The bad debt ratio which was 8.31 percent in the previous FY, 16.83 percent in the third quarter of the last FY has reduced to 1.69 percent in the final quarter of the last FY. During the period, the company recovered Rs 190 million non-performing loan. Still, the company has maintained Rs 130 million in a provision for possible losses.
Janaki Finance with a paid-up capital of Rs 403.3 million has kept Rs 280.4 million in reserve fund. In the review period, the company collected a deposit of Rs 1.65 billion and extended loan of Rs 1.59 billion.
In the review period, the company earned a net profit of Rs 133.8 million which is nearly 30 percent growth than the previous FY.
The company has EPS of Rs 33.19, P/E ratio of 4.82 and net worth per share of Rs 169.53.
