Rising Interest expense hits Mahuli Laghubitta on Net Profit ; EPS slips to Rs 24.63
The company with cent percent EPS once, has now reported that of just Rs 24.63. The Net profit of the company has slipped by 61.83% and the operating profit has plummeted by 13.04% . The decline in the profit highly seems to be contributed by the rising interest expense, which has resulted a decline in the company's Net Interest Income. The company's Net Interest Income has fallen by nearly 13% in the review period.
The rising fee, commission and staff expenses have also significantly conributed for the fall in Net profit.
The Paid-up capital of the comany remained stagnent at Rs 6 crores, during the review period. The company's reserve escalated by 37% to Rs 15.07 crores. In terms of deposit and lending, a growth of 20.30% and 41.90% resp was seen.
The companys NPL surged to 1.83 from 1.79 last year.
Major Indicators :
Earning per shares (EPS) : Rs 24.63
Price to earning ratio (P/E Ratio) : 104.97 times
Networth per Share : Rs 351.19
Capital Adequacy Ratio (CAR) : 13.70%
P/B Ratio : 7.43 times
NPL : 1.83 %
- Spectacular Networth per share
- Decent NPL
- Huge Reserves
- High Return on Equity
- Huge growth in Interest Expense
- Significant increase in staff expense
- Tight CAR
- Increase in Non-performing loan
- Increase in Cost of Fund
(Disclaimer : The published report is just unaudited 4th quarter report, the final audited balance-sheet may vary. Thus, investors are suggested to make their investment decisions based on their risk bearing capacity. )