May 11, 2023 | Investopaper
Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) has posted a net profit of Rs 58.76 crores until the third quarter of the current fiscal year 2079/80. The unaudited report shows a 17 percent percent rise in its net profit as compared to last year’s corresponding quarter. In the previous fiscal year 2078/79, the microfinance earned a profit of Rs. 50.25 crores until the third quarter.
The rise in profit is due to the increase in the net interest income by 27 percent. The company reported a net interest income of Rs. 122.31 crores in this nine months period, up from Rs. 96.28 crores of the previous year’s third quarter. Likewise, SKBBL earned an operating profit of Rs. 83.78 crores.
As of Chaitra’s end 2079 BS, Sana Kisan Bikas Laghubitta has a paid-up capital of Rs. 197.11 crores. Similarly, reserve & surplus is at Rs. 270.57 crores. The microfinance has borrowed Rs. 18.64 Arba and has floated the total loans and advances of Rs. 31.68 Arba.
The nonperforming loan is at 1.42 percent. Annualized EPS stands at Rs. 39.75 with net-worth per share of Rs. 238.77.
The un-audited third quarter report is also summarized in the table below:
Sana Kisan Bikas Laghubitta (SKBBL): Q3 Report Summary, FY 2079/80
|Financial Indicators||Q3, F.Y. 2079/80||Q4, F.Y. 2078/79||Percent Change|
|Paid-up capital (Rs. ‘crores’)||197.11||156.44||26.00|
|Reserve and Surplus (Rs. ‘crores’)||270.57||259.3||4.35|
|Borrowings (Rs. ‘Arba’)||18.64||16.3||14.36|
|Loans & Advances (Rs. ‘Arba’)||31.68||29.31||8.09|
|Financial Indicators||Q3, F.Y. 2079/80||Q3, F.Y. 2078/79||Percent Change|
|Net Interest Income (Rs. ‘crores’)||122.31||96.28||27.04|
|Operating Profit (Rs. ‘crores’)||83.78||71.69||16.86|
|Net Profit (Rs. ‘crores’)||58.76||50.25||16.94|
|Distributable Profit (Rs. ‘crores’)||76.22|
|Non Performing Loans, NPL (%)||1.42||0.59||140.68|
|Base Rate (%)||5.28||3.99||32.33|
|Earnings Per Share, EPS (Rs.)||39.75|
|Networth Per Share ( Rs.)||238.77|
|Market Price Per Share (Rs.) [Chaitra’s end, 2079 BS]||822.3|
Source: Unaudited Q3 Report, FY 2079/80
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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