Unnati Microfinance’s profit surges by 21.30% in the fourth quarter; EPS & P/E ratio stands at Rs 37.37 and 49.23 times respectively

Thu, Aug 9, 2018 8:44 AM on Financial Analysis, Latest, Stock Market,
Unnati Mic...

Unnati Microfinance Bittiya Sanstha Limited (UMB) has reported increase in profit of 21.30% in the fourth quarter of the fiscal year 2074/75.

According to the unaudited financial report for the fourth quarter published today, the microfinance has stated that its net profit increased to Rs 2.05 crore in fourth quarter as compared to Rs 1.69 crore in the corresponding quarter of the last fiscal year 2073/74.

Its deposits have increased outstandingly by 117.46% to reach Rs 33.35 crore in the fourth quarter of the fiscal year 2074/75 from Rs 15.34 crore in the corresponding quarter of the previous fiscal year. It has floated loans of Rs 1.001 arba in the fourth quarter of fiscal year 2074/75.

The borrowing of the microfinance has increased from Rs 46.52 crore in the corresponding quarter of the previous year to Rs 85.24 crore in the fourth quarter of the fiscal year 2074/75.

Its net interest income has also increased to Rs 6.50 crore in the Q4 up from Rs 5.15 crore compared to the corresponding quarter of the last fiscal year. The microfinance company has an operating profit of Rs.3.15 crore in Q4 of the ongoing fiscal year.

Unnati Microfinance’s paid up capital stand at Rs 5.50 crore and reserve and surplus is Rs 3.51 crore in fourth quarter of FY 2074/75.

It’s annualized Earnings per Share (EPS) stands at Rs 37.37 and net worth per share stands is at Rs 163.96.

Major Highlights:

Particulars (In Rs '000)

UMB

Q4 2074/75

Q4 2073/74

Difference

Paid Up Capital

55,000

38,500

42.86%

Reserve & Surplus

35,179

14,809

137.56%

Deposits

333,580

153,400

117.46%

Borrowings

852,427

468,553

81.93%

Loans & Advances

1,001,838

577,859

73.37%

Net Interest Income

65,039

51,504

26.28%

Provision for possible losses

7,210

3,466

108.06%

Operating Profit

31,550

29,088

8.46%

Net Profit

20,556

16,947

21.30%

NPL

0.62

-

-

Annualized EPS (In Rs.)

37.37

44.02

-15.09%

Net Worth per Share (In Rs.)

163.96

138.46

18.41%

P/E Ratio (In times)

49.23

-

-