Chhimek Laghubitta Reports 11 Percent Rise In Profit | EPS At Rs 47.85 [Q2 Report]
February 10, 2023 | Investopaper
Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has reported a rise in net profit until the second quarter of the current fiscal year 2079/80. The leading retail microfinance of Nepal has posted a profit of Rs. 55.60 crores, a rise of 11 percent from the corresponding period of the previous year.
As of Poush’s end 2079 BS, Chhimek Laghubitta has a paid-up capital of Rs. 2.32 Arba. At this capital, the company has an Annualized Earnings Per Share (EPS) of Rs. 47.85. With a strong reserve of Rs. 4.03 Arba, the net worth per share is Rs. 273.7.
The microfinance has floated Rs. 33.53 Arba as the loans until the second quarter of this fiscal year. With the increase in loans, the net interest income has inclined to Rs. 143.62 crores.
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Dividend History Of Chhimek Laghubitta (CBBL)
Chhimek Laghubitta’s Performance In FY 2078/79
The second-quarter report of Chhimek Laghubitta is also summarized in the table below:
Chhimek Laghubitta (CBBL): Q2 Report Summary, FY 2079/80
| Financial Indicators | Q2, F.Y. 2079/80 | Q4, F.Y. 2078/79 | Percent Change |
| Paid-up capital (Rs. ‘crores’) | 232.41 | 232.41 | 0.00 |
| Reserve and Surplus (Rs. ‘crores’) | 403.68 | 348.94 | 15.69 |
| Borrowings (Rs. ‘Arba’) | 4.64 | 4.77 | -2.73 |
| Deposits (Rs. ‘Arba’) | 29.56 | 27.01 | 9.44 |
| Loans & Advances (Rs. ‘Arba’) | 33.53 | 33.07 | 1.39 |
| Financial Indicators | Q2, F.Y. 2079/80 | Q2, F.Y. 2078/79 | Percent Change |
| Net Interest Income (Rs. ‘crores’) | 143.62 | 112.09 | 28.13 |
| Operating Profit (Rs. ‘crores’) | 79.98 | 71.19 | 12.35 |
| Net Profit (Rs. ‘crores’) | 55.6 | 49.84 | 11.56 |
| Distributable Profit (Rs. ‘crores’) | 43.37 | ||
| Non Performing Loans, NPL (%) | 0.94 | 1 | -6.00 |
| Base Rate (%) | 11.56 | 10.82 | 6.84 |
| Earnings Per Share, EPS (Rs.) | 47.85 | ||
| Networth Per Share ( Rs.) | 273.7 | ||
| Market Price Per Share (Rs.) [Poush end, 2079 BS] | 1231 | ||
| P/E Ratio | 25.73 |
Source: Unaudited Q2 Report, FY 2078/79
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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