नेपाल इन्भेष्टमेण्ट मेघा बैंकको पहिलो त्रैमासिक वित्तीय विवरणNepal Investment Mega Bank Q1 Financial Results
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 1, 2026
Unaudited Financial
First Quarterly Report FY
Condensed Consolidated Statement of Financial Position As on Quarter ended 20
| Assets Group | This Quarter Ending Ashwin 31 2083 | Immediate Previous Year Ending (UnAudited) Ashad 32 2083 | This Quarter Ending Ashwin 31 2083 |
|---|---|---|---|
| Cash and Cash Equivalent | 18,934,776 | 16,522,072 | 18,83 |
| Due from Nepal Rastra Bank | 30,157,263 | 22,307,889 | 30,15 |
| Placements with Banks and FIs | 45,034,112 | 48,055,552 | 45,03 |
Derivative financial instruments 342,158 - 34
| Liabilities Group | This Quarter Ending Ashwin 31 2083 | Immediate Previous Year Ending (UnAudited) Ashad 32 2083 | This Quarter Ending Ashwin 31 2083 |
|---|---|---|---|
| Other trading assets | 735,476 | 780,693 | 35 |
| Loans and advances to B/FIs | 15,662,979 | 16,214,538 | 15,66 |
| Loans and advances to customers | 322,412,019 | 321,342,058 | 322,41 |
| Investment Securities | 169,508,411 | 162,848,796 | 167,47 |
| Current tax assets | - | 586,638 | - |
| Investments in subsidiaries | - | - | 1,47 |
| Investments in associates | 644,843 | 621,806 | 14 |
| Investment Property | 5,851,583 | 5,877,949 | 5,85 |
| Property and Equipment | 8,353,519 | 8,425,793 | 8,17 |
| Goodwill and Intangible assets | 1,126,437 | 1,128,687 | 1,11 |
| Deferred tax assets | 4,579,528 | 4,332,613 | 4,58 |
| Other assets | 8,166,874 | 6,708,336 | 7,47 |
| Total Assets | 631,509,977 | 615,753,420 | 629,07 |
| Due to Banks and Financial Institutions | 2,764,705 | 2,527,851 | 2,76 |
| Due to Nepal Rastra Bank | - | - | - |
| Derivative Financial Instruments | - | 137,750 | - |
| Deposits from customers | 540,536,913 | 526,295,375 | 540,79 |
| Borrowings | - | - | - |
Current tax liabilities 172,450 - 16
Provisions - 6,619 -
| Deferred tax liabilities | - | - | - |
| Other Liabilities | 10,351,366 | 10,231,644 | 8,75 |
| Debt securities issued | 8,040,000 | 8,040,000 | 8,04 |
| Subordinated liabilities | - | - | - |
| Total Liabilities | 561,865,434 | 547,239,239 | 560,51 |
| Equity | |||
| Share capital | 34,128,595 | 34,128,595 | 34,12 |
| Share premium | - | - | - |
Retained earnings (4,255,577) (4,222,291) (5,16
| Reserves | 39,771,526 | 38,607,878 | 39,59 |
| Total equity attributable to equity holders | 69,644,544 | 68,514,182 | 68,55 |
| Non-Controlling Interest | - | - | - |
| Total equity | 69,644,544 | 68,514,182 | 68,55 |
| Total Liabilities and Equity | 631,509,977 | 615,753,420 | 629,07 |
Condensed Consolidated Statement of Profit or Loss
For the Quarter ended 2083 Ashwin
Particulars Group Current Year This Quarter Up to This Quarter (YTD) Previous Year Corresponding This Quarter Up to This Quarter (YTD) Current Year This Quarter Up to This Quarter (YTD)
Interest income 7,427,609 7,427,609 8,351,575 8,351,575 7,417,121 7,417,1
Statement of Distributable Profit or Loss
For the year ended 31st Ashwin 2083
NPR in 000
| Particulars Current Year Upto This Year YTD Previous Year Up to This Quarter (YTD) (UnAudited) | ||
| Net Profit as per statement of profit or loss | 1,181,421 | 45,050 |
| Appropriations | - | - |
| Profit required to be appropriated to statutory reserve | - | - |
| a. General Reserve | (236,284) | (9,010) |
| b. Exchange Fluctuation Fund | (1,788) | (3,803) |
| c. Capital Redemption Reserve | - | - |
d. Corporate Social Responsibility Fund (11,710) (161)
| e. Employees Training Fund | (12,212) | (12,847) |
| f. Debenture Redemption Reserve | (278,889) | (278,889) |
| g. Investment Adjustment Reserve | - | - |
| h. Other | - | - |
| Profit or (loss) before regulatory adjustment | 640,538 | (259,660) |
| Profit required to be transfer to Regulatory Reserve | - | - |
| a. Interest receivable (-)/previous accrued interest received (+) | (500,738) | (685,958) |
| 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 (+) | 13,122 | (95,830) |
| e. Deferred tax assets recognised (-)/ reversal (+) | (227,001) | (630,030) |
| f. Goodwill recognised (-)/ impairment of Goodwill (+) | - | - |
| g. Bargain purchase gain recognised (-)/reversal (+) | - | - |
| h. Actuarial loss recognised (-)/reversal (+) | - | - |
| i. Gain/Loss on disposal of equity investment designated at FVTOCI | - | - |
| j.Other Reserve | - | 10,681 |
| Net Profit for the Ashwin Quarter End available for distribution | (74,077) | (1,660,796) |
| Opening Retained Earning as on Shrawan 1 2083 | (5,087,553) | 491,356 |
| Adjustment (+/-) | - | - |
| Distributions | - | - |
| Bonus Shares issued | - | - |
| Cash dividend Paid | - | - |
| Total distributable profit as on Ashwin end 2083 | (5,161,630) | (1,169,440) |
| Distributable Profit/Loss per share (till Ashwin end) | (15.12) | (3.43) |
Note:
Debenture of NPR 2 billion has been matured on 3rd Ashad 2083. Upon maturity, corresponding Debenture Redemption Reserve amounting to NPR 2 billion has been transferred to Capital Adjustment Reserve in line with clause 6(12) of Unified NRB directive no 16. This reserve is available for the distribution of bonus shares only subject to approval of regulatory authority.
धितोपत्र दर्ता तथा निष्काशन नियमावली, २०७३ को अनुसूची - १४
( नियम २६ को उपनियम (१) सँग सम्बन्धित ) आ.व. २०८३/८४ को पहिलो त्रैमासिक प्रतिवेदन
१. वित्तीय विवरण
(क) त्रैमासिक अवधिको वासलात, नाफा नोक्सान सम्बन्धी विवरण यसै साथ संलग्न गरिएको छ ।
(ख) सम्बन्धित पक्ष (Related Party) विच भएको कारोबार सम्बन्धी विवरण
(१) NIMB ACE CAPITAL LTD. को यस बैंकमा रहेको विभिन्न खाताहरूमा असोज मसान्तमा रकम रु. २५.७७ करोड निक्षेप रहेको छ । सो अवधिमा बैंकले व्याज वापत रकम रु. २०.६७ लाख भुक्तानी गरेको छ ।
(२) यस बैंकले आफ्ना एक जना प्रबन्धक स्तरका कर्मचारीलाई सो कम्पनीको कार्यकारी प्रमुखको रुपमा नियुक्त गरेको छ । शेयर रजिस्ट्रार सम्बन्धी कार्यमा सहयोग गर्नका लागि यस बैंकले १ जना कर्मचारीलाई उक्त कम्पनीमा खटाएको छ र उक्त कर्मचारीको तलब तथा भत्ता उक्त कम्पनीले बैंकलाई शोधभर्ना गर्ने गरेको छ ।
(३) बैंकले सो कम्पनीलाई व्यवस्थापन तथा अन्य आवश्यक सेवा प्रदान गर्नको निम्ती सो कम्पनीसँग व्यवस्थापन सेवा करार गरेको छ । सो वापत बैंकले वार्षिक रुपमा रु. २७ लाख सेवा शुल्क प्राप्त गर्ने गरेको छ ।
| Net interest income | 3,284,242 | 3,284,242 | 3,260,470 | 3,260,470 | 3,271,685 |
| Fees and Commission income | 864,666 | 864,666 | 806,245 | 806,245 | 733,582 |
| Fees and Commission expense | (133,015) | (133,015) | (110,215) | (110,215) | (141,468) |
| Net fee and commission income | 731,651 | 731,651 | 696,030 | 696,030 | 592,114 |
| Net interest, fee and commission income | 4,015,893 | 4,015,893 | 3,956,500 | 3,956,500 | 3,863,799 |
| Net trading income | 312,173 | 312,173 | 145,588 | 145,588 | 312,968 |
| Other operating income | 151,337 | 151,337 | 318,255 | 318,255 | 172,712 |
| Total Operating Income | 4,479,402 | 4,479,402 | 4,420,342 | 4,420,342 | 4,349,479 |
| Impairment (charges)/reversals for loans & other losses | (1,097,393) | (1,097,393) | (2,800,431) | (2,800,431) | (1,097,393) |
| Net operating income | 3,382,009 | 3,382,009 | 1,619,912 | 1,619,912 | 3,252,086 |
| Operating expenses | (1,652,092) | (1,652,092) | (1,435,884) | (1,435,884) | (1,561,381) |
| Personnel Expenses | (999,773) | (999,773) | (816,623) | (816,623) | (950,085) |
| Other Operating Expenses | (528,666) | (528,666) | (497,708) | (497,708) | (497,595) |
| Depreciation and Amortization | (123,653) | (123,653) | (121,554) | (121,554) | (113,701) |
| Operating profit | 1,729,918 | 1,729,918 | 184,027 | 184,027 | 1,690,705 |
| Non operating income | 24,092 | 24,092 | 40,861 | 40,861 | 1,055 |
| Non operating expense | (3,959) | (3,959) | (52,447) | (52,447) | (3,959) |
| Profit before income tax | 1,750,051 | 1,750,051 | 172,441 | 172,441 | 1,687,801 |
| Income tax expense | |||||
| Current Tax | (751,271) | (751,271) | (698,270) | (698,270) | (733,380) |
| Deferred Tax | 226,726 | 226,726 | 630,030 | 630,030 | 227,001 |
| Profit for the period | 1,225,505 | 1,225,505 | 104,201 | 104,201 | 1,181,421 |
Condensed Consolidated Statement of Comprehensive Income
| Profit/(loss) for the period | 1,225,505 | 1,225,505 | 104,201 | 104,201 | 1,181,421 |
| Other Comprehensive Income | (56,792) | (53,418) | (551,516) | (551,516) | (56,792) |
| Total Comprehensive Income | 1,168,713 | 1,172,087 | (447,315) | (447,315) | 1,124,629 |
| Basic earnings per share | 14.36 | 1.22 | |||
| Diluted earnings per share | 14.36 | 1.22 | |||
| Profit attributable to: | |||||
| Equity holders of the Bank | 1,168,713 | 1,172,087 | (447,315) | (447,315) | 1,124,629 |
| Non-controlling Interest | - | - | - | - | - |
| Total | 1,168,713 | 1,172,087 | (447,315) | (447,315) | 1,124,629 |
| Ratios as per NRB Directive | |||||
| Group | |||||
| Current Year | |||||
| Previous Year Corresponding | |||||
| Current Year | |||||
| Particulars This Quarter Up to This Quarter (YTD) This Quarter Up to This Quarter (YTD) This Quarter Up to This Quarter (YTD) | |||||
| Capital Fund to RWA | - | - | - | ||
Tier 1 Capital to RWA - 9.42% - 10.55% - 9.42%
CET 1 Capital to RWA - 9.42% - 10.55% - 9.42%
| Gross Non-Performing Loan (NPL) to Total Loan | - | - | - |
| Net Non- Performing Loan | - | - | - |
| Total Loan Loss Provision to Total NPL | - | - | - |
| Cost of Funds | - | - | - |
| Credit to Deposit Ratio | - | - | - |
| Base Rate (Quarterly average) | - | - | - |
Base Rate (monthly Ashwin 2083) - 4.44% - 5.56% - 4.44%
| Interest Rate Spread | - | - | - | |||
| Net Liquid Assets/Total Deposit | - | - | - | |||
| Return on Equity | - | - | - | |||
| Return on Assets | - | - | - | |||
| Basic EPS (Annualized) | - | 14.36 | - | 1.22 | - | 13.8 |
| Market Price per Share | - | 206.20 | - | 197.50 | - | 206.2 |
| PE Ratio | - | 14.36 | - | 161.72 | - | 14.8 |
| Networth Per Share | - | 204.07 | - | 198.46 | - | 200.8 |
| Total Assets Per Share | - | 1,850.38 | - | 1,718.12 | - | 1,843.2 |
Notes:
१. The above financials have been prepared in accordance with Nepal Rastra Bank's (NRB) directives, guidelines issued by NRB, and Nepal F
२. Loans and advances include loans to customers, staffs, accrued interest receivable and are presented net of impairment losses.
३. The Bank, following regulatory backstop measures as mentioned in Clause 16 of "NFRS 9- Expected Credit Loss Related Guidelines, 2 impairment on credit exposures as the higher of total ECL calculated as per NFRS 9 and existing regulatory provisions as mentioned in Un
४. Interest income on loans and advances has been recognized as per Guidance Note on Interest Income Recognition, 2025.
५. Actuarial valuation for employee benefit and lease calculation as per NFRS 16 is done on annual basis.
६. Group represents Nepal Investment Mega Bank Ltd. and its subsidiaries NIMB Ace Capital Ltd and NIMB Stock Markets Limited
७. Intercompany transactions among the Group have been eliminated in the above statement related to the Group.
८. The above figures are subject to change as per the directions, if any, of Nepal Rastra Bank and/or Statutory Auditor.
९. The detailed interim report has been published in bank's website www.nimb.com.np.
बैंकले उक्त कम्पनीलाई आफ्नो शेयर रजिष्ट्रार नियुक्ति गरेको छ । सो सेवा वापत बैंकले वार्षिक रुपमा रु. ५ लाख सेवा शुल्क भुक्तानी गर्ने गरेको छ ।
(५) बैंकले एनआईबिएल म्युचुअल फण्ड अन्तर्गत निष्काशन गरेको एनआईबिएल सहभागिता फण्डमा बीज पूँजी वापत रु. ८३ करोड ५० लाख लगानी गरेको छ ।
(६) बैंकले एनआईबिएल म्युचुअल फण्ड अन्तर्गत निष्काशन गरेको एनआईबिएल समृद्धि फण्ड २ मा बीज पूँजी वापत रु. २९ करोड लगानी गरेको छ ।
(७) बैंकले एनआईबिएल म्युचुअल फण्ड अन्तर्गत निष्काशन गरेको एनआईबिएल ग्रोथ फण्ड मा बीज पूँजी वापत रु. ३० करोड ४० लाख लगानी गरेको छ ।
(८) बैंकले मेगा म्युचुअल फण्ड अन्तर्गत निष्काशन गरेको मेगा म्युचुअल फण्ड १ मा पूँजी वापत रु. १९ करोड १९ लाख लगानी गरेको छ ।
(९) बैंकले एनआईबिएल म्युचुअल फण्ड अन्तर्गत निष्काशन गरेको एनआईबिएल स्टेबल फण्ड मा बीज पूँजी वापत रु. १६ करोड चौधतर हजार पाँच सय लगानी गरेको छ ।
(१०) बैंकले एनआईबिएल इक्विटी पार्टनर्समा रु.२ अर्ब ५० करोड लगानी गरेको छ ।
(११) एनआईएमबि एस क्यापिटल लिमिटेडले यस त्रैमास अन्त्यसम्म साविक गण्डकी विकास बैंक लिमिटेडको विगत वर्षहरूका लाभांश कर रकम रु १.६१ लाख शेयरधनीहरूवाट संकलन गरेको छ । उक्त रकम यस बैंकलाई तिर्न बाँकी रकम शीर्षकमा देखाइएको छ ।
(१२) बैंक तथा एनआईएमबि एस क्यापिटल लिमिटेड बीचको सम्पूर्ण कारोबार असम्वद्ध पक्षबीच कारोबार (Arms Length Basis) को रुपमा गर्ने गरिएको छ ।
(१३) साथै यस बैंकको पूर्ण स्वामित्वमा रहेको सहायक कम्पनी एनआईमबि स्टक मार्केटस् लिमिटेडले यस त्रैमासको अन्त्यमा यस बैंकको खातामा रु.२२ लाख निक्षेप रहेको छ भने बैंकले निक्षेप ब्याज वापत रु.२ हजार भुक्तानी गरेको छ ।
(ग) प्रति शेयर आम्दानी, P/E ratio, प्रति शेयर नेटवर्थ, प्रति शेयर कुल सम्पत्तिको मूल्य, तरलता अनुपात सम्वन्धी विवरण सहित) – यसै साथ संलग्न गरिएको छ ।
२. व्यवस्थापकीय विश्लेषण
(क) त्रैमासिक अवधिमा बैंकको मौज्दात, आम्दानी र तरलतामा समयको अन्तरालमा बजार स्थिति मुताबिक हुने सामान्य परिवर्तन बाहेक अन्य कुनै तात्विक परिवर्तन नभएको र यस अवधिमा बैंकको समष्टिगत वित्तीय स्थिति, मौज्दात, तथा तरलताको अवस्था सन्तोषजनक रहेको व्यवस्थापनको धारणा रहेको छ ।
(ख) आगामी अवधिमा थप गुणस्तरीय सेवा प्रदान गर्नुको साथै नयाँ नयाँ व्यवसायिक योजनाको विकास, लगानीका क्षेत्रहरूको खोजी, व्यवसायिक संजाल वृद्धि, व्यवसाय विविधिकरण तथा व्यवसायिक विकासका लागि शाखा संजाल विस्तारका साथै ग्राहकको चाहना बमोजिम आधुनिक बैंकिङ्ग तथा वित्तीय सेवा तथा सुविधा शुरु गर्ने बैंकको योजना रहेको छ ।
(ग) विगतको अनुभवबाट बैंकको मौज्दात, नाफा वा नगद प्रवाहमा तात्विक असर पार्ने कुनै घटना, अवस्था आदी नभएको ।
३. कानूनी कारवाही सम्वन्धी विवरण
(क) त्रैमासिक अवधिमा संगठित संस्थाले वा संस्थाको विरुद्ध कुनै तात्विक मुद्दा दायर नभएको ।
(ख) संस्थाको संस्थापक वा संचालकले वा संस्थापक वा संचालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी अपराध गरेको सम्बन्धमा बैंकले कर्जा असुलीको क्रममा धितो लिलामी गरेको सम्बन्धमा मिति २०८३।०४।२७ गते ६ संचालकहरु तथा प्रमुख कार्यकारी अधिकृतका विरुद्ध श्री सम्मानित जिल्ला अदालत काठमाडौँमा मुद्दा दायर भएको जानकारी हुन आएको ।
(ग) कुनै संस्थापक वा संचालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर नभएको ।
४. संगठित संस्थाको शेयर कारोबार सम्वन्धी विश्लेषण
(क) शेयर कारोबारमा हुने उतार चढाव खुल्लाबाजारले प्रतिपादित गरेको मुल्य तथा मान्यता अनुरुप बैंकको शेयर कारोबार हुने व्यवस्थापनको धारणा रहेको ।
(ख) त्रैमासिक अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिममूल्य, कारोबार भएको कुल दिन तथा कारोबार संख्या :-
नेपाल स्टक एक्सचेन्ज लि. को वेबसाइट अनुसार
| सर्वसाधारण संस्थापक | ||
| अधिकतम मूल्य | २१३.०० | १६०.०० |
| न्यूनतम मूल्य | १८१.०० | १३४.१० |
| अन्तिम मूल्य | २०६.२० | १५०.१० |
कारोबार भएको कुल दिन ६१ ५९
शेयर कारोबार संख्या (हजारमा) ८,८२५.१४८ ८७०.३९०
५. समस्या तथा चुनौती
जेनजी आन्दोलन पश्चात देशमा उत्पन्न आर्थिक अनिश्चितता, लगानी मनोबलमा कमि, कर्जाको मागमा आएको कमीले लगानी विस्तारमा संकुचन तथा अन्तराष्ट्रिय आर्थिक तथा व्यापारिक परिदृश्यमा हुने अनपेक्षित उतार चढाव, छोटो अन्तरालमा हुने ब्याजदर परिवर्तनलाई बैंकले बाह्य समस्या तथा चुनौतीको रुपमा लिएको छ र मानव संसाधनमा हुने परिवर्तनलाई आन्तरिक समस्या तथा चुनौतीको रुपमा लिएको छ । साथै काबुभन्दा बाहिरका परिस्थिति बाहेक उपरोक्त चुनौति समाधान गर्न व्यवसाय विविधिकरण, ग्राहकमुखी गुणस्तरीय सेवा तथा खर्चमा मितव्ययीता,मानव संशाधन विकास आदि क्षेत्रमा लगानी गर्ने रणनीति लिएको छ ।
६. संस्थागत सुशासन
संस्थागत सुशासन अभिवृद्धिका लागि व्यवस्थापनद्वारा चालिएका कदम सम्वन्धी विवरण :
(क) संचालक समिति,कर्जा तथा जोखिम व्यवस्थापन समिति, पदपूर्ति तथा बढुवा समिति, सम्पत्ति तथा दायित्व समिति,सम्पत्ति शुद्धिकरण नियन्त्रण समिति लगायत विभिन्न समितिहरु क्रियाशील रहेका छन् ।
(ख) आन्तरिक नियन्त्रण प्रणालीलाई व्यवस्थित गर्न आन्तरिक लेखापरीक्षकबाट नियमित रुपमा लेखापरीक्षण गराई प्रतिवेदनमा दिइएका सुझावहरु कार्यान्वयन तथा समिक्षा गर्न लेखापरीक्षण समितिको बैठक नियमित बस्ने गरेको छ ।
(ग) संचालन जोखिमहरु कम गर्न तथा कारोबारलाई व्यवस्थित गर्न विभिन्न आन्तरिक नीति, नियम तथा निर्देशिकाहरुको तर्जुमा गरि लागू गरिएको छ ।
(घ) संस्थागत सुशासन कायम गर्न आचार सहिता जारी गरी सो को अनुगमनको समेत व्यवस्था गरिएको अलावा अनुपालना विभागबाट सो सम्बन्धमा नियमित अनुगमन गर्ने व्यवस्था समेत गरिएको छ ।
७. सत्य, तथ्यता सम्बन्धमा अध्यक्ष/कार्यकारी प्रमुखको उदघोषण
आजका मितिसम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरुको शुद्धता सम्बन्धमा म व्यक्तिगत रुपमा उत्तरदायित्व लिन्छु । साथै म यो उद्घोष गर्दछुकी मैले जाने बुझे सम्म यस प्रतिवेदनमा उल्लेखित विवरणहरु सत्य, तथ्य र पूर्ण छन् र लगानीकर्ताहरूलाई सुसूचित निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरु लुकाइएको छैन ।
ज्योति प्रकाश पाण्डे
प्रमुख कार्यकारी अधिकृत
Unaudited Financial
First Quarterly Report FY
Condensed Consolidated Statement of Financial Position As on Quarter ended 20
| Assets Group | This Quarter Ending Ashwin 31 2083 | Immediate Previous Year Ending (UnAudited) Ashad 32 2083 | This Quarter Ending Ashwin 31 2083 |
|---|---|---|---|
| Cash and Cash Equivalent | 18,934,776 | 16,522,072 | 18,83 |
| Due from Nepal Rastra Bank | 30,157,263 | 22,307,889 | 30,15 |
| Placements with Banks and FIs | 45,034,112 | 48,055,552 | 45,03 |
Derivative financial instruments 342,158 - 34
| Liabilities Group | This Quarter Ending Ashwin 31 2083 | Immediate Previous Year Ending (UnAudited) Ashad 32 2083 | This Quarter Ending Ashwin 31 2083 |
|---|---|---|---|
| Other trading assets | 735,476 | 780,693 | 35 |
| Loans and advances to B/FIs | 15,662,979 | 16,214,538 | 15,66 |
| Loans and advances to customers | 322,412,019 | 321,342,058 | 322,41 |
| Investment Securities | 169,508,411 | 162,848,796 | 167,47 |
| Current tax assets | - | 586,638 | - |
| Investments in subsidiaries | - | - | 1,47 |
| Investments in associates | 644,843 | 621,806 | 14 |
| Investment Property | 5,851,583 | 5,877,949 | 5,85 |
| Property and Equipment | 8,353,519 | 8,425,793 | 8,17 |
| Goodwill and Intangible assets | 1,126,437 | 1,128,687 | 1,11 |
| Deferred tax assets | 4,579,528 | 4,332,613 | 4,58 |
| Other assets | 8,166,874 | 6,708,336 | 7,47 |
| Total Assets | 631,509,977 | 615,753,420 | 629,07 |
| Due to Banks and Financial Institutions | 2,764,705 | 2,527,851 | 2,76 |
| Due to Nepal Rastra Bank | - | - | - |
| Derivative Financial Instruments | - | 137,750 | - |
| Deposits from customers | 540,536,913 | 526,295,375 | 540,79 |
| Borrowings | - | - | - |
Current tax liabilities 172,450 - 16
Provisions - 6,619 -
| Deferred tax liabilities | - | - | - |
| Other Liabilities | 10,351,366 | 10,231,644 | 8,75 |
| Debt securities issued | 8,040,000 | 8,040,000 | 8,04 |
| Subordinated liabilities | - | - | - |
| Total Liabilities | 561,865,434 | 547,239,239 | 560,51 |
| Equity | |||
| Share capital | 34,128,595 | 34,128,595 | 34,12 |
| Share premium | - | - | - |
Retained earnings (4,255,577) (4,222,291) (5,16
| Reserves | 39,771,526 | 38,607,878 | 39,59 |
| Total equity attributable to equity holders | 69,644,544 | 68,514,182 | 68,55 |
| Non-Controlling Interest | - | - | - |
| Total equity | 69,644,544 | 68,514,182 | 68,55 |
| Total Liabilities and Equity | 631,509,977 | 615,753,420 | 629,07 |
Condensed Consolidated Statement of Profit or Loss
For the Quarter ended 2083 Ashwin
Particulars Group Current Year This Quarter Up to This Quarter (YTD) Previous Year Corresponding This Quarter Up to This Quarter (YTD) Current Year This Quarter Up to This Quarter (YTD)
Interest income 7,427,609 7,427,609 8,351,575 8,351,575 7,417,121 7,417,1
Statement of Distributable Profit or Loss
For the year ended 31st Ashwin 2083
NPR in 000
| Particulars Current Year Upto This Year YTD Previous Year Up to This Quarter (YTD) (UnAudited) | ||
| Net Profit as per statement of profit or loss | 1,181,421 | 45,050 |
| Appropriations | - | - |
| Profit required to be appropriated to statutory reserve | - | - |
| a. General Reserve | (236,284) | (9,010) |
| b. Exchange Fluctuation Fund | (1,788) | (3,803) |
| c. Capital Redemption Reserve | - | - |
d. Corporate Social Responsibility Fund (11,710) (161)
| e. Employees Training Fund | (12,212) | (12,847) |
| f. Debenture Redemption Reserve | (278,889) | (278,889) |
| g. Investment Adjustment Reserve | - | - |
| h. Other | - | - |
| Profit or (loss) before regulatory adjustment | 640,538 | (259,660) |
| Profit required to be transfer to Regulatory Reserve | - | - |
| a. Interest receivable (-)/previous accrued interest received (+) | (500,738) | (685,958) |
| 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 (+) | 13,122 | (95,830) |
| e. Deferred tax assets recognised (-)/ reversal (+) | (227,001) | (630,030) |
| f. Goodwill recognised (-)/ impairment of Goodwill (+) | - | - |
| g. Bargain purchase gain recognised (-)/reversal (+) | - | - |
| h. Actuarial loss recognised (-)/reversal (+) | - | - |
| i. Gain/Loss on disposal of equity investment designated at FVTOCI | - | - |
| j.Other Reserve | - | 10,681 |
| Net Profit for the Ashwin Quarter End available for distribution | (74,077) | (1,660,796) |
| Opening Retained Earning as on Shrawan 1 2083 | (5,087,553) | 491,356 |
| Adjustment (+/-) | - | - |
| Distributions | - | - |
| Bonus Shares issued | - | - |
| Cash dividend Paid | - | - |
| Total distributable profit as on Ashwin end 2083 | (5,161,630) | (1,169,440) |
| Distributable Profit/Loss per share (till Ashwin end) | (15.12) | (3.43) |
Note:
Debenture of NPR 2 billion has been matured on 3rd Ashad 2083. Upon maturity, corresponding Debenture Redemption Reserve amounting to NPR 2 billion has been transferred to Capital Adjustment Reserve in line with clause 6(12) of Unified NRB directive no 16. This reserve is available for the distribution of bonus shares only subject to approval of regulatory authority.
Securities Registration and Issuance Regulations, 2073 Schedule - 14
(Related to Rule 26 Sub-rule (1)) First Quarter Report of F.Y. 2083/84
1. Financial Statements
(a) The Balance Sheet and Profit and Loss Statement for the quarterly period are attached herewith.
(b) Details regarding transactions with Related Parties
(1) NIMB ACE CAPITAL LTD. holds deposits of Rs. 25.77 crore in various accounts with this bank as of Ashwin end. During this period, the bank paid interest amounting to Rs. 20.67 lakh.
(2) This bank has deputed one of its manager-level employees to serve as the Chief Executive Officer of the said company. The bank has deputed 1 employee to assist in share registrar-related activities, and the salary and allowances of the said employee are reimbursed by the company to the bank.
(3) The bank has entered into a management service contract with the company to provide management and other necessary services. The bank receives an annual service fee of Rs. 27 lakh for the same.
| Net interest income | 3,284,242 | 3,284,242 | 3,260,470 | 3,260,470 | 3,271,685 |
| Fees and Commission income | 864,666 | 864,666 | 806,245 | 806,245 | 733,582 |
| Fees and Commission expense | (133,015) | (133,015) | (110,215) | (110,215) | (141,468) |
| Net fee and commission income | 731,651 | 731,651 | 696,030 | 696,030 | 592,114 |
| Net interest, fee and commission income | 4,015,893 | 4,015,893 | 3,956,500 | 3,956,500 | 3,863,799 |
| Net trading income | 312,173 | 312,173 | 145,588 | 145,588 | 312,968 |
| Other operating income | 151,337 | 151,337 | 318,255 | 318,255 | 172,712 |
| Total Operating Income | 4,479,402 | 4,479,402 | 4,420,342 | 4,420,342 | 4,349,479 |
| Impairment (charges)/reversals for loans & other losses | (1,097,393) | (1,097,393) | (2,800,431) | (2,800,431) | (1,097,393) |
| Net operating income | 3,382,009 | 3,382,009 | 1,619,912 | 1,619,912 | 3,252,086 |
| Operating expenses | (1,652,092) | (1,652,092) | (1,435,884) | (1,435,884) | (1,561,381) |
| Personnel Expenses | (999,773) | (999,773) | (816,623) | (816,623) | (950,085) |
| Other Operating Expenses | (528,666) | (528,666) | (497,708) | (497,708) | (497,595) |
| Depreciation and Amortization | (123,653) | (123,653) | (121,554) | (121,554) | (113,701) |
| Operating profit | 1,729,918 | 1,729,918 | 184,027 | 184,027 | 1,690,705 |
| Non operating income | 24,092 | 24,092 | 40,861 | 40,861 | 1,055 |
| Non operating expense | (3,959) | (3,959) | (52,447) | (52,447) | (3,959) |
| Profit before income tax | 1,750,051 | 1,750,051 | 172,441 | 172,441 | 1,687,801 |
| Income tax expense | |||||
| Current Tax | (751,271) | (751,271) | (698,270) | (698,270) | (733,380) |
| Deferred Tax | 226,726 | 226,726 | 630,030 | 630,030 | 227,001 |
| Profit for the period | 1,225,505 | 1,225,505 | 104,201 | 104,201 | 1,181,421 |
Condensed Consolidated Statement of Comprehensive Income
| Profit/(loss) for the period | 1,225,505 | 1,225,505 | 104,201 | 104,201 | 1,181,421 |
| Other Comprehensive Income | (56,792) | (53,418) | (551,516) | (551,516) | (56,792) |
| Total Comprehensive Income | 1,168,713 | 1,172,087 | (447,315) | (447,315) | 1,124,629 |
| Basic earnings per share | 14.36 | 1.22 | |||
| Diluted earnings per share | 14.36 | 1.22 | |||
| Profit attributable to: | |||||
| Equity holders of the Bank | 1,168,713 | 1,172,087 | (447,315) | (447,315) | 1,124,629 |
| Non-controlling Interest | - | - | - | - | - |
| Total | 1,168,713 | 1,172,087 | (447,315) | (447,315) | 1,124,629 |
| Ratios as per NRB Directive | |||||
| Group | |||||
| Current Year | |||||
| Previous Year Corresponding | |||||
| Current Year | |||||
| Particulars This Quarter Up to This Quarter (YTD) This Quarter Up to This Quarter (YTD) This Quarter Up to This Quarter (YTD) | |||||
| Capital Fund to RWA | - | - | - | ||
Tier 1 Capital to RWA - 9.42% - 10.55% - 9.42%
CET 1 Capital to RWA - 9.42% - 10.55% - 9.42%
| Gross Non-Performing Loan (NPL) to Total Loan | - | - | - |
| Net Non- Performing Loan | - | - | - |
| Total Loan Loss Provision to Total NPL | - | - | - |
| Cost of Funds | - | - | - |
| Credit to Deposit Ratio | - | - | - |
| Base Rate (Quarterly average) | - | - | - |
Base Rate (monthly Ashwin 2083) - 4.44% - 5.56% - 4.44%
| Interest Rate Spread | - | - | - | |||
| Net Liquid Assets/Total Deposit | - | - | - | |||
| Return on Equity | - | - | - | |||
| Return on Assets | - | - | - | |||
| Basic EPS (Annualized) | - | 14.36 | - | 1.22 | - | 13.8 |
| Market Price per Share | - | 206.20 | - | 197.50 | - | 206.2 |
| PE Ratio | - | 14.36 | - | 161.72 | - | 14.8 |
| Networth Per Share | - | 204.07 | - | 198.46 | - | 200.8 |
| Total Assets Per Share | - | 1,850.38 | - | 1,718.12 | - | 1,843.2 |
Notes:
1. The above financials have been prepared in accordance with Nepal Rastra Bank's (NRB) directives, guidelines issued by NRB, and Nepal F
2. Loans and advances include loans to customers, staffs, accrued interest receivable and are presented net of impairment losses.
3. The Bank, following regulatory backstop measures as mentioned in Clause 16 of "NFRS 9- Expected Credit Loss Related Guidelines, 2 impairment on credit exposures as the higher of total ECL calculated as per NFRS 9 and existing regulatory provisions as mentioned in Un
4. Interest income on loans and advances has been recognized as per Guidance Note on Interest Income Recognition, 2025.
5. Actuarial valuation for employee benefit and lease calculation as per NFRS 16 is done on annual basis.
6. Group represents Nepal Investment Mega Bank Ltd. and its subsidiaries NIMB Ace Capital Ltd and NIMB Stock Markets Limited
7. Intercompany transactions among the Group have been eliminated in the above statement related to the Group.
8. The above figures are subject to change as per the directions, if any, of Nepal Rastra Bank and/or Statutory Auditor.
9. The detailed interim report has been published in bank's website www.nimb.com.np.
The bank has appointed the said company as its share registrar. For this service, the bank pays an annual fee of Rs. 5 lakh.
(5) The bank has invested Rs. 83 crore 50 lakh as seed capital in NIBL Sahabhagita Fund issued under NIBL Mutual Fund.
(6) The bank has invested Rs. 29 crore as seed capital in NIBL Samriddhi Fund 2 issued under NIBL Mutual Fund.
(7) The bank has invested Rs. 30 crore 40 lakh as seed capital in NIBL Growth Fund issued under NIBL Mutual Fund.
(8) The bank has invested Rs. 19 crore 19 lakh as capital in Mega Mutual Fund 1 issued under Mega Mutual Fund.
(9) The bank has invested Rs. 16 crore fourteen thousand five hundred as seed capital in NIBL Stable Fund issued under NIBL Mutual Fund.
(10) The bank has invested Rs. 2 arbad 50 crore in NIBL Equity Partners.
(11) NIMB Ace Capital Limited has collected Rs. 1.61 lakh as dividend tax amount of previous years of former Gandaki Bikas Bank Limited from shareholders up to the end of this quarter. The said amount is shown under the head of amount payable to this bank.
(12) All transactions between the bank and NIMB Ace Capital Limited are conducted on an Arms Length Basis between unrelated parties.
(13) Also, the bank's wholly-owned subsidiary NIMB Stock Markets Limited has a deposit of Rs. 22 lakh in the account of this bank at the end of this quarter, while the bank has paid Rs. 2 thousand as deposit interest.
(C) Earnings per share, P/E ratio, net worth per share, total asset value per share, liquidity ratio details - are attached herewith.
2. Management Analysis
(A) Management holds the view that during the quarterly period, except for normal changes in the bank's balance, income, and liquidity over time according to market conditions, there have been no material changes, and the overall financial position, balance, and liquidity condition of the bank remain satisfactory.
(B) In the coming period, along with providing more quality services, the bank plans to develop new business plans, explore investment avenues, expand business network, diversify business, and expand branch network for business development, as well as introduce modern banking and financial services and facilities as per customer preferences.
(C) No events or circumstances have occurred from past experience that materially affect the bank's balance, profit, or cash flow.
3. Details Regarding Legal Proceedings
(A) No material lawsuit has been filed by or against the organized institution during the quarterly period.
(B) Information has been received that regarding the auction of collateral during loan recovery against the promoter or director of the institution, or regarding violation of prevalent rules or criminal offense by the promoter or director, a lawsuit was filed against 6 directors and the Chief Executive Officer on date 2083/04/27 in the Honorable District Court, Kathmandu.
(C) No lawsuit has been filed against any promoter or director regarding financial crime.
4. Analysis of Share Transactions of Organized Institution
(A) Management holds the view that the share transactions of the bank occur in accordance with the prices and principles established by the open market regarding fluctuations in share trading.
(B) Maximum, minimum, closing price, total trading days, and number of transactions of shares during the quarterly period :-
As per the website of Nepal Stock Exchange Ltd.
| Public Promoter | ||
| Maximum Price | 213.00 | 160.00 |
| Minimum Price | 181.00 | 134.10 |
| Closing Price | 206.20 | 150.10 |
Total Trading Days 61 59
Share Trading Volume (in thousands) 8,825.148 870.390
5. Problems and Challenges
Economic uncertainty arising in the country after the Gen-Z movement, decline in investment morale, and drop in loan demand causing shrinkage in investment expansion, along with unexpected fluctuations in international economic and trade scenarios, interest rate changes within short intervals are taken as external problems and challenges by the bank, while changes in human resources are taken as internal problems and challenges. Except for circumstances beyond control, strategies have been adopted to solve the above challenges through business diversification, customer-oriented quality service, cost frugality, and investment in human resource development.
6. Corporate Governance
Details regarding steps taken by management to enhance corporate governance:
(A) Board of Directors, Credit and Risk Management Committee, Recruitment and Promotion Committee, Asset and Liability Committee, Anti-Money Laundering Committee, and various other committees are active.
(B) To systematically organize the internal control system, audits are conducted regularly by internal auditors, and meetings of the Audit Committee are held regularly to implement and review recommendations given in reports.
(C) Various internal policies, rules, and guidelines have been drafted and implemented to minimize operational risks and systematically manage transactions.
(D) Code of conduct has been issued to maintain corporate governance and monitoring arrangements have been made, while regular monitoring regarding this is also carried out by the Compliance Department.
7. Declaration of Truthfulness and Accuracy by Chairman/Chief Executive
I personally take responsibility for the accuracy of the information and details mentioned in this report as of today's 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, information, or data necessary for investors to make informed decisions have been concealed.
Jyoti Prakash Pandey
Chief Executive Officer