Nepal Stock Market Update Analysis; Top 10 Companies in each sector

Nepal Stock Market Update; Growth of top 10 Companies.

As per Unaudited first quarter financial report of more than 166 listed companies, most of the companies have progressed significantly as compared to the corresponding previous year.  Few Companies' growth rate is negative whereas most of the companies' growth rate is positive. Earning per share of each company is also increased massively.

Based on percentage change, six banks have managed to increase their profit by more than 100%. The net profit of Kumari Bank has risen by 182.31%, which is highest among the Commercial Banks. Nepal Bank limited has managed to increase its net profit in amount and percentage as well.

In terms of percentage, change in the net profit of Development Banks, Yeti Development Bank has shown tremendous growth of 400.77%.

According to the analysis, Naya Nepal Laghubitta's net profit grew massively by 365.04%. In the corresponding quarter last fiscal year, the company was at a loss of Rs 4.52 lakh.

Here is the list of top 10 Companies of different sectors as per their net growth percentage.

Table 1: Nepal Stock Market Update; Growth of top 10 Companies.

S.N	Banks	Paid Up Capital (Q1)	Reserve & Surplus	Net '000'  Profit (Q1)		Increase	EPS
	Name	Rs in '000'	Rs in '000'	This  Quarter	Corresponding Previous Q1	%	Annualized
1	Kumari Bank	2,699,167.00	1,501,686.00	137,436.00	48,682.00	182.31	31.49
2	Nepal Bank	6,499,478.00	1,534,512.00	1,166,084.00	444,366.00	162.41	71.76
3	NMB Bank	5,430,062.00	2,445,788.00	353,685.00	142,855.00	147.58	31.46
4	Citizen Bank	5,537,352.00	1,648,217.00	345,157.00	142,780.00	141.74	24.93
5	Sunrise Bank	5,301,396.00	1,096,387.00	253,116.00	117,802.00	114.86	19.10
6	Siddhartha Bank	3,375,119.00	3,589,818.00	359,676.00	172,036.00	109.07	47.61
7	Everest Bank	2,742,604.00	6,383,001.00	513,421.00	263,703.00	94.69	77.13
8	Nepal Bangladesh B	4,011,759.00	2,252,594.00	225,019.00	124,892.00	80.17	22.00
9	NIB	8,706,612.00	8,321,939.00	740,800.00	423,834.00	74.78	34.03
10	Mega Bank	3,240,575.00	2,609,600.00	146,947.00	84,348.00	74.21	17.80
	Dev. Bank
1	Yeti Dev Bank	1,386,233.00	115,216.00	66,228.00	13,225.00	400.77	19.11
2	Western Dev Bank	156,960.00	67,656.14	2,958.38	758.59	289.98	7.53
3	Bhargav Bikas	120,000.00	49,291.00	6,581.65	1,977.30	232.86	21.93
4	Saptakosi Dev Bank	100,000.00	6,325.00	695.00	(543.00)	227.99	0.69
5	Sajha Bikas Bank	100,000.00	(24,961.49)	5,037.65	(4,862.30)	203.60	5.04
6	Mission Dev Bank	194,999.00	86,000.00	17,300.00	6,651.00	161.11	8.91
7	Jyoti Bikas Bank	987,026.00	307,208.00	43,576.00	16,954.00	157.02	17.66
8	Kailash Bikas	1,580,336.00	994,368.00	130,198.00	51,931.00	150.71	32.96
9	Sahayogi Bikas Bank	257,877.00	150,317.00	15,517.00	6,517.00	138.10	24.07
10	Araniko Dev Bank	257,800.00	138,800.00	8,172.00	3,597.00	127.18	12.68
	Finance
1	Gorkhas Finance	578,662.00	275,198.00	63,570.00	2,879.00	2,108.05	43.92
2	Janaki Finance	310,781.00	245,299.14	17,542.57	1,685.68	940.68	5.64
3	Sagarmatha Finance	369,298.70	230,567.77	32,762.94	3,493.30	837.87	35.49
4	Srijana Finance Ltd	211,673.31	163,834.24	14,715.51	3,487.46	321.95	27.80
5	ICFC Finance	800,000.00	343,412.00	66,125.00	17,800.00	271.48	38.60
6	Central Finance	246,757.00	157,953.00	2,992.00	(3,910.00)	176.52	1.21
7	United Finance	643,800.00	176,884.00	10,220.00	3,963.00	157.88	6.35
8	Pokhara Finance	491,100.00	210,300.00	16,400.00	7,503.00	119.55	13.41
9	Union Finance	176,585.00	(60,576.00)	3,982.00	(29,057.00)	113.70	2.25
10	Hama Merchant	221,000.00	200,000.00	3,448.00	1,680.00	105.23	6.24
	Microfinance
1	Naya Nepal Micro	20,000.00	12,752.00	1,198.00	(452.00)	365.04	23.96
2	Nepal Grameen Bikas	557,500.00	45,885.00	30,126.00	10,974.00	174.52	21.62
3	Laxmi Microfinance	110,000.00	95,756.00	24,873.00	10,330.00	140.78	90.54
4	Suryodaya Laghubitta	28,000.00	24,056.00	6,682.56	2,974.74	124.64
5	National Microfinance	100,000.00	66,524.00	18,391.00	8,330.00	120.78	73.56
6	NMB Microfinance	86,300.00	31,000.00	9,485.00	4,587.00	106.78	43.94
7	Nirdhan Utthan	600,000.00	655,165.00	157,080.00	79,967.00	96.43	41.89
8	Vijaya Laghubitta	140,000.00	38,007.14	7,537.18	4,186.80	80.02	21.52
9	Nerude Laghubitta	180,000.00	221,053.04	14,195.00	8,131.00	74.57	31.54
10	Sana Kisan Bikas	402,449.88	995,184.84	79,137.76	48,862.17	61.96	78.66
	Non Life Insurance
1	RBCL	124,440.00	1,936,232.00	234,733.00	22,472.00	944.55	188.63
2	NICL	287,608.00	142,104.00	24,965.00	5,959.00	318.94	7.61
3	United Insurance	252,000.00	205,208.00	16,555.03	5,180.00	219.59	26.27
4	Sagarmatha Ins	441,223.00	356,544.00	30,936.00	10,491.00	194.88	7.01
5	Neco Insurance	324,043.00	123,489.00	25,082.00	9,846.00	154.74	30.96
6	Shikhar Insurance	509,897.30	464,467.01	87,018.24	42,338.61	105.52	68.26
7	Lumbini General Ins	330,000.00	115,240.00	38,867.00	20,844.00	86.46	47.11
8	Himalayan General	321,000.00	139,583.00	19,794.00	12,012.00	64.78	6.17
9	Premier Insurance	373,753.00	287,502.00	20,440.00	13,559.00	50.74	19.83
10	Siddhartha Insurance	344,850.00	165,078.00	38,025.00	28,755.16	32.23	11.03