Prabhu Bank’s free profit stands at Rs 64.31 crore; EPS and Net worth per share stand at Rs 29.07 and Rs 159.01 respectively
Sun, Nov 4, 2018 8:07 AM on Financial Analysis, Stock Market, Latest,
Prabhu Bank Limited (PRVU) has published unaudited financial report for the first quarter of the FY 2075/76 with 71.57% rise in the net profit.
As per the NFRS based report published today, the net profit of the bank stands at Rs 59.54 crore with free profit of Rs 64.31 crore. The bank's huge profit has been derived from the net write back of Rs 5.1 crore.
In the first quarter the deposits amounted to Rs 1.03 kharba and floated loans amounted to Rs 86.01 arba.
Net Interest Income has increased by 47% to reach Rs 1.13 arba from Rs 76.64 crore in the corresponding quarter of the previous FY 2074/75.
The NPL percent has declined to 2.51% from previous 4.23%.
In the first quarter, annualized EPS stands at Rs 29.07 and Net worth per share stands at Rs 159.01. The P/E ratio was reported at 8.29 times.
Major Highlights:
|
Particulars (In Rs '000) |
PRVU |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
8,233,959 |
5,881,402 |
40.00% |
|
Reserve & Surplus |
4,858,691 |
3,968,045 |
22.45% |
|
Deposits |
103,024,596 |
82,854,460 |
24.34% |
|
Borrowings |
2,244,525 |
1,223,527 |
83.45% |
|
Loans & Advances |
86,018,093 |
66,747,397 |
28.87% |
|
Net Interest Income |
1,133,630 |
766,415 |
47.91% |
|
Operating Profit |
817,272 |
440,214 |
85.65% |
|
Net Profit |
598,438 |
348,799 |
71.57% |
|
Total Comprehensive Income afterShare of NCI |
598,438 |
348,799 |
71.57% |
|
Add/ Less: Regulatory adjustment as per NRB |
44,703 |
-98,060 |
-145.59% |
|
Free Profit/ (Loss) after Regulatory Adjustments |
643,141 |
250,739 |
156.50% |
|
NPL |
2.51 |
4.23 |
-40.66% |
|
Annualized EPS (In Rs.) |
29.07 |
23.72 |
22.55% |
|
Net Worth per Share (In Rs.) |
159.01 |
178.01 |
-10.67% |
|
P/E Ratio (In times) |
8.29 |
- |
- |
