Chirkhwa Hydropower Limited

HydroPowerLow Cap

NPR 584.00

NPR +5.8+1.00%

09:14 AM NPT · Aug 7, 2026

Est. 2077-09-29 B.S. (Converted into a public company before NEPSE listing in 2023) · Bhojpur District (Project Area) / Corporate office: Kathmandu, Nepal

Chirkhwa Hydropower Limited (CKHL) is a Nepalese run-of-river hydropower developer best known for the Upper Chirkhwa Hydropower Project in Bhojpur district. The company is publicly listed on NEPSE under the symbol CKHL, with a paid-up capital of NPR 400 million and 4 million shares outstanding. Its share price has fluctuated between NPR 550 and NPR 910 over the past year, reflecting both volatility and investor interest. CKHL’s business model focuses on generating renewable energy from natural river flow and selling power under long-term PPAs, supporting Nepal’s clean-energy goals and rural development. Public listing since 2023 has increased transparency and investment accessibility, although the company still faces challenges such as hydrology risk, seasonal generation issues, and regulatory requirements.

www.chirkhwahydropower.com/

Trading

Open

561.50

High

585.00

Low

561.50

Prev Close

578.20

Volume

672

Turnover

Rs 388,751.2

Txns

Valuation · Q3 FY25/26

EPS Ann.

4.30

EPS TTM

0.65

BVPS

90.17

P/E Ann.

135.81

P/E TTM

898.46

Graham #

93.40

Capital

Mkt Cap

2.34 Arab

Total

40.0 Lakh

Public

9.79 Lakh

Promoter

30.21 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Buy

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

28.64

ADX

31.7

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

597.59

SMA 50

616.14

Bands & Channels

BB Width %

19.09%

Volume & Flow

OBV

943,550

Flow Analysis

[ Live 2026-08-07 ]

Total Buy

15,379

Shares Bought

Total Sell

15,379

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 50%

Distribution 50%

Accumulators

Quantity

13,470

Amount

8,017,109

Avg Rate

595.18

Rank

#65

Brokers

#82

Distributors

Quantity

13,381

Amount

7,961,721

Avg Rate

595.00

Rank

#66

Brokers

#17#90#13

Net Flow Impact:

+89units

(Rs. 55,388)

Net Flow by Timeframe

CKHL — Broker Breakdown (7D)

11 Buyers15 Sellers

[ Vol: 29,896 ]

Buy Side

Total: 15,068

Broker

QTY

AVG

NET

13,470

595.18

+13,430

87.6%

753

578.18

+703

4.9%

200

585.00

+190

1.3%

150

586.16

+140

1.0%

133

583.07

+54

0.9%

106

582.50

+26

0.7%

100

576.00

+30

0.7%

578.30

+67

0.4%

590.00

+48

0.3%

597.00

+20

0.1%

604.00

0.1%

Sell Side

Total: 14,828

Broker

QTY

AVG

NET

12,151

596.08

-12,111

79.0%

730

588.42

-703

4.8%

500

578.36

-500

3.3%

400

578.12

-400

2.6%

260

583.15

-123

1.7%

240

587.38

-240

1.6%

103

590.00

-93

0.7%

579.02

-97

0.6%

588.57

-60

0.5%

578.69

-37

0.4%

579.14

-23

0.4%

592.42

-60

0.4%

597.00

-40

0.3%

586.30

-20

0.2%

570.70

-20

0.1%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Sources of Fund
Equity
Paid up Capital	400,000	400,000	400,000	0	0.00%
Reserves and Surplus	-39,323	-17,590	-4,706	0	-123.56%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	360,677	382,410	395,294	0	-5.68%
Non Current Liabilities
Financial Liabilities	690,671	697,547	547,935	0	-0.99%
Other Non Current Liabilities	0.00	0.00	0.00	0	-
Total Non Current Liabilities	690,671	697,547	547,935	0	-0.99%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	3,093	1,603	43,146	0	+92.88%
Capital Work In Progress	0.00	0.00	1032678.82	0	-
Intangible Assets	1,114,123	1,148,703	0	0	-3.01%
Financial Assets (Investments)	0.00	0.00	50.00	0	-
Other Non Current Assets	50.00	50.00	0.00	0	0.00%
Total Non Current Assets	1,117,266	1,150,356	1,075,875	0	-2.88%
Current Assets
Receivables	14,410	12,673	0	0	+13.71%
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	13,741	10,826	148	0	+26.92%
Financial Assets	19,733	35,642	32,266	0	-44.64%
Other Current Assets	2.25	4868.56	6413.31	0	-99.95%
Total Current Assets (A)	47,886	64,010	38,827	0	-25.19%
Current Liabilities
Financial Liabilities	690,671	697,547	547,935	0	-0.99%
Payables	65,603	79,224	106,251	0	-17.19%
Other Current Liabilities	401.77	1884.66	1122.73	0	-78.68%
Total Current Liabilities (B)	113,804	134,409	171,473	0	-15.33%
Net Current Assets (A-B)	-65,918	-70,399	-132,646	0	+6.36%

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	414	+0.91	+0.22%	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	265.9	-2.09	-0.78%	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	363	-11	-2.94%	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	256.6	-1.39	-0.54%	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	330	-1.89	-0.57%	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	321.2	-1.48	-0.46%	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	323	+1	+0.31%	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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BGWT	556	-1	-0.18%	0	0.19	112.67	13.69	0.29	11.16	11.9	173.69	9.23	43.93	8.91	67.47	3.27	55.13	52.7	13.69	8.15	8.69%	12.92	10.39	11.08%	88.19
BHCL	489	-4.99	-1.01%	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	-3.48	-0.81%	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	208.9	-1.09	-0.52%	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	497	-2	-0.4%	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	694	-10	-1.42%	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	286.2	-4.8	-1.65%	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	650	-3	-0.46%	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	584.8	-0.29	-0.05%	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	486	-6	-1.22%	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	268	-2	-0.74%	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
DHEL	584.9	+8.93	+1.55%	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	290	-2.99	-1.02%	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	247	-7.01	-2.76%	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	344	0	0%	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	228	-0.5	-0.22%	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	256.9	-0.49	-0.19%	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	482	+1.78	+0.37%	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	208	-1.91	-0.91%	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	400.3	-2.03	-0.59%	0.01	0.105	95.33	7.45	3.35	3.62	3.31	114.77	89.54	8.75	9.679	-152.64	2.243	309.62	50.509	7.38	1.92	1.89%	8.16	5.45	3.5%	94.69
MED	337	-1.69	-0.49%	0.01	0.1	95.07	2.55	1.09	2.92	2.79	121.64	58.62	15.94	5.55	53.4	0.76	49.15	48.01	2.53	1.89	1.85%	7.44	4.09	4.04%	99.99
MAX	828	8.93	1.55%	0.05	0.19	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	8.15	8.69%	13.76	60.96	22.15%	101.05
MIN	208	-11	-2.94%	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