Newly listed Swabhiman Laghubitta published improved Q4 financials with EPS of Rs 41.78; non performing loan stands at 0.60%
Sun, Aug 11, 2019 6:47 AM on Financial Analysis, Latest, Stock Market,
Swabhiman Laghubitta Bittiya Sanstha Limited (SMFBS) has posted a net profit of Rs 2.58 crore in the fourth quarter of the fiscal year 2075/2076. The company has shown an improved financials with outstanding growth in net profit.
The microfinance company's net interest income has grown by more than 283.51% to Rs 5.32 crore in the fourth quarter.
The company's paid-up capital stands at Rs 6.18 crore and its reserve has increased from negative Rs 27.01 lakhs in Q4 of FY 2074/2075 to positive Rs 1.31 crore in the Q4 of FY 2075/76.
The borrowing of the company has increased by 35.72% to Rs 47.60 crore from Rs 35.07 crore in the corresponding quarter of last fiscal year.
The microfinance has floated Rs 79.21 crore as loan & advances and has Rs 27.82 crore deposit till Q4. The non-performing loans of the company increased from 0.05% to 0.60% by the end of the fourth quarter of the last fiscal year.
The EPS of the company is Rs 41.78 and its quarter end PE stands at 11.27 times.
The company has recently issued 1,98,610 units ordinary shares worth Rs 1.98 crore to the general public from Baisakh 27, 2076.
Major Highlights:
|
Particulars (In Rs '000) |
Swabhiman Laghubitta |
||
|---|---|---|---|
|
Q4 2075/76 |
Q4 2074/75 |
Difference |
|
|
Paid Up Capital |
61,861.00 |
42,000.00 |
47.29% |
|
Reserve & Surplus |
23,145.43 |
-2,701.08 |
-956.90% |
|
Borrowings |
476,028.50 |
350,750.01 |
35.72% |
|
Deposits |
278,252.51 |
118,322.63 |
135.16% |
|
Loans & Advances |
792,115.97 |
427,573.13 |
85.26% |
|
Net Interest Income |
53,243.69 |
13,883.35 |
283.51% |
|
Staff Expenses |
22,037.77 |
14,606.64 |
50.88% |
|
Provision for possible losses |
7,220.69 |
3,871.24 |
- |
|
Operating Profit |
37,499.61 |
255.82 |
14558.59% |
|
Net Profit |
25,846.52 |
232.56 |
11013.91% |
|
Capital Adequacy (%) |
11.14 |
9.42 |
18.26% |
|
NPL (%) |
0.60 |
0.05 |
1100.00% |
|
Cost of Fund (%) |
10.28 |
11.35 |
-9.43% |
|
EPS (In Rs.) |
41.78 |
0.55 |
7445.70% |
|
Net Worth per Share (In Rs.) |
137.42 |
93.57 |
46.86% |
|
Qtr end PE Ratio (times) |
11.27 |
- |
- |
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