National Housing Finance and Investments Limited (NHFIL) registered a steady growth in net profit during last five years, facilitating it to pay dividend at an incremental rate over the period.
The operational income rose gradually during the years from 2013 to 2017, leaving a positive impact on the net profit and net asset value (NAV) per share of the company.
The company reported its operational income of Tk 368.22 million in 2013, Tk 436.0 million in 2014, Tk 553.27 million in 2015, Tk 603.30 million in 2016 and Tk 626.52 million in 2017.
Besides, the NHFIL displayed an upward trend in return on equity (ROE) ratio, which measures a company's profitability by revealing how much profit a company generates with the money shareholders have invested.
The ROE of NHFIL was 14.30 per cent in 2013, 14.31 per cent in 2014, 15.01 per cent in 2015, 15.18 per cent in 2016 and 15.29 per cent in 2017, according to the company's financial statement for the year ended on December 31, 2017.
"… despite many challenges and continuous anemic conditions obtaining in the capital market for last several years, the company was successful in performing better in the year 2017, based mainly on its core business," the company's Managing Director Md. Khalilur Rahman said in the financial statement of 2017.
The amount of the company's housing loan gradually rose during 2013 to 2016 and marginally declined in 2017 compared to the previous year.
The amount of housing loan was Tk 836.35 million in 2013, Tk 1.12 billion in 2014, Tk 2.29 billion in 2015, Tk 2.85 billion in 2016 and Tk 2.17 billion in 2017.
The company's total loan portfolio gradually increased in last five years. The loan portfolio was Tk 4.86 billion in 2013, Tk 5.56 billion in 2014, Tk 7.39 billion in 2015, Tk 9.04 billion in 2016 and Tk 10.37 billion in 2017.
During the period, the company reduced the non-performing loans (NPLs). The NPL ratio was 6.47 per cent in 2013, 5.71 per cent in 2014, 5.61 per cent in 2015, 4.95 per cent in 2016 and 5.06 per cent in 2017.
The company reported its earnings per share (EPS) of Tk 1.57 in 2013, Tk 1.97 in 2014, Tk 2.17 in 2015, Tk 2.29 in 2016 and Tk 2.40 in 2017.
The net asset value (NAV) per share was Tk 13.40 in 2013, Tk 14.12 in 2014, Tk 14.79 in 2015, Tk 15.39 in 2016 and Tk 15.98 in 2017.
The company's earnings per share (EPS), however, marginally declined for January-March, 2018 compared to same period of the previous year.
The company reported its EPS of Tk 0.48 for January-March 2018 as against Tk 0.56 for January-March 2017.
The net operating cash flow per share (NOCFPS) was Tk 16.43 for January-March 2018 as against Tk 8.05 for January-March 2017.
The net asset value (NAV) per share was Tk 16.46 as on March 31, 2018 and Tk 15.94 as on March 31, 2017.
The NHFIL, an 'A' category company, was listed with the stock exchanges in 2009.
According to DSE information, the company's sponsor-directors hold 60.68 per cent shares, government holds 9.34 per cent, institutions 18.81 per cent and general shareholders hold 11.17 per cent shares as of June 30, 2018.
The company's share price closed at Tk 39.30 each on Thursday with a marginal fall of 2.46 per cent or Tk 1.0 on the Dhaka Stock Exchange (DSE).
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