Swabhimaan Laghubitta Reports Decline In Net Profit By 16.14%; EPS Stands At Rs. 36.24 For Q3 Of FY-78/79
Fri, Apr 29, 2022 3:12 PM on Latest, Financial Analysis, Stock Market,
Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) published the third-quarter report of FY 2078/2079 with a decline in net profit by 16.14%. As per the report published by the company, the net profit decreased to Rs. 3.3 crore as compared to Rs. 3.9 crore in the corresponding quarter of the previous year.
The deposits of microfinance increased by 33.39% to Rs 62.6 crore. Likewise, loans and advances have also increased by 43.43% to Rs. 1.99 Arba in this quarter.
The net interest income (core revenue) has increased by 20.34% to Rs. 8.5 crore compared to Rs. 7.1 crore in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 12.1 crore in this quarter and its reserve and surplus stood at Rs. 6.4 crore which is an increase of 27.85% in this quarter.
Its annualized earnings per share (EPS) stand at Rs. 36.34. The net worth per share is Rs. 144.05. The company traded at a P/E multiple of 45.96 times.
Major Financial Highlights
| Particulars (In Rs '000") | Swabhimaan Laghubitta Bittiya Sanstha Ltd | ||
|---|---|---|---|
| Q3 2078/79 | Q3 2077/78 | Difference | |
| Paid-up Capital | 121,782 | 92,050 | 32.30% |
| Share Premium | 0 | 0 | |
| Reserves and Surplus | 64,713 | 50,618 | 27.85% |
| Deposits | 626,671 | 469,790 | 33.39% |
| Loans & Advances | 1,994,310 | 1,390,414 | 43.43% |
| Net Interest Income | 85,488 | 71,040 | 20.34% |
| Other Operating Income | 31,459 | 26,490 | 18.76% |
| Operating Profit | 37,897 | 53,511 | -29.18% |
| Profit/(Loss) for the Year | 33,189 | 39,579 | -16.14% |
| Capital Adequacy Ratio (CAR) | 8.86 | 9.44 | -6.14% |
| NPL | 0.68 | 1.25 | -45.60% |
| CCD (as per NRB Directives) | 318.24 | 295.97 | 86.84% |
| Cost of Fund (%) | 9.48 | 5.81 | 31.67% |
| Annualized EPS (In Rs.) | 36.34 | 20.21 | 79.81% |
| Net Worth per Share (In Rs.) | 144.05 | ||
| Qtr End PE Ratio (times) | 45.96 | - | |
| Qtr End Market Price | 1670 | - | |
