Kamana Sewa Bikas Bank Posts Net Profit Of Rs 70.02 Crores (Q4 Report)
July 18, 2021 | Investopaper
Kamana Sewa Bikas Bank Limited (KSBBL) has reported a net profit of Rs 70.02 crores in the fiscal year 2077/78. As per the unaudited fourth quarterly report, the profit has surged by a massive 485 percent as compared to the corresponding period of the previous fiscal year. The bank had earned Rs 11.97 crores in the last fiscal year.
The rise in profit is due to the increase in the net interest income of the bank. In this fiscal year, the bank has earned Rs 149.03 crores as net interest income, which is almost 30 percent higher than the previous year.
As of Ashad’s end 2078 BS, Kamana Sewa Bikas Bank has collected Rs 44.45 Arba as deposits from customers. Likewise, it has floated Rs 38.83 Arba as loans and advances to customers. The deposits and loans have increased by more than 39 percent and 49 percent respectively.
The paid-up capital stood at Rs 2.65 Arba with Rs 1.29 Arba in reserve and surplus.
With the rise in profit, the annualized EPS stood at Rs 26.40 while the per share networth is Rs 148.61.
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The table below presents the summarized version of the quarterly report.
Kamana Sewa Bikas Bank Q4 Report Summary, FY 2077/78
| Financial Indicators | Q4, FY 2077/78 | Q4, 2076/77 | Percent Change |
| Paid up capital(Rs.’Arba’) | 2.65 | 2.54 | 4.33 |
| Reserve and Surplus(Rs.’Arba’) | 1.29 | 0.66 | 95.45 |
| Deposits From Customers (Rs.’Arba’) | 44.45 | 31.9 | 39.34 |
| Loans & Advances To Customers (Rs.’Arba’) | 38.83 | 25.93 | 49.75 |
| Financial Indicators | Q4, FY 2077/78 | Q4, 2076/77 | Percent Change |
| Net Interest Income(Rs.’crores’) | 149.03 | 114.71 | 29.92 |
| Operating Profit (Rs.’crores’) | 71.96 | 16.57 | 334.28 |
| Net Profit (Rs.’crores’) | 70.02 | 11.97 | 484.96 |
| Distributable Profit (Rs.’crores’) | 43.45 | – | – |
| Non Performing Loans, NPL(%) | 1.5 | 1.79 | -16.20 |
| Base rate(%) | 8.38 | 10.55 | -20.57 |
| Earnings Per Share, EPS(Rs.) | 26.4 | ||
| Networth Per Share ( Rs.) | 148.61 | ||
| Market Price Per Share (Rs.) [Ashad’s end, 2078 BS] | 580 | ||
| P/E Ratio | 21.97 |
Note:
The above figures are based on the unaudited 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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