Mahuli Laghubitta shows decent net profit growth of 21%; EPS of Rs 59

Mahuli Samudayik Laghubitta has published its second quarter report for the FY 2074/75. The company has earned a net profit of Rs 1.76 crores as per the report. This shows an EPS of Rs 58.97

The company's net profit has increased by 21.28% in the review period. The Net profit was 1.45 crores las year. Mahuli currently has a paid-up capital of Rs 6 crores. Company has a hefty reserve of Rs 15.23 crores, with a networth per share of Rs 345. 

Company has a shown a decent growth of 18% in its operating profit, rising it to Rs 2.72 crores by the end of 2nd quarter of this FY. The main contributor to this was the rise in company's income from fee comission and discount, that grew to 1.26 crores from Rs 2.79 lakh last year. 

The staff expense rose to Rs 3.81 crores, showing a growth of 34%. 

Mahuli has borrowed Rs 59.62crores and exteded a loan of Rs 1.36 arba . The borrowing was 55.07 crores last year whereas lending was Rs 1.07 arba. Company's NPL has increased slightly to 1.85%

Positive Sides: 

• Huge Reserve of 15.23 crores
• Decent Growth in borrowing and lending 
• Decent Per share Earning
• Company now has an adequate capita with CAR 15.66%. 

Negative Sides:

• Fall in Net Interest Income 
• Rise in Cost of Fund. 

Major Indicators:

• EPS          : Rs 58.97
• Networth  : Rs 345
• NPL          :  1.85%
• ROE         : 29.38%
• ROA         : 3.84%