Forward Community Laghubitta Reports EPS Of Rs 71.48 In Q1

November  13, 2020 | Investopaper

Forward Community Laghubitta Bittiya Santha Limited (FOWAD) has delivered a decent performance in the first quarter of the fiscal year 2077/78. The company reported an impressive Earning Per Share (EPS) of Rs. 71.48. However, the profit has remained stable as compared to the corresponding quarter of the previous year. The microfinance earned a profit of Rs. 8.94 crores, a growth of a mere 6.68 percent. In the first quarter of the previous fiscal year, the net profit stood at Rs. 8.38 crores.

At the current capital of Rs. 50.04 crores, the company has a total reserve of Rs. 101.37. This gives the company per share networth of Rs. 302.57.

Forward Community Laghubitta has floated the loans of Rs. 12.75 Arba, an increment by 26 percent from the corresponding period of the previous year.

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Dividend History Of Forward Community Laghubitta (FOWAD)

The first-quarter report of Forward Community Microfinance is summarized in the table below:

Forward Community Microfinance First Quarter Report, FY 2077/78

Financial Indicators 1st Qtr, 2077/78 1st Qtr, 2076/77 Percent Change
Paid up capital(Rs.’crores’) 50.04 37.77 32.49
Reserve and Surplus(Rs.’ crores’) 101.37 95.45 6.20
Borrowings (Rs.’Arba’) 6.99 5.27 32.64
Deposits(Rs.’Arba’) 5.9 4.87 21.15
Loans & Advances(Rs.’Arba’) 12.75 10.12 25.99
Net Interest Income(Rs.’crores’) 29.01 22.18 30.79
Operating Profit (Rs. “crores’) 14.05 13.16 6.76
Net Profit(Rs.’crores’) 8.94 8.38 6.68
Non Performing Loans, NPL(%) 2.71 0.82 230.49
Cost of Funds (%) 8.52 11.05 -22.90
Earnings Per Share, EPS(Rs.) 71.48
Networth Per Share ( Rs.) 302.57
Market Price Per Share (Rs.) [Ashwin  end, 2077] 1537
P/E Ratio 21.50

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.

To see the reports of other companies, CLICK HERE.

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