Agricultural Development Bank Limited

BankingMid Cap

NPR 337.40

NPR +1.5+0.45%

09:14 AM NPT · Nov 6, 2026

Est. 1968-01-21 · Ramshah Path, Kathmandu, Nepal · CEO: Govinda Gurung

Agriculture Development Bank Limited (ADBL) is one of Nepal’s leading “A-class” commercial banks with a strong legacy in rural and agricultural financing. Established originally as the Agricultural Development Bank in 1968, the institution played a pivotal role in providing credit to farmers, small entrepreneurs, and rural industries. Later, under BAFIA 2005, it transformed into a full-fledged public-limited commercial bank, combining its developmental mission with modern banking services. Today, ADBL operates a widespread branch network across all seven provinces and 77 districts, offering comprehensive services such as savings, loans, remittance, trade finance, digital banking, and business lending—while maintaining a strong focus on agricultural and rural development. The bank is majority-owned by the Government of Nepal (51%), with the remaining 49% held by the public, employees, and customers, giving it both a national responsibility and corporate strength. The current CEO of ADBL is Mr. Govinda Gurung, appointed on February 20, 2023, who brings more than 28 years of banking experience in Nepal and abroad. Under his leadership, the bank continues to expand its reach, enhance service quality, and strengthen its role as a key contributor to Nepal’s agricultural and economic growth.

adbl.gov.np/facebook linkedin

Trading

Open

335.00

High

360.00

Low

335.00

Prev Close

335.90

Volume

27,703

Turnover

Rs 9,371,125.8

Txns

Valuation · Q4 FY25/26

EPS Ann.

16.11

EPS TTM

13.33

BVPS

197.11

P/E Ann.

20.94

P/E TTM

25.31

Graham #

267.30

Capital

Mkt Cap

48.27 Arab

Total

14.31 Crore

Public

7.01 Crore

Promoter

7.3 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Sell

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

61.22

ADX

70.44

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

329.33

SMA 50

313.71

Bands & Channels

BB Width %

15.95%

Volume & Flow

OBV

7,628,063

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

507,202

Shares Bought

Total Sell

507,202

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 33%

Distribution 67%

Accumulators

Quantity

120,095

Amount

40,816,601

Avg Rate

339.87

Rank

#15

Brokers

#63#6#48

Distributors

Quantity

240,541

Amount

81,740,444

Avg Rate

339.82

Rank

Brokers

#33#44#4#17#50

Net Flow Impact:

-120,446units

(Rs. -40,923,844)

Net Flow by Timeframe

ADBL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 683,768 ]

Buy Side

Total: 325,144

Broker

QTY

AVG

NET

47,100

341.51

+47,100

9.3%

36,702

339.76

+33,217

7.2%

36,293

337.86

+29,289

7.2%

35,060

341.55

+22,923

6.9%

26,901

340.56

+25,602

5.3%

22,568

338.35

+18,783

4.5%

101

22,407

341.45

+22,407

4.4%

21,027

339.44

+18,845

4.2%

21,010

339.86

+18,748

4.1%

18,010

341.10

+8,486

3.5%

15,000

337.93

+14,690

3.0%

7,120

336.87

+7,120

1.4%

6,479

341.46

+366

1.3%

5,457

336.43

+2,219

1.1%

4,010

341.96

+1,374

0.8%

Sell Side

Total: 358,624

Broker

QTY

AVG

NET

102,926

339.07

-48,799

20.3%

72,455

339.97

-29,028

14.3%

25,395

340.97

-24,164

5.0%

23,603

340.64

-21,673

4.7%

19,644

340.80

-3,295

3.9%

16,162

340.95

-15,109

3.2%

13,899

339.30

-5,954

2.7%

13,562

338.21

-13,462

2.7%

13,434

339.20

-10,340

2.6%

12,063

339.51

-12,005

2.4%

11,968

338.69

-10,858

2.4%

9,746

339.25

-6,897

1.9%

8,481

341.35

-8,438

1.7%

7,951

340.71

-7,376

1.6%

7,335

337.89

-6,276

1.4%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Assets
Cash & Liquidity
Cash & Cash Equivalent	8,158,717	4,706,777	4,393,914	0	+73.34%
Money at Call & Short Notice	36,675,360	32,670,061	14,669,373	0	+12.26%
Due from NRB	18,795,908	22,821,623	8,783,231	0	-17.64%
Placement with B/FIs	17,879,453	9,848,438	5,886,143	0	+81.55%
Loans & Advances
Loans and Advances	249,084,289	216,043,234	205,045,872	0	+15.29%
Breakdown
Loans & Advances to B/FIs	1,939,065	2,900,424	3,279,990	0	-33.15%
Loans & Advances to Customers	247,145,224	213,142,809	201,765,882	0	+15.95%
Investments
Investment Securities	114,523,675	96,447,099	75,533,173	0	+18.74%
Investment in Subsidiaries	29,013	29,013	28,840	0	0.00%
Investment in Associates	0.00	0.00	0.00	0	-
Investment Property	1,377,920	1,308,436	943,089	0	+5.31%
Other Assets
Derivative Financial Instruments	34,492	0	0	0	-
Other Trading Assets	1,265,696	1,666,619	1,216,149	0	-24.06%
Current Tax Assets	424,299	0	0	0	-
Deferred Tax Assets	0.00	0.00	0.00	0	-
Goodwill and Intangible Assets	20,092	23,142	73,200	0	-13.18%
Property & Equipment	2,421,831	2,452,111	2,214,341	0	-1.23%
Other Assets	7,863,320	8,845,343	10,163,423	0	-11.10%
Total Assets	420,134,125	362,502,074	312,992,025	0	+15.90%
Liabilities
Borrowings & Funding
Borrowings	24,386,253	21,221,911	23,344,069	0	+14.91%
Borrowing	2,553,414	169,291	2,664,573	0	+1408.30%
Debt Securities Issued	20,486,926	20,481,846	20,479,120	0	+0.02%
Subordinated Liabilities	0.00	0.00	0.00	0	-
Interbank & NRB
Due to B/FIs	1,345,912	570,773	197,019	0	+135.81%
Due to NRB	0.00	0.00	3357.33	0	-
Deposits	347,219,869	2,804,657	243,589,841	0	+12280.12%
Other Liabilities
Derivative Financial Instruments	34,492	0	0	0	-
Provisions	0.00	0.00	0.00	0	-
Current Tax Liabilities	0.00	0.00	286572.36	0	-
Deferred Tax Liabilities	391,658	457,353	425,415	0	-14.36%
Other Liabilities	9,230,017	5,287,371	8,194,002	0	+74.57%
Other Liabilities & Provisions	9,621,676	299,319,567	8,905,989	0	-96.79%
Total Liabilities	381,227,797	323,346,135	275,839,899	0	+17.90%
Shareholders Equity
Paid Up Capital	19,738,231	19,287,936	18,884,386	0	+2.33%
Share Premium	0.00	0.00	0.00	0	-
Reserves & Surpluses
Reserves	17,905,910	16,990,027	15,604,982	0	+5.39%
Reserves & Surpluses	19,168,097	19,868,002	18,267,740	0	-3.52%
Retained Earnings	1,262,187	2,877,976	2,662,758	0	-56.14%
Non-Controlling Interest	0.00	0.00	0.00	0	-
Total Equity	38,906,328	39,155,939	37,152,126	0	-0.64%
Total Liabilities & Equity	420,134,125	362,502,074	312,992,025	0	+15.90%

Sector Peers — Banking (26)

Peer Comparison

Banking SECTOR — NEPAL

2025/2026 Q4

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	Book Value Per Share	C/D Ratio%	Debt to Equity	EPS (Annualized)	EPS (TTM)	Graham's Number	Interest Rate Spread	Net Interest Margin	Net Profit Margin	NPL%	P/B	P/E (Annualized)	P/E (TTM)	P/S	ROA (Annualized)	ROA (TTM)%	ROE (Annualized)	ROE (TTM)%
BOKL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CCBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CZBIL	219	-0.99	-0.45%	0.04	0.06	160.51	75.72%	9.79	13.53	13.53	221.05	3.48	3.67	13.97	5.88%	1.23	14.55	15.74	2.03	0.81	0.81%	8.77	8.77%
EBL	712	-0.5	-0.07%	0.1	0.05	256.47	77.57%	9.9	36.95	36.95	461.76	3.05	3.71	25.22	0.49%	2.71	18.81	18.97	4.74	1.35	1.35%	15.08	15.08%
GBIME	266	+0.8	+0.3%	0.1	0.05	183.14	68.43%	10.76	16.34	16.34	259.48	3.29	3.54	15.45	4.96%	1.31	14.69	15.97	2.27	0.82	0.82%	9.05	9.05%
HBL	200.9	-0.91	-0.45%	0.05	0.06	177.48	72.74%	9.43	6.56	6.56	161.85	2.83	3.67	6.5	7.96%	1.1	29.65	30.18	1.93	0.37	0.37%	3.79	3.79%
KBL	230	-0.99	-0.43%	0.06	0.06	170.8	77.14%	9.95	28.17	28.17	329.02	3.11	4.21	25.95	7.46%	1.23	7.45	8.06	1.94	1.58	1.58%	17.99	17.99%
LBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LSL	274.9	+6.89	+2.57%	0.07	0.06	177.02	74.77%	9.8	11.64	11.64	215.32	3.22	3.66	11.8	5.23%	1.22	18.48	21.17	2.18	0.65	0.65%	6.71	6.71%
MBL	266	-4	-1.48%	0.03	0.06	156.01	78.45%	9.89	14.01	14.01	221.76	3.48	3.55	15.4	3.98%	1.59	17.7	18.62	2.73	0.89	0.89%	9.93	9.93%
MEGA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NABIL	549	-0.99	-0.18%	0.16	0.06	224.31	80.18%	9.22	24.66	24.66	352.79	3.18	3.56	20.82	4.2%	2.38	21.69	22.83	4.52	1.15	1.15%	11.65	11.65%
NBB	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NBL	306	0	0%	0.04	0.05	287.7	62.85%	10.46	30.63	30.63	445.28	3.54	3.92	20.49	4.18%	0.91	8.54	9.68	1.75	1.01	1.01%	11.18	11.18%
NCCB	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NICA	348	-2.1	-0.6%	0.05	0.06	172.32	61.07%	14.32	1.22	1.22	68.78	3.5	3.9	0.79	9.26%	1.89	266.48	269.18	2.13	0.04	0.04%	0.65	0.65%
NIMB	205.1	-2.7	-1.3%	0.07	0.05	197.71	68.17%	8.09	8.05	8.05	189.24	3.15	3.84	8.73	8.66%	0.96	23.6	24.32	2.06	0.46	0.46%	4.07	4.07%
NMB	273.6	-0.3	-0.11%	0.05	0.06	170.79	82.77%	9.44	18.01	18.01	263.07	3.43	3.6	19.07	4.91%	1.4	13.3	14.32	2.54	1.07	1.07%	11.36	11.36%
PCBL	271.4	+2.39	+0.89%	0.06	0.07	175.8	83.36%	8.12	19.63	19.63	278.65	3.66	3.88	19.02	6.69%	1.36	12.22	13.19	2.33	1.25	1.25%	11.65	11.65%
PRVU	187.6	+0.6	+0.32%	0.05	0.05	140.92	67.86%	11.42	-1.02	-1.02	-	3.28	4.18	-1.09	15.55%	1.35	-185.88	-185.39	2.03	-0.05	-0.05%	-0.67	-0.67%
SANIMA	400	0	0%	0.05	0.06	177.07	80.77%	9.55	22.78	22.78	301.26	3.39	3.42	21.38	1.02%	1.98	15.36	16.24	3.28	1.28	1.28%	14.05	14.05%
SBI	438	+4.08	+0.94%	0.05	0.06	194.73	71.16%	10.25	18.04	18.04	281.14	3.21	3.51	14.11	2.92%	2.02	21.78	22.53	3.08	0.84	0.84%	9.59	9.59%
SBL	436.5	+2.82	+0.65%	0.07	0.06	201.81	73.63%	9.56	19.24	19.24	295.57	3.69	3.73	16.71	1.06%	1.96	20.53	23.28	3.43	0.96	0.96%	10.36	10.36%
SCB	671.6	-0.4	-0.06%	0.07	0.04	225.77	47.24%	6.94	28.38	28.38	379.69	3.77	5.62	38.39	2.03%	2.95	23.47	23.15	9.01	1.7	1.7%	12.82	12.82%
SRBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	347.53	0.21	0.03%	0.06	0.057	191.69	72.44%	9.83	17.6	17.6	277.98	3.35	3.84	16.26	5.36%	1.642	20.13	21.224	2.999	0.9	0.9%	9.34	9.34%
MED	274.25	-0.35	-0.07%	0.06	0.06	177.27	74.2%	9.8	18.03	18.03	278.65	3.34	3.69	16.08	4.94%	1.38	18.09	18.795	2.3	0.93	0.93%	10.15	10.15%
MAX	712	6.89	2.57%	0.16	0.07	287.7	83.36%	14.32	36.95	36.95	461.76	3.77	5.62	38.39	15.55%	2.95	266.48	269.18	9.01	1.7	1.7%	17.99	17.99%
MIN	187.6	-4	-1.48%	0.03	0.04	140.92	47.24%	6.94	-1.02	-1.02	68.78	2.83	3.42	-1.09	0.49%	0.91	-185.88	-185.39	1.75	-0.05	-0.05%	-0.67	-0.67%