Mega Bank Nepal Ltd.(MEGA)

Rising Mall, Kamaladi, Kathmandu, Nepal; Ph: 01-4169250, 01-4169251, 01-4169252

RTS: Nabil Investment Banking Ltd.
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Financial Highlights (2nd quarter, 2074/075)

Earning Per Share
5.34
Net Asset Per Share
765.42
Net Worth Per Share
122.73
Paid up Capital(Rs in '000')
7376743
Reserve and Surplus(Rs in '000')
1676591
Operating Profit(Rs in '000')
473105
Net Profit(Rs in '000')
393649
Price Earning Ratio
43.03
Liquidity Ratio
25.65
Fiscal YearBonus ShareCash Dividend
Sector
Commercial Bank
Operation Date
NA
Listed Status
Yes
Face Value
100
Listed Share
40507188
Market Capitalization

The initial concept of establishing a truly inclusive MEGA Bank was envisioned by a group of individuals from a diverse range of backgrounds, two years prior to the formal inauguration of the Bank. These individuals who initially conceptualized the establishment of this institution were propelled by their vision to establish a national level financial institution that would provide the highest levels of professional banking service with a personal touch throughout the nation to all.

    It is the realization of this aspiration that led to the incorporation of Mega Bank Nepal Limited as one of the premier ‘A’ Class Commercial banks with an authorized capital of Rs.10.00 billion and an issued capital of Rs.4.05 billion. Recognizing that banking activity has been limited to the urban and semi-urban areas of Nepal, Mega Bank has been set up with the purpose of providing products and services that are currently offered in the financial sector in areas with limited access to formal finance facilities in addition to urban and semi-urban areas. The promoters share a vision to make Mega Bank a catalyst for the promotion of financial inclusion in Nepal. The Bank is truly inclusive from its very roots having been established by 1,219 promoters spread across 63 of Nepal's 75 districts.

    The promoters represented in the Board of Directors comprise of accomplished personalities from the field of Tourism, Development, Academics, Economics and Business. The Bank’s 8 member Board is being chaired by Mr. Bhoj Bahadur Shah who is an academician by profession, past President of PABSON and Vice President of All Nepal School's Sports Association.

Contact Information
Address
Rising Mall, Kamaladi, Kathmandu, Nepal
Phone
01-4169250, 01-4169251, 01-4169252
E-Mail
customercare@megabank.com.np
In Thousands1st Quarter4th Quarter3rd Quarter2nd Quarter
(except for per share items)2074/0752073/0742073/0742073/074
Share Capital 4582313 4582313 4582313 4012031
Reserve Surplus 1365382 1281473 1028720 1307605
Noncontrolling Interest - - - -
Debenture Bond 0 0 - -
Loans Borrowing 3404209 0 2062968 3536080
Deposit Liability 39393712 38936865 38443450 38517106
Domestic Currency 38728257 38363418 38279796 37984815
Foreign Currency 665455 573447 163654 532291
Bills Payable - - - -
Proposed Dividend - - - -
Income Tax Liability 17623 0 - 12741
Other Liabilities 1749670 840727 766720 672504
Non Controlling interest - - - -
Total Liabilities 50512909 45641378 46884171 48058067
Cash Balance 3647161 3747421 3963584 3975750
Balance with NRB - - - -
Balance with Banks or Financial Institutions - - - -
Money at call and Short Notice 873564 1560620 1419733 4974746
Investments 9154222 4485920 5386062 4419400
Loan Advances 35249273 34597835 34936476 34011122
Real Estate Loan 3314826 3335508 3559599 3406960
Residential Real Estate Loan 209538 288911 418741 371414
Business Complex and Residential Apartment Construction Loan 816683 568672 404630 391935
Income Generating Commerical Complex Loan 398943 0 - -
Other Real Estate Loan 1889662 2477924 2736228 2643611
Personal Home Loan of Ten Million or Less 1058937 949174 1150369 1173711
Margin Type Loan 311124 75850 101380 109721
Term Loan 60044554 6159190 5776968 5615483
Overdraf or TR Loan or WC Loan 17402527 17852241 17952400 17659385
Other 7117306 6225873 6395760 6045862
Fixed Assets 332670 302109 264559 251646
Non Banking Assets 0 0 - -
Other Assets 1256018 947473 913757 425404
Total Assets 50512909 45641378 46884171 48058068
In Thousands
Share Capital
Reserve Surplus
Noncontrolling Interest
Debenture Bond
Loans Borrowing
Deposit Liability
Domestic Currency
Foreign Currency
Bills Payable
Proposed Dividend
Income Tax Liability
Other Liabilities
Non Controlling interest
Total Liabilities
Cash Balance
Balance with NRB
Balance with Banks or Financial Institutions
Money at call and Short Notice
Investments
Loan Advances
Real Estate Loan
Residential Real Estate Loan
Business Complex and Residential Apartment Construction Loan
Income Generating Commerical Complex Loan
Other Real Estate Loan
Personal Home Loan of Ten Million or Less
Margin Type Loan
Term Loan
Overdraf or TR Loan or WC Loan
Other
Fixed Assets
Non Banking Assets
Other Assets
Total Assets
In Thousands1st Quarter4th Quarter3rd Quarter2nd Quarter
(except for per share items)2074/0752073/0742073/0742073/074
Interest Income 1172606 4123115 791413 2767911 1628269
Interest Expenses 837713 2399398 1619411 854222
Net Interest Income 334892 1723717 1148500 774047
Fees Commission and Discount 20427 70126 53805 36890
Other Operating Income 46896 179947 140474 105433
Foreign Exchange 22331 121624 115357 57798
Total Operating Income 424591 2095413 1458136 974168
Staff Expenses 107098 360382 248758 155223
Operating Profit Before Provision 232847 1366541 974865 661328
Provision for Possible Losses 163596 178850 171940 134253
Operating Profit 69251 1187691 802925 527075
Non Operating Income 13308 18403 2021 2835
Write Back Provision for Possible Losses 45029 35996 43325 50066
Profit from Regular Activities 127588 1242091 848271 579976
Extra Ordinary Income 0 0 - -
Profit Before Bonus and Taxes 127588 1242091 848271 579976
Provision for Staff Bonus 11599 112917 77116 52725
Provision for Income Tax 34797 337761 228735 156341
Non Controlling Interest - - - -
Net Profit and Loss 81192 - 542420 370910
Captila Fund to RAW 14.51 14.87 14.11 13.355
Non Performing Loan to Total Loan 1.67 1.36 0.87 0.67
Total loan loss Provision to Total NPL 119.45 123.87 190.15 230.43
Cost of Fund as per NRB Directive 7.8 6 5.5 4.47
Credit to Deposit Ratio as Per NRB Directive 78.26 70.05 70.6 79.365
Base Rate 10.72 11 11.42 8.49
Average Yield on Loans and Advance and Investment as Per NRB Directive 10.29 9.85 9.05 8.25
Net Interest Spread as Per NRB Directive 2.49 3.85 3.55 3.68
Other Operating Expenses 84646 368490 234513 157617
ROE 5.38 16.88 - -
ROA 0.65 1.73 - -
Liquidity Ratio 23.95 23.89 - -
EPS 6.88 17.27 - -
PE Ratio 66.57 26.52 - -
Net Worth Per Share 129.8 127.97 - -
Assets Per Share 1102.35 996.03 - -
In Thousands (except for per share items)
Interest Income
Interest Expenses
Net Interest Income
Fees Commission and Discount
Other Operating Income
Foreign Exchange
Total Operating Income
Staff Expenses
Operating Profit Before Provision
Provision for Possible Losses
Operating Profit
Non Operating Income
Write Back Provision for Possible Losses
Profit from Regular Activities
Extra Ordinary Income
Profit Before Bonus and Taxes
Provision for Staff Bonus
Provision for Income Tax
Non Controlling Interest
Net Profit and Loss
Captila Fund to RAW
Non Performing Loan to Total Loan
Total loan loss Provision to Total NPL
Cost of Fund as per NRB Directive
Credit to Deposit Ratio as Per NRB Directive
Base Rate
Average Yield on Loans and Advance and Investment as Per NRB Directive
Net Interest Spread as Per NRB Directive
Other Operating Expenses
ROE
ROA
Liquidity Ratio
EPS
PE Ratio
Net Worth Per Share
Assets Per Share
DateFiscal YearDurationTitle
DateQuantityRateAmount
DateCloseVolumeAmount
SNTraded DateLast PriceMkt Cap (Mil)
1Dec 06, 201821615,312.63
2Apr 03, 2014207-
3Nov 10, 2013215-
4Feb 02, 2012160-
5Dec 06, 20181748,218.06
6Jan 29, 20151843,680.10