See the financial highlights third quarter report of Deva Bikas Bank, Kamana Sewa Bikas Bank and Sahayogi Bikas Bank.

Fri, Apr 27, 2018 4:24 AM on Financial Analysis, Latest, Stock Market,

Deva Bikas Bank Limited (DBBL) has registered a meager rise of 1.66% in its net profit in the third quarter (Q3) of the current fiscal year 2074/75.

According to the unaudited financial report published by the development bank today, its net profit has surged to Rs 20.23 crore in third quarter, up from Rs 19.90 crore in the corresponding quarter of the last fiscal year 2073/74. The operating profit increased to Rs 31.98 crore from Rs 31.40 crore as compared to the corresponding quarter of last fiscal year.

DBBL’s net interest income has risen to Rs 48.21 crore in the third quarter as compared to Rs 39.70 crore in the corresponding quarter. Its deposits collection reached Rs 13.95 arba in Q3 from only Rs 9.81 arba in the corresponding period last year.

Likewise, it has extended loans and advances of Rs 12.62 arba in Q3 whereas in the same period last year, the figure stood at Rs 8.77 arba.

Its non-performing loan has also inclined to 3.01 percent in Q3 from 1.39 percent in the previous year’s report.

Annualized Earning per share (EPS) of DBBL stands at Rs 16.52 and net worth per share is at Rs 140.57.

Its paid up capital and reserves remains at Rs 1.63 arba and Rs 66.25 crore respectively.

Major Highlights:

Particulars (In Rs '000)

DBBL

Q3 2074/75

Q3 2073/74

Difference

Paid Up Capital

1,633,277

1,383,223

18.08%

Reserve & Surplus

662,544

349,423

89.61%

Deposits

13,952,186

9,818,396

42.10%

Borrowings

-

-

-

Loans & Advances

12,623,898

8,777,349

43.82%

Net Interest Income

482,144

397,053

21.43%

Provision for possible losses

50,963

(6,945)

-

Operating Profit

319,868

314,022

1.86%

Net Profit

202,366

199,058

1.66%

NPL (%)

3.01

1.39

116.55%

Annualized EPS (In Rs.)

16.52

19.19

-13.90%

Net Worth per Share (In Rs.)

140.57

125.26

12.22%

P/E Ratio (In times)

8.66

-

-

Kamana Sewa Bikas Bank has registered 57.62 percent incline in net profit in the third quarter of the current fiscal year 2074/75. Its net profit has increased to Rs 22.81 crore in third quarter from Rs 14.47 crore in the corresponding quarter of the fiscal year 2073/74.

According to the unaudited financial report published by the development bank today, Kamana Sewa Bikas Bank’s net interest income has risen to Rs 49.21 crore in Q3 as compared to Rs 30.84 crore in the corresponding quarter. It’s paid up capital remains at Rs 2.06 arba.

The development bank also amassed huge amount of deposits in the Q3 of the ongoing fiscal year. Deposits collection reached Rs 14.37 arba in Q3 from Rs 6.70 arba in the corresponding period last year.

Likewise, it has extended loans and advances of Rs 13.07 arba in Q3 of FY 2074/75 whereas in the same period last year the figure stood at Rs 6.20 arba.

Its non-performing loan has risen to 1.93 percent in Q3 up from 1.78 percent in the previous year report.

KSBBL’s earning per share (EPS) stand at Rs 14.75 , net worth per share at 151.38, and the P/E ratio at 13.83 times.

Major Highlights:

Particulars (In Rs '000)

KSBBL

Q3 2074/75

Q3 2073/74

Difference

Paid Up Capital

2,062,770

804,379

156.44%

Reserve & Surplus

1,059,789

285,999

270.56%

Deposits

14,379,317

6,707,398

114.38%

Borrowings

-

-

-

Loans & Advances

13,075,623

6,201,283

110.85%

Net Interest Income

492,138

308,471

59.54%

Provision for possible losses

57,721

37,105

55.56%

Operating Profit

338,605

219,983

53.92%

Net Profit

228,153

144,745

57.62%

NPL (%)

1.93

1.78

8.43%

Annualized EPS (In Rs.)

14.75

23.99

-38.53%

Net Worth per Share (In Rs.)

151.38

135.56

11.67%

P/E Ratio (In times)

13.83

-

-

Sahayogi Vikas Bank Limited (SBBLJ) has posted adecrease in its profit in  the third quarter of the fiscal year 2074/75. It has posted a slight 17.87% increase in its net profit in the third quarter of the current fiscal year 2074/75.

According to the unaudited financial report published by the development bank today, its net profit has slide down to Rs 7.63 crore in third quarter, from Rs 9.29 crore in the corresponding quarter of the last fiscal year 2073/74. The operating profit has also decreased by 40.19% to Rs 7.76 crore from Rs 12.98 crore as compared to the corresponding quarter of last fiscal year.

SBBLJ has also decreased its net interest income by 7.71% to Rs 16.47 crore. Its deposit collection has reached Rs 3.44 arba in Q3. Likewise, it has extended loans and advances of Rs 2.94 arba in Q3 whereas in the same period last year the figure stood at Rs 2.88 arba.

Its non-performing loan has inclined to 1.32 percent in Q3 from 0.56 percent in the previous year report.

Annualized Earning per share (EPS) of SBBLJ stands at Rs 19.98, net worth per share at 135.67, and P/E ratio at 10.61 times.

Major Highlights:

Particulars (In Rs '000)

SBBLJ

Q3 2074/75

Q3 2073/74

Difference

Paid Up Capital

509,668

314,610

62.00%

Reserve & Surplus

181,800

233,846

-22.26%

Deposits

3,448,789

2,975,014

15.93%

Borrowings

-

-

-

Loans & Advances

2,945,151

2,880,334

2.25%

Net Interest Income

164,771

178,532

-7.71%

Provision for possible losses

53,482

30,024

78.13%

Operating Profit

77,674

129,858

-40.19%

Net Profit

76,366

92,980

-17.87%

NPL (%)

1.32

0.56

135.71%

Annualized EPS (In Rs.)

19.98

39.41

-49.30%

Net Worth per Share (In Rs.)

135.67

174.33

-22.18%

P/E Ratio (In times)

10.61

-

-