RMDC reports a strong Q3 report; earns Rs 24.44 crore with EPS of Rs 40.77 and Zero NPL
Fri, Apr 26, 2019 6:57 AM on Financial Analysis, Latest, Stock Market,
RMDC Laghubitta Bittiya Sanstha Limited, a wholesale microfinance company has published an unaudited financial report of the third quarter for the FY 2075/76. It has stated that net profit has increased to Rs 24.44 crore from Rs 18.06 crore reported in the corresponding quarter of the previous fiscal year 2074/75.
The microfinance has increased borrowings from Rs 5.31 arba of Rs 6.42 arba. Likewise, it extended loans of Rs 7.81 arba from Rs 6.40 arba in the Q3 of FY 2074/75. It has paid up capital of Rs 79.93 crore with reserve of Rs 1.52 arba till this quarter.
RMDC’s net interest income has increased from Rs 29 crore in the corresponding quarter of last year to Rs 34.89 crore in the third quarter of fiscal year 2075/76. Its operating profit has increased to Rs 34.68 crore till Q3, from Rs 28.38 crore in the corresponding quarter.
Currently, annualized EPS and Net worth per share stood at Rs 40.77 and Rs 291.23 respectively with P/E ratio at 13.41 times.
Major Highlights:
|
Particulars (In Rs '000) |
RMDC Laghubitta |
||
|---|---|---|---|
|
Q3 2075/76 |
Q3 2074/75 |
Difference |
|
|
Paid Up Capital |
799,398.60 |
726,726.00 |
10.00% |
|
Reserve & Surplus |
1,528,704.36 |
1,356,984.14 |
12.65% |
|
Borrowings |
6,421,207.82 |
5,312,122.32 |
20.88% |
|
Loans & Advances |
7,814,289.12 |
6,407,723.84 |
21.95% |
|
Net Interest Income |
348,940.17 |
290,242.73 |
20.22% |
|
Provision for possible losses |
9,734.53 |
6,503.67 |
- |
|
Operating Profit (Rs) |
346,689.62 |
283,859.98 |
22.13% |
|
Net Profit (Rs) |
244,448.05 |
180,677.75 |
35.30% |
|
Capital Adequacy (%) |
24.71 |
25.29 |
-2.29% |
|
NPL (%) |
0.00 |
0.00 |
#DIV/0! |
|
Annualized EPS (In Rs.) |
40.77 |
33.15 |
23.00% |
|
Net Worth per Share (In Rs.) |
291.23 |
286.73 |
1.57% |
|
PE Ratio (times) |
13.41 |
- |
- |
