With An Increase In Core Business Revenue Of National Microfinance, Net Profit Grew More Than 80% In Q2
Mon, Jan 31, 2022 9:11 AM on Company Analysis, Latest,
National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) published the second-quarter report of FY 2078/2079 with an increment in Net Profit by 83.43%. As per the report published by the company, the net profit increased to Rs. 24.61 crores as compared to Rs. 13.41 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 57.63% to Rs. 6.43 Arba which was Rs. 4.08 Arba in the corresponding quarter of the previous year. At the same time, deposits increased by 54.52% to Rs 2.84 arba.
The company’s loans and advances have also increased by 60.28% to 10.22 Arba till this quarter.
The net interest income (core revenue) has increased by 72.21% to Rs. 44.40 crores compared to Rs. 25.78 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 58.66 crores till this quarter and its reserve and surplus stood at Rs. 59.41 crores which is an increment of 72.06% in this quarter.
Its annualized earnings per share (EPS) stand at Rs. 83.9. The net worth per share is Rs. 201.28. The company traded at a P/E multiple of 32.24 times.
Major Highlights:
|
Particulars |
National Microfinance Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q2, 2078/2079 |
Q2, 2077/2078 |
Difference |
|
|
Paid-Up Capital |
586,675.00 |
264,045.00 |
122.19% |
|
Reserve & Surplus |
594,183.00 |
345,329.00 |
72.06% |
|
Borrowings |
6,434,979.00 |
4,082,292.00 |
57.63% |
|
Deposits |
2,848,911.00 |
1,843,710.00 |
54.52% |
|
Loans & Advances |
10,229,452.00 |
6,382,076.00 |
60.28% |
|
Net Interest Income |
444,065.00 |
257,862.00 |
72.21% |
|
Provision for losses |
4,145.00 |
25,679.00 |
- |
|
Net Profit |
246,103.00 |
134,164.00 |
83.43% |
|
Capital Adequacy (%) |
12.47% |
10.25% |
- |
|
NPL (%) |
2.95% |
2.23% |
- |
|
Cost of fund (%) |
7.39% |
6.44% |
- |
|
EPS (Rs.) |
83.90 |
101.62 |
- |
|
Net worth per share (Rs.) |
201.28 |
230.78 |
- |
|
Qtr end PE ratio (Times) |
32.24 |
- |
- |
|
Qtr End Market Price |
2705 |
- |
- |
