Sanima Bank earns Rs 1.14 arba till Q2 with 16.84% growth; Non Performing Loan rises slightly to 0.41%
Fri, Jan 24, 2020 5:17 PM on Financial Analysis, Stock Market, Latest,
Sanima Bank Limited (SANIMA) has published its second quarter report for the FY 2076/77 with rise in net profit by 16.84%.
The bank’s profit has increased from Rs 98.20 crore in the second quarter of the fiscal year 2075/76 to Rs 1.14 arba in the second quarter of the fiscal year 2076/77. In the same quarter, the bank has Rs 95.09 crore as distributable profit after PL Appropriation and Regulatory Adjustments.
The bank’s deposit from customers has increased by 11.11% to Rs 99.30 arba and loans and advances to customers also increased by 8.96% to Rs 88.71 arba in the second quarter. The net interest income of the bank has increased by 13.54% to Rs 2.16 arba from Rs 1.90 arba of the corresponding quarter.
The bank’s paid up capital stands at Rs 8.80 arba with Rs 3.90 arba as its reserve and surplus.
The Non-Performing Loan (NPL) has increased to 0.41% from 0.24%.
In the second quarter, the annualized EPS of the bank stands at Rs 26.07. The net worth per share stands at Rs 144.32 and qtr end PE ratio stands at 13.15 times.
Major Highlights:
* 2075/76 figure are of Immediate Previous Year Ending.
* Published EPS, Networth and PE may differ. As per NFRS standard, Weighted average number of shares is taken while calculating EPS, Networth and PE but we have taken number of shares as per Q2 end paid up capital.
|
Particulars (In Rs '000) |
Sanima Bank |
||
|---|---|---|---|
|
Q2 2076/77 |
Q2 2075/76 |
Difference |
|
|
Share Capital* |
8,801,381 |
8,001,255 |
10.00% |
|
Share Premium* |
- |
- |
- |
|
Retained Earnings* |
1,017,954 |
1,751,507 |
-41.88% |
|
Reserves* |
2,883,195 |
2,825,478 |
2.04% |
|
Deposits from Customers* |
99,300,501 |
89,373,729 |
11.11% |
|
Loans & Advances to customers* |
88,712,928 |
81,418,861 |
8.96% |
|
Net Interest Income |
2,167,987 |
1,909,440 |
13.54% |
|
Impairment Charge/(Reversal) |
-218,288 |
-263,634 |
- |
|
Personnel Expenses |
621,665 |
581,081 |
6.98% |
|
Operating Profit |
1,623,794 |
1,393,741 |
16.51% |
|
Profit/(Loss) for the Year |
1,147,465 |
982,087 |
16.84% |
|
Total Comprehensive Income |
1,143,932 |
982,087 |
16.48% |
|
Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments |
950,923 |
- |
- |
|
Capital Adequacy Ratio (CAR) |
12.78 |
12.81 |
-0.23% |
|
NPL |
0.41 |
0.24 |
70.83% |
|
CCD (as per NRB Directives) |
78.05 |
78.25 |
-0.26% |
|
Cost of Fund (%) |
7.33 |
7.57 |
-3.17% |
|
Base Rate (%) |
9.29 |
9.75 |
-4.72% |
|
Annualized EPS (In Rs.) |
26.07 |
24.55 |
6.22% |
|
Net Worth per Share (In Rs.) |
144.32 |
157.20 |
-8.19% |
|
Qtr End PE Ratio (times) |
13.15 |
- |
- |
|
Qtr End Market Price |
343 |
- |
- |
.png)
