Samudayik Laghubitaa reports 63% rise in net profit with annualized EPS at Rs 26.41; Networth per share for Q1 2076/77 at Rs 183.13
Sun, Nov 10, 2019 11:20 AM on Financial Analysis, Latest, Stock Market,
Samudayik Laghubitta Bittiya Sanstha Limited has published an un-audited financial report of the first quarter for the FY 2075/76. It has stated that net profit has increased by 56.96% to Rs 2.44 crore from Rs 1.55 crore reported in the corresponding quarter of the previous fiscal year 2074/75.
The microfinance's borrowings increased from Rs 37.35 crore to Rs 53.86 crore. Likewise, it extended loans of Rs 96.71 crore from Rs 80.10 crore in the Q1 of FY 2076/77. It has paid-up capital of Rs 10 crore with a reserve of Rs 8.31 crore till this quarter.
Samudayik Laghubitta’s net interest income has increased from Rs 1.61 crore in the corresponding quarter of last year to Rs 2.11 crore in the first quarter of fiscal year 2076/77. Its operating profit has increased to Rs 1.03 crore till Q1, from Rs 63.53 lakh in the corresponding quarter.
Currently, annualized EPS and Net worth per share stood at Rs 26.41 and Rs 183.13 respectively with the P/E ratio at 26.01 times.
Major Highlights:
| Particulars (In Rs '000) | Samudayik Laghubitta | ||
|---|---|---|---|
| Q1 2076/77 | Q1 2075/76 | Difference | |
| Paid Up Capital | 100,000 | 70,000 | 42.86% |
| Reserve & Surplus | 83,133 | 37,943 | 119.10% |
| Borrowings | 538,625 | 373,512 | 44.21% |
| Deposits | 372,463 | 287,336 | 29.63% |
| Loans & Advances | 967,144 | 801,022 | 20.74% |
| Net Interest Income | 21,150 | 16,108 | 31.30% |
| Staff Expenses | 13,093 | 9,267 | 41.29% |
| Provision for possible losses | 958 | 1,001 | -4.30% |
| Operating Profit | 10,376 | 6,353 | 63.32% |
| Net Profit | 6,603 | 4,043 | 63.32% |
| Capital Adequacy (%) | 13.97 | 12.41 | 12.57% |
| NPL (%) | 1.84 | 1.23 | 49.59% |
| Cost of Fund (%) | 8.72 | 10.44 | -16.48% |
| Annualized EPS (In Rs.) | 26.41 | 23.10 | 14.32% |
| Net Worth per Share (In Rs.) | 183.13 | ||
| PE Ratio (times) | 26.01 | ||
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