NEPSE sector

Finance companies listed on NEPSE.

Class C finance companies: the smallest tier of licensed lender.

Close · 24 September 202614 companies, 5 other listed securities, 62 delisted or suspended

Companies
14
5.0% of NEPSE’s listed companies
Market value
Rs 6,337 cr
1.4% of the exchange
At the close
+0.26%
9 rose, 4 fell, of 13 traded
One year
−3.5%
Price, weighted by value
Median yield
2.88%
2 of 13 paid cash in 12 months

What actually moves these companies

Finance companies take deposits and lend, mostly for vehicles, small business and hire purchase, under the lightest of Nepal Rastra Bank’s three banking licences.

Like the development banks, the sector is a shrinking one. Most of the symbols on the registry here are gone, upgraded into a development bank or absorbed by one.

Worth knowing: Small institutions are where credit stress shows first. Non-performing loan ratios matter more here than in any other financial sector.

The 19 listed securities here are Best Finance Company Ltd. (BFC), Central Finance Co. Ltd. (CFCL), Goodwill Finance Limited (GFCL), Guheswori Merchant Banking & Finance Ltd. (GMFIL), Gurkhas Finance Ltd. (GUFL), Goodwill Finance Limited (GWFD83), ICFC Finance Limited (ICFC), ICFC Finance Limited (ICFCD83), and 11 more listed below. That is 5.0% of the 280 companies listed on NEPSE.

The sector at a glance

Listed securities
19
Instrument mix
14 equity, 5 non-convertible debentures
Regulator
Nepal Rastra Bank
Delisted or suspended
62
Largest company
MFIL

Every finance company

13 companies with a price. Select a heading to sort; each symbol opens its stock page.

MFILManjushree Finance Ltd.764.80−0.55%+18.1%none1,034
ICFCICFC Finance Limited595.00+0.52%−9.6%4.42%704
GFCLGoodwill Finance Limited577.00+0.35%−8.3%none546
CFCLCentral Finance Co. Ltd.567.90+0.16%+14.0%none539
SIFCShree Investment Finance Co. Ltd.480.30−0.15%−5.8%1.33%480
RLFLReliance Finance Ltd.424.00+0.26%−5.8%none476
GUFLGurkhas Finance Ltd.496.40+0.08%−2.7%none431
GMFILGuheshowori Merchant Bank & Finance Co. Ltd.421.00−1.17%−13.8%none426
NFSNepal Finance Ltd.495.00+1.85%−24.4%none415
BFCBest Finance Company Ltd.447.00+0.68%−3.9%none398
MPFLMultipurpose Finance Company Limited588.00−0.34%+3.4%none359
PROFLProgressive Finance Limited391.00+2.01%−21.0%none332
JFLJanaki Finance Company Limited285.00+2.11%−37.0%none197

Other listed securities

Debentures, fund units and other instruments listed in the sector, from the registry as of 26 September 2026.

SymbolInstrumentWebsite
GWFD83Goodwill Finance LimitedNon-Convertible Debenturesgoodwillfinance.com.np
ICFCD83ICFC Finance LimitedNon-Convertible Debenturesicfc.com.np
ICFCD88ICFC Finance LimitedNon-Convertible Debenturesicfc.com.np
ICFCD89ICFC Finance LimitedNon-Convertible Debenturesicfc.com.np
MFLD85Manjushree Finance Ltd.Non-Convertible Debenturesmanjushreefinance.com.np

No longer trading

Suspended or delisted. Most Nepali delistings are mergers: shareholders were issued shares in the listed survivor.

  • CFL Suspended
  • CMB Suspended
  • HFL Suspended
  • NSM Suspended
  • SFC Suspended
  • AEFL Delisted
  • AFL Delisted
  • BFCL Delisted
  • BFIL Delisted
  • BJFL Delisted
  • CEFL Delisted
  • CMBF Delisted
  • CMBSL Delisted
  • EFL Delisted
  • FFCL Delisted
  • GFLK Delisted
  • HAMA Delisted
  • HATH Delisted
  • IFIL Delisted
  • ILFC Delisted
  • IMEFI Delisted
  • JEFL Delisted
  • KAFIL Delisted
  • LBFIL Delisted
  • LFC Delisted
  • LFLC Delisted
  • MFL Delisted
  • NABB Delisted
  • NBFL Delisted
  • NBSL Delisted
  • NCM Delisted
  • NCMMF Delisted
  • NDFL Delisted
  • NEFL Delisted
  • NFL Delisted
  • NHMF Delisted
  • NNFC Delisted
  • NSLMB Delisted
  • OFL Delisted
  • PFC Delisted
  • PFCL Delisted
  • PFCLL Delisted
  • PFIL Delisted
  • PFLBS Delisted
  • SAFL Delisted
  • SBSL Delisted
  • SDFL Delisted
  • SETI Delisted
  • SFCL Delisted
  • SFFIL Delisted
  • SFL Delisted
  • SLFL Delisted
  • SMF Delisted
  • STFL Delisted
  • SYFL Delisted
  • UFCL Delisted
  • UFIL Delisted
  • UFL Delisted
  • UFLK Delisted
  • VFL Delisted
  • YFL Delisted
  • ZFL Delisted

The rest of the market

A sector is only worth reading against the others.

All 13 sectors

About finance companies on NEPSE

How many finance companies are listed on NEPSE?
14 finance companies are listed and trading on the Nepal Stock Exchange, alongside 5 other listed securities in the sector such as debentures and fund units. That count is from the exchange's registry as of 26 September 2026.
Which is the largest finance company on NEPSE?
By market value at the 24 September 2026 close, Manjushree Finance Ltd. (MFIL) at Rs 1,034 cr, 16.3% of the sector's Rs 6,337 cr. Over the last year the best price return in the sector was MFIL, +18.1% (adjusted for bonus shares).
What moves finance share prices in Nepal?
Like the development banks, the sector is a shrinking one. Most of the symbols on the registry here are gone, upgraded into a development bank or absorbed by one. Small institutions are where credit stress shows first. Non-performing loan ratios matter more here than in any other financial sector.
Which finance companies have been delisted from NEPSE?
62 symbols in this sector are no longer trading, including CFL, CMB, HFL, NSM, SFC, AEFL. Most Nepali delistings are mergers rather than failures: the company was absorbed into another listed institution and its shareholders were issued shares in the survivor.

Also: the heat map, the screener and the full registry.

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