Manushi Laghubitta Bittiya Sanstha Limited

MicrofinanceLow Cap

NPR 1,225.00

NPR -30-2.39%

06:45 AM NPT · May 15, 2026

Est. Started as NGO Manushi’s microfinance program in 2002; licensed by NRB as a D-class microfinance institution on 2075-06-25 B.S. · Central Office: Manushi Complex, Kathmandu, Nepal (operations across 14+ districts) · CEO: Mrs. Shova Bajracharya

Manushi Laghubitta Bittiya Sanstha Limited traces its origins to a microfinance program run by an NGO called Manushi, which started operations in 2002.Later, that microfinance program was institutionalized and registered under the Company Act. MLBS received the “D-class” license from Nepal Rastra Bank (NRB) on 25 Ashoj 2075 B.S. and began operations under the new structure. As a microfinance financial institution, MLBS focuses on delivering financial inclusion services especially targeting underserved, rural, and marginalized communities. Its products and services include micro-credit / loans, savings accounts, deposit mobilization, remittance services, and other financial services typical of a microfinance institution. MLBS is publicly listed on the Nepal Stock Exchange (NEPSE) under the ticker MLBS. As per recent data: MLBS has 1,093,750 shares listed (face value NPR 100). Paid-up capital stands at NPR 10,937,500 (i.e., 109.375 lakh) when listed. Market capitalization (as per 2025 listing data) is around NPR 1.6 Arba. In terms of social mission: MLBS aims to support financial inclusion, especially for low-income, rural and marginalized populations. According to its regulatory filings, MLBS is active in about 14 districts across Nepal, working towards social upliftment through microfinance supporting self-employment, small businesses, women empowerment, small entrepreneurs, and financially weaker segments. Financially, MLBS has shown signs of recovery: for example, in fiscal year 2080/81 (B.S.), the institution reportedly returned to profitability after earlier losses. In a 2024 report, MLBS posted a net profit of NPR 1.92 crore (after previously reporting losses), citing operational profit plus reversal of impairment charges. This suggests that MLBS may be on a recovery path, improving asset quality and stabilizing its operations. According to that report, deposit mobilization from over 33,000 members exceeded NPR 98.78 crore; non-performing loan ratio reportedly fell from 7.9% to ~4.46%. Overall, MLBS represents one of Nepal’s microfinance institutions aiming to balance social mission (financial inclusion, support to marginalized communities) with formal financial operations, under regulation and with access to capital markets.

Trading

Open

1,225.00

High

1,225.00

Low

1,225.00

Prev Close

1,255.00

Volume

20

Turnover

Rs 24,500

Txns

2

Valuation · Q2 FY25/26

EPS Ann.

16.22

EPS TTM

19.12

BVPS

137.81

P/E Ann.

75.52

P/E TTM

64.07

Graham #

224.26

Capital

Mkt Cap

1.34 Arab

Total

10.94 Lakh

Public

3.94 Lakh

Promoter

7.0 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

33.33

ADX

25.38

Overall Score

25
Below Line

Technical Score

Moving Averages

SMA 20

1298.02

SMA 50

1396.5

Bands & Channels

BB Width %

20.52%

Volume & Flow

OBV

385,806

Flow Analysis

[ Live 2026-05-14 ]

Total Buy

1,928

Shares Bought

Total Sell

1,928

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

35

Participating

ACCUM/DIST

Accumulation 47%

Distribution 53%

Accumulators

2

Quantity

720

Amount

910,144

Avg Rate

1264.09

Rank

#45

Brokers

#42#8

Distributors

2

Quantity

826

Amount

1,042,599

Avg Rate

1262.23

Rank

#44

Brokers

#35#62

Net Flow Impact:

-106units
(Rs. -132,455)

Net Flow by Timeframe

MLBS — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 3,296 ]

Buy Side

Total: 1,648

Broker

QTY

AVG

NET

%

42

450

1265.66

+420

23.3%

8

270

1261.46

+260

14.0%

38

220

1236.36

+210

11.4%

52

200

1270.00

+200

10.4%

49

160

1258.75

+70

8.3%

58

78

1253.19

+8

4.0%

45

50

1217.00

+30

2.6%

71

50

1271.10

+50

2.6%

19

40

1230.00

+20

2.1%

56

40

1252.38

+30

2.1%

1

20

1277.50

+20

1.0%

6

20

1285.00

+20

1.0%

7

20

1275.00

+20

1.0%

84

20

1235.00

+20

1.0%

39

10

1265.00

+10

0.5%

Sell Side

Total: 1,648

Broker

QTY

AVG

NET

%

35

576

1271.87

-531

29.9%

62

250

1240.00

-250

13.0%

11

249

1269.63

-249

12.9%

14

108

1226.67

-98

5.6%

57

90

1243.99

-20

4.7%

92

80

1240.00

-60

4.2%

48

60

1265.00

-50

3.1%

41

50

1245.00

-5

2.6%

74

50

1270.00

-50

2.6%

10

45

1233.90

-15

2.3%

17

30

1275.00

-20

1.6%

22

30

1256.67

-30

1.6%

32

10

1279.00

-10

0.5%

40

10

1216.10

-10

0.5%

43

10

1229.00

-10

0.5%

Financial Fundamentals

Financial MetricFY25/26 Q2FY24/25 Q2FY23/24 Q2FY22/23 Q2Growth %
Capital & Liabilities
Paid Up Capital109,375,000109,375,000109,375,000109,375,0000.00%
Reserves and Surplus41,356,16755,008,94434,986,06571,595,310-24.82%
Debentures and Bonds0.000.000.000.00-
Borrowings273,572,360269,350,855307,028,936544,725,850+1.57%
Deposits1,163,164,1201,048,516,477939,737,724845,805,050+10.93%
Income Tax Liabilities5,604,292422,96500+1225.00%
Other Liabilities30,707,41424,949,252164,055,407141,925,070+23.08%
Total Capital & Liabilities1,623,779,3541,507,623,4921,555,183,1321,713,426,280+7.70%
Assets
Cash and Bank Balance94,737,930160,890,166207,908,83065,031,460-41.12%
Money at Call & Short Notice0.000.000.0012607770.00-
Investments2,000,000000-
Loan and Advances1,489,697,3721,316,630,8431,275,129,3421,564,626,560+13.14%
Fixed Assets4,239,2755,738,2259,323,9498,162,970-26.12%
Non Banking Assets0.000.000.000.00-
Other Assets33,104,77724,364,25862,821,01162,997,510+35.87%
Total Assets1,623,779,3541,507,623,4921,555,183,1321,713,426,280+7.70%

Sector Peers — Microfinance (30)

Peer Comparison

Microfinance SECTOR — NEPAL

2025/2026 Q2

NPR/Millions

Statement

Highlight

TICKERMarket
Key Ratios
PriceChgChg%Mkt Cap (M)Asset TurnoverBVPSC/D Ratio%EPS (Annu.)EPS (TTM)Graham's No.Int. Rate Spread%NIM%NPL%NPM%P/BP/E (Annu.)PEGP/E (Latest)P/E (TTM)P/SROA (Annu.)%ROA (TTM)%ROE (Annu.)%ROE (TTM)%

ACLBSL

950-2-0.21%-0.13169.98213.9%32.5733.11355.858.27%7.44%5.2%14.84%11.329.470.3831.2330.7217.511.98%2.01%21%21.36%

ADLB

------------------------

AKBSL

------------------------

ALBSL

1,105-0.55-0.05%-0.13158.086.57%31.2938.77371.358.4%7.16%10.15%17.5%14.9537.780.0935.628.7326.452.24%2.79%21.34%26.44%

ANLB

6,025.5+20.42+0.34%-0.12428.750%77.985.26906.910%-11.81%27.93%28.4578.310.3180.8773.8987.53.32%3.65%20.24%22.16%

AVYAN

1,129+8.96+0.8%-0.03149.39109.7%61.8955.85433.278.34%8.86%4.15%29.02%12.6615.290.0115.5117.1917.750.9%0.81%47.92%43.25%

BPW

------------------------

CBBL

915+3.46+0.38%-0.13233.6694.92%31.8535.31430.865.51%6.96%2.45%17.74%7.8928.9596328.8926.0520.542.22%2.46%14.32%15.87%

CYCL

1,466.2-5.74-0.39%-0.12268.72111.75%27.9941.89503.267.91%6.38%18.48%9.02%11.2453.96055.0936.8119.471.06%1.61%10.74%16.09%

DDBL

848.3+1.27+0.15%-0.14221.13115.62%47.4147.55486.47.83%8.32%8.43%24.37%7.4217.30.2717.5117.4616.873.36%3.37%23.26%23.33%

DLBS

1,288.1-34.93-2.64%-0.12179.1394.98%18.3819.05277.097.67%7.44%9.83%7.8%14.5270.730.1571.2768.7722.090.94%0.98%10.82%11.23%

FMDBL

799+3.1+0.39%-0.06128.31114.74%10.4711.14179.331.42%4.14%4.52%35.1%12.3975.932.1574.469.93106.642.12%2.27%8.24%8.78%

FOWAD

1,055.2+5.25+0.5%-0.13234.69112.57%31.9820.71330.77.31%7.3%8.92%13.3%9.1233.460.0232.8650.7517.81.7%1.1%13.14%8.51%

GBLBS

766.3-5.64-0.73%-0.14278.0726.68%43.7534.76466.358.84%9.62%4.76%20.85%5.5717.691.0617.2121.6614.762.94%2.34%15.96%12.68%

GGBSL

------------------------

GILB

1,11100%-0.15197.29282.59%32.6734.47391.178.43%9.46%8.96%13.69%11.6735.23033.763219.32.02%2.14%16.8%17.73%

GLBSL

1,825+45.03+2.53%-0.14159.33393.94%40.2238.34370.748.44%8.32%3.13%17.81%24.1547.840.941.57034.092.5%2.38%28.82%27.47%

GMFBS

1,296.3-30.65-2.31%-0.14185.26107.54%-4.7117.54270.398.32%8.86%14.37%-2.06%16.14-317.410-309.5583.1226.18-0.28%1.07%-2.96%11.05%

HLBSL

89000%-0.11167.3595.52%26.2432.38349.178.6%7.9%8.58%13.2%10.6834.050.5734.4927.9517.991.48%1.82%16.98%20.97%

ILBS

940+4.96+0.53%-0.13136.88119.88%24.0749.91392.068.31%7.38%17.85%15.51%14.5241.30.2439.0518.8325.632%4.16%18.84%39.06%

JALPA

------------------------

JBLB

1,310-5-0.38%-0.13277.15124.79%50.6560.15612.445.85%7.32%5.98%19.57%9.5426.10.3925.9421.8420.442.56%3.05%20.08%23.85%

JSLBB

1,090-10.01-0.91%-0.11170.87107.57%11.819.17271.487.6%6.12%9.15%7.55%13.5598.140.4295.2558.6329.660.86%1.4%7.44%12.11%

KLBS

------------------------

KLBSL

------------------------

KMCDB

863.1-2.86-0.33%-0.14164.7112.75%26.0927.74320.628.67%8.82%11.42%16.43%11.4836.221.3334.9232.8423.812.3%2.45%16.28%17.31%

LLBS

927-27-2.83%-0.12187.67107.03%15.318.11185.056.19%7.64%13.04%8.25%9.8860.550.6660.42114.0619.990.98%0.52%8.78%4.65%

MATRI

890-4.02-0.45%-0.1119.9102.58%11.259.36158.917.28%4.96%10.48%5.5%16.3587.110.685.78103.119.180.54%0.45%7%5.84%

MERO

715.100%-0.12155.78110.81%13.8816.56240.928.6%7.38%19.54%10.28%9.5353.463.451.5943.2421.991.24%1.48%9.08%10.84%

MKLB

------------------------
AVG1,282.05-1.63-0.26%-0.12198.73121.2%30.1333.51377.477.17%7.51%9.6%15.6%12.86430.06644.36129.71244.43528.4381.77%2.01%16.1%18.21%
MED1,002.6-0.28-0.03%-0.13175110.26%29.6433.79363.38.09%7.44%9.06%15.18%11.575370.38535.2632.4220.491.99%2.08%16.12%16.7%
MAX6,025.545.032.53%-0.15428.75393.94%77.985.26906.918.84%9.62%19.54%35.1%28.4598.1496395.25114.06106.643.36%4.16%47.92%43.25%
MIN715.1-34.93-2.83%-0.03119.90%-4.718.11158.910%4.14%2.45%-2.06%5.57-317.410-309.55014.76-0.28%0.45%-2.96%4.65%

30

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum