ProgressiveFinance Ltd.(PROFL)

Pako Newroad, Ktm, Nepal; Ph: 01-4246402

RTS: Self
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Financial Highlights (4th quarter, 2073/074)

Earning Per Share
6.68
Net Asset Per Share
385.08
Net Worth Per Share
104.6
Paid up Capital(Rs in '000')
210000
Reserve and Surplus(Rs in '000')
9652
Operating Profit(Rs in '000')
8908
Net Profit(Rs in '000')
14035
Price Earning Ratio
29.79
Liquidity Ratio
31.38
Fiscal YearBonus ShareCash Dividend
Sector
Finance
Operation Date
NA
Listed Status
Yes
Face Value
100
Listed Share
2100000
Market Capitalization

Progressive Finance Limited is a public limited company which is registered at 2051 Ashwin 14 under the company act 2021 B.S. and approved by the Government of Nepal.On 2052/09/18 Progressive Finance Limited has got “C” class licensed of financial institution from NRB under 2062 31’1’act.It is located at heart of city Pako, New Road, Kathmandu. Its operation started at 14 Falgun 2052 B.S.The name of the finance has been changed to Progressive Finance Limited from Merchant Finance Limited since 2067 upon approval of company’s annual general meeting,Nepal Rastra Bank & Company Registar’s office.

Contact Information
Address
Pako Newroad, Ktm, Nepal
Phone
01-4246402
E-Mail
info@pfltd.com.np
RTS
Self
In Thousands3rd Quarter2nd Quarter1st Quarter
(except for per share items)2073/0742073/0742073/074
Share Capital 210000 210000 200160
Reserve Surplus 7298.23 8428.23 2556.56
Noncontrolling Interest - - -
Debenture Bond 0 - -
Loans Borrowing 0 - -
Deposit Liability 562758.33 532685.95 519209.46
Domestic Currency 562758.33 532685.95 519209.46
Foreign Currency 0 - -
Bills Payable - - -
Proposed Dividend - - -
Income Tax Liability 5006.42 4151.22 1272.5
Other Liabilities 38480.45 33350.12 28324.69
Non Controlling interest - - -
Total Liabilities 823543.44 788615.52 751523.21
Cash Balance 206605.11 170544.57 152825.26
Balance with NRB - - -
Balance with Banks or Financial Institutions - - -
Money at call and Short Notice 0 - -
Investments 6860.01 11484.88 15830.8
Loan Advances 581560.27 578789.44 557922.72
Real Estate Loan 44996.96 44996.96 3087.46
Residential Real Estate Loan 0 - -
Business Complex and Residential Apartment Construction Loan 0 - -
Income Generating Commerical Complex Loan 0 - -
Other Real Estate Loan 44996.96 44996.96 3087.46
Personal Home Loan of Ten Million or Less 6242.76 14611.88 33868.27
Margin Type Loan 77245.71 75626.18 40973.42
Term Loan 60245.62 61021.78 86826.09
Overdraf or TR Loan or WC Loan 30049.63 34313.09 52762.96
Other 362779.58 348219.55 340404.52
Fixed Assets 7182.67 7130.32 7039.68
Non Banking Assets 0 - -
Other Assets 21335.39 20666.31 17931.74
Total Assets 823543.44 788615.52 751550.2
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 Thousands3rd Quarter2nd Quarter1st Quarter
(except for per share items)2073/0742073/0742073/074
Interest Income 44971.45 33237.17 11589.9
Interest Expenses 20464.93 20790.21 9989.55
Net Interest Income 24506.52 12446.96 1600.35
Fees Commission and Discount 1120.03 32.56 18.79
Other Operating Income 3184.31 4355.19 1567.55
Foreign Exchange 0 - -
Total Operating Income 28810.86 16834.71 3186.69
Staff Expenses 10574.55 3536.84 1971.45
Operating Profit Before Provision 8985.9 9755.54 -557.09
Provision for Possible Losses 16360.17 6343.6 1857.31
Operating Profit -7374.27 3411.94 -2414.4
Non Operating Income 188.73 - -
Write Back Provision for Possible Losses 22425.01 - -
Profit from Regular Activities 15239.48 3411.94 -2414.4
Extra Ordinary Income 0 9810.51 2107.29
Profit Before Bonus and Taxes 15239.48 13222.45 -307.11
Provision for Staff Bonus 1385.41 1257.94 385.61
Provision for Income Tax 0 4151.22 1272.5
Non Controlling Interest - - -
Net Profit and Loss 13854.07 7813.29 -1965.22
Captila Fund to RAW 17.6 35.05 32.84
Non Performing Loan to Total Loan 7.07 1.51 0.96
Total loan loss Provision to Total NPL 61.31 151.06 213.7
Cost of Fund as per NRB Directive 5.82 8.12 6.81
Credit to Deposit Ratio as Per NRB Directive 66.07 76.51 77.1
Base Rate 0 - -
Average Yield on Loans and Advance and Investment as Per NRB Directive 0 - -
Net Interest Spread as Per NRB Directive 0 - -
Other Operating Expenses 9250.4 3542.33 1772.33
ROE 0 - -
ROA 0 - -
Liquidity Ratio 38.9 - -
EPS 18.47 - -
PE Ratio 15.81 - -
Net Worth Per Share 85.06 - -
Assets Per Share 599.47 - -
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
In Thousands (except for per share items)
Net Profit to Gross Income
Earning per Share
Market Value per Share
Price Earning Ratio
Dividend on Share Capital
Capital Adequacy Fund
Cash Dividend
Interest Income to Loan and Advance
Staff Expenses to Total Operating Expenses
Interest Expenses to Total Deposit and Borrow
Exchange Gain to Total Assets
Exchange Fluctuation Income or Total Income
Staff Bonus to Total Staff Expenses
Net Profit to Loan and Advance
Net Profit to Total Assets
CD Ratio
Total Operating Expenses to Total Assets
Core Capital
Supplementary Capital
Total Capital Fund
Liquidity
Nonperforming Loan to Total Loan
Weighted Average Interest Rate Spread
Return of Asset
Book Net Worth
Book Net Worth per Share
Total Shares
Total Staff
Return on Equity
DateFiscal YearDurationTitle
DateQuantityRateAmount
DateCloseVolumeAmount
SNTraded DateLast PriceMkt Cap (Mil)
1Jul 10, 2014122134.20
2Sep 24, 2014124168.59
3Sep 16, 2015127256.17
4Aug 28, 2011102102.00
5Sep 07, 20119494.00
6Dec 11, 201196961.73