With Growth in Business Volume Vijaya Laghubitta Reported Impressive Growth in Core Business Revenue in Q4
Tue, Aug 10, 2021 6:24 AM on Company Analysis, Latest,
Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) published the fourth-quarter report of FY 2077/2078 with a 103.72% increment in Net Profit. As per the report published by the company, the net profit increased to Rs. 11.84 crores as compared to Rs. 5.81 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 6.80% to Rs. 2.90 arba which was Rs. 2.71 arba in the corresponding quarter of the previous year. The company’s loans and advances have increased by 23.82% to 4.31 arba in this quarter.
The net interest income (core revenue) has increased by 74.25% to Rs. 38.01 crores compared to Rs. 21.81 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 26.65 crores in this quarter and its reserve and surplus stood at Rs. 17.33 crores which is an increase of 62.59% in this quarter.
Its earnings per share (EPS) stand at Rs. 44.43. The net worth per share is Rs. 165.04. The company traded at a PE multiple of 44.43 times.
Major Highlights:
|
Particulars |
Vijaya Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q4, 2077/2078 |
Q4, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
266,597.49 |
224,031.50 |
19.00% |
|
Reserve & Surplus |
173,382.20 |
106,640.14 |
62.59% |
|
Borrowings |
2,902,378.90 |
2,717,618.97 |
6.80% |
|
Deposits |
993,908.97 |
794,677.07 |
25.07% |
|
Loans & Advances |
4,317,915.59 |
3,487,165.35 |
23.82% |
|
Net Interest Income |
380,117.92 |
218,147.66 |
74.25% |
|
Provision for possible Losses |
102,364.94 |
38,240.49 |
- |
|
Write Back of Provision |
29,177.40 |
2,650.55 |
- |
|
Net Profit |
118,459.86 |
58,147.05 |
103.72% |
|
Capital Adequacy (%) |
10.09% |
9.43% |
- |
|
NPL (%) |
4.66% |
3.24% |
- |
|
Cost of fund (%) |
6.48% |
10.60% |
- |
|
EPS (Rs.) |
44.43 |
25.95 |
- |
|
Net worth per share (Rs.) |
165.04 |
147.60 |
- |
|
Qtr end PE ratio (Times) |
40.94 |
- |
- |
|
Qtr End Market Price |
1819 |
- |
- |
