Swabalamban Laghubitta Reports 57 Percent Drop in Net Profit [Q1 Report]
November 10, 2023 | Investopaper
Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) has reported a decline in profit in the first quarter of the fiscal year 2080/81. The microfinance earned a net profit of Rs. 3.18 crores, a drop in profit by more than 57 percent from the corresponding quarter of the last fiscal year. During this period, the company had earned a profit of Rs. 7.49 crores in the previous year.
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Until the Ashwin’s end 2080 BS, Swabalamban Laghubitta has floated total loans of Rs. 18.38 Arba. The deposits have increased to Rs 13.03 Arba. The company has earned Rs 34.46 crores as the net interest income in the 3 months period.
Swabalamban Laghubitta (SWBBL) has a paid-up capital of Rs 129.04 crores with Rs 181.27 crores. At this capital, the annualized earnings per share (EPS) is Rs 9.88 while the per share net-worth is Rs 240.47.
The non-performing loans (NPL) has inclined to 12.41 percent. Similarly, the base rate have risen to 14.84 percent.
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The first-quarter report of Swabalamban Laghubitta is summarized in the table below:
Swabalamban Laghubitta (SWBBL): Q1 Report Summary, FY 2080/81
| Financial Indicators | Q1, F.Y. 2080/81 | Q4, F.Y. 2079/80 | Percent Change |
| Paid-up capital (Rs. ‘crores’) | 129.04 | 129.04 | 0.00 |
| Reserve and Surplus (Rs. ‘crores’) | 181.27 | 196.75 | -7.87 |
| Deposits (Rs. ‘Arba’) | 13.03 | 12.8 | 1.80 |
| Loans & Advances (Rs. ‘Arba’) | 18.38 | 18.29 | 0.49 |
| Financial Indicators | Q1, F.Y. 2080/81 | Q1, F.Y. 2079/80 | Percent Change |
| Net Interest Income (Rs. ‘crores’) | 34.46 | 39.37 | -12.47 |
| Operating Profit (Rs. ‘crores’) | 4.82 | 10.7 | -54.95 |
| Net Profit (Rs. ‘crores’) | 3.18 | 7.49 | -57.54 |
| Distributable Profit (Rs. ‘crores’) | 22.59 | – | – |
| Non Performing Loans, NPL (%) | 12.41 | 3.9 | 218.21 |
| Base Rate (%) | 14.84 | 14.71 | 0.88 |
| Earnings Per Share, EPS (Rs.) | 9.88 | ||
| Networth Per Share ( Rs.) | 240.47 | ||
| Market Price Per Share (Rs.) [Ashwin’s end, 2080 BS] | 778 | ||
| P/E Ratio | 78.74 |
Source: Unaudited Q1 Report, FY 2080/81
Note:
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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