Sana Kisan Laghubitta reported stagnant business volume in Q2; reported fair growth in profitability
Thu, Feb 11, 2021 7:07 AM on Company Analysis, Latest,
Sana Kisan Laghubitta Bittiya Sanstha Limited (SKBBL) published the second-quarter report of FY 2077/2078 with 5.20% increment in Net Profit. As per the report published by the company, the net profit increased to Rs. 31.73 crores as compared to Rs. 30.17 crores in the corresponding quarter of the previous year.
The borrowings of the company decreased by -5.00% to Rs. 18.46 arba which was Rs. 19.43 arba in the corresponding quarter of the previous year. The company’s loans and advances have also decreased by 0.40% to 21.07 arba in this quarter.
The net interest income (core revenue) has increased by 12.39% to Rs. 60.56 crores compared to Rs. 53.88 crores 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. 2.00 Arba which is an increase of 16.14% in this quarter.
Its annualized earnings per share (EPS) stands at Rs. 50.77. The net worth per share is Rs. 260.63. The company traded at a PE multiple of 31.51 times.
Major Highlights:
|
Particulars |
Sana Kisan Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q2, 2077/2078 |
Q2, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
1,250,286.78 |
1,000,229.43 |
25.00% |
|
Reserve & Surplus |
2,008,315.26 |
1,729,210.98 |
16.14% |
|
Borrowings |
18,464,943.58 |
19,436,605.84 |
-5.00% |
|
Deposits |
0.00 |
0.00 |
- |
|
Loans & Advances |
21,070,685.66 |
21,154,620.41 |
-0.40% |
|
Net Interest Income |
605,642.15 |
538,877.68 |
12.39% |
|
Provision for possible Losses |
79,898.52 |
41,634.54 |
- |
|
Write Back of Provision |
42,238.13 |
28,201.82 |
- |
|
Net Profit |
317,396.24 |
301,705.00 |
5.20% |
|
Capital Adequacy (%) |
13.42% |
13.70% |
- |
|
NPL (%) |
0.97% |
0.66% |
- |
|
Cost of fund (%) |
3.48% |
5.96% |
- |
|
EPS (Rs.) |
50.77 |
60.33 |
- |
|
Net worth per share (Rs.) |
260.63 |
272.88 |
- |
|
Qtr end PE ratio (Times) |
31.51 |
- |
- |
|
Qtr End Market Price |
1600 |
- |
- |
