Sana Kisan profit rises by 24.26%; earns Rs 34.59 crore till Q3 with EPS of Rs 58.69

Sun, May 5, 2019 6:46 AM on Financial Analysis, Latest,

Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) net profit rises by 24.26% in the third quarter (Q3) of the fiscal year 2075/76.

Publishing the unaudited financial report for the third quarter today, the microfinance company stated that its net profit increased to Rs 34.59 crore in the Q3 of fiscal year 2074/75, up from Rs 27.84 crore in the corresponding period of the previous fiscal year 2074/75.

Its net interest income has also increased from Rs 53.24 crore in corresponding quarter to Rs 65.40 crore till the third quarter.

Its paid up capital remains at Rs 78.60 crore with massive reserve of Rs 1.52 arba till Q3.

The company has borrowings of Rs 16.46 arba till the third quarter, up from Rs 14.04 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 19.07 arba till Q3 whereas in the same period last year the figure stood at Rs 16.45 arba.

Its annualized earning per share (EPS) and net worth per share stands at Rs 58.69 and Rs 294.56 respectively. Its quarter end PE is at 15.59 times.

Click Here for Q3 report:

Major Highlights:

Particulars (In Rs '000)

Sana Kisan Bikas Laghubitta

Q3 2075/76

Q3 2074/75

Difference

Paid Up Capital

786,034.91

628,827.93

25.00%

Reserve & Surplus

1,529,270.74

1,256,486.35

21.71%

Borrowings

16,465,097.31

14,041,409.41

17.26%

Loans & Advances

19,076,990.19

16,457,723.17

15.92%

Net Interest Income

654,095.36

532,492.16

22.84%

Staff Expenses

41,188.36

39,610.84

3.98%

Provision for possible losses

44,155.85

44,267.94

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Operating Profit

543,292.17

425,711.60

27.62%

Net Profit

345,998.07

278,441.88

24.26%

Capital Adequacy (%)

11.07

10.36

6.85%

NPL (%)

0.15

0.13

15.38%

Cost of Fund (%)

5.99

5.69

5.27%

Annualized EPS (In Rs.)

58.69

59.04

-0.59%

Net Worth per Share (In Rs.)

294.56

299.81

-1.75%

PE Ratio (times)

15.59

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