Best Finance Company Ltd. · Quarterly report
BFC Q4 Financial Report — FY 2082/83
Best Finance Company Ltd. (BFC) posted a year-to-date net profit of Rs 6.98 Cr at the end of Q4 FY 2082/83, up 3258.8% from Rs 20.77 L a year earlier. Annualised EPS is Rs 7.84 against Rs 0.23 in Q4 FY 2081/82.
Q4 FY 2082/83 vs Q4 FY 2081/82
| Metric | Q4 2082/83 | Q4 2081/82 | Change |
|---|---|---|---|
| Paid Up Capital | 89.04 Cr | 89.04 Cr | +0.0% |
| Share Premium | 1.49 Cr | 1.49 Cr | +0.0% |
| Retained Earnings | -455,589,480 | -302,060,390 | -50.8% |
| Reserves | 55.71 Cr | 51.01 Cr | +9.2% |
| Total Equity | 1.01 Arb | 1.11 Arb | -9.6% |
| Total Assets | 7.51 Arb | 7.04 Arb | +6.7% |
| Deposits from Customers | 6.31 Arb | 5.71 Arb | +10.4% |
| Borrowings | 0 | 0 | — |
| Loans and Advances to BFIs | 0 | 0 | — |
| Loans and Advances to Customers | 4.18 Arb | 4.10 Arb | +2.0% |
| Investment Securities | 2.12 Arb | 1.82 Arb | +15.9% |
| Interest Income | 46.51 Cr | 56.38 Cr | -17.5% |
| Net Interest Income | 11.84 Cr | 13.98 Cr | -15.3% |
| Total Operating Income | 15.57 Cr | 20.44 Cr | -23.8% |
| Operating Profit | 9.91 Cr | -9,074,630 | +1191.6% |
| Net Profit | 6.98 Cr | 20.77 L | +3258.8% |
| Distributable Profit | -455,589,480 | -302,060,390 | -50.8% |
| Number of Shares | 89.04 L | 89.04 L | +0.0% |
| EPS Reported | 7.84 | 0.23 | +3308.7% |
| Book Value Reported | 113.08 | 125.04 | -9.6% |
| ROE Reported | 6.93% | 0.19% | +6.74 pp |
| CAR | 15.56% | 15.17% | +0.39 pp |
| NPL | 10.70% | 8.84% | +1.86 pp |
| Cost of funds | 4.91K | 6.71K | -26.8% |
| Credit To Deposit Ratio | 70.53% | 73.98% | -3.45 pp |
| Base Rate | 8.23% | 10.57% | -2.34 pp |
| Interest Spread Rate | 4.10% | 4.38% | -0.28 pp |
Amounts in Rs and year-to-date; ratios change in percentage points (pp). For NPL and cost of funds, lower is better.
BFC last 8 quarters
| Metric | Q1 2081/82 | Q2 2081/82 | Q3 2081/82 | Q4 2081/82 | Q1 2082/83 | Q2 2082/83 | Q3 2082/83 | Q4 2082/83 |
|---|---|---|---|---|---|---|---|---|
| Net profit | -8,641,880 | -17,262,760 | -75,201,730 | 20.77 L | -54,717,770 | 1.75 Cr | 5.88 Cr | 6.98 Cr |
| EPS | — | -3.88 | -11.26 | 0.23 | -24.58 | 3.93 | 8.80 | 7.84 |
| Net interest income | 4.09 Cr | 6.97 Cr | 7.19 Cr | 13.98 Cr | 3.22 Cr | 7.12 Cr | 10.36 Cr | 11.84 Cr |
| Revenue | 5.57 Cr | 9.50 Cr | 11.99 Cr | 20.44 Cr | 4.21 Cr | 9.10 Cr | 13.09 Cr | 15.57 Cr |
| Non-performing loans | 3.98% | 3.86% | 11.49% | 8.84% | 10.19% | 13.87% | 13.08% | 10.70% |