Sayapatri Hydropower Limited

HydroPowerLow Cap

NPR 530.70

NPR +10.8+2.08%

09:14 AM NPT · Aug 13, 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

520.00

High

534.90

Low

511.00

Prev Close

519.90

Volume

11,100

Turnover

Rs 5,836,663.9

Txns

Valuation · Q3 FY25/26

EPS Ann.

5.05

EPS TTM

2.03

BVPS

94.63

P/E Ann.

105.09

P/E TTM

261.43

Graham #

103.69

Capital

Mkt Cap

1.59 Arab

Total

30.0 Lakh

Public

30.0 Lakh

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Neutral

SuperTrend

Strong Buy

Trend Analysis

Direction

NaN

Strength

Very Strong

Momentum

RSI (14)

40.93

ADX

41.5

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

536.34

SMA 50

561.37

Bands & Channels

BB Width %

8.98%

Volume & Flow

OBV

881,790

Flow Analysis

[ Live 2026-08-13 ]

Total Buy

29,893

Shares Bought

Total Sell

29,893

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 74%

Distribution 26%

Accumulators

Quantity

13,913

Amount

7,302,968

Avg Rate

524.90

Rank

#67

Brokers

#88#4#35

Distributors

Quantity

4,810

Amount

2,471,165

Avg Rate

513.76

Rank

#96

Brokers

#66#36#62

Net Flow Impact:

+9,103units

(Rs. 4,831,803)

Net Flow by Timeframe

SPHL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 37,226 ]

Buy Side

Total: 19,877

Broker

QTY

AVG

NET

7,423

524.01

+2,303

24.8%

5,081

524.73

+781

17.0%

1,490

518.17

+339

5.0%

1,409

530.20

+1,099

4.7%

1,000

516.50

+500

3.4%

600

517.00

+600

2.0%

520

512.09

+339

1.7%

500

511.60

+490

1.7%

405

511.11

+155

1.4%

300

511.00

+300

1.0%

290

512.31

+280

1.0%

230

516.34

+220

0.8%

220

511.29

+99

0.7%

220

511.60

+10

0.7%

189

528.83

+189

0.6%

Sell Side

Total: 17,349

Broker

QTY

AVG

NET

6,986

523.91

-55

23.4%

2,267

512.94

-2,267

7.6%

1,510

519.12

-870

5.0%

1,342

512.97

-961

4.5%

1,201

516.16

-954

4.0%

909

527.48

-909

3.0%

782

528.28

-782

2.6%

724

520.00

-19

2.4%

390

519.49

-43

1.3%

320

514.26

-320

1.1%

300

520.00

-300

1.0%

206

522.62

-156

0.7%

200

516.00

-157

0.7%

112

528.67

-112

0.4%

100

511.68

-100

0.3%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Sources of Fund
Equity
Paid up Capital	300,000	300,000	300,000	0	0.00%
Reserves and Surplus	-16,098	-20,565	-26,835	0	+21.72%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	283,902	279,435	273,165	0	+1.60%
Non Current Liabilities
Financial Liabilities	201,363	222,559	241,897	0	-9.52%
Other Non Current Liabilities	1,326	1,326	1,326	0	0.00%
Total Non Current Liabilities	202,688	223,884	243,222	0	-9.47%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	464,688	484,075	498,021	0	-4.00%
Capital Work In Progress	0.00	0.00	0.00	0	-
Intangible Assets	454.17	817.50	1180.83	0	-44.44%
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	465,143	484,892	499,202	0	-4.07%
Current Assets
Receivables	13,196	13,697	13,593	0	-3.66%
Inventories	8,855	10,086	11,212	0	-12.20%
Cash and Cash Equivalent	11,290	8,588	10,034	0	+31.46%
Financial Assets	0.00	16760.13	0.00	0	-100.00%
Other Current Assets	18,611	0	16,715	0	-
Total Current Assets (A)	51,952	49,131	51,553	0	+5.74%
Current Liabilities
Financial Liabilities	201,363	222,559	241,897	0	-9.52%
Payables	14,698	15,282	18,818	0	-3.82%
Other Current Liabilities	0.00	0.00	0.00	0	-
Total Current Liabilities (B)	30,504	30,704	34,368	0	-0.65%
Net Current Assets (A-B)	21,448	18,427	17,185	0	+16.40%

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	413	-3.5	-0.84%	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	+1.9	+0.72%	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	-0.8	-0.22%	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	255.9	+3.91	+1.55%	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	810	-4.97	-0.61%	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
API	331.6	+0.6	+0.18%	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	323	+5.49	+1.73%	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	319	+3	+0.95%	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	530	-7.58	-1.41%	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	488.6	-4.39	-0.89%	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	431	+2.49	+0.58%	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	212	+4.3	+2.07%	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	490	+5	+1.03%	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	687	+3.01	+0.44%	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	+4.39	+1.56%	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	649	-6.03	-0.92%	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	585	-3	-0.51%	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	482.1	+1.11	+0.23%	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	272	+8	+3.03%	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	610	+0.97	+0.16%	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	600	-1.99	-0.33%	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	289.9	+6.91	+2.44%	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	318.7	+0.7	+0.22%	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	254	+4	+1.6%	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	334.6	-1.41	-0.42%	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	256.7	+27.3	+11.9%	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	263.8	+6.61	+2.57%	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	478.2	-2.79	-0.58%	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	414.29	1.9	0.94%	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	348.8	1.5	0.34%	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	810	27.3	11.9%	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	212	-7.58	-1.41%	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