Swabhimaan Microfinance’s lacklustre quarterly performance, Net worth stands at Rs 94 with negative reserve
Thu, Aug 2, 2018 2:20 AM on Financial Analysis, Latest, Stock Market,
Swabhiman Microfinance Bittiya Sanstha Limited (SMBSL) has reported decline in net profit by 91.31%. Its net profit was Rs 29.33 lakh in the corresponding quarter of the previous fiscal year while it has declined to Rs 2.55 lakh in the last quarter of the current fiscal year.
As per the unaudited financial report published today, the microfinance’s net interest income has increased to Rs 1.38 crore in the current quarter from deficit Rs 1.41 lakh in the corresponding quarter. Its paid up capital is Rs 4.20 crore with Rs negative reserve of Rs 26.77 lakh.
The company has borrowings of Rs 35.07 crore in the last quarter. Likewise, it has extended loans of Rs 42.75 crore in Q4 while the figure stood to Rs 5.16 crore for the corresponding quarter.
Its NPL has increased to 0.05% from 0.02% of the corresponding quarter.
Its EPS stands at Rs 0.61 and Net worth per share stands at Rs 94.
Major Highlights:
|
Particulars (In Rs '000) |
SMBSL |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
42,000 |
14,000 |
200.00% |
|
Reserve & Surplus |
(2,677) |
(2,933) |
|
|
Deposits |
118,322 |
4,698 |
2418.56% |
|
Borrowings |
350,750 |
75,000 |
367.67% |
|
Loans & Advances |
427,573 |
51,630 |
728.15% |
|
Net Interest Income |
13,883 |
(141) |
|
|
Provision for possible losses |
3,916 |
522 |
650.19% |
|
Operating Profit |
210 |
2,933 |
-92.84% |
|
Net Profit |
255.00 |
2,933.00 |
-91.31% |
|
NPL (%) |
0.05 |
0.02 |
150.00% |
|
Annualized EPS (In Rs.) |
0.61 |
20.95 |
-97.10% |
|
Net Worth per Share (In Rs.) |
94 |
|
- |
