Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) announced a net gain of Rs. 11.45 crores for the fourth quarter of Fiscal Year 2081/82, showcasing an extraordinary 255.80% rise from Rs. 3.21 crores in the same quarter of last year.
The firm’s operating profit surged by 232.33% to Rs. 16.36 crores, up from Rs. 4.92 crores in Q4 of the preceding fiscal year. This significant increase was primarily fueled by a 43.03% expansion in net interest income, which hit Rs. 36.72 crores.
Deposits experienced an 11.23% escalation to Rs. 1.83 arba, whereas loans and advances to clients grew by 14.52% to Rs. 5.24 arba. Additionally, borrowings saw a rise of 20.25% to Rs. 2.91 arba. The organization’s paid-up capital reached Rs. 36.99 crores, reflecting a 14.75% year-on-year increase.
Mahuli’s retained profits soared to Rs. 12.42 crores, marking a remarkable 369.26% growth, while total reserves climbed to Rs. 29.89 crores. The firm’s capital adequacy ratio improved to 11.46%, compared to 9.72% a year earlier.
Nevertheless, the Non-Performing Loan (NPL) ratio rose to 4.80% from 3.94%, suggesting a decline in asset quality. Conversely, the cost of funds fell notably to 7.51% from 9.72%.
The Annualized Earnings Per Share (EPS) surged by 210.07% to Rs. 30.96, while the net worth per share increased to Rs. 214.39. By the quarter’s end, Mahuli’s market price was set at Rs. 1,296.01, with a Price-to-Earnings (PE) ratio of 41.86 times.a
