Unique Nepal Laghubitta Reports Net Loss of Rs. 22.75 Lakh for Q1; Net Worth Per Share at Rs. 336.45 & NPL at 5.70%
Thu, Nov 10, 2022 12:01 PM on Latest, Financial Analysis, Stock Market,
Unique Nepal Laghubitta Bittiya Sanstha Limited has published the unaudited financial report for the end of the first quarter of FY 2079/80.
During this quarter, the microfinance company has reported a net loss of Rs.22.75 Lakh. The company was operating in profit in the relevant quarter of the previous year by accumulating Rs. 3.23 crores as its net profit.
The net interest income of the company stood at Rs.5.89 Crore, which has declined by 16.69%.
The borrowings of the company stand at Rs.87.01 Crore. In the review period, the company collected deposits worth Rs.2.42 Arba and lent loans and advances worth Rs.3.99 Arba. The non-performing loans of the company stood at 5.70% by the end of the first quarter.
The paid-up capital currently stands at Rs.11.06 Crore with Rs 26.15 Crore in the reserves of the company. At this capital, the annualized EPS stands at Rs. -8.23, and the net worth per share at Rs 336.45.
Major Financial Highlights:
| Particulars (In Rs '000) | Unique Nepal Laghubitta | ||
|---|---|---|---|
| Q1 2079/80 | Q1 2078/79 | Difference | |
| Paid Up Capital | 110,632.50 | 96,820.00 | 14.27% |
| Reserve & Surplus | 261,595.99 | 218,123.33 | 19.93% |
| Borrowings | 870,111.62 | 577,972.10 | 50.55% |
| Deposits | 2,428,127.40 | 2,159,595.71 | 12.43% |
| Loans & Advances | 3,992,821.22 | 3,367,593.26 | 18.57% |
| Net Interest Income | 58,938.03 | 70,742.66 | -16.69% |
| Staff Expenses | 24,697.84 | 23,130.20 | 6.78% |
| Provision for possible losses | 67,419.59 | 68,736.08 | -1.92% |
| Operating Profit | -22,748.86 | 1,102.62 | |
| Write Back | 19,629.92 | 48,812.89 | - |
| Net Profit | -2,275.48 | 32,369.53 | |
| Capital Adequacy (%) | 9.74 | 9.68 | 0.62% |
| NPL (%) | 5.70 | 6.36 | - |
| Cost of Fund (%) | 8.49 | 7.77 | 9.27% |
| EPS (In Rs.) | -8.23 | 133.73 | -106.15% |
| Net Worth per Share (In Rs.) | 336.45 | 325.29 | 3.43% |
| Qtr end PE Ratio (times) | -100.89 | - | - |
| Qtr End Market Price | 830 | - | - |
