Excel Development Bank Ltd.

Development BankMid Cap

NPR 575.00

NPR +12+2.13%

09:14 AM NPT · Sep 24, 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

569.00

High

577.90

Low

567.00

Prev Close

563.00

Volume

2,862

Turnover

Rs 1,630,396

Txns

21

Valuation · Q4 FY25/26

EPS Ann.

24.76

EPS TTM

24.76

BVPS

177.85

P/E Ann.

23.22

P/E TTM

23.22

Graham #

314.77

Capital

Mkt Cap

7.19 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

Weak

Momentum

RSI (14)

52.54

ADX

16.46

Overall Score

50
Below Line

Technical Score

Moving Averages

SMA 20

572.43

SMA 50

576.54

Bands & Channels

BB Width %

4.86%

Volume & Flow

OBV

4,863,440

Flow Analysis

[ Live 2026-09-24 ]

Total Buy

28,994

Shares Bought

Total Sell

28,994

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

49

Participating

ACCUM/DIST

Accumulation 54%

Distribution 46%

Accumulators

3

Quantity

17,988

Amount

10,474,441

Avg Rate

582.30

Rank

#14

Brokers

#22#53#45

Distributors

3

Quantity

15,179

Amount

8,769,443

Avg Rate

577.74

Rank

#14

Brokers

#44#13#49

Net Flow Impact:

+2,809units
(Rs. 1,704,999)

Net Flow by Timeframe

EDBL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 51,053 ]

Buy Side

Total: 25,367

Broker

QTY

AVG

NET

%

22

15,893

583.01

+15,893

54.8%

58

2,250

567.88

+534

7.8%

45

1,095

574.88

+975

3.8%

53

1,000

579.24

+1,000

3.5%

43

730

570.11

+430

2.5%

33

700

575.27

+600

2.4%

29

500

583.50

+500

1.7%

40

500

563.00

+500

1.7%

74

500

570.10

+500

1.7%

3

490

568.00

+490

1.7%

36

420

567.00

+390

1.4%

8

409

563.00

+409

1.4%

52

350

578.80

+350

1.2%

25

300

570.00

+300

1.0%

18

230

577.40

+70

0.8%

Sell Side

Total: 25,686

Broker

QTY

AVG

NET

%

44

7,744

583.75

-7,444

26.7%

13

4,955

568.06

-4,795

17.1%

14

2,547

575.09

-1,242

8.8%

49

2,480

578.28

-2,370

8.6%

51

1,526

575.12

-1,526

5.3%

38

1,100

581.92

-800

3.8%

59

1,045

575.07

-1,045

3.6%

17

700

577.48

-700

2.4%

47

577

579.05

-377

2.0%

54

561

580.11

-561

1.9%

65

550

572.49

-550

1.9%

42

520

585.52

-450

1.8%

41

492

581.07

-492

1.7%

56

470

586.00

-470

1.6%

32

419

585.36

-377

1.4%

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

795.1-6.9-0.86%00.07139.7358.14%3.559.549.54173.194.575.2424.246.24%11.43167.350.2186.3740.551.611.61%6.916.91%

GBBL

454+3.02+0.67%0.030.07177.2686.14%9.5928.0428.04334.414.044.6722.54.76%2.2814.40.7516.233.241.551.55%16.8816.88%

GBLBSP

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

GRDBL

960-5.02-0.52%0.010.07122.8384.95%8.5811.7611.76180.284.574.6114.233.22%8.4688.34-85.212.5811%9.979.97%

JBBL

351.9+3.59+1.03%0.020.07170.9781.07%9.3722.8822.88296.674.154.5119.586.55%1.9814.82-15.172.91.341.34%14.3114.31%

KRBL

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

KSBBL

448-2.21-0.49%0.020.07165.1186.34%9.8821.2321.23280.843.984.3217.213.77%2.8722.331.2521.543.841.211.21%13.913.9%

LBBL

484.4-1.51-0.31%0.020.07213.7386.63%7.7723.4823.48336.033.764.1518.56.94%2.2620.590.17213.811.251.25%11.5511.55%

MDB

560+4.89+0.88%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

356.2-3.82-1.06%0.020.07165.4286.82%7.7213.9613.96227.944.194.6514.526.32%2.0924.791.4226.113.60.960.96%8.638.63%

MNBBL

337-1.01-0.3%0.030.07161.8283.86%9.918.9818.98262.884.554.6815.654.77%2.2419.12-17.72.991.091.09%12.1812.18%

MTBL

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

NABBC

751.8+6.78+0.91%00.0329.4749.34%4-10.25-10.25-3.76-1.82-235.1548.49%26.98-77.56--78.54182.34-7.94-7.94%-47.61-47.61%

SABBL

871-1.92-0.22%00.07103.5263.31%3.041.461.4658.314.585.495.450.35%8.07571.92-614.3831.260.380.38%1.671.67%

SADBL

404.5-7.04-1.71%0.020.07169.583.37%9.4323.8323.83301.474.145.1418.636.87%2.3816.950.3117.653.161.371.37%14.9514.95%

SAPDBL

605-1.03-0.17%0.010.0686.7167.63%12.9818.0418.04187.64.24.0227.262.15%8.4240.470.3634.711.041.621.62%23.8423.84%

SHBL

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

SHINE

433+3.9+0.91%0.020.07159.4884.18%9.9523.5223.52290.514.014.4119.654.93%2.617.640.2718.283.471.41.4%15.3415.34%

SINDU

417.9-0.59-0.14%00.0696.8766.92%10.360.180.1819.814.594.080.255.92%6.923,722.22-2,361.119.540.010.01%0.190.19%
AVG548.65-0.59-0.09%0.010.066140.3776.67%8.0814.5514.55224.524.234.160.237.44%6.203314.241.18201.43521.6550.560.56%7.397.39%
MED454-1.03-0.22%0.020.07159.4883.37%9.3718.0418.04245.414.194.5118.54.93%2.8722.330.3621.273.841.251.25%11.5511.55%
MAX9606.781.03%0.030.07213.7386.82%12.9828.0428.04336.034.595.4927.2648.49%26.983,722.225.882,361.11182.341.621.62%23.8423.84%
MIN337-7.04-1.71%00.0329.4749.34%3.04-10.25-10.2519.813.76-1.82-235.150.26%1.98-77.560.17-82.822.9-7.94-7.94%-47.61-47.61%

19

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum