Makar Jitumaya Suri Hydropower Limited

HydroPowerMid Cap

NPR 425.00

NPR -4.8-1.12%

09:14 AM NPT · Aug 10, 2026

Est. 2008 · Kathmandu Metropolitan City-11, Kathmandu, Bagmati Province, Nepal · CEO: Bikash Khanal

Makar Jitumaya Suri Hydropower Limited was established under the Company Act 2053 and registered with the Department of Industries in B.S. 2065, later transforming into a public limited company in B.S. 2075. The company is developing two run-of-river hydropower projects in Gaurishankar Rural Municipality, Dolakha—the 6.4 MW Suri Khola Hydropower Project and the 7 MW Upper Suri Khola Hydropower Project. Both projects are being executed in coordination with the Ministry of Energy and the Department of Electricity Development (DoED), with active involvement of the local community. The company aims to accelerate hydropower development and contribute to Nepal’s national economy through clean and sustainable energy generation. The 6.4 MW Suri Khola Hydropower Project received its survey license in 2065-10-09 and generation license in 2071-02-24, while the 7 MW Upper Suri Khola Hydropower Project is designed with a gross head of 422 meters, featuring a multistage water-conveyance system and power evacuation through an 11 km, 33 kV transmission line to the proposed Singati substation. Both projects lie within the Suri Khola corridor, accessible via a 12 km earthen road from Singati, and are strategically positioned to supply clean hydropower to Nepal’s growing energy grid.

www.mjshydropower.com.np/

Trading

Open

430.00

High

433.90

Low

425.00

Prev Close

429.80

Volume

18,200

Turnover

Rs 7,757,895.4

Txns

Valuation · Q3 FY25/26

EPS Ann.

15.28

EPS TTM

10.65

BVPS

115.79

P/E Ann.

27.81

P/E TTM

39.91

Graham #

199.52

Capital

Mkt Cap

3.23 Arab

Total

76.0 Lakh

Public

15.2 Lakh

Promoter

60.8 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Moderate

Momentum

RSI (14)

8.33

ADX

20.82

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

449.14

SMA 50

468.33

Bands & Channels

BB Width %

14.62%

Volume & Flow

OBV

1,176,856

Flow Analysis

[ Live 2026-08-10 ]

Total Buy

81,894

Shares Bought

Total Sell

81,894

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 38%

Distribution 62%

Accumulators

Quantity

24,729

Amount

10,703,931

Avg Rate

432.85

Rank

#54

Brokers

#42#80#64#69#35

Distributors

Quantity

39,763

Amount

17,201,006

Avg Rate

432.59

Rank

#40

Brokers

#38#41#17

Net Flow Impact:

-15,034units

(Rs. -6,497,075)

Net Flow by Timeframe

MAKAR — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 112,164 ]

Buy Side

Total: 46,842

Broker

QTY

AVG

NET

8,009

429.46

+7,810

9.8%

5,500

431.10

+5,490

6.7%

5,137

434.42

+558

6.3%

5,000

434.85

+5,000

6.1%

3,170

438.00

+2,810

3.9%

3,050

436.28

+3,050

3.7%

2,651

429.84

+2,641

3.2%

2,545

430.56

+1,345

3.1%

2,485

433.96

+2,465

3.0%

1,900

431.43

+790

2.3%

1,600

445.35

+1,580

1.9%

1,540

438.75

+1,540

1.9%

1,525

425.83

+525

1.9%

1,420

433.07

+830

1.7%

1,310

430.07

+1,250

1.6%

Sell Side

Total: 65,322

Broker

QTY

AVG

NET

20,983

431.69

-18,140

25.6%

11,250

431.75

-9,613

13.7%

7,530

436.33

-7,510

9.2%

7,139

428.21

-2,736

8.7%

3,040

437.45

-2,990

3.7%

2,736

432.95

-535

3.3%

2,160

425.12

-1,900

2.6%

1,480

430.61

-1,480

1.8%

1,440

436.02

-290

1.8%

1,370

432.88

-989

1.7%

1,355

436.76

-252

1.6%

1,350

434.47

-550

1.6%

1,322

434.94

-567

1.6%

1,207

426.09

-48

1.5%

960

436.90

-660

1.2%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Sources of Fund
Equity
Paid up Capital	760,000	760,000	760,000	0	0.00%
Reserves and Surplus	119,974	41,855	-38,198	0	+186.64%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	879,974	801,855	721,802	0	+9.74%
Non Current Liabilities
Financial Liabilities	1,820,473	1,999,174	2,047,274	0	-8.94%
Other Non Current Liabilities	13,516	0	0	0	-
Total Non Current Liabilities	1,833,989	1,999,174	2,047,274	0	-8.26%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	2,445	3,787	7,107	0	-35.45%
Capital Work In Progress	0.00	0.00	0.00	0	-
Intangible Assets	2,567,637	2,651,722	2,681,247	0	-3.17%
Financial Assets (Investments)	0.00	0.00	0.00	0	-
Other Non Current Assets	0.00	0.00	0.00	0	-
Total Non Current Assets	2,570,082	2,655,509	2,688,354	0	-3.22%
Current Assets
Receivables	0.00	0.00	0.00	0	-
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	83,414	98,059	32,157	0	-14.93%
Financial Assets	59,458	49,708	55,254	0	+19.61%
Other Current Assets	6,080	1,789	3,571	0	+239.94%
Total Current Assets (A)	148,952	149,556	90,982	0	-0.40%
Current Liabilities
Financial Liabilities	1,820,473	1,999,174	2,047,274	0	-8.94%
Payables	256.22	412.50	291.12	0	-37.89%
Other Current Liabilities	4,815	3,623	9,969	0	+32.89%
Total Current Liabilities (B)	5,071	4,035	10,260	0	+25.66%
Net Current Assets (A-B)	143,882	145,520	80,722	0	-1.13%

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	410	-4.02	-0.97%	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	-0.9	-0.34%	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	366.9	+4.82	+1.33%	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	254.7	-1.9	-0.74%	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	328.5	-1.48	-0.45%	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	318.7	-2.51	-0.78%	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	319.1	-3.91	-1.21%	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	548	-8.01	-1.44%	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	490	+0.98	+0.2%	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	0	0%	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	206.9	-2.01	-0.96%	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	482.5	-14.51	-2.92%	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	670	-24.01	-3.46%	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	282	-4.21	-1.47%	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	649.8	-0.19	-0.03%	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	-0.82	-0.14%	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	484	-1.99	-0.41%	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	267.9	-0.11	-0.04%	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	581	-2.98	-0.51%	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	620	+35.09	+6%	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	288	-2	-0.69%	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	249.9	+2.89	+1.17%	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	339	-4.99	-1.45%	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	229.8	+1.8	+0.79%	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	257.6	+0.69	+0.27%	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	480	-1.98	-0.41%	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	412.4	-1.29	-0.31%	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	352.95	-1.69	-0.41%	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	828	35.09	6%	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	206.9	-24.01	-3.46%	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