Bhagawati Hydropower Development Company Limited

HydroPowerMid Cap

NPR 548.00

NPR -8-1.44%

09:14 AM NPT · Aug 10, 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

554.00

High

554.00

Low

546.10

Prev Close

556.00

Volume

1,602

Turnover

Rs 880,817.6

Txns

Valuation · Q3 FY25/26

EPS Ann.

11.16

EPS TTM

11.90

BVPS

112.67

P/E Ann.

49.10

P/E TTM

46.05

Graham #

168.20

Capital

Mkt Cap

3.26 Arab

Total

59.49 Lakh

Public

8.92 Lakh

Promoter

50.57 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

21.39

ADX

45.37

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

578.1

SMA 50

600.38

Bands & Channels

BB Width %

16.66%

Volume & Flow

OBV

850,225

Flow Analysis

[ Live 2026-08-10 ]

Total Buy

10,422

Shares Bought

Total Sell

10,422

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 55%

Distribution 45%

Accumulators

Quantity

3,389

Amount

1,887,926

Avg Rate

557.07

Rank

#104

Brokers

#47#13#25

Distributors

Quantity

2,720

Amount

1,503,582

Avg Rate

552.79

Rank

#107

Brokers

#26#74

Net Flow Impact:

+669units

(Rs. 384,345)

Net Flow by Timeframe

BGWT — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 16,385 ]

Buy Side

Total: 8,006

Broker

QTY

AVG

NET

1,533

560.90

+1,323

14.7%

1,050

552.13

+894

10.1%

931

551.72

+931

8.9%

925

556.14

+925

8.9%

636

550.36

+576

6.1%

590

547.68

+253

5.7%

500

552.51

+250

4.8%

368

551.15

+100

3.5%

275

550.11

+275

2.6%

258

558.00

+125

2.5%

227

559.56

+167

2.2%

221

556.52

+108

2.1%

177

558.84

+177

1.7%

169

556.38

+69

1.6%

146

556.10

+146

1.4%

Sell Side

Total: 8,379

Broker

QTY

AVG

NET

1,432

552.23

-1,252

13.7%

1,387

554.53

-1,387

13.3%

1,333

550.97

-1,333

12.8%

990

554.98

-294

9.5%

664

557.31

-249

6.4%

600

552.25

-600

5.8%

478

559.81

-478

4.6%

410

551.66

-390

3.9%

275

552.30

-190

2.6%

221

553.49

-1

2.1%

185

549.79

-185

1.8%

121

560.56

-121

1.2%

100

570.00

-80

1.0%

553.74

-86

0.9%

570.10

-76

0.8%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Sources of Fund
Equity
Paid up Capital	678,240	594,947	572,065	0	+14.00%
Reserves and Surplus	85,919	97,254	116,735	0	-11.66%
Other Equity	0.00	0.00	22882.59	0	-
Total Equity	764,158	692,201	711,683	0	+10.40%
Non Current Liabilities
Financial Liabilities	192,000	150,000	0	0	+28.00%
Other Non Current Liabilities	13,543	10,626	10,848	0	+27.45%
Total Non Current Liabilities	205,543	160,626	10,848	0	+27.96%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	4,566	537,800	543,571	0	-99.15%
Capital Work In Progress	0.00	0.00	0.00	0	-
Intangible Assets	544,584	0	0	0	-
Financial Assets (Investments)	233,181	134,918	1,947	0	+72.83%
Other Non Current Assets	0.00	0.00	0.00	0	-
Total Non Current Assets	782,331	672,717	545,518	0	+16.29%
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	202,134	200,877	0	0	+0.63%
Total Current Assets (A)	202,134	200,877	186,536	0	+0.63%
Current Liabilities
Financial Liabilities	192,000	150,000	0	0	+28.00%
Payables	0.00	0.00	0.00	0	-
Other Current Liabilities	14,764	20,767	0	0	-28.91%
Total Current Liabilities (B)	14,764	20,767	9,522	0	-28.91%
Net Current Assets (A-B)	187,370	180,110	177,013	0	+4.03%

Sector Peers — HydroPower (30)

Peer Comparison

HydroPower SECTOR — NEPAL

2025/2026 Q3

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)	PEG	P/E (TTM)	P/S	Quick Ratio	ROA (Annualized)	ROA (TTM)%	ROCE	ROE (Annualized)	ROE (TTM)%	Tax Burden
AHL	410	-4.02	-0.97%	0	0.05	71.36	0.24	4.27	-19.31	-13.75	-	-	-94.75	10.28	-28.49	-	-36.11	48.01	0.24	-5.08	-3.62%	2.52	-24.52	-17.46%	-
AHPC	265	-0.9	-0.34%	0.01	0.07	110.71	40.79	0.07	4.41	5.94	121.64	7.53	58.34	3.5	65.83	-	46.63	68.27	40.79	3.8	5.12%	6.71	4.09	5.52%	90.05
AKJCL	366.9	+4.82	+1.33%	0.01	0.09	92.42	2.95	0.38	2.56	2.28	68.86	47.65	22.22	5.79	156.88	11.71	181.14	62.12	2.95	1.96	1.75%	7.44	2.8	2.5%	100
AKPL	254.7	-1.9	-0.74%	0.01	0.1	103.42	0.87	0.85	4.92	7.23	129.71	55.12	28.85	3.58	56.5	0.16	36.93	28.98	0.87	2.8	4.12%	9.41	4.92	7.24%	97.9
APHL	828	0	0%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
API	328.5	-1.48	-0.45%	0.02	0.12	115.32	0.26	1.19	13.76	11.48	172.59	29.36	50.48	4.03	25.31	0.33	30.31	22.7	0.26	5.89	4.91%	13.73	12.51	10.44%	85.97
APPOLO	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BARUN	318.7	-2.51	-0.78%	0	0.08	107.72	12.05	0.23	2.01	2.96	84.7	45.66	22.49	4.58	184.03	1.34	114.86	73.5	12.05	1.85	2.73%	5.24	2.48	3.66%	100
BEDC	319.1	-3.91	-1.21%	0	0.08	47.88	3.66	2.22	-0.12	-2.01	-	119.74	-1.02	12.92	-3,866.67	-	-179.6	68.06	3.66	-0.07	-1.29%	7.13	-0.25	-4.1%	-
BENI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BHCL	490	+0.98	+0.2%	0.01	0.15	109.64	5.1	0.29	10.43	11.11	165.55	17.6	51.48	6.77	53.4	0.21	53.47	48.86	5.1	7.92	8.44%	12.45	13	13.85%	97.02
BHDC	426	0	0%	0.01	0.16	117.43	2.91	1.09	13.22	9.42	157.76	46.51	33.32	5.55	36.97	0.51	49.15	21.89	2.91	5.39	3.84%	13.43	11.89	8.46%	99.99
BHL	206.9	-2.01	-0.96%	0.01	0.14	79.95	2.55	1.97	8.59	4.6	90.97	65.21	26.82	3.85	26.9	-	-	12.82	2.53	3.64	1.95%	13.17	10.99	5.88%	85.68
BHPL	482.5	-14.51	-2.92%	0	0.08	50.03	1.43	1.97	-0.59	-3.5	-	182.17	-4.61	14.92	-948.98	-	-156.74	78.42	1.25	-0.39	-2.31%	7.73	-1.11	-6.64%	-
BJHL	670	-24.01	-3.46%	0.01	0.09	88.82	48.25	1.06	-3.26	-	-	297.83	-19.68	18.61	-380.37	-	-	133.23	48.25	-1.77	-	6.48	-3.67	-	-
BNHC	282	-4.21	-1.47%	0	0.15	84.3	0.6	2.94	7.78	0.05	9.74	101.79	15.94	5.58	45.37	0.01	6,676	12.86	0.6	2.31	0.01%	13.59	9.29	0.05%	100
BPCL	649.8	-0.19	-0.03%	0.02	0.11	210.33	6.81	0.09	11.71	9.24	209.11	3.43	48.06	4.53	61.05	1.37	73.58	52.17	6.45	5.05	3.99%	6.51	5.6	4.42%	81.76
BUNGAL	584	-0.82	-0.14%	0.01	0.11	84.68	0.2	3.26	-0.79	-	-	-	-2.06	9.68	-778.48	-	-	28.76	0.2	-0.21	-	5.6	-0.92	-	-
CHCL	484	-1.99	-0.41%	0.05	0.09	121	22.01	0.04	6.42	6.63	134.35	-	55.48	5.46	77.17	-	74.72	76.1	21.29	5.13	5.3%	6.71	5.35	5.52%	72.57
CHL	267.9	-0.11	-0.04%	0	0.14	85.09	2.22	1.03	3.25	1.21	48.13	85.57	13.54	4.69	92	0.73	240.5	22.12	2.17	1.89	0.7%	10.45	5.8	2.16%	100.94
CKHL	581	-2.98	-0.51%	0	0.11	90.17	0.42	2.23	4.3	0.65	36.31	75.54	12.75	10.56	166.05	0.94	1,023.08	37.64	0.42	1.44	0.21%	10.27	4.63	0.69%	100
DHEL	620	+35.09	+6%	0.01	0.04	128.02	0.7	1.31	-4.33	-	-	284.93	-38.81	6.74	-149.42	-	-	103.07	0.7	-1.47	-	3.75	-3.37	-	-
DHPL	288	-2	-0.69%	0	0.13	5.06	0.15	55.11	2.92	1.06	10.99	100.65	7.86	82.71	107.5	0.22	284.91	15.02	0.15	1	0.36%	13.76	60.96	22.15%	100
DOLTI	320	0	0%	0	0.1	58.54	0.94	2.25	0.83	-2.27	-	118.77	4.27	10.91	577.11	3.38	-154.19	43.89	0.94	0.43	-1.18%	9.4	1.39	-3.79%	100
DORDI	249.9	+2.89	+1.17%	0.01	0.08	105.5	5.6	0.68	0.83	-0.88	-	71.37	6.37	3.72	354.22	2.82	-311.14	40.16	5.44	0.51	-0.53%	6.24	1.12	-1.19%	101.05
EHPL	339	-4.99	-1.45%	0	0.14	77.73	2.59	1.27	6.42	4.37	87.42	54.08	25.2	7.24	65.73	0.43	88.76	29.44	2.59	3.61	2.45%	13.16	8.48	5.77%	97.99
GHL	229.8	+1.8	+0.79%	0	0.06	95.07	20.91	0.44	-2.15	-2.14	-	256.14	-28.16	3.62	-120	-	-109.81	60.03	20.91	-1.55	-1.54%	3.37	-2.24	-2.23%	-
GLH	257.6	+0.69	+0.27%	0	0.09	111.36	0.02	4.66	2.18	2.61	80.87	0.39	4.09	3.36	128.9	8.6	101.53	9.38	0.02	0.36	0.43%	0.36	1.97	2.37%	100
GVL	480	-1.98	-0.41%	0.02	0.16	125.77	1.95	1.5	19.18	14.85	204.99	58.62	38.15	5.3	26.07	0.79	33	17.69	1.64	5.97	4.63%	10.15	16.12	12.49%	100
HDHPC	206.6	-1.39	-0.67%	0.01	0.04	74.09	1.64	0.12	-4.36	-3.05	-	-	-131.6	4.49	-57.18	-	-71.77	133.49	1.64	-5.25	-3.67%	-0.99	-5.81	-4.07%	-

AVG	400.21	-1.06	-0.28%	0.01	0.102	94.5	6.96	3.43	3.36	2.84	106.69	92.42	7.59	9.74	-148.99	2.097	351.705	49.951	6.89	1.67	1.53%	8.07	5.24	3.07%	95.31
MED	333.75	-1.44	-0.41%	0.01	0.1	92.42	2.22	1.19	2.92	2.45	90.97	65.21	13.54	5.55	53.4	0.76	49.15	43.89	2.17	1.85	1.23%	7.44	4.09	3.08%	100
MAX	828	35.09	6%	0.05	0.16	210.33	48.25	55.11	19.18	14.85	209.11	297.83	58.34	82.71	577.11	11.71	6,676	133.49	48.25	7.92	8.44%	13.76	60.96	22.15%	101.05
MIN	206.6	-24.01	-3.46%	0	0.04	5.06	0.02	0.04	-19.31	-13.75	9.74	0.39	-131.6	3.36	-3,866.67	0.01	-311.14	9.38	0.02	-5.25	-3.67%	-0.99	-24.52	-17.46%	72.57