Sana Kisan Bikas Laghubitta published a strong Q4 financials; earns Rs 49.10 crore and NPL stands at 0.08%

Tue, Aug 13, 2019 6:14 AM on Financial Analysis, Stock Market, Latest,

Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) net profit rises by 24.92% in the fourth quarter (Q4) of the fiscal year 2075/76.

Publishing the unaudited financial report for the fourth quarter today, the microfinance company stated that its net profit increased to Rs 49.10 crore in the Q4 of fiscal year 2075/76, up from Rs 39.30 crore in the corresponding period of the previous fiscal year 2074/75.

Its net interest income has also increased from Rs 75.10 crore in corresponding quarter to Rs 91.89 crore till the fourth quarter.

Its paid up capital remains at Rs 78.60 crore with massive reserve of Rs 1.67 arba till Q4.

The company has borrowings of Rs 17.65 arba till the fourth quarter, up from Rs 15.74 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 20.45 arba till Q4 whereas in the same period last year the figure stood at Rs 16.89 arba.

Its earning per share (EPS) and net worth per share stands at Rs 62.47 and Rs 313.56 respectively. Its quarter end PE is at 15.18 times.

Major Highlights:

Particulars (In Rs '000)

Sana Kisan Bikas Laghubitta

Q4 2075/76

Q4 2074/75

Difference

Paid Up Capital

786,034.91

786,034.91

0.00%

Reserve & Surplus

1,678,660.30

1,184,576.29

41.71%

Borrowings

17,650,340.25

15,743,012.42

12.12%

Deposits

-

-

-

Loans & Advances

20,457,060.13

16,891,223.32

21.11%

Net Interest Income

918,960.99

751,078.29

22.35%

Staff Expenses

57,926.88

40,258.46

43.89%

Provision for possible losses

44,434.06

38,861.32

-

Operating Profit

770,675.14

616,567.14

24.99%

Net Profit

491,024.00

393,063.69

24.92%

Capital Adequacy (%)

11.19

10.38

7.80%

NPL (%)

0.08

0.04

100.00%

Cost of Fund (%)

5.90

5.73

2.97%

EPS (In Rs.)

62.47

50.01

24.92%

Net Worth per Share (In Rs.)

313.56

250.70

25.07%

Qtr end PE Ratio (times)

15.18

-

-