RSDC Laghubitta' performance in Q1 of 2076/77; Annualized EPS at Rs 14.41 with CAR of 24.29%
Wed, Nov 13, 2019 1:01 PM on Financial Analysis, Latest, Stock Market,
RSDC Laghubitta Bittiya Sanstha Limited (RSDC), a wholesaler microfinance company has reported net profit increment by 75.15% till Q1 of FY 2076/77 as compared to the corresponding quarter’s report. Its net profit now amounts to Rs 2.28 crore.
As of Q1, RSDC Laghubitta’s borrowings stand at Rs 2.54 arba. It has floated loans of Rs 2.96 arba with 70.45% growth. Likewise, the microfinance company has been able to increase its net interest income to Rs 3.85 crore till the review period from Rs 2.56 crore in the corresponding quarter.
Its Non-Performing Loan (NPL) stands at 0.19% till Q1. RSDC’s annualized EPS stands at Rs 14.41.
Its paid-up capital now stands at Rs 63.35 crore with net worth of Rs 114.25 per share. The company’s reserve and surplus have increased to Rs 9.05 crore till Q1. RSDC’s quarter-end PE is at 23.95 times.
Its capital adequacy ratio (CAR) is 24.29%.
Major Highlights:
| Particulars (In Rs '000) | RSDC Laghubitta | ||
|---|---|---|---|
| Q1 2076/77 | Q1 2075/76 | Difference | |
| Paid Up Capital | 633,512 | 633,512 | |
| Reserve & Surplus | 90,508 | 118,209 | -23.43% |
| Deposits | 0 | 0 | |
| Borrowings | 2,549,000 | 1,281,514 | 98.91% |
| Loans & Advances | 2,962,846 | 1,738,237 | 70.45% |
| Net Interest Income | 38,500 | 25,655 | 50.07% |
| Staff Expenses | 3,095 | 2,669 | 15.96% |
| Provision for possible losses | 4,555 | 4,704 | -3.17% |
| Operating Profit | 35,613 | 20,230 | 76.04% |
| Net Profit | 22,815 | 13,026 | 75.15% |
| Capital Adequacy (%) | 24.29 | 41.84 | -41.95% |
| NPL (%) | 0.19 | 0.48 | -60.42% |
| Cost of Fund (%) | 11.22 | 11.39 | -1.49% |
| Annualized EPS (In Rs.) | 14.41 | 8.22 | 75.15% |
| Net Worth per Share (In Rs.) | 114.25 | ||
| Qtr End PE Ratio (times) | 23.95 | ||
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