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,
Net profit...

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%