Womi Microfinance EPS & Net Profit in Q2 hikes to Rs 47.56 and Rs 1.84 crore; Swadeshi Laghubitta net profit surges to Rs 1.36 crore after write back of Rs 2.16 crore

Fri, Jan 26, 2018 8:20 AM on Latest, Financial Analysis, Featured, Stock Market,
Womi Microfinance Bittiya Sanstha Limited (WOMI) has posted outstanding hike in net profit by 84.37 percent in the second quarter (Q2) of the current fiscal year 2074/75. Publishing the unaudited financial report for the second quarter today, the microfinance company stated that its net profit hikes to Rs 1.84 crore in the Q2 of current fiscal year 2074/75, up from Rs 1.01 crore in the corresponding period of the previous fiscal year 2073/74. Its paid up capital remains at Rs 7.77 crore (included proposed 20% bonus shares from the net profit of FY 2073/74 to know the real EPS) with reserve of Rs 4.4 crore in Q2. The company has borrowings of Rs 57.07 crore in the second quarter, up from Rs 26.31 crore in the corresponding quarter. Likewise, it has extended loans and advances of Rs 1.03 arba in Q2 whereas in the same period last year the figure stood at Rs 50.40 crore. Its non-performing loan (NPL) has decreased to 0.84 % in Q2 from 1.75% in the previous year report. Its annualized earning per share (EPS) stands at Rs 47.56, net worth per share at Rs 157.12 and the P/E ratio at 26.28 times. Major Highlights:
Particulars (In Rs '000) WOMI
Q2 2074/75 Q2 2073/74 Difference
Paid Up Capital                77,760          54,000 44.00%
Reserve & Surplus                44,418          27,917 59.11%
Deposits              352,028        184,373 90.93%
Borrowings              570,703        263,153 116.87%
Loans & Advances           1,033,771        504,043 105.10%
Net Interest Income                37,049          28,659 29.28%
Provision for possible losses                  2,986             3,308 -9.73%
Operating Profit                29,059          14,042 106.94%
Net Profit                18,492          10,030 84.37%
NPL (%) 0.84 1.75 -52.00%
 Annualized EPS (In Rs.)                  47.56            37.15 28.03%
Net Worth per Share (In Rs.)                157.12          151.70 21.04%
P/E Ratio (In times) 26.28 - -
Q2 report of WOMI: Swadeshi Laghubitta Bittiya Sanstha Limited (SDESI) has posted tiny rise in net profit by 0.43 percent in the second quarter (Q2) of the current fiscal year 2074/75. Publishing the unaudited financial report for the second quarter today, the microfinance company stated that its net profit rise to Rs 1.36 crore in the Q2 of current fiscal year 2074/75, up from Rs 1.35crore in the corresponding period of the previous fiscal year 2073/74. Its paid up capital remains at Rs 11.50 crore (including 15% bonus shares from the net profit of FY 2073/74) with reserve of Rs 2.63 crore in Q2. The company has borrowings of Rs 1.48 crore in the second quarter, up from Rs 1.06 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 1.76 arba in Q2 whereas in the same period last year the figure stood at Rs 1.05 arba. Its non-performing loan (NPL) has increased to 1.78% in Q2 from 0.92% in the previous year report. Its annualized earning per share (EPS) stands at Rs 23.72, net worth per share at Rs 122.82 and the P/E ratio at 14.46 times. Major Highlights:
Particulars (In Rs '000) SDESI
Q2 2074/75 Q2 2073/74 Difference
Paid Up Capital              115,000          70,000 64.29%
Reserve & Surplus                26,310          18,137 45.06%
Deposits              480,928        213,377 125.39%
Borrowings           1,482,005     1,064,446 39.23%
Loans & Advances           1,767,829     1,052,140 68.02%
Net Interest Income                68,085          58,747 15.90%
Provision for possible losses                32,410          15,692 106.54%
Operating Profit                    (206)          12,457 -101.65%
Net Profit                13,638          10,030 35.97%
NPL (%) 1.78 0.92 93.48%
 Annualized EPS (In Rs.)                  23.72            28.66 -17.23%
Net Worth per Share (In Rs.)                122.88          125.91 21.04%
P/E Ratio (In times) 14.46 - -
Q2 report of SDESI: