Laxmi Laghubitta Net profit dips by 17.49%, EPS slips to Rs 36.52 ; Checkout other indicators

Laxmi Laghubitta has published the 4th quarter report for the fy 2074/75

As per the report, the company has earned a net profit of Rs 8.83 crores showing a Y-O-Y growth of -17.49%. The decline in net profit has been contributed by the rise in interest expense, staff expenses and provision for losses. A fall of 2.44% has been recorded in Net Interest Income. The company's operating profit has plummeted by 19.20%. 

Laxmi Laghubitta has a paid-up capital of Rs 24.20 crores showing that the company has a decent capital. In the review period, the company's capital as well as reserve has increased decently by 10% and 19.35% resp. Laxmi Laghubitta now has a reserve of Rs 20.23 crores. Its borrowing has improved by 14.40% wheras lending has shown a growth of 22.04% resp. 

Major Indicators : 

Earning per shares (EPS)                : Rs 36.52

Price to earning ratio (P/E Ratio)     : 30.07 times 

Networth per Share                          : Rs 183.63

Capital Adequacy Ratio (CAR)        : 15.41%

P/B Ratio                                          : 5.98 times

NPL                                                  : 0.98%

Positive Sides

• Decent increase in paid-up Capital
• Adequate Capital with CAR 15.41%
• Decent increase in Reserves
• Above average Net worth per shares

Negative Sides

• Rising Interest Expense , growth of 40.84% recorded
• Rising cost of fund, surged to 9.66%
• Rise in NPL