LLBS ( Laxmi Laghubitta Bittiya Sanstha Ltd. )
ISIN Number : NPE247A00004
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| Sell | Buy | |||||||
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| Code | Qty | Amt | Commission (Est) | Qty | Amt | Commission (Est) | Total Amount | Total Commission |
| --- | --- | --- | --- | --- | --- | रू 0 | रू 0 | |
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Condensed Consolidated Statement of Financial Position
| Particular | This Quarter 77/78 - 2nd Quarter | Previous Quarter 77/78 - 1st Quarter | Corresponding Previous Year Quarter 76/77 - 2nd Quarter |
|---|---|---|---|
| Cash and cash equivalent | 82,888,000 | 112,935,000 | 83,903,000 |
| Due from Nepal Rastra Bank | |||
| Placement with Bank and Financial Institutions | |||
| Derivative Financial Instruments | |||
| Other Trading Assets | |||
| Loan and advances to B/Fis | |||
| Loan and advances to Customers | |||
| Investment Securities | |||
| Current Tax Assets | |||
| Investment in Subsidiaries | |||
| Investment in Associates | |||
| Investment Property | |||
| Property and Equipment | |||
| Goodwill and Intangible assets | |||
| Deferred Tax Assets | |||
| Other Assets | 215,361,000 | 185,801,000 | 129,069,000 |
| Total Assets | 5,958,468,000 | 5,253,983,000 | 4,606,510,000 |
| Liabilities | |||
| Due to bank and Financial Institutions | |||
| Due to Nepal Rastra Bank | |||
| Derivative Financial Instrument | |||
| Deposit from Customers | 1,878,603,000 | 1,697,793,000 | 1,533,311,000 |
| Borrowings | |||
| Current Tax Liabilities | |||
| Provisions | |||
| Deferred Tax Liabilities | |||
| Other Liabilities | 189,248,000 | 158,568,000 | 149,150,000 |
| Debt securities issued | |||
| Subordinated Liabilities | |||
| Total Liabilities | 5,958,468,000 | 5,253,983,000 | 4,606,510,000 |
| Total Liabilities | 5,958,468,000 | 5,253,983,000 | 4,606,510,000 |
| Equity | |||
| Share Capital | 320,045,000 | 278,300,000 | 278,300,000 |
| Share Premium | |||
| Retained Earnings | |||
| Reserves | |||
| Total equity attributable to equity holders | |||
| Non-controlling interest | |||
| Total Equity | |||
| Total Liabilities and Equity | |||
Condensed Consolidated Statement of Profit or Loss
| Particular | This Quarter | Previous Quarter | Corresponding Previous Year Quarter |
|---|---|---|---|
| Interest Income | 377,157,000 | 189,301,000 | 3,149,803,000 |
| Interest Expense | |||
| Net interest Income | 223,936,000 | 112,227,000 | 182,229,000 |
| Fees and Commission Income | |||
| Fees and Commission Expense | |||
| Net fee and commission income | |||
| Net interest, fee and commission income | |||
| Net Trading income | |||
| Other Operating Income | 66,777,000 | 30,250,000 | |
| Total Operating Income | 290,713,000 | 142,478,000 | 235,983,000 |
| Impairment charge/(reversal) for loans and other losses | |||
| Net Operating Income | |||
| Loans and Other Losses | |||
| Operating Expenses | |||
| Personal Expense | |||
| Other Operating Expense | 19,812,000 | 9,267,000 | 19,437,000 |
| Depreciation and Amortization | |||
| Operating Profit | 142,119,000 | 43,973,000 | 111,129,000 |
| Non operating Income | 1,374,000 | 1,407,000 | |
| Non operating expenses | |||
| Profit before Income Tax | |||
| Income tax Expenses | |||
| Current Tax | |||
| Deferred Tax | |||
| Profit/(loss) for the period | 90,401,000 | 27,703,000 | 70,898,000 |
Condensed Consolidated Statement of Comprehensive Income
| Particular | This Quarter 77/78 - 2nd Quarter | Previous Quarter 77/78 - 1st Quarter | Corresponding Previous Year Quarter 76/77 - 2nd Quarter |
|---|---|---|---|
| Profit/(loss) for the period | 90,401,000 | 27,703,000 | 70,898,000 |
| Other Comprehensive Income | |||
| Total Comprehensive Income | |||
| Basic Earning per share | 56 | 40 | 51 |
| Diluted Earning per share | |||
| Profit attributable to: | |||
| Equity holders of the Bank | |||
| Non-controlling interests | |||
| Total | |||
| Statement of Distributable Profit and Loss | |||
| Net Profit for the Quarter ended | |||
| 1. Appropriations | |||
| 1.1 Profit required to be appropriated to statutory reserve | |||
| a. General Reserve | |||
| b. Capital Redemption Reserve | |||
| c. Exchange Fluctuation Fund | |||
| d. Corporate Social Responsibility Fund | |||
| e. Employees Training Fund | |||
| f. Other | |||
| 1.2 Profit required to be transferred to Regulatory Reserve | |||
| a. Transfer to Regulatory Reserve | |||
| b. Transfer from Regulator Reserve | |||
| Net Profit for quarter end available for distribution | |||
Ratios as per NRB Directives
| Particular | This Quarter 77/78 - 2nd Quarter | Previous Quarter 77/78 - 1st Quarter | Corresponding Previous Year Quarter 76/77 - 2nd Quarter |
|---|---|---|---|
| Capital fund to RWA | 10 | 11 | 12 |
| Non-Performing Loan (NPL) to Total loan | |||
| Total Loan Loss provision to Total NPL | |||
| Cost of Funds | |||
| Credit to Deposit Ratio | |||
| Base Rate | |||
| Interest Rate Spread | |||
| Net Interest income to total income | 77 | ||
| Non Interest Income to Operating Cost | 60 | ||
| Interest Expenses to Interest Income | 41 | ||
| Shareholder's Equity | 583,387,000,000 | ||
| Number of Outstanding Share | 3,200,450 | ||
| Net Worth Per Share | 182 | 198 | 189 |
| Earning Per share (EPS Annualized) | 56 | 40 | 51 |
| PE Ratio | 26 | 28 | 17 |
| Price to Book Ratio | 8 | ||
| Return on Equity (Closing Annualized) | 31 | ||
| Return on Asset | 3 | ||
| Market Price High-Low |
| Fiscal Year | Bonus Share | Cash Dividend | Total Dividend | Bonus Dist. Date | Right Share | Right Dist. Date | |
|---|---|---|---|---|---|---|---|
| 1 | 2076/2077 | 15 % | 8.16 % | 23.16 % | -- | -- | -- |
| 2 | 2075/2076 | 15 % | 11.32 % | 26.32 % | -- | -- | -- |
| 3 | 2074/2075 | -- | 26.32 % | 26.32 % | -- | -- | -- |
| 4 | 2073/2074 | 10 % | 16.32 % | 26.32 % | 2018-03-14 | -- | -- |
| 5 | 2072/2073 | -- | 21.05 % | 21.05 % | 2017-01-31 | -- | -- |
| 6 | 2071/2072 | 10 % | 0.53 % | 10.53 % | 2016-06-26 | 1:1 | Jan 01, 2017 |
| Registered Office | ||
|---|---|---|
| Head Office Location | : | Narayan Gopal Chowk |
| : | info@laxmilaghu.com.np | |
| Phone | : | 4016209 |
| Website | : | http://www.llbs.com.np/ |
| Registered At | : | |
| Share Registrar ( RTS ) | ||
|---|---|---|
| Name | : | Laxmi Capital Limited |
| Phone | : | 977-01-4780222 |
| Address | : | Madan Bhandari Road, Kathmandu 44600, Nepal. |
| Website | : | www.laxmicapital.com.np |
| Management | |
|---|---|
| Name | Designation |
| Prakash Raj Sharma | Chief Executive Officer |
| Jiwan Prakash Limbu | Chairman |
| Manohar Raj Uprety | Director |
| Amit Sharma | Member |
| Anita Upadhyay | Member |
| Ganesh Bhattarai | Member |
| Sabina Upadhyay | Representative: General Public |
| Bholaram Shrestha | Member Professional Director |
| Prakash Raj Sharma | Company Secretary |
Laxmi Laghubitta Bittiya Sanstha Ltd.
Laxmi Laghubitta Bittiya Sanstha Limited (LxLB), a microfinance subsidiary of Laxmi Bank Limited (a commercial bank of Nepal), is a national level microfinance institution licensed by Nepal Rastra Bank, the central bank of Nepal. It is the first microfinance institution to be registered as a subsidiary of a commercial bank in Nepal. Registered as a limited company on 30th November 2010, LxLB received operating license from central bank as "D" class (National Level) financial institution on 6th March 2012 to operate under Bank and Financial Institution Act 2003. It started formal microfinance operation from June 4, 2012 from its first branch office located in Battar, Nuwakot. As a professional microfinance institution, LxLB has developed customer friendly financial products and services and plans to reach large number of clients in un-served and underserved areas. It focuses on livelihood business, micro-enterprise and small and medium scale enterprises with an aim to benefit and empower the low income group of Nepal. The Program principle of LxLB includes: • Scaling up to achieve the goals of impact and sustainability; • Operating under market realities including charging a market based interest rate and full cost recovery; and • Regular monitoring and evaluation to improve program quality and measure the impact on clients. LxLB has its Head Office in Kathmandu, Nepal and provides microfinance services to low income group through its branch offices located in different parts of the country. Generally LxLB establishes branch network to market and sale its product and services through the branch offices. However, LxLB realize this traditional model of service delivery would not be sufficient and also would not bring scale fast enough. It intends to use technology to develop alternative distribution channel. It will use mobile microfinance banking (M-banking) to serve existing customer better and reach new customer.
