
श्री इन्भेष्टमेन्ट एण्ड फाइनान्सको प्रथम त्रैमासिक वित्तीय विवरणShree Investment and Finance: 1st Quarter Financial Statement
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 1, 2026
Condensed Consolidated Statement of Financial Position
As on Quarter ended Ashoj 2083 (October 17, 2026)
Amount in NPR
| Particulars | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalent | 591,116,601 | 1,176,180,637 |
| Due from Nepal Rastra Bank | 1,223,577,176 | 719,842,090 |
| Placement with Bank and Financial Institutions | - | - |
| Derivative financial instruments | - | - |
| Other trading assets | - | - |
| Loans and advances to B/Fis | 297,665,280 | 297,650,430 |
| Loans and advances to customers | 5,892,819,089 | 5,874,216,463 |
| Investment securities | 2,304,975,155 | 2,164,904,361 |
| Current tax assets | 47,487,625 | 55,909,041 |
| Investment in subsidiaries | - | - |
| Investment in associates | - | - |
| Investment property | 14,602,600 | 14,602,600 |
| Property, Plant and Equipment | 119,589,069 | 122,079,780 |
| Goodwill and Intangible assets | 2,743,815 | 1,993,449 |
| Deferred tax assets | - | - |
| Other assets | 20,004,828 | 19,338,107 |
| TOTAL ASSETS | 10,514,581,238 | 10,446,716,959 |
| LIABILITIES | ||
| Due to Bank and Financial Institutions | 328,091,833 | 327,812,838 |
| Due to Nepal Rastra Bank | 60,000,000 | 110,000,000 |
| Derivative financial instruments | - | - |
| Deposits from customers | 8,616,193,633 | 8,462,851,839 |
| Borrowing | - | - |
| Current Tax Liabilities | - | - |
| Provisions | - | - |
| Deferred tax liabilities | 15,325,944 | 16,153,571 |
| Other liabilities | 79,036,850 | 131,684,794 |
| Debt securities issued | - | - |
| Subordinated Liabilities | - | - |
| TOTAL LIABILITIES | 9,098,648,260 | 9,048,503,042 |
| EQUITY | ||
| Share Capital | 1,000,000,000 | 1,000,000,000 |
| Share Premium | - | - |
| Retained Earnings | 46,136,933 | 40,283,737 |
| Reserves | 369,796,046 | 357,930,179 |
| TOTAL EQUITY ATTRIBUTABLE TO EQUITY HOLDERS | 1,415,932,978 | 1,398,213,916 |
| NON-CONTROLLING INTEREST | - | - |
| TOTAL EQUITY | 1,415,932,978 | 1,398,213,916 |
| TOTAL LIABILITIES & EQUITY | 10,514,581,238 | 10,446,716,959 |
Statement of Distributable Profit or Loss
For the Quarter Ended 31 Ashoj 2083
(As Per NRB Regulation)
Amount in NPR
| Particulars Current Year Upto this Quarter YTD Previous Year Corresponding Quarter YTD | ||
| Net profit or (loss) as per statement of profit or loss | 19,650,193 | 3,443,793 |
| Appropriations: | ||
| a. General reserve | (3,930,039) | (688,759) |
| b. Foreign exchange fluctuation fund | - | - |
| c. Capital redemption reserve | - | - |
| d. Corporate social responsibility fund | (196,502) | (10,098) |
| e. Employee's training fund | (579,597) | (499,706) |
| f. Other | - | - |
| Profit or (loss) before regulatory adjustment | 14,944,056 | 2,245,231 |
| Regulatory Adjustment: | ||
| a. Interest receivable (-)/previous accured interest received (+) | (9,090,860) | (700,688) |
| 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. Actuarial loss recognised (-)/reversal (+) | - | - |
| i. Other | - | - |
| Net Profit for the Quarter end available for distribution | 5,853,196 | 1,544,543 |
| Opening retained earning | 40,283,737 | 62,800,232 |
| Adjustment(+/-) | - | - |
| Distribution: | ||
| Bonus shares issued | - | - |
| Cash Dividend Paid | - | - |
| Total Distributable profit or (loss) as on Quarter end date | 46,136,933 | 64,344,775 |
| Annualised Distributable Profit/Loss per share | 4.61 | 6.43 |
Ratios as per NRB Directive
Particulars Current year This quarter Current year Upto this quarter (YTD) Previous year This quarter Previous year Upto this quarter (YTD)
Capital fund to RWA 19.30% 18.50%
Non-performing loan (NPL) to total loan 3.18% 3.34%
Total loan loss provision to Total NPL 114.33% 97.77%
Cost of Funds 4.63% 6.23%
Credit to Deposit Ratio 71.02% 79.60%
Base Rate 6.08% 7.96%
Interest Rate Spread 3.63% 3.96%
Tier 1 Capital to RWA 18.12% 17.57%
Return on Equity 5.56% 0.99%
Return on Assets 0.77% 0.14%
Securities Registration and Issue Regulation 2073, Related to (Rule-26 (1), Annexure-14) for the First Quarter Report, of FY 2083/84
Amount in NPR
| Particulars Current Year | This Quarter Current Year Up to | This Quarter (YTD) Previous Year | This Quarter Previous Year Up to | This Quarter (YTD) |
|---|---|---|---|---|
| Interest income | 155,911,420 | 155,911,420 | 196,358,534 | 196,358,534 |
| Interest expense | 103,951,609 | 103,951,609 | 131,009,097 | 131,009,097 |
| Net interest income | 51,959,812 | 51,959,812 | 65,349,438 | 65,349,438 |
| Fee and commission income | 3,974,370 | 3,974,370 | 5,644,013 | 5,644,013 |
| Fee and commission expense | 11,860 | 11,860 | 21,861 | 21,861 |
| Net fee and commission income | 3,962,510 | 3,962,510 | 5,622,152 | 5,622,152 |
| Net interest, fee and commission income | 55,922,321 | 55,922,321 | 70,971,590 | 70,971,590 |
| Net other comprehensive income that will not be reclassified to profit or loss | - | - | - | - |
| Other operating income | 935,128 | 935,128 | 2,338,664 | 2,338,664 |
| Total operating income | 56,857,450 | 56,857,450 | 73,310,253 | 73,310,253 |
| Impairment charge/(reversal) for loans and other losses | (7,933,296) | (7,933,296) | 34,976,462 | 34,976,462 |
| Net operating income | 64,790,745 | 64,790,745 | 38,333,791 | 38,333,791 |
| Operating expenses | - | - | - | - |
| Personnel expenses | 21,818,825 | 21,818,825 | 19,866,529 | 19,866,529 |
| Other operating expenses | 13,153,687 | 13,153,687 | 11,699,740 | 11,699,740 |
| Depreciation & Amortization | 1,746,529 | 1,746,529 | 1,847,817 | 1,847,817 |
| Operating Profit | 28,071,704 | 28,071,704 | 4,919,705 | 4,919,705 |
| Non operating income | - | - | - | - |
| Non operating expense | - | - | - | - |
| Profit before income tax | 28,071,704 | 28,071,704 | 4,919,705 | 4,919,705 |
| Income tax expense | - | - | - | - |
| Current Tax expenses | 8,421,511 | 8,421,511 | 1,475,911 | 1,475,911 |
| Deferred Tax Expenses/(Income) | - | - | - | - |
| Profit for the period | 19,650,193 | 19,650,193 | 3,443,793 | 3,443,793 |
| Other Comprehensive income | (1,931,131) | (1,931,131) | (18,016,008) | (18,016,008) |
| Total Comprehensive Income | 17,719,062 | 17,719,062 | (14,572,214) | (14,572,214) |
| Basic earnings per share | - | 7.86 | - | 1.38 |
| Diluted earnings per share | - | 7.86 | - | 1.38 |
| Total Comprehensive income attributable to: | - | - | - | - |
| Equity holders of the company | 17,719,062 | 17,719,062 | (14,572,214) | (14,572,214) |
| Non controlling interest | - | - | - | - |
| Total | 17,719,062 | 17,719,062 | (14,572,214) | (14,572,214) |
Notes to Interim Financial Results
1 The above financial statements have been prepared in accordance with Nepal Financial Reporting Standards (NFRS) in line with NRB Directives. In compliance with NRB's Expected Credit Loss Guidelines, finance has de-recognised interest income on loan and advances classified as life time ECL under stage 3. Finance has calculated the expected credit loss figure under ECL guidelines, which is lower than the provision calculated as per Unified Directives. The finance has considered the provision as prescribed by Unified Directives. The Finance has considered the impact of effective interest rate as not significant for the period of first quarter 2083/84 and will assess its impact on subsequent quarter of FY 2083/84.
2 Loan and advances include interest receivable on loans and are presented net of loan impairments.
3 The figures are subject to change if directed by NRB or external auditors.
4 Figures are regrouped where necessary.
5 There are no related party transactions with related parties apart from BOD allowance to BOD members, salary and allowances to CEO.
6 The above unaudited interim financial statements has been updated in the Company's website: www.shreefinance.com.np
1. Financial Statement:
Statement of Financial Position and Statement of Profit or Loss as per Nepal Financial Reporting Standards (NFRS) including key financial indicators and ratios are presented along with this report. There has been no transaction between related parties.
Key Financial Indicators and Ratios:
Earnings Per Share (NPR) 7.86
Price Earnings Ratio (Times) 59.41
Net worth per Share (NPR) 141.59
Total Assets Per share (NPR) 1,051.46
Liquidity Ratio (%) 42.69
2. Management Analysis
• Management is continuously focused on strengthening the balance sheet, diversifying the portfolio to meet the evolving needs of economy, pursuing sustainable growth, investing in high-quality assets, ensuring business continuity, optimizing resource utilization and further improving management practice and workplace efficiency.
• This national-level financial institution has been providing services through its central office along with 13 branch offices. In the coming days, the institution's management is committed to enhance the quality of services, formulating and implementing timely business plans, exploring new investment areas, establishing new branches and offering modern banking and financial services and facilities in line with business diversification and customer needs. Digital banking has been prioritized.
• No specific incident occurred during the period that could have impact on reserve, profit or cash flow.
3. Details related to Legal Proceedings
• During this quarterly period, the financial institution has not filed any lawsuits against anyone, nor has it received any notices of lawsuits filed against it.
• No lawsuits have been filed against the institution's promoters or directors, nor have they been accused of violating applicable regulations or committing criminal offenses.
• No lawsuits have been filed against any promoter or director in connection with financial crimes.
4. Analysis of Stock Performance of FI
• Share price and transaction are determined as per open market competition.
• Maximum, minimum and closing share price including total share transaction number and days of transaction during the period were: (Source: Website of Nepal Stock Exchange)
| Maximum price (NPR) : | 540.70 | 450.00 |
| Closing price (NPR) : | 467.00 | 457,748 |
Total no. of transactions : 2,350 No. of transaction days : 61
5. Problems and Challenges
Internal:
• Skill and experienced human resources retention.
• Management of non-performing loans and NBA.
• Challenges of improving non-interest revenue.
• Challenges of mobilizing excess liquidity.
• Increasing Operating Cost.
External:
• Intense market competition.
• Low credit demand and slowdown in the economy.
• Increasing cyber security and digital risk.
• Geopolitical tensions and ongoing international conflicts pose a signification threat to economic stability.
6. Corporate Governance
The FI's prioritizes adherence to corporate governance guidelines issued by the Nepal Rastra Bank and other regulatory authorities. The Board of Directors, Audit Committee and management are committed to strengthen good corporate governance practices in the company. Additionally, internal policies have been formulated and enforced to ensure orderly business conduct.
7. Declaration by CEO
As of this date, I hereby accept responsibility for the accuracy of the information and details provided in this report. I further declare that, to the best of my knowledge and belief, the contents of this report are true, accurate, complete, and that no material information relevant to investors has been concealed.
Condensed Consolidated Statement of Financial Position
As on Quarter ended Ashoj 2083 (October 17, 2026)
Amount in NPR
| Particulars | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalent | 591,116,601 | 1,176,180,637 |
| Due from Nepal Rastra Bank | 1,223,577,176 | 719,842,090 |
| Placement with Bank and Financial Institutions | - | - |
| Derivative financial instruments | - | - |
| Other trading assets | - | - |
| Loans and advances to B/Fis | 297,665,280 | 297,650,430 |
| Loans and advances to customers | 5,892,819,089 | 5,874,216,463 |
| Investment securities | 2,304,975,155 | 2,164,904,361 |
| Current tax assets | 47,487,625 | 55,909,041 |
| Investment in subsidiaries | - | - |
| Investment in associates | - | - |
| Investment property | 14,602,600 | 14,602,600 |
| Property, Plant and Equipment | 119,589,069 | 122,079,780 |
| Goodwill and Intangible assets | 2,743,815 | 1,993,449 |
| Deferred tax assets | - | - |
| Other assets | 20,004,828 | 19,338,107 |
| TOTAL ASSETS | 10,514,581,238 | 10,446,716,959 |
| LIABILITIES | ||
| Due to Bank and Financial Institutions | 328,091,833 | 327,812,838 |
| Due to Nepal Rastra Bank | 60,000,000 | 110,000,000 |
| Derivative financial instruments | - | - |
| Deposits from customers | 8,616,193,633 | 8,462,851,839 |
| Borrowing | - | - |
| Current Tax Liabilities | - | - |
| Provisions | - | - |
| Deferred tax liabilities | 15,325,944 | 16,153,571 |
| Other liabilities | 79,036,850 | 131,684,794 |
| Debt securities issued | - | - |
| Subordinated Liabilities | - | - |
| TOTAL LIABILITIES | 9,098,648,260 | 9,048,503,042 |
| EQUITY | ||
| Share Capital | 1,000,000,000 | 1,000,000,000 |
| Share Premium | - | - |
| Retained Earnings | 46,136,933 | 40,283,737 |
| Reserves | 369,796,046 | 357,930,179 |
| TOTAL EQUITY ATTRIBUTABLE TO EQUITY HOLDERS | 1,415,932,978 | 1,398,213,916 |
| NON-CONTROLLING INTEREST | - | - |
| TOTAL EQUITY | 1,415,932,978 | 1,398,213,916 |
| TOTAL LIABILITIES & EQUITY | 10,514,581,238 | 10,446,716,959 |
Statement of Distributable Profit or Loss
For the Quarter Ended 31 Ashoj 2083
(As Per NRB Regulation)
Amount in NPR
| Particulars Current Year Upto this Quarter YTD Previous Year Corresponding Quarter YTD | ||
| Net profit or (loss) as per statement of profit or loss | 19,650,193 | 3,443,793 |
| Appropriations: | ||
| a. General reserve | (3,930,039) | (688,759) |
| b. Foreign exchange fluctuation fund | - | - |
| c. Capital redemption reserve | - | - |
| d. Corporate social responsibility fund | (196,502) | (10,098) |
| e. Employee's training fund | (579,597) | (499,706) |
| f. Other | - | - |
| Profit or (loss) before regulatory adjustment | 14,944,056 | 2,245,231 |
| Regulatory Adjustment: | ||
| a. Interest receivable (-)/previous accured interest received (+) | (9,090,860) | (700,688) |
| 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. Actuarial loss recognised (-)/reversal (+) | - | - |
| i. Other | - | - |
| Net Profit for the Quarter end available for distribution | 5,853,196 | 1,544,543 |
| Opening retained earning | 40,283,737 | 62,800,232 |
| Adjustment(+/-) | - | - |
| Distribution: | ||
| Bonus shares issued | - | - |
| Cash Dividend Paid | - | - |
| Total Distributable profit or (loss) as on Quarter end date | 46,136,933 | 64,344,775 |
| Annualised Distributable Profit/Loss per share | 4.61 | 6.43 |
Ratios as per NRB Directive
Particulars Current year This quarter Current year Upto this quarter (YTD) Previous year This quarter Previous year Upto this quarter (YTD)
Capital fund to RWA 19.30% 18.50%
Non-performing loan (NPL) to total loan 3.18% 3.34%
Total loan loss provision to Total NPL 114.33% 97.77%
Cost of Funds 4.63% 6.23%
Credit to Deposit Ratio 71.02% 79.60%
Base Rate 6.08% 7.96%
Interest Rate Spread 3.63% 3.96%
Tier 1 Capital to RWA 18.12% 17.57%
Return on Equity 5.56% 0.99%
Return on Assets 0.77% 0.14%
Securities Registration and Issue Regulation 2073, Related to (Rule-26 (1), Annexure-14) for the First Quarter Report, of FY 2083/84
Amount in NPR
| Particulars Current Year | This Quarter Current Year Up to | This Quarter (YTD) Previous Year | This Quarter Previous Year Up to | This Quarter (YTD) |
|---|---|---|---|---|
| Interest income | 155,911,420 | 155,911,420 | 196,358,534 | 196,358,534 |
| Interest expense | 103,951,609 | 103,951,609 | 131,009,097 | 131,009,097 |
| Net interest income | 51,959,812 | 51,959,812 | 65,349,438 | 65,349,438 |
| Fee and commission income | 3,974,370 | 3,974,370 | 5,644,013 | 5,644,013 |
| Fee and commission expense | 11,860 | 11,860 | 21,861 | 21,861 |
| Net fee and commission income | 3,962,510 | 3,962,510 | 5,622,152 | 5,622,152 |
| Net interest, fee and commission income | 55,922,321 | 55,922,321 | 70,971,590 | 70,971,590 |
| Net other comprehensive income that will not be reclassified to profit or loss | - | - | - | - |
| Other operating income | 935,128 | 935,128 | 2,338,664 | 2,338,664 |
| Total operating income | 56,857,450 | 56,857,450 | 73,310,253 | 73,310,253 |
| Impairment charge/(reversal) for loans and other losses | (7,933,296) | (7,933,296) | 34,976,462 | 34,976,462 |
| Net operating income | 64,790,745 | 64,790,745 | 38,333,791 | 38,333,791 |
| Operating expenses | - | - | - | - |
| Personnel expenses | 21,818,825 | 21,818,825 | 19,866,529 | 19,866,529 |
| Other operating expenses | 13,153,687 | 13,153,687 | 11,699,740 | 11,699,740 |
| Depreciation & Amortization | 1,746,529 | 1,746,529 | 1,847,817 | 1,847,817 |
| Operating Profit | 28,071,704 | 28,071,704 | 4,919,705 | 4,919,705 |
| Non operating income | - | - | - | - |
| Non operating expense | - | - | - | - |
| Profit before income tax | 28,071,704 | 28,071,704 | 4,919,705 | 4,919,705 |
| Income tax expense | - | - | - | - |
| Current Tax expenses | 8,421,511 | 8,421,511 | 1,475,911 | 1,475,911 |
| Deferred Tax Expenses/(Income) | - | - | - | - |
| Profit for the period | 19,650,193 | 19,650,193 | 3,443,793 | 3,443,793 |
| Other Comprehensive income | (1,931,131) | (1,931,131) | (18,016,008) | (18,016,008) |
| Total Comprehensive Income | 17,719,062 | 17,719,062 | (14,572,214) | (14,572,214) |
| Basic earnings per share | - | 7.86 | - | 1.38 |
| Diluted earnings per share | - | 7.86 | - | 1.38 |
| Total Comprehensive income attributable to: | - | - | - | - |
| Equity holders of the company | 17,719,062 | 17,719,062 | (14,572,214) | (14,572,214) |
| Non controlling interest | - | - | - | - |
| Total | 17,719,062 | 17,719,062 | (14,572,214) | (14,572,214) |
Notes to Interim Financial Results
1 The above financial statements have been prepared in accordance with Nepal Financial Reporting Standards (NFRS) in line with NRB Directives. In compliance with NRB's Expected Credit Loss Guidelines, finance has de-recognised interest income on loan and advances classified as life time ECL under stage 3. Finance has calculated the expected credit loss figure under ECL guidelines, which is lower than the provision calculated as per Unified Directives. The finance has considered the provision as prescribed by Unified Directives. The Finance has considered the impact of effective interest rate as not significant for the period of first quarter 2083/84 and will assess its impact on subsequent quarter of FY 2083/84.
2 Loan and advances include interest receivable on loans and are presented net of loan impairments.
3 The figures are subject to change if directed by NRB or external auditors.
4 Figures are regrouped where necessary.
5 There are no related party transactions with related parties apart from BOD allowance to BOD members, salary and allowances to CEO.
6 The above unaudited interim financial statements has been updated in the Company's website: www.shreefinance.com.np
1. Financial Statement:
Statement of Financial Position and Statement of Profit or Loss as per Nepal Financial Reporting Standards (NFRS) including key financial indicators and ratios are presented along with this report. There has been no transaction between related parties.
Key Financial Indicators and Ratios:
Earnings Per Share (NPR) 7.86
Price Earnings Ratio (Times) 59.41
Net worth per Share (NPR) 141.59
Total Assets Per share (NPR) 1,051.46
Liquidity Ratio (%) 42.69
2. Management Analysis
• Management is continuously focused on strengthening the balance sheet, diversifying the portfolio to meet the evolving needs of economy, pursuing sustainable growth, investing in high-quality assets, ensuring business continuity, optimizing resource utilization and further improving management practice and workplace efficiency.
• This national-level financial institution has been providing services through its central office along with 13 branch offices. In the coming days, the institution's management is committed to enhance the quality of services, formulating and implementing timely business plans, exploring new investment areas, establishing new branches and offering modern banking and financial services and facilities in line with business diversification and customer needs. Digital banking has been prioritized.
• No specific incident occurred during the period that could have impact on reserve, profit or cash flow.
3. Details related to Legal Proceedings
• During this quarterly period, the financial institution has not filed any lawsuits against anyone, nor has it received any notices of lawsuits filed against it.
• No lawsuits have been filed against the institution's promoters or directors, nor have they been accused of violating applicable regulations or committing criminal offenses.
• No lawsuits have been filed against any promoter or director in connection with financial crimes.
4. Analysis of Stock Performance of FI
• Share price and transaction are determined as per open market competition.
• Maximum, minimum and closing share price including total share transaction number and days of transaction during the period were: (Source: Website of Nepal Stock Exchange)
| Maximum price (NPR) : | 540.70 | 450.00 |
| Closing price (NPR) : | 467.00 | 457,748 |
Total no. of transactions : 2,350 No. of transaction days : 61
5. Problems and Challenges
Internal:
• Skill and experienced human resources retention.
• Management of non-performing loans and NBA.
• Challenges of improving non-interest revenue.
• Challenges of mobilizing excess liquidity.
• Increasing Operating Cost.
External:
• Intense market competition.
• Low credit demand and slowdown in the economy.
• Increasing cyber security and digital risk.
• Geopolitical tensions and ongoing international conflicts pose a signification threat to economic stability.
6. Corporate Governance
The FI's prioritizes adherence to corporate governance guidelines issued by the Nepal Rastra Bank and other regulatory authorities. The Board of Directors, Audit Committee and management are committed to strengthen good corporate governance practices in the company. Additionally, internal policies have been formulated and enforced to ensure orderly business conduct.
7. Declaration by CEO
As of this date, I hereby accept responsibility for the accuracy of the information and details provided in this report. I further declare that, to the best of my knowledge and belief, the contents of this report are true, accurate, complete, and that no material information relevant to investors has been concealed.