Upakar Laghubitta Bittiya Sanstha Limited

MicrofinanceLow Cap

NPR 2,955.00

NPR -15-0.51%

08:29 AM NPT · May 15, 2026

Est. 2075-11-17 B.S. (registered in Kohalpur, Banke; commenced operations on 2075-12-01) · Kohalpur, Banke, Lumbini Province, Nepal

Upakar Laghubitta Bittiya Sanstha Limited is a “D-class” microfinance institution licensed by Nepal Rastra Bank (NRB), operating primarily in the Lumbini Province of Nepal.The institution traces its formal establishment to Magh 17, 2075 B.S., when it was registered in Kohalpur, Banke; services commenced on 1 Chaitra 2075 B.S. under the regulation of the Company Act.Since then, ULBSL has expanded its reach as of its most recent disclosures it operates 36 branches across 12 districts in Lumbini Province, aiming to enhance financial inclusion by providing microfinance and related financial services to underserved, rural, or low-income communities. ULBSL offers a variety of financial products tailored to its clientele: micro-loans for livelihood, agriculture, small business and household needs; savings and deposit schemes; remittance services; and in some cases even insurance-linked microfinance solutions. The institution positions itself with a social mission promoting economic empowerment, livelihood improvement, and financial inclusion among marginalized communities, especially in areas with limited access to traditional banking. Financially, ULBSL has recently demonstrated a turnaround: in the fourth quarter of fiscal year 2081/82, the company posted a net profit of NPR 3.42 Crore, a sharp recovery from a prior year loss with earnings-per-share (EPS) reported at Rs. 32.26 and improved net worth per share.The quarter also saw growth in deposits and loan-outstanding figures, indicating rising business activity and client engagement. At the same time, the institution has disclosed increased borrowing and some deterioration in capital-adequacy and non-performing-loan (NPL) metrics reflecting the balancing act many MFIs face between growth, financial stability, and credit risk. Overall, ULBSL exemplifies a mid-sized microfinance institution with roots in community-level financial services, gradually evolving to a broader footprint while striving for financial sustainability. Its growth path reflects both the opportunities and the challenges in Nepal’s microfinance sector namely, how to extend credit access to underserved populations without compromising sound financial management.

www.ulbsl.com.np/facebook

Trading

Open

2,850.00

High

3,087.00

Low

2,826.00

Prev Close

2,970.00

Volume

603

Turnover

Rs 1,727,436

Txns

Valuation · Q2 FY25/26

EPS Ann.

27.06

EPS TTM

29.93

BVPS

275.33

P/E Ann.

109.20

P/E TTM

98.73

Graham #

409.43

Capital

Mkt Cap

3.14 Arab

Total

10.61 Lakh

Public

3.82 Lakh

Promoter

6.79 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Downtrend

Strength

Strong

Momentum

RSI (14)

37.63

ADX

26.39

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

2995.41

SMA 50

3118.74

Bands & Channels

BB Width %

8.18%

Volume & Flow

OBV

353,359

Flow Analysis

[ Live 2026-05-15 ]

Total Buy

8,612

Shares Bought

Total Sell

8,612

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 34%

Distribution 66%

Accumulators

Quantity

1,706

Amount

4,916,592

Avg Rate

2881.94

Rank

#16

Brokers

#36#45#40#48

Distributors

Quantity

3,338

Amount

9,585,665

Avg Rate

2871.68

Rank

Brokers

#38#62

Net Flow Impact:

-1,632units

(Rs. -4,669,073)

Net Flow by Timeframe

ULBSL — Broker Breakdown (7D)

15 Buyers13 Sellers

[ Vol: 10,999 ]

Buy Side

Total: 6,557

Broker

QTY

AVG

NET

2,531

2989.26

+46

29.4%

566

2863.95

+423

6.6%

510

2915.44

+185

5.9%

455

2855.16

+91

5.3%

430

2860.35

+264

5.0%

423

2919.30

+423

4.9%

287

2894.71

+287

3.3%

280

2876.32

+170

3.3%

242

2857.22

+107

2.8%

210

2867.86

+200

2.4%

193

2872.60

+48

2.2%

120

2842.25

+79

1.4%

108

2879.35

+98

1.3%

102

2890.72

+102

1.2%

100

2900.00

+90

1.2%

Sell Side

Total: 4,442

Broker

QTY

AVG

NET

2,548

2874.54

-1,923

29.6%

790

2862.45

-588

9.2%

500

2877.28

-490

5.8%

371

2869.64

-211

4.3%

2957.87

-59

0.9%

2900.00

-52

0.6%

2972.68

-20

0.5%

2820.94

-16

0.2%

2950.00

-10

0.1%

2983.90

-10

0.1%

2900.00

-10

0.1%

2946.00

-10

0.1%

2950.00

-10

0.1%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Capital & Liabilities
Paid Up Capital	106,148,200	106,148,000	106,148,000	65,625,000	0.00%
Reserves and Surplus	186,110,345	112,614,000	128,778,000	155,308,000	+65.26%
Debentures and Bonds	0.00	0.00	0.00	0.00	-
Borrowings	828,533,958	892,971,000	561,746,000	812,251,000	-7.22%
Deposits	1,500,660,875	1,289,467,000	1,127,685,000	1,102,145,000	+16.38%
Income Tax Liabilities	0.00	0.00	0.00	23603000.00	-
Other Liabilities	511,818,517	409,935,000	366,423,000	185,021,000	+24.85%
Total Capital & Liabilities	3,159,044,487	2,811,135,000	2,290,780,000	2,343,953,000	+12.38%
Assets
Cash and Bank Balance	14,362,255	325,584,000	96,586,000	152,572,000	-95.59%
Money at Call & Short Notice	217,682,915	0	0	0	-
Investments	0.00	0.00	0.00	0.00	-
Loan and Advances	2,614,519,566	2,338,521,000	2,045,418,000	2,121,587,000	+11.80%
Fixed Assets	9,810,608	8,916,000	9,925,000	11,887,000	+10.03%
Non Banking Assets	0.00	0.00	0.00	0.00	-
Other Assets	302,669,143	138,114,000	138,851,000	57,907,000	+119.14%
Total Assets	3,159,044,487	2,811,135,000	2,290,780,000	2,343,953,000	+12.38%

Sector Peers — Microfinance (30)

Peer Comparison

Microfinance 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)%
ACLBSL	949.9	-2.09	-0.22%	0	0.13	169.98	213.9%	32.57	33.11	355.85	8.27%	7.44%	5.2%	14.84%	11.3	29.47	0.38	31.23	30.72	17.51	1.98%	2.01%	21%	21.36%
ADLB	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
AKBSL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ALBSL	1,100	-5.53	-0.5%	0.01	0.13	158.08	6.57%	31.29	38.77	371.35	8.4%	7.16%	10.15%	17.5%	14.95	37.78	0.09	35.6	28.73	26.45	2.24%	2.79%	21.34%	26.44%
ANLB	6,020	+15.01	+0.25%	0.01	0.12	428.75	0%	77.9	85.26	906.91	0%	-	11.81%	27.93%	28.45	78.31	0.31	80.87	73.89	87.5	3.32%	3.65%	20.24%	22.16%
AVYAN	1,129	+8.96	+0.8%	0	0.03	149.39	109.7%	61.89	55.85	433.27	8.34%	8.86%	4.15%	29.02%	12.66	15.29	0.01	15.51	17.19	17.75	0.9%	0.81%	47.92%	43.25%
BPW	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CBBL	907	-4.47	-0.49%	0.03	0.13	233.66	94.92%	31.85	35.31	430.86	5.51%	6.96%	2.45%	17.74%	7.89	28.95	963	28.89	26.05	20.54	2.22%	2.46%	14.32%	15.87%
CYCL	1,466.1	-5.89	-0.4%	0	0.12	268.72	111.75%	27.99	41.89	503.26	7.91%	6.38%	18.48%	9.02%	11.24	53.96	0	55.09	36.81	19.47	1.06%	1.61%	10.74%	16.09%
DDBL	844.5	-2.54	-0.3%	0.02	0.14	221.13	115.62%	47.41	47.55	486.4	7.83%	8.32%	8.43%	24.37%	7.42	17.3	0.27	17.51	17.46	16.87	3.36%	3.37%	23.26%	23.33%
DLBS	1,315	-7.94	-0.6%	0	0.12	179.13	94.98%	18.38	19.05	277.09	7.67%	7.44%	9.83%	7.8%	14.52	70.73	0.15	71.27	68.77	22.09	0.94%	0.98%	10.82%	11.23%
FMDBL	796	+0.08	+0.01%	0.01	0.06	128.31	114.74%	10.47	11.14	179.33	1.42%	4.14%	4.52%	35.1%	12.39	75.93	2.15	74.4	69.93	106.64	2.12%	2.27%	8.24%	8.78%
FOWAD	1,059	+9.03	+0.86%	0.01	0.13	234.69	112.57%	31.98	20.71	330.7	7.31%	7.3%	8.92%	13.3%	9.12	33.46	0.02	32.86	50.75	17.8	1.7%	1.1%	13.14%	8.51%
GBLBS	773	+1.08	+0.14%	0.01	0.14	278.07	26.68%	43.75	34.76	466.35	8.84%	9.62%	4.76%	20.85%	5.57	17.69	1.06	17.21	21.66	14.76	2.94%	2.34%	15.96%	12.68%
GGBSL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GILB	1,120	+9	+0.81%	0.01	0.15	197.29	282.59%	32.67	34.47	391.17	8.43%	9.46%	8.96%	13.69%	11.67	35.23	0	33.76	32	19.3	2.02%	2.14%	16.8%	17.73%
GLBSL	1,790	+9.97	+0.56%	0	0.14	159.33	393.94%	40.22	38.34	370.74	8.44%	8.32%	3.13%	17.81%	24.15	47.84	0.9	41.57	0	34.09	2.5%	2.38%	28.82%	27.47%
GMFBS	1,334.6	+7.56	+0.57%	0	0.14	185.26	107.54%	-4.71	17.54	270.39	8.32%	8.86%	14.37%	-2.06%	16.14	-317.41	0	-309.55	83.12	26.18	-0.28%	1.07%	-2.96%	11.05%
HLBSL	890	0	0%	0	0.11	167.35	95.52%	26.24	32.38	349.17	8.6%	7.9%	8.58%	13.2%	10.68	34.05	0.57	34.49	27.95	17.99	1.48%	1.82%	16.98%	20.97%
ILBS	922.5	-12.53	-1.34%	0	0.13	136.88	119.88%	24.07	49.91	392.06	8.31%	7.38%	17.85%	15.51%	14.52	41.3	0.24	39.05	18.83	25.63	2%	4.16%	18.84%	39.06%
JALPA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
JBLB	1,305	-9.99	-0.76%	0.02	0.13	277.15	124.79%	50.65	60.15	612.44	5.85%	7.32%	5.98%	19.57%	9.54	26.1	0.39	25.94	21.84	20.44	2.56%	3.05%	20.08%	23.85%
JSLBB	1,102	+11.99	+1.1%	0	0.11	170.87	107.57%	11.8	19.17	271.48	7.6%	6.12%	9.15%	7.55%	13.55	98.14	0.42	95.25	58.63	29.66	0.86%	1.4%	7.44%	12.11%
KLBS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
KLBSL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
KMCDB	872	+5.98	+0.69%	0	0.14	164.7	112.75%	26.09	27.74	320.62	8.67%	8.82%	11.42%	16.43%	11.48	36.22	1.33	34.92	32.84	23.81	2.3%	2.45%	16.28%	17.31%
LLBS	966	+12.02	+1.26%	0	0.12	187.67	107.03%	15.31	8.11	185.05	6.19%	7.64%	13.04%	8.25%	9.88	60.55	0.66	60.42	114.06	19.99	0.98%	0.52%	8.78%	4.65%
MATRI	895	+0.98	+0.11%	0.01	0.1	119.9	102.58%	11.25	9.36	158.91	7.28%	4.96%	10.48%	5.5%	16.35	87.11	0.6	85.78	103.1	19.18	0.54%	0.45%	7%	5.84%
MERO	710	-5.08	-0.71%	0.01	0.12	155.78	110.81%	13.88	16.56	240.92	8.6%	7.38%	19.54%	10.28%	9.53	53.46	3.4	51.59	43.24	21.99	1.24%	1.48%	9.08%	10.84%
MKLB	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	1,284.85	1.62	0.08%	0.01	0.12	198.73	121.2%	30.13	33.51	377.47	7.17%	7.51%	9.6%	15.6%	12.864	30.066	44.361	29.712	44.435	28.438	1.77%	2.01%	16.1%	18.21%
MED	1,012.5	0.53	0.06%	0	0.13	175	110.26%	29.64	33.79	363.3	8.09%	7.44%	9.06%	15.18%	11.575	37	0.385	35.26	32.42	20.49	1.99%	2.08%	16.12%	16.7%
MAX	6,020	15.01	1.26%	0.03	0.15	428.75	393.94%	77.9	85.26	906.91	8.84%	9.62%	19.54%	35.1%	28.45	98.14	963	95.25	114.06	106.64	3.36%	4.16%	47.92%	43.25%
MIN	710	-12.53	-1.34%	0	0.03	119.9	0%	-4.71	8.11	158.91	0%	4.14%	2.45%	-2.06%	5.57	-317.41	0	-309.55	0	14.76	-0.28%	0.45%	-2.96%	4.65%