Mahalaxmi Bikas Bank Ltd.

Development BankMid Cap

NPR 373.00

NPR -1.8-0.48%

09:14 AM NPT · Nov 6, 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

377.00

High

379.00

Low

369.00

Prev Close

374.80

Volume

25,481

Turnover

Rs 9,540,211.2

Txns

Valuation · Q4 FY25/26

EPS Ann.

13.96

EPS TTM

13.96

BVPS

165.42

P/E Ann.

26.72

P/E TTM

26.72

Graham #

227.94

Capital

Mkt Cap

16.83 Arab

Total

4.51 Crore

Public

2.21 Crore

Promoter

2.3 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Neutral

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

54.39

ADX

52.97

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

369.76

SMA 50

359.21

Bands & Channels

BB Width %

11.2%

Volume & Flow

OBV

2,153,044

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

246,959

Shares Bought

Total Sell

246,959

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 55%

Distribution 45%

Accumulators

Quantity

91,077

Amount

34,292,080

Avg Rate

376.52

Rank

Brokers

#56#58#60#94

Distributors

Quantity

75,760

Amount

28,425,804

Avg Rate

375.21

Rank

Brokers

#88#26#13#57

Net Flow Impact:

+15,317units

(Rs. 5,866,276)

Net Flow by Timeframe

MLBL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 331,475 ]

Buy Side

Total: 175,727

Broker

QTY

AVG

NET

35,897

373.26

+34,179

14.5%

21,751

378.91

+18,508

8.8%

21,429

379.92

+10,204

8.7%

12,000

375.83

+11,262

4.9%

11,654

378.19

+3,298

4.7%

10,117

373.83

+1,632

4.1%

10,100

377.19

+9,152

4.1%

8,745

374.29

+2,562

3.5%

8,487

373.89

+5,918

3.4%

7,260

385.91

+7,191

2.9%

7,000

377.21

+5,500

2.8%

6,671

375.11

2.7%

5,049

373.70

+4,888

2.0%

100

5,000

368.87

+4,989

2.0%

4,567

375.31

+2,270

1.9%

Sell Side

Total: 155,748

Broker

QTY

AVG

NET

28,907

373.19

-28,785

11.7%

18,669

375.69

-16,469

7.6%

14,759

376.11

-11,125

6.0%

13,425

377.89

-12,785

5.4%

11,087

378.94

-8,587

4.5%

10,458

371.56

-1,976

4.2%

9,888

373.61

-7,693

4.0%

9,623

377.69

-7,412

3.9%

8,132

382.43

-7,032

3.3%

6,307

373.31

-5,917

2.5%

6,100

377.00

-6,100

2.5%

5,655

378.94

-4,145

2.3%

4,761

379.68

-3,046

1.9%

4,015

374.47

-2,915

1.6%

3,962

378.18

-3,552

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	762	-1.99	-0.26%	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	568.9	-1.08	-0.19%	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	411.7	+0.7	+0.17%	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	934.9	+24.93	+2.74%	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	354.5	+2.5	+0.71%	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	481	+3.72	+0.78%	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	527	+5.01	+0.96%	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	570	+3.4	+0.6%	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	344	+0.89	+0.26%	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	663	+0.99	+0.15%	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	795	-6.98	-0.87%	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	393.9	+1.88	+0.48%	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	564	+7.02	+1.26%	0	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	408.3	-3.5	-0.85%	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	406	+2.1	+0.52%	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	545.61	2.64	0.43%	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	527	1.88	0.48%	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	934.9	24.93	2.74%	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	344	-6.98	-0.87%	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%