Mahalaxmi Bikas Bank Ltd.

Development BankMid Cap

NPR 356.20

NPR -3.8-1.06%

09:14 AM NPT · Sep 24, 2026

Est. 2052 B.S. (Established as a National Level Development Bank) · Durbarmarg, Kathmandu, Nepal · CEO: Dipesh Lamsal

Mahalaxmi Bikas Bank was established in 1995 (B.S. 2052) and over the past 30+ years has grown into a major development-bank in Nepal. As a “B-class National Level Development Bank,” MLBL serves both retail and corporate clients across the country. MLBL operates a wide network: currently it has 103 branches and 33 ATMs across Nepal, serving a customer base of 800,000+. The head office is located on Durbar Marg, Kathmandu. The bank emphasizes a “digital-first” approach: through its branded mobile-banking app (Mahalaxmi Smart Saathi), internet banking, debit/credit cards, QR payments and other e-banking services, MLBL seeks to deliver modern and convenient banking to its clients. MLBL offers a full spectrum of banking services retail banking (savings & deposits, payments, cards), corporate and business banking, lending and credit products, remittances, digital banking, and other financial services. As of fiscal year 2081/82, MLBL proposed a 10.37% dividend (5% bonus shares + 5.37% cash dividend) indicating stable financial performance and shareholder returns. Because of its long history, extensive branch network, and diversified services, MLBL is considered one of Nepal’s well-established development banks, balancing traditional banking services with digital innovations.

www.mahalaxmibank.com/facebook linkedin

Trading

Open

357.00

High

363.40

Low

353.00

Prev Close

360.00

Volume

22,645

Turnover

Rs 8,063,546.4

Txns

113

Valuation · Q4 FY25/26

EPS Ann.

13.96

EPS TTM

13.96

BVPS

165.42

P/E Ann.

25.52

P/E TTM

25.52

Graham #

227.94

Capital

Mkt Cap

15.3 Arab

Total

4.3 Crore

Public

2.11 Crore

Promoter

2.19 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Sell

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

63.62

ADX

47.43

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

352.28

SMA 50

352.78

Bands & Channels

BB Width %

9.17%

Volume & Flow

OBV

1,979,673

Flow Analysis

[ Live 2026-09-24 ]

Total Buy

131,036

Shares Bought

Total Sell

131,036

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 46%

Distribution 54%

Accumulators

Quantity

29,740

Amount

10,717,504

Avg Rate

360.37

Rank

#13

Brokers

#22#4#38

Distributors

Quantity

35,528

Amount

12,788,522

Avg Rate

359.96

Rank

#12

Brokers

#50#10#63

Net Flow Impact:

-5,788units

(Rs. -2,071,018)

Net Flow by Timeframe

MLBL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 175,034 ]

Buy Side

Total: 93,208

Broker

QTY

AVG

NET

16,201

364.19

+2,207

12.4%

12,111

357.52

+10,865

9.2%

10,000

364.20

+9,163

7.6%

9,670

361.39

+6,538

7.4%

7,629

359.89

+7,112

5.8%

6,562

362.33

+5,592

5.0%

5,000

361.80

+3,064

3.8%

4,000

360.38

+2,510

3.0%

3,815

358.72

+3,615

2.9%

3,810

363.18

+1,489

2.9%

3,764

363.63

+1,842

2.9%

3,304

358.44

+374

2.5%

2,835

362.95

+2,417

2.2%

2,360

359.32

+578

1.8%

2,147

360.73

+574

1.6%

Sell Side

Total: 81,826

Broker

QTY

AVG

NET

14,550

363.89

-12,693

11.1%

11,709

355.03

-11,283

8.9%

9,269

360.00

-6,869

7.1%

6,640

358.68

-6,140

5.1%

6,231

360.32

-6,231

4.8%

6,114

363.22

-6,114

4.7%

5,094

360.90

-3,894

3.9%

4,799

362.61

-3,309

3.7%

3,284

364.67

-1,444

2.5%

3,099

362.95

-378

2.4%

2,635

365.18

-1,235

2.0%

2,318

357.45

-318

1.8%

2,170

357.45

-941

1.7%

1,968

361.72

-76

1.5%

1,946

364.24

-1,715

1.5%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Assets
Cash & Liquidity
Cash & Cash Equivalent	1,540,469	2,952,866	2,478,681	0	-47.83%
Money at Call & Short Notice	2,038,086	2,215,803	2,004,682	0	-8.02%
Due from NRB	2,038,086	2,215,803	2,004,682	0	-8.02%
Placement with B/FIs	0.00	0.00	0.00	0	-
Loans & Advances
Loans and Advances	46,134,233	45,849,007	44,146,305	0	+0.62%
Loans & Advances to B/FIs	2,792,872	3,830,833	3,712,565	0	-27.09%
Loans & Advances to Customers	43,341,361	42,018,174	40,433,741	0	+3.15%
Investments
Investment Securities	13,152,928	12,461,104	14,624,570	0	+5.55%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	6,466	4,734	4,734	0	+36.60%
Investment Property	520,839	569,778	532,454	0	-8.59%
Other Assets
Derivative Financial Instruments	0.00	0.00	0.00	0	-
Other Trading Assets	0.00	0.00	0.00	0	-
Current Tax Assets	68,278	103,368	38,852	0	-33.95%
Deferred Tax Assets	120,105	35,614	56,619	0	+237.24%
Goodwill and Intangible Assets	10,985	5,367	6,238	0	+104.68%
Property & Equipment	602,337	537,693	344,371	0	+12.02%
Other Assets	1,061,659	569,933	501,091	0	+86.28%
Total Assets	65,057,015	65,160,918	64,636,888	0	-0.16%
Liabilities
Borrowings & Funding
Borrowings	1,637,247	2,097,059	1,909,231	0	-21.93%
Borrowing	0.00	0.00	0.00	0	-
Debt Securities Issued	995,844	995,444	995,084	0	+0.04%
Subordinated Liabilities	0.00	0.00	0.00	0	-
Interbank & NRB
Due to B/FIs	641,404	1,101,615	914,147	0	-41.78%
Due to NRB	0.00	0.00	0.00	0	-
Deposits	55,009,925	55,115,471	55,210,283	0	-0.19%
Other Liabilities
Provisions	0.00	0.00	0.00	0	-
Current Tax Liabilities	0.00	0.00	0.00	0	-
Deferred Tax Liabilities	0.00	0.00	0.00	0	-
Other Liabilities	947,200	814,746	825,100	0	+16.26%
Other Liabilities & Provisions	947,200	814,746	825,100	0	+16.26%
Total Liabilities	57,594,372	58,027,275	57,944,613	0	-0.75%
Equity
Paid Up Capital	4,511,281	4,296,458	4,171,319	0	+5.00%
Share Premium	0.00	0.00	0.00	0	-
Reserves & Surpluses
Reserves	2,486,163	2,342,585	2,343,819	0	+6.13%
Reserves & Surpluses	2,951,362	2,837,184	2,520,957	0	+4.02%
Retained Earnings	465,199	494,600	177,138	0	-5.94%
Non-Controlling Interest	0.00	0.00	0.00	0	-
Total Equity	7,462,643	7,133,643	6,692,275	0	+4.61%
Total Liabilities & Equity	65,057,015	65,160,918	64,636,888	0	-0.16%

Sector Peers — Development Bank (19)

Peer Comparison

Development Bank 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)	PEG	P/E (TTM)	P/S	ROA (Annualized)	ROA (TTM)%	ROE (Annualized)	ROE (TTM)%
CORBL	795.1	-6.9	-0.86%	0	0.07	139.73	58.14%	3.55	9.54	9.54	173.19	4.57	5.24	24.24	6.24%	11.43	167.35	0.21	86.37	40.55	1.61	1.61%	6.91	6.91%
EDBL	575	+11.99	+2.13%	0.01	0.06	177.85	73.5%	8.6	24.76	24.76	314.77	4.55	4.84	25.48	4.57%	3.16	22.67	0.04	23.58	5.78	1.52	1.52%	14.34	14.34%
GBBL	454	+3.02	+0.67%	0.03	0.07	177.26	86.14%	9.59	28.04	28.04	334.41	4.04	4.67	22.5	4.76%	2.28	14.4	0.75	16.23	3.24	1.55	1.55%	16.88	16.88%
GBLBSP	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GRDBL	960	-5.02	-0.52%	0.01	0.07	122.83	84.95%	8.58	11.76	11.76	180.28	4.57	4.61	14.23	3.22%	8.46	88.34	-	85.2	12.58	1	1%	9.97	9.97%
JBBL	351.9	+3.59	+1.03%	0.02	0.07	170.97	81.07%	9.37	22.88	22.88	296.67	4.15	4.51	19.58	6.55%	1.98	14.82	-	15.17	2.9	1.34	1.34%	14.31	14.31%
KRBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-82.82	-	-	-	-	-
KSBBL	448	-2.21	-0.49%	0.02	0.07	165.11	86.34%	9.88	21.23	21.23	280.84	3.98	4.32	17.21	3.77%	2.87	22.33	1.25	21.54	3.84	1.21	1.21%	13.9	13.9%
LBBL	484.4	-1.51	-0.31%	0.02	0.07	213.73	86.63%	7.77	23.48	23.48	336.03	3.76	4.15	18.5	6.94%	2.26	20.59	0.17	21	3.81	1.25	1.25%	11.55	11.55%
MDB	560	+4.89	+0.88%	0.01	0.07	143.2	81.39%	5.15	11.6	11.6	193.33	4.37	4.26	20.94	0.26%	4.06	50.17	5.88	48.88	10.51	1.48	1.48%	8.16	8.16%
MNBBL	337	-1.01	-0.3%	0.03	0.07	161.82	83.86%	9.9	18.98	18.98	262.88	4.55	4.68	15.65	4.77%	2.24	19.12	-	17.7	2.99	1.09	1.09%	12.18	12.18%
MTBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NABBC	751.8	+6.78	+0.91%	0	0.03	29.47	49.34%	4	-10.25	-10.25	-	3.76	-1.82	-235.15	48.49%	26.98	-77.56	-	-78.54	182.34	-7.94	-7.94%	-47.61	-47.61%
SABBL	871	-1.92	-0.22%	0	0.07	103.52	63.31%	3.04	1.46	1.46	58.31	4.58	5.49	5.45	0.35%	8.07	571.92	-	614.38	31.26	0.38	0.38%	1.67	1.67%
SADBL	404.5	-7.04	-1.71%	0.02	0.07	169.5	83.37%	9.43	23.83	23.83	301.47	4.14	5.14	18.63	6.87%	2.38	16.95	0.31	17.65	3.16	1.37	1.37%	14.95	14.95%
SAPDBL	605	-1.03	-0.17%	0.01	0.06	86.71	67.63%	12.98	18.04	18.04	187.6	4.2	4.02	27.26	2.15%	8.42	40.47	0.36	34.7	11.04	1.62	1.62%	23.84	23.84%
SHBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SHINE	433	+3.9	+0.91%	0.02	0.07	159.48	84.18%	9.95	23.52	23.52	290.51	4.01	4.41	19.65	4.93%	2.6	17.64	0.27	18.28	3.47	1.4	1.4%	15.34	15.34%
SINDU	417.9	-0.59	-0.14%	0	0.06	96.87	66.92%	10.36	0.18	0.18	19.81	4.59	4.08	0.25	5.92%	6.92	3,722.22	-	2,361.11	9.54	0.01	0.01%	0.19	0.19%

AVG	563.24	0.46	0.12%	0.01	0.065	141.2	75.78%	8.14	15.27	15.27	230.72	4.25	4.17	0.96	7.32%	6.274	314.1	1.027	201.277	21.801	0.59	0.59%	7.77	7.77%
MED	484.4	-1.01	-0.17%	0.01	0.07	159.48	81.39%	9.37	18.98	18.98	271.86	4.2	4.51	18.63	4.77%	3.16	22.33	0.31	21.27	5.78	1.34	1.34%	12.18	12.18%
MAX	960	11.99	2.13%	0.03	0.07	213.73	86.63%	12.98	28.04	28.04	336.03	4.59	5.49	27.26	48.49%	26.98	3,722.22	5.88	2,361.11	182.34	1.62	1.62%	23.84	23.84%
MIN	337	-7.04	-1.71%	0	0.03	29.47	49.34%	3.04	-10.25	-10.25	19.81	3.76	-1.82	-235.15	0.26%	1.98	-77.56	0.04	-82.82	2.9	-7.94	-7.94%	-47.61	-47.61%