Shuvam Power Limited

HydroPowerLow Cap

NPR 638.30

NPR -13.7-2.10%

09:14 AM NPT · Aug 10, 2026

Est. 2061-03-32 B.S. (registered as Baneswar Hydropower Pvt. Ltd.; converted to public limited company on 2072-08-03) · Corporate Office: Kathmandu, Nepal (Project Site: Sankhuwasabha District) · CEO: Jamuna Paudyal

Shuvam Power Limited is a Nepali independent power producer listed on the Nepal Stock Exchange (NEPSE) under the ticker “SPL”, and operates in the hydropower sector.The company was originally registered under the name “Baneswar HydroPower Pvt. Ltd.” in July 2004, and was later converted into a public limited company in December 2015. SPL is engaged in development and operation of run-of-river hydropower projects. Among its assets is the 0.99 MW run-of-river project on the Lower Piluwa Khola in Sankhuwasabha District. As of late 2025, the company’s share data shows 2,000,000 outstanding shares, face value NPR 100, giving a paid-up capital of NPR 200,000,000.According to market data, SPL had a market capitalization around NPR 1.83 billion and a last traded price of NPR 916 (as of December 3, 2025) under recent trading. Financial and credit-rating disclosures indicate that SPL remains exposed to typical hydropower sector risks: flow variability, small project scale, and generation dependency on hydrological conditions. However, by being publicly listed and maintaining transparency via regular audit and disclosure notices (e.g. their 2080-81 audit report published May 2025), SPL provides investors a regulated and investable vehicle in Nepal’s hydropower sector. In many ways, SPL represents a small-to-mid-size IPP (Independent Power Producer) that leverages Nepal’s hydropower potential even from modest rivers to contribute to the national electricity supply while providing exposure to hydropower investment for retail investors through the stock market.

Trading

Open

632.60

High

651.90

Low

632.60

Prev Close

652.00

Volume

1,010

Turnover

Rs 646,966.7

Txns

0

Valuation · Q3 FY25/26

EPS Ann.

8.16

EPS TTM

6.59

BVPS

101.11

P/E Ann.

78.22

P/E TTM

96.86

Graham #

136.25

Capital

Mkt Cap

1.28 Arab

Total

20.0 Lakh

Public

4.0 Lakh

Promoter

16.0 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

31.65

ADX

33.77

Overall Score

15
Below Line

Technical Score

Moving Averages

SMA 20

663.87

SMA 50

675.18

Bands & Channels

BB Width %

7.94%

Volume & Flow

OBV

209,001

Flow Analysis

[ Live 2026-08-10 ]

Total Buy

6,449

Shares Bought

Total Sell

6,449

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

46

Participating

ACCUM/DIST

Accumulation 54%

Distribution 46%

Accumulators

3

Quantity

2,897

Amount

1,881,865

Avg Rate

649.59

Rank

#105

Brokers

#14#8#44

Distributors

2

Quantity

2,425

Amount

1,576,522

Avg Rate

650.11

Rank

#104

Brokers

#13#17

Net Flow Impact:

+472units
(Rs. 305,343)

Net Flow by Timeframe

SPL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 11,064 ]

Buy Side

Total: 5,212

Broker

QTY

AVG

NET

%

14

1,532

652.45

+1,085

23.8%

8

865

644.81

+865

13.4%

44

500

649.10

+500

7.8%

26

391

647.00

+391

6.1%

78

370

649.46

+370

5.7%

71

300

659.70

+300

4.7%

74

270

644.75

+270

4.2%

10

220

643.18

+220

3.4%

47

200

646.17

+200

3.1%

39

134

649.15

+124

2.1%

51

111

638.50

+111

1.7%

1

110

646.41

+110

1.7%

25

100

644.20

+90

1.6%

21

59

666.26

+59

0.9%

38

50

645.00

+40

0.8%

Sell Side

Total: 5,852

Broker

QTY

AVG

NET

%

13

1,615

650.53

-1,545

25.0%

17

810

649.28

-800

12.6%

42

800

642.56

-427

12.4%

58

640

653.16

-390

9.9%

22

500

645.52

-420

7.8%

81

430

648.80

-430

6.7%

48

290

642.49

-290

4.5%

35

165

650.86

-155

2.6%

92

130

655.00

-130

2.0%

34

110

655.91

-60

1.7%

59

106

647.00

-52

1.6%

45

102

646.74

-102

1.6%

49

90

640.00

-80

1.4%

56

44

659.27

-44

0.7%

33

20

657.90

-20

0.3%

Financial Fundamentals

Financial MetricFY25/26 Q3FY24/25 Q3FY23/24 Q3FY22/23 Q3Growth %
Sources of Fund
Equity
Paid up Capital200,000200,000200,00000.00%
Reserves and Surplus2,223-11,015-25,5440+120.18%
Other Equity0.000.000.000-
Total Equity202,223188,985174,4560+7.00%
Non Current Liabilities
Financial Liabilities28,25130,56033,0080-7.56%
Other Non Current Liabilities2,03371400+184.61%
Total Non Current Liabilities30,28431,27433,0080-3.17%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)153,955156,410146,5510-1.57%
Capital Work In Progress0.000.000.000-
Intangible Assets0.000.000.000-
Financial Assets (Investments)51,68151,68151,68100.00%
Other Non Current Assets0.000.000.000-
Total Non Current Assets205,636208,091198,2320-1.18%
Current Assets
Receivables9,9572,93600+239.17%
Inventories0.000.000.000-
Cash and Cash Equivalent3,1665,6242,1950-43.71%
Financial Assets0.000.000.000-
Other Current Assets21,54826,78151,1460-19.54%
Total Current Assets (A)34,67135,34153,3410-1.90%
Current Liabilities
Financial Liabilities28,25130,56033,0080-7.56%
Payables2,1007,3177,0650-71.30%
Other Current Liabilities0.000.000.000-
Total Current Liabilities (B)7,80023,17244,1090-66.34%
Net Current Assets (A-B)26,87112,1699,2330+120.83%

Sector Peers — HydroPower (30)

Peer Comparison

HydroPower SECTOR — NEPAL

2025/2026 Q3

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

410-4.02-0.97%00.0571.360.244.27-19.31-13.75---94.7510.28-28.49--36.1148.010.24-5.08-3.62%2.52-24.52-17.46%-

AHPC

265-0.9-0.34%0.010.07110.7140.790.074.415.94121.647.5358.343.565.83-46.6368.2740.793.85.12%6.714.095.52%90.05

AKJCL

366.9+4.82+1.33%0.010.0992.422.950.382.562.2868.8647.6522.225.79156.8811.71181.1462.122.951.961.75%7.442.82.5%100

AKPL

254.7-1.9-0.74%0.010.1103.420.870.854.927.23129.7155.1228.853.5856.50.1636.9328.980.872.84.12%9.414.927.24%97.9

APHL

82800%0---------------------

API

328.5-1.48-0.45%0.020.12115.320.261.1913.7611.48172.5929.3650.484.0325.310.3330.3122.70.265.894.91%13.7312.5110.44%85.97

APPOLO

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

BARUN

318.7-2.51-0.78%00.08107.7212.050.232.012.9684.745.6622.494.58184.031.34114.8673.512.051.852.73%5.242.483.66%100

BEDC

319.1-3.91-1.21%00.0847.883.662.22-0.12-2.01-119.74-1.0212.92-3,866.67--179.668.063.66-0.07-1.29%7.13-0.25-4.1%-

BENI

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

BGWT

548-8.01-1.44%00.19112.6713.690.2911.1611.9173.699.2343.938.9167.473.2755.1352.713.698.158.69%12.9210.3911.08%88.19

BHCL

490+0.98+0.2%0.010.15109.645.10.2910.4311.11165.5517.651.486.7753.40.2153.4748.865.17.928.44%12.451313.85%97.02

BHDC

42600%0.010.16117.432.911.0913.229.42157.7646.5133.325.5536.970.5149.1521.892.915.393.84%13.4311.898.46%99.99

BHL

206.9-2.01-0.96%0.010.1479.952.551.978.594.690.9765.2126.823.8526.9--12.822.533.641.95%13.1710.995.88%85.68

BHPL

482.5-14.51-2.92%00.0850.031.431.97-0.59-3.5-182.17-4.6114.92-948.98--156.7478.421.25-0.39-2.31%7.73-1.11-6.64%-

BJHL

670-24.01-3.46%0.010.0988.8248.251.06-3.26--297.83-19.6818.61-380.37--133.2348.25-1.77-6.48-3.67--

BNHC

282-4.21-1.47%00.1584.30.62.947.780.059.74101.7915.945.5845.370.016,67612.860.62.310.01%13.599.290.05%100

BPCL

649.8-0.19-0.03%0.020.11210.336.810.0911.719.24209.113.4348.064.5361.051.3773.5852.176.455.053.99%6.515.64.42%81.76

BUNGAL

584-0.82-0.14%0.010.1184.680.23.26-0.79----2.069.68-778.48--28.760.2-0.21-5.6-0.92--

CHCL

484-1.99-0.41%0.050.0912122.010.046.426.63134.35-55.485.4677.17-74.7276.121.295.135.3%6.715.355.52%72.57

CHL

267.9-0.11-0.04%00.1485.092.221.033.251.2148.1385.5713.544.69920.73240.522.122.171.890.7%10.455.82.16%100.94

CKHL

581-2.98-0.51%00.1190.170.422.234.30.6536.3175.5412.7510.56166.050.941,023.0837.640.421.440.21%10.274.630.69%100

DHEL

620+35.09+6%0.010.04128.020.71.31-4.33--284.93-38.816.74-149.42--103.070.7-1.47-3.75-3.37--

DHPL

288-2-0.69%00.135.060.1555.112.921.0610.99100.657.8682.71107.50.22284.9115.020.1510.36%13.7660.9622.15%100

DOLTI

32000%00.158.540.942.250.83-2.27-118.774.2710.91577.113.38-154.1943.890.940.43-1.18%9.41.39-3.79%100

DORDI

249.9+2.89+1.17%0.010.08105.55.60.680.83-0.88-71.376.373.72354.222.82-311.1440.165.440.51-0.53%6.241.12-1.19%101.05

EHPL

339-4.99-1.45%00.1477.732.591.276.424.3787.4254.0825.27.2465.730.4388.7629.442.593.612.45%13.168.485.77%97.99

GHL

229.8+1.8+0.79%00.0695.0720.910.44-2.15-2.14-256.14-28.163.62-120--109.8160.0320.91-1.55-1.54%3.37-2.24-2.23%-

GLH

257.6+0.69+0.27%00.09111.360.024.662.182.6180.870.394.093.36128.98.6101.539.380.020.360.43%0.361.972.37%100

GVL

480-1.98-0.41%0.020.16125.771.951.519.1814.85204.9958.6238.155.326.070.793317.691.645.974.63%10.1516.1212.49%100
AVG412.4-1.29-0.31%0.010.10895.937.43.433.943.46110.4188.9514.099.903-144.372.166357.22246.9597.342.172.05%8.585.843.7%94.96
MED352.95-1.69-0.41%00.195.072.551.193.252.79106.3161.9115.945.5856.50.7953.4743.892.531.891.85%7.734.634.04%100
MAX82835.096%0.050.19210.3348.2555.1119.1814.85209.11297.8358.3482.71577.1111.716,676133.2348.258.158.69%13.7660.9622.15%101.05
MIN206.9-24.01-3.46%00.045.060.020.04-19.31-13.759.740.39-94.753.36-3,866.670.01-311.149.380.02-5.08-3.62%0.36-24.52-17.46%72.57

30

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum