See the financial highlights of Samudayik Laghubitta for Q1; Microfinance issuing 3 lakh unit IPO from Mangsir 2
Tue, Nov 13, 2018 11:41 AM on Financial Analysis, Latest, Stock Market,
Samudayik Laghubitta Bittiya Sanstha Limited has posted decent growth in net profit by 40.67% to Rs 40.43 lakh in the first quarter (Q1) of fiscal year 2075/76.
Publishing the unaudited financial report for the first quarter today, the microfinance institution has stated that its operating profit has also increased to Rs 63.54 lakh in Q1 from Rs 45.17 lakh in the corresponding quarter of the last fiscal year.
The micro finance institution’s borrowing remains to be Rs 37.35 crore and has collected Rs 28.73 crore in deposits.
Likewise, it has extended loans and advances of Rs 80.10 crore in Q1 of FY 2075/76 whereas in the same period last year the figure stood at Rs. 62.54 crore.
It has a paid up capital of Rs 7 crore and has Rs 3.79 crore in reserve and surplus.
Its non- performing loan (NPL) has increased to 1.23 % in Q1 from 1.17 % in the corresponding quarter of the last fiscal year.
Its earning per share (EPS) has increased to Rs 23.10 in Q1 from Rs 16.42 previous year. Its net worth per share stands at Rs 154.20.
Major Highlights:
Particulars (In Rs '000) |
SAMU |
||
---|---|---|---|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
Paid Up Capital |
70,000 |
70,000 |
0.00% |
Reserve & Surplus |
37,943 |
20,100 |
88.77% |
Deposits |
287,336 |
215,591 |
33.28% |
Borrowings |
373,513 |
402,531 |
-7.21% |
Loans & Advances |
801,022 |
625,545 |
28.05% |
Net Interest Income |
16,109 |
15,036 |
7.14% |
Provision for possible losses |
1,002 |
902 |
11.01% |
Operating Profit |
6,354 |
4,517 |
40.67% |
Net Profit |
4,043 |
2,874 |
40.67% |
NPL (%) |
1.23 |
1.17 |
5.13% |
Annualized EPS (In Rs.) |
23.10 |
16.42 |
40.67% |
Net Worth per Share (In Rs.) |
154.20 |
128.71 |
19.80% |