Swarojgaar Laghubitta reports masisve increment in Net Profit in Q4; Find out why
Fri, Jul 30, 2021 7:46 AM on Latest, Company Analysis,
Swarojgaar Laghubitta Bittiya Sanstha (SLBBL) has published its fourth quarterly report of FY 2077/2078 with a massive increment in Net Profit by 169.64%. The company's net profit increased to Rs. 15.43 crores as compared to Rs. 5.72 crores in the corresponding quarter of the previous year.
The profit percentage growth in this quarter is higher because the provision that was created last year was higher than this year. This decline in provision led to boosted profit.
The borrowing of the company has increased to Rs. 2.37 Arba. The company has floated loans of Rs. 5.56 Arba in the fourth quarter of the fiscal year 2077/2078.
The net interest income of the company has increased by 33.93% compared to the corresponding quarter of the previous year and stood at Rs. 34.02 crores in Q4, 2077/2078.
Swarojgaar Laghubitta's paid-up capital stood at Rs. 41.12 crores with a reserve and surplus of Rs. 20.73 crores in the fourth quarter of the fiscal year 2077/2078.
Its earnings per share (EPS) stood at Rs. 37.52 and net worth per share stood at Rs. 150.42. The company’s non-performing loan stood at 2.63%. The company traded at a PE multiple of 39.98 times during the report preparation.
Major Highlights:
|
Particulars |
Swarojgaar Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q4, 2077/2078 |
Q4, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
411,279.30 |
386,954.30 |
6.29% |
|
Reserve & Surplus |
207,353.45 |
109,834.59 |
88.79% |
|
Borrowings |
2,374,280.84 |
1,407,402.31 |
68.70% |
|
Deposits |
2,574,679.20 |
1,738,796.08 |
48.07% |
|
Loans & Advances |
5,567,445.70 |
3,172,467.89 |
75.49% |
|
Net Interest Income |
340,222.51 |
254,031.04 |
33.93% |
|
Provision for possible Losses |
96,906.40 |
136,259.51 |
- |
|
Write Back of Provision |
90,349.80 |
66,245.66 |
- |
|
Net Profit |
154,321.24 |
57,233.32 |
169.64% |
|
Capital Adequacy (%) |
10.63% |
13.23% |
- |
|
NPL (%) |
2.63% |
1.83% |
- |
|
Cost of fund (%) |
7.72% |
10.44% |
- |
|
EPS (Rs.) |
37.52 |
14.79 |
- |
|
Net worth per share (Rs.) |
150.42 |
128.38 |
- |
|
Qtr end PE ratio (Times) |
39.98 |
- |
- |
|
Qtr End Market Price |
1500 |
- |
- |
