Excel Development Bank reports satisfactory EPS in Second Quarter

February 5, 2020 | Investopaper

Excel Development Bank has reported a decent performance until the second quarter of the fiscal year 2076/77. The development bank with a capital of Rs. 69.27 crores has earned a net profit of Rs. 10.29 crores in the first six months period. The profit rose by almost 25% from the corresponding period of the previous fiscal year. Last year, Excel Development Bank had earned Rs. 8.25 in the same period.

The Earnings Per Share (EPS) stands at Rs. 29.71 while the per-share net worth is Rs. 167.69.

See the performance of Excel Development Bank until the Poush end, 2076 in the table below:

Excel Development Bank Second Quarter Report Summary, FY 2076/77

HEADINGS 2nd QTR, 2076/77 4th QTR, 2075/76 PERCENT CHANGE
PAID-UP CAPITAL (Rs. In crores) 69.27 69.27 0.00
RESERVE & SURPLUS(Rs. In crores) 46.8 35 33.71
DEPOSITS From Customers (Rs. In Arba) 8.74 7.44 17.47
LOANS To Customers (Rs. In Arba) 7.66 6.35 20.63

 

HEADINGS 2nd QTR, 2076/77 2nd QTR, 2075/76 PERCENT CHANGE
NET INTEREST INCOME (Rs. In crores) 23.71 18.72 26.66
PROFIT (Rs. In crores) 10.29 8.25 24.73
DISTRIBUTABLE PROFIT (Rs. In crores) 4.72
NON PERFORMING LOANS, NPL (%) 0.49 0.88 -44.32
BASE RATE(%) 10.64 10 6.40
EARNINGS PER SHARE, EPS (Rs.) 29.71
NETWORTH PER SHARE (Rs.) 167.69
MARKET PRICE PER SHARE (Rs.) [Pous h end, 2076] 324
P/E RATIO 10.91

Note:

The above figures are based on the unaudited second-quarter 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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