Samata Microfinance reports an staggering rise of 18.25% in net profit of Q2; EPS stands at Rs 25.38 with NPL of 0.64%
Sun, Jan 27, 2019 10:09 AM on Financial Analysis, Latest, Stock Market,
Samata Microfinance Bittiya Sansthan Limited (SMATA) has published unaudited financial report for the second quarter today. It has stated that net profit has significantly increased to Rs 72.18 lakh in second quarter of fiscal year 2075/76 from Rs 25.76 lakh reported in the corresponding quarter of the previous fiscal year 2074/75.
Likewise, it extended loans of Rs 1.02 arba from Rs 50.67 crore in the review period. It has collected deposits of Rs 36.72 crore in the second quarter of the fiscal year 2075/76. It has paid up capital of Rs 5.69 crore with reserve of Rs 3.78 crore in Q2 of FY 2075/76.
Its net interest income has increased from Rs 1.73 crore in the corresponding quarter last year to Rs 2.84 crore in the second quarter of fiscal year 2075/76. Its operating profit has increased to Rs 1 crore in Q2, from Rs 26.79 lakh in corresponding quarter.
Annualized Earnings per Share (EPS) stand at Rs 25.38. SMATA’s non-performing loan (NPL) has decreased to 0.64 percent in the second quarter. Currently, Net worth per share stands at Rs 166.47.
Highlights:
Particulars (In Rs '000) | SMATA | ||
---|---|---|---|
Q1 2075/76 | Q2 2074/75 | Difference | |
Paid Up Capital | 56,880 | 37,920 | 50.00% |
Reserve & Surplus | 37,809 | 14,279 | 164.78% |
Deposits | 367,187 | 185,785 | 97.64% |
Borrowings | 584,196 | 299,820 | 94.85% |
Loans & Advances | 1,025,182 | 506,641 | 102.35% |
Net Interest Income | 28,369 | 17,324 | 63.76% |
Provision for possible losses | 9,927 | 4,272 | 132.36% |
Operating Profit | 10,001 | 2,679 | 273.28% |
Net Profit | 7,218 | 2,576 | 180.25% |
NPL (%) | 0.64 | 1.32 | -51.52% |
Annualized EPS (In Rs.) | 25.38 | ||
Net Worth per Share (In Rs.) | 166.47 | ||
P/E Ratio (In times) | 43.78 |