Tinau Development Bank reports decrease in profit by 30.95%; Net profit stands at Rs Rs 5.38 crore
Wed, Apr 18, 2018 4:06 AM on Financial Analysis, Latest, Stock Market,
Tinau Development Bank (TNBL) has registered a net profit decline of 30.95 percent in the third quarter (Q3) of the fiscal year 2074/75.
As per the unaudited report for the third quarter published today, the bank’s net profit has fallen to Rs 5.38 crore in the third quarter of fiscal year 2074/75, which was Rs 7.80 crore reported in the same quarter of the fiscal year 2073/74.
The bank has collected Rs 4.48 arba in deposits and disbursed Rs 3.79 arba in loans in Q3 as compared to Rs 3.67 arba in deposits and Rs 3.21 arba in loans in the corresponding quarter last year. Its Non performing loan has increased to 0.37% from corresponding quarter’s 0.3%.
The company has Rs 50.69 crore as the paid up capital with Rs 12.97 crore in its reserve.
The annualized EPS of the development bank stands at Rs 14.17 and the Net worth of the company stands at Rs 125.60. It has the PE ratio of 14.82 times.
Highlights:
|
Particulars (In Rs '000) |
TNBL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
506,935 |
396,668 |
27.80% |
|
Reserve & Surplus |
129,768 |
118,544 |
9.47% |
|
Deposits |
4,483,585 |
3,672,435 |
22.09% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
3,799,394 |
3,215,758 |
18.15% |
|
Net Interest Income |
120,150 |
150,510 |
-20.17% |
|
Provision for possible losses |
15,729 |
11,476 |
37.05% |
|
Operating Profit |
71,551 |
118,764 |
-39.75% |
|
Net Profit |
53,892 |
78,047 |
-30.95% |
|
NPL (%) |
0.37 |
0.3 |
23.33% |
|
Annualized EPS (In Rs.) |
14.17 |
26.23 |
-45.97% |
|
Net Worth per Share (In Rs.) |
125.60 |
129.88 |
-3.30% |
|
P/E Ratio (In times) |
14.82 |
- |
- |
