Tourism Development Bank earns Rs 21.24 crore and EPS of Rs 12.25 in the Q3; Shangrila Development Bank garners Rs 25.06 crore net profit and EPS of Rs 14.19
Fri, Apr 27, 2018 12:28 AM on Financial Analysis, Latest, Stock Market,
Tourism Development Bank Limited (TDBL) posted a rise in net profit by 5.72 percent in third quarter of the fiscal year 2074/75.
According to the published unaudited report today, the development bank has increased its net profit from Rs 20.09 crore to Rs 21.24 crore.
The paid capital is at Rs 2.31 arba with Rs 44.22 core in its reserve.
The bank collected deposits of Rs 13.72 arba and floated loans of Rs 12.41 arba.
The development bank’s earning per share (EPS) has declined to Rs 12.25 while its net worth per share is at Rs 119.13.
The bank has already signed a MoU with Mega Bank Limited for the merger and is soon supposed to start joint transactions.
Major Highlights:
|
Particulars (In Rs '000) |
TDBL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
2,312,213 |
1,112,022 |
107.93% |
|
Reserve & Surplus |
442,299 |
541,611 |
-18.34% |
|
Deposits |
13,724,688 |
11,061,655 |
24.07% |
|
Borrowings |
340,000 |
199,400 |
70.51% |
|
Loans & Advances |
12,410,704 |
9,879,294 |
25.62% |
|
Net Interest Income |
505,307 |
389,632 |
29.69% |
|
Provision for possible losses |
98,666 |
38,162 |
158.55% |
|
Operating Profit |
302,664 |
296,704 |
2.01% |
|
Net Profit |
212,472 |
200,968 |
5.72% |
|
NPL (%) |
1.4 |
1.17 |
19.66% |
|
Annualized EPS (In Rs.) |
12.25 |
24.10 |
-49.15% |
|
Net Worth per Share (In Rs.) |
119.13 |
148.71 |
-19.89% |
Shangrila Development Bank Limited (SADBL) has earned Rs 25.06 crore in the third quarter of the current fiscal year 2074/75. The bank has posted profit growth of 2.36 percent in the third quarter. In the previous year corresponding quarter, the net profit figure was Rs 24.49 crore.
Publishing the unaudited financial report today, its net interest income rose to Rs 55.12 crore from Rs 51.99 crore in corresponding quarter of the previous fiscal year.
The development bank has collected deposits of Rs 14.75 arba in the Q3 up from Rs 11.78 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 14 arba in Q3 whereas in the same period last year the figure stood at Rs 10.81 arba.
SADBL’s Earning per Share (EPS) stand at Rs 14.19 and its net worth per share at Rs. 134.88.
Major Highlights:
|
Particulars (In Rs '000) |
SADBL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
2,355,055 |
1,073,456 |
119.39% |
|
Reserve & Surplus |
821,492 |
622,027 |
32.07% |
|
Deposits |
14,757,769 |
11,787,026 |
25.20% |
|
Borrowings |
2,000 |
- |
- |
|
Loans & Advances |
14,000,093 |
10,810,793 |
29.50% |
|
Net Interest Income |
551,291 |
519,916 |
6.03% |
|
Provision for possible losses |
54,852 |
34,842 |
57.43% |
|
Operating Profit |
393,819 |
380,444 |
3.52% |
|
Net Profit |
250,685 |
244,904 |
2.36% |
|
NPL (%) |
0.7 |
0.69 |
1.45% |
|
Annualized EPS (In Rs.) |
14.19 |
30.42 |
-53.34% |
|
Net Worth per Share (In Rs.) |
134.88 |
157.95 |
-14.60% |
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