स्वावलम्बन लघुवित्त वित्तीय संस्थाको पहिलो त्रैमासिक वित्तीय विवरणSwabalamban Laghubitta: Q1 Unaudited Financial Results
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 16, 2026
SWABALAMBAN LAGHUBITTA BITTIYA SANSTHA LTD.
Central Office, Kathmandu
Interim Financial Statements
Unaudited Condensed Statement of Financial Position
As on Quarter ended 31st Ashoj, 2083
Amount in NPR
| Particulars | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| Assets | ||
| Cash and Cash Equivalent | 818,058,111 | 1,078,996,372 |
| Statutory Balances and Due from Nepal Rastra Bank | 118,010,663 | 113,259,243 |
| Placement with Bank & Financial Institutions | - | - |
| Derivative Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loan and Advances to MFIs & Cooperatives | - | - |
| Loans And Advances to Customers | 25,708,033,562 | 25,685,918,987 |
| Investment Securities | 933,837 | 933,837 |
| Current Tax Assets | 364,842,795 | 44,544,022 |
| Investment Property | - | - |
| Property and Equipment | 277,092,091 | 279,796,780 |
| Goodwill and Intangible Assets | 1,599,454 | 1,302,095 |
| Deferred Tax Assets | 461,380,818 | 461,380,818 |
| Other Assets | 377,150,203 | 426,736,340 |
| Total Assets | 28,127,101,534 | 28,092,868,493 |
| Liabilities | ||
| Due to Bank and Financial Institutions | - | - |
| Due to Nepal Rastra Bank | - | - |
| Derivative Financial Instrument | - | - |
| Deposits from Customers | 18,308,448,543.7 | 18,086,376,762 |
| Borrowing | 5,239,264,589.2 | 5,413,138,246 |
| Current Tax Liabilities | - | - |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other Liabilities | 285,107,884.7 | 359,843,739 |
| Debt Securities Issued | - | - |
| Subordinated Liabilities | - | - |
| Total Liabilities | 23,832,821,018 | 23,859,358,747 |
| Equity | ||
| Share Capital | 1,750,000,000 | 1,750,000,000 |
| Share Premium | 868,762 | 868,762 |
| Retained Earning | 552,342,656 | 503,910,036 |
| Reserves | 1,991,069,097 | 1,978,730,949 |
| Total Equity | 4,294,280,515 | 4,233,509,747 |
| Total Liabilities and Equity | 28,127,101,534 | 28,092,868,493 |
| Contingent liabilities and commitment | 6,415,519 | 6,415,519 |
| Net assets value per share | 245.39 | 241.91 |
Unaudited Condensed Statement of Profit or Loss
For the Quarter ended 31st Ashoj, 2083
Amount in NPR
| Particulars | This Quarter Ending | This Quarter | This Quarter Ending Upto this Quarter Previous Year Corresponding | This Quarter Previous Year Corresponding Upto this Quarter |
|---|---|---|---|---|
| Interest Income | 1,007,512,410 | 1,007,512,410 | 926,996,304 | 926,996,304 |
| Interest Expense | 428,495,648 | 428,495,648 | 385,795,970 | 385,795,970 |
| Net interest income | 579,016,761 | 579,016,761 | 541,200,334 | 541,200,334 |
| Fees and Commission Income | 84,952,284 | 84,952,284 | 85,057,751 | 85,057,751 |
| Fees and Commission Expense | 347,151 | 347,151 | 5,853 | 5,853 |
Ratio as per NRB Directives
Particulars Current Year Upto This quarter Previous Year Corresponding Upto This quarter
Capital fund to RWA 10.94% 11.01%
Non-Performing Loan( NPL) to total loan 9.79% 11.94%
Total loan loss provision to Total NPL 118.56% 93.58%
Cost of Funds 7.30% 7.63%
Credit to Deposit and borrowing Ratio 120.42% 121.00%
Base Rate 13.84% 13.75%
Interest Rate Spread 7.29% 7.34%
Statement of Distributable Profit or Loss
For the Quarter ended 31st Ashoj, 2083
(As per NRB Regulation)
Particulars Current Year Upto This Qtr YTD
Net Profit or (Loss) as per statement of Profit or Loss 64,135,310
Appropriations:
a. General Reserve (12,827,062)
b. Foreign Exchange Fluctuation Fund -
c. Capital Redemption Reserve -
d. Corporate Social Responsibility Fund (641,353)
e. Employees' Training Fund -
f. Client Protection Fund (1,282,706)
f. Other -
Restructure/Reschedule Provision Write back -
Staff Welfare Fund -
Profit or (loss) before regulatory adjustment 49,384,189
Regulatory adjustment :
a. Interest receivable (-)/previous accrued interest received (+) (4,020,921)
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 (-)/resersal (+) -
h. Acturial loss recognised (-)/reversal (+) -
i. Other (+/-) -
Net Profit for the year end available for distribution 45,363,268
Opening Retained Earning as on Shrawan 1st 503,910,036
Adjustment (+/-) -
Retained Earning from Previous year -
Expense for CSR 3,069,352
Distribution: 552,342,655
Bonus Share issued -
Cash Dividend Paid -
Total Distributable Profit or (loss) as on year end date 552,342,655
Annualised Distributable Profit/Loss per share 31.59
Notes:
1. Above financial statements are prepared in accordance with Nepal Financial Reporting Standards(NFRS) and certain Carve-outs issued by the Institute of Chartered Accountants of Nepal (ICAN).These figures may vary at the instances of statutory auditors and regulators.
2. The detailed interim financial report has been published in the website (www.swbbl.com.np)
3. Loans and Advances are presented net of impairment charges and includes staff loans.
4. Personnel Expenses also include employee's bonus provision.
5. Previous period figures are regrouped/rearranged/restated wherever necessary for consistent presentation and comparison.
6. The above figures are subject to change upon otherwise as per the direction of the Regulators and/or Statutory Auditor.
7. The Financial Institution has calculated Expected Credit Loss figures with implementation of Expected Credit Loss Model being in lined with relevant applicable standards and regulatory direction. The financial institution has recorded higher loan loss provision as per NRB's norms.
आ.व. २०८३/८४ को प्रथम त्रैमासिक विवरण
१. वित्तीय विवरण :
(क) नेपाल वित्तीय प्रतिवेदनमान (NFRS) अनुरूप प्रथम त्रैमासिक अवधिसम्मको वासलात तथा नाफा नोक्सान हिसाब सम्बन्धी विवरण यसै साथ प्रकाशित गरिएको छ ।
(ख) प्रमुख वित्तीय अनुपातहरू:
प्रति शेयर आम्दानी रु. १४/३८ (मूल्य आम्दानी अनुपात) P/E ratio ५४/३० प्रति शेयर नेटवर्थ रु. २४५/३९ प्रति शेयर कुल सम्पत्तिको मूल्य रु १,५०७/२६ तरलता अनुपात ३.७०%
| Net fee and Commission income | 84,605,134 | 84,605,134 | 85,051,898 | 85,051,898 |
| Net interest fee and commission income | 663,621,895 | 663,621,895 | 626,252,232 | 626,252,232 |
| Net Trading Income | - | - | - | - |
| Other Operating Income | 209,557 | 209,557 | 356,821 | 356,821 |
| Total operating income | 663,831,452 | 663,831,452 | 626,609,052 | 626,609,052 |
| Impairment charge/(reversal) for loans and other losses | 158,770,385 | 158,770,385 | 177,232,847 | 177,232,847 |
| Net Operating income | 505,061,067 | 505,061,067 | 449,376,205 | 449,376,205 |
| Operating expenses | - | - | - | - |
| Personnel Expense | 362,712,568 | 362,712,568 | 319,308,038 | 319,308,038 |
| Other Operating Expenses | 46,871,142 | 46,871,142 | 43,025,963 | 43,025,963 |
| Depreciation and amortisation | 3,901,679 | 3,901,679 | 4,381,569 | 4,381,569 |
| Operating Profit | 91,575,678 | 91,575,678 | 82,660,635 | 82,660,635 |
| Non operating income | 46,194 | 46,194 | 25,500 | 25,500 |
| Non operating expense | - | - | - | - |
| Profit before income tax | 91,621,872 | 91,621,872 | 82,686,135 | 82,686,135 |
| Income tax expense | 27,486,562 | 27,486,562 | 24,805,840 | 24,805,840 |
| Current tax | 27,486,562 | 27,486,562 | 24,805,840 | 24,805,840 |
| Deferred tax Expense/(Income) | - | - | - | - |
| Profit for the Year | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
| Profit attributable to: | - | - | - | - |
| Equity holders of the Financial Institution | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
| Profit for the Year | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
| Earnings per share: | - | - | - | - |
| Basic earnings per share | - | 14.38 | - | 13.70 |
| Diluted earnings per Share | - | 14.38 | - | 13.70 |
Statement of Other Comprehensive Income
For the Quarter ended 31st Ashoj, 2083
Amount in NPR
| Particulars | This Quarter Ending | This Quarter | This Quarter Ending Upto this Quarter Previous Year Corresponding | This Quarter Previous Year Corresponding Upto this Quarter |
|---|---|---|---|---|
| Profit for the Year | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
| Other comprehensive income, net of income tax | - | - | - | - |
| a) Items that will not be reclassified to profit or loss | - | - | - | - |
| • Gains/(losses) from Investment in Equity Instruments measured at Fair Value | - | - | - | - |
| • Gains/(losses) on Revaluation | - | - | - | - |
| • Acturial Gains/(Losses) on Defined Benefit Plans | - | - | - | - |
| • Income Tax Relating to above Items | - | - | - | - |
| Net Other Comprehensive Income that will not be Reclassified to Profit or Loss | - | - | - | - |
| b) Items that are or may be Reclassified to Profit or Loss | - | - | - | - |
| • Gains/(Losses) on Cash Flow Hedge | - | - | - | - |
| • Exchange Gains/(Losses)(arising from translating Financial Assets of Foreign Operation) | - | - | - | - |
| • Income Tax relating to above Items | - | - | - | - |
| • Reclassify to Profit or Loss | - | - | - | - |
| Net Other Comprehensive Income that are or may be Reclassified to Profit or Loss | - | - | - | - |
| Other Comprehensive Income for the Year, Net of Income Tax | - | - | - | - |
| Total Comprehensive Income for the Year | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
| Total Comprehensive Income for the Period | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
२. व्यवस्थापकीय विश्लेषण :
(क) यस त्रैमासिक अवधिमा संस्थाको मौजदात, आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सोको प्रमुख कारण सम्बन्धी विवरण : चालू आर्थिक वर्ष २०८३/८४ को प्रथम त्रैमासिक अवधिमा वित्तीय वातावरण अघिल्लो वर्षको सोही अवधिको तुलनामा केही सहज बन्दै गएकाले वित्तीय संस्थाको कारोबार, व्यवसाय विस्तार र आम्दानीमा सकारात्मक सुधार आएको छ। लघुवित्त क्षेत्रमा देखिएका विविध चुनौतीहरू क्रमशः सुधारन्मुख भईसँगै संस्थाको कोषको लागत (Cost of Funds) घट्नुका साथै खुद मुनाफामा समेत वृद्धि भएको छ ।। व्यवस्थापनले लघुवित्त क्षेत्रमा देखिएका बाह्य जोखिम, कर्जा जोखिम तथा तरलता जोखिमको विश्लेषण गर्दै वित्तीय कारोबारहरू सुरक्षित र प्रभावकारी रूपमा सञ्चालन गर्दै आइरहेको छ ।
(ख) आगामी अवधिको व्यवसायिक योजना सम्बन्धमा व्यवस्थापनको विश्लेषणात्मक विवरण :
गरीबीमुक्त समृद्ध समाज निर्माणको दीर्घकालीन सोचसहित राष्ट्रिय स्तरको यस वित्तीय संस्थाले विपन्न वर्ग तथा समुदायमा लघुवित्त सेवाको सहज पहुँच विस्तार गर्दै आएको छ । स्थानीय स्रोत, साधन र सीपको अधिकतम उपयोगमार्फत ग्रामीण एवम् सहरी क्षेत्रका विपन्न परिवारको सामाजिक-आर्थिक स्तर रूपान्तरण गर्न देशभर सेवा विस्तारलाई तीव्रता दिएको छ । हाल संस्थाले ६१ जिल्लाका १४५ शाखा कार्यालयहरूका माध्यमबाट २ लाख ७३ हजार ८ सय ९ विपन्न परिवारहरूलाई प्रत्यक्ष लघुवित्त सेवा प्रदान गर्दै आएको छ । प्रथम त्रैमासिक अवधिमा लगानीमा रहेको कर्जा रु. ४५ करोड ४८ लाख ३६ हजारले वृद्धि भई लगानीमा रहिरहेको कर्जा रु. २८ अर्ब ३५ करोड ५८ लाख ९१ हजार पुगेको छ भने निक्षेप र बचत रु.२२ करोड २० लाख ३२ हजारले वृद्धि भई कुल रु. १८ अर्ब ३० करोड ८४ लाख ४९ हजार पुगेको छ । अत्याधुनिक सूचना प्रविधिको प्रयोगमार्फत शीघ्र, पारदर्शी, विश्वसनीय र दिगो सेवा प्रवाह गर्दै सञ्जाल विस्तार गर्न वित्तीय संस्था अग्रसर छ । महिलाहरूलाई लक्षित गर्दै कृषि, पशुपालन, सेवा तथा लघुउद्यम सञ्चालनका लागि उत्तरदायी लघुवित्त सेवा उपलब्ध गराइँदै आएको छ । साथै, ग्राहकको चाहना र समयापेक्ष आवश्यकता अनुसार सेवा तथा सुविधाहरूलाई थप परिस्कृत गर्दै लैजान व्यवस्थापन पूर्ण रूपमा प्रतिबद्ध छ।
(ग) आगामी दिनमा कार्यक्रम विस्तार गर्दा लघुवित्त सेवाको पहुँच न्यून रहेका क्षेत्रहरूलाई विशेष प्राथमिकता दिइने रणनीति बनाइएको छ ।
(घ) प्रभावकारी व्यवस्थापन सूचना प्रणाली तथा आन्तरिक नियन्त्रण प्रणालीको आधारमा वित्तीय संस्थाले आफ्नो सेवालाई अझ बढी ग्राहकमैत्री बनाउँदै मुलुकको एक नेतृत्वदायी लघुवित्त वित्तीय संस्थाका रूपमा स्थापित हुने लक्ष्य लिएको छ । यसको लागि कर्मचारी तथा ग्राहकको क्षमता अभिवृद्धिमा अझ बढी ध्यान दिइनेछ ।
(ङ) विगतको अनुभवबाट वित्तीय संस्थाको मौजदात, नाफा वा नगद प्रवाहमा तात्त्विक असर पार्न सक्ने घटना वा अवस्था आदि भएमा सो सम्बन्धी विश्लेषणात्मक विवरण : वर्तमान परिस्थितिमा समग्र बैंकिङ प्रणालीमा पर्याप्त तरलता (लगानीयोग्य रकम) उपलब्ध रहेकाले कर्जा विस्तारका क्षेत्रहरू सङ्कुचित हुन सक्ने जोखिम देखिन्छ । यसका अतिरिक्त, लघुवित्त क्षेत्रमा देखिएका अराजक गतिविधिहरू, संस्थाहरूबीचको स्वस्थ प्रतिस्पर्धा, ग्राहकहरूको बहु बैंकिङ (Multiple Banking) सम्बन्धी नियामक निकायको कडा निर्देशनका कारण संस्थाको व्यवसाय वृद्धि तथा नाफामा दबाब पर्न सक्ने आँकलन गरिएको छ। यी सम्भावित जोखिमहरूको समुचित व्यवस्थापन र न्यूनीकरणका लागि व्यवस्थापन प्रश्न निरन्तर प्रयासरत रहेको छ ।
३. कानूनी कारबाही सम्बन्धी विवरण :
(क) यस वित्तीय संस्था पक्ष / विपक्ष रही श्री सर्वोच्च अदालतमा २३ जना पूर्व कर्मचारीहरूको मुद्दा विचाराधीन अवस्थामा रहेको छ ।
(ख) वित्तीय संस्थाका संस्थापक वा सञ्चालकले वा संस्थापक वा सञ्चालकको विरुद्धमा प्रचलित नियमको अवाज्ञा 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 कुनै जानकारी प्राप्त भएको छैन ।
४. संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण :
(क) धितोपत्र बजारमा भएको यस संस्थाको शेयरको कारोबारमा समय समयमा उतार चढाव देखिएता पनि कारोबारको अवस्था भने सन्तोषजनक रहेको छ ।
SWABALAMBAN LAGHUBITTA BITTIYA SANSTHA LTD.
Central Office, Kathmandu
Interim Financial Statements
Unaudited Condensed Statement of Financial Position
As on Quarter ended 31st Ashoj, 2083
Amount in NPR
| Particulars | This Quarter Ending | Immediate Previous Year Ending |
|---|---|---|
| Assets | ||
| Cash and Cash Equivalent | 818,058,111 | 1,078,996,372 |
| Statutory Balances and Due from Nepal Rastra Bank | 118,010,663 | 113,259,243 |
| Placement with Bank & Financial Institutions | - | - |
| Derivative Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loan and Advances to MFIs & Cooperatives | - | - |
| Loans And Advances to Customers | 25,708,033,562 | 25,685,918,987 |
| Investment Securities | 933,837 | 933,837 |
| Current Tax Assets | 364,842,795 | 44,544,022 |
| Investment Property | - | - |
| Property and Equipment | 277,092,091 | 279,796,780 |
| Goodwill and Intangible Assets | 1,599,454 | 1,302,095 |
| Deferred Tax Assets | 461,380,818 | 461,380,818 |
| Other Assets | 377,150,203 | 426,736,340 |
| Total Assets | 28,127,101,534 | 28,092,868,493 |
| Liabilities | ||
| Due to Bank and Financial Institutions | - | - |
| Due to Nepal Rastra Bank | - | - |
| Derivative Financial Instrument | - | - |
| Deposits from Customers | 18,308,448,543.7 | 18,086,376,762 |
| Borrowing | 5,239,264,589.2 | 5,413,138,246 |
| Current Tax Liabilities | - | - |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other Liabilities | 285,107,884.7 | 359,843,739 |
| Debt Securities Issued | - | - |
| Subordinated Liabilities | - | - |
| Total Liabilities | 23,832,821,018 | 23,859,358,747 |
| Equity | ||
| Share Capital | 1,750,000,000 | 1,750,000,000 |
| Share Premium | 868,762 | 868,762 |
| Retained Earning | 552,342,656 | 503,910,036 |
| Reserves | 1,991,069,097 | 1,978,730,949 |
| Total Equity | 4,294,280,515 | 4,233,509,747 |
| Total Liabilities and Equity | 28,127,101,534 | 28,092,868,493 |
| Contingent liabilities and commitment | 6,415,519 | 6,415,519 |
| Net assets value per share | 245.39 | 241.91 |
Unaudited Condensed Statement of Profit or Loss
For the Quarter ended 31st Ashoj, 2083
Amount in NPR
| Particulars | This Quarter Ending | This Quarter | This Quarter Ending Upto this Quarter Previous Year Corresponding | This Quarter Previous Year Corresponding Upto this Quarter |
|---|---|---|---|---|
| Interest Income | 1,007,512,410 | 1,007,512,410 | 926,996,304 | 926,996,304 |
| Interest Expense | 428,495,648 | 428,495,648 | 385,795,970 | 385,795,970 |
| Net interest income | 579,016,761 | 579,016,761 | 541,200,334 | 541,200,334 |
| Fees and Commission Income | 84,952,284 | 84,952,284 | 85,057,751 | 85,057,751 |
| Fees and Commission Expense | 347,151 | 347,151 | 5,853 | 5,853 |
Ratio as per NRB Directives
Particulars Current Year Upto This quarter Previous Year Corresponding Upto This quarter
Capital fund to RWA 10.94% 11.01%
Non-Performing Loan( NPL) to total loan 9.79% 11.94%
Total loan loss provision to Total NPL 118.56% 93.58%
Cost of Funds 7.30% 7.63%
Credit to Deposit and borrowing Ratio 120.42% 121.00%
Base Rate 13.84% 13.75%
Interest Rate Spread 7.29% 7.34%
Statement of Distributable Profit or Loss
For the Quarter ended 31st Ashoj, 2083
(As per NRB Regulation)
Particulars Current Year Upto This Qtr YTD
Net Profit or (Loss) as per statement of Profit or Loss 64,135,310
Appropriations:
a. General Reserve (12,827,062)
b. Foreign Exchange Fluctuation Fund -
c. Capital Redemption Reserve -
d. Corporate Social Responsibility Fund (641,353)
e. Employees' Training Fund -
f. Client Protection Fund (1,282,706)
f. Other -
Restructure/Reschedule Provision Write back -
Staff Welfare Fund -
Profit or (loss) before regulatory adjustment 49,384,189
Regulatory adjustment :
a. Interest receivable (-)/previous accrued interest received (+) (4,020,921)
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 (-)/resersal (+) -
h. Acturial loss recognised (-)/reversal (+) -
i. Other (+/-) -
Net Profit for the year end available for distribution 45,363,268
Opening Retained Earning as on Shrawan 1st 503,910,036
Adjustment (+/-) -
Retained Earning from Previous year -
Expense for CSR 3,069,352
Distribution: 552,342,655
Bonus Share issued -
Cash Dividend Paid -
Total Distributable Profit or (loss) as on year end date 552,342,655
Annualised Distributable Profit/Loss per share 31.59
Notes:
1. Above financial statements are prepared in accordance with Nepal Financial Reporting Standards(NFRS) and certain Carve-outs issued by the Institute of Chartered Accountants of Nepal (ICAN).These figures may vary at the instances of statutory auditors and regulators.
2. The detailed interim financial report has been published in the website (www.swbbl.com.np)
3. Loans and Advances are presented net of impairment charges and includes staff loans.
4. Personnel Expenses also include employee's bonus provision.
5. Previous period figures are regrouped/rearranged/restated wherever necessary for consistent presentation and comparison.
6. The above figures are subject to change upon otherwise as per the direction of the Regulators and/or Statutory Auditor.
7. The Financial Institution has calculated Expected Credit Loss figures with implementation of Expected Credit Loss Model being in lined with relevant applicable standards and regulatory direction. The financial institution has recorded higher loan loss provision as per NRB's norms.
First Quarter Financial Report FY 2083/84
1. Financial Statements:
(a) The Balance Sheet and Profit and Loss Account for the first quarter period prepared in accordance with Nepal Financial Reporting Standards (NFRS) are published herewith.
| (b) Major Financial Ratios: | ||||
| Earnings Per Share Rs. | 14.38 | 54.30 | 245.39 | 1,507.26 |
| Net fee and Commission income | 84,605,134 | 84,605,134 | 85,051,898 | 85,051,898 |
| Net interest fee and commission income | 663,621,895 | 663,621,895 | 626,252,232 | 626,252,232 |
| Net Trading Income | - | - | - | - |
| Other Operating Income | 209,557 | 209,557 | 356,821 | 356,821 |
| Total operating income | 663,831,452 | 663,831,452 | 626,609,052 | 626,609,052 |
| Impairment charge/(reversal) for loans and other losses | 158,770,385 | 158,770,385 | 177,232,847 | 177,232,847 |
| Net Operating income | 505,061,067 | 505,061,067 | 449,376,205 | 449,376,205 |
| Operating expenses | - | - | - | - |
| Personnel Expense | 362,712,568 | 362,712,568 | 319,308,038 | 319,308,038 |
| Other Operating Expenses | 46,871,142 | 46,871,142 | 43,025,963 | 43,025,963 |
| Depreciation and amortisation | 3,901,679 | 3,901,679 | 4,381,569 | 4,381,569 |
| Operating Profit | 91,575,678 | 91,575,678 | 82,660,635 | 82,660,635 |
| Non operating income | 46,194 | 46,194 | 25,500 | 25,500 |
| Non operating expense | - | - | - | - |
| Profit before income tax | 91,621,872 | 91,621,872 | 82,686,135 | 82,686,135 |
| Income tax expense | 27,486,562 | 27,486,562 | 24,805,840 | 24,805,840 |
| Current tax | 27,486,562 | 27,486,562 | 24,805,840 | 24,805,840 |
| Deferred tax Expense/(Income) | - | - | - | - |
| Profit for the Year | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
| Profit attributable to: | - | - | - | - |
| Equity holders of the Financial Institution | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
| Profit for the Year | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
| Earnings per share: | - | - | - | - |
| Basic earnings per share | - | 14.38 | - | 13.70 |
| Diluted earnings per Share | - | 14.38 | - | 13.70 |
Statement of Other Comprehensive Income
For the Quarter ended 31st Ashoj, 2083
Amount in NPR
| Particulars | This Quarter Ending | This Quarter | This Quarter Ending Upto this Quarter Previous Year Corresponding | This Quarter Previous Year Corresponding Upto this Quarter |
|---|---|---|---|---|
| Profit for the Year | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
| Other comprehensive income, net of income tax | - | - | - | - |
| a) Items that will not be reclassified to profit or loss | - | - | - | - |
| • Gains/(losses) from Investment in Equity Instruments measured at Fair Value | - | - | - | - |
| • Gains/(losses) on Revaluation | - | - | - | - |
| • Acturial Gains/(Losses) on Defined Benefit Plans | - | - | - | - |
| • Income Tax Relating to above Items | - | - | - | - |
| Net Other Comprehensive Income that will not be Reclassified to Profit or Loss | - | - | - | - |
| b) Items that are or may be Reclassified to Profit or Loss | - | - | - | - |
| • Gains/(Losses) on Cash Flow Hedge | - | - | - | - |
| • Exchange Gains/(Losses)(arising from translating Financial Assets of Foreign Operation) | - | - | - | - |
| • Income Tax relating to above Items | - | - | - | - |
| • Reclassify to Profit or Loss | - | - | - | - |
| Net Other Comprehensive Income that are or may be Reclassified to Profit or Loss | - | - | - | - |
| Other Comprehensive Income for the Year, Net of Income Tax | - | - | - | - |
| Total Comprehensive Income for the Year | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
| Total Comprehensive Income for the Period | 64,135,310 | 64,135,310 | 57,880,294 | 57,880,294 |
2. Management Analysis:
(a) Details regarding major reasons if there is any change in the institution's balance, income, and liquidity during this quarter period: As the financial environment in the first quarter of the current fiscal year 2083/84 has gradually become more favorable compared to the same period of the previous year, there has been a positive improvement in the financial institution's business transactions, business expansion, and income. Various challenges seen in the microfinance sector are gradually improving, and along with a decrease in the institution's Cost of Funds, net profit has also increased. Management has been operating financial transactions safely and effectively while analyzing external risks, credit risks, and liquidity risks observed in the microfinance sector.
(b) Management's analytical details regarding the business plan for the upcoming period:
With a long-term vision of building a poverty-free prosperous society, this national-level financial institution has been expanding easy access to microfinance services to deprived classes and communities. The institution has intensified service expansion across the country to transform the socio-economic status of deprived families in rural and urban areas through maximum utilization of local resources, means, and skills. Currently, the institution has been providing direct microfinance services to 2,73,809 deprived families through 145 branch offices across 61 districts. Loans outstanding in the first quarter increased by Rs. 45 crore 48 lakh 36 thousand, reaching total loans outstanding of Rs. 28 billion 35 crore 58 lakh 91 thousand, while deposits and savings increased by Rs. 22 crore 20 lakh 32 thousand, reaching a total of Rs. 18 billion 30 crore 84 lakh 49 thousand. The financial institution is ahead in expanding its network while providing prompt, transparent, reliable, and sustainable services through the use of state-of-the-art information technology. Responsible microfinance services are being provided targeting women for agriculture, animal husbandry, services, and micro-enterprise operations. Furthermore, management is fully committed to further refining services and facilities according to customer preferences and timely requirements.
(c) Strategy has been formulated to give special priority to areas with low microfinance service reach when expanding programs in the coming days.
(d) Based on an effective management information system and internal control system, the financial institution aims to establish itself as a leading microfinance financial institution in the country by making its services even more customer-friendly. For this, further focus will be given to capacity building of employees and customers.
(e) Analytical details regarding events or conditions from past experience that could materially affect the financial institution's balance, profit, or cash flows: In the current situation, as sufficient liquidity (investable funds) is available in the overall banking system, there appears to be a risk of narrowing credit expansion areas. Additionally, anarchic activities seen in the microfinance sector, unhealthy competition among institutions, and strict directives from regulatory bodies regarding Multiple Banking by customers are estimated to exert pressure on the institution's business growth and profits. Management is continuously striving to properly manage and mitigate these potential risks.
3. Details Regarding Legal Proceedings:
(a) A case involving 23 former employees with this financial institution as party/counterparty is sub-judice in the Honorable Supreme Court.
(b) No information has been received regarding any case filed or pending against the promoters or directors of the financial institution for violation of prevailing regulations or criminal offenses.
(c) No information has been received regarding any case filed or pending against any promoter or director for committing financial crimes.
4. Analysis Regarding Share Transactions of the Organized Institution:
(a) Although fluctuations have been observed from time to time in the trading of the institution's shares in the securities market, the overall trading situation remains satisfactory.