Compare stocks · Development Banks

EDBL vs SHINE: Excel Development Bank and Shine Resunga Development Bank compared

On 24 Sep 2026, EDBL (Excel Development Bank Ltd.) closed at Rs 575.00 and SHINE (Shine Resunga Development Bank Ltd.) at Rs 433.00. Over the past year, Rs 100 in EDBL became Rs 91 and in SHINE Rs 113, adjusted for bonus shares.

SHINE is the larger company by market value, Rs 2,175 crore against Rs 719 crore. Cash dividends declared in the last 12 months yield nothing on EDBL and 4.62% on SHINE at today’s price.

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

24 Sep 2026EDBL Rs 100 → Rs 91 (close 575.00)SHINE Rs 100 → Rs 113 (close 433.00)

9010011024 Sep7 Apr24 SepEDBL 91SHINE 113

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.

EDBL and SHINE side by side. Nothing is marked better.
EDBLExcel Development Bank Ltd.SHINEShine Resunga Development Bank Ltd.
SectorDevelopment BanksDevelopment Banks
Close, Rs575.00433.00
Today+2.13% up+0.91% up
Return, 1 month−1.10% down+12.22% up
Return, 1 year−9.31% down+12.59% up
52-week range535.90 to 683.40384.00 to 449.70
Market valueRs 719 crRs 2,175 cr
Cash dividend yieldnone in 12 months4.62%
Latest dividends2081/82: 0% cash, 0% bonus2082/83: 10% cash, 6% bonus
Traded, last 30 daysRs 24.22 crRs 65.84 cr

EDBL and SHINE dividends, year by year

Dividends declared by EDBL and SHINE by Nepali fiscal year, as a percentage of paid-up value
Fiscal yearEDBLSHINE
2082/83none10% cash, 6% bonus
2081/82none declared10% cash, 3% bonus
2080/81none declared5% cash, 3% bonus
2079/80none0.55% cash, 10.5% bonus
2078/79none declared0.7% 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.

EDBL or SHINE: questions

Which is bigger, EDBL or SHINE?
SHINE is larger by market value: Rs 2,175 crore, against Rs 719 crore for EDBL, 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, EDBL or SHINE?
Rs 100 in EDBL became Rs 91 (−9.31%), and Rs 100 in SHINE became Rs 113 (+12.59%), 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, EDBL or SHINE?
EDBL last declared 0% cash and 0% 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 EDBL 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.