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GBBL vs MLBL: Garima Bikas Bank and Mahalaxmi Bikas Bank compared

On 24 Sep 2026, GBBL (Garima Bikas Bank Limited) closed at Rs 454.00 and MLBL (Mahalaxmi Bikas Bank Ltd.) at Rs 356.20. Over the past year, Rs 100 in GBBL became Rs 124 and in MLBL Rs 98, adjusted for bonus shares.

GBBL is the larger company by market value, Rs 2,734 crore against Rs 1,607 crore. Cash dividends declared in the last 12 months yield 3.20% on GBBL and 1.51% on MLBL at today’s price.

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

24 Sep 2026GBBL Rs 100 → Rs 124 (close 454.00)MLBL Rs 100 → Rs 98 (close 356.20)

9010011012024 Sep7 Apr24 SepGBBL 124MLBL 98

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.

GBBL and MLBL side by side. Nothing is marked better.
GBBLGarima Bikas Bank LimitedMLBLMahalaxmi Bikas Bank Ltd.
SectorDevelopment BanksDevelopment Banks
Close, Rs454.00356.20
Today+0.67% up−1.06% down
Return, 1 month+18.34% up+2.09% up
Return, 1 year+23.97% up−2.40% down
52-week range367.40 to 460.00330.70 to 418.00
Market valueRs 2,734 crRs 1,607 cr
Cash dividend yield3.20%1.51%
Latest dividends2082/83: 10% cash, 10% bonus2081/82: 5.37% cash, 5% bonus
Traded, last 30 daysRs 233.04 crRs 27.98 cr

GBBL and MLBL dividends, year by year

Dividends declared by GBBL and MLBL by Nepali fiscal year, as a percentage of paid-up value
Fiscal yearGBBLMLBL
2082/8310% cash, 10% bonusnone
2081/824.53% cash, 6% bonus5.37% cash, 5% bonus
2080/815% cash4% cash, 3% bonus
2079/800.5% cash, 9.5% bonus6.4% cash
2078/791.5% cash, 13% bonus6.47% cash, 4% 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.

GBBL or MLBL: questions

Which is bigger, GBBL or MLBL?
GBBL is larger by market value: Rs 2,734 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, GBBL or MLBL?
Rs 100 in GBBL became Rs 124 (+23.97%), and Rs 100 in MLBL became Rs 98 (−2.40%), 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, GBBL or MLBL?
GBBL last declared 10% cash and 10% bonus for 2082/83; MLBL last declared 5.37% 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 GBBL or MLBL?
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.