Excel Development Bank Ltd.

Development BankMid Cap

NPR 579.00

NPR +6.5+1.14%

09:14 AM NPT · Sep 15, 2026

Est. July 21, 2005 · Mukti Chowk, Ward No.-7, Birtamode Municipality, Jhapa, Nepal · CEO: Dr. Indra Kumar Kattel

For more than five decades, Nepal’s development banking sector was dominated by government-owned institutions. With economic liberalization, the private sector began establishing development banks licensed by Nepal Rastra Bank. Among these emerging institutions, Excel Development Bank Limited stands out as a trusted and community-focused development bank. It is licensed under the Banking and Financial Regulation Act, 2061, ensuring regulatory compliance and operational reliability. Promoted by a diverse group of experienced professionals—including bankers, entrepreneurs, educationalists, and technocrats—Excel Development Bank reflects strong leadership and broad sectoral insight. Its central office is located in Birtamode, Jhapa, in Nepal’s far-eastern region. The bank’s operational coverage extends across several districts including Ilam, Jhapa, Morang, Sunsari, Panchthar, Udayapur, Dhankuta, and Sankhuwasabha, enabling widespread access to modern financial services. Excel Development Bank is committed to offering simple, transparent, and customer-friendly banking services, especially to rural and underserved communities. The bank emphasizes modern yet accessible banking procedures, ensuring that even first-time customers can easily navigate financial transactions. With competitive interest rates, the bank prioritizes delivering real value to depositors while also encouraging entrepreneurship and productive economic investment. Excel Development Bank aims to serve as a catalyst for regional development, strengthening local economies through responsible lending, trustworthy financial services, and its dedication to customer satisfaction.

Trading

Open

600.00

High

600.00

Low

570.00

Prev Close

572.50

Volume

23,291

Turnover

Rs 13,394,170

Txns

0

Valuation · Q4 FY25/26

EPS Ann.

24.76

EPS TTM

24.76

BVPS

177.85

P/E Ann.

23.38

P/E TTM

23.38

Graham #

314.77

Capital

Mkt Cap

7.24 Arab

Total

1.25 Crore

Public

61.24 Lakh

Promoter

63.73 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Moderate

Momentum

RSI (14)

51.36

ADX

24.86

Overall Score

58
Below Line

Technical Score

Moving Averages

SMA 20

574.38

SMA 50

575.16

Bands & Channels

BB Width %

5.1%

Volume & Flow

OBV

4,877,154

Flow Analysis

[ Live 2026-09-15 ]

Total Buy

31,094

Shares Bought

Total Sell

31,094

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

56

Participating

ACCUM/DIST

Accumulation 47%

Distribution 53%

Accumulators

3

Quantity

15,376

Amount

8,815,617

Avg Rate

573.34

Rank

#13

Brokers

#65#22#56

Distributors

2

Quantity

17,669

Amount

10,125,233

Avg Rate

573.05

Rank

#13

Brokers

#14#39

Net Flow Impact:

-2,293units
(Rs. -1,309,616)

Net Flow by Timeframe

EDBL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 52,288 ]

Buy Side

Total: 23,807

Broker

QTY

AVG

NET

%

65

10,310

572.91

+10,000

33.2%

22

3,266

576.15

+3,266

10.5%

56

1,800

570.67

+1,700

5.8%

58

1,550

576.25

+1,313

5.0%

43

1,255

593.13

+1,255

4.0%

48

1,000

575.41

+800

3.2%

53

1,000

572.47

+1,000

3.2%

32

700

562.96

+700

2.3%

7

665

564.91

+24

2.1%

6

600

561.83

+600

1.9%

28

534

578.36

+534

1.7%

51

500

566.50

+500

1.6%

54

250

559.00

+250

0.8%

96

200

568.70

+200

0.6%

49

177

568.78

+92

0.6%

Sell Side

Total: 28,481

Broker

QTY

AVG

NET

%

14

15,900

572.81

-14,640

51.1%

34

1,915

575.32

-932

6.2%

39

1,769

575.21

-1,368

5.7%

21

1,270

571.65

-112

4.1%

47

1,150

557.15

-23

3.7%

44

1,007

577.10

-707

3.2%

1

1,000

577.90

-1,000

3.2%

3

1,000

573.29

-1,000

3.2%

57

779

565.24

-769

2.5%

42

720

578.03

-280

2.3%

19

500

562.04

-500

1.6%

17

460

564.03

-335

1.5%

61

400

568.00

-400

1.3%

36

311

558.28

-100

1.0%

40

300

566.80

-300

1.0%

Financial Fundamentals

Financial MetricFY25/26 Q4FY24/25 Q4FY23/24 Q4FY22/23 Q4Growth %
Assets
Cash & Liquidity
Cash & Cash Equivalent1,407,6571,487,4082,057,9310-5.36%
Money at Call & Short Notice1,423,765611,096304,4520+132.99%
Due from NRB1,423,765611,096304,4520+132.99%
Placement with B/FIs0.000.000.000-
Loans & Advances
Loans and Advances13,392,67212,294,17011,227,9970+8.94%
Loans & Advances to B/FIs204,037190,333397,1300+7.20%
Loans & Advances to Customers13,188,63512,103,83710,830,8680+8.96%
Investments
Investment Securities4,191,0074,003,5613,092,1270+4.68%
Investment in Subsidiaries0.000.000.000-
Investment in Associates0.000.000.000-
Investment Property584,556414,764308,7110+40.94%
Other Assets
Derivative Financial Instruments0.000.000.000-
Other Trading Assets58,911000-
Current Tax Assets0.0048588.4721649.310-100.00%
Deferred Tax Assets0.000.000.000-
Goodwill and Intangible Assets2,8641,3612,3410+110.41%
Property & Equipment191,995183,156213,5970+4.83%
Other Assets137,92961,95864,3740+122.62%
Total Assets21,329,58019,056,11317,269,1880+11.93%
Liabilities
Borrowings & Funding
Borrowings177,088253,177260,3440-30.05%
Borrowing0.000.000.000-
Debt Securities Issued0.000.000.000-
Subordinated Liabilities0.000.000.000-
Interbank & NRB
Due to B/FIs177,088253,177260,3440-30.05%
Due to NRB0.000.000.000-
Deposits18,582,21516,498,52714,763,4810+12.63%
Other Liabilities
Provisions18,27914,2968,4170+27.86%
Current Tax Liabilities15,834000-
Deferred Tax Liabilities60,292128,95589,7180-53.25%
Other Liabilities253,251183,831179,4560+37.76%
Other Liabilities & Provisions347,657327,082277,5920+6.29%
Total Liabilities19,106,96017,078,78615,301,4160+11.88%
Equity
Paid Up Capital1,249,6941,249,6941,249,69400.00%
Share Premium9,0759,0759,07500.00%
Reserves & Surpluses
Reserves784,137806,489903,5540-2.77%
Reserves & Surpluses972,926841,632718,0770+15.60%
Retained Earnings179,71426,068-194,5520+589.41%
Non-Controlling Interest0.000.000.000-
Total Equity2,222,6202,091,3271,967,7720+6.28%
Total Liabilities & Equity21,329,58019,170,11317,269,1880+11.26%

Sector Peers — Development Bank (19)

Peer Comparison

Development Bank SECTOR — NEPAL

2025/2026 Q4

NPR/Millions

Statement

Highlight

TICKERMarket
Key Ratios
PriceChgChg%Mkt Cap (M)Asset TurnoverBook Value Per ShareC/D Ratio%Debt to EquityEPS (Annualized)EPS (TTM)Graham's NumberInterest Rate SpreadNet Interest MarginNet Profit MarginNPL%P/BP/E (Annualized)PEGP/E (TTM)P/SROA (Annualized)ROA (TTM)%ROE (Annualized)ROE (TTM)%

CORBL

838.9+21.02+2.57%00.07139.7358.14%3.559.549.54173.194.575.2424.246.24%11.43167.350.25101.8940.551.611.61%6.916.91%

GBBL

455+9.01+2.02%0.030.07177.2686.14%9.5928.0428.04334.414.044.6722.54.76%2.2814.40.715.043.241.551.55%16.8816.88%

GBLBSP

------------------------

GRDBL

975+34.97+3.72%0.010.07122.8384.95%8.5811.7611.76180.284.574.6114.233.22%8.4688.34-82.4812.5811%9.979.97%

JBBL

348.5+8.5+2.5%0.010.07170.9781.07%9.3722.8822.88296.674.154.5119.586.55%1.9814.82-14.592.91.341.34%14.3114.31%

KRBL

-------------------82.82-----

KSBBL

457+7.99+1.78%0.020.07165.1186.34%9.8821.2321.23280.843.984.3217.213.77%2.8722.331.2922.333.841.211.21%13.913.9%

LBBL

487+3+0.62%0.020.07213.7386.63%7.7723.4823.48336.033.764.1518.56.94%2.2620.590.1620.233.811.251.25%11.5511.55%

MDB

572.9+7.91+1.4%0.010.07143.281.39%5.1511.611.6193.334.374.2620.940.26%4.0650.175.8848.8810.511.481.48%8.168.16%

MLBL

364+7+1.96%0.020.07165.4286.82%7.7213.9613.96227.944.194.6514.526.32%2.0924.791.3625.073.60.960.96%8.638.63%

MNBBL

340+4.89+1.46%0.030.07161.8283.86%9.918.9818.98262.884.554.6815.654.77%2.2419.12-19.022.991.091.09%12.1812.18%

MTBL

------------------------

NABBC

700.4+0.42+0.06%00.0329.4749.34%4-10.25-10.25-3.76-1.82-235.1548.49%26.98-77.56--76.77182.34-7.94-7.94%-47.61-47.61%

SABBL

912+17+1.9%00.07103.5263.31%3.041.461.4658.314.585.495.451.4%8.07571.92-619.1831.260.380.38%1.671.67%

SADBL

418.7+6.72+1.63%0.020.07169.583.37%9.4323.8323.83301.474.145.1418.636.87%2.3816.950.317.123.161.371.37%14.9514.95%

SAPDBL

642+11.97+1.9%0.010.0686.7167.63%12.9818.0418.04187.64.24.0227.262.15%8.4240.470.438.7511.041.621.62%23.8423.84%

SHBL

------------------------

SHINE

432+5.88+1.38%0.020.07159.4884.18%9.9523.5223.52290.514.014.4119.654.93%2.617.640.2617.393.471.41.4%15.3415.34%

SINDU

450+44.7+11.03%00.0696.8766.92%10.360.180.1819.814.594.080.255.92%6.923,722.22-3,555.569.540.010.01%0.190.19%
AVG559.5612.732.4%0.010.066140.3776.67%8.0814.5514.55224.524.234.160.237.51%6.203314.241.178277.37121.6550.560.56%7.397.39%
MED4577.991.9%0.010.07159.4883.37%9.3718.0418.04245.414.194.5118.54.93%2.8722.330.421.283.841.251.25%11.5511.55%
MAX97544.711.03%0.030.07213.7386.82%12.9828.0428.04336.034.595.4927.2648.49%26.983,722.225.883,555.56182.341.621.62%23.8423.84%
MIN3400.420.06%00.0329.4749.34%3.04-10.25-10.2519.813.76-1.82-235.150.26%1.98-77.560.16-82.822.9-7.94-7.94%-47.61-47.61%

19

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum