Regardless of crises due to COVID-19 and lockdown, Sana Kisan Bikas Laghubitta able to increase profit by 11.54% to Rs 54.82 crore in Q4
Sun, Aug 16, 2020 6:39 AM on Company Analysis, Latest,
Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) net profit rises by 11.54% in the fourth quarter (Q4) of the fiscal year 2076/77. Regardless of the COVID-19 outbreak and its economic impact the company is able to achieve satisfactory growth.
Publishing the unaudited financial report for the fourth quarter today, the microfinance company stated that its net profit increased to Rs 54.82 crore in the Q4 of fiscal year 2076/77, up from Rs 49.15 crore in the corresponding period of the previous fiscal year 2075/76.
Its net interest income has also increased from Rs 91.98 crore in the corresponding quarter to Rs 1.11 arba till the fourth quarter.
Its paid-up capital stands at Rs 1 arba with a massive reserve of Rs 1.97 arba till Q4.
The company has borrowings of Rs 19.74 arba till the fourth quarter, up from Rs 14.27 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 21.37 arba till Q4 whereas in the same period last year the figure stood at Rs 20.45 arba.
Its earning per share (EPS) and net worth per share stood at Rs 54.81 and Rs 297.37 respectively. Its quarter-end PE is at 23.74 times.
Major Highlights:
|
Particulars (In Rs '000) |
Sana Kisan Laghubitta |
||
|---|---|---|---|
|
Q4 2076/77 |
Q4 2075/76 |
Difference |
|
|
Paid Up Capital |
1,000,229.43 |
1,000,229.43 |
0.00% |
|
Reserve & Surplus |
1,974,139.04 |
1,427,075.50 |
38.33% |
|
Deposits |
0.00 |
0.00 |
|
|
Borrowings |
19,427,327.69 |
17,650,340.25 |
10.07% |
|
Loans & Advances |
21,372,293.20 |
20,457,060.13 |
4.47% |
|
Net Interest Income |
1,116,230.74 |
919,864.38 |
21.35% |
|
Staff Expenses |
81,807.27 |
58,803.53 |
39.12% |
|
Provision for possible losses |
163,451.88 |
74,579.18 |
- |
|
Write Back of Provision for Possible Losses |
39,918.19 |
30,145.11 |
|
|
Operating Profit |
821,572.01 |
743,807.80 |
10.45% |
|
Net Profit |
548,221.04 |
491,516.14 |
11.54% |
|
Capital Adequacy (%) |
12.28 |
10.60 |
15.85% |
|
NPL (%) |
0.68 |
0.04 |
|
|
Cost of Fund (%) |
5.66 |
5.91 |
-4.23% |
|
EPS (In Rs.) |
54.81 |
49.14 |
11.54% |
|
Net Worth per Share (In Rs.) |
297.37 |
242.67 |
22.54% |
|
PE Ratio (times) |
23.74 |
- |
- |
|
Qtr End Price |
1,301.00 |
- |
- |
|
PB Ratio (times) |
4.4 |
- |
- |
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