See the performance of Guheswori Merchant Banking and Shree Investment and Finance based on their Q3 report
Sun, Apr 29, 2018 10:56 AM on Financial Analysis, Latest, Stock Market,
Guheswori Merchant Banking and Finance Company Limited (GMFIL) has registered a net profit fall of 29.16% in the third quarter of the current FY 2074/75.
According to the unaudited financial report published by the finance today, its net profit has decreased to Rs 3.78 crore in third quarter, from Rs 5.19 crore in the corresponding quarter of the previous fiscal year.
GMFIL’s net interest income has risen to Rs 9.91 crore in Q3 as compared to Rs 8.13 crore in the corresponding quarter of the last fiscal year.
As of Q3, it has a paid up capital of Rs 80 crore with a reserve of Rs 14.51 crore.
The bank also collected deposits of Rs 2.67 arba in Q3, down from Rs 2.58 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 2.39 arba in Q3 whereas in the same period last year, the figure stood at Rs 2 arba. The NPL of the company has dropped to 0.38% from 0.67% in the corresponding quarter of previous year.
GMFIL’s annualized Earnings per Share (EPS) stands at Rs 6.30, net worth per share at Rs 118.14 and P/E ratio at 22.69 times.
Similarly, Shree Investment and Finance Company (SIFC) has registered a net profit rise of 9.77 % in the third quarter of the current FY 2074/75.
According to the unaudited financial report published by the finance today, its net profit has increased to Rs. 6.49 crore in third quarter, up from Rs 5.92 crore in the corresponding quarter of the previous fiscal year.
SIFC’s net interest income has risen to Rs 12.51 crore in Q3 as compared to Rs 12.83 crore in the corresponding quarter of the last fiscal year.
As of Q3, it has a paid up capital of Rs 34.54 crore with a reserve of Rs 37.92 crore.
The finance company also collected deposits of Rs 3.4 arba in Q3, up from Rs 3.31 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 3.18 arba in Q3 whereas in the same period last year, the figure stood at Rs.2.91 arba.
SIFC’s annualized Earnings per Share (EPS) stands Rs 25.09. Its net worth stands at Rs 209.78 per share and P/E ratio at 9.05 times.
