Despite of 74.57% hike in net profit of Manjushree Finance, EPS slides to Rs 11.43; Gurkhas Finance EPS slides to Rs 5.18

Despite of 74.57% hike in net profit of Manjushree Finance, EPS slides to Rs 11.43; Gurkhas Finance EPS slides to Rs 5.18

- ShareSansar, January 22, 2018  on Featured , Financial Analysis , Latest , Stock Market
Manjushree Finance Limited (MFIL) has posted net profit of Rs 4.14 crore in the second quarter of the FY 2074/75.
As per the unaudited report published today, the finance has shown operating profit of Rs 3.89 crore in the Q2 of FY 2074/75.
The finance has collected Rs 4.83 arba in deposits and disbursed Rs 4.39 arba in loans in Q2 as compared to Rs 3.18 arba in deposits and Rs 2.97 arba in loans in the corresponding quarter last year.
Its current paid up capital stands at Rs 72.43 crore with reserve of Rs 13.91 crore.
Its non-performing loan (NPL) decreased to 2.38 % from 2.63%.
Its annualized EPS stands at Rs 11.43, net worth per share stands at Rs 119.21 and P/E ratio at 12.42 times.
Major Highlights:
Particulars (In Rs ‘000)MFIL
Q2 2074/75Q2 2073/74Difference
Paid Up Capital       724,379      285,741153.51%
Reserve & Surplus       139,117        51,883168.14%
Deposits    4,839,697   3,188,24751.80%
Borrowings         37,900      837,900-95.48%
Loans & Advances    4,390,639   2,970,59847.80%
Net Interest Income         74,553        59,58525.12%
Provision for possible losses            4,647        13,460-65.48%
Operating Profit         38,943        35,9398.36%
Net Profit         41,400        23,71574.57%
NPL (%)2.382.63-9.51%
 Annualized EPS (In Rs.)           11.43          16.60-31.14%
Net Worth per Share (In Rs.)         119.21        118.160.89%
P/E Ratio (In times)12.42
 Gurkhas Finance Limited (GUFL) has posted net profit of Rs 2.24 crore in the second quarter of the FY 2074/75.
As per the unaudited report published today, the finance has shown operating profit of Rs 20.38 crore in the Q2 of FY 2074/75.
The finance has collected Rs 4.52 arba in deposits and disbursed Rs 4.01 arba in loans in Q2 as compared to Rs 3.39 arba in deposits and Rs 2.96 arba in loans in the corresponding quarter last year.
Its current paid up capital stands at Rs 86.79 crore with reserve of Rs 34.34 crore.
Its non-performing loan (NPL) increased to 3.58% from 2.11%.
Its annualized EPS stands at Rs 5.18, net worth per share stands at Rs 139.57 and P/E ratio at 27.23 times.
Major Highlights:
Particulars (In Rs ‘000)GUFL
Q2 2074/75Q2 2073/74Difference
Paid Up Capital       867,994      578,66250.00%
Reserve & Surplus       343,484      292,18217.56%
Deposits    4,520,948   3,399,87232.97%
Borrowings         41,400                 –#DIV/0!
Loans & Advances    4,008,414   2,967,25935.09%
Net Interest Income         98,701      131,583-24.99%
Provision for possible losses         30,932      146,679-78.91%
Operating Profit         20,382       (40,117)-150.81%
Net Profit         22,470      107,023-79.00%
NPL (%)3.582.1169.67%
 Annualized EPS (In Rs.)              5.18          36.99-86.00%
Net Worth per Share (In Rs.)         139.57        150.49-7.26%
P/E Ratio (In times)27.23

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