With The Growth In Top Line Shangrila Development Bank Report Improvement In Overall Profitability In Q2
Thu, Jan 20, 2022 7:59 AM on Company Analysis, Latest,
 
                        Shangrila Development Bank Limited (SADBL) has reported impressive growth of 68.16% in Operating Profit in the second quarter for the FY 2078-79 and has reached Rs 37.41 Crores from Rs. 34.69 crore in the corresponding year.
The Net Profit of the company increased to Rs. 26.18 crores which increased by 58.87% compared to the corresponding quarter of the previous year.
Deposit of the bank has increased to 45.92 Arab whereas Loan and Advances have increased to 40.46 Arab which is a growth of 9.88% and 22.44% respectively over the same quarter previous year.
Bank’s Paid-up Capital and Reserve and Surplus are 3.01 Arab and 93.25 crores.
Bank’s Capital Adequacy ratio is 12.80% and NPL stood at 1.15%.
Annualized EPS stood at Rs. 17.39. Similarly, Bank’s PE ratio is 23.98 times and Networth per share is 130.97.
| Particulars | Shangrila Development Bank Limited | ||
|---|---|---|---|
| Q2, 2078/2079 | Q2, 2077/2078 | Difference | |
| Paid-Up Capital | 3,010,669.66 | 2,736,972.42 | - | 
| Reserve & Surplus | 932,521.44 | 975,498.95 | -4.41% | 
| Deposit from Customers | 45,925,499.91 | 41,797,350.04 | 9.88% | 
| Loans & Advances | 40,460,570.75 | 33,044,748.46 | 22.44% | 
| Net Interest Income | 795,883.67 | 542,123.39 | 46.81% | 
| Impairment Charge/(Reversal) for loans | 34,900.71 | 138,358.35 | - | 
| Operating Profit | 374,128.72 | 222,479.93 | 68.16% | 
| Net Profit | 261,822.47 | 164,805.15 | 58.87% | 
| Capital Adequacy (%) | 12.80% | 11.98% | - | 
| NPL (%) | 1.15% | 2.43% | - | 
| Cost of fund (%) | 7.43% | 6.38% | - | 
| EPS (Rs.) | 17.39 | 12.04 | - | 
| Net worth per share (Rs.) | 130.97 | 135.64 | - | 
| Qtr end PE ratio (Times) | 23.98 | - | - | 
| Qtr End Market Price | 417 | - | - | 

 
                     
                            