Balephi Hydropower Limited

HydroPowerHigh Cap

NPR 212.20

NPR +0.2+0.09%

09:14 AM NPT · Sep 24, 2026

Est. 2012-03-13 (Converted to public company on 2017-01-06) · Durbarmarg-1, Kathmandu, Nepal · CEO: Mr. Subash Aryal

Balephi Hydropower Limited (BHL) is a Nepal-based public hydropower company established to develop and operate clean, renewable energy projects. Converted to a public limited company in 2017, BHL is best known for its flagship 36 MW Upper Balephi A Hydroelectric Project in Sindhupalchok, which supplies power to the national grid under a long-term PPA with NEA. As a listed company on NEPSE (symbol: BHL), it follows transparent reporting practices and aims to expand its energy portfolio through upcoming hydropower investments. While the company continues to contribute to Nepal’s renewable energy goals, publicly verified information on its current CEO remains unavailable. BHL operates from Kathmandu and maintains active involvement in Nepal’s growing hydropower sector.

www.balephihydro.com/

Trading

Open

212.00

High

214.70

Low

210.10

Prev Close

212.00

Volume

92,952

Turnover

Rs 19,766,492.4

Txns

288

Valuation · Q4 FY25/26

EPS Ann.

7.72

EPS TTM

7.72

BVPS

81.22

P/E Ann.

27.49

P/E TTM

27.49

Graham #

118.78

Capital

Mkt Cap

7.76 Arab

Total

3.66 Crore

Public

3.66 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Sell

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

74.68

ADX

30.2

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

206.75

SMA 50

209.05

Bands & Channels

BB Width %

14.94%

Volume & Flow

OBV

-16,446,604

Flow Analysis

[ Live 2026-09-24 ]

Total Buy

567,949

Shares Bought

Total Sell

567,949

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 56%

Distribution 44%

Accumulators

Quantity

118,875

Amount

25,664,254

Avg Rate

215.89

Rank

#36

Brokers

#45#52#22#41#14

Distributors

Quantity

93,430

Amount

20,115,947

Avg Rate

215.31

Rank

#39

Brokers

#94#35#95#40

Net Flow Impact:

+25,445units

(Rs. 5,548,307)

Net Flow by Timeframe

BHL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 580,121 ]

Buy Side

Total: 280,315

Broker

QTY

AVG

NET

42,737

216.37

+26,222

7.5%

28,713

215.93

+5,490

5.1%

26,574

215.13

+7,029

4.7%

25,678

217.23

+19,762

4.5%

23,185

214.82

+8,801

4.1%

19,945

214.56

+12,935

3.5%

15,535

216.59

+11,999

2.7%

14,980

213.30

+12,853

2.6%

14,400

217.35

+7,560

2.5%

13,291

214.43

+3,331

2.3%

12,908

214.47

+2,267

2.3%

12,697

215.25

+6,939

2.2%

11,000

213.16

+11,000

1.9%

10,882

214.62

+4,382

1.9%

7,790

215.32

+5,179

1.4%

Sell Side

Total: 299,806

Broker

QTY

AVG

NET

41,439

216.15

-41,426

7.3%

35,949

214.71

-11,116

6.3%

30,015

214.09

-2,800

5.3%

24,304

217.78

-1,481

4.3%

24,139

215.18

-7,904

4.3%

21,991

216.98

-20,001

3.9%

16,233

215.07

-749

2.9%

15,000

212.01

-11,615

2.6%

15,000

213.80

-12,000

2.6%

13,819

218.25

-9,849

2.4%

13,524

214.48

-10,224

2.4%

12,498

215.78

-17

2.2%

12,311

215.69

-4,796

2.2%

11,910

214.60

-10,900

2.1%

11,674

218.06

-7,756

2.1%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Sources of Fund
Equity
Paid up Capital	3,655,940	3,655,940	1,827,970	0	0.00%
Reserves and Surplus	-686,411	-928,223	-855,426	0	+26.05%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	2,969,529	2,727,717	972,544	0	+8.86%
Non Current Liabilities
Financial Liabilities	5,379,290	5,601,974	6,689,905	0	-3.98%
Other Non Current Liabilities	234,615	155,605	306,447	0	+50.78%
Total Non Current Liabilities	5,613,905	5,757,578	6,996,352	0	-2.50%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	66,345	12,575	6,148	0	+427.60%
Capital Work In Progress	0.00	399107.78	0.00	0	-100.00%
Intangible Assets	8,341,492	7,913,467	8,250,737	0	+5.41%
Financial Assets (Investments)	160.00	0.00	0.00	0	-
Other Non Current Assets	0.00	0.00	0.00	0	-
Total Non Current Assets	8,407,997	8,325,150	8,256,885	0	+1.00%
Current Assets
Receivables	237,435	177,660	152,913	0	+33.65%
Inventories	17,620	0	0	0	-
Cash and Cash Equivalent	727.88	2303.62	2891.19	0	-68.40%
Financial Assets	0.00	0.00	0.00	0	-
Other Current Assets	139,446	150,549	36,792	0	-7.38%
Total Current Assets (A)	395,229	330,512	192,596	0	+19.58%
Current Liabilities
Financial Liabilities	5,379,290	5,601,974	6,689,905	0	-3.98%
Payables	112,190	73,476	126,286	0	+52.69%
Other Current Liabilities	0.00	2898.64	0.00	0	-100.00%
Total Current Liabilities (B)	219,791	170,366	480,586	0	+29.01%
Net Current Assets (A-B)	175,438	160,146	-287,990	0	+9.55%

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)	PEG	P/E (TTM)	P/S	Quick Ratio	ROA (Annualized)	ROA (TTM)%	ROCE	ROE (Annualized)	ROE (TTM)%	Tax Burden
AHL	402.7	+10.7	+2.73%	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	266.9	+0.69	+0.26%	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	358	0	0%	0.01	0.09	93.69	3.15	0.37	3.18	3.18	81.88	45.61	28.35	3.6	105.97	2.05	112.89	30.06	3.12	2.45	2.45%	7.6	3.45	3.45%	100
AKPL	253	+1.41	+0.56%	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	671	+9.72	+1.47%	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	334.8	+0.8	+0.24%	0.02	0.12	119.51	0.41	1.05	15.06	15.06	201.24	38.4	54.37	2.68	21.29	0.2	22.31	11.58	0.41	6.48	6.48%	11.25	13.36	13.36%	85.19
APPOLO	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BARUN	326	-2.99	-0.91%	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	308.9	+1.9	+0.62%	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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BGWT	492	+4.92	+1.01%	0	0.16	113.3	6.45	0.28	9.01	9.01	151.55	10.83	39.64	4.82	60.6	-	53.39	24.03	6.45	6.53	6.53%	11.28	8.22	8.22%	88.19
BHCL	574.8	+15.82	+2.83%	0.01	0.15	112.53	2.14	0.16	10.81	10.81	165.44	15.96	51.47	4	41.63	0.34	50.32	21.43	2.14	7.51	7.51%	13.6	10.08	10.08%	96.98
BHDC	433.4	+2.41	+0.56%	0.01	0.15	118.32	2.69	1.28	11.79	11.79	177.16	49.43	30.69	3.58	35.88	0.31	36.94	11.01	2.69	4.6	4.6%	12.4	10.59	10.59%	97.41
BHPL	447.5	-0.49	-0.11%	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	643	+8.88	+1.4%	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	278.5	+1.91	+0.69%	0	0.13	100.59	7.62	0.97	1.49	1.49	58.07	111.02	6.46	2.76	186.58	1.49	188.86	12.02	7.62	0.8	0.8%	9.68	2.14	2.14%	97.01
BPCL	676	+1.08	+0.16%	0.02	0.1	210.87	7.05	0.09	9.84	9.84	216.07	3.19	41.84	3.17	67.89	1.46	70.93	28.41	6.52	4.18	4.18%	5.36	4.69	4.69%	80.94
BUNGAL	514	+3.01	+0.59%	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	352	-2.52	-0.71%	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	267	+1.99	+0.75%	0	0.13	84.29	2.08	1.03	1.72	1.72	57.11	92.02	7.56	3.04	148.84	1.37	155.81	11.25	2.03	1	1%	9.26	3.12	3.12%	101.74
CKHL	582.4	-4.58	-0.78%	0	0.11	100.19	0.83	1.96	13.25	13.25	172.83	77.7	40.33	6.37	48.15	0.04	44.98	19.42	0.83	4.44	4.44%	9.73	13.85	13.85%	100
DHEL	554	-1	-0.18%	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	275	+1.99	+0.73%	0	0.14	8.38	0.23	33.09	5.51	5.51	32.23	84.53	13.93	32.82	49.91	0.12	50.73	6.95	0.23	1.89	1.89%	14.84	93.63	93.63%	100
DOLTI	299	-4.99	-1.64%	0	0.1	59.87	1.11	2.2	0.87	0.87	34.23	125.13	4.65	5.31	365.4	3.06	355.17	17.08	1.11	0.45	0.45%	9.33	1.48	1.48%	100
DORDI	263	+1	+0.38%	0.01	0.07	106.3	1.83	0.91	1.42	1.42	58.28	57.15	10.91	2.32	173.94	1.3	185.14	18.97	1.81	0.76	0.76%	5.94	1.35	1.35%	106.79
EHPL	326.8	+0.81	+0.25%	0	0.13	76.3	2.47	1.28	3.39	3.39	76.29	69.82	14.32	4.3	96.84	0.83	98.82	13.86	2.47	1.93	1.93%	11.58	4.54	4.54%	98
GHL	253.7	-3.29	-1.28%	0	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	278.8	-0.39	-0.14%	0.01	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	489.3	-0.69	-0.14%	0.02	0.14	124.33	1.4	1.52	12.94	12.94	190.26	82.6	29.87	3.86	37.09	2.71	38.25	11.09	1.24	4.07	4.07%	8.29	10.94	10.94%	97.08
HDHPC	220.3	+0.31	+0.14%	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	397.92	1.73	0.34%	0.01	0.096	96.67	4.85	2.49	2.58	3.86	110.84	78.72	4.82	5.385	-19.29	1.175	4.353	26.281	4.77	1.47	2.02%	7.05	5.15	6.84%	95.31
MED	343.4	0.91	0.26%	0	0.095	101.18	1.96	1.05	1.9	2.76	81.88	73.76	11.95	3.845	49.03	1.3	52.06	22.73	1.92	0.9	1.9%	7	2.34	3.14%	97.41
MAX	676	15.82	2.83%	0.03	0.16	210.87	47.9	33.09	15.06	15.06	216.07	233.82	61.66	32.82	365.4	3.06	355.17	81.53	47.9	7.51	7.51%	14.84	93.63	93.63%	109.6
MIN	220.3	-4.99	-1.64%	0	0.03	8.38	0.03	0.04	-17.41	-17.41	32.23	0.32	-136.81	2.17	-1,527.67	0.04	-1,566.67	3.84	0.03	-4.43	-4.43%	-0.11	-22.42	-22.42%	78.75