Swarojgar Laghubitta (SLBBL) Proposes 25% Dividend for FY 2077/78

Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has proposed a 25% dividend for the fiscal year 2077/78.

The 223rd meeting of the board of directors held on Bhadra 22 has proposed the entirety of the dividend in bonus shares. The paid-up capital of the company is Rs. 41,12,79,297.

The company has received tax exemption on the bonus shares because it recently (2077/06/25) commenced the joint transaction by acquiring Janakpur Laghubitta.

As of writing, SLBBL has an LTP of Rs. 1,505. The company reported a massive increment in Net Profit in Q4 of last fiscal year, i.e. 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. 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.