Mountain Energy Nepal Limited

HydroPowerHigh Cap

NPR 614.00

NPR +3.2+0.52%

09:14 AM NPT · Aug 12, 2026

Est. 2064 · Sunrise Bizz Park, 3rd Floor, Dillibazar, Kathmandu, Nepal

Mountain Energy Nepal Limited (MENL) is a leading independent power producer (IPP) engaged in the development, construction, and operation of hydropower projects across Nepal. Established with a mission to harness the country’s abundant water resources, the company focuses on generating clean, reliable, and sustainable energy that supports Nepal’s growing electricity demand and long-term energy security. MENL operates several strategically important run-of-river hydropower projects, including the Lower Hewa Khola Hydropower Project (15 MW) and the Hewa Khola “A” Hydropower Project (14.9 MW), both of which contribute significantly to the national grid. The company emphasizes engineering excellence, environmental stewardship, and strict adherence to regulatory standards under the Department of Electricity Development (DoED). With strong governance, robust technical capacity, and dedicated project management teams, Mountain Energy Nepal Limited collaborates closely with local communities, government agencies, and financial institutions to ensure responsible hydropower development. The company is committed to delivering long-term value to its shareholders while promoting socio-economic growth in project-affected regions through infrastructure support and community engagement initiatives. By prioritizing sustainability, operational efficiency, and innovation, MENL continues to strengthen its position as one of Nepal’s most reliable and forward-looking hydropower developers.

www.mountainenergy.com.np/

Trading

Open

641.00

High

641.00

Low

610.90

Prev Close

610.80

Volume

67,448

Turnover

Rs 41,318,860.3

Txns

Valuation · Q3 FY25/26

EPS Ann.

22.52

EPS TTM

22.14

BVPS

142.24

P/E Ann.

27.26

P/E TTM

27.73

Graham #

268.46

Capital

Mkt Cap

15.98 Arab

Total

2.6 Crore

Public

2.6 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Sell

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

72.33

ADX

36.14

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

597.52

SMA 50

588.39

Bands & Channels

BB Width %

5.84%

Volume & Flow

OBV

6,694,811

Flow Analysis

[ Live 2026-08-12 ]

Total Buy

279,597

Shares Bought

Total Sell

279,597

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 58%

Distribution 42%

Accumulators

Quantity

135,151

Amount

81,708,027

Avg Rate

604.57

Rank

#10

Brokers

#92#16#58#33

Distributors

Quantity

98,834

Amount

59,680,528

Avg Rate

603.85

Rank

#14

Brokers

#64#94#57#80#34

Net Flow Impact:

+36,317units

(Rs. 22,027,499)

Net Flow by Timeframe

MEN — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 377,784 ]

Buy Side

Total: 207,368

Broker

QTY

AVG

NET

68,135

604.24

+67,635

24.4%

36,492

606.47

+34,942

13.1%

19,459

605.00

+11,869

7.0%

13,955

609.09

+7,089

5.0%

11,065

599.56

+10,776

4.0%

10,673

607.88

+9,623

3.8%

8,140

611.37

+2,980

2.9%

7,660

604.45

+2,160

2.7%

6,031

605.42

+3,102

2.2%

5,435

610.59

+2,868

1.9%

5,335

607.41

+4,818

1.9%

4,488

609.84

+1,498

1.6%

4,400

607.98

+2,353

1.6%

3,100

607.74

+2,760

1.1%

3,000

606.00

+2,793

1.1%

Sell Side

Total: 170,416

Broker

QTY

AVG

NET

33,982

598.67

-33,497

12.2%

18,354

601.17

-17,246

6.6%

18,295

607.38

-17,595

6.5%

16,107

610.17

-14,905

5.8%

13,218

610.33

-8,309

4.7%

12,096

608.69

-8,803

4.3%

9,104

604.45

-8,444

3.3%

7,556

609.23

-5,140

2.7%

7,030

606.28

-3,535

2.5%

6,343

606.02

-5,475

2.3%

6,000

611.76

-6,000

2.1%

5,995

607.61

-1,071

2.1%

5,751

610.50

-948

2.1%

5,668

608.76

-5,114

2.0%

4,917

598.04

-4,547

1.8%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Sources of Fund
Equity
Paid up Capital	3,123,259	2,602,716	2,263,231	0	+20.00%
Reserves and Surplus	1,319,225	1,193,926	1,170,438	0	+10.49%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	4,442,483	3,796,642	3,433,669	0	+17.01%
Non Current Liabilities
Financial Liabilities	2,326,012	2,775,852	3,177,377	0	-16.21%
Other Non Current Liabilities	44,307	37,389	0	0	+18.50%
Total Non Current Liabilities	2,370,319	2,813,242	3,177,377	0	-15.74%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	23,218	27,065	28,086	0	-14.22%
Capital Work In Progress	76,876	90,457	76,350	0	-15.01%
Intangible Assets	5,331,683	5,577,697	5,850,265	0	-4.41%
Financial Assets (Investments)	469,348	0	0	0	-
Other Non Current Assets	0.00	0.00	2782.86	0	-
Total Non Current Assets	5,901,125	5,695,219	5,957,484	0	+3.62%
Current Assets
Receivables	999,445	955,808	744,778	0	+4.57%
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	353,012	348,137	275,516	0	+1.40%
Financial Assets	10,925	30,764	25,661	0	-64.49%
Other Current Assets	153,652	42,172	35,246	0	+264.34%
Total Current Assets (A)	1,517,035	1,376,882	1,081,202	0	+10.18%
Current Liabilities
Financial Liabilities	2,326,012	2,775,852	3,177,377	0	-16.21%
Payables	93,805	57,764	70,852	0	+62.39%
Other Current Liabilities	0.00	0.00	0.00	0	-
Total Current Liabilities (B)	605,356	462,217	427,639	0	+30.97%
Net Current Assets (A-B)	911,678	914,664	653,563	0	-0.33%

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)	P/E (TTM)	P/S	Quick Ratio	ROA (Annualized)	ROA (TTM)%	ROCE	ROE (Annualized)	ROE (TTM)%	Tax Burden
AHL	416.5	-0.5	-0.12%	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	-0.21	-0.08%	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	363.8	-1.2	-0.33%	0.01	0.09	92.42	2.95	0.38	2.56	2.28	68.86	47.65	22.22	5.79	156.88	181.14	62.12	2.95	1.96	1.75%	7.44	2.8	2.5%	100
AKPL	252	-2.29	-0.9%	0.01	0.1	103.42	0.87	0.85	4.92	7.23	129.71	55.12	28.85	3.58	56.5	36.93	28.98	0.87	2.8	4.12%	9.41	4.92	7.24%	97.9
APHL	815	-15.02	-1.81%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
API	331	-1	-0.3%	0.02	0.12	115.32	0.26	1.19	13.76	11.48	172.59	29.36	50.48	4.03	25.31	30.31	22.7	0.26	5.89	4.91%	13.73	12.51	10.44%	85.97
APPOLO	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BARUN	317.5	-1.6	-0.5%	0	0.08	107.72	12.05	0.23	2.01	2.96	84.7	45.66	22.49	4.58	184.03	114.86	73.5	12.05	1.85	2.73%	5.24	2.48	3.66%	100
BEDC	316	-2	-0.63%	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	537.6	-7.41	-1.36%	0	0.19	112.67	13.69	0.29	11.16	11.9	173.69	9.23	43.93	8.91	67.47	55.13	52.7	13.69	8.15	8.69%	12.92	10.39	11.08%	88.19
BHCL	493	+2.99	+0.61%	0.01	0.15	109.64	5.1	0.29	10.43	11.11	165.55	17.6	51.48	6.77	53.4	53.47	48.86	5.1	7.92	8.44%	12.45	13	13.85%	97.02
BHDC	428.5	+0.39	+0.09%	0.01	0.16	117.43	2.91	1.09	13.22	9.42	157.76	46.51	33.32	5.55	36.97	49.15	21.89	2.91	5.39	3.84%	13.43	11.89	8.46%	99.99
BHL	207.7	-0.29	-0.14%	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	485	-14.02	-2.81%	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	684	+3	+0.44%	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	281.6	-2.9	-1.02%	0	0.15	84.3	0.6	2.94	7.78	0.05	9.74	101.79	15.94	5.58	45.37	6,676	12.86	0.6	2.31	0.01%	13.59	9.29	0.05%	100
BPCL	655	+8.02	+1.24%	0.02	0.11	210.33	6.81	0.09	11.71	9.24	209.11	3.43	48.06	4.53	61.05	73.58	52.17	6.45	5.05	3.99%	6.51	5.6	4.42%	81.76
BUNGAL	588	-3.01	-0.51%	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	481	-1.01	-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	264	-3.29	-1.23%	0	0.14	85.09	2.22	1.03	3.25	1.21	48.13	85.57	13.54	4.69	92	240.5	22.12	2.17	1.89	0.7%	10.45	5.8	2.16%	100.94
CKHL	609	+10	+1.67%	0	0.11	90.17	0.42	2.23	4.3	0.65	36.31	75.54	12.75	10.56	166.05	1,023.08	37.64	0.42	1.44	0.21%	10.27	4.63	0.69%	100
DHEL	602	-12.98	-2.11%	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	283	-6.99	-2.41%	0	0.13	5.06	0.15	55.11	2.92	1.06	10.99	100.65	7.86	82.71	107.5	284.91	15.02	0.15	1	0.36%	13.76	60.96	22.15%	100
DOLTI	318	-0.99	-0.31%	0	0.1	58.54	0.94	2.25	0.83	-2.27	-	118.77	4.27	10.91	577.11	-154.19	43.89	0.94	0.43	-1.18%	9.4	1.39	-3.79%	100
DORDI	250	-1	-0.4%	0.01	0.08	105.5	5.6	0.68	0.83	-0.88	-	71.37	6.37	3.72	354.22	-311.14	40.16	5.44	0.51	-0.53%	6.24	1.12	-1.19%	101.05
EHPL	336	-0.2	-0.06%	0	0.14	77.73	2.59	1.27	6.42	4.37	87.42	54.08	25.2	7.24	65.73	88.76	29.44	2.59	3.61	2.45%	13.16	8.48	5.77%	97.99
GHL	229.4	-0.6	-0.26%	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	257.2	-1.01	-0.39%	0	0.09	111.36	0.02	4.66	2.18	2.61	80.87	0.39	4.09	3.36	128.9	101.53	9.38	0.02	0.36	0.43%	0.36	1.97	2.37%	100
GVL	481	+0.48	+0.1%	0.02	0.16	125.77	1.95	1.5	19.18	14.85	204.99	58.62	38.15	5.3	26.07	33	17.69	1.64	5.97	4.63%	10.15	16.12	12.49%	100

AVG	412.39	-1.95	-0.49%	0.01	0.108	95.93	7.4	3.43	3.94	3.46	110.41	88.95	14.09	9.903	-144.37	357.222	46.959	7.34	2.17	2.05%	8.58	5.84	3.7%	94.96
MED	349.9	-1.01	-0.32%	0	0.1	95.07	2.55	1.19	3.25	2.79	106.31	61.91	15.94	5.58	56.5	53.47	43.89	2.53	1.89	1.85%	7.73	4.63	4.04%	100
MAX	815	10	1.67%	0.05	0.19	210.33	48.25	55.11	19.18	14.85	209.11	297.83	58.34	82.71	577.11	6,676	133.23	48.25	8.15	8.69%	13.76	60.96	22.15%	101.05
MIN	207.7	-15.02	-2.81%	0	0.04	5.06	0.02	0.04	-19.31	-13.75	9.74	0.39	-94.75	3.36	-3,866.67	-311.14	9.38	0.02	-5.08	-3.62%	0.36	-24.52	-17.46%	72.57