding quarter.
The bank has Rs 84.71 crore as a distributable profit. The bank earns Rs 1.23 Arba as net interest income with 8.49% growth.
The bank has Rs 25 crore as deposits and has kept massive Rs 8.78 arba in BFIs and disburse Rs 57.43 as loans and advances.
The paid-up capital of the bank stands at Rs 12 Arba with reserves of Rs 1.63 arba as of the fourth quarter of FY 2076/77.
Similarly, it's earning per share stands at Rs 7.06, and net worth per share stands at Rs 113.62.
NIFRA is underway to issue IPO worth Rs 8 arba. It has appointed CIT as the underwriter and the issue manager is NIBL Ace Capital Limited.
Major Highlights:
|
Particulars (In Rs '000) |
Nepal Infrastructure Bank |
||
|---|---|---|---|
|
Q4 2076/77 |
Q4 2075/76 |
Difference |
|
|
Paid Up Capital |
12,000,000.00 |
12,000,000.00 |
0.00% |
|
Reserve & Surplus |
1,634,799.00 |
789,860.00 |
106.97% |
|
Deposits |
250,020.00 |
200,000.00 |
25.01% |
|
Placements with BFIs |
8,784,824.00 |
122,700.00 |
7059.60% |
|
Loans & Advances |
574,356.00 |
78,624.00 |
630.51% |
|
Net Interest Income |
1,230,665.00 |
1,134,322.00 |
8.49% |
|
Staff Expenses |
79,953.00 |
147,150.00 |
-45.67% |
|
Impairment Charge/(Reversal) |
4,952.00 |
0.00 |
- |
|
Operating Profit |
1,101,658.00 |
961,250.00 |
14.61% |
|
Net Profit |
847,119.00 |
670,159.00 |
26.41% |
|
Distributable Profit |
847,119.00 |
670,159.00 |
26.41% |
|
Capital Adequacy (%) |
326.40 |
425.27 |
-23.25% |
|
NPL (%) |
0.00 |
0.00 |
|
|
Cost of Fund (%) |
9.40 |
9.34 |
0.64% |
|
EPS (In Rs.) |
7.06 |
5.58 |
26.41% |
|
Net Worth per Share (In Rs.) |
113.62 |
106.58 |
6.61% |
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