Asha Laghubitta has shown strong financial growth in the fourth quarter of FY 2081/82. Its total assets have reached NPR 11.66 billion, marking a significant increase from the previous year. The loan portfolio has also grown to over NPR 10.44 billion, showing expansion in its lending activities. Although cash and bank balances slightly decreased, overall financial health has improved.
The company earned a net profit of NPR 143.69 million in the last quarter alone, and NPR 209.27 million up to this quarter. This is a major improvement from the previous year’s profits. Net interest income remains strong at NPR 377.17 million.
Earnings per share (EPS) reached NPR 28.55 (annualized), indicating strong returns for shareholders. The distributable profit of NPR 163.26 million provides room for possible dividends and further reserve allocation.
Key Financial Details (Ashad End 2082)
| Particulars | Ashad End 2082 | Ashad End 2081 |
|---|---|---|
| Total Assets | NPR 11.66 billion | NPR 10.47 billion |
| Loans and Advances to Customers | NPR 10.44 billion | NPR 9.55 billion |
| Cash & Bank Balances | NPR 649.9 million | NPR 700.6 million |
| Net Profit (This Quarter) | NPR 143.69 million | NPR 60.08 million |
| Net Profit (Up to This Quarter) | NPR 209.27 million | NPR 121.70 million |
| Net Interest Income | NPR 377.17 million | NPR 544.38 million |
| Operating Profit | NPR 212.56 million | NPR 194.39 million |
| Distributable Profit | NPR 163.26 million | NPR 145.13 million |
| Earnings Per Share (EPS – Annualized) | NPR 28.55 | NPR 9.37 |
| Distributable EPS | NPR 22.26 | NPR 22.26 |
| Share Capital | NPR 733.06 million | NPR 641.61 million |
| Reserve and Surplus | NPR 1.03 billion | NPR 766.99 million |
Important Financial Ratios (As per NRB Guidelines)
| Ratio | Ashad 2082 | Ashad 2081 |
|---|---|---|
| Capital Fund to RWA | 11.19% | 11.10% |
| Loan Loss Provision to Total NPL | 94.97% | 105.47% |
| Non-Performing Loans (NPL) | 1.01% | 0.89% |
| Cost of Funds | 8.44% | 6.41% |
| Credit to Deposit & Borrowing Ratio | 181.91% | 174.69% |
| Interest Rate Spread | 7.86% | 6.25% |
Other Key Points
Asha Laghubitta has allocated profits to various reserves like general reserves, staff training, and client protection.
Interest rates on loans range from 15% (fixed) to 17.43% (adjustable).
Deposit interest rate is 9% (effective from 1st quarter 2082/83).
The report is prepared following the Nepal Financial Reporting Standards (NFRS).
The unaudited financial statement was published as per NRB regulations for transparency.
Conclusion
Asha Laghubitta has delivered a strong financial performance in FY 2081/82. With improved profits, sound asset management, and healthy financial ratios, the institution is in a solid position. This will be encouraging news for investors, depositors, and other stakeholders.
Report: Asha Laghubitta Bittiya Sanstha Ltd. Q4 Financial Report FY 2081/82
