Support Microfinance reports 203% rise in net profit for Q3 of FY 2075/76; EPS stands at Rs 4.6 with PE ratio of 128.24 times
Fri, May 10, 2019 12:21 PM on Financial Analysis, Latest,
Support Microfinance Bittiya Sanstha Limited has published its unaudited financial report for Q3 of the FY 2075/76 with Rs 20.70 lakhs as net profit in the quarter. The microfinance had net loss of Rs 19.95 lakhs in the corresponding quarter of the previous year.
It has collected Rs 11.8 crore as deposits and has Rs 39.6 crore as borrowings and floated loans of Rs 54.1 crore.
The paid up capital of the company is Rs 6 crore and it has reserve of Rs 55.24 lakhs.
Its annualized EPS is Rs 4.6; net worth per share is Rs 109.21 whereas its PE stands at massive 128.24 times.
Major Highlights:
| Particulars (In Rs '000) | Support Microfinance Bittiya Sanstha | ||
|---|---|---|---|
| Q3 2075/76 | Q3 2074/75 | Difference | |
| Paid Up Capital | 60,000 | 60,000 | - |
| Reserve & Surplus | 5,524 | (994) | 655.61% |
| Deposits | 118,542 | 56,849 | 108.52% |
| Borrowings | 396,480 | 306,028 | 29.56% |
| Loans & Advances | 541,719 | 391,362 | 38.42% |
| Net Interest Income | 21,891 | 16,721 | 30.92% |
| Provision for possible losses | 3,097 | 7,092 | -56.32% |
| Operating Profit | 3,253 | (1,995) | 263.05% |
| Net Profit | 2,070 | (1,995) | 203.76% |
| Capital Adequacy (%) | 11.74 | 15.75 | -25.46% |
| NPL (%) | 2.86 | 2.39 | 19.67% |
| Annualized EPS (In Rs.) | 4.6 | ||
| Net Worth per Share (In Rs.) | 109.21 | ||
| PE Ratio (times) | 128.24 | ||
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