Bhugol Energy Development Company Limited

HydroPowerLow Cap

NPR 295.00

NPR -2.5-0.84%

09:14 AM NPT · Nov 6, 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

296.00

High

298.00

Low

293.00

Prev Close

297.50

Volume

6,392

Turnover

Rs 1,884,305.2

Txns

0

Valuation · Q4 FY25/26

EPS Ann.

-1.70

EPS TTM

-1.70

BVPS

46.28

P/E Ann.

-173.53

P/E TTM

-173.53

Graham #

N/A

Capital

Mkt Cap

1.6 Arab

Total

54.41 Lakh

Public

54.41 Lakh

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Neutral

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Moderate

Momentum

RSI (14)

47.13

ADX

21.08

Overall Score

40
Below Line

Technical Score

Moving Averages

SMA 20

295.7

SMA 50

297.96

Bands & Channels

BB Width %

5.89%

Volume & Flow

OBV

1,330,012

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

41,904

Shares Bought

Total Sell

41,904

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

64

Participating

ACCUM/DIST

Accumulation 44%

Distribution 56%

Accumulators

3

Quantity

11,287

Amount

3,323,372

Avg Rate

294.44

Rank

#93

Brokers

#38#47#17

Distributors

4

Quantity

14,252

Amount

4,200,987

Avg Rate

294.76

Rank

#94

Brokers

#45#29#6#35

Net Flow Impact:

-2,965units
(Rs. -877,615)

Net Flow by Timeframe

BEDC — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 57,441 ]

Buy Side

Total: 30,650

Broker

QTY

AVG

NET

%

47

4,627

294.39

+2,336

11.0%

58

4,432

294.95

+1,292

10.6%

38

3,597

294.75

+3,429

8.6%

17

3,063

294.16

+2,328

7.3%

52

2,249

294.95

+1,919

5.4%

74

1,910

294.33

+1,290

4.6%

48

1,758

293.22

+1,506

4.2%

44

1,650

294.86

+542

3.9%

11

1,510

293.83

+1,240

3.6%

7

1,200

294.76

+906

2.9%

53

1,017

292.98

+947

2.4%

21

1,000

293.00

+890

2.4%

70

992

295.50

+992

2.4%

57

975

294.25

+655

2.3%

33

670

295.00

+240

1.6%

Sell Side

Total: 26,791

Broker

QTY

AVG

NET

%

45

5,976

295.25

-4,166

14.3%

29

4,010

294.13

-3,900

9.6%

6

2,314

294.53

-2,314

5.5%

42

2,071

293.62

-857

4.9%

35

1,952

294.87

-1,222

4.7%

32

1,310

294.12

-1,115

3.1%

1

1,300

293.87

-643

3.1%

56

1,197

293.91

-1,069

2.9%

63

1,155

291.85

-1,155

2.8%

34

1,142

296.27

-749

2.7%

28

1,060

294.32

-560

2.5%

51

981

295.36

-281

2.3%

25

887

295.40

-222

2.1%

49

771

294.63

-170

1.8%

62

665

294.95

-665

1.6%

Financial Fundamentals

Financial MetricFY25/26 Q4FY24/25 Q4FY23/24 Q4FY22/23 Q4Growth %
Sources of Fund
Equity
Paid up Capital544,053544,053544,05300.00%
Reserves and Surplus-292,262-282,060-250,7910-3.62%
Other Equity0.000.000.000-
Total Equity251,792261,994293,2620-3.89%
Non Current Liabilities
Financial Liabilities518,000518,000526,50000.00%
Other Non Current Liabilities0.000.000.000-
Total Non Current Liabilities518,000518,000526,50000.00%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)852.711061.841361.520-19.70%
Capital Work In Progress0.000.000.000-
Intangible Assets584,996610,528634,6200-4.18%
Financial Assets (Investments)0.000.000.000-
Other Non Current Assets0.000.000.000-
Total Non Current Assets585,849611,589635,9820-4.21%
Current Assets
Receivables0.009432.656479.200-100.00%
Inventories0.000.000.000-
Cash and Cash Equivalent4,1408616280+380.54%
Financial Assets0.000.000.000-
Other Current Assets226,372236,100243,3850-4.12%
Total Current Assets (A)230,511246,394250,4930-6.45%
Current Liabilities
Financial Liabilities518,000518,000526,50000.00%
Payables0.0052210.4242552.430-100.00%
Other Current Liabilities3,3823,5803,4600-5.51%
Total Current Liabilities (B)46,56877,99066,7120-40.29%
Net Current Assets (A-B)183,943168,404183,7800+9.23%

Sector Peers — HydroPower (30)

Peer Comparison

HydroPower SECTOR — NEPAL

2025/2026 Q4

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

380+3.99+1.06%00.0668.430.284.81-17.41-17.41--72.656.05-23.78-22.6917.280.28-4.43-4.43%0.3-22.42-22.42%

AHPC

257.8+1.1+0.43%0.010.06109.7147.90.073.413.418.4948.032.3976.8679.0336.9247.92.912.91%5.93.153.15%

AKJCL

343.9-2.11-0.61%0.010.0993.693.150.373.183.1845.6128.353.6105.97112.8930.063.122.452.45%7.63.453.45%

AKPL

256.2-2.69-1.04%0.010.06101.770.70.851.021.0279.0712.992.45244.12253.8231.640.70.750.75%3.931.341.34%

APHL

564.9+6.92+1.24%00.04102.410.512.26-4.12---28.498-198.79-56.640.48-1.23--0.11-4.02-

API

333.7+0.7+0.21%0.020.12119.510.411.0515.0615.0638.454.372.6821.2922.3111.580.416.486.48%11.2513.3613.36%

APPOLO

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

BARUN

322.2-1.81-0.56%00.09108.196.740.232.082.0840.7221.392.96153.8161.0632.886.741.911.91%5.632.542.54%

BENI

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

BGWT

503-4.01-0.79%00.16113.36.450.289.019.0110.8339.644.8260.653.3924.036.456.536.53%11.288.228.22%

BHCL

54600%0.010.15112.532.140.1610.8110.8115.9651.47441.6350.3221.432.147.517.51%13.610.0810.08%

BHDC

431.8+1.81+0.42%0.010.15118.322.691.2811.7911.7949.4330.693.5835.8836.9411.012.694.64.6%12.410.5910.59%

BHL

225-0.5-0.22%0.010.1381.221.81.967.727.7262.3524.482.5126.4228.156.471.723.233.23%12.259.919.91%

BHPL

429+8.21+1.95%00.0850.031.141.86-0.3-0.3133.02-2.639.16-1,527.67-1,566.6740.591.04-0.2-0.2%8.83-0.57-0.57%

BJHL

545-8.97-1.62%0.010.0988.952.571.05-2.6-233.82-15.287.66-261.92-40.042.57-1.42-6.85-2.92-

BNHC

274+2.01+0.74%00.13100.597.620.971.491.49111.026.462.76186.58188.8612.027.620.80.8%9.682.142.14%

BPCL

694-12-1.7%0.020.1210.877.050.099.849.843.1941.843.1767.8970.9328.416.524.184.18%5.364.694.69%

BUNGAL

458.1-2.9-0.63%00.0981.420.213.4-3.84---11.287.18-152.34-17.190.21-1.07-4.34-4.71-

CHCL

338+0.2+0.06%0.030.1123.925.950.047.597.59-61.663.8362.648.7138.5924.625.985.98%7.156.26.2%

CHL

257-2.91-1.12%00.1384.292.081.031.721.7292.027.563.04148.84155.8111.252.0311%9.263.123.12%

CKHL

438+13.5+3.18%00.11100.190.831.9613.2513.2577.740.336.3748.1544.9819.420.834.444.44%9.7313.8513.85%

DHEL

508+2.02+0.4%0.010.04118.140.451.37-9.88---89.334.57-54.67-48.830.45-3.52-2.24-8.36-

DHPL

269-4.01-1.47%00.148.380.2333.095.515.5184.5313.9332.8249.9150.736.950.231.891.89%14.8493.6393.63%

DOLTI

308.9-1.08-0.35%00.159.871.112.20.870.87125.134.655.31365.4355.1717.081.110.450.45%9.331.481.48%

DORDI

273.8+1.8+0.66%0.010.07106.31.830.911.421.4257.1510.912.32173.94185.1418.971.810.760.76%5.941.351.35%

EHPL

32500%00.1376.32.471.283.393.3969.8214.324.396.8498.8213.862.471.931.93%11.584.544.54%

GHL

323-1-0.31%0.010.0695.054.740.45-1.33-1.33154.32-15.982.26-161.65-182.9325.94.74-0.94-0.94%3.92-1.38-1.38%

GLH

263+1.7+0.65%00.1112.050.034.812.332.330.323.682.17104.29117.383.840.030.370.37%0.392.092.09%

GVL

559+3+0.54%0.020.14124.331.41.5212.9412.9482.629.873.8637.0938.2511.091.244.074.07%8.2910.9410.94%

HDHPC

214-0.79-0.37%0.010.0371.970.210.22-3.4-3.4--136.812.82-59.71-64.8581.530.21-3.95-3.95%1.09-4.59-4.59%
AVG380.050.080.03%0.010.09897.924.742.482.914.2571.616.225.237-11.8713.14825.5544.661.622.2%7.245.637.4%
MED335.8500%0.010.1101.181.821.052.213.2966.0913.463.71549.0352.0620.4251.771.441.92%7.382.833.3%
MAX69413.53.18%0.030.16210.8747.933.0915.0615.06233.8261.6632.82365.4355.1781.5347.97.517.51%14.8493.6393.63%
MIN214-12-1.7%00.038.380.030.04-17.41-17.410.32-136.812.17-1,527.67-1,566.673.840.03-4.43-4.43%-0.11-22.42-22.42%

30

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum