Chhimek Laghubitta Posts Rs. 1 Arba in Net Profit | EPS at Rs 33.62 [Q4 Report]

August 14, 2024 | Investopaper

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL), one of the leading microfinance of Nepal, has published the fourth-quarter report of 2080/81. The unaudited report shows a fall 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. 100 crores in the fiscal year 2080/81. The profit has decreased by 5.83 percent as compared to the previous year. In the fiscal year 2079/80, the net profit of the microfinance stood at Rs. 106.19 crores.

The decline in profit is due to the decrease in the net interest income by 1.14 percent to Rs. 282.09 crores.

As of Ashad’s end 2081 BS, Chhimek Laghubitta has the paid-up capital of Rs 297.71 crores with Rs 444.03 crores in reserve and surplus. At this capital, CBBL has an Earnings Per Share (EPS) of Rs 33.62 and per share net-worth of Rs 249.15.

The microfinance has floated the total loans of Rs 34.9 Arba.

Major Financial Indicators of Chhimek Laghubitta, FY 2080/81

Paid up capital: Rs 297.71 crores

Reserve and Surplus: Rs 444.03 crores

Borrowings: Rs 4.3 Arba

Deposits: Rs 33.72 Arba

Loans & Advances: Rs 34.9 Arba

Net Interest Income: Rs 282.09 crores

Operating Profit: Rs 140.17 crores

Net Profit: Rs 100 crores

Non Performing Loans (NPL): 3 percent

Base Rate: 12.43 percent

Earnings Per Share: Rs 33.62

Networth Per Share: Rs 249.15

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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 2080/81

Financial Indicators	F.Y. 2080/81	F.Y. 2079/80	Percent Change
Paid up capital (Rs.’crores’)	297.71	283.54	5.00
Reserve and Surplus (Rs.’crores’)	444.03	391.13	13.52
Borrowings (Rs.’Arba’)	4.3	4.55	-5.49
Deposits (Rs.’Arba’)	33.72	30.71	9.80
Loans & Advances (Rs.’Arba’)	34.9	32.24	8.25
Net Interest Income (Rs.’crores’)	282.09	285.34	-1.14
Operating Profit (Rs.’crores’)	140.17	154.18	-9.09
Net Profit (Rs.’crores’)	100	106.19	-5.83
Non Performing Loans, NPL (%)	3	1.72	74.42
Base Rate (%)	12.43	12.27	1.30
Earnings Per Share, EPS (Rs.)	33.62
Networth Per Share ( Rs.)	249.15
Market Price Per Share (Rs.) [Ashad end, 2081 BS]	900
P/E Ratio	26.77

Source: Unaudited Q4 Report, FY 2080/81

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.

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