Chhimek Laghubitta’s Profit Surges By 87 Percent | EPS At Rs 66.43 [Q4 Report]

August 4, 2021 | Investopaper

Chhimek Laghubitta  Bittiya Sanstha Limited (CBBL), one of the leading microfinance of Nepal, has published the fourth-quarter report of 2077/78. The unaudited report shows a surge in profit as compared to the corresponding quarter of the previous year.

As per the report, Chhimek Laghubitta has posted a net profit of Rs. 121.56 crores in the fiscal year 2077/78. The profit has increased by 87 percent as compared to the previous year. In the fiscal year 2076/77, the net profit of the microfinance stood at Rs. 64.92 crores.

The rise in profit is due to the increase in the net interest income as well as huge writeback of provision. The company earned Rs 206.51 crores as net interest income, up from Rs 175.38 crores of the previous year. Likewise, it has collected Rs 57.13 crores as the writeback of provision.

As of Ashad’s end 2078 BS, Chhimek Laghubitta has the paid-up capital of Rs 183 crores with Rs 312.15 crores in reserve and surplus. At this capital, CBBL has an Earnings Per Share (EPS) of Rs 66.43 and per share net-worth of Rs 231.85.

The microfinance has floated the total loans of Rs 25.10 Arba.


Recommended:

Dividend History Of Chhimek Laghubitta (CBBL)

Chhimek Laghubitta Third Quarter Report


Major Financial Indicators of Chhimek Laghubitta, FY 2077/78

Paid up capital: Rs 183 crores

Reserve and Surplus: Rs 312.15 crores

Borrowings: Rs 6.21 Arba

Deposits: Rs 22.43 Arba

Loans & Advances: Rs 25.1 Arba

Net Interest Income: Rs 206.51 crores

Operating Profit: Rs 132.2 crores

Net Profit: Rs 121.56 crores

Non Performing Loans (NPL): 0.63 percent

Cost of Funds: 6.91 percent

Earnings Per Share: Rs 66.43

Networth Per Share: Rs 231.85


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Look into the table below to compare the performance of Chhimek Laghubitta in the last two fiscal years.

Chhimek Laghubitta (CBBL): Financial Highlights Of FY 2077/78

Financial Indicators Q4, FY 2077/78 Q4, 2076/77 Percent Change
Paid up capital (Rs.’crores’) 183 150 22.00
Reserve and Surplus (Rs.’crores’) 312.15 169.44 84.22
Borrowings (Rs.’Arba’) 6.21 4.07 52.58
Deposits (Rs.’Arba’) 22.43 18.66 20.20
Loans & Advances (Rs.’Arba’) 25.1 19.37 29.58
Net Interest Income (Rs.’crores’) 206.51 175.38 17.75
Operating Profit (Rs.’crores’) 132.2 87.07 51.83
Net Profit (Rs.’crores’) 121.56 64.92 87.25
Non Performing Loans, NPL (%) 0.63 0.45 40.00
Cost of Funds (%) 6.91 9.71 -28.84
Earnings Per Share, EPS (Rs.) 66.43
Networth Per Share ( Rs.) 231.85
Market Price Per Share (Rs.) [Ashad end, 2078 BS] 1,884
P/E Ratio 28.36

Note:

The above figures are based on the un-audited quarterly report published by the respective company. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.

Note: If you want to see the reports of other companies, Click Here.

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