Net profit of Janaki Finance increases by 29% in the last quarter; EPS & Net worth stand at Rs 33.19 & Rs 169.53 respectively

Mon, Jul 30, 2018 2:03 AM on Financial Analysis, Latest, Stock Market,

Janaki Finance Limited (JFL) has registered a decent rise in profit by 29.44 percent in the fourth quarter (Q4) of the fiscal year 2074/75.

As per the report published by the finance company today, its net profit has increased to Rs 13.38 crore in the fourth quarter from Rs 10.34 crore in the corresponding quarter.

Janaki finance has paid up capital of Rs 40.33 crore. Its reserve and surplus has increased by 90 % to Rs 28.04 crore in Q4.

JFL has deposit collection of Rs 1.65 arba whereas it has floated loans and advances of Rs 1.59 arba. It has NPL of 1.69%.

The finance company annualized earning per share (EPS) stand at Rs 33.19, net worth per share is at Rs 169.53 and P/E ratio is at 4.82 times.

Major Highlights:

Particulars (In Rs '000)

JFL

Q4 2074/75

Q4 2073/74

Difference

Paid Up Capital

403,394

403,394

0.00%

Reserve & Surplus

280,471

147,612

90.00%

Deposits

1,651,635

1,393,664

18.51%

Borrowings

-

-

-

Loans & Advances

1,595,624

1,372,123

16.29%

Net Interest Income

156,299

157,472

-0.74%

Provision for possible losses

132,910

72,259

83.94%

Operating Profit

17,378

74,712

-76.74%

Net Profit

133,893

103,437

29.44%

NPL

1.69

8.31

-79.66%

Annualized EPS (In Rs.)

33.19

25.64

29.44%

Net Worth per Share (In Rs.)

169.53

136.59

24.11%

P/E Ratio (In times)

4.82

-

-