Advertisement
सबै सूचनाहरूAll announcements
आधिकारिक सूचनाOfficial AnnouncementFinancial Analysis
12 Aug, 2026
लक्ष्मी लघुवित्तको चौथो त्रैमासिक वित्तीय विवरण सार्वजनिक

लक्ष्मी लघुवित्तको चौथो त्रैमासिक वित्तीय विवरण सार्वजनिकLaxmi Laghubitta: Q4 Financial Statements Released

वर्ग:Category:
Financial Analysis
प्रकाशित मिति:Published:
Published on August 12, 2026

INTERIM FINANCIAL STATEMENTS

Condensed Statement of Financial Position

As on Quarter Ended 32 Asar,2083

Particular This Quarter Ending (Provisional) Immediate Previous Year Ending(Audited)

Assets
Cash and Cash equivalent1,017,375,436110,455,592
Statutory Balances and Due from Nepal Rastra Bank27,483,00029,983,000
Placement with Bank & Financial Institutions--
Derivative Financial Instruments--
Other Trading Assets--
Loan and Advances to MFIs & Cooperatives--
Loans and Advances to Customers6,079,367,6195,655,975,278
Investment Securities1,195,6001,195,600
Current Tax Assets--
Investment Property--
Property and Equipment34,535,88830,764,841
Goodwill and Intangible assets1,716,4991,716,498
Deferred Tax Assets94,901,46994,901,469
Other Assets109,879,566175,690,903
Total Assets7,366,455,0766,100,683,182
Liabilities
Due to Bank and Financial Institutions--
Due to Nepal Rastra Bank--
Derivative Financial Instrument--
Deposits from Customers2,856,829,8762,606,014,488
Borrowing3,465,345,9472,569,023,011
Current Tax Liabilities8,042,94013,901,279
Provisions--
Deferred Tax Liabilities--
Other Liabilities134,535,392115,514,785
Debt Securities Issued--
Subordinated Liabilities--
Total Liabilities6,464,754,1555,304,453,564
Equity
Share Capital441,662,100441,662,100
Share Premium--
Retained Earnings89,037,4408,904,715
Reserves371,001,381345,662,803
Total Equity901,700,921796,229,619
Total Liabilities and Equity7,366,455,0766,100,683,182
Net assets value per share1,667.891,381.30
Networth Per Share204.16180.28

Statement of distributable profit or loss

For the Quarter ended 32,Asar 2083

(As per NRB Regulation)

Particular Current Year Up to This Qtr YTD-(Provisional) Previous Year Corresponding Qtr YTD-(Audited)

Net profit or (loss) as per statement of profit or loss106,886,75747,212,074
Appropriations:
a. General reserve21,377,3519,442,415
b. Foreign exchange fluctuation fund--
c. Capital redemption reserve--
d. Corporate social responsibility fund1,068,868472,121
e. Employees' training fund-342,205
f. Client Protection Fund2,137,735708,181
g. Other-(1,500,000)
Profit or (loss) before regulatory adjustment82,302,80337,747,152
Regulatory adjustment :
a. Interest receivable (-)/previous accrued interest received (+)(2,170,076)4,399,031
b. Short loan loss provision in accounts (-)/reversal (+)--
c. Short provision for possible losses on investment (-)/reversal (+)-462,867
d. Short loan loss provision on Non Banking Assets (-)/reversal (+)--
e. Deferred tax assets recognized (-)/ reversal (+)-(55,872,306)
f. Goodwill recognized (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognized (-)/reversal (+)--
h. Actuarial loss recognized (-)/reversal (+)-18,479,782
i. Other (+/-)-14,001,959
Net Profit for the Quarter ended Asar end208380,132,72719,218,485
Opening Retained Earning as on Shrawan1,20828,904,715(10,313,770)
Adjustment (+/-)--

Distributions:

- Bonus Shares issued - -

- Cash Dividend Paid - -

Total distributable Profit/(Loss) as on Quarter end date89,037,4408,904,715
Annualized Distributable Profit/Loss Per Share20.162.02

Notes:

1. The interim financial Statements have been prepared in accordance with the NFRS Complaint financial statement format prescribed by Nepal Rastra Bank (NRB) and the principles and policies adopted by the financial institution in accordance with Nepal Financial Reporting Standards (NFRS) with the compliance of Expected Credit Loss (ECL) required by NFRS-9.

2. Loan and advances have been presented net of Impairments and includes employee credit facilities.

3. Financial Statements are subject to review by regulatory authority and statutory auditors.

4. Figures have been regrouped and rearranged as per the necessity.

5. Assets and Liabilities have been presented in their fair value wherever possible.

6. Detail interim financial report has been published in the official website of institution : https://www.laxmilaghu.com.np.

धितोपत्र दर्ता तथा निष्काशन नियमावली २०७३ को नियम २६ को उपनियम (१) अन्तर्गतको अनुसूची-१४ बमोजिम

आ.व. २०८२/८३ को चौथो त्रैमासिक अवधिको विवरण

१. वित्तीय विवरण :

क) त्रैमासिक अवधिको वासलात, नाफा नोक्सान सम्बन्धी विवरण :

आ.व. २०८२/८३ को चौथो त्रैमासिकको अपरिष्कृत वित्तीय विवरण नेपाल वित्तीय प्रतिवेदनमान (Nepal Financial Reporting Standards-NFRS) का आधारमा रही लेखामान बोर्ड (Accounting Standards Board-ASB) बाट जारी भई नेपाल चार्टर्ड एकाउन्टेन्ट्स संस्थाद्वारा (Institute of Chartered Accountants of Nepal-ICAN) अनुपालनका लागि सूचीकृत गरिएका व्यवस्था बमोजिम नेपाल राष्ट्र बैंकद्वारा "घ" वर्गका लघुवित्त वित्तीय संस्थाहरूलाई जारी गरिएको एकीकृत निर्देशन नं. ४ मा निर्दिष्ट भई वित्तीय अवस्थाको प्रतिवेदन, नाफा नोक्सान विवरण, वितरण योग्य मुनाफा र सो सँग सम्बन्धित वित्तीय परिसूचकहरू यसै साथ प्रकाशित गरिएको छ। जसलाई वित्तीय संस्थाको वेबसाइट https://www.laxmilaghu.com.np मा पनि राखिएको छ ।

ख) सम्बन्धित पक्ष बीचको कारोवार :

लक्ष्मी सनराइज बैंक लिमिटेडको सहायक कम्पनीको रूपमा स्थापित यस लक्ष्मी लघुवित्त वित्तीय संस्था लिमिटेडमा संस्थापक शेयरधनी श्री लक्ष्मी सनराइज बैंक लिमिटेडको ७०%, संस्थापक शेयर स्वामित्व रहेको छ भने ३०% शेयर स्वामित्व सर्वसाधारणको रहेको छ। सम्बन्धित

For the quarter ended 31, Asar 2081

Particular Current Year This Quarter Current Year Up to This Quarter (YTD)-(Provisional) Previous Year Corresponding This Quarter Previous Year Corresponding Up to This Quarter (YTD)-(Audited)

Interest Income245,098,403867,327,834255,157,903910,473,013
Interest Expense90,917,973360,758,98198,436,911430,339,969
Net Interest Income154,180,430506,568,853156,720,993480,133,044
Fee and Commission Income12,975,99156,544,88710,280,04747,544,707
Fee and Commission Expense----
Net Fee and Commission Income12,975,99156,544,88710,280,04747,544,707
Net Interest, Fee and Commission Income167,156,421563,113,740167,001,040527,677,751
Net Trading Income----
Other Operating Income2,752,3152,752,3151,081,9061,081,906
Total Operating Income169,908,736565,866,056168,082,946528,759,657
Impairment charge/(reversal) for loans and other losses(21,656,541)341,17592,835,312108,643,301
Net Operating Income191,565,277565,524,88175,247,634420,116,356
Operating Expense119,937,602413,120,773112,607,503387,707,814
Personnel (Staff) Expenses94,868,757338,391,81290,613,980307,552,420
Other Operating Expenses23,038,70868,649,3957,620,72757,299,393
Depreciation & Amortization2,030,1376,079,56614,372,79522,856,001
Operating Profit71,627,675152,404,108(37,359,869)32,408,541
Non Operating Income104,686291,258189,067439,577
Non Operating Expense----
Profit before Income Tax71,732,361152,695,367(37,170,802)32,848,119
Income Tax Expense21,266,32145,808,610(32,945,844)(14,363,956)
Current Tax21,266,32145,808,610(32,945,844)49,385,904
Deferred Tax---(63,749,860)
Profit for the Period50,466,040106,886,757(4,224,958)47,212,074
Condensed Statement of Comprehensive Income50,466,040106,886,757(4,224,958)47,212,074
Profit and (Loss) for the period50,466,040106,886,757(4,224,958)47,212,074
Other Comprehensive Income----
Total Other Comprehensive Income50,466,040106,886,757(4,224,958)47,212,074
Basic earnings per share-24.20-10.69
Diluted earnings per share-24.20-10.69
Ratios as per NRB Directive:
Particulars Current Year This Quarter Current Year Up to This Quarter(YTD) Previous Year Corresponding This Quarter Previous Year Corresponding Up to This Quarter (YTD)
Capital Fund to RWA--
Non-Performing 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--

Interest Rate:

Deposits 7.50% - 9.75%

Loan and Advances 12% - 15%

पक्षसँगको कारोबार अन्तर्गत यस वित्तीय संस्थाको लक्ष्मी सनराइज बैंकिङ्गसँग तपसिल बमोजिमका कारोबारहरू रहेका छन् ।

शेयर स्वामित्व बैंकमा रहेको निक्षेप मौज्दात (रु.) उपभोग गरेको कर्जा सुविधा (रु.) भुक्तानी भएको ब्याज रकम (रु.)

३०,९१,६३,४५० ४५,९१,७६५ २,८४,६८,२८,६४७ १२,५७,९३,९१३

ग) प्रमुख वित्तीय अनुपातहरू :

प्रति शेयर आम्दानी (वार्षिकीकरण) मूल्य आम्दानी अनुपात प्रति शेयर नेटवर्थ प्रति शेयर कुल सम्पत्तिको मूल्य तरलता अनुपात

२४।२० ३८।०१ गुणा २०४।५६ १,६६७।८९ ४.३२

२. व्यवस्थापकीय विश्लेषण :

क) त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सोको प्रमुख कारण सम्बन्धी विवरण: चालू आ.व. २०८०/८१ को चौथो त्रैमाससम्म संस्थाको समग्र वित्तीय अवस्था सन्तोषजनक रहेको छ। अर्थतन्त्रमा देखिएको आर्थिक मन्दी, लघुवित्त संस्था विरुद्ध सञ्चालित गतिविधि, नियमनकारी व्यवस्था जस्ता कारणहरूले गर्दा वित्तीय कारोबारहरूमा असर परेता पनि वित्तीय कारोबारहरूमा क्रमिक सुधारको स्थिति रहेको छ। वित्तीय कारोबारहरू एवम् कर्जा लगानीमा क्रमिक सामान्य सुधारको कारण चालू आ.व.को चौथो त्रैमासको अन्तसम्म सञ्चालन मुनाफा धनात्मक रहेको छ। आन्तरिक तथा बाह्य परिस्थितिबाट सिर्जना हुन सक्ने सम्भावित जोखिमलाई विश्लेषण गर्दै वित्तीय कारोबारहरूलाई निरन्तरता दिँदै आईरहेको छ। आगामी दिनमा वित्तीय कारोबारहरूमा क्रमशः सुधार गर्दै नियमित र निष्क्रिय कर्जाहरूको असुलीमा तीव्रता र न्यून लागतको कोषहरूको परिचालन गर्दै ब्याज आम्दानी र तरलता अवस्था सन्तोषजनक रहने व्यवस्थापनले अनुमान गरेको छ।

ख) आगामी अवधिको व्यावसायिक योजना सम्बन्धमा व्यवस्थापनको विश्लेषणत्मक विवरण :

नेपाल राष्ट्र बैंकबाट "घ" वर्गको इजाजतपत्रप्राप्त राष्ट्रिय स्तरको यस वित्तीय संस्थाले स्थापनाकाल देखि नै वित्तीय पहुँच अभिवृद्धि गराई नेपालको गरिबी न्यूनीकरण, ग्राहक सदस्यहरूको जीवनस्तरमा सुधार, वित्तीय समावेशीकरण बढाउने दृढ संकल्प लिई नेपाल भरी नै लघुवित्त सेवाहरु प्रदान गर्ने अठोटका साथ लघुवित्त कारोबारहरु गर्दै आएको छ। हाल देशका ७ वटा प्रदेश अन्तर्गतका विभिन्न ५७ जिल्लाहरूमा ९० वटा शाखा कार्यालयहरु मार्फत १,१३,५३८ विपन्न घर परिवारहरुमा लघुवित्त सेवा प्रदान गरिरहेको छ। ग्राहक सदस्यहरूलाई वित्तीय साक्षरता कार्यक्रम, ग्राहकहरूको सीप तथा क्षमता अभिवृद्धि तथा विकासको लागि तालिम, विश्वसनीय कारोबारको लागि प्रविधिमैत्री सेवा सुविधाहरु प्रदान, उचित व्यवहार र आचरण सहितका वित्तीय कारोबारको अभ्यासबाट ग्राहक सन्तुष्टिमा अभिवृद्धि गर्दै व्यवसाय विस्तार र वृद्धिको योजना तथा रणनीतिहरु तय गरी कार्य गरिरहेको छ। आगामी दिनमा व्यवसाय विस्तार र वृद्धिको लागि संस्थाले पहुँच नपुगेका घरधुरीमा वित्तीय सेवा उपलब्ध गराउने योजनाहरु तय गरेको छ।

ग) विगतको अनुभवबाट संगठित संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा तात्त्विक असर पार्न सक्ने घटना अवस्था आदि भएमा सो सम्बन्धी विश्लेषणत्मक विवरण :

लघुवित्त संस्था विरुद्ध सञ्चालित गतिविधिहरू, आर्थिक गतिविधिहरूमा भएको शिथिलता लगायतका अन्य बाह्य वातावरणीय प्रभावहरूको कारण ग्राहकहरूबाट कर्जाको किस्ता भुक्तानीमा ढिलासुस्ती, कर्जा मिनाहा सम्बन्धी भ्रम जस्ता समस्याहरूको कारण आ.व.२०८०/८१ को चौथो त्रैमासको कर्जा असुली, नगद प्रवाह, बैंक तथा नगद मौज्दात लगायत नाफा नोक्सानमा प्रतिकूल असर परेको छ। तथापि, उल्लेखित परिस्थिति बीच वित्तीय कारोबारहरू सुचारु हुँदै आईरहेको छ।

३. कानूनी कारवाही सम्बन्धी विवरण :

क) त्रैमासिक अवधिमा वित्तीय संस्थाले वा संस्थाको विरुद्ध कुनै गम्भीर प्रकृतिको मुद्दा दायर भएको छैन र त्यस्तो कुनै सूचना समेत प्राप्त भएको पनि छैन ।

ख) यस संस्थाको संस्थापक वा सञ्चालकले वा संस्थापक वा सञ्चालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर गरेको वा भएको कुनै जानकारी प्राप्त भएको छैन।

ग) कुनै संस्थापक वा सञ्चालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर गरेको वा भएको जानकारी प्राप्त भएको छैन।

४. संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण :

क) दोस्रो बजारमा हुने शेयर सम्बन्धी कारोबारमा विविध समस्याहरूले धितोपत्र बजारलाई असर पारेता पनि यस वित्तीय संस्थाको शेयर कारोबार सन्तोषजनक रूपमा नै भईरहेको छ।

ख) नेपाल स्टक एक्सचेञ्जको वेबसाइट अनुसार गत त्रैमासिक अवधिमा यस संस्थाको शेयरको कारोबार निम्न अनुसारले भएको देखिन्छ ।

अधिकतम मूल्य न्यूनतम मूल्य अन्तिम मूल्य कारोबार दिन कारोबार संख्या

रु. १,०१० रु. ८१९.०० रु. ९१९.९० ६४ ८०२

५. समस्या तथा चुनौती :

वित्तीय संस्थाले भोगेका समस्या तथा चुनौतीहरु निम्नानुसार रहेका छन् ।

- आर्थिक मन्दीको कारण ग्राहकको कृषि, व्यापार, व्यवसाय र रोजगारीमा परेको प्रत्यक्ष प्रभाव ।

- मध्यपूर्वमा भएको युद्धको कारणले कारोबारमा परेको प्रत्यक्ष प्रभाव ।

- लघुवित्त वित्तीय संस्था विरुद्ध सञ्चालित गतिविधिहरुको कारण कर्जा असुली तथा लगानीमा समस्या ।

- लघुवित्त संस्थाहरु बीचको अस्वस्थ प्रतिस्पर्धा, कर्जाको दोहोरोपना, बढ्दो निष्क्रिय कर्जा, कारोबार विस्तारमा बढ्दो जोखिम, दक्ष जनशक्तिको अभाव आदी ।

६. संस्थागत सुशासन :

संस्थाले नेपाल राष्ट्र बैंकबाट जारी संस्थागत सुशासन लगायतका निर्देशनहरू पालना गर्नुका साथै प्रचलित ऐनहरू कम्पनी ऐन २०६३, बैंक तथा वित्तीय संस्था सम्बन्धी ऐन २०७३, नेपाल राष्ट्र बैंक ऐन २०५८, धितोपत्र सम्बन्धी ऐन २०६३, आयकर ऐन २०५८ तथा श्रम ऐन, २०७४ पालना गर्दै आएको छ। संस्थाको नियमन नियम, विनियम, नीति, निर्देशिका र कार्यविधिलाई अनुसरण गर्दै वित्तीय कारोबारहरू सञ्चालन हुँदै आईरहेको छ। आन्तरिक नियन्त्रण प्रणालीलाई चुस्तदुरुस्त र प्रभावकारी बनाउन सञ्चालक समिति तथा व्यवस्थापकीय तहमा विभिन्न समितिहरु गठन गरी विभिन्न समयमा अध्ययन, विश्लेषण पुनरावलोकन र कार्ययोजना बनाई कार्य गर्दै आईरहेको छ।

७. सत्य तथ्य सम्बन्धमा कार्यकारी प्रमुखको उद्घोषण :

आजका मितिसम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरूको शुद्धता सम्बन्धमा म व्यक्तिगत रुपमा उत्तरदायित्व लिन्छु। साथै, म यो उद्घोषण गर्दछु कि मैले जाने बुझे सम्म यस प्रतिवेदनमा उल्लेखित विवरणहरु सत्य तथ्य र पूर्ण छन् र लगानीकर्ताहरुलाई सुसूचित गर्न तथा निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरु लुकाईएको छैन।

INTERIM FINANCIAL STATEMENTS

Condensed Statement of Financial Position

As on Quarter Ended 32 Asar,2083

Particular This Quarter Ending (Provisional) Immediate Previous Year Ending(Audited)

Assets
Cash and Cash equivalent1,017,375,436110,455,592
Statutory Balances and Due from Nepal Rastra Bank27,483,00029,983,000
Placement with Bank & Financial Institutions--
Derivative Financial Instruments--
Other Trading Assets--
Loan and Advances to MFIs & Cooperatives--
Loans and Advances to Customers6,079,367,6195,655,975,278
Investment Securities1,195,6001,195,600
Current Tax Assets--
Investment Property--
Property and Equipment34,535,88830,764,841
Goodwill and Intangible assets1,716,4991,716,498
Deferred Tax Assets94,901,46994,901,469
Other Assets109,879,566175,690,903
Total Assets7,366,455,0766,100,683,182
Liabilities
Due to Bank and Financial Institutions--
Due to Nepal Rastra Bank--
Derivative Financial Instrument--
Deposits from Customers2,856,829,8762,606,014,488
Borrowing3,465,345,9472,569,023,011
Current Tax Liabilities8,042,94013,901,279
Provisions--
Deferred Tax Liabilities--
Other Liabilities134,535,392115,514,785
Debt Securities Issued--
Subordinated Liabilities--
Total Liabilities6,464,754,1555,304,453,564
Equity
Share Capital441,662,100441,662,100
Share Premium--
Retained Earnings89,037,4408,904,715
Reserves371,001,381345,662,803
Total Equity901,700,921796,229,619
Total Liabilities and Equity7,366,455,0766,100,683,182
Net assets value per share1,667.891,381.30
Networth Per Share204.16180.28

Statement of distributable profit or loss

For the Quarter ended 32,Asar 2083

(As per NRB Regulation)

Particular Current Year Up to This Qtr YTD-(Provisional) Previous Year Corresponding Qtr YTD-(Audited)

Net profit or (loss) as per statement of profit or loss106,886,75747,212,074
Appropriations:
a. General reserve21,377,3519,442,415
b. Foreign exchange fluctuation fund--
c. Capital redemption reserve--
d. Corporate social responsibility fund1,068,868472,121
e. Employees' training fund-342,205
f. Client Protection Fund2,137,735708,181
g. Other-(1,500,000)
Profit or (loss) before regulatory adjustment82,302,80337,747,152
Regulatory adjustment :
a. Interest receivable (-)/previous accrued interest received (+)(2,170,076)4,399,031
b. Short loan loss provision in accounts (-)/reversal (+)--
c. Short provision for possible losses on investment (-)/reversal (+)-462,867
d. Short loan loss provision on Non Banking Assets (-)/reversal (+)--
e. Deferred tax assets recognized (-)/ reversal (+)-(55,872,306)
f. Goodwill recognized (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognized (-)/reversal (+)--
h. Actuarial loss recognized (-)/reversal (+)-18,479,782
i. Other (+/-)-14,001,959
Net Profit for the Quarter ended Asar end208380,132,72719,218,485
Opening Retained Earning as on Shrawan1,20828,904,715(10,313,770)
Adjustment (+/-)--

Distributions:

- Bonus Shares issued - -

- Cash Dividend Paid - -

Total distributable Profit/(Loss) as on Quarter end date89,037,4408,904,715
Annualized Distributable Profit/Loss Per Share20.162.02

Notes:

1. The interim financial Statements have been prepared in accordance with the NFRS Complaint financial statement format prescribed by Nepal Rastra Bank (NRB) and the principles and policies adopted by the financial institution in accordance with Nepal Financial Reporting Standards (NFRS) with the compliance of Expected Credit Loss (ECL) required by NFRS-9.

2. Loan and advances have been presented net of Impairments and includes employee credit facilities.

3. Financial Statements are subject to review by regulatory authority and statutory auditors.

4. Figures have been regrouped and rearranged as per the necessity.

5. Assets and Liabilities have been presented in their fair value wherever possible.

6. Detail interim financial report has been published in the official website of institution : https://www.laxmilaghu.com.np.

As per Schedule-14 related to Rule 26 Sub-rule (1) of Securities Registration and Issue Regulations, 2073

Details for the 4th Quarter Period of F.Y. 2082/83

1. Financial Statements:

a) Quarterly Balance Sheet and Profit and Loss Details:

The un-audited financial statements for the 4th quarter of F.Y. 2082/83 have been prepared based on Nepal Financial Reporting Standards (NFRS) and in accordance with the provisions issued by Accounting Standards Board (ASB) and listed for compliance by Institute of Chartered Accountants of Nepal (ICAN), and as specified in Unified Directive No. 4 issued by Nepal Rastra Bank for Class "D" Microfinance Financial Institutions, presenting financial position report, profit and loss statement, distributable profit and related financial indicators, which are published herewith. They are also available on the financial institution's website https://www.laxmilaghu.com.np.

b) Related Party Transactions:

In Laxmi Laghubitta Bittiya Sanstha Limited established as a subsidiary of Laxmi Sunrise Bank Limited, promoter shareholder Laxmi Sunrise Bank Limited holds 70% promoter share ownership, while general public holds 30% share ownership. Related

For the quarter ended 31, Asar 2081

Particular Current Year This Quarter Current Year Up to This Quarter (YTD)-(Provisional) Previous Year Corresponding This Quarter Previous Year Corresponding Up to This Quarter (YTD)-(Audited)

Interest Income245,098,403867,327,834255,157,903910,473,013
Interest Expense90,917,973360,758,98198,436,911430,339,969
Net Interest Income154,180,430506,568,853156,720,993480,133,044
Fee and Commission Income12,975,99156,544,88710,280,04747,544,707
Fee and Commission Expense----
Net Fee and Commission Income12,975,99156,544,88710,280,04747,544,707
Net Interest, Fee and Commission Income167,156,421563,113,740167,001,040527,677,751
Net Trading Income----
Other Operating Income2,752,3152,752,3151,081,9061,081,906
Total Operating Income169,908,736565,866,056168,082,946528,759,657
Impairment charge/(reversal) for loans and other losses(21,656,541)341,17592,835,312108,643,301
Net Operating Income191,565,277565,524,88175,247,634420,116,356
Operating Expense119,937,602413,120,773112,607,503387,707,814
Personnel (Staff) Expenses94,868,757338,391,81290,613,980307,552,420
Other Operating Expenses23,038,70868,649,3957,620,72757,299,393
Depreciation & Amortization2,030,1376,079,56614,372,79522,856,001
Operating Profit71,627,675152,404,108(37,359,869)32,408,541
Non Operating Income104,686291,258189,067439,577
Non Operating Expense----
Profit before Income Tax71,732,361152,695,367(37,170,802)32,848,119
Income Tax Expense21,266,32145,808,610(32,945,844)(14,363,956)
Current Tax21,266,32145,808,610(32,945,844)49,385,904
Deferred Tax---(63,749,860)
Profit for the Period50,466,040106,886,757(4,224,958)47,212,074
Condensed Statement of Comprehensive Income50,466,040106,886,757(4,224,958)47,212,074
Profit and (Loss) for the period50,466,040106,886,757(4,224,958)47,212,074
Other Comprehensive Income----
Total Other Comprehensive Income50,466,040106,886,757(4,224,958)47,212,074
Basic earnings per share-24.20-10.69
Diluted earnings per share-24.20-10.69
Ratios as per NRB Directive:
Particulars Current Year This Quarter Current Year Up to This Quarter(YTD) Previous Year Corresponding This Quarter Previous Year Corresponding Up to This Quarter (YTD)
Capital Fund to RWA--
Non-Performing 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--

Interest Rate:

Deposits 7.50% - 9.75%

Loan and Advances 12% - 15%

Under related party transactions, the transactions of this financial institution with Laxmi Sunrise Bank are as follows.

Share Ownership Deposit Balance in Bank (Rs.) Loan Facility Utilized (Rs.) Interest Amount Paid (Rs.)

30,91,63,450 45,91,765 2,84,68,28,64 12,57,93,913

c) Key Financial Ratios:

Earnings Per Share (Annualized) Price Earnings Ratio Net Worth Per Share Total Asset Value Per Share Liquidity Ratio

24।20 38।01 times 204।56 1,667।89 4.32

2. Management Analysis:

a) Details regarding major reasons if there is any change in the institution's balance, income, and liquidity during the quarterly period: The overall financial condition of the institution up to the fourth quarter of the current F.Y. 2080/81 remains satisfactory. Despite the impact on financial transactions due to economic slowdown in the economy, activities against microfinance institutions, and regulatory arrangements, there is a gradual improvement in financial transactions. Due to gradual normal improvement in financial transactions and loan investment, operating profit remains positive till the end of the fourth quarter of the current F.Y. Financial transactions are being continued while analyzing potential risks that may arise from internal and external conditions. Management estimates that interest income and liquidity position will remain satisfactory in the coming days by gradually improving financial transactions, accelerating recovery of regular and non-performing loans, and mobilizing low-cost funds.

b) Management's analytical details regarding the business plan for the upcoming period:

This "D" class license-holder national-level financial institution from Nepal Rastra Bank has been conducting microfinance business with a firm resolve to enhance financial access, reduce poverty in Nepal, improve the living standards of customer members, and increase financial inclusion across Nepal since its inception. Currently, it is providing microfinance services to 1,13,538 deprived households through 90 branch offices across 57 districts in 7 provinces of the country. The institution is working by preparing plans and strategies for business expansion and growth by enhancing customer satisfaction through financial literacy programs for customer members, training for skill and capacity enhancement and development of customers, providing technology-friendly service facilities for reliable transactions, and practicing financial transactions with fair behavior and conduct. In the coming days, the institution has framed plans to provide financial services to unreached households for business expansion and growth.

c) Analytical details regarding events/conditions from past experience that could materially affect the institution's balance, profit, or cash flows:

Due to activities conducted against microfinance institutions, sluggishness in economic activities, and other external environmental impacts, delays in loan installment payments by customers, confusion regarding loan waivers, etc., have adversely affected loan recovery, cash flows, bank and cash balances, as well as profit and loss in the fourth quarter of F.Y. 2080/81. However, financial transactions are continuing smoothly amid the mentioned conditions.

3. Details Regarding Legal Proceedings:

a) No lawsuit of a serious nature has been filed by or against the financial institution during the quarterly period, nor has any such information been received.

b) No information has been received regarding any lawsuit filed by or against the promoter or director of this institution for disobedience of prevailing rules or criminal offence.

c) No information has been received regarding any lawsuit filed against any promoter or director for financial crime.

4. Analysis Regarding Share Trading of the Institution:

a) Although various issues in secondary market transactions have affected the securities market, share trading of this financial institution is taking place satisfactorily.

b) According to the website of Nepal Stock Exchange, share trading of this institution during the last quarterly period appears as follows:

Maximum Price Minimum Price Closing Price Trading Days Number of Transactions

Rs. 1,010 Rs. 819.00 Rs. 919.90 64 802

5. Problems and Challenges:

Problems and challenges faced by the financial institution are as follows:

- Direct impact on customers' agriculture, trade, business, and employment due to economic slowdown.

- Direct impact on business due to the war in the Middle East.

- Issues in loan recovery and investment due to activities conducted against microfinance financial institutions.

- Unhealthy competition among microfinance institutions, duplication of loans, increasing non-performing loans, increasing risk in business expansion, lack of skilled manpower, etc.

6. Corporate Governance:

The institution has been complying with directives issued by Nepal Rastra Bank including corporate governance, as well as prevailing laws such as Companies Act 2063, Bank and Financial Institutions Act 2073, Nepal Rastra Bank Act 2058, Securities Act 2063, Income Tax Act 2058, and Labor Act, 2074. Financial transactions are being conducted by following the institution's regulatory rules, bylaws, policies, directives, and procedures. Various committees have been formed at the Board of Directors and management levels to make the internal control system robust and effective, working through study, analysis, review, and action plans at various times.

7. Declaration by the Chief Executive Officer Regarding Truthfulness:

I personally take responsibility for the accuracy of the information and details mentioned in this report up to today's date. Furthermore, I declare that to the best of my knowledge, the details mentioned in this report are true, factual, and complete, and no details, information, or facts necessary for informing investors and taking decisions have been concealed.

Advertisement