See the first quarter highlights of Infinity Microfinance; IPO to soon hit the market
Sun, Oct 28, 2018 9:59 AM on Financial Analysis, Latest, Stock Market,
Infinity Microfinance Bittiya Sanstha Limited (IMBSL) has reported net profit of Rs 66.42 lakh in the first quarter (Q1) of the FY 2075/76.
As per the unaudited report published today, net interest income has surged to Rs 1.82 crore leading its operating profit to be Rs 1.04 crore.
Its paid up capital stands at Rs 14 crore with reserve and surplus standing at Rs 1.19 crore. The microfinance has borrowing of Rs 72.25 crore while it has collected deposit of Rs 32.47 crore.It has floated loans and advances amounting to Rs 1.03 arbae.
Its annualized EPS stands at Rs 18.98 and Net worth per share stands at Rs 108.56.
The microfinance company is set to issue IPO worth Rs 6 crore for the general public. The paid-up capital will reach Rs 20 crore while the promoters will be holding 70% of the total capital.
Highlights:
|
Particulars (In Rs '000) |
IMBSL |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
140,000 |
70,000 |
100.00% |
|
Reserve & Surplus |
11,979 |
-7,102 |
- |
|
Deposits |
324,779 |
50,256 |
546.25% |
|
Borrowings |
722,529 |
226,132 |
219.52% |
|
Loans & Advances |
1,036,254 |
212,470 |
387.72% |
|
Net Interest Income |
18,244 |
2,704 |
574.70% |
|
Provision for possible losses |
3,822 |
623 |
513.48% |
|
Operating Profit |
10,438 |
-1,097 |
- |
|
Net Profit |
6,642 |
-1,097 |
- |
|
NPL (%) |
0.65 |
0 |
- |
|
Annualized EPS (In Rs.) |
18.98 |
-6.27 |
-402.73% |
|
Net Worth per Share (In Rs.) |
108.56 |
89.85 |
20.81% |
