CBBL Unveils Q4 Report With Overall Improvement Across Financial Indicators; Distributable Profit per Share at Whopping Rs. 51.14
Mon, Aug 14, 2023 7:50 AM on Financial Analysis, Latest,
Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has published its fourth-quarter report for the recently concluded financial year 2079-80, with a steady increase in its Net Profits by 12.11 percent, totaling Rs. 1.06 Arba as of the period.
While the deposits from customers have increased by 13.68 percent; the loan disbursement has suffered a marginal decline of 3.24 percent. Deposits accumulated and Loans disbursed amount to Rs. 30.71 Arba and Rs. Rs. 32 Arba, respectively, until Q4 of FY 2079-80.
The Net Interest Income has also experienced a steady increase of 14.32 percent, totaling Rs. 2.85 Arba as of the end of the last quarter of FY 2079-80. Until the same period, the impairment allocation has increased significantly by 56.80 percent summing up to Rs. 34 crores.
The company has Rs. 1.45 Arba which is available for distribution amongst its shareholders along with distributable profit per share at Rs. 51.14 as of Ashad 31, 2080.
Despite a steady increase in its Net profits the Earnings per Share (EPS) of the company has declined to stand at Rs. 37.45, alongside a Net worth per Share of Rs. 238.27.
CBBL maintains Rs. 2.83 Arba in paid-up capital and Rs. 3.92 Arba in the form of Reserve and Surplus, putting the company in robust financial standing.
Major Financial Highlights:
| Particulars (In Rs '000) | Chhimek Laghubitta | ||
|---|---|---|---|
| Q4 2079/80 | Q4 2078/79 | Difference | |
| Paid Up Capital | 2,835,402.00 | 2,324,100.00 | 22.00% |
| Share Premium | 40,967.83 | 40,967.83 | 0.00% |
| Retained Earnings | 1,450,134.53 | 1,206,401.95 | 20.20% |
| Reserves | 2,429,402.54 | 2,242,138.43 | 8.35% |
| Deposits | 30,716,613.28 | 27,019,461.56 | 13.68% |
| Borrowings | 4,553,973.59 | 4,773,126.74 | -4.59% |
| Loans & Advances | 32,003,609.48 | 33,074,020.59 | -3.24% |
| Net Interest Income | 2,853,480.57 | 2,496,093.52 | 14.32% |
| Staff Expenses | 1,002,722.72 | 910,617.01 | 10.11% |
| Impairment Charges | 340,000.77 | 216,831.48 | 56.80% |
| Operating Profit | 1,541,851.69 | 1,458,623.55 | 5.71% |
| Net Profit/Loss | 1,061,926.23 | 947,222.07 | 12.11% |
| Distributable Profit | 1,450,134.54 | 1,206,401.95 | 20.20% |
| Distributable Profit per Share | 51.14 | 51.91 | -1.48% |
| Capital Adequacy (%) | 17.91 | 15.87 | 12.85% |
| NPL (%) | 1.72 | 0.83 | 107.23% |
| Cost of Fund (%) | 9.26 | 9.78 | -5.32% |
| Base Rate (%) | 12.27 | 13.37 | -8.23% |
| EPS (In Rs.) | 37.45 | 40.76 | -8.11% |
| Net Worth per Share (In Rs.) | 238.27 | 250.14 | -4.75% |
| Qtr end PE Ratio (times) | 22.00 | - | - |
| Qtr End Market Price | 824.1 | - | - |
