Swabalamban Laghubitta's EPS continues to fall; Net worth also decreases to Rs. 239.04 with rise in Operating Profit in Q2 of FY 2075/76

Fri, Feb 1, 2019 9:52 AM on Financial Analysis, Latest, Stock Market,

Swabalamban Laghubitta Bittiya Sanstha (SWBBL) has posted decent growth in net profit by 5.43% to Rs 17.19 crore in the second quarter of fiscal year 2075/76 till the month of Poush.

Publishing the unaudited financial report for the second quarter today, the microfinance has stated that its operating profit has also increased by 5.73% to Rs 26.91 crore in Q2 from Rs 25.46 crore in the corresponding quarter of the last fiscal year.

The microfinance’s borrowing stands at Rs 4.02 arba and has collected Rs 6.58 arba in deposits.

Likewise, it has extended loans and advances of Rs 11.59 arba in Q2 of FY 2075/76 whereas in the same period last year the figure stood at Rs. 8.51 arba, which is the increment of 36.25%.

It has a paid-up capital of Rs 62.88 crore and has Rs. 87.44 crore in reserve and surplus.

Its non- performing loan (NPL) increased to 1.03 % in Q2 from 0.98 % in the corresponding quarter of the fiscal year 2074/75.

The earning per share (EPS) has decreased to Rs 54.68 in Q2 from Rs 64.83 in the previous year’s corresponding quarter. Its net worth per share stands at Rs 239.04 and P/E ratio at 15.45 times. Announcement

Major Highlights:

Particulars (In Rs '000)

Swabalamban Laghubitta Bittiya Sanstha Limited

Q2 2075/76

Q2 2074/75

Difference

Paid Up Capital

628,888

503,111

25.00%

Reserve & Surplus

874,408

742,640

17.74%

Deposits

6,582,333

4,991,176

31.88%

Borrowings

4,203,059

3,465,502

21.28%

Loans & Advances

11,598,213

8,512,472

36.25%

Net Interest Income

505,263

421,348

19.92%

Provision for possible losses

26,075

17,287

50.84%

Operating Profit

269,176

254,599

5.73%

Net Profit

171,944

163,086

5.43%

NPL (%)

1.03

0.98

5.10%

Annualized EPS (In Rs.)

54.68

64.83

-15.65%

Net Worth per Share (In Rs.)

239.04

247.61

-3.46%

P/E ratio

15.45