Kalika Laghubitta Reports 134.03% Surge in Net Profit in Q4 FY 2080/2081; EPS Reached to Rs. 16.95
Fri, Aug 9, 2024 8:09 AM on Financial Analysis, Company Analysis, Latest,
In its recently disclosed fourth-quarter report for the fiscal year 2080/2081, Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has shown outstanding financial growth, reporting a significant 134.03% increase in net profit. The net profit rose to Rs. 2.69 crores, compared to Rs. 6.31 crores in the same quarter of the previous year.
KMCDB experienced a slight 0.54% rise in core revenue (net interest income), which reached Rs. 25.5 crores. Meanwhile, deposits saw a minor decline of 1.01%, amounting to Rs. 1.35 Arba, while loans and advances increased by 5.19%, reaching Rs. 3.90 Arba during this quarter.
One of the highlights of the quarter was a reversal in impairment charges amounting to Rs. 2.78 crores, which contributed positively to the net profit.
KMCDB's financial standing reflected a paid-up capital of Rs. 37.23 crores, reserves and surplus at Rs. 20.40 crores, and retained earnings of Rs. 6.65 crores.
The annualized earnings per share (EPS) stood at Rs. 16.95, with a net worth per share of Rs. 172.70. During this period, KMCDB traded at a P/E multiple of 75.79 times.
Major Financial Highlights:
* Figures are of Immediate Previous Year Quarter Ending
| Particulars (In Rs '000) | Kalika Laghubitta | ||
|---|---|---|---|
| Q4 2080/81 | Q4 2079/80 | Difference | |
| Paid Up Capital | 372,321.74 | 372,321.74* | 0.00% |
| Share Premium | 0.00 | 0.00 | - |
| Retained Earnings | 66,587.24 | 33,084.27* | 101.27% |
| Reserves | 204,079.92 | 173,541.63* | 17.60% |
| Deposits | 1,355,134.15 | 1,368,929.43* | -1.01% |
| Loans & Advances to Customers | 3,903,245.02 | 3,710,536.47* | 5.19% |
| Borrowings | 2,139,901.08 | 1,914,654.32* | 11.76% |
| Net Interest Income | 255,009.44 | 253,635.34 | 0.54% |
| Personnel Expenses | 177,763.78 | 177,715.41 | 0.03% |
| Impairment Charges | -27,857.03 | 32,464.22 | - |
| Operating Profit | 94,501.60 | 34,490.66 | 173.99% |
| Net Profit | 63,125.75 | 26,973.63 | 134.03% |
| Distributable Profit | 34,498.41 | 0.00 | - |
| Capital Adequacy (%) | 13.07 | 12.66 | 3.24% |
| NPL (%) | 3.79 | 5.84 | -35.10% |
| Cost of Fund (%) | 8.85 | 11.11 | -20.34% |
| EPS (In Rs.) | 16.95 | 7.24 | 134.03% |
| Net Worth per Share (In Rs.) | 172.70 | 155.50 | 11.06% |
| Qtr end PE Ratio (times) | 75.79 | - | - |
| Qtr End Market Price | 1285 | - | - |
