RMDC Laghubitta reports impressive increment in net profit in Q3; EPS at Rs. 26.47, BVPS at Rs. 266.27

Tue, Apr 27, 2021 7:39 AM on Latest, Company Analysis,

RMDC Laghubitta Bittiya Sanstha (RMDC) has published its third quarterly report of FY 2077/2078 with an increase in Net Profit by 35.58%. The company's net profit increased to Rs. 20.53 crores as compared to Rs. 15.14 crores in the corresponding quarter of the previous year.

The borrowing of the company has increased to Rs. 8.45 Arba. The company has floated loans of Rs. 10.71 Arba in the third quarter of the fiscal year 2077/2078.

The net interest income of the company has increased by 24.98% compared to the corresponding quarter of the previous year and stood at Rs. 30.60 crores in Q3, 2077/2078.

RMDC Laghubitta's paid-up capital stood at Rs. 1.03 Arba with a reserve and surplus of Rs. 1.71 Arba in the third quarter of the fiscal year 2077/2078. 

Its earnings per share (EPS) stood at Rs. 26.47 and net worth per share stood at Rs. 266.27. The company’s Non-performing loan stood at 0.05%. The company traded at a PE multiple of 46.43 times during the report preparation.

Click here for the Q3 report

Major Highlights:

Particulars

RMDC Laghubitta Bittiya Sanstha Limited

Q3, 2077/2078

Q3, 2076/2077

Difference

Paid-Up Capital

1,034,221.94

899,323.43

15.00%

Reserve & Surplus

1,719,583.56

1,562,162.05

10.08%

Borrowings

8,453,228.21

7,723,172.54

9.45%

Deposits

-

-

-

Loans & Advances

10,716,651.04

8,387,751.20

27.77%

Net Interest Income

306,030.38

244,864.56

24.98%

Provision for possible Losses

27,897.33

1,874.79

-

Write Back of Provision

-

-

-

Net Profit

205,330.51

151,449.62

35.58%

Capital Adequacy (%)

22.27%

23.96%

-

NPL (%)

0.05%

0.01%

-

Cost of fund (%)

4.48%

9.36%

-

EPS (Rs.)

26.47

22.45

-

Net worth per share (Rs.)

266.27

273.70

-

Qtr end PE ratio (Times)

46.43

-

-

Qtr End Market Price

1229

-

-