Progressive Finance Limited

FinanceLow Cap

NPR 435.00

NPR -5-1.14%

09:14 AM NPT · May 14, 2026

Est. 2051-06-14 B.S. (Started operations on 2052-11-14 B.S.; renamed to Progressive Finance Limited in 2067 B.S.) · Tinkune, Kathmandu, Nepal · CEO: Anil Shrestha

Progressive Finance is a “C-class” financial institution in Nepal, originally registered under the Company Act on 14 Ashwin 2051 B.S. (as a private finance company), and later renamed from “Merchant Finance Limited” to “Progressive Finance Limited” in 2067 B.S. after approval by its AGM and regulatory authorities. Starting operations on 14 Falgun 2052 B.S., it has gradually expanded its operations and footprint across Nepal. Progressive Finance provides a broad array of financial services beyond traditional micro-finance, including loans for auto/hire-purchase, real estate, personal loans, SME/business loans, loans against fixed deposits, and also supports sectors like agriculture via unified-agriculture loans.They also offer deposit mobilisation, savings, fixed deposits, and recently have bolstered their digital banking offerings through a mobile banking app contributing to financial inclusion and convenience for clients across urban and rural areas. Over time, PROFL has built up its capital base significantly: after issuing public and right shares, as of 15 Baishakh 2076 B.S. its total collected capital stood at NPR 800,100,000. On the Nepal Stock Exchange (NEPSE), PROFL is listed under the symbol “PROFL.” In recent years, the company has gone through ups and downs: in the first quarter of fiscal year 2082/83, it reported a net loss of NPR 39.08 million a reminder of the risks finance firms face under changing macroeconomic conditions, interest rate fluctuations, and possibly rising non-performing assets. Despite these, Progressive Finance remains a recognized name in Nepal’s finance sector, leveraging both traditional lending/deposit services and digital banking tools to serve a wide customer base.

www.pfltd.com.np/

Trading

Open

440.00

High

440.00

Low

430.00

Prev Close

440.00

Volume

3,489

Turnover

Rs 1,511,874.4

Txns

Valuation · Q2 FY25/26

EPS Ann.

-6.90

EPS TTM

-0.31

BVPS

73.93

P/E Ann.

-63.04

P/E TTM

-1,403.23

Graham #

N/A

Capital

Mkt Cap

3.69 Arab

Total

84.81 Lakh

Public

41.56 Lakh

Promoter

43.25 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

37.73

ADX

28.32

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

445.18

SMA 50

461.88

Bands & Channels

BB Width %

6.15%

Volume & Flow

OBV

5,672,033

Flow Analysis

[ Live 2026-05-14 ]

Total Buy

23,169

Shares Bought

Total Sell

23,169

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 56%

Distribution 44%

Accumulators

Quantity

6,996

Amount

3,070,888

Avg Rate

438.95

Rank

#14

Brokers

#58#42#35

Distributors

Quantity

5,457

Amount

2,379,691

Avg Rate

436.08

Rank

#15

Brokers

#34#22

Net Flow Impact:

+1,539units

(Rs. 691,197)

Net Flow by Timeframe

PROFL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 35,763 ]

Buy Side

Total: 16,768

Broker

QTY

AVG

NET

3,226

441.21

+2,083

13.9%

2,079

434.48

+2,079

9.0%

1,691

440.13

+1,691

7.3%

1,560

443.73

+1,560

6.7%

1,212

443.53

+789

5.2%

1,115

438.26

+1,115

4.8%

1,055

439.45

+273

4.5%

758

442.61

+758

3.3%

745

447.11

+540

3.2%

700

434.74

+700

3.0%

675

435.35

+221

2.9%

574

447.84

+561

2.5%

500

433.20

+400

2.2%

454

440.37

+454

2.0%

424

435.50

+414

1.8%

Sell Side

Total: 18,995

Broker

QTY

AVG

NET

3,282

434.47

-2,822

14.2%

2,175

438.51

-1,973

9.4%

1,922

442.47

-1,347

8.3%

1,910

437.27

-810

8.2%

1,400

444.78

-900

6.0%

1,080

436.11

-480

4.7%

1,066

439.73

-1,020

4.6%

1,050

440.96

-950

4.5%

1,000

435.00

-750

4.3%

101

1,000

440.39

-1,000

4.3%

888

433.29

-788

3.8%

700

444.00

-242

3.0%

650

440.77

-650

2.8%

505

445.33

-505

2.2%

367

449.03

-322

1.6%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Cash & Liquidity
Cash & Cash Equivalent	453,751,186	1,527,591,737	779,226,729	914,721,081	-70.30%
Money at Call & Short Notice	1,513,901,015	219,436,386	256,285,067	204,425,600	+589.90%
Due from NRB	1,513,901,015	219,436,386	256,285,067	204,425,600	+589.90%
Placement with B/FIs	0.00	0.00	0.00	0.00	-
Loans & Advances
Loans and Advances	5,237,667,426	4,673,889,582	3,926,446,458	3,810,992,140	+12.06%
Loans & Advances to B/FIs	157,868,592	368,621,268	324,325,302	117,506,244	-57.17%
Loans & Advances to Customers	5,079,798,834	4,305,268,314	3,602,121,156	3,693,485,896	+17.99%
Investments
Investment Securities	609,392,145	805,789,801	836,540,716	813,371,224	-24.37%
Investment in Subsidiaries	0.00	0.00	0.00	0.00	-
Investment in Associates	0.00	0.00	0.00	0.00	-
Investment Property	251,333,055	239,067,422	119,510,280	15,049,440	+5.13%
Other Assets
Derivative Financial Instruments	0.00	0.00	0.00	0.00	-
Other Trading Assets	0.00	0.00	0.00	0.00	-
Current Tax Assets	19,402,307	30,302,938	37,792,364	30,397,339	-35.97%
Deferred Tax Assets	9,557,683	7,743,036	6,768,415	5,171,607	+23.44%
Goodwill and Intangible Assets	8,921,379	8,058,992	4,028,969	2,032,427	+10.70%
Property & Equipment	293,479,810	329,088,924	114,256,462	121,772,922	-10.82%
Other Assets	69,528,630	51,529,995	25,699,582	75,011,760	+34.93%
Total Assets	8,466,934,636	7,892,498,813	6,106,555,042	5,992,945,541	+7.28%
Liabilities
Borrowings & Funding
Borrowings	117,644,351	212,052,632	1,551,903,578	378,638,410	-44.52%
Borrowing	0.00	0.00	0.00	0.00	-
Debt Securities Issued	0.00	0.00	0.00	0.00	-
Subordinated Liabilities	0.00	0.00	0.00	0.00	-
Interbank & NRB
Due to B/FIs	117,644,351	212,052,632	1,551,903,578	28,638,410	-44.52%
Due to NRB	0.00	0.00	0.00	350000000.00	-
Deposits	7,531,389,118	6,805,157,070	3,997,000,950	4,668,777,896	+10.67%
Other Liabilities
Provisions	0.00	0.00	0.00	0.00	-
Current Tax Liabilities	0.00	31639155.00	0.00	0.00	-100.00%
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	-
Other Liabilities	190,909,649	206,407,383	34,744,246	35,942,182	-7.51%
Other Liabilities & Provisions	190,909,649	238,046,538	34,744,246	35,942,182	-19.80%
Total Liabilities	7,839,943,118	7,255,256,240	5,583,648,774	5,083,358,488	+8.06%
Equity
Paid Up Capital	848,106,000	848,106,000	848,106,000	848,106,000	0.00%
Share Premium	0.00	0.00	0.00	0.00	-
Reserves & Surpluses
Reserves	247,584,133	229,775,862	124,900,918	86,891,782	+7.75%
Reserves & Surpluses	-221,114,482	-210,863,427	-325,199,732	61,481,053	-4.86%
Retained Earnings	-468,698,615	-440,639,289	-450,100,650	-25,410,729	-6.37%
Non-Controlling Interest	0.00	0.00	0.00	0.00	-
Total Equity	626,991,518	637,242,573	522,906,268	909,587,053	-1.61%
Total Liabilities & Equity	8,466,934,636	7,892,498,813	6,106,555,042	5,992,945,541	+7.28%

Sector Peers — Finance (14)

Peer Comparison

Finance SECTOR — NEPAL

2025/2026 Q2

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	BVPS	C/D Ratio%	EPS (Annu.)	EPS (TTM)	Graham's No.	Int. Rate Spread%	NIM%	NPL%	NPM%	P/B	P/E (Annu.)	PEG	P/E (Latest)	P/E (TTM)	P/S	ROA (Annu.)%	ROA (TTM)%	ROE (Annu.)%	ROE (TTM)%
BFC	455	-3.3	-0.72%	-	0.07	107.3	67.94%	3.93	4.14	99.97	4.18%	3.72%	13.87%	6.9%	8.67	118.3	0.59	118.32	112.32	32.69	0.48%	0.51%	3.28%	3.46%
CFCL	492	-5.98	-1.2%	-	0.07	113.65	60.96%	8.26	13.16	183.44	4.4%	4.46%	14.18%	12.31%	8.69	59.81	0.06	64.77	40.65	29.46	0.82%	1.33%	6.68%	10.64%
GFCL	615	-1.97	-0.32%	-	0.09	256.65	72.24%	23.61	11.24	254.77	4.44%	7.04%	6.7%	16.44%	4.89	26.6	0.03	27.11	56.94	17.49	1.4%	0.67%	10.36%	4.93%
GMFIL	455	-1.41	-0.31%	-	0.06	164.67	66.57%	3.33	6.59	156.26	4.57%	4.1%	6.94%	5.16%	5.54	136.94	0.78	137.24	69.35	28.28	0.32%	0.66%	2.12%	4.2%
GUFL	519.5	-3.5	-0.67%	-	0.06	148.65	73.25%	14.21	-7.27	-	4.57%	3.56%	17.46%	19.61%	6.82	35.68	0.02	38.56	-75.38	28	1.1%	-0.56%	9.3%	-4.76%
ICFC	621.9	+1.67	+0.27%	-	0.08	170.19	80.06%	5.41	22.63	294.37	4.48%	3.46%	3.51%	3.5%	7.55	118.82	0	118.34	28.29	16.67	0.26%	1.13%	3.2%	13.45%
JFL	407	0	0%	-	0.05	-1.98	94.01%	1.07	-39.75	-	4.6%	2.72%	53.8%	2.59%	-	392.52	0	397.01	-10.69	163.27	0.12%	-4.91%	3.24%	-120.61%
MFIL	793	-10.04	-1.25%	-	0.08	175.29	84.84%	20.03	24.61	311.55	4.59%	4.44%	3.64%	12.57%	8.75	38.29	2.38	37.29	30.35	19.26	1.04%	1.3%	11.72%	14.41%
MPFL	605	-4.02	-0.66%	-	0.07	118.58	59.98%	2.57	1.82	69.68	4.58%	3.48%	8.3%	6.18%	10.49	242.06	0	237.35	335.16	59.9	0.4%	0.28%	2.18%	1.55%
NFS	564	-1.98	-0.35%	-	0.06	121.25	65.15%	-22.52	-11.1	-	4.58%	2.48%	16.73%	-54.62%	10.32	-27.78	0	-27.75	-56.31	60.7	-3.42%	-1.68%	-18%	-8.87%
PFL	367	-1.81	-0.49%	-	0.06	78.22	70.21%	43.2	91.05	400.3	3.69%	3.1%	25.1%	83.52%	9.08	8.22	0.06	8.61	4.09	27.47	4.7%	9.92%	65.36%	137.76%
RLFL	430	-3.99	-0.92%	-	0.07	112.03	79.11%	0.31	14.64	192.1	4.59%	3.32%	9.09%	0.46%	7.59	1,370.97	14.21	1,441.94	30.53	25.77	0.02%	1.6%	0.28%	13.99%
SFCL	363.2	-7.79	-2.1%	-	0.07	59.96	72.92%	0.29	11.71	125.69	4.57%	3.48%	8.17%	0.94%	12.34	1,275.86	12.89	1,313.79	32.54	48.72	0.06%	2.83%	0.5%	21.26%
SIFC	525	-7.99	-1.5%	-	0.07	136.25	75.26%	2.43	6.79	144.28	3.84%	3.6%	3.83%	3.31%	7.27	203.7	0	237.45	84.98	27.01	0.24%	0.67%	1.78%	4.98%

AVG	515.19	-3.72	-0.73%	-	0.069	125.76	73.04%	7.58	10.73	202.95	4.41%	3.78%	13.67%	8.49%	8.308	285.714	2.216	296.431	48.773	41.764	0.54%	0.98%	7.29%	6.88%
MED	505.75	-3.4	-0.67%	-	0.07	119.91	72.58%	3.63	9.02	183.44	4.57%	3.52%	8.7%	5.67%	8.67	118.56	0.045	118.33	31.535	28.14	0.36%	0.67%	3.22%	4.96%
MAX	793	1.67	0.27%	-	0.09	256.65	94.01%	43.2	91.05	400.3	4.6%	7.04%	53.8%	83.52%	12.34	1,370.97	14.21	1,441.94	335.16	163.27	4.7%	9.92%	65.36%	137.76%
MIN	363.2	-10.04	-2.1%	-	0.05	-1.98	59.98%	-22.52	-39.75	69.68	3.69%	2.48%	3.51%	-54.62%	4.89	-27.78	0	-27.75	-75.38	16.67	-3.42%	-4.91%	-18%	-120.61%