Himalayan Power Partner Ltd.

HydroPowerHigh Cap

NPR 414.00

NPR -1-0.24%

09:14 AM NPT · Nov 6, 2026

Est. 2061 B.S. · Maharajgunj, Kathmandu, Nepal · CEO: Upasana Poudel

Himal Power Limited (HPL) is one of Nepal’s pioneering private-sector power developers, best known for owning and operating the Khimti I Hydropower Project, the first large-scale private hydropower project in the country built under the Build–Own–Operate–Transfer (BOOT) model. The project marked a major milestone in Nepal’s energy sector by introducing international-standard project financing, engineering, and operation practices. Established in 1993, HPL was formed as a joint venture between Butwal Power Company (BPC), Statkraft SF, Alstom Power a.s. (formerly ABB Kraft), and GE Energy a.s. (formerly Kværner Energy). Over time, the shareholding structure evolved, and today the company is owned by Statkraft, Enivy AS (formerly BKK), and Butwal Power Company (BPC)—reflecting a strong blend of international hydropower expertise and local industry leadership. Through the Khimti I project, HPL has played an instrumental role in enabling Nepal to modernize its hydropower development framework, attract foreign investment, and expand renewable energy capacity. The company continues to contribute significantly to Nepal’s power generation, technological advancement, and energy security.

hpl.com.np/welcome/

Trading

Open

415.00

High

419.80

Low

408.30

Prev Close

415.00

Volume

111,350

Turnover

Rs 46,031,534.8

Txns

Valuation · Q4 FY25/26

EPS Ann.

12.57

EPS TTM

12.57

BVPS

130.56

P/E Ann.

32.94

P/E TTM

32.94

Graham #

192.16

Capital

Mkt Cap

6.47 Arab

Total

1.56 Crore

Public

1.56 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Sell

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

63.38

ADX

57.06

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

405.5

SMA 50

387.87

Bands & Channels

BB Width %

12.86%

Volume & Flow

OBV

16,094,492

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

829,323

Shares Bought

Total Sell

829,323

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 51%

Distribution 49%

Accumulators

Quantity

279,417

Amount

116,698,131

Avg Rate

417.65

Rank

#10

Brokers

#45#33#84

Distributors

Quantity

270,147

Amount

112,381,644

Avg Rate

416.00

Rank

#10

Brokers

#16#42#58#6#43#74

Net Flow Impact:

+9,270units

(Rs. 4,316,487)

Net Flow by Timeframe

HPPL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 991,976 ]

Buy Side

Total: 567,300

Broker

QTY

AVG

NET

154,901

419.73

+136,819

18.7%

74,771

415.88

+55,681

9.0%

65,317

417.64

+15,027

7.9%

49,745

413.81

+32,837

6.0%

45,895

419.45

+28,905

5.5%

30,481

415.92

+2,988

3.7%

28,683

423.04

+21,133

3.5%

28,408

416.34

+11,315

3.4%

20,415

416.03

+17,640

2.5%

15,926

414.61

+1,365

1.9%

13,928

417.39

+7,771

1.7%

101

11,250

419.57

+3,100

1.4%

10,420

416.06

+8,478

1.3%

9,060

420.27

+867

1.1%

8,100

418.95

+5,375

1.0%

Sell Side

Total: 424,676

Broker

QTY

AVG

NET

62,077

415.50

-56,877

7.5%

53,628

416.83

-28,830

6.5%

49,276

416.63

-29,368

5.9%

47,687

416.97

-38,485

5.8%

29,648

414.28

-23,453

3.6%

27,831

414.56

-18,528

3.4%

26,393

420.43

-15,218

3.2%

24,978

416.90

-5,457

3.0%

22,970

416.02

-11,274

2.8%

16,481

415.79

-6,731

2.0%

14,820

415.96

-8,540

1.8%

13,069

418.64

-4,240

1.6%

12,968

417.82

-8,756

1.6%

12,712

421.84

-7,512

1.5%

10,138

419.50

-7,929

1.2%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Sources of Fund
Equity
Paid up Capital	1,598,126	1,065,417	1,065,417	0	+50.00%
Reserves and Surplus	371,034	171,579	98,954	0	+116.25%
Other Equity	117,311	0	0	0	-
Total Equity	2,086,470	1,236,996	1,164,371	0	+68.67%
Non Current Liabilities
Financial Liabilities	2,922,380	4,037,373	4,180,917	0	-27.62%
Other Non Current Liabilities	5,000	0	0	0	-
Total Non Current Liabilities	2,927,380	4,037,373	4,180,917	0	-27.49%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	18,285	19,425	20,972	0	-5.87%
Capital Work In Progress	0.00	27.58	0.00	0	-100.00%
Intangible Assets	4,911,589	5,148,850	5,385,714	0	-4.61%
Financial Assets (Investments)	40,000	39,400	5,500	0	+1.52%
Other Non Current Assets	0.00	0.00	0.00	0	-
Total Non Current Assets	4,969,874	5,207,703	5,412,185	0	-4.57%
Current Assets
Receivables	441,221	248,395	140,202	0	+77.63%
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	24,625	14,336	1,548	0	+71.78%
Financial Assets	11,201	25,890	91,640	0	-56.74%
Other Current Assets	13,102	2,823	2,826	0	+364.14%
Total Current Assets (A)	490,150	291,443	236,216	0	+68.18%
Current Liabilities
Financial Liabilities	2,922,380	4,037,373	4,180,917	0	-27.62%
Payables	36,910	69,745	204,114	0	-47.08%
Other Current Liabilities	5,577	0	0	0	-
Total Current Liabilities (B)	446,174	224,778	303,114	0	+98.50%
Net Current Assets (A-B)	43,976	66,665	-66,898	0	-34.04%

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	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	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	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	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	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	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	-	-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	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	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	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
BHL	225	-0.5	-0.22%	0.01	0.13	81.22	1.8	1.96	7.72	7.72	118.78	24.48	2.51	26.42	0.16	28.15	6.47	1.72	3.23	3.23%	12.25	9.91	9.91%	83.13
BHPL	429	+8.21	+1.95%	0	0.08	50.03	1.14	1.86	-0.3	-0.3	-	-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	-	-	-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	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	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	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	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	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	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	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	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	-	-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	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	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

AVG	382.94	0.02	0.01%	0.01	0.1	97	4.91	2.56	2.97	4.32	111.24	10.58	5.374	-16.21	1.103	8.228	23.6	4.83	1.73	2.32%	7.45	5.67	7.45%	94.7
MED	335.85	0	0%	0	0.1	101.18	1.96	1.17	2.21	3.29	86.82	13.46	3.845	49.03	1.065	52.06	20.425	1.92	1.44	1.92%	7.38	2.83	3.3%	97.25
MAX	694	13.5	3.18%	0.03	0.16	210.87	47.9	33.09	15.06	15.06	216.07	61.66	32.82	365.4	3.06	355.17	56.64	47.9	7.51	7.51%	14.84	93.63	93.63%	109.6
MIN	225	-12	-1.7%	0	0.04	8.38	0.03	0.04	-17.41	-17.41	32.23	-89.33	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