Himalayan Laghubitta Reports 78 Percent Fall In Net Profit [Q4 Report]

August 1, 2023 | Investopaper

Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) has published its fourth-quarterly report of FY 2079/80. The unaudited report shows a 78 percent drop in its net profit as compared to previous fiscal year. The microfinance earned Rs 1.53 crores as net profit in the fiscal year 2079/80. In the previous year, the company had posted a profit of Rs. 7.14 crores.

As of Ashad’s end 2080 BS, Himalayan Laghubitta has a paid-up capital of Rs. 31.98 crores. Similarly, reserve & surplus is at Rs. 13.95 crores. The microfinance has floated loans and advances of  Rs. 4.43 Arba. The company has reported a net interest income of Rs. 20.23 crores which is 24 percent less than previous year.

The nonperforming loan stands at 2.37 percent. Earning Per Share (EPS) and net-worth per share are at Rs. 4.81 and Rs. 134.85. The base rate has increased to 18.92 percent.

Major Financial Indicators of Himalayan Laghubitta, FY 2079/80

Paid-up capital: Rs 31.98 crores

Reserve and Surplus: Rs 13.95 crores

Borrowings: Rs 3.17 Arba

Deposits: Rs 0.99 Arba

Loans & Advances: Rs 4.43 Arba

Net Interest Income: Rs 20.23 crores

Operating Profit: Rs 2.19 crores

Net Profit: Rs 1.53 crores

Non-Performing Loans (NPL): 2.37 percent

Base Rate: 18.92 percent

Earnings Per Share: Rs 4.81

Networth Per Share: Rs 134.85

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Himalayan Laghubitta (HLBSL): Report Summary, FY 2079/80

Financial Indicators F.Y. 2079/80 F.Y. 2078/79 Percent Change
Paid up capital (Rs.’crores’) 31.98 28.81 11.00
Reserve and Surplus (Rs.’crores’) 13.95 15.72 -11.26
Borrowings (Rs.’Arba’) 3.17 2.51 26.29
Deposits (Rs.’Arba’) 0.99 0.97 2.06
Loans & Advances (Rs.’Arba’) 4.43 3.85 15.06
Net Interest Income (Rs.’crores’) 20.23 26.8 -24.51
Operating Profit (Rs.’crores’) 2.19 10.49 -79.12
Net Profit (Rs.’crores’) 1.53 7.14 -78.57
Non Performing Loans, NPL (%) 2.37 1.47 61.22
Base Rate (%) 18.92 17.69 6.95
Earnings Per Share, EPS (Rs.) 4.81
Networth Per Share (Rs.) 134.85
Market Price Per Share (Rs.) [Ashad end, 2080 BS] 754
P/E Ratio 156.76

Source: Unaudited Q4 Report, FY 2079/80


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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