Forward Microfinance Laghubitta Reports Annualized EPS Of Rs. 23.50 [Q2 Report]
February 10, 2023 | Investopaper
Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) has reported an annualized Earning Per Share (EPS) of Rs 23.50. The microfinance has posted a net profit of Rs 12.40 crores until the second quarter of this fiscal year 2079/80. The profit has decreased by 70 percent as compared to the corresponding period of the previous year. Last year, such profit stood at Rs 42.51 crores.
Until the end of Poush 2079 BS, Forward Laghubitta has floated the loans of Rs 19.76 Arba. The company generated a net interest income of Rs 50.8 crores.
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Dividend History Of Forward Microfinance Laghubitta (FOWAD)
Forward Microfinance Laghubitta’s Q1 Report
The second quarterly report of FOWAD is summarized in the table below:
Forward Microfinance Laghubitta (FOWAD): Q2 Report Summary, FY 2079/80
| Financial Indicators | Q2, F.Y. 2079/80 | Q4, F.Y. 2078/79 | Percent Change |
| Paid-up capital (Rs. ‘crores’) | 105.55 | 84.44 | 25.00 |
| Reserve and Surplus (Rs. ‘crores’) | 170.84 | 157.98 | 8.14 |
| Borrowings (Rs. ‘Arba’) | 9.85 | 10.45 | -5.74 |
| Deposits (Rs. ‘Arba’) | 8.43 | 7.33 | 15.01 |
| Loans & Advances (Rs. ‘Arba’) | 19.76 | 19.77 | -0.05 |
| Financial Indicators | Q2, F.Y. 2079/80 | Q2, F.Y. 2078/79 | Percent Change |
| Net Interest Income (Rs. ‘crores’) | 50.8 | 69.19 | -26.58 |
| Operating Profit (Rs. ‘crores’) | 17.71 | 60.68 | -70.81 |
| Net Profit (Rs. ‘crores’) | 12.4 | 42.51 | -70.83 |
| Distributable Profit (Rs. ‘crores’) | 4.02 | ||
| Non Performing Loans, NPL (%) | 3.81 | 2.11 | 80.57 |
| Base Rate (%) | 13.61 | 11.81 | 15.24 |
| Earnings Per Share, EPS (Rs.) | 23.5 | ||
| Networth Per Share ( Rs.) | 261.86 | ||
| Market Price Per Share (Rs.) [Poush end, 2079 BS] | 1930 | ||
| P/E Ratio | 82.13 |
Source: Unaudited Q2 Report, FY 2078/79
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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