Green Development Bank Ltd. (GRDBL) Share Price & Fundamentals

Green Development Bank (GRDBL) share price is Rs. 996.00, down 0.60% on 2026-09-22. Open Rs. 972.00. High Rs. 1,000.00. Low Rs. 972.00. Volume 6,627.

Green Development Bank Ltd. is a NEPSE-listed company (GRDBL), Development Banks sector. Revenue: Rs. 27.64 Crore. Net profit: Rs. 6.33 Crore. Net worth: Rs. 68.61 Crore.

About Green Development Bank Ltd.

Green Development Bank Limited is a Class 'B' development bank licensed by Nepal Rastra Bank, established around 2006-07 and listed on NEPSE in 2016. It is headquartered at Pokhara-8, New Road, Kaski, and operates under the tagline 'Partnering for Prosperity' as a regional development bank serving the Gandaki region. It is one of the smaller listed development banks, with a paid-up capital of NPR 615.5 million, and focuses on deposit mobilisation and lending to households, agriculture and small enterprises in its working area. It has no subsidiaries and reports on a standalone basis.

Green Development Bank Ltd. (GRDBL) has 61,55,000 shares outstanding. It listed on NEPSE in 2016. Its most recent declared dividend was 0.42% on face value.

GRDBL key metrics

Market Cap	Rs. 613.04 Crore
P/E Ratio	112.83
P/E Ratio (TTM)	96.79
EPS	Rs. 8.83
EPS (TTM)	Rs. 10.29
Book Value	Rs. 111.47
Dividend Yield	0.04%
Face Value	Rs. 100.00
52 Week High	Rs. 1,320.00
52 Week Low	Rs. 906.80
Listed Since	2016

GRDBL strengths

What Green Development Bank Ltd.'s own accounts show in its favour, graded against the rest of its sector.

Lends out 73.7% of deposits, comfortably within the 90% Nepal Rastra Bank allows. (Liquidity & Funding)
97.9% of its funding comes from customer deposits, which are cheap and stable. (Liquidity & Funding)
Income from lending grew 25.5% on last year, so the core business is expanding. (Growth)
Customer deposits grew 28.3% on last year, giving it more cheap money to lend. (Growth)
89.1% of income comes from lending, which is steady and predictable. (Margins & Income Quality)
The loan book grew 19% on last year, so more money is being put to work. (Growth)
Only 0.3% of funding is borrowed, so the bank largely funds itself. (Liquidity & Funding)
The bank grew 23.9% bigger over the year. (Shareholder Returns)
Profit grew 16.6% on last year. (Growth)
Total income grew 22.2% on last year. (Growth)

GRDBL 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 7.9%, below what owners would hope for. (Profitability)
Return on everything it owns is 0.8%, so its assets are not producing much. (Profitability)
Makes only 2.7% from the gap between lending and deposit rates, so core earnings are squeezed. (Margins & Income Quality)
16.4% of income is lost to loans going bad, which eats directly into profit. (Asset Quality)
Each share is backed by only Rs 111.47 of net worth. (Shareholder Returns)
Each share produced Rs 10.29 over the year. (Shareholder Returns)
Only 7.8% of income comes from fees, so it leans heavily on lending. (Margins & Income Quality)
Only 9.5% of what it owns belongs to shareholders, so there is less cushion for losses. (Capital Strength)
Net profit margin is 22.9%, less than most lenders keep once every cost is paid. (Profitability)
Operating margin is 37.4%, so running costs take too much of what core banking earns. (Profitability)
Owns 10.5x for every rupee shareholders put in. A high multiple magnifies losses as well as gains. (Capital Strength)
Staff costs take 29.6% of income, a heavy load on earnings. (Efficiency)
Loans are 65.2% of what the bank owns, so most of its risk sits in lending. (Asset Quality)

GRDBL Q4 2082/83 results

In Q4 2082/83 Green Development Bank Ltd. reported profit of Rs. 3.71 crore and total operating income of Rs. 8.72 crore. Profit in Q3 2082/83 was Rs. 2.42 crore. Profit grew 53.26% on the previous quarter. Total operating income grew 25.86% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 4.81 crore. Profit fell 22.81% on the same quarter last year. Total operating income grew 14.38% on the same quarter last year.

GRDBL annual results 2082/83

For the financial year 2082/83 Green Development Bank Ltd. reported net profit of Rs. 6.33 crore, total operating income of Rs. 27.64 crore and net worth of Rs. 68.61 crore. Net profit in 2081/82 was Rs. 5.43 crore. Net profit grew 16.57% on the year. Total operating income grew 22.25% on the year.

GRDBL profit and loss for 2082/83

In the financial year 2082/83, Green Development Bank Ltd. reported net interest income of Rs. 24.61 crore, net fee and commission income of Rs. 2.15 crore, other operating income of Rs. 0.87 crore, total operating income of Rs. 27.64 crore, impairment charge/(reversal) of Rs. 4.53 crore, net operating income of Rs. 23.11 crore, operating expenses of Rs. 12.77 crore, operating profit of Rs. 10.34 crore, non-operating income/(expense) of Rs. 0 crore, profit before income tax of Rs. 10.34 crore, income tax expense of Rs. 4.01 crore and profit for the year of Rs. 6.33 crore.

Reported under net interest income: interest income of Rs. 50.84 crore and interest expense of Rs. 26.23 crore. Reported under net fee and commission income: fee and commission income of Rs. 2.25 crore and fee and commission expense of Rs. 0.1 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 8.19 crore, other operating expenses of Rs. 3.81 crore and depreciation & amortisation of Rs. 0.77 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0 crore and non-operating expense of Rs. 0 crore. Reported under income tax expense: current tax of Rs. 4.01 crore and deferred tax of Rs. 0 crore.

GRDBL profit and loss for 2081/82

In the financial year 2081/82, Green Development Bank Ltd. reported net interest income of Rs. 19.61 crore, net fee and commission income of Rs. 2.14 crore, net trading income of Rs. 0 crore, other operating income of Rs. 0.86 crore, total operating income of Rs. 22.61 crore, impairment charge/(reversal) of Rs. 1.22 crore, net operating income of Rs. 21.39 crore, operating expenses of Rs. 13.32 crore, operating profit of Rs. 8.07 crore, non-operating income/(expense) of Rs. 0.01 crore, profit before income tax of Rs. 8.06 crore, income tax expense of Rs. 2.63 crore and profit for the year of Rs. 5.43 crore.

Reported under net interest income: interest income of Rs. 53.46 crore and interest expense of Rs. 33.85 crore. Reported under net fee and commission income: fee and commission income of Rs. 2.19 crore and fee and commission expense of Rs. 0.05 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 8.12 crore, other operating expenses of Rs. 3.92 crore and depreciation & amortisation of Rs. 1.28 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0.02 crore and non-operating expense of Rs. 0.03 crore. Reported under income tax expense: current tax of Rs. 2.66 crore and deferred tax of Rs. 0.03 crore.

GRDBL profit and loss for 2080/81

In the financial year 2080/81, Green Development Bank Ltd. reported net interest income of Rs. 17.3 crore, net fee and commission income of Rs. 1.93 crore, net trading income of Rs. 0 crore, other operating income of Rs. 0.45 crore, total operating income of Rs. 19.68 crore, impairment charge/(reversal) of Rs. 2.76 crore, net operating income of Rs. 16.92 crore, operating expenses of Rs. 10.88 crore, operating profit of Rs. 6.04 crore, non-operating income/(expense) of Rs. 0.11 crore, profit before income tax of Rs. 5.93 crore, income tax expense of Rs. 1.86 crore and profit for the year of Rs. 4.07 crore.

Reported under net interest income: interest income of Rs. 56.61 crore and interest expense of Rs. 39.31 crore. Reported under net fee and commission income: fee and commission income of Rs. 2 crore and fee and commission expense of Rs. 0.07 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 6.34 crore, other operating expenses of Rs. 3.09 crore and depreciation & amortisation of Rs. 1.46 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0 crore and non-operating expense of Rs. 0.11 crore. Reported under income tax expense: current tax of Rs. 1.93 crore and deferred tax of Rs. 0.08 crore.

GRDBL balance sheet for 2081/82

In the financial year 2081/82, Green Development Bank Ltd. reported total assets of Rs. 720.09 crore, total liabilities of Rs. 651.48 crore and total equity of Rs. 68.61 crore.

Reported under total assets: cash and cash equivalents of Rs. 60.15 crore, due from nepal rastra bank of Rs. 27.23 crore, placement with banks and fis of Rs. 0 crore, derivative financial instruments of Rs. 0 crore, other trading assets of Rs. 0 crore, loans and advances to banks and fis of Rs. 11.83 crore, loans and advances to customers of Rs. 469.75 crore, investment securities of Rs. 133.56 crore, current tax assets of Rs. 0.53 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investment property of Rs. 0.51 crore, property and equipment of Rs. 6.35 crore, goodwill and intangible assets of Rs. 0.01 crore, deferred tax assets of Rs. 0 crore and other assets of Rs. 10.17 crore. Reported under total liabilities: due to banks and fis of Rs. 2.73 crore, due to nepal rastra bank of Rs. 0 crore, derivative financial instruments of Rs. 0 crore, deposits from customers of Rs. 637.65 crore, borrowings of Rs. 1.71 crore, current tax liabilities of Rs. 0 crore, provisions of Rs. 0.1 crore, deferred tax liabilities of Rs. 0.39 crore, other liabilities of Rs. 8.91 crore, debt securities issued of Rs. 0 crore and subordinated liabilities of Rs. 0 crore. Reported under total equity: share capital of Rs. 56.97 crore, share premium of Rs. 0 crore, retained earnings of Rs. 5.44 crore, reserves of Rs. 6.2 crore and non controlling interest of Rs. 0 crore.

GRDBL balance sheet for 2080/81

In the financial year 2080/81, Green Development Bank Ltd. reported total assets of Rs. 581.18 crore, total liabilities of Rs. 518.36 crore and total equity of Rs. 62.83 crore.

Reported under total assets: cash and cash equivalents of Rs. 62.67 crore, due from nepal rastra bank of Rs. 23.06 crore, placement with banks and fis of Rs. 0 crore, derivative financial instruments of Rs. 0 crore, other trading assets of Rs. 0 crore, loans and advances to banks and fis of Rs. 21.48 crore, loans and advances to customers of Rs. 394.6 crore, investment securities of Rs. 64.95 crore, current tax assets of Rs. 0 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investment property of Rs. 0.51 crore, property and equipment of Rs. 7.08 crore, goodwill and intangible assets of Rs. 0.05 crore, deferred tax assets of Rs. 0 crore and other assets of Rs. 6.78 crore. Reported under total liabilities: due to banks and fis of Rs. 9.34 crore, due to nepal rastra bank of Rs. 0 crore, derivative financial instruments of Rs. 0 crore, deposits from customers of Rs. 497.17 crore, borrowings of Rs. 3.38 crore, current tax liabilities of Rs. 0.21 crore, provisions of Rs. 0.09 crore, deferred tax liabilities of Rs. 0.08 crore, other liabilities of Rs. 8.08 crore, debt securities issued of Rs. 0 crore and subordinated liabilities of Rs. 0 crore. Reported under total equity: share capital of Rs. 53.87 crore, share premium of Rs. 0 crore, retained earnings of Rs. 3.79 crore, reserves of Rs. 5.16 crore and non controlling interest of Rs. 0 crore.

GRDBL balance sheet for 2079/80

In the financial year 2079/80, Green Development Bank Ltd. reported total assets of Rs. 477.15 crore, total liabilities of Rs. 418.23 crore and total equity of Rs. 58.92 crore.

Reported under total assets: cash and cash equivalents of Rs. 61.81 crore, due from nepal rastra bank of Rs. 16.2 crore, placement with banks and fis of Rs. 5 crore, derivative financial instruments of Rs. 0 crore, other trading assets of Rs. 0 crore, loans and advances to banks and fis of Rs. 0.31 crore, loans and advances to customers of Rs. 329.71 crore, investment securities of Rs. 49.9 crore, current tax assets of Rs. 0.39 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investment property of Rs. 0 crore, property and equipment of Rs. 8.08 crore, goodwill and intangible assets of Rs. 0.11 crore, deferred tax assets of Rs. 0 crore and other assets of Rs. 5.63 crore. Reported under total liabilities: due to banks and fis of Rs. 21.63 crore, due to nepal rastra bank of Rs. 0 crore, derivative financial instruments of Rs. 0 crore, deposits from customers of Rs. 385.98 crore, borrowings of Rs. 2.5 crore, current tax liabilities of Rs. 0 crore, provisions of Rs. 0 crore, deferred tax liabilities of Rs. 0.18 crore, other liabilities of Rs. 7.93 crore, debt securities issued of Rs. 0 crore and subordinated liabilities of Rs. 0 crore. Reported under total equity: share capital of Rs. 51.9 crore, share premium of Rs. 0 crore, retained earnings of Rs. 2.78 crore, reserves of Rs. 4.25 crore and non controlling interest of Rs. 0 crore.

GRDBL cash flow for 2081/82

In the financial year 2081/82, Green Development Bank Ltd. reported net cash flow from operating activities (a) of Rs. 66.23 crore, net cash flow from investing activities (b) of Rs. 69.12 crore, net cash flow from financing activities (c) of Rs. 0.37 crore, net increase/(decrease) in cash and cash equivalents of Rs. 2.52 crore, cash and cash equivalents at shrawan 01 (beginning of the year) of Rs. 62.67 crore and cash and cash equivalents at ashadh end of Rs. 60.15 crore.

Reported under net cash flow from operating activities (a): interest received of Rs. 53.46 crore, fees and other income received of Rs. 2.19 crore, dividend received of Rs. 0.12 crore, receipts from other operating activities of Rs. 0.74 crore, interest paid of Rs. 33.85 crore, commission and fees paid of Rs. 0.05 crore, cash payment to employees of Rs. 8.12 crore, other expense paid of Rs. 5.17 crore, operating cash flows before changes in operating assets and liabilities of Rs. 9.32 crore, due from nepal rastra bank of Rs. 4.18 crore, placement with banks and financial institutions of Rs. 0 crore, other trading assets of Rs. 0 crore, loan and advances to banks and financial institutions of Rs. 9.66 crore, loan and advances to customers of Rs. 75.15 crore, other assets of Rs. 3.92 crore, due to banks and financial institutions of Rs. 6.61 crore, due to nepal rastra bank of Rs. 0 crore, deposit from customers of Rs. 140.47 crore, borrowings of Rs. 1.67 crore, other liabilities of Rs. 0.93 crore, net cash flow from operating activities before tax paid of Rs. 68.86 crore and income taxes paid of Rs. 2.63 crore. Reported under net cash flow from investing activities (b): purchase of investment securities of Rs. 68.61 crore, receipts from sale of investment securities of Rs. 0 crore, purchase of property and equipment of Rs. 0.55 crore, receipt from sale of property and equipment of Rs. 0 crore, purchase of intangible assets of Rs. 0.04 crore, purchase of investment properties of Rs. 0 crore, receipt from sale of investment properties of Rs. 0 crore, interest received of Rs. 0 crore and dividend received of Rs. 0 crore. Reported under net cash flow from financing activities (c): receipt from issue of debt securities of Rs. 0 crore, repayment of debt securities of Rs. 0 crore, receipt from issue of subordinated liabilities of Rs. 0 crore, repayment of subordinated liabilities of Rs. 0 crore, receipt from issue of shares of Rs. 3.1 crore, dividends paid of Rs. 0 crore, interest paid of Rs. 0 crore and other receipt/payment of Rs. 2.73 crore.

GRDBL cash flow for 2080/81

In the financial year 2080/81, Green Development Bank Ltd. reported net cash flow from operating activities (a) of Rs. 16.98 crore, net cash flow from investing activities (b) of Rs. 15.95 crore, net cash flow from financing activities (c) of Rs. 0.17 crore, net increase/(decrease) in cash and cash equivalents of Rs. 0.86 crore, cash and cash equivalents at shrawan 01 (beginning of the year) of Rs. 61.81 crore and cash and cash equivalents at ashadh end of Rs. 62.67 crore.

Reported under net cash flow from operating activities (a): interest received of Rs. 56.61 crore, fees and other income received of Rs. 2 crore, dividend received of Rs. 0.03 crore, receipts from other operating activities of Rs. 0.42 crore, interest paid of Rs. 39.31 crore, commission and fees paid of Rs. 0.07 crore, cash payment to employees of Rs. 6.34 crore, other expense paid of Rs. 5.96 crore, operating cash flows before changes in operating assets and liabilities of Rs. 7.39 crore, due from nepal rastra bank of Rs. 6.86 crore, placement with banks and financial institutions of Rs. 5 crore, other trading assets of Rs. 0 crore, loan and advances to banks and financial institutions of Rs. 21.17 crore, loan and advances to customers of Rs. 64.89 crore, other assets of Rs. 0.69 crore, due to banks and financial institutions of Rs. 7.89 crore, due to nepal rastra bank of Rs. 0 crore, deposit from customers of Rs. 106.79 crore, borrowings of Rs. 0.88 crore, other liabilities of Rs. 0.29 crore, net cash flow from operating activities before tax paid of Rs. 18.84 crore and income taxes paid of Rs. 1.86 crore. Reported under net cash flow from investing activities (b): purchase of investment securities of Rs. 15.05 crore, receipts from sale of investment securities of Rs. 0 crore, purchase of property and equipment of Rs. 0.46 crore, receipt from sale of property and equipment of Rs. 0 crore, purchase of intangible assets of Rs. 0.07 crore, purchase of investment properties of Rs. 0.51 crore, receipt from sale of investment properties of Rs. 0 crore, interest received of Rs. 0 crore and dividend received of Rs. 0 crore. Reported under net cash flow from financing activities (c): receipt from issue of debt securities of Rs. 0 crore, repayment of debt securities of Rs. 0 crore, receipt from issue of subordinated liabilities of Rs. 0 crore, repayment of subordinated liabilities of Rs. 0 crore, receipt from issue of shares of Rs. 1.97 crore, dividends paid of Rs. 0 crore, interest paid of Rs. 0 crore and other receipt/payment of Rs. 2.15 crore.

GRDBL cash flow for 2079/80

In the financial year 2079/80, Green Development Bank Ltd. reported net cash flow from operating activities (a) of Rs. 18.97 crore, net cash flow from investing activities (b) of Rs. 37.66 crore, net cash flow from financing activities (c) of Rs. 0.71 crore, net increase/(decrease) in cash and cash equivalents of Rs. 17.98 crore, cash and cash equivalents at shrawan 01 (beginning of the year) of Rs. 79.79 crore and cash and cash equivalents at ashadh end of Rs. 61.81 crore.

Reported under net cash flow from operating activities (a): interest received of Rs. 52.35 crore, fees and other income received of Rs. 1.61 crore, dividend received of Rs. 0 crore, receipts from other operating activities of Rs. 0.1 crore, interest paid of Rs. 36.47 crore, commission and fees paid of Rs. 0.03 crore, cash payment to employees of Rs. 4.99 crore, other expense paid of Rs. 8.51 crore, operating cash flows before changes in operating assets and liabilities of Rs. 3.85 crore, due from nepal rastra bank of Rs. 6.08 crore, placement with banks and financial institutions of Rs. 5 crore, other trading assets of Rs. 0 crore, loan and advances to banks and financial institutions of Rs. 2.1 crore, loan and advances to customers of Rs. 72.52 crore, other assets of Rs. 4.07 crore, due to banks and financial institutions of Rs. 0.77 crore, due to nepal rastra bank of Rs. 0 crore, deposit from customers of Rs. 97.45 crore, borrowings of Rs. 2.5 crore, other liabilities of Rs. 0.81 crore, net cash flow from operating activities before tax paid of Rs. 19.81 crore and income taxes paid of Rs. 0.85 crore. Reported under net cash flow from investing activities (b): purchase of investment securities of Rs. 35.67 crore, receipts from sale of investment securities of Rs. 0 crore, purchase of property and equipment of Rs. 2.02 crore, receipt from sale of property and equipment of Rs. 0 crore, purchase of intangible assets of Rs. 0.03 crore, purchase of investment properties of Rs. 0 crore, receipt from sale of investment properties of Rs. 0 crore, interest received of Rs. 0 crore and dividend received of Rs. 0 crore. Reported under net cash flow from financing activities (c): receipt from issue of debt securities of Rs. 0 crore, repayment of debt securities of Rs. 0 crore, receipt from issue of subordinated liabilities of Rs. 0 crore, repayment of subordinated liabilities of Rs. 0 crore, receipt from issue of shares of Rs. 0 crore, dividends paid of Rs. 0 crore, interest paid of Rs. 0 crore and other receipt/payment of Rs. 0.71 crore.

GRDBL quarterly for Q4 2082/83

In the quarter Q4 2082/83, Green Development Bank Ltd. reported net interest income of Rs. 7.91 crore, net fee and commission income of Rs. 0.68 crore, other operating income of Rs. 0.12 crore, total operating income of Rs. 8.72 crore, impairment charge/(reversal) of Rs. 0.25 crore, net operating income of Rs. 8.97 crore, operating expenses of Rs. 3.66 crore, operating profit of Rs. 5.31 crore, non-operating income/(expense) of Rs. 0 crore, profit before income tax of Rs. 5.31 crore, income tax expense of Rs. 1.59 crore and profit for the year of Rs. 3.71 crore.

Reported under net interest income: interest income of Rs. 13.67 crore and interest expense of Rs. 5.75 crore. Reported under net fee and commission income: fee and commission income of Rs. 0.72 crore and fee and commission expense of Rs. 0.04 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 2.17 crore, other operating expenses of Rs. 1.27 crore and depreciation & amortisation of Rs. 0.22 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0 crore and non-operating expense of Rs. 0 crore. Reported under income tax expense: current tax of Rs. 1.59 crore and deferred tax of Rs. 0 crore.

GRDBL quarterly for Q3 2082/83

In the quarter Q3 2082/83, Green Development Bank Ltd. reported net interest income of Rs. 6.26 crore, net fee and commission income of Rs. 0.49 crore, other operating income of Rs. 0.18 crore, total operating income of Rs. 6.93 crore, impairment charge/(reversal) of Rs. 0.17 crore, net operating income of Rs. 6.76 crore, operating expenses of Rs. 3.29 crore, operating profit of Rs. 3.46 crore, non-operating income/(expense) of Rs. 0 crore, profit before income tax of Rs. 3.46 crore, income tax expense of Rs. 1.04 crore and profit for the year of Rs. 2.42 crore.

Reported under net interest income: interest income of Rs. 11.97 crore and interest expense of Rs. 5.71 crore. Reported under net fee and commission income: fee and commission income of Rs. 0.51 crore and fee and commission expense of Rs. 0.03 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 2.26 crore, other operating expenses of Rs. 0.82 crore and depreciation & amortisation of Rs. 0.21 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0 crore and non-operating expense of Rs. 0 crore. Reported under income tax expense: current tax of Rs. 1.04 crore and deferred tax of Rs. 0 crore.

GRDBL quarterly for Q2 2082/83

In the quarter Q2 2082/83, Green Development Bank Ltd. reported net interest income of Rs. 5.83 crore, net fee and commission income of Rs. 0.49 crore, other operating income of Rs. 0.16 crore, total operating income of Rs. 6.49 crore, impairment charge/(reversal) of Rs. 0.92 crore, net operating income of Rs. 7.41 crore, operating expenses of Rs. 2.82 crore, operating profit of Rs. 4.59 crore, non-operating income/(expense) of Rs. 0 crore, profit before income tax of Rs. 4.59 crore, income tax expense of Rs. 1.38 crore and profit for the year of Rs. 3.21 crore.

Reported under net interest income: interest income of Rs. 12.53 crore and interest expense of Rs. 6.7 crore. Reported under net fee and commission income: fee and commission income of Rs. 0.52 crore and fee and commission expense of Rs. 0.02 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 1.84 crore, other operating expenses of Rs. 0.82 crore and depreciation & amortisation of Rs. 0.16 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0 crore and non-operating expense of Rs. 0 crore. Reported under income tax expense: current tax of Rs. 1.38 crore and deferred tax of Rs. 0 crore.

GRDBL quarterly for Q1 2082/83

In the quarter Q1 2082/83, Green Development Bank Ltd. reported net interest income of Rs. 4.61 crore, net fee and commission income of Rs. 0.49 crore, other operating income of Rs. 0.41 crore, total operating income of Rs. 5.51 crore, impairment charge/(reversal) of Rs. 5.53 crore, net operating income of Rs. 0.02 crore, operating expenses of Rs. 2.99 crore, operating profit of Rs. 3.02 crore, non-operating income/(expense) of Rs. 0 crore, profit before income tax of Rs. 3.02 crore, income tax expense of Rs. 0 crore and profit for the year of Rs. 3.02 crore.

Reported under net interest income: interest income of Rs. 12.68 crore and interest expense of Rs. 8.06 crore. Reported under net fee and commission income: fee and commission income of Rs. 0.5 crore and fee and commission expense of Rs. 0.01 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 1.93 crore, other operating expenses of Rs. 0.89 crore and depreciation & amortisation of Rs. 0.17 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0 crore and non-operating expense of Rs. 0 crore. Reported under income tax expense: current tax of Rs. 0 crore and deferred tax of Rs. 0 crore.

GRDBL 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	24.6	19.6	17.3	15.9	11.8	8.1
Interest Income	50.8	53.5	56.6	52.3	30.9	18.1
Interest Expense	-26.2	-33.8	-39.3	-36.5	-19.1	-10.0
Net Fee and Commission Income	2.2	2.1	1.9	1.6	1.1	0.93
Fee and Commission Income	2.2	2.2	2.0	1.6	1.2	1.0
Fee and Commission Expense	-0.10	-0.05	-0.07	-0.03	-0.07	-0.11
Net Trading Income	Not reported	0.00	0.00	0.00	0.00	0.00
Other Operating Income	0.87	0.86	0.45	-0.10	0.28	0.14
Total Operating Income	27.6	22.6	19.7	17.3	13.2	9.2
Impairment Charge/(Reversal)	-4.5	-1.2	-2.8	-5.5	-1.6	0.03
Net Operating Income	23.1	21.4	16.9	11.9	11.6	9.2
Operating Expenses	-12.8	-13.3	-10.9	-9.3	-8.5	-7.2
Operating Expense - Personnel Expenses	-8.2	-8.1	-6.3	-5.0	-4.5	-4.0
Other Operating Expenses	-3.8	-3.9	-3.1	-3.0	-2.5	-2.4
Depreciation & Amortisation	-0.77	-1.3	-1.5	-1.4	-1.5	-0.75
Operating Profit	10.3	8.1	6.0	2.6	3.0	2.0
Non-Operating Income/(Expense)	0.00	-0.01	-0.11	-0.09	-0.19	-0.10
Non-Operating Income	0.00	0.02	0.00	0.00	0.00	0.00
Non-Operating Expense	0.00	-0.03	-0.11	-0.09	-0.19	-0.10
Profit Before Income Tax	10.3	8.1	5.9	2.5	2.8	1.9
Income Tax Expense	-4.0	-2.6	-1.9	-0.85	-0.98	-0.61
Current Tax	-4.0	-2.7	-1.9	-0.93	-1.0	-0.63
Deferred Tax	0.00	0.03	0.08	0.09	0.03	0.02
Profit for the Year	6.3	5.4	4.1	1.6	1.9	1.3

GRDBL Balance Sheet

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81	2079/80	2078/79	2077/78	2076/77
Total Assets	720	581	477	373	245	187
Cash and Cash Equivalents	60.2	62.7	61.8	79.8	33.0	48.4
Due from Nepal Rastra Bank	27.2	23.1	16.2	10.1	6.4	8.5
Placement with Banks and FIs	0.00	0.00	5.0	0.00	0.00	0.00
Derivative Financial Instruments	0.00	0.00	0.00	0.00	0.00	0.00
Other Trading Assets	0.00	0.00	0.00	0.00	0.00	0.00
Loans and Advances to Banks and FIs	11.8	21.5	0.31	2.4	4.5	7.0
Loans and Advances to Customers	470	395	330	257	185	114
Investment Securities	134	64.9	49.9	14.2	11.0	5.5
Current Tax Assets	0.53	0.00	0.39	0.10	0.20	0.30
Investment in Subsidiaries	0.00	0.00	0.00	0.00	0.00	0.00
Investment in Associates	0.00	0.00	0.00	0.00	0.00	0.00
Investment Property	0.51	0.51	0.00	0.00	0.00	0.00
Property and Equipment	6.3	7.1	8.1	7.4	2.7	2.6
Goodwill and Intangible Assets	0.01	0.05	0.11	0.14	0.22	0.21
Deferred Tax Assets	0.00	0.00	0.00	0.05	0.00	0.06
Other Assets	10.2	6.8	5.6	1.8	1.5	0.85
Total Liabilities	651	518	418	317	190	134
Due to Banks and FIs	2.7	9.3	21.6	20.9	0.34	0.35
Due to Nepal Rastra Bank	0.00	0.00	0.00	0.00	0.00	0.00
Derivative Financial Instruments	0.00	0.00	0.00	0.00	0.00	0.00
Deposits from Customers	638	497	386	289	185	132
Borrowings	1.7	3.4	2.5	0.00	0.00	0.00
Current Tax Liabilities	0.00	0.21	0.00	0.00	0.00	0.00
Provisions	0.10	0.09	0.00	0.00	0.00	0.03
Deferred Tax Liabilities	0.39	0.08	0.18	0.00	0.30	0.00
Other Liabilities	8.9	8.1	7.9	7.3	3.6	1.6
Debt Securities Issued	0.00	0.00	0.00	0.00	0.00	0.00
Subordinated Liabilities	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity	68.6	62.8	58.9	56.6	55.5	53.4
Share Capital	57.0	53.9	51.9	51.9	51.9	50.0
Share Premium	0.00	0.00	0.00	0.00	0.00	0.50
Retained Earnings	5.4	3.8	2.8	2.1	1.0	1.5
Reserves	6.2	5.2	4.2	2.5	2.5	1.4
Non Controlling Interest	0.00	0.00	0.00	0.00	0.00	0.00

GRDBL Cash Flow

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81	2079/80	2078/79	2077/78	2076/77
Net Cash Flow from Operating Activities (A)	66.2	17.0	19.0	56.8	-9.8	8.2
Interest Received	53.5	56.6	52.3	30.9	18.1	18.4
Fees and Other Income Received	2.2	2.0	1.6	1.2	1.0	0.68
Dividend Received	0.12	0.03	0.00	0.00	0.00	0.00
Receipts from Other Operating Activities	0.74	0.42	-0.10	0.28	0.14	0.11
Interest Paid	-33.8	-39.3	-36.5	-19.1	-10.0	-10.5
Commission and Fees Paid	-0.05	-0.07	-0.03	-0.07	-0.11	-0.01
Cash Payment to Employees	-8.1	-6.3	-5.0	-4.5	-4.0	-3.3
Other Expense Paid	-5.2	-6.0	-8.5	-4.4	-2.5	-2.9
Operating Cash Flows Before Changes in Operating Assets and Liabilities	9.3	7.4	3.9	4.3	2.7	2.5
Due from Nepal Rastra Bank	-4.2	-6.9	-6.1	-3.7	2.1	-5.3
Placement with Banks and Financial Institutions	0.00	5.0	-5.0	0.00	0.00	0.00
Other Trading Assets	0.00	0.00	0.00	0.00	0.00	0.00
Loan and Advances to Banks and Financial Institutions	9.7	-21.2	2.1	2.1	2.5	5.6
Loan and Advances to Customers	-75.2	-64.9	-72.5	-71.7	-71.9	-17.1
Other Assets	-3.9	-0.69	-4.1	-0.26	-0.48	-0.69
Due to Banks and Financial Institutions	-6.6	-7.9	0.77	20.5	-0.01	-7.9
Due to Nepal Rastra Bank	0.00	0.00	0.00	0.00	0.00	0.00
Deposit from Customers	140	107	97.5	103	53.7	30.9
Borrowings	-1.7	0.88	2.5	0.00	0.00	0.00
Other Liabilities	0.93	0.29	0.81	3.4	2.3	0.68
Net Cash Flow from Operating Activities Before Tax Paid	68.9	18.8	19.8	57.8	-9.2	8.7
Income Taxes Paid	-2.6	-1.9	-0.85	-0.98	-0.61	-0.54
Net Cash Flow from Investing Activities (B)	-69.1	-16.0	-37.7	-9.3	-6.4	-3.2
Purchase of Investment Securities	-68.6	-15.0	-35.7	-3.2	-5.5	-2.0
Receipts from Sale of Investment Securities	0.00	0.00	0.00	0.00	0.00	0.00
Purchase of Property and Equipment	-0.55	-0.46	-2.0	-6.2	-0.85	-1.2
Receipt from Sale of Property and Equipment	0.00	0.00	0.00	0.00	0.00	0.00
Purchase of Intangible Assets	0.04	0.07	0.03	0.08	-0.01	-0.07
Purchase of Investment Properties	0.00	-0.51	0.00	0.00	0.00	0.00
Receipt from Sale of Investment Properties	0.00	0.00	0.00	0.00	0.00	0.00
Interest Received	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Received	0.00	0.00	0.00	0.00	0.00	0.00
Net Cash Flow from Financing Activities (C)	0.37	-0.17	0.71	-0.78	0.81	0.00
Receipt from Issue of Debt Securities	0.00	0.00	0.00	0.00	0.00	0.00
Repayment of Debt Securities	0.00	0.00	0.00	0.00	0.00	0.00
Receipt from Issue of Subordinated Liabilities	0.00	0.00	0.00	0.00	0.00	0.00
Repayment of Subordinated Liabilities	0.00	0.00	0.00	0.00	0.00	0.00
Receipt from Issue of Shares	3.1	2.0	0.00	0.00	1.9	0.00
Dividends Paid	0.00	0.00	0.00	0.00	0.00	0.00
Interest Paid	0.00	0.00	0.00	0.00	0.00	0.00
Other Receipt/Payment	-2.7	-2.1	0.71	-0.78	-1.1	0.00
Net Increase/(Decrease) in Cash and Cash Equivalents	-2.5	0.86	-18.0	46.8	-15.4	4.9
Cash and Cash Equivalents at Shrawan 01 (Beginning of the Year)	62.7	61.8	79.8	33.0	48.4	43.5
Cash and Cash Equivalents at Ashadh End	60.2	62.7	61.8	79.8	33.0	48.4

GRDBL 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	7.9	6.3	5.8	4.6	6.6	5.0	3.8	4.8	3.9	5.1	3.7	4.5
Interest Income	13.7	12.0	12.5	12.7	15.2	13.2	11.9	13.7	13.8	14.5	13.4	14.7
Interest Expense	-5.8	-5.7	-6.7	-8.1	-8.6	-8.2	-8.1	-8.9	-9.9	-9.5	-9.8	-10.2
Net Fee and Commission Income	0.68	0.49	0.49	0.49	0.63	0.61	0.36	0.54	0.47	0.54	0.39	0.48
Fee and Commission Income	0.72	0.51	0.52	0.50	0.65	0.61	0.37	0.56	0.47	0.58	0.41	0.50
Fee and Commission Expense	-0.04	-0.03	-0.02	-0.01	-0.03	0.00	-0.00	-0.02	0.00	-0.04	-0.01	-0.02
Other Operating Income	0.12	0.18	0.16	0.41	0.35	0.14	0.41	0.05	0.32	0.09	0.03	0.04
Total Operating Income	8.7	6.9	6.5	5.5	7.6	5.7	4.6	5.4	4.7	5.7	4.1	5.0
Impairment Charge/(Reversal)	0.25	-0.17	0.92	-5.5	3.3	-1.3	1.5	-4.2	2.0	-2.3	-1.1	-1.5
Net Operating Income	9.0	6.8	7.4	-0.02	10.9	4.4	6.1	1.2	6.7	3.4	3.0	3.5
Operating Expenses	-3.7	-3.3	-2.8	-3.0	-4.1	-2.6	-3.3	-2.7	-3.6	-2.6	-2.3	-2.4
Operating Expense - Personnel Expenses	-2.2	-2.3	-1.8	-1.9	-2.5	-1.7	-1.7	-1.6	-2.2	-1.3	-1.2	-1.6
Other Operating Expenses	-1.3	-0.82	-0.82	-0.89	-0.75	-0.78	-1.4	-0.93	-0.62	-1.0	-0.71	-0.86
Depreciation & Amortisation	-0.22	-0.21	-0.16	-0.17	-0.81	-0.16	-0.16	-0.15	-0.82	-0.20	-0.38	0.00
Operating Profit	5.3	3.5	4.6	-3.0	6.8	1.8	2.8	-1.6	3.1	0.79	0.71	1.1
Non-Operating Income/(Expense)	0.00	0.00	0.00	0.00	0.04	0.00	0.00	0.00	-0.06	0.00	0.00	-0.00
Non-Operating Income	0.00	0.00	0.00	0.00	0.04	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Operating Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.06	0.00	0.00	-0.00
Profit Before Income Tax	5.3	3.5	4.6	-3.0	6.9	1.8	2.8	-1.6	3.1	0.79	0.71	1.1
Income Tax Expense	-1.6	-1.0	-1.4	0.00	-2.1	-0.54	-0.84	0.00	-1.0	-0.24	-0.21	-0.33
Current Tax	-1.6	-1.0	-1.4	0.00	-2.1	-0.54	-0.84	0.00	-1.1	-0.24	-0.21	-0.33
Deferred Tax	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.08	0.00	0.00	0.00
Profit for the Year	3.7	2.4	3.2	-3.0	4.8	1.3	2.0	-1.6	2.1	0.55	0.50	0.76

Green Development Bank share price history

Over the last 15 trading sessions GRDBL closed between Rs. 931.00 and Rs. 1,002.00, finishing at Rs. 996.00 on 2026-09-22 against Rs. 969.50 on 2026-08-26.

Date	Open	High	Low	Close	Volume
2026-09-22	972.00	1,000.00	972.00	996.00	6,627
2026-09-18	970.10	1,004.00	950.00	1,002.00	4,996
2026-09-17	942.00	1,000.00	942.00	994.40	8,250
2026-09-16	950.00	980.00	950.00	961.00	4,216
2026-09-15	986.00	986.00	911.00	975.00	7,800
2026-09-14	920.00	945.00	911.00	940.00	4,077
2026-09-11	913.00	950.00	913.00	938.00	7,434
2026-09-10	915.00	935.00	912.00	931.00	9,339
2026-09-09	943.00	964.90	918.00	940.00	5,828
2026-09-07	970.00	973.00	948.00	962.00	7,604
2026-09-03	911.00	977.70	911.00	977.00	9,490
2026-09-02	940.00	968.00	940.00	957.90	4,052
2026-09-01	957.80	977.00	950.00	950.00	3,453
2026-08-31	961.00	979.00	960.00	978.90	2,639
2026-08-26	972.00	998.00	950.10	969.50	2,545

GRDBL share price by year

2026, between Rs. 911.00 and Rs. 1,320.00, 2025, between Rs. 770.23 and Rs. 1,751.74, 2024, between Rs. 263.93 and Rs. 1,051.19, 2023, between Rs. 198.58 and Rs. 295.97, 2022, between Rs. 153.47 and Rs. 358.37 and 2021, between Rs. 113.73 and Rs. 453.57.

Year	Low (Rs.)	High (Rs.)	Sessions
2026	911.00	1,320.00	168
2025	770.23	1,751.74	225
2024	263.93	1,051.19	232
2023	198.58	295.97	227
2022	153.47	358.37	242
2021	113.73	453.57	239
2020	82.05	155.97	177
2019	79.61	103.17	242
2018	86.92	159.22	201
2017	125.59	198.54	224
2016	105.28	134.85	24

Green Development Bank share price returns

At Rs. 996.00 on 2026-09-22, GRDBL is up 2.15% over 1 week, up 2.68% over 1 month, down 5.50% over 3 months, down 15.16% over 6 months, up 2.91% over 1 year and up 175.34% 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	+2.15%	975.00	2026-09-15
1 month	+2.68%	970.00	2026-08-21
3 months	-5.50%	1,054.00	2026-06-24
6 months	-15.16%	1,174.00	2026-03-26
1 year	+2.91%	967.79	2025-09-21
5 years	+175.34%	361.74	2021-09-23

GRDBL floorsheet for 2026-09-22

GRDBL traded 62 times on 2026-09-22, moving 6,392 shares for Rs. 0.63 crore of turnover. Trades went through between Rs. 960.00 and Rs. 1,000.00.

Largest buyers by volume: broker 60, Nagarik Stock Dealer Company Ltd. on 3,110 shares across 5 trades, broker 71, Shubhakamana Securities Pvt. Ltd on 1,803 shares across 5 trades, broker 80, Indira Securities Pvt. Ltd on 500 shares across 7 trades, broker 17, ABC Securities Pvt. Limited on 160 shares across 16 trades, broker 13, Thrive Brokerage House Pvt. Limited on 130 shares across 3 trades, broker 21, Midas Stock Broking Company Pvt. Limited on 126 shares across 6 trades, broker 42, Sani Securities Company Limited on 117 shares across 1 trades, broker 8, Ashutosh Brokerage & Securities Pvt. Limited on 100 shares across 2 trades, broker 49, Online Securities Limited on 62 shares across 3 trades and broker 77, Nabil Stock Dealer Limited on 50 shares across 1 trades.

Largest sellers by volume: broker 35, Kohinoor Investment and Securities Pvt.Ltd on 1,820 shares across 4 trades, broker 60, Nagarik Stock Dealer Company Ltd. on 1,400 shares across 7 trades, broker 71, Shubhakamana Securities Pvt. Ltd on 1,400 shares across 1 trades, broker 101, Apple Securities Private Limited on 390 shares across 1 trades, broker 80, Indira Securities Pvt. Ltd on 274 shares across 11 trades, broker 4, Stock Broker Opal Securities Investment Pvt. Limited on 167 shares across 4 trades, broker 6, Agrawal Securities Pvt. Limited on 150 shares across 2 trades, broker 13, Thrive Brokerage House Pvt. Limited on 150 shares across 5 trades, broker 48, Trishakti Securities Public Limited on 100 shares across 1 trades and broker 39, Sumeru Securities Pvt.Limited on 100 shares across 2 trades.

GRDBL dividend history: bonus shares and cash dividend

Green Development Bank Ltd. most recently declared an 8.0396% bonus share issue for 2081/2082, announced on 2025-12-24. 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	Announced
2081/2082	8.0396%	2025-12-24
2080/2081	5.75%	2025-03-19
2078/2079	3.8%	2023-04-10

For 2081/2082 Green Development Bank Ltd. declared an 8.0396% bonus share issue, announced on 2025-12-24.

For 2080/2081 Green Development Bank Ltd. declared a 5.75% bonus share issue, announced on 2025-03-19.

For 2078/2079 Green Development Bank Ltd. declared a 3.8% bonus share issue, announced on 2023-04-10.

GRDBL general meetings

Annual and special general meetings Green Development Bank Ltd. has called. A dividend is declared by the board and approved at the AGM.

13th AGM for 2081/2082: on 2026-01-14, at City Square Banquet, Newroad, Pokhara-08 (9:00 AM)
12th AGM for 2080/2081: on 2025-04-09, at Hotel Peace Palace, Hari Shankhar Road, Baglung Municipality-02 (11:00 AM)
10th & 11th AGM for 2079/2080: on 2024-04-09, at Majestic Lake Front Hotel & Suites, Pokhara-6, Kaski (11:00 AM)

6 years of annual statements and 12 quarters of results for GRDBL, with charts and peer comparison, are free on NepView.

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