See the major highlights of GDBL, MLBL and SADBL based on the Q1 report
Wed, Nov 14, 2018 11:38 AM on Financial Analysis, Latest, Stock Market,
Gandaki Bikas Bank Limited (GDBL) has reported increase in net profit by 90.66% in the first quarter of the current fiscal year 2075/76.
As per the report published in newspaper, the development bank has stated that its net profit increased to Rs 10.27 crore in Q1 from Rs 5.39 crore reported in the corresponding quarter of the previous fiscal year 2074/75.
It has collected deposits of Rs 23.72 arba and floated loans of Rs 21.24 arba in Q1 of the FY 2075/76.
It’s paid up capital remains at Rs 2.75 arba and has reserve of Rs 1.11 arba.
The development bank’s non-performing loan (NPL) stayed at 0.46%..
Its Earning Per Share (EPS) now stands at Rs 14.95, net worth per share at Rs 140.63 and P/E ratio at 13.51 times.
Major Highlights:
|
Particulars (In Rs '000) |
GDBL |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
2,750,000 |
1,843,926 |
49.14% |
|
Reserve & Surplus |
1,117,433 |
988,342 |
13.06% |
|
Deposits |
23,721,916 |
19,344,295 |
22.63% |
|
Borrowings |
350 |
- |
- |
|
Loans & Advances |
21,243,366 |
16,558,992 |
28.29% |
|
Net Interest Income |
233,681 |
200,579 |
16.50% |
|
Provision for possible losses |
14,712 |
62,697 |
-76.53% |
|
Operating Profit |
153,035 |
84,053 |
82.07% |
|
Net Profit |
102,788 |
53,913 |
90.66% |
|
NPL (%) |
0.46 |
1.4 |
-67.14% |
|
Annualized EPS (In Rs.) |
14.95 |
11.70 |
27.84% |
|
Net Worth per Share (In Rs.) |
140.63 |
153.60 |
-8.44% |
|
P/E Ratio (In times) |
13.51 |
- |
|
Mahalaxmi Bikas Bank Limited (MLBL) has registered a profit rise of 87.46 percent in the first quarter of the fiscal year 2075/76.
According to the unaudited financial report published by the national level development bank today, its net profit has surged to Rs 10.56 crore in first quarter, up from Rs 5.63 crore in the corresponding quarter of the last fiscal year 2074/75.
Mahalaxmi Bikas Bank’s deposit base has increased by 6.12% in this period. It now has deposits of Rs 26.68 arba with floated loans worth Rs 22.83 arba. In the same period of FY 2074/75, the figures stood at only Rs 25.14 arba and Rs 20.12 arba respectively. With this, it has been able to increase its net interest income by 42.82% to Rs 24.67 crore.
Its non-performing loan has decreased to 3.39 percent in Q1 from 3.55 percent in the previous year report.
Annualized Earnings per share (EPS) of MLBL now stands at Rs 14.85, net worth per share at Rs 136.96, and the P/E ratio as of the end of Q1 at 11.71 times.
Currently, its paid up capital remains at Rs 2.84 arba with reserve of Rs 1.05 arba.
Major Highlights:
|
Particulars (In Rs '000) |
MLBL |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
2,844,501 |
2,633,797 |
8.00% |
|
Reserve & Surplus |
1,051,420 |
1,098,231 |
-4.26% |
|
Deposits |
26,686,226 |
25,146,450 |
6.12% |
|
Borrowings |
650,000 |
- |
- |
|
Loans & Advances |
22,835,655 |
20,125,095 |
13.47% |
|
Net Interest Income |
246,711 |
172,747 |
42.82% |
|
Provision for possible losses |
100,249 |
96,785 |
3.58% |
|
Operating Profit |
18,502 |
(24,589) |
- |
|
Net Profit |
105,621 |
56,343 |
87.46% |
|
NPL (%) |
3.39 |
3.55 |
-4.51% |
|
Annualized EPS (In Rs.) |
14.85 |
8.56 |
73.57% |
|
Net Worth per Share (In Rs.) |
136.96 |
141.70 |
-3.34% |
|
P/E Ratio (In times) |
11.71 |
- |
|
Shangrila Development Bank Limited (SADBL) has earned Rs 1.92 crore in the first quarter of the fiscal year 2075/76. The bank has posted decline in profit by 53.02% percent in the first quarter. In the previous year corresponding quarter, the net profit figure was Rs 4.10 crore.
Publishing the unaudited financial report today, its net interest income rose to Rs 19.96 crore from Rs 14.62 crore in corresponding quarter of the previous fiscal year.
The development bank has collected deposits of Rs 16.74 arba in the Q1 up from Rs 13.80 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 15.06 arba in Q1 whereas in the same period last year the figure stood at Rs 12.08 arba.
SADBL’s Earning per Share (EPS) stand at Rs 3.08 and its net worth per share at Rs. 125.55.
Major Highlights:
|
Particulars (In Rs '000) |
SADBL |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
2,506,385 |
1,358,475 |
84.50% |
|
Reserve & Surplus |
640,499 |
617,968 |
3.65% |
|
Deposits |
16,747,247 |
13,804,472 |
21.32% |
|
Borrowings |
403,700 |
- |
- |
|
Loans & Advances |
15,062,225 |
12,082,106 |
24.67% |
|
Net Interest Income |
199,624 |
146,243 |
36.50% |
|
Provision for possible losses |
90,758 |
30,095 |
201.57% |
|
Operating Profit |
30,336 |
64,552 |
-53.01% |
|
Net Profit |
19,292 |
41,066 |
-53.02% |
|
NPL (%) |
2.4 |
0.98 |
144.90% |
|
Annualized EPS (In Rs.) |
3.08 |
12.09 |
-74.54% |
|
Net Worth per Share (In Rs.) |
125.55 |
145.49 |
-13.70% |
