Before investing in 250% right share of Sahara Bikas Bank take a glance at its 3rd quarter report.

As per the 3rd quarter report, Sahara Bikas Bank has earned a net profit of Rs 87.54 lakh with an EPS of Rs 15.99. The net profit earned this year is 38.01% lower than the previous year. 

The Net Interest Income decreased from 2.65 crore to 2.52 crore. The operating profit has plunged by 38.01 in this quarter. The staff expenses hike by 41.68%.

The company has a paid-up capital of Rs 7.3 crore and it is issuing 250% right share from today i.e May 20, 2018. The capital will uplift to 25.55 crore after capitalization of this right share. NIBL ACE capital has been appointed as an issue manager for this issue. The closing date for the right share is Ashad 9, 2075.

 The company has a reserve of 5.42 crore with a net worth per share of Rs 174.26.

In term of deposit collection, it has decreased by 11.08%  to 38.43 crore. Similarly, lending has swelled by just 0.15% as loan extension of Rs 38.33 crore was made throughout the review period.

Key Indicartors:

Earning Per Share (EPS)           : Rs 15.99

Price Earning Ratio (P/E Ratio) : 28.83times 

Book Value                                 : Rs 174.26

P/b Ratio                                     : 2.63 times