February 11, 2021 | Investopaper
Sana Kisan Bikas Laghubitta (SKBBL) has reported a decent performance in the second quarter of the fiscal year 2077/78. The profit has increased by 5 percent to Rs. 31.73 crores. In the last fiscal year, the microfinance had earned Rs. 30.17 crores in the first 6 months.
The company has a massive reserve and surplus of Rs. 200.83 crores at a current capital of Rs. 125.02 crores. The wholesale microfinance has floated total loans and advances of Rs. 21.07 Arba which is the highest among its peers.
In the 6 months period, the microfinance earned Rs. 60.56 crores in net interest income, up from Rs. 53.88 crores of the same period last year.
However, the NPL has increased to 0.97 percent which is still at a satisfactory level. Likewise, the cost of the fund has declined to 3.48 percent.
The company has an annualized Earnings Per Share (EPS) of Rs. 50.78 with a per-share net worth of Rs. 260.63. Both the indicators are impressive from the point of view of investors as well.
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See the financial highlights of Sana Kisan Laghubitta in the second quarter summarized in the table below:
Sana Kisan Bikas Laghubitta Second Quarter Report Summary, FY 2077/78
|FINANCIAL INDICATORS||Q2, FY 2077/78||Q2, 2076/77||PERCENT CHANGE|
|PAID-UP CAPITAL (Rs. In crores)||125.02||100.02||25.00|
|RESERVE (Rs. In crores)||200.83||172.92||16.14|
|BORROWINGS (Rs. In Arba)||18.46||19.43||-4.99|
|LOANS (Rs. In Arba)||21.07||21.15||-0.38|
|NET INTEREST INCOME (Rs. In crores)||60.56||53.88||12.40|
|PROFIT (Rs. In crores)||31.73||30.17||5.17|
|NON PERFORMING LOANS, NPL (%)||0.97||0.66||46.97|
|COST OF FUND (%)||3.48||5.96||-41.61|
|EARNINGS PER SHARE, EPS (Rs.)||50.78|
|NETWORTH PER SHARE (Rs.)||260.63|
|MARKET PRICE PER SHARE (Rs.) [Poush end, 2077]||1600|
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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