Molung Hydropower Company Limited

HydroPowerLow Cap

NPR 283.50

NPR +1.5+0.53%

09:14 AM NPT · Nov 6, 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

284.00

High

287.80

Low

277.60

Prev Close

282.00

Volume

5,608

Turnover

Rs 1,579,932.1

Txns

Valuation · Q4 FY25/26

EPS Ann.

7.19

EPS TTM

7.19

BVPS

87.28

P/E Ann.

39.43

P/E TTM

39.43

Graham #

118.83

Capital

Mkt Cap

2.28 Arab

Total

80.25 Lakh

Public

80.25 Lakh

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

49.36

ADX

38.89

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

280.59

SMA 50

285.6

Bands & Channels

BB Width %

6.79%

Volume & Flow

OBV

2,173,463

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

21,030

Shares Bought

Total Sell

21,030

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 39%

Distribution 61%

Accumulators

Quantity

7,332

Amount

2,082,679

Avg Rate

284.05

Rank

#103

Brokers

#42#58

Distributors

Quantity

11,425

Amount

3,238,414

Avg Rate

283.45

Rank

#100

Brokers

#46#64#17#1

Net Flow Impact:

-4,093units

(Rs. -1,155,734)

Net Flow by Timeframe

MHCL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 36,885 ]

Buy Side

Total: 18,042

Broker

QTY

AVG

NET

3,821

284.96

+3,040

18.2%

3,511

283.07

+3,430

16.7%

1,955

284.14

+1,785

9.3%

1,610

284.68

+1,560

7.7%

1,049

285.53

+1,049

5.0%

1,020

285.16

+1,010

4.8%

984

285.11

+774

4.7%

920

283.00

+910

4.4%

840

286.12

+820

4.0%

640

286.84

+640

3.0%

620

279.13

+438

3.0%

450

284.18

+450

2.1%

280

284.97

+90

1.3%

182

284.68

+182

0.9%

160

284.49

+160

0.8%

Sell Side

Total: 18,843

Broker

QTY

AVG

NET

3,664

284.11

-3,569

17.4%

3,500

280.38

-3,500

16.6%

2,811

285.51

-2,806

13.4%

1,870

286.94

-495

8.9%

1,450

285.21

-1,320

6.9%

1,170

282.69

-565

5.6%

1,060

285.38

-913

5.0%

840

284.28

-840

4.0%

830

287.20

-830

4.0%

400

284.00

-400

1.9%

350

284.00

-350

1.7%

278

285.55

-256

1.3%

250

286.16

-250

1.2%

200

284.00

-109

0.9%

170

283.83

-170

0.8%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Sources of Fund
Equity
Paid up Capital	802,500	802,500	802,500	0	0.00%
Reserves and Surplus	-102,088	-159,954	-184,194	0	+36.18%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	700,412	642,546	618,306	0	+9.01%
Non Current Liabilities
Financial Liabilities	355,390	501,707	578,702	0	-29.16%
Other Non Current Liabilities	0.00	0.00	0.00	0	-
Total Non Current Liabilities	355,390	501,707	578,702	0	-29.16%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	3,996	2,894	3,246	0	+38.07%
Capital Work In Progress	0.00	0.00	0.00	0	-
Intangible Assets	1,038,589	1,066,059	1,107,609	0	-2.58%
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	1,042,585	1,068,953	1,110,854	0	-2.47%
Current Assets
Receivables	0.00	0.00	0.00	0	-
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	6,268	2,286	1,917	0	+174.20%
Financial Assets	0.00	0.00	0.00	0	-
Other Current Assets	88,550	96,694	94,244	0	-8.42%
Total Current Assets (A)	94,818	98,980	96,161	0	-4.21%
Current Liabilities
Financial Liabilities	355,390	501,707	578,702	0	-29.16%
Payables	0.00	0.00	0.00	0	-
Other Current Liabilities	8,238	5,281	3,213	0	+56.00%
Total Current Liabilities (B)	81,601	23,680	10,008	0	+244.60%
Net Current Assets (A-B)	13,217	75,300	86,154	0	-82.45%

Sector Peers — HydroPower (30)

Peer Comparison

HydroPower SECTOR — NEPAL

2025/2026 Q4

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	380	+3.99	+1.06%	0	0.06	68.43	0.28	4.81	-17.41	-17.41	-	-	-72.65	6.05	-23.78	-	-22.69	17.28	0.28	-4.43	-4.43%	0.3	-22.42	-22.42%	-
AHPC	257.8	+1.1	+0.43%	0.01	0.06	109.71	47.9	0.07	3.41	3.41	91.75	8.49	48.03	2.39	76.86	-	79.03	36.92	47.9	2.91	2.91%	5.9	3.15	3.15%	87.4
AKJCL	343.9	-2.11	-0.61%	0.01	0.09	93.69	3.15	0.37	3.18	3.18	81.88	45.61	28.35	3.6	105.97	2.05	112.89	30.06	3.12	2.45	2.45%	7.6	3.45	3.45%	100
AKPL	256.2	-2.69	-1.04%	0.01	0.06	101.77	0.7	0.85	1.02	1.02	48.33	79.07	12.99	2.45	244.12	-	253.82	31.64	0.7	0.75	0.75%	3.93	1.34	1.34%	109.6
APHL	564.9	+6.92	+1.24%	0	0.04	102.41	0.51	2.26	-4.12	-	-	-	-28.49	8	-198.79	-	-	56.64	0.48	-1.23	-	-0.11	-4.02	-	-
API	333.7	+0.7	+0.21%	0.02	0.12	119.51	0.41	1.05	15.06	15.06	201.24	38.4	54.37	2.68	21.29	0.2	22.31	11.58	0.41	6.48	6.48%	11.25	13.36	13.36%	85.19
APPOLO	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BARUN	322.2	-1.81	-0.56%	0	0.09	108.19	6.74	0.23	2.08	2.08	71.16	40.72	21.39	2.96	153.8	-	161.06	32.88	6.74	1.91	1.91%	5.63	2.54	2.54%	85.88
BEDC	295	-2.5	-0.84%	0	0.07	46.28	4.95	2.24	-1.7	-1.7	-	218.78	-14.77	6.66	-181.18	-	-182.94	26.83	4.95	-1.1	-1.1%	6.83	-3.59	-3.59%	-
BENI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BGWT	503	-4.01	-0.79%	0	0.16	113.3	6.45	0.28	9.01	9.01	151.55	10.83	39.64	4.82	60.6	-	53.39	24.03	6.45	6.53	6.53%	11.28	8.22	8.22%	88.19
BHCL	546	0	0%	0.01	0.15	112.53	2.14	0.16	10.81	10.81	165.44	15.96	51.47	4	41.63	0.34	50.32	21.43	2.14	7.51	7.51%	13.6	10.08	10.08%	96.98
BHDC	431.8	+1.81	+0.42%	0.01	0.15	118.32	2.69	1.28	11.79	11.79	177.16	49.43	30.69	3.58	35.88	0.31	36.94	11.01	2.69	4.6	4.6%	12.4	10.59	10.59%	97.41
BHL	225	-0.5	-0.22%	0.01	0.13	81.22	1.8	1.96	7.72	7.72	118.78	62.35	24.48	2.51	26.42	0.16	28.15	6.47	1.72	3.23	3.23%	12.25	9.91	9.91%	83.13
BHPL	429	+8.21	+1.95%	0	0.08	50.03	1.14	1.86	-0.3	-0.3	-	133.02	-2.63	9.16	-1,527.67	-	-1,566.67	40.59	1.04	-0.2	-0.2%	8.83	-0.57	-0.57%	-
BJHL	545	-8.97	-1.62%	0.01	0.09	88.95	2.57	1.05	-2.6	-	-	233.82	-15.28	7.66	-261.92	-	-	40.04	2.57	-1.42	-	6.85	-2.92	-	-
BNHC	274	+2.01	+0.74%	0	0.13	100.59	7.62	0.97	1.49	1.49	58.07	111.02	6.46	2.76	186.58	1.49	188.86	12.02	7.62	0.8	0.8%	9.68	2.14	2.14%	97.01
BPCL	694	-12	-1.7%	0.02	0.1	210.87	7.05	0.09	9.84	9.84	216.07	3.19	41.84	3.17	67.89	1.46	70.93	28.41	6.52	4.18	4.18%	5.36	4.69	4.69%	80.94
BUNGAL	458.1	-2.9	-0.63%	0	0.09	81.42	0.21	3.4	-3.84	-	-	-	-11.28	7.18	-152.34	-	-	17.19	0.21	-1.07	-	4.34	-4.71	-	-
CHCL	338	+0.2	+0.06%	0.03	0.1	123.9	25.95	0.04	7.59	7.59	145.46	-	61.66	3.83	62.6	-	48.71	38.59	24.62	5.98	5.98%	7.15	6.2	6.2%	78.75
CHL	257	-2.91	-1.12%	0	0.13	84.29	2.08	1.03	1.72	1.72	57.11	92.02	7.56	3.04	148.84	1.37	155.81	11.25	2.03	1	1%	9.26	3.12	3.12%	101.74
CKHL	438	+13.5	+3.18%	0	0.11	100.19	0.83	1.96	13.25	13.25	172.83	77.7	40.33	6.37	48.15	0.04	44.98	19.42	0.83	4.44	4.44%	9.73	13.85	13.85%	100
DHEL	508	+2.02	+0.4%	0.01	0.04	118.14	0.45	1.37	-9.88	-	-	-	-89.33	4.57	-54.67	-	-	48.83	0.45	-3.52	-	2.24	-8.36	-	-
DHPL	269	-4.01	-1.47%	0	0.14	8.38	0.23	33.09	5.51	5.51	32.23	84.53	13.93	32.82	49.91	0.12	50.73	6.95	0.23	1.89	1.89%	14.84	93.63	93.63%	100
DOLTI	308.9	-1.08	-0.35%	0	0.1	59.87	1.11	2.2	0.87	0.87	34.23	125.13	4.65	5.31	365.4	3.06	355.17	17.08	1.11	0.45	0.45%	9.33	1.48	1.48%	100
DORDI	273.8	+1.8	+0.66%	0.01	0.07	106.3	1.83	0.91	1.42	1.42	58.28	57.15	10.91	2.32	173.94	1.3	185.14	18.97	1.81	0.76	0.76%	5.94	1.35	1.35%	106.79
EHPL	325	0	0%	0	0.13	76.3	2.47	1.28	3.39	3.39	76.29	69.82	14.32	4.3	96.84	0.83	98.82	13.86	2.47	1.93	1.93%	11.58	4.54	4.54%	98
GHL	323	-1	-0.31%	0.01	0.06	95.05	4.74	0.45	-1.33	-1.33	-	154.32	-15.98	2.26	-161.65	-	-182.93	25.9	4.74	-0.94	-0.94%	3.92	-1.38	-1.38%	-
GLH	263	+1.7	+0.65%	0	0.1	112.05	0.03	4.81	2.33	2.33	76.64	0.32	3.68	2.17	104.29	-	117.38	3.84	0.03	0.37	0.37%	0.39	2.09	2.09%	100
GVL	559	+3	+0.54%	0.02	0.14	124.33	1.4	1.52	12.94	12.94	190.26	82.6	29.87	3.86	37.09	2.71	38.25	11.09	1.24	4.07	4.07%	8.29	10.94	10.94%	97.08

AVG	382.94	0.02	0.01%	0.01	0.1	97	4.91	2.56	2.97	4.32	111.24	78.01	10.58	5.374	-16.21	1.103	8.228	23.6	4.83	1.73	2.32%	7.45	5.67	7.45%	94.7
MED	335.85	0	0%	0	0.1	101.18	1.96	1.17	2.21	3.29	86.82	69.82	13.46	3.845	49.03	1.065	52.06	20.425	1.92	1.44	1.92%	7.38	2.83	3.3%	97.25
MAX	694	13.5	3.18%	0.03	0.16	210.87	47.9	33.09	15.06	15.06	216.07	233.82	61.66	32.82	365.4	3.06	355.17	56.64	47.9	7.51	7.51%	14.84	93.63	93.63%	109.6
MIN	225	-12	-1.7%	0	0.04	8.38	0.03	0.04	-17.41	-17.41	32.23	0.32	-89.33	2.17	-1,527.67	0.04	-1,566.67	3.84	0.03	-4.43	-4.43%	-0.11	-22.42	-22.42%	78.75