Recently allotted Nadep Laghubitta registers 32.74% fall in profit; EPS stands at Rs 29.55
Thu, Aug 23, 2018 7:00 AM on Financial Analysis, Latest, Stock Market,
Nadep Laghubitta Bittiya Sanstha Limited has published its fourth quarter report for the FY 2074/75. The microfinance company registered a 32.74% decline in the net profit as compared to the fourth quarter of the FY 2073/74.
As per the unaudited report, the microfinance company earned Rs 4.72 crore in the Q4 of the FY 2074/75 which was Rs 7.02 crore in the corresponding quarter of the FY 2073/74.
In the fourth quarter, the deposits worth Rs 83.69 was collected and loans worth Rs 2.93 arba was floated. The borrowings of the microfinance amounted to Rs 2.03 arba.
The paid-up capital of the company stands at Rs 16 crore with Rs 15.83 crore as the reserve and surplus. The microfinance is set to issue 100% right shares for its shareholders.
NPL has increased to 3.31% from 2.98%.
EPS of the microfinance stands at Rs 29.55 and Net worth stands at Rs 198.97.
Major Highlights:
|
Particulars (In Rs '000) |
NADEP |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
160,000 |
112,000 |
42.86% |
|
Reserve & Surplus |
158,346 |
111,062 |
42.57% |
|
Deposits |
836,935 |
664,663 |
25.92% |
|
Borrowings |
2,035,494 |
1,106,905 |
83.89% |
|
Loans & Advances |
2,935,263 |
2,072,209 |
41.65% |
|
Net Interest Income |
221,773 |
235,863 |
-5.97% |
|
Provision for possible losses |
21,008 |
17,611 |
19.29% |
|
Operating Profit |
68,533 |
117,989 |
-41.92% |
|
Net Profit |
47,284 |
70,296 |
-32.74% |
|
NPL (%) |
3.31 |
2.98 |
11.07% |
|
Annualized EPS (In Rs.) |
29.55 |
62.76 |
-52.92% |
|
Net Worth per Share (In Rs.) |
198.97 |
199.16 |
-0.10% |
