Sanima Bank Limited Reports Net Profit of Rs. 2.29 Arba in Q4; EPS at Rs. 20.24 and PE ratio at 13.63 Times
Sun, Jul 24, 2022 8:57 AM on Latest, Financial Analysis, Stock Market,
Sanima Bank Limited has posted a net profit of Rs 2.29 arba and published its 4th quarter company analysis of the fiscal year 2078/79.
The bank’s profit has decreased from Rs 2.31 Arba in the fourth quarter of the fiscal year 2077/78 to Rs 2.29 Arba in the fourth quarter of the fiscal year 2078/79. In the same quarter, the bank has Rs 1.46 Arba as the distributable profit after PL Appropriation and Regulatory Adjustments.
The bank’s deposit from customers has increased by 22.65% to stand at Rs. 1.57 Kharba and loans and advances to customers increased by 15.19% to stand at Rs. 1.37 Kharba. The net interest income (core business income) of the bank decreased by a meager 5.35 % in Q4.
The bank’s paid-up capital stands at Rs 11.32 Arba with Rs 5.77 Arba as its reserve and surplus. The Non-performing loan increased to 0.35% from 0.12%.
In the fourth quarter, the EPS of the bank stands at Rs 20.24. The net worth per share stands at Rs 151.01 and qtr end PE ratio stands at 13.63 times.
Major financial highlights
| Particulars (In Rs '000") | Sanima Bank | ||
|---|---|---|---|
| Q4 2078/79 | Q4 2077/78 | Difference | |
| Share Capital | 11,327,377 | 9,681,519 | 17.00% |
| Share Premium | 0 | 0 | |
| Retained Earnings | 1,469,986 | 1,737,200 | -15.38% |
| Reserves | 4,308,110 | 3,504,695 | 22.92% |
| Deposits from Customers | 157,518,535 | 128,425,867 | 22.65% |
| Loans & Advances to customers | 137,161,371 | 119,071,401 | 15.19% |
| Net Interest Income | 4,767,196 | 4,524,987 | 5.35% |
| Impairment Charge/(Reversal) | 264,526 | 248,283 | 6.54% |
| Personnel Expenses | 1,654,338 | 1,439,197 | 14.95% |
| Operating Profit | 3,252,585 | 3,310,957 | -1.76% |
| Profit/(Loss) for the Year | 2,292,909 | 2,317,822 | -1.07% |
| Total Comprehensive Income | 2,231,083 | 2,444,751 | -8.74% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 1,469,986 | ||
| Capital Adequacy Ratio (CAR) | 13.75 | 13.57 | 1.33% |
| NPL | 0.35 | 0.12 | 191.67% |
| CD (as per NRB Directives) | 86.36 | 88.03 | -1.90% |
| Cost of Fund (%) | 7.63 | 4.75 | 60.63% |
| Interest Rate Spread (%) | 3.86 | 3.73 | 3.49% |
| Base Rate (%) | 9.71 | 6.34 | 53.15% |
| EPS (In Rs.) | 20.24 | ||
| Net Worth per Share (In Rs.) | 151.01 | ||
| Qtr End PE Ratio (times) | 13.63 | ||
| Qtr End Market Price | 276 | ||
