Mega Bank Nepal Ltd. · Quarterly report
MEGA Q1 Financial Report — FY 2079/80
Mega Bank Nepal Ltd. (MEGA) posted a year-to-date net profit of Rs 50.92 Cr at the end of Q1 FY 2079/80, down 44.3% from Rs 91.47 Cr a year earlier.
Q1 FY 2079/80 vs Q1 FY 2078/79
| Metric | Q1 2079/80 | Q1 2078/79 | Change |
|---|---|---|---|
| Paid Up Capital | 16.12 Arb | 14.65 Arb | +10.0% |
| Share Premium | 20.78 Cr | 30.64 Cr | -32.2% |
| Retained Earnings | 1.14 Arb | 2.60 Arb | -56.3% |
| Reserves | 4.40 Arb | 3.69 Arb | +19.4% |
| Total Equity | 21.86 Arb | 21.25 Arb | +2.9% |
| Total Assets | 217.12 Arb | 188.84 Arb | +15.0% |
| Deposits from Customers | 155.16 Arb | 142.32 Arb | +9.0% |
| Borrowings | 10.84 Arb | 7.23 Arb | +50.1% |
| Loans and Advances to BFIs | 2.58 Arb | 2.65 Arb | -2.7% |
| Loans and Advances to Customers | 149.23 Arb | 141.86 Arb | +5.2% |
| Investment Securities | 32.08 Arb | 17.49 Arb | +83.4% |
| Interest Income | 5.60 Arb | 3.55 Arb | +57.8% |
| Net Interest Income | 1.80 Arb | 1.52 Arb | +18.6% |
| Total Operating Income | 2.04 Arb | 1.89 Arb | +7.6% |
| Operating Profit | 70.60 Cr | 1.31 Arb | -46.0% |
| Net Profit | 50.92 Cr | 91.47 Cr | -44.3% |
| Distributable Profit | 1.14 Arb | 2.60 Arb | -56.3% |
| Number of Shares | 16.12 Cr | 14.65 Cr | +10.0% |
| EPS(Rs.) | 12.63 | 24.97 | -49.4% |
| Book Value(Rs.) | 135.63 | 144.99 | -6.5% |
| ROE | 9.32% | 17.22% | -7.90 pp |
| CAR | 11.26% | 12.76% | -1.50 pp |
| NPL | 2.55% | 0.89% | +1.66 pp |
| Cost of funds | 8.27K | 4.96K | +66.7% |
| Credit To Deposit Ratio | 88.41% | 91.21% | -2.80 pp |
| Base Rate | 10.84% | 9.81% | +1.03 pp |
| Interest Spread Rate | 4.05% | 3.48% | +0.57 pp |
Amounts in Rs and year-to-date; ratios change in percentage points (pp). For NPL and cost of funds, lower is better.
MEGA last 7 quarters
| Metric | Q4 2068/69 | Q4 2069/70 | Q1 2078/79 | Q2 2078/79 | Q3 2078/79 | Q4 2078/79 | Q1 2079/80 |
|---|---|---|---|---|---|---|---|
| Net profit | — | — | 91.47 Cr | 1.40 Arb | 2.01 Arb | 2.83 Arb | 50.92 Cr |
| Net interest income | — | — | 1.52 Arb | 2.64 Arb | 3.96 Arb | 5.91 Arb | 1.80 Arb |
| Revenue | — | — | 1.89 Arb | 3.30 Arb | 4.80 Arb | 6.90 Arb | 2.04 Arb |
| Non-performing loans | — | — | 0.89% | 1.05% | 0.72% | 0.74% | 2.55% |
| Return on equity | — | — | 17.22% | 13.05% | 12.19% | 12.33% | 9.32% |