SHINE

Development Bank

High Cap

LIVE MARKET

Shine Resunga Development Bank Ltd.

Est. Falgun 11, 2065 B.S. · KalikaNagar, Butwal-11, Rupandehi, Nepal · CEO: Mr. Prakash Poudel

srdb.com.np/

NPR 427.00

▼ 13.00

-2.95%

09:14 AM NPT · Mar 29, 2026

Trading

Open

440.00

High

440.00

Low

427.00

Prev Close

440.00

Volume

75,739

Turnover

₨3.26Cr

Txns

408

Valuation · Q2 FY25/26

EPS Ann.

16.10

EPS TTM

15.17

BVPS

146.60

P/E Ann.

26.52

P/E TTM

28.15

Graham #

230.45

Capital

Mkt Cap

20.82 Arab

Total

4.88 Crore

Public

2.39 Crore

Promoter

2.49 Crore

52-Week Range

382

499

427.00

From Low

11.8%

From High

-14.4%

About

Shine Resunga Development Bank Limited (SRDBL) is a national-level development bank in Nepal, licensed by the Nepal Rastra Bank (NRB) as a “B” class financial institution. Formed through multiple mergers and expansions, the bank has established a strong presence across Nepal by offering modern, accessible, and customer-centric financial services to individuals, SMEs, and corporate clients. Headquartered in Butwal, Rupandehi, Shine Resunga Development Bank provides a comprehensive range of financial products including savings and deposit accounts, home and business loans, SME financing, microfinance services, digital and mobile banking, remittance solutions, trade finance, and card services. The bank is recognized for its robust digital transformation efforts, improved service delivery, and commitment to financial inclusion. With a well-structured branch network, dedicated workforce, and focus on governance, innovation, and community development, Shine Resunga Development Bank Limited continues to strengthen its position as a trusted and progressive financial institution supporting Nepal’s economic growth and regional development.

Approximately 226 to 250 employees

Services

Retail and corporate banking servicesSavings, current, and fixed deposit accountsHome, auto, business, and SME loansDigital and mobile banking solutionsTrade finance and remittance servicesMicrofinance and financial inclusion programsCredit and debit card servicesInvestment and advisory supportFinancial literacy and customer service

NEPSE Chart

TECHNICAL ANALYSIS

Indicator Signals

MACDStrong Buy

RSISell

SuperTrendStrong Buy

Momentum

RSI (14)

63.04

ADX

65.31

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Overall Score

Technical ScoreAbove Line

Moving Averages

SMA 20

423.66

SMA 50

413.22

Bands & Channels

BB Width %

15.22%

Volume & Flow

OBV

6,946,623

Broker Analysis (Zero-Sum)

Live 2026-03-26

Total Buy

592,682

Shares Bought

Total Sell

592,682

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Development Bank▼ ACCUMULATING

Accumulation 62%Distribution 38%

ACCUMULATORS5

Quantity153,757

Amount67,389,864

Avg Rate438.29

Rank#9

Brokers

#67# 42# 57# 68# 14

DISTRIBUTORS4

Quantity96,153

Amount42,110,333

Avg Rate437.95

Rank#11

Brokers

#65# 4# 47# 48

Net Flow Impact

+57,604units(Rs. 25,279,531)

Net Flow by Timeframe

SHINE — Broker Breakdown (7D)

▲ 15 Buyers

▼ 15 Sellers

Vol: 673,707

▲ BUY SIDE

Total: 328,702

BR#

QTY

AVG

NET

▼ SELL SIDE

Total: 345,005

BR#

QTY

AVG

NET

NET FLOW

-16,303 units

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Cash & Liquidity
Cash & Cash Equivalent	2,881,621,890	3,810,769,353	2,375,164,957	2,287,958,216	-24.38%
Money at Call & Short Notice	4,054,426,119	3,091,307,587	2,543,070,355	2,011,210,169	+31.16%
Due from NRB	4,054,426,119	3,091,307,587	2,543,070,355	2,011,210,169	+31.16%
Placement with B/FIs	0.00	0.00	0.00	0.00	-
Loans & Advances
Loans and Advances	60,727,104,760	56,470,034,211	52,312,598,106	43,180,168,901	+7.54%
Loans & Advances to B/FIs	1,188,414,593	1,634,345,107	1,896,915,475	2,723,003,128	-27.28%
Loans & Advances to Customers	59,538,690,167	54,835,689,104	50,415,682,631	40,457,165,773	+8.58%
Investments
Investment Securities	13,307,706,781	12,331,207,849	10,109,529,617	7,925,301,324	+7.92%
Investment in Subsidiaries	0.00	0.00	0.00	0.00	-
Investment in Associates	0.00	0.00	0.00	0.00	-
Investment Property	204,606,995	157,053,995	79,149,911	0	+30.28%
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	104,841,314	96,658,529	53,915,401	38,559,934	+8.47%
Deferred Tax Assets	0.00	0.00	0.00	4439744.00	-
Goodwill and Intangible Assets	136,628,945	137,882,551	128,954,771	130,315,140	-0.91%
Property & Equipment	676,138,975	611,444,370	600,967,549	579,615,071	+10.58%
Other Assets	460,109,261	377,635,451	311,365,097	238,984,870	+21.84%
Total Assets	82,553,185,040	77,083,993,896	68,514,715,765	56,396,553,369	+7.10%
Liabilities
Borrowings & Funding
Borrowings	1,524,027,729	421,139,332	872,043,172	696,407,125	+261.88%
Borrowing	0.00	365678.00	14583333.00	22916667.00	-100.00%
Debt Securities Issued	1,000,000,000	0	0	0	-
Subordinated Liabilities	0.00	0.00	0.00	0.00	-
Interbank & NRB
Due to B/FIs	524,027,729	420,773,654	557,459,839	343,490,458	+24.54%
Due to NRB	0.00	0.00	300000000.00	330000000.00	-
Deposits	73,214,082,760	69,303,795,107	60,624,394,515	49,484,583,098	+5.64%
Other Liabilities
Provisions	0.00	0.00	0.00	0.00	-
Current Tax Liabilities	0.00	0.00	0.00	0.00	-
Deferred Tax Liabilities	382,998	50,888,023	60,355,673	0	-99.25%
Other Liabilities	452,235,683	299,749,429	393,160,274	380,394,918	+50.87%
Other Liabilities & Provisions	452,618,681	350,637,452	453,515,947	380,394,918	+29.08%
Total Liabilities	75,190,729,170	70,075,571,891	61,949,953,635	50,561,385,141	+7.30%
Equity
Paid Up Capital	5,021,972,730	4,875,701,680	4,733,690,951	4,283,883,213	+3.00%
Share Premium	0.00	0.00	0.00	0.00	-
Reserves & Surpluses
Reserves	2,180,461,063	1,904,501,718	1,763,604,587	1,438,389,756	+14.49%
Reserves & Surpluses	2,340,483,140	2,132,720,325	1,831,071,179	1,551,285,015	+9.74%
Retained Earnings	160,022,077	228,218,607	67,466,592	112,895,259	-29.88%
Non-Controlling Interest	0.00	0.00	0.00	0.00	-
Total Equity	7,362,455,870	7,008,422,005	6,564,762,130	5,835,168,228	+5.05%
Total Liabilities & Equity	82,553,185,040	77,083,993,896	68,514,715,765	56,396,553,369	+7.10%

Sector Peers — Development Bank (22)

Peer Comparison

Development Bank 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)%
CORBL	1,949	-54.08	-2.7%	0.01	0.07	135.79	70.07%	4.93	-2.7	-	4.56%	5.16%	9.79%	12.88%	22.83	314.4	15.9	326.57	-596.3	161.96	0.94%	-0.51%	3.46%	-1.89%
EDBL	609.9	-12.13	-1.95%	0.01	0.06	177.95	75.87%	14.17	17.6	265.46	4.57%	4.28%	7.07%	15.58%	6.73	42.27	0.21	41.64	33.52	26.36	0.94%	1.18%	8.42%	10.48%
GBBL	412.2	-15.79	-3.69%	0.02	0.08	159.59	85.15%	21.1	23.19	288.57	4.59%	4.9%	4.78%	16.52%	4.92	18.62	2.04	18.6	16.93	12.31	1.24%	1.36%	14%	15.39%
GBBLPO	204	+4	+2%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GRDBL	1,130	-44.03	-3.75%	0.01	0.07	112.86	83.15%	3.58	11.65	172	3.92%	4.2%	4.2%	4.36%	19.67	310.03	28.63	300.28	92.27	54.21	0.32%	1.06%	3.3%	10.76%
JBBL	370.1	-14.82	-3.85%	0.02	0.07	155.09	82.04%	14.16	1.67	76.34	3.84%	4.1%	7.82%	12.6%	4.29	23.5	0.96	23.45	198.8	11.85	0.84%	0.1%	9.3%	1.09%
JBBLPO	187	0	0%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
KSBBL	492	-14.02	-2.77%	0.02	0.08	158.07	86.77%	20.43	18.32	255.26	4.17%	4.5%	4.1%	14.78%	5.72	22.12	1.99	22.3	24.87	13.09	1.1%	1%	13.56%	12.16%
KSBBLP	269	0	0%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LBBL	507	-16.98	-3.24%	0.02	0.07	190.2	85.98%	15.75	14.29	247.29	3.98%	3.98%	0%	12.08%	5.22	31.52	0.32	30.1	33.17	15.23	0.84%	0.77%	8.46%	7.68%
LBBLPO	261	0	0%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
MDB	633	-17.03	-2.62%	0.01	0.07	135.98	84.37%	9.37	13.27	201.49	4.36%	4.06%	0.45%	17.57%	8.83	64.06	0.55	66.06	46.65	45.04	1.24%	1.78%	6.96%	9.88%
MLBL	382.4	-15.6	-3.92%	0.02	0.14	165.48	85.3%	14.24	7.13	162.93	4.37%	4.94%	6.1%	13.54%	4.45	25.84	7.66	25.57	51.07	13.99	1.92%	0.96%	17.18%	8.6%
MLBLPO	193	-2.01	-1.03%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
MNBBL	387.2	-11.89	-2.98%	0.03	0.08	151.35	86.59%	16.8	21.33	269.51	4.59%	4.76%	3.75%	13.38%	4.61	20.79	1.21	21.37	16.83	11.13	1.02%	1.3%	11.66%	14.8%
MNBBLP	236.2	0	0%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NABBC	1,439	-29.07	-1.98%	0.01	0.03	28.9	65.88%	-19.16	-13.62	-	4.5%	-3.2%	57.48%	-473.75%	92.87	-70.04	0	-74.01	-104.11	1,328.71	-15.3%	-10.88%	-95.72%	-68.04%
SABBL	1,624	-59.08	-3.51%	0.01	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-
SADBL	442.3	-11.48	-2.53%	0.02	0.07	153.24	83.55%	16.21	17.22	243.67	4.57%	4.72%	6.87%	12.94%	5.28	24.95	0.61	25.42	23.93	12.93	0.94%	1.01%	11.1%	11.8%
SADBLP	232	0	0%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SAPDBL	954.5	+26.63	+2.87%	0.01	0.06	75.96	77%	6.43	15.98	165.26	3.84%	3.84%	8.29%	10.2%	21.84	129	0.67	126.59	50.94	52.65	0.6%	1.53%	8.4%	20.9%
SINDU	808	-24.99	-3%	0	0.06	94.19	64.35%	-5.55	9.7	143.38	4.59%	3.36%	6.39%	-7.98%	15.19	-128.88	0	-131.71	75.36	41.16	-0.48%	0.85%	-6.6%	11.55%

AVG	623.76	-14.2	-1.76%	0.01	0.072	135.33	79.72%	9.46	11.07	207.6	4.32%	3.83%	9.08%	-23.24%	15.889	59.156	4.05	54.815	-2.405	128.616	-0.27%	0.11%	0.96%	4.65%
MED	427.25	-13.07	-2.58%	0.01	0.07	152.3	83.35%	14.17	13.78	222.58	4.44%	4.24%	6.24%	12.91%	6.225	25.395	0.67	25.42	33.17	20.795	0.94%	1.01%	8.44%	10.62%
MAX	1,949	26.63	2.87%	0.03	0.14	190.2	86.77%	21.1	23.19	288.57	4.59%	5.16%	57.48%	17.57%	92.87	314.4	28.63	326.57	198.8	1,328.71	1.92%	1.78%	17.18%	20.9%
MIN	187	-59.08	-3.92%	0	0.03	28.9	64.35%	-19.16	-13.62	76.34	3.84%	-3.2%	0%	-473.75%	4.29	-128.88	0	-131.71	-596.3	11.13	-15.3%	-10.88%	-95.72%	-68.04%