RSDC posted impressive 121.83% profit growth in Q2; earns Rs 2.84 cr to maintain its EPS at Rs 8.99
Mon, Feb 4, 2019 7:54 AM on Financial Analysis, Latest, Stock Market,
RSDC Laghubitta Bikas Bank Limited (RSDC) has reported net profit increment by 121.83% as compared to corresponding quarter’s report. Its net profit now amounts to Rs 2.84 crore.
As of Q2, RSDC Laghubitta’s borrowings stand at Rs 1.64 arba. It has floated loans of Rs 1.91 arba. Likewise the microfinance company has been able to increase its net interest income to Rs 5.56 crore in the mentioned period from Rs 2.55 crore in corresponding quarter.
Its Non-Performing Loan (NPL) stand at 0.40% in Q2. RSDC’s annualized EPS stand at Rs 8.99.
Its paid up capital now stands at Rs 63.35 crore with net worth of Rs 121.08 per share. The company’s reserve and surplus has increased to Rs 13.35 crore in Q2 from Rs 0.85 crore in the corresponding quarter.
RSDC last trading price in NEPSE is Rs 385 and its PE is 43.82 times.
Major Highlights:
|
Particulars (In Rs '000) |
RSDC Labhubitta Bittiya Sanstha |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
633,512 |
340,379 |
86.12% |
|
Reserve & Surplus |
133,527 |
8,514 |
1468.32% |
|
Borrowings |
1,640,526 |
1,060,448 |
54.70% |
|
Loans & Advances |
1,910,651 |
1,248,951 |
52.98% |
|
Net Interest Income |
55,674 |
25,598 |
117.49% |
|
Provision for possible losses |
10,107 |
3,742 |
170.09% |
|
Operating Profit |
42,521 |
20,149 |
111.03% |
|
Net Profit |
28,479 |
12,838 |
121.83% |
|
Capital Adequacy (%) |
38.26 |
28.72 |
33.22% |
|
NPL (%) |
0.4 |
0.04 |
900.00% |
|
Annualized EPS (In Rs.) |
8.99 |
7.54 |
19.19% |
|
Net Worth per Share (In Rs.) |
121.08 |
102.50 |
18.12% |
|
PE Ratio (times) |
43.82 |
- |
- |
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