Arun Valley Hydropower Development Co. Ltd.

HydroPowerHigh Cap

NPR 257.80

NPR +1.1+0.43%

09:14 AM NPT · Nov 6, 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.

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Trading

Open

260.00

High

260.00

Low

256.00

Prev Close

256.70

Volume

30,994

Turnover

Rs 7,983,512.7

Txns

Valuation · Q4 FY25/26

EPS Ann.

3.41

EPS TTM

3.41

BVPS

109.71

P/E Ann.

75.60

P/E TTM

75.60

Graham #

91.75

Capital

Mkt Cap

11.18 Arab

Total

4.34 Crore

Public

4.34 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Neutral

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

49.91

ADX

59.37

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

258.69

SMA 50

252.38

Bands & Channels

BB Width %

8.14%

Volume & Flow

OBV

17,844,485

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

309,555

Shares Bought

Total Sell

309,555

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 44%

Distribution 56%

Accumulators

Quantity

92,894

Amount

24,204,907

Avg Rate

260.56

Rank

#35

Brokers

#42#50#16#36#17

Distributors

Quantity

118,938

Amount

30,869,881

Avg Rate

259.55

Rank

#27

Brokers

#85#87#58#35

Net Flow Impact:

-26,044units

(Rs. -6,664,974)

Net Flow by Timeframe

AHPC — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 389,160 ]

Buy Side

Total: 178,312

Broker

QTY

AVG

NET

29,987

262.14

+25,155

9.7%

24,683

260.04

+16,338

8.0%

17,012

260.19

+12,279

5.5%

13,150

260.35

+5,709

4.3%

12,400

258.44

+12,379

4.0%

11,020

258.94

+6,020

3.6%

10,703

259.06

+2,474

3.5%

9,715

260.18

+3,974

3.1%

8,974

259.42

+3,249

2.9%

8,812

260.37

+8,291

2.9%

7,534

258.58

+6,598

2.4%

7,460

260.09

+4,660

2.4%

5,911

260.70

+5,466

1.9%

5,511

259.35

+4,442

1.8%

5,440

260.27

+4,613

1.8%

Sell Side

Total: 210,848

Broker

QTY

AVG

NET

46,159

258.34

-19,865

14.9%

35,308

260.28

-35,208

11.4%

22,178

264.05

-13,681

7.2%

22,000

259.99

-21,500

7.1%

15,471

260.84

-14,018

5.0%

11,000

259.35

-8,143

3.5%

10,000

258.34

-9,840

3.2%

8,700

256.74

-1,920

2.8%

8,527

261.86

-8,327

2.8%

7,725

259.98

-700

2.5%

7,693

259.58

-3,573

2.5%

7,024

260.35

-7,024

2.3%

3,484

262.18

-1,781

1.1%

3,059

259.78

-985

1.0%

2,520

260.39

-898

0.8%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Sources of Fund
Equity
Paid up Capital	4,040,403	3,848,003	3,735,925	0	+5.00%
Reserves and Surplus	0.00	0.00	0.00	0	-
Other Equity	392,136	471,238	147,557	0	-16.79%
Total Equity	4,432,539	4,319,241	3,883,482	0	+2.62%
Non Current Liabilities
Financial Liabilities	244,893	244,016	406,564	0	+0.36%
Other Non Current Liabilities	0.00	0.00	0.00	0	-
Total Non Current Liabilities	244,893	244,016	406,564	0	+0.36%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	2,526,122	2,629,219	2,700,152	0	-3.92%
Capital Work In Progress	108,286	105,247	114,960	0	+2.89%
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	2,634,407	2,734,466	2,815,113	0	-3.66%
Current Assets
Receivables	33,075	54,396	39,220	0	-39.20%
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	578,139	542,793	55,561	0	+6.51%
Financial Assets	1,419,623	1,254,527	1,229,930	0	+13.16%
Other Current Assets	55,745	167,488	248,018	0	-66.72%
Total Current Assets (A)	2,086,582	2,019,204	1,572,729	0	+3.34%
Current Liabilities
Financial Liabilities	244,893	244,016	406,564	0	+0.36%
Payables	0.00	0.00	0.00	0	-
Other Current Liabilities	28,281	119,836	87,957	0	-76.40%
Total Current Liabilities (B)	43,557	190,412	97,796	0	-77.12%
Net Current Assets (A-B)	2,043,025	1,828,792	1,474,934	0	+11.71%

Sector Peers — HydroPower (30)

Peer Comparison

HydroPower SECTOR — NEPAL

2025/2026 Q4

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	380	+3.99	+1.06%	0	0.06	68.43	0.28	4.81	-17.41	-17.41	-	-	-72.65	6.05	-23.78	-22.69	17.28	0.28	-4.43	-4.43%	0.3	-22.42	-22.42%	-
AKJCL	343.9	-2.11	-0.61%	0.01	0.09	93.69	3.15	0.37	3.18	3.18	81.88	45.61	28.35	3.6	105.97	112.89	30.06	3.12	2.45	2.45%	7.6	3.45	3.45%	100
AKPL	256.2	-2.69	-1.04%	0.01	0.06	101.77	0.7	0.85	1.02	1.02	48.33	79.07	12.99	2.45	244.12	253.82	31.64	0.7	0.75	0.75%	3.93	1.34	1.34%	109.6
APHL	564.9	+6.92	+1.24%	0	0.04	102.41	0.51	2.26	-4.12	-	-	-	-28.49	8	-198.79	-	56.64	0.48	-1.23	-	-0.11	-4.02	-	-
API	333.7	+0.7	+0.21%	0.02	0.12	119.51	0.41	1.05	15.06	15.06	201.24	38.4	54.37	2.68	21.29	22.31	11.58	0.41	6.48	6.48%	11.25	13.36	13.36%	85.19
APPOLO	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BARUN	322.2	-1.81	-0.56%	0	0.09	108.19	6.74	0.23	2.08	2.08	71.16	40.72	21.39	2.96	153.8	161.06	32.88	6.74	1.91	1.91%	5.63	2.54	2.54%	85.88
BEDC	295	-2.5	-0.84%	0	0.07	46.28	4.95	2.24	-1.7	-1.7	-	218.78	-14.77	6.66	-181.18	-182.94	26.83	4.95	-1.1	-1.1%	6.83	-3.59	-3.59%	-
BENI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BGWT	503	-4.01	-0.79%	0	0.16	113.3	6.45	0.28	9.01	9.01	151.55	10.83	39.64	4.82	60.6	53.39	24.03	6.45	6.53	6.53%	11.28	8.22	8.22%	88.19
BHCL	546	0	0%	0.01	0.15	112.53	2.14	0.16	10.81	10.81	165.44	15.96	51.47	4	41.63	50.32	21.43	2.14	7.51	7.51%	13.6	10.08	10.08%	96.98
BHDC	431.8	+1.81	+0.42%	0.01	0.15	118.32	2.69	1.28	11.79	11.79	177.16	49.43	30.69	3.58	35.88	36.94	11.01	2.69	4.6	4.6%	12.4	10.59	10.59%	97.41
BHL	225	-0.5	-0.22%	0.01	0.13	81.22	1.8	1.96	7.72	7.72	118.78	62.35	24.48	2.51	26.42	28.15	6.47	1.72	3.23	3.23%	12.25	9.91	9.91%	83.13
BHPL	429	+8.21	+1.95%	0	0.08	50.03	1.14	1.86	-0.3	-0.3	-	133.02	-2.63	9.16	-1,527.67	-1,566.67	40.59	1.04	-0.2	-0.2%	8.83	-0.57	-0.57%	-
BJHL	545	-8.97	-1.62%	0.01	0.09	88.95	2.57	1.05	-2.6	-	-	233.82	-15.28	7.66	-261.92	-	40.04	2.57	-1.42	-	6.85	-2.92	-	-
BNHC	274	+2.01	+0.74%	0	0.13	100.59	7.62	0.97	1.49	1.49	58.07	111.02	6.46	2.76	186.58	188.86	12.02	7.62	0.8	0.8%	9.68	2.14	2.14%	97.01
BPCL	694	-12	-1.7%	0.02	0.1	210.87	7.05	0.09	9.84	9.84	216.07	3.19	41.84	3.17	67.89	70.93	28.41	6.52	4.18	4.18%	5.36	4.69	4.69%	80.94
BUNGAL	458.1	-2.9	-0.63%	0	0.09	81.42	0.21	3.4	-3.84	-	-	-	-11.28	7.18	-152.34	-	17.19	0.21	-1.07	-	4.34	-4.71	-	-
CHCL	338	+0.2	+0.06%	0.03	0.1	123.9	25.95	0.04	7.59	7.59	145.46	-	61.66	3.83	62.6	48.71	38.59	24.62	5.98	5.98%	7.15	6.2	6.2%	78.75
CHL	257	-2.91	-1.12%	0	0.13	84.29	2.08	1.03	1.72	1.72	57.11	92.02	7.56	3.04	148.84	155.81	11.25	2.03	1	1%	9.26	3.12	3.12%	101.74
CKHL	438	+13.5	+3.18%	0	0.11	100.19	0.83	1.96	13.25	13.25	172.83	77.7	40.33	6.37	48.15	44.98	19.42	0.83	4.44	4.44%	9.73	13.85	13.85%	100
DHEL	508	+2.02	+0.4%	0.01	0.04	118.14	0.45	1.37	-9.88	-	-	-	-89.33	4.57	-54.67	-	48.83	0.45	-3.52	-	2.24	-8.36	-	-
DHPL	269	-4.01	-1.47%	0	0.14	8.38	0.23	33.09	5.51	5.51	32.23	84.53	13.93	32.82	49.91	50.73	6.95	0.23	1.89	1.89%	14.84	93.63	93.63%	100
DOLTI	308.9	-1.08	-0.35%	0	0.1	59.87	1.11	2.2	0.87	0.87	34.23	125.13	4.65	5.31	365.4	355.17	17.08	1.11	0.45	0.45%	9.33	1.48	1.48%	100
DORDI	273.8	+1.8	+0.66%	0.01	0.07	106.3	1.83	0.91	1.42	1.42	58.28	57.15	10.91	2.32	173.94	185.14	18.97	1.81	0.76	0.76%	5.94	1.35	1.35%	106.79
EHPL	325	0	0%	0	0.13	76.3	2.47	1.28	3.39	3.39	76.29	69.82	14.32	4.3	96.84	98.82	13.86	2.47	1.93	1.93%	11.58	4.54	4.54%	98
GHL	323	-1	-0.31%	0.01	0.06	95.05	4.74	0.45	-1.33	-1.33	-	154.32	-15.98	2.26	-161.65	-182.93	25.9	4.74	-0.94	-0.94%	3.92	-1.38	-1.38%	-
GLH	263	+1.7	+0.65%	0	0.1	112.05	0.03	4.81	2.33	2.33	76.64	0.32	3.68	2.17	104.29	117.38	3.84	0.03	0.37	0.37%	0.39	2.09	2.09%	100
GVL	559	+3	+0.54%	0.02	0.14	124.33	1.4	1.52	12.94	12.94	190.26	82.6	29.87	3.86	37.09	38.25	11.09	1.24	4.07	4.07%	8.29	10.94	10.94%	97.08
HDHPC	214	-0.79	-0.37%	0.01	0.03	71.97	0.21	0.22	-3.4	-3.4	-	-	-136.81	2.82	-59.71	-64.85	81.53	0.21	-3.95	-3.95%	1.09	-4.59	-4.59%	-

AVG	381.38	-0.05	-0.02%	0.01	0.099	95.65	3.2	2.56	2.73	4.04	112.26	81.17	3.98	5.39	-21.09	2.232	25.193	3.12	1.48	2.03%	7.28	5.39	7.12%	95.09
MED	335.85	-0.25	-0.11%	0	0.1	100.39	1.82	1.17	1.9	2.76	81.88	73.76	11.95	3.845	44.89	50.525	20.425	1.77	0.9	1.9%	7.38	2.34	3.29%	97.41
MAX	694	13.5	3.18%	0.03	0.16	210.87	25.95	33.09	15.06	15.06	216.07	233.82	61.66	32.82	365.4	355.17	81.53	24.62	7.51	7.51%	14.84	93.63	93.63%	109.6
MIN	214	-12	-1.7%	0	0.03	8.38	0.03	0.04	-17.41	-17.41	32.23	0.32	-136.81	2.17	-1,527.67	-1,566.67	3.84	0.03	-4.43	-4.43%	-0.11	-22.42	-22.42%	78.75