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Research-driven ratings, rankings, and market intelligence for Nepal's listed companies — built on transparent methodology, independent analysis, and real data.
This is the depth of analysis available for every one of the 50 rated companies. Click any company to access the full profile.
The central bank's mid-quarter review leaves the policy rate unchanged for the third meeting in a row, but inflation tracking below the 5% ceiling and a comfortable liquidity surplus open the door for a 25–50 bps cut into FY 2026/27. Banking spreads remain the swing factor.
All stocks listed on NEPSE — live last traded prices via ShareBazaar API, enriched with % change and volume from MeroLagani. Auto-refreshes every 60 seconds.
Prices sourced from ShareBazaar API (nepsetty.kokomo.workers.dev). LTP only — percentage change and volume data not provided by this source. Not investment advice.
AGMs, book closes, dividend announcements, and quarterly results for NEP50's 50 rated companies — the events that matter to quality investors.
Filtered announcements from NEP50's 50 rated companies — dividends, bonuses, AGM notices, quarterly results, and material disclosures. Not the full NEPSE feed. Just the 50 companies you care about.
Every NEP50-rated company ranked by overall quality score — profitability, governance, dividend consistency, and trend in one transparent number. Click any company for the full analysis.
| # | Company | Tier | ROE | Div. Yield | Gov. Score | Market Cap | Trend | NEP50 Score ▼ | Compare |
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NEP50 Quality Ratings are research outputs, not investment recommendations. Ratings updated semi-annually. Elite ≥90 · Strong 80–89 · Attractive 70–79 · Neutral 60–69 · Weak <60. A high rating reflects quality characteristics, not a prediction of future price performance.
Select two NEP50 constituents to compare proprietary quality scores, governance ratings, and key performance ratios side by side — with the reasoning behind the numbers, not just the numbers.
Deep-dive sector dashboards with aggregate metrics, risk assessment, outlook, and individual rankings.
Curated newsflow from across NEPSE — monetary policy, corporate earnings, IPO calendar, and sector developments. Updated through the trading day.
Track active IPOs, rights offerings, and recently closed issues. NEP50 does not rate IPOs — we track only.
Check your IPO allotment result. Select a recently closed issue, enter your BOID, and we'll direct you to the NEPSE allotment portal.
Capital market issuance activity across the current fiscal year on NEPSE.
| Company | Symbol | Type | Sector | Issue Date | Status | Units Offered |
|---|
Professional-grade NEPSE-specific calculators. Commission rates, DP fees, and tax rates are pre-set to current NEPSE standards.
Calculate exact profit/loss on any NEPSE trade including SEBON fee (0.015%), broker commission (0.40%), and DP fee (NPR 25).
Calculate your true average cost across multiple buy transactions in the same scrip.
Calculate your expected cash dividend and bonus shares, including 5% withholding tax on cash dividends as per Nepal tax law.
Calculate compound annual growth rate on any holding — useful for comparing NEPSE returns to benchmarks over multi-year periods.
Calculate adjusted share price after bonus issuance to evaluate the true valuation impact on your holdings.
Calculate monthly EMI on share-backed loans or margin lending at any interest rate. Useful for collateral-based NEPSE borrowing.
Sector research, company analysis, methodology papers, and financial education — all freely available.
The highest-yielding, most consistent dividend-paying companies within the NEP50 universe.
Dividend yields are calculated at book closure price. Historical data sourced from NEPSE and company annual reports. Past distribution does not guarantee future distributions. NEP50 does not recommend dividend stocks — this is informational only.
Enter your NEPSE holdings and weights, then compare your portfolio's quality profile against the NEP50 benchmark. Data stays in your browser — nothing is sent to any server.
Portfolio benchmarking is for informational and educational purposes only. It does not constitute investment advice. Quality scores are based on publicly available annual report data. NEP50 does not have visibility into your actual portfolio or brokerage account.
NEP50 operates with the rigour of an institutional index provider. Selection criteria, weighting rules, rebalancing schedules, and methodology documentation are all publicly disclosed.
Rules-based eligibility: ROE ≥15%, 3+ years consecutive dividends, liquidity threshold, governance audit ≥60/100. No discretionary picks.
Weights driven by quality score × free-float market cap. Single-stock cap of 10%. Sector cap of 35%. Prevents concentration in low-quality large-caps.
Reconstituted in January and July. Data cut-off: December 1 and June 1. Buffer rule: existing constituents ranked 51–60 remain until explicitly displaced by rank 45+ entrants.
Price and weight adjustments for bonus shares, rights issues, and mergers follow NEPSE standard mechanics with documented treatment for each scenario.
Methodology reviewed semi-annually. Material changes announced with minimum 30-day notice. Version history maintained publicly. Current: v1.0 — May 2026.
Cap constraints and liquidity requirements designed to make NEP50 practically replicable by a domestic fund manager. Intended for future ETF or index fund use.
NEP50 Quality IndexNepal Quality Equity Benchmark
50 companiesNEPSE-listed, quality-screened
All NEPSE-listedExcluding microfinance, devbank
Semi-AnnualJanuary & July each year
Quality-WeightedScore × FF Market Cap
10.00%Maximum per constituent
35.00%Maximum per sector
≥15.00%3-year weighted average
3+ YearsConsecutive distribution
A fully transparent, four-factor scoring model. No black boxes. Every weight, every formula, every threshold — disclosed.
3-year weighted average ROE (most recent year carries 3× weight). Floor: ≥15.00%. Cross-sectional Z-normalised against full eligible universe.
100-point structural audit. Timely AGM (+40), clean audit (+40), independent board (+20). Deductions for sanctions (−50) and late disclosures (−25).
Consistency multiplier × 3-year avg dividend yield. Unbroken 5yr history earns 1.2× multiplier. 3–4yr earns 1.0×. Below 3yr earns 0.5×.
6-month median daily traded value (NPR). Median used — not average — to resist single-day block trade distortion. Minimum MDTV threshold applies.
Every company score is fully auditable. Below is an example of how NABIL's NEP50 Score of 87.2 is constructed from its four underlying factors.
NEP50 Score is a research output. It is not a price target, buy/sell recommendation, or prediction of future performance. See full methodology for Z-normalisation details.
The 50 companies currently rated by NEP50 — organised by sector with quality ratings, scores, and one-line research insight on every company. Click any card to open the full research profile.
"Most investors in Nepal know the price of a stock. Very few know its quality. NEP50 exists to close that gap — through independent research, transparent ratings, and a commitment to financial intelligence over financial noise."
The Nepal Stock Exchange lists hundreds of companies. Most are noise. NEP50 is the signal.
We apply a rigorous quality filter — minimum 15% Return on Equity, three or more consecutive years of dividend distribution, demonstrable institutional liquidity, and verifiable corporate governance standards — to identify the fifty companies on NEPSE that genuinely create shareholder wealth.
Every company we cover receives a NEP50 Quality Rating: Elite, Strong, Attractive, Neutral, or Weak — derived from profitability, governance, dividend consistency, and trend analysis. Our methodology is fully public. Our ratings are independent. We do not manage capital, take broker commissions, or solicit investments.
Today, NEP50 is Nepal's independent equity research and intelligence platform. Tomorrow, we are building the foundation for Nepal's most credible equity benchmark and index institution.
NEP50 does not rank by market capitalisation alone. Every constituent must satisfy three independent criteria simultaneously.
A company that generates at least 15 paisa of profit for every Rupee of equity compounds wealth structurally. This threshold eliminates leveraged underperformers and asset-heavy firms that merely appear large on the exchange.
Dividends are the most honest signal in equity analysis. Three or more consecutive years of distribution demonstrates surplus cash, disciplined capital allocation, and a board that respects its shareholders' time preference for capital.
Companies must demonstrate minimum institutional tradability (MDTV threshold) and pass a 60/100 governance audit covering AGM timeliness, audit quality, and board independence.
Revenue growth without profitability is expansion without value creation. ROE measures how efficiently management converts shareholder capital into earnings — the foundational metric for any quality investing framework.
A 15% ROE floor was selected because it broadly exceeds Nepal's long-run cost of equity capital (~12–13%), ensuring positive economic value add. Below this level, companies often destroy real shareholder wealth despite nominal profits.
In Nepal's market, governance failures — delayed disclosures, SEBON sanctions, audit qualifications — are historically correlated with poor shareholder outcomes. NEP50's governance audit assigns meaningful weight to institutional-grade disclosure standards.
A company scoring below 60/100 on governance cannot qualify for NEP50 regardless of its financial metrics. This creates an effective quality screen beyond pure profitability.
"NEP50 is built on the conviction that a transparent, rules-based, publicly documented methodology is the only legitimate foundation for an independent equity intelligence platform."
Every formula, threshold, weighting decision, and rebalancing rule is disclosed in full. This document is the complete public record of how NEP50 is constructed. Version 1.0 — Effective May 2026.
The universe is all companies listed on the Nepal Stock Exchange (NEPSE). Companies are excluded from consideration if they fail any of the following mandatory criteria:
3-year weighted average Return on Equity. Most recent fiscal year carries 3× weight in the average calculation.
Company must have paid either cash dividend or bonus shares for three or more consecutive fiscal years without interruption.
6-month Median Daily Traded Value must exceed the minimum liquidity threshold set at each review. Threshold published quarterly.
Structural governance audit must result in a minimum score of 60 points before a company can enter the eligible universe.
Companies under active SEBON enforcement action, trading suspension, or with material regulatory sanctions are excluded until resolution.
Companies with qualified, adverse, or disclaimer audit opinions are excluded until a clean (unqualified) opinion is received and verified.
Each eligible company receives a composite Quality Score (0–100) combining four factors, each independently Z-normalised before weighting.
3-year weighted average ROE (most recent year ×3, 2 years ago ×2, 3 years ago ×1) is Z-normalised across all eligible companies. Z-score is then translated to a 0–100 sub-score.
3-year average dividend yield is multiplied by a consistency multiplier based on the unbroken dividend payment record over the past 5 fiscal years.
| Payment Record | Multiplier |
|---|---|
| 5 out of 5 years unbroken | 1.2× |
| 3 to 4 years unbroken | 1.0× |
| Less than 3 years | 0.5× |
A 100-point structural audit that penalises operational opacity and rewards institutional-grade disclosure standards.
| Governance Milestone | Points |
|---|---|
| Timely AGM Audited Report (within 6 months of FY end) | +40 |
| Independent Board Representation (≥20% or statutory min) | +20 |
| Clean Auditor's Opinion (unqualified, zero material notes) | +40 |
| Penalty: Delayed Financial Disclosures | −25 |
| Penalty: SEBON/NRB Regulatory Sanctions | −50 |
6-month Median Daily Traded Value (NPR) is Z-normalised across the eligible universe. Median is used (not mean) to prevent single large block trades from inflating a company's apparent liquidity.
NEP50 uses a Quality Factor-Capped Weighting Schema — preventing pure market-cap concentration from allowing a single large bank or state-backed entity to dominate index performance.
Sub-metrics are normalised and combined:
Top 50 ranked assets selected. Initial weight:
To ensure diversification:
The NEP50 Index is reconstituted semi-annually on the first trading days of January and July. Data cut-off dates: December 1st and June 1st respectively.
Price adjusted per standard NEPSE mechanics; share volume adjusted upward. Index weight remains neutral at corporate execution.
Prices adjusted on ex-date. If debt-to-equity deteriorates severely via aggressive rights expansion, Quality Score is re-evaluated mid-cycle.
If two NEP50 constituents merge, the surviving entity retains combined market weight until next semi-annual window. Vacancy filled by next highest-ranked reserve asset.
NEP50 is an independent research entity with no affiliations with stockbrokers, brokerage houses, or any company we rank, score, or analyze. We hold no positions, accept no sponsorships, and run no advertising from listed companies.
Every score is produced solely by our proprietary Quality Factor methodology — a fixed, published set of formulas applied identically to every constituent. No analyst discretion, no relationship-based adjustment, no exceptions.
NEP50 provides research and data to help investors understand companies — it is not investment advice, a recommendation to buy or sell, or a brokerage service of any kind. Investment decisions remain the user's own.
NEP50 publishes its complete data provenance, quality standards, and governance policy. Users should understand where all data comes from and how it is processed before relying on it for research.
NEP50 has zero financial relationship with any company it ranks, scores, or analyses. No sponsorships, no advertising from ranked companies, no conflicts of interest. Scores are driven purely by publicly available financial data.
Every formula, threshold, multiplier, weighting, and rebalancing rule is published on this website in full. If any calculation cannot be verified using publicly available data, it does not belong in our methodology.
Financial data is cross-referenced across at least two sources before inclusion. Where sources disagree, we use the company's own audited annual report as the authoritative source and document any discrepancy.
All methodology changes are versioned. The effective date, nature of change, and rationale are documented publicly. Current version: v1.0. No changes have been made without announcement.
| Data Type | Primary Source | Secondary Source | Update Frequency | Integration Status |
|---|---|---|---|---|
| Market Prices (LTP) | ShareBazaar API (live) | MeroLagani.com (fallback) | Real-time | Live |
| Daily % Change / Volume | MeroLagani.com (live scrape) | — | Real-time | Live |
| NEPSE / Sensitive Index | NEPSE.com.np | MeroLagani.com | End-of-day | Delayed Demo |
| Annual Financial Data (ROE, EPS, BVPS) | Company Annual Reports | NEPSE Disclosures | Annual (after AGM) | Manual Entry |
| Dividend History | Company AGM Resolutions | NEPSE Dividend Portal | Annual | Manual Entry |
| Governance Audit | Annual Reports / SEBON | NEPSE Disclosures | Annual | Manual Review |
| Trading Volume / MDTV | NEPSE Market Data | ShareSansar.com | Monthly average | Manual Aggregation |
| IPO / FPO Status | SEBON Approved Prospectus | CDSC Portal | As announced | Manual Entry |
Live price and live % change/volume are sourced from two different public feeds and blended together — ShareBazaar gives the faster, more current last-traded price; MeroLagani's full market table is currently the only source here for the day's change and trading volume. If either feed is temporarily unreachable, the page falls back to the most recent data it has rather than showing an error.
NEP50 currently operates as an independent research platform without direct licensed access to NEPSE's real-time data feed. All market prices shown are for demonstration purposes. For live trading data, users should consult NEPSE's official portal, ShareSansar.com, or MeroLagani.com. Financial metrics are sourced from audited annual reports and are updated following AGM disclosures.
NEP50 is Nepal's independent equity intelligence platform and research platform. We are not a fund, broker, or portfolio manager. We do not solicit investments or manage capital.
Our research, methodology, and rankings are published openly for investors, institutions, educators, journalists, and regulators.
For collaboration, data licensing, media inquiries, or institutional research partnerships, we welcome a conversation.
NEP50 does not provide investment advice. Nothing on this platform constitutes a solicitation to buy or sell securities. Consult a licensed financial professional before making investment decisions.
NEP50 has no financial relationship with the companies it ranks. Scores are driven purely by publicly available financial data — no sponsorships, no conflicts.
Every formula, threshold, and rebalancing rule is published and explained. No black boxes. Our scoring system can be independently verified.
NEP50's primary mission is to raise investment literacy in Nepal. We publish educational content in both English and Nepali, freely and permanently.
NEP50 is building toward becoming Nepal's most respected equity research institution — combining benchmark publishing, sector research, and dividend intelligence.