Swabalamban Laghubitta’s profit rises by 15.05% in the third quarter; Mithila Laghubitta earns Rs 78.48 lakh as net profit
Wed, May 9, 2018 2:49 AM on Financial Analysis, Latest, Stock Market,
Swabalamban Laghubitta Bittiya Sanstha (SWBBL) has posted decent growth in net profit by 15.05% to Rs 23.59 crore in the third quarter (Q3) of fiscal year 2074/75.
Publishing the unaudited financial report for the third quarter today, the microfinance institution has stated that its operating profit has also increase to Rs 36.89 crore in Q3 from Rs 32.22 crore in the corresponding quarter of the last fiscal year.
The micro finance institution’s borrowing remains to be Rs 3.63 arba and has collected Rs 5.35 arba in deposits.
Likewise, it has extended loans and advances of Rs 9.54 arba in Q3 of FY 2074/75 whereas in the same period last year the figure stood at Rs. 7.88 arba.
It has a paid up capital of Rs 50.31 crore and has Rs 81.55 crore in reserve and surplus. It had distributed 20% bonus shares from the profit of FY 2073/74.
Its non- performing loan (NPL) increased to 1.02 % in Q3 from 0.72 % in the third quarter of the last fiscal year.
Its earning per share (EPS) has decreased to Rs 62.53 in Q3 from Rs 65.27 previous year. Its net worth per share stands at Rs 262.09 and P/E ratio at 18.19 times.
Major Highlights:
|
Particulars (In Rs '000) |
SWBBL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
503,111 |
418,963 |
20.08% |
|
Reserve & Surplus |
815,516 |
676,154 |
20.61% |
|
Deposits |
5,351,247 |
3,879,698 |
37.93% |
|
Borrowings |
3,630,947 |
3,635,132 |
-0.12% |
|
Loans & Advances |
9,549,945 |
7,885,604 |
21.11% |
|
Net Interest Income |
625,497 |
716,733 |
-12.73% |
|
Provision for possible losses |
52,298 |
33,439 |
56.40% |
|
Operating Profit |
368,983 |
322,276 |
14.49% |
|
Net Profit |
235,957 |
205,085 |
15.05% |
|
NPL (%) |
1.02 |
0.72 |
41.67% |
|
Annualized EPS (In Rs.) |
62.53 |
65.27 |
-4.19% |
|
Net Worth per Share (In Rs.) |
262.09 |
261.39 |
0.27% |
|
P/E Ratio (In times) |
18.79 |
- |
- |
Mithila Laghubitta Bikas Bank (MLBBL) has posted increase in its net profit by 15.67% in the third quarter of the current fiscal year.
As per the unaudited financial report published today, the microfinance company has stated that its net profit has increased to Rs 78.48 lakh in Q3 of the FY 2074/75 from Rs 67.85 lakh of the corresponding quarter.
Its provision for possible losses has also increased by 12.60% to Rs 60.88 lakh.
It has total deposit of Rs 15.80 crore and has floated loans of Rs 54.32 crore.
It has a paid up capital of Rs 6.59 crore and Rs 1.49 crore in the reserve. The microfinance has declared 15% bonus shares from the net profit of FY 2073/74 and 50% right shares. After the adjustment of bonus shares and right shares, the paid up capital of the company will reach to Rs 9.89 crore.
Its NPL stands at 3.79% which is an increment from previous year’s 3.14%.
Its annualized EPS stands at Rs 15.86 and Net worth per share is Rs 122.63.
Major Highlights:
|
Particulars (In Rs '000) |
MLBBL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
65,978 |
57,372 |
15.00% |
|
Reserve & Surplus |
14,929 |
14,472 |
3.16% |
|
Deposits |
158,055 |
101,579 |
55.60% |
|
Borrowings |
327,605 |
246,976 |
32.65% |
|
Loans & Advances |
543,244 |
420,091 |
29.32% |
|
Net Interest Income |
32,686 |
31,426 |
4.01% |
|
Provision for possible losses |
6,088 |
5,406 |
12.60% |
|
Operating Profit |
11,831 |
10,418 |
13.56% |
|
Net Profit |
7,848 |
6,785 |
15.67% |
|
NPL (%) |
3.79 |
3.14 |
20.70% |
|
Annualized EPS (In Rs.) |
15.86 |
15.77 |
0.58% |
|
Net Worth per Share (In Rs.) |
122.63 |
125.22 |
-2.07% |
|
P/E Ratio (In times) |
39.36 |
- |
- |
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