Comparative Performance of 8 Microfinance with capital upto 10 crores

August 1, 2019 | Investopaper

Several Microfinance companies of Nepal have published the fourth quarter report of fiscal year 2075/76. The microfinance companies have shown impressive growth in their latest reports. Due to this reason, the share price of microfinance companies is rapidly rising lately in the stock market.

Here, we are trying to make a comparative analysis of the performance of 8 microfinance companies with capital up to Rs. 10 crores. See the performance of each microfinance and decide which is the best of all. Which company’s share would you like to purchase? Feel free to share your views in the comment section below.

Note 1: Trilok and Suryodaya Laghubitta are in the merger agreement.

Note 2: The comparative performance report is based on the unaudited fourth-quarter report of fiscal year 2075/76. It may change after the audit.

Comparative Performance of 8 Microfinance

A. Paid-Up Capital, Reserve, Borrowings, Deposits and Loans

MICROFINANCE	PAID-UP CAPITAL (Rs. In crores)	RESERVE (Rs. In crores)	BORROWINGS (Rs. In crores)	DEPOSITS (Rs. In crores)	LOANS (Rs. In crores)
Samata Laghubitta	6.07	8.43	80.13	49.59	130.97
Trilok Laghubitta	6.09	0.47	45.59	14.11	65.42
Sparsha Laghubitta	8.29	1.58	68.59	16.67	90.38
Kisan Laghubitta	8.6	3.6	97.33	37.24	132.36
Mahuli Laghubitta	10.2	19.32	97.13	88.35	206.31
Ganapati Laghubitta	10.35	1.71	58.99	23.72	87.75
Suryodaya Laghubitta	10.79	7.96	86.27	61.39	156.81
Kalika Laghubitta	10.8	6.77	102.76	72.66	181.35

B. Net Interest Income, Profit, NPL, Cost of Fund

MICROFINANCE	NET INTEREST INCOME (Rs. In crores)	PROFIT (Rs. In crores)	NON PERFORMING LOANS, NPL (%)	COST OF FUND (%)
Samata Laghubitta	7.07	2.58	0.98	12.05
Trilok Laghubitta	2.49	1.05	–	10.36
Sparsha Laghubitta	4.42	1.56	0.49	11.68
Kisan Laghubitta	8.35	2.21	0.77	12.26
Mahuli Laghubitta	14.73	4.29	1.62	10.37
Ganapati Laghubitta	6.09	3.05	0.69	10.39
Suryodaya Laghubitta	10.58	3.61	0.92	9.22
Kalika Laghubitta	13.47	2.08	1.6	9.41

C. EPS, Networth, Market Price, and P/E Ratio

MICROFINANCE	EARNINGS PER SHARE, EPS (Rs.)	NETWORTH PER SHARE (Rs.)	PRICE PER SHARE (Rs.)	P/E RATIO
Samata Laghubitta	42.32	238.87	1130	26.7
Trilok Laghubitta	17.24	107.72	–	–
Sparsha Laghubitta	18.82	119.08	415	22.58
Kisan Laghubitta	25.7	141.88	830	32.3
Mahuli Laghubitta	42.1	289.41	947	22.94
Ganapati Laghubitta	29.45	116.57	446	12.11
Suryodaya Laghubitta	33.51	173.75	793	23.66
Kalika Laghubitta	19.25	162.69	699	36.31