Swabalamban Laghubitta's net profit rises by 42% in Q1 of 2076/77; Annualized EPS at Rs 77.62 with networth per share of Rs 316.43
Sun, Nov 10, 2019 10:25 AM on Financial Analysis, Latest, Stock Market,
Swabalamban Laghubitta Bittiya Sanstha (SWBBL) has posted a rise in net profit by 42.48% in the first quarter of fiscal year 2076/77.
Publishing the unaudited financial report for the first quarter today, the microfinance has stated that its net profit rises to Rs 12.20 crore from Rs 8.56 crore in the last corresponding quarter.
Its operating profit has also increased by 43.96% to Rs 19.37 crore in Q1 from Rs 13.45 crore in the corresponding quarter of the last fiscal year.
The microfinance’s borrowing stands at Rs 6.51 arba and has collected Rs 7.99 arba in deposits.
Likewise, it has extended loans and advances of Rs 15.04 arba till Q1 whereas in the same period last year the figure stood at Rs 10.89 arba, which is an increment of 38.17%.
It has a paid-up capital of Rs 62.88 crore and has Rs 1.36 arba in reserve and surplus.
Its non- performing loan (NPL) decreased to 0.91% in Q1 from 1.02% in the corresponding quarter of the fiscal year 2075/76.
The annualized earning per share (EPS) is Rs 77.62. Its net worth per share stands at Rs 316.43 and the quarter-end P/E ratio stands at 10.79 times.
Major Highlights:
| Particulars (In Rs '000) | Swabalamban Laghubitta | ||
|---|---|---|---|
| Q1 2076/77 | Q1 2075/76 | Difference | |
| Paid Up Capital | 628,888 | 503,111 | 25.00% |
| Reserve & Surplus | 1,361,127 | 1,008,272 | 35.00% |
| Borrowings | 6,517,470 | 4,167,511 | 56.39% |
| Deposits | 7,995,846 | 6,150,243 | 30.01% |
| Loans & Advances | 15,045,829 | 10,889,186 | 38.17% |
| Net Interest Income | 320,672 | 245,377 | 30.69% |
| Staff Expenses | 161,166 | 130,144 | 23.84% |
| Provision for possible losses | 20,543 | 12,851 | 59.86% |
| Operating Profit | 193,719 | 134,566 | 43.96% |
| Net Profit | 122,043 | 85,658 | 42.48% |
| Capital Adequacy (%) | 10.71 | 11.91 | -10.08% |
| NPL (%) | 0.91 | 1.02 | -10.78% |
| Cost of Fund (%) | 9.93 | 9.44 | 5.19% |
| Annualized EPS (In Rs.) | 77.62 | 68.1 | 13.98% |
| Net Worth per Share (In Rs.) | 316.43 | ||
| PE Ratio (times) | 11.79 | ||
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