Support Laghubitta reports massive increment in Net Profit in Q1; EPS at Rs. 27.77
Tue, Nov 10, 2020 3:34 PM on Latest, Company Analysis,
Support Laghubitta Bittiya Sanstha (SMB) has published its first-quarter report of FY 2077/2078 with an increase in in Net Profit. As per the report published by the company, the net profit increased to Rs. 45.82 Lakhs as compared to Rs. 13.65 lakhs in the corresponding quarter of the previous year.
The borrowings of the company increased by 36.54% to Rs. 77.47 crores which were Rs. 56.74 crores in the corresponding quarter of the previous year. The company’s loans and advances increased by 30.63% to Rs. 96.07 crores in this quarter.
The net interest income (core revenue) increased by 90.32% to Rs. 1.78 crores compared to Rs. 94.02 lakhs in the corresponding quarter of the previous year.
The paid-up capital of the company increased to Rs. 6.60 crores in this quarter and its reserve and surplus stood at Rs. 2.66 crores which is an increase of 99.39.
Its annualized earnings per share (EPS) stands at Rs. 27.77. The net worth per share increased to Rs. 140.38. The company traded at a P/E multiple of 28.95 times.
Financial Highlights:
|
Particulars |
Support Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q1, 2077/2078 |
Q1, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
66,000.00 |
60,000.00 |
10.00% |
|
Reserve & Surplus |
26,654.05 |
13,360.83 |
99.49% |
|
Deposits |
192,249.62 |
149,629.20 |
28.48% |
|
Borrowings |
774,748.87 |
567,420.65 |
36.54% |
|
Loans and Advances |
960,743.71 |
735,466.62 |
30.63% |
|
Net Interest Income |
17,895.09 |
9,402.73 |
90.32% |
|
Provision for possible losses |
3,111.20 |
1,269.45 |
145.08% |
|
Operating Profit |
7,273.92 |
2,146.23 |
238.92% |
|
Net Profit |
4,582.57 |
1,365.78 |
235.53% |
|
Capital Adequacy Ratio (%) |
9.33% |
9.65% |
- |
|
NPL (%) |
2.36% |
3.86% |
- |
|
Cost of Fund (%) |
7.43% |
11.22% |
- |
|
Annualized EPS (In Rs.) |
27.77 |
9.11 |
205.03% |
|
Net Worth per share (In Rs.) |
140.38 |
122.27 |
14.82% |
|
Price to earnings (times) |
28.95 |
- |
- |
