National Laghubitta Bittiya Sanstha Limited

MicrofinanceHigh Cap

NPR 1,125.00

NPR -5.7-0.50%

09:14 AM NPT · Sep 11, 2026

Est. 2071-03-18 B.S. (NRB license obtained on 2071-02-28; joint operation with Summit Laghubitta from 2080-03-30) · Nilkantha-3, Dhadingbesi, Dhading, Nepal

NMFBS is a national-level microfinance institution in Nepal, licensed as a Class-“D” financial institution under Nepal Rastra Bank (NRB).It began operation on 2 July 2014 after obtaining its NRB license on 11 June 2014.NMFBS aims to provide financial services especially microfinance services to underserved and rural populations, contributing to financial inclusion, livelihood improvement, and rural development.Over time, NMFBS has expanded its scope by absorbing or merging with other microfinance institutions. Notably, in 2023 it merged with Summit Laghubitta Bittiya Sanstha Limited (SMFDB), and from 30 Ashad 2080 B.S., the combined operations are carried out under the name National Laghubitta Bittiya Sanstha Limited. This consolidation has increased its capital base and operational reach. As of the latest publicly available data, its paid-up capital is around NPR 1.33 billion. NMFBS’s services include micro-loans, savings/deposit schemes, and other microfinance products aimed at low-income households, small businesses, and underserved communities. Given its national status and license, NMFBS has a mandate to operate across multiple regions of Nepal, offering financial inclusion beyond urban centers. Because of its role in microfinance and financial inclusion, NMFBS plays a part in supporting rural livelihoods, small-scale entrepreneurship, and community development by offering credit, savings, and financial services to those who might not have easy access to traditional banks.

nationalmicrofinance.com.np/

Trading

Open

1,125.00

High

1,137.00

Low

1,121.00

Prev Close

1,130.70

Volume

2,813

Turnover

Rs 3,177,173.4

Txns

Valuation · Q4 FY25/26

EPS Ann.

58.59

EPS TTM

58.59

BVPS

279.32

P/E Ann.

19.20

P/E TTM

19.20

Graham #

606.81

Capital

Mkt Cap

14.98 Arab

Total

1.33 Crore

Public

39.95 Lakh

Promoter

93.21 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Neutral

SuperTrend

Strong Buy

Trend Analysis

Direction

Downtrend

Strength

Moderate

Momentum

RSI (14)

53.26

ADX

24.4

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

1117.52

SMA 50

1116.33

Bands & Channels

BB Width %

4.04%

Volume & Flow

OBV

268,399

Flow Analysis

[ Live 2026-09-11 ]

Total Buy

10,242

Shares Bought

Total Sell

10,242

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 54%

Distribution 46%

Accumulators

Quantity

4,496

Amount

5,086,133

Avg Rate

1131.26

Rank

#15

Brokers

#29#20#78

Distributors

Quantity

3,865

Amount

4,365,536

Avg Rate

1129.50

Rank

#18

Brokers

#34#17#14

Net Flow Impact:

+631units

(Rs. 720,596)

Net Flow by Timeframe

NMFBS — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 15,911 ]

Buy Side

Total: 8,073

Broker

QTY

AVG

NET

3,086

1130.80

+3,086

30.1%

1,000

1131.00

+1,000

9.8%

851

1126.45

+21

8.3%

484

1125.91

+276

4.7%

410

1135.30

+410

4.0%

300

1131.93

+299

2.9%

300

1130.00

+300

2.9%

280

1128.90

+280

2.7%

270

1132.73

+270

2.6%

215

1123.26

+115

2.1%

200

1123.88

+100

1.9%

200

1126.30

+200

1.9%

177

1131.85

+177

1.7%

150

1125.00

1.5%

150

1126.31

+109

1.5%

Sell Side

Total: 7,838

Broker

QTY

AVG

NET

1,791

1130.34

-1,781

17.5%

1,251

1132.42

-1,121

12.2%

823

1123.26

-823

8.0%

629

1123.33

-169

6.1%

552

1126.82

-552

5.4%

512

1129.46

-502

5.0%

435

1134.19

-233

4.3%

380

1123.90

-380

3.7%

333

1129.51

-86

3.3%

282

1132.00

-132

2.8%

270

1133.27

-70

2.6%

165

1131.91

-165

1.6%

159

1130.00

-159

1.6%

130

1130.95

-130

1.3%

126

1120.00

-96

1.2%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Capital & Liabilities
Paid Up Capital	0	1,331,609	1,165,522	0	+14.25%
Reserves and Surplus	0	1,930,796	1,700,469	0	+13.54%
Debentures and Bonds	0	0.00	0.00	0	-
Borrowings	21,183,343	19,016,302	13,199,486	0	+11.40%
Deposits	0	6,464,766	5,245,133	0	+23.25%
Income Tax Liabilities	0	5,210	419	0	+1143.44%
Other Liabilities	1,302,377	1,086,754	906,991	0	+19.84%
Total Capital & Liabilities	0	29,835,437	22,218,020	0	+34.28%
Assets
Cash and Bank Balance	0	5,173,432	1,197,169	0	+332.14%
Money at Call & Short Notice	0	0.00	0.00	0	-
Investments	0	3,389	3,389	0	0.00%
Loan and Advances	0	24,218,650	20,637,471	0	+17.35%
Fixed Assets	0	296,354	295,328	0	+0.35%
Non Banking Assets	0	0.00	0.00	0	-
Other Assets	150,064	143,612	84,663	0	+4.49%
Total Assets	34,745,676	29,835,437	22,218,020	0	+16.46%

Sector Peers — Microfinance (30)

Peer Comparison

Microfinance 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	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)%
ACLBSL	880	+1.93	+0.22%	0	0.14	180.9	188.13%	7.96	27.79	27.79	336.32	8.24	12.44	6.01%	5.15	33.54	4.07	32.78	4.17	1.68	1.68%	16.48	16.48%
ADLB	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
AKBSL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ALBSL	1,156	+47.23	+4.26%	0.01	0.13	174.67	114%	7.78	32.63	32.63	358.1	7.25	17.03	8.57%	6.01	32.18	2.31	33.07	5.48	2.23	2.23%	19.62	19.62%
ANLB	4,930	+90.97	+1.88%	0	0.11	362.38	-	5.73	69.71	69.71	753.91	7.65	26.79	10.78%	19.87	103.29	3.33	73.73	27.67	3.07	3.07%	19.94	19.94%
AVYAN	1,091	+99.99	+10.09%	0	0.14	158.75	111.65%	8.35	57.04	57.04	451.38	8.5	27.5	7.41%	6.56	18.27	0.16	18.23	5.02	3.86	3.86%	39.92	39.92%
BPW	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CBBL	942.1	+0.09	+0.01%	0.03	0.12	251.06	95.51%	5.35	35.91	35.91	450.39	5.32	19.33	2.3%	3.67	25.68	-	26.16	4.96	2.37	2.37%	14.96	14.96%
CYCL	1,513	-6.99	-0.46%	0	0.12	357.75	112.53%	6.62	110.66	110.66	943.79	6.61	33.9	14.04%	3.71	12	0.09	13.25	4.07	4.02	4.02%	34.85	34.85%
DDBL	837.6	-1.43	-0.17%	0.02	0.13	226.87	112.67%	5.38	48.15	48.15	495.77	7.42	26.83	6.49%	3.75	17.65	0.58	17.44	4.74	3.48	3.48%	23.1	23.1%
DLBS	983	+27.98	+2.93%	0	0.12	150.57	45.18%	11.27	15.72	15.72	230.77	6.58	7.08	20.52%	8.03	76.91	1.74	65.33	5.45	0.82	0.82%	9.82	9.82%
FMDBL	727.1	+4.41	+0.61%	0.01	0.06	137.26	123.87%	2.09	14.18	14.18	209.27	4.04	47.12	2.88%	6.27	60.65	1.19	53.46	28.58	3.06	3.06%	10.56	10.56%
FOWAD	878.9	+0.97	+0.11%	0.01	0.13	278.57	115.92%	6.23	52.14	52.14	571.67	6.59	21.07	16.17%	3.51	18.78	0.02	17.61	3.96	2.69	2.69%	19.74	19.74%
GBLBS	635	+13	+2.09%	0.01	0.14	295.18	25.3%	4.49	40	36.73	493.91	9.36	18.98	4.94%	3.55	19.63	1	21.24	6.63	2.61	2.4%	14	12.85%
GGBSL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GILB	1,090.5	-12.46	-1.13%	0.01	0.14	242.58	270.5%	6.57	61.87	61.87	581.11	8.56	25.61	8.7%	4.37	17.13	0.28	17.62	4.39	3.6	3.6%	27.61	27.61%
GLBSL	1,629	+28.02	+1.75%	0	0.14	169.51	352.61%	9.34	31.11	31.11	344.46	8.14	13.37	8.09%	10.41	56.7	-	55.61	7.58	1.87	1.87%	20.28	20.28%
GMFBS	1,154	-10.01	-0.86%	0	0.12	158	105.93%	9.42	28.68	28.68	319.31	7.16	13.91	13.79%	7.52	41.42	17.72	40.41	5.77	1.68	1.68%	17.09	17.09%
HLBSL	859	0	0%	0	0.12	185.53	93.98%	8.71	31.26	31.26	361.24	7.31	14.98	9.04%	4.69	27.81	3.12	27.83	4.17	1.8	1.8%	18.06	18.06%
ILBS	870	+13.03	+1.52%	0	0.13	161.73	120.99%	6.56	36.66	36.66	365.24	8.07	22.62	12.92%	5.34	23.57	0.25	23.43	5.33	2.89	2.89%	23.03	23.03%
JALPA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
JBLB	1,255.8	+5.75	+0.46%	0.02	0.13	279.95	125.1%	6	61.8	61.8	623.92	7.21	25.61	5.33%	4.47	20.23	0.72	20.33	5.18	3.34	3.34%	24.42	24.42%
JSLBB	959	0	0%	0	0.12	175.1	110.76%	7.07	10.7	10.7	205.32	6.51	6.47	17.14%	5.71	93.36	3.72	90.37	6.04	0.75	0.75%	6.42	6.42%
KLBS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
KLBSL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
KMCDB	807	+7.52	+0.94%	0	0.13	178.73	114.65%	6.22	27.4	27.4	331.94	8.3	16.52	9.78%	4.32	28.2	8.41	28.25	4.66	2.21	2.21%	15.73	15.73%
LLBS	880	-4.51	-0.51%	0	0.13	204.16	194.11%	7.17	24.2	24.2	333.41	7.1	12.32	11.93%	4.51	38.01	0.08	36.24	4.68	1.59	1.59%	13.24	13.24%
MATRI	725	+10.01	+1.4%	0	0.12	145.42	114.29%	12.35	45.13	45.13	384.27	6.32	18.68	26.61%	5.77	18.59	0.03	17.46	3.47	2.3	2.3%	27.46	27.46%
MERO	618	+27.8	+4.71%	0.01	0.11	149.87	87.82%	8.3	8.47	8.47	169	5.92	6.22	17.32%	4.47	79.1	-	75.09	4.92	0.69	0.69%	5.63	5.63%
MKLB	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	1,155.5	15.6	1.36%	0.01	0.124	210.21	130.26%	7.23	39.6	39.45	423.39	7.19	19.74	10.94%	5.985	39.21	2.569	36.588	7.133	2.39	2.38%	19.18	19.13%
MED	911.05	5.08	0.54%	0	0.13	179.82	114%	6.85	34.27	34.27	363.24	7.23	18.83	9.41%	4.92	28.01	1	28.04	4.99	2.34	2.34%	18.84	18.84%
MAX	4,930	99.99	10.09%	0.03	0.14	362.38	352.61%	12.35	110.66	110.66	943.79	9.36	47.12	26.61%	19.87	103.29	17.72	90.37	28.58	4.02	4.02%	39.92	39.92%
MIN	618	-12.46	-1.13%	0	0.06	137.26	25.3%	2.09	8.47	8.47	169	4.04	6.22	2.3%	3.51	12	0.02	13.25	3.47	0.69	0.69%	5.63	5.63%