Pokhara Finance reports meager rise in profit of 4.09%; EPS & Net Worth per share at Rs 11.19 & Rs 143.79 respectively

Thu, Jul 26, 2018 12:56 AM on Financial Analysis, Latest, Stock Market,

Pokhara Finance Company (PFL) has published its unaudited financial report for the fourth quarter of the fiscal year 2074/75.

The net profit of the company stands at Rs 9.13 crore which is a meager 4.09% increment from corresponding period’s profit of Rs 8.77 crore.

The finance company has collected total deposits of Rs 4.32 arba which is 19.66% rise from corresponding period’s Rs 3.61 arba. The bank has floated Rs 4.001 arba as loans and advances for the Q4 of the FY 2074/75. Its borrowings have increased from Rs 6.08 crore in the corresponding quarter of FY 2073/74 to Rs 8.29 crore in the Q4 of FY 2074/75.

It earned Rs 16.99 crore as net interest income. And it has Rs 14.15 crore as operating profit.

The paid up capital of the company is Rs 81.64 crore and reserve of Rs 35.75 crore.

The annualized EPS of the finance company stands at Rs 11.19 and Net worth per share is Rs 143.79.

Major Highlights:

Particulars (In Rs '000)

PFL

Q4 2074/75

Q4 2073/74

Difference

Paid Up Capital

816,450

557,420

46.47%

Reserve & Surplus

357,537

214,625

66.59%

Deposits

4,321,233

3,611,122

19.66%

Borrowings

82,961

60,882

36.27%

Loans & Advances

4,001,479

3,320,325

20.51%

Net Interest Income

169,909

188,475

-9.85%

Provision for possible losses

7,877

7,845

0.41%

Operating Profit

141,593

133,672

5.93%

Net Profit

91,366

87,777

4.09%

NPL (%)

1.12

1.41

-20.57%

Annualized EPS (In Rs.)

11.19

15.75

-28.93%

Net Worth per Share (In Rs.)

143.79

138.50

3.82%

P/E Ratio (In times)

12.07

-