गणपति लघुवित्तको आव २०८३/०८४ को प्रथम त्रैमासिक वित्तीय विवरणGanapati Laghubitta: Q1 Unaudited Financial Results (2083/84)
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 16, 2026
Unaudited Financial Results
As on Quarter ended 31st Ashoj 2083 (October 17th 2026)
Condensed Statement of Financial Position
As on Quarter ended 31st Ashoj 2083 (October 17th 2026)
| Particulars | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| Assets | ||
| Cash and Cash Equivalents | 134,281,649.84 | 53,796,547.83 |
| Statutory Balances and due from Nepal Rastra Bank | 12,300,000.00 | 87,300,000.00 |
| Placement with Bank & Financial Institutions | - | - |
| Derivative Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loan and advances to MFIs & Cooperatives | - | - |
| Loans and Advances to Customers | 2,323,618,750.26 | 2,289,333,451.40 |
| Investment Securities | - | - |
| Current Tax Assets | 17,748,687.09 | 17,691,555.09 |
| Investment Property | - | - |
| Property and Equipment | 7,026,058.43 | 7,425,783.61 |
| Goodwill and Intangible Assets | 677,394.50 | 704,522.28 |
| Deferred Tax Assets | 3,599,458.00 | 2,550,755.62 |
| Other Assets | 33,818,687.93 | 36,266,478.99 |
| Total Assets | 2,533,070,686.05 | 2,495,069,094.82 |
| Liabilities | ||
| Due to Bank and Financial Institutions | - | - |
| Due to Nepal Rastra Bank | - | - |
| Derivative Financial Instruments | - | - |
| Deposits from Customers | 535,659,900.24 | 525,931,739.70 |
| Borrowings | 1,655,569,337.06 | 1,635,313,800.36 |
| Current Tax Liabilities | 20,900,494.06 | 18,628,264.01 |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other Liabilities | 76,389,439.65 | 75,745,272.90 |
| Debt Securities Issued | - | - |
| Subordinated Liabilities | - | - |
| Total Liabilities | 2,288,519,171.01 | 2,255,619,076.97 |
| Equity | ||
| Share Capital | 151,554,532.50 | 151,554,532.50 |
| Share Premium | - | - |
| Retained Earnings | -9,686,762.85 | -6,780,406.32 |
| Reserves | 102,683,745.39 | 94,675,891.67 |
| Total Equity | 244,551,515.04 | 239,450,017.85 |
| Total Liabilities and Equity | 2,533,070,686.05 | 2,495,069,094.82 |
Statement of Distributable Profit or Loss
Upto First Quater Ended 2083
As per NRB Regulation
Particulars Upto This Quarter
Opening Retained earning (2083/04/01) -6,780,406.32
Net profit or (loss) as per Profit & loss account 4,802,052.49
1.Appropriations:
1.1 Profit required to be appropriated to: 1,152,492.60
a. General Reserve 960,410.50
b. Corporate Social Responsibility Fund 48,020.52
c. Client Protection Fund 144,061.57
d. Other -
1.2 Profit or (loss) before regulatory adjustment 6,555,916.43
a. Transfertred to Regulatory Resreve 6,555,916.43
b. Transferred from Regulatory Reserve -
Profit & (Loss) Upto First Quarter available for Distributable -9,686,762.85
Note:
1. Figures presented above may vary with the audited figures if instructed by regulators/statutory auditor.
2. The microfinance has applied alternative treatment in the carve outs issued by the Institute of Chartered Accountants of Nepal with respect to the Impairment of Loans and Advances.
3. Loans and Advances are presented net of impairment charges
4. Actuarial Valuation has been done on annual basis for Employee Benefits.
5. Figures are regrouped/rearranged/restated wherever necessary for consistent and fair presentation and comparison.
Interest Rate
1. Deposit 7.5 % to 8.55% 2. Loan and Advances 13.86% to 15%
धितोपत्र दर्ता तथा निष्कासन नियमावली २०७३ को अनुसूची-१४ (नियम २६ को उप नियम (१) सँग सम्बन्धित)
आ.व २०८३/०८४ को प्रथम त्रैमासिक प्रतिवेदन
१) वित्तीय विवरण:
(क) त्रैमासिक अवधिको वासलात, नाफा नोक्सान सम्बन्धी विवरण : आ.व. २०८३/०८४ को प्रथम त्रैमासिक अवधिको अपरिष्कृत (Unaudited) वासलात, नाफा नोक्सान, वितरण योग्य मुनाफा सम्बन्धी विवरण यसै साथ प्रकाशित गरिएको छ र सो विवरण यस वित्तीय संस्थाको सूचना पाटी तथा वेवसाईट www.ganapatimicro.com.np मा समेत राखिएको छ ।
(ख) प्रमुख वित्तीय अनुपातहरु:
प्रति शेयर आम्दानी अनुपात (वार्षिकमा) मूल्य आम्दानी अनुपात (P/E Ratio) तरलता अनुपात प्रति शेयर नेटवर्थ प्रति शेयरकुल सम्पत्तिको मूल्य
१२.६७ ८४.५७ २७.३६ १६१.३६ १,६७१.३९
२. व्यवस्थापकीय विश्लेषण:
(क) त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सो को प्रमुख कारण सम्बन्धी विवरण :
हाल वित्तीय बजारमा तरलता वृद्धि हुन गई अर्थतन्त्रमा पर्न गएको असर र बैंक तथा वित्तीय संस्थाबाट लिइएको थोक विपन्न कर्जाको ब्याजदर कमी हुन गई कोषको लागतमा कमी भएको छ । संस्थाको मौज्दात, आम्दानी, तरलताको अवस्था र समग्र वित्तीय अवस्था सन्तोषजनक रहेको छ । समिक्षाको अवधिमा वित्तीय संस्थाको सदस्य संख्या, ऋणी संख्या,
| Particulars | Current Year This Quarter | Current Year Upto This Quarter | Previous Year Corresponding This Quarter | Previous Year Corresponding Upto This Quarter |
|---|---|---|---|---|
| Interest Income | 76,478,429.73 | 76,478,429.73 | 86,877,377.56 | 86,877,377.56 |
| Interest Expense | 32,088,972.61 | 32,088,972.61 | 37,835,470.88 | 37,835,470.88 |
| Net Interest Income | 44,389,457.12 | 44,389,457.12 | 49,041,906.68 | 49,041,906.68 |
| Fee and Commission Income | 347,137.42 | 347,137.42 | 241,661.19 | 241,661.19 |
| Fee and Commission Expense | 111,820.00 | 111,820.00 | 168,237.45 | 168,237.45 |
| Net Fee and Commission Income | 235,317.42 | 235,317.42 | 73,423.74 | 73,423.74 |
| Net Interest, Fees and Commission Income | 44,624,774.54 | 44,624,774.54 | 49,115,330.42 | 49,115,330.42 |
| Net Trading Income | - | - | - | - |
| Other Operating Income | 2,222,122.71 | 2,222,122.71 | 2,041,354.42 | 2,041,354.42 |
| Total Operating Income | 2,222,122.71 | 2,222,122.71 | 2,041,354.42 | 2,041,354.42 |
| Impairment Charge/(reversal) for Loans and Other Losses | 4,811,480.38 | 4,811,480.38 | -2,058,538.09 | -2,058,538.09 |
| Net operating Income | 42,035,416.87 | 42,035,416.87 | 53,215,222.93 | 53,215,222.93 |
| Operating Expense | - | - | - | - |
| Personnel Expenses | 28,504,661.54 | 28,504,661.54 | 30,494,466.95 | 30,494,466.95 |
| Other Operating Expenses | 6,131,951.78 | 6,131,951.78 | 5,604,972.00 | 5,604,972.00 |
| Depreciation & Amortization | 537,006.12 | 537,006.12 | 526,481.42 | 526,481.42 |
| Operating Profit | 6,861,797.43 | 6,861,797.43 | 16,589,302.56 | 16,589,302.56 |
| Non-Operating Income | 2,659.47 | 2,659.47 | 13,226.20 | 13,226.20 |
| Non-Operating Expense | 4,381.91 | 4,381.91 | - | - |
| Profit before Income Tax | 6,860,074.99 | 6,860,074.99 | 16,602,528.76 | 16,602,528.76 |
| Income Tax Expense | - | - | - | - |
| Current Tax | 2,058,022.50 | 2,058,022.50 | 4,980,758.63 | 4,980,758.63 |
| Deferred Tax | - | - | - | - |
| Profit for the Period | 4,802,052.49 | 4,802,052.49 | 11,621,770.13 | 11,621,770.13 |
Condensed Statement of Comprehensive Income
Amount (NPR)
| Particulars | Current Year This Quarter | Current Year Upto This Quarter | Previous Year Corresponding This Quarter | Previous Year Corresponding Upto This Quarter |
|---|---|---|---|---|
| Profit or loss for the Period | 4,802,052.49 | 4,802,052.49 | 11,621,770.13 | 11,621,770.13 |
| Other Comprehensive Income | - | - | - | - |
| Total Comprehensive Income | 4,802,052.49 | 4,802,052.49 | 11,621,770.13 | 11,621,770.13 |
| Earnings per Share | - | - | - | - |
| Basic earnings per share | - | 12.67 | - | 30.67 |
| Annualized Basic Earnings per share | - | 12.67 | - | 30.67 |
| Diluted earnings per share | - | 12.67 | - | 30.67 |
Ratios as per NRB Directive
For the First Quater Ended Ashoj 2083
| Particulars | Current Year This Quarter Upto This Quarter | Previous Year Corresponding This Quarter Upto This Quarter |
|---|---|---|
| Capital Fund to RWA | - | - |
| Non Performng loan(NPL) to Total Loan | - | - |
| Total Loan Loss Provision to Total NPL | - | - |
| Cost of Funds | - | - |
| Credit to Deposit and Borrowing Ratio | - | - |
| Base Rate | - | - |
| Interest Rate Spread | - | - |
लगानीमा रहेको कर्जा रकम, बचत रकम, संस्थाको मौज्दात, तरलता र आम्दानीमा परिवर्तन भएको छ। वित्तीय सूचकहरू सन्तोषजनक रहेको छ ।
(ख) आगामी अवधिको व्यावसायिक योजना सम्बन्धमा व्यवस्थापनको विश्लेषणात्मक विवरणः
राष्ट्रिय स्तरको यस वित्तीय संस्थाले स्वाभाविक वृद्धि (Natural Growth) लाई आफ्नो प्रमुख लक्ष्यको रूपमा अगाडि सारेको छ । फलस्वरूप हालसम्म ४३ वटा शाखा कार्यालय मार्फत ग्राहक सदस्यहरूलाई आधुनिक तथा गुणस्तरीय वित्तीय सेवा प्रदान गर्दै आएको छ । साथै वित्तीय बजारमा उत्पन्न भएको विषम परिस्थिति एवं अन्य चुनौतीहरूको सामना गर्दै नकारात्मक प्रभावलाई न्यूनिकरण गर्दै जान हरसम्भव प्रयासहरू गर्दै लगिने छ ।
(ग) विगतको अनुभवबाट, संगठित संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा तात्त्विक असर पार्न सक्ने घटना, अवस्था आदी भएमा सो सम्बन्धी विश्लेषणात्मक विवरण ः
लघुवित्त क्षेत्रमा देखिएको समस्याको कारण केही केन्द्र बैठकहरू नियमित तवरले बस्न नसकेका कारण कर्जा असुलीमा समस्या देखिएको यो अवस्था नियमित रहेमा भविष्यमा तरलता जोखिम बढ्नसक्ने देखिन्छ । साथै लघुवित्त क्षेत्रमा गरिने नकारात्मक टिका टिप्पणी, लघुवित्त वित्तीय संस्थामा देखिएको अस्वस्थ प्रतिस्पर्धा, बहुबैंकिङ कारोबार र कर्जाको अधिकभार जस्ता कारणले पनि वित्तीय संस्थालाई नकारात्मक प्रभाव पारेको देखिएकोले यसलाई कम गर्न कर्जा सूचना केन्द्रको प्रभावकारीता गर्दा क्रमशः जोखिम कम हुँदै जाने र विस्तारै असल ग्राहकहरूको पहिचान हुनेछन । साथै पछिल्लो समय नियमनकारी निकायको नीति निर्देशनमा संशोधन र सदस्यको आय स्तरमा भएको कमीका कारण संस्थाको मौज्दात, नाफा र नगद प्रवाहमा असर पार्न सक्ने देखिन्छ ।
३. कानूनी कारबाही सम्बन्धी विवरणः
(क) त्रैमासिक अवधिमा संगठित संस्थाले कुनै पनि मुद्दा दायर नगरेको र संस्थाको विरुद्ध कुनै मुद्दा दायर भएको सूचना प्राप्त नभएको ।
(ख) संगठित संस्थाको संस्थापक र संचालक विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर नभएको ।
(ग) कुनै संस्थापक वा संचालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर नभएको ।
४. संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण
(क) धितोपत्र बजारमा भएको संगठित संस्थाको शेयरको कारोबार सम्बन्धमा व्यवस्थापनको धारणा ः
शेयर कारोबार धितोपत्र बजारबाट निर्देशित हुने हुँदा व्यवसायको वृद्धि संगै कारोबार मूल्य सकारात्मकता तर्फ उन्मुख हुनु स्वभाविक हो । विविध कारणहरुको असर स्वरूप मूल्यमा उतार चढाव आएता पनि हालसम्मको कारोबार सन्तोषजनक रहेको छ ।
(ख) त्रैमासिक अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिम मूल्य, कारोबार भएको कुल दिन तथा कारोबार संख्या ः
नेपाल स्टक एक्सचेञ्ज लिमिटेडको वेवसाइड www.nepalstock.com को अनुसार प्रथम त्रैमासिक अवधिमा शेयर सम्बन्धी कारोबार देहाय बमोजिम रहेको छ ।
अधिकतम मूल्य न्यूनतम मूल्य अन्तिम मूल्य कारोबार दिन कारोबार संख्या कारोबार रकम कारोबार कित्ता कैफियत
१,३१३.०० १,००७.०० १,०७१.९ ६१.०० ९२१.०० ३,५७,५८,६४५.८० ३१,५४१.००
५. समस्या तथा चुनौती
क) नियामक निकायको नीति तथा नियमनमा आउन सक्ने परिवर्तन ।
ख) अनुभवी तथा दक्ष कर्मचारीहरूको अभाव हुनु, पुराना तथा दक्ष कर्मचारीहरूको बर्हिगमन हुनु ।
ग) वित्तीय बजारमा देखिएको अस्थिरताबाट पर्न सक्ने अप्रत्याशित उतार चढावको चुनौती ।
घ) सदस्यहरूको व्यवसाय पूर्वत संचालन तथा वैकल्पिक आयस्रोत समेत नहुनु ।
ङ) लघुवित्त क्षेत्रमा भएको नकारात्मक टिका टिप्पणीको कारणले कर्जा असुलीमा चुनौती हुनु ।
च) सदस्यहरूमा वित्तीय साक्षरता र बैंक तथा वित्तीय संस्थाहरूप्रति वित्तीय अनुपालनाको कमी ।
६. संस्थागत सुशासन
(क) नेपाल राष्ट्र बैंकबाट जारी संस्थागत सुशासन लगायतका निर्देशनहरू पालना गर्नुको साथै प्रचलित ऐनहरू : कम्पनी ऐन २०६३, बैंक तथा वित्तीय संस्था सम्बन्धी ऐन २०७३, नेपाल राष्ट्र बैंक ऐन २०५८, धितोपत्र ऐन २०६३, आयकर ऐन २०५८, आदि पालना गरिएको छ ।
(ख) वित्तीय संस्थाको प्रबन्धपत्र, नियमावली, कर्मचारी सेवा विनियमावली, आर्थिक प्रशासन विनियमावली, वित्तीय सेवा निर्देशिका, आन्तरिक लेखापरीक्षण निर्देशिका, सम्पत्ति दायित्व व्यवस्थापन नीति, लगानी नीति लगायतका नीति, नियम, निर्देशिकाहरू बनाई पालना गरिएको छ ।
(ग) वित्तीय संस्थाले आफ्नो कारोबारलाई चुस्त, दुरुस्त छिटो छरितो एवं आन्तरिक नियन्त्रण प्रणालीलाई प्रभावकारी बनाउन संचालक समिति तहमा लेखापरीक्षण समिति, जोखिम व्यवस्थापन समिति, कर्मचारी सेवा सुविधा समिति र सम्पत्ती शुद्धिकरण अनुगमन उपसमिति गठन गरेको छ ।
७. सत्य, तथ्यता सम्बन्धमा अध्यक्ष/कार्यकारी प्रमुखको उदघोषन ः
आजका मितिसम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरूको शुद्धता सम्बन्धमा म व्यक्तिगत रुपमा उत्तरदायित्व लिन्छु । साथै म यो उदघोष गर्दछु की मैले जाने बुझे सम्म यस प्रतिवेदनमा उल्लेखित विवरणहरू सत्य, तथ्य र पूर्ण छन् र लगानीकर्ताहरूलाई सुसूचित निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरू लुकाइएको छैन ।
Unaudited Financial Results
As on Quarter ended 31st Ashoj 2083 (October 17th 2026)
Condensed Statement of Financial Position
As on Quarter ended 31st Ashoj 2083 (October 17th 2026)
| Particulars | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| Assets | ||
| Cash and Cash Equivalents | 134,281,649.84 | 53,796,547.83 |
| Statutory Balances and due from Nepal Rastra Bank | 12,300,000.00 | 87,300,000.00 |
| Placement with Bank & Financial Institutions | - | - |
| Derivative Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loan and advances to MFIs & Cooperatives | - | - |
| Loans and Advances to Customers | 2,323,618,750.26 | 2,289,333,451.40 |
| Investment Securities | - | - |
| Current Tax Assets | 17,748,687.09 | 17,691,555.09 |
| Investment Property | - | - |
| Property and Equipment | 7,026,058.43 | 7,425,783.61 |
| Goodwill and Intangible Assets | 677,394.50 | 704,522.28 |
| Deferred Tax Assets | 3,599,458.00 | 2,550,755.62 |
| Other Assets | 33,818,687.93 | 36,266,478.99 |
| Total Assets | 2,533,070,686.05 | 2,495,069,094.82 |
| Liabilities | ||
| Due to Bank and Financial Institutions | - | - |
| Due to Nepal Rastra Bank | - | - |
| Derivative Financial Instruments | - | - |
| Deposits from Customers | 535,659,900.24 | 525,931,739.70 |
| Borrowings | 1,655,569,337.06 | 1,635,313,800.36 |
| Current Tax Liabilities | 20,900,494.06 | 18,628,264.01 |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other Liabilities | 76,389,439.65 | 75,745,272.90 |
| Debt Securities Issued | - | - |
| Subordinated Liabilities | - | - |
| Total Liabilities | 2,288,519,171.01 | 2,255,619,076.97 |
| Equity | ||
| Share Capital | 151,554,532.50 | 151,554,532.50 |
| Share Premium | - | - |
| Retained Earnings | -9,686,762.85 | -6,780,406.32 |
| Reserves | 102,683,745.39 | 94,675,891.67 |
| Total Equity | 244,551,515.04 | 239,450,017.85 |
| Total Liabilities and Equity | 2,533,070,686.05 | 2,495,069,094.82 |
Statement of Distributable Profit or Loss
Upto First Quater Ended 2083
As per NRB Regulation
Particulars Upto This Quarter
Opening Retained earning (2083/04/01) -6,780,406.32
Net profit or (loss) as per Profit & loss account 4,802,052.49
1.Appropriations:
1.1 Profit required to be appropriated to: 1,152,492.60
a. General Reserve 960,410.50
b. Corporate Social Responsibility Fund 48,020.52
c. Client Protection Fund 144,061.57
d. Other -
1.2 Profit or (loss) before regulatory adjustment 6,555,916.43
a. Transfertred to Regulatory Resreve 6,555,916.43
b. Transferred from Regulatory Reserve -
Profit & (Loss) Upto First Quarter available for Distributable -9,686,762.85
Note:
1. Figures presented above may vary with the audited figures if instructed by regulators/statutory auditor.
2. The microfinance has applied alternative treatment in the carve outs issued by the Institute of Chartered Accountants of Nepal with respect to the Impairment of Loans and Advances.
3. Loans and Advances are presented net of impairment charges
4. Actuarial Valuation has been done on annual basis for Employee Benefits.
5. Figures are regrouped/rearranged/restated wherever necessary for consistent and fair presentation and comparison.
Interest Rate
1. Deposit 7.5 % to 8.55% 2. Loan and Advances 13.86% to 15%
Securities Registration and Issuance Regulations, 2073, Schedule-14 (Relating to Sub-rule (1) of Rule 26)
First Quarterly Report of F.Y. 2083/084
1) Financial Statements:
(a) Balance Sheet, Profit and Loss Statement of the Quarterly Period: Unaudited Balance Sheet, Profit and Loss, and Distributable Profit details for the First Quarter of F.Y. 2083/084 have been published herewith and also placed on the notice board and website www.ganapatimicro.com.np of this financial institution.
(b) Major Financial Ratios:
Earnings Per Share Ratio (Annualized) Price Earnings Ratio (P/E Ratio) Liquidity Ratio Net Worth Per Share Value of Total Assets Per Share
12.67 84.57 27.36 161.36 1,671.39
2. Management Analysis:
(a) Details regarding major reasons for changes in the institution's balance, income, and liquidity during the quarterly period:
With the increase in liquidity in the financial market, the impact on the economy and the decrease in interest rates on wholesale deprived sector loans taken from banks and financial institutions have reduced the cost of funds. The institution's balance, income, liquidity position, and overall financial condition remain satisfactory. During the review period, the institution's member count, borrower count,
| Particulars | Current Year This Quarter | Current Year Upto This Quarter | Previous Year Corresponding This Quarter | Previous Year Corresponding Upto This Quarter |
|---|---|---|---|---|
| Interest Income | 76,478,429.73 | 76,478,429.73 | 86,877,377.56 | 86,877,377.56 |
| Interest Expense | 32,088,972.61 | 32,088,972.61 | 37,835,470.88 | 37,835,470.88 |
| Net Interest Income | 44,389,457.12 | 44,389,457.12 | 49,041,906.68 | 49,041,906.68 |
| Fee and Commission Income | 347,137.42 | 347,137.42 | 241,661.19 | 241,661.19 |
| Fee and Commission Expense | 111,820.00 | 111,820.00 | 168,237.45 | 168,237.45 |
| Net Fee and Commission Income | 235,317.42 | 235,317.42 | 73,423.74 | 73,423.74 |
| Net Interest, Fees and Commission Income | 44,624,774.54 | 44,624,774.54 | 49,115,330.42 | 49,115,330.42 |
| Net Trading Income | - | - | - | - |
| Other Operating Income | 2,222,122.71 | 2,222,122.71 | 2,041,354.42 | 2,041,354.42 |
| Total Operating Income | 2,222,122.71 | 2,222,122.71 | 2,041,354.42 | 2,041,354.42 |
| Impairment Charge/(reversal) for Loans and Other Losses | 4,811,480.38 | 4,811,480.38 | -2,058,538.09 | -2,058,538.09 |
| Net operating Income | 42,035,416.87 | 42,035,416.87 | 53,215,222.93 | 53,215,222.93 |
| Operating Expense | - | - | - | - |
| Personnel Expenses | 28,504,661.54 | 28,504,661.54 | 30,494,466.95 | 30,494,466.95 |
| Other Operating Expenses | 6,131,951.78 | 6,131,951.78 | 5,604,972.00 | 5,604,972.00 |
| Depreciation & Amortization | 537,006.12 | 537,006.12 | 526,481.42 | 526,481.42 |
| Operating Profit | 6,861,797.43 | 6,861,797.43 | 16,589,302.56 | 16,589,302.56 |
| Non-Operating Income | 2,659.47 | 2,659.47 | 13,226.20 | 13,226.20 |
| Non-Operating Expense | 4,381.91 | 4,381.91 | - | - |
| Profit before Income Tax | 6,860,074.99 | 6,860,074.99 | 16,602,528.76 | 16,602,528.76 |
| Income Tax Expense | - | - | - | - |
| Current Tax | 2,058,022.50 | 2,058,022.50 | 4,980,758.63 | 4,980,758.63 |
| Deferred Tax | - | - | - | - |
| Profit for the Period | 4,802,052.49 | 4,802,052.49 | 11,621,770.13 | 11,621,770.13 |
Condensed Statement of Comprehensive Income
Amount (NPR)
| Particulars | Current Year This Quarter | Current Year Upto This Quarter | Previous Year Corresponding This Quarter | Previous Year Corresponding Upto This Quarter |
|---|---|---|---|---|
| Profit or loss for the Period | 4,802,052.49 | 4,802,052.49 | 11,621,770.13 | 11,621,770.13 |
| Other Comprehensive Income | - | - | - | - |
| Total Comprehensive Income | 4,802,052.49 | 4,802,052.49 | 11,621,770.13 | 11,621,770.13 |
| Earnings per Share | - | - | - | - |
| Basic earnings per share | - | 12.67 | - | 30.67 |
| Annualized Basic Earnings per share | - | 12.67 | - | 30.67 |
| Diluted earnings per share | - | 12.67 | - | 30.67 |
Ratios as per NRB Directive
For the First Quater Ended Ashoj 2083
| Particulars | Current Year This Quarter Upto This Quarter | Previous Year Corresponding This Quarter Upto This Quarter |
|---|---|---|
| Capital Fund to RWA | - | - |
| Non Performng loan(NPL) to Total Loan | - | - |
| Total Loan Loss Provision to Total NPL | - | - |
| Cost of Funds | - | - |
| Credit to Deposit and Borrowing Ratio | - | - |
| Base Rate | - | - |
| Interest Rate Spread | - | - |
There have been changes in loan amount, savings amount, institution's balance, liquidity, and income. Financial indicators are satisfactory.
(b) Analytical description of management regarding future business plan:
This national-level financial institution has put forward Natural Growth as its main target. Consequently, modern and quality financial services are being provided to customer members through 43 branch offices so far. In addition, every possible effort will continue to be made to minimize the negative impact while facing adverse conditions and other challenges arising in the financial market.
(c) Analytical description of events, circumstances, etc., that could have a material impact on the institution's balance, profit, or cash flow based on past experience:
Due to problems seen in the microfinance sector, some center meetings could not be held regularly, leading to issues in loan recovery. If this situation continues, liquidity risk appears likely to increase in the future. Negative comments made in the microfinance sector, unhealthy competition seen among microfinance financial institutions, multiple banking transactions, and over-indebtedness have also adversely affected the financial institution. Using Credit Information Bureau effectively will gradually reduce risks and identify good clients over time. Furthermore, recent amendments to regulatory policies and directives and a drop in member income levels appear capable of affecting the institution's reserves, profits, and cash flow.
3. Details Regarding Legal Actions:
(a) No lawsuit has been filed by the organized institution during the quarterly period, and no notice of any lawsuit filed against the institution has been received.
(b) No lawsuit has been filed regarding disobedience of prevailing regulations or commission of a criminal offense against the promoters and directors of the organized institution.
(c) No lawsuit has been filed regarding financial crime against any promoter or director.
4. Analysis Regarding Share Transactions of the Organized Institution
(a) Management's perspective on share transactions of the organized institution in the securities market:
Since share transactions are directed by the securities market, transaction prices naturally tend toward positive movement along with business growth. Despite price fluctuations resulting from various factors, trading so far has been satisfactory.
(b) Maximum, minimum, closing price, total trading days, and number of trades of shares during the quarterly period:
According to the website of Nepal Stock Exchange Limited www.nepalstock.com, transactions related to shares during the first quarter are as follows:
Maximum Price Minimum Price Closing Price Trading Days Number of Trades Transaction Amount Transaction Quantity Remarks
1,313.00 1,007.00 1,071.9 61.00 921.00 3,57,58,645.80 31,541.00
5. Problems and Challenges
a) Potential changes in regulatory policies and regulations.
b) Lack of experienced and skilled employees, and departure of existing skilled staff.
c) Challenges of unexpected volatility arising from instability in the financial market.
d) Members' businesses not operating as before and lack of alternative income sources.
e) Challenges in loan recovery due to negative commentary in the microfinance sector.
f) Lack of financial literacy and financial compliance towards banks and financial institutions among members.
6. Corporate Governance
(a) Directives including corporate governance issued by Nepal Rastra Bank are complied with, along with prevailing acts: Companies Act 2063, Banks and Financial Institutions Act 2073, Nepal Rastra Bank Act 2058, Securities Act 2063, Income Tax Act 2058, etc.
(b) The institution's Memorandum of Association, Articles of Association, Employee Service Regulations, Financial Administration Regulations, Financial Service Guidelines, Internal Audit Guidelines, Asset Liability Management Policy, Investment Policy, and other policies, rules, and guidelines have been framed and followed.
(c) To make its transactions lean, efficient, prompt, and internal control systems effective, the institution has formed an Audit Committee, Risk Management Committee, Employee Service and Benefits Committee, and Anti-Money Laundering Monitoring Sub-Committee at the Board of Directors level.
7. Declaration by Chairman / Chief Executive Officer regarding Truth and Accuracy:
I personally take responsibility for the accuracy of the information and details mentioned in this report up to this date. Furthermore, I declare that to the best of my knowledge and belief, the details mentioned in this report are true, factual, and complete, and no details, notices, or information necessary for investors to make informed decisions have been concealed.