साना किसान विकास लघुवित्तको प्रथम त्रैमासिक वित्तीय विवरण सार्वजनिकSana Kisan Bikas Laghubitta First Quarter Financial Results
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 1, 2026
Interim Financial Statements
Condensed Statement of Financial Position
As on Quarter Ended 31 Asoj 2083
| Particular | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| Cash & Cash Equivalent | 5,990,837,901.54 | 3,588,886,749.06 |
| Statutory Balances and Due from Nepal Rastra Bank | 208,994,041.76 | 208,994,041.76 |
| Placement with Banks & Financial Institutions | 2,091,800,000.00 | 2,226,800,000.00 |
| Derivative Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loan and Advances to MFIs & Cooperatives | 33,035,047,999.66 | 35,392,967,017.36 |
| Loan & advances to customers | 84,774,174.40 | 84,874,984.85 |
| Investment Securities | 34,193,033.51 | 34,193,033.51 |
| Current Tax Assets | - | 16,972,580.67 |
| Investment Property | - | - |
| Property and Equipment | 244,543,922.18 | 247,521,164.99 |
| Goodwill and Intangible assets | 96,528,418.99 | 96,734,046.01 |
| Deferred tax assets | 28,504,752.29 | 28,504,752.29 |
| Other assets | 107,698,258.45 | 69,795,334.33 |
| Total Assets | 41,922,922,502.78 | 41,996,243,704.85 |
| Liabilities | | ||
| Due to Bank & Financial Institutions | 2,751,892,403.25 | 4,225,697,990.28 |
| Due to Nepal Rastra Bank | 92,247,541.54 | 92,247,541.54 |
| Derivative Financial Instrument | - | - |
| Deposits from Customers | 6,804,838,056.00 | 6,626,511,633.56 |
| Borrowing | 20,503,589,491.23 | 19,755,264,381.00 |
| Current Tax Liabilities | 63,970,813.84 | - |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other liabilities | 608,583,036.73 | 369,806,650.23 |
| Debt Securities Issued | - | - |
| Subordinated Liabilities | - | - |
| Total Liabilities | 30,825,121,342.59 | 31,069,528,196.61 |
| Equity | | ||
| Share Capital | 4,927,170,079.47 | 4,927,170,079.47 |
| Share Premium | 18,269,713.60 | 18,269,713.60 |
| Retained Earnings | 1,776,985,461.87 | 1,648,454,866.01 |
| Reserves | 4,375,375,905.25 | 4,332,820,849.16 |
| Total Equity | 11,097,801,160.19 | 10,926,715,508.24 |
| Total Liabilities & Equity | 41,922,922,502.78 | 41,996,243,704.85 |
Condensed Statement of Profit or Loss
| For the period from 1st Shrawan | 2083 | 31 | 2083 | |
| Particular Current Year This Quarter Current Year Upto This Quarter(YTD Previous Year Corresponding This Quarter Previous Year Corresponding Upto This Quarter(YTD) | ||||
| Interest Income | 482,778,326.75 | 482,778,326.75 | 566,584,469.39 | 566,584,469.39 |
| Interest Expense | (210,254,881.09) | (210,254,881.09) | (224,871,443.82) | (224,871,443.82) |
| Net Interest Income | 272,523,445.66 | 272,523,445.66 | 341,713,025.57 | 341,713,025.57 |
| Fees & Commission Income | - | - | - | - |
| Fees & Commission Expense | - | - | - | - |
| Profit or Loss before Regulatory Adjustment | 128,530,595.86 | 157,663,873.08 | ||
| Regulatory Adjustment | - | - | ||
| 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 recognized (-)/ reversal (+) | - | - | ||
| f. Goodwill recognized (-)/ impairment of Goodwill (+) | - | - | ||
| g. Bargain purchase gain recognized (-)/reversal (+) | - | - | ||
| h. Actuarial loss recognized (-)/reversal (+) | - | - | ||
| i. Other (+/-) | - | - | ||
| Net Profit for the period end First Quarter available for distribution | 128,530,595.86 | 157,663,873.08 | ||
| Opening Retained Earning | 1,648,454,866.01 | 1,840,154,212.87 | ||
| Adjustment(+-) | - | - | ||
| Distribution: | - | - | ||
| Bonus Share Issued | - | - | ||
| Cash Dividend Paid | - | - | ||
| Total Distributable Profit or (Loss) as on Qtr End Date | 1,776,985,461.87 | 1,997,818,085.95 | ||
| Annualised Distributable Profit/Loss Per Share | 36.07 | 46.32 | ||
Notes to interim Financial Statements:
1. The above figures are subject to change as per the direction of the Regulators and/or External Auditors.
2. The interim financial statements have been prepared in accordance with Nepal Financial Reporting Standards as issued by the Accounting Standards Board, Nepal and the carve out issued by ICAN.
3. Loan and advances to MFIs and Co-operatives are presented net amount of impairment allowances.
4. Impairment (Charges) of loan and advances is calculated as per NFRS 9 along with guidelines issued by Nepal Rastra Bank. Provision as per NFRS 9 is higher than the loan loss provision calculated as per the directive issued by Nepal Rastra Bank.
5. Loan and advances to Customers are loans to employees, which are measured at amortized costs.
6. Borrowing is borrowing received from Nepal Government.
7. Figures has been rearranged and regrouped wherever necessary.
8. Personal expenses includes provision for staff bonus which has been calculated in line with provisions in Bonus Act.
9. The interim financial statement has been updated in our website: https://www.skbbl.com.np/
धितोपत्र दर्ता तथा निष्कासन नियमावली, २०७३ को नियम २६ को
उपनियम (१) अनुसूची-१४ सँग सम्बन्धित
आ.व २०८३/८४ को प्रथम त्रैमासिक प्रतिवेदन
१. वित्तीय विवरण :
(क) त्रैमासिक अवधिको वासलात, नाफा नोक्सान सम्बन्धी विवरण :
यस संस्थाको आ.व. २०८३/८४ को प्रथम त्रैमासिक अवधिको अपरिष्कृत (Unaudited) वासलात तथा नाफा नोक्सान सम्बन्धी विवरण यसै साथ प्रकाशित गरिएको छ । सम्बन्धित पक्षहरूसँगको कारोबारमा यस वित्तीय संस्थाका संस्थापक शेयरधनी बैंक तथा वित्तीय संस्थाहरु कृषि विकास बैंक लि., नबिल बैंक लि., नेपाल बैंक लि., स्ट्यान्डर्ड चार्टर्ड बैंक नेपाल लि., हिमालयन बैंक लिमिटेड, नेपाल इन्भेष्टमेन्ट मेगा बैंक लिमिटेड, नेपाल एसबिआई बैंक लि., एभरेस्ट बैंक लिमिटेड, सिद्धार्थ बैंक लिमिटेड, ग्लोबल आईएमई बैंक लिमिटेड, राष्ट्रिय वाणिज्य बैंक लिमिटेडसँग विपन्न वर्ग कर्जा कारोबार/बैंक खाता सञ्चालन गरिएको छ । यस वित्तीय संस्थाको सञ्चालक समितिमा प्रतिनिधित्व गर्ने संस्थापक शेयरधनी साना किसान कृषि सहकारी संस्था लि., चैनपुर र साना किसान कृषि सहकारी संस्था लि., आनन्दवनलाई कर्जा कारोबार गर्ने गरिएको छ ।
(ख) प्रमुख वित्तीय अनुपातहरु :
प्रति शेयर आम्दानी रु.१४/१९ प्रति शेयर कुल सम्पत्तिको मूल्य रु.८५०/८५
मूल्य आम्दानी अनुपात ५०.९९ गुणा तरलता अनुपात ११९.२३%
प्रति शेयर नेटवर्थ रु.२२५/२४ |
२. व्यवस्थापकीय विश्लेषण :
(क) यस त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलता आदि विवरण हेर्दा सन्तोषजनक रहेको छ ।
| Net Fee & Commission Income | - | - | - | - |
| Net Interest, Fee & Commission Income | 272,523,445.66 | 272,523,445.66 | 341,713,025.57 | 341,713,025.57 |
| Net Trading Income | - | - | - | - |
| Other Operating Income | 53,390.46 | 53,390.46 | 69,750.51 | 69,750.51 |
| Total Operating Income | 272,576,836.12 | 272,576,836.12 | 341,782,776.08 | 341,782,776.08 |
| Impairment (Charge)/ reversal for loans & other losses | 87,015,461.87 | 87,015,461.87 | 80,134,433.41 | 80,134,433.41 |
| Net Operating Income | 359,592,297.99 | 359,592,297.99 | 421,917,209.49 | 421,917,209.49 |
| Personnel Expenses | (70,679,570.73) | (70,679,570.73) | (76,871,370.44) | (76,871,370.44) |
| Other Operating Expenses | (15,400,325.52) | (15,400,325.52) | (14,621,211.56) | (14,621,211.56) |
| Depreciation & Amortization | (3,687,611.67) | (3,687,611.67) | (3,998,389.22) | (3,998,389.22) |
| Operating Profit | 269,824,790.07 | 269,824,790.07 | 326,426,238.27 | 326,426,238.27 |
| Non Operating Income | - | - | - | - |
| Non Operating Expense | - | - | - | - |
| Profit before Income Tax | 269,824,790.07 | 269,824,790.07 | 326,426,238.27 | 326,426,238.27 |
| Income Tax Expense | (86,209,653.12) | (86,209,653.12) | (97,927,871.48) | (97,927,871.48) |
| Current tax | (86,209,653.12) | (86,209,653.12) | (97,927,871.48) | (97,927,871.48) |
| Deferred tax | - | - | - | - |
| Profit for the period | 183,615,136.95 | 183,615,136.95 | 228,498,366.79 | 228,498,366.79 |
| Condensed Statement Of Comprehensive Income | ||||
| Profit For The Period | 183,615,136.95 | 183,615,136.95 | 228,498,366.79 | 228,498,366.79 |
| Other Comprehensive Income | - | - | - | - |
| Total Comprehensive Income | 183,615,136.95 | 183,615,136.95 | 228,498,366.79 | 228,498,366.79 |
| Basic Earning Per Share | 14.91 | 21.19 | ||
| Diluted Earning Per Share | 14.91 | 21.19 | ||
| Profit For The Period | 183,615,136.95 | 183,615,136.95 | 228,498,366.79 | 228,498,366.79 |
| Total | 183,615,136.95 | 183,615,136.95 | 228,498,366.79 | 228,498,366.79 |
Ratio As Per NRB Directive
For the Quarter Ended 31 Asoj 2083
Current Year Previous Year Corresponding
Ratios This Quarter Up to This Quarter (YTD) This Quarter Up to This Quarter (YTD)
Capital Fund to RWA 17.14% 18.20%
Non-Performing Loan (NPL) to Total Loan 3.19% 3.07%
Total Loan Loss Provision to Total NPL 133.23% 151.42%
Cost of Funds 2.67% 2.90%
Credit to Deposit and Borrowing Ratio 114.43% 114.15%
Base Rate 3.49% 3.74%
Interest Rate Spread 2.73% 3.55%
Statement of Distributable Profit or Loss
For the Quarter Ended 31 Asoj 2083 As per NRB Regulation
| Particulars Current Year (Upto This Qtr) Previous Year (Corresponding Quarter) | ||
| Net Profit for the period end First Quarter | 183,615,136.95 | 228,498,366.79 |
| Approprations | ||
| a. General Reserve | (36,723,027.39) | (45,699,673.36) |
| b. Foreign exchange fluctuation fund | - | - |
| c. Capital redemption reserve | - | - |
| d. Corporate Social Responsiability | (1,836,151.37) | (2,284,983.67) |
| e. Employee training fund | - | - |
| f. Client Protection fund | (5,508,454.11) | (4,569,967.34) |
| g. Other | (11,016,908.22) | (18,279,869.34) |
| Staff Welfare Fund | - | - |
| RSRF Loan Loss Provision Reserve | - | - |
| Institutional Strengthening Fund | (1,836,151.37) | (6,854,951.00) |
| Reconstruction Fund | (9,180,756.85) | (11,424,918.34) |
| Refund From CSR | - | - |
| Restructuring Reserve | - | - |
| Other | - | - |
हालसम्म यस संस्थाको वित्तीय स्थिति व्यवस्थापनको योजना अनुरूप नै रहेको छ।
(ख) आगामी दिनहरूमा समेत व्यावसायिक विविधिकरण तथा साझेदार संस्थाहरूको चाहना बमोजिम वित्तीय एवं गैर वित्तीय सेवा तथा सुविधा उपलब्ध गराउने कुराहरूमा वित्तीय संस्था व्यवस्थापन प्रतिबद्ध छ।
(ग) यस वित्तीय संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा तात्त्विक असर पार्न सक्ने घटना, अवस्था समीक्षा अवधिमा रहेको छैन।
३. कानुनी कारवाही सम्बन्धी विवरण :
(क) त्रैमासिक अवधिमा संगठित संस्थाले वा संस्थाको विरुद्ध कुनै मुद्दा दायर भएको भए :- नभएको।
(ख) यस संस्थाको संस्थापक वा सञ्चालकले वा संस्थापक वा सञ्चालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर भए / नभएको :- यस संस्थाको जानकारीमा नरहेको।
(ग) यस संस्थाको कुनै संस्थापक वा सञ्चालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर भए/नभएको :-
यस संस्थाको जानकारीमा नरहेको।
४. संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण :
(क) धितोपत्र बजारमा भएको संगठित संस्थाको शेयरको कारोबार सम्बन्धमा व्यवस्थापनको धारणा :
शेयर कारोबार बजारले निर्धारण गरेको मूल्य मान्यता अनुरूप हुने गरेको छ। यस वित्तीय संस्थाको शेयर कारोबार राम्रो गैरहेकोबाट बजारले राम्रो प्रतिक्रिया जनाएको भन्ने हाम्रो बुझाई रहेको छ।
(ख) त्रैमासिक अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिम मूल्य, कारोबार भएको कुल दिन तथा कारोबार संख्या :
नेपालस्टक एक्सचेञ्ज लिमिटेडको वेबसाइट www.nepalstock.com.np अनुसार यस त्रैमासिक अवधिमा यस संस्थाको शेयरको कारोबार निम्नानुसार भएको देखिन्छ।
अधिकतम मूल्य: रु.८०३/२० न्यूनतम मूल्य: रु ७३५/- अन्तिम मूल्य: रु.७६०/-
कारोबार संख्या : ५५३२ कारोबार दिन: ६१
५. समस्या तथा चुनौती :
(क) आन्तरिक समस्या तथा चुनौती :
आधुनिक डिजिटल प्रविधि उपयोगको गति तीव्र हुन नसकी मानव स्रोतको दक्षता अभिवृद्धि पूर्ण रूपमा भई नसकेको। विद्यमान मानव संसाधनलाई अत्याधुनिक प्रविधिमैत्री बनाउने र प्रविध्युन्मुख बनाई उत्पादकत्व वृद्धि गर्ने कार्य।
(ख) बाह्य समस्या तथा चुनौती :
देशका अधिकांश क्षेत्रबाट सेवा विस्तारका लागि माग भई आए तापनि भौगोलिक कठिनाई र बसाई सराईको कारण अपेक्षित रूपले सेवा विस्तार गर्न नसकिएको र नीतिगत जोखिम कायम रहेको। अर्थतन्त्रमा लामो समयदेखि विद्यमान अधिक तरलताको कारण कर्जा विस्तार हुन नसक्दा आम्दानीमा प्रत्यक्ष असर परेको।
(ग) रणनीति :
शिक्षित युवाहरूको समेत संलग्नतामा कृषिको रूपान्तरण एवं उद्यमशील संस्कृतिको विकास गर्न वित्तीय संस्थाले विभिन्न कार्यक्रम सञ्चालन गरेको छ। समावेशी वित्तीय पहुँच लगायत लघुवित्त क्षेत्रमा देखिएका ग्राहक दोहोरोपनाको समस्या कम गर्न संस्थाले वित्तीय सेवा बञ्चित क्षेत्रलाई प्राथमिकता दिने एवं एक कार्य क्षेत्र एक साझेदार संस्थाको नीति अवलम्बन गरेको छ। ग्राहकमैत्री सेवा सुविधामा जोड दिने एवं सूचना प्रविधिको समुचित उपयोग बढाउने नीति लिएको छ। वातावरण अनुकूल कृषिको अवलम्बन लगायत साना तथा विपन्न किसानलाई उद्यमशील र व्यवसायी बनाउन कृषि मूल्यशृङ्खला प्रवर्द्धनमा जोड दिइएको छ।
६. संस्थागत सुशासन :
यस वित्तीय संस्थाले संस्थागत सुशासन सम्बन्धी नेपाल राष्ट्र बैंक एवं सम्बन्धित नियमनकारी निकायहरूबाट प्राप्त मार्गदर्शनहरू उच्च प्राथमिकताकासाथ पालना गर्दै आएको छ। संस्थाको सुशासन अभिवृद्धि एवं संस्थाले गर्ने कार्यहरू पारदर्शी एवं नियमसङ्गत गर्नका लागि सञ्चालक समिति, लेखा परीक्षण समिति, कर्मचारी सेवा सुविधा समिति, जोखिम व्यवस्थापन समिति, सम्पत्ति शुद्धीकरण अनुगमन समिति, आन्तरिक लेखा परीक्षण विभाग र जोखिम व्यवस्थापन विभाग क्रियाशील रहेका छन्। संस्थाको कारोबारलाई व्यवस्थित गर्न आन्तरिक नीति, नियम तथा निर्देशनहरू तर्जुमा गरी लागू गरिएको छ।
७. सत्य, तथ्यता सम्बन्धमा कार्यकारी प्रमुखको उद्घोषण :
आजका मितिसम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरूको शुद्धता सम्बन्धमा म व्यक्तिगत रुपमा उत्तरदायित्व लिन्छु। साथै म यो उद्घोष गर्दछु की मैले जानेबुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरू सत्य, तथ्य र पूर्ण छन् र लगानीकर्ताहरूलाई सुसूचित निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरू लुकाइएको छैन।
Interim Financial Statements
Condensed Statement of Financial Position
As on Quarter Ended 31 Asoj 2083
| Particular | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| Cash & Cash Equivalent | 5,990,837,901.54 | 3,588,886,749.06 |
| Statutory Balances and Due from Nepal Rastra Bank | 208,994,041.76 | 208,994,041.76 |
| Placement with Banks & Financial Institutions | 2,091,800,000.00 | 2,226,800,000.00 |
| Derivative Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loan and Advances to MFIs & Cooperatives | 33,035,047,999.66 | 35,392,967,017.36 |
| Loan & advances to customers | 84,774,174.40 | 84,874,984.85 |
| Investment Securities | 34,193,033.51 | 34,193,033.51 |
| Current Tax Assets | - | 16,972,580.67 |
| Investment Property | - | - |
| Property and Equipment | 244,543,922.18 | 247,521,164.99 |
| Goodwill and Intangible assets | 96,528,418.99 | 96,734,046.01 |
| Deferred tax assets | 28,504,752.29 | 28,504,752.29 |
| Other assets | 107,698,258.45 | 69,795,334.33 |
| Total Assets | 41,922,922,502.78 | 41,996,243,704.85 |
| Liabilities | | ||
| Due to Bank & Financial Institutions | 2,751,892,403.25 | 4,225,697,990.28 |
| Due to Nepal Rastra Bank | 92,247,541.54 | 92,247,541.54 |
| Derivative Financial Instrument | - | - |
| Deposits from Customers | 6,804,838,056.00 | 6,626,511,633.56 |
| Borrowing | 20,503,589,491.23 | 19,755,264,381.00 |
| Current Tax Liabilities | 63,970,813.84 | - |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other liabilities | 608,583,036.73 | 369,806,650.23 |
| Debt Securities Issued | - | - |
| Subordinated Liabilities | - | - |
| Total Liabilities | 30,825,121,342.59 | 31,069,528,196.61 |
| Equity | | ||
| Share Capital | 4,927,170,079.47 | 4,927,170,079.47 |
| Share Premium | 18,269,713.60 | 18,269,713.60 |
| Retained Earnings | 1,776,985,461.87 | 1,648,454,866.01 |
| Reserves | 4,375,375,905.25 | 4,332,820,849.16 |
| Total Equity | 11,097,801,160.19 | 10,926,715,508.24 |
| Total Liabilities & Equity | 41,922,922,502.78 | 41,996,243,704.85 |
Condensed Statement of Profit or Loss
| For the period from 1st Shrawan | 2083 | 31 | 2083 | |
| Particular Current Year This Quarter Current Year Upto This Quarter(YTD Previous Year Corresponding This Quarter Previous Year Corresponding Upto This Quarter(YTD) | ||||
| Interest Income | 482,778,326.75 | 482,778,326.75 | 566,584,469.39 | 566,584,469.39 |
| Interest Expense | (210,254,881.09) | (210,254,881.09) | (224,871,443.82) | (224,871,443.82) |
| Net Interest Income | 272,523,445.66 | 272,523,445.66 | 341,713,025.57 | 341,713,025.57 |
| Fees & Commission Income | - | - | - | - |
| Fees & Commission Expense | - | - | - | - |
| Profit or Loss before Regulatory Adjustment | 128,530,595.86 | 157,663,873.08 | ||
| Regulatory Adjustment | - | - | ||
| 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 recognized (-)/ reversal (+) | - | - | ||
| f. Goodwill recognized (-)/ impairment of Goodwill (+) | - | - | ||
| g. Bargain purchase gain recognized (-)/reversal (+) | - | - | ||
| h. Actuarial loss recognized (-)/reversal (+) | - | - | ||
| i. Other (+/-) | - | - | ||
| Net Profit for the period end First Quarter available for distribution | 128,530,595.86 | 157,663,873.08 | ||
| Opening Retained Earning | 1,648,454,866.01 | 1,840,154,212.87 | ||
| Adjustment(+-) | - | - | ||
| Distribution: | - | - | ||
| Bonus Share Issued | - | - | ||
| Cash Dividend Paid | - | - | ||
| Total Distributable Profit or (Loss) as on Qtr End Date | 1,776,985,461.87 | 1,997,818,085.95 | ||
| Annualised Distributable Profit/Loss Per Share | 36.07 | 46.32 | ||
Notes to interim Financial Statements:
1. The above figures are subject to change as per the direction of the Regulators and/or External Auditors.
2. The interim financial statements have been prepared in accordance with Nepal Financial Reporting Standards as issued by the Accounting Standards Board, Nepal and the carve out issued by ICAN.
3. Loan and advances to MFIs and Co-operatives are presented net amount of impairment allowances.
4. Impairment (Charges) of loan and advances is calculated as per NFRS 9 along with guidelines issued by Nepal Rastra Bank. Provision as per NFRS 9 is higher than the loan loss provision calculated as per the directive issued by Nepal Rastra Bank.
5. Loan and advances to Customers are loans to employees, which are measured at amortized costs.
6. Borrowing is borrowing received from Nepal Government.
7. Figures has been rearranged and regrouped wherever necessary.
8. Personal expenses includes provision for staff bonus which has been calculated in line with provisions in Bonus Act.
9. The interim financial statement has been updated in our website: https://www.skbbl.com.np/
Related to Rule 26 Sub-rule (1) Schedule-14 of Securities Registration and Issue Regulations, 2073
First Quarterly Report of F.Y. 2083/84
1. Financial Statements :
(a) Quarterly Balance Sheet, Profit and Loss Statement :
The unaudited Balance Sheet and Profit and Loss statement of this institution for the first quarter of F.Y. 2083/84 is published herewith. In transactions with related parties, deprived sector loan transactions/bank accounts are operated with promoter shareholder banks and financial institutions including Agricultural Development Bank Ltd., Nabil Bank Ltd., Nepal Bank Ltd., Standard Chartered Bank Nepal Ltd., Himalayan Bank Limited, Nepal Investment Mega Bank Limited, Nepal SBI Bank Ltd., Everest Bank Limited, Siddhartha Bank Limited, Global IME Bank Limited, and Rastriya Banijya Bank Limited. Credit transactions are carried out with promoter shareholder Sana Kisan Agriculture Cooperative Ltd., Chainpur and Sana Kisan Agriculture Cooperative Ltd., Anandaban, represented in the Board of Directors of this financial institution.
(b) Key Financial Ratios :
Earnings Per Share Rs. 14/19 Total Assets Value Per Share Rs. 850/85
Price Earnings Ratio 50.99 times Liquidity Ratio 119.23%
Net Worth Per Share Rs. 225/24 |
2. Management Analysis :
(a) Looking at the figures of balance, income, liquidity, etc. of the institution during this quarterly period, it remains satisfactory.
| Net Fee & Commission Income | - | - | - | - |
| Net Interest, Fee & Commission Income | 272,523,445.66 | 272,523,445.66 | 341,713,025.57 | 341,713,025.57 |
| Net Trading Income | - | - | - | - |
| Other Operating Income | 53,390.46 | 53,390.46 | 69,750.51 | 69,750.51 |
| Total Operating Income | 272,576,836.12 | 272,576,836.12 | 341,782,776.08 | 341,782,776.08 |
| Impairment (Charge)/ reversal for loans & other losses | 87,015,461.87 | 87,015,461.87 | 80,134,433.41 | 80,134,433.41 |
| Net Operating Income | 359,592,297.99 | 359,592,297.99 | 421,917,209.49 | 421,917,209.49 |
| Personnel Expenses | (70,679,570.73) | (70,679,570.73) | (76,871,370.44) | (76,871,370.44) |
| Other Operating Expenses | (15,400,325.52) | (15,400,325.52) | (14,621,211.56) | (14,621,211.56) |
| Depreciation & Amortization | (3,687,611.67) | (3,687,611.67) | (3,998,389.22) | (3,998,389.22) |
| Operating Profit | 269,824,790.07 | 269,824,790.07 | 326,426,238.27 | 326,426,238.27 |
| Non Operating Income | - | - | - | - |
| Non Operating Expense | - | - | - | - |
| Profit before Income Tax | 269,824,790.07 | 269,824,790.07 | 326,426,238.27 | 326,426,238.27 |
| Income Tax Expense | (86,209,653.12) | (86,209,653.12) | (97,927,871.48) | (97,927,871.48) |
| Current tax | (86,209,653.12) | (86,209,653.12) | (97,927,871.48) | (97,927,871.48) |
| Deferred tax | - | - | - | - |
| Profit for the period | 183,615,136.95 | 183,615,136.95 | 228,498,366.79 | 228,498,366.79 |
| Condensed Statement Of Comprehensive Income | ||||
| Profit For The Period | 183,615,136.95 | 183,615,136.95 | 228,498,366.79 | 228,498,366.79 |
| Other Comprehensive Income | - | - | - | - |
| Total Comprehensive Income | 183,615,136.95 | 183,615,136.95 | 228,498,366.79 | 228,498,366.79 |
| Basic Earning Per Share | 14.91 | 21.19 | ||
| Diluted Earning Per Share | 14.91 | 21.19 | ||
| Profit For The Period | 183,615,136.95 | 183,615,136.95 | 228,498,366.79 | 228,498,366.79 |
| Total | 183,615,136.95 | 183,615,136.95 | 228,498,366.79 | 228,498,366.79 |
Ratio As Per NRB Directive
For the Quarter Ended 31 Asoj 2083
Current Year Previous Year Corresponding
Ratios This Quarter Up to This Quarter (YTD) This Quarter Up to This Quarter (YTD)
Capital Fund to RWA 17.14% 18.20%
Non-Performing Loan (NPL) to Total Loan 3.19% 3.07%
Total Loan Loss Provision to Total NPL 133.23% 151.42%
Cost of Funds 2.67% 2.90%
Credit to Deposit and Borrowing Ratio 114.43% 114.15%
Base Rate 3.49% 3.74%
Interest Rate Spread 2.73% 3.55%
Statement of Distributable Profit or Loss
For the Quarter Ended 31 Asoj 2083 As per NRB Regulation
| Particulars Current Year (Upto This Qtr) Previous Year (Corresponding Quarter) | ||
| Net Profit for the period end First Quarter | 183,615,136.95 | 228,498,366.79 |
| Approprations | ||
| a. General Reserve | (36,723,027.39) | (45,699,673.36) |
| b. Foreign exchange fluctuation fund | - | - |
| c. Capital redemption reserve | - | - |
| d. Corporate Social Responsiability | (1,836,151.37) | (2,284,983.67) |
| e. Employee training fund | - | - |
| f. Client Protection fund | (5,508,454.11) | (4,569,967.34) |
| g. Other | (11,016,908.22) | (18,279,869.34) |
| Staff Welfare Fund | - | - |
| RSRF Loan Loss Provision Reserve | - | - |
| Institutional Strengthening Fund | (1,836,151.37) | (6,854,951.00) |
| Reconstruction Fund | (9,180,756.85) | (11,424,918.34) |
| Refund From CSR | - | - |
| Restructuring Reserve | - | - |
| Other | - | - |
So far, the financial condition of this institution aligns with the management plan.
(b) The management of the financial institution is committed to providing financial and non-financial services and facilities in the coming days as per business diversification and the wishes of partner institutions.
(c) There are no events or circumstances during the review period that could materially affect the stock, profit, or cash flow of this financial institution.
3. Details Regarding Legal Actions:
(a) If any lawsuit has been filed by or against the organized institution during the quarterly period: None.
(b) If any lawsuit has been filed regarding defiance of prevailing regulations or criminal offense by promoter or director of this institution: Not in the knowledge of this institution.
(c) If any lawsuit has been filed against any promoter or director of this institution regarding financial crime: Not in the knowledge of this institution.
4. Analysis Regarding Share Transactions of the Organized Institution:
(a) Management's opinion regarding transactions of shares of the organized institution in the securities market:
Transactions of shares take place according to the value norms set by the stock market. Since the share transactions of this financial institution are going well, our understanding is that the market has shown a positive reaction.
(b) Maximum, minimum, closing price of shares, total trading days, and number of transactions during the quarterly period:
According to Nepal Stock Exchange Limited's website www.nepalstock.com.np, the share trading of this institution during this quarterly period is seen as follows.
Maximum Price: Rs. 803/20 Minimum Price: Rs. 735/- Closing Price: Rs. 760/-
Number of Transactions: 5532 Trading Days: 61
5. Problems and Challenges:
(a) Internal Problems and Challenges:
The pace of adopting modern digital technology could not be rapid, due to which the enhancement of human resource efficiency has not been fully achieved. The task of making existing human resources state-of-the-art technology-friendly and technology-oriented to increase productivity.
(b) External Problems and Challenges:
Although there are demands for service expansion from most parts of the country, expected service expansion could not be achieved due to geographical difficulties and migration, and policy risk remains. Direct impact on income due to inability to expand credit owing to long-prevailing excess liquidity in the economy.
(c) Strategy:
The financial institution has conducted various programs to transform agriculture and develop an entrepreneurial culture with the involvement of educated youth. The institution has adopted a policy of prioritizing financial service-deprived areas and one working area one partner institution to reduce the problem of customer duplication seen in the microfinance sector including inclusive financial access. Emphasis has been placed on customer-friendly services and facilities and increasing proper utilization of information technology. Emphasis has been placed on promoting the agricultural value chain to make small and poor farmers entrepreneurial and commercial, including adopting environment-friendly agriculture.
6. Corporate Governance:
This financial institution has been complying with the guidelines received from Nepal Rastra Bank and related regulatory bodies with high priority. To enhance governance and make the institution's activities transparent and lawful, the Board of Directors, Audit Committee, Employee Service and Facility Committee, Risk Management Committee, Anti-Money Laundering Monitoring Committee, Internal Audit Department, and Risk Management Department are active. Internal policies, rules, and directives have been formulated and implemented to manage the institution's business.
7. Declaration by the Chief Executive Officer Regarding Truth and Factuality:
I personally take responsibility for the accuracy of the information and details mentioned in this report as of today. 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, notice, or information necessary for investors to make an informed decision have been concealed.