Samata Microfinance’s profit decreases to lakhs from crores; Q4 report shows decline in EPS and Networth
Fri, Aug 3, 2018 3:08 AM on Financial Analysis, Latest, Stock Market,
Samata Microfinance Bittiya Sansthan Limited (SMATA) has published unaudited financial report for the fourth quarter today. It has stated that net profit has significantly decreased to Rs 73.85 Lakh in fourth quarter of fiscal year 2074/75 from Rs 1.40 crore reported in the corresponding quarter of the previous fiscal year 2073/74.
Likewise, it extended loans of Rs 69.83 crore from Rs 37.92 crore. It has collected deposits of Rs 25.90 crore in the fourth quarter of the fiscal year 2074/75. It has paid up capital of Rs 3.79 crore with reserve of Rs 2.18 crore in Q4.
Its net interest income has marginally increased from Rs 3.68 crore in the corresponding quarter last year to Rs 3.95 crore in the fourth quarter of fiscal year 2074/75. Its operating profit has massively dropped to Rs 52.69 lakh in Q4, from Rs 2.09 crore in corresponding quarter.
Earnings per Share (EPS) stand at Rs 19.48. SMATA’s non-performing loan (NPL) has reduced to 0.2 percent in the last quarter. Currently, Net worth per share stands at Rs 157.59.
Highlights:
|
Particulars (In Rs '000) |
SMATA |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
37,920 |
31,600 |
20.00% |
|
Reserve & Surplus |
21,837 |
29,569 |
-26.15% |
|
Deposits |
259,096 |
135,715 |
- |
|
Borrowings |
431,518 |
223,001 |
93.50% |
|
Loans & Advances |
698,371 |
379,284 |
84.13% |
|
Net Interest Income |
39,565 |
36,891 |
7.25% |
|
Provision for possible losses |
8,359 |
4,385 |
90.61% |
|
Operating Profit |
5,269 |
20,933 |
-74.83% |
|
Net Profit |
7,385 |
14,054 |
-47.45% |
|
NPL (%) |
0.2 |
0.67 |
- |
|
Annualized EPS (In Rs.) |
19.48 |
44.47 |
-56.21% |
|
Net Worth per Share (In Rs.) |
157.59 |
193.57 |
-18.59% |
|
P/E Ratio (In times) |
70.86 |
- |
|
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