Sikles Hydropower Limited

HydroPowerMid Cap

NPR 574.00

NPR +3+0.53%

09:14 AM NPT · Sep 24, 2026

Est. July 28, 2004 · Lekhnath-7, Pokhara Airport, Nepal · CEO: Kiran KC

Sikles Hydropower Limited is an independent power producer (IPP) in Nepal engaged in the development and operation of hydropower projects that support the country’s renewable energy goals. The company focuses primarily on run-of-river hydropower generation, leveraging Nepal’s abundant water resources to produce clean and sustainable electricity. Sikles Hydropower is best known for developing the Sikles Hydroelectric Project, located in the Kaski District, a region with significant hydropower potential. The project is designed to contribute reliable renewable energy to Nepal’s national grid under a long-term Power Purchase Agreement (PPA) with the Nepal Electricity Authority (NEA). The company follows strict environmental, engineering, and regulatory standards under the guidelines of the Department of Electricity Development (DoED). With a commitment to technical excellence, local community engagement, and responsible hydropower development, Sikles Hydropower Limited continues to strengthen its position in Nepal’s energy sector. As a publicly listed company on the Nepal Stock Exchange (NEPSE), it adheres to strong governance, transparency, and sustainable value creation for its shareholders.

www.sikleshydro.com.np/

Trading

Open

570.00

High

581.00

Low

569.00

Prev Close

571.00

Volume

2,609

Turnover

Rs 1,489,479.1

Txns

Valuation · Q4 FY25/26

EPS Ann.

14.07

EPS TTM

14.07

BVPS

114.13

P/E Ann.

40.80

P/E TTM

40.80

Graham #

190.08

Capital

Mkt Cap

4.88 Arab

Total

85.0 Lakh

Public

85.0 Lakh

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Neutral

SuperTrend

Strong Buy

Trend Analysis

Direction

NaN

Strength

Moderate

Momentum

RSI (14)

59.85

ADX

22.9

Overall Score

100

Above Line

Technical Score

Moving Averages

SMA 20

569.75

SMA 50

564.04

Bands & Channels

BB Width %

6.97%

Volume & Flow

OBV

1,090,849

Flow Analysis

[ Live 2026-09-24 ]

Total Buy

42,352

Shares Bought

Total Sell

42,352

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 44%

Distribution 56%

Accumulators

Quantity

17,566

Amount

10,136,922

Avg Rate

577.08

Rank

#59

Brokers

#14#42#48

Distributors

Quantity

22,675

Amount

13,108,779

Avg Rate

578.12

Rank

#55

Brokers

#58#69#35

Net Flow Impact:

-5,109units

(Rs. -2,971,857)

Net Flow by Timeframe

SIKLES — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 64,281 ]

Buy Side

Total: 33,655

Broker

QTY

AVG

NET

9,800

571.75

+5,799

23.1%

3,966

579.22

+2,928

9.4%

3,800

588.58

+3,458

9.0%

2,586

575.75

+2,018

6.1%

2,000

588.62

+120

4.7%

1,871

573.30

+1,016

4.4%

1,500

584.14

+1,500

3.5%

1,474

579.68

+1,389

3.5%

1,455

576.36

+348

3.4%

1,260

588.69

+1,260

3.0%

945

574.07

+945

2.2%

909

575.69

+380

2.1%

808

579.73

+808

1.9%

761

577.56

+661

1.8%

520

575.40

+409

1.2%

Sell Side

Total: 30,626

Broker

QTY

AVG

NET

15,920

578.95

-13,968

37.6%

3,992

571.32

-3,992

9.4%

2,763

583.11

-1,563

6.5%

1,471

573.03

-1,471

3.5%

1,189

574.00

-1,189

2.8%

1,022

578.60

-612

2.4%

1,011

571.14

-1,001

2.4%

799

591.89

-140

1.9%

592

590.00

-592

1.4%

496

589.12

-226

1.2%

402

574.24

-202

0.9%

351

588.28

-351

0.8%

233

571.62

-163

0.6%

210

587.14

-1

0.5%

175

575.36

-175

0.4%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Sources of Fund
Equity
Paid up Capital	977,500	850,000	850,000	0	+15.00%
Reserves and Surplus	138,098	134,623	68,044	0	+2.58%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	1,115,598	984,623	918,044	0	+13.30%
Non Current Liabilities
Financial Liabilities	848,436	1,017,437	1,170,203	0	-16.61%
Other Non Current Liabilities	0.00	0.00	0.00	0	-
Total Non Current Liabilities	848,436	1,017,437	1,170,203	0	-16.61%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	1,881,631	1,964,339	2,058,967	0	-4.21%
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	0.00	0.00	0	-
Other Non Current Assets	0.00	0.00	0.00	0	-
Total Non Current Assets	1,881,631	1,964,339	2,058,967	0	-4.21%
Current Assets
Receivables	0.00	0.00	0.00	0	-
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	0.00	0.00	0.00	0	-
Financial Assets	0.00	0.00	0.00	0	-
Other Current Assets	148,673	122,327	0	0	+21.54%
Total Current Assets (A)	148,673	122,327	135,787	0	+21.54%
Current Liabilities
Financial Liabilities	848,436	1,017,437	1,170,203	0	-16.61%
Payables	0.00	0.00	0.00	0	-
Other Current Liabilities	66,270	84,605	0	0	-21.67%
Total Current Liabilities (B)	66,270	84,605	106,507	0	-21.67%
Net Current Assets (A-B)	82,403	37,722	29,280	0	+118.45%

Sector Peers — HydroPower (30)

Peer Comparison

HydroPower SECTOR — NEPAL

2025/2026 Q4

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	402.7	+10.7	+2.73%	0	0.06	68.43	0.28	4.81	-17.41	-17.41	-	-	-72.65	6.05	-23.78	-	-22.69	17.28	0.28	-4.43	-4.43%	0.3	-22.42	-22.42%	-
AHPC	266.9	+0.69	+0.26%	0.01	0.06	109.71	47.9	0.07	3.41	3.41	91.75	8.49	48.03	2.39	76.86	-	79.03	36.92	47.9	2.91	2.91%	5.9	3.15	3.15%	87.4
AKJCL	358	0	0%	0.01	0.09	93.69	3.15	0.37	3.18	3.18	81.88	45.61	28.35	3.6	105.97	2.05	112.89	30.06	3.12	2.45	2.45%	7.6	3.45	3.45%	100
AKPL	253	+1.41	+0.56%	0.01	0.06	101.77	0.7	0.85	1.02	1.02	48.33	79.07	12.99	2.45	244.12	-	253.82	31.64	0.7	0.75	0.75%	3.93	1.34	1.34%	109.6
APHL	671	+9.72	+1.47%	0	0.04	102.41	0.51	2.26	-4.12	-	-	-	-28.49	8	-198.79	-	-	56.64	0.48	-1.23	-	-0.11	-4.02	-	-
API	334.8	+0.8	+0.24%	0.02	0.12	119.51	0.41	1.05	15.06	15.06	201.24	38.4	54.37	2.68	21.29	0.2	22.31	11.58	0.41	6.48	6.48%	11.25	13.36	13.36%	85.19
APPOLO	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BARUN	326	-2.99	-0.91%	0	0.09	108.19	6.74	0.23	2.08	2.08	71.16	40.72	21.39	2.96	153.8	-	161.06	32.88	6.74	1.91	1.91%	5.63	2.54	2.54%	85.88
BEDC	308.9	+1.9	+0.62%	0	0.07	46.28	4.95	2.24	-1.7	-1.7	-	218.78	-14.77	6.66	-181.18	-	-182.94	26.83	4.95	-1.1	-1.1%	6.83	-3.59	-3.59%	-
BENI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BGWT	492	+4.92	+1.01%	0	0.16	113.3	6.45	0.28	9.01	9.01	151.55	10.83	39.64	4.82	60.6	-	53.39	24.03	6.45	6.53	6.53%	11.28	8.22	8.22%	88.19
BHCL	574.8	+15.82	+2.83%	0.01	0.15	112.53	2.14	0.16	10.81	10.81	165.44	15.96	51.47	4	41.63	0.34	50.32	21.43	2.14	7.51	7.51%	13.6	10.08	10.08%	96.98
BHDC	433.4	+2.41	+0.56%	0.01	0.15	118.32	2.69	1.28	11.79	11.79	177.16	49.43	30.69	3.58	35.88	0.31	36.94	11.01	2.69	4.6	4.6%	12.4	10.59	10.59%	97.41
BHL	212.2	+0.19	+0.09%	0.01	0.13	81.22	1.8	1.96	7.72	7.72	118.78	62.35	24.48	2.51	26.42	0.16	28.15	6.47	1.72	3.23	3.23%	12.25	9.91	9.91%	83.13
BHPL	447.5	-0.49	-0.11%	0	0.08	50.03	1.14	1.86	-0.3	-0.3	-	133.02	-2.63	9.16	-1,527.67	-	-1,566.67	40.59	1.04	-0.2	-0.2%	8.83	-0.57	-0.57%	-
BJHL	643	+8.88	+1.4%	0.01	0.09	88.95	2.57	1.05	-2.6	-	-	233.82	-15.28	7.66	-261.92	-	-	40.04	2.57	-1.42	-	6.85	-2.92	-	-
BNHC	278.5	+1.91	+0.69%	0	0.13	100.59	7.62	0.97	1.49	1.49	58.07	111.02	6.46	2.76	186.58	1.49	188.86	12.02	7.62	0.8	0.8%	9.68	2.14	2.14%	97.01
BPCL	676	+1.08	+0.16%	0.02	0.1	210.87	7.05	0.09	9.84	9.84	216.07	3.19	41.84	3.17	67.89	1.46	70.93	28.41	6.52	4.18	4.18%	5.36	4.69	4.69%	80.94
BUNGAL	514	+3.01	+0.59%	0	0.09	81.42	0.21	3.4	-3.84	-	-	-	-11.28	7.18	-152.34	-	-	17.19	0.21	-1.07	-	4.34	-4.71	-	-
CHCL	352	-2.52	-0.71%	0.03	0.1	123.9	25.95	0.04	7.59	7.59	145.46	-	61.66	3.83	62.6	-	48.71	38.59	24.62	5.98	5.98%	7.15	6.2	6.2%	78.75
CHL	267	+1.99	+0.75%	0	0.13	84.29	2.08	1.03	1.72	1.72	57.11	92.02	7.56	3.04	148.84	1.37	155.81	11.25	2.03	1	1%	9.26	3.12	3.12%	101.74
CKHL	582.4	-4.58	-0.78%	0	0.11	100.19	0.83	1.96	13.25	13.25	172.83	77.7	40.33	6.37	48.15	0.04	44.98	19.42	0.83	4.44	4.44%	9.73	13.85	13.85%	100
DHEL	554	-1	-0.18%	0.01	0.04	118.14	0.45	1.37	-9.88	-	-	-	-89.33	4.57	-54.67	-	-	48.83	0.45	-3.52	-	2.24	-8.36	-	-
DHPL	275	+1.99	+0.73%	0	0.14	8.38	0.23	33.09	5.51	5.51	32.23	84.53	13.93	32.82	49.91	0.12	50.73	6.95	0.23	1.89	1.89%	14.84	93.63	93.63%	100
DOLTI	299	-4.99	-1.64%	0	0.1	59.87	1.11	2.2	0.87	0.87	34.23	125.13	4.65	5.31	365.4	3.06	355.17	17.08	1.11	0.45	0.45%	9.33	1.48	1.48%	100
DORDI	263	+1	+0.38%	0.01	0.07	106.3	1.83	0.91	1.42	1.42	58.28	57.15	10.91	2.32	173.94	1.3	185.14	18.97	1.81	0.76	0.76%	5.94	1.35	1.35%	106.79
EHPL	326.8	+0.81	+0.25%	0	0.13	76.3	2.47	1.28	3.39	3.39	76.29	69.82	14.32	4.3	96.84	0.83	98.82	13.86	2.47	1.93	1.93%	11.58	4.54	4.54%	98
GHL	253.7	-3.29	-1.28%	0	0.06	95.05	4.74	0.45	-1.33	-1.33	-	154.32	-15.98	2.26	-161.65	-	-182.93	25.9	4.74	-0.94	-0.94%	3.92	-1.38	-1.38%	-
GLH	278.8	-0.39	-0.14%	0.01	0.1	112.05	0.03	4.81	2.33	2.33	76.64	0.32	3.68	2.17	104.29	-	117.38	3.84	0.03	0.37	0.37%	0.39	2.09	2.09%	100
GVL	489.3	-0.69	-0.14%	0.02	0.14	124.33	1.4	1.52	12.94	12.94	190.26	82.6	29.87	3.86	37.09	2.71	38.25	11.09	1.24	4.07	4.07%	8.29	10.94	10.94%	97.08

AVG	397.63	1.73	0.34%	0.01	0.1	97	4.91	2.56	2.97	4.32	111.24	78.01	10.58	5.374	-16.21	1.103	8.228	23.6	4.83	1.73	2.32%	7.45	5.67	7.45%	94.7
MED	343.4	0.91	0.26%	0	0.1	101.18	1.96	1.17	2.21	3.29	86.82	69.82	13.46	3.845	49.03	1.065	52.06	20.425	1.92	1.44	1.92%	7.38	2.83	3.3%	97.25
MAX	676	15.82	2.83%	0.03	0.16	210.87	47.9	33.09	15.06	15.06	216.07	233.82	61.66	32.82	365.4	3.06	355.17	56.64	47.9	7.51	7.51%	14.84	93.63	93.63%	109.6
MIN	212.2	-4.99	-1.64%	0	0.04	8.38	0.03	0.04	-17.41	-17.41	32.23	0.32	-89.33	2.17	-1,527.67	0.04	-1,566.67	3.84	0.03	-4.43	-4.43%	-0.11	-22.42	-22.42%	78.75