Net profit of Nepal Seva Laghubitta dips by 12.51%; Net worth stands at Rs 108.68 in the fourth quarter
Mon, Aug 20, 2018 10:01 AM on Financial Analysis, Latest, Stock Market,
Nepal Seva Laghubitta Bittiya Sanstha Limited (NSEWA) has published its fourth quarter report for the fiscal year 2074/75. The microfinance company has reported a decline of 12.51% in its net profit as compared to the corresponding quarter of the FY 2073/74.
As per the fourth quarter report published today, the microfinance company earned Rs 40.67 lakh net profit in the fourth quarter whereas the operating loss was reported as Rs 1.04 crore.
The company collected Rs 4.72 crore as deposits and disbursed Rs 30.74 crore as loans and advances. Its borrowings figure stood at Rs 21.04 crore in the fourth quarter.
However, its non-performing loans (NPL) have increased to 2.72% from 1.00% posted in the same period last year.
It's paid up capital at the end of Q4 stands at Rs 6 crore with a reserve of Rs 52.08 lakh.
Its annualized EPS now stands at Rs 6.78 and net worth per share at Rs 108.68.
Major Highlights:
Particulars (In Rs '000) |
NSEWA |
||
---|---|---|---|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
Paid Up Capital |
60,000 |
21,000 |
185.71% |
Reserve & Surplus |
5,208 |
1,580 |
229.56% |
Deposits |
47,243 |
24,726 |
91.07% |
Borrowings |
210,402 |
166,443 |
26.41% |
Loans & Advances |
307,496 |
180,401 |
70.45% |
Net Interest Income |
20,556 |
11,953 |
71.97% |
Provision for possible losses |
20,918 |
8,708 |
140.21% |
Operating Profit |
(10,457) |
(1,083) |
865.93% |
Net Profit |
4,067 |
4,649 |
-12.51% |
NPL |
2.72 |
1.00 |
172.00% |
Annualized EPS (In Rs.) |
6.78 |
22.14 |
-69.38% |
Net Worth per Share (In Rs.) |
108.68 |
107.53 |
1.07% |