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.
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|
|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|
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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