NUBL ( Nirdhan Utthan Laghubitta Bittiya Sanstha Limited )
ISIN Number : NPE082A00005
| 5 Days | --- |
|---|---|
| 1 Month | --- |
| 3 Months | --- |
| YTD | --- |
| 1 Year | --- |
| 5 Years |
| Sell | Buy | |||||||
|---|---|---|---|---|---|---|---|---|
| Code | Qty | Amt | Commission (Est) | Qty | Amt | Commission (Est) | Total Amount | Total Commission |
| --- | --- | --- | --- | --- | --- | रू 0 | रू 0 | |
| --- | --- | --- | --- | --- | --- | रू 0 | रू 0 | |
| --- | --- | --- | --- | --- | --- | रू 0 | रू 0 | |
| --- | --- | --- | --- | --- | --- | रू 0 | रू 0 | |
| --- | --- | --- | --- | --- | --- | रू 0 | रू 0 | |
| --- | --- | --- | --- | --- | --- | रू 0 | रू 0 | |
| --- | --- | --- | --- | --- | --- | रू 0 | रू 0 | |
| --- | --- | --- | --- | --- | --- | रू 0 | रू 0 | |
| --- | --- | --- | --- | --- | --- | रू 0 | रू 0 | |
| --- | --- | --- | --- | --- | --- | रू 0 | रू 0 | |
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 | 378,525,000 | 824,805,000 | 351,262,000 |
| 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 | 821,868,000 | 1,294,259,000 | |
| Total Assets | 26,586,554,000 | 24,870,667,000 | 24,799,649,000 |
| Liabilities | |||
| Due to bank and Financial Institutions | |||
| Due to Nepal Rastra Bank | |||
| Derivative Financial Instrument | |||
| Deposit from Customers | 14,708,563,000 | 14,000,797,000 | 12,320,447,000 |
| Borrowings | |||
| Current Tax Liabilities | |||
| Provisions | |||
| Deferred Tax Liabilities | |||
| Other Liabilities | 993,403,000 | 1,044,871,000 | 1,246,363,000 |
| Debt securities issued | |||
| Subordinated Liabilities | |||
| Total Liabilities | 26,586,554,000 | 24,870,667,000 | 24,799,649,000 |
| Total Liabilities | 26,586,554,000 | 24,870,667,000 | 24,799,649,000 |
| Equity | |||
| Share Capital | 1,500,000,000 | 1,500,000,000 | 1,500,000,000 |
| 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 | 1,689,003,000 | 772,047,000 | 1,733,487,000 |
| Interest Expense | |||
| Net interest Income | 1,039,856,000 | 438,259,000 | 902,110,000 |
| 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 | 260,260,000 | 66,376,000 | 254,804,000 |
| Total Operating Income | 1,309,715,000 | 506,828,000 | 1,166,897,000 |
| Impairment charge/(reversal) for loans and other losses | |||
| Net Operating Income | |||
| Loans and Other Losses | |||
| Operating Expenses | |||
| Personal Expense | |||
| Other Operating Expense | 60,978,000 | 69,061,000 | 66,168,000 |
| Depreciation and Amortization | |||
| Operating Profit | 90,772,000 | -279,289,000 | 639,843,000 |
| Non operating Income | 11 | 1,706,000 | |
| Non operating expenses | |||
| Profit before Income Tax | |||
| Income tax Expenses | |||
| Current Tax | |||
| Deferred Tax | |||
| Profit/(loss) for the period | 57,193,000 | -279,289,000 | 404,176,000 |
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 | 57,193,000 | -279,289,000 | 404,176,000 |
| Other Comprehensive Income | |||
| Total Comprehensive Income | |||
| Basic Earning per share | 8 | 19 | 54 |
| 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 | 11 | 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 | 79 | ||
| Non Interest Income to Operating Cost | 66 | ||
| Interest Expenses to Interest Income | 38 | ||
| Shareholder's Equity | 4,389,304,000,000 | ||
| Number of Outstanding Share | 15,000,000 | ||
| Net Worth Per Share | 293 | 252 | 201 |
| Earning Per share (EPS Annualized) | 8 | 19 | 54 |
| PE Ratio | 176 | 17 | |
| Price to Book Ratio | 5 | ||
| Return on Equity (Closing Annualized) | 3 | ||
| Return on Asset | 0 | ||
| Market Price High-Low |
| Fiscal Year | Bonus Share | Cash Dividend | Total Dividend | Bonus Dist. Date | Right Share | Right Dist. Date | |
|---|---|---|---|---|---|---|---|
| 1 | 2076/2077 | 13 % | 0.68 % | 13.68 % | -- | -- | -- |
| 2 | 2075/2076 | 25 % | 15.53 % | 40.53 % | 2019-12-15 | -- | -- |
| 3 | 2074/2075 | 20 % | 22.11 % | 42.11 % | -- | -- | -- |
| 4 | 2073/2074 | 66.67 % | 14.04 % | 80.71 % | -- | -- | -- |
| 5 | 2072/2073 | 20 % | 11.58 % | 31.58 % | 2017-01-12 | -- | -- |
| 6 | 2071/2072 | 48.81 % | 13.1 % | 61.91 % | 2016-01-27 | -- | -- |
| Registered Office | ||
|---|---|---|
| Head Office Location | : | Bhagvatibahal, Naxal |
| : | info@nirdhan.com | |
| Phone | : | 4413711 |
| Website | : | https://www.nirdhan.com.np/ |
| Registered At | : | |
| Share Registrar ( RTS ) | ||
|---|---|---|
| Name | : | NIBL Ace Capital Limited |
| : | info@niblcapital.com | |
| Phone | : | 1-4005157, 1-4425280 |
| Address | : | Lazimpat Kathmandu, Nepal |
| Website | : | https://niblcapital.com |
| Management | |
|---|---|
| Name | Designation |
| Mr. Janardan Dev Pant | Chief Executive Officer |
| Mr. Ganesh Bahadur Thapa | Chairperson |
| Mr. Top Bahadur Rayamajhi | Director, Representing, General Public |
| Mr. Rajendra Bahadur Malla | Director, Representing Nabil Bank. |
| Mr. Girish Kohli | Director, Representing Everest Bank Ltd. |
| Mr. Devendra Bahadur Raut | Director, Representing Promotor |
| Ms Samrita Tiwari | Director, Representing General Public |
| Saradnithi Tiwari | Director, Independent Director |
Nirdhan Utthan Laghubitta Bittiya Sanstha Limited
Nirdhan Utthan, “the laghubitta bitiya sanstha for upliftment of the poor” is a microfinance established in November 1998 under Company Act of Nepal 1997 (now Company Act 2006). Nepal Rastra Bank, the Central Bank of Nepal, granted a license in April 1999 to undertake banking activities under the Development Bank Act 1996. It started its formal operation from July 1999. Now, operated under Bank and Financial Institutions Act 2006, Nirdhan Utthan provides microfinance services such as Loans, Deposits, Micro-insurance and Remittance services to low income families of Nepal. NULBSL follows group lending based on Grameen Bank, Bangladesh model as well as group lending based on NULBSL developed Self-Relaint Group model through a network of 178 branch offices spread over all 77 districts of Nepal.
Though, legally established as a company in 1998, the operation of NUBL is a continuation of microfinance services provided by an NGO called “NIRDHAN” which was providing microfinance services since March 1993. The story behind the establishment of “NIRDHAN” starts from 1986 when Late Dr. Harihar Dev Pant, then senior officer with the Central Bank of Nepal visited Grameen Bank in Bangladesh. This visit inspired him to launch microfinance program in Nepal resulting the birth of “NIRDHAN” or “People Without Money” in 1991. NIRDHAN began its microfinance operations in March 1993.
NIRDHAN, as an NGO had a limited recourses and capacity to satisfy unmet demand of poor people in different part of the country. This resulted the establishment of NUBL as a Company where NIRDHAN NGO became a lead promoter of the bank. In July 1999, NIRDHAN transferred all microfinance operations to NUBL. Strategic reasons for promoting NUBL are:
Banks are supervised and regulated by the Central Bank, which will enforce banking standards;
A bank can have access to different sources of funding enabling it to satisfy financial need of low income households;
The bank can lend to a wider range of clients, including group graduates interested to receive individual loans. Further, a bank can accept collateral for potentially larger and diverse loan products.
