Till date, 14 microfinance companies has published their Q2 report in which Mero Microfinance earned the highest i.e. Rs 82 million in net profit while Kisan Microfinance earned the lowest net profit of Rs 7.3 million. The average net profit earned by these 14 microfinance companies is Rs 40.5 million.
Paid-up Capital and Reserve Fund: Out of those 14 companies, Mero Microfinance has the highest paid-up capital and Aarambha Microfinance has the lowest paid-up capital. Mero Microfinance has paid-up capital of Rs 588.1 million and reserve fund of Rs 268 million. Meanwhile, Aarambha has Rs 64.4 million in paid-up capital and reserve fund of Rs 17.3 million.
Deposits and loans: Laxmi Laghubitta has collected the highest deposit in Q2. The company collected deposit of Rs 1.53 billion and extended loans of Rs 4.32 billion. Similarly, First Microfinance logged the highest loan extensions of Rs 5.84 billion. Meanwhile, Aarambha Microfinance logged the lowest deposit collections and loan extension of Rs 183.9 million and Rs 616 million respectively.
Net Interest Income and Operating Profit: Mero Microfinance is leading other 13 microfinance companies in both indicators. Mero Microfinance earned Rs 241.9 million in net interest income and Rs 314.1 million in operating profit. Similarly, Aarambha Microfinance earned Rs 23.9 million in net interest income and Rs 34.1 in operating profit.
EPS and P/E ratio: Out of 14 microfinance companies, Global IME Laghubitta has the highest EPS of Rs 60.64 and Kisan Microfinance has the lowest EPS of Rs 6.92.
Based on the last traded price on January 27, Mirmire Microfinance has the lowest P/E ratio of 14.54 times and Kisan Microfinance has the highest P/E ratio of 96.77 times.
Non-performing loans: in the second quarter, Kisan Microfinance has the highest non-performing loan of 4.60 percent. Meanwhile, Ganapati Microfinance has the lowest non-performing loans.
