Swadeshi Laghubitta earns Rs 4.81 crore till Q3; with 93% growth; EPS stands at Rs 27.93
Fri, Apr 19, 2019 8:25 AM on Financial Analysis, Latest, Stock Market,
Swadeshi Laghubitta Bittiya Sanstha Limited (SDESI) has reported massive profit growth of 92.34 percent in the third quarter (Q3) of the current fiscal year 2075/76.
According to the unaudited financial report for the third quarter published today, the microfinance has stated that its net profit surged to Rs 4.81 crore in second quarter as compared to Rs 2.50 crore in the corresponding quarter of the last fiscal year 2074/75.
The microfinance company’s borrowing has increased from Rs 1.46 arba in the corresponding quarter of the previous year to Rs 2.12 arba in the third quarter of the fiscal year 2075/2076.
Its net interest income has also increased to Rs 16.18 crore in the Q3 up from Rs 10.55 crore compared to the corresponding quarter of the last fiscal year.
Swadeshi Laghubitta has paid up capital of Rs 23 crore. Its reserve has increased to Rs 15.96 crore.
SDESI’s non-performing loan has increased to 1.99% from 1.55% as stated by the third quarter financial report.
Its annualized Earning Per Share (EPS) stands at Rs 27.93, net worth per share at Rs 169.40 and P/E ratio at 19.33 times.
Major Highlights:
|
Particulars (In Rs '000) |
Swadeshi Laghubitta |
||
|---|---|---|---|
|
Q3 2075/76 |
Q3 2074/75 |
Difference |
|
|
Paid Up Capital |
230,000.00 |
115,000.00 |
100.00% |
|
Reserve & Surplus |
159,617.69 |
37,645.13 |
324.01% |
|
Deposits |
912,995.15 |
552,178.79 |
65.34% |
|
Borrowings |
2,121,383.01 |
1,462,727.71 |
45.03% |
|
Loans & Advances |
3,049,003.50 |
2,009,518.35 |
51.73% |
|
Net Interest Income |
161,867.79 |
105,551.71 |
53.35% |
|
Provision for possible losses |
28,650.82 |
13,009.26 |
- |
|
Operating Profit |
76,266.53 |
39,356.46 |
93.78% |
|
Net Profit |
48,171.61 |
25,045.02 |
92.34% |
|
Capital Adequacy (%) |
11.85 |
10.62 |
11.58% |
|
NPL (%) |
1.99 |
1.51 |
31.79% |
|
Annualized EPS (In Rs.) |
27.93 |
29.04 |
-3.83% |
|
Net Worth per Share (In Rs.) |
169.40 |
132.73 |
27.62% |
|
PE Ratio (times) |
19.33 |
- |
- |
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