WOMI Laghubitta publish strong Q4 financials with EPS of Rs 62.08; company issuing 100% right shares from Shrawan 9
Tue, Jul 23, 2019 7:52 AM on Company Analysis, Financial Analysis, Latest, Stock Market,
Womi Laghubitta Bittiya Sanstha Limited (WOMI) has reported an outstanding rise of 55.86% in net profit for the fourth quarter of the fiscal year 2075/76.
Publishing the unaudited financial report for the fourth quarter today, the micro-finance company has stated that its net profit rose to Rs 6.27 crore up from Rs 4.02 crore.
The micro-finance has borrowings of Rs 1.01 arba. Likewise, it extended loans of Rs 1.84 arba, up from 1.21 arba. It has collected deposits of Rs 61.93 crore in the fourth quarter of the fiscal year 2075/76.
It has paid up capital of Rs 10.10 crore with reserve of Rs 14.42 crore as on Q4. It has posted an operating profit of Rs 9.59 crore, up from Rs 6.06 crore in corresponding quarter.
The micro-finance’s non-performing loan (NPL) has declined from 0.65% in the corresponding quarter to 0.54% in the Q4.
Its Earning per Share (EPS) stands at Rs 62.08, net worth per share at Rs 242.66 and P/E ratio at 18.17 times.
*Womi Laghubitta Bittiya Sanstha Limited is in merger with Nagarik Laghubitta Sanstha Limited. Due to this stock trading in NEPSE of WOMI is in halt since Falgun 26, 2075. Nepal Rastra Bank (NRB) has already provided the Letter of Intent (LOI) to the merger between Womi Microfinance Bittiya Sanstha and Nagarik Laghubitta Bittiya Sanstha.
Major Highlights:
|
Particulars (In Rs '000) |
Womi Laghubitta |
||
|---|---|---|---|
|
Q4 2075/76 |
Q4 2074/75 |
Difference |
|
|
Paid Up Capital |
101,088.00 |
99,934.00 |
1.15% |
|
Reserve & Surplus |
144,209.00 |
41,130.00 |
250.62% |
|
Borrowings |
1,018,379.00 |
729,699.00 |
39.56% |
|
Deposits |
619,347.00 |
429,469.00 |
44.21% |
|
Loans & Advances |
1,846,172.00 |
1,216,650.00 |
51.74% |
|
Net Interest Income |
128,429.00 |
84,220.00 |
52.49% |
|
Staff Expenses |
55,279.00 |
39,967.00 |
38.31% |
|
Provision for possible losses |
7,080.00 |
7,488.00 |
- |
|
Operating Profit |
95,976.00 |
60,652.00 |
58.24% |
|
Net Profit |
62,757.00 |
40,265.00 |
55.86% |
|
Capital Adequacy (%) |
13.67 |
11.84 |
15.46% |
|
NPL (%) |
0.54 |
0.65 |
-16.92% |
|
Cost of Fund (%) |
10.81 |
10.83 |
-0.18% |
|
EPS (In Rs.) |
62.08 |
40.29 |
54.08% |
|
Net Worth per Share (In Rs.) |
242.66 |
141.16 |
71.91% |
|
PE Ratio (times)* |
18.17 |
- |
- |
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