Balephi Hydropower Limited

HydroPowerHigh Cap

NPR 225.00

NPR -0.5-0.22%

09:14 AM NPT · Nov 6, 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

220.00

High

228.60

Low

220.00

Prev Close

225.50

Volume

137,328

Turnover

Rs 31,011,537.7

Txns

Valuation · Q4 FY25/26

EPS Ann.

7.72

EPS TTM

7.72

BVPS

81.22

P/E Ann.

29.15

P/E TTM

29.15

Graham #

118.78

Capital

Mkt Cap

8.23 Arab

Total

3.66 Crore

Public

3.66 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Neutral

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

52.95

ADX

31.8

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

224.14

SMA 50

214.32

Bands & Channels

BB Width %

13.67%

Volume & Flow

OBV

-14,844,347

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

1,450,696

Shares Bought

Total Sell

1,450,696

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 43%

Distribution 57%

Accumulators

Quantity

299,195

Amount

68,945,508

Avg Rate

230.44

Rank

#16

Brokers

#32#82#39#101

Distributors

Quantity

396,714

Amount

91,397,670

Avg Rate

230.39

Rank

#14

Brokers

#45#41#48#17#34

Net Flow Impact:

-97,519units

(Rs. -22,452,162)

Net Flow by Timeframe

BHL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 1,379,940 ]

Buy Side

Total: 666,326

Broker

QTY

AVG

NET

105,242

230.35

+89,499

7.3%

82,877

230.60

+76,647

5.7%

67,898

229.35

+4,206

4.7%

66,129

231.34

+45,174

4.6%

51,855

227.93

+598

3.6%

49,879

231.27

+23,136

3.4%

101

44,947

229.02

+36,761

3.1%

29,540

229.23

+1,971

2.0%

28,680

229.82

+19,142

2.0%

28,150

232.67

+17,437

1.9%

27,351

229.60

+16,043

1.9%

26,269

230.10

+24,209

1.8%

19,994

228.59

+8,153

1.4%

19,500

230.32

+18,000

1.3%

18,015

228.81

+3,971

1.2%

Sell Side

Total: 713,614

Broker

QTY

AVG

NET

197,900

230.39

-103,606

13.6%

57,971

230.29

-38,550

4.0%

54,815

229.75

-13,940

3.8%

52,276

229.76

-21,008

3.6%

51,363

230.50

-29,190

3.5%

50,197

229.91

-541

3.5%

45,940

229.23

-15,727

3.2%

37,204

231.24

-22,844

2.6%

28,599

230.63

-1,034

2.0%

27,490

230.12

-13,990

1.9%

25,000

229.98

-1,819

1.7%

100

23,000

230.50

-1,400

1.6%

21,979

230.78

-15,729

1.5%

20,005

228.59

-18,005

1.4%

19,875

229.09

-7,213

1.4%

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	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	2.05	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	0.2	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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BGWT	503	-4.01	-0.79%	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	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	0.34	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	0.31	36.94	11.01	2.69	4.6	4.6%	12.4	10.59	10.59%	97.41
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	1.49	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	1.46	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	1.37	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	0.04	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	0.12	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	3.06	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	1.3	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	0.83	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	2.71	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	382.55	0.01	0%	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	335.85	0	0%	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	694	13.5	3.18%	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	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	0.04	-1,566.67	3.84	0.03	-4.43	-4.43%	-0.11	-22.42	-22.42%	78.75