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

  • -ShareSansar
Wed, Apr 24, 2019 7:25 AM on Financial Analysis, Latest,
Samata Lag...

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

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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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