Suryodaya Womi Laghubitta's Q4 Highlights: Net Profit decline by 13.02%; EPS at Rs 17.63 and NPL Rises to 3.46%
Mon, Aug 1, 2022 6:44 AM on Financial Analysis, Latest,
Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) published the fourth-quarter report of FY 2078/2079 with a decline in net profit by 13.02%. As per the report published by the company, the net profit decreased to Rs. 13.96 crores as compared to Rs. 16.05 crore in the corresponding quarter of the previous year.
The borrowings of the company increased by 167.97% to Rs. 5.70 Arba which was Rs. 2.12 Arba in the corresponding quarter of the previous year. The deposits of the company increased by 161.75% to Rs 14.27 arba. The company’s loans and advances have also increased by a satisfactory 136.18% to 10.73 Arba in this quarter.
The net interest income (core revenue) has increased by 45.67% to Rs. 46.76 crores compared to Rs. 32.10 crores in the corresponding quarter of the previous year.
The provision of possible losses stands at Rs 4.53 crores whereas at the same time company is able to write back Rs 3.36 crores.
The paid-up capital of the company stood at Rs. 79.19 crores in this quarter and its reserve and surplus stood at Rs. 55.87 crores.
The company NPL increased to 3.46% from 2.08%.
Its earnings per share (EPS) stand at Rs. 17.63. The net worth per share is Rs. 170.55. The company traded at a P/E multiple of 44.41 times.
Womi Laghubitta (WOMI) and Suryodaya Laghubitta (SLBS) Commencing Joint Operation From Chaitra 19
Major Highlights:
|
Suryodaya Womi Laghubitta | |||
|---|---|---|---|---|
| Q4 2078/79 | Q4 2077/78 | Difference | ||
| Paid Up Capital | 791,985 | 411,944 | 92.26% | |
| Reserve & Surplus | 558,774 | 294,843 | 89.52% | |
| Borrowings | 5,706,017 | 2,129,341 | 167.97% | |
| Deposits | 4,279,830 | 1,635,067 | 161.75% | |
| Loans & Advances | 10,738,440 | 4,546,700 | 136.18% | |
| Net Interest Income | 467,607 | 321,003 | 45.67% | |
| Staff Expenses | 256,088 | 107,234 | 138.81% | |
| Provision for possible losses | 45,334 | 16,773 | 170.29% | |
| Operating Profit | 187,987 | 223,966 | -16.06% | |
| Write Back | 33,659 | 30,858 | - | |
| Net Profit | 139,637 | 160,539 | -13.02% | |
| Capital Adequacy (%) | 11.36 | 14.65 | -22.46% | |
| NPL (%) | 3.46 | 2.08 | - | |
| Cost of Fund (%) | 10.37 | 7.05 | 47.09% | |
| EPS (In Rs.) | 17.63 | 38.97 | -54.76% | |
| Net Worth per Share (In Rs.) | 170.55 | 172 | -0.59% | |
| Qtr end PE Ratio (times) | 44.41 | - | - | |
| Qtr End Market Price | 783 | - | - | |
