Pure Energy Limited

OthersMid Cap

NPR 817.00

NPR +22+2.77%

09:14 AM NPT · Sep 24, 2026

Est. 2075 B.S. (Established as a solar energy company; listed on NEPSE after commissioning 20 MW solar plant) · Golyan Tower, Baneshwor, Kathmandu, Nepal · CEO: Prawin Aryal

Pure Energy Limited is a Nepalese renewable energy company focused on solar power generation, and has rapidly emerged as one of the notable private-sector players in Nepal’s shift toward sustainable energy. Headquartered in Golyan Tower, Baneshwor, Kathmandu, PURE operates a 20 MW solar photovoltaic (PV) facility located in Raniyapur, Banke District. The project is structured in two separate 10 MW units “Pure Energy I” and “Pure Energy II” each feeding electricity into the national grid, under a long-term power purchase agreement with the Nepal Electricity Authority (NEA). The company’s solar plants commenced commercial operations recently: Pure Energy II in May 2023, and Pure Energy I in December 2023, making PURE one of the first fully solar-based companies in Nepal to deliver grid-connected power at scale. With the commissioning of its solar PV plants, Pure Energy has begun generating electricity revenue for example, in the first quarter of fiscal year 2082/83, the company reportedly earned Rs. 65.5 million from electricity sales, and posted a net profit of about Rs. 9.05 million, indicating a positive initial performance for a newly listed energy firm. As of its IPO and subsequent listing on the Nepal Stock Exchange (NEPSE) under the ticker symbol “PURE”, the company has a paid-up capital of NPR 800,000,000, with 8,000,000 shares outstanding. PURE represents a shift in Nepal’s energy sector: traditionally dominated by hydropower, companies like Pure Energy offer a cleaner, solar-based alternative that reduces dependency on hydrology (river-flow) and seasonal variation. Through its 20 MW solar farm, the company contributes to diversifying Nepal’s energy mix, promoting renewable energy infrastructure, and supporting national energy security and sustainability efforts. Its journey from project development to IPO and commercial operation has drawn interest from investors, highlighting growing confidence in solar power’s viability in Nepal’s electricity ecosystem.

Trading

Open

800.00

High

819.90

Low

800.00

Prev Close

795.00

Volume

7,523

Turnover

Rs 6,092,683.8

Txns

102

Valuation · Q4 FY25/26

EPS Ann.

3.16

EPS TTM

3.16

BVPS

103.64

P/E Ann.

258.54

P/E TTM

258.54

Graham #

85.84

Capital

Mkt Cap

6.54 Arab

Total

80.0 Lakh

Public

16.0 Lakh

Promoter

64.0 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

57.27

ADX

37.74

Overall Score

81
Above Line

Technical Score

Moving Averages

SMA 20

774.67

SMA 50

810.15

Bands & Channels

BB Width %

17.45%

Volume & Flow

OBV

43,492

Flow Analysis

[ Live 2026-09-24 ]

Total Buy

32,249

Shares Bought

Total Sell

32,249

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

68

Participating

ACCUM/DIST

Accumulation 46%

Distribution 54%

Accumulators

2

Quantity

11,636

Amount

9,402,713

Avg Rate

808.07

Rank

#4

Brokers

#92#66

Distributors

5

Quantity

13,802

Amount

11,184,187

Avg Rate

810.33

Rank

#4

Brokers

#71#42#34#45#56

Net Flow Impact:

-2,166units
(Rs. -1,781,474)

Net Flow by Timeframe

PURE — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 46,130 ]

Buy Side

Total: 26,576

Broker

QTY

AVG

NET

%

66

7,216

803.67

+2,306

22.4%

92

4,420

815.25

+4,420

13.7%

35

4,265

810.34

+2,256

13.2%

48

1,700

815.51

+750

5.3%

97

1,515

815.80

+1,408

4.7%

74

1,356

797.13

+1,306

4.2%

77

1,349

820.40

+1,339

4.2%

65

1,000

805.00

+562

3.1%

64

790

817.53

+538

2.5%

52

750

821.93

+560

2.3%

96

640

818.58

+312

2.0%

47

495

805.91

+301

1.5%

1

449

807.05

+339

1.4%

13

335

823.88

+315

1.0%

91

296

780.59

+101

0.9%

Sell Side

Total: 19,554

Broker

QTY

AVG

NET

%

71

4,661

807.40

-4,611

14.4%

42

4,239

815.23

-3,174

13.1%

45

2,302

807.77

-791

7.1%

34

1,904

805.45

-1,254

5.9%

58

1,451

809.23

-685

4.5%

56

696

821.89

-686

2.2%

16

571

797.32

-551

1.8%

7

570

776.92

-520

1.8%

14

540

800.00

-500

1.7%

41

510

790.53

-490

1.6%

22

490

808.29

-390

1.5%

44

490

803.55

-490

1.5%

33

480

819.19

-480

1.5%

57

400

814.52

-290

1.2%

6

250

814.72

-110

0.8%

Financial Fundamentals

Financial MetricFY25/26 Q4FY24/25 Q4FY23/24 Q4FY22/23 Q4Growth %
Assets
Non-Current Assets
Intangible Assets3,6594,2354,8110-13.61%
Property, Plant and Equipment1,996,8402,094,6352,192,1480-4.67%
Current Assets
Trade Receivables45,63545,40846,0630+0.50%
Cash and Cash Equivalents3,3287,9063,4080-57.91%
Total Current Assets57,20859,90752,8100-4.51%
Total Assets2,345,4262,320,3112,391,7250+1.08%
Equity and Liabilities
Equity
Total Equity829,140803,838617,3050+3.15%
Liabilities
Non-current Liabilities
Current Liabilities and Provisions
Provisions1,1091,14700-3.31%
Current Liabilities0.000.000.000-
Total Equity and Liabilities2,345,4262,320,3112,391,7250+1.08%

Sector Peers — Others (8)

Peer Comparison

Others SECTOR — NEPAL

2025/2026 Q4

NPR/Millions

Statement

Highlight

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

HRL

510+4+0.79%0.060.2886.85-1.43-21.5-21.5--33.346.37-25.72-24.198.58--9.36-9.36%--20.21-20.21%

JHAPA

1,038+4.75+0.46%00.12100-0.133.86--13.9910.15262.95-36.86-1.74-5.453.85-

MKCL

867-2.96-0.34%0.010.5103.481.230.910.380.3829.740.4410.642,897.372,313.1612.830.90.210.21%0.490.370.37%

NRIC

817-3.03-0.37%0.110.2472.53-2.56-58.02-39.88--87.418.65-17.49-22.6227.18--20.99-14.43%--62.09-42.69%

NRM

288-0.4-0.14%00.0944.642.160.81-3.18-3.18--27.036.72-94.34-91.9825.531.97-2.55-2.55%0.55-6.88-6.88%

NTC

90600%0.160.3557.542.660.3849.2549.25786.0222.611.5417.4118.113.942.546.846.84%11.259.359.35%

NWCL

602-8.98-1.47%00.18102.912.91.48-6.54-6.54--14.167.03-110.55-94.1915.67-6.78-2.58-2.58%1.26-7.37-7.37%

TTL

692.1+3.72+0.54%0.010.07100-0.640.910.9145.257.276.96765.38764.2955.94-0.530.53%-0.90.9%
AVG715.01-0.36-0.07%0.040.223145.992.241.04-4.36-2.94287-14.78.508461.88408.9423.316-0.34-3.27-3.05%3.8-10.26-9.5%
MED754.55-0.2-0.07%0.010.211002.410.86-1.4-3.1845.25-6.866.995-0.04-22.6220.61.44-1.17-2.55%1.26-3.26-6.88%
MAX1,0384.750.79%0.160.5557.542.92.5649.2549.25786.0222.6118.652,897.372,313.1655.942.546.846.84%11.259.359.35%
MIN288-8.98-1.47%00.0744.641.230.13-58.02-39.8829.74-87.41.54-110.55-94.193.94-6.78-20.99-14.43%0.49-62.09-42.69%

8

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum