Suryodaya Womi Q2 Report Posts Rs 117.14M Profit
12th February 2026, Kathmandu
Suryodaya Womi Laghubitta Bittiya Sanstha Limited has released its unaudited financial statements for the second quarter (Q2) of the fiscal year 2082/83, showcasing a strong recovery in a challenging microfinance environment. For the period ending Poush 2082 (mid-January 2026), the institution reported a net profit of Rs 117.14 million, a significant leap compared to the Rs 37.52 million recorded in the same period last year
Suryodaya Womi Q2 Report
This surge in profitability reflects the company’s success in navigating the sector-wide credit stress while maintaining healthy net interest margins.
Financial Performance and Net Interest Income
The institution’s earnings growth is primarily driven by robust interest based operations and controlled borrowing costs.
Net Interest Income: For the first half of the fiscal year, Suryodaya Womi generated Rs 430.38 million in net interest income. This was the result of Rs 804.63 million in interest income against Rs 374.25 million in interest expenses.
Quarterly Profit: For the second quarter alone, the institution added Rs 54.68 million to its bottom line, contributing to the cumulative year-to-date (YTD) profit of Rs 117.14 million.
Total Operating Income: The total operating income reached Rs 497.69 million, supported by service charges and commission income from its lending activities.
Operating Profit: The profit before tax stood at Rs 167.34 million, indicating a strong operational buffer before accounting for tax liabilities.
Shareholder Value and Earnings Metrics
The improved profitability has significantly bolstered the company’s valuation metrics on the Nepal Stock Exchange (NEPSE).
Earnings Per Share (EPS): The annualized EPS now stands at a healthy Rs 21.18. This is a substantial improvement that strengthens the institution’s ability to provide dividends in the future.
Net Worth Per Share: The net worth per share is reported at Rs 146.33, indicating a solid internal fund base.
Price to Earnings (P/E) Ratio: At the current market price of approximately Rs 660, the P/E ratio stands at 31.17, which is considered competitive within the microfinance sub-index.
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Total Assets: The institution’s balance sheet has expanded, with total assets now exceeding Rs 12.64 billion.
Asset Quality and Regulatory Compliance
While profitability is high, the institution, like many of its peers, is managing an elevated Non Performing Loan (NPL) ratio due to the current economic landscape in rural Nepal.
Non Performing Loan (NPL) Ratio: The NPL ratio is recorded at 12.86 percent. While high, the company has mitigated this risk with a total loan loss provision to NPL coverage of 81.66 percent.
Capital Adequacy Ratio (CAR): The company maintains a CAR of 11.80 percent, which remains above the regulatory minimum required by Nepal Rastra Bank (NRB).
Cost of Funds: The institution has managed to keep its cost of funds at a manageable 7.23 percent, allowing for a healthy interest rate spread of 7.72 percent.
Recent Dividend and Capital History
Suryodaya Womi has a consistent history of rewarding its shareholders. For the fiscal year 2080/81, the company distributed a total dividend of 6.9624 percent, which included 6 percent bonus shares and 0.9624 percent cash for tax purposes. This followed a 15 percent bonus share distribution in the previous cycle, highlighting the company’s commitment to capital growth through stock dividends.
Market Performance (NEPSE: SWMF)
The stock remains an active participant in the microfinance sector of NEPSE.
Last Traded Price: Rs 660.20 (as of February 10, 2026).
52-Week High/Low: Rs 868.10 – Rs 641.10.
Listed Shares: 11,062,866 units.
Paid-up Capital: Rs 1.106 billion.
Strategic Outlook and Network
Suryodaya Womi currently operates a vast network of 171 branch offices across 55 districts, serving over 194,000 households. The company is focusing on digital transformation to reduce operational costs, integrating platforms like eSewa, Khalti, and mobile banking into its service delivery model.
The management’s future strategy involves “quality over quantity,” focusing on improving the NPL ratio by strengthening recovery mechanisms and providing financial literacy training to its members.
Conclusion
The Suryodaya Womi Q2 Report for 2082/83 confirms a period of strong financial recovery. With a net profit of Rs 11.71 crore and an annualized EPS of Rs 21.18, the institution is well-positioned to navigate the ongoing challenges in the microfinance sector. While the 12.86 percent NPL ratio requires close monitoring, the 81 percent provisioning coverage and a 7.72 percent interest spread provide a solid foundation for continued growth in the upcoming quarters.
For More: Suryodaya Womi Q2 Report
