Newly listed Gurans Laghubitta published improved Q4 result; non performing loan still stands at 2.70%

Tue, Aug 6, 2019 7:15 AM on Financial Analysis, Latest, Stock Market,

Gurans Laghubitta Bittiya Sanstha (GLBSL) has earned Rs 1.48 crore till the end of the FY 2075/76 with 291.39% growth.

The paid-up capital of the microfinance company stands at Rs 7.75 crore and reserves of Rs 1.77 crore from the negative reserve of Rs 35.66 lakhs in the previous year's corresponding quarter.

The borrowings stand at Rs 51.87 crore and the deposits stand at Rs 10.62 crore while the loans and advances stand at Rs 68.47 crore.

The net interest income grew by 94.44% to Rs 4.06 crore. The NPL grew from 1.61% in the corresponding quarter of the previous year to 2.70%.

The earning per share is Rs 19.17 and its stock is trading at the PE of 20.86 times. The net worth per share stands at Rs 122.87.

Major Highlights:

Particulars (In Rs '000)

Gurans Laghubitta

Q4 2075/76

Q4 2074/75

Difference

Paid Up Capital

77,500.00

42,000.00

84.52%

Reserve & Surplus

17,721.46

-3,566.50

-

Borrowings

518,772.63

358,858.86

44.56%

Deposits

106,215.70

56,847.54

86.84%

Loans & Advances

684,768.94

430,162.06

59.19%

Net Interest Income

40,647.94

20,905.49

94.44%

Staff Expenses

28,455.26

20,017.32

42.15%

Provision for possible losses

2,873.78

2,992.53

-

Operating Profit

21,591.53

3,795.88

468.81%

Net Profit

14,856.53

3,795.88

291.39%

Capital Adequacy (%)

13.62

12.60

8.10%

NPL (%)

2.70

1.61

67.70%

Cost of Fund (%)

11.31

12.13

-6.76%

EPS (In Rs.)

19.17

9.04

112.11%

Net Worth per Share (In Rs.)

122.87

91.51

34.27%

PE Ratio (times)

20.86

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