Compare stocks · Microfinance
FOWAD vs NUBL: Forward Microfinance Laghubitta Bittiya Sanstha and Nirdhan Utthan Laghubitta Bittiya Sanstha compared
On 5 Oct 2026, FOWAD (Forward Microfinance Laghubitta Bittiya Sanstha Limited) closed at Rs 880.00 and NUBL (Nirdhan Utthan Laghubitta Bittiya Sanstha Limited) at Rs 587.00. Over the past year, Rs 100 in FOWAD became Rs 81 and in NUBL Rs 78, adjusted for bonus shares.
NUBL is the larger company by market value, Rs 1,610 crore against Rs 1,052 crore. Neither declared a cash dividend in the last 12 months.
Close · 5 Oct 2026NEPSE published data, may be delayed
Compare a different pair
A year to the close of 5 Oct 2026, adjusted for bonus shares. The chart below takes any window.
5 Oct 2026FOWAD Rs 100 → Rs 81 (close 880.00)NUBL Rs 100 → Rs 78 (close 587.00)
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 5 Oct 2026.
| FOWADForward Microfinance Laghubitta Bittiya Sanstha Limited | NUBLNirdhan Utthan Laghubitta Bittiya Sanstha Limited | |
|---|---|---|
| Sector | Microfinance | Microfinance |
| Close, Rs | 880.00 | 587.00 |
| Today | −0.28% down | −0.17% down |
| Return, 1 month | 0.00% unchanged | +3.35% up |
| Return, 1 year | −19.34% down | −22.24% down |
| 52-week range | 834.20 to 1,364.00 | 555.10 to 802.00 |
| Market value | Rs 1,052 cr | Rs 1,610 cr |
| Cash dividend yield | none in 12 months | none in 12 months |
| Latest dividends | 2081/82: 0% cash, 0% bonus | 2081/82: 7% cash, 5% bonus |
| Traded, last 30 days | Rs 8.92 cr | Rs 14.08 cr |
FOWAD and NUBL dividends, year by year
| Fiscal year | FOWAD | NUBL |
|---|---|---|
| 2081/82 | none declared | 7% cash, 5% bonus |
| 2080/81 | 0.3% cash, 13.3% bonus | none declared |
| 2079/80 | none declared | none declared |
| 2078/79 | 5% cash, 25% bonus | 1% cash, 19% bonus |
| 2077/78 | 7% cash, 35% bonus | 1.553% 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.
FOWAD or NUBL: questions
- Which is bigger, FOWAD or NUBL?
- NUBL is larger by market value: Rs 1,610 crore, against Rs 1,052 crore for FOWAD, at the close of 5 Oct 2026. Market value is the share price times the shares listed.
- Which has risen more over the past year, FOWAD or NUBL?
- Rs 100 in FOWAD became Rs 81 (−19.34%), and Rs 100 in NUBL became Rs 78 (−22.24%), 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, FOWAD or NUBL?
- FOWAD last declared 0% 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 FOWAD 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.
Also: FOWAD stock page, NUBL stock page, the screener, the heat map and the guides to evaluating banking stocks and bonus and right shares.
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.