Nirdhan Utthan Laghubitta Bittiya Sanstha Limited

MicrofinanceHigh Cap

NPR 600.10

NPR -1.3-0.22%

08:40 AM NPT · Aug 12, 2026

Est. 1998 A.D. (2055 B.S.) and commenced microfinance operations in 1999 under Nepal Rastra Bank license · Naxal, Kathmandu, Nepal (Central Office) · CEO: Shiva Raj Rawal

Nirdhan Utthan began as a microfinance institution: Nirdhan Utthan Laghubitta Bittiya Sanstha Limited was established in 1998 under the Company Act, and started formal operations in 1999 under license from the central bank.Over the years, its operations grew and it has become one of Nepal’s leading microfinance institutions, with a widespread network covering all 77 districts, reaching hundreds of thousands of clients through ~181 branch offices, 10 regional offices, and a central office in Naxal, Kathmandu. NUBL provides a broad array of financial services targeting low-income and underserved households including small loans (microcredit), deposit & savings schemes, micro-insurance, remittance services, and various social-impact and livelihood-support initiatives (such as financial literacy, entrepreneurship training, and support for agriculture or small enterprises).Their lending methodology combines group-lending models inspired by the original microfinance movement (à la Grameen Bank) and a “Self-Reliant Group” model developed in-house enabling members to graduate to individual loans after qualifying under group repayment history. As of recent disclosures (2025), NUBL has disbursed loans totaling over NPR 264 billion; its outstanding loan book is around NPR 27.15 billion, and its savings/deposit base (plus client outreach) includes over 400,000 active clients, making it among the largest microfinance/financial-inclusion institutions in Nepal.Through its operations, NUBL aims not only to provide credit but to promote self-reliance, upliftment, and poverty reduction helping low-income families access capital, start small enterprises, manage risks, and improve livelihoods across urban, rural, hill and Terai regions. Because of its outreach and social orientation, NUBL plays a dual role: as a financial-service provider and as a social-development actor. Its services help bridge the financial-inclusion gap in remote or under-served areas, giving access to formal financial services to people who otherwise may rely on informal money-lenders or money-economy outside formal banking.

Trading

Open

603.00

High

605.00

Low

599.00

Prev Close

601.40

Volume

4,091

Turnover

Rs 2,458,139.2

Txns

0

Valuation · Q3 FY25/26

EPS Ann.

7.54

EPS TTM

18.61

BVPS

214.43

P/E Ann.

79.59

P/E TTM

32.25

Graham #

190.73

Capital

Mkt Cap

15.68 Arab

Total

2.61 Crore

Public

1.28 Crore

Promoter

1.33 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Buy

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

32.45

ADX

28.91

Overall Score

23
Below Line

Technical Score

Moving Averages

SMA 20

619.62

SMA 50

627.21

Bands & Channels

BB Width %

8.02%

Volume & Flow

OBV

1,095,758

Flow Analysis

[ Live 2026-08-12 ]

Total Buy

19,748

Shares Bought

Total Sell

19,748

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

53

Participating

ACCUM/DIST

Accumulation 42%

Distribution 58%

Accumulators

3

Quantity

6,202

Amount

3,743,829

Avg Rate

603.65

Rank

#17

Brokers

#26#52#18

Distributors

3

Quantity

8,511

Amount

5,127,073

Avg Rate

602.41

Rank

#16

Brokers

#32#13#33

Net Flow Impact:

-2,309units
(Rs. -1,383,244)

Net Flow by Timeframe

NUBL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 29,757 ]

Buy Side

Total: 15,915

Broker

QTY

AVG

NET

%

35

3,365

602.52

+667

17.0%

26

3,000

606.42

+2,364

15.2%

52

2,020

599.99

+1,500

10.2%

18

1,182

602.86

+1,182

6.0%

58

1,137

602.60

+811

5.8%

54

1,008

605.36

+1,008

5.1%

66

900

602.12

+900

4.6%

14

700

603.21

+700

3.5%

41

600

602.77

+385

3.0%

49

481

605.82

+442

2.4%

16

435

601.36

+274

2.2%

42

406

605.14

+195

2.1%

29

250

602.03

+178

1.3%

4

220

602.18

+220

1.1%

51

211

601.29

+206

1.1%

Sell Side

Total: 13,842

Broker

QTY

AVG

NET

%

32

4,591

602.31

-4,191

23.3%

13

2,520

600.88

-2,495

12.8%

33

1,400

605.47

-890

7.1%

34

912

601.23

-625

4.6%

45

810

603.17

-202

4.1%

36

635

602.93

-561

3.2%

6

583

604.45

-521

3.0%

40

564

603.41

-564

2.9%

21

353

601.94

-25

1.8%

47

340

601.67

-340

1.7%

50

310

601.59

-310

1.6%

44

291

606.00

-61

1.5%

10

225

602.00

-225

1.1%

38

158

604.89

-116

0.8%

17

150

600.85

-150

0.8%

Financial Fundamentals

Financial MetricFY25/26 Q3FY24/25 Q3FY23/24 Q3FY22/23 Q3Growth %
Capital & Liabilities
Paid Up Capital2,742,6842,612,0802,612,0800+5.00%
Reserves and Surplus3,138,3202,821,8782,249,0020+11.21%
Debentures and Bonds0.000.000.000-
Borrowings1,070,400976,6373,891,7360+9.60%
Deposits22,158,82820,475,48319,777,9430+8.22%
Income Tax Liabilities0.000.000.000-
Other Liabilities369,808196,071207,5520+88.61%
Total Capital & Liabilities29,480,03927,082,14928,738,3130+8.85%
Assets
Cash and Bank Balance831,0151,727,2073,035,5120-51.89%
Money at Call & Short Notice488,775000-
Investments385,457358,914301,7350+7.40%
Loan and Advances26,258,62524,083,24424,352,6360+9.03%
Fixed Assets215,885229,630254,1280-5.99%
Non Banking Assets0.000.000.000-
Other Assets1,300,283683,154794,3030+90.34%
Total Assets29,480,03927,082,14928,738,3130+8.85%

Sector Peers — Microfinance (30)

Peer Comparison

Microfinance SECTOR — NEPAL

2025/2026 Q3

NPR/Millions

Statement

Highlight

TICKERMarket
Key Ratios
PriceChgChg%Mkt Cap (M)Asset TurnoverBook Value Per ShareC/D Ratio%Debt to EquityEPS (Annualized)EPS (TTM)Graham's NumberInterest Rate SpreadNet Interest MarginNet Profit MarginNPL%P/BP/E (Annualized)P/E (TTM)P/SROA (Annualized)ROA (TTM)%ROE (Annualized)ROE (TTM)%

ACLBSL

943+15.12+1.63%00.13179.21201.13%8.3634.0234.53373.148.747.815.466.87%7.4229.327.88.062.082.11%20.8421.15%

ADLB

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

AKBSL

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

ALBSL

1,114+0.11+0.01%0.010.13163.92113.23%8.1529.2839.86383.428.287.2915.879.88%9.3439.227.7511.072.052.79%19.2526.22%

ANLB

5,305-133.24-2.45%0.010.11484.74-4.4982.4991.55999.25-8.229.2511.17%17.7878.3764.8840.763.213.57%19.6321.79%

AVYAN

1,060+17+1.63%00.15157.84110.28%8.352.5356.82449.218.888.4525.675.14%9.8322.1419.6210.113.724.02%38.3241.45%

BPW

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

CBBL

933+2.98+0.32%0.030.12241.9395.82%5.5333.4134.99436.426.86.6518.452.32%5.0327.326.328.962.252.36%14.4715.16%

CYCL

1,237-27.96-2.21%00.11269.54110.75%9.2826.7443.18511.737.846.338.7219.7%7.7358.4533.79.0711.62%9.9316.05%

DDBL

850+10+1.19%0.020.13212.26111.22%5.6344.1345.7467.187.76825.187.52%5.2819.0618.68.533.273.39%22.6323.43%

DLBS

1,147-12.99-1.12%00.11148.796.63%11.6318.2921.19266.267.926.778.3423.62%11.5770.5459.7510.470.951.11%11.7513.61%

FMDBL

788.7-21.97-2.71%0.010.06131.53119.28%2.2711.2713196.141.374.7936.694.36%8.3773.2560.6847.772.332.69%8.7210.06%

FOWAD

935+5.02+0.54%0.010.13239.61115.98%7.0818.1516.05294.167.347.117.5518.91%6.4964.2364.748.620.950.84%7.366.5%

GBLBS

749.9+17.72+2.42%0.010.14295.1825.3%4.494036.73493.918.139.3618.984.94%3.5519.6321.246.632.612.4%1412.85%

GGBSL

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

GILB

1,078+7.6+0.71%0.010.14214.72277.7%7.0845.1647.07476.878.249.3718.928.69%7.125.3324.018.522.732.85%22.1723.11%

GLBSL

1,753-16.99-0.96%00.14168.91379.35%9.5840.6239.89389.368.598.1717.93.41%14.2144.3145.4714.112.452.41%27.3626.86%

GMFBS

1,152+19.03+1.68%00.13169.51105.16%9.2353.7152.94449.357.568.5524.1714.29%10.8525.6924.5211.043.163.12%32.1231.67%

HLBSL

875-9.91-1.12%00.13178.01101.94%8.4731.6834.99374.368.768.4715.510.04%6.9329.225.728.051.962.17%19.3621.37%

ILBS

875-2.99-0.34%00.12140.07113.65%7.8320.3133.95327.18.526.8913.9623.93%9.2147.6626.9811.831.652.77%14.6124.44%

JALPA

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

JBLB

1,270+14.81+1.18%0.020.13255.24127.25%6.3247.7357.77575.996.227.5520.194.8%6.8327.3822.459.832.653.22%20.7325.09%

JSLBB

967.1-12.94-1.32%00.11170.91108.22%6.928.0919.73275.457.36.195.2721.45%8.93141.5355.513.280.591.45%5.1212.49%

KLBS

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

KLBSL

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

KMCDB

796.3-3.68-0.46%00.13154.96111.88%6.964.3712.22206.418.98.882.7414.14%7.87209.3871.2810.210.361.03%2.767.74%

LLBS

885+0.97+0.11%00.13192.91115.22%6.7917.296.03161.787.587.779.212.59%6.7456.39156.729.231.160.4%9.573.33%

MATRI

801.1-6.87-0.85%0.010.1132.3105.65%14.415.119.04164.047.865.117.189.55%9.596399.788.040.730.44%9.155.47%

MERO

663.1+0.13+0.02%0.010.11151.87103.74%7.1113.3315.83232.588.537.1210.2918.84%6.5656.0446.1610.261.161.39%8.9510.63%

MKLB

-----------------------
AVG1,189.92-6.32-0.1%0.010.122202.45130.92%7.5431.2634.68386.557.677.4916.1611.64%8.5155.7946.5312.931.962.19%16.3118.2%
MED9390.120.02%00.13174.46111.22%7.130.4834.99378.897.927.6615.689.96%7.845.9930.759.972.072.38%14.5418.6%
MAX5,30519.032.42%0.030.15484.74379.35%14.482.4991.55999.258.99.3736.6923.93%17.78209.38156.7247.773.724.02%38.3241.45%
MIN663.1-133.24-2.71%00.06131.5325.3%2.274.376.03161.781.374.792.742.32%3.5519.0618.66.630.360.4%2.763.33%

30

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum