Net profit of Central Finance rises by 12% in Q4 of 2075/76; Profit stands at Rs 8.36 crore with EPS of Rs 10.16

Mon, Aug 19, 2019 4:01 PM on Financial Analysis, Latest,

Central Finance Company Limited (CFCL)’s net profit has increased by 12.14 percent for the fourth quarter of FY 2075/76.

The published unaudited financial report has stated that the net profit has increased from Rs 7.46 crore to Rs 8.36 crore.

The finance has accumulated deposits of Rs 3.65 arba with the growth of 14.66 percent while its paid-up capital is at Rs 82.33 crore. The reserve and surplus have decreased from Rs 11.13 crore to Rs 19.43 crore.

The finance company has floated 3.22 arba loans till the fourth quarter.

Earning per Share (EPS) of the finance stood at Rs 10.16 while its Net worth per Share is at Rs 123.6.

Q4 report

Major Highlights:

Particulars (In Rs '000) CFCL
Q4 2075/76 Q4 2074/75 Difference
Paid Up Capital 823,398 801,748 2.70%
Reserve & Surplus 194,336 111,332 74.56%
Deposits 3,651,459 3,184,560 14.66%
Borrowings 4,496 21,898 -79.47%
Loans & Advances 3,226,490 2,686,612 20.10%
Net Interest Income 192,696 150,802 27.78%
Provision for possible losses 31,647 19,538 61.98%
Operating Profit 121,612 100,762 20.69%
Net Profit 83,696 74,636 12.14%
NPL (%) 1.11 0.94 18.09%
Annualized EPS (In Rs.) 10.16    
Net Worth per Share (In Rs.) 123.6    
P/E Ratio (In times) 11.71