NMB Microfinance reports 104.42% rise in net profit for Q1; EPS stands at Rs 27.55 with PE of 28.71 times
Tue, Nov 10, 2020 5:44 AM on Company Analysis, Latest,
NMB Microfinance Bittiya Sanstha Limited (NMBMF) has also published its first-quarter report for the FY 2077/78 with a net profit of Rs 3.12 crore. The profit has increased by 104.42% from Rs 1.52 crore in the corresponding quarter last FY.
The rise in net profit is mainly contributed by the lower cost of funds and rising net interest income.
The deposits of the microfinance company rise by 36.76% to Rs 1.61 arba and the microfinance floated loans of Rs 4.47 arba till this quarter with a rise of 40.78%.
The borrowings of the microfinance increased by 6.55% to Rs 2.34 arba from the previous year’s figure of Rs 2.19 arba.
The paid-up capital of the company stands at Rs 45.36 crore with Rs 30.32 crore in the reserve and surplus.
The annualized EPS of the microfinance company is Rs 27.55 and the Net worth of the company stands at Rs 166.85.
The quarter-end price to earnings (P/E) stands at 28.71 times.
Major Highlights:
|
Particulars (In Rs '000) |
NMB Laghubitta |
||
|---|---|---|---|
|
Q1 2077/78 |
Q1 2076/77 |
Difference |
|
|
Paid Up Capital |
453,618.00 |
162,005.00 |
180.00% |
|
Reserve & Surplus |
303,256.00 |
162,641.00 |
86.46% |
|
Borrowings |
2,343,183.00 |
2,199,107.00 |
6.55% |
|
Deposits |
1,614,467.00 |
1,180,540.00 |
36.76% |
|
Loans & Advances |
4,479,409.00 |
3,181,909.00 |
40.78% |
|
Net Interest Income |
79,371.00 |
59,946.00 |
32.40% |
|
Staff Expenses |
47,047.00 |
45,071.00 |
4.38% |
|
Provision for possible losses |
1,422.00 |
3,128.00 |
- |
|
Operating Profit |
49,382.00 |
23,795.00 |
107.53% |
|
Net Profit |
31,247.00 |
15,286.00 |
104.42% |
|
Capital Adequacy (%) |
15.62 |
9.41 |
65.99% |
|
NPL (%) |
2.10 |
2.27 |
- |
|
Cost of Fund (%) |
6.22 |
10.12 |
-38.54% |
|
Annualized EPS (In Rs.) |
27.55 |
37.74 |
-26.99% |
|
Net Worth per Share (In Rs.) |
166.85 |
200.39 |
-16.74% |
|
Qtr end PE Ratio (times) |
28.71 |
- |
- |
|
Qtr End Market Price |
791 |
- |
- |
