Himalayan Distillery Limited

Manu.& Pro.Mid Cap

NPR 1,160.00

NPR +3+0.26%

07:20 AM NPT · May 15, 2026

Est. 1985 A.D. (Converted to public company on 2000-11-03) · Bhairahawa, Rupandehi, Nepal · CEO: Niraj Subedi

Himalayan Distillery Limited is one of Nepal’s oldest and most prominent liquor manufacturers. Founded in 1985 A.D., it was later converted into a public limited company on 3 November 2000 and listed on the Nepal Stock Exchange (NEPSE) in 2003.HDL specializes in producing and marketing a broad range of alcoholic beverages including whisky, rum, vodka, gin, brandy and other spirits covering both domestic demand and export-oriented segments. Over decades, the company has built a reputation for quality, leveraging modern distillation technologies and rigorous quality control. According to its latest annual report, HDL emphasizes high production standards, compliance with regulatory requirements, and sound corporate governance. HDL’s product portfolio includes several popular brands under various categories from standard spirits to premium whiskies catering to diverse market segments. The company describes its mission as producing and marketing quality alcoholic products responsibly and competitively, aiming to be “the most respected liquor company in Nepal in terms of products, service, profit and shareholder value.” In recent years, HDL has shown resilience: in the fiscal year 2081/82 (Nepali calendar), it proposed a 25% dividend (20% bonus shares + 5% cash dividend) for its shareholders.This reflects that despite industry and economic challenges, the company continues to generate returns for investors.HDL also maintains active corporate-social responsibility (CSR) and community-engagement activities: for instance, it has supported educational initiatives by funding charity schools through community trusts. Overall, Himalayan Distillery remains a key player in Nepal’s manufacturing and processing sector balancing legacy, production capacity, market reach, and stakeholder value among alcohol-sector firms.

Trading

Open

1,151.00

High

1,164.80

Low

1,151.00

Prev Close

1,157.00

Volume

8,568

Turnover

Rs 9,936,265.2

Txns

101

Valuation · Q2 FY25/26

EPS Ann.

24.31

EPS TTM

27.03

BVPS

120.87

P/E Ann.

47.72

P/E TTM

42.92

Graham #

257.12

Capital

Mkt Cap

35.65 Arab

Total

3.07 Crore

Public

1.29 Crore

Promoter

1.78 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

55.59

ADX

32.13

Overall Score

45
Below Line

Technical Score

Moving Averages

SMA 20

1154.79

SMA 50

1175.38

Bands & Channels

BB Width %

3.07%

Volume & Flow

OBV

590,240

Flow Analysis

[ Live 2026-05-14 ]

Total Buy

126,611

Shares Bought

Total Sell

126,611

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

82

Participating

ACCUM/DIST

Accumulation 38%

Distribution 62%

Accumulators

5

Quantity

32,100

Amount

37,249,184

Avg Rate

1160.41

Rank

#5

Brokers

#39#42#82#53#69

Distributors

4

Quantity

51,906

Amount

60,125,933

Avg Rate

1158.36

Rank

#4

Brokers

#49#58#56#22

Net Flow Impact:

-19,806units
(Rs. -22,876,749)

Net Flow by Timeframe

HDL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 147,262 ]

Buy Side

Total: 58,725

Broker

QTY

AVG

NET

%

42

10,167

1159.40

+5,655

8.0%

39

9,651

1160.44

+9,178

7.6%

82

4,900

1157.52

+4,637

3.9%

45

4,609

1159.74

+1,076

3.6%

53

4,380

1167.09

+4,275

3.5%

34

3,493

1160.94

+1,633

2.8%

21

3,329

1162.36

+1,333

2.6%

69

3,002

1158.73

+2,502

2.4%

47

2,601

1158.57

+1,009

2.0%

25

2,517

1163.55

+1,291

2.0%

36

2,308

1164.62

+820

1.8%

59

2,194

1159.59

+1,619

1.7%

33

1,942

1157.93

+1,650

1.5%

77

1,914

1159.01

+1,814

1.5%

6

1,718

1165.71

+626

1.4%

Sell Side

Total: 88,537

Broker

QTY

AVG

NET

%

58

18,907

1160.09

-10,257

14.9%

49

18,674

1159.49

-12,889

14.8%

56

10,369

1153.93

-9,640

8.2%

90

8,084

1156.97

-1,049

6.4%

57

4,650

1163.18

-1,419

3.7%

22

3,956

1156.39

-3,242

3.1%

32

3,886

1161.22

-1,040

3.1%

38

3,142

1164.93

-1,072

2.5%

17

2,809

1170.06

-122

2.2%

35

2,739

1161.83

-323

2.2%

19

2,732

1167.08

-809

2.2%

98

2,597

1167.44

-2,597

2.0%

48

2,306

1161.82

-1,635

1.8%

86

2,120

1153.44

-1,510

1.7%

50

1,566

1164.93

-446

1.2%

Financial Fundamentals

Financial MetricFY25/26 Q2FY24/25 Q2FY23/24 Q2FY22/23 Q2Growth %
Assets
Non-current Assets
Intangible Assets51,965,09513,466,11714,458,072778,378+285.90%
Property, Plant and Equipment1,021,872,750578,114,298451,860,907476,704,022+76.76%
Investments111,200,000111,100,000101,100,000101,100,000+0.09%
Prepayments0.000.000.000.00-
Advances0.000.000.000.00-
Deferred Tax Assets0.000.000.000.00-
Others Non-Current Assets91,069,691307,054,942158,957,47650,914,586-70.34%
Total Non-Current Assets1,276,107,5361,009,735,357726,376,455629,496,986+26.38%
Current Assets
Inventories567,022,329513,393,961372,168,751407,101,221+10.45%
Trade Receivables1,138,437,76023,481,0601,012,136,0622,537,476,137+4748.32%
Income Tax Receivable0.000.000.000.00-
Cash and Cash Equivalents1,988,859,9002,620,288,899881,841,46588,754,101-24.10%
Other Current Assets197,839,838160,989,0681,015,133,410207,030,325+22.89%
Total Current Assets3,892,159,8273,318,152,9883,281,279,6873,240,361,784+17.30%
Total Assets5,168,267,3634,327,888,3454,007,656,1423,869,858,770+19.42%
Equity And Liabilities
Equity
Paid Up Capital3,688,082,1753,073,401,8122,672,523,3152,429,566,650+20.00%
Reserves and Surpluses769,852,973553,308,939481,501,148557,458,308+39.14%
Non-Controlling Interest0.000.000.000.00-
Total Equity4,457,935,1483,626,710,7513,154,024,4632,987,024,958+22.92%
Liabilities
Non-Current Liabilities
Retirement Benefit Obligation0.000.000.007353871.00-
Deferred Tax Liability36,856,43128,872,51628,810,08731,725,666+27.65%
Borrowing181,263,696227,151,276486,813,331211,459,658-20.20%
Provisions and Payables8,791,4151,253,5991,220,4410+601.29%
Total Non-Current Liabilities77,268,26941,452,46941,880,87939,079,537+86.40%
Current Liabilities
Borrowing181,263,696227,151,276486,813,331211,459,658-20.20%
Trade Payables203,312,877173,461,941120,666,421285,711,577+17.21%
Provisions and Payables8,791,4151,253,5991,220,4410+601.29%
Income Tax Payables0.000.000.000.00-
Other Current Liabilities239,695,959257,858,308203,050,607346,583,040-7.04%
Total Current Liabilities633,063,947659,725,124811,750,800843,754,275-4.04%
Total Liabilities710,332,216701,177,593853,631,679882,833,812+1.31%
Total Equity and Liabilities5,168,267,3644,327,888,3444,007,656,1423,869,858,770+19.42%

Sector Peers — Manu.& Pro. (16)

Peer Comparison

Manu.& Pro. SECTOR — NEPAL

2025/2026 Q2

NPR/Millions

Statement

Highlight

TICKERMarket
Key Ratios
PriceChgChg%Mkt Cap (M)Asset TurnoverBVPSC/D Ratio%EPS (Annu.)EPS (TTM)Graham's No.Int. Rate Spread%NIM%NPL%NPM%P/BP/E (Annu.)PEGP/E (Latest)P/E (TTM)P/SROA (Annu.)%ROA (TTM)%ROE (Annu.)%ROE (TTM)%

BNL

15,198+398.12+2.69%0.030.733,026.11-32.09-63.77--0%-0.65%10.16478.974.3484.57-243.8512.610.48%-0.95%1.04%-2.08%

BNT

12,048.9+148.75+1.25%-0.783,021.55-223.96-291.85--0%-4.02%7.8152.650.2552.6-40.368.473.1%-4.06%6.98%-9.11%

ECL

------------------------

GCIL

415-2-0.48%-0.18166.58--10.54-5.14--0%--12.72%5.16-40.80-39.04-80.0620.76-2.34%-1.14%-6.24%-3.04%

NLO

269.400%-1.34507.62-48.25---0%-3.19%15.2705.5800.674.28%-9.88%-

OMPL

1,155+3+0.26%-0.1497.93--12.81---0%--36.66%27.06-103.430-101.480151.69-5.02%--13.08%-

RSML

3,743.5+53.5+1.45%-0.654,023.41-118.66183.444,075.07-0%-2.86%000.013.051.9701.86%2.89%3.3%5.13%

SAGAR

1,672-7.73-0.46%-0.1128.34--7.21---0%--43.49%30.64-272.680-273.930474.88-4.14%--6.06%-

SAIL

1,153-1.96-0.17%-0.6110.63-1.92---0%-1.78%20.34585.940716.15041.771.06%-1.72%-

SAPIL

------------------------

SARBTM

846+6.96+0.83%-0.54188.92-20.6124.91325.4-0%-13.18%9.2642.460.3741.5934.4122.47.08%8.58%11.24%13.58%

SHIVM

676.9+1.89+0.28%-0.49180.38-12.7719.57281.83-0%-11.52%6.8648.470.0947.330.8622.355.68%8.72%7.26%11.13%

SONA

439-1.41-0.32%-0.24191.42-3.095.72156.96-0%-2.81%4.47138.480.98136.4473.7115.570.66%1.24%1.64%3.04%

SOPAN

------------------------

SYPNL

1,545-17.03-1.09%-0.44109.64-1.2---0%-2.52%25.721,175.0801,588.330118.351.08%-1.36%-

UNL

46,55000%-0.954,627.69-1,587.192,404.8915,824.17-0%-19.31%20.3629.680.5529.3619.3822.9218.24%27.65%34.26%51.91%
AVG6,593.2144.780.33%0.030.5521,260.02-155.32284.724,132.69-0%--2.39%12.988164.6220.504206.963-15.68870.1882.46%5.37%4.1%8.82%
MED1,15500%0.030.54188.92-12.7712.65325.4-0%-2.81%9.2642.460.0141.59022.351.08%2.07%1.72%4.09%
MAX46,550398.122.69%0.031.344,627.69-1,587.192,404.8915,824.17-0%-19.31%30.641,175.084.31,588.3373.71474.8818.24%27.65%34.26%51.91%
MIN269.4-17.03-1.09%0.030.197.93--12.81-291.85156.96-0%--43.49%0-272.680-273.93-243.850-5.02%-4.06%-13.08%-9.11%

16

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum