Samata Laghubitta profit increased by 311.41% in Q3; EPS and PE stands at Rs 34.81 and 34.48 times respectively

Wed, Apr 24, 2019 7:25 AM on Financial Analysis, Latest,

Samata Laghubitta Bittiya Sanstha Limited (SMATA) has published unaudited financial report for the third quarter today. It has stated that net profit has increased by staggering 311.41% to Rs 1.48 crore in third quarter of fiscal year 2075/76 from Rs 36.09 lakh reported in the corresponding quarter of the previous fiscal year 2074/75.

Likewise, it extended loans of Rs 1.23 arba in the review period. It has collected deposits of Rs 44.19 crore in the third quarter of the fiscal year 2075/76. It has paid up capital of Rs 5.68 crore with reserve of Rs 5.47 crore in Q3 of FY 2075/76.

Its net interest income has increased from Rs 2.78 crore in the corresponding quarter last year to Rs 4.74 crore in the third quarter of fiscal year 2075/76. Its operating profit has increased to Rs 1.98 crore in Q3, from Rs 36.33 lakh in corresponding quarter.

The annualized Earnings per Share (EPS) stand at Rs 34.81. SMATA’s non-performing loan (NPL) has increased to 1.14 percent in the third quarter. Currently, net worth per share stands at Rs 196.31.

Major Highlights:

Particulars (In Rs '000)

Samata Lagubitta

Q3 2075/76

Q3 2074/75

Difference

Paid Up Capital

56,880.00

37,920.00

50.00%

Reserve & Surplus

54,781.88

15,903.33

244.47%

Deposits

441,949.91

220,088.97

100.81%

Borrowings

728,966.61

383,449.72

90.11%

Loans & Advances

1,237,085.45

619,961.27

99.54%

Net Interest Income

47,405.87

27,890.38

69.97%

Provision for possible losses

17,946.65

6,694.11

-

Operating Profit

19,826.50

3,633.16

445.71%

Net Profit

14,848.47

3,609.14

311.41%

Capital Adequacy (%)

9.73

9.21

5.65%

NPL (%)

1.14

0.71

60.56%

Annualized EPS (In Rs.)

34.81

12.69

174.28%

Net Worth per Share (In Rs.)

196.31

141.94

38.31%

PE Ratio (times)

34.48

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