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FMDBL vs NUBL: First Micro Finance Laghubitta Bittiya Sanstha and Nirdhan Utthan Laghubitta Bittiya Sanstha compared

On 24 Sep 2026, FMDBL (First Micro Finance Laghubitta Bittiya Sanstha Limited) closed at Rs 759.50 and NUBL (Nirdhan Utthan Laghubitta Bittiya Sanstha Limited) at Rs 604.00. Over the past year, Rs 100 in FMDBL became Rs 91 and in NUBL Rs 82, adjusted for bonus shares.

NUBL is the larger company by market value, Rs 1,657 crore against Rs 1,021 crore. Cash dividends declared in the last 12 months yield 0.86% on FMDBL and 1.16% on NUBL at today’s price.

Close · 24 Sep 2026NEPSE published data, may be delayed

24 Sep 2026FMDBL Rs 100 → Rs 91 (close 759.50)NUBL Rs 100 → Rs 82 (close 604.00)

809010011024 Sep7 Apr24 SepFMDBL 91NUBL 82

Rs 100 in each on the first session of the window, adjusted for bonus shares. Cash dividends are not added back. To the close of 24 Sep 2026.

FMDBL and NUBL side by side. Nothing is marked better.
FMDBLFirst Micro Finance Laghubitta Bittiya Sanstha LimitedNUBLNirdhan Utthan Laghubitta Bittiya Sanstha Limited
SectorMicrofinanceMicrofinance
Close, Rs759.50604.00
Today+1.27% up+1.00% up
Return, 1 month+3.33% up+3.04% up
Return, 1 year−9.37% down−18.30% down
52-week range689.80 to 982.00555.10 to 802.00
Market valueRs 1,021 crRs 1,657 cr
Cash dividend yield0.86%1.16%
Latest dividends2081/82: 6.5% cash, 0% bonus2081/82: 7% cash, 5% bonus
Traded, last 30 daysRs 43.87 crRs 16.09 cr

FMDBL and NUBL dividends, year by year

Dividends declared by FMDBL and NUBL by Nepali fiscal year, as a percentage of paid-up value
Fiscal yearFMDBLNUBL
2081/826.5% cash7% cash, 5% bonus
2080/810.47% cash, 9% bonusnone declared
2079/807.5% cash, 7.5% bonusnone declared
2078/791% cash, 19% bonus1% cash, 19% bonus
2077/780.53% cash, 10% bonus1.553% cash, 29.5% bonus

As a percentage of paid-up value, as declared. Every dividend by year.

P/E, earnings per share and book value are not in the web data. The Punji app compares those too.

FMDBL or NUBL: questions

Which is bigger, FMDBL or NUBL?
NUBL is larger by market value: Rs 1,657 crore, against Rs 1,021 crore for FMDBL, at the close of 24 Sep 2026. Market value is the share price times the shares listed.
Which has risen more over the past year, FMDBL or NUBL?
Rs 100 in FMDBL became Rs 91 (−9.37%), and Rs 100 in NUBL became Rs 82 (−18.30%), adjusted for bonus shares and without cash dividends added back. How a share moved in the past does not say how it will move next.
Which pays a higher dividend, FMDBL or NUBL?
FMDBL last declared 6.5% cash and 0% bonus for 2081/82; NUBL last declared 7% cash and 5% bonus for 2081/82. Dividends are a percentage of the paid-up value, not of today’s price, so the cash dividend yield in the table above is the comparable figure.
Should I buy FMDBL or NUBL?
Punji does not say. This page lines up the published figures for both and marks neither as better; what fits depends on what you hold, why and for how long.

Valuation and earnings are in the app

The Punji app compares P/E, earnings and book value as well, next to the companies you hold. Free on iOS and Android.