Profit rises by 26% for Pokhara Finance; EPS reaches Rs 9.24 in the first quarter
Fri, Nov 2, 2018 7:36 AM on Financial Analysis, Latest, Stock Market,
Pokhara Finance Company (PFL) has published its unaudited financial report for the first quarter of the fiscal year 2075/76.
The net profit of the company stands at Rs 1.88 crore which is an increment of 26.64% from corresponding period’s profit of Rs 1.48 crore.
The finance company has collected total deposits of Rs 4.77 arba which is 25.60% rise from corresponding period’s Rs 3.80 arba. The bank has floated Rs 4.40 arba as loans and advances for the Q1 of the FY 2075/76.
Its borrowings have reached Rs 25 crore in the first quarter.
It earned Rs 5.61 crore as net interest income. And it has Rs 2.94 crore as operating profit.
The paid up capital of the company is Rs 81.64 crore and reserve of Rs 37.97 crore.
The annualized EPS of the finance company stands at Rs 9.24 and Net worth per share is Rs 146.52.
Major Highlights:
|
Particulars (In Rs '000) |
PFL |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
816,450 |
655,788 |
24.50% |
|
Reserve & Surplus |
379,787 |
425,305 |
-10.70% |
|
Deposits |
4,777,041 |
3,803,509 |
25.60% |
|
Borrowings |
250,000 |
- |
- |
|
Loans & Advances |
4,407,041 |
3,527,013 |
24.95% |
|
Net Interest Income |
56,158 |
27,855 |
101.61% |
|
Provision for possible losses |
5,818 |
1,201 |
384.43% |
|
Operating Profit |
29,459 |
23,406 |
25.86% |
|
Net Profit |
18,863 |
14,895 |
26.64% |
|
NPL (%) |
1.19 |
1.33 |
-10.53% |
|
Annualized EPS (In Rs.) |
9.24 |
9.09 |
1.72% |
|
Net Worth per Share (In Rs.) |
146.52 |
164.85 |
-11.12% |
|
P/E Ratio (In times) |
16.97 |
|
|
