नेशनल लघुवित्त वित्तीय संस्थाको प्रथम त्रैमासिक वित्तीय विवरणNational Laghubitta Bittiya Sanstha: Q1 Financial Results
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 5, 2026
नेपाल राष्ट्र बैंकबाट "घ" वर्गको ईजाजत प्राप्त राष्ट्रियस्तरको लघुवित्त वित्तीय संस्था
नेशनल लघुवित्त वित्तीय संस्था लि.
NATIONAL LAGHUBITTA BITTIYA SANSTHA LTD.
Unaudited Financial Statements
Condensed Statement of Financial Position
As on Quarter Ended 31st Aswin 2083 (17/10/2026)
Rs in "000"
| Particulars | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| Assets | ||
| Cash and Cash Equivalent | 2,303,285 | 4,583,264 |
| Statutory Balances and due from Nepal Rastra Bank | 629,487 | 1,722,987 |
| Placement with Banks & Financial Institutions | - | - |
| Derivatives Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loan and Advances to MFIs & Cooperatives | - | - |
| Loan and Advances to Customer | 28,784,900 | 27,966,277 |
| Investment Securities | 3,025 | 3,025 |
| Current Tax Assets | - | - |
| Investment in subsidiaries | - | - |
| Investment in Associates | - | - |
| Investment Property | - | - |
| Property and Equipment | 94,973 | 94,725 |
| Goodwill and Intangible Assets | 190,916 | 190,916 |
| Deffered Tax Asssets | 34,418 | 34,418 |
| Other Assets | 507,296 | 150,064 |
| Total Assets | 32,548,300 | 34,745,676 |
| Liabilities | ||
| Due to Banks and Financial Institutions | - | - |
| Due to Nepal Rastra Banks | - | - |
| Derivative Financial Instruments | - | - |
| Deposits from Customers | 8,105,612 | 8,003,340 |
| Borrowings | 18,410,886 | 21,183,343 |
| Current Tax Liabilities | 40,689 | 7,214 |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other Liabilities | 1,556,603 | 1,302,377 |
| Debt Securities Issued | - | - |
| Subordinated Liabilities | - | - |
| Total liabilities | 28,113,790 | 30,496,274 |
| Equity | ||
| Share Capital | 1,521,363 | 1,521,363 |
| Share Premium | - | - |
| Retained Earnings | 1,055,321 | 910,520 |
| Reserves | 1,857,826 | 1,817,519 |
| Total equity attributable to equity holders | 4,434,510 | 4,249,402 |
| Non-controlling interests | - | - |
| Total equity | 4,434,510 | 4,249,402 |
| Total Liabilities and Equity | 32,548,300 | 34,745,676 |
| Net worth value per share | 291.48 | 279.32 |
| Value of assets per share | 2,139.42 | - |
Condensed Statement of Profit and Loss
As on Quarter Ended 31st Aswin 2083 (17/10/2026)
Rs in "000"
| Particulars Current Year This Quarter Current Year Upto | Particulars Current Year This Quarter Current This Quarter (YTD) | Corresponding Previous Year This Quarter Corresponding Previous Year Upto | Corresponding Previous Year This Quarter Corresponding Previous This Quarter (YTD) | |
|---|---|---|---|---|
| Interest Income | 879,322 | 879,322 | 842,820 | 842,820 |
| Interest Expense | 381,501 | 381,501 | 419,609 | 419,609 |
| Net Interest Income | 497,821 | 497,821 | 423,211 | 423,211 |
| Fee and Commission Income | 86,313 | 86,313 | 61,524 | 61,524 |
| Fee and Commission Expense | - | - | - | - |
| Net Fee and Commission Income | 86,313 | 86,313 | 61,524 | 61,524 |
| Net Interest, Fees and Commission | 584,134 | 584,134 | 484,734 | 484,734 |
| Net Trading Income | - | - | - | - |
| Other Operating Income | - | - | - | - |
| Total Operating Income | 584,134 | 584,134 | 484,734 | 484,734 |
| Impairment Charge/(reversal) for Loans | 37,014 | 37,014 | 38,675 | 38,675 |
| Net operating Income | 547,120 | 547,120 | 446,059 | 446,059 |
| Operating Expense | 274,938 | 274,938 | 239,935 | 239,935 |
| Personnel Expenses | 214,922 | 214,922 | 153,383 | 153,383 |
| Other Operating Expenses | 57,600 | 57,600 | 74,823 | 74,823 |
| Depreciation & Amortization | 2,416 | 2,416 | 11,730 | 11,730 |
| Operating Profit | 272,182 | 272,182 | 206,124 | 206,124 |
| Non-Operating Income | - | - | - | - |
| Non-Operating Expense | - | - | - | - |
| Profit before Income Tax | 272,182 | 272,182 | 206,124 | 206,124 |
| Income Tax Expense | 81,655 | 81,655 | 61,837 | 61,837 |
| Current Assets | 81,655 | 81,655 | 61,837 | 61,837 |
| Deferred Tax | - | - | - | - |
| Profit for the Period | 190,528 | 190,528 | 144,287 | 144,287 |
| Condensed Statement of Comprehensive Income | ||||
| Profit for the period | 190,528 | 190,528 | 144,287 | 144,287 |
| Other Comprehensive Income | - | - | - | - |
| Total comprehensive income | 190,528 | 190,528 | 144,287 | 144,287 |
| Per share income | ||||
| Basic earning per share (Basic EPS) | - | 50.09 | - | 43.34 |
| Diluted earning per share (Diluted EPS) | - | 50.09 | - | 43.34 |
| Ratio as per NRB Directives | ||||
| Particulars Current Year This Quarter Current Year Upto This Quarter Correspondin Previous Year This Quarter Correspondin Previous Year Upto This Quarter | ||||
| Capital Fund to RWA | - | - | ||
| Non-Performing Loan (NPL) to Total Loan | - | - | ||
| Total Loan Loss Provision to Total NPL | - | - | ||
| Cost of Funds | - | - | ||
| Credit to Deposit | - | - | ||
| Base Rate (Ashoj) | - | - | ||
| Interest rate Spread | - | - | ||
Average Base Rate of Ashad, Shrawan, Bhadra: 9.76%
Interest rate on Deposits & Loan & Advance
1. On Deposits : 7.5% to 13.26% 2. Loan : 12% to 15%
Statement of Distributable Profit and Loss
As on Quarter Ended 31st Aswin 2083 (17/10/2026)
Rs in "000"
Particulars Upto This Quarter
Net Profit for the period end Quarter 190,528
Appropriations
1.1 Profit required to be appropriated to:
a. General Reserve (38,106)
b. Foreign Exchange Fluctuation Fund -
c. Capital Redemption Reserve -
d. Corporate Social Responsibility (1,905)
e. Employee Trainning Fund -
f. Client Protection Fund (5,716)
g. Other-Employee Welfare Fund -
Profit or Loss of this Quarter before regulatory adjustment 144,801
a. Interest receivable (-)/previous accrued interest received (+)
b. Short loan loss provision in accounts (-)/reversal (+)
c. Short provision for possible losses on investment (-)/reversal (+)
d. Short loan loss provision on Non Banking Assets (-)/reversal (+)
e. Deferred tax assets recognised (-)/ reversal (+)
f. Goodwill recognised (-)/ impairment of Goodwill (+)
g. Bargain purchase gain recognised (-)/reversal (+)
h. Acturial loss recognised (-)/reversal (+)
i. Loan Loss Reserve Written Back on Restructure Loan (+/-)
Profit brought forward from Previous Years 910,520
Previous year's dividend paid (Share + Cash)
Previous year tax arrears paid
Net Profit for the period end available for distribution 1,055,321
Notes to interim financial statements:
1. The above figures are subject to change as per the direction of the supervisors, regulators and or external auditors.
2. The interim financial statements have been prepared in accordance with Nepal Financial Reporting Standard (NFRS) as issued by the Accounting Standard Board, Nepal and applied the carve out issued by ICAN.
3. Loan and advances to customers are presented as a net amount of impairment and includes staff loans.
4. Actuary valuation will be done for employment service benefits
5. The previous period's figures have been reclassified, restated, and regrouped wherever necessary for comparability and consistent.
- The interim financial statement has been updated in https://nationalmicrofinance.com.np/
- Personnel expenses include staff bonus allocated as per rule.
- The financial statements have been prepared except ECL guidelines.
धितोपत्र दर्ता तथा निष्काशन नियमावली २०७३ को अनुसूची १४ (नियम २६ को उपनियम (१) संग सम्बन्धित)
आ.व. २०८३/८४ को प्रथम त्रैमासिक विवरण
१. वित्तीय विवरण :
(क) त्रैमासिक अवधिको वासलात, नाफा नोक्सान सम्बन्धी विवरण यसै साथ प्रकाशित गरिएको छ ।
(ख) प्रमुख वित्तीय अनुपातहरु :
प्रति शेयर आम्दानी (वार्षिकीकरण) रु ५०।०९
मूल्य आम्दानी अनुपात २३।५५
प्रति शेयर नेटवर्थ रु २९१।४८
प्रति शेयर कुल सम्पत्तिको मूल्य रु २,१३९।४२
तरलता अनुपात १३।९६
२. व्यवस्थापकीय विश्लेषण :
(क) यस त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सोको प्रमुख कारण सम्बन्धी विवरण : यस अवधिमा वित्तीय संस्थाको मौज्दात, आम्दानी र तरलतामा व्यवस्थापनले अनुमान गरे अनुरूप नै सन्तोषजनक रुपमा वृद्धि रहेको छ ।
(ख) आगामी अवधिको व्यवसायिक योजना सम्बन्धमा व्यवस्थापनको विश्लेषणात्मक विवरण : राष्ट्रिय स्तरको यस वित्तीय संस्थाले स्थापनाको शुरुदेखि नै वित्तीय पहुँच अघि बढाई गराई नेपालमा वित्तीय समावेशीकरण बढाउने उद्देश्यले नेपाल भरी नै लघुवित्त सेवा प्रदान गर्ने अठोटका साथ अगाडि बढिरहेको छ । हाल देशभर संस्थाले १८४ वटा शाखा कार्यालयहरु मार्फत ७४ जिल्लामा ३,७८,७९२ जना विपन्न परिवारको घरमा लघुवित्त सेवा प्रदान गरिरहेको छ । यस संस्थाले नविनतम प्रविधिहरुको प्रयोग गरी छिटो छरितो र विश्वसनीय एवं दिगो सेवा प्रदान गर्ने कार्यक्रम विस्तारमा अग्रसर रहेको छ। संस्थाले कृषि, पशुपालन, सेवा व्यवसाय तथा लघुउद्यम जस्ता व्यवसायहरु सञ्चालनको लागि विशेष गरी महिलाहरुलाई केन्द्रित गरी उत्तरदायी लघुवित्त सेवा उपलब्ध गराउँदै आएको छ । समय सापेक्ष ग्राहकको चाहना अनुसार सेवा तथा सुविधाहरुमा परिष्कृत गर्दै लैजान व्यवस्थापन कटिबद्ध रहेको छ । आगामी आर्थिक वर्षमा वित्तीय पहुँच नपुगेका ग्रामीण क्षेत्रमा शाखा विस्तार गरी अझ प्रभावकारी रुपमा सेवा तथा सुविधाको विस्तार गर्ने लक्ष्य रहेको छ।
(ग) विगतको अनुभवबाट संगठित संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा तात्त्विक असर पार्न सक्ने घटना अवस्था आदि भएमा सो सम्बन्धी विश्लेषणात्मक विवरण : बैंकिङ क्षेत्रमा तरलताको अवस्था लगायत बैंक तथा वित्तीय संस्थाहरुबाट प्राप्त विपन्न वर्ग अन्तर्गतको थोक कर्जामा लिने व्याजदरको उतार चढाव, लघुवित्त वित्तीय संस्थाहरु विरुद्ध भइरहेको किस्ता असुलीसंग सम्बन्धित प्रतिकुल गतिविधिहरु र अर्थतन्त्रमा विद्यमान सङ्कुचन एवं आर्थिक मन्दी आदि कारणले संस्थाको कारोबारमा असर पर्न सक्छ । तथापि संस्थाले तय गरेको कुशल कार्य नीतिका कारण गम्भीर समस्या व्यहोर्न परेको छैन ।
३. कानूनी कारवाही सम्बन्धी विवरण :
(क) यस त्रैमासिक अवधिमा संस्थाले वा संस्थाको विरुद्ध भुक्तानी सम्बन्धमा कुनै मुद्दा दायर भएको छैन र त्यस्तो कुनै सूचना समेत पनि प्राप्त भएको छैन ।
(ख) यस संस्थाको संस्थापक वा सञ्चालकले वा संस्थापक वा सञ्चालकको विरुद्धमा प्रचलित नियमको अथवा 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 कारोबारका लागि संस्थाले नेपाल स्टक एक्सचेञ्ज लिमिटेडमा शेयर सूचिकृत भई सोहीअनुसार कारोबार भईरहेको छ।
(ख) नेपाल स्टक एक्सचेञ्जको वेभसाइट अनुसार यस त्रैमासिक अवधिको शेयरको कारोबार निम्न अनुसार भएको देखिन्छ ।
अधिकतम मूल्य रु १,२३५/-
न्यूनतम मूल्य रु १,०८२/-
अन्तिम मूल्य रु १,१९९।९०
कारोबार दिन ६१
कारोबार संख्या २७२३
कारोबार शेयर कित्ता २,५८,९६४
- समस्या तथा चुनौती : वित्तीय संस्थाले भोग्नु परेका समस्या तथा चुनौतीहरुमा अप्रत्याशित रुपमा सृजना हुन सक्ने प्रतिकूल अवस्था, कर्जा कोषको लागि परिनिर्भरता, आर्थिक मन्दीको कारणले ग्राहकहरुको व्यवसाय र आम्दानीमा परेको प्रभावको अवस्था, अर्थतन्त्रको सङ्कुचन, तरल राजनैतिक अवस्था, लघुवित्त संस्थाहरूको विरुद्धमा भइरहेको अराजक गतिविधिहरू आदि कारणले सञ्चालन लागत वृद्धि भै मुनाफामा पर्न सक्ने असर विद्यमान रहेको छ।
- संस्थागत सुशासन : संस्थाले नेपाल राष्ट्र बैंकबाट जारी संस्थागत सुशासन लगायतका निर्देशनाहरु पालना गर्नुका साथै प्रचलित ऐन, कम्पनी ऐन २०६३, बैंक तथा वित्तीय संस्था सम्वन्धी ऐन २०६३, नेपाल राष्ट्र बैंक ऐन २०५८, धितोपत्र ऐन २०६३ तथा आयकर ऐन २०५८ पालना गरेको छ । संस्थाको प्रबन्धपत्र, नियमावली, कर्मचारी सेवा विनियमावली, आर्थिक प्रशासन विनियमावली, कर्जा नीति लगायत आवश्यक कार्यविधि तयार गरी कार्यान्वयनमा ल्याइएको छ । संस्थाले आफ्नो कारोबार चुस्त दुरुस्त, छिटो छरितो, पारदर्शी तथा आन्तरिक प्रणालीलाई प्रभावकारी बनाउन सञ्चालक समिति, व्यवस्थापन समूह तथा व्यवस्थापन तहमा लेखापरीक्षण समिति, जोखिम व्यवस्थापन समिति, कर्मचारी सेवा सुविधा समिति, सम्पत्ति सुदृढिकरण अनुगमन समिति लगायतका समितिहरु मार्फत कार्य भइरहेको छ ।
- सत्य तथ्य सम्बन्धमा कार्यकारी प्रमुखको उद्घोषण : आजका मितिसम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरुको शुद्धता सम्बन्धमा म व्यक्तिगत रुपमा उत्तरदायित्व लिन्छु । साथै, म यो उद्घोष गर्दछु कि मैले जाने बुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरु सत्य तथ्य र पूर्ण छन् र लगानीकर्ताहरुलाई सुसूचित गर्ने तथा निर्णय लिन आवश्यक कुनै विवरण तथा सूचना लुकाइएको छैन ।
Nepal Rastra Bank Licensed "D" Class National Level Microfinance Financial Institution
NATIONAL LAGHUBITTA BITTIYA SANSTHA LTD.
NATIONAL LAGHUBITTA BITTIYA SANSTHA LTD.
Unaudited Financial Statements
Condensed Statement of Financial Position
As on Quarter Ended 31st Aswin 2083 (17/10/2026)
Rs in "000"
| Particulars | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| Assets | ||
| Cash and Cash Equivalent | 2,303,285 | 4,583,264 |
| Statutory Balances and due from Nepal Rastra Bank | 629,487 | 1,722,987 |
| Placement with Banks & Financial Institutions | - | - |
| Derivatives Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loan and Advances to MFIs & Cooperatives | - | - |
| Loan and Advances to Customer | 28,784,900 | 27,966,277 |
| Investment Securities | 3,025 | 3,025 |
| Current Tax Assets | - | - |
| Investment in subsidiaries | - | - |
| Investment in Associates | - | - |
| Investment Property | - | - |
| Property and Equipment | 94,973 | 94,725 |
| Goodwill and Intangible Assets | 190,916 | 190,916 |
| Deffered Tax Asssets | 34,418 | 34,418 |
| Other Assets | 507,296 | 150,064 |
| Total Assets | 32,548,300 | 34,745,676 |
| Liabilities | ||
| Due to Banks and Financial Institutions | - | - |
| Due to Nepal Rastra Banks | - | - |
| Derivative Financial Instruments | - | - |
| Deposits from Customers | 8,105,612 | 8,003,340 |
| Borrowings | 18,410,886 | 21,183,343 |
| Current Tax Liabilities | 40,689 | 7,214 |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other Liabilities | 1,556,603 | 1,302,377 |
| Debt Securities Issued | - | - |
| Subordinated Liabilities | - | - |
| Total liabilities | 28,113,790 | 30,496,274 |
| Equity | ||
| Share Capital | 1,521,363 | 1,521,363 |
| Share Premium | - | - |
| Retained Earnings | 1,055,321 | 910,520 |
| Reserves | 1,857,826 | 1,817,519 |
| Total equity attributable to equity holders | 4,434,510 | 4,249,402 |
| Non-controlling interests | - | - |
| Total equity | 4,434,510 | 4,249,402 |
| Total Liabilities and Equity | 32,548,300 | 34,745,676 |
| Net worth value per share | 291.48 | 279.32 |
| Value of assets per share | 2,139.42 | - |
Condensed Statement of Profit and Loss
As on Quarter Ended 31st Aswin 2083 (17/10/2026)
Rs in "000"
| Particulars Current Year This Quarter Current Year Upto | Particulars Current Year This Quarter Current This Quarter (YTD) | Corresponding Previous Year This Quarter Corresponding Previous Year Upto | Corresponding Previous Year This Quarter Corresponding Previous This Quarter (YTD) | |
|---|---|---|---|---|
| Interest Income | 879,322 | 879,322 | 842,820 | 842,820 |
| Interest Expense | 381,501 | 381,501 | 419,609 | 419,609 |
| Net Interest Income | 497,821 | 497,821 | 423,211 | 423,211 |
| Fee and Commission Income | 86,313 | 86,313 | 61,524 | 61,524 |
| Fee and Commission Expense | - | - | - | - |
| Net Fee and Commission Income | 86,313 | 86,313 | 61,524 | 61,524 |
| Net Interest, Fees and Commission | 584,134 | 584,134 | 484,734 | 484,734 |
| Net Trading Income | - | - | - | - |
| Other Operating Income | - | - | - | - |
| Total Operating Income | 584,134 | 584,134 | 484,734 | 484,734 |
| Impairment Charge/(reversal) for Loans | 37,014 | 37,014 | 38,675 | 38,675 |
| Net operating Income | 547,120 | 547,120 | 446,059 | 446,059 |
| Operating Expense | 274,938 | 274,938 | 239,935 | 239,935 |
| Personnel Expenses | 214,922 | 214,922 | 153,383 | 153,383 |
| Other Operating Expenses | 57,600 | 57,600 | 74,823 | 74,823 |
| Depreciation & Amortization | 2,416 | 2,416 | 11,730 | 11,730 |
| Operating Profit | 272,182 | 272,182 | 206,124 | 206,124 |
| Non-Operating Income | - | - | - | - |
| Non-Operating Expense | - | - | - | - |
| Profit before Income Tax | 272,182 | 272,182 | 206,124 | 206,124 |
| Income Tax Expense | 81,655 | 81,655 | 61,837 | 61,837 |
| Current Assets | 81,655 | 81,655 | 61,837 | 61,837 |
| Deferred Tax | - | - | - | - |
| Profit for the Period | 190,528 | 190,528 | 144,287 | 144,287 |
| Condensed Statement of Comprehensive Income | ||||
| Profit for the period | 190,528 | 190,528 | 144,287 | 144,287 |
| Other Comprehensive Income | - | - | - | - |
| Total comprehensive income | 190,528 | 190,528 | 144,287 | 144,287 |
| Per share income | ||||
| Basic earning per share (Basic EPS) | - | 50.09 | - | 43.34 |
| Diluted earning per share (Diluted EPS) | - | 50.09 | - | 43.34 |
| Ratio as per NRB Directives | ||||
| Particulars Current Year This Quarter Current Year Upto This Quarter Correspondin Previous Year This Quarter Correspondin Previous Year Upto This Quarter | ||||
| Capital Fund to RWA | - | - | ||
| Non-Performing Loan (NPL) to Total Loan | - | - | ||
| Total Loan Loss Provision to Total NPL | - | - | ||
| Cost of Funds | - | - | ||
| Credit to Deposit | - | - | ||
| Base Rate (Ashoj) | - | - | ||
| Interest rate Spread | - | - | ||
Average Base Rate of Ashad, Shrawan, Bhadra: 9.76%
Interest rate on Deposits & Loan & Advance
1. On Deposits : 7.5% to 13.26% 2. Loan : 12% to 15%
Statement of Distributable Profit and Loss
As on Quarter Ended 31st Aswin 2083 (17/10/2026)
Rs in "000"
Particulars Upto This Quarter
Net Profit for the period end Quarter 190,528
Appropriations
1.1 Profit required to be appropriated to:
a. General Reserve (38,106)
b. Foreign Exchange Fluctuation Fund -
c. Capital Redemption Reserve -
d. Corporate Social Responsibility (1,905)
e. Employee Trainning Fund -
f. Client Protection Fund (5,716)
g. Other-Employee Welfare Fund -
Profit or Loss of this Quarter before regulatory adjustment 144,801
a. Interest receivable (-)/previous accrued interest received (+)
b. Short loan loss provision in accounts (-)/reversal (+)
c. Short provision for possible losses on investment (-)/reversal (+)
d. Short loan loss provision on Non Banking Assets (-)/reversal (+)
e. Deferred tax assets recognised (-)/ reversal (+)
f. Goodwill recognised (-)/ impairment of Goodwill (+)
g. Bargain purchase gain recognised (-)/reversal (+)
h. Acturial loss recognised (-)/reversal (+)
i. Loan Loss Reserve Written Back on Restructure Loan (+/-)
Profit brought forward from Previous Years 910,520
Previous year's dividend paid (Share + Cash)
Previous year tax arrears paid
Net Profit for the period end available for distribution 1,055,321
Notes to interim financial statements:
1. The above figures are subject to change as per the direction of the supervisors, regulators and or external auditors.
2. The interim financial statements have been prepared in accordance with Nepal Financial Reporting Standard (NFRS) as issued by the Accounting Standard Board, Nepal and applied the carve out issued by ICAN.
3. Loan and advances to customers are presented as a net amount of impairment and includes staff loans.
4. Actuary valuation will be done for employment service benefits
5. The previous period's figures have been reclassified, restated, and regrouped wherever necessary for comparability and consistent.
- The interim financial statement has been updated in https://nationalmicrofinance.com.np/
- Personnel expenses include staff bonus allocated as per rule.
- The financial statements have been prepared except ECL guidelines.
First Quarterly Report of F.Y. 2083/84 (Related to Sub-rule (1) of Rule 26 of Securities Registration and Issue Regulations, 2073)
1. Financial Statements:
(a) The Balance Sheet and Profit and Loss Statement for the quarterly period are published herewith.
(b) Key Financial Ratios:
Earnings Per Share (Annualized) Rs 50।09
Price Earnings Ratio 23।55
Net Worth Per Share Rs 291।48
Total Assets Value Per Share Rs 2,139।42
Liquidity Ratio 13।96
2. Management Analysis:
(a) Major reasons for any changes in the institution's balance, income, and liquidity during this quarterly period: During this period, the balance, income, and liquidity of the financial institution have increased satisfactorily as estimated by the management.
(b) Analytical details of the management regarding the business plan for the upcoming period: As a national level financial institution, right from its inception, it has been moving forward with the determination to provide microfinance services across Nepal with the aim of increasing financial inclusion in Nepal. Currently, the institution is providing microfinance services to 3,78,792 deprived families at their doorstep across 74 districts through 184 branch offices nationwide. The institution is taking steps to expand programs to provide fast, efficient, reliable, and sustainable services using the latest technologies. The institution has been providing responsible microfinance services with a special focus on women for operating businesses such as agriculture, animal husbandry, service business, and micro-enterprises. Management is committed to refining services and facilities according to the needs of customers over time. The goal for the coming fiscal year is to expand branches in rural areas lacking financial access and to expand services and facilities even more effectively.
(c) Analytical details regarding events/conditions from past experience that could have a material impact on the entity's balance, profit, or cash flow: The institution's business may be affected by factors such as liquidity conditions in the banking sector, fluctuations in interest rates on wholesale loans taken under the deprived sector from banks and financial institutions, adverse activities related to installment collection against microfinance financial institutions, and existing economic contraction and recession in the economy. However, due to the efficient work policies adopted by the institution, it has not faced any serious problems.
3. Details Regarding Legal Proceedings:
(a) No lawsuit regarding payments has been filed by or against the institution during this 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 violating prevailing rules or committing a criminal offense.
(c) No information has been received regarding any lawsuit filed by or against any promoter or director for committing an economic crime.
4. Analysis of Stock Transactions of the Entity:
(a) For share transactions in the secondary market, the institution's shares are listed on Nepal Stock Exchange Limited and transactions are taking place accordingly.
(b) According to the website of Nepal Stock Exchange, transactions of the shares during this quarterly period are seen as follows.
Maximum Price Rs 1,235/-
Minimum Price Rs 1,082/-
Closing Price Rs 1,199।90
Trading Days 61
Number of Transactions 2723
Traded Share Quantity 2,58,964
5. Problems and Challenges: Among the problems and challenges faced by the financial institution, adverse situations that may arise unexpectedly, reliance on credit funds, the impact on customers' businesses and income due to economic recession, contraction of the economy, volatile political situation, chaotic activities happening against microfinance institutions, etc., cause operating costs to increase, which presents an ongoing risk of impacting profitability.
6. Corporate Governance: The institution has complied with the directives issued by Nepal Rastra Bank, including corporate governance, as well as prevailing laws, the Companies Act 2063, Bank and Financial Institutions Act 2063, Nepal Rastra Bank Act 2058, Securities Act 2063, and Income Tax Act 2058. The institution has prepared and implemented necessary procedures including Memorandum of Association, Articles of Association, Employee Service Regulations, Financial Administration Regulations, and Credit Policy. To make its operations neat, prompt, transparent, and internal system effective, the institution is functioning through committees such as the Board of Directors, Management Group, and Audit Committee at the management level, Risk Management Committee, Employee Service and Benefits Committee, and Asset Strengthening Monitoring Committee.
7. Declaration by Chief Executive Officer on Truthfulness and Accuracy: I personally take responsibility for the accuracy of the information and details mentioned in this report up to today's date. Also, 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 or information necessary for informing investors and taking decisions have been concealed.