Nirdhan Utthan published a strong Q3 report, profit rises by 32.18% and PE stands at 13 times
Sun, Apr 28, 2019 6:46 AM on Financial Analysis, Stock Market,
Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) has published unaudited financial report for the third quarter of fiscal year 2075/75 today. It has stated that net profit has increased by 32.18% to Rs 52.75 crore in third quarter from Rs 39.91 crore reported in the corresponding quarter of the previous fiscal year 2074/75.
The microfinance has borrowings of Rs 7.26 arba. Likewise, it extended loans of Rs 18.55 arba from Rs 14.78 arba. It has collected deposits of Rs 10.27 arba till the third quarter of the current fiscal year.
NUBL’s net interest income increased from Rs 94.65 crore in the corresponding quarter last year to Rs 1.15 arba in the third quarter of fiscal year 2075/76. Its operating profit has increased to Rs 81.65 crore in Q3, from Rs 57.13 crore in corresponding quarter. The microfinance’s non-performing loan (NPL) has increased to 1.13 percent in the current quarter.
It has paid up capital of Rs 1.2 arba with reserve of Rs 1.28 arba till this quarter.
It's annualized earning per share (EPS) stands at Rs 58.62. Currently, Net worth per share stands at Rs 215.64 and P/E ratio at 13 times.
Major Highlights:
|
Particulars (In Rs '000) |
Nirdhan Utthan Laghubitta |
||
|---|---|---|---|
|
Q3 2075/76 |
Q3 2074/75 |
Difference |
|
|
Paid Up Capital |
1,200,000 |
1,000,000 |
20.00% |
|
Reserve & Surplus |
1,387,656 |
1,082,350 |
28.21% |
|
Deposits |
10,276,298 |
7,888,199 |
30.27% |
|
Borrowings |
7,269,203 |
6,299,689 |
15.39% |
|
Loans & Advances |
18,554,021 |
14,783,074 |
25.51% |
|
Net Interest Income |
1,156,050 |
946,530 |
22.14% |
|
Provision for possible losses |
63,264 |
30,562 |
107.00% |
|
Operating Profit |
816,539 |
571,367 |
42.91% |
|
Net Profit |
527,588 |
399,151 |
32.18% |
|
Capital Adequacy (%) |
11.86 |
12.13 |
-2.23% |
|
NPL (%) |
1.13 |
0.83 |
36.14% |
|
Annualized EPS (In Rs.) |
58.62 |
53.22 |
10.15% |
|
Net Worth per Share (In Rs.) |
215.64 |
208.24 |
3.56% |
|
PE Ratio |
13 |
- |
- |
