Nerude Laghubitta's earns Rs 12.68 crore in Q4 with EPS of Rs 31.90; net worth per share stands at Rs 219.19

Tue, Aug 6, 2019 6:44 AM on Financial Analysis, Latest, Stock Market,

Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has published a Q4 report of the fiscal year 2075/76 reporting a net profit of Rs 12.68 crore. The profit of the company has surges by 124.85%.

The borrowings of the company had increased by 22.65% to Rs 2.25 arba from Rs 1.84 arba till Q4. The microfinance company collected deposits of Rs 1.94 arba and has floated loans of 5.09 arba till Q4.

The net interest income of the company has increased by 35.72%, from Rs 28.85 crore to Rs 39.15 crore in the Q4. The operating profit has increased massively by 124.85% to Rs 19.93 crore.

The microfinance Company has a paid-Up capital of Rs 39.76 crore with reserve of Rs 47.39 crore. The EPS and net worth per share stood at Rs 31.90 and Rs 219.19. P/E ratio according to the report is 14.70 times.

Major Highlights:

Particulars (In Rs '000)

Nerude Laghubitta

Q4 2075/76

Q4 2074/75

Difference

Paid Up Capital

397,647.00

345,780.00

15.00%

Reserve & Surplus

473,971.74

339,635.40

39.55%

Borrowings

2,256,788.38

1,840,085.89

22.65%

Deposits

1,949,714.62

1,514,699.00

28.72%

Loans & Advances

5,039,442.23

3,952,369.01

27.50%

Net Interest Income

391,572.81

288,520.28

35.72%

Staff Expenses

263,618.60

234,852.19

12.25%

Provision for possible losses

32,301.59

10,681.44

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Operating Profit

199,337.15

88,652.83

124.85%

Net Profit

126,850.92

56,415.44

124.85%

Capital Adequacy (%)

16.60

14.63

13.47%

NPL (%)

1.51

1.60

-5.63%

Cost of Fund (%)

10.51

10.76

-2.32%

EPS (In Rs.)

31.90

16.32

95.52%

Net Worth per Share (In Rs.)

219.19

198.22

10.58%

PE Ratio (times)

14.70

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