Mahalaxmi Bikas Bank Ltd.

Development BankMid Cap

NPR 353.00

NPR -1.9-0.54%

09:14 AM NPT · Jun 29, 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

351.20

High

356.00

Low

350.20

Prev Close

354.90

Volume

21,753

Turnover

Rs 7,640,767.9

Txns

Valuation · Q3 FY25/26

EPS Ann.

13.59

EPS TTM

11.75

BVPS

162.01

P/E Ann.

25.97

P/E TTM

30.04

Graham #

222.57

Capital

Mkt Cap

15.17 Arab

Total

4.3 Crore

Public

2.11 Crore

Promoter

2.19 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

28.57

ADX

27.8

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

360.64

SMA 50

365.03

Bands & Channels

BB Width %

4.89%

Volume & Flow

OBV

2,121,672

Flow Analysis

[ Live 2026-06-29 ]

Total Buy

104,688

Shares Bought

Total Sell

104,688

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 57%

Distribution 43%

Accumulators

Quantity

52,100

Amount

18,431,002

Avg Rate

353.76

Rank

Brokers

#4#57#66#50

Distributors

Quantity

39,285

Amount

13,889,820

Avg Rate

353.57

Rank

Brokers

#22#33#17

Net Flow Impact:

+12,815units

(Rs. 4,541,182)

Net Flow by Timeframe

MLBL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 152,837 ]

Buy Side

Total: 84,331

Broker

QTY

AVG

NET

18,319

356.40

+17,719

17.5%

15,018

351.38

+5,213

14.3%

13,107

354.00

+10,604

12.5%

8,076

352.60

+2,568

7.7%

6,060

351.81

+3,292

5.8%

5,656

351.00

+5,645

5.4%

2,648

354.14

+2,648

2.5%

2,500

353.64

+2,500

2.4%

2,486

354.79

+2,373

2.4%

2,380

354.15

+2,041

2.3%

1,892

352.91

+105

1.8%

1,755

352.73

+1,400

1.7%

1,559

353.90

+1,559

1.5%

1,442

352.14

+1,035

1.4%

1,433

354.01

+1,186

1.4%

Sell Side

Total: 68,506

Broker

QTY

AVG

NET

16,045

356.83

-15,887

15.3%

15,750

351.24

-15,750

15.0%

7,490

351.46

-6,275

7.2%

5,186

352.30

-3,076

5.0%

4,246

356.30

-4,246

4.1%

2,790

356.28

-142

2.7%

2,414

352.82

-2,314

2.3%

2,413

353.05

-2,213

2.3%

2,000

354.38

-2,000

1.9%

2,000

351.00

-2,000

1.9%

1,921

355.21

-1,643

1.8%

1,909

354.67

-993

1.8%

1,605

356.01

-821

1.5%

1,373

355.09

-1,363

1.3%

1,364

354.44

-1,164

1.3%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Assets
Cash & Liquidity
Cash & Cash Equivalent	1,381,543	2,574,403	4,525,576	0	-46.34%
Money at Call & Short Notice	2,123,772	2,455,718	2,584,225	0	-13.52%
Due from NRB	2,123,772	2,455,718	2,584,225	0	-13.52%
Placement with B/FIs	0.00	0.00	0.00	0	-
Loans & Advances
Loans and Advances	45,165,937	46,130,173	44,891,235	0	-2.09%
Loans & Advances to B/FIs	2,802,412	4,153,911	3,855,132	0	-32.54%
Loans & Advances to Customers	42,363,525	41,976,263	41,036,103	0	+0.92%
Investments
Investment Securities	11,875,052	10,089,510	9,160,333	0	+17.70%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	6,466	4,734	4,734	0	+36.60%
Investment Property	580,766	616,750	539,467	0	-5.83%
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	70,407	67,855	79,968	0	+3.76%
Deferred Tax Assets	113,270	48,852	89,466	0	+131.86%
Goodwill and Intangible Assets	7,208	5,620	4,468	0	+28.27%
Property & Equipment	511,633	356,544	333,773	0	+43.50%
Other Assets	1,213,423	502,016	875,371	0	+141.71%
Total Assets	62,858,592	62,729,847	62,914,714	0	+0.21%
Liabilities
Borrowings & Funding
Borrowings	1,574,561	1,657,083	2,518,452	0	-4.98%
Borrowing	0.00	0.00	0.00	0	-
Debt Securities Issued	995,444	995,084	994,760	0	+0.04%
Subordinated Liabilities	0.00	0.00	0.00	0	-
Interbank & NRB
Due to B/FIs	579,117	661,999	1,523,692	0	-12.52%
Due to NRB	0.00	0.00	0.00	0	-
Deposits	53,219,783	53,203,643	53,063,479	0	+0.03%
Other Liabilities
Provisions	0.00	0.00	101970.37	0	-
Current Tax Liabilities	0.00	0.00	0.00	0	-
Deferred Tax Liabilities	0.00	0.00	0.00	0	-
Other Liabilities	755,644	829,052	711,770	0	-8.85%
Other Liabilities & Provisions	755,644	829,052	813,741	0	-8.85%
Total Liabilities	55,549,989	55,689,778	56,395,672	0	-0.25%
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	2,687,343	2,580,127	2,248,891	0	+4.16%
Reserves & Surpluses	2,797,322	2,743,612	2,347,723	0	+1.96%
Retained Earnings	109,979	163,485	98,833	0	-32.73%
Non-Controlling Interest	0.00	0.00	0.00	0	-
Total Equity	7,308,603	7,040,070	6,519,042	0	+3.81%
Total Liabilities & Equity	62,858,592	62,729,847	62,914,714	0	+0.21%

Sector Peers — Development Bank (19)

Peer Comparison

Development Bank SECTOR — NEPAL

2025/2026 Q3

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	1,680	-33.94	-1.98%	0.01	0.07	139.27	58.82%	3.34	12.26	2.68	91.64	4.57	6.71	29.16	6.36%	17.45	148.69	0.94	733.62	77.12	2.17	0.47%	8.64	1.89%
EDBL	559.7	+4.11	+0.74%	0.01	0.06	184	76.86%	7.79	16.61	16.24	259.29	4.57	4.28	18.31	6.59%	4.27	35.44	0.01	36.22	11.53	1.09	1.07%	9.59	9.37%
GBBL	402	-3.81	-0.94%	0.02	0.07	167.58	87.15%	9.73	23.21	26.99	319.01	4.13	4.68	18.73	4.77%	3.29	17.79	0.52	15.41	5.92	1.35	1.57%	14.85	17.28%
GBLBSP	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GRDBL	1,023	-25.05	-2.39%	0.01	0.07	116.8	85.44%	8.48	7.63	13.54	188.63	4.17	4.43	9.47	4.32%	12.1	138.93	2.62	78.66	23.4	0.68	1.22%	6.87	12.19%
JBBL	336	-1.99	-0.59%	0.02	0.07	163.43	81.45%	9.63	19.09	7.63	167.5	4.17	4.2	17.05	7.83%	3.03	19.43	0.18	47.17	5.89	1.15	0.46%	12.11	4.83%
KRBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-82.82	-	-	-	-	-
KSBBL	472	-2.99	-0.63%	0.02	0.07	158.28	87.33%	10.09	18.64	17.35	248.57	4.11	4.39	15.05	4.4%	4.09	26.03	-	28.3	6.97	1.08	1.01%	12.65	11.78%
LBBL	477	-2.88	-0.6%	0.02	0.07	205.4	87.11%	7.88	20.67	24.61	337.25	4.08	4.11	16.23	6.49%	3.22	24	0.02	20.32	6.93	1.12	1.34%	10.71	12.76%
MDB	582.9	-4.11	-0.7%	0.01	0.07	139.36	85.76%	5.12	10.54	11.02	185.89	4.25	4	19.48	0.48%	5.95	59	14.53	56.3	20.44	1.4	1.46%	7.6	7.94%
MNBBL	365	-1.91	-0.52%	0.03	0.07	155.09	85.21%	9.87	15.71	21.94	276.7	4.48	4.6	13	4.88%	3.26	24.12	1.64	17.09	5.58	0.95	1.33%	10.67	14.89%
MTBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NABBC	780.1	-7.88	-1%	0	0.04	32.98	56.77%	2.97	-12.64	-11.86	-	4.5	-2.52	-304.8	59.37%	47.42	-92.8	-	-77.31	502.89	-10.84	-10.17%	-59.8	-56.1%
SABBL	969.4	-6.64	-0.68%	0.01	0.08	103.75	71.21%	2.81	-0.81	1.39	56.96	4.58	6.2	-2.82	3.35%	20.69	-1,987.65	-	852.52	99.38	-0.21	0.38%	-0.93	1.61%
SADBL	399.9	-3.1	-0.77%	0.02	0.07	158.79	83.84%	9.82	17.3	15.73	237.06	4.32	4.63	14.24	7.87%	3.57	24.57	3.87	26.7	6.22	1	0.91%	11.37	10.34%
SAPDBL	798	-16.04	-1.97%	0.01	0.06	72.9	71.87%	14.61	9.43	19.59	179.26	3.99	3.59	15.19	7.6%	15.69	90.99	0.29	43.29	24.58	0.88	1.84%	12.55	26.07%
SHBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SHINE	400	-4	-0.99%	0.02	0.07	153.05	85.75%	10	20.93	19.18	257	4.09	4.36	17.62	4.92%	3.6	19.73	0.41	21.74	6.18	1.29	1.19%	14.11	12.93%
SINDU	704	-5.03	-0.71%	0	0.06	91.3	66.04%	11.2	-7.91	1.2	49.65	4.58	3.84	-11.27	7.92%	11.07	-95.85	-	628.33	19.21	-0.72	0.1%	-9.24	1.4%

AVG	663.27	-7.68	-0.92%	0.01	0.067	136.13	78.04%	8.22	11.38	12.48	203.89	4.31	4.1	-7.69	9.14%	10.58	-103.17	2.275	152.846	54.816	0.16	0.28%	4.12	5.95%
MED	559.7	-4	-0.71%	0.01	0.07	153.05	83.84%	9.63	15.71	15.73	212.85	4.25	4.36	15.19	6.36%	4.27	24.12	0.52	32.26	11.53	1.08	1.07%	10.67	10.34%
MAX	1,680	4.11	0.74%	0.03	0.08	205.4	87.33%	14.61	23.21	26.99	337.25	4.58	6.71	29.16	59.37%	47.42	148.69	14.53	852.52	502.89	2.17	1.84%	14.85	26.07%
MIN	336	-33.94	-2.39%	0	0.04	32.98	56.77%	2.81	-12.64	-11.86	49.65	3.99	-2.52	-304.8	0.48%	3.03	-1,987.65	0.01	-82.82	5.58	-10.84	-10.17%	-59.8	-56.1%