Maya Khola Hydropower Company Limited

HydroPowerLow Cap

NPR 280.00

NPR -5.8-2.03%

09:14 AM NPT · Aug 7, 2026

Est. 2067-02-14 B.S. (Converted to Public Company on 2073-08-20) · Sankhuwasabha District, Nepal

Maya Khola Hydropower Company Limited is a Nepalese hydropower firm, originally incorporated as a private limited company on 28 May 2010 (14 Jestha 2067 B.S.).In order to allow public shareholding and broader funding, it was converted into a public limited company on 12 May 2016 (20 Mangshir 2073 B.S.) under registration No. 159553/073/74. The company’s principal business is the development and operation of hydropower projects. Its flagship project is the Maya Khola Hydropower Project — a run-of-river hydroelectric plant located in the Sankhuwasabha District of eastern Nepal.Initially designed as a modest 5 MW project, after detailed hydrological reassessments (accounting for exceedance factors), the project’s capacity was revised upward to 14.9 MW.Under its generation license issued by Nepal’s Ministry of Energy (on 12 June 2014), which grants 35-year operating rights, MKHC is committed to delivering clean, renewable energy to the national grid. The company draws water from the Maya River, channels it through intake and headworks, and, using a run-of-river design, generates electricity which it supplies to the grid contributing to Nepal’s growing hydropower capacity and clean-energy mix. From a capital-market and investor standpoint, MKHC is listed on the Nepal Stock Exchange (NEPSE) under the ticker symbol “MKHC.” As of recent publicly available data, the company has 10,000,000 outstanding shares, a paid-up capital of NPR 1,000,000,000 (face value NPR 100), and a market capitalization in the order of NPR ~3.67 billion.Over the past year, share-price performance has been volatile: the 52-week high touched around NPR 627, while the low dipped to ~NPR 334. However, like many hydropower companies dependent on seasonal flows, MKHC faces operational risks linked to hydrology rainfall, river discharge, and seasonal variability which can influence generation output and revenue. Reflecting some of these risks, in its 4th quarter report for fiscal year 2081/82 B.S., MKHC announced a net loss of NPR 63.58 million.

mkhpcl.com.np/facebook

Trading

Open

271.60

High

293.00

Low

266.00

Prev Close

285.80

Volume

356,138

Turnover

Rs 96,142,935.3

Txns

Valuation · Q3 FY25/26

EPS Ann.

3.90

EPS TTM

1.49

BVPS

63.15

P/E Ann.

71.79

P/E TTM

187.92

Graham #

74.44

Capital

Mkt Cap

2.8 Arab

Total

1.0 Crore

Public

23.52 Lakh

Promoter

76.48 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

NaN

Strength

Strong

Momentum

RSI (14)

7.87

ADX

38.93

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

290.41

SMA 50

302.1

Bands & Channels

BB Width %

9.07%

Volume & Flow

OBV

1,568,520

Flow Analysis

[ Live 2026-08-07 ]

Total Buy

399,422

Shares Bought

Total Sell

399,422

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 26%

Distribution 74%

Accumulators

Quantity

118,426

Amount

32,362,333

Avg Rate

273.27

Rank

#19

Brokers

#42#45#14#34#57#59#35

Distributors

Quantity

337,186

Amount

91,073,814

Avg Rate

270.10

Rank

Brokers

#58

Net Flow Impact:

-218,760units

(Rs. -58,711,481)

Net Flow by Timeframe

MKHC — Broker Breakdown (7D)

15 Buyers10 Sellers

[ Vol: 551,102 ]

Buy Side

Total: 178,016

Broker

QTY

AVG

NET

30,118

273.38

+28,506

7.5%

24,863

274.40

+17,543

6.2%

17,505

271.47

+16,859

4.4%

17,413

277.76

+17,309

4.4%

10,993

270.35

+10,773

2.8%

9,355

273.54

+8,365

2.3%

8,802

270.40

+8,782

2.2%

8,732

270.93

+8,392

2.2%

8,158

272.30

+7,838

2.0%

7,884

272.13

+7,674

2.0%

7,881

276.32

+6,364

2.0%

7,327

270.63

+6,797

1.8%

6,598

272.78

+5,828

1.6%

6,372

270.25

+6,242

1.6%

6,015

270.26

+6,015

1.5%

Sell Side

Total: 373,086

Broker

QTY

AVG

NET

337,186

270.10

-235,831

84.4%

10,544

269.01

-7,918

2.6%

7,600

285.26

-6,120

1.9%

6,297

285.78

-5,364

1.6%

5,990

274.61

-2,633

1.5%

2,074

285.32

-1,274

0.5%

1,800

285.61

-1,800

0.5%

1,210

286.07

-1,110

0.3%

250

284.96

-150

0.1%

135

285.40

-116

0.0%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Sources of Fund
Equity
Paid up Capital	1,000,000	1,000,000	1,000,000	0	0.00%
Reserves and Surplus	-368,485	-381,396	-299,703	0	+3.39%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	631,515	618,604	700,297	0	+2.09%
Non Current Liabilities
Financial Liabilities	2,297,856	2,278,790	2,203,456	0	+0.84%
Other Non Current Liabilities	0.00	11246.00	0.00	0	-100.00%
Total Non Current Liabilities	2,297,856	2,290,036	2,203,456	0	+0.34%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	3,032,449	3,144,057	3,084,182	0	-3.55%
Capital Work In Progress	0.00	0.00	0.00	0	-
Intangible Assets	0.00	0.00	0.00	0	-
Financial Assets (Investments)	0.00	61701.00	17017.00	0	-100.00%
Other Non Current Assets	0.00	0.00	0.00	0	-
Total Non Current Assets	3,032,449	3,205,758	3,101,199	0	-5.41%
Current Assets
Receivables	76,224	56,799	33,794	0	+34.20%
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	7,829	3,731	17,390	0	+109.84%
Financial Assets	0.00	0.00	179544.00	0	-
Other Current Assets	6,565	3,663	8,962	0	+79.22%
Total Current Assets (A)	90,618	64,194	239,690	0	+41.16%
Current Liabilities
Financial Liabilities	2,297,856	2,278,790	2,203,456	0	+0.84%
Payables	163,695	286,312	280,136	0	-42.83%
Other Current Liabilities	0.00	0.00	0.00	0	-
Total Current Liabilities (B)	193,695	361,312	437,136	0	-46.39%
Net Current Assets (A-B)	-103,077	-297,118	-197,446	0	+65.31%

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	414	+0.91	+0.22%	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	265.9	-2.09	-0.78%	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	-11	-2.94%	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	256.6	-1.39	-0.54%	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	828	0	0%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
API	330	-1.89	-0.57%	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	321.2	-1.48	-0.46%	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	323	+1	+0.31%	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	556	-1	-0.18%	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	489	-4.99	-1.01%	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	426	-3.48	-0.81%	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	208.9	-1.09	-0.52%	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	497	-2	-0.4%	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	694	-10	-1.42%	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	286.2	-4.8	-1.65%	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	650	-3	-0.46%	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	584.8	-0.29	-0.05%	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	486	-6	-1.22%	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	268	-2	-0.74%	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	584	+5.78	+1%	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	584.9	+8.93	+1.55%	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	290	-2.99	-1.02%	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	320	0	0%	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	247	-7.01	-2.76%	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	344	0	0%	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	228	-0.5	-0.22%	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	256.9	-0.49	-0.19%	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	482	+1.78	+0.37%	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	413.73	-1.75	-0.52%	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	353.5	-1.44	-0.46%	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	828	8.93	1.55%	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	208.9	-11	-2.94%	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