Samudayik Laghubitta's earning crosses 1 crore; Reserve rises by around 95% in Q2 of FY 2075/76
Tue, Feb 5, 2019 11:09 AM on Financial Analysis, Latest, Stock Market,
Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has posted a whopping growth in net profit by 85.90% to reach Rs 1 crore till this month in the second quarter (Q2) of fiscal year 2075/76.
The unaudited financial report for the second quarter published today, the microfinance institution has stated that its operating profit has also increased to Rs 1.57 crore in Q2 from Rs 84.82 lakhs in the corresponding quarter of the last fiscal year.
The microfinance institution’s borrowing remains to be Rs 39.93 crore and has collected Rs 30.87 crore in deposits.
Likewise, it has extended loans and advances of Rs 84.67 crore in Q2 of FY 2075/76 whereas in the same period last year the figure stood at Rs. 68.87 crore – an increment of 22.95%.
It has a paid-up capital of Rs 10 crore and Rs 4.67 crore in reserve and surplus.
Its non- performing loan (NPL) has decreased to 1.35% in Q2 from 1.49 % in the second quarter of the last fiscal year.
It's earning per share (EPS), as reported, is Rs 20.07 in Q2 from Rs 15.42 previous year. Its net worth per share stands at Rs 146.77 with a PE ratio of 32.29 times.
Major Highlights:
|
Particulars (In Rs '000) |
Samudayik Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
100,000 |
70,000 |
42.86% |
|
Reserve & Surplus |
46,767 |
24,065 |
94.33% |
|
Deposits |
308,699 |
232,386 |
32.84% |
|
Borrowings |
399,347 |
384,612 |
3.83% |
|
Loans & Advances |
846,766 |
688,727 |
22.95% |
|
Net Interest Income |
34,131 |
29,789 |
14.58% |
|
Provision for possible losses |
2,888 |
3,018 |
-4.32% |
|
Operating Profit |
15,768 |
8,482 |
85.90% |
|
Net Profit |
10,034 |
5,398 |
85.90% |
|
NPL (%) |
1.35 |
1.49 |
-9.40% |
|
Annualized EPS (In Rs.) |
20.07 |
15.42 |
30.13% |
|
Net Worth per Share (In Rs.) |
146.77 |
134.38 |
9.22% |
|
P/E ratio |
32.29 |
||
.png)
