Sabaiko Laghubitta reports massive increment in net profit in Q3; Look at the major highlights
Sun, May 2, 2021 7:35 AM on Latest, Company Analysis,
Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) published the third-quarter report of FY 2077/2078 with an outstanding 222.13% increment in Net Profit. As per the report published by the company, the net profit increased to Rs. 7.92 crore as compared to Rs. 2.46 crore in the corresponding quarter of the previous year.
The borrowings of the company increased by a massive 41.86% to Rs. 2.17 Arba which was Rs. 1.53 crore in the corresponding quarter of the previous year. The deposits of the company increased by 34.25% to Rs 81.89 crore. The company’s loans and advances have also increased by 55.82% to 3.10 Arba in this quarter.
The net interest income (core revenue) has increased by 73.78% to Rs. 14.63 crore compared to Rs. 8.42 crore in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 20.60 crores in this quarter and its reserve and surplus stood at Rs. 9.31 crore which is an increase of 177.14% in this quarter.
Its annualized earnings per share (EPS) stands at Rs. 51.30. The net worth per share is Rs. 145.23. The company traded at a P/E (quarter-end) multiple of 30.99 times.
Major Highlights:
|
Particulars |
Sabaiko Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q3, 2077/2078 |
Q3, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
206,027.00 |
186,450.00 |
10.50% |
|
Reserve & Surplus |
93,180.00 |
33,622.00 |
177.14% |
|
Borrowings |
2,172,208.00 |
1,531,207.00 |
41.86% |
|
Deposits |
818,977.00 |
610,038.00 |
34.25% |
|
Loans & Advances |
3,101,087.00 |
1,990,221.00 |
55.82% |
|
Net Interest Income |
146,369.00 |
84,225.00 |
73.78% |
|
Provision for possible Losses |
23,989.00 |
16,207.00 |
- |
|
Write Back of Provision |
44,492.00 |
0.00 |
- |
|
Net Profit |
79,270.00 |
24,608.00 |
222.13% |
|
Capital Adequacy (%) |
9.45% |
10.91% |
- |
|
NPL (%) |
1.61% |
1.57% |
- |
|
Cost of fund (%) |
6.03% |
10.26% |
- |
|
EPS (Rs.) |
51.30 |
17.60 |
- |
|
Net worth per share (Rs.) |
145.23 |
118.03 |
- |
|
Qtr end PE ratio (Times) |
30.99 |
- |
- |
|
Qtr End Market Price |
1590 |
- |
- |
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