Himalayan Power Partner Ltd.

HydroPowerMid Cap

NPR 357.00

NPR -3.5-0.97%

09:14 AM NPT · Jun 29, 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

355.10

High

359.00

Low

354.20

Prev Close

360.50

Volume

19,196

Turnover

Rs 6,835,843.1

Txns

Valuation · Q3 FY25/26

EPS Ann.

15.76

EPS TTM

13.21

BVPS

127.79

P/E Ann.

22.65

P/E TTM

27.02

Graham #

212.87

Capital

Mkt Cap

3.8 Arab

Total

1.07 Crore

Public

1.07 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Downtrend

Strength

Strong

Momentum

RSI (14)

29.1

ADX

28.36

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

368.67

SMA 50

376.09

Bands & Channels

BB Width %

Volume & Flow

OBV

13,683,084

Flow Analysis

[ Live 2026-06-29 ]

Total Buy

89,871

Shares Bought

Total Sell

89,871

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 64%

Distribution 36%

Accumulators

Quantity

41,266

Amount

14,888,143

Avg Rate

360.78

Rank

#40

Brokers

#85#65#34#52

Distributors

Quantity

22,804

Amount

8,190,560

Avg Rate

359.17

Rank

#57

Brokers

#32#35#42#57

Net Flow Impact:

+18,462units

(Rs. 6,697,583)

Net Flow by Timeframe

HPPL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 122,158 ]

Buy Side

Total: 64,815

Broker

QTY

AVG

NET

23,677

359.37

+23,677

26.4%

8,874

364.13

+4,839

9.9%

4,977

362.43

+4,967

5.5%

3,932

358.89

+2,932

4.4%

3,738

359.65

+3,408

4.2%

3,360

359.78

+2,423

3.7%

3,245

362.04

+1,344

3.6%

2,420

357.84

+1,580

2.7%

2,384

356.62

+2,190

2.6%

1,674

359.10

+164

1.9%

1,647

359.15

+1,507

1.8%

1,517

357.01

+1,047

1.7%

1,200

360.60

+970

1.3%

1,105

360.15

+1,105

1.2%

1,065

359.96

+925

1.2%

Sell Side

Total: 57,343

Broker

QTY

AVG

NET

6,542

357.94

-5,402

7.3%

6,540

359.98

-6,200

7.3%

5,867

358.81

-4,180

6.5%

4,550

362.62

-641

5.1%

4,300

359.59

-1,582

4.8%

3,855

360.43

-3,515

4.3%

3,584

361.12

-2,824

4.0%

3,357

364.03

-1,827

3.7%

3,155

358.40

-2,325

3.5%

2,960

359.15

-2,595

3.3%

2,925

362.33

-2,925

3.3%

2,573

360.42

-540

2.9%

2,430

362.36

-2,155

2.7%

2,370

360.23

-2,160

2.6%

2,335

361.75

-1,651

2.6%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Sources of Fund
Equity
Paid up Capital	1,065,417	1,065,417	1,065,417	0	0.00%
Reserves and Surplus	296,118	156,767	-204,763	0	+88.89%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	1,361,535	1,222,184	860,654	0	+11.40%
Non Current Liabilities
Financial Liabilities	3,626,088	4,054,640	4,188,652	0	-10.57%
Other Non Current Liabilities	0.00	0.00	0.00	0	-
Total Non Current Liabilities	3,626,088	4,054,640	4,188,652	0	-10.57%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	18,623	19,827	21,354	0	-6.07%
Capital Work In Progress	4,968,540	29	0	0	+17239803.75%
Intangible Assets	22.50	5212158.16	5095710.85	0	-100.00%
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	5,027,186	5,271,414	5,122,565	0	-4.63%
Current Assets
Receivables	355,330	203,869	92,547	0	+74.29%
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	14,761	1,743	3,122	0	+747.00%
Financial Assets	2,823	60,226	2,759	0	-95.31%
Other Current Assets	18,139	2,826	84,230	0	+541.81%
Total Current Assets (A)	391,053	268,664	182,659	0	+45.55%
Current Liabilities
Financial Liabilities	3,626,088	4,054,640	4,188,652	0	-10.57%
Payables	59,179	116,627	156,917	0	-49.26%
Other Current Liabilities	0.00	0.00	0.00	0	-
Total Current Liabilities (B)	430,615	263,253	255,917	0	+63.57%
Net Current Assets (A-B)	-39,562	5,411	-73,259	0	-831.17%

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	448	-20.62	-4.4%	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	262.2	-2.09	-0.79%	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	357.9	-4.71	-1.3%	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	254.1	-2.7	-1.05%	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	855	-20.04	-2.29%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
API	332.5	-4.41	-1.31%	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	319	-6.01	-1.85%	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	331.4	-11.1	-3.24%	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	604	+5.09	+0.85%	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	545	-13.69	-2.45%	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	440	-4	-0.9%	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	207.5	-2.69	-1.28%	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	505	-0.51	-0.1%	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	818	-7.01	-0.85%	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	313	-2.11	-0.67%	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	642	-12.9	-1.97%	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	671.5	+9.53	+1.44%	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	476	-1	-0.21%	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	260.9	-4.11	-1.55%	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
CKHL	600	-20.03	-3.23%	0	0.11	90.17	0.42	2.23	4.3	0.65	36.31	75.54	12.75	10.56	166.05	0.94	1,023.08	37.64	0.42	1.44	0.21%	10.27	4.63	0.69%	100
DHEL	582	-12.97	-2.18%	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	281.5	-3.51	-1.23%	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	336	-10	-2.89%	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	246	-2.01	-0.81%	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	378	-3.7	-0.97%	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	222	0	0%	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	251	-1.59	-0.63%	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	470	-7.59	-1.59%	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

AVG	428.91	-5.95	-1.34%	0.01	0.108	95.93	7.4	3.43	3.94	3.46	110.41	88.95	14.09	9.903	-144.37	2.166	357.222	46.959	7.34	2.17	2.05%	8.58	5.84	3.7%	94.96
MED	367.95	-4.05	-1.26%	0	0.1	95.07	2.55	1.19	3.25	2.79	106.31	61.91	15.94	5.58	56.5	0.79	53.47	43.89	2.53	1.89	1.85%	7.73	4.63	4.04%	100
MAX	855	9.53	1.44%	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	133.23	48.25	8.15	8.69%	13.76	60.96	22.15%	101.05
MIN	207.5	-20.62	-4.4%	0	0.04	5.06	0.02	0.04	-19.31	-13.75	9.74	0.39	-94.75	3.36	-3,866.67	0.01	-311.14	9.38	0.02	-5.08	-3.62%	0.36	-24.52	-17.46%	72.57