Srijana Finance reports decrease in net profit for the last quarter; Net profit stands at Rs 12.21 crore and Net worth per share at Rs 150.12
Fri, Jul 20, 2018 1:55 AM on Financial Analysis, Latest, Stock Market,
Srijana Finance Limited (SFFIL) has registered profit decline of 7.92 percent in the fourth quarter (Q4) of the last fiscal year 2074/75.
According to the unaudited financial report published by the finance company today, its net profit has decreased to Rs 12.21 crore in last quarter from Rs 13.26 crore in the corresponding quarter of the last fiscal year 2073/74. The operating profit decreased to Rs 19.19 crore from Rs 29.74 crore as compared to the corresponding quarter of last fiscal year.
Srijana Finance’s net interest income has fallen to Rs 25.12 crore in the fourth quarter as compared to Rs 25.44 crore in the corresponding quarter. Its paid up capital and reserves remains at Rs 40.06 crore and Rs 20.08 crore respectively.
The finance company also amassed huge amount of deposits in the Q4 of the last fiscal year. Deposits collection reached Rs 5.40 arba in Q4 from Rs 3.36 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs 3.85 arba in Q4 whereas in the same period last year, the figure stood at Rs 2.71 arba.
Its non-performing loan has increased to 1.25 percent in Q4 from 0.66 percent in the previous year’s report.
Annualized Earnings per share (EPS) of SFFIL stands at Rs 30.49 and Net Worth per share is at Rs 150.12.
Major Highlights:
|
Particulars (In Rs '000) |
SFFIL |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
400,680 |
400,680 |
0.00% |
|
Reserve & Surplus |
200,819 |
79,965 |
151.13% |
|
Deposits |
5,409,337 |
3,368,244 |
60.60% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
3,859,806 |
2,717,745 |
42.02% |
|
Net Interest Income |
251,294 |
254,421 |
-1.23% |
|
Provision for possible losses |
26,136 |
11,093 |
135.61% |
|
Operating Profit |
191,997 |
297,411 |
-35.44% |
|
Net Profit |
122,180 |
132,689 |
-7.92% |
|
NPL (%) |
1.25 |
0.66 |
89.39% |
|
Annualized EPS (In Rs.) |
30.49 |
33.12 |
-7.92% |
|
Net Worth per Share (In Rs.) |
150.12 |
119.96 |
25.14% |
|
P/E Ratio (In times) |
7.67 |
- |
- |
.png)
