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Industry Analysis of Finance Companies : Ashwin 2081

Published: 11 November, 2024 | By: Tathyanka Admin

Industry Analysis of Finance Companies : Ashwin 2081

Based on the financial report of 15 Nepalese Finance Companies has been released for Q1, 2081/82. The report seems to be the mix of better, bitter and impressive performance by the Finance Companies. In this article, we shall be looking into major financial highlights, performance indicators and major ratios of Finance Companies of Nepal based on their Q1 reports. 

 

Performance Analysis of Finance Companies- Ashwin 2081

Analysis - 1 : Loans and Advances

What does Loans and Advances mean to Finance Company?

Loans and Advance is the Balance Sheet items classified under Assets side of the Finance Company’s Balance Sheets. Loans and Advances includes Loans provided to normal customers by the Finance Company as well as institutional loans provided by Finance Company to BFIs

Loans and Advances Performance Analysis:

Quarter-on-Quarter average growth of Loans and Advances of Finance Companies grew by 0.79% on Ashwin 2081. Most of the Finance Companies managed to increase their credit portfolio. During the review period all Finance Companies except Manju Shree, ICFC, Reliance, Shree Investment, Progressive Finance Best Finance and Nepal Finance ltd have decrease their credit portfolio as compared to Ashadh 2081. Manjushree Finance Ltd. leads the chart with highest credit portfolio of Rs. 17.06 Billion whose credit portfolio increased by 10.315% as compared to earlier quarter. ICFC Finance Ltd is second in the list with Rs.15.45 Billion credit portfolio up by 4.34% from previous quarter followed by Goodwill Finance Ltd with Rs.8.36 Billion.  Most significant credit growth was done by Nepal Finance Ltd with 34.30% Q-o-Q growth. Janaki Finance remained sluggish in terms of credit growth with portfolio size of Rs. 3.16 Billion down by 14.59% as compared to Ashadh 2081.

 

Rs. in Billion

Bank

Ashadh 2081

Ashwin 2081

Change (Rs. in Bn)

Change (%)

Ranking

Manju

                15.47

               17.06

                            1.59

10.31%

1

ICFC

                14.81

               15.45

                            0.64

4.34%

2

Goodwill

                  8.93

                  8.36

                          (0.57)

-6.39%

3

Pokhara

                  8.90

                  7.98

                          (0.92)

-10.33%

4

GURKHAFC

                  7.38

                  7.02

                          (0.36)

-4.84%

5

Reliance

                  6.43

                  6.38

                          (0.05)

-0.74%

6

GMBFL

                  6.01

                  5.53

                          (0.48)

-7.91%

8

Shree

                  5.63

                  6.33

                            0.70

12.45%

7

Central

                  5.19

                  4.86

                          (0.33)

-6.41%

9

Progressive

                  4.52

                  4.64

                            0.12

2.72%

10

BestFC

                  4.05

                  4.32

                            0.27

6.64%

11

Janaki

                  3.70

                  3.16

                          (0.54)

-14.59%

12

NFL

                  1.97

                  2.65

                            0.68

34.30%

13

Samriddhi

                  1.74

                  1.65

                          (0.09)

-4.91%

14

Multi

                  1.46

                  1.54

                            0.08

5.44%

15

Average industry

                 6.41

                 6.46

                           0.05

0.79%

 

 

 

Created with Highcharts 11.4.8Finance CompaniesLoans and Advances(Rs. in Billion)Percentage Change (%)Loans and Advances Performance Analysis15.47​15.4714.81​14.818.93​8.938.9​8.97.38​7.386.43​6.436.01​6.015.63​5.635.19​5.194.52​4.524.05​4.053.7​3.71.97​1.971.74​1.741.46​1.4617.06​17.0615.45​15.458.36​8.367.98​7.987.02​7.026.38​6.385.53​5.536.33​6.334.86​4.864.64​4.644.32​4.323.16​3.162.65​2.651.65​1.651.54​1.541.59​1.590.64​0.64-0.57​-0.57-0.92​-0.92-0.36​-0.36-0.05​-0.05-0.48​-0.480.7​0.7-0.33​-0.330.12​0.120.275​0.275-0.548​-0.5480.68​0.68-0.09​-0.090.08​0.086.41​6.416.41​6.416.41​6.416.41​6.416.41​6.416.41​6.416.41​6.416.41​6.416.41​6.416.41​6.416.41​6.416.41​6.416.41​6.416.41​6.416.41​6.416.46​6.466.46​6.466.46​6.466.46​6.466.46​6.466.46​6.466.46​6.466.46​6.466.46​6.466.46​6.466.46​6.466.46​6.466.46​6.466.46​6.466.46​6.4610.31​10.314.34​4.34-6.39​-6.39-10.33​-10.33-4.84​-4.84-0.74​-0.74-7.91​-7.9112.45​12.45-6.41​-6.412.72​2.726.64​6.64-14.59​-14.5934.3​34.3-4.91​-4.915.44​5.44Ashadh 2081Ashwin 2081Change (Rs. in Billion)Average (Ashadh 2081)Average (Ashwin 2081)Percentage Change (%)ManjuICFCGoodwillPokharaGURKHAFCRelianceGMBFLShreeCentralProgressiveBestFCJanakiNFLSamriddhiMulti-6061218-40-2002040Highcharts.com

 

Analysis - 2 : Deposits

What does Deposit mean to Finance Company?

Deposits if the total fund collected by the Finance Company from its customers. Deposit is shown in liability side of Finance Company’s Balance Sheet which consists of “Due to Bank and Financial Institutions” and “Deposit from Customers”. Finance Companies normally collect deposit in a form of Fixed, Saving, Current, Call, Margin, Recurring accounts.
 

Deposit Performance Analysis:

All the Finance Companies except Goodwill Finance and Pokhara Finance managed to increase their Deposit Volume during the review period. Overall deposits of Finance Companies grew by 4.2% on an average during the review period. Manju Shree Finance’s deposit portfolio remained highest at Rs.20.91 Billion followed by ICFC at Rs.18.64 Billion.  In terms of Q-o-Q growth Multi-Purpose Finance Ltd’s deposit grew by 22.91% and remained at Rs.2.3 Billion, followed by Manjushree Finance Ltd. 11.35% increment. Lowest Deposit is being held by Multipurpose Finance Co. at Rs.2.30 Billion as on Ashwin end

 

Rs. in Billion

Bank

Ashadh 2081

Ashwin 2081

Change (Rs. in Bn)

Change (%)

Ranking

Manju

18.78

               20.91

                            2.13

11.35%

1

ICFC

17.62

               18.64

                            1.02

5.76%

2

Goodwill

13.21

               12.84

                          (0.37)

-2.82%

3

Pokhara

12.66

               12.42

                          (0.24)

-1.92%

4

GURKHAFC

9.71

                  9.78

                            0.07

0.77%

5

GMBFL

8.23

                  8.63

                            0.40

4.86%

6

Reliance

8.33

                  8.43

                            0.10

1.20%

7

Shree

7.7

                  7.81

                            0.11

1.49%

8

Central

7.42

                  7.70

                            0.28

3.81%

9

Progressive

6.48

                  7.05

                            0.57

8.87%

10

BestFC

5.46

                  5.52

                            0.06

1.13%

11

Janaki

4.1

                  4.44

                            0.34

8.30%

12

NFL

2.79

                  3.05

                            0.26

9.35%

13

Samriddhi

2.46

                  2.61

                            0.15

6.12%

14

Multi

1.87

                  2.30

                            0.43

22.91%

15

Average industry

                 8.45

                 8.81

                           0.35

4.20%

 

 

Created with Highcharts 11.4.8Finance CompaniesDeposit (Rs. in Billion)Percentage Change (%)Deposit Performance Analysis18.78​18.7817.62​17.6213.21​13.2112.66​12.669.71​9.718.23​8.238.33​8.337.7​7.77.42​7.426.48​6.485.46​5.464.1​4.12.79​2.792.46​2.461.87​1.8720.91​20.9118.64​18.6412.84​12.8412.42​12.429.78​9.788.63​8.638.43​8.437.81​7.817.7​7.77.05​7.055.52​5.524.44​4.443.05​3.052.61​2.612.3​2.32.13​2.131.02​1.02-0.37​-0.37-0.24​-0.240.07​0.070.4​0.40.01​0.010.11​0.110.28​0.280.57​0.570.06​0.060.34​0.340.26​0.260.15​0.150.43​0.438.45​8.458.45​8.458.45​8.458.45​8.458.45​8.458.45​8.458.45​8.458.45​8.458.45​8.458.45​8.458.45​8.458.45​8.458.45​8.458.45​8.458.45​8.458.81​8.818.81​8.818.81​8.818.81​8.818.81​8.818.81​8.818.81​8.818.81​8.818.81​8.818.81​8.818.81​8.818.81​8.818.81​8.818.81​8.818.81​8.8111.35​11.355.76​5.76-2.82​-2.82-1.92​-1.920.77​0.774.86​4.861.2​1.21.49​1.493.81​3.818.87​8.871.13​1.138.3​8.39.35​9.356.12​6.1222.91​22.91Aashadh 2081Ashwin 2081Change (Rs. in Billion)Average (Ashadh 2081)Average (Ashwin 2081)Percentage Change (%)ManjuICFCGoodwillPokharaGURKHAFCGMBFLRelianceShreeCentralProgressiveBestFCJanakiNFLSamriddhiMulti-8081624-100102030Highcharts.com

 

Analysis - 3 : Net Interest Income (NII)

 

What does Net Interest Income (NII) mean to Finance Company?

Interest Income is recognized on interest bearing advances and financial assets whose income is booked to statement of profit or loss under interest income, whereas Interest Expenses is booked on interest bearing deposits or financial liabilities whose expenses is booked in statement of profit or loss under interest expenses. The net difference between these income and expenses is referred as Net Interest Income (NII).

Net Interest Income (NII) Performance Analysis:

NII being the major source of Company’s revenue is a primary area to focus for Finance Companies. NII of 6 Finance Companies shows negative growth whereas of 9 finance companies managed to increase their NII as on Ashwin 2081 as compared to Ashadh 2081. Leading the NII in terms of highest volume is Manjushree Finance Ltd with NII of Rs.237.01 Million followed by ICFC Finance  with Rs.143.26 Million. With Y-o-Y growth of Manjushree finance being 25.06% and ICFC being 22.58%. In terms of highest Y-O-Y growth Progressive Finance remained at top with increase in NII by 295.98% from Rs.12.79 Million to Rs.50.65 Million. In terms of lowest Y-o-Y growth, Reliance Finance’s NII fell by 31.72% followed by Guheshowori Merchant Finance Company fall of 17.61%. In terms of amount, lowest NII was reported by Samriddhi Finance of Rs.19.57 Million. Industry Average NII growth by Rs.7.49 Billion.    

                                                                 

Rs. in Million

Bank

Ashwin 2080

Ashwin 2081

Change (Rs. in Mil)

Change (%)

Ranking

Manju

             189.51

             237.01

                           47.50

25.06%

1

ICFC

             116.87

             143.26

                           26.39

22.58%

2

Shree

               56.90

               82.80

                           25.90

45.53%

3

GURKHAFC

               93.70

               81.61

                         (12.09)

-12.90%

4

Goodwill

               71.90

               75.20

                             3.30

4.59%

5

Pokhara

               84.68

               74.82

                           (9.86)

-11.64%

6

Central

               63.74

               55.33

                           (8.41)

-13.19%

7

Progressive

               12.79

               50.65

                           37.86

295.98%

8

Janaki

               51.08

               49.34

                           (1.74)

-3.40%

9

GMBFL

               49.75

               40.99

                           (8.76)

-17.61%

10

BestFC

               31.33

               40.87

                             9.54

30.45%

11

Reliance

               50.50

               34.48

                         (16.02)

-31.72%

12

NFL

               15.29

               29.05

                           13.76

90.00%

13

Multi

               19.51

               23.12

                             3.61

18.51%

14

Samriddhi

               18.22

               19.57

                             1.35

7.38%

15

Average industry

              61.72

              69.21

                            7.49

12.14%

 

 

 

Created with Highcharts 11.4.8Finance CompaniesNet Interest Income (NII) (Rs. in Million)Percentage Change (%)Net Interest Income (NII) Performance Analysis189.51​189.51116.87​116.8756.9​56.993.7​93.771.9​71.984.68​84.6863.74​63.7412.79​12.7951.08​51.0849.75​49.7531.33​31.3350.5​50.515.29​15.2919.51​19.5118.22​18.22237.01​237.01143.26​143.2682.8​82.881.61​81.6175.2​75.274.82​74.8255.33​55.3350.65​50.6549.34​49.3440.99​40.9940.87​40.8734.48​34.4829.05​29.0523.12​23.1219.57​19.5747.5​47.526.39​26.3925.9​25.9-12.09​-12.093.3​3.3-9.86​-9.86-8.41​-8.4137.86​37.86-1.74​-1.74-8.76​-8.769.54​9.54-16.02​-16.0213.76​13.763.61​3.611.35​1.3561.72​61.7261.72​61.7261.72​61.7261.72​61.7261.72​61.7261.72​61.7261.72​61.7261.72​61.7261.72​61.7261.72​61.7261.72​61.7261.72​61.7261.72​61.7261.72​61.7261.72​61.7269.21​69.2169.21​69.2169.21​69.2169.21​69.2169.21​69.2169.21​69.2169.21​69.2169.21​69.2169.21​69.2169.21​69.2169.21​69.2169.21​69.2169.21​69.2169.21​69.2169.21​69.2125.06​25.0622.58​22.5845.53​45.53-12.9​-12.94.59​4.59-11.64​-11.64-13.19​-13.19295.98​295.98-3.4​-3.4-17.61​-17.6130.45​30.45-31.72​-31.7290​9018.51​18.517.38​7.38Ashwin 2080Ashwin 2081Change (Rs. in Million)Average (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)ManjuICFCShreeGURKHAFCGoodwillPokharaCentralProgressiveJanakiGMBFLBestFCRelianceNFLMultiSamriddhi-1000100200300-1200120240360Highcharts.com

 

Analysis - 4 : Net Fee and Commission Income (NFCI)

 

What does Net Fee and Commission Income (NFCI) mean to Banks?

Net Fees and Commission Income is supplementary source of revenue in addition to Net Interest Income of the Finance Company consisting of charges, fees or commission on products or services offered by the Finance Company. Finance Company’s normally collect loan administration fees, renewal fees, digital banking fees, card issuance fees, remittance commission among others.

 Net Fees and Commission Income Performance Analysis:

During the review period Manjushree Finance managed to collect highest NFCI of Rs. 39.55 Million up by 75.39% as compared to earlier year followed by ICFC Finance with NFCI of Rs.26.73 Million up by 12.75% as compared to earlier year. Samriddhi Finance Ltd’s NFCI increased by hefty 268.71% during review period. 5 Finance companies have encountered negative growth on NFCI. Among them highest downfall was reported by Pokhara Finance with 68.30%. In terms of lowest NFCI, Janaki Finance collected only Rs.0.17 Million from NFCI. Average industrial growth of NFCI for Finance Companies remained at 34.77% during the review period.

 

Rs. in Million

Bank

Ashwin 2080

Ashwin 2081

Change (Rs. in Mil)

Change (%)

Ranking

Manju

               22.55

               39.55

                           17.00

75.39%

1

ICFC

               23.71

               26.73

                             3.02

12.75%

2

Shree

                  7.34

               12.19

                             4.85

66.07%

3

Reliance

                  6.76

               10.28

                             3.52

52.06%

4

Goodwill

               10.15

                  9.86

                           (0.29)

-2.84%

5

GURKHAFC

               11.08

                  9.05

                           (2.03)

-18.35%

6

BestFC

                  4.79

                  8.37

                             3.58

74.81%

7

GMBFL

                  3.69

                  7.75

                             4.06

110.14%

8

Central

                  4.02

                  5.88

                             1.86

46.24%

9

NFL

                  2.42

                  3.83

                             1.41

58.44%

10

Multi

                  1.91

                  3.59

                             1.68

87.98%

11

Samriddhi

                  0.70

                  2.58

                             1.88

268.71%

12

Pokhara

                  5.68

                  1.80

                           (3.88)

-68.30%

13

Progressive

                  0.25

                  0.18

                           (0.07)

-28.26%

14

Janaki

                  0.18

                  0.17

                           (0.01)

-7.61%

15

Average industry

                 7.02

                 9.45

                            2.44

34.77%

 

 

 

Created with Highcharts 11.4.8Finance CompaniesNet Fees and Commission Income ​(Rs. in Million)Percentage Change (%)Net Fees and Commission Income Performance Analysis22.55​22.5523.71​23.717.34​7.346.76​6.7610.15​10.1511.08​11.084.79​4.793.69​3.694.02​4.022.42​2.421.91​1.910.7​0.75.68​5.680.25​0.250.18​0.1839.55​39.5526.73​26.7312.19​12.1910.28​10.289.86​9.869.05​9.058.37​8.377.75​7.755.88​5.883.83​3.833.59​3.592.58​2.581.8​1.80.18​0.180.17​0.1717​173.02​3.024.85​4.853.52​3.52-0.29​-0.29-2.03​-2.033.58​3.584.06​4.061.86​1.861.42​1.421.68​1.681.88​1.88-3.88​-3.88-0.07​-0.07-0.01​-0.017.02​7.027.02​7.027.02​7.027.02​7.027.02​7.027.02​7.027.02​7.027.02​7.027.02​7.027.02​7.027.02​7.027.02​7.027.02​7.027.02​7.027.02​7.029.45​9.459.45​9.459.45​9.459.45​9.459.45​9.459.45​9.459.45​9.459.45​9.459.45​9.459.45​9.459.45​9.459.45​9.459.45​9.459.45​9.459.45​9.4575.39​75.3912.75​12.7566.07​66.0752.06​52.06-2.84​-2.84-18.35​-18.3574.81​74.81110.14​110.1446.24​46.2458.44​58.4487.98​87.98268.71​268.71-68.3​-68.3-28.26​-28.26-7.61​-7.61Ashwin 2080Ashwin 2081Change (Rs. in Million)Average (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)ManjuICFCShreeRelianceGoodwillGURKHAFCBestFCGMBFLCentralNFLMultiSamriddhiPokharaProgressiveJanaki-150153045-1000100200300Highcharts.com

 

Analysis - 5 : Impairment Charges

 

What does Impairment Charges mean to Finance Company?

Impairment Charges are charges recognized as expenses by Finance Companies when Bank expects that they will not recover full amount of expected cash flows of loans. Impairment Charges are reversed if the expected cash flows are lateral realized. Finance Companies try to minimize their Impairment Charges to increase their profitability through stronger recovery actions.

Impairment Charges Performance Analysis:  

Impairment charges of overall industry decreased by 37.13% on average on Ashwin 2081 as compared to Ashwin 2080. Impairment Charges of Reliance Finance increased by hefty Rs.132.70 Million and Samriddhi Finance Company increased by Rs.16.33 Million i.e. by 299% as compared to Ashwin 2080. Goodwill Finance Company has the second lowest impairment charges whose impairment charges decreased by 196.19% as on Ashadh 2081. Guheswori Finance Company has the highest impairment charges of Rs.117.70 Million followed by Pokhara Finance Company with Rs.97.67 Million of impairment charges. Highest Q-on-Q growth on impairment charges was reported by Samriddhi Finance with massive 299% increment and lowest impairment reported by Progressive Finance with reversal of 118.32 Million.

 

 Rs. in MIllion

Bank

Ashwin 2080

Ashwin 2081

Change

Change (%)

Ranking

GMBFL

               68.38

             117.70

                           49.32

72.13%

1

Pokhara

             116.07

               97.67

                         (18.40)

-15.85%

2

Shree

               34.01

               58.76

                           24.75

72.76%

3

ICFC

               58.49

               58.62

                             0.13

0.22%

4

Reliance

             (78.04)

               54.66

                         132.70

170.04%

5

BestFC

               41.21

               29.60

                         (11.61)

-28.16%

6

NFL

                  9.77

               28.84

                           19.07

195.22%

7

Manju

                  9.45

               24.31

                           14.86

157.25%

8

Samriddhi

                  5.46

               21.79

                           16.33

299.08%

9

GURKHAFC

             (18.51)

               18.99

                           37.50

202.57%

10

Multi

                  4.52

                  9.87

                             5.35

118.45%

11

Goodwill

               81.27

               (9.74)

                         (91.01)

-111.99%

12

Central

               53.36

             (22.21)

                         (75.57)

-141.62%

13

Janaki

               43.65

             (77.19)

                      (120.84)

-276.83%

14

Progressive

               37.48

           (118.32)

                      (155.80)

-415.69%

15

Average industry

              31.10

              19.56

                       (11.55)

-37.13%

 

 

 

Created with Highcharts 11.4.8Finance CompaniesImpairment Charges (Rs. in Million)Percentage Change (%)Impairment Charges Performance Analysis68.38​68.38116.07​116.0734.01​34.0158.49​58.49-78.04​-78.0441.21​41.219.77​9.779.45​9.455.46​5.46-18.51​-18.514.52​4.5281.27​81.2753.36​53.3643.65​43.6537.48​37.48117.7​117.797.67​97.6758.75​58.7558.62​58.6254.66​54.6629.6​29.628.84​28.8424.31​24.3121.79​21.7918.99​18.999.87​9.87-9.74​-9.74-22.21​-22.21-77.19​-77.19-118.32​-118.3249.32​49.32-18.4​-18.424.7469159​24.74691590.13​0.13132.7​132.7-11.61​-11.6119.07​19.0714.86​14.8616.33​16.3337.5​37.55.35​5.35-91.01​-91.01-75.57​-75.57-120.84​-120.84-155.8​-155.831.1​31.131.1​31.131.1​31.131.1​31.131.1​31.131.1​31.131.1​31.131.1​31.131.1​31.131.1​31.131.1​31.131.1​31.131.1​31.131.1​31.131.1​31.119.56​19.5619.56​19.5619.56​19.5619.56​19.5619.56​19.5619.56​19.5619.56​19.5619.56​19.5619.56​19.5619.56​19.5619.56​19.5619.56​19.5619.56​19.5619.56​19.5619.56​19.5672.13​72.13-15.85​-15.8572.76​72.760.22​0.22170.04​170.04-28.16​-28.16195.22​195.22157.25​157.25299.08​299.08202.57​202.57118.45​118.45-111.99​-111.99-141.62​-141.62-276.83​-276.83-415.69​-415.69Ashwin 2080Ashwin 2081Change (Rs. in Million)Average (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)GMBFLPokharaShreeICFCRelianceBestFCNFLManjuSamriddhiGURKHAFCMultiGoodwillCentralJanakiProgressive-200-1000100200-500-2500250500Highcharts.com

 

 

Analysis - 6 : Personnel Expenses (Excluding Bonus)

 

 What does Personnel Expenses mean to Finance Company?

Personnel expenses includes expenses related to employees of the Finance Company. Personnel Expenses mostly include staff’s salary, allowances, pension, gratuity, contribution to provident fund, training expenses, uniform expenses, insurance, staff bonus, finance expense under NFRS etc. Banks are required to create provision for staff bonus which is a mandatory requirement under the requirement of the Bonus Act, 2074. Amount of bonus is not included here under analysis.

 Personnel Expenses (Excluding Bonus) Performance Analysis:

Multipurpose Finance Company seems to have well managed its Personnel expenses with lowest Personal Expenses excluding bonuses as on Ashwin 2081 of Rs.7.95 Million followed by Samriddhi Finance Company with Rs.16.43 Million. Highest personnel expense was reported by Manjushree Finance with Rs.74.57 Million followed by ICFC with Rs.56.84 Million. In terms of highest Y-o-Y growth, Progressive Finance Company’s personnel expenses excluding bonus increased by 60.49% followed by ICFC with 52.95% increment. Overall Industry’s average personnel expenses remained at Rs. 31.64 Million up by 1.28 Million with increment of 4.23% Y-o-Y.          

                                                                                                                        

Rs. in Million

Bank

Ashwin 2080

Ashwin 2081

Change

Change (%)

Ranking

Manju

               61.36

               74.57

                           13.21

21.52%

1

ICFC

               37.16

               56.84

                           19.68

52.95%

2

Progressive

               28.27

               45.37

                           17.10

60.49%

3

Pokhara

               39.36

               40.85

                             1.49

3.78%

4

Goodwill

               31.81

               34.68

                             2.87

9.03%

5

Central

               24.65

               33.61

                             8.96

36.36%

6

GURKHAFC

               42.59

               33.03

                           (9.56)

-22.45%

7

Reliance

               37.34

               31.90

                           (5.44)

-14.58%

8

GMBFL

               25.62

               26.49

                             0.87

3.39%

9

BestFC

               20.20

               20.58

                             0.38

1.89%

10

Shree

               17.47

               18.33

                             0.86

4.94%

11

NFL

               15.42

               17.39

                             1.97

12.81%

12

Janaki

               49.04

               16.59

                         (32.45)

-66.18%

13

Samriddhi

               18.15

               16.43

                           (1.72)

-9.50%

14

Multi

                  6.91

                  7.95

                             1.04

15.03%

15

Average industry

              30.36

              31.64

                            1.28

4.23%

 

 

 

Created with Highcharts 11.4.8Finance CompaniesPersonnel Expenses (Excluding​Bonus)(Rs. in Million)Percentage Change (%)Personnel Expenses (Excluding Bonus) Analysis61.36​61.3637.16​37.1628.27​28.2739.36​39.3631.81​31.8124.65​24.6542.59​42.5937.34​37.3425.62​25.6220.2​20.217.47​17.4715.42​15.4249.04​49.0418.15​18.156.91​6.9174.57​74.5756.84​56.8445.37​45.3740.85​40.8534.68​34.6833.61​33.6133.03​33.0331.9​31.926.49​26.4920.58​20.5818.33​18.3317.39​17.3916.59​16.5916.43​16.437.95​7.9513.21​13.2119.68​19.6817.1​17.11.49​1.492.87​2.878.96​8.96-9.56​-9.56-5.44​-5.440.87​0.870.38​0.380.86​0.861.97​1.97-32.45​-32.45-1.72​-1.721.04​1.0430.36​30.3630.36​30.3630.36​30.3630.36​30.3630.36​30.3630.36​30.3630.36​30.3630.36​30.3630.36​30.3630.36​30.3630.36​30.3630.36​30.3630.36​30.3630.36​30.3630.36​30.3631.64​31.6431.64​31.6431.64​31.6431.64​31.6431.64​31.6431.64​31.6431.64​31.6431.64​31.6431.64​31.6431.64​31.6431.64​31.6431.64​31.6431.64​31.6431.64​31.6431.64​31.6421.52​21.5252.95​52.9560.49​60.493.78​3.789.03​9.0336.36​36.36-22.45​-22.45-14.58​-14.583.39​3.391.89​1.894.94​4.9412.81​12.81-66.18​-66.18-9.5​-9.515.03​15.03Ashwin 2080Ashwin 2081Change (Rs. in Million)Average (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)ManjuICFCProgressivePokharaGoodwillCentralGURKHAFCRelianceGMBFLBestFCShreeNFLJanakiSamriddhiMulti-80-4004080-80-4004080Highcharts.com

 

Analysis - 7: Operating Expenses

What does Operating Expenses mean to Finance Company?

Operating expenses of the Finance Company includes day to day operation related expenses and consists of Personnel Expenses, Depreciation and Amortization and other operating expenses of the Finance Company like Operating Expenses consists of Administration Expenses, Audit Fees, Lease Expenses among others. 

Operating Expenses Performance Analysis:

Multipurpose Finance Company seems to have best managed its operating expenses with lowest Operating Expenses of Rs.4.32 Million as on Ashwin 2081. Highest amount of operating expenses was reported by ICFC of Rs. 28.10 Million. In terms of highest Y-o-Y growth, Operating Expenses of Janaki Finance Ltd increased by 153.96% as compared to Ashwin 2080. Goodwill Finance, Progressive Finance, Reliance Finance and Samriddhi Finance managed to decrease their operating expenses by 7.65%, 25.61%, 30.53% and 8.05% respectively during the review period. Overall Industry’s average operating expenses grew by 3.91%  as compared to Ashwin 2081. 

 

Rs. in Million

Bank

Ashwin 2080

Ashwin 2081

Change

Change (%)

Ranking

ICFC

               27.35

               28.10

                             0.75

2.76%

1

Manju

               21.41

               26.11

                             4.70

21.93%

2

GURKHAFC

               20.04

               20.08

                             0.04

0.22%

3

Goodwill

               19.30

               17.82

                           (1.48)

-7.65%

4

Pokhara

               16.40

               17.12

                             0.72

4.38%

5

Progressive

               22.07

               16.42

                           (5.65)

-25.61%

6

BestFC

               14.50

               14.88

                             0.38

2.59%

7

Reliance

               19.36

               13.45

                           (5.91)

-30.53%

8

Janaki

                  5.24

               13.31

                             8.07

153.96%

9

Central

               12.57

               13.04

                             0.47

3.74%

10

GMBFL

                  9.62

               12.47

                             2.85

29.59%

11

Shree

               11.39

               11.57

                             0.18

1.61%

12

NFL

                  6.24

                  9.76

                             3.52

56.47%

13

Samriddhi

                  9.13

                  8.40

                           (0.74)

-8.05%

14

Multi

                  3.70

                  4.32

                             0.62

16.84%

15

Average industry

              14.55

                     15.12

                          0.57

3.91%

 

 

 

Created with Highcharts 11.4.8Finance CompaniesOperating Expenses (Rs. in Million)Percentage Change (%)Operating Expenses Analysis27.35​27.3521.41​21.4120.04​20.0419.3​19.316.4​16.422.07​22.0714.5​14.519.36​19.365.24​5.2412.57​12.579.62​9.6211.39​11.396.24​6.249.13​9.133.7​3.728.1​28.126.11​26.1120.08​20.0817.82​17.8217.12​17.1216.42​16.4214.88​14.8813.45​13.4513.31​13.3113.04​13.0412.47​12.4711.57​11.579.76​9.768.4​8.44.32​4.320.75​0.754.7​4.70.04​0.04-1.48​-1.480.72​0.72-5.65​-5.650.38​0.38-5.91​-5.918.07​8.070.47​0.472.85​2.850.18​0.183.52​3.52-0.74​-0.740.62​0.6214.55​14.5514.55​14.5514.55​14.5514.55​14.5514.55​14.5514.55​14.5514.55​14.5514.55​14.5514.55​14.5514.55​14.5514.55​14.5514.55​14.5514.55​14.5514.55​14.5514.55​14.5515.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.122.76​2.7621.93​21.930.22​0.22-7.65​-7.654.38​4.38-25.61​-25.612.59​2.59-30.53​-30.53153.96​153.963.74​3.7429.59​29.591.61​1.6156.47​56.47-8.05​-8.0516.84​16.84Ashwin 2080Ashwin 2081Change (Rs. in Million)Average (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)ICFCManjuGURKHAFCGoodwillPokharaProgressiveBestFCRelianceJanakiCentralGMBFLShreeNFLSamriddhiMulti-100102030-60060120180Highcharts.com

 

Analysis - 8: Loan Write-offs

  

What does Loan Write-offs mean to Finance Company?

Loans are written off by the Finance Companies when Finance Company’s consider loans to be uncollectable even after necessary recovery efforts from the Finance Company. Written off loans are removed from Finance Company’s Balance Sheet and are booked as expenses under non-operating expenses of the Finance Company reducing Finance Company’s profit. 

 

Loan Write-offs Performance Analysis:

During the review period Manjushree Finance, ICFC Finance and Gurkhas Finance have written-off their loans. Except these 3 finance companies, none other finance companies have written off their loans. Highest value of loan was written-off by Manjushree Finance of Rs.20.67 Million followed by ICFC with written off loan of Rs.2.18 Million.

 

Rs. in Million

Bank

Ashwin 2080

Ashwin 2081

Change 

Change (%)

Ranking

Manju

                      -  

               20.67

                           20.67

100.00%

1

ICFC

                  0.25

                  2.43

                             2.18

872.23%

2

GURKHAFC

                  3.05

                  1.12

                           (1.93)

-63.28%

3

Central

                      -  

                      -  

                                  -  

0.00%

4

Janaki

                      -  

                      -  

                                  -  

0.00%

4

Multi

                      -  

                      -  

                                  -  

0.00%

4

GMBFL

                  0.41

                      -  

                           (0.41)

-100.00%

4

Shree

                      -  

                      -  

                                  -  

0.00%

4

NFL

                      -  

                      -  

                                  -  

0.00%

4

Pokhara

                      -  

                      -  

                                  -  

0.00%

4

Progressive

                  0.19

                      -  

                           (0.19)

-100.00%

4

Samriddhi

                      -  

                      -  

                                  -  

0.00%

4

Reliance

                      -  

                      -  

                                  -  

0.00%

4

BestFC

                      -  

                      -  

                                  -  

0.00%

4

Goodwill

                      -  

                      -  

                                  -  

0.00%

4

Average industry

                 0.26

                 1.61

                            1.35

              0.47

 

 

Created with Highcharts 11.4.8Finance CompaniesOperating Expenses (Rs. in Million)Percentage Change (%)Operating Expenses Analysis0​00.25​0.253.05​3.050​00​00​00.41​0.410​00​00​00.19​0.190​00​00​00​020.67​20.672.43​2.431.12​1.120​00​00​00​00​00​00​00​00​00​00​00​020.67​20.672.18​2.18-1.93​-1.930​00​00​0-0.41​-0.410​00​00​0-0.19​-0.190​00​00​00​015.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.1215.12​15.121.61​1.611.61​1.611.61​1.611.61​1.611.61​1.611.61​1.611.61​1.611.61​1.611.61​1.611.61​1.611.61​1.611.61​1.611.61​1.611.61​1.611.61​1.61100​100872.23​872.23-63.28​-63.280​00​00​0-100​-1000​00​00​0-100​-1000​00​00​00​0Ashwin 2080Ashwin 2081Change (Rs. in Million)Average (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)ManjuICFCGURKHAFCCentralJanakiMultiGMBFLShreeNFLPokharaProgressiveSamriddhiRelianceBestFCGoodwill-8081624-40004008001200Highcharts.com

 

Analysis - 9 : Net Profit After Tax (NPAT)

 

What does Net Profit After Tax (NPAT) mean to Finance Company?

Net Profit After Tax (NPAT) means the final profit  after deduction of all the expenses and taxes of the Finance Company. Net Profit helps to judge the profitability healthiness of the Finance Company. Higher the NPAT better is the Finance Company’s performance in terms of return to shareholders. 

Net Profit After Tax Performance Analysis:

 

Average Net Profit After Tax of overall Finance Companies down by 373.75% as compared to Ashwin 2080. Manju Shree Finance reported highest net profit as on Ashwin 2081 of Rs.94.22 Million followed by Goodwill Finance with profit of Rs.80.94 Million. Highest increase in Net Profit was reported by Janaki Finance Company with 15594.52% increment in Net Profit thanks to reversal of impairment and reduction of personal expenses. Janaki Finance Company is followed by Shree Investment with increment in profit by 1331.45%, with increase in NII and Fees and commission income. In terms of negative growth, NPAT of all finance companies except Manju Shree Finance, Janaki Finance, ICFC, Multi-Purpose, Shree Investment, Samriddhi, Nepal Finance, and Guheswori Merchant Finance  has been decreased as compared to previous year NPAT. Lowest net profit was reported by Guheswori Merchant  with Net loss of Rs.113.37 Million.

 

 Rs. in Million

Bank

Ashwin 2080

Ashwin 2081

Change

Change (%)

Ranking

Manju

                82.78

                      94.22

                         11.44

13.82%

1

Progressive

             (61.19)

                      80.94

                       142.13

-232.28%

2

Janaki

                  0.44

                      69.06

                         68.62

15594.52%

3

ICFC

                  9.38

                      68.80

                         59.42

633.48%

4

Goodwill

             (35.02)

                      49.51

                         84.53

-241.39%

5

Central

             (26.18)

                      49.51

                         75.69

-289.12%

6

GURKHAFC

                61.69

                      24.28

                       (37.41)

-60.64%

7

Multi

                  6.58

                      14.77

                           8.19

124.54%

8

Shree

                  0.29

                         4.15

                           3.86

1331.45%

9

BestFC

             (19.82)

                      (8.64)

                         11.18

-56.40%

10

Samriddhi

                (9.89)

                    (18.21)

                         (8.32)

84.07%

11

NFL

             (20.24)

                    (24.00)

                         (3.76)

18.58%

12

Pokhara

             (56.17)

                    (49.00)

                           7.17

-12.76%

13

Reliance

                53.94

                    (57.55)

                    (111.49)

-206.70%

14

GMBFL

             (53.98)

                  (113.37)

                       (59.39)

110.02%

15

Average industry

               (4.49)

                     12.30

                        16.79

-373.75%

 

 

 

Created with Highcharts 11.4.8Finance CompaniesNet Profit After Tax (NPAT) (Rs. in Million)Percentage Change (%)Net Profit After Tax (NPAT) Performance Analysis82.78​82.78-61.19​-61.190.44​0.449.38​9.38-35.02​-35.02-26.18​-26.1861.69​61.696.58​6.580.29​0.29-19.82​-19.82-9.89​-9.89-20.24​-20.24-56.17​-56.1753.94​53.94-53.98​-53.9894.22​94.2280.94​80.9469.06​69.0668.80068​68.8006849.51​49.5149.51​49.5124.28​24.2814.77​14.774.15​4.15-8.64​-8.64-18.21​-18.21-24​-24-49​-49-57.55​-57.55-113.37​-113.3711.44​11.44142.13​142.1368.62​68.6259.42​59.4284.53​84.5375.69​75.69-37.41​-37.418.19​8.193.86​3.8611.18​11.18-8.32​-8.32-3.76​-3.767.17​7.17-111.49​-111.49-59.39​-59.39-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.49-4.49​-4.4912.3​12.312.3​12.312.3​12.312.3​12.312.3​12.312.3​12.312.3​12.312.3​12.312.3​12.312.3​12.312.3​12.312.3​12.312.3​12.312.3​12.312.3​12.313.82​13.82-232.28​-232.2815 594.52​15 594.52633.48​633.48-241.39​-241.39-289.12​-289.12-60.64​-60.64124.54​124.541 331.45​1 331.45-56.4​-56.484.07​84.0718.58​18.58-12.76​-12.76-206.7​-206.7110.02​110.02Ashwin 2080Ashwin 2081Change (Rs. in Million)Average Finance Companies (Ashwin 2080) (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)ManjuProgressiveJanakiICFCGoodwillCentralGURKHAFCMultiShreeBestFCSamriddhiNFLPokharaRelianceGMBFL-160-80080160-6k06k12k18kHighcharts.com

 

Analysis - 10 : Distributable Profit and DPS

  

What does Distributable Profit and DPS mean to Finance Company?

Distributable Profit (DP) means the final profit which is available for distribution to shareholders. If the same distributable profit is divided by number of available shares with Finance Company then Dividend Per Share (DPS) is derived which shows how much dividend a share will generate. Higher the distributable profit and DPS better will be the Finance Company from Shareholders perspective. 

Distributable Profit and DPS Performance Analysis:

Majority of Finance Companies reported negative distributable profit as on Ashwin 2081 except 4 Finance Company. Manju Shree Finance Company managed to remain at top position with distributable profit of Rs.151.37 Million with DPS of Rs.11.20 per share followed by ICFC Finance Company with distributable profit of Rs.67.54 Million with DPS of Rs.5.71 per share. Industrial average distributable profit remained at 287.83 Million as on Ashwin 2081.

Rs. in Million

Distributable Profit

Bank

Ashwin 2080

Ashwin 2081

Change 

Change (%)

Ranking

Manju

             107.62

                   151.37

                        43.75

40.65%

1

ICFC

                 4.94

                      67.54

                        62.60

1267.26%

2

Multi

                 2.93

                      19.35

                        16.42

560.41%

3

Shree

               12.26

                      (9.12)

                      (21.38)

-174.35%

4

Central

             (55.55)

                 (118.64)

                      (63.09)

113.58%

5

GMBFL

               (7.15)

                 (129.62)

                    (122.47)

1712.91%

6

NFL

           (236.75)

                 (250.70)

                      (13.95)

5.89%

7

BestFC

           (262.18)

                 (263.30)

                        (1.12)

0.43%

8

Reliance

           (248.72)

                 (390.27)

                    (141.55)

56.91%

9

GURKHAFC

           (404.19)

                 (447.76)

                      (43.57)

10.78%

10

Progressive

           (398.23)

                 (477.89)

                      (79.66)

20.00%

11

Goodwill

             (31.09)

                 (506.07)

                    (474.98)

1527.76%

12

Samriddhi

           (462.67)

                 (629.43)

                    (166.76)

36.04%

13

Janaki

           (348.00)

                 (652.00)

                    (304.00)

187.36%

14

Pokhara

           (178.35)

                 (680.85)

                    (502.50)

281.75%

15

Average industry

         (167.01)

               (287.83)

                  (120.82)

72.34%

 

 

Created with Highcharts 11.4.8Finance CompaniesDistributable Profit (Rs. in Million)Percentage Change (%)Distributable Profit Performance Analysis107.62​107.624.94​4.942.93​2.9312.26​12.26-55.55​-55.55-7.15​-7.15-236.75​-236.75-262.18​-262.18-248.72​-248.72-404.19​-404.19-398.23​-398.23-31.09​-31.09-462.67​-462.67-348​-348-178.35​-178.35151.37​151.3767.54​67.5419.35​19.35-9.12​-9.12-118.64​-118.64-129.62​-129.62-250.7​-250.7-263.3​-263.3-390.27​-390.27-447.76​-447.76-477.89​-477.89-506.07​-506.07-629.43​-629.43-652​-652-680.85​-680.8543.75​43.7562.6​62.616.42​16.42-21.38​-21.38-63.09​-63.09-122.47​-122.47-13.95​-13.95-1.12​-1.12-141.55​-141.55-43.57​-43.57-79.66​-79.66-474.98​-474.98-166.76​-166.76-304​-304-502.5​-502.5-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-167.01​-167.01-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.83-287.83​-287.8340.65​40.651 267.21​1 267.21560.41​560.41-174.39​-174.39113.57​113.571 712.87​1 712.875.89​5.890.43​0.4356.91​56.9110.78​10.7820​201 527.76​1 527.7636.04​36.0487.36​87.36281.75​281.75Ashwin 2080Ashwin 2081Change (Rs. in Million)Average Finance Companies (Ashwin 2080) (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)ManjuICFCMultiShreeCentralGMBFLNFLBestFCRelianceGURKHAFCProgressiveGoodwillSamriddhiJanakiPokhara-750-500-2500250-800080016002400Highcharts.com

 Rs. in Million

DPS

Bank

Ashwin 2080

Ashwin 2081

Change

Change (%)

Ranking

Manju

                  7.96

                      11.20

                           3.24

40.70%

1

ICFC

                  0.42

                         5.71

                           5.29

1258.85%

2

Multi

                  0.49

                         2.42

                           1.93

391.70%

3

Shree

                  1.25

                      (0.93)

                         (2.18)

-174.28%

4

GMBFL

                (0.71)

                    (12.81)

                       (12.10)

1703.71%

5

BestFC

             (30.67)

                    (30.80)

                         (0.13)

0.42%

6

NFL

             (32.45)

                    (34.35)

                         (1.90)

5.85%

7

Reliance

             (22.18)

                    (34.80)

                       (12.62)

56.90%

8

Central

             (23.42)

                    (49.95)

                       (26.53)

113.28%

9

GURKHAFC

             (46.57)

                    (51.59)

                         (5.02)

10.77%

10

Goodwill

                (3.29)

                    (53.49)

                       (50.20)

1525.81%

11

Progressive

             (46.96)

                    (56.35)

                         (9.39)

19.99%

12

Samriddhi

             (56.50)

                    (76.86)

                       (20.36)

36.04%

13

Janaki

             (50.43)

                    (94.49)

                       (44.06)

87.36%

14

Pokhara

             (16.47)

                  (251.57)

                    (235.10)

1427.44%

15

Average industry

            (21.30)

                   (48.58)

                     (27.27)

128.04%

 

 

 

Created with Highcharts 11.4.8Finance CompaniesDividend Per Share (DPS) (Rs. in Million)Percentage Change (%)Dividend Per Share (DPS) Performance Analysis7.96​7.960.42​0.420.49​0.491.25​1.25-0.71​-0.71-30.67​-30.67-32.45​-32.45-22.18​-22.18-23.42​-23.42-46.57​-46.57-3.29​-3.29-46.96​-46.96-56.5​-56.5-50.43​-50.43-16.47​-16.4711.2​11.25.71​5.712.42​2.42-0.93​-0.93-12.81​-12.81-30.8​-30.8-34.35​-34.35-34.8​-34.8-49.95​-49.95-51.59​-51.59-53.49​-53.49-56.35​-56.35-76.86​-76.86-94.49​-94.49-251.57​-251.573.24​3.245.29​5.291.93​1.93-2.18​-2.18-12.1​-12.1-0.13​-0.13-1.9​-1.9-12.62​-12.62-26.53​-26.53-5.02​-5.02-50.2​-50.2-9.39​-9.39-20.36​-20.36-44.06​-44.06-235.1​-235.1-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-21.3​-21.3-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58-48.58​-48.58440.7​440.71 259.52​1 259.52393.88​393.88-174.4​-174.41 704.23​1 704.230.42​0.425.86​5.8656.9​56.9113.28​113.2810.78​10.781 525.84​1 525.8420​2036.04​36.0487.37​87.371 427.44​1 427.44Ashwin 2080Ashwin 2081Change (Rs. in Million)Average Finance Companies (Ashwin 2080) (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)ManjuICFCMultiShreeGMBFLBestFCNFLRelianceCentralGURKHAFCGoodwillProgressiveSamriddhiJanakiPokhara-300-200-1000100-600060012001800Highcharts.com

 

Analysis -11: Non-Banking Assets (NBA)

 

What does Non-Banking Assets (NBA) mean to Finance Company?

If a loan provided is defaulted, then Finance Company may sell the collateral held and recover the dues of borrower from such collateral sales. However, sometimes the collateral may not be sold and Finance Company may have to itself take such assets. Such assets are Non-Banking Assets to the Finance Company, which are shown under Investment Property under Balance Sheets. 

 

Non-Banking Assets Performance Analysis:

Six Finance Companies have reported increase in NBA, two Finance Companies have reported decrease in NBA and seven Finance Companies have reported no change in NBA as compared to Ashadh 2081. Goodwill Finance Company booked Rs. 610.28 Million as Non-Finance Companying Assets followed by Gurkhas Finance Company with NBA of Rs.390.43 Million. Looking into booking of new NBA in this quarter highest amount of NBA was booked by Progressive Finance Company of Rs. 219.70 Million in this quarter up by 175.37% as compared to Ashadh 2081. Overall Industry’s NBA increased by 17.78% during the review period.

 

Rs. in Million

Bank

Ashadh 2081

Ashwin 2081

Change 

Change (%)

Ranking

Goodwill

564.66

610.28

45.62

8.08%

1

GURKHAFC

390.43

390.43

0.00

0.00%

2

Progressive

125.28

344.98

219.70

175.37%

3

BestFC

259.67

308.13

48.46

18.66%

4

Reliance

210.41

200.96

(9.45)

-4.49%

5

Samriddhi

130.21

108.84

(21.37)

-16.41%

6

Manju

63.52

87.80

24.28

38.22%

7

Pokhara

81.30

81.30

(0.00)

0.00%

8

NFL

54.43

54.43

(0.00)

0.00%

9

Central

0.25

21.59

21.34

8535.00%

10

ICFC

4.27

17.67

13.40

313.83%

11

Shree

14.60

14.60

0.00

0.00%

12

GMBFL

12.17

12.17

(0.00)

0.00%

13

Multi

11.62

11.62

0.00

0.00%

14

Janaki

0.97

0.97

(0.00)

0.00%

15

Average industry

128.25

151.05

22.80

17.78%

  

 

Created with Highcharts 11.4.8Finance CompaniesNon-Banking Assets (NBA) (Rs. in Million)Percentage Change (%)Non-Banking Assets (NBA) Performance Analysis564.66​564.66390.43​390.43125.28​125.28259.67​259.67210.41​210.41130.21​130.2163.52​63.5281.3​81.354.43​54.430.25​0.254.27​4.2714.6​14.612.17​12.1711.62​11.620.97​0.97610.28​610.28390.43​390.43344.98​344.98308.13​308.13200.96​200.96108.84​108.8487.8​87.881.3​81.354.43​54.4321.59​21.5917.67​17.6714.6​14.612.17​12.1711.62​11.620.97​0.9745.62​45.620​0219.7​219.748.46​48.46-9.45​-9.45-21.37​-21.3724.28​24.280​00​021.34​21.3413.4​13.40​00​00​00​0128.25​128.25128.25​128.25128.25​128.25128.25​128.25128.25​128.25128.25​128.25128.25​128.25128.25​128.25128.25​128.25128.25​128.25128.25​128.25128.25​128.25128.25​128.25128.25​128.25128.25​128.25151.05​151.05151.05​151.05151.05​151.05151.05​151.05151.05​151.05151.05​151.05151.05​151.05151.05​151.05151.05​151.05151.05​151.05151.05​151.05151.05​151.05151.05​151.05151.05​151.05151.05​151.058.08​8.080​0175.37​175.3718.66​18.66-4.49​-4.49-16.41​-16.4138.22​38.220​00​08 536​8 536313.82​313.820​00​00​00​0Ashwin 2080Ashwin 2081Change (Rs. in Million)Average Finance Companies (Ashwin 2080) (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)GoodwillGURKHAFCProgressiveBestFCRelianceSamriddhiManjuPokharaNFLCentralICFCShreeGMBFLMultiJanaki-2500250500750-3k03k6k9kHighcharts.com

 

Analysis -12: Base Rate

  

What does Base Rate mean to Finance Company?

Base Rate is the floor rate upon which premium is charged by Finance Companies to derive lending rate. Base rate consists of Cost of Fund, Cost of CRR, Cost of SLR and Operating Costs of the Finance Company. Higher base rate means Finance Companies are obtaining funds at higher rate and lower base rate means Finance Companies are obtaining funds at lower rates. Higher Base rate also means expensive lending rates and lower base rate means cheaper lending rates. 

 

 Base Rate Performance Analysis:

During the review period Industry average base rate remained at 10.34%. As compared to Ashwin 2080, Base rate of all the Finance Companies have decreased due to falling cost of deposits. Pokhara Finance Company has the lowest Base Rate of 9.28% whereas Best Finance’s base rate of 12.29% is the highest amongst peer.

 

Bank

Ashwin 2080

Ashwin 2081

Change 

Change (%)

Ranking

BestFC

14.57%

12.29%

-2.28%

-15.65%

1

Samriddhi

18.31%

11.68%

-6.63%

-36.21%

2

Multi

13.93%

11.22%

-2.71%

-19.45%

3

NFL

13.75%

11.16%

-2.59%

-18.84%

4

Janaki

13.28%

10.53%

-2.75%

-20.71%

5

Manju

12.43%

10.21%

-2.22%

-17.86%

6

Reliance

13.28%

10.21%

-3.07%

-23.12%

6

Progressive

14.11%

10.13%

-3.98%

-28.21%

8

Shree

12.94%

10.06%

-2.88%

-22.26%

9

GMBFL

12.55%

9.76%

-2.79%

-22.23%

10

GURKHAFC

12.14%

9.72%

-2.42%

-19.93%

11

ICFC

12.64%

9.70%

-2.94%

-23.26%

12

Central

12.95%

9.60%

-3.35%

-25.87%

13

Goodwill

12.76%

9.55%

-3.21%

-25.16%

14

Pokhara

12.83%

9.28%

-3.55%

-27.67%

15

Average industry

13.50%

10.34%

-3.16%

           (0.23)

 

 

Created with Highcharts 11.4.8Finance CompaniesBase Rate (in %)Percentage Change (%)Base Rate Performance Analysis14.57​14.5718.31​18.3113.93​13.9313.75​13.7513.28​13.2812.43​12.4313.28​13.2814.11​14.1112.94​12.9412.55​12.5512.14​12.1412.64​12.6412.95​12.9512.76​12.7612.83​12.8312.29​12.2911.68​11.6811.22​11.2211.16​11.1610.53​10.5310.21​10.2110.21​10.2110.13​10.1310.06​10.069.76​9.769.72​9.729.7​9.79.6​9.69.55​9.559.28​9.28-2.28​-2.28-6.63​-6.63-2.71​-2.71-2.59​-2.59-2.75​-2.75-2.22​-2.22-3.07​-3.07-3.98​-3.98-2.88​-2.88-2.79​-2.79-2.42​-2.42-2.94​-2.94-3.35​-3.35-3.21​-3.21-3.55​-3.5513.5​13.513.5​13.513.5​13.513.5​13.513.5​13.513.5​13.513.5​13.513.5​13.513.5​13.513.5​13.513.5​13.513.5​13.513.5​13.513.5​13.513.5​13.510.34​10.3410.34​10.3410.34​10.3410.34​10.3410.34​10.3410.34​10.3410.34​10.3410.34​10.3410.34​10.3410.34​10.3410.34​10.3410.34​10.3410.34​10.3410.34​10.3410.34​10.34-15.65​-15.65-36.21​-36.21-19.45​-19.45-18.84​-18.84-20.71​-20.71-17.86​-17.86-23.12​-23.12-28.21​-28.21-22.26​-22.26-22.23​-22.23-19.93​-19.93-23.26​-23.26-25.87​-25.87-25.16​-25.16-27.67​-27.67Ashwin 2080Ashwin 2081Change (Rs. in Million)Average Finance Companies (Ashwin 2080) (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)BestFCSamriddhiMultiNFLJanakiManjuRelianceProgressiveShreeGMBFLGURKHAFCICFCCentralGoodwillPokhara-8081624-40-32-24-16-8Highcharts.com

 

Analysis -13: Earning Per Share (EPS)

 

What does Earning Per Share mean to Finance Company?

Earnings Per Share (EPS) is the amount of profit earned by the Finance Company equivalent to each of its share. Higher the EPS, better it is and vice versa. It is computed by dividing Net Profit by total number of shares of the Finance Company. 

 

 Earnings Per Share Performance Analysis:

Janaki Finance Company has reported the highest EPS of Rs.40 per share followed by Progressive Finance Company with Rs.38.17 per share. Six Finance companies have reported negative EPS due to negative profit and  five finance companies have reported fall in their EPS as compared to Ashwin end 2080. Industry Average EPS remained at Rs.8.68 per share as on Ashwin 2081. Reliance Finance reported lowest EPS i.e. negative 20.53 as on Ashwin 2081.

  Rs. in Million

Bank

Ashwin 2080

Ashwin 2081

Change

Change (%)

Ranking

Janaki

                  0.60

               40.00

                           39.40

6567.50%

1

Progressive

             (28.86)

               38.17

                           67.03

-232.28%

2

Manju

               24.50

               27.89

                             3.39

13.82%

3

ICFC

                  3.17

               23.25

                           20.08

633.56%

4

Goodwill

             (14.80)

               20.93

                           35.73

-241.44%

5

Central

             (11.04)

               20.87

                           31.91

-289.06%

6

GURKHAFC

               28.43

               11.19

                         (17.24)

-60.64%

7

Multi

                  4.42

                  9.69

                             5.27

119.12%

8

Shree

                  0.12

                  1.69

                             1.57

1309.55%

9

NFL

               (2.77)

               (3.29)

                           (0.52)

18.77%

10

BestFC

               (9.28)

               (3.88)

                             5.40

-58.17%

11

GMBFL

               (5.33)

               (8.75)

                           (3.42)

64.17%

12

Samriddhi

               (4.83)

               (8.89)

                           (4.06)

84.11%

13

Pokhara

             (20.79)

             (18.11)

                             2.68

-12.91%

14

Reliance

               19.24

             (20.53)

                         (39.77)

-206.69%

15

Average industry

              (1.15)

                 8.68

                            9.83

514%

 

 

Created with Highcharts 11.4.8Finance CompaniesEarnings Per Share (EPS) (in Rs.)Percentage Change (%)Earnings Per Share (EPS) Performance Analysis60​60-2 886​-2 8862 450​2 450317​317-1 480​-1 480-1 104​-1 1042 843​2 843442​44212​12-277​-277-928​-928-533​-533-483​-483-2 079​-2 0791 924​1 9244 000​4 0003 817​3 8172 789​2 7892 325​2 3252 093​2 0932 087​2 0871 119​1 119969​969169​169-329​-329-388​-388-875​-875-889​-889-1 811​-1 811-2 053​-2 0533 940​3 9406 703​6 703339​3392 008​2 0083 573​3 5733 191​3 191-1 724​-1 724527​527157​157-52​-52540​540-342​-342-406​-406268​268-3 977​-3 977-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8-114.8​-114.8868.2​868.2868.2​868.2868.2​868.2868.2​868.2868.2​868.2868.2​868.2868.2​868.2868.2​868.2868.2​868.2868.2​868.2868.2​868.2868.2​868.2868.2​868.2868.2​868.2868.2​868.26 566.67​6 566.67-232.26​-232.2613.84​13.84633.44​633.44-241.42​-241.42-289.04​-289.04-60.64​-60.64119.23​119.231 308.33​1 308.3318.77​18.77-58.19​-58.1964.17​64.1784.06​84.06-12.89​-12.89-206.7​-206.7Ashwin 2080Ashwin 2081Change (Rs. in Million)Average Finance Companies (Ashwin 2080) (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)JanakiProgressiveManjuICFCGoodwillCentralGURKHAFCMultiShreeNFLBestFCGMBFLSamriddhiPokharaReliance-8k-4k04k8k-2.5k02.5k5k7.5kHighcharts.com

 

 Analysis -14: Non-Performing Loan (NPL)

 

What does Non-Performing Loan mean to Finance Company?

Non-Performing Loans (NPL) are those loans which are classified under Doubtful, Substandard and Bad as per the NRB provisions. Higher Non-Performing Loans ratio means higher probability of loan defaults, so Finance Companies try to maintain NPL as low as possible. 

 

 Non-Performing Loans (NPL) Performance Analysis:

 

Industry Average non-performing loan (NPL) of overall industry remained at 9.18% as on Ashwin 2081. Higher NPL triggers increased risk of credit defaults and lower changes of credit recovery, so Finance Company’s try to restrict their NPL as low as possible. During the review period, Manju Shree Finance Company managed to keep its NPL at 3.12% which is lowest amongst peers, followed by Shree Investment Finance Company with 3.19% NPL. Highest NPL was reported by Janaki Finance with NPL of 34.64% followed by Samriddhi Finance with NPL 23.47% as on Ashwin 2081. Considering Y-o-Y growth, NPL of Samriddhi Finance saw the growth of 389.98% and remained at 23.47% being highest amongst the peer.

  

Bank

Ashwin 2080

Ashwin 2081

Change

Change (%)

Ranking

Janaki

17.60%

34.64%

17.04%

96.82%

1

Samriddhi

4.79%

23.47%

18.68%

389.98%

2

GMBFL

4.72%

13.56%

8.84%

187.29%

3

NFL

11.75%

10.36%

-1.39%

-11.83%

4

Central

7.43%

8.71%

1.28%

17.23%

5

Reliance

4.96%

8.58%

3.62%

72.98%

6

Progressive

12.45%

7.47%

-4.98%

-40.00%

7

Multi

1.22%

4.97%

3.75%

307.38%

8

Goodwill

3.97%

4.91%

0.94%

23.68%

9

BestFC

5.49%

3.98%

-1.51%

-27.50%

10

Pokhara

2.08%

3.85%

1.77%

85.10%

11

ICFC

3.23%

3.66%

0.43%

13.31%

12

GURKHAFC

1.94%

3.21%

1.27%

65.46%

13

Shree

1.20%

3.19%

1.99%

165.83%

14

Manju

2.85%

3.12%

0.27%

9.47%

15

Average industry

5.71%

9.18%

3.47%

60.69%

 

 

Created with Highcharts 11.4.8Finance CompaniesNon-Performing Loans (%)Percentage Change (%)Non-Performing Loans (NPL) Performance Analysis17.6​17.64.79​4.794.72​4.7211.75​11.757.43​7.434.96​4.9612.45​12.451.22​1.223.97​3.975.49​5.492.08​2.083.23​3.231.94​1.941.2​1.22.85​2.8534.64​34.6423.47​23.4713.56​13.5610.36​10.368.71​8.718.58​8.587.47​7.474.97​4.974.91​4.913.98​3.983.85​3.853.66​3.663.21​3.213.19​3.193.12​3.1217.04​17.0418.68​18.688.84​8.84-1.39​-1.391.28​1.283.62​3.62-4.98​-4.983.75​3.750.94​0.94-1.51​-1.511.77​1.770.43​0.431.27​1.271.99​1.990.27​0.275.71​5.715.71​5.715.71​5.715.71​5.715.71​5.715.71​5.715.71​5.715.71​5.715.71​5.715.71​5.715.71​5.715.71​5.715.71​5.715.71​5.715.71​5.719.18​9.189.18​9.189.18​9.189.18​9.189.18​9.189.18​9.189.18​9.189.18​9.189.18​9.189.18​9.189.18​9.189.18​9.189.18​9.189.18​9.189.18​9.1896.82​96.82389.98​389.98187.29​187.29-11.83​-11.8317.23​17.2372.98​72.98-40​-40307.38​307.3823.68​23.68-27.5​-27.585.1​85.113.31​13.3165.46​65.46165.83​165.839.47​9.47Ashwin 2080Ashwin 2081Change (%)Average Finance Companies (Ashwin 2080) (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)JanakiSamriddhiGMBFLNFLCentralRelianceProgressiveMultiGoodwillBestFCPokharaICFCGURKHAFCShreeManju-150153045-1500150300450Highcharts.com

 

Analysis -15: Cost of Fund

  

What does Cost of Fund mean to Finance Company?

Cost of Fund means the cost incurred by the Finance Company to obtain funds in a form of deposit or borrowings. It includes cost of local currency deposit and borrowings obtained by the Finance Company.

 

 Cost of Fund Performance Analysis:

During the review period lowest cost of fund was of Progressive Finance Company at 6.57% followed by Gurkhas Finance Company with 6.68%. This means these Finance Company are soliciting funds at lower costs than peers. However, cost of fund of Janaki Finance Company remained highest amongst peer at 8.46% as on Ashwin 2081. Industry average cost of fund remained at 7.54% as on Ashwin 2081.

 

Bank

Ashwin 2080

Ashwin 2081

Change (Rs. in Mil)

Change (%)

Ranking

Janaki

10.93%

8.46%

-2.47%

-22.60%

1

BestFC

10.63%

8.43%

-2.20%

-20.70%

2

Shree

10.60%

8.28%

-2.32%

-21.89%

3

Multi

10.13%

8.03%

-2.10%

-20.73%

4

Goodwill

10.58%

7.58%

-3.00%

-28.36%

5

NFL

9.57%

7.56%

-2.01%

-21.00%

6

GMBFL

10.19%

7.45%

-2.74%

-26.89%

7

ICFC

10.50%

7.44%

-3.06%

-29.14%

8

Manju

10.14%

7.44%

-2.70%

-26.63%

8

Reliance

10.45%

7.41%

-3.04%

-29.09%

10

Samriddhi

10.08%

7.31%

-2.77%

-27.48%

11

Central

10.18%

7.28%

-2.90%

-28.49%

12

Pokhara

10.40%

7.20%

-3.20%

-30.77%

13

GURKHAFC

9.11%

6.68%

-2.43%

-26.67%

14

Progressive

9.39%

6.57%

-2.82%

-30.03%

15

Average industry

10.19%

7.54%

-2.65%

-26.01%

 

 

Created with Highcharts 11.4.8Finance CompaniesCost of Fund (%)Percentage Change (%)Cost of Fund Performance Analysis10.93​10.9310.63​10.6310.6​10.610.13​10.1310.58​10.589.57​9.5710.19​10.1910.5​10.510.14​10.1410.45​10.4510.08​10.0810.18​10.1810.4​10.49.11​9.119.39​9.398.46​8.468.43​8.438.28​8.288.03​8.037.58​7.587.56​7.567.45​7.457.44​7.447.44​7.447.41​7.417.31​7.317.28​7.287.2​7.26.68​6.686.57​6.57-2.47​-2.47-2.2​-2.2-2.32​-2.32-2.1​-2.1-3​-3-2.01​-2.01-2.74​-2.74-3.06​-3.06-2.7​-2.7-3.04​-3.04-2.77​-2.77-2.9​-2.9-3.2​-3.2-2.43​-2.43-2.82​-2.8210.19​10.1910.19​10.1910.19​10.1910.19​10.1910.19​10.1910.19​10.1910.19​10.1910.19​10.1910.19​10.1910.19​10.1910.19​10.1910.19​10.1910.19​10.1910.19​10.1910.198​10.1987.54​7.547.54​7.547.54​7.547.54​7.547.54​7.547.54​7.547.54​7.547.54​7.547.54​7.547.54​7.547.54​7.547.54​7.547.54​7.547.54​7.547.54​7.54-22.6​-22.6-20.7​-20.7-21.89​-21.89-20.73​-20.73-28.36​-28.36-21​-21-26.89​-26.89-29.14​-29.14-26.63​-26.63-29.09​-29.09-27.48​-27.48-28.49​-28.49-30.77​-30.77-26.67​-26.67-30.03​-30.03Ashwin 2080Ashwin 2081Change (Rs. in Million)Average Finance Companies (Ashwin 2080) (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)JanakiBestFCShreeMultiGoodwillNFLGMBFLICFCManjuRelianceSamriddhiCentralPokharaGURKHAFCProgressive-404812-36-32-28-24-20Highcharts.com

 

Analysis -16: Capital Adequacy Ratio (CAR)

  

What does Capital Adequacy Ratio mean to Finance Company?

Capital Adequacy Ratio (CAR) measures the sufficiency of Finance Company’s capital in terms of its credit, operation and market or liquidity risk weighted exposures. It indicates the sufficiency of Finance Company’s capital commensurate to risk pertaining to business growth, gross income and open position. NRB has mandated Finance Company to maintain CAR of at least 10% in line with Capital Adequacy Framework, 2007.

 

Capital Adequacy Ratio (CAR) Performance Analysis:

 

Industrial average CAR remained at 15.21% as on Ashwin 2081. Nepal Finance Company managed to remain at top with CAR of 32.61% whose Y-o-Y CAR is down by 5.32% as compared to earlier Ashwin 2080. MultiPurpose Finance had the CAR of 26.02% down by 15.86% as compared to Ashwin 2080. Lowest CAR was reported by Janaki Finance 3.84% followed by Progressive Finance Company of 10.55%.

 

Bank

Ashwin 2080

Ashwin 2081

Change (Rs. in Mil)

Change (%)

Ranking

NFL

37.93%

32.61%

-5.32%

-14.03%

1

Multi

41.88%

26.02%

-15.86%

-37.87%

2

Shree

19.38%

17.87%

-1.51%

-7.79%

3

Central

21.64%

16.78%

-4.86%

-22.46%

4

GMBFL

18.41%

16.40%

-2.01%

-10.92%

5

BestFC

18.03%

14.74%

-3.29%

-18.25%

6

Manju

16.77%

14.39%

-2.38%

-14.19%

7

Goodwill

14.75%

13.57%

-1.18%

-8.00%

8

ICFC

12.26%

13.08%

0.82%

6.69%

9

Samriddhi

20.40%

12.70%

-7.70%

-37.75%

10

GURKHAFC

12.62%

12.64%

0.02%

0.16%

11

Reliance

14.90%

12.03%

-2.87%

-19.26%

12

Pokhara

14.29%

10.99%

-3.30%

-23.09%

13

Progressive

14.85%

10.55%

-4.30%

-28.96%

14

Janaki

15.84%

3.84%

-12.00%

-75.76%

15

Average industry

19.60%

15.21%

-4.38%

-20.76%

 

 

Created with Highcharts 11.4.8Finance CompaniesCapital Adequacy Ratio (CAR) (%)Percentage Change (%)Capital Adequacy Ratio (CAR) Performance Analysis37.93​37.9341.88​41.8819.38​19.3821.64​21.6418.41​18.4118.03​18.0316.77​16.7714.75​14.7512.26​12.2620.4​20.412.62​12.6214.9​14.914.29​14.2914.85​14.8515.84​15.8432.61​32.6126.02​26.0217.87​17.8716.78​16.7816.4​16.414.74​14.7414.39​14.3913.57​13.5713.08​13.0812.7​12.712.64​12.6412.03​12.0310.99​10.9910.55​10.553.84​3.84-5.32​-5.32-15.86​-15.86-1.51​-1.51-4.86​-4.86-2.01​-2.01-3.29​-3.29-2.38​-2.38-1.18​-1.180.82​0.82-7.7​-7.70.02​0.02-2.87​-2.87-3.3​-3.3-4.3​-4.3-12​-1219.6​19.619.6​19.619.6​19.619.6​19.619.6​19.619.6​19.619.6​19.619.6​19.619.6​19.619.6​19.619.6​19.619.6​19.619.6​19.619.6​19.619.6​19.615.21​15.2115.21​15.2115.21​15.2115.21​15.2115.21​15.2115.21​15.2115.21​15.2115.21​15.2115.21​15.2115.21​15.2115.21​15.2115.21​15.2115.21​15.2115.21​15.2115.21​15.21-14.03​-14.03-37.87​-37.87-7.79​-7.79-22.46​-22.46-10.92​-10.92-18.25​-18.25-14.19​-14.19-8​-86.69​6.69-37.75​-37.750.16​0.16-19.26​-19.26-23.09​-23.09-28.96​-28.96-75.76​-75.76Ashwin 2080Ashwin 2081Change (%)Average Finance Companies (Ashwin 2080) (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)NFLMultiShreeCentralGMBFLBestFCManjuGoodwillICFCSamriddhiGURKHAFCReliancePokharaProgressiveJanaki-200204060-90-60-30030Highcharts.com

 

Analysis -17: Credit to Deposit (CD) Ratio

  

What does CD Ratio mean to Finance Company?

Credit to Deposit (CD) ratio is the measure which shows proportion of credit and deposit mix of the Finance Company. Higher CD ratio means higher portion of lending as compared to Finance Company’s deposit volume and lower CD ration means lower portion of lending as compared to Finance Company’s deposit volume. Finance Company try to maintain optimum CD ratio by balancing between credit and deposit mix.. 

 

Credit to Deposit (CD) ratio Performance Analysis:

During the review period industrial average CD ratio remained at 73.26%. ICFC Finance have the highest CD ratio of 83.27% followed by Shree Investment of 79.91%. Lowest CD ratio was reported by Central Finance Company of 64.52% a fall by 8.04% as compared to earlier quarter end.

 

Bank

Ashwin 2080

Ashwin 2081

Change

Change (%)

Ranking

ICFC

73.55%

83.27%

9.72%

13.22%

1

Shree

80.13%

79.91%

-0.22%

-0.27%

2

NFL

82.82%

79.89%

-2.93%

-3.54%

3

GURKHAFC

84.40%

78.29%

-6.11%

-7.24%

4

BestFC

79.61%

77.83%

-1.78%

-2.24%

5

Manju

83.27%

77.72%

-5.55%

-6.67%

6

Reliance

80.38%

76.73%

-3.65%

-4.54%

7

Samriddhi

90.79%

71.52%

-19.27%

-21.22%

8

Janaki

84.61%

71.16%

-13.45%

-15.90%

9

Goodwill

78.41%

68.42%

-9.99%

-12.74%

10

Progressive

77.22%

67.72%

-9.50%

-12.30%

11

GMBFL

74.40%

67.53%

-6.87%

-9.23%

12

Pokhara

77.24%

67.43%

-9.81%

-12.70%

13

Multi

76.69%

66.97%

-9.72%

-12.67%

14

Central

72.56%

64.52%

-8.04%

-11.08%

15

Average industry

79.74%

73.26%

-6.48%

-7.94%

 

 

Created with Highcharts 11.4.8Finance CompaniesCredit to Deposit (CD) Ratio (%)Percentage Change (%)Credit to Deposit (CD) ratio Performance Analysis73.55​73.5580.13​80.1382.82​82.8284.4​84.479.61​79.6183.27​83.2780.38​80.3890.79​90.7984.61​84.6178.41​78.4177.22​77.2274.4​74.477.24​77.2476.69​76.6972.56​72.5683.27​83.2779.91​79.9179.89​79.8978.29​78.2977.83​77.8377.72​77.7276.73​76.7371.52​71.5271.16​71.1668.42​68.4267.72​67.7267.53​67.5367.43​67.4366.97​66.9764.52​64.529.72​9.72-0.22​-0.22-2.93​-2.93-6.11​-6.11-1.78​-1.78-5.55​-5.55-3.65​-3.65-19.27​-19.27-13.45​-13.45-9.99​-9.99-9.5​-9.5-6.87​-6.87-9.81​-9.81-9.72​-9.72-8.04​-8.0479.74​79.7479.74​79.7479.74​79.7479.74​79.7479.74​79.7479.74​79.7479.74​79.7479.74​79.7479.74​79.7479.74​79.7479.74​79.7479.74​79.7479.74​79.7479.74​79.7479.74​79.7473.26​73.2673.26​73.2673.26​73.2673.26​73.2673.26​73.2673.26​73.2673.26​73.2673.26​73.2673.26​73.2673.26​73.2673.26​73.2673.26​73.2673.26​73.2673.26​73.2673.26​73.2613.22​13.22-0.27​-0.27-3.54​-3.54-7.24​-7.24-2.24​-2.24-6.67​-6.67-4.54​-4.54-21.22​-21.22-15.9​-15.9-12.74​-12.74-12.3​-12.3-9.23​-9.23-12.7​-12.7-12.67​-12.67-11.08​-11.08Ashwin 2080Ashwin 2081Change (%)Average Finance Companies (Ashwin 2080) (Ashwin 2080)Average (Ashwin 2081)Percentage Change (%)NFLMultiShreeCentralGMBFLBestFCManjuGoodwillICFCSamriddhiGURKHAFCReliancePokharaProgressiveJanaki-4004080120-24-1201224Highcharts.com

 

 

*****************

Summary of Key Performance Indicators (Ashwin 2081)

Balance Sheet Key Indicators

 Rs. in Billion

Bank

Loan ( Bn)

Ranking

Deposit ( Bn)

Ranking

NBA (Bn)

Ranking

Manju

        17.06

1

               20.91

1

        0.0878

7

ICFC

        15.45

2

               18.64

2

0.0177

11

Goodwill

          8.36

3

               12.84

3

    0.6103

1

Pokhara

          7.98

4

               12.42

4

        0.0813

8

GURKHAFC

          7.02

5

                 9.78

5

0.3904

2

Reliance

          6.38

6

                 8.43

7

     0.2010

5

GMBFL

          5.53

8

                 8.63

6

        0.0122

13

Shree

          6.33

7

                 7.81

8

       0.0146

12

Central

          4.86

9

                 7.70

9

        0.0216

10

Progressive

          4.64

10

                 7.05

10

     0.3450

3

BestFC

          4.32

11

                 5.52

11

  0.3081

4

Janaki

          3.16

12

                 4.44

12

         0.0010

15

NFL

          2.65

13

                 3.05

13

        0.0544

9

Samriddhi

          1.65

14

                 2.61

14

     0.1088

6

Multi

          1.54

15

                 2.30

15

        0.0116

14

Average industry

         6.46

 

                8.81

 

    0.1511

 

 

Created with Highcharts 11.4.8Finance CompaniesKey Performance Indicators ​(Amounts in Billion)KPIBalance Sheet Key Performance Indicators17.06​17.0615.45​15.458.36​8.367.98​7.987.02​7.026.38​6.385.53​5.536.33​6.334.86​4.864.64​4.644.32​4.323.16​3.162.65​2.651.65​1.651.54​1.5420.91​20.9118.64​18.6412.84​12.8412.42​12.429.78​9.788.43​8.438.63​8.637.81​7.817.7​7.77.05​7.055.52​5.524.44​4.443.05​3.052.61​2.612.3​2.30.088​0.0880.018​0.0180.61​0.610.081​0.0810.39​0.390.201​0.2010.012​0.0120.015​0.0150.022​0.0220.345​0.3450.308​0.3080.001​0.0010.054​0.0540.109​0.1090.012​0.0126.462​6.4626.462​6.4626.462​6.4626.462​6.4626.462​6.4626.462​6.4626.462​6.4626.462​6.4626.462​6.4626.462​6.4626.462​6.4626.462​6.4626.462​6.4626.462​6.4626.462​6.4628.809​8.8098.809​8.8098.809​8.8098.809​8.8098.809​8.8098.809​8.8098.809​8.8098.809​8.8098.809​8.8098.809​8.8098.809​8.8098.809​8.8098.809​8.8098.809​8.8098.809​8.8090.151​0.1510.151​0.1510.151​0.1510.151​0.1510.151​0.1510.151​0.1510.151​0.1510.151​0.1510.151​0.1510.151​0.1510.151​0.1510.151​0.1510.151​0.1510.151​0.1510.151​0.151Loans (in Bn)Deposits (in Bn)Non Banking Assets (in Bn)Finance Companies Average (Loans)Finance Companies Average (Deposits)Finance Companies Average (Non Banking Assets)ManjuICFCGoodwillPokharaGURKHAFCRelianceGMBFLShreeCentralProgressiveBestFCJanakiNFLSamriddhiMulti0510152025Highcharts.com

 

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