Nirdhan Utthan Laghubitta Reports 223 Percent Surge In Profit [Q4 Report]

August 5, 2021 | Investopaper

Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL), one of the leading microfinance of Nepal, has reported a rise in net profit by more than 223 percent in the fiscal year 2077/78. The microfinance has earned Rs 91.91 crores, up from Rs 28.43 crores of the fiscal year 2076/77. The surge in profit is due to the increase in the net interest income as well as writeback of provision of possible losses.


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Major Financial Indicators of Nirdhan Utthan Laghubitta, FY 2077/78

Paid up capital: Rs 169.55 crores

Reserve and Surplus: Rs 280.1 crores

Borrowings: Rs 6.32 Arba

Deposits: Rs 15.81 Arba

Loans & Advances: Rs 24.07 Arba

Net Interest Income: Rs 214.33 crores

Operating Profit: Rs -280.38 crores

Net Profit: Rs 91.91 crores

Non Performing Loans (NPL): 4.11 percent

Cost of Funds: 6.74 percent

Earnings Per Share: Rs 54.22

Networth Per Share: Rs 265.25


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See the financial highlights of Nirdhan Utthan Laghubitta in the table below.

Nirdhan Utthan Laghubitta (NUBL): Financial Highlights of 4th Quarter, FY 2077/78

Financial Indicators Q4, FY 2077/78 Q4, 2076/77 Percent Change
Paid up capital (Rs.’crores’) 169.55 150 13.03
Reserve and Surplus (Rs.’crores’) 280.1 185.02 51.39
Borrowings (Rs.’Arba’) 6.32 6.94 -8.93
Deposits (Rs.’Arba’) 15.81 13.34 18.52
Loans & Advances (Rs.’Arba’) 24.07 20.15 19.45
Net Interest Income (Rs.’crores’) 214.33 149.32 43.54
Operating Profit (Rs.’crores’) -280.38 44.71 -727.11
Net Profit (Rs.’crores’) 91.91 28.43 223.29
Non Performing Loans, NPL (%) 4.11 1.83 124.59
Cost of Funds (%) 6.74 8.55 -21.17
Earnings Per Share, EPS (Rs.) 54.22
Networth Per Share ( Rs.) 265.25
Market Price Per Share (Rs.) [Ashad end, 2078 BS] 1,600
P/E Ratio 29.51

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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