Samudayik Laghubitta Q4 report: 56 percent rise in net profit
August 7, 2019 | Investopaper
Samudayik Laghubitta has published its fourth-quarter report of FY 2075/76 today. The unaudited report shows a 56.41 percent rise in its net profit as compared to last year’s corresponding quarter. The net profit stands at Rs. 2.44 crores for this quarter. Last year, the microfinance made a profit of Rs. 1.56crores in the fourth quarter.
The paid-up capital stands at Rs. 10 crores. Similarly, reserve & surplus is at Rs. 5.54 crores. The microfinance has loans and advances of Rs. 91.21 crore. Also, the company reported a net interest income of Rs. 7.53 crores in this period which is 19.15% more than the previous year’s 4th quarter.
The nonperforming loan stands at 1.65%. Annualized EPS is at Rs. 24.44. The cost of the fund has slightly increased to 8.98%. Samudayik Laghubitta issued IPO shares worth Rs. 3 crores to the general public on Mangsir, 2075. See the financial highlights of the fourth quarter below.
Financial Highlights of Samudayik Laghubitta, 4th Quarter .F.Y. 2075/76
| HEADINGS | 4TH QTR, 2075/76 | 4TH QTR, 2074/75 | PERCENT CHANGE |
| PAID-UP CAPITAL (Rs. In crores) | 10 | 7 | 42.86 |
| RESERVE (Rs. In crores) | 5.54 | 4.79 | 15.66 |
| BORROWINGS (Rs. In crores) | 44.68 | 39.6 | 12.83 |
| DEPOSITS (Rs. In crores) | 35.17 | 26.91 | 30.69 |
| LOANS (Rs. In crores) | 91.21 | 71.9 | 26.86 |
| NET INTEREST INCOME (Rs. In crores) | 7.53 | 6.32 | 19.15 |
| PROFIT (Rs. In crores) | 2.44 | 1.56 | 56.41 |
| NON PERFORMING LOANS, NPL (%) | 1.65 | 1.07 | 54.21 |
| COST OF FUND (%) | 8.98 | 8.87 | 1.24 |
| EARNINGS PER SHARE, EPS (Rs.) | 24.44 | ||
| NETWORTH PER SHARE (Rs.) | 155.44 | ||
| MARKET PRICE PER SHARE (Rs.) [Ashad 31] | 532 | ||
| P/E RATIO (based on price of Ashad 31, 2076) | 21.77 |
