मातृभूमि लघुवित्त चौथो त्रैमासिक नतिजा: १३ अर्ब आम्दानी, ५७ करोड घाटा र EPS -९.२२ Matribhumi Laghubitta Q4 Results: Revenue Hits Rs. 1.31B but Net Loss Rs. 57.9M, EPS at -9.22
मातृभूमि लघुवित्त वित्तीय संस्था लिमिटेड (MATRI) ले आ.व. २०८१/८२ (2024/25) को चौथो त्रैमासिक अडिट गरिएको वित्तीय नतिजा सार्वजनिक गरेको छ। नतिजामा आम्दानीमा उल्लेखनीय वृद्धि भए पनि कम्पनी अझै घाटामै रहेको देखिन्छ।
कम्पनीको कुल आम्दानी १३ अर्ब १६ करोड रुपैयाँ पुगेको छ, जुन गत वर्षको सोही अवधिको ९ अर्ब ८० करोड रुपैयाँभन्दा ३४% वृद्धि हो। त्रैमासिक आधारमा पनि आम्दानी ३४% ले बढेको छ।
मोटा नाफा (Gross Profit) ४ अर्ब रुपैयाँमा पुगेको छ, जुन अघिल्लो वर्षको ३ अर्ब ९ करोडभन्दा बढी हो। मोटा नाफा मार्जिन ३०.४५% मा स्थिर रहनु कम्पनीले आम्दानीसँगै खर्च नियन्त्रणमा ध्यान दिएको देखाउँछ।
तर, शुद्ध नाफा भने घाटामै सीमित भएको छ। कम्पनीले चौथो त्रैमासमा ५ करोड ७८ लाख रुपैयाँ घाटा बेहोरेको छ, जुन गत वर्षको ७ करोड ९८ लाख नाफाभन्दा कमजोर हो। शुद्ध नाफा मार्जिन -४.४०% मा झरेको छ।
मुख्य वित्तीय सूचकहरू कमजोर छन्। ROA -०.४५% र ROE -४.६६% मा रहनु, लगानीकर्ताका लागि नोक्सानीको संकेत हो। EPS पनि घटेर -९.२२ रुपैयाँमा पुगेको छ, जुन अघिल्लो वर्ष १२.७१ रुपैयाँ नाफा थियो।
तर, बजारमा लगानीकर्ताको विश्वास अझै मजबुत देखिन्छ। कम्पनीको बजार मूल्य प्रतिशेयर १,२०४.८४ रुपैयाँ पुगेको छ, जबकि बुक भ्यालु मात्र १८३.१६ रुपैयाँ छ। यसले बजार मूल्य उच्च भए पनि आधारभूत नतिजा कमजोर रहेको प्रष्ट पार्छ।
वित्तीय सूचक हेर्दा, Capital Fund to RWA ८.०६% मा छ, जुन न्यूनतम आवश्यकतासँग नजिक छ। NPL अनुपात ८.७६% मा झरेको छ तर अझै उच्च छ। Loan loss provision coverage बढेर ६५.८४% पुगेको छ। त्यसैगरी, cost of funds घटेर ७.७४% र net interest spread बढेर ७.२६% भएको छ।
समग्रमा, मातृभूमि लघुवित्तले आम्दानी बढाए पनि घाटा नियन्त्रण गर्न नसकेको देखिन्छ। दिर्घकालीन नाफाका लागि कम्पनीले ऋण जोखिम व्यवस्थापन, सञ्चालन कार्यक्षमता सुधार र पूँजी आधार सुदृढीकरणमा ध्यान दिनुपर्ने देखिन्छ।
Matribhumi Laghubitta Bittiya Sanstha Limited (MATRI) has published its audited financial results for the fourth quarter of fiscal year 2024/25. The results reveal strong revenue growth but persistent losses, raising concerns about long-term profitability and financial stability.
The company’s total revenue reached Rs. 1.31 billion in Q4, a 34% year-on-year increase compared to Rs. 980.12 million in the same period last year. Sequentially, revenue improved by 34% from Q3, reflecting higher loan portfolio activities and interest income growth.
Gross profit stood at Rs. 400.82 million, up from Rs. 309.93 million last year. The gross margin remained stable at 30.45%, showing that income growth has been matched with better cost control relative to operating expenses.
Despite strong revenue and gross profit, MATRI reported a net loss of Rs. 57.94 million in Q4, compared to a net profit of Rs. 79.84 million in the same quarter last year. The net margin fell to -4.40%, showing that rising provisioning costs and operating inefficiencies continue to weigh down profitability.
Key financial indicators further highlight the challenges. Return on Assets (ROA) slipped to -0.45%, while Return on Equity (ROE) stood at -4.66%, both reflecting negative shareholder value creation. Similarly, EPS (annualized) fell sharply to -9.22, compared to Rs. 12.71 last year, indicating declining investor returns.
From a valuation perspective, the company’s book value per share decreased to Rs. 183.16, while the market price per share surged to Rs. 1,204.84, showing strong investor confidence despite weak earnings. However, the price-to-earnings (PE) ratio remains in negative territory at -130.64, signaling speculative market behavior.
In the financial sector performance indicators, MATRI’s Capital Fund to RWA ratio stood at 8.06%, close to the regulatory minimum. NPL (non-performing loans) ratio improved slightly to 8.76% from 9.85% last year, but remains high. Loan loss provision coverage strengthened to 65.84%, indicating higher provisioning efforts. The cost of fundsdropped to 7.74% from 11.12% a year ago, while net interest spread widened to 7.26%, reflecting improved interest management.
Overall, MATRI has shown strong revenue expansion and improved sectoral indicators, but continued net losses raise serious concerns. Sustained profitability will depend on further controlling credit risks, enhancing efficiency, and maintaining adequate capital buffers.
