Sanima Bank Limited's profit declines by 24.56% by Q4 FY 2076/77; EPS at Rs. 19.35 and PE ratio at 17.05 times

Fri, Aug 14, 2020 5:14 PM on Latest, Company Analysis,

Sanima Bank Limited has posted a net profit of Rs 1.7 arba and published its 4th quarter company analysis of the fiscal year 2076/77.

The bank’s profit has decreased from Rs 2.25 Arba in the fourth quarter of the fiscal year 2075/76 to Rs 1.7 Arba in the fourth quarter of the fiscal year 2076/77. In the same quarter, the bank has Rs 1.11 Arba as the distributable profit after PL Appropriation and Regulatory Adjustments.

The bank’s deposit from customers has increased by 19.54% and loans and advances to customers increased by 11.23%. The net interest income (core business income) of the bank has decreased by a meager 0.16% in Q4.

The bank’s paid-up capital stands at Rs 8.8 Arba with Rs 2.82 Arba as its reserve and surplus. The Non-performing loan increased to 0.48% from 0.08%.

In the fourth quarter, the EPS of the bank stands at Rs 19.35. The net worth per share stands at Rs 144.83 and qtr end PE ratio stands at 17.05 times.

Click here for Q4 report.

Major Highlights:

Particulars (In Rs)

Sanima Bank Ltd.

Q4 2076/77

Q4 2075/76

Difference

Paid Up Capital

8,801,380,984

8,001,255,440

10.00%

Share Premium

0

0

 

Retained Earnings

1,119,722,316

1,751,506,637

-36.07%

Reserves

2,825,687,091

2,236,785,982

26.33%

Deposits from Customers

106,835,786,321

89,373,729,162

19.54%

Loans & Advances to Customers

90,566,104,231

81,418,860,580

11.23%

Net Interest Income

4,215,462,823

4,208,697,114

0.16%

Fee and Commission Income

619,018,972

711,865,408

-13.04%

Impairment Charge/(Reversal)

883,458,627

218,238,049

-

Personnel Expenses

1,252,548,177

1,259,767,735

-0.57%

Operating Profit

2,418,612,827

3,224,895,415

-25.00%

Profit/(Loss) for the Year

1,703,373,981

2,258,067,506

-24.56%

Total Comprehensive Income

1,675,186,606

2,330,643,983

-28.12%

Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments

1,119,722,316

-

-

Capital Adequacy Ratio (CAR)

12.97

13.19

-1.67%

NPL

0.48

0.08

500.00%

CCD (as per NRB Directives)

74.72

77.91

-4.09%

Cost of Fund (%)

6.66

7.39

-9.88%

Base Rate (%)

8.62

9.45

-8.78%

EPS (In Rs.)

19.35

28.22

-31.42%

Net Worth per Share (In Rs.)

144.83

149.85

-3.35%

Qtr End PE Ratio (times)

17.05

-

-

Qtr End Market Price*

330

-

-

Price to Book (PB Ratio)

2.28

-

-