Bhugol Energy Development Company Limited

HydroPowerLow Cap

NPR 319.10

NPR -3.9-1.21%

09:13 AM NPT · Aug 10, 2026

Est. February 16, 2009 · Kathmandu, Nepal · CEO: Hari Prasad Pandey

Bhugol Energy Development Company Limited (BEDC) is a Nepal-based hydropower developer committed to producing clean, renewable, and sustainable energy through run-of-the-river hydropower projects. Established on February 16, 2009 as a private company and later upgraded to a public limited company on October 31, 2017, BEDC aims to support Nepal’s growing electricity demand while contributing to national energy independence and rural development. The company operates from its head office located at Thapagaun/Buddhanagar, Kathmandu, overseeing project development, engineering, operation, and environmental management. BEDC’s flagship project, the 3.75 MW Dwari Khola Small Hydropower Project in Dailekh, began commercial production in 2017 and has since become a stable source of hydroelectric supply to the national grid. The company continues to explore and expand its hydropower portfolio by investing in new survey licenses and run-of-river project opportunities across Nepal’s hilly regions. BEDC’s operational model emphasizes local employment generation, regional infrastructure improvement, and environmentally responsible development practices. As a publicly listed company on NEPSE under the symbol BEDC, it adheres to corporate governance, financial transparency, and public reporting standards. Although BEDC has faced challenges such as credit-rating downgrades and operational risks typical of Nepal’s hydropower sector—like seasonal water-flow fluctuations and financing constraints it continues to position itself as a reliable clean-energy developer in the country.BEDC remains focused on long-term energy generation, shareholder value creation, and supporting Nepal’s national ambition of becoming an electricity exporter through hydropower expansion.

Trading

Open

320.00

High

323.00

Low

318.10

Prev Close

323.00

Volume

13,199

Turnover

Rs 4,216,552.2

Txns

0

Valuation · Q3 FY25/26

EPS Ann.

-0.12

EPS TTM

-2.01

BVPS

47.88

P/E Ann.

-2,659.17

P/E TTM

-158.76

Graham #

N/A

Capital

Mkt Cap

1.74 Arab

Total

54.41 Lakh

Public

10.88 Lakh

Promoter

43.52 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Weak

Momentum

RSI (14)

30.36

ADX

15.49

Overall Score

20
Below Line

Technical Score

Moving Averages

SMA 20

323.34

SMA 50

338.14

Bands & Channels

BB Width %

9.53%

Volume & Flow

OBV

1,368,735

Flow Analysis

[ Live 2026-08-10 ]

Total Buy

63,248

Shares Bought

Total Sell

63,248

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

64

Participating

ACCUM/DIST

Accumulation 50%

Distribution 50%

Accumulators

4

Quantity

19,695

Amount

6,335,689

Avg Rate

321.69

Rank

#74

Brokers

#42#48#52#57

Distributors

3

Quantity

19,788

Amount

6,361,639

Avg Rate

321.49

Rank

#73

Brokers

#35#34#6

Net Flow Impact:

-93units
(Rs. -25,950)

Net Flow by Timeframe

BEDC — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 83,677 ]

Buy Side

Total: 33,553

Broker

QTY

AVG

NET

%

42

6,455

322.52

+5,738

10.2%

48

5,051

322.27

+4,271

8.0%

57

4,200

322.14

+2,165

6.6%

52

3,989

319.13

+3,879

6.3%

62

1,750

321.74

+1,062

2.8%

32

1,650

319.36

+275

2.6%

36

1,595

320.31

+1,243

2.5%

14

1,511

321.33

+818

2.4%

65

1,200

323.00

+1,200

1.9%

59

1,165

321.72

+1,145

1.8%

49

1,067

320.26

+867

1.7%

91

1,050

321.29

+850

1.7%

38

1,038

321.16

+428

1.6%

7

1,000

320.45

+960

1.6%

41

832

319.59

+608

1.3%

Sell Side

Total: 50,124

Broker

QTY

AVG

NET

%

35

8,461

322.88

-6,264

13.4%

6

6,027

319.48

-3,577

9.5%

1

5,850

320.28

-2,350

9.3%

47

5,417

321.14

-2,993

8.6%

34

5,300

321.56

-4,276

8.4%

58

5,094

320.98

-891

8.1%

25

3,287

320.19

-3,037

5.2%

39

2,350

321.36

-290

3.7%

45

1,829

322.15

-209

2.9%

44

1,531

322.46

-1,531

2.4%

16

1,210

321.66

-260

1.9%

17

1,028

318.73

-392

1.6%

53

1,000

323.45

-1,000

1.6%

28

985

321.01

-985

1.6%

88

755

320.14

-755

1.2%

Financial Fundamentals

Financial MetricFY25/26 Q3FY24/25 Q3FY23/24 Q3FY22/23 Q3Growth %
Sources of Fund
Equity
Paid up Capital544,053544,053544,05300.00%
Reserves and Surplus-283,542-271,622-232,9100-4.39%
Other Equity0.000.000.000-
Total Equity260,511272,432311,1430-4.38%
Non Current Liabilities
Financial Liabilities511,500525,500532,5000-2.66%
Other Non Current Liabilities0.000.000.000-
Total Non Current Liabilities511,500525,500532,5000-2.66%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)905.001170.001448.700-22.65%
Capital Work In Progress0.000.000.000-
Intangible Assets591,379616,876640,7110-4.13%
Financial Assets (Investments)0.000.000.000-
Other Non Current Assets0.000.000.000-
Total Non Current Assets592,284618,046642,1600-4.17%
Current Assets
Receivables6,3001,6855,7770+273.86%
Inventories0.000.000.000-
Cash and Cash Equivalent38.7427.93557.950+38.70%
Financial Assets0.000.000.000-
Other Current Assets240,916236,441245,6410+1.89%
Total Current Assets (A)247,254238,154251,9760+3.82%
Current Liabilities
Financial Liabilities511,500525,500532,5000-2.66%
Payables33,49437,25939,6220-10.10%
Other Current Liabilities3,5333,3103,3100+6.76%
Total Current Liabilities (B)67,52758,26950,4920+15.89%
Net Current Assets (A-B)179,727179,886201,4830-0.09%

Sector Peers — HydroPower (30)

Peer Comparison

HydroPower SECTOR — NEPAL

2025/2026 Q3

NPR/Millions

Statement

Highlight

TICKERMarket
Key Ratios
PriceChgChg%Mkt Cap (M)Asset TurnoverBook Value Per ShareCurrent RatioDebt to EquityEPS (Annualized)EPS (TTM)Interest CoverageNet Profit MarginP/BP/E (Annualized)P/E (TTM)P/SQuick RatioROA (Annualized)ROA (TTM)%ROCEROE (Annualized)ROE (TTM)%

AHL

410-4.02-0.97%00.0571.360.244.27-19.31-13.75--94.7510.28-28.49-36.1148.010.24-5.08-3.62%2.52-24.52-17.46%

AHPC

265-0.9-0.34%0.010.07110.7140.790.074.415.947.5358.343.565.8346.6368.2740.793.85.12%6.714.095.52%

AKJCL

366.9+4.82+1.33%0.010.0992.422.950.382.562.2847.6522.225.79156.88181.1462.122.951.961.75%7.442.82.5%

AKPL

254.7-1.9-0.74%0.010.1103.420.870.854.927.2355.1228.853.5856.536.9328.980.872.84.12%9.414.927.24%

APHL

82800%0------------------

API

328.5-1.48-0.45%0.020.12115.320.261.1913.7611.4829.3650.484.0325.3130.3122.70.265.894.91%13.7312.5110.44%

APPOLO

----------------------

BARUN

318.7-2.51-0.78%00.08107.7212.050.232.012.9645.6622.494.58184.03114.8673.512.051.852.73%5.242.483.66%

BENI

----------------------

BGWT

548-8.01-1.44%00.19112.6713.690.2911.1611.99.2343.938.9167.4755.1352.713.698.158.69%12.9210.3911.08%

BHCL

490+0.98+0.2%0.010.15109.645.10.2910.4311.1117.651.486.7753.453.4748.865.17.928.44%12.451313.85%

BHDC

42600%0.010.16117.432.911.0913.229.4246.5133.325.5536.9749.1521.892.915.393.84%13.4311.898.46%

BHL

206.9-2.01-0.96%0.010.1479.952.551.978.594.665.2126.823.8526.9-12.822.533.641.95%13.1710.995.88%

BHPL

482.5-14.51-2.92%00.0850.031.431.97-0.59-3.5182.17-4.6114.92-948.98-156.7478.421.25-0.39-2.31%7.73-1.11-6.64%

BJHL

670-24.01-3.46%0.010.0988.8248.251.06-3.26-297.83-19.6818.61-380.37-133.2348.25-1.77-6.48-3.67-

BNHC

282-4.21-1.47%00.1584.30.62.947.780.05101.7915.945.5845.376,67612.860.62.310.01%13.599.290.05%

BPCL

649.8-0.19-0.03%0.020.11210.336.810.0911.719.243.4348.064.5361.0573.5852.176.455.053.99%6.515.64.42%

BUNGAL

584-0.82-0.14%0.010.1184.680.23.26-0.79---2.069.68-778.48-28.760.2-0.21-5.6-0.92-

CHCL

484-1.99-0.41%0.050.0912122.010.046.426.63-55.485.4677.1774.7276.121.295.135.3%6.715.355.52%

CHL

267.9-0.11-0.04%00.1485.092.221.033.251.2185.5713.544.6992240.522.122.171.890.7%10.455.82.16%

CKHL

581-2.98-0.51%00.1190.170.422.234.30.6575.5412.7510.56166.051,023.0837.640.421.440.21%10.274.630.69%

DHEL

620+35.09+6%0.010.04128.020.71.31-4.33-284.93-38.816.74-149.42-103.070.7-1.47-3.75-3.37-

DHPL

288-2-0.69%00.135.060.1555.112.921.06100.657.8682.71107.5284.9115.020.1510.36%13.7660.9622.15%

DOLTI

32000%00.158.540.942.250.83-2.27118.774.2710.91577.11-154.1943.890.940.43-1.18%9.41.39-3.79%

DORDI

249.9+2.89+1.17%0.010.08105.55.60.680.83-0.8871.376.373.72354.22-311.1440.165.440.51-0.53%6.241.12-1.19%

EHPL

339-4.99-1.45%00.1477.732.591.276.424.3754.0825.27.2465.7388.7629.442.593.612.45%13.168.485.77%

GHL

229.8+1.8+0.79%00.0695.0720.910.44-2.15-2.14256.14-28.163.62-120-109.8160.0320.91-1.55-1.54%3.37-2.24-2.23%

GLH

257.6+0.69+0.27%00.09111.360.024.662.182.610.394.093.36128.9101.539.380.020.360.43%0.361.972.37%

GVL

480-1.98-0.41%0.020.16125.771.951.519.1814.8558.6238.155.326.073317.691.645.974.63%10.1516.1212.49%

HDHPC

206.6-1.39-0.67%0.010.0474.091.640.12-4.36-3.05--131.64.49-57.18-71.77133.491.64-5.25-3.67%-0.99-5.81-4.07%
AVG408.39-1.2-0.29%0.010.10696.97.333.363.783.4287.629.269.591-3.28361.9149.3827.261.981.95%8.285.633.7%
MED352.95-1.44-0.41%0.010.195.072.221.093.252.7958.6215.945.5556.553.4743.892.171.891.85%7.734.634.04%
MAX82835.096%0.050.19210.3348.2555.1119.1814.85297.8358.3482.71577.116,676133.4948.258.158.69%13.7660.9622.15%
MIN206.6-24.01-3.46%00.045.060.020.04-19.31-13.750.39-131.63.36-948.98-311.149.380.02-5.25-3.67%-0.99-24.52-17.46%

30

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum