Shree Investment & Finance EPS & Net worth stands at Rs 11.61 & Rs 192.04 respectively
Tue, Nov 7, 2017 5:59 AM on Latest, Financial Analysis, Featured, Stock Market,
Shree Investment and Finance Company (SIFC) has registered a net profit rise of 26.18 % in the first 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. 1.01 crore in first quarter, up from Rs 79.43 lakh in the corresponding quarter of the previous fiscal year.
SIFC’s net interest income has risen to Rs 2.73 crore in Q1 as compared to Rs 1.99 crore in the corresponding quarter of the last fiscal year.
As of Q1, it has a paid up capital of Rs 34.54 crore with a reserve of Rs 31.79 crore. SIFC is seeking approval from SEBON to issue 83% right share. After which its paid up capital will reach to Rs 63.20 crore.
The bank also collected deposits of Rs 3.36 arba in Q1, up from Rs 1.79 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 2.79 arba in Q1 whereas in the same period last year, the figure stood at Rs.1.50 arba. The credit-deposit ratio (CDD) of this finance company stands at 70.78 %.
SIFC’s annualized Earnings per Share (EPS) stands Rs 11.61. Its net worth stands at Rs 192.04 per share and P/E ratio at 37.91 times.
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