Om Development Bank’s satisfactory performance in the fourth quarter? See its major highlights
Tue, Jul 31, 2018 1:21 AM on Financial Analysis, Latest, Stock Market,
Om Development Bank Limited (ODBL) has registered a negligible net profit growth of 1.50% in the fourth quarter of the FY 2074/75.
According to the unaudited financial report published by the development bank today, its net profit has increased to Rs. 40.03 crore in fourth quarter, up from Rs.39.43 crore in the corresponding quarter of the previous fiscal year.
ODBL’s net interest income has risen to Rs 84.60 crore in Q4 as compared to Rs. 76.09 crore in the corresponding quarter of the last fiscal year.
As of Q4, it has a paid up capital of Rs 2.51 arba with a reserve of Rs 81.30 crore.
The bank also collected deposits of Rs 21.14 arba in Q4, up from Rs 16.06 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 18.36 arba in Q4 whereas in the same period last year, the figure stood at Rs. 14.05 arba.
ODBL’s annualized Earnings per Share (EPS) has decreased by 18.40% to Rs 15.92 per share. Its Net worth per share stand at Rs 132.33 and P/E ratio at 11.31 times.
Major Highlights
|
Particulars (In Rs '000) |
ODBL |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
2,515,236 |
2,022,052 |
24.39% |
|
Reserve & Surplus |
813,082 |
383,708 |
111.90% |
|
Deposits |
21,455,191 |
16,061,429 |
33.58% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
18,361,139 |
14,059,765 |
30.59% |
|
Net Interest Income |
846,086 |
760,952 |
11.19% |
|
Provision for possible losses |
35,001 |
33,500 |
4.48% |
|
Operating Profit |
614,708 |
595,192 |
3.28% |
|
Net Profit |
400,302 |
394,394 |
1.50% |
|
NPL |
0.57 |
0.90 |
-36.67% |
|
Annualized EPS (In Rs.) |
15.92 |
19.50 |
-18.40% |
|
Net Worth per Share (In Rs.) |
132.33 |
118.98 |
11.22% |
|
P/E Ratio (In times) |
11.31 |
- |
- |
