Nepal Infrastructure Bank Limited (NIFRA) has published its Q4 report with a slight decline in net profit. The net profit slightly decreased to Rs. 83.64 crores in this quarter from Rs. 84.71 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 20 Arba and reserve and surplus stood at Rs. 2.40 Arba till Q4.
The deposit from customers stood at Rs. 30.16 crores while loans and advances stood at Rs. 2.27 Arba. Placement with BFI’s stood at Rs. 18.28 Arba till Q4.
The net interest income (core business revenue) of the bank increased to Rs. 1.33 Arba in this quarter. The operating profit increased by 7.92% to Rs. 1.18 Arba.
The bank’s EPS stood at Rs. 4.18 and net worth per share stood at Rs. 112. The company traded at a P/E multiple of 117.64 times.
Major Highlights:
Particulars | Nepal Infrastructure Bank Limited | ||
Q4, 2077/2078 | Q4, 2076/2077 | Difference | |
Share Capital | 20,000,000.00 | 12,000,000.00 | 66.67% |
Reserve & Surplus | 2,400,781.00 | 1,634,826.00 | 46.85% |
Loans and Advances | 2,273,152.00 | 574,358.00 | 295.77% |
Deposit from Customers | 301,640.00 | 250,020.00 | 20.65% |
Placement with BFI’s | 18,283,476.00 | 8,784,824.00 | 108.13% |
Net Interest Income | 1,333,536.00 | 1,230,665.00 | 8.36% |
Impairment charge/(Reversal) for loans | 16,824.00 | 4,952.00 | – |
Operating Profit | 1,188,926.00 | 1,101,698.00 | 7.92% |
Net Profit | 836,432.00 | 847,146.00 | -1.26% |
Capital Adequacy Ratio (CAR) | 305.53% | 323.97% | – |
Non-performing Loan (%) | 0.00% | 0.00% | – |
Cost of Funds (%) | 9.40% | 9.40% | – |
Base Rate (%) | 0.00% | 0.00% | – |
CCD Ratio (as per NRB Directives) | 9.63% | 3.54% | – |
EPS (Rs.) | 4.18 | 7.06 | – |
Net Worth per share (Rs.) | 112.00 | 113.62 | – |
Price to Earnings (Times) | 117.64 | – | – |
Price to Book (Times) | 4.39 | – | – |