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आधिकारिक सूचनाOfficial AnnouncementFinancial Analysis
6 Aug, 2026
कृषि विकास बैंकको चौथो त्रैमासिक वित्तीय विवरण

कृषि विकास बैंकको चौथो त्रैमासिक वित्तीय विवरणAgricultural Development Bank Q4 Financial Statement

वर्ग:Category:
Financial Analysis
प्रकाशित मिति:Published:
Published on August 6, 2026

Agricultural Development Bank Limited

Condensed Consolidated Statement of Financial Position

As on Quarter ended 32 Ashad, 2083

Assets Group This Quarter Ending Group Immediate Previous Year Ending Bank This Quarter Ending Bank Immediate Previous Year Ending

Cash and cash equivalent8,158,861,2834,621,015,4378,158,717,2274,620,869,932
Due from Nepal Rastra Bank18,795,907,51922,803,136,50918,795,907,51922,803,136,509
Placement with Bank and Financial Institutions17,879,452,50010,024,031,76917,879,452,50010,024,031,769
Derivative financial instruments34,491,56711,766,97934,491,56711,766,979
Other trading assets1,289,167,8491,455,830,8911,265,696,3081,423,863,106
Loan and advances to B/FIs1,939,065,1502,900,424,3191,939,065,1502,900,424,319
Loans and advances to customers247,145,223,957212,616,735,256247,145,223,957212,616,735,256
Investment securities114,861,726,21196,666,403,879114,523,674,52796,356,593,172
Current tax assets424,518,96918,200,414424,299,37018,491,920
Investment in subsidiaries--29,013,00029,013,000
Investment in associates----
Investment properties1,377,919,9961,306,220,6581,377,919,9961,306,220,658
Property and equipment2,427,325,3492,452,820,0942,421,831,1902,447,375,630
Goodwill and Intangible assets20,092,35023,142,16820,092,35023,142,168
Deferred tax assets----
Other assets6,119,334,4916,946,841,1296,118,740,4166,946,527,656
Total Assets420,473,087,191361,846,569,502420,134,125,077361,528,192,074
Liabilities
Due to Bank and Financial Institutions1,345,912,038786,684,6971,345,912,038786,684,697
Due to Nepal Rastra Bank----
Derivative financial instruments----
Deposits from customers347,219,350,976293,358,733,178347,219,869,157293,358,979,198
Borrowing2,553,414,2022,804,657,0632,553,414,2022,804,657,063
Current Tax Liabilities----
Provisions----
Deferred tax liabilities464,971,508454,266,869391,658,494385,035,851
Other liabilities9,236,048,8635,102,729,7969,230,017,0945,094,071,709
Debt securities issued20,486,926,32820,481,846,21220,486,926,32820,481,846,212
Subordinated Liabilities----
Total liabilities381,306,623,915322,988,917,815381,227,797,313322,911,274,730
Equity
Share capital19,738,231,09019,287,936,30019,738,231,09019,287,936,300
Ordinary Share14,305,519,09013,855,224,30014,305,519,09013,855,224,300
Preference Share(Irredeemable)5,432,712,0005,432,712,0005,432,712,0005,432,712,000
Share premium----
Retained earnings1,301,764,2092,855,232,2241,262,186,6652,816,669,319
Reserves18,107,516,12116,696,802,93117,905,910,00916,512,311,725
Total equity attributable to equity holders39,147,511,42038,839,971,45538,906,327,76438,616,917,344
Non-controlling interest18,951,85617,680,232--
Total equity39,166,463,27638,857,651,68738,906,327,76438,616,917,344
Total liabilities and equity420,473,087,191361,846,569,502420,134,125,077361,528,192,074

Condensed Consolidated Statement of Profit or Loss

For the Quarter ended 32 Ashad, 2083

Particulars Group Current Year This Quarter Group Current Year Up to This Quarter (YTD) Group Previous Year Corresponding This Quarter Group Previous Year Corresponding Up to This Quarter (YTD) Bank Current Year This Quarter Bank Current Year Up to This Quarter (YTD) Bank Previous Year Corresponding This Quarter Bank Previous Year Corresponding Up to This Quarter (YTD)

Interest income5,527,951,74220,975,114,6296,319,642,05422,449,057,1815,527,761,80020,974,502,0396,319,498,41622,448,469,998
Interest expense3,040,760,40211,853,029,0632,997,969,00513,000,996,2853,040,747,78011,852,993,7792,997,974,86813,001,002,826
Net interest income2,487,191,3409,122,085,5663,321,673,0499,448,060,8962,487,014,0209,121,508,2603,321,523,5489,447,467,172
Fees and commission income553,003,6861,792,329,192530,452,7901,628,433,273553,003,6861,792,329,192530,452,7901,628,433,273
Fees and commission expense36,671,70276,255,44623,979,20863,180,74036,671,70276,255,44623,979,20863,180,740
i. Others(+/-)15,527,052(113,980,761)
ICTL Reserve(38,639,876)(59,813,833)
Fair value through profit and Loss54,166,928(54,166,928)
Net Profit or (loss) for the Qtr ended on322083572,659,2252,423,005,745
Opening Retained Earnings as on Shrawan1,20822,816,669,3192,136,087,575
Adjustments(+/-)--
Distribution:
Bonus Share Issued(450,294,790)(403,550,222)
Cash Dividend Paid(1,676,847,089)(1,338,873,778)
Total Distributable Profit or (Loss) as on Qtr end Ashad20831,262,186,6652,816,669,320
Annualised Distributable Profit/(Loss) per Share6.5417.98

Ratios as per NRB Directive

Particulars Group Current Year This Quarter Group Current Year Upto This Quarter (YTD) Group Corresponding Previous Year This Quarter Group Corresponding Previous Year Upto This Quarter (YTD) Bank Current Year This Quarter Bank Current Year Upto This Quarter (YTD) Bank Corresponding Previous Year This Quarter Bank Corresponding Previous Year Upto This Quarter (YTD)

Capital Fund to RWA - 13.29% - 13.93% - 13.29% - 13.93%

Tier 1 Capital to RWA - 11.35% - 11.92% - 11.35% - 11.92%

CET 1 Capital to RWA - 9.85% - 10.42% - 9.85% - 10.42%

Non-Performing loan (NPL) to total Loan----
Total Loan Loss Provision to Total NPL----
Cost of Funds----
Credit to Deposit Ratio----
Base Rate----
Interest Rate Spread----
Return on Equity (Annualized)----
Return on Assets (Annualized)----

Notes:

1. The above figures are subject to change as per direction of the Regulators/Statutory Auditors.

2. Figures are regrouped/rearranged/restated whereas necessary for consistent presentation and comparison.

3. Personnel Expenses include provision for employee bonus calculated at 5% of profit before bonus and tax as per the provisions made for government controlled entity in the bonus bylaws 2075.

4. Loan and Advances to Customer is presented net of impairment charges and includes interest accruals and staff loans and advances.

5. Loan administration fees that are integral part of effective interest rate (EIR) is considered immaterial and hence not considered while computing the effective interest rate.

6. Coupon rate of the loan and advances has been considered as effective interest rate(EIR) for the recognition of Interest Income as per NFRS 9.

7. The Group Financial Statements includes two Susidiaries namely Kosh Byabasthapan Company Limited, having 93.45% holding and Gobar Gas Company having 83.96% holding. 100 percent impairment allowance has been provided against the investment in Gobar Gas Company.

8. All Inter-company transactions and outstanding balances among group companies are adjusted in Group Financial Statements.

9. Other Comprehensive Income is not considered while computing Earnings Per Share and calculated after dividend to Preference Shareholders.

10. Debt securities issued represents debenture worth Rs. 2,500 million and Agri bond worth Rs. 18,000 million .

11. Recognition of interest income on Loan & Advances has been based upon NRB 'Guidance Note on Interest Income Recognition, 2025'.

12. The Bank, following regulatory backstop as mentioned Clause 16 of “NFRS 9- Expected Credit Loss Related Guidelines, 2024” has recognized on credit exposures as the higher of total ECL calculated as per NFRS 9 and existing regulatory provisions as mentioned in Unified NRB Directives no 02.

13. Detailed interim financial report has been published in the Bank's website www.adbl.gov.np

कृषि विकास बैंक लि.

त्रैमासिक प्रतिवेदन

आर्थिक वर्ष २०८२/८३ चौथो त्रैमास (२०८३ आषाढ मसान्त)

धितोपत्र दर्ता तथा निष्कासन नियमावली २०७३, नियम २६ (१) अनुसूची १४ अनुसार

१. सम्बन्धित पक्ष (Related Party) बीच भएको कारोबार

नरहेको ।

२. प्रमुख वित्तीय अनुपातहरू

प्रतिशेयर आम्दानी/(नोक्सानी) (रु.) १६.११

Net fee and commission income516,331,9841,716,073,746506,473,5821,565,252,533516,331,9841,716,073,746506,473,5821,565,252,533
Net interest, fee and commission income3,003,523,32410,838,159,3123,828,146,63111,013,313,4293,003,346,00410,837,582,0063,827,997,13011,012,719,705
Net trading income222,259,034151,898,139274,899,090575,102,634223,240,640153,468,296273,363,798562,603,727
Other operating income(127,687,624)235,645,275(114,813,817)127,887,935(127,687,624)226,882,249(114,823,155)127,758,910
Total operating income3,098,094,73411,225,702,7263,988,231,90411,716,303,9983,098,899,02011,217,932,5513,986,537,77311,703,082,342
Impairment charge/(reversal) for loan and other losses(792,782,696)1,172,658,423(286,048,174)630,772,010(792,782,696)1,172,658,423(286,048,174)630,772,010
Net operating income3,890,877,43010,053,044,3034,274,280,07811,085,531,9883,891,681,71610,045,274,1284,272,585,94711,072,310,332
Operating expense
Personnel expenses1,618,456,5504,512,776,8201,282,229,9814,173,639,2531,616,824,3434,508,578,4451,281,351,3384,170,248,770
Other operating expenses373,379,6741,188,813,054293,850,6941,256,811,753372,863,8921,187,114,869293,423,1021,255,556,019
Depreciation & Amortisation79,462,732406,494,53086,165,999436,194,14379,322,961405,990,28485,682,284435,676,005
Operating Profit1,819,578,4743,944,959,8992,612,033,4045,218,886,8391,822,670,5203,943,590,5302,612,129,2235,210,829,538
Non operating income(7,832,271)4,934,12715,464,65116,520,914(7,832,271)4,934,12715,464,65116,520,914
Non operating expense--7,100,0007,100,000--7,100,0007,100,000
Profit before income tax1,811,746,2033,949,894,0262,620,398,0555,228,307,7531,814,838,2493,948,524,6572,620,493,8745,220,250,452
Income tax expense577,360,4911,316,219,973732,404,1311,489,818,240578,170,3651,317,882,822732,438,0441,487,834,257
Current Tax265,277,1701,028,588,501759,969,6701,450,756,130265,758,3811,028,154,075758,924,5221,448,612,845
Deferred Tax312,083,321287,631,472(27,565,539)39,062,110312,411,984289,728,747(26,486,478)39,221,412
Profit/(loss) for the period1,234,385,7122,633,674,0531,887,993,9243,738,489,5131,236,667,8842,630,641,8351,888,055,8303,732,416,195

Condensed Consolidated Statement of Comprehensive Income

Profit/(loss) for the period1,234,385,7122,633,674,0531,887,993,9243,738,489,5131,236,667,8842,630,641,8351,888,055,8303,732,416,195
Other Comphrensive Income(730,167,939)(644,959,783)28,728,65781,421,189(736,249,991)(664,384,327)33,410,52885,272,889
Total Comphrensive Income504,217,7731,988,714,2701,916,722,5813,819,910,702500,417,8931,966,257,5081,921,466,3583,817,689,084
Basic earnings per share32.2416.1352.1524.6332.3016.1152.1624.59
Diluted earnings per share32.2416.1352.1524.6332.3016.1152.1624.59
Profit attributable to:
Equity holders of the Bank1,234,535,2942,633,475,3101,887,997,9813,738,091,4451,236,667,8842,630,641,8351,888,055,8303,732,416,195
Non-controlling interest(149,582)198,743(4,057)398,068----
Total1,234,385,7122,633,674,0531,887,993,9243,738,489,5131,236,667,8842,630,641,8351,888,055,8303,732,416,195

Statement of Distributable Profit or Loss

For the Quarter ended 32 Ashad, 2080

(As per NRB Regulation)

Amount in Rs.

Bank

Particulars Current Year Upto this Quarter YTD Previous Year Corresponding Qtr YTD
Net Profit or (loss) as per statement of profit or loss2,630,641,8353,732,416,195
1. Appropriations
a. General Reserve526,128,367746,483,239
b. Capital Redemption Reserve-500,000,000
c. Exchange Fluctuation Fund23,287,9601,239,499
d. Corporate Social Responsibity Fund26,306,41837,324,162
e. Employees Training Fund25,284,46520,227,835
f. Other33,701,4624,244,496
CSR Expenses transferred to Retained earning from CSR Reserve(21,298,538)(26,907,777)
Realised gain upto previous year on equity share investment measured at FVTOCI transferred to Retained Earnings-6,152,273
Investment Adjustment Reserve55,000,00025,000,000
Profit or (loss) before regulatory adjustment1,995,933,1632,422,896,964
Regulatory Adjustment:
a. Interest receivable (-)/previous accrued interest received (+)(89,980,747)349,244,048
b. Short loan loss provision in accounts (-)/reversal (+)--
c. Short provision for possible losses on investment (-)/ reversal (+)--
d. Short loan loss provision on Non Banking Assets (-)/ reserval (+)(37,667,247)(59,068,784)
e. Deferred tax assets recognised (-)/ reversal (+)--
f. Goodwill recognised (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognised (-)/reversal (+)--
h. Actuarial loss recognised (-)/reversal (+)(1,311,152,996)(176,085,722)

प्रतिशेयर खुद मूल्य (रु.) २३१.७१

प्रतिशेयर कुल सम्पत्ति मूल्य (रु.) २,८९६.६१

तरलता अनुपात (%) ३७.४५

३. व्यवस्थापकीय विश्लेषण

(क) त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सोको प्रमुख कारण सम्बन्धी विवरण

समीक्षा अवधिमा अर्थतन्त्रमा देखिएको अन्योलताका कारणले बैंकको कर्जा व्यवसाय आशातित विस्तार हुन सकेको छैन । तथापि निक्षेप मौज्दातमा भने सकारात्मक वृद्धि गरिएको छ । बैंकको कारोबार नियमित रहेको र तरलता सन्तोषजनक रहेको छ ।

(ख) आगामी अवधिको व्यावसायिक योजनाको सम्बन्धमा

कर्जाको सन्तुलित भण्डार कायम तथा उत्कृष्ट गुणस्तर कायम गर्दै, ग्राहकको चाहना तथा व्यवसायको सम्भाव्यता अनुरूप Digital बैंकिङ सेवा ग्रामीण स्तरसम्म उपलब्ध गराइनेछ । किसान क्रेडिट कार्ड, फोन लोन, ओभरड्राफ्ट कार्ड आदिको सेवा थप विस्तार गरिनेछ । व्यवसायमा अन्तरनिहित जोखिमको प्रभावकारी व्यवस्थापन गर्दै शेयरधनी र सम्बद्ध सरोकारवालाहरूको अधिकतम हित हुने गरी व्यवसायको विस्तार गर्नुका साथै सेवामूलक कार्यक्रम सञ्चालन गरिनेछ ।

(ग) विगतको अनुभवबाट सङ्गठित संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा तात्त्विक असर पार्न सक्ने घटना, अवस्था आदि भएमा सो सम्बन्धी विश्लेषणात्मक विवरण

विश्व अर्थतन्त्रमा देखिएको असामञ्जस्यता आदिका कारण राष्ट्रिय अर्थतन्त्रसँगै बैंकिङ व्यवसाय समेत प्रभावित भइरहेको अवस्थामा अर्थतन्त्रलाई लयमा फर्काउन, सरकार र नेपाल राष्ट्र बैंकबाट ल्याइएका विभिन्न सुधारका उपायहरूले अर्थतन्त्रमा सुधार आउनसक्ने विश्वास गर्न सकिन्छ । तरलता र लगानी योग्य पुँजीमा आएको सुधारले बैंकिङ व्यवसायलाई सजगताका साथ चुस्त व्यवस्थापन गर्दै बैंकका गतिविधिहरूलाई विविधीकरण सहित अघि बढाइएको छ ।

४. कानूनी कारबाही सम्बन्धी विवरण

देहाय अनुसारको मुद्दा दायर भएको भए, मुद्दा दायर भएको मिति, विषय, मुद्दा दायर भएको संस्थापक वा सञ्चालकको नाम र सम्भाव्य कानूनी उपचार सम्बन्धी विवरण

(क) त्रैमासिक अवधिमा सङ्गठित संस्थाले वा संस्थाको विरुद्ध कुनै मुद्दा दायर भएको भए

यस बैंकको पक्ष विपक्षी भई अदालतमा हालसम्म १५२ वटा मुद्दाहरू विचाराधीन अवस्थामा रहेको छ ।

(ख) सङ्गठित संस्थाको संस्थापक वा सञ्चालकले वा संस्थापक वा सञ्चालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर गरेको वा भएको भए

यस बैंकको जानकारीमा आएको छैन ।

(ग) कुनै संस्थापक वा सञ्चालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर भएको भए

यस बैंकको जानकारीमा आएको छैन ।

५. सङ्गठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण

(क) धितोपत्र बजारमा भएको सङ्गठित संस्थाको शेयरको कारोबार सम्बन्धमा व्यवस्थापनको धारणा

बैंकको शेयर कारोबार नियमित एवं सन्तोषजनक रूपमा हुँदै आएको छ ।

(ख) त्रैमासिक अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिम मूल्य, कारोबार भएको कुल दिन तथा कारोबार सङ्ख्या

शेयरको अधिकतम मूल्य न्यूनतम मूल्य अन्तिम मूल्य शेयर कारोबार भएको कुल दिन कुल शेयर कारोबार सङ्ख्या

३२२.०० ३०२.०० ३०९.०० ६४ १६,०६,३४८

६. समस्या तथा चुनौती

सङ्गठित संस्थाले वहन गर्नुपरेको समस्या तथा चुनौती स्पष्ट रूपमा उल्लेख गर्नुपर्ने र उक्त समस्या तथा चुनौतीलाई सङ्गठित संस्थाको आन्तरिक र बाह्य भनी वर्गीकरण गरी त्यस्तो समस्या तथा चुनौती समाधान गर्न व्यवस्थापनले अवलम्बन गरेको रणनीति सम्बन्धी विवरण

आन्तरिक समस्या र चुनौती

• सञ्चालन लागत ।

• कर्जाको गुणस्तर ।

• तरलता व्यवस्थापन ।

बाह्य समस्या र चुनौती

• अर्थतन्त्रमा देखिएको मन्दी र यसले पारेको प्रभाव ।

• सूचना प्रविधिको क्षेत्रमा चुनौती र अनुपालन लागतमा वृद्धि ।

चुनौती समाधान गर्न व्यवस्थापनले अवलम्बन गरेको रणनीति

उपरोक्त समस्याको समाधान तथा चुनौतीहरूको सामना गर्न बैंकले थप सजगताका साथ समग्र सञ्चालन प्रणालीमा समयसापेक्ष सुधार गर्दै आएको छ ।

• उपलब्ध स्रोत र साधनको अधिकतम परिचालन गरी व्यवसाय वृद्धि तथा विविधीकरण गरिएको ।

• प्रतिस्पर्धी ब्याजदर कायम गर्न सञ्चालन खर्चमा कटौती र न्यून लागतको निक्षेप र दीर्घकालीन स्रोत सङ्कलनमा जोड दिँदै कर्जा निक्षेप सम्मिश्रणलाई थप सन्तुलित बनाउँदै लगिएको ।

• व्यवसायमा थप नियन्त्रण हुने गरी केन्द्रीकृत व्यवसायको अवधारणा अवलम्बन गरिएको ।

• Digital Banking कारोबारलाई expedite गर्दै लगिएको ।

७. संस्थागत सुशासन

प्रचलित नीति, नियम तथा निर्देशनहरूको प्रभावकारी रूपमा पालना गरिएको छ । बैंक व्यवस्थापन आफ्ना शेयरधनीहरू, सर्वसाधारण निक्षेपकर्ता तथा सम्पूर्ण सरोकारवालाहरूको हित संरक्षणका लागि सदैव प्रतिबद्ध रहेको छ ।

८. सत्य, तथ्य सम्बन्धमा प्रमुख कार्यकारी अधिकृतको उद्घोषण

आजका मितिसम्म यस प्रतिवेदनमा उल्लिखित जानकारी तथा विवरणहरूको शुद्धता सम्बन्धमा म व्यक्तिगत रूपमा उत्तरदायित्व लिन्छु । साथै म यो उद्घोषण गर्दछु कि मैले जाने बुझेसम्म यस प्रतिवेदनमा उल्लिखित विवरणहरू सत्य, तथ्य र पूर्ण छन् र लगानीकर्ताहरूलाई सुसूचित गर्न तथा निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरू लुकाइएको छैन ।

Agricultural Development Bank Limited

Condensed Consolidated Statement of Financial Position

As on Quarter ended 32 Ashad, 2083

Assets Group This Quarter Ending Group Immediate Previous Year Ending Bank This Quarter Ending Bank Immediate Previous Year Ending

Cash and cash equivalent8,158,861,2834,621,015,4378,158,717,2274,620,869,932
Due from Nepal Rastra Bank18,795,907,51922,803,136,50918,795,907,51922,803,136,509
Placement with Bank and Financial Institutions17,879,452,50010,024,031,76917,879,452,50010,024,031,769
Derivative financial instruments34,491,56711,766,97934,491,56711,766,979
Other trading assets1,289,167,8491,455,830,8911,265,696,3081,423,863,106
Loan and advances to B/FIs1,939,065,1502,900,424,3191,939,065,1502,900,424,319
Loans and advances to customers247,145,223,957212,616,735,256247,145,223,957212,616,735,256
Investment securities114,861,726,21196,666,403,879114,523,674,52796,356,593,172
Current tax assets424,518,96918,200,414424,299,37018,491,920
Investment in subsidiaries--29,013,00029,013,000
Investment in associates----
Investment properties1,377,919,9961,306,220,6581,377,919,9961,306,220,658
Property and equipment2,427,325,3492,452,820,0942,421,831,1902,447,375,630
Goodwill and Intangible assets20,092,35023,142,16820,092,35023,142,168
Deferred tax assets----
Other assets6,119,334,4916,946,841,1296,118,740,4166,946,527,656
Total Assets420,473,087,191361,846,569,502420,134,125,077361,528,192,074
Liabilities
Due to Bank and Financial Institutions1,345,912,038786,684,6971,345,912,038786,684,697
Due to Nepal Rastra Bank----
Derivative financial instruments----
Deposits from customers347,219,350,976293,358,733,178347,219,869,157293,358,979,198
Borrowing2,553,414,2022,804,657,0632,553,414,2022,804,657,063
Current Tax Liabilities----
Provisions----
Deferred tax liabilities464,971,508454,266,869391,658,494385,035,851
Other liabilities9,236,048,8635,102,729,7969,230,017,0945,094,071,709
Debt securities issued20,486,926,32820,481,846,21220,486,926,32820,481,846,212
Subordinated Liabilities----
Total liabilities381,306,623,915322,988,917,815381,227,797,313322,911,274,730
Equity
Share capital19,738,231,09019,287,936,30019,738,231,09019,287,936,300
Ordinary Share14,305,519,09013,855,224,30014,305,519,09013,855,224,300
Preference Share(Irredeemable)5,432,712,0005,432,712,0005,432,712,0005,432,712,000
Share premium----
Retained earnings1,301,764,2092,855,232,2241,262,186,6652,816,669,319
Reserves18,107,516,12116,696,802,93117,905,910,00916,512,311,725
Total equity attributable to equity holders39,147,511,42038,839,971,45538,906,327,76438,616,917,344
Non-controlling interest18,951,85617,680,232--
Total equity39,166,463,27638,857,651,68738,906,327,76438,616,917,344
Total liabilities and equity420,473,087,191361,846,569,502420,134,125,077361,528,192,074

Condensed Consolidated Statement of Profit or Loss

For the Quarter ended 32 Ashad, 2083

Particulars Group Current Year This Quarter Group Current Year Up to This Quarter (YTD) Group Previous Year Corresponding This Quarter Group Previous Year Corresponding Up to This Quarter (YTD) Bank Current Year This Quarter Bank Current Year Up to This Quarter (YTD) Bank Previous Year Corresponding This Quarter Bank Previous Year Corresponding Up to This Quarter (YTD)

Interest income5,527,951,74220,975,114,6296,319,642,05422,449,057,1815,527,761,80020,974,502,0396,319,498,41622,448,469,998
Interest expense3,040,760,40211,853,029,0632,997,969,00513,000,996,2853,040,747,78011,852,993,7792,997,974,86813,001,002,826
Net interest income2,487,191,3409,122,085,5663,321,673,0499,448,060,8962,487,014,0209,121,508,2603,321,523,5489,447,467,172
Fees and commission income553,003,6861,792,329,192530,452,7901,628,433,273553,003,6861,792,329,192530,452,7901,628,433,273
Fees and commission expense36,671,70276,255,44623,979,20863,180,74036,671,70276,255,44623,979,20863,180,740
i. Others(+/-)15,527,052(113,980,761)
ICTL Reserve(38,639,876)(59,813,833)
Fair value through profit and Loss54,166,928(54,166,928)
Net Profit or (loss) for the Qtr ended on322083572,659,2252,423,005,745
Opening Retained Earnings as on Shrawan1,20822,816,669,3192,136,087,575
Adjustments(+/-)--
Distribution:
Bonus Share Issued(450,294,790)(403,550,222)
Cash Dividend Paid(1,676,847,089)(1,338,873,778)
Total Distributable Profit or (Loss) as on Qtr end Ashad20831,262,186,6652,816,669,320
Annualised Distributable Profit/(Loss) per Share6.5417.98

Ratios as per NRB Directive

Particulars Group Current Year This Quarter Group Current Year Upto This Quarter (YTD) Group Corresponding Previous Year This Quarter Group Corresponding Previous Year Upto This Quarter (YTD) Bank Current Year This Quarter Bank Current Year Upto This Quarter (YTD) Bank Corresponding Previous Year This Quarter Bank Corresponding Previous Year Upto This Quarter (YTD)

Capital Fund to RWA - 13.29% - 13.93% - 13.29% - 13.93%

Tier 1 Capital to RWA - 11.35% - 11.92% - 11.35% - 11.92%

CET 1 Capital to RWA - 9.85% - 10.42% - 9.85% - 10.42%

Non-Performing loan (NPL) to total Loan----
Total Loan Loss Provision to Total NPL----
Cost of Funds----
Credit to Deposit Ratio----
Base Rate----
Interest Rate Spread----
Return on Equity (Annualized)----
Return on Assets (Annualized)----

Notes:

1. The above figures are subject to change as per direction of the Regulators/Statutory Auditors.

2. Figures are regrouped/rearranged/restated whereas necessary for consistent presentation and comparison.

3. Personnel Expenses include provision for employee bonus calculated at 5% of profit before bonus and tax as per the provisions made for government controlled entity in the bonus bylaws 2075.

4. Loan and Advances to Customer is presented net of impairment charges and includes interest accruals and staff loans and advances.

5. Loan administration fees that are integral part of effective interest rate (EIR) is considered immaterial and hence not considered while computing the effective interest rate.

6. Coupon rate of the loan and advances has been considered as effective interest rate(EIR) for the recognition of Interest Income as per NFRS 9.

7. The Group Financial Statements includes two Susidiaries namely Kosh Byabasthapan Company Limited, having 93.45% holding and Gobar Gas Company having 83.96% holding. 100 percent impairment allowance has been provided against the investment in Gobar Gas Company.

8. All Inter-company transactions and outstanding balances among group companies are adjusted in Group Financial Statements.

9. Other Comprehensive Income is not considered while computing Earnings Per Share and calculated after dividend to Preference Shareholders.

10. Debt securities issued represents debenture worth Rs. 2,500 million and Agri bond worth Rs. 18,000 million .

11. Recognition of interest income on Loan & Advances has been based upon NRB 'Guidance Note on Interest Income Recognition, 2025'.

12. The Bank, following regulatory backstop as mentioned Clause 16 of “NFRS 9- Expected Credit Loss Related Guidelines, 2024” has recognized on credit exposures as the higher of total ECL calculated as per NFRS 9 and existing regulatory provisions as mentioned in Unified NRB Directives no 02.

13. Detailed interim financial report has been published in the Bank's website www.adbl.gov.np

Agricultural Development Bank Ltd.

Quarterly Report

Fiscal Year 2082/83 Fourth Quarter (End of Ashad 2083)

As per Rule 26 (1) Annexure 14 of Securities Registration and Issuance Regulations 2073

1. Transactions between Related Parties

None.

2. Key Financial Ratios

Earnings/(Loss) per Share (Rs.) 16.11

Net fee and commission income516,331,9841,716,073,746506,473,5821,565,252,533516,331,9841,716,073,746506,473,5821,565,252,533
Net interest, fee and commission income3,003,523,32410,838,159,3123,828,146,63111,013,313,4293,003,346,00410,837,582,0063,827,997,13011,012,719,705
Net trading income222,259,034151,898,139274,899,090575,102,634223,240,640153,468,296273,363,798562,603,727
Other operating income(127,687,624)235,645,275(114,813,817)127,887,935(127,687,624)226,882,249(114,823,155)127,758,910
Total operating income3,098,094,73411,225,702,7263,988,231,90411,716,303,9983,098,899,02011,217,932,5513,986,537,77311,703,082,342
Impairment charge/(reversal) for loan and other losses(792,782,696)1,172,658,423(286,048,174)630,772,010(792,782,696)1,172,658,423(286,048,174)630,772,010
Net operating income3,890,877,43010,053,044,3034,274,280,07811,085,531,9883,891,681,71610,045,274,1284,272,585,94711,072,310,332
Operating expense
Personnel expenses1,618,456,5504,512,776,8201,282,229,9814,173,639,2531,616,824,3434,508,578,4451,281,351,3384,170,248,770
Other operating expenses373,379,6741,188,813,054293,850,6941,256,811,753372,863,8921,187,114,869293,423,1021,255,556,019
Depreciation & Amortisation79,462,732406,494,53086,165,999436,194,14379,322,961405,990,28485,682,284435,676,005
Operating Profit1,819,578,4743,944,959,8992,612,033,4045,218,886,8391,822,670,5203,943,590,5302,612,129,2235,210,829,538
Non operating income(7,832,271)4,934,12715,464,65116,520,914(7,832,271)4,934,12715,464,65116,520,914
Non operating expense--7,100,0007,100,000--7,100,0007,100,000
Profit before income tax1,811,746,2033,949,894,0262,620,398,0555,228,307,7531,814,838,2493,948,524,6572,620,493,8745,220,250,452
Income tax expense577,360,4911,316,219,973732,404,1311,489,818,240578,170,3651,317,882,822732,438,0441,487,834,257
Current Tax265,277,1701,028,588,501759,969,6701,450,756,130265,758,3811,028,154,075758,924,5221,448,612,845
Deferred Tax312,083,321287,631,472(27,565,539)39,062,110312,411,984289,728,747(26,486,478)39,221,412
Profit/(loss) for the period1,234,385,7122,633,674,0531,887,993,9243,738,489,5131,236,667,8842,630,641,8351,888,055,8303,732,416,195

Condensed Consolidated Statement of Comprehensive Income

Profit/(loss) for the period1,234,385,7122,633,674,0531,887,993,9243,738,489,5131,236,667,8842,630,641,8351,888,055,8303,732,416,195
Other Comphrensive Income(730,167,939)(644,959,783)28,728,65781,421,189(736,249,991)(664,384,327)33,410,52885,272,889
Total Comphrensive Income504,217,7731,988,714,2701,916,722,5813,819,910,702500,417,8931,966,257,5081,921,466,3583,817,689,084
Basic earnings per share32.2416.1352.1524.6332.3016.1152.1624.59
Diluted earnings per share32.2416.1352.1524.6332.3016.1152.1624.59
Profit attributable to:
Equity holders of the Bank1,234,535,2942,633,475,3101,887,997,9813,738,091,4451,236,667,8842,630,641,8351,888,055,8303,732,416,195
Non-controlling interest(149,582)198,743(4,057)398,068----
Total1,234,385,7122,633,674,0531,887,993,9243,738,489,5131,236,667,8842,630,641,8351,888,055,8303,732,416,195

Statement of Distributable Profit or Loss

For the Quarter ended 32 Ashad, 2080

(As per NRB Regulation)

Amount in Rs.

Bank

Particulars Current Year Upto this Quarter YTD Previous Year Corresponding Qtr YTD
Net Profit or (loss) as per statement of profit or loss2,630,641,8353,732,416,195
1. Appropriations
a. General Reserve526,128,367746,483,239
b. Capital Redemption Reserve-500,000,000
c. Exchange Fluctuation Fund23,287,9601,239,499
d. Corporate Social Responsibity Fund26,306,41837,324,162
e. Employees Training Fund25,284,46520,227,835
f. Other33,701,4624,244,496
CSR Expenses transferred to Retained earning from CSR Reserve(21,298,538)(26,907,777)
Realised gain upto previous year on equity share investment measured at FVTOCI transferred to Retained Earnings-6,152,273
Investment Adjustment Reserve55,000,00025,000,000
Profit or (loss) before regulatory adjustment1,995,933,1632,422,896,964
Regulatory Adjustment:
a. Interest receivable (-)/previous accrued interest received (+)(89,980,747)349,244,048
b. Short loan loss provision in accounts (-)/reversal (+)--
c. Short provision for possible losses on investment (-)/ reversal (+)--
d. Short loan loss provision on Non Banking Assets (-)/ reserval (+)(37,667,247)(59,068,784)
e. Deferred tax assets recognised (-)/ reversal (+)--
f. Goodwill recognised (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognised (-)/reversal (+)--
h. Actuarial loss recognised (-)/reversal (+)(1,311,152,996)(176,085,722)

Net Asset Value Per Share (Rs.) 231.71

Total Assets Value Per Share (Rs.) 2,896.61

Liquidity Ratio (%) 37.45

3. Management Analysis

(a) Details regarding major reasons if there are any changes in the institution's cash balance, income, and liquidity during the quarterly period

Due to the uncertainty observed in the economy during the review period, the bank's loan business could not expand as expected. However, positive growth has been achieved in deposit balance. The bank's business transactions are regular and liquidity remains satisfactory.

(b) Regarding business plans for the upcoming period

Maintaining a balanced loan portfolio and outstanding quality, Digital Banking services will be made available up to the rural level in accordance with customer preferences and business feasibility. Services like Kisan Credit Card, Phone Loan, Overdraft Card, etc., will be further expanded. While effectively managing inherent business risks, business will be expanded to maximize the interest of shareholders and related stakeholders along with conducting service-oriented programs.

(c) Analytical details regarding events or conditions that could have a material impact on the institution's reserves, profit, or cash flows based on past experience

In a situation where banking business along with the national economy is being affected due to global economic imbalances, it can be believed that various reform measures introduced by the Government and Nepal Rastra Bank will bring improvement to the economy. The improvement in liquidity and investable capital has enabled the bank to move forward with cautious and sleek management along with diversifying bank activities.

4. Legal Proceedings Details

Details regarding lawsuit filed, date of filing, subject matter, name of applicant promoter or director, and potential legal remedies as follows:

(a) If any lawsuit was filed by or against the organized institution during the quarterly period

As of now, 152 cases involving the bank as a party or opponent remain pending in court.

(b) If any lawsuit was filed regarding non-compliance with prevalent rules or criminal offenses committed by or against a promoter or director of the institution

No such matter has come to the bank's knowledge.

(c) If any lawsuit was filed regarding economic offenses committed against any promoter or director

No such matter has come to the bank's knowledge.

5. Analysis of Share Transactions of the Institution

(a) Management's view regarding transaction of shares of the institution in the securities market

Share transactions of the bank have been regular and satisfactory.

(b) Maximum, minimum, closing price, total trading days, and number of transactions during the quarterly period

Maximum Share Price Minimum Price Closing Price Total Trading Days Total Share Transaction Count

322.00 302.00 309.00 64 16,06,348

6. Problems and Challenges

Clear statement of problems and challenges faced by the institution, categorized into internal and external, and details of strategies adopted by management to solve such problems and challenges

Internal Problems and Challenges

• Operating costs.

• Quality of loans.

• Liquidity management.

External Problems and Challenges

• Economic slowdown and its impact.

• Challenges in information technology sector and increase in compliance costs.

Strategies Adopted by Management to Solve Challenges

To address the above problems and face challenges, the bank has been making timely improvements in the overall operational system with enhanced vigilance.

• Maximizing the mobilization of available resources to grow and diversify business.

• Cutting operational expenses to maintain competitive interest rates and emphasizing low-cost deposits and long-term resource collection to make the loan-to-deposit mix more balanced.

• Adopting the concept of centralized business to have greater control over business.

• Expediting Digital Banking transactions.

7. Corporate Governance

Prevalent policies, rules, and directives are effectively complied with. Bank management is committed to protecting the interests of its shareholders, general depositors, and all stakeholders at all times.

8. Declaration by the Chief Executive Officer on Truth and Accuracy

I take personal responsibility for the accuracy of the information and details mentioned in this report as of today. Furthermore, I declare that to the best of my knowledge, the details mentioned in this report are true, factual, and complete, and no details, notices, or information necessary for informing investors and taking decisions have been concealed.

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