NIC Asia Laghubitta Reports 33 Percent Decline in Net Profit [Q4 Report]
August 9, 2024 | Investopaper
NIC Asia Laghubitta Bittya Sanstha Limited (NICLBSL) has reported a 33 percent drop in the net profit in the fiscal year 2080/81 as compared to the previous fiscal year.
As per the unaudited fourth quarterly report, the company has posted a profit of Rs. 12.71 crores. In the previous fiscal year 2079/80, the net profit stood at Rs. 17.98 crores.
Major Financial Indicators of NIC Asia Laghubitta (NICLBSL), FY 2080/81
Paid-up capital: Rs 173.94 crores
Reserve and Surplus: Rs 118.6 crores
Borrowings: Rs 15.14 Arba
Deposits: Rs 1.54 Arba
Loans & Advances: Rs 15.94 Arba
Net Interest Income: Rs 95.16 crores
Operating Profit: Rs 21.12 crores
Net Profit: Rs 12.71 crores
Non-Performing Loans (NPL): 9.92 percent
Base Rate: 13.98 percent
Earnings Per Share: Rs 7.31
Networth Per Share: Rs 168.19
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The summarized version of the fourth-quarterly (Q4) report is shown in the table below:
NIC Asia Laghubitta (NICLBSL): Report Summary, FY 2080/81
| Financial Indicators | FY 2080/81 | FY 2079/80 | Percent Change |
| Paid up capital (Rs.’crores’) | 173.94 | 173.94 | 0.00 |
| Reserve and Surplus (Rs.’crores’) | 118.6 | 132.95 | -10.79 |
| Borrowings (Rs.’Arba’) | 15.14 | 13.73 | 10.27 |
| Deposits (Rs.’Arba’) | 1.54 | 2.23 | -30.94 |
| Loans & Advances (Rs.’Arba’) | 15.94 | 17.98 | -11.35 |
| Net Interest Income (Rs.’crores’) | 95.16 | 108.04 | -11.92 |
| Operating Profit (Rs.’crores’) | 21.12 | 42 | -49.71 |
| Net Profit (Rs.’crores’) | 12.71 | 18.92 | -32.82 |
| Non Performing Loans, NPL (%) | 9.92 | 6.27 | 58.21 |
| Base Rate (%) | 13.98 | 14.74 | -5.16 |
| Earnings Per Share, EPS (Rs.) | 7.31 | ||
| Networth Per Share ( Rs.) | 168.19 | ||
| Market Price Per Share (Rs.) [Ashad end, 2081 BS] | 705 | ||
| P/E Ratio | 96.44 |
Source: Unaudited Q4 Report, FY 2080/81
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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