Jeevan Bikas Laghubitta Reports 16 Percent Drop In Profit | Annualized EPS At Rs. 57.1 [Q1 Report]
November 11, 2022 | Investopaper
Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has posted a net profit of Rs. 14.76 crores in the first three months of the current fiscal year 2079/80. As per the unaudited report, the profit has declined by 16 percent as compared to the corresponding quarter of the previous fiscal year. The company had earned Rs. 17.66 crores in the first three months of the last fiscal year.
During this period, JBLB has expanded loans by 12 percent to Rs. 24.26 Arba. With the increase in loans, the company generated a net interest income of Rs 40.62 crores until the first quarter.
The NPL has inclined to 1.12 percent while the cost of funds has inclined to 10.33 percent.
As of Ashwin’s end 2079 BS, JBLB has a paid-up capital of Rs 103.42 crores. At this capital, the annualized EPS is at Rs 57.1 while the per share net worth is Rs. 283.92.
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The quarterly report of Jeevan Bikas Laghubitta is also summarized in the table below:
Jeevan Bikas Laghubitta (JBLB): Q1 Report Summary, FY 2079/80
| Financial Indicators | Q1, FY 2079/80 | Q1, FY 2078/79 | Percent Change |
| Paid up capital (Rs.’crores’) | 103.42 | 60.84 | 69.99 |
| Reserve and Surplus (Rs.’crores’) | 168.68 | 149.71 | 12.67 |
| Borrowings (Rs.’Arba’) | 10.06 | 10.71 | -6.07 |
| Deposits (Rs.’Arba’) | 9.76 | 8.37 | 16.61 |
| Loans & Advances (Rs.’Arba’) | 24.26 | 21.6 | 12.31 |
| Net Interest Income (Rs.’crores’) | 40.62 | 38.34 | 5.95 |
| Operating Profit (Rs.’crores’) | 12.51 | 15.83 | -20.97 |
| Net Profit (Rs.’crores’) | 14.76 | 17.66 | -16.42 |
| Non Performing Loans, NPL (%) | 1.12 | 0.68 | 64.71 |
| Cost of funds (%) | 10.33 | 7.92 | 30.43 |
| Earnings Per Share, EPS (Rs.) | 57.1 | ||
| Networth Per Share ( Rs.) | 283.92 | ||
| Market Price Per Share (Rs.) [Ashwin’s end, 2079 BS] | 2502 | ||
| P/E Ratio | 43.82 |
Source: Unaudited Q1 Report, FY 2079/80
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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