Comparative Performance: Mirmire Vs Vijaya Laghubitta
April 28, 2019 | Investopaper
Mirmire Laghubitta and Vijaya Laghubitta have published the third quarter report of F.Y. 2075/76. Mirmire Laghubitta has made a net profit of Rs. 3.60 crores, a rise of 69.50 percent from the corresponding quarter previous year. On the other hand, Vijaya Laghubitta has improved the profit by 140 percent in the 3rd quarter. The company made a profit of Rs. 3.70 crores.
The last traded price of a share of Mirmire and Vijaya Laghubitta stand at Rs. 949 and Rs. 580 respectively. See the performance of both microfinance in the table below and compare the results. Which microfinance share would you prefer to buy at the current price? Share your views in the comment section.
Comparative Performance: Mirmire Laghubitta Vs Vijaya Laghubitta
| Headings | Mirmire Laghubitta | Vijaya Laghubitta |
| Paid up capital (Rs. ‘crores’) | 13.12 | 19.48 |
| Reserve & Surplus (Rs. ‘crores’) | 7.09 | 6.01 |
| Borrowings (Rs. ‘crores’) | 162.17 | 183.14 |
| Deposits (Rs. ‘crores’) | 68.05 | 50.53 |
| Loans (Rs. ‘crores’) | 240.4 | 247.16 |
| Net Interest Income (Rs. ‘Crores’) | 8.83 | 11.08 |
| Net Profit (Rs. ‘Crores) | 3.6 | 3.7 |
| Non Performing Loans, NPL (%) | 0.57 | 2.54 |
| Cost of Fund(%) | 11.5 | 10.8 |
| Earnings Per Share, EPS (Rs.) | 37.23 | 25.35 |
| Networth Per Share (Rs.) | 154.03 | 130.83 |
| Market Price Per Share (Rs.) [ April 25, 2019] | 949 | 580 |
