Nirdhan Utthan Laghubitta Bittiya Sanstha Limited

MicrofinanceHigh Cap

NPR 605.40

NPR -7.6-1.24%

09:12 AM NPT · Aug 7, 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

602.00

High

610.00

Low

602.00

Prev Close

613.00

Volume

2,996

Turnover

Rs 1,814,556.8

Txns

0

Valuation · Q3 FY25/26

EPS Ann.

7.54

EPS TTM

18.61

BVPS

214.43

P/E Ann.

80.29

P/E TTM

32.53

Graham #

190.73

Capital

Mkt Cap

15.81 Arab

Total

2.61 Crore

Public

1.28 Crore

Promoter

1.33 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Buy

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Weak

Momentum

RSI (14)

36.45

ADX

18

Overall Score

20
Below Line

Technical Score

Moving Averages

SMA 20

618.32

SMA 50

630.81

Bands & Channels

BB Width %

9.32%

Volume & Flow

OBV

1,101,778

Flow Analysis

[ Live 2026-08-07 ]

Total Buy

9,358

Shares Bought

Total Sell

9,358

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

47

Participating

ACCUM/DIST

Accumulation 48%

Distribution 52%

Accumulators

2

Quantity

2,498

Amount

1,519,697

Avg Rate

608.37

Rank

#34

Brokers

#26#54

Distributors

3

Quantity

2,693

Amount

1,627,320

Avg Rate

604.28

Rank

#36

Brokers

#33#36#34

Net Flow Impact:

-195units
(Rs. -107,624)

Net Flow by Timeframe

NUBL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 14,267 ]

Buy Side

Total: 7,875

Broker

QTY

AVG

NET

%

26

1,500

610.34

+1,400

16.0%

58

1,045

613.03

+463

11.2%

54

998

605.40

+988

10.7%

42

783

612.01

+381

8.4%

45

670

606.51

+23

7.2%

51

535

608.06

+535

5.7%

21

528

606.89

+425

5.6%

57

485

608.39

+258

5.2%

16

361

603.38

+341

3.9%

56

325

618.52

+316

3.5%

49

165

610.00

+165

1.8%

89

165

612.00

+165

1.8%

35

110

619.94

+110

1.2%

32

105

602.14

+85

1.1%

62

100

612.00

+40

1.1%

Sell Side

Total: 6,392

Broker

QTY

AVG

NET

%

33

1,400

605.47

-1,220

15.0%

34

658

603.05

-563

7.0%

36

635

602.93

-635

6.8%

52

500

614.00

-500

5.3%

17

428

606.19

-428

4.6%

1

408

613.22

-337

4.4%

10

404

606.43

-404

4.3%

74

400

610.94

-400

4.3%

41

365

607.50

-65

3.9%

13

320

606.90

-181

3.4%

44

291

606.00

-96

3.1%

25

176

613.05

-76

1.9%

47

140

605.00

-140

1.5%

40

134

619.91

-134

1.4%

22

133

613.25

-133

1.4%

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

917-3.04-0.33%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

1,091+5.97+0.55%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

5,996+471.77+8.54%0.010.11484.74-4.4982.4991.55999.25-8.229.2511.17%17.7878.3764.8840.763.213.57%19.6321.79%

AVYAN

1,053+11.04+1.06%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

929-0.93-0.1%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

1,280-10.06-0.78%00.11269.54110.75%9.2826.7443.18511.737.846.338.7219.7%7.7358.4533.79.0711.62%9.9316.05%

DDBL

829-6.01-0.72%0.020.13212.26111.22%5.6344.1345.7467.187.76825.187.52%5.2819.0618.68.533.273.39%22.6323.43%

DLBS

1,165-17.14-1.45%00.11148.796.63%11.6318.2921.19266.267.926.778.3423.62%11.5770.5459.7510.470.951.11%11.7513.61%

FMDBL

781+22.97+3.03%0.010.06131.53119.28%2.2711.2713196.141.374.7936.694.36%8.3773.2560.6847.772.332.69%8.7210.06%

FOWAD

930+2.87+0.31%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

738+1.03+0.14%0.010.14295.1825.3%4.494036.73493.918.139.3618.984.94%3.5519.6321.246.632.612.4%1412.85%

GGBSL

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

GILB

1,070-19.95-1.83%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

1,795.9-5.04-0.28%00.14168.91379.35%9.5840.6239.89389.368.598.1717.93.41%14.2144.3145.4714.112.452.41%27.3626.86%

GMFBS

1,154-29.1-2.46%00.13169.51105.16%9.2353.7152.94449.357.568.5524.1714.29%10.8525.6924.5211.043.163.12%32.1231.67%

HLBSL

870-10.03-1.14%00.13178.01101.94%8.4731.6834.99374.368.768.4715.510.04%6.9329.225.728.051.962.17%19.3621.37%

ILBS

876.9-2.11-0.24%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

1,260.8+0.76+0.06%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

980-10-1.01%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

777+16.8+2.21%00.13154.96111.88%6.964.3712.22206.418.98.882.7414.14%7.87209.3871.2810.210.361.03%2.767.74%

LLBS

885-9.84-1.1%00.13192.91115.22%6.7917.296.03161.787.587.779.212.59%6.7456.39156.729.231.160.4%9.573.33%

MATRI

811-1.22-0.15%0.010.1132.3105.65%14.415.119.04164.047.865.117.189.55%9.596399.788.040.730.44%9.155.47%

MERO

661.2-4.8-0.72%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

-----------------------
AVG1,220.4918.360.16%0.010.122202.45130.92%7.5431.2634.68386.557.677.4916.1611.64%8.5155.7946.5312.931.962.19%16.3118.2%
MED929.5-2.57-0.26%00.13174.46111.22%7.130.4834.99378.897.927.6615.689.96%7.845.9930.759.972.072.38%14.5418.6%
MAX5,996471.778.54%0.030.15484.74379.35%14.482.4991.55999.258.99.3736.6923.93%17.78209.38156.7247.773.724.02%38.3241.45%
MIN661.2-29.1-2.46%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