Nerude Laghubitta Reports Impressive Growth In Major Financial Indicators In Q2
Thu, Feb 3, 2022 9:21 AM on Company Analysis, Latest,
Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) published the second-quarter report of FY 2078/2079 with an increment of 77.32% in Net Profit. As per the report published by the company, the net profit increased to Rs. 13.16 crores as compared to Rs. 7.42 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 46.89% to Rs. 4.92 Arba which was Rs. 3.35 Arba in the corresponding quarter of the previous year. The company’s loans and advances have also increased by 35.77% to Rs. 9.46 Arba in this quarter.
The net interest income (core revenue) has increased by 35.7% to Rs. 33.65 crores compared to Rs. 24.80 crores in the corresponding quarter of the previous year.
The paid-up capital of the company increased to Rs. 60 crores in this quarter and its reserve and surplus stood at Rs. 63.33 crores.
Its annualized earnings per share (EPS) stand at Rs. 43.87. The net worth per share is Rs. 205.57. The company traded at a P/E multiple of 29.06 times.
Major Highlights:
|
Particulars |
Nerude Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q2, 2078/2079 |
Q2, 2077/2078 |
Difference |
|
|
Paid-Up Capital |
600,000.00 |
457,294.05 |
31.21% |
|
Reserve & Surplus |
633,390.89 |
568,846.98 |
11.35% |
|
Borrowings |
4,921,696.73 |
3,350,524.28 |
46.89% |
|
Deposits |
2,968,665.51 |
2,454,777.91 |
20.93% |
|
Loans & Advances |
9,468,512.15 |
6,973,856.40 |
35.77% |
|
Net Interest Income |
336,542.22 |
248,008.47 |
35.70% |
|
Provision for losses |
101,456.00 |
124,768.57 |
- |
|
Write Back of Provisions |
104,390.06 |
0.00 |
- |
|
Net Profit |
131,618.72 |
74,228.18 |
77.32% |
|
Capital Adequacy (%) |
9.41% |
10.27% |
- |
|
NPL (%) |
4.68% |
4.27% |
- |
|
Cost of fund (%) |
8.12% |
5.97% |
- |
|
EPS (Rs.) |
43.87 |
32.46 |
- |
|
Net worth per share (Rs.) |
205.57 |
224.39 |
- |
|
Qtr end PE ratio (Times) |
29.06 |
- |
- |
|
Qtr End Market Price |
1275 |
- |
- |
