Net Profit Of Civil Laghubitta Plunges By 50 Percent [Q1 Report]

November 7, 2022 | Investopaper

Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has published its first-quarterly report of the current fiscal year 2079/80. The unaudited report shows a 50 percent drop in its net profit as compared to last year’s corresponding quarter. The microfinance earned Rs 0.72 crores as net profit in the three months period. Last year, the company posted a net profit of Rs. 1.44 crores until the first quarter.

As of Ashwin’s end 2079 BS, Civil Laghubitta has a paid-up capital of Rs. 28.81 crores. Similarly, reserve & surplus is at Rs. 18.29 crores. The microfinance has floated loans and advances of  Rs. 4.02 Arba. The company has reported a net interest income of Rs. 5.65 crores in this period which is 8 percent more than previous year’s first quarter.

The nonperforming loan stands at 2.6 percent. Annualized EPS and networth per share are at Rs. 10.11 and Rs. 151.27.

Civil Laghubitta (CLBSL): Q1 Report Summary, FY 2079/80

Financial Indicators Q1, F.Y. 2079/80 Q4, F.Y. 2078/79 Percent Change
Paid-up capital (Rs. ‘crores’) 28.81 28.81 0.00
Reserve and Surplus (Rs. ‘crores’) 18.29 17.57 4.10
Borrowings (Rs. ‘Arba’) 2.55 2.51 1.59
Deposits (Rs. ‘Arba’) 1.02 0.97 5.15
Loans & Advances (Rs. ‘Arba’) 4.02 3.85 4.42

 

Financial Indicators Q1, F.Y. 2079/80 Q1, F.Y. 2078/79 Percent Change
Net Interest Income (Rs. ‘crores’) 5.65 5.21 8.45
Operating Profit (Rs. ‘crores’) 1.04 2.05 -49.27
Net Profit (Rs. ‘crores’) 0.72 1.44 -50.00
Distributable Profit (Rs. ‘crores’) 0.06
Non Performing Loans, NPL (%) 2.6 1.88 38.30
Base Rate (%) 16.16 15.08 7.16
Earnings Per Share, EPS (Rs.) 10.11
Networth Per Share ( Rs.) 151.27
Market Price Per Share (Rs.) [Ashwin end, 2079 BS] 754.60
P/E Ratio 74.64

Source: Unaudited Q1 Report, FY 2079/80


Note:

The above figures are based on the unaudited 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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