May 8, 2019 | Investopaper
The comparative performance of Mithila Laghubitta and Mahila Sahayatra Laghubitta based on the third quarter report of F.Y. 2075/76 is shown in the table below.
Note: The performance comparison is as per the unaudited third-quarter report.
*** Mithila Laghubitta report has not included 10.45 percent bonus share and 50 percent right share in the paid-up capital. After the inclusion of bonus and right share, the actual paid-up capital is Rs. 10.58 crores. Hence, the Actual EPS, Net-worth Per Share and P/E ratio will be different than the report and the table below. The EPS should be Rs. 17.64 with a P/E ratio of 28.06. The Networth Per Share will be Rs. 137.33.
It is essential to consider the above calculation while making any comparative decision.
Comparative Performance: Mithila Laghubitta and Mahila Sahayatra Laghubitta
|Headings||Mithila Laghubitta||Mahila Sahayatra Laghubitta|
|Paid up capital (Rs. ‘crores’)||6.6||12.1|
|Reserve & Surplus (Rs. ‘crores’)||3.95||2.91|
|Borrowings (Rs. ‘crores’)||52.48||71.18|
|Deposits (Rs. ‘crores’)||22.54||26.64|
|Loans (Rs. ‘crores’)||84.31||113.33|
|Net Interest Income (Rs. ‘Crores’)||4.11||5.71|
|Net Profit (Rs. ‘Crores)||1.4||1.89|
|Non Performing Loans, NPL (%)||2.65||2.14|
|Cost of Fund(%)||14.08||11.01|
|Earnings Per Share, EPS (Rs.)||28.3 ***||20.88|
|Networth Per Share (Rs.)||159.89 ***||124|
|Market Price Per Share (Rs.)[Baisakh 24, 2076]||495||525|
|P/E Ratio||17.49 ***||25.14|