August 9, 2022 | Investopaper
Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL), one of the leading microfinance of Nepal, has reported a fall in net profit by more than 13 percent in the fiscal year 2078/79. The microfinance has earned Rs 102.82 crores, down from Rs 118.88 crores of the fiscal year 2076/77.
The drop in profit is due to the decrease in the net interest income of the microfinance by 11 percent. NUBL earned Rs. 209.74 crores as net interest income.
Despite the fall in profit, the earnings per share (EPS) is at a satisfactory Rs. 46.85.
Major Financial Indicators of Nirdhan Utthan Laghubitta, FY 2078/79
Paid up capital: Rs 219.5 crores
Reserve and Surplus: Rs 263.11 crores
Borrowings: Rs 6.28 Arba
Deposits: Rs 18.18 Arba
Loans & Advances: Rs 27.43 Arba
Net Interest Income: Rs 209.74 crores
Operating Profit: Rs 147.06 crores
Net Profit: Rs 102.82 crores
Distributable Profit: Rs 80.20 crores
Non Performing Loans (NPL): 3.13 percent
Base Rate: 13.49 percent
Earnings Per Share: Rs 46.85
Networth Per Share: Rs 219.86
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See the financial highlights of Nirdhan Utthan Laghubitta in the table below.
Nirdhan Utthan Laghubitta (NUBL): Report Summary, FY 2078/79
|Financial Indicators||FY 2078/79||FY 2077/78||Percent Change|
|Paid up capital (Rs.’crores’)||219.5||169.5||29.50|
|Reserve and Surplus (Rs.’crores’)||263.11||215.68||21.99|
|Loans & Advances (Rs.’Arba’)||27.43||23.73||15.59|
|Net Interest Income (Rs.’crores’)||209.74||237.7||-11.76|
|Operating Profit (Rs.’crores’)||147.06||161.5||-8.94|
|Net Profit (Rs.’crores’)||102.82||118.88||-13.51|
|Distributable Profit (Rs.’crores’)||80.20|
|Non Performing Loans, NPL (%)||3.13||4.11||-23.84|
|Base Rate (%)||13.49||11.19||20.55|
|Earnings Per Share, EPS (Rs.)||46.85|
|Networth Per Share ( Rs.)||219.86|
|Market Price Per Share (Rs.) [Ashad end, 2079 BS]||1,099.00|
Source: Unaudited Q4 Report, FY 2078/79
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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