See the Q2 highlights of Central Finance, Gurkhas Finance and Shree Investment Finance
Tue, Jan 29, 2019 8:08 AM on Financial Analysis, Latest, Stock Market,
Central Finance Company Limited (CFCL)’s net profit has increased by 24.73 percent for the second quarter of FY 2075/76.
The published unaudited financial report today has stated that the net profit has increased from Rs 2.26 crore to Rs 2.82 crore.
The finance has accumulated deposits of Rs 3.12 arba with the growth of 8.17 percent while its paid up capital is at Rs 82.33 crore. The reserve and surplus have increased from Rs 18.18 crore to Rs 18.72 crore with the growth of 2.98 percent.
The finance company has floated 2.95 arba loans till the second quarter.
Earning per Share (EPS) of the finance stood at Rs 6.85 while its Net worth per Share is at Rs 122.74.
Major Highlights:
|
Particulars (In Rs '000) |
CFCL |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
823,398 |
520,663 |
58.14% |
|
Reserve & Surplus |
187,218 |
181,801 |
2.98% |
|
Deposits |
3,123,538 |
2,887,524 |
8.17% |
|
Borrowings |
16,409 |
19,479 |
-15.76% |
|
Loans & Advances |
2,954,028 |
245,958 |
1101.03% |
|
Net Interest Income |
73,631 |
47,838 |
53.92% |
|
Provision for possible losses |
17,939 |
7,908 |
126.85% |
|
Operating Profit |
42,965 |
26,870 |
59.90% |
|
Net Profit |
28,207 |
22,614 |
24.73% |
|
NPL (%) |
1.49 |
1.36 |
9.56% |
|
Annualized EPS (In Rs.) |
6.85 |
8.69 |
-21.13% |
|
Net Worth per Share (In Rs.) |
122.74 |
134.92 |
-9.03% |
|
P/E Ratio (In times) |
16.61 |
- |
|
Gurkhas Finance Limited (GUFL) has published the unaudited quarterly for the second quarter of the fiscal year 75/76. The company’s paid up capital remains unchanged since the corresponding quarter of the previous year at Rs.86.79 Crore. The reserves slightly increased from Rs.34.34 Crore to Rs.34.94 Crore.
The borrowing of the company grew from Rs.4.14 Crore to Rs.15 Crore by the end of the first quarter.
The company posted an increase of 30.58% in the deposits and 20.13% increase on the loans and advances since the corresponding quarter of the previous year.
Net interest income of the company fell from Rs.9.87 Crore to Rs.7.54 crore marking a fall of more than 23%.
The NPL of the company slightly grew from 4.32% to 3.58% by the end of the second quarter.
The operating loss of the company currently stands at Rs.1.92 Crore and the net profits stands at Rs.6.09 Crore. The majority of the profit includes write back of provision for possible loss worth Rs 9.62 crore.
The company posted an EPS of Rs.14.04 and net worth per share of Rs.140.26 which was previously at Rs.139.57.
Highlights
|
Particulars (In Rs '000) |
GUFL |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
867,994 |
867,994 |
0.00% |
|
Reserve & Surplus |
349,435 |
343,484 |
1.73% |
|
Deposits |
5,903,672 |
4,520,948 |
30.58% |
|
Borrowings |
150,000 |
41,400 |
262.32% |
|
Loans & Advances |
4,815,281 |
4,008,414 |
20.13% |
|
Net Interest Income |
75,477 |
98,701 |
-23.53% |
|
Provision for possible losses |
26,116 |
30,932 |
-15.57% |
|
Operating Profit |
(19,213) |
20,382 |
-194.26% |
|
Net Profit |
60,938 |
22,470 |
171.20% |
|
NPL (%) |
4.32 |
3.58 |
20.67% |
|
Annualized EPS (In Rs.) |
14.04 |
5.18 |
171.20% |
|
Net Worth per Share (In Rs.) |
140.26 |
139.57 |
0.49% |
|
P/E Ratio (In times) |
7.69 |
- |
|
Shree Investment and Finance Company (SIFC) has registered a net profit increase to Rs 5.76 crores in the second quarter of the current FY 2075/76 from Rs 3.48 crores.
SIFC’s net interest income has risen to Rs 11.87 crore in Q2 as compared to Rs 7.20 crore in the corresponding quarter of the last fiscal year.
As of Q2, it has a paid up capital of Rs 81 crore with a reserve of Rs 21.79 crore.
The finance company also collected deposits of Rs 4.35 arba in Q2, up from Rs 3.50 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 3.98 arba in Q2 whereas in the same period last year, the figure stood at Rs.3 arba.
SIFC’s annualized Earnings per Share (EPS) stands Rs 14.24. Its net worth stands at Rs 125.91 per share.
Major Highlights:
|
Particulars (In Rs '000) |
SIFC |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
810,000 |
345,449 |
134.48% |
|
Reserve & Surplus |
217,964 |
342,899 |
-36.43% |
|
Deposits |
4,356,267 |
3,509,487 |
24.13% |
|
Borrowings |
100,000 |
80,000 |
25.00% |
|
Loans & Advances |
3,982,594 |
3,005,243 |
32.52% |
|
Net Interest Income |
118,740 |
72,034 |
64.84% |
|
Provision for possible losses |
7,932 |
30,932 |
2465.44% |
|
Operating Profit |
90,839 |
51,453 |
76.55% |
|
Net Profit |
57,655 |
34,824 |
65.56% |
|
NPL (%) |
0.19 |
0.16 |
18.75% |
|
Annualized EPS (In Rs.) |
14.24 |
20.16 |
-29.39% |
|
Net Worth per Share (In Rs.) |
126.91 |
199.26 |
-36.31% |
|
P/E Ratio (In times) |
9.34 |
- |
|
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