Mahuli Laghubitta Bittiya Sanstha Ltd. (MSLB) : Net Profit Surges by 255.80%
Author
NEPSE TRADING
Mahuli Laghubitta has recorded a significant growth in profitability for the fourth quarter of FY 2082. The company posted a net profit of NPR 114.5 million, compared to NPR 32.1 million in the same period last year — marking a 255.80% increase. This sharp rise is primarily due to a surge in interest income and a notable decline in impairment charges.
2. Interest Income Up by 43%
Net interest income climbed by 43.02%, reaching NPR 367.3 million, compared to NPR 256.8 million in FY 2081. The rise indicates better loan expansion and effective interest income management by the company. This formed the backbone of the institution’s strong operating revenue.
3. Operating Income Grew by 36.30%
Total operating income rose from NPR 307.9 million to NPR 419.7 million, a 36.30% increase year-over-year. Other operating income grew slightly by 2.52%, reaching NPR 52.4 million. This cumulative growth reflects a strong financial and operational position.
4. Impairment Charge Halved, Operating Profit Soars 232%
Impairment charges dropped significantly from NPR 37.7 million in FY 2081 to just NPR 17.7 million in FY 2082. As a result, operating profit jumped by 232.33%, reaching NPR 163.6 million from just NPR 49.2 million last year.
5. EPS Tripled, Strong Distributable Profit
The company’s Earnings Per Share (EPS) skyrocketed from NPR 9.98 to NPR 30.96. Distributable EPS also rose from NPR 8.21 to NPR 33.57. Distributable profit now stands at NPR 124.2 million, highlighting a strong position for potential dividend distribution in the upcoming fiscal year.
6. Paid-Up Capital and Reserves Strengthened
Mahuli Laghubitta increased its paid-up capital from NPR 322.4 million to NPR 369.9 million — a 14.75% increase. Similarly, total reserves and surplus surged by 35.49%, reaching NPR 423.1 million, up from NPR 312.3 million the previous year.
7. Deposits and Loans Expanded
As of Ashad-end 2082, deposits and borrowings increased by 16.60%, totaling NPR 4.74 billion, up from NPR 4.07 billion in 2081. Likewise, loan and advances rose by 14.52%, reaching NPR 5.25 billion — reflecting the company’s expanded credit portfolio.
8. Key Financial Indicators Remain Strong
Indicator | FY 2082 |
|---|---|
Net Worth Per Share | NPR 214.39 |
Price-to-Earnings (P/E) Ratio | 41.86 times |
Capital Fund to RWA | 11.46% |
Non-Performing Loan (NPL) | 4.80% |
Cost of Fund | 7.51% |
Base Rate | 12.68% |
Interest Rate Spread | 7.04% |
These indicators confirm the institution’s stable risk management, profitability efficiency, and cost control measures.
Mahuli Laghubitta has demonstrated a robust financial performance in FY 2082 Q4, with major improvements in net profit, EPS, reserves, and loan expansion. The dramatic drop in impairment charges, growth in interest income, and strong distributable earnings underscore effective management and operational strategy. With strong capital reserves and financial ratios, the institution stands well-positioned for sustainable growth and potential dividend distribution.
