Support Microfinance earns meager Rs 7.18 lakhs in Q2; PE stands at massive 268.61 times

Fri, Feb 8, 2019 7:20 AM on Financial Analysis, Latest, Stock Market,

Support Microfinance Bittiya Sanstha Limited has published its unaudited financial report for Q2 of the FY 2075/76 with the Rs 7.18 lakhs as net profit in the quarter. The microfinance had net profit of Rs 24.27 lakhs in the corresponding quarter of the previous year.

It has collected Rs 10.19 crore as deposits and has Rs 42.39 crore as borrowings and floated loans of Rs 47.43 crore.

The paid up capital of the company is Rs 6 crore and it has reserve of Rs 41.72 lakhs.

Its annualized EPS is Rs 2.39; net worth per share is Rs 106.95 whereas its PE stands at massive 268.61 times.

Click Here for Q2 Report:

Which microfinance is in which position? A comparative study!

Major Highlights:

Particulars (In Rs '000)

Support Microfinance Bittiya Sanstha

Q2 2075/76

Q2 2074/75

Difference

Paid Up Capital

60,000.00

60,000.00

0.00%

Reserve & Surplus

4,172.55

1,672.76

149.44%

Deposits

101,992.35

46,613.42

118.80%

Borrowings

423,920.03

296,989.39

42.74%

Loans & Advances

474,323.49

354,596.19

33.76%

Net Interest Income

13,723.17

10,553.16

30.04%

Provision for possible losses

3,166.78

4,198.49

-24.57%

Operating Profit

1,128.94

671.78

68.05%

Net Profit

718.42

427.50

68.05%

Capital Adequacy (%)

12.39

17.10

-27.54%

NPL (%)

3.53

1.53

130.72%

Annualized EPS (In Rs.)

2.39

1.43

68.05%

Net Worth per Share (In Rs.)

106.95

102.79

4.05%

PE Ratio (times)

268.61

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