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GMFIL vs ICFC: Guheshowori Merchant Bank & Finance Co. and ICFC Finance compared

On 24 Sep 2026, GMFIL (Guheshowori Merchant Bank & Finance Co. Ltd.) closed at Rs 421.00 and ICFC (ICFC Finance Limited) at Rs 595.00. Over the past year, Rs 100 in GMFIL became Rs 86 and in ICFC Rs 90, adjusted for bonus shares.

ICFC is the larger company by market value, Rs 704 crore against Rs 426 crore. Cash dividends declared in the last 12 months yield nothing on GMFIL and 4.42% on ICFC at today’s price.

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

24 Sep 2026GMFIL Rs 100 → Rs 86 (close 421.00)ICFC Rs 100 → Rs 90 (close 595.00)

9010011024 Sep7 Apr24 SepGMFIL 86ICFC 90

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.

GMFIL and ICFC side by side. Nothing is marked better.
GMFILGuheshowori Merchant Bank & Finance Co. Ltd.ICFCICFC Finance Limited
SectorFinanceFinance
Close, Rs421.00595.00
Today−1.17% down+0.52% up
Return, 1 month−0.71% down+0.85% up
Return, 1 year−13.76% down−9.64% down
52-week range393.10 to 540.00567.60 to 715.00
Market valueRs 426 crRs 704 cr
Cash dividend yieldnone in 12 months4.42%
Latest dividends2081/82: 0% cash, 0% bonus2082/83: 10.526% cash, 0% bonus
Traded, last 30 daysRs 15.12 crRs 13.36 cr

GMFIL and ICFC dividends, year by year

Dividends declared by GMFIL and ICFC by Nepali fiscal year, as a percentage of paid-up value
Fiscal yearGMFILICFC
2082/83none10.526% cash
2081/82none declared15.79% cash
2080/81none declared5.263% cash
2079/80none6.5% cash
2078/790.34% cash, 6.5% bonus5% cash, 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.

GMFIL or ICFC: questions

Which is bigger, GMFIL or ICFC?
ICFC is larger by market value: Rs 704 crore, against Rs 426 crore for GMFIL, 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, GMFIL or ICFC?
Rs 100 in GMFIL became Rs 86 (−13.76%), and Rs 100 in ICFC became Rs 90 (−9.64%), 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, GMFIL or ICFC?
GMFIL last declared 0% cash and 0% bonus for 2081/82; ICFC last declared 10.526% cash and 0% bonus for 2082/83. 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 GMFIL or ICFC?
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.