Kamal Siddhartha Bank Limited (SBL) recorded a net profit of Rs. 3.39 Arba in the fiscal year 2081/82, showing a 10.24% rise compared to Rs. 3.08 Arba in the previous year. This growth came mainly from higher net interest income, which increased by 6.43% to Rs. 8.43 Arba.
The bank experienced solid growth in deposits and lending. Deposits went up by 16.16% to Rs. 2.8 Kharba, while loans and advances rose by 9.76% to Rs. 2.14 Kharba. Reserves improved by 12.26% to Rs. 15.04 Arba, and retained earnings saw a sharp jump of 220.97% to Rs. 1.86 Arba.
Operating profit reached Rs. 5.02 Arba, an increase of 12.16% from last year. However, impairment charges also grew by 25.14% to Rs. 1.31 Arba. The bank managed to reduce its cost of funds to 4.39% from 5.95%, boosting its profit margins.
Earnings per share (EPS) stood at Rs. 24.10, up from Rs. 21.86. Net worth per share was Rs. 219.97. The capital adequacy ratio slightly fell to 11.77% from 11.88%, while the non-performing loan (NPL) ratio rose to 2.62% from 2.17%.
At the end of the quarter, SBL shares were valued at Rs. 383.77, giving it a price-to-earnings (P/E) ratio of 15.93 times.
Key Financial Figures
| Particulars | FY 2081/82 | FY 2080/81 | Change (%) |
|---|---|---|---|
| Net Profit | Rs. 3.39 Arba | Rs. 3.08 Arba | +10.24% |
| Net Interest Income | Rs. 8.43 Arba | Rs. 7.93 Arba | +6.43% |
| Deposits | Rs. 2.8 Kharba | – | +16.16% |
| Loans & Advances | Rs. 2.14 Kharba | – | +9.76% |
| Reserves | Rs. 15.04 Arba | – | +12.26% |
| Retained Earnings | Rs. 1.86 Arba | – | +220.97% |
| Operating Profit | Rs. 5.02 Arba | – | +12.16% |
| Impairment Charges | Rs. 1.31 Arba | – | +25.14% |
| Cost of Funds | 4.39% | 5.95% | Improved |
| EPS (Annualized) | Rs. 24.10 | Rs. 21.86 | ↑ |
| Net Worth per Share | Rs. 219.97 | – | – |
| Capital Adequacy Ratio | 11.77% | 11.88% | ↓ Slight |
| NPL Ratio | 2.62% | 2.17% | ↑ |
| Share Price (Quarter-End) | Rs. 383.77 | – | – |
| P/E Ratio | 15.93x | – | – |
Report: Siddhartha Bank’s Q4 Report of FY 2081/82
