Womi Laghubitta's Profit falls sharply by 56.65% by Q4 due to high provision; EPS at Rs. 9.68 and PE ratio at 103.43 times
Fri, Aug 14, 2020 4:11 PM on Latest, Company Analysis,
Womi Laghubitta Bittiya Sanstha Limited has posted a net profit of Rs 2.68 crore and published its 4th quarter company analysis of the fiscal year 2076/77.
The profit of the company in Q4 2076/77 has decreased by 56.65% compared to Rs 6.2 crores in Q4 2075/76 due to high provision amount of Rs 6.63 crore.
The borrowings of the company have decreased by 4.37% to Rs 97.4 crores from Rs 1.01 Arba in Q4 2076/77. The microfinance company collected deposits of Rs 86.63 crores and has floated loans of Rs 2.28 Arba in the Q4 2076/77. Loan & advances of the company have increased by 25.61% compared to the corresponding quarter of last fiscal year.
The net interest income of the company has grown by 30.56% while the operating profit has sharply declined by 55.94% to Rs. 4.26 crores.
The Paid-Up capital and reserve of Womi Laghubitta Bittiya Sanstha Limited stand at Rs 27.78 crores and Rs 18.22 crores respectively. The EPS and net worth per share stood at Rs 9.68 and Rs 165.6 respectively in Q4 2076/77. Moreover, the P/E ratio according to the report is 103.43 times.
Major Highlights:
|
Particulars (In Rs '000) |
Womi Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q4 2076/77 |
Q4 2075/76 |
Difference |
|
|
Paid Up Capital |
277,848.00 |
126,360.00 |
119.89% |
|
Reserve & Surplus |
182,269.00 |
117,487.00 |
55.14% |
|
Deposits |
866,330.00 |
618,851.00 |
39.99% |
|
Borrowings |
974,037.00 |
1,018,582.00 |
-4.37% |
|
Loans & Advances |
2,286,344.00 |
1,820,242.00 |
25.61% |
|
Net Interest Income |
171,226.00 |
131,145.00 |
30.56% |
|
Staff Expenses |
70,126.00 |
54,605.00 |
28.42% |
|
Provision for possible losses |
66,381.00 |
7,080.00 |
|
|
Operating Profit |
42,683.00 |
96,882.00 |
-55.94% |
|
Net Profit |
26,890.00 |
62,023.00 |
-56.65% |
|
Capital Adequacy (%) |
18.65 |
11.63 |
60.36% |
|
NPL (%) |
1.50 |
0.54 |
|
|
Cost of Fund (%) |
10.32 |
10.65 |
-3.10% |
|
EPS (In Rs.) |
9.68 |
49.08 |
FALSE |
|
Net Worth per Share (In Rs.) |
165.60 |
192.98 |
-14.19% |
|
PE Ratio (times) |
103.43 |
- |
- |
|
Qtr End Price |
1,001.00 |
- |
- |
|
PB Ratio (times) |
6.0 |
- |
- |
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