Stagnant Core Revenue And Increased Cost Hits The Bottom Line Of NMB Laghubitta In Q3
Thu, May 5, 2022 10:46 AM on Company Analysis, Latest,
NMB Laghubitta Bittiya Sanstha Limited (NMBMF) published its third-quarter report for FY 2078/2079 with a decline in Net Profit by 16.75%. As per the report published by the company, the net profit declined to Rs. 10.53 crores as compared to Rs. 12.65 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 11.03% (compared to the immediate previous year ending) to Rs. 3.14 Arba which was Rs. 2.83 Arba the previous year. The company’s loans and advances have also increased by 12.12% (compared to the immediate previous year ending) to 5.88 Arba.
The net interest income (core revenue) has remained stagnant at Rs. 33.70 crores.
The paid-up capital of the company increased to Rs. 65.58 crores in this quarter and its reserve and surplus stood at Rs. 34.52 crores.
The company’s annualized earnings per share stood at Rs. 21.43 whereas the net worth per share stood at Rs. 152.64. The company traded at 40.37 times its earnings.
Major Highlights:
|
Particulars |
NMB Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q3, 2078/2079 |
Q3, 2077/2078 |
Difference |
|
|
Paid-Up Capital |
655,863.00 |
539,805.00 |
21.50% |
|
Reserve & Surplus |
345,229.00 |
293,337.00 |
17.69% |
|
Deposits |
2,005,677.00 |
1,788,451.00 |
12.15% |
|
Borrowings |
3,142,420.00 |
2,830,319.00 |
11.03% |
|
Loans and Advances |
5,887,485.00 |
5,250,949.00 |
12.12% |
|
Net Interest Income |
337,085.00 |
339,917.00 |
-0.83% |
|
Provision for possible losses |
17,711.00 |
60,495.00 |
- |
|
Operating Profit |
167,538.00 |
200,305.00 |
-16.36% |
|
Write Back of provision for possible losses |
0.00 |
0.00 |
- |
|
Net Profit |
105,392.00 |
126,597.00 |
-16.75% |
|
Capital Adequacy Ratio |
16.45% |
15.93% |
- |
|
NPL (%) |
4.06% |
3.47% |
- |
|
Cost of Fund (%) |
7.74% |
6.22% |
- |
|
Annualized EPS (In Rs.) |
21.43 |
31.27 |
-31.48% |
|
Net Worth per share (In Rs.) |
152.64 |
154.34 |
-1.10% |
|
Price to Earnings Ratio (times) |
40.37 |
- |
- |
