Molung Hydropower Company Limited

HydroPowerLow Cap

NPR 330.00

NPR -5-1.49%

09:14 AM NPT · Jun 29, 2026

Est. 2067-01-31 B.S. (Converted to Public Company before NEPSE listing) · Okhaldhunga District, Nepal (Corporate communication via official website)

Molung Hydropower Company Limited is a Nepalese independent power producer that owns and operates the 7 MW Molung Khola Hydropower Project, located in Okhaldhunga District, on the Molung River.Established on 31 Baisakh 2067 B.S. (14 May 2010), MHCL later obtained its generation license on 02 Ashoj 2071 B.S. (20 September 2019), providing it the legal permit to generate and supply electricity to the national grid under a long-term Power Purchase Agreement (PPA). Since 12 Chaitra 2074 B.S. (around March 2018), the plant has been operational, delivering run-of-river hydropower to help meet Nepal’s energy demand. As a listed company on the Nepal Stock Exchange (NEPSE) under the ticker symbol “MHCL,” Molung Hydropower offers investors exposure to Nepal’s hydropower sector infrastructure. The company has 8,025,000 outstanding shares with a paid-up capital of NPR 802.5 million. In recent years, MHCL has faced financial headwinds for example, a quarterly report indicated a net loss, though improved power-sales helped reduce the loss compared to previous years. The fluctuations are partly due to hydrology-dependence (river flow variability), which affects electricity generation in run-of-river projects like Molung. Despite these challenges, MHCL remains a modest but strategic hydropower player, contributing to renewable energy generation and rural electrification potential, while offering shareholders a long-term stake in Nepal’s energy-infrastructure growth.

www.molunghydropower.com.np/

Trading

Open

350.00

High

350.00

Low

329.00

Prev Close

335.00

Volume

2,934

Turnover

Rs 989,770

Txns

Valuation · Q3 FY25/26

EPS Ann.

10.40

EPS TTM

7.44

BVPS

87.89

P/E Ann.

31.73

P/E TTM

44.35

Graham #

143.41

Capital

Mkt Cap

2.65 Arab

Total

80.25 Lakh

Public

27.29 Lakh

Promoter

52.97 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

23.6

ADX

31.45

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

345.76

SMA 50

350.38

Bands & Channels

BB Width %

6.4%

Volume & Flow

OBV

2,147,529

Flow Analysis

[ Live 2026-06-26 ]

Total Buy

16,190

Shares Bought

Total Sell

16,190

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 55%

Distribution 45%

Accumulators

Quantity

6,609

Amount

2,236,153

Avg Rate

338.35

Rank

#96

Brokers

#41#28#74

Distributors

Quantity

5,321

Amount

1,794,743

Avg Rate

337.29

Rank

#100

Brokers

#42#16#21

Net Flow Impact:

+1,288units

(Rs. 441,410)

Net Flow by Timeframe

MHCL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 26,065 ]

Buy Side

Total: 12,337

Broker

QTY

AVG

NET

4,181

339.50

+4,131

25.8%

1,268

337.45

+992

7.8%

1,160

335.19

+1,150

7.2%

826

336.05

+766

5.1%

800

336.60

+800

4.9%

740

340.55

+250

4.6%

715

338.63

+300

4.4%

665

339.06

+635

4.1%

400

339.20

+380

2.5%

310

336.98

+210

1.9%

305

337.05

+295

1.9%

260

337.43

+260

1.6%

257

337.89

+247

1.6%

250

336.90

+240

1.5%

200

337.00

+200

1.2%

Sell Side

Total: 13,728

Broker

QTY

AVG

NET

2,161

337.72

-1,974

13.3%

1,743

337.34

-333

10.8%

1,640

338.78

-1,332

10.1%

1,520

335.09

-1,520

9.4%

1,434

339.31

-1,044

8.9%

1,070

340.93

-1,070

6.6%

1,010

341.13

-970

6.2%

768

339.15

-768

4.7%

580

336.09

-580

3.6%

420

337.98

-420

2.6%

395

339.94

-361

2.4%

343

336.53

-343

2.1%

269

340.13

-259

1.7%

200

335.21

-200

1.2%

175

338.80

-9

1.1%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Sources of Fund
Equity
Paid up Capital	802,500	802,500	802,500	0	0.00%
Reserves and Surplus	-97,183	-157,081	-180,356	0	+38.13%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	705,317	645,419	622,144	0	+9.28%
Non Current Liabilities
Financial Liabilities	416,933	523,787	584,322	0	-20.40%
Other Non Current Liabilities	0.00	0.00	0.00	0	-
Total Non Current Liabilities	416,933	523,787	584,322	0	-20.40%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	3,743	2,899	3,294	0	+29.13%
Capital Work In Progress	0.00	0.00	0.00	0	-
Intangible Assets	1,039,979	1,076,068	1,114,106	0	-3.35%
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	1,043,722	1,078,967	1,117,400	0	-3.27%
Current Assets
Receivables	0.00	0.00	0.00	0	-
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	8,281	10,407	9,851	0	-20.43%
Financial Assets	0.00	0.00	0.00	0	-
Other Current Assets	84,801	82,956	82,492	0	+2.22%
Total Current Assets (A)	93,081	93,363	92,342	0	-0.30%
Current Liabilities
Financial Liabilities	416,933	523,787	584,322	0	-20.40%
Payables	0.00	0.00	0.00	0	-
Other Current Liabilities	1,857	3,124	3,276	0	-40.57%
Total Current Liabilities (B)	14,553	3,124	3,276	0	+365.79%
Net Current Assets (A-B)	78,528	90,238	89,066	0	-12.98%

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