Sana Kisan Laghubitta Q1 profit rises by 18.12%; Loan and Advances rises by 29.26%
Fri, Nov 12, 2021 10:27 AM on Latest, Financial Analysis,
Sana Kisan Laghubitta Bittiya Sanstha Limited (SKBBL) published the first-quarter report of FY 2078/2079 with an 18.12% increment in Net Profit. As per the report published by the company, the net profit increased to Rs. 16.54 crores as compared to Rs. 14 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 15.95% to Rs. 21.40 arba which was Rs. 18.46 arba in the corresponding quarter of the previous year. The company’s loans and advances have increased by 29.26% to 25 Arba in this quarter.
The net interest income (core revenue) has increased by 11.89% to Rs. 29.92 crore compared to Rs. 26.74 crore in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 1.25 Arba in this quarter and its reserve and surplus stood at Rs. 2.49 Arba.
Its earnings per share (Annualized EPS) stand at Rs. 52.87. The net worth per share is Rs. 299.42. The company traded at a PE multiple of 33.55 times.
Major Highlights:
| Particulars (In Rs '000) | Sana Kisan Bikas Laghubitta | ||
|---|---|---|---|
| Q1 2078/79 | Q1 2077/78 | Difference | |
| Paid Up Capital | 1,251,530.98 | 1,000,229.43 | 25.12% |
| Reserve & Surplus | 2,495,740.87 | 2,108,710.25 | 18.35% |
| Borrowings | 21,408,621.46 | 18,463,812.78 | 15.95% |
| Deposits | 0.00 | 0.00 | 0.00% |
| Loans & Advances | 25,000,707.47 | 19,341,959.69 | 29.26% |
| Net Interest Income | 299,214.38 | 267,406.58 | 11.89% |
| Staff Expenses | 19,456.84 | 18,662.73 | 4.26% |
| Provision for possible losses | 62,706.32 | 51,615.32 | - |
| Operating Profit | 207,353.05 | 180,999.51 | 14.56% |
| Write Back | 55,198.24 | 39,048.33 | - |
| Net Profit | 165,407.31 | 140,030.45 | 18.12% |
| Capital Adequacy (%) | 13.45 | 13.91 | -3.31% |
| NPL (%) | 0.66 | 0.99 | - |
| Cost of Fund (%) | 3.27 | 5.00 | -34.60% |
| Annualized EPS (In Rs.) | 52.87 | 56.00 | -5.60% |
| Net Worth per Share (In Rs.) | 299.42 | 310.82 | -3.67% |
| Qtr end PE Ratio (times) | 33.55 | - | - |
| Qtr End Market Price | 1773.9 | - | - |
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