NMB Microfinance reports a massive rise of 1403% in net profit for Q1 of 2076/77; EPS stands at Rs 37.74
Mon, Oct 21, 2019 11:12 AM on Financial Analysis, Latest, Stock Market,
NMB Microfinance Bittiya Sanstha Limited (NMBMF) has also published its first quarter report for the FY 2076/77 with net profit of Rs 1.52 crore. The profit has increased by 1403% from Rs 10.17 lakh in the corresponding quarter last FY.
The deposits of the microfinance company amounted Rs 1.18 arba and the microfinance floated loans of Rs 3.18 arba this quarter.
The borrowings of the microfinance increased by 18.64% to Rs 2.19 arba from the previous year’s figure of Rs 1.85 arba.
The paid-up capital of the company stands at Rs 16.20 crore with Rs 16.26 crore in the reserve and surplus.
The EPS of the microfinance company is Rs 37.74 and Net worth of the company stands at Rs 200.39.
The price to earnings (P/E) stands at 28.54 times.
Click Here for Q1 published report
Major Highlights:
| Particulars (In Rs '000) | NMB Microfinance | ||
|---|---|---|---|
| Q1 2076/77 | Q1 2075/76 | Difference | |
| Paid Up Capital | 162,006 | 140,875 | 15.00% |
| Reserve & Surplus | 162,641 | 111,374 | 46.03% |
| Borrowings | 2,199,107 | 1,853,632 | 18.64% |
| Deposits | 1,180,540 | 775,463 | 52.24% |
| Loans & Advances | 3,181,909 | 2,373,475 | 34.06% |
| Net Interest Income | 59,946 | 44,061 | 36.05% |
| Staff Expenses | 45,071 | 37,007 | 21.79% |
| Provision for possible losses | 3,128 | 12,966 | -75.88% |
| Operating Profit | 23,795 | 1,513 | 1472.70% |
| Net Profit | 15,286 | 1,017 | 1403.05% |
| Capital Adequacy (%) | 9.41 | 10.5 | -10.38% |
| NPL (%) | 2.27 | 2.72 | -16.54% |
| Cost of Fund (%) | 10.12 | 9.73 | 4.01% |
| EPS (In Rs.) | 37.74 | - | |
| Net Worth per Share (In Rs.) | 200.39 | - | |
| PE Ratio (times) | 28.54 | - | |
