Swarojgar Laghubitta Reports 36 Percent Rise In Net Profit [Q2 Report]
January 31, 2022 | Investopaper
Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has reported a net profit of Rs 9.01 crores until the second quarter of the current fiscal year 2078/79. The profit has increased by 36 percent as compared to the corresponding period of the previous year. Last year, the company had earned Rs 6.61 crores in the six months period.
The rise in profit is mainly due to the increase in the net interest income by 57 percent. SLBBL’s net interest income stood at Rs 21.33 crores, up from Rs 13.57 crores of the same period last year.
As of Poush’s end 2078 BS, SLBBL has a paid-up capital of Rs 51.40 crores. At this capital, the annualized EPS is at Rs 35.08 while the per-share networth stood at Rs 135.7.
The table below presents the summarized version of the quarterly report.
Swarojgar Laghubitta (SLBBL): Q2 Report Summary, FY 2078/79
| Financial Indicators | Q2, F.Y. 2078/79 | Q2, F.Y. 2077/78 | Percent Change |
| Paid up capital (Rs.’crores’) | 51.4 | 36.59 | 40.48 |
| Reserve and Surplus (Rs.’crores’) | 18.35 | 17.35 | 5.76 |
| Borrowings (Rs.’Arba’) | 3.52 | 19.63 | -82.07 |
| Deposits (Rs.’Arba’) | 2.91 | 2.22 | 31.08 |
| Loans & Advances (Rs.’Arba’) | 7.06 | 4.77 | 48.01 |
| Net Interest Income (Rs.’crores’) | 21.33 | 13.57 | 57.18 |
| Operating Profit (Rs.’crores’) | 12.74 | -10.67 | – |
| Net Profit (Rs.’crores’) | 9.01 | 6.61 | 36.31 |
| Non Performing Loans, NPL(%) | 2.92 | 2.79 | 4.66 |
| Cost of Funds (%) | 9.09 | 7.62 | 19.29 |
| Earnings Per Share, EPS(Rs.) | 35.08 | ||
| Networth Per Share ( Rs.) | 135.7 | ||
| Market Price Per Share (Rs.) [Poush end, 2078 BS] | 1244 | ||
| P/E Ratio | 35.46 |
Source: Unaudited Q2 Report, FY 2078/79
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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