Bhugol Energy Development Company Limited

HydroPowerLow Cap

NPR 342.50

NPR -4.4-1.27%

09:14 AM NPT · Jun 26, 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

354.00

High

354.00

Low

340.00

Prev Close

346.90

Volume

21,011

Turnover

Rs 7,250,799.3

Txns

0

Valuation · Q3 FY25/26

EPS Ann.

-0.12

EPS TTM

-2.01

BVPS

47.88

P/E Ann.

-2,854.17

P/E TTM

-170.40

Graham #

N/A

Capital

Mkt Cap

1.86 Arab

Total

54.41 Lakh

Public

10.88 Lakh

Promoter

43.52 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Moderate

Momentum

RSI (14)

37.71

ADX

23.12

Overall Score

25
Below Line

Technical Score

Moving Averages

SMA 20

360.62

SMA 50

369.62

Bands & Channels

BB Width %

10.27%

Volume & Flow

OBV

1,503,749

Flow Analysis

[ Live 2026-06-26 ]

Total Buy

129,487

Shares Bought

Total Sell

129,487

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

79

Participating

ACCUM/DIST

Accumulation 45%

Distribution 55%

Accumulators

4

Quantity

17,920

Amount

6,289,272

Avg Rate

350.96

Rank

#71

Brokers

#51#16#47#32

Distributors

4

Quantity

21,952

Amount

7,686,752

Avg Rate

350.16

Rank

#64

Brokers

#44#63#21#95

Net Flow Impact:

-4,032units
(Rs. -1,397,480)

Net Flow by Timeframe

BEDC — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 127,553 ]

Buy Side

Total: 61,022

Broker

QTY

AVG

NET

%

42

11,370

354.92

+1,140

8.8%

45

6,575

350.45

+2,697

5.1%

16

5,096

350.29

+3,586

3.9%

51

5,020

350.99

+4,020

3.9%

47

4,420

351.32

+3,099

3.4%

41

3,469

348.89

+2,439

2.7%

32

3,384

351.48

+2,784

2.6%

22

3,259

345.31

+188

2.5%

6

3,125

348.31

+1,060

2.4%

38

3,024

349.89

+445

2.3%

14

2,819

355.00

+544

2.2%

29

2,550

348.64

+1,325

2.0%

64

2,384

359.19

+2,114

1.8%

36

2,265

351.02

+2,080

1.8%

49

2,262

348.57

+884

1.8%

Sell Side

Total: 66,531

Broker

QTY

AVG

NET

%

58

9,306

348.28

-383

7.2%

44

8,537

346.34

-7,370

6.6%

48

6,580

357.11

-2,633

5.1%

63

5,685

350.03

-4,655

4.4%

35

5,085

355.88

-1,502

3.9%

74

4,722

350.22

-527

3.6%

21

4,720

354.37

-3,498

3.6%

34

4,028

346.71

-1,373

3.1%

83

3,132

353.09

-927

2.4%

95

3,010

354.66

-3,010

2.3%

4

2,715

353.40

-1,501

2.1%

26

2,521

352.15

-866

1.9%

1

2,490

355.63

-530

1.9%

100

2,000

357.01

-2,000

1.5%

101

2,000

352.87

-2,000

1.5%

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

468.6-1.41-0.3%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

264.3-0.8-0.3%0.010.07110.7140.790.074.415.947.5358.343.565.8346.6368.2740.793.85.12%6.714.095.52%

AKJCL

362.6-4.11-1.12%0.010.0992.422.950.382.562.2847.6522.225.79156.88181.1462.122.951.961.75%7.442.82.5%

AKPL

256.8-1.11-0.43%0.010.1103.420.870.854.927.2355.1228.853.5856.536.9328.980.872.84.12%9.414.927.24%

APHL

875-25.02-2.78%0------------------

API

336.9+0.91+0.27%0.020.12115.320.261.1913.7611.4829.3650.484.0325.3130.3122.70.265.894.91%13.7312.5110.44%

APPOLO

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

BARUN

325-4.01-1.22%00.08107.7212.050.232.012.9645.6622.494.58184.03114.8673.512.051.852.73%5.242.483.66%

BENI

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

BGWT

598.9+18.91+3.26%00.19112.6713.690.2911.1611.99.2343.938.9167.4755.1352.713.698.158.69%12.9210.3911.08%

BHCL

558.7+6.68+1.21%0.010.15109.645.10.2910.4311.1117.651.486.7753.453.4748.865.17.928.44%12.451313.85%

BHDC

444-3.99-0.89%0.010.16117.432.911.0913.229.4246.5133.325.5536.9749.1521.892.915.393.84%13.4311.898.46%

BHL

210.2-0.8-0.38%0.010.1479.952.551.978.594.665.2126.823.8526.9-12.822.533.641.95%13.1710.995.88%

BHPL

505.5-3-0.59%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

825-14.01-1.67%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

315.1-2.99-0.94%00.1584.30.62.947.780.05101.7915.945.5845.376,67612.860.62.310.01%13.599.290.05%

BPCL

654.9+4.88+0.75%0.020.11210.336.810.0911.719.243.4348.064.5361.0573.5852.176.455.053.99%6.515.64.42%

BUNGAL

662+4.01+0.61%0.010.1184.680.23.26-0.79---2.069.68-778.48-28.760.2-0.21-5.6-0.92-

CHCL

477-1.29-0.27%0.050.0912122.010.046.426.63-55.485.4677.1774.7276.121.295.135.3%6.715.355.52%

CHL

265-2-0.75%00.1485.092.221.033.251.2185.5713.544.6992240.522.122.171.890.7%10.455.82.16%

CKHL

620-5-0.8%00.1190.170.422.234.30.6575.5412.7510.56166.051,023.0837.640.421.440.21%10.274.630.69%

DHEL

595+3.02+0.51%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

285+1.7+0.6%00.135.060.1555.112.921.06100.657.8682.71107.5284.9115.020.1510.36%13.7660.9622.15%

DOLTI

346-4.91-1.4%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

248-3.01-1.2%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

381.7-1.3-0.34%00.1477.732.591.276.424.3754.0825.27.2465.7388.7629.442.593.612.45%13.168.485.77%

GHL

222-1.79-0.8%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

252.6+0.6+0.24%00.09111.360.024.662.182.610.394.093.36128.9101.539.380.020.360.43%0.361.972.37%

GVL

477.6-0.38-0.08%0.020.16125.771.951.519.1814.8558.6238.155.326.073317.691.645.974.63%10.1516.1212.49%

HDHPC

207.8-1.19-0.57%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%
AVG430.04-1.48-0.34%0.010.10696.97.333.363.783.4287.629.269.591-3.28361.9149.3827.261.981.95%8.285.633.7%
MED372.15-1.3-0.41%0.010.195.072.221.093.252.7958.6215.945.5556.553.4743.892.171.891.85%7.734.634.04%
MAX87518.913.26%0.050.19210.3348.2555.1119.1814.85297.8358.3482.71577.116,676133.4948.258.158.69%13.7660.9622.15%
MIN207.8-25.02-2.78%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