Swabalamban Laghubitta publish impressive Q4 result; earns Rs 42.25 crore with EPS of Rs 67.19

Mon, Aug 5, 2019 6:12 AM on Financial Analysis, Latest, Stock Market,
Swabalamba...

Swabalamban Laghubitta Bittiya Sanstha (SWBBL) has posted satisfactory growth in net profit by 23.17% in the fourth quarter of fiscal year 2075/76.

Publishing the unaudited financial report for the fourth quarter today, the microfinance has stated that its net profit rises to Rs 42.25 crore from Rs 34.30 crore in last corresponding quarter.

Its operating profit has also increased by 23.08% to Rs 66.29 crore in Q4 from Rs 53.86 crore in the corresponding quarter of the last fiscal year.

The microfinance’s borrowing stands at Rs 5.80 arba and has collected Rs 7.49 arba in deposits.

Likewise, it has extended loans and advances of Rs 14.40 arba till Q4 whereas in the same period last year the figure stood at Rs 10.15 arba, which is an increment of 41.88%.

It has a paid-up capital of Rs 62.88 crore and has Rs 1.12 arba in reserve and surplus.

Its non- performing loan (NPL) decreased to 0.77% in Q4 from 1.02% in the corresponding quarter of the fiscal year 2074/75.

The earning per share (EPS) is Rs 67.19. Its net worth per share stands at Rs 278.89 and quarter end P/E ratio stands at 13.02 times.

Major Highlights:

Particulars (In Rs '000)

Swabalamban Laghubitta

Q4 2075/76

Q4 2074/75

Difference

Paid Up Capital

628,888.00

628,888.00

0.00%

Reserve & Surplus

1,125,004.00

702,471.00

60.15%

Borrowings

5,803,337.00

3,845,494.00

50.91%

Deposits

7,490,475.00

5,761,384.00

30.01%

Loans & Advances

14,400,760.00

10,150,292.00

41.88%

Net Interest Income

1,065,661.00

865,250.00

23.16%

Staff Expenses

539,447.00

374,309.00

44.12%

Provision for possible losses

49,235.00

51,519.00

-

Operating Profit

662,936.00

538,628.00

23.08%

Net Profit

422,546.00

343,050.00

23.17%

Capital Adequacy (%)

10.80

10.86

-0.55%

NPL (%)

0.77

1.02

-24.51%

Cost of Fund (%)

9.44

8.78

7.52%

EPS (In Rs.)

67.19

54.55

23.17%

Net Worth per Share (In Rs.)

278.89

211.70

31.74%

PE Ratio (times)

13.02

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