Bhagawati Hydropower Development Company Limited

HydroPowerMid Cap

NPR 503.00

NPR -4-0.79%

09:14 AM NPT · Nov 6, 2026

Est. 2057-04-03 B.S. (converted to public company on 2075-01-06) · Subidhanagar, Tinkune, Kathmandu, Nepal · CEO: Hari Prasad Pandey

Bhagawati Hydropower Development Company Limited is a Nepal-based hydropower developer that builds and operates small-scale run-of-river hydroelectric projects. Its flagship project is the Bijayapur‑1 Hydropower Project, a 4.5 MW run-of-river plant on the Bijayapur river in Pokhara / Kaski district. The project began commercial operations in 2069 B.S. and supplies electricity to the national grid under a power-purchase agreement (PPA) with Nepal Electricity Authority (NEA). BGWT was originally established on 3rd of Poush 2057 B.S. as a private company and converted into a public limited company on 6th of Baisakh 2075 B.S. The company’s head office is located at Subidhanagar, Tinkune, Kathmandu, Nepal. As a publicly listed company on the stock exchange (symbol “BGWT”), BGWT offers equity to the public and is subject to regulatory and disclosure standards. Its financials have shown that the company has a paid-up capital and shares outstanding as per its listing record. BGWT contributes to Nepal’s renewable-energy generation, supports local infrastructure development, creates employment in its project areas, and provides a source of clean electricity, helping reduce dependence on imported or non-renewable energy.

bhagawatihydro.com.np/

Trading

Open

481.70

High

516.90

Low

481.70

Prev Close

507.00

Volume

5,813

Turnover

Rs 2,970,259.2

Txns

Valuation · Q4 FY25/26

EPS Ann.

9.01

EPS TTM

9.01

BVPS

113.30

P/E Ann.

55.83

P/E TTM

55.83

Graham #

151.55

Capital

Mkt Cap

3.52 Arab

Total

69.98 Lakh

Public

69.98 Lakh

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Neutral

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

50.72

ADX

37.95

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

498.53

SMA 50

493.63

Bands & Channels

BB Width %

14.95%

Volume & Flow

OBV

808,622

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

40,425

Shares Bought

Total Sell

40,425

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 56%

Distribution 44%

Accumulators

Quantity

20,726

Amount

10,537,196

Avg Rate

508.40

Rank

#57

Brokers

#57#68#17#32

Distributors

Quantity

16,122

Amount

8,157,883

Avg Rate

506.01

Rank

#69

Brokers

#74#58#34

Net Flow Impact:

+4,604units

(Rs. 2,379,313)

Net Flow by Timeframe

BGWT — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 57,750 ]

Buy Side

Total: 28,071

Broker

QTY

AVG

NET

9,983

510.41

+4,552

24.7%

6,706

507.03

+5,908

16.6%

2,128

507.06

+1,668

5.3%

1,909

504.24

+1,893

4.7%

1,140

509.87

+1,140

2.8%

1,049

509.19

+458

2.6%

725

509.38

+725

1.8%

675

502.87

+675

1.7%

641

499.92

+631

1.6%

550

509.18

+539

1.4%

525

506.12

+453

1.3%

520

509.61

+520

1.3%

520

506.44

+476

1.3%

500

498.10

+500

1.2%

500

498.00

+500

1.2%

Sell Side

Total: 29,679

Broker

QTY

AVG

NET

6,162

508.07

-4,019

15.2%

5,760

506.87

-4,821

14.3%

4,200

501.80

-2,566

10.4%

2,192

509.16

-1,512

5.4%

2,160

511.50

-2,050

5.3%

1,516

506.80

-1,075

3.8%

1,395

505.59

-1,208

3.5%

1,120

506.53

-1,120

2.8%

1,000

509.15

-400

2.5%

987

510.00

-174

2.4%

828

510.87

-398

2.0%

637

508.99

-537

1.6%

611

510.04

-611

1.5%

600

498.51

-600

1.5%

511

498.34

-211

1.3%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Sources of Fund
Equity
Paid up Capital	678,240	594,947	572,065	0	+14.00%
Reserves and Surplus	90,238	121,221	116,426	0	-25.56%
Other Equity	0.00	0.00	22882.59	0	-
Total Equity	768,478	716,168	711,373	0	+7.30%
Non Current Liabilities
Financial Liabilities	189,000	148,000	0	0	+27.70%
Other Non Current Liabilities	13,543	10,634	10,923	0	+27.35%
Total Non Current Liabilities	202,543	158,634	10,923	0	+27.68%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	13,680	533,576	544,142	0	-97.44%
Capital Work In Progress	0.00	0.00	0.00	0	-
Intangible Assets	537,540	0	0	0	-
Financial Assets (Investments)	339,481	133,713	1,947	0	+153.89%
Other Non Current Assets	0.00	0.00	0.00	0	-
Total Non Current Assets	890,701	667,290	546,089	0	+33.48%
Current Assets
Receivables	0.00	0.00	0.00	0	-
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	0.00	0.00	0.00	0	-
Financial Assets	0.00	0.00	0.00	0	-
Other Current Assets	95,054	216,887	0	0	-56.17%
Total Current Assets (A)	95,054	216,887	186,739	0	-56.17%
Current Liabilities
Financial Liabilities	189,000	148,000	0	0	+27.70%
Payables	0.00	0.00	0.00	0	-
Other Current Liabilities	14,734	9,373	0	0	+57.19%
Total Current Liabilities (B)	14,734	9,373	10,531	0	+57.19%
Net Current Assets (A-B)	80,320	207,513	176,207	0	-61.29%

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%	-
AHPC	257.8	+1.1	+0.43%	0.01	0.06	109.71	47.9	0.07	3.41	3.41	91.75	8.49	48.03	2.39	76.86	79.03	36.92	47.9	2.91	2.91%	5.9	3.15	3.15%	87.4
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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	372.62	0.13	0.03%	0.01	0.095	95.52	4.69	2.55	2.53	3.8	109.12	81.07	4.28	5.303	-20.51	3.301	25.654	4.6	1.35	1.88%	7.09	5.21	6.91%	95.05
MED	329.35	0	0%	0.01	0.095	100.39	1.82	1.17	1.9	2.76	81.88	73.76	11.95	3.715	44.89	50.525	20.425	1.77	0.9	1.9%	7	2.34	3.14%	97.41
MAX	694	13.5	3.18%	0.03	0.15	210.87	47.9	33.09	15.06	15.06	216.07	233.82	61.66	32.82	365.4	355.17	81.53	47.9	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