Arun Valley Hydropower Development Co. Ltd.

HydroPowerHigh Cap

NPR 262.20

NPR -2.1-0.79%

09:14 AM NPT · Jun 29, 2026

Est. 1998-03-12 · 2nd Floor Trade Tower, Nepal, Thapathali, Kathmandu, Nepal · CEO: Jeevan Raj Shakya

Arun Valley Hydropower Development Company Ltd. (AHPC) is a Nepal-based hydropower firm that develops, owns, and operates run-of-the-river hydro-electric projects.Its flagship project is the 3 MW Piluwa Khola Hydropower Project in Sankhuwasabha District its first operational plant since 2003. Over time, AHPC expanded: its portfolio now includes multiple projects (either operational or under development), giving it substantial presence in Nepal’s hydropower sector. As of recent years, AHPC and its group companies reportedly control around 79.74 MW of projects (operational + under construction) combining projects developed by AHPC itself and through associate companies. Despite the inherent risks associated with river-flow variability (hydrology risk), project stabilization, and exposure to group-company obligations, AHPC benefits from experienced promoters/management, power purchase agreements (PPAs) with the national utility, and diversified project pipeline. Recently (2024), AHPC successfully resumed operations of its 9.94 MW Kabeli B-1 Cascade Hydroelectric Project (KBHEP) after earlier flood-related shutdown improving its financial stability. In its latest corporate action, AHPC proposed an 8.421% dividend (8% bonus share + 0.421% cash) for fiscal year 2081/82 a sign of continued commitment to shareholders.

arunhydro.com.np/facebook

Trading

Open

265.00

High

265.00

Low

260.10

Prev Close

264.30

Volume

41,458

Turnover

Rs 10,871,381.9

Txns

Valuation · Q3 FY25/26

EPS Ann.

4.41

EPS TTM

5.94

BVPS

110.71

P/E Ann.

59.46

P/E TTM

44.14

Graham #

104.81

Capital

Mkt Cap

10.09 Arab

Total

3.85 Crore

Public

3.85 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Weak

Momentum

RSI (14)

18.38

ADX

16.13

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

272.92

SMA 50

277.55

Bands & Channels

BB Width %

7.35%

Volume & Flow

OBV

17,257,074

Flow Analysis

[ Live 2026-06-29 ]

Total Buy

399,007

Shares Bought

Total Sell

399,007

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 43%

Distribution 57%

Accumulators

Quantity

98,613

Amount

26,292,459

Avg Rate

266.62

Rank

#22

Brokers

#4#49#34#42#6

Distributors

Quantity

129,734

Amount

34,611,162

Avg Rate

266.79

Rank

#20

Brokers

#44#54#17

Net Flow Impact:

-31,121units

(Rs. -8,318,703)

Net Flow by Timeframe

AHPC — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 478,788 ]

Buy Side

Total: 231,618

Broker

QTY

AVG

NET

30,186

265.27

+19,680

7.6%

29,716

264.91

+8,819

7.5%

25,199

270.08

+23,750

6.3%

19,652

263.77

+8,887

4.9%

18,568

265.72

+5,136

4.7%

18,460

264.52

+9,682

4.6%

14,240

265.14

+9,220

3.6%

14,042

263.93

+9,011

3.5%

11,440

278.07

+2,283

2.9%

10,528

267.92

+9,175

2.6%

8,748

266.10

+5,918

2.2%

8,427

265.51

+7,641

2.1%

8,340

268.51

+4,267

2.1%

7,392

266.81

+3,203

1.9%

6,680

265.92

+926

1.7%

Sell Side

Total: 247,170

Broker

QTY

AVG

NET

60,985

266.56

-41,641

15.3%

39,386

264.08

-17,089

9.9%

35,777

267.28

-29,290

9.0%

32,972

266.67

-30,312

8.3%

12,600

264.25

-5,493

3.2%

10,125

267.14

-1,596

2.5%

9,245

264.32

-4,698

2.3%

8,004

265.04

-2,743

2.0%

7,907

268.18

-5,911

2.0%

7,615

268.65

-7,115

1.9%

6,278

263.40

-6,278

1.6%

5,000

269.46

-4,900

1.3%

4,674

268.41

-3,659

1.2%

3,820

265.34

-2,574

1.0%

2,782

264.50

-919

0.7%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Sources of Fund
Equity
Paid up Capital	4,040,403	3,848,003	1,867,963	0	+5.00%
Reserves and Surplus	0.00	0.00	0.00	0	-
Other Equity	432,889	367,881	65,202	0	+17.67%
Total Equity	4,473,292	4,215,884	1,933,165	0	+6.11%
Non Current Liabilities
Financial Liabilities	248,503	276,469	1,252,545	0	-10.12%
Other Non Current Liabilities	0.00	0.00	0.00	0	-
Total Non Current Liabilities	248,503	276,469	1,252,545	0	-10.12%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	2,540,143	2,567,166	2,509,914	0	-1.05%
Capital Work In Progress	107,956	104,482	114,960	0	+3.32%
Intangible Assets	0.00	0.00	0.00	0	-
Financial Assets (Investments)	0.00	0.00	0.00	0	-
Other Non Current Assets	0.00	0.00	0.00	0	-
Total Non Current Assets	2,648,099	2,671,648	2,624,874	0	-0.88%
Current Assets
Receivables	39,238	34,315	23,816	0	+14.35%
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	581,391	326,898	120,254	0	+77.85%
Financial Assets	1,355,884	1,407,436	771,560	0	-3.66%
Other Current Assets	149,300	141,040	167,619	0	+5.86%
Total Current Assets (A)	2,125,813	1,909,689	1,083,250	0	+11.32%
Current Liabilities
Financial Liabilities	248,503	276,469	1,252,545	0	-10.12%
Payables	0.00	0.00	0.00	0	-
Other Current Liabilities	37,253	77,158	46,015	0	-51.72%
Total Current Liabilities (B)	52,117	88,984	522,414	0	-41.43%
Net Current Assets (A-B)	2,073,697	1,820,705	560,836	0	+13.90%

Sector Peers — HydroPower (30)

Peer Comparison

HydroPower SECTOR — NEPAL

2025/2026 Q3

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	Book Value Per Share	Current Ratio	Debt to Equity	EPS (Annualized)	EPS (TTM)	Graham's Number	Interest Coverage	Net Profit Margin	P/B	P/E (Annualized)	P/E (TTM)	P/S	Quick Ratio	ROA (Annualized)	ROA (TTM)%	ROCE	ROE (Annualized)	ROE (TTM)%	Tax Burden
AHL	448	-20.62	-4.4%	0	0.05	71.36	0.24	4.27	-19.31	-13.75	-	-	-94.75	10.28	-28.49	-36.11	48.01	0.24	-5.08	-3.62%	2.52	-24.52	-17.46%	-
AKJCL	357.9	-4.71	-1.3%	0.01	0.09	92.42	2.95	0.38	2.56	2.28	68.86	47.65	22.22	5.79	156.88	181.14	62.12	2.95	1.96	1.75%	7.44	2.8	2.5%	100
AKPL	254.1	-2.7	-1.05%	0.01	0.1	103.42	0.87	0.85	4.92	7.23	129.71	55.12	28.85	3.58	56.5	36.93	28.98	0.87	2.8	4.12%	9.41	4.92	7.24%	97.9
APHL	855	-20.04	-2.29%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
API	332.5	-4.41	-1.31%	0.02	0.12	115.32	0.26	1.19	13.76	11.48	172.59	29.36	50.48	4.03	25.31	30.31	22.7	0.26	5.89	4.91%	13.73	12.51	10.44%	85.97
APPOLO	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BARUN	319	-6.01	-1.85%	0	0.08	107.72	12.05	0.23	2.01	2.96	84.7	45.66	22.49	4.58	184.03	114.86	73.5	12.05	1.85	2.73%	5.24	2.48	3.66%	100
BEDC	331.4	-11.1	-3.24%	0	0.08	47.88	3.66	2.22	-0.12	-2.01	-	119.74	-1.02	12.92	-3,866.67	-179.6	68.06	3.66	-0.07	-1.29%	7.13	-0.25	-4.1%	-
BENI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BGWT	604	+5.09	+0.85%	0	0.19	112.67	13.69	0.29	11.16	11.9	173.69	9.23	43.93	8.91	67.47	55.13	52.7	13.69	8.15	8.69%	12.92	10.39	11.08%	88.19
BHCL	545	-13.69	-2.45%	0.01	0.15	109.64	5.1	0.29	10.43	11.11	165.55	17.6	51.48	6.77	53.4	53.47	48.86	5.1	7.92	8.44%	12.45	13	13.85%	97.02
BHDC	440	-4	-0.9%	0.01	0.16	117.43	2.91	1.09	13.22	9.42	157.76	46.51	33.32	5.55	36.97	49.15	21.89	2.91	5.39	3.84%	13.43	11.89	8.46%	99.99
BHL	207.5	-2.69	-1.28%	0.01	0.14	79.95	2.55	1.97	8.59	4.6	90.97	65.21	26.82	3.85	26.9	-	12.82	2.53	3.64	1.95%	13.17	10.99	5.88%	85.68
BHPL	505	-0.51	-0.1%	0	0.08	50.03	1.43	1.97	-0.59	-3.5	-	182.17	-4.61	14.92	-948.98	-156.74	78.42	1.25	-0.39	-2.31%	7.73	-1.11	-6.64%	-
BJHL	818	-7.01	-0.85%	0.01	0.09	88.82	48.25	1.06	-3.26	-	-	297.83	-19.68	18.61	-380.37	-	133.23	48.25	-1.77	-	6.48	-3.67	-	-
BNHC	313	-2.11	-0.67%	0	0.15	84.3	0.6	2.94	7.78	0.05	9.74	101.79	15.94	5.58	45.37	6,676	12.86	0.6	2.31	0.01%	13.59	9.29	0.05%	100
BPCL	642	-12.9	-1.97%	0.02	0.11	210.33	6.81	0.09	11.71	9.24	209.11	3.43	48.06	4.53	61.05	73.58	52.17	6.45	5.05	3.99%	6.51	5.6	4.42%	81.76
BUNGAL	671.5	+9.53	+1.44%	0.01	0.11	84.68	0.2	3.26	-0.79	-	-	-	-2.06	9.68	-778.48	-	28.76	0.2	-0.21	-	5.6	-0.92	-	-
CHCL	476	-1	-0.21%	0.05	0.09	121	22.01	0.04	6.42	6.63	134.35	-	55.48	5.46	77.17	74.72	76.1	21.29	5.13	5.3%	6.71	5.35	5.52%	72.57
CHL	260.9	-4.11	-1.55%	0	0.14	85.09	2.22	1.03	3.25	1.21	48.13	85.57	13.54	4.69	92	240.5	22.12	2.17	1.89	0.7%	10.45	5.8	2.16%	100.94
CKHL	600	-20.03	-3.23%	0	0.11	90.17	0.42	2.23	4.3	0.65	36.31	75.54	12.75	10.56	166.05	1,023.08	37.64	0.42	1.44	0.21%	10.27	4.63	0.69%	100
DHEL	582	-12.97	-2.18%	0.01	0.04	128.02	0.7	1.31	-4.33	-	-	284.93	-38.81	6.74	-149.42	-	103.07	0.7	-1.47	-	3.75	-3.37	-	-
DHPL	281.5	-3.51	-1.23%	0	0.13	5.06	0.15	55.11	2.92	1.06	10.99	100.65	7.86	82.71	107.5	284.91	15.02	0.15	1	0.36%	13.76	60.96	22.15%	100
DOLTI	336	-10	-2.89%	0	0.1	58.54	0.94	2.25	0.83	-2.27	-	118.77	4.27	10.91	577.11	-154.19	43.89	0.94	0.43	-1.18%	9.4	1.39	-3.79%	100
DORDI	246	-2.01	-0.81%	0.01	0.08	105.5	5.6	0.68	0.83	-0.88	-	71.37	6.37	3.72	354.22	-311.14	40.16	5.44	0.51	-0.53%	6.24	1.12	-1.19%	101.05
EHPL	378	-3.7	-0.97%	0	0.14	77.73	2.59	1.27	6.42	4.37	87.42	54.08	25.2	7.24	65.73	88.76	29.44	2.59	3.61	2.45%	13.16	8.48	5.77%	97.99
GHL	222	0	0%	0	0.06	95.07	20.91	0.44	-2.15	-2.14	-	256.14	-28.16	3.62	-120	-109.81	60.03	20.91	-1.55	-1.54%	3.37	-2.24	-2.23%	-
GLH	251	-1.59	-0.63%	0	0.09	111.36	0.02	4.66	2.18	2.61	80.87	0.39	4.09	3.36	128.9	101.53	9.38	0.02	0.36	0.43%	0.36	1.97	2.37%	100
GVL	470	-7.59	-1.59%	0.02	0.16	125.77	1.95	1.5	19.18	14.85	204.99	58.62	38.15	5.3	26.07	33	17.69	1.64	5.97	4.63%	10.15	16.12	12.49%	100
HDHPC	204	-3.8	-1.83%	0.01	0.04	74.09	1.64	0.12	-4.36	-3.05	-	-	-131.6	4.49	-57.18	-71.77	133.49	1.64	-5.25	-3.67%	-0.99	-5.81	-4.07%	-

AVG	426.83	-6.01	-1.37%	0.01	0.107	94.57	5.95	3.43	3.61	3.09	109.75	92.49	7.06	9.94	-148.92	352.074	49.374	5.89	1.83	1.68%	8.3	5.47	3.3%	95.21
MED	367.95	-4.05	-1.29%	0	0.1	92.42	2.22	1.19	2.92	2.45	90.97	65.21	13.54	5.58	53.4	53.47	43.89	2.17	1.85	1.23%	7.73	4.63	3.08%	100
MAX	855	9.53	1.44%	0.05	0.19	210.33	48.25	55.11	19.18	14.85	209.11	297.83	55.48	82.71	577.11	6,676	133.49	48.25	8.15	8.69%	13.76	60.96	22.15%	101.05
MIN	204	-20.62	-4.4%	0	0.04	5.06	0.02	0.04	-19.31	-13.75	9.74	0.39	-131.6	3.36	-3,866.67	-311.14	9.38	0.02	-5.25	-3.67%	-0.99	-24.52	-17.46%	72.57