# MLBL vs SADBL

[MLBL](https://nepse.link/stocks/MLBL) (Mahalaxmi Bikas Bank Ltd.) and [SADBL](https://nepse.link/stocks/SADBL) (SHANGRI-LA DEVELOPMENT BANK LIMITED) are two of the most traded Development Banks stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q1 FY 083/084.

MLBL is ahead of SADBL on 4 of the 6 measures below. None of this is a recommendation; it is what the latest numbers say. MLBL is the bigger company by market value (Rs 1,682.71 crore), 1.1 times SADBL (Rs 1,529.68 crore).

## Which is ahead on each measure

- MLBL is cheaper on P/E (35.5 against 114.2 for SADBL).
- MLBL is cheaper on price to book (2.2 against 2.5 for SADBL).
- SADBL has done better over a year (+9.3% against +3.2% for MLBL).
- SADBL declared the bigger latest dividend (10.53% for 082/083).
- MLBL earns more on its equity (ROE 6.32% against 2.19%).
- MLBL grew its net profit faster against the same quarter last year (+21.5% against -62.1% for SADBL).

## MLBL and SADBL side by side

| Measure | MLBL | SADBL |
| --- | --- | --- |
| Last close | Rs 373.00 | Rs 393.90 |
| Change, 1 month | +4.25% | -1.77% |
| Change, 1 year | +3.23% | +9.25% |
| EPS | Rs 10.50 | Rs 3.45 |
| P/E | 35.5 | 114.2 |
| Book value per share | Rs 166.73 | Rs 154.71 |
| Price to book | 2.24 | 2.55 |
| ROE | 6.32% | 2.19% |
| Net profit growth, same quarter last year | +21.5% | -62.1% |
| Latest dividend | 10.37% (081/082) | 10.53% (082/083) |
| Market value | Rs 1,682.71 crore | Rs 1,529.68 crore |
| Average daily turnover, 30 days | Rs 1.78 crore | Rs 2.83 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.74 (1 means they move in step, 0 means unrelated). That is high: holding both adds little diversification.

## More Development Banks comparisons

- [GBBL vs MLBL](https://nepse.link/stocks/compare/GBBL-vs-MLBL)
- [GBBL vs SADBL](https://nepse.link/stocks/compare/GBBL-vs-SADBL)
- [JBBL vs MLBL](https://nepse.link/stocks/compare/JBBL-vs-MLBL)
- [JBBL vs SADBL](https://nepse.link/stocks/compare/JBBL-vs-SADBL)
- [LBBL vs MLBL](https://nepse.link/stocks/compare/LBBL-vs-MLBL)
- [LBBL vs SADBL](https://nepse.link/stocks/compare/LBBL-vs-SADBL)
- [Every Development Banks stock](https://nepse.link/stocks/sector/development-banks)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.