Nesdo Sambridha Laghubitta Q1 Highlights: Net Profit Increased By 11.30%, Net Worth Per Share at Impressive Rs 347.35
Wed, Nov 9, 2022 11:22 AM on Latest, Financial Analysis, Stock Market,
Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) published the first-quarter report of FY 2079/2080 with a rise in net profit by 11.30%. As per the report published by the company, the net profit increased to Rs. 5.64 Crore as compared to Rs. 5.07 crore in the corresponding quarter of the previous year.
The borrowings of the company increased by 14.99% to Rs. 40.83 Crores which was Rs. 35.5 Crores in the corresponding quarter of the previous year. The deposits of the company increased by 10.91% to Rs 2.55 Arba. The company’s loans and advances have also increased by 19.16% to 4.70 Arba in this quarter.
The net interest income (core revenue) has increased by 10.53% to Rs. 9.98 crore compared to Rs. 9.02 crore in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 25.5 crores in this quarter and its reserve and surplus stood at Rs. 63.70 crores.
The company NPL decreased to 4.41% from 7.32%.
Its earnings per share (EPS) stand at Rs. 88.57. The net worth per share is Rs. 347.35. The company traded at a P/E multiple of 31.61 times.
Major Financial Highlights:
| Particulars (In Rs '000) | NESDO Sambridha Laghubitta | ||
|---|---|---|---|
| Q1 2079/80 | Q1 2078/79 | Difference | |
| Paid Up Capital | 255,000.00 | 172,125.00 | 48.15% |
| Reserve & Surplus | 630,745.51 | 481,116.98 | 31.10% |
| Borrowings | 408,333.33 | 355,106.01 | 14.99% |
| Deposits | 2,552,514.74 | 2,301,443.98 | 10.91% |
| Loans & Advances | 4,705,670.64 | 3,948,891.65 | 19.16% |
| Net Interest Income | 99,800.46 | 90,289.20 | 10.53% |
| Staff Expenses | 24,842.57 | 24,933.86 | -0.37% |
| Operating Profit | 89,622.72 | 80,520.68 | 11.30% |
| Net Profit | 56,462.32 | 50,728.02 | 11.30% |
| Capital Adequacy (%) | 18.38 | 14.25 | 28.98% |
| NPL (%) | 4.41 | 7.32 | -39.75% |
| Cost of Fund (%) | 13.96 | 9.42 | 48.20% |
| EPS (In Rs.) | 88.57 | 117.89 | -24.87% |
| Net Worth per Share (In Rs.) | 347.35 | 379.52 | -8.48% |
| Qtr end PE Ratio (times) | 31.61 | - | |
| Qtr End Market Price | 2800 | - | |
