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Swadeshi Laghubitta’s net profit rises by 57.40% to reach Rs 3.77 crore in Q4; EPS, Net worth per share & PE Ratio at Rs 32.80, Rs 143.78 & 50.92 times respectively

Tue, Jul 31, 2018 8:33 AM on Financial Analysis, Latest, Stock Market,
-ShareSansar

Swadeshi Laghubitta Bittiya Sanstha Limited (SDESI) has reported profit growth of 57.40 percent in the last quarter (Q4) of the current fiscal year 2074/75.

According to the unaudited financial report for the fourth quarter published today, the microfinance has stated that its net profit surged to Rs 3.77 crore in fourth quarter as compared to Rs 2.39 crore in the corresponding quarter of the last fiscal year 2073/74.

The microfinance company’s borrowing has increased from Rs 1.02 arba in the corresponding quarter of the previous year to Rs 1.48 arba in the last quarter of the fiscal year 2074/2075.

Its net interest income has also increased to Rs 14.73 crore in the Q4 up from Rs 11.75 crore compared to the corresponding quarter of the last fiscal year.

Swadeshi Laghubitta has paid up capital of Rs 11.50 crore. Its reserve has increased by 76.53% to Rs 5.03 crore.

SDESI’s non-performing loan has decreased to 1.21% from 1.24% as stated by the fourth quarter financial report.

Its annualized Earning Per Share (EPS) stands at Rs 32.80, net worth per share at Rs.143.78 and P/E ratio at 50.92 times.

Major Highlights:

Particulars (In Rs '000)

SDESI

Q4 2074/75

Q4 2073/74

Difference

Paid Up Capital

115,000

100,000

15.00%

Reserve & Surplus

50,346

28,520

76.53%

Deposits

629,651

341,156

84.56%

Borrowings

1,482,957

1,022,507

45.03%

Loans & Advances

2,186,207

1,393,367

56.90%

Net Interest Income

147,307

117,530

25.34%

Provision for possible losses

13,205

16,160

-18.29%

Operating Profit

59,272

37,657

57.40%

Net Profit

37,719

23,963

57.40%

NPL (%)

1.21

1.24

-2.42%

Annualized EPS (In Rs.)

32.80

23.96

36.87%

Net Worth per Share (In Rs.)

143.78

128.52

11.87%

P/E Ratio (In times)

50.92

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