Maya Khola Hydropower Company Limited

HydroPowerMid Cap

NPR 308.50

NPR +4.5+1.48%

09:14 AM NPT · Jun 26, 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.

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Trading

Open

305.00

High

310.00

Low

304.00

Prev Close

304.00

Volume

9,291

Turnover

Rs 2,852,124.8

Txns

Valuation · Q3 FY25/26

EPS Ann.

3.90

EPS TTM

1.49

BVPS

63.15

P/E Ann.

79.10

P/E TTM

207.05

Graham #

74.44

Capital

Mkt Cap

3.08 Arab

Total

1.0 Crore

Public

23.52 Lakh

Promoter

76.48 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

NaN

Strength

Very Strong

Momentum

RSI (14)

41.81

ADX

42.75

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

315.39

SMA 50

319.98

Bands & Channels

BB Width %

7.05%

Volume & Flow

OBV

2,016,332

Flow Analysis

[ Live 2026-06-26 ]

Total Buy

48,921

Shares Bought

Total Sell

48,921

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 56%

Distribution 44%

Accumulators

Quantity

16,102

Amount

4,964,971

Avg Rate

308.34

Rank

#76

Brokers

#14#58#40#36

Distributors

Quantity

12,698

Amount

3,919,649

Avg Rate

308.68

Rank

#85

Brokers

#13#74#48

Net Flow Impact:

+3,404units

(Rs. 1,045,322)

Net Flow by Timeframe

MKHC — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 65,249 ]

Buy Side

Total: 26,676

Broker

QTY

AVG

NET

7,589

308.81

+7,309

15.5%

4,094

309.11

+2,232

8.4%

2,490

307.31

+1,405

5.1%

1,929

306.25

+1,779

3.9%

1,510

307.89

+1,310

3.1%

1,300

309.77

+1,090

2.7%

1,185

311.00

+1,185

2.4%

1,050

309.29

+980

2.1%

1,013

310.05

+1,013

2.1%

807

305.11

+297

1.6%

785

312.79

+575

1.6%

760

310.51

+320

1.6%

748

306.30

+448

1.5%

716

304.00

+546

1.5%

700

304.69

+610

1.4%

Sell Side

Total: 38,573

Broker

QTY

AVG

NET

4,973

306.90

-3,770

10.2%

4,870

307.35

-717

9.9%

3,887

309.46

-3,742

8.0%

3,838

310.20

-2,678

7.8%

2,822

308.15

-882

5.8%

2,820

312.48

-1,551

5.8%

2,495

304.92

-2,495

5.1%

2,327

308.83

-105

4.8%

2,000

304.99

-2,000

4.1%

2,000

305.61

-2,000

4.1%

1,725

307.51

-1,630

3.5%

1,634

312.20

-1,389

3.3%

1,427

309.10

-296

2.9%

1,035

305.95

-583

2.1%

720

310.29

-56

1.5%

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	468.6	-1.41	-0.3%	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	264.3	-0.8	-0.3%	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	362.6	-4.11	-1.12%	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	256.8	-1.11	-0.43%	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	875	-25.02	-2.78%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
API	336.9	+0.91	+0.27%	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	325	-4.01	-1.22%	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	342.5	-4.41	-1.27%	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	598.9	+18.91	+3.26%	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	558.7	+6.68	+1.21%	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	444	-3.99	-0.89%	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	210.2	-0.8	-0.38%	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	505.5	-3	-0.59%	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	825	-14.01	-1.67%	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	315.1	-2.99	-0.94%	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	654.9	+4.88	+0.75%	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	662	+4.01	+0.61%	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	477	-1.29	-0.27%	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	265	-2	-0.75%	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	620	-5	-0.8%	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	595	+3.02	+0.51%	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	285	+1.7	+0.6%	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	346	-4.91	-1.4%	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	248	-3.01	-1.2%	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	381.7	-1.3	-0.34%	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	-1.79	-0.8%	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	252.6	+0.6	+0.24%	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	477.6	-0.38	-0.08%	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	434.85	-1.59	-0.36%	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	372.15	-1.36	-0.41%	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	875	18.91	3.26%	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	210.2	-25.02	-2.78%	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