See the performance of Pokhara Finance , Janaki Finance and Hathway Finance based on the second quarter report
Mon, Jan 28, 2019 8:19 AM on Financial Analysis, Latest, Stock Market,
Pokhara Finance Company (PFL) has published its unaudited financial report for the second quarter of the fiscal year 2075/76.
The net profit of the company stands at Rs 4.10 crore which is an increment of 1.71% from corresponding period’s profit of Rs 4.03 crore.
The finance company has collected total deposits of Rs 5.18 arba which is 31.23% rise from corresponding period’s Rs 3.94 arba. The bank has floated Rs 4.63 arba as loans and advances for the Q2 of the FY 2075/76.
Its borrowings have reached Rs 40 crore in the second quarter.
It earned Rs 12.12 crore as net interest income. And it has Rs 6.39 crore as operating profit.
The paid up capital of the company is Rs 85.72 crore and reserve of Rs 29.02 crore.
The annualized EPS of the finance company stands at Rs 9.57 and Net worth per share is Rs 133.86.
Major Highlights:
|
Particulars (In Rs '000) |
PFL |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
857,273 |
655,788 |
30.72% |
|
Reserve & Surplus |
290,231 |
417,391 |
-30.47% |
|
Deposits |
5,180,622 |
3,947,798 |
31.23% |
|
Borrowings |
400,000 |
- |
- |
|
Loans & Advances |
4,639,283 |
3,701,755 |
25.33% |
|
Net Interest Income |
121,205 |
74,062 |
63.65% |
|
Provision for possible losses |
11,087 |
8,230 |
34.71% |
|
Operating Profit |
63,990 |
62,020 |
3.18% |
|
Net Profit |
41,029 |
40,339 |
1.71% |
|
NPL (%) |
1.1 |
1.32 |
-16.67% |
|
Annualized EPS (In Rs.) |
9.57 |
12.30 |
-22.19% |
|
Net Worth per Share (In Rs.) |
133.86 |
163.65 |
-18.21% |
|
P/E Ratio (In times) |
14.41 |
- |
|
Janaki Finance Limited (JFL) has registered a massive rise in profit by 61.30% percent in the second quarter (Q2) of the fiscal year 2075/76.
As per the report published by the finance company today, its net profit has increased to Rs 3.87 crore in the second quarter from Rs 2.40 crore in the corresponding quarter.
Janaki finance has paid up capital of Rs 49.21 crore. Its reserve and surplus has increased by 13.58 % to Rs 18.43 crore in Q2.
JFL has deposit collection of Rs 1.86 arba whereas it has floated loans and advances of Rs 1.30 arba. It has NPL of 4.77%.
The finance company annualized earning per share (EPS) stand at Rs 15.76, net worth per share is at Rs 142.55 and P/E ratio is at mere 10.98 times.
Major Highlights:
|
Particulars (In Rs '000) |
JFL |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
492,140 |
403,394 |
22.00% |
|
Reserve & Surplus |
209,388 |
184,356 |
13.58% |
|
Deposits |
1,862,063 |
1,492,258 |
24.78% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
1,863,943 |
1,300,471 |
43.33% |
|
Net Interest Income |
71,060 |
38,128 |
86.37% |
|
Provision for possible losses |
54,372 |
39,258 |
38.50% |
|
Operating Profit |
12,538 |
(5,090) |
- |
|
Net Profit |
38,777 |
24,041 |
61.30% |
|
NPL (%) |
4.77 |
9.66 |
-50.62% |
|
Annualized EPS (In Rs.) |
15.76 |
11.92 |
32.21% |
|
Net Worth per Share (In Rs.) |
142.55 |
145.70 |
-2.20% |
|
P/E Ratio (In times) |
10.98 |
- |
|
Hathway Finance Company Limited (HATH) has reported rise in net profit at Rs 1.20 crore along with increased EPS at Rs 8.06 for the second quarter of the current fiscal year 2075/76.
Unaudited financial report of Hathway Finance circulated today; has stated that net profit has increased to Rs 1.20 crore in second quarter of fiscal year 2075/76 from Rs 87.22 lakh reported in the corresponding quarter of the previous fiscal year 2074/75.
It’s extended loans of Rs 37.57 crore from Rs 10.81 crore in the corresponding quarter. Its deposits collection has increased to Rs 34.11 crore in the second quarter of the fiscal year 2075/76. It has paid up capital of Rs 30 crore with diminished reserve at Rs 8.35 crore in Q2.
Net Interest income is the primary source of income for finance company. HATH’s net interest income has fallen from Rs 2.76 crore in the corresponding quarter last year to Rs 93.18 lakh.
The finance company’s non-performing loan (NPL) has reduced to 3.22 percent in the second quarter. Currently, Net worth per share stands merely at Rs 72.15.
Major Highlights
|
Particulars (In Rs '000) |
HATH |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
300,000 |
300,000 |
0.00% |
|
Reserve & Surplus |
(83,564) |
(123,679) |
-32.43% |
|
Deposits |
341,167 |
69,377 |
391.76% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
375,734 |
108,148 |
247.43% |
|
Net Interest Income |
9,318 |
27,609 |
-66.25% |
|
Provision for possible losses |
4,018 |
628 |
539.81% |
|
Operating Profit |
5,909 |
(22,779) |
- |
|
Net Profit |
12,085 |
8,722 |
38.56% |
|
NPL (%) |
3.22 |
14.91 |
-78.40% |
|
Annualized EPS (In Rs.) |
8.06 |
5.81 |
38.56% |
|
Net Worth per Share (In Rs.) |
72.15 |
58.77 |
22.75% |
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