Mountain Hydro Nepal Limited

HydroPowerMid Cap

NPR 243.50

NPR -6.5-2.60%

09:13 AM NPT · Jun 29, 2026

Est. 2062-03-28 B.S. (Later converted to Public Company) · Panchthar District, Nepal (Project Site: Lower Hewa Khola) · CEO: Satish Timalsina (Managing Director)

Mountain Hydro Nepal Limited is a Nepalese hydropower company established with the aim of developing and operating hydroelectric projects in Nepal. MHNL holds a license for a 22.1 MW hydropower project on the Lower Hewa River in Panchthar District. The project, known as the Lower Hewa Hydropower Project, is designed as a run-of-river (RoR) plant, feeding electricity into Nepal’s national grid under long-term power-purchase agreements, contributing to the country’s renewable energy capacity. MHNL started as a private company (registered on 2062/03/28 B.S.) and was later converted into a public limited company, enabling public shareholding and raising capital from investors. The paid-up capital for MHNL is NPR 1,250,000,000 (i.e. 12.5 million shares with face value NPR 100 each). As a listed company under the ticker MHNL on the Nepal Stock Exchange (NEPSE), the company provides investors exposure to hydropower infrastructure and operations in Nepal’s energy sector. Over the years, MHNL has made progress on its hydropower project infrastructure: access roads have been built to the project site near Phidim, transmission line arrangements for power evacuation have been completed (11 kV for construction-phase and 132 kV for final transmission) and the technical design and construction supervision have been entrusted to experienced consultants. Despite sector-typical risks such as hydrology variation and project-finance challenges, MHNL remains positioned as a mid-sized independent power producer (IPP) aiming for long-term operation and contribution to Nepal’s clean energy goals. As of recent public data (2025), the company’s listed shares are 12,500,000 units, with market price and valuation fluctuating depending on investor sentiment, overall energy sector dynamics, and project progress status.

Trading

Open

243.20

High

247.00

Low

243.20

Prev Close

250.00

Volume

1,922

Turnover

Rs 468,767.3

Txns

0

Valuation · Q3 FY25/26

EPS Ann.

8.19

EPS TTM

4.27

BVPS

36.73

P/E Ann.

29.73

P/E TTM

57.03

Graham #

82.27

Capital

Mkt Cap

3.04 Arab

Total

1.25 Crore

Public

1.25 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Weak

Momentum

RSI (14)

20.31

ADX

19.15

Overall Score

23
Below Line

Technical Score

Moving Averages

SMA 20

256.83

SMA 50

263.78

Bands & Channels

BB Width %

8.73%

Volume & Flow

OBV

3,735,488

Flow Analysis

[ Live 2026-06-29 ]

Total Buy

38,768

Shares Bought

Total Sell

38,768

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

59

Participating

ACCUM/DIST

Accumulation 67%

Distribution 33%

Accumulators

4

Quantity

12,558

Amount

3,129,885

Avg Rate

249.23

Rank

#88

Brokers

#37#26#39#58

Distributors

2

Quantity

6,299

Amount

1,580,165

Avg Rate

250.86

Rank

#101

Brokers

#38#64

Net Flow Impact:

+6,259units
(Rs. 1,549,720)

Net Flow by Timeframe

MHNL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 52,579 ]

Buy Side

Total: 28,274

Broker

QTY

AVG

NET

%

58

5,791

248.32

+1,615

14.9%

14

5,043

248.47

+43

13.0%

37

2,772

251.30

+2,662

7.2%

26

2,105

250.73

+2,105

5.4%

42

1,945

250.40

+1,524

5.0%

39

1,890

247.33

+1,890

4.9%

21

1,680

245.58

+1,610

4.3%

34

1,660

240.81

+26

4.3%

92

1,244

247.31

+1,244

3.2%

62

945

245.90

+945

2.4%

48

840

244.48

+340

2.2%

50

779

243.20

+180

2.0%

33

530

251.70

+530

1.4%

52

530

240.68

+330

1.4%

63

520

248.31

+520

1.3%

Sell Side

Total: 24,305

Broker

QTY

AVG

NET

%

38

3,783

251.22

-3,441

9.8%

6

2,568

252.31

-2,248

6.6%

64

2,516

250.32

-2,377

6.5%

51

2,473

252.53

-1,203

6.4%

36

1,705

253.49

-1,405

4.4%

7

1,700

248.69

-668

4.4%

54

1,643

245.47

-1,643

4.2%

57

1,530

243.21

-90

4.0%

44

1,480

246.66

-1,342

3.8%

1

1,093

246.16

-893

2.8%

32

1,000

246.10

-700

2.6%

60

790

243.60

-790

2.0%

99

779

243.20

-779

2.0%

17

745

246.69

-360

1.9%

56

500

248.92

-500

1.3%

Financial Fundamentals

Financial MetricFY25/26 Q3FY24/25 Q3FY23/24 Q3FY22/23 Q3Growth %
Sources of Fund
Equity
Paid up Capital1,250,0001,250,0001,250,00000.00%
Reserves and Surplus-790,908-932,474-540,5550+15.18%
Other Equity0.000.000.000-
Total Equity459,092317,526709,4450+44.58%
Non Current Liabilities
Financial Liabilities2,469,1082,606,2952,754,4730-5.26%
Other Non Current Liabilities0.000.000.000-
Total Non Current Liabilities2,469,1082,606,2952,754,4730-5.26%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)15,64813,04815,3670+19.93%
Capital Work In Progress0.000.000.000-
Intangible Assets3,325,8273,116,2283,602,6220+6.73%
Financial Assets (Investments)50,02550,02550,00000.00%
Other Non Current Assets0.000.000.000-
Total Non Current Assets3,391,5013,179,3013,667,9890+6.67%
Current Assets
Receivables74,95655,95849,4670+33.95%
Inventories0.000.000.000-
Cash and Cash Equivalent3,3496,75154,0630-50.39%
Financial Assets1,0062,3356950-56.93%
Other Current Assets56,798103,16087,2620-44.94%
Total Current Assets (A)136,108168,203191,4880-19.08%
Current Liabilities
Financial Liabilities2,469,1082,606,2952,754,4730-5.26%
Payables186,31570,42855,0330+164.55%
Other Current Liabilities114,448110,060137,8440+3.99%
Total Current Liabilities (B)599,409423,684395,5580+41.48%
Net Current Assets (A-B)-463,301-255,481-204,0700-81.34%

Sector Peers — HydroPower (30)

Peer Comparison

HydroPower SECTOR — NEPAL

2025/2026 Q3

NPR/Millions

Statement

Highlight

TICKERMarket
Key Ratios
PriceChgChg%Mkt Cap (M)Asset TurnoverBook Value Per ShareCurrent RatioDebt to EquityEPS (Annualized)EPS (TTM)Graham's NumberInterest CoverageNet Profit MarginP/BP/E (Annualized)PEGP/E (TTM)P/SQuick RatioROA (Annualized)ROA (TTM)%ROCEROE (Annualized)ROE (TTM)%Tax Burden

AHL

448-20.62-4.4%00.0571.360.244.27-19.31-13.75---94.7510.28-28.49--36.1148.010.24-5.08-3.62%2.52-24.52-17.46%-

AHPC

262.2-2.09-0.79%0.010.07110.7140.790.074.415.94121.647.5358.343.565.83-46.6368.2740.793.85.12%6.714.095.52%90.05

AKJCL

357.9-4.71-1.3%0.010.0992.422.950.382.562.2868.8647.6522.225.79156.8811.71181.1462.122.951.961.75%7.442.82.5%100

AKPL

254.1-2.7-1.05%0.010.1103.420.870.854.927.23129.7155.1228.853.5856.50.1636.9328.980.872.84.12%9.414.927.24%97.9

APHL

855-20.04-2.29%0---------------------

API

332.5-4.41-1.31%0.020.12115.320.261.1913.7611.48172.5929.3650.484.0325.310.3330.3122.70.265.894.91%13.7312.5110.44%85.97

APPOLO

-------------------------

BARUN

319-6.01-1.85%00.08107.7212.050.232.012.9684.745.6622.494.58184.031.34114.8673.512.051.852.73%5.242.483.66%100

BEDC

331.4-11.1-3.24%00.0847.883.662.22-0.12-2.01-119.74-1.0212.92-3,866.67--179.668.063.66-0.07-1.29%7.13-0.25-4.1%-

BENI

-------------------------

BGWT

604+5.09+0.85%00.19112.6713.690.2911.1611.9173.699.2343.938.9167.473.2755.1352.713.698.158.69%12.9210.3911.08%88.19

BHCL

545-13.69-2.45%0.010.15109.645.10.2910.4311.11165.5517.651.486.7753.40.2153.4748.865.17.928.44%12.451313.85%97.02

BHDC

440-4-0.9%0.010.16117.432.911.0913.229.42157.7646.5133.325.5536.970.5149.1521.892.915.393.84%13.4311.898.46%99.99

BHL

207.5-2.69-1.28%0.010.1479.952.551.978.594.690.9765.2126.823.8526.9--12.822.533.641.95%13.1710.995.88%85.68

BHPL

505-0.51-0.1%00.0850.031.431.97-0.59-3.5-182.17-4.6114.92-948.98--156.7478.421.25-0.39-2.31%7.73-1.11-6.64%-

BJHL

818-7.01-0.85%0.010.0988.8248.251.06-3.26--297.83-19.6818.61-380.37--133.2348.25-1.77-6.48-3.67--

BNHC

313-2.11-0.67%00.1584.30.62.947.780.059.74101.7915.945.5845.370.016,67612.860.62.310.01%13.599.290.05%100

BPCL

642-12.9-1.97%0.020.11210.336.810.0911.719.24209.113.4348.064.5361.051.3773.5852.176.455.053.99%6.515.64.42%81.76

BUNGAL

671.5+9.53+1.44%0.010.1184.680.23.26-0.79----2.069.68-778.48--28.760.2-0.21-5.6-0.92--

CHCL

476-1-0.21%0.050.0912122.010.046.426.63134.35-55.485.4677.17-74.7276.121.295.135.3%6.715.355.52%72.57

CHL

260.9-4.11-1.55%00.1485.092.221.033.251.2148.1385.5713.544.69920.73240.522.122.171.890.7%10.455.82.16%100.94

CKHL

600-20.03-3.23%00.1190.170.422.234.30.6536.3175.5412.7510.56166.050.941,023.0837.640.421.440.21%10.274.630.69%100

DHEL

582-12.97-2.18%0.010.04128.020.71.31-4.33--284.93-38.816.74-149.42--103.070.7-1.47-3.75-3.37--

DHPL

281.5-3.51-1.23%00.135.060.1555.112.921.0610.99100.657.8682.71107.50.22284.9115.020.1510.36%13.7660.9622.15%100

DOLTI

336-10-2.89%00.158.540.942.250.83-2.27-118.774.2710.91577.113.38-154.1943.890.940.43-1.18%9.41.39-3.79%100

DORDI

246-2.01-0.81%0.010.08105.55.60.680.83-0.88-71.376.373.72354.222.82-311.1440.165.440.51-0.53%6.241.12-1.19%101.05

EHPL

378-3.7-0.97%00.1477.732.591.276.424.3787.4254.0825.27.2465.730.4388.7629.442.593.612.45%13.168.485.77%97.99

GHL

22200%00.0695.0720.910.44-2.15-2.14-256.14-28.163.62-120--109.8160.0320.91-1.55-1.54%3.37-2.24-2.23%-

GLH

251-1.59-0.63%00.09111.360.024.662.182.6180.870.394.093.36128.98.6101.539.380.020.360.43%0.361.972.37%100

GVL

470-7.59-1.59%0.020.16125.771.951.519.1814.85204.9958.6238.155.326.070.793317.691.645.974.63%10.1516.1212.49%100
AVG428.91-5.95-1.34%0.010.10895.937.43.433.943.46110.4188.9514.099.903-144.372.166357.22246.9597.342.172.05%8.585.843.7%94.96
MED367.95-4.05-1.26%00.195.072.551.193.252.79106.3161.9115.945.5856.50.7953.4743.892.531.891.85%7.734.634.04%100
MAX8559.531.44%0.050.19210.3348.2555.1119.1814.85209.11297.8358.3482.71577.1111.716,676133.2348.258.158.69%13.7660.9622.15%101.05
MIN207.5-20.62-4.4%00.045.060.020.04-19.31-13.759.740.39-94.753.36-3,866.670.01-311.149.380.02-5.08-3.62%0.36-24.52-17.46%72.57

30

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum