Shangri-la Development Bank Posts 6.51% Rise in Net Profit in Q4 FY 2081/82; Distributable Profit Soars Over 213%
Thu, Jul 24, 2025 9:43 AM on Financial Analysis, Company Analysis, Latest,
Shangri-la Development Bank (SADBL) has reported a net profit of Rs. 53.70 crores in the fourth quarter of Fiscal Year 2081/82, reflecting a modest growth of 6.51% from Rs. 50.42 crores in the same quarter of the previous fiscal year.
The bank’s distributable profit after profit/loss appropriation and regulatory adjustments stood at Rs. 41.38 crores—marking a significant jump of 213.81% compared to Rs. 13.18 crores in Q4 2080/81. Similarly, retained earnings climbed to Rs. 41.38 crores, maintaining the same growth rate.
Total deposits increased marginally by 1.19%, reaching Rs. 546.68 crores, while loans and advances rose by 2.95% to Rs. 430.21 crores. Despite these improvements, net interest income saw a slight dip of 1.36%, totaling Rs. 188.09 crores.
The bank managed to reduce its operating costs, with personnel expenses down by 2.99% at Rs. 66.78 crores. Impairment charges also decreased by 3.47%, amounting to Rs. 34.46 crores. These cost efficiencies contributed to an operating profit of Rs. 77.42 crores, up 10.06% year-on-year.
Shangri-la Development Bank strengthened its capital position, with capital adequacy ratio increasing to 14.41% from 12.99%. Likewise, net worth per share rose by 7.87% to Rs. 156.71.
However, the bank's asset quality weakened slightly, as the non-performing loan (NPL) ratio surged to 5.64% from 3.93%, indicating a 43.51% rise. On a positive note, the cost of fund declined significantly by 26.11%, dropping to 5.01%.
The bank’s annualized earnings per share (EPS) rose modestly to Rs. 15.10 from Rs. 14.70. As of the end of the quarter, its price-to-earnings (PE) ratio stood at 30.64 times, with a market price of Rs. 462.82.
Major Financial Highlights:
* Figures are of Immediate Previous Year Quarter Ending
| Particulars (In Rs '000) | Shangri-la Development Bank | ||
|---|---|---|---|
| Q4 2081/82 | Q4 2080/81 | Difference | |
| Paid Up Capital | 3,556,255.72 | 3,430,971.30* | 3.65% |
| Share Premium | - | - | - |
| Retained Earnings | 413,845.64 | 131,878.33* | 213.81% |
| Reserves | 1,603,010.47 | 1,421,526.05* | 12.77% |
| Deposits | 54,668,494.39 | 54,028,104.36* | 1.19% |
| Loans & Advances | 43,021,486.73 | 41,786,970.57* | 2.95% |
| Net Interest Income | 1,880,903.08 | 1,906,863.35 | -1.36% |
| Personnel Expenses | 667,806.72 | 688,404.78 | -2.99% |
| Impairment Charges/(Reversal) for loans and advances | 344,639.45 | 357,010.45 | -3.47% |
| Operating Profit | 774,205.03 | 703,417.64 | 10.06% |
| Net Profit | 537,095.11 | 504,280.45 | 6.51% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 413,845.64 | 131,878.33 | 213.81% |
| Capital Adequacy (%) | 14.41 | 12.99 | 10.93% |
| Non- Performing Loan (NPL)(%) | 5.64 | 3.93 | 43.51% |
| Cost of Fund (%) | 5.01 | 6.78 | -26.11% |
| Annualized EPS (In Rs.) | 15.10 | 14.70 | 2.76% |
| Net Worth per Share (In Rs.) | 156.71 | 145.28 | 7.87% |
| Qtr end PE Ratio (times) | 30.64 | ||
| Qtr End Market Price | 462.82 | - | - |
