Deprosc Laghubitta Posts Rs 71.37 Crores Net Profit In FY 2077/78 (Q4 Report)

July 30, 2021 | Investopaper

Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has posted a net profit of Rs 71.37 crores in the fiscal year 2077/78. As per the unaudited fourth quarterly (Q4) report, the net profit of the microfinance has surged by almost 160 percent. In the previous fiscal year 2076/77, Deprosc Laghubitta had earned Rs 27.50 crores in net profit. The increase in profit is due to the writeback of provision of possible losses worth Rs 38.98 crores. Similarly, the net interest income grew by 42 percent to Rs 137.03 crores.


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Major Financial Indicators of Deprosc Laghubitta, FY 2077/78

Paid up capital: Rs 115.62 crores

Reserve and Surplus: Rs 129.45 crores

Borrowings: Rs 7.78 Arba

Deposits: Rs 6.54 Arba

Loans & Advances: Rs 15.23 Arba

Net Interest Income: Rs 137.03 crores

Operating Profit: Rs 76.81 crores

Net Profit: Rs 71.37  crores

Non Performing Loans (NPL): 0.92 percent

Cost of Funds: 6.27 percent

Earnings Per Share: Rs 61.73

Networth Per Share: Rs 211.96


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Deprosc Laghubitta Fourth Quarter (Q4) Report Summary, FY 2077/78

The unaudited fourth quarterly report of Deprosc Laghubitta is also summarized in the table below:

Financial Indicators Q4, FY 2077/78 Q4, 2076/77 Percent Change
Paid up capital (Rs.’crores’) 115.62 100.54 15.00
Reserve and Surplus (Rs.’ crores’) 129.45 83.31 55.38
Borrowings (Rs.’Arba’) 7.78 6.5 19.69
Deposits (Rs.’Arba’) 6.54 4.93 32.66
Loans & Advances (Rs.’Arba’) 15.23 11.54 31.98
Net Interest Income (Rs.’crores’) 137.03 95.97 42.78
Operating Profit (Rs. ‘crores’) 76.81 46.18 66.33
Net Profit (Rs.’crores’) 71.37 37.49 159.62
Non Performing Loans, NPL (%) 0.92 2.47 -62.75
Cost of Funds (%) 6.27 9.93 -36.86
Earnings Per Share, EPS (Rs.) 61.73
Networth Per Share ( Rs.) 211.96
Market Price Per Share (Rs.) [Ashad end, 2078 BS] 1,686
P/E Ratio 27.31

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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