नाडेप लघुवित्त वित्तीय संस्थाको आ.व. २०८३/०८४ को पहिलो त्रैमासिक वित्तीय विवरणNADEP Laghubitta: Q1 Unaudited Financial Results for FY 2083/084
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 16, 2026
Unaudited Interim Financial Statement
Condensed Statement of Financial Position
As on 31 Asoj, 2083
Figures in NPR
| Assets | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| ASSETS | ||
| Cash and Cash Equivalents | 235,897,289 | 268,576,890 |
| Statutory Balances and Due from Nepal Rastra Bank | 29,925,830 | 29,929,030 |
| Placement with Bank and Financial Institutions | - | - |
| Derivative Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loans and Advance to MFIs and Cooperatives | - | - |
| Loans and Advances to Customers | 6,043,305,989 | 6,026,915,332 |
| Investment Securities | 1,156,638 | 1,156,638 |
| Current Tax Assets | 87,462,858 | 87,342,363 |
| Investment Properties | - | - |
| Property and Equipments | 26,322,918 | 26,151,087 |
| Goodwill and Intangible Assets | 330,184 | 330,184 |
| Deferred Tax Assets | 103,819,086 | 103,819,086 |
| Other Assets | 860,103,606 | 787,585,309 |
| Total Assets | 7,388,324,399 | 7,331,805,919 |
| Liabilities | ||
| Due to Bank and Financial Institutions | - | - |
| Due to Nepal Rastra Bank | - | - |
| Derivative Financial Instruments | - | - |
| Deposits From Customers | 2,444,521,367 | 2,427,734,292 |
| Borrowings | 2,991,470,113 | 3,007,674,713 |
| Current Tax Liabilities | 2,393,635 | 61,456,757 |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other Liabilities | 926,666,537 | 900,890,427 |
| Debt Securities Issued | - | - |
| Subordinated Liabilities | - | - |
| Total liabilities | 6,365,051,651 | 6,397,756,189 |
| Equity | ||
| Share Capital | 485,760,000 | 485,760,000 |
| Share Premium | - | - |
| Retained Earnings | 13,923,964 | 16,126,587 |
| Reserves | 523,588,783 | 432,163,143 |
| Total equity | 1,023,272,748 | 934,049,730 |
| Total Liabilities and Equity | 7,388,324,399 | 7,331,805,919 |
| Statement of Distributable Profit | ||
| Figures in NPR | ||
| Net profit for the period ended 31st Asoj, | 2083 | 5,585,147 |
1.1 Profit required to be appropraited to: 7,787,960
a. General Reserve 1,117,029
b. Capital Redemption Reserve -
c. Exchange Fluctuation Reserve -
d. Corporate Social Responsibility fund 55,851
e. Employee Trainning fund 6,559,227
f. Client Protection Fund 55,851
g. Other -
1.2 Profit required to be transferred to Regulatory Reserve: -
a. Transferred to Regulatory Reserve -
b. Transferred from Regulatory Reserve -
Net profit for the period ended 32nd Ashadh, 2083 available for distribution (2,202,813)
| Opening Retained Earning as on 1st Shrawan | 2083 | 16,126,777 |
| Total Distributable profit or (loss) as on 31st Asoj, | 2083 | 13,923,964 |
Total Distributable Profit/(Loss) per share 2.87
Notes:
1. Above financial statements are prepared in accordance with Nepal Financial Reporting Standards (NFRS).
2. These figures may vary at the instances of statutory auditors and regulators.
3. The detailed interim financial report has been published in the website: www.nadeplaghubitta.com
4. Loans and Advances are presented net of impairment charges and includes staff loans.
5. Actuarial valuation of gratuity and leave is done at external audit only.
6. Personnel expenses also include employee's bonus provision.
7. Previous period figures are regrouped/rearranged/restated wherever necessary for consistent presentation and comparison.
Interest Rate
Against Member Saving - 7 % to 8% Against Loan & Advance- 13% to 15%
धितोपत्र दर्ता तथा निष्कासन नियमावली २०७३ नियम २६ उपनियम (१) सँग सम्बन्धित अनुसूची १४ बमोजिमको
नाडेप लघुवित्त वित्तीय संस्था लिमिटेडको आ.व. २०८३/०८४ को पहिलो त्रैमासिक विवरण
१. प्रमुख वित्तीय विवरण :
क. त्रैमासिक अवधिको वासलात, नाफा/नोक्सान सम्बन्धी विवरण :
यस वित्तीय संस्थाको वासलात, नाफा-नोक्सान सम्बन्धी विवरण यसै साथ प्रकाशित गरिएको छ र यो विवरणलाई नाडेप लघुवित्त वित्तीय संस्थाको आधिकारीक वेवसाईट www.nadeplaghubitta.com मा समेत राखिएको छ ।
ख. न्यूनतम रुपमा प्रमुख वित्तीय अनुपातहरू जस्तैः प्रति शेयर आम्दानी, P/E Ratio, प्रति शेयर नेटवर्थ, प्रति शेयर कुल सम्पत्तिको मूल्य, तरलता अनुपात सम्बन्धी विवरण :
वासलातको आधारमा कम्पनीको प्रमुख वित्तीय अनुपातहरू निम्नानुसार रहेका छन् ।
प्रति शेयर आम्दानी (वार्षिकीकरण) रु. प्रति शेयर बजार मूल्य रु. मूल्य आम्दानी अनुपात रु. प्रति शेयर खुद किताबी मूल्य रु. प्रति शेयर कुल सम्पत्तिको मूल्य रु. तरलता अनुपात
४.६० ६७७.०० १४७.२० २१०.६५ १,५२०.९८ २.७६
२. व्यवस्थापकीय विश्लेषण :
क. त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सोको प्रमुख कारण सम्बन्धी विवरणः
| Particulars | Current Year This Quarter | Current Year Upto this Quarter (YTD) | Previous Year Corresponding This Quarter | Previous Year Corresponding Upto this Quarter (YTD) |
|---|---|---|---|---|
| आ.व. | २०८३।०८४ | ३१।७ | ०.२७ | |
| Figures in NPR | ||||
| Interest income | 191,851,185 | 191,851,185 | 184,280,447 | 184,280,447 |
| Interest expense | 86,136,615 | 86,136,615 | 93,594,051 | 93,594,051 |
| Net interest income | 105,714,570 | 105,714,570 | 90,686,396 | 90,686,396 |
| Fees and commission income | 12,705,453 | 12,705,453 | 10,774,397 | 10,774,397 |
| Fees and commission expense | - | - | - | - |
| Net fee and commission income | 12,705,453 | 12,705,453 | 10,774,397 | 10,774,397 |
| Net interest and commission income | 118,420,024 | 118,420,024 | 101,460,793 | 101,460,793 |
| Net trading income | - | - | - | - |
| Other operating income | 69,531 | 69,531 | - | - |
| Total operating income | 118,489,555 | 118,489,555 | 101,460,793 | 101,460,793 |
| Impairment charge/(reversal) for loans and other losses | 25,544,474 | 25,544,474 | 13,344,220 | 13,344,220 |
| Net operating income | 92,945,080 | 92,945,080 | 88,116,573 | 88,116,573 |
| Operating expense | 84,966,298 | 84,966,298 | 79,876,459 | 79,876,459 |
| Personnel expenses | 64,180,625 | 64,180,625 | 60,124,355 | 60,124,355 |
| Other Operating expenses | 20,241,812 | 20,241,812 | 19,173,879 | 19,173,879 |
| Depreciation and Amortisation | 543,862 | 543,862 | 578,225 | 578,225 |
| Operating Profit | 7,978,782 | 7,978,782 | 8,240,114 | 8,240,114 |
| Non Operating Income | - | - | - | - |
| Non operating expense | - | - | - | - |
| Profit before income tax | 7,978,782 | 7,978,782 | 8,240,114 | 8,240,114 |
| Income tax expense | 2,393,635 | 2,393,635 | 2,472,034 | 2,472,034 |
| Current Tax | 2,393,635 | 2,393,635 | 2,472,034 | 2,472,034 |
| Deferred Tax expense/(income) | - | - | - | - |
| Profit for the period | 5,585,147 | 5,585,147 | 5,768,080 | 5,768,080 |
| Particulars | Current Year This Quarter Upto this Quarter | Previous Year Corresponding This Quarter Upto this Quarter |
|---|---|---|
| Condensed Statement of Comprehensive Income | ||
| Figures in NPR | ||
| Profit for the Period | 5,585,147 | 5,768,080 |
| Other Comprehensive Income | ||
| Total Comprehensive Income | ||
| Basic Earning per share (Annualized) | 4.60 | 4.75 |
| Diluted Earning per share (Annualized) | 4.60 | 4.75 |
Ratios as per NRB Directive
Particulars Current Year Previous Year Corresponding
This Quarter Upto this Quarter This Quarter Upto this Quarter
Capital Fund to RWA 8.23% 7.64%
Non Performing Loan (NPL) to Total Loan 17.27% 15.71%
Total Loan Loss Provision to total NPL 45.70% 53.30%
Cost of Funds 6.08% 7.89%
CD Ratio (Calculated as per NRB Directives) 268.40% 318.57%
Base Rate 12.40% 14.48%
Interest Rate Spread 7.69% 7.11%
समग्र अर्थतन्त्रमा छाएको आर्थिक सुस्तताको परिणाम स्वरूप बैंकिङ्ग क्षेत्रमा पर्याप्त तरलता र कर्जाको मागमा आएको कमी तथा घट्दो व्याजदरका बावजुद पनि व्यवसायीहरुको मनोवल बहन नसकेको र कर्जाको माग न्यून रहेको कारण संस्थाको कर्जा लगानीमा अपेक्षित वृद्धि हुन सकेको छैन। वित्तीय संस्थाको व्यावसायिक योजना तथा लक्ष्य अनुरूप प्रगति तथा आगामी दिनमा अझै सुधार गर्दै जान प्रयत्नशील छौं।
ख. आगामी अवधिको व्यावसायिक योजना सम्बन्धमा व्यवस्थापनको विश्लेषणात्मक विवरण :
चालु आ.व. को यस त्रैमासको अन्त्यसम्ममा वित्तीय संस्थाले हासिल गरेको प्रगति निम्नानुसार रहेको छ।
| विवरण | चालु आ.व. २०८३/०८४ आषाढ मसान्त | चालु आ.व. २०८३/०८४ असोज मसान्त |
|---|---|---|
| कुल सदस्य संख्या | ७६,६५७ | ७६,२८१ |
| बाँकी साँवा (रु. हजारमा) | ६,५१९,१५९.७४ | ६,५६१,०७९.८७ |
| कुल बचत (रु. हजारमा) | २,४२७,७३४.२९ | २,४४४,५२९.३७ |
लघुवित्त तथा सहकारीको क्षेत्रमा देखिएका विविध समस्याहरू हालसम्म पनि विद्यमान रहेकोले यस वित्तीय संस्थाले आगामी दिनमा कर्जा असुली कार्यलाई प्रभावकारी बनाई कर्जाको गुणस्तर कायम राख्ने तथा जोखिम व्यवस्थापन तथा क्षमता अभिवृद्धिका लागि विभिन्न प्रकारका तालिम, गोष्ठी तथा अन्तरक्रिया लगायतका कार्यक्रमहरू सञ्चालन गरी लक्ष्य हासिल गर्ने नीति लिएको छ।
ग. विगतको अनुभवबाट संगठित संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा तात्त्विक असर पार्न सक्ने घटना अवस्था आदि भएमा सो सम्बन्धी विश्लेषणात्मक विवरण : सहकारी तथा लघुवित्तमा देखिएका विविध समस्याहरू हाल पनि विद्यमान रहेको परिप्रेक्ष्यमा व्यवसाय विस्तार भन्दा पनि व्यवसाय सुदृढीकरण गर्न, वर्तमान वित्तीय बजार अनुसार प्रतिस्पर्धी दरमा गुणस्तरीय सेवा प्रवाह गर्ने, व्यावसायिक सम्बन्ध स्थापना गर्दा जोखिमको सावधानीपूर्वक विश्लेषण गर्ने र कर्जा असुली कार्यलाई प्रभावकारी बनाउने रणनीति लिइएको छ। संस्थाको पूँजी पर्याप्तता अनुपात बलियो बनाउन अर्थतन्त्रमा आउने सुधारसंगै व्यवसाय विस्तारलाई गति दिने नीति लिइएको छ।
घ. कानूनी कारवाही सम्बन्धी विवरण : समीक्षा अवधिमा संस्थाले कसै विरुद्ध मुद्दा दायर गरेको छैन र संस्था विरुद्ध पनि कसैले मुद्दा दायर गरेको जानकारी प्राप्त गरेको छैन।
४. संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण :
क. धितोपत्र बजारमा भएको संगठित संस्थाको शेयरको कारोबार सम्बन्धमा व्यवस्थापनको धारणा : दोस्रो बजारमा हुने शेयर कारोबारको मूल्य खुला बजारले निर्धारण भए अनुरूप हुने व्यवस्थापनको धारणा रहेकोछ।
ख. यस त्रैमासिक अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिम मूल्य, कारोबार भएको कुल दिन तथा कारोबार संख्या:
अधिकतम मूल्य न्यूनतम मूल्य अन्तिम मूल्य कारोबार संख्या कारोबार दिन
७६०.०० ६५३.०० ६७७.०० १०४४ ६१
५. समस्या तथा चुनौती :
क. लघुवित्त क्षेत्रमा कर्जाको दोहोरोपना तथा कर्जाको दुरूपयोग गर्ने प्रवृत्तिमा वृद्धि हुनु,
ख. लघुवित्त विरोधी समूहहरूबाट यस अवधिमा असुली कार्यमा बाधा विरोध विगतमा जस्तै रहेको,
ग. कर्जा लिएका ऋणीहरू सम्पर्कमा नआउने भाग्ने, लुक्ने र सम्पर्कमा आएकाहरूले धम्क्याउने प्रवृत्ति रहेको,
घ. कतिपय सदस्य अत्यधिक ऋण भएका कारण आर्थिक तनावमा रहेको,
ङ. अप्रत्यासित नीतिगत परिवर्तनले समेत समस्या तथा चुनौती थपिएको,
च. दक्ष जनशक्तिको अभाव तथा कर्मचारीहरू पलायन हुने समस्या देखिएको,
छ. सूचना तथा प्रविधिको पूर्वाधार समयानुकूल सुधार भएपनि परिवर्तनलाई आत्मसात गर्न नसकेको।
६. संस्थागत सुशासन :
संस्थागत सुशासनका लागि कम्पनीको सञ्चालक समिति, लेखापरीक्षण समिति, जोखिम व्यवस्थापन समिति, कर्मचारी सेवा सुविधा समिति, सम्पत्ति शुद्धीकरण अनुगमन समिति, सम्पत्ति दायित्व (व्यवस्थापन समिति) समिति, कर्मचारी पदपूर्ति समिति, कर्जा असुली विभाग, Recovery Task Force लगायत विभिन्न आन्तरिक समिति तथा उप-समितिहरू मार्फत व्यावसायिक योजना तथा कार्यक्रमको तर्जुमा गर्नुका साथै उत्कृष्ट ढंगले कार्यालय सञ्चालन गर्ने शाखा कार्यालयहरूलाई पुरस्कृत गरी सोही बमोजिम कार्य सम्पादन गर्ने/गराउने गरिएको छ। साथै, सम्पादन गरिएका कार्यहरूको मूल्याङ्कन गर्ने र सोको समीक्षाको आधारमा उपयुक्त रणनीति अवलम्बन गर्ने कार्यलाई निरन्तरता दिइएको छ। नेपाल राष्ट्र बैंकबाट लघुवित्त संस्थाहरूलाई जारी गरिएका निर्देशनहरूको साथै बैंक तथा वित्तीय संस्था सम्बन्धी ऐन, २०७३, कम्पनी ऐन, २०६३, नेपाल राष्ट्र बैंक ऐन, २०५८, धितोपत्र ऐन, २०६३ लगायत अन्य सम्बन्धित ऐन र कानूनको पालना गरिएको र आवश्यकता अनुसार संस्थाको कार्यक्रमलाई सबल र सक्षम बनाउन आवश्यक नीति नियमहरू बनाई लागू गरिएको छ।
७. सत्य तथ्यताको सम्बन्धमा कार्यकारी प्रमुखको उद्घोषण :
यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरूको शुद्धताको सम्बन्धमा म व्यक्तिगत रूपमा उत्तरदायित्व लिन्छु। साथै म यो उद्घोष गर्दछु की मैले जाने बुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरू सत्य, तथ्य र पूर्ण हुनुका साथै लगानीकर्ताहरूलाई सुसूचित गराई निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरू लुकाइएको छैन।
Unaudited Interim Financial Statement
Condensed Statement of Financial Position
As on 31 Asoj, 2083
Figures in NPR
| Assets | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| ASSETS | ||
| Cash and Cash Equivalents | 235,897,289 | 268,576,890 |
| Statutory Balances and Due from Nepal Rastra Bank | 29,925,830 | 29,929,030 |
| Placement with Bank and Financial Institutions | - | - |
| Derivative Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loans and Advance to MFIs and Cooperatives | - | - |
| Loans and Advances to Customers | 6,043,305,989 | 6,026,915,332 |
| Investment Securities | 1,156,638 | 1,156,638 |
| Current Tax Assets | 87,462,858 | 87,342,363 |
| Investment Properties | - | - |
| Property and Equipments | 26,322,918 | 26,151,087 |
| Goodwill and Intangible Assets | 330,184 | 330,184 |
| Deferred Tax Assets | 103,819,086 | 103,819,086 |
| Other Assets | 860,103,606 | 787,585,309 |
| Total Assets | 7,388,324,399 | 7,331,805,919 |
| Liabilities | ||
| Due to Bank and Financial Institutions | - | - |
| Due to Nepal Rastra Bank | - | - |
| Derivative Financial Instruments | - | - |
| Deposits From Customers | 2,444,521,367 | 2,427,734,292 |
| Borrowings | 2,991,470,113 | 3,007,674,713 |
| Current Tax Liabilities | 2,393,635 | 61,456,757 |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other Liabilities | 926,666,537 | 900,890,427 |
| Debt Securities Issued | - | - |
| Subordinated Liabilities | - | - |
| Total liabilities | 6,365,051,651 | 6,397,756,189 |
| Equity | ||
| Share Capital | 485,760,000 | 485,760,000 |
| Share Premium | - | - |
| Retained Earnings | 13,923,964 | 16,126,587 |
| Reserves | 523,588,783 | 432,163,143 |
| Total equity | 1,023,272,748 | 934,049,730 |
| Total Liabilities and Equity | 7,388,324,399 | 7,331,805,919 |
| Statement of Distributable Profit | ||
| Figures in NPR | ||
| Net profit for the period ended 31st Asoj, | 2083 | 5,585,147 |
1.1 Profit required to be appropraited to: 7,787,960
a. General Reserve 1,117,029
b. Capital Redemption Reserve -
c. Exchange Fluctuation Reserve -
d. Corporate Social Responsibility fund 55,851
e. Employee Trainning fund 6,559,227
f. Client Protection Fund 55,851
g. Other -
1.2 Profit required to be transferred to Regulatory Reserve: -
a. Transferred to Regulatory Reserve -
b. Transferred from Regulatory Reserve -
Net profit for the period ended 32nd Ashadh, 2083 available for distribution (2,202,813)
| Opening Retained Earning as on 1st Shrawan | 2083 | 16,126,777 |
| Total Distributable profit or (loss) as on 31st Asoj, | 2083 | 13,923,964 |
Total Distributable Profit/(Loss) per share 2.87
Notes:
1. Above financial statements are prepared in accordance with Nepal Financial Reporting Standards (NFRS).
2. These figures may vary at the instances of statutory auditors and regulators.
3. The detailed interim financial report has been published in the website: www.nadeplaghubitta.com
4. Loans and Advances are presented net of impairment charges and includes staff loans.
5. Actuarial valuation of gratuity and leave is done at external audit only.
6. Personnel expenses also include employee's bonus provision.
7. Previous period figures are regrouped/rearranged/restated wherever necessary for consistent presentation and comparison.
Interest Rate
Against Member Saving - 7 % to 8% Against Loan & Advance- 13% to 15%
First Quarter Report of NADEP Laghubitta Bittiya Sanstha Limited for F.Y. 2083/084 Pursuant to Schedule 14 Related to Rule 26 Sub-rule (1) of Securities Registration and Issue Regulations, 2073
1. Key Financial Indicators :
a. Balance Sheet and Profit/Loss Statement for the Quarter Period :
The Balance Sheet and Profit and Loss statement of this financial institution have been published herewith and these statements have also been placed on the official website of NADEP Laghubitta Bittiya Sanstha: www.nadeplaghubitta.com.
b. Details Regarding Minimum Major Financial Ratios such as Earnings Per Share, P/E Ratio, Net Worth Per Share, Total Asset Value Per Share, Liquidity Ratio :
The major financial ratios of the company based on the balance sheet are as follows.
Earnings Per Share (Annualized) Rs. Market Price Per Share Rs. Price Earnings Ratio Rs. Net Book Value Per Share Rs. Total Asset Value Per Share Rs. Liquidity Ratio
4.60 677.00 147.20 210.65 1,520.98 2.76
2. Management Analysis :
a. Details regarding main reasons for any changes in the institution's balance, income, and liquidity during the quarterly period:
| Particulars | Current Year This Quarter | Current Year Upto this Quarter (YTD) | Previous Year Corresponding This Quarter | Previous Year Corresponding Upto this Quarter (YTD) |
|---|---|---|---|---|
| In the first quarter of F.Y. 2083 | 31।7 | 55.85 | 0.27 | 604 |
| Figures in NPR | ||||
| Interest income | 191,851,185 | 191,851,185 | 184,280,447 | 184,280,447 |
| Interest expense | 86,136,615 | 86,136,615 | 93,594,051 | 93,594,051 |
| Net interest income | 105,714,570 | 105,714,570 | 90,686,396 | 90,686,396 |
| Fees and commission income | 12,705,453 | 12,705,453 | 10,774,397 | 10,774,397 |
| Fees and commission expense | - | - | - | - |
| Net fee and commission income | 12,705,453 | 12,705,453 | 10,774,397 | 10,774,397 |
| Net interest and commission income | 118,420,024 | 118,420,024 | 101,460,793 | 101,460,793 |
| Net trading income | - | - | - | - |
| Other operating income | 69,531 | 69,531 | - | - |
| Total operating income | 118,489,555 | 118,489,555 | 101,460,793 | 101,460,793 |
| Impairment charge/(reversal) for loans and other losses | 25,544,474 | 25,544,474 | 13,344,220 | 13,344,220 |
| Net operating income | 92,945,080 | 92,945,080 | 88,116,573 | 88,116,573 |
| Operating expense | 84,966,298 | 84,966,298 | 79,876,459 | 79,876,459 |
| Personnel expenses | 64,180,625 | 64,180,625 | 60,124,355 | 60,124,355 |
| Other Operating expenses | 20,241,812 | 20,241,812 | 19,173,879 | 19,173,879 |
| Depreciation and Amortisation | 543,862 | 543,862 | 578,225 | 578,225 |
| Operating Profit | 7,978,782 | 7,978,782 | 8,240,114 | 8,240,114 |
| Non Operating Income | - | - | - | - |
| Non operating expense | - | - | - | - |
| Profit before income tax | 7,978,782 | 7,978,782 | 8,240,114 | 8,240,114 |
| Income tax expense | 2,393,635 | 2,393,635 | 2,472,034 | 2,472,034 |
| Current Tax | 2,393,635 | 2,393,635 | 2,472,034 | 2,472,034 |
| Deferred Tax expense/(income) | - | - | - | - |
| Profit for the period | 5,585,147 | 5,585,147 | 5,768,080 | 5,768,080 |
| Particulars | Current Year This Quarter Upto this Quarter | Previous Year Corresponding This Quarter Upto this Quarter |
|---|---|---|
| Condensed Statement of Comprehensive Income | ||
| Figures in NPR | ||
| Profit for the Period | 5,585,147 | 5,768,080 |
| Other Comprehensive Income | ||
| Total Comprehensive Income | ||
| Basic Earning per share (Annualized) | 4.60 | 4.75 |
| Diluted Earning per share (Annualized) | 4.60 | 4.75 |
Ratios as per NRB Directive
Particulars Current Year Previous Year Corresponding
This Quarter Upto this Quarter This Quarter Upto this Quarter
Capital Fund to RWA 8.23% 7.64%
Non Performing Loan (NPL) to Total Loan 17.27% 15.71%
Total Loan Loss Provision to total NPL 45.70% 53.30%
Cost of Funds 6.08% 7.89%
CD Ratio (Calculated as per NRB Directives) 268.40% 318.57%
Base Rate 12.40% 14.48%
Interest Rate Spread 7.69% 7.11%
As a result of the overall economic slowdown spread across the economy, despite sufficient liquidity in the banking sector and low interest rates, loan demand remains low and business morale could not be uplifted, due to which the institution's loan investment could not increase as expected. We are making efforts to improve further in the coming days according to the institution's business plans and targets.
B. Analytical Details of Management Regarding Business Plan for Coming Period:
The progress achieved by the financial institution by the end of this quarter of the current fiscal year is as follows.
| Particulars | Current F.Y. 2083/084 Ashadh End | Current F.Y. 2083/084 Ashwin End |
|---|---|---|
| Total Member Count | 76,657 | 76,281 |
| Outstanding Principal (Rs. in Thousands) | 6,519,159.74 | 6,561,079.87 |
| Total Savings (Rs. in Thousands) | 2,427,734.29 | 2,444,529.37 |
Since various problems seen in the microfinance and cooperative sector still persist, this financial institution has adopted a policy to make loan recovery work effective in the coming days to maintain loan quality, and to conduct various types of training, workshops, and interaction programs for risk management and capacity building to achieve targets.
C. Analytical Details Regarding Events, Situations, etc. That May Substantially Affect Liquidity, Profit, or Cash Flow Based on Past Experience: In the context where various problems seen in cooperatives and microfinance still persist, a strategy has been adopted to consolidate business rather than expand it, to provide quality service at competitive rates according to the current financial market, to perform careful risk analysis when establishing business relationships, and to make loan recovery work effective. A policy has been adopted to give momentum to business expansion along with improvements in the economy to strengthen the institution's capital adequacy ratio.
D. Details Regarding Legal Actions: During the review period, the institution has not filed any lawsuit against anyone, and no information has been received regarding anyone filing a lawsuit against the institution.
4. Analysis Regarding Share Transactions of the Institution:
a. Management's view regarding share transactions of the institution in the stock market: Management holds the view that share prices in the secondary market are determined by the open market.
b. Maximum, minimum, closing price, total transaction days, and number of transactions of shares during this quarterly period:
Maximum Price Minimum Price Closing Price Number of Transactions Transaction Days
760.00 653.00 677.00 1044 61
5. Problems and Challenges:
a. Increase in the tendency of loan duplication and misuse of loan in the microfinance sector,
b. Obstruction and opposition in recovery work by anti-microfinance groups during this period as in the past,
c. Borrowers not coming in contact, fleeing, hiding, and threatening tendencies among those who come in contact,
d. Economic stress due to excessive debt among many members,
e. Unexpected policy changes adding further problems and challenges,
f. Lack of skilled manpower and employee turnover problems observed,
g. Inability to fully adapt to changes despite timely improvements in information technology infrastructure.
6. Corporate Governance:
For corporate governance, business plans and programs are formulated through various internal committees and sub-committees including the Board of Directors, Audit Committee, Risk Management Committee, Employee Service & Benefits Committee, Anti-Money Laundering Monitoring Committee, Asset Liability (Management) Committee, Employee Recruitment Committee, Loan Recovery Department, Recovery Task Force, etc., and branch offices performing excellently are rewarded to execute work accordingly. Likewise, continuous strategy adoption is maintained based on the evaluation and review of executed works. Directives issued to microfinance institutions by Nepal Rastra Bank along with the Bank and Financial Institutions Act, 2073, Companies Act, 2063, Nepal Rastra Bank Act, 2058, Securities Act, 2063 and other relevant acts and laws have been complied with, and necessary policies and rules have been formulated and implemented to make the institution's programs strong and competent as required.
7. Executive Chief's Declaration Regarding Truth and Accuracy:
I personally take responsibility for the accuracy of the information and details mentioned in this report. Furthermore, I declare that to the best of my knowledge, the details mentioned in this report are true, factual, and complete, and no details, notice, or information necessary for investors to make informed decisions have been concealed.