Himalayan Distillery Limited

Manu.& Pro.Mid Cap

NPR 1,158.00

NPR +1+0.09%

09:14 AM NPT · May 13, 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.

www.himalayandistillery.com/facebook

Trading

Open

1,169.00

High

1,169.00

Low

1,150.00

Prev Close

1,157.00

Volume

22,343

Turnover

Rs 25,805,598

Txns

305

Valuation · Q2 FY25/26

EPS Ann.

24.31

EPS TTM

27.03

BVPS

120.87

P/E Ann.

47.63

P/E TTM

42.84

Graham #

257.12

Capital

Mkt Cap

35.59 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)

51.38

ADX

28.2

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

1155.93

SMA 50

1177.64

Bands & Channels

BB Width %

3.63%

Volume & Flow

OBV

608,531

Flow Analysis

[ Live 2026-05-13 ]

Total Buy

130,272

Shares Bought

Total Sell

130,272

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 40%

Distribution 60%

Accumulators

Quantity

34,681

Amount

40,218,100

Avg Rate

1159.66

Rank

Brokers

#39#42#53#82#45

Distributors

Quantity

52,701

Amount

60,986,629

Avg Rate

1157.22

Rank

Brokers

#49#58#56

Net Flow Impact:

-18,020units

(Rs. -20,768,530)

Net Flow by Timeframe

HDL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 155,198 ]

Buy Side

Total: 60,237

Broker

QTY

AVG

NET

10,984

1157.86

+7,050

8.4%

9,565

1160.48

+9,303

7.3%

5,852

1157.61

+2,722

4.5%

4,180

1167.81

+4,073

3.2%

4,100

1157.15

+3,837

3.1%

3,440

1161.04

+2,037

2.6%

3,372

1160.96

+617

2.6%

3,002

1158.73

+2,502

2.3%

2,834

1157.52

+2,259

2.2%

2,627

1162.93

+1,561

2.0%

2,605

1157.79

+1,013

2.0%

2,045

1165.44

+1,007

1.6%

1,961

1156.88

+1,669

1.5%

1,934

1158.91

+1,781

1.5%

1,736

1157.77

+638

1.3%

Sell Side

Total: 94,961

Broker

QTY

AVG

NET

23,903

1157.40

-18,233

18.4%

20,345

1159.13

-10,807

15.6%

9,180

1155.53

-1,942

7.0%

8,453

1152.11

-7,739

6.5%

4,582

1162.76

-1,141

3.5%

3,686

1158.50

-818

2.8%

3,089

1168.26

-922

2.4%

3,035

1150.95

-1,641

2.3%

3,011

1157.07

-2,254

2.3%

2,969

1165.51

-739

2.3%

2,886

1163.38

-335

2.2%

2,668

1166.63

-593

2.0%

2,597

1167.44

-2,597

2.0%

2,416

1161.29

-1,690

1.9%

2,141

1161.11

-1,261

1.6%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Non-current Assets
Intangible Assets	51,965,095	13,466,117	14,458,072	778,378	+285.90%
Property, Plant and Equipment	1,021,872,750	578,114,298	451,860,907	476,704,022	+76.76%
Investments	111,200,000	111,100,000	101,100,000	101,100,000	+0.09%
Prepayments	0.00	0.00	0.00	0.00	-
Advances	0.00	0.00	0.00	0.00	-
Deferred Tax Assets	0.00	0.00	0.00	0.00	-
Others Non-Current Assets	91,069,691	307,054,942	158,957,476	50,914,586	-70.34%
Total Non-Current Assets	1,276,107,536	1,009,735,357	726,376,455	629,496,986	+26.38%
Current Assets
Inventories	567,022,329	513,393,961	372,168,751	407,101,221	+10.45%
Trade Receivables	1,138,437,760	23,481,060	1,012,136,062	2,537,476,137	+4748.32%
Income Tax Receivable	0.00	0.00	0.00	0.00	-
Cash and Cash Equivalents	1,988,859,900	2,620,288,899	881,841,465	88,754,101	-24.10%
Other Current Assets	197,839,838	160,989,068	1,015,133,410	207,030,325	+22.89%
Total Current Assets	3,892,159,827	3,318,152,988	3,281,279,687	3,240,361,784	+17.30%
Total Assets	5,168,267,363	4,327,888,345	4,007,656,142	3,869,858,770	+19.42%
Equity And Liabilities
Equity
Paid Up Capital	3,688,082,175	3,073,401,812	2,672,523,315	2,429,566,650	+20.00%
Reserves and Surpluses	769,852,973	553,308,939	481,501,148	557,458,308	+39.14%
Non-Controlling Interest	0.00	0.00	0.00	0.00	-
Total Equity	4,457,935,148	3,626,710,751	3,154,024,463	2,987,024,958	+22.92%
Liabilities
Non-Current Liabilities
Retirement Benefit Obligation	0.00	0.00	0.00	7353871.00	-
Deferred Tax Liability	36,856,431	28,872,516	28,810,087	31,725,666	+27.65%
Borrowing	181,263,696	227,151,276	486,813,331	211,459,658	-20.20%
Provisions and Payables	8,791,415	1,253,599	1,220,441	0	+601.29%
Total Non-Current Liabilities	77,268,269	41,452,469	41,880,879	39,079,537	+86.40%
Current Liabilities
Borrowing	181,263,696	227,151,276	486,813,331	211,459,658	-20.20%
Trade Payables	203,312,877	173,461,941	120,666,421	285,711,577	+17.21%
Provisions and Payables	8,791,415	1,253,599	1,220,441	0	+601.29%
Income Tax Payables	0.00	0.00	0.00	0.00	-
Other Current Liabilities	239,695,959	257,858,308	203,050,607	346,583,040	-7.04%
Total Current Liabilities	633,063,947	659,725,124	811,750,800	843,754,275	-4.04%
Total Liabilities	710,332,216	701,177,593	853,631,679	882,833,812	+1.31%
Total Equity and Liabilities	5,168,267,364	4,327,888,344	4,007,656,142	3,869,858,770	+19.42%

Sector Peers — Manu.& Pro. (16)

Peer Comparison

Manu.& Pro. SECTOR — NEPAL

2025/2026 Q2

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	BVPS	C/D Ratio%	EPS (Annu.)	EPS (TTM)	Graham's No.	Int. Rate Spread%	NIM%	NPL%	NPM%	P/B	P/E (Annu.)	PEG	P/E (Latest)	P/E (TTM)	P/S	ROA (Annu.)%	ROA (TTM)%	ROE (Annu.)%	ROE (TTM)%
BNL	15,198	+398.12	+2.69%	0.03	0.73	3,026.11	-	32.09	-63.77	-	-	0%	-	0.65%	10.16	478.97	4.3	484.57	-243.85	12.61	0.48%	-0.95%	1.04%	-2.08%
BNT	11,895	+199.98	+1.71%	0.01	0.78	3,021.55	-	223.96	-291.85	-	-	0%	-	4.02%	7.81	52.65	0.25	52.6	-40.36	8.47	3.1%	-4.06%	6.98%	-9.11%
ECL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GCIL	419.9	+2.21	+0.53%	0.02	0.18	166.58	-	-10.54	-5.14	-	-	0%	-	-12.72%	5.16	-40.8	0	-39.04	-80.06	20.76	-2.34%	-1.14%	-6.24%	-3.04%
NLO	269.4	0	0%	-	1.34	507.62	-	48.25	-	-	-	0%	-	3.19%	1	5.27	0	5.58	0	0.67	4.28%	-	9.88%	-
OMPL	1,168	-12.04	-1.02%	0.01	0.14	97.93	-	-12.81	-	-	-	0%	-	-36.66%	27.06	-103.43	0	-101.48	0	151.69	-5.02%	-	-13.08%	-
RSML	3,724.9	-4.1	-0.11%	0.07	0.65	4,023.41	-	118.66	183.44	4,075.07	-	0%	-	2.86%	0	0	0.01	3.05	1.97	0	1.86%	2.89%	3.3%	5.13%
SAGAR	1,678	-11.83	-0.7%	0.01	0.1	128.34	-	-7.21	-	-	-	0%	-	-43.49%	30.64	-272.68	0	-273.93	0	474.88	-4.14%	-	-6.06%	-
SAIL	1,157.2	+23.25	+2.05%	0.02	0.6	110.63	-	1.92	-	-	-	0%	-	1.78%	20.34	585.94	0	716.15	0	41.77	1.06%	-	1.72%	-
SAPIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SARBTM	845	-3.99	-0.47%	0.04	0.54	188.92	-	20.61	24.91	325.4	-	0%	-	13.18%	9.26	42.46	0.37	41.59	34.41	22.4	7.08%	8.58%	11.24%	13.58%
SHIVM	677	0	0%	0.04	0.49	180.38	-	12.77	19.57	281.83	-	0%	-	11.52%	6.86	48.47	0.09	47.3	30.86	22.35	5.68%	8.72%	7.26%	11.13%
SONA	442	+5.11	+1.17%	0.01	0.24	191.42	-	3.09	5.72	156.96	-	0%	-	2.81%	4.47	138.48	0.98	136.44	73.71	15.57	0.66%	1.24%	1.64%	3.04%
SOPAN	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SYPNL	1,558.9	+68.84	+4.62%	0.02	0.44	109.64	-	1.2	-	-	-	0%	-	2.52%	25.72	1,175.08	0	1,588.33	0	118.35	1.08%	-	1.36%	-
UNL	46,500	+189.87	+0.41%	0.04	0.95	4,627.69	-	1,587.19	2,404.89	15,824.17	-	0%	-	19.31%	20.36	29.68	0.55	29.36	19.38	22.92	18.24%	27.65%	34.26%	51.91%

AVG	6,579.48	65.8	0.84%	0.03	0.552	1,260.02	-	155.32	284.72	4,132.69	-	0%	-	-2.39%	12.988	164.622	0.504	206.963	-15.688	70.188	2.46%	5.37%	4.1%	8.82%
MED	1,168	2.21	0.41%	0.02	0.54	188.92	-	12.77	12.65	325.4	-	0%	-	2.81%	9.26	42.46	0.01	41.59	0	22.35	1.08%	2.07%	1.72%	4.09%
MAX	46,500	398.12	4.62%	0.07	1.34	4,627.69	-	1,587.19	2,404.89	15,824.17	-	0%	-	19.31%	30.64	1,175.08	4.3	1,588.33	73.71	474.88	18.24%	27.65%	34.26%	51.91%
MIN	269.4	-12.04	-1.02%	0.01	0.1	97.93	-	-12.81	-291.85	156.96	-	0%	-	-43.49%	0	-272.68	0	-273.93	-243.85	0	-5.02%	-4.06%	-13.08%	-9.11%