Swabalamban Laghubitta earns Rs 30.27 crore in Q3; Capital Adequacy Ratio near to NRB minimum requirements
Sun, May 10, 2020 6:59 AM on Financial Analysis, Latest, Stock Market,
Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) has reported profit growth of 6.05% to Rs 30.27 crore in the third quarter of the fiscal year 2076/77. The management stated that due to COVID-19 outbreak the company is unable to achieve satisfied growth.
The borrowing of the microfinance has increased by 19.90% from Rs 5.11 arba in the corresponding quarter of the previous year to Rs 6.12 arba till the third quarter of the current fiscal year. Likewise, deposits have increased by 29.17% to Rs 9.05 arba and its loans increased by 19.69% to Rs 15.72 arba.
The net interest income has increased by 5.70% to Rs 81.28 Crore in the third quarter of fiscal year 2076/2077 from Rs 76.90 Crore compared to the corresponding quarter of the last fiscal year. The microfinance company has an operating profit of Rs 48.05 crore which increased by 7.36% and has provisioned Rs 8.71 crore for possible losses.
Swabalamban Laghubitta’s paid-up capital stands at Rs 79.23 Crore till the third quarter of FY 76/77. Its reserve & surplus rises to Rs 1.31 arba.
It’s annualized earnings per share (EPS) stands at Rs 50.95. The net worth per share stands at Rs 266.08 and the quarter-end P/E ratio at 22.99 times.
The company capital adequacy ratio is at 8.76% which is close to NRB minimum requirement.
Major Highlights:
|
Particulars (In Rs '000) |
Swabalamban Laghubitta |
||
|---|---|---|---|
|
Q3 2076/77 |
Q3 2075/76 |
Difference |
|
|
Paid Up Capital |
792,399.00 |
628,888.00 |
26.00% |
|
Reserve & Surplus |
1,316,003.00 |
987,974.00 |
33.20% |
|
Borrowings |
6,129,379.00 |
5,112,057.00 |
19.90% |
|
Deposits |
9,051,586.00 |
7,007,656.00 |
29.17% |
|
Loans & Advances |
15,720,831.00 |
13,134,945.00 |
19.69% |
|
Net Interest Income |
812,893.00 |
769,024.00 |
5.70% |
|
Staff Expenses |
411,128.00 |
408,239.00 |
0.71% |
|
Provision for possible losses |
87,128.00 |
44,587.00 |
- |
|
Operating Profit |
480,533.00 |
447,594.00 |
7.36% |
|
Net Profit |
302,772.00 |
285,510.00 |
6.05% |
|
Capital Adequacy (%) |
8.76 |
10.78 |
-18.74% |
|
NPL (%) |
1.70 |
0.92 |
- |
|
Cost of Fund (%) |
9.47 |
9.28 |
2.05% |
|
EPS (In Rs.) |
50.95 |
60.53 |
-15.84% |
|
Net Worth per Share (In Rs.) |
266.08 |
257.10 |
3.49% |
|
Qtr end PE Ratio (times) |
22.99 |
- |
- |
|
Qtr End Market Price |
1171 |
- |
- |
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