Excel Development Bank Ltd.

Development BankLow Cap

NPR 575.00

NPR -5.8-1.00%

09:13 AM NPT · May 14, 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.

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Trading

Open

581.00

High

582.00

Low

573.20

Prev Close

580.80

Volume

1,662

Turnover

Rs 956,207

Txns

Valuation · Q2 FY25/26

EPS Ann.

14.17

EPS TTM

17.60

BVPS

177.95

P/E Ann.

40.58

P/E TTM

32.67

Graham #

238.19

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)

45.45

ADX

16.39

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

579.1

SMA 50

593.78

Bands & Channels

BB Width %

3.42%

Volume & Flow

OBV

4,417,279

Flow Analysis

[ Live 2026-05-14 ]

Total Buy

14,272

Shares Bought

Total Sell

14,272

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 38%

Distribution 62%

Accumulators

Quantity

3,660

Amount

2,141,701

Avg Rate

585.16

Rank

#16

Brokers

#60#85

Distributors

Quantity

6,092

Amount

3,535,626

Avg Rate

580.37

Rank

#16

Brokers

#56#49#58

Net Flow Impact:

-2,432units

(Rs. -1,393,925)

Net Flow by Timeframe

EDBL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 21,213 ]

Buy Side

Total: 9,699

Broker

QTY

AVG

NET

1,960

590.20

+1,960

13.7%

1,700

579.35

+1,700

11.9%

709

584.81

+674

5.0%

702

578.91

+252

4.9%

635

580.70

+635

4.5%

546

580.00

+506

3.8%

523

580.61

+23

3.7%

500

582.00

+450

3.5%

500

581.00

+500

3.5%

493

585.68

+423

3.5%

370

579.64

+350

2.6%

341

598.20

+331

2.4%

320

580.42

+320

2.2%

200

579.00

+180

1.4%

200

577.10

+150

1.4%

Sell Side

Total: 11,514

Broker

QTY

AVG

NET

2,990

581.38

-816

20.9%

2,020

578.28

-1,720

14.2%

1,082

581.50

-1,032

7.6%

894

588.42

-534

6.3%

700

587.14

-700

4.9%

525

575.36

-525

3.7%

500

576.00

-400

3.5%

500

582.00

-406

3.5%

490

575.09

-490

3.4%

477

577.20

-477

3.3%

400

577.00

-400

2.8%

300

588.00

-300

2.1%

225

580.60

-225

1.6%

222

576.43

-22

1.6%

189

581.13

-189

1.3%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Cash & Liquidity
Cash & Cash Equivalent	1,127,842,612	2,052,484,744	2,351,572,559	1,945,577,645	-45.05%
Money at Call & Short Notice	1,575,726,537	843,389,437	183,462,330	61,695,417	+86.83%
Due from NRB	1,575,726,537	843,389,437	183,462,330	61,695,417	+86.83%
Placement with B/FIs	0.00	0.00	0.00	0.00	-
Loans & Advances
Loans and Advances	12,556,770,282	11,604,371,093	10,712,441,982	10,485,728,662	+8.21%
Loans & Advances to B/FIs	122,388,264	311,028,930	162,770,551	263,017,885	-60.65%
Loans & Advances to Customers	12,434,382,018	11,293,342,162	10,549,671,431	10,222,710,777	+10.10%
Investments
Investment Securities	3,863,246,415	2,176,085,098	2,339,330,153	1,536,105,681	+77.53%
Investment in Subsidiaries	0.00	0.00	0.00	0.00	-
Investment in Associates	0.00	0.00	0.00	0.00	-
Investment Property	414,763,530	340,413,530	308,711,211	308,711,211	+21.84%
Other Assets
Derivative Financial Instruments	0.00	0.00	0.00	0.00	-
Other Trading Assets	0.00	0.00	0.00	0.00	-
Current Tax Assets	44,435,250	32,841,129	32,528,499	38,079,174	+35.30%
Deferred Tax Assets	0.00	0.00	0.00	2639154.30	-
Goodwill and Intangible Assets	1,159,282	1,687,163	2,671,248	4,094,824	-31.29%
Property & Equipment	179,042,186	198,093,898	253,201,935	122,082,397	-9.62%
Other Assets	70,628,506	36,666,656	115,139,299	43,173,255	+92.62%
Total Assets	19,833,614,600	17,286,032,747	16,263,859,469	14,547,887,420	+14.74%
Liabilities
Borrowings & Funding
Borrowings	163,214,090	214,296,932	216,996,827	540,912,143	-23.84%
Borrowing	0.00	0.00	0.00	0.00	-
Debt Securities Issued	0.00	0.00	0.00	0.00	-
Subordinated Liabilities	0.00	0.00	0.00	0.00	-
Interbank & NRB
Due to B/FIs	163,214,090	214,296,932	216,996,827	540,912,143	-23.84%
Due to NRB	0.00	0.00	0.00	0.00	-
Deposits	17,102,473,828	14,764,746,796	13,836,098,810	12,233,118,833	+15.83%
Other Liabilities
Provisions	14,295,813	14,295,813	5,000	7,086,137	0.00%
Current Tax Liabilities	0.00	0.00	0.00	0.00	-
Deferred Tax Liabilities	147,779,963	134,369,504	78,906,785	0	+9.98%
Other Liabilities	182,061,468	185,798,845	231,311,723	102,036,355	-2.01%
Other Liabilities & Provisions	344,137,244	334,464,162	310,223,508	109,122,492	+2.89%
Total Liabilities	17,609,825,162	15,313,507,890	14,363,319,145	12,883,153,468	+15.00%
Equity
Paid Up Capital	1,249,694,471	1,249,694,471	1,249,694,471	1,249,694,471	0.00%
Share Premium	9,075,470	9,075,470	9,545,606	0	0.00%
Reserves & Surpluses
Reserves	871,793,340	801,489,928	731,604,412	461,132,747	+8.77%
Reserves & Surpluses	974,094,967	722,830,387	650,845,854	415,039,481	+34.76%
Retained Earnings	93,226,157	-87,735,011	-90,304,164	-46,093,266	+206.26%
Non-Controlling Interest	0.00	0.00	0.00	0.00	-
Total Equity	2,223,789,438	1,972,524,858	1,900,540,325	1,664,733,952	+12.74%
Total Liabilities & Equity	19,833,614,600	17,286,032,747	16,263,859,469	14,547,887,420	+14.74%

Sector Peers — Development Bank (19)

Peer Comparison

Development Bank SECTOR — NEPAL

2025/2026 Q2

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	BVPS	C/D Ratio%	EPS (Annu.)	EPS (TTM)	Graham's No.	Int. Rate Spread%	NIM%	NPL%	NPM%	P/B	P/E (Annu.)	PEG	P/E (Latest)	P/E (TTM)	P/S	ROA (Annu.)%	ROA (TTM)%	ROE (Annu.)%	ROE (TTM)%
CORBL	2,032	-1.02	-0.05%	-	0.07	135.79	70.07%	4.93	-2.7	-	4.56%	5.16%	9.79%	12.88%	22.83	314.4	15.9	326.57	-596.3	161.96	0.94%	-0.51%	3.46%	-1.89%
GBBL	415	-0.5	-0.12%	-	0.08	159.59	85.15%	21.1	23.19	288.57	4.59%	4.9%	4.78%	16.52%	4.92	18.62	2.04	18.6	16.93	12.31	1.24%	1.36%	14%	15.39%
GBLBSP	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GRDBL	1,036	-8.04	-0.77%	-	0.07	112.86	83.15%	3.58	11.65	172	3.92%	4.2%	4.2%	4.36%	19.67	310.03	28.63	300.28	92.27	54.21	0.32%	1.06%	3.3%	10.76%
JBBL	354.4	-3.51	-0.98%	-	0.07	155.09	82.04%	14.16	1.67	76.34	3.84%	4.1%	7.82%	12.6%	4.29	23.5	0.96	23.45	198.8	11.85	0.84%	0.1%	9.3%	1.09%
KRBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-51.36	-82.82	-	-	-	-	-
KSBBL	482	0	0%	-	0.08	158.07	86.77%	20.43	18.32	255.26	4.17%	4.5%	4.1%	14.78%	5.72	22.12	1.99	22.3	24.87	13.09	1.1%	1%	13.56%	12.16%
LBBL	481	-3.59	-0.74%	-	0.07	190.2	85.98%	15.75	14.29	247.29	3.98%	3.98%	0%	12.08%	5.22	31.52	0.32	30.1	33.17	15.23	0.84%	0.77%	8.46%	7.68%
MDB	600	+5	+0.84%	-	0.07	135.98	84.37%	9.37	13.27	201.49	4.36%	4.06%	0.45%	17.57%	8.83	64.06	0.55	66.06	46.65	45.04	1.24%	1.78%	6.96%	9.88%
MLBL	365	-1.8	-0.49%	-	0.14	165.48	85.3%	14.24	7.13	162.93	4.37%	4.94%	6.1%	13.54%	4.45	25.84	7.66	25.57	51.07	13.99	1.92%	0.96%	17.18%	8.6%
MNBBL	372	-1.98	-0.53%	-	0.08	151.35	86.59%	16.8	21.33	269.51	4.59%	4.76%	3.75%	13.38%	4.61	20.79	1.21	21.37	16.83	11.13	1.02%	1.3%	11.66%	14.8%
MTBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NABBC	940	-59.04	-5.91%	-	0.03	28.9	65.88%	-19.16	-13.62	-	4.5%	-3.2%	57.48%	-473.75%	92.87	-70.04	0	-74.01	-104.11	1,328.71	-15.3%	-10.88%	-95.72%	-68.04%
SABBL	1,221	-8.98	-0.73%	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-
SADBL	410.5	-3.39	-0.82%	-	0.07	153.24	83.55%	16.21	17.22	243.67	4.57%	4.72%	6.87%	12.94%	5.28	24.95	0.61	25.42	23.93	12.93	0.94%	1.01%	11.1%	11.8%
SAPDBL	775	-6.01	-0.77%	-	0.06	75.96	77%	6.43	15.98	165.26	3.84%	3.84%	8.29%	10.2%	21.84	129	0.67	126.59	50.94	52.65	0.6%	1.53%	8.4%	20.9%
SHBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SHINE	410	-0.49	-0.12%	-	0.07	146.6	84.77%	16.1	15.17	223.69	4.19%	4.22%	4.75%	13.73%	5.5	25.04	1.34	25.06	26.6	13.76	1%	0.95%	11.24%	10.6%
SINDU	709	+2.97	+0.42%	-	0.06	94.19	64.35%	-5.55	9.7	143.38	4.59%	3.36%	6.39%	-7.98%	15.19	-128.88	0	-131.71	75.36	41.16	-0.48%	0.85%	-6.6%	11.55%

AVG	706.86	-6.03	-0.72%	-	0.073	133.09	80.35%	9.6	10.9	204.12	4.29%	3.82%	8.91%	-23.37%	15.801	57.925	3.868	47.143	-7.863	127.716	-0.27%	0.09%	1.16%	4.66%
MED	482	-1.98	-0.53%	-	0.07	148.98	83.96%	14.2	13.78	212.59	4.37%	4.21%	5.44%	12.91%	5.61	24.995	0.815	24.255	25.735	14.61	0.94%	0.98%	8.88%	10.68%
MAX	2,032	5	0.84%	-	0.14	190.2	86.77%	21.1	23.19	288.57	4.59%	5.16%	57.48%	17.57%	92.87	314.4	28.63	326.57	198.8	1,328.71	1.92%	1.78%	17.18%	20.9%
MIN	354.4	-59.04	-5.91%	-	0.03	28.9	64.35%	-19.16	-13.62	76.34	3.84%	-3.2%	0%	-473.75%	4.29	-128.88	0	-131.71	-596.3	11.13	-15.3%	-10.88%	-95.72%	-68.04%