Mahalaxmi Bikas Bank Ltd.

Development BankMid Cap

NPR 354.90

NPR +5.4+1.55%

09:14 AM NPT · Sep 11, 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

342.40

High

355.00

Low

342.40

Prev Close

349.50

Volume

16,051

Turnover

Rs 5,648,535.6

Txns

Valuation · Q4 FY25/26

EPS Ann.

13.96

EPS TTM

13.96

BVPS

165.42

P/E Ann.

25.42

P/E TTM

25.42

Graham #

227.94

Capital

Mkt Cap

15.25 Arab

Total

4.3 Crore

Public

2.11 Crore

Promoter

2.19 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

57.97

ADX

52.63

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

347.45

SMA 50

351.51

Bands & Channels

BB Width %

4.08%

Volume & Flow

OBV

1,991,989

Flow Analysis

[ Live 2026-09-11 ]

Total Buy

59,916

Shares Bought

Total Sell

59,916

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 47%

Distribution 53%

Accumulators

Quantity

21,498

Amount

7,463,028

Avg Rate

347.15

Rank

#12

Brokers

#22#63#56

Distributors

Quantity

24,167

Amount

8,376,584

Avg Rate

346.61

Rank

Brokers

#57#42#51#46

Net Flow Impact:

-2,669units

(Rs. -913,555)

Net Flow by Timeframe

MLBL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 89,481 ]

Buy Side

Total: 45,828

Broker

QTY

AVG

NET

8,159

349.91

+4,543

13.6%

7,967

347.33

+6,536

13.3%

7,547

345.27

+7,071

12.6%

5,984

349.28

+5,850

10.0%

3,998

353.81

+3,665

6.7%

3,898

347.09

+3,554

6.5%

1,808

347.28

+393

3.0%

1,510

347.00

+1,248

2.5%

1,140

345.80

+1,140

1.9%

1,085

351.53

+565

1.8%

592

350.43

+592

1.0%

590

349.63

+335

1.0%

550

346.73

+530

0.9%

500

345.40

+500

0.8%

500

345.60

+500

0.8%

Sell Side

Total: 43,653

Broker

QTY

AVG

NET

14,512

346.62

-13,314

24.2%

5,364

350.40

-707

8.9%

4,779

345.93

-3,301

8.0%

3,045

347.00

-2,412

5.1%

2,070

350.84

-345

3.5%

1,831

347.73

-1,771

3.1%

1,596

349.58

-1,596

2.7%

1,550

349.70

-255

2.6%

1,513

348.46

-1,013

2.5%

1,509

349.21

-1,509

2.5%

1,489

349.20

-1,235

2.5%

1,222

348.79

-1,222

2.0%

1,208

350.54

-808

2.0%

1,000

350.92

-1,000

1.7%

965

349.77

-936

1.6%

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	817	+3.01	+0.37%	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	0.25	101.89	40.55	1.61	1.61%	6.91	6.91%
EDBL	566.9	+1.92	+0.34%	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	23.3	5.78	1.52	1.52%	14.34	14.34%
GBBL	443	+2.38	+0.54%	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	0.7	15.04	3.24	1.55	1.55%	16.88	16.88%
GBLBSP	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GRDBL	926.1	-4.93	-0.53%	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	-	82.48	12.58	1	1%	9.97	9.97%
JBBL	334.5	+5.91	+1.8%	0.01	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	-	14.59	2.9	1.34	1.34%	14.31	14.31%
KRBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-82.82	-	-	-	-	-
KSBBL	440.8	-0.31	-0.07%	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	1.29	22.33	3.84	1.21	1.21%	13.9	13.9%
LBBL	479	+3.99	+0.84%	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	0.16	20.23	3.81	1.25	1.25%	11.55	11.55%
MDB	551	+0.99	+0.18%	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	332.3	+6.71	+2.06%	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	-	19.02	2.99	1.09	1.09%	12.18	12.18%
MTBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NABBC	700	+2.02	+0.29%	0	0.03	29.47	49.34%	4	-10.25	-10.25	-	3.76	-1.82	-235.15	48.49%	26.98	-77.56	-	-76.77	182.34	-7.94	-7.94%	-47.61	-47.61%
SABBL	899.6	+10.58	+1.19%	0	0.07	103.52	63.31%	3.04	1.46	1.46	58.31	4.58	5.49	5.45	1.4%	8.07	571.92	-	619.18	31.26	0.38	0.38%	1.67	1.67%
SADBL	411	+3.1	+0.76%	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	0.3	17.12	3.16	1.37	1.37%	14.95	14.95%
SAPDBL	635	+5.48	+0.87%	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	0.4	38.75	11.04	1.62	1.62%	23.84	23.84%
SHBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SHINE	422	+5	+1.2%	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	0.26	17.39	3.47	1.4	1.4%	15.34	15.34%
SINDU	394	+34.31	+9.54%	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	-	3,555.56	9.54	0.01	0.01%	0.19	0.19%

AVG	556.81	5.34	1.29%	0.01	0.065	141.2	75.78%	8.14	15.27	15.27	230.72	4.25	4.17	0.96	7.39%	6.274	314.1	1.031	277.261	21.801	0.59	0.59%	7.77	7.77%
MED	479	3.1	0.76%	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	0.3	21.28	5.78	1.34	1.34%	12.18	12.18%
MAX	926.1	34.31	9.54%	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	3,555.56	182.34	1.62	1.62%	23.84	23.84%
MIN	332.3	-4.93	-0.53%	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%