Compare stocks · Development Banks

MLBL vs SHINE: Mahalaxmi Bikas Bank and Shine Resunga Development Bank compared

On 5 Oct 2026, MLBL (Mahalaxmi Bikas Bank Ltd.) closed at Rs 350.10 and SHINE (Shine Resunga Development Bank Ltd.) at Rs 398.00. Over the past year, Rs 100 in MLBL became Rs 94 and in SHINE Rs 105, adjusted for bonus shares.

SHINE is the larger company by market value, Rs 2,119 crore against Rs 1,579 crore. Cash dividends declared in the last 12 months yield 1.53% on MLBL and 5.03% on SHINE at today’s price.

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 2026MLBL Rs 100 → Rs 94 (close 350.10)SHINE Rs 100 → Rs 105 (close 398.00)

951001051107 Oct13 Apr5 OctMLBL 94SHINE 105

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.

MLBL and SHINE side by side. Nothing is marked better.
MLBLMahalaxmi Bikas Bank Ltd.SHINEShine Resunga Development Bank Ltd.
SectorDevelopment BanksDevelopment Banks
Close, Rs350.10398.00
Today−1.10% down+1.04% up
Return, 1 month+0.14% up+0.47% up
Return, 1 year−5.69% down+4.51% up
52-week range330.70 to 418.00384.00 to 449.70
Market valueRs 1,579 crRs 2,119 cr
Cash dividend yield1.53%5.03%
Latest dividends2081/82: 5.37% cash, 5% bonus2082/83: 10% cash, 6% bonus
Traded, last 30 daysRs 28.20 crRs 91.67 cr

MLBL and SHINE dividends, year by year

Dividends declared by MLBL and SHINE by Nepali fiscal year, as a percentage of paid-up value
Fiscal yearMLBLSHINE
2082/83none10% cash, 6% bonus
2081/825.37% cash, 5% bonus10% cash, 3% bonus
2080/814% cash, 3% bonus5% cash, 3% bonus
2079/806.4% cash0.55% cash, 10.5% bonus
2078/796.47% cash, 4% bonus0.7% cash, 13.3% 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.

MLBL or SHINE: questions

Which is bigger, MLBL or SHINE?
SHINE is larger by market value: Rs 2,119 crore, against Rs 1,579 crore for MLBL, 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, MLBL or SHINE?
Rs 100 in MLBL became Rs 94 (−5.69%), and Rs 100 in SHINE became Rs 105 (+4.51%), 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 SHINE?
MLBL last declared 5.37% cash and 5% bonus for 2081/82; SHINE last declared 10% cash and 6% 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 MLBL or SHINE?
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.