Excel Development Bank Ltd. (EDBL) Share Price & Fundamentals
Excel Development Bank (EDBL) share price is Rs. 580.10, down 0.65% on 2026-09-22. Open Rs. 577.00. High Rs. 591.00. Low Rs. 577.00. Volume 15,546.
Excel Development Bank Ltd. is a NEPSE-listed company (EDBL), Development Banks sector. Revenue: Rs. 76.24 Crore. Net profit: Rs. 30.94 Crore. Net worth: Rs. 193.86 Crore.
About Excel Development Bank Ltd.
Excel Development Bank Limited is a Class 'B' development bank licensed by Nepal Rastra Bank, established in 2005 and listed on NEPSE in 2007. Headquartered in Birtamode, Jhapa, it operates under the tagline 'Your Local Partner' and serves eastern Nepal with deposit, credit, remittance and digital banking services for households, agriculture and small and medium enterprises. The bank has a paid-up capital of roughly NPR 1.25 billion. It has no subsidiaries and reports on a standalone basis.
Excel Development Bank Ltd. (EDBL) has 1,24,96,945 shares outstanding. It listed on NEPSE in 2007.
Company website: edb.com.np.
EDBL key metrics
EDBL strengths
What Excel Development Bank Ltd.'s own accounts show in its favour, graded against the rest of its sector.
- Lends out 73.4% of deposits, comfortably within the 90% Nepal Rastra Bank allows. (Liquidity & Funding)
- Profit grew 656.5% on last year. (Growth)
- Bad-loan charges come to -25.5% of income, so borrowers are paying back well. (Asset Quality)
- 96.4% of its funding comes from customer deposits, which are cheap and stable. (Liquidity & Funding)
- Turns 40.6% of its income into profit once every cost is paid. (Profitability)
- Keeps 70.8% of income as profit from everyday banking, before tax. (Profitability)
- Income from lending grew 17.7% on last year, so the core business is expanding. (Growth)
- 85.1% of income comes from lending, which is steady and predictable. (Margins & Income Quality)
- Total income grew 19.9% on last year. (Growth)
- 11.2% of what the bank owns belongs to shareholders rather than depositors and lenders. (Capital Strength)
- 12.5% of income comes from fees and commissions, so it does not depend on lending alone. (Margins & Income Quality)
- Owns 8.9x for every rupee shareholders put in, a modest multiple that limits risk. (Capital Strength)
- Loans are 62.8% of what the bank owns, a balanced mix alongside other assets. (Asset Quality)
EDBL weaknesses
What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.
- Return on shareholders' money is 2.2%, below what owners would hope for. (Profitability)
- Return on everything it owns is 0.3%, so its assets are not producing much. (Profitability)
- Staff costs take 36.5% of income, a heavy load on earnings. (Efficiency)
- The loan book moved 3.2%, so lending is not expanding. (Growth)
- Makes only 3.2% from the gap between lending and deposit rates, so core earnings are squeezed. (Margins & Income Quality)
- Each share produced Rs 24.76 over the year. (Shareholder Returns)
- Deposits moved 7.2%, so its cheapest source of funding is not growing. (Growth)
- Each share is backed by only Rs 155.12 of net worth. (Shareholder Returns)
- The bank's size moved 7.2% over the year. (Shareholder Returns)
EDBL Q4 2082/83 results
In Q4 2082/83 Excel Development Bank Ltd. reported profit of Rs. 15.37 crore and total operating income of Rs. 27.56 crore. Profit in Q3 2082/83 was Rs. 6.72 crore. Profit grew 128.76% on the previous quarter. Total operating income grew 57.13% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 4.73 crore. Profit grew 225.02% on the same quarter last year. Total operating income grew 10.99% on the same quarter last year.
EDBL annual results 2082/83
For the financial year 2082/83 Excel Development Bank Ltd. reported net profit of Rs. 30.94 crore, total operating income of Rs. 76.24 crore and net worth of Rs. 193.86 crore. Net profit in 2081/82 was Rs. 4.09 crore. Net profit grew 656.45% on the year. Total operating income grew 19.87% on the year.
EDBL profit and loss for 2082/83
In the financial year 2082/83, Excel Development Bank Ltd. reported net interest income of Rs. 64.88 crore, net fee and commission income of Rs. 9.56 crore, other operating income of Rs. 1.8 crore, total operating income of Rs. 76.24 crore, impairment charge/(reversal) of Rs. 19.43 crore, net operating income of Rs. 95.66 crore, operating expenses of Rs. 41.7 crore, operating profit of Rs. 53.96 crore, profit before income tax of Rs. 44.73 crore, income tax expense of Rs. 13.79 crore and profit for the year of Rs. 30.94 crore.
Reported under net interest income: interest income of Rs. 121.39 crore and interest expense of Rs. 56.51 crore. Reported under net fee and commission income: fee and commission income of Rs. 11.53 crore and fee and commission expense of Rs. 1.97 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 27.84 crore, other operating expenses of Rs. 9.71 crore and depreciation & amortisation of Rs. 4.15 crore. Reported under income tax expense: current tax of Rs. 14.06 crore and deferred tax of Rs. 0.27 crore.
EDBL profit and loss for 2081/82
In the financial year 2081/82, Excel Development Bank Ltd. reported net interest income of Rs. 55.14 crore, net fee and commission income of Rs. 8.27 crore, other operating income of Rs. 0.19 crore, total operating income of Rs. 63.6 crore, impairment charge/(reversal) of Rs. 17.29 crore, net operating income of Rs. 46.31 crore, operating expenses of Rs. 36.2 crore, operating profit of Rs. 10.11 crore, profit before income tax of Rs. 5.84 crore, income tax expense of Rs. 1.75 crore and profit for the year of Rs. 4.09 crore.
Reported under net interest income: interest income of Rs. 121.48 crore and interest expense of Rs. 66.35 crore. Reported under net fee and commission income: fee and commission income of Rs. 9.77 crore and fee and commission expense of Rs. 1.49 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 22.4 crore, other operating expenses of Rs. 9.57 crore and depreciation & amortisation of Rs. 4.23 crore. Reported under income tax expense: current tax of Rs. 1.75 crore and deferred tax of Rs. 0 crore.
EDBL profit and loss for 2080/81
In the financial year 2080/81, Excel Development Bank Ltd. reported net interest income of Rs. 55.76 crore, net fee and commission income of Rs. 7.69 crore, other operating income of Rs. 0.22 crore, total operating income of Rs. 63.67 crore, impairment charge/(reversal) of Rs. 12.89 crore, net operating income of Rs. 50.77 crore, operating expenses of Rs. 40.1 crore, operating profit of Rs. 10.67 crore, profit before income tax of Rs. 10.67 crore, income tax expense of Rs. 6.32 crore and profit for the year of Rs. 4.35 crore.
Reported under net interest income: interest income of Rs. 156.3 crore and interest expense of Rs. 100.53 crore. Reported under net fee and commission income: fee and commission income of Rs. 9.11 crore and fee and commission expense of Rs. 1.43 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 25.97 crore, other operating expenses of Rs. 9.55 crore and depreciation & amortisation of Rs. 4.59 crore. Reported under income tax expense: current tax of Rs. 6.66 crore and deferred tax of Rs. 0.34 crore.
EDBL balance sheet for 2080/81
In the financial year 2080/81, Excel Development Bank Ltd. reported total assets of Rs. 1,725.24 crore, total liabilities of Rs. 1,531.38 crore and total equity of Rs. 193.86 crore.
Reported under total assets: cash and cash equivalents of Rs. 205.79 crore, due from nepal rastra bank of Rs. 30.45 crore, loans and advances to banks and fis of Rs. 39.71 crore, loans and advances to customers of Rs. 1,083.38 crore, investment securities of Rs. 309.21 crore, current tax assets of Rs. 0 crore, investment property of Rs. 30.87 crore, property and equipment of Rs. 20.65 crore, goodwill and intangible assets of Rs. 0.22 crore, deferred tax assets of Rs. 0 crore and other assets of Rs. 4.96 crore. Reported under total liabilities: due to banks and fis of Rs. 26.03 crore, due to nepal rastra bank of Rs. 0 crore, deposits from customers of Rs. 1,476.35 crore, current tax liabilities of Rs. 1.07 crore, provisions of Rs. 1.43 crore, deferred tax liabilities of Rs. 8.1 crore and other liabilities of Rs. 18.4 crore. Reported under total equity: share capital of Rs. 124.97 crore, share premium of Rs. 0.91 crore, retained earnings of Rs. 1.17 crore and reserves of Rs. 69.15 crore.
EDBL balance sheet for 2079/80
In the financial year 2079/80, Excel Development Bank Ltd. reported total assets of Rs. 1,608.65 crore, total liabilities of Rs. 1,439.98 crore and total equity of Rs. 168.67 crore.
Reported under total assets: cash and cash equivalents of Rs. 240.22 crore, due from nepal rastra bank of Rs. 13.05 crore, loans and advances to banks and fis of Rs. 24.19 crore, loans and advances to customers of Rs. 1,049.38 crore, investment securities of Rs. 218.96 crore, current tax assets of Rs. 0.46 crore, investment property of Rs. 30.87 crore, property and equipment of Rs. 21.58 crore, goodwill and intangible assets of Rs. 0.33 crore, deferred tax assets of Rs. 0.49 crore and other assets of Rs. 9.12 crore. Reported under total liabilities: due to banks and fis of Rs. 42.79 crore, due to nepal rastra bank of Rs. 0 crore, deposits from customers of Rs. 1,376.74 crore, current tax liabilities of Rs. 0 crore, provisions of Rs. 1.12 crore, deferred tax liabilities of Rs. 0 crore and other liabilities of Rs. 19.32 crore. Reported under total equity: share capital of Rs. 124.97 crore, share premium of Rs. 0.91 crore, retained earnings of Rs. 6.45 crore and reserves of Rs. 49.25 crore.
EDBL balance sheet for 2078/79
In the financial year 2078/79, Excel Development Bank Ltd. reported total assets of Rs. 1,431.82 crore, total liabilities of Rs. 1,268.47 crore and total equity of Rs. 163.35 crore.
Reported under total assets: cash and cash equivalents of Rs. 234.54 crore, due from nepal rastra bank of Rs. 13.34 crore, loans and advances to banks and fis of Rs. 27.26 crore, loans and advances to customers of Rs. 1,023.14 crore, investment securities of Rs. 74.86 crore, current tax assets of Rs. 2.17 crore, investment property of Rs. 19.34 crore, property and equipment of Rs. 26.46 crore, goodwill and intangible assets of Rs. 0.36 crore, deferred tax assets of Rs. 1.35 crore and other assets of Rs. 8.99 crore. Reported under total liabilities: due to banks and fis of Rs. 42.25 crore, due to nepal rastra bank of Rs. 26.75 crore, deposits from customers of Rs. 1,175.06 crore, current tax liabilities of Rs. 0 crore, provisions of Rs. 1.68 crore, deferred tax liabilities of Rs. 0 crore and other liabilities of Rs. 22.73 crore. Reported under total equity: share capital of Rs. 115.18 crore, share premium of Rs. 0.95 crore, retained earnings of Rs. 12.85 crore and reserves of Rs. 34.37 crore.
EDBL cash flow for 2080/81
In the financial year 2080/81, Excel Development Bank Ltd. reported net cash flow from operating activities (a) of Rs. 23.29 crore, net cash flow from investing activities (b) of Rs. 57.71 crore, net increase/(decrease) in cash and cash equivalents of Rs. 34.43 crore, cash and cash equivalents at shrawan 01 (beginning of the year) of Rs. 240.22 crore, effect of exchange rate fluctuations on cash and cash equivalents held of Rs. 0 crore and cash and cash equivalents at ashadh end of Rs. 205.79 crore.
Reported under net cash flow from operating activities (a): interest received of Rs. 130.54 crore, fees and other income received of Rs. 9.11 crore, receipts from other operating activities of Rs. 0 crore, interest paid of Rs. 100.47 crore, commission and fees paid of Rs. 1.43 crore, cash payment to employees of Rs. 14.97 crore, other expense paid of Rs. 10.06 crore, operating cash flows before changes in operating assets and liabilities of Rs. 12.72 crore, due from nepal rastra bank of Rs. 17.4 crore, loan and advances to banks and financial institutions of Rs. 15.71 crore, loan and advances to customers of Rs. 36.21 crore, other assets of Rs. 4.62 crore, due to banks and financial institutions of Rs. 16.76 crore, due to nepal rastra bank of Rs. 0 crore, deposit from customers of Rs. 99.61 crore, other liabilities of Rs. 0.92 crore, net cash flow from operating activities before tax paid of Rs. 29.95 crore and income taxes paid of Rs. 6.66 crore. Reported under net cash flow from investing activities (b): purchase of investment securities of Rs. 2,223.98 crore, receipts from sale of investment securities of Rs. 2,164.92 crore, purchase of property and equipment of Rs. 2.47 crore, receipt from sale of property and equipment of Rs. 0.12 crore, purchase of intangible assets of Rs. 0 crore, interest received of Rs. 3.55 crore and dividend received of Rs. 0.15 crore.
EDBL cash flow for 2079/80
In the financial year 2079/80, Excel Development Bank Ltd. reported net cash flow from operating activities (a) of Rs. 151.17 crore, net cash flow from investing activities (b) of Rs. 144.59 crore, net cash flow from financing activities (c) of Rs. 0.91 crore, net increase/(decrease) in cash and cash equivalents of Rs. 5.68 crore, cash and cash equivalents at shrawan 01 (beginning of the year) of Rs. 234.54 crore, effect of exchange rate fluctuations on cash and cash equivalents held of Rs. 0 crore and cash and cash equivalents at ashadh end of Rs. 240.22 crore.
Reported under net cash flow from operating activities (a): interest received of Rs. 145.47 crore, fees and other income received of Rs. 8.91 crore, receipts from other operating activities of Rs. 0 crore, interest paid of Rs. 112.71 crore, commission and fees paid of Rs. 1.37 crore, cash payment to employees of Rs. 19.31 crore, other expense paid of Rs. 7.81 crore, operating cash flows before changes in operating assets and liabilities of Rs. 13.17 crore, due from nepal rastra bank of Rs. 0.29 crore, loan and advances to banks and financial institutions of Rs. 3.13 crore, loan and advances to customers of Rs. 33.96 crore, other assets of Rs. 1.59 crore, due to banks and financial institutions of Rs. 0.54 crore, due to nepal rastra bank of Rs. 26.75 crore, deposit from customers of Rs. 201.69 crore, other liabilities of Rs. 3.41 crore, net cash flow from operating activities before tax paid of Rs. 156.3 crore and income taxes paid of Rs. 5.12 crore. Reported under net cash flow from investing activities (b): purchase of investment securities of Rs. 286.98 crore, receipts from sale of investment securities of Rs. 150.9 crore, purchase of property and equipment of Rs. 13.36 crore, receipt from sale of property and equipment of Rs. 0.05 crore, purchase of intangible assets of Rs. 0.1 crore, interest received of Rs. 4.84 crore and dividend received of Rs. 0.07 crore. Reported under net cash flow from financing activities (c): dividends paid of Rs. 0.52 crore, interest paid of Rs. 0.35 crore and other receipt/payment of Rs. 0.05 crore.
EDBL cash flow for 2078/79
In the financial year 2078/79, Excel Development Bank Ltd. reported net cash flow from operating activities (a) of Rs. 38.58 crore, net cash flow from investing activities (b) of Rs. 19.64 crore, net cash flow from financing activities (c) of Rs. 24.26 crore, net increase/(decrease) in cash and cash equivalents of Rs. 33.95 crore, cash and cash equivalents at shrawan 01 (beginning of the year) of Rs. 268.49 crore, effect of exchange rate fluctuations on cash and cash equivalents held of Rs. 0 crore and cash and cash equivalents at ashadh end of Rs. 234.54 crore.
Reported under net cash flow from operating activities (a): interest received of Rs. 116.9 crore, fees and other income received of Rs. 7.22 crore, receipts from other operating activities of Rs. 0 crore, interest paid of Rs. 76.17 crore, commission and fees paid of Rs. 0.88 crore, cash payment to employees of Rs. 16.51 crore, other expense paid of Rs. 8.57 crore, operating cash flows before changes in operating assets and liabilities of Rs. 21.98 crore, due from nepal rastra bank of Rs. 15.32 crore, loan and advances to banks and financial institutions of Rs. 9.09 crore, loan and advances to customers of Rs. 105.25 crore, other assets of Rs. 13.43 crore, due to banks and financial institutions of Rs. 3.95 crore, due to nepal rastra bank of Rs. 14.92 crore, deposit from customers of Rs. 73.67 crore, other liabilities of Rs. 5.13 crore, net cash flow from operating activities before tax paid of Rs. 32.89 crore and income taxes paid of Rs. 5.69 crore. Reported under net cash flow from investing activities (b): purchase of investment securities of Rs. 44.25 crore, receipts from sale of investment securities of Rs. 32.86 crore, purchase of property and equipment of Rs. 9.91 crore, receipt from sale of property and equipment of Rs. 0.04 crore, purchase of intangible assets of Rs. 0.15 crore, interest received of Rs. 1.58 crore and dividend received of Rs. 0.19 crore. Reported under net cash flow from financing activities (c): receipt from issue of shares of Rs. 25.29 crore, dividends paid of Rs. 0.51 crore, interest paid of Rs. 0.51 crore and other receipt/payment of Rs. 0 crore.
EDBL quarterly for Q4 2082/83
In the quarter Q4 2082/83, Excel Development Bank Ltd. reported net interest income of Rs. 23.33 crore, net fee and commission income of Rs. 3.33 crore, other operating income of Rs. 0.91 crore, total operating income of Rs. 27.56 crore, impairment charge/(reversal) of Rs. 18.18 crore, net operating income of Rs. 45.75 crore, operating expenses of Rs. 15.42 crore, operating profit of Rs. 30.33 crore, non-operating income/(expense) of Rs. 7.85 crore, profit before income tax of Rs. 22.48 crore, income tax expense of Rs. 7.11 crore and profit for the year of Rs. 15.37 crore.
Reported under net interest income: interest income of Rs. 36.36 crore and interest expense of Rs. 13.04 crore. Reported under net fee and commission income: fee and commission income of Rs. 4.1 crore and fee and commission expense of Rs. 0.77 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 10.92 crore, other operating expenses of Rs. 2.08 crore and depreciation & amortisation of Rs. 2.41 crore. Reported under non-operating income/(expense): non-operating expense of Rs. 7.85 crore. Reported under income tax expense: current tax of Rs. 7.38 crore and deferred tax of Rs. 0.27 crore.
EDBL quarterly for Q3 2082/83
In the quarter Q3 2082/83, Excel Development Bank Ltd. reported net interest income of Rs. 14.67 crore, net fee and commission income of Rs. 2.23 crore, other operating income of Rs. 0.63 crore, total operating income of Rs. 17.54 crore, impairment charge/(reversal) of Rs. 1.64 crore, net operating income of Rs. 19.18 crore, operating expenses of Rs. 8.66 crore, operating profit of Rs. 10.52 crore, non-operating income/(expense) of Rs. 0.93 crore, profit before income tax of Rs. 9.6 crore, income tax expense of Rs. 2.88 crore and profit for the year of Rs. 6.72 crore.
Reported under net interest income: interest income of Rs. 28.22 crore and interest expense of Rs. 13.55 crore. Reported under net fee and commission income: fee and commission income of Rs. 2.7 crore and fee and commission expense of Rs. 0.47 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 5.68 crore, other operating expenses of Rs. 2.42 crore and depreciation & amortisation of Rs. 0.56 crore. Reported under non-operating income/(expense): non-operating expense of Rs. 0.93 crore. Reported under income tax expense: current tax of Rs. 2.88 crore and deferred tax of Rs. 0 crore.
EDBL quarterly for Q2 2082/83
In the quarter Q2 2082/83, Excel Development Bank Ltd. reported net interest income of Rs. 13.55 crore, net fee and commission income of Rs. 2.14 crore, other operating income of Rs. 0.04 crore, total operating income of Rs. 15.73 crore, impairment charge/(reversal) of Rs. 15.45 crore, net operating income of Rs. 31.18 crore, operating expenses of Rs. 9.09 crore, operating profit of Rs. 22.08 crore, non-operating income/(expense) of Rs. 0.46 crore, profit before income tax of Rs. 21.63 crore, income tax expense of Rs. 3.79 crore and profit for the year of Rs. 17.83 crore.
Reported under net interest income: interest income of Rs. 27.96 crore and interest expense of Rs. 14.41 crore. Reported under net fee and commission income: fee and commission income of Rs. 2.57 crore and fee and commission expense of Rs. 0.43 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 5.78 crore, other operating expenses of Rs. 2.74 crore and depreciation & amortisation of Rs. 0.57 crore. Reported under non-operating income/(expense): non-operating expense of Rs. 0.46 crore. Reported under income tax expense: current tax of Rs. 3.79 crore and deferred tax of Rs. 0 crore.
EDBL quarterly for Q1 2082/83
In the quarter Q1 2082/83, Excel Development Bank Ltd. reported net interest income of Rs. 13.33 crore, net fee and commission income of Rs. 1.85 crore, other operating income of Rs. 0.22 crore, total operating income of Rs. 15.4 crore, impairment charge/(reversal) of Rs. 15.84 crore, net operating income of Rs. 0.44 crore, operating expenses of Rs. 8.54 crore, operating profit of Rs. 8.98 crore, profit before income tax of Rs. 8.98 crore, income tax expense of Rs. 0 crore and profit for the year of Rs. 8.98 crore.
Reported under net interest income: interest income of Rs. 28.84 crore and interest expense of Rs. 15.51 crore. Reported under net fee and commission income: fee and commission income of Rs. 2.15 crore and fee and commission expense of Rs. 0.3 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 5.46 crore, other operating expenses of Rs. 2.47 crore and depreciation & amortisation of Rs. 0.61 crore. Reported under income tax expense: current tax of Rs. 0 crore and deferred tax of Rs. 0 crore.
EDBL Profit & Loss
Values in Rs. Crore unless stated otherwise.
| Particulars | 2082/83 | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 |
|---|
| Net Interest Income | 64.9 | 55.1 | 55.8 | 60.9 | 45.2 | 45.7 |
|---|
| Interest Income | 121 | 121 | 156 | 174 | 124 | 95.0 |
|---|
| Interest Expense | -56.5 | -66.3 | -101 | -113 | -78.5 | -49.2 |
|---|
| Net Fee and Commission Income | 9.6 | 8.3 | 7.7 | 7.5 | 6.3 | 7.2 |
|---|
| Fee and Commission Income | 11.5 | 9.8 | 9.1 | 8.8 | 7.2 | 7.9 |
|---|
| Fee and Commission Expense | -2.0 | -1.5 | -1.4 | -1.4 | -0.88 | -0.68 |
|---|
| Other Operating Income | 1.8 | 0.19 | 0.22 | 0.08 | 0.20 | 3.0 |
|---|
| Total Operating Income | 76.2 | 63.6 | 63.7 | 68.4 | 51.7 | 56.0 |
|---|
| Impairment Charge/(Reversal) | 19.4 | -17.3 | -12.9 | -19.6 | -1.6 | -9.8 |
|---|
| Net Operating Income | 95.7 | 46.3 | 50.8 | 48.7 | 50.2 | 46.2 |
|---|
| Operating Expenses | -41.7 | -36.2 | -40.1 | -35.2 | -32.8 | -27.6 |
|---|
| Operating Expense - Personnel Expenses | -27.8 | -22.4 | -26.0 | -20.9 | -20.5 | -17.8 |
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| Other Operating Expenses | -9.7 | -9.6 | -9.5 | -9.5 | -7.9 | -7.6 |
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| Depreciation & Amortisation | -4.1 | -4.2 | -4.6 | -4.7 | -4.4 | -2.3 |
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| Operating Profit | 54.0 | 10.1 | 10.7 | 13.6 | 17.4 | 18.6 |
|---|
| Non-Operating Income/(Expense) | Not reported | Not reported | Not reported | -2.8 | -2.9 | 0.00 |
|---|
| Non-Operating Expense | Not reported | Not reported | Not reported | -2.8 | -2.9 | 0.00 |
|---|
| Profit Before Income Tax | 44.7 | 5.8 | 10.7 | 10.8 | 14.5 | 18.6 |
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| Income Tax Expense | -13.8 | -1.8 | -6.3 | -5.7 | -4.9 | -5.3 |
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| Current Tax | -14.1 | -1.8 | -6.7 | -5.1 | -5.7 | -5.7 |
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| Deferred Tax | 0.27 | 0.00 | 0.34 | -0.53 | 0.83 | 0.44 |
|---|
| Profit for the Year | 30.9 | 4.1 | 4.3 | 5.1 | 9.6 | 13.4 |
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EDBL Balance Sheet
Values in Rs. Crore unless stated otherwise.
| Particulars | 2080/81 | 2079/80 | 2078/79 | 2077/78 | 2076/77 |
|---|
| Total Assets | 1,725 | 1,609 | 1,432 | 1,336 | 1,143 |
|---|
| Cash and Cash Equivalents | 206 | 240 | 235 | 268 | 275 |
|---|
| Due from Nepal Rastra Bank | 30.4 | 13.0 | 13.3 | 28.7 | 32.1 |
|---|
| Loans and Advances to Banks and FIs | 39.7 | 24.2 | 27.3 | 17.8 | 0.00 |
|---|
| Loans and Advances to Customers | 1,083 | 1,049 | 1,023 | 919 | 781 |
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| Investment Securities | 309 | 219 | 74.9 | 63.6 | 18.3 |
|---|
| Current Tax Assets | 0.00 | 0.46 | 2.2 | 2.6 | 2.1 |
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| Investment Property | 30.9 | 30.9 | 19.3 | 0.00 | 0.00 |
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| Property and Equipment | 20.6 | 21.6 | 26.5 | 25.2 | 23.6 |
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| Goodwill and Intangible Assets | 0.22 | 0.33 | 0.36 | 0.33 | 0.14 |
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| Deferred Tax Assets | 0.00 | 0.49 | 1.3 | 0.00 | 0.48 |
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| Other Assets | 5.0 | 9.1 | 9.0 | 9.9 | 10.9 |
|---|
| Total Liabilities | 1,531 | 1,440 | 1,268 | 1,205 | 1,029 |
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| Due to Banks and FIs | 26.0 | 42.8 | 42.3 | 38.3 | 0.00 |
|---|
| Due to Nepal Rastra Bank | 0.00 | 0.00 | 26.7 | 41.7 | 0.00 |
|---|
| Deposits from Customers | 1,476 | 1,377 | 1,175 | 1,101 | 1,014 |
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| Current Tax Liabilities | 1.1 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Provisions | 1.4 | 1.1 | 1.7 | 2.1 | 2.1 |
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| Deferred Tax Liabilities | 8.1 | 0.00 | 0.00 | 0.45 | 0.00 |
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| Other Liabilities | 18.4 | 19.3 | 22.7 | 20.9 | 12.6 |
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| Total Equity | 194 | 169 | 163 | 131 | 115 |
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| Share Capital | 125 | 125 | 115 | 81.1 | 81.1 |
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| Share Premium | 0.91 | 0.91 | 0.95 | 0.49 | 0.49 |
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| Retained Earnings | -1.2 | -6.5 | 12.9 | 20.3 | 10.0 |
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| Reserves | 69.2 | 49.2 | 34.4 | 29.3 | 23.0 |
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EDBL Cash Flow
Values in Rs. Crore unless stated otherwise.
| Particulars | 2080/81 | 2079/80 | 2078/79 | 2077/78 | 2076/77 |
|---|
| Net Cash Flow from Operating Activities (A) | 23.3 | 151 | -38.6 | 35.7 | 119 |
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| Interest Received | 131 | 145 | 117 | 95.0 | 107 |
|---|
| Fees and Other Income Received | 9.1 | 8.9 | 7.2 | 7.9 | 8.7 |
|---|
| Receipts from Other Operating Activities | 0.00 | 0.00 | 0.00 | 0.05 | 0.01 |
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| Interest Paid | -100 | -113 | -76.2 | -49.2 | -59.5 |
|---|
| Commission and Fees Paid | -1.4 | -1.4 | -0.88 | -0.68 | -0.62 |
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| Cash Payment to Employees | -15.0 | -19.3 | -16.5 | -17.8 | -16.6 |
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| Other Expense Paid | -10.1 | -7.8 | -8.6 | -7.2 | -7.5 |
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| Operating Cash Flows Before Changes in Operating Assets and Liabilities | 12.7 | 13.2 | 22.0 | 28.0 | 31.0 |
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| Due from Nepal Rastra Bank | -17.4 | 0.29 | 15.3 | 3.4 | -18.0 |
|---|
| Loan and Advances to Banks and Financial Institutions | -15.7 | 3.1 | -9.1 | -18.0 | 0.00 |
|---|
| Loan and Advances to Customers | -36.2 | -34.0 | -105 | -148 | -159 |
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| Other Assets | 4.6 | 1.6 | -13.4 | 0.55 | -3.5 |
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| Due to Banks and Financial Institutions | -16.8 | 0.54 | 4.0 | 38.3 | 0.00 |
|---|
| Due to Nepal Rastra Bank | 0.00 | -26.7 | -14.9 | 41.7 | 0.00 |
|---|
| Deposit from Customers | 99.6 | 202 | 73.7 | 87.3 | 270 |
|---|
| Other Liabilities | -0.92 | -3.4 | -5.1 | 8.3 | 2.5 |
|---|
| Net Cash Flow from Operating Activities Before Tax Paid | 29.9 | 156 | -32.9 | 41.4 | 123 |
|---|
| Income Taxes Paid | -6.7 | -5.1 | -5.7 | -5.7 | -4.6 |
|---|
| Net Cash Flow from Investing Activities (B) | -57.7 | -145 | -19.6 | -42.1 | -3.2 |
|---|
| Purchase of Investment Securities | -2,224 | -287 | -44.3 | -56.4 | -2.7 |
|---|
| Receipts from Sale of Investment Securities | 2,165 | 151 | 32.9 | 18.1 | 1.8 |
|---|
| Purchase of Property and Equipment | -2.5 | -13.4 | -9.9 | -4.2 | -2.3 |
|---|
| Receipt from Sale of Property and Equipment | 0.12 | 0.05 | 0.04 | 0.39 | 0.00 |
|---|
| Purchase of Intangible Assets | 0.00 | -0.10 | -0.15 | -0.25 | -0.08 |
|---|
| Interest Received | 3.6 | 4.8 | 1.6 | 0.00 | 0.00 |
|---|
| Dividend Received | 0.15 | 0.07 | 0.19 | 0.29 | 0.10 |
|---|
| Net Cash Flow from Financing Activities (C) | Not reported | -0.91 | 24.3 | 0.00 | -0.62 |
|---|
| Receipt from Issue of Shares | Not reported | Not reported | 25.3 | 0.00 | Not reported |
|---|
| Dividends Paid | Not reported | -0.52 | -0.51 | 0.00 | -0.62 |
|---|
| Interest Paid | Not reported | -0.35 | -0.51 | 0.00 | 0.00 |
|---|
| Other Receipt/Payment | Not reported | -0.05 | 0.00 | 0.00 | 0.00 |
|---|
| Net Increase/(Decrease) in Cash and Cash Equivalents | -34.4 | 5.7 | -33.9 | -6.4 | 115 |
|---|
| Cash and Cash Equivalents at Shrawan 01 (Beginning of the Year) | 240 | 235 | 268 | 275 | 160 |
|---|
| Effect of Exchange Rate Fluctuations on Cash and Cash Equivalents Held | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Cash and Cash Equivalents at Ashadh End | 206 | 240 | 235 | 268 | 275 |
|---|
EDBL Quarterly Results
Values in Rs. Crore unless stated otherwise.
| Particulars | Q4 2082/83 | Q3 2082/83 | Q2 2082/83 | Q1 2082/83 | Q4 2081/82 | Q3 2081/82 | Q2 2081/82 | Q1 2081/82 | Q4 2080/81 | Q3 2080/81 | Q2 2080/81 | Q1 2080/81 |
|---|
| Net Interest Income | 23.3 | 14.7 | 13.5 | 13.3 | 22.2 | 13.3 | 7.6 | 12.0 | 14.6 | 11.4 | 10.8 | 9.8 |
|---|
| Interest Income | 36.4 | 28.2 | 28.0 | 28.8 | 38.1 | 29.0 | 23.9 | 30.5 | 35.9 | 34.3 | 37.3 | 39.6 |
|---|
| Interest Expense | -13.0 | -13.6 | -14.4 | -15.5 | -15.9 | -15.7 | -16.2 | -18.5 | -21.4 | -22.9 | -26.5 | -29.8 |
|---|
| Net Fee and Commission Income | 3.3 | 2.2 | 2.1 | 1.8 | 2.6 | 2.0 | 1.9 | 1.8 | 2.5 | 1.5 | -0.58 | 4.2 |
|---|
| Fee and Commission Income | 4.1 | 2.7 | 2.6 | 2.2 | 3.3 | 2.3 | 2.1 | 2.0 | 3.2 | 1.8 | -0.38 | 4.5 |
|---|
| Fee and Commission Expense | -0.77 | -0.47 | -0.43 | -0.30 | -0.71 | -0.35 | -0.23 | -0.20 | -0.68 | -0.29 | -0.20 | -0.26 |
|---|
| Other Operating Income | 0.91 | 0.63 | 0.04 | 0.22 | 0.02 | -0.03 | 0.09 | 0.11 | 0.21 | -0.00 | -0.00 | 0.01 |
|---|
| Total Operating Income | 27.6 | 17.5 | 15.7 | 15.4 | 24.8 | 15.3 | 9.6 | 13.9 | 17.3 | 12.9 | 10.2 | 14.0 |
|---|
| Impairment Charge/(Reversal) | 18.2 | 1.6 | 15.4 | -15.8 | -0.95 | 1.1 | 0.75 | -18.2 | 9.1 | -4.2 | 3.7 | -19.9 |
|---|
| Net Operating Income | 45.7 | 19.2 | 31.2 | -0.44 | 23.9 | 16.3 | 10.4 | -4.3 | 26.4 | 8.7 | 13.9 | -5.8 |
|---|
| Operating Expenses | -15.4 | -8.7 | -9.1 | -8.5 | -13.2 | -7.9 | -7.1 | -8.0 | -9.7 | -7.0 | -7.0 | -8.1 |
|---|
| Operating Expense - Personnel Expenses | -10.9 | -5.7 | -5.8 | -5.5 | -8.8 | -4.7 | -4.2 | -4.8 | -6.1 | -3.9 | -4.1 | -4.9 |
|---|
| Other Operating Expenses | -2.1 | -2.4 | -2.7 | -2.5 | -2.1 | -2.5 | -2.3 | -2.6 | -3.1 | -2.4 | -2.2 | -2.5 |
|---|
| Depreciation & Amortisation | -2.4 | -0.56 | -0.57 | -0.61 | -2.3 | -0.67 | -0.65 | -0.64 | -0.50 | -0.76 | -0.76 | -0.70 |
|---|
| Operating Profit | 30.3 | 10.5 | 22.1 | -9.0 | 10.7 | 8.4 | 3.2 | -12.3 | 16.8 | 1.6 | 6.9 | -13.9 |
|---|
| Non-Operating Income/(Expense) | -7.9 | -0.93 | -0.46 | Not reported | -4.2 | -0.03 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
|---|
| Non-Operating Expense | -7.9 | -0.93 | -0.46 | Not reported | -4.2 | -0.03 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
|---|
| Profit Before Income Tax | 22.5 | 9.6 | 21.6 | -9.0 | 6.5 | 8.4 | 3.2 | -12.3 | 16.8 | 1.6 | 6.9 | -13.9 |
|---|
| Income Tax Expense | -7.1 | -2.9 | -3.8 | 0.00 | -1.8 | 0.00 | 0.00 | 0.00 | -4.0 | 0.00 | 0.00 | 0.00 |
|---|
| Current Tax | -7.4 | -2.9 | -3.8 | 0.00 | -1.8 | 0.00 | 0.00 | 0.00 | -3.4 | 0.00 | 0.00 | 0.00 |
|---|
| Deferred Tax | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.58 | 0.00 | 0.00 | 0.00 |
|---|
| Profit for the Year | 15.4 | 6.7 | 17.8 | -9.0 | 4.7 | 8.4 | 3.2 | -12.3 | 12.8 | 1.6 | 6.9 | -13.9 |
|---|
Excel Development Bank share price history
Over the last 15 trading sessions EDBL closed between Rs. 563.10 and Rs. 583.90, finishing at Rs. 580.10 on 2026-09-22 against Rs. 568.00 on 2026-08-26.
| Date | Open | High | Low | Close | Volume |
|---|
| 2026-09-22 | 577.00 | 591.00 | 577.00 | 580.10 | 15,546 |
|---|
| 2026-09-18 | 575.00 | 585.00 | 575.00 | 583.90 | 3,035 |
|---|
| 2026-09-17 | 575.00 | 581.00 | 572.00 | 579.60 | 6,505 |
|---|
| 2026-09-16 | 570.00 | 580.00 | 568.10 | 568.10 | 1,709 |
|---|
| 2026-09-15 | 600.00 | 600.00 | 570.00 | 579.00 | 23,291 |
|---|
| 2026-09-14 | 566.00 | 572.50 | 566.00 | 572.50 | 2,003 |
|---|
| 2026-09-11 | 567.00 | 568.00 | 561.00 | 566.90 | 2,443 |
|---|
| 2026-09-10 | 535.90 | 567.00 | 535.90 | 565.00 | 2,213 |
|---|
| 2026-09-09 | 569.00 | 569.00 | 562.30 | 564.10 | 1,144 |
|---|
| 2026-09-07 | 579.00 | 584.00 | 565.00 | 575.00 | 1,04,136 |
|---|
| 2026-09-03 | 579.90 | 579.90 | 565.50 | 570.00 | 1,730 |
|---|
| 2026-09-02 | 564.00 | 575.00 | 559.00 | 575.00 | 4,431 |
|---|
| 2026-09-01 | 569.90 | 575.00 | 565.20 | 569.90 | 549 |
|---|
| 2026-08-31 | 566.20 | 570.00 | 563.10 | 563.10 | 2,535 |
|---|
| 2026-08-26 | 565.00 | 599.00 | 565.00 | 568.00 | 7,211 |
|---|
EDBL share price by year
2026, between Rs. 535.90 and Rs. 683.40, 2025, between Rs. 545.00 and Rs. 838.20, 2024, between Rs. 325.00 and Rs. 774.00, 2023, between Rs. 266.40 and Rs. 396.00, 2022, between Rs. 283.87 and Rs. 566.82 and 2021, between Rs. 226.30 and Rs. 797.72.
| Year | Low (Rs.) | High (Rs.) | Sessions |
|---|
| 2026 | 535.90 | 683.40 | 168 |
|---|
| 2025 | 545.00 | 838.20 | 225 |
|---|
| 2024 | 325.00 | 774.00 | 232 |
|---|
| 2023 | 266.40 | 396.00 | 227 |
|---|
| 2022 | 283.87 | 566.82 | 242 |
|---|
| 2021 | 226.30 | 797.72 | 236 |
|---|
| 2020 | 163.61 | 265.02 | 179 |
|---|
| 2019 | 146.51 | 183.56 | 209 |
|---|
| 2018 | 145.94 | 230.31 | 208 |
|---|
| 2017 | 127.93 | 238.29 | 214 |
|---|
| 2016 | 122.31 | 223.73 | 211 |
|---|
| 2015 | 93.97 | 130.32 | 106 |
|---|
Excel Development Bank share price returns
At Rs. 580.10 on 2026-09-22, EDBL is up 0.19% over 1 week, up 0.54% over 1 month, up 3.92% over 3 months, down 6.74% over 6 months, down 4.22% over 1 year and down 8.91% over 5 years. Each return compares that close with the last close on or before the same date in the earlier period.
| Period | Return | From price (Rs.) | From date |
|---|
| 1 week | +0.19% | 579.00 | 2026-09-15 |
|---|
| 1 month | +0.54% | 577.00 | 2026-08-21 |
|---|
| 3 months | +3.92% | 558.20 | 2026-06-24 |
|---|
| 6 months | -6.74% | 622.00 | 2026-03-26 |
|---|
| 1 year | -4.22% | 605.63 | 2025-09-21 |
|---|
| 5 years | -8.91% | 636.87 | 2021-09-23 |
|---|
EDBL floorsheet for 2026-09-22
EDBL traded 47 times on 2026-09-22, moving 15,546 shares for Rs. 0.91 crore of turnover. Trades went through between Rs. 577.00 and Rs. 591.00.
Largest buyers by volume: broker 22, Siprabi Securities Pvt. Limited on 13,443 shares across 29 trades, broker 45, Imperial Securities Co. Limited on 525 shares across 4 trades, broker 29, Trishul Securities And Investment Limited on 500 shares across 1 trades, broker 33, Dakshinkali Investment Securities Pvt.Limited on 200 shares across 2 trades, broker 35, Kohinoor Investment and Securities Pvt.Ltd on 200 shares across 2 trades, broker 21, Midas Stock Broking Company Pvt. Limited on 162 shares across 1 trades, broker 58, Naasa Securities Co. Ltd. on 160 shares across 3 trades, broker 18, Sagarmatha Securities Pvt. Limited on 146 shares across 1 trades, broker 34, Vision Securities Pvt.Limited on 100 shares across 1 trades and broker 13, Thrive Brokerage House Pvt. Limited on 80 shares across 2 trades.
Largest sellers by volume: broker 44, Dynamic Money Managers Securities Pvt.Ltd on 7,244 shares across 4 trades, broker 58, Naasa Securities Co. Ltd. on 1,706 shares across 7 trades, broker 49, Online Securities Limited on 1,178 shares across 2 trades, broker 38, Dipshika Dhitopatra Karobar Co. Pvt.Limited on 1,100 shares across 9 trades, broker 14, Nepal Stock House Pvt. Limited on 1,097 shares across 4 trades, broker 17, ABC Securities Pvt. Limited on 690 shares across 5 trades, broker 42, Sani Securities Company Limited on 500 shares across 1 trades, broker 56, Sri Hari Securities Pvt.Ltd on 470 shares across 2 trades, broker 41, Linch Stock Market Limited on 442 shares across 4 trades and broker 32, Premier Securites Company Limited on 404 shares across 1 trades.
EDBL dividend history: bonus shares and cash dividend
Excel Development Bank Ltd. most recently declared an 8.5% bonus share issue for 2077/2078, announced on 2022-07-03. Percentages are of paid up value. Declared, not necessarily paid: a dividend is subject to the annual general meeting approving it.
| Financial year | Bonus share | Cash dividend | Announced |
|---|
| 2077/2078 | 8.5% | | 2022-07-03 |
For 2077/2078 Excel Development Bank Ltd. declared an 8.5% bonus share issue, announced on 2022-07-03.
EDBL right share issues
Right issues Excel Development Bank Ltd. has announced. A right share is offered to existing shareholders in proportion to what they already hold.
- : ratio 10:3, opens 2021-10-11, closes 2021-11-15
EDBL general meetings
Annual and special general meetings Excel Development Bank Ltd. has called. A dividend is declared by the board and approved at the AGM.
- 20th AGM for 2081/2082: on 2026-09-09, at Siddhartha Hotel, Birtamode, Jhapa (11:00 AM)
- 19th AGM for 2080/2081: on 2025-03-24, at Siddhartha Hotel, Birtamode, Jhapa (11:00 AM)
- 18th AGM for 2079/2080: on 2024-07-13, at Siddhartha Hotel, Birtamode, Jhapa (11:00 AM)
6 years of annual statements and 12 quarters of results for EDBL, with charts and peer comparison, are free on NepView.
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