Mai Khola Hydropower Limited

HydroPowerLow Cap

NPR 494.90

NPR -0.4-0.08%

09:14 AM NPT · Aug 7, 2026

Est. 2073 B.S. (Established as a hydropower company, later listed on NEPSE) · Head Office: Kathmandu, Nepal (Project Site: Ilam District)

Mai Khola Hydropower Limited is a hydropower company in Nepal, active in developing and operating hydroelectric projects. The company was established in 2073 B.S. (registered 1 August 2016) as a private company, with the aim to harness water resources for energy generation.Later it was listed publicly on the Nepal Stock Exchange (NEPSE) under the symbol “MKHL.” MKHL’s core business is developing run-of-river hydropower projects.Their ongoing / planned project includes the Super Mai Cascade Hydropower Project (3 MW), which is planned to utilize tail water from existing Mai-river hydropower developments, aiming to generate about 18.30 GWh annually. Financially, MKHL is a small-to-medium sized listed hydropower company. Its paid-up capital is NPR 392,156,800 (face value NPR 100, 3,921,568 shares listed) per public filings. As of recent trading, its share price has fluctuated 52-week high of ~NPR 1,027 and low of ~NPR 587. Because MKHL is in the hydropower sector, its performance tends to be influenced by hydrology (water flow), rainfall, river discharge, and grid-connection factors — common challenges for run-of-river hydro plants in Nepal. The company’s success depends on efficient project execution, proper maintenance, and favorable hydrological conditions.Overall, MKHL represents one of Nepal’s smaller but formally listed hydropower firms, with a mission to contribute to the country’s renewable energy generation, while giving investors exposure through NEPSE.

www.maikholahydropower.com.np/

Trading

Open

483.20

High

495.00

Low

483.20

Prev Close

495.30

Volume

829

Turnover

Rs 406,349.9

Txns

Valuation · Q3 FY25/26

EPS Ann.

3.92

EPS TTM

3.00

BVPS

103.90

P/E Ann.

126.25

P/E TTM

164.97

Graham #

95.73

Capital

Mkt Cap

1.94 Arab

Total

39.22 Lakh

Public

15.29 Lakh

Promoter

23.92 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

23.87

ADX

52.55

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

503.11

SMA 50

499.89

Bands & Channels

BB Width %

14.7%

Volume & Flow

OBV

2,015,434

Flow Analysis

[ Live 2026-08-07 ]

Total Buy

17,503

Shares Bought

Total Sell

17,503

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 66%

Distribution 34%

Accumulators

Quantity

10,786

Amount

5,372,726

Avg Rate

498.12

Rank

#80

Brokers

#84#82

Distributors

Quantity

5,618

Amount

2,794,014

Avg Rate

497.33

Rank

#98

Brokers

#17#13#58#57

Net Flow Impact:

+5,168units

(Rs. 2,578,712)

Net Flow by Timeframe

MKHL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 25,891 ]

Buy Side

Total: 15,948

Broker

QTY

AVG

NET

6,706

498.65

+2,349

38.3%

4,080

497.26

+3,000

23.3%

1,158

495.86

+1,048

6.6%

980

500.44

+980

5.6%

550

491.73

+537

3.1%

520

495.29

+500

3.0%

500

497.32

+500

2.9%

350

484.55

+40

2.0%

340

482.76

+28

1.9%

224

491.56

+224

1.3%

160

494.00

+140

0.9%

160

495.71

+85

0.9%

100

493.60

+15

0.6%

100

495.00

+100

0.6%

496.00

+20

0.1%

Sell Side

Total: 9,943

Broker

QTY

AVG

NET

2,272

502.18

-2,272

13.0%

1,660

492.73

-1,660

9.5%

1,015

496.44

-925

5.8%

671

493.64

-671

3.8%

590

482.73

-440

3.4%

580

497.03

-580

3.3%

493

493.00

-93

2.8%

480

496.96

-480

2.7%

435

492.18

-206

2.5%

420

496.82

-322

2.4%

370

499.62

-350

2.1%

328

496.63

-328

1.9%

290

495.79

-140

1.7%

170

500.42

-160

1.0%

169

494.77

-159

1.0%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Sources of Fund
Equity
Paid up Capital	392,157	392,157	392,157	0	0.00%
Reserves and Surplus	15,313	6,841	6,841	0	+123.83%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	407,469	398,998	398,998	0	+2.12%
Non Current Liabilities
Financial Liabilities	277,114	308,742	308,742	0	-10.24%
Other Non Current Liabilities	4,372	75	75	0	+5710.31%
Total Non Current Liabilities	281,487	308,818	308,818	0	-8.85%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	477,263	532,133	532,133	0	-10.31%
Capital Work In Progress	0.00	0.00	0.00	0	-
Intangible Assets	0.00	0.00	0.00	0	-
Financial Assets (Investments)	140,000	150,000	150,000	0	-6.67%
Other Non Current Assets	0.00	0.00	0.00	0	-
Total Non Current Assets	617,263	682,133	682,133	0	-9.51%
Current Assets
Receivables	39,461	6,175	6,175	0	+539.07%
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	94,511	16,618	16,618	0	+468.74%
Financial Assets	0.00	0.00	0.00	0	-
Other Current Assets	0.00	4032.13	4032.13	0	-100.00%
Total Current Assets (A)	133,972	26,825	26,825	0	+399.44%
Current Liabilities
Financial Liabilities	277,114	308,742	308,742	0	-10.24%
Payables	12,279	1,142	1,142	0	+974.81%
Other Current Liabilities	0.00	0.00	0.00	0	-
Total Current Liabilities (B)	62,279	1,142	1,142	0	+5351.41%
Net Current Assets (A-B)	71,693	25,682	25,682	0	+179.16%

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