RSDC Laghubitta published an improve Q3 result; still company financial indicators are weak among wholesalers microfinance
Mon, Apr 29, 2019 7:32 AM on Financial Analysis, Latest,
RSDC Laghubitta Bittiya Sanstha Limited (RSDC), a wholesaler microfinance company has reported net profit increment by 85.66% as compared to corresponding quarter’s report. Its net profit now amounts to Rs 4.28 crore.
As of Q3, RSDC Laghubitta’s borrowings stand at Rs 1.65 arba. It has floated loans of Rs 2.29 arba. Likewise the microfinance company has been able to increase its net interest income to Rs 8.34 crore till the review period from Rs 4.59 crore in corresponding quarter.
Its Non-Performing Loan (NPL) stand at 0.30% in Q3. RSDC’s annualized EPS stand at Rs 9.01.
Its paid up capital now stands at Rs 63.35 crore with net worth of Rs 123.34 per share. The company’s reserve and surplus has increased to Rs 14.78 crore in Q3 from Rs 11.66 crore in the corresponding quarter.
RSDC’s PE is at 40.06 times.
Major Highlights:
|
Particulars (In Rs '000) |
RSDC Laghubitta |
||
|---|---|---|---|
|
Q3 2075/76 |
Q3 2074/75 |
Difference |
|
|
Paid Up Capital |
633,512.00 |
359,950.00 |
76.00% |
|
Reserve & Surplus |
147,873.44 |
116,643.00 |
26.77% |
|
Borrowings |
1,656,451.36 |
1,187,774.00 |
39.46% |
|
Loans & Advances |
2,294,210.79 |
1,469,508.00 |
56.12% |
|
Net Interest Income |
83,449.98 |
45,918.00 |
81.74% |
|
Provision for possible losses |
13,985.12 |
6,302.00 |
- |
|
Operating Profit |
64,653.81 |
36,223.00 |
78.49% |
|
Net Profit |
42,825.73 |
23,067.00 |
85.66% |
|
Capital Adequacy (%) |
33.97 |
32.09 |
5.86% |
|
NPL (%) |
0.30 |
0.09 |
233.33% |
|
Annualized EPS (In Rs.) |
9.01 |
8.54 |
5.49% |
|
Net Worth per Share (In Rs.) |
123.34 |
132.41 |
-6.85% |
|
PE Ratio (times) |
40.06 |
- |
- |
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