Nilgiri, Kamana and Gandaki Bikas Bank makes healthy growth in Profit

Sun, Aug 11, 2013 12:00 AM on Others,

Nilgiri Bikas Bank   

Nilgiri Bikas Bank Limited has reported a healthy growth in net profit. The bank’s profit rose to Rs 1.28 crore in the FY 2069/70 from Rs 1.03 crore reported in previous fiscal, a growth of 24.11%.


The bank’s deposits increased by 19.73% to Rs 65.63 crore and loans and advances grew 24.20% to Rs 54.82 crore whereas NPA increases by 13.33% at 0.51% compared to last year.

The Bank’s EPS at Rs.22.34, net worth per share is Rs.133.21 and PE ratio at 6.36 times.

Nilgiri Vikas Bank Limited (Rs. In '000')

FY 2069/70

FY 2068/69

Growth (%)

Net Profit (Rs.)

12843

10348

24.11%

Operating Profit (Rs.)

20183

16261

24.12%

Provision (Rs.)

1045

1685

-37.98%

Net Interest Income (Rs.)

26198

21121

24.04%

Deposits (Rs.)

656376

548201

19.73%

Loans and Advances (Rs.)

464556

374046

24.20%

NPA (%)

0.51

0.45

13.33%

Cost of Funds (%)

8.8

9.8

-10.20%

EPS (Rs.)

22.34

20.7

7.92%

P/E Ratio

6.36

5.85

8.72%

Networth (Rs.)

133.21

128.38

3.76%

Fiscal Year End Price (Rs.)

142

121

17.36%

Gandaki Bikas Bank Limited has reported a healthy growth in net profit. The bank’s profit rose to Rs 5.77 crore in the FY 2069/70 from Rs 3.92 crore reported in previous fiscal, a growth of 47.14%.


The bank’s deposits increased by 19.45% to Rs 247.71 crore and loans and advances grew 43.26% to Rs 212.63 crore whereas NPA decreases by 56% at 0.11% compared to last year.

The Bank’s EPS at Rs.23.05, net worth per share is Rs.118.28 and PE ratio at 6.38 times. The cost of fund bank is 10.16% which considered being very high compared to present context.

Gandaki Bikas Bank Limited (Rs. In '000')

FY 2069/70

FY 2068/69

Growth (%)

Net Profit (Rs.)

57703

39216

47.14%

Operating Profit (Rs.)

85804

61625

39.24%

Provision (Rs.)

9148

2519

263.16%

Net Interest Income (Rs.)

124371

91618

35.75%

Deposits (Rs.)

2477133

2073708

19.45%

Loans and Advances (Rs.)

2126345

1484285

43.26%

NPA (%)

0.11

0.25

-56.00%

Cost of Funds (%)

10.16

11.26

-9.77%

EPS (Rs.)

23.05

17.84

29.20%

P/E Ratio

6.38

7.01

-8.99%

Networth (Rs.)

118.28

129.42

-8.61%

Fiscal Year End Price (Rs.)

147

119

23.53%

Kamana Bikas Bank

Kamana Bikas Bank Limited has reported a healthy growth in net profit. The bank’s profit rose to Rs 4.99 crore in the FY 2069/70 from Rs 3.52 crore reported in previous fiscal, a growth of 41.90%.


The bank’s deposits increased by 41.53% to Rs 209.87 crore and loans and advances grew 56% to Rs 180.71 crore whereas NPA increases by 13.33% at 0.51% compared to last year.

The cost of fund  is 8.55% and it’s NPA 0.18%.

FY 2069/70

FY 2068/69

Growth (%)

Net Profit (Rs.)

49956

35206

41.90%

Operating Profit (Rs.)

78538

52005

51.02%

Provision (Rs.)

8183

4448

83.97%

Net Interest Income (Rs.)

105738

77705

36.08%

Deposits (Rs.)

2098723

1482864

41.53%

Loans and Advances (Rs.)

1807153

1158466

56.00%

NPA (%)

0.18

0.07

157.14%

Cost of Funds (%)

8.55

9.48

-9.81%