Manushi Laghubitta Bittiya Sanstha Limited

MicrofinanceLow Cap

NPR 1,251.00

NPR -4-0.32%

09:14 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

1,251.00

Low

1,225.00

Prev Close

1,255.00

Volume

65

Turnover

Rs 80,185

Txns

5

Valuation · Q2 FY25/26

EPS Ann.

16.22

EPS TTM

19.12

BVPS

137.81

P/E Ann.

77.13

P/E TTM

65.43

Graham #

224.26

Capital

Mkt Cap

1.37 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)

35

ADX

26.63

Overall Score

25
Below Line

Technical Score

Moving Averages

SMA 20

1290.12

SMA 50

1391.64

Bands & Channels

BB Width %

19.21%

Volume & Flow

OBV

385,741

Flow Analysis

[ Live 2026-05-15 ]

Total Buy

1,773

Shares Bought

Total Sell

1,773

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

34

Participating

ACCUM/DIST

Accumulation 46%

Distribution 54%

Accumulators

2

Quantity

720

Amount

910,144

Avg Rate

1264.09

Rank

#44

Brokers

#42#8

Distributors

2

Quantity

860

Amount

1,091,863

Avg Rate

1269.61

Rank

#44

Brokers

#35#11

Net Flow Impact:

-140units
(Rs. -181,719)

Net Flow by Timeframe

MLBS — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 3,056 ]

Buy Side

Total: 1,533

Broker

QTY

AVG

NET

%

42

450

1265.66

+410

25.4%

8

270

1261.46

+260

15.2%

52

200

1270.00

+200

11.3%

49

160

1260.12

+80

9.0%

58

123

1246.86

+63

6.9%

38

70

1271.43

+60

4.0%

45

50

1217.00

+30

2.8%

71

50

1271.10

+50

2.8%

19

40

1230.00

+20

2.3%

56

30

1260.17

+30

1.7%

1

20

1277.50

+20

1.1%

6

20

1285.00

+20

1.1%

7

20

1275.00

+20

1.1%

84

20

1235.00

+20

1.1%

39

10

1265.00

+10

0.6%

Sell Side

Total: 1,523

Broker

QTY

AVG

NET

%

35

586

1271.07

-541

33.0%

11

274

1266.47

-274

15.4%

14

108

1226.67

-108

6.1%

62

100

1270.00

-100

5.6%

57

90

1243.99

-40

5.1%

92

80

1240.00

-60

4.5%

48

60

1265.00

-60

3.4%

41

50

1245.00

-5

2.8%

74

50

1270.00

-50

2.8%

10

45

1233.90

-15

2.5%

17

30

1275.00

-20

1.7%

22

20

1279.00

-20

1.1%

32

10

1279.00

-10

0.6%

46

10

1225.00

-10

0.6%

91

10

1255.00

-10

0.6%

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

949.9-2.09-0.22%00.13169.98213.9%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

1,100-5.53-0.5%0.010.13158.086.57%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

6,020+15.01+0.25%0.010.12428.750%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%00.03149.39109.7%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

907-4.47-0.49%0.030.13233.6694.92%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

1,466.1-5.89-0.4%00.12268.72111.75%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

844.5-2.54-0.3%0.020.14221.13115.62%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

1,315-7.94-0.6%00.12179.1394.98%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

796+0.08+0.01%0.010.06128.31114.74%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

1,059+9.03+0.86%0.010.13234.69112.57%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

773+1.08+0.14%0.010.14278.0726.68%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

1,120+9+0.81%0.010.15197.29282.59%32.6734.47391.178.43%9.46%8.96%13.69%11.6735.23033.763219.32.02%2.14%16.8%17.73%

GLBSL

1,790+9.97+0.56%00.14159.33393.94%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

1,334.6+7.56+0.57%00.14185.26107.54%-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%00.11167.3595.52%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

922.5-12.53-1.34%00.13136.88119.88%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

1,305-9.99-0.76%0.020.13277.15124.79%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

1,102+11.99+1.1%00.11170.87107.57%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

872+5.98+0.69%00.14164.7112.75%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

966+12.02+1.26%00.12187.67107.03%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

895+0.98+0.11%0.010.1119.9102.58%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

710-5.08-0.71%0.010.12155.78110.81%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

------------------------
AVG1,284.851.620.08%0.010.12198.73121.2%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%
MED1,012.50.530.06%00.13175110.26%29.6433.79363.38.09%7.44%9.06%15.18%11.575370.38535.2632.4220.491.99%2.08%16.12%16.7%
MAX6,02015.011.26%0.030.15428.75393.94%77.985.26906.918.84%9.62%19.54%35.1%28.4598.1496395.25114.06106.643.36%4.16%47.92%43.25%
MIN710-12.53-1.34%00.03119.90%-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