Tinau Bikash bank shows a decline of 30.94% in Net profit; EPS stood at Rs 14.17

Tinau Bikash Bank has shown a decline in net profit for the 3rd quarter of Rs 5.38 crores which is around 30.94% more than that earned in the corresponding quarter of the previous FY. The net interest income of the company has decreased by 20.17%

The company has increased its paid-up capital by 27.80% to Rs 50.69 crores in the review period, whereas a decline of 9.47% is noticed in the company's reserve. The operating profit has declined by 39.75% than that of the previous 3rd quarterly report. The company has 0.37% Non-performing loan. Staff expenses show a growth of 54.63%.

In terms of the key ratios, the company has a per share earning of Rs 14.17. and has a net worth per share of Rs 125.60. The last traded price was Rs 226.

Positive Sides :

• Company has an adequate capital

Negative Sides :

• shows a decline in net profit by 30.94%.
• Rise in Staff expense by 54.63%

Key Ratios :

• Earning per share : Rs 14.17
• Net worth              : Rs 125.60
• P/E Ratio              : 14.82 times
• P/B Ratio              : 1.80 times
• NPL                      : 0.37