Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has stated net profit rise of 15.76 percent for the fourth quarter of the last fiscal year 2073/74.
In the unaudited financial report for the fourth quarter published today, the microfinance has reported that its net profit has increased to Rs 2.86 crore in Q4 of last fiscal year 2073/74 from Rs 2.47 crore as compared to the corresponding quarter of the last FY 2072/73.
SLBBL’s earning per Share (EPS) has slightly declined to Rs 40.92 in Q4 from Rs 46.09 in the corresponding quarter. As, SLBBL had recently distributed 30.4% bonus shares from the profit it had earned in the FY 2072/73 and also had issued 50% right shares to its shareholders.
The company net interest income has risen to Rs 9.22 crore in Q4 from Rs 6.36 crore in corresponding period of previous fiscal year.
The micro finance has paid up capital of Rs 6.99 crore with reserve of Rs 4.62 crore in Q4.
The microfinance has borrowings of Rs 76.55 crore in Q4 as compared to Rs 28.93 crore in the corresponding quarter whereas its loan & advances has extended to Rs 1.28 arba from Rs 57.66 crore in corresponding previous quarter. It has collected deposits of Rs 47.46 crore.
SLBBL non-performing loan (NPL) stands at 0.22 percent. Its net worth per share stand at Rs 166.1 and P/E Ratio is at 42.89 times.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Growth (%) |
| Paid Up Capital |
69,999 |
53,680 |
30.40 |
| Reserve and Surplus |
46,267 |
37,033 |
24.94 |
| Deposits |
474,621 |
293,289 |
61.83 |
| Borrowings |
765,538 |
289,347 |
164.57 |
| Loans and Advances |
1,285,153 |
576,673 |
122.86 |
| Net Interest Income |
92,232 |
63,629 |
44.95 |
| Provision |
8,416 |
1,237 |
580.32 |
| Operating Profit |
45,009 |
38,882 |
15.76 |
| Net Profit |
28,642 |
24,743 |
15.76 |
| Capital Adequacy Ratio (%) |
9.55 |
15.68 |
(39.09) |
| NPL (%) |
0.22 |
0.26 |
(15.38) |
| Cost of Fund (%) |
10.97 |
8.13 |
34.93 |
| CD Ratio (as per NRB) )%) |
270.77 |
196.62 |
37.71 |
| EPS (Annualized) |
40.92 |
46.09 |
(11.23) |
| Net Worth Per Share |
166.10 |
168.99 |
(1.71) |
| P/E Ratio |
42.89 |
|
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