Sabaiko Laghubitta Reports 9 Percent Drop In Net Profit | EPS At Rs 35.33 [Q3 Report]
May 6, 2022 | Investopaper
Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has reported a profit of Rs. 7.15 crores until the third quarter of this current fiscal year 2078/79. This is 9.72 percent lower than the previous year’s corresponding quarter. Last year, the company earned Rs 7.92 crores until the third quarter.
The microfinance has shown an aggressive growth in lending. It has floated loans and advances of Rs. 4.55 Arba, which is almost 47 percent higher than the corresponding period of the previous year.
As of Chaitra end 2078 BS, Sabaiko Laghubitta has a paid-up capital of Rs 27 crores with Rs 13.23 crores in reserve and surplus. At current capital, the Annualized Earnings Per Share (EPS) stand at Rs 35.33 while the per share networth is Rs 149.04
The NPL has decreased to 1.33 percent from 1.61 percent. Likewise, the cost of fund has inclined to 8.07 percent.
The table below presents the summarized version of the quarterly report.
Sabaiko Laghubitta (SABSL): Q3 Report Summary, FY 2078/79
| Financial Indicators | Q3, F.Y. 2078/79 | Q3, F.Y. 2077/78 | Percent Change |
| Paid up capital (Rs.’crores’) | 27 | 20.6 | 31.07 |
| Reserve and Surplus (Rs.’ crores’) | 13.23 | 9.31 | 42.11 |
| Borrowings (Rs.’Arba’) | 2.96 | 2.17 | 36.41 |
| Deposits (Rs.’Arba’) | 1.25 | 0.81 | 54.32 |
| Loans & Advances (Rs.’Arba’) | 4.55 | 3.1 | 46.77 |
| Net Interest Income (Rs.’crores’) | 19.17 | 14.63 | 31.03 |
| Operating Profit (Rs. ‘crores’) | 9.14 | 8.13 | 12.42 |
| Net Profit (Rs.’crores’) | 7.15 | 7.92 | -9.72 |
| Non Performing Loans, NPL (%) | 1.33 | 1.61 | -17.39 |
| Cost of Funds (%) | 8.07 | 6.03 | 33.83 |
| Earnings Per Share, EPS (Rs.) | 35.33 | ||
| Networth Per Share ( Rs.) | 149.04 | ||
| Market Price Per Share (Rs.) [Chaitra end, 2078 BS] | 1205 | ||
| P/E Ratio | 34.11 |
Source: Unaudited Q3 Report, FY 2078/79
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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