Unnati Microfinance reports EPS of Rs 54.66 for Q3 of FY 2075/76; Net profit stands at Rs 3.16 crore rising by 75%

Thu, May 9, 2019 1:15 PM on Financial Analysis, Latest, Stock Market,

Unnati Microfinance Bittiya Sanstha Limited (UMB) has reported an increase in net profit of 75.08% in the third quarter of the fiscal year 2075/76.

According to the unaudited financial report for the third quarter published today, the microfinance has stated that its net profit increased to Rs 3.16 crore in the third quarter as compared to Rs 1.80 crore in the corresponding quarter of the first fiscal year 2074/75.

Its deposits have increased to reach Rs 50.29 crore in the third quarter of the fiscal year 2075/76 from Rs 28.21 crore in the corresponding quarter of the previous fiscal year. It has floated loans of Rs 1.37 arba in the third quarter of fiscal year 2075/76.

The borrowing of the microfinance has increased from Rs 72 crore in the corresponding quarter of the previous year to Rs 1.07 arba in the third quarter of the fiscal year 2075/76.

Its net interest income has also increased to Rs 5.83 crore in the Q3 up from Rs 4.66 crore compared to the corresponding quarter of the last fiscal year.

Unnati Microfinance’s paid up capital stand at Rs 7.72 crore and reserve and surplus is Rs 3.97 crore in third quarter of FY 2075/76.

It’s Earnings per Share (EPS) stands at Rs 54.66 and net worth per share stands is at Rs 151.39.

Major Highlights:

Particulars (In Rs '000) UMB
Q3 2075/76 Q3 2074/75 Difference
Paid Up Capital 77,275 55,000 40.50%
Reserve & Surplus 39,710 32,901 20.70%
Deposits 502,975 282,132 78.28%
Borrowings 1,079,633 720,021 49.94%
Loans & Advances 1,377,561 880,679 56.42%
Net Interest Income 58,308 46,604 25.11%
Provision for possible losses 10,891 4,614 136.03%
Operating Profit 49,288 28,128 75.23%
Net Profit 31,679 18,094 75.08%
NPL (%) 1.03 0.36 186.11%
EPS (In Rs.) 54.66    
Net Worth per Share (In Rs.) 151.39    
P/E Ratio (In times) 20.51