Mandu Hydropower Limited

HydroPowerHigh Cap

NPR 823.00

NPR +6.9+0.85%

09:12 AM NPT · Jun 26, 2026

Est. 2006 · RB Tower, 7th Floor, Lazimpat, Kathmandu, Nepal · CEO: Ms. Sophia Pandey

Mandu Hydropower Limited is a Nepali independent power producer (IPP) engaged in the development, construction, and operation of run-of-river hydropower projects. The company focuses on harnessing clean and renewable energy resources to support Nepal’s growing electricity demand and contribute to national energy security. Registered under Nepal’s Company Act, Mandu Hydropower operates with a commitment to environmental sustainability, efficient engineering, and responsible project execution. The company develops hydropower projects in coordination with the Department of Electricity Development (DoED), local governments, and community stakeholders to ensure long-term operational reliability and socio-economic benefits. With a focus on technical excellence, compliance, and value creation for investors, Mandu Hydropower Limited aims to play a significant role in strengthening Nepal’s hydroelectric capacity and supporting sustainable economic growth.

manduhydropower.com/

Trading

Open

812.60

High

828.00

Low

791.70

Prev Close

816.10

Volume

631

Turnover

Rs 509,345

Txns

Valuation · Q3 FY25/26

EPS Ann.

24.27

EPS TTM

11.49

BVPS

159.45

P/E Ann.

33.91

P/E TTM

71.63

Graham #

295.08

Capital

Mkt Cap

11.22 Arab

Total

1.36 Crore

Public

13.64 Lakh

Promoter

1.23 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Downtrend

Strength

Strong

Momentum

RSI (14)

56.57

ADX

29.38

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

822.41

SMA 50

819.48

Bands & Channels

BB Width %

3.2%

Volume & Flow

OBV

879,285

Flow Analysis

[ Live 2026-06-26 ]

Total Buy

7,838

Shares Bought

Total Sell

7,838

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 58%

Distribution 42%

Accumulators

Quantity

4,411

Amount

3,649,635

Avg Rate

827.39

Rank

#86

Brokers

#34#13

Distributors

Quantity

3,213

Amount

2,646,224

Avg Rate

823.60

Rank

#92

Brokers

#80#38#62#67

Net Flow Impact:

+1,198units

(Rs. 1,003,411)

Net Flow by Timeframe

MANDU — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 13,041 ]

Buy Side

Total: 7,218

Broker

QTY

AVG

NET

3,735

829.42

+3,725

47.6%

865

817.79

11.0%

676

816.18

+626

8.6%

500

815.40

+500

6.4%

320

800.75

+80

4.1%

240

815.97

+230

3.1%

183

817.07

+173

2.3%

160

852.92

+160

2.0%

130

816.09

+70

1.7%

125

820.00

+65

1.6%

808.20

+70

0.9%

830.00

+63

0.8%

846.00

+35

0.7%

819.00

+50

0.6%

821.88

+26

0.6%

Sell Side

Total: 5,823

Broker

QTY

AVG

NET

1,000

815.32

-1,000

12.8%

896

818.76

-866

11.4%

780

834.74

-770

9.9%

570

820.15

-525

7.3%

537

830.90

-537

6.8%

400

820.36

-390

5.1%

367

831.10

-342

4.7%

290

797.54

-30

3.7%

200

816.66

-190

2.5%

185

823.92

-165

2.4%

143

821.67

-143

1.8%

130

808.57

-130

1.7%

115

829.76

-115

1.5%

110

833.20

-110

1.4%

100

817.12

-39

1.3%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Sources of Fund
Equity
Paid up Capital	1,363,637	1,363,637	1,363,637	0	0.00%
Reserves and Surplus	640,071	458,072	422,988	0	+39.73%
Other Equity	170,598	170,598	170,598	0	0.00%
Total Equity	2,174,306	1,992,307	1,957,223	0	+9.14%
Non Current Liabilities
Financial Liabilities	2,895,619	2,249,712	2,059,014	0	+28.71%
Other Non Current Liabilities	0.00	0.00	0.00	0	-
Total Non Current Liabilities	2,895,619	2,249,712	2,059,014	0	+28.71%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	732.99	470.77	803.90	0	+55.70%
Capital Work In Progress	0.00	254567.12	0.00	0	-100.00%
Intangible Assets	4,383,483	3,405,539	3,545,829	0	+28.72%
Financial Assets (Investments)	400,000	400,000	400,000	0	0.00%
Other Non Current Assets	21,527	21,883	3,676	0	-1.63%
Total Non Current Assets	4,805,743	4,082,461	3,950,308	0	+17.72%
Current Assets
Receivables	112,993	1,216	107,325	0	+9189.61%
Inventories	4,723	39,961	40,779	0	-88.18%
Cash and Cash Equivalent	23,634	9,998	1,645	0	+136.38%
Financial Assets	0.00	0.00	0.00	0	-
Other Current Assets	347,379	484,573	13,587	0	-28.31%
Total Current Assets (A)	488,730	535,749	163,336	0	-8.78%
Current Liabilities
Financial Liabilities	2,895,619	2,249,712	2,059,014	0	+28.71%
Payables	117,168	373,093	11,030	0	-68.60%
Other Current Liabilities	7,381	3,098	4,567	0	+138.28%
Total Current Liabilities (B)	224,549	376,191	97,407	0	-40.31%
Net Current Assets (A-B)	264,181	159,558	65,929	0	+65.57%

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	468.6	-1.41	-0.3%	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	264.3	-0.8	-0.3%	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	362.6	-4.11	-1.12%	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	256.8	-1.11	-0.43%	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	875	-25.02	-2.78%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
API	336.9	+0.91	+0.27%	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	325	-4.01	-1.22%	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	342.5	-4.41	-1.27%	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	598.9	+18.91	+3.26%	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	558.7	+6.68	+1.21%	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	444	-3.99	-0.89%	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	210.2	-0.8	-0.38%	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	505.5	-3	-0.59%	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	825	-14.01	-1.67%	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	315.1	-2.99	-0.94%	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	654.9	+4.88	+0.75%	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	662	+4.01	+0.61%	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	477	-1.29	-0.27%	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	265	-2	-0.75%	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	620	-5	-0.8%	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	595	+3.02	+0.51%	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	285	+1.7	+0.6%	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	346	-4.91	-1.4%	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	248	-3.01	-1.2%	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	381.7	-1.3	-0.34%	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	-1.79	-0.8%	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	252.6	+0.6	+0.24%	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	477.6	-0.38	-0.08%	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	434.85	-1.59	-0.36%	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	372.15	-1.36	-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	875	18.91	3.26%	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	210.2	-25.02	-2.78%	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