See the major highlights from Q1 report of Mahuli Samudayik Laghubitta

Mon, Nov 5, 2018 1:20 PM on Financial Analysis, Latest, Stock Market,

Mahuli Samudayik Laghubitta Bittiya Sanstha Limited (MSLB) has posted an increase in net profit by 10.12% to Rs 85.51 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 also increased to Rs 1.24 crore in Q1 from Rs 1 crore in the corresponding quarter of the last fiscal year.

The microfinance institution’s borrowing remains to be Rs 70.38 crore and has collected Rs 74.94 crore in deposits.

Likewise, it has extended loans and advances of Rs 1.65 arba in Q1 of FY 2075/76 whereas in the same period last year the figure stood at Rs. 1.27 arba.

It has a paid up capital of Rs 6 crore has Rs 16.31 crore in reserve and surplus.

Its non- performing loan (NPL) increased to 1.79% in Q1 from 1.74% in the first quarter of the last fiscal year.

MSLB’s earning per share (EPS) has decreased to Rs 57.01 in Q1 from Rs 51.77 in the previous year. Its net worth per share stands at Rs 371.92 and P/E ratio at 169.8 times.

Particulars (In Rs '000)

MSLB

Q1 2075/76

Q1 2074/75

Difference

Paid Up Capital

60,000

60,000

0.00%

Reserve & Surplus

163,154

142,706

14.33%

Deposits

749,453

625,958

19.73%

Borrowings

703,862

527,229

33.50%

Loans & Advances

1,641,898

1,271,007

29.18%

Net Interest Income

32,703

32,881

-0.54%

Provision for possible losses

1,089

2,514

-56.66%

Operating Profit

12,498

10,026

24.65%

Net Profit

8,551

7,765

10.12%

NPL (%)

1.79

1.74

2.87%

Annualized EPS (In Rs.)

57.01

51.77

10.12%

Net Worth per Share (In Rs.)

371.92

337.84

10.09%

P/E Ratio (In times)

169.8