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MLBL vs MNBBL: Mahalaxmi Bikas Bank and Muktinath Bikas Bank compared

On 24 Sep 2026, MLBL (Mahalaxmi Bikas Bank Ltd.) closed at Rs 356.20 and MNBBL (Muktinath Bikas Bank Ltd.) at Rs 337.00. Over the past year, Rs 100 in MLBL became Rs 98 and in MNBBL Rs 74, adjusted for bonus shares.

MNBBL is the larger company by market value, Rs 2,696 crore against Rs 1,607 crore. Cash dividends declared in the last 12 months yield 1.51% on MLBL and nothing on MNBBL at today’s price.

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

24 Sep 2026MLBL Rs 100 → Rs 98 (close 356.20)MNBBL Rs 100 → Rs 74 (close 337.00)

70809010011024 Sep7 Apr24 SepMLBL 98MNBBL 74

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.

MLBL and MNBBL side by side. Nothing is marked better.
MLBLMahalaxmi Bikas Bank Ltd.MNBBLMuktinath Bikas Bank Ltd.
SectorDevelopment BanksDevelopment Banks
Close, Rs356.20337.00
Today−1.06% down−0.30% down
Return, 1 month+2.09% up−5.94% down
Return, 1 year−2.40% down−26.21% down
52-week range330.70 to 418.00314.20 to 467.00
Market valueRs 1,607 crRs 2,696 cr
Cash dividend yield1.51%none in 12 months
Latest dividends2081/82: 5.37% cash, 5% bonus2081/82: 4.67% cash, 13.53% bonus
Traded, last 30 daysRs 27.98 crRs 61.20 cr

MLBL and MNBBL dividends, year by year

Dividends declared by MLBL and MNBBL by Nepali fiscal year, as a percentage of paid-up value
Fiscal yearMLBLMNBBL
2081/825.37% cash, 5% bonus4.67% cash, 13.53% bonus
2080/814% cash, 3% bonusnone declared
2079/806.4% cash0.513% cash, 9.75% bonus
2078/796.47% cash, 4% bonus0.711% cash, 13.5% bonus
2077/781.053% cash, 20% bonusnone

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.

MLBL or MNBBL: questions

Which is bigger, MLBL or MNBBL?
MNBBL is larger by market value: Rs 2,696 crore, against Rs 1,607 crore for MLBL, 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, MLBL or MNBBL?
Rs 100 in MLBL became Rs 98 (−2.40%), and Rs 100 in MNBBL became Rs 74 (−26.21%), 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, MLBL or MNBBL?
MLBL last declared 5.37% cash and 5% bonus for 2081/82; MNBBL last declared 4.67% cash and 13.53% 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 MLBL or MNBBL?
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.