Net profit of Janautthan Laghubitta rises by 18.61% but EPS falls by 8.49%; Net worth per share stands at Rs 232.26
Tue, Feb 12, 2019 4:07 PM on Company Analysis, Latest, Stock Market,
Janautthan Samudayic Laghubitta Bikas Bank Limited (JSLBB) posted a decent rise of 18.61% in the net profits. The net profit stood at Rs. 85.72 lakhs this year as compared to profit of Rs.72.27 lakhs last year.
The microfinance company collected deposits equal to Rs 31.5 crore while loans and advance amounted to Rs 1.13 arba.
The borrowings of the company grew to Rs. 79.65 Crore, marking an increase of 46.85%.
The paid-up capital of the company stands at Rs 3.73 crore with reserve of Rs 4.94 crore.
The EPS of the company has gone downhill as compared to last year. It has fallen from Rs 50.19 to Rs 45.93 by 8.49%. The net worth per share has increased by 21.6% and stands at Rs 232.26.
Major Highlights:
| Particulars (In Rs '000) | JSLBB | ||
|---|---|---|---|
| Q2 2075/76 | Q2 2074/75 | Difference | |
| Paid Up Capital | 37,328 | 28,800 | 29.61% |
| Reserve & Surplus | 49,371 | 26,211 | 88.36% |
| Deposits | 315,084 | 181,279 | 73.81% |
| Borrowings | 796,473 | 542,360 | 46.85% |
| Loans & Advances | 1,125,461 | 705,357 | 59.56% |
| Net Interest Income | 37,302 | 25,215 | 47.94% |
| Provision for possible losses | 9,959 | 3,709 | 168.51% |
| Operating Profit | 11,479 | 10,965 | 4.69% |
| Net Profit | 8,572 | 7,227 | 18.61% |
| NPL (%) | 2.23 | 1.48 | 50.68% |
| Annualized EPS (In Rs.) | 45.93 | 50.19 | -8.49% |
| Net Worth per Share (In Rs.) | 232.26 | 191.01 | 21.60% |
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