Suryodaya Laghubitta earns Rs 3.61 crore with 87% growth in Q4; EPS and PE stands at Rs 33.51 and 23.66 times
Thu, Aug 1, 2019 6:37 AM on Financial Analysis, Latest, Stock Market,
Suryodaya Laghubitta Bittiya Sanstha Limited (SLBS) net profit surges by 87 percent in the fourth quarter (Q4) of the last fiscal year 2075/76.
Publishing the unaudited financial report for the fourth quarter today, the microfinance company stated that its net profit has increased to Rs 3.61 crore in the Q4 of fiscal year 2075/76, from Rs 1.93 crore in the corresponding period.
Its net interest income has also increased from Rs 6.38 crore in corresponding quarter to Rs 10.58 crore. Its paid up capital remains at Rs 10.79 crore with reserve of Rs 7.95 crore in Q4.
The company has borrowings of Rs 86.26 crore till the fourth quarter, up from Rs 47.91 crore in the corresponding quarter. Likewise, it has extended loans and advances of Rs 1.56 arba till Q4 whereas in the same period last year the figure stood at Rs 87.08 crore.
Its non-performing loan (NPL) has decreased to 0.92% in Q4 from 1.14% in the previous year.
Its earning per share (EPS) stands at Rs 33.51, net worth per share at Rs 173.75 and the P/E ratio at 23.66 times.
Major Highlights:
|
Particulars (In Rs '000) |
Suryodaya Laghubitta |
||
|---|---|---|---|
|
Q4 2075/76 |
Q4 2074/75 |
Difference |
|
|
Paid Up Capital |
107,919.00 |
75,600.00 |
42.75% |
|
Reserve & Surplus |
79,595.41 |
83,195.28 |
-4.33% |
|
Borrowings |
862,672.28 |
479,103.73 |
80.06% |
|
Deposits |
613,978.17 |
399,036.96 |
53.86% |
|
Loans & Advances |
1,568,059.02 |
870,875.15 |
80.06% |
|
Net Interest Income |
105,804.55 |
63,820.81 |
65.78% |
|
Staff Expenses |
64,531.08 |
39,760.43 |
62.30% |
|
Provision for possible losses |
18,762.41 |
12,562.74 |
- |
|
Operating Profit |
48,316.93 |
30,387.18 |
59.00% |
|
Net Profit |
36,161.10 |
19,337.30 |
87.00% |
|
Capital Adequacy (%) |
12.39 |
16.29 |
-23.94% |
|
NPL (%) |
0.92 |
1.14 |
-19.30% |
|
Cost of Fund (%) |
9.22 |
10.29 |
-10.40% |
|
EPS (In Rs.) |
33.51 |
25.58 |
31.00% |
|
Net Worth per Share (In Rs.) |
173.75 |
210.05 |
-17.28% |
|
PE Ratio (times) |
23.66 |
- |
- |
