Aarambha Chautari Laghubitta Reports Decline in Net Profit by 55.04%; EPS at Rs. 7.24 & Net Worth Per Share at Rs. 130.66
Wed, Nov 9, 2022 1:45 PM on Latest, Financial Analysis, Stock Market,
Aarambha Chautari Laghubitta Bittiya Sanstha Limited (ACLBSL) published the first-quarter report of FY 2079/2080 with a decline in Net Profit. As per the report published by the company, the net profit declined to Rs. 66.41 Lakhs as compared to Rs. 1.47 crores in the corresponding quarter of the previous year. This is a decline of 55.04%.
The borrowings of the company decreased by slightly 0.64% to Rs. 3.18 Arba which was Rs. 3.20 Arba in the corresponding quarter of the previous year. The deposits of the company increased by 18.04% to Rs 1.64 Arba. The company’s loans and advances have increased by 6.64% to 5.19 Arba in this quarter.
The net interest income (core revenue) has decreased by 26.34% to Rs. 6.78 crores compared to Rs. 9.20 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 36.71 crores in this quarter and its reserve and surplus stood at Rs. 11.25 cores which is a decrease of 36.80% in this quarter.
Its annualized earnings per share (EPS) stand at Rs. 7.24. The net worth per share is Rs. 130.66 The company traded at a P/E multiple of 98.41 times.
Major Highlights:
| Particulars (In Rs '000) | Aarambha Chautari Laghubitta Bittiya Sanstha | ||
|---|---|---|---|
| Q1 2079/80 | Q1 2078/79 | Difference | |
| Paid Up Capital | 367,143 | 286,763 | 28.03% |
| Reserve & Surplus | 112,573 | 178,123 | -36.80% |
| Deposits | 1,649,392 | 1,397,279 | 18.04% |
| Borrowings | 3,185,067 | 3,205,540 | -0.64% |
| Loans & Advances | 5,196,526 | 4,873,066 | 6.64% |
| Net Interest Income | 67,830 | 92,085 | -26.34% |
| Provision for possible losses | 9,187 | 21,570 | -57.41% |
| Operating Profit | 6,232 | 18,281 | -65.91% |
| Net Profit | 6,641 | 14,772 | -55.04% |
| Capital Adequacy (%) | 9.19 | 9.00 | 2.11% |
| NPL (%) | 4.95 | 4.62 | 7.14% |
| Annualized EPS (In Rs.) | 7.24 | 20.61 | -64.89% |
| Net Worth per Share (In Rs.) | 130.66 | 162.11 | -19.40% |
| PE Ratio (times) | 98.41 | - | - |
| Qtr End Market Price | 712 | ||
