Sayapatri Hydropower Limited

HydroPowerLow Cap

NPR 510.40

NPR +11.4+2.28%

09:14 AM NPT · Nov 6, 2026

Est. 2061-12-18 B.S. (later converted into a public limited and listed on NEPSE in 2079) · Baglung District (Corporate management operated from Kathmandu, Nepal)

Sayapatri Hydropower Limited is a Nepali independent power producer that develops, owns, and operates run-of-river hydroelectric projects to harness Nepal’s water-resources potential. Its flagship and currently operational project is the 2.5 MW Daram Khola ‘A’ Hydroelectric Project, located in Baglung District. This plant began commercial generation on 26 June 2016 (Jestha 12, 2073 B.S.), under a build-own-operate-transfer (BOOT) scheme.SPHL went public on the Nepal Stock Exchange (NEPSE) on 13 October 2022, under the ticker symbol “SPHL.” As of recent listings, it has 3,000,000 issued shares.The company’s paid-up capital stands at NPR 300,000,000.According to most recent public data (2025), SPHL’s market capitalization is around NPR 1.62 billion. In 2025, SPHL’s board resolved to release 50% of pledged shares previously held with co-financing banks reflecting a partial repayment of loans taken for the Daram Khola project. Financially, the company continues to face the typical risks associated with run-of-river hydropower plants: variability in hydrology (water flow), seasonal generation fluctuations, and natural-disaster exposure. A 2025 rating update from CARE Ratings Nepal Limited reaffirmed SPHL’s issuer rating as “CARE-NP BB (Is)”, citing modest operating performance due to low hydrology in the preceding fiscal year. Despite challenges, SPHL remains relevant as a small-scale hydropower developer leveraging Nepal’s abundant water resources to contribute to national grid supply. Its public listing provides transparency and allows retail investors to participate in Nepal’s hydropower sector a model that combines infrastructure development, renewable-energy goals, and market-based financing.

www.sayapatrihydropowerlimited.com/

Trading

Open

485.50

High

511.90

Low

485.50

Prev Close

499.00

Volume

12,774

Turnover

Rs 6,406,785.1

Txns

Valuation · Q4 FY25/26

EPS Ann.

1.00

EPS TTM

1.00

BVPS

91.84

P/E Ann.

510.40

P/E TTM

510.40

Graham #

45.46

Capital

Mkt Cap

1.53 Arab

Total

30.0 Lakh

Public

30.0 Lakh

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

NaN

Strength

Strong

Momentum

RSI (14)

50.93

ADX

26.7

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

503.33

SMA 50

516.36

Bands & Channels

BB Width %

5.51%

Volume & Flow

OBV

915,530

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

29,326

Shares Bought

Total Sell

29,326

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 53%

Distribution 47%

Accumulators

Quantity

14,310

Amount

7,194,568

Avg Rate

502.77

Rank

#71

Brokers

#88#63

Distributors

Quantity

12,730

Amount

6,378,222

Avg Rate

501.04

Rank

#79

Brokers

#57#14#35

Net Flow Impact:

+1,580units

(Rs. 816,347)

Net Flow by Timeframe

SPHL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 43,778 ]

Buy Side

Total: 25,489

Broker

QTY

AVG

NET

7,517

503.11

+2,762

25.6%

6,793

502.38

+5,293

23.2%

1,770

504.07

+633

6.0%

1,520

498.02

+1,520

5.2%

1,250

498.17

+223

4.3%

1,062

500.28

+1,062

3.6%

1,009

492.19

+349

3.4%

1,000

500.00

+1,000

3.4%

653

500.67

+653

2.2%

600

500.43

+350

2.0%

565

495.97

+464

1.9%

509

496.70

+62

1.7%

450

499.17

+450

1.5%

450

490.10

+120

1.5%

341

490.13

+31

1.2%

Sell Side

Total: 18,289

Broker

QTY

AVG

NET

6,366

502.26

-6,366

21.7%

3,466

500.92

-2,729

11.8%

2,898

498.50

-1,485

9.9%

1,417

496.61

-1,127

4.8%

837

499.43

-837

2.9%

650

493.16

-350

2.2%

451

505.01

-451

1.5%

445

505.01

-145

1.5%

393

503.00

-393

1.3%

374

495.00

-374

1.3%

300

498.18

-300

1.0%

244

498.10

-244

0.8%

195

510.43

-195

0.7%

130

491.57

-130

0.4%

123

507.00

-123

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	300,000	300,000	300,000	0	0.00%
Reserves and Surplus	-24,466	-25,854	-31,633	0	+5.37%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	275,534	274,146	268,367	0	+0.51%
Non Current Liabilities
Financial Liabilities	178,466	201,363	0	0	-11.37%
Other Non Current Liabilities	1,326	1,326	223,884	0	0.00%
Total Non Current Liabilities	179,791	202,688	223,884	0	-11.30%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	460,076	480,003	493,701	0	-4.15%
Capital Work In Progress	0.00	0.00	0.00	0	-
Intangible Assets	0.00	726.67	0.00	0	-100.00%
Financial Assets (Investments)	0.00	0.00	0.00	0	-
Other Non Current Assets	363.33	0.00	1090.00	0	-
Total Non Current Assets	460,439	480,729	494,791	0	-4.22%
Current Assets
Receivables	12,730	17,751	15,479	0	-28.29%
Inventories	9,023	8,823	11,844	0	+2.26%
Cash and Cash Equivalent	8,354	2,956	3,427	0	+182.62%
Financial Assets	0.00	15779.73	17948.99	0	-100.00%
Other Current Assets	18,004	0	0	0	-
Total Current Assets (A)	48,110	45,310	48,699	0	+6.18%
Current Liabilities
Financial Liabilities	178,466	201,363	0	0	-11.37%
Payables	15,642	15,301	18,787	0	+2.23%
Other Current Liabilities	0.00	0.00	0.00	0	-
Total Current Liabilities (B)	53,224	49,205	51,238	0	+8.17%
Net Current Assets (A-B)	-5,114	-3,895	-2,539	0	-31.31%

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)	P/E (TTM)	P/S	Quick Ratio	ROA (Annualized)	ROA (TTM)%	ROCE	ROE (Annualized)	ROE (TTM)%	Tax Burden
AHL	380	+3.99	+1.06%	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	257.8	+1.1	+0.43%	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	343.9	-2.11	-0.61%	0.01	0.09	93.69	3.15	0.37	3.18	3.18	81.88	45.61	28.35	3.6	105.97	112.89	30.06	3.12	2.45	2.45%	7.6	3.45	3.45%	100
AKPL	256.2	-2.69	-1.04%	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	564.9	+6.92	+1.24%	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	333.7	+0.7	+0.21%	0.02	0.12	119.51	0.41	1.05	15.06	15.06	201.24	38.4	54.37	2.68	21.29	22.31	11.58	0.41	6.48	6.48%	11.25	13.36	13.36%	85.19
APPOLO	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
BARUN	322.2	-1.81	-0.56%	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	295	-2.5	-0.84%	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	503	-4.01	-0.79%	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	546	0	0%	0.01	0.15	112.53	2.14	0.16	10.81	10.81	165.44	15.96	51.47	4	41.63	50.32	21.43	2.14	7.51	7.51%	13.6	10.08	10.08%	96.98
BHDC	431.8	+1.81	+0.42%	0.01	0.15	118.32	2.69	1.28	11.79	11.79	177.16	49.43	30.69	3.58	35.88	36.94	11.01	2.69	4.6	4.6%	12.4	10.59	10.59%	97.41
BHL	225	-0.5	-0.22%	0.01	0.13	81.22	1.8	1.96	7.72	7.72	118.78	62.35	24.48	2.51	26.42	28.15	6.47	1.72	3.23	3.23%	12.25	9.91	9.91%	83.13
BHPL	429	+8.21	+1.95%	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	545	-8.97	-1.62%	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	274	+2.01	+0.74%	0	0.13	100.59	7.62	0.97	1.49	1.49	58.07	111.02	6.46	2.76	186.58	188.86	12.02	7.62	0.8	0.8%	9.68	2.14	2.14%	97.01
BPCL	694	-12	-1.7%	0.02	0.1	210.87	7.05	0.09	9.84	9.84	216.07	3.19	41.84	3.17	67.89	70.93	28.41	6.52	4.18	4.18%	5.36	4.69	4.69%	80.94
BUNGAL	458.1	-2.9	-0.63%	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	338	+0.2	+0.06%	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	257	-2.91	-1.12%	0	0.13	84.29	2.08	1.03	1.72	1.72	57.11	92.02	7.56	3.04	148.84	155.81	11.25	2.03	1	1%	9.26	3.12	3.12%	101.74
CKHL	438	+13.5	+3.18%	0	0.11	100.19	0.83	1.96	13.25	13.25	172.83	77.7	40.33	6.37	48.15	44.98	19.42	0.83	4.44	4.44%	9.73	13.85	13.85%	100
DHEL	508	+2.02	+0.4%	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	269	-4.01	-1.47%	0	0.14	8.38	0.23	33.09	5.51	5.51	32.23	84.53	13.93	32.82	49.91	50.73	6.95	0.23	1.89	1.89%	14.84	93.63	93.63%	100
DOLTI	308.9	-1.08	-0.35%	0	0.1	59.87	1.11	2.2	0.87	0.87	34.23	125.13	4.65	5.31	365.4	355.17	17.08	1.11	0.45	0.45%	9.33	1.48	1.48%	100
DORDI	273.8	+1.8	+0.66%	0.01	0.07	106.3	1.83	0.91	1.42	1.42	58.28	57.15	10.91	2.32	173.94	185.14	18.97	1.81	0.76	0.76%	5.94	1.35	1.35%	106.79
EHPL	325	0	0%	0	0.13	76.3	2.47	1.28	3.39	3.39	76.29	69.82	14.32	4.3	96.84	98.82	13.86	2.47	1.93	1.93%	11.58	4.54	4.54%	98
GHL	323	-1	-0.31%	0.01	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	263	+1.7	+0.65%	0	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	559	+3	+0.54%	0.02	0.14	124.33	1.4	1.52	12.94	12.94	190.26	82.6	29.87	3.86	37.09	38.25	11.09	1.24	4.07	4.07%	8.29	10.94	10.94%	97.08

AVG	382.94	0.02	0.01%	0.01	0.1	97	4.91	2.56	2.97	4.32	111.24	78.01	10.58	5.374	-16.21	8.228	23.6	4.83	1.73	2.32%	7.45	5.67	7.45%	94.7
MED	335.85	0	0%	0	0.1	101.18	1.96	1.17	2.21	3.29	86.82	69.82	13.46	3.845	49.03	52.06	20.425	1.92	1.44	1.92%	7.38	2.83	3.3%	97.25
MAX	694	13.5	3.18%	0.03	0.16	210.87	47.9	33.09	15.06	15.06	216.07	233.82	61.66	32.82	365.4	355.17	56.64	47.9	7.51	7.51%	14.84	93.63	93.63%	109.6
MIN	225	-12	-1.7%	0	0.04	8.38	0.03	0.04	-17.41	-17.41	32.23	0.32	-89.33	2.17	-1,527.67	-1,566.67	3.84	0.03	-4.43	-4.43%	-0.11	-22.42	-22.42%	78.75