Synergy Power Development Ltd.

HydroPowerMid Cap

NPR 356.00

NPR +2+0.56%

09:14 AM NPT · Nov 6, 2026

Est. 2063-10-28 B.S. (converted to public limited company on 2070-10-12) · Corporate Office: Kathmandu, Nepal (Projects based in Dolakha District)

Synergy Power Development Limited is a Nepal-based independent power producer (IPP) engaged in developing and operating hydropower projects in Nepal. Established on 28 Poush 2063 B.S. and later converted into a public limited company on 12 Poush 2070 B.S. under the Companies Act, SPDL began its hydropower journey with the development of the Sipring Khola Hydroelectric Project in Dolakha district. The Sipring Khola plant has an installed capacity of 10 MW and began commercial operation on 3 Magh 2069 B.S. Over the years, SPDL has expanded its footprint beyond its first project. As of 2025, the company announced fresh investments in two more hydropower projects: Mid Hongu Khola A Hydropower Project and Mid Hongu Khola B Hydropower Project, committing a total of NPR 25 crore towards share acquisition in those ventures reflecting a strategic push to grow its generation capacity and diversify its portfolio. SPDL is publicly traded on the Nepal Stock Exchange (NEPSE) under the symbol “SPDL.” Recent financial disclosures show that the company has a paid-up capital of NPR 1,209,862,500 (face value NPR 100 per share) with 12,098,625 shares issued. Market data suggests that SPDL remains among the active mid-cap hydropower firms: as of late 2025, the share’s 52-week trading range is approximately NPR 308.90–465.00, with a recent last-traded price around NPR 421–423. As a hydropower developer, SPDL like many IPPs in Nepal operates under a model where electricity produced is sold to the national utility under long-term power purchase agreements (PPAs). Its commercial operations, expansion plans, and public shareholding combine to make it a visible player in Nepal’s push toward renewable energy development and private-sector participation in power generation.

Trading

Open

350.30

High

358.90

Low

350.30

Prev Close

354.00

Volume

13,794

Turnover

Rs 4,873,366.1

Txns

0

Valuation · Q4 FY25/26

EPS Ann.

6.05

EPS TTM

6.05

BVPS

109.19

P/E Ann.

58.84

P/E TTM

58.84

Graham #

121.92

Capital

Mkt Cap

4.74 Arab

Total

1.33 Crore

Public

1.33 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Downtrend

Strength

Strong

Momentum

RSI (14)

50

ADX

26.78

Overall Score

45
Below Line

Technical Score

Moving Averages

SMA 20

353.84

SMA 50

354.6

Bands & Channels

BB Width %

10.38%

Volume & Flow

OBV

17,221,655

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

154,663

Shares Bought

Total Sell

154,663

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

73

Participating

ACCUM/DIST

Accumulation 57%

Distribution 43%

Accumulators

3

Quantity

48,487

Amount

17,337,166

Avg Rate

357.56

Rank

#40

Brokers

#58#32#60

Distributors

5

Quantity

36,314

Amount

13,193,111

Avg Rate

363.31

Rank

#51

Brokers

#94#39#22#26#28

Net Flow Impact:

+12,173units
(Rs. 4,144,055)

Net Flow by Timeframe

SPDL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 196,335 ]

Buy Side

Total: 105,958

Broker

QTY

AVG

NET

%

58

27,771

357.16

+25,592

18.0%

32

13,619

358.69

+12,316

8.8%

17

7,478

357.15

+1,793

4.8%

60

7,097

356.97

+7,097

4.6%

51

6,832

361.08

+4,549

4.4%

5

6,651

356.37

+4,600

4.3%

52

6,200

354.27

+4,750

4.0%

38

5,192

400.13

+819

3.4%

6

4,990

359.44

+795

3.2%

8

4,873

358.60

+4,072

3.1%

42

3,793

355.23

+1,355

2.5%

29

3,579

358.81

+2,939

2.3%

45

3,031

358.33

+811

2.0%

86

2,752

357.33

+1,952

1.8%

63

2,100

362.43

+575

1.4%

Sell Side

Total: 90,377

Broker

QTY

AVG

NET

%

34

12,217

358.78

-3,747

7.9%

94

10,000

357.86

-9,942

6.5%

39

9,151

356.84

-8,301

5.9%

22

7,250

358.43

-5,320

4.7%

48

6,750

358.63

-3,769

4.4%

53

6,168

354.12

-220

4.0%

26

5,421

354.91

-5,149

3.5%

36

5,026

360.15

-3,136

3.3%

44

4,807

360.96

-2,857

3.1%

28

4,492

406.62

-4,436

2.9%

85

4,469

358.41

-3,969

2.9%

64

4,000

352.35

-3,500

2.6%

77

3,875

355.42

-3,875

2.5%

41

3,448

358.93

-2,838

2.2%

10

3,303

359.62

-3,303

2.1%

Financial Fundamentals

Financial MetricFY25/26 Q4FY24/25 Q4FY23/24 Q4FY22/23 Q4Growth %
Sources of Fund
Equity
Paid up Capital1,330,8491,209,8631,209,8630+10.00%
Reserves and Surplus95,690159,60898,6480-40.05%
Other Equity26,56626,56626,56600.00%
Total Equity1,453,1051,396,0371,335,0770+4.09%
Non Current Liabilities
Financial Liabilities304,226219,402280,8110+38.66%
Other Non Current Liabilities0.000.000.000-
Total Non Current Liabilities304,226219,402280,8110+38.66%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)1,032,97741,09939,9620+2413.40%
Capital Work In Progress0.000.0010003.010-
Intangible Assets0.001068812.291091416.510-100.00%
Financial Assets (Investments)594,194442,744442,7440+34.21%
Other Non Current Assets0.000.000.000-
Total Non Current Assets1,627,1711,552,6551,584,1250+4.80%
Current Assets
Receivables106,720102,57767,0630+4.04%
Inventories0.000.000.000-
Cash and Cash Equivalent35,5712,2031,8760+1514.76%
Financial Assets25,897000-
Other Current Assets0.0020482.3318176.790-100.00%
Total Current Assets (A)168,188125,26387,1160+34.27%
Current Liabilities
Financial Liabilities304,226219,402280,8110+38.66%
Payables18,63318,00320,2870+3.50%
Other Current Liabilities19,39614,6005,0660+32.85%
Total Current Liabilities (B)38,02962,47955,3530-39.13%
Net Current Assets (A-B)130,15962,78431,7630+107.31%

Sector Peers — HydroPower (30)

Peer Comparison

HydroPower 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 NumberInterest CoverageNet Profit MarginP/BP/E (Annualized)PEGP/E (TTM)P/SQuick RatioROA (Annualized)ROA (TTM)%ROCEROE (Annualized)ROE (TTM)%Tax Burden

AHL

380+3.99+1.06%00.0668.430.284.81-17.41-17.41---72.656.05-23.78--22.6917.280.28-4.43-4.43%0.3-22.42-22.42%-

AHPC

257.8+1.1+0.43%0.010.06109.7147.90.073.413.4191.758.4948.032.3976.86-79.0336.9247.92.912.91%5.93.153.15%87.4

AKJCL

343.9-2.11-0.61%0.010.0993.693.150.373.183.1881.8845.6128.353.6105.972.05112.8930.063.122.452.45%7.63.453.45%100

AKPL

256.2-2.69-1.04%0.010.06101.770.70.851.021.0248.3379.0712.992.45244.12-253.8231.640.70.750.75%3.931.341.34%109.6

APHL

564.9+6.92+1.24%00.04102.410.512.26-4.12----28.498-198.79--56.640.48-1.23--0.11-4.02--

API

333.7+0.7+0.21%0.020.12119.510.411.0515.0615.06201.2438.454.372.6821.290.222.3111.580.416.486.48%11.2513.3613.36%85.19

APPOLO

-------------------------

BARUN

322.2-1.81-0.56%00.09108.196.740.232.082.0871.1640.7221.392.96153.8-161.0632.886.741.911.91%5.632.542.54%85.88

BEDC

295-2.5-0.84%00.0746.284.952.24-1.7-1.7-218.78-14.776.66-181.18--182.9426.834.95-1.1-1.1%6.83-3.59-3.59%-

BENI

-------------------------

BGWT

503-4.01-0.79%00.16113.36.450.289.019.01151.5510.8339.644.8260.6-53.3924.036.456.536.53%11.288.228.22%88.19

BHCL

54600%0.010.15112.532.140.1610.8110.81165.4415.9651.47441.630.3450.3221.432.147.517.51%13.610.0810.08%96.98

BHDC

431.8+1.81+0.42%0.010.15118.322.691.2811.7911.79177.1649.4330.693.5835.880.3136.9411.012.694.64.6%12.410.5910.59%97.41

BHL

225-0.5-0.22%0.010.1381.221.81.967.727.72118.7862.3524.482.5126.420.1628.156.471.723.233.23%12.259.919.91%83.13

BHPL

429+8.21+1.95%00.0850.031.141.86-0.3-0.3-133.02-2.639.16-1,527.67--1,566.6740.591.04-0.2-0.2%8.83-0.57-0.57%-

BJHL

545-8.97-1.62%0.010.0988.952.571.05-2.6--233.82-15.287.66-261.92--40.042.57-1.42-6.85-2.92--

BNHC

274+2.01+0.74%00.13100.597.620.971.491.4958.07111.026.462.76186.581.49188.8612.027.620.80.8%9.682.142.14%97.01

BPCL

694-12-1.7%0.020.1210.877.050.099.849.84216.073.1941.843.1767.891.4670.9328.416.524.184.18%5.364.694.69%80.94

BUNGAL

458.1-2.9-0.63%00.0981.420.213.4-3.84----11.287.18-152.34--17.190.21-1.07-4.34-4.71--

CHCL

338+0.2+0.06%0.030.1123.925.950.047.597.59145.46-61.663.8362.6-48.7138.5924.625.985.98%7.156.26.2%78.75

CHL

257-2.91-1.12%00.1384.292.081.031.721.7257.1192.027.563.04148.841.37155.8111.252.0311%9.263.123.12%101.74

CKHL

438+13.5+3.18%00.11100.190.831.9613.2513.25172.8377.740.336.3748.150.0444.9819.420.834.444.44%9.7313.8513.85%100

DHEL

508+2.02+0.4%0.010.04118.140.451.37-9.88----89.334.57-54.67--48.830.45-3.52-2.24-8.36--

DHPL

269-4.01-1.47%00.148.380.2333.095.515.5132.2384.5313.9332.8249.910.1250.736.950.231.891.89%14.8493.6393.63%100

DOLTI

308.9-1.08-0.35%00.159.871.112.20.870.8734.23125.134.655.31365.43.06355.1717.081.110.450.45%9.331.481.48%100

DORDI

273.8+1.8+0.66%0.010.07106.31.830.911.421.4258.2857.1510.912.32173.941.3185.1418.971.810.760.76%5.941.351.35%106.79

EHPL

32500%00.1376.32.471.283.393.3976.2969.8214.324.396.840.8398.8213.862.471.931.93%11.584.544.54%98

GHL

323-1-0.31%0.010.0695.054.740.45-1.33-1.33-154.32-15.982.26-161.65--182.9325.94.74-0.94-0.94%3.92-1.38-1.38%-

GLH

263+1.7+0.65%00.1112.050.034.812.332.3376.640.323.682.17104.29-117.383.840.030.370.37%0.392.092.09%100

GVL

559+3+0.54%0.020.14124.331.41.5212.9412.94190.2682.629.873.8637.092.7138.2511.091.244.074.07%8.2910.9410.94%97.08
AVG382.940.020.01%0.010.1974.912.562.974.32111.2478.0110.585.374-16.211.1038.22823.64.831.732.32%7.455.677.45%94.7
MED335.8500%00.1101.181.961.172.213.2986.8269.8213.463.84549.031.06552.0620.4251.921.441.92%7.382.833.3%97.25
MAX69413.53.18%0.030.16210.8747.933.0915.0615.06216.07233.8261.6632.82365.43.06355.1756.6447.97.517.51%14.8493.6393.63%109.6
MIN225-12-1.7%00.048.380.030.04-17.41-17.4132.230.32-89.332.17-1,527.670.04-1,566.673.840.03-4.43-4.43%-0.11-22.42-22.42%78.75

30

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum