Nerude Laghubitta Reports Increment in Major Profitability and Business Indicator in Q4
Thu, Aug 5, 2021 6:31 AM on Company Analysis, Latest,
Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) published the fourth-quarter report of FY 2077/2078 with an impressive 157.32% increment in Net Profit. As per the report published by the company, the net profit increased to Rs. 18.23 crore as compared to Rs. 7.08 crore in the corresponding quarter of the previous year.
The borrowings of the company increased by 64.80% to Rs. 3.90 Arba which was Rs. 2.37 Arba in the corresponding quarter of the previous year. The deposits of the company increased by 20.04% to Rs 2.61 arba. The company’s loans and advances have also increased by 44.07% to 7.90 Arba in this quarter.
The net interest income (core revenue) has increased by 47.78% to Rs. 56.72 arba compared to Rs. 38.38 arba in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 49.38 crores in this quarter and its reserve and surplus stood at Rs. 63.52 crores which is an increase of 41.01% in this quarter.
The company's non-performing loans stand at 4.36% till this quarter.
Its annualized earnings per share (EPS) stand at Rs. 36.92. The net worth per share is Rs. 228.63. The company traded at a P/E multiple of 43.33 times.
Major Highlights:
|
Particulars |
Nerude Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q4, 2077/2078 |
Q4, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
493,877.57 |
457,294.05 |
8.00% |
|
Reserve & Surplus |
635,295.06 |
450,538.46 |
41.01% |
|
Borrowings |
3,906,046.89 |
2,370,233.39 |
64.80% |
|
Deposits |
2,618,784.93 |
2,181,564.20 |
20.04% |
|
Loans & Advances |
7,908,625.55 |
5,489,367.92 |
44.07% |
|
Net Interest Income |
567,295.47 |
383,866.65 |
47.78% |
|
Provision for possible Losses |
191,756.24 |
81,525.94 |
- |
|
Write Back of Provision |
0.00 |
0.00 |
- |
|
Net Profit |
182,348.22 |
70,865.15 |
157.32% |
|
Capital Adequacy (%) |
10.20% |
11.91% |
- |
|
NPL (%) |
4.36% |
3.97% |
- |
|
Cost of fund (%) |
6.62% |
8.98% |
- |
|
EPS (Rs.) |
36.92 |
15.50 |
- |
|
Net worth per share (Rs.) |
228.63 |
198.52 |
- |
|
Qtr end PE ratio (Times) |
43.33 |
- |
- |
|
Qtr End Market Price |
1600 |
- |
- |
