NMB Microfinance reports a decrease in profit in Q2; EPS and Net worth per share stood at Rs 12.74 and Rs 159.88 respectively

Wed, Jan 16, 2019 7:45 AM on Financial Analysis, Latest, Stock Market,

NMB Microfinance Bittiya Sanstha (NMBMF) has published its second-quarter report for the FY 2075/76 witnessing Rs 1.03 crore net profit in the second quarter. The profit has decreased by 43.18% from Rs 1.81 crore in the corresponding quarter.

The deposits of the microfinance company amount Rs 86.44 crore and the microfinance floated loans of Rs 2.45 arba in the second quarter of the fiscal year 2075/76.

The borrowings of the microfinance increased to Rs 1.80 arba from the previous year’s figure of Rs 1.61 arba.

The paid-up capital of the company stands at Rs 16.20 crore with Rs 9.70 crore in the reserve and surplus.

The EPS of the microfinance company is Rs 12.74 and Net worth per share of the company stands at Rs 159.88.

Major Highlights:

Particulars (In Rs '000)

NMBMF

Q2 2075/76

Q2 2074/75

Difference

Paid Up Capital

162,006

140,875

15.00%

Reserve & Surplus

97,017

94,400

2.77%

Deposits

864,405

535,379

61.46%

Borrowings

1,807,444

1,619,943

11.57%

Loans & Advances

2,454,922

2,018,948

21.59%

Net Interest Income

89,515

81,133

10.33%

Provision for possible losses

22,275

14,646

52.09%

Operating Profit

15,679

28,413

-44.82%

Net Profit

10,323

18,169

-43.18%

NPL (%)

2.89

2.33

24.03%

Annualized EPS (In Rs.)

12.74

25.79

-50.59%

Net Worth per Share (In Rs.)

159.88

167.01

-4.27%

P/E Ratio (In times)

90.16

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