Kalika Laghubitta reports impressive 86.14% growth in net profit in Q3; Earning per shares stand at Rs 47.67
Fri, Apr 22, 2022 11:48 AM on Company Analysis, Latest,
Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) reported an outstanding 86.14% percent rise in net profit in the third quarter ended Chaitra 2078. The company's net profit rises to Rs 11.18 crore.
In the year-ago period (Q3FY77/78), it had posted a net profit of Rs. 6 crores. Sequentially, the Net interest income (NII) of the company rose by 4.97 percent in Q3FY78/79 to Rs 21.95 crore from Rs 20.91 crore the same period last year on the back of improvement in credit offtake.
Operating Profit, a measure of profitability, has a difference of high percentage viz 1046.5% as a result of the incline in the operating profit by Rs. 8.35 Crore as compared to last quarter operating profit of Rs. 72 lakhs.
The Company ables to write back Rs 9.40 crore till third quarter.
The earning per share (annualized) is Rs 47.67 and quarter-end EPS stands at 27.48 times whereas net worth per share stands at Rs 167.73.
Financial Highlights:
| Particulars (In Rs '000) | KMCDB | ||
|---|---|---|---|
| Q3 2078/79 | Q3 2077/78 | Difference | |
| Paid Up Capital | 312,875.00 | 252,330.00 | 23.99% |
| Reserve & Surplus | 211,924.00 | 177,788.00 | 19.20% |
| Borrowings | 1,855,211.00 | 1,416,771.00 | 30.95% |
| Deposits | 1,427,606.00 | 1,345,128.00 | 0.00% |
| Loans & Advances | 3,904,481.00 | 2,994,656.00 | 30.38% |
| Net Interest Income | 219,546.00 | 209,144.00 | 4.97% |
| Staff Expenses | 101,952.00 | 71,029.00 | 43.54% |
| Provision for possible losses | 61,146.00 | 131,475.00 | - |
| Operating Profit | 83,504.00 | 7,283.00 | 1046.56% |
| Write Back | 94,058.00 | 88,109.00 | - |
| Net Profit | 111,864.00 | 60,097.00 | 86.14% |
| Capital Adequacy (%) | 12.66 | 12.57 | 0.72% |
| NPL (%) | 3.72 | 4.17 | - |
| Cost of Fund (%) | 8.68 | 5.03 | 72.56% |
| Annualized EPS (In Rs.) | 47.67 | 31.76 | 50.09% |
| Net Worth per Share (In Rs.) | 167.73 | 170.46 | -1.60% |
| Qtr end PE Ratio (times) | 27.48 | - | - |
| Qtr End Market Price | 1310 | - | - |
