Upper Tamakoshi Hydropower Ltd

HydroPowerHigh Cap

NPR 183.00

NPR +1+0.55%

09:14 AM NPT · Sep 7, 2026

Est. 2063-12-13 B.S. (established by Nepal Electricity Authority; converted into a public-operated special purpose company) · Trade Tower, Thapathali, Kathmandu, Nepal · CEO: Mohan Prasad Gautam

Upper Tamakoshi Hydropower Limited is the company behind the Upper Tamakoshi Hydroelectric Project (UTKHEP) the largest hydropower plant in Nepal. The project harnesses the waters of the Tamakoshi River, using a substantial hydraulic head of 822 m and a run-of-river, peaking design with six Pelton-type turbine units. With installed capacity of 456 MW, the Upper Tamakoshi plant commissioned in full in 2021 was envisioned to produce up to 2,281 GWh annually, significantly boosting Nepal’s domestic electricity supply and reducing dependence on imports or foreign energy. Because it’s a peaking plant, during dry seasons it provides the essential flexibility to meet peak demand, while during rainy season it contributes substantially to the national grid. The company was originally established in March 2007 by the national utility Nepal Electricity Authority (NEA) to serve as the executing and owning agency for this ambitious project. Shareholding is structured such that 51% is held by public/state-related entities (NEA, Nepal Telecom (NTC), Citizen Investment Trust (CIT), and Rastriya Beema Sansthan (RBS)), with the remainder allocated among general public, residents of Dolakha district, Employees Provident Fund contributors, and staff of NEA or other financial institutions. Given its size, generation potential, and domestic financing base, Upper Tamakoshi represents a landmark in Nepal’s push for energy self-sufficiency, renewable energy adoption, and domestic infrastructure investment. Beyond electricity generation, the project’s success has broader implications for economic development, energy security, export potential, and stabilization of supply especially given Nepal’s historic reliance on seasonal hydropower and imports.

Trading

Open

182.00

High

185.00

Low

182.00

Prev Close

182.00

Volume

70,470

Turnover

Rs 12,922,157.5

Txns

0

Valuation · Q4 FY25/26

EPS Ann.

4.37

EPS TTM

4.37

BVPS

44.48

P/E Ann.

41.88

P/E TTM

41.88

Graham #

66.13

Capital

Mkt Cap

38.76 Arab

Total

21.18 Crore

Public

21.18 Crore

Promoter

0.0

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Weak

Momentum

RSI (14)

22.22

ADX

14.1

Overall Score

27
Below Line

Technical Score

Moving Averages

SMA 20

188.42

SMA 50

192.14

Bands & Channels

BB Width %

9.32%

Volume & Flow

OBV

-2,402,689

Flow Analysis

[ Live 2026-09-07 ]

Total Buy

261,491

Shares Bought

Total Sell

261,491

Shares Sold

Net Flow

0

Net Accumulation

Active Brokers

84

Participating

ACCUM/DIST

Accumulation 40%

Distribution 60%

Accumulators

5

Quantity

68,460

Amount

12,507,957

Avg Rate

182.70

Rank

#34

Brokers

#4#42#58#5#6

Distributors

4

Quantity

102,202

Amount

18,641,270

Avg Rate

182.40

Rank

#27

Brokers

#65#66#51#36

Net Flow Impact:

-33,742units
(Rs. -6,133,313)

Net Flow by Timeframe

UPPER — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 324,991 ]

Buy Side

Total: 148,811

Broker

QTY

AVG

NET

%

58

19,750

182.27

+10,597

7.5%

49

14,093

182.81

+8,234

5.4%

42

13,752

183.03

+10,665

5.3%

4

13,740

182.84

+11,684

5.3%

5

11,273

183.21

+10,253

4.3%

45

10,755

182.46

+7,632

4.1%

6

9,945

182.35

+8,408

3.8%

14

8,339

182.42

+6,385

3.2%

10

8,100

182.49

+7,980

3.1%

39

7,761

182.28

+6,736

3.0%

53

7,248

183.65

+6,148

2.8%

19

6,830

181.68

+6,549

2.6%

59

6,178

180.60

+5,678

2.4%

57

5,592

182.82

+2,659

2.1%

32

5,455

182.77

+4,505

2.1%

Sell Side

Total: 176,180

Broker

QTY

AVG

NET

%

51

34,759

182.50

-18,590

13.3%

65

30,710

182.20

-25,110

11.7%

66

20,013

182.24

-20,013

7.7%

36

16,720

182.74

-16,051

6.4%

34

9,603

182.71

-4,676

3.7%

1

9,476

182.71

-7,226

3.6%

38

8,315

181.70

-2,634

3.2%

13

8,070

182.02

-4,556

3.1%

35

7,286

181.98

-4,160

2.8%

71

6,000

183.08

-3,177

2.3%

8

5,706

182.96

-3,622

2.2%

17

5,404

182.25

-2,854

2.1%

46

4,978

183.79

-4,493

1.9%

48

4,911

182.33

-2,442

1.9%

28

4,229

181.38

-4,019

1.6%

Financial Fundamentals

Financial MetricFY25/26 Q4FY24/25 Q4FY23/24 Q4FY22/23 Q4Growth %
Sources of Fund
Equity
Paid up Capital21,180,00021,180,00021,180,00000.00%
Reserves and Surplus-12,635,347-12,453,703-10,046,7610-1.46%
Other Equity876,421876,421913,77300.00%
Total Equity9,421,0749,602,71812,047,0120-1.89%
Non Current Liabilities
Financial Liabilities67,096,36769,241,71671,134,7320-3.10%
Other Non Current Liabilities0.000.000.000-
Total Non Current Liabilities67,096,36769,241,71671,134,7320-3.10%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)72,932,03176,828,23379,802,3320-5.07%
Capital Work In Progress2,234,3471,855,0101,367,0960+20.45%
Intangible Assets0.000.000.000-
Financial Assets (Investments)0.000.000.000-
Other Non Current Assets0.000.000.000-
Total Non Current Assets75,166,37878,683,24381,169,4280-4.47%
Current Assets
Receivables0.000.000.000-
Inventories70,93655,18623,3930+28.54%
Cash and Cash Equivalent1,251,524760,0531,229,6380+64.66%
Financial Assets0.000.000.000-
Other Current Assets4,454,5884,903,6953,485,0290-9.16%
Total Current Assets (A)5,777,0485,718,9334,738,0600+1.02%
Current Liabilities
Financial Liabilities67,096,36769,241,71671,134,7320-3.10%
Payables0.000.000.000-
Other Current Liabilities2,280,5663,294,5271,463,7330-30.78%
Total Current Liabilities (B)4,425,9855,557,7422,725,7440-20.36%
Net Current Assets (A-B)1,351,063161,1912,012,3160+738.18%

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

360-6-1.64%00.0668.430.284.81-17.41-17.41---72.656.05-23.78--22.7517.280.28-4.43-4.43%0.3-22.42-22.42%-

AHPC

253.3+5.09+2.05%0.010.06109.7147.90.073.413.4191.758.4948.032.3976.86-76.5136.9247.92.912.91%5.93.153.15%87.4

AKJCL

340.6+0.31+0.09%0.010.0993.693.150.373.183.1881.8845.6128.353.6105.971.99109.7230.063.122.452.45%7.63.453.45%100

AKPL

250+5+2.04%0.010.06101.770.70.851.021.0248.3379.0712.992.45244.12-244.1231.640.70.750.75%3.931.341.34%109.6

APHL

690+16.7+2.48%00.04102.410.512.26-4.12----28.498-198.79--56.640.48-1.23--0.11-4.02--

API

329+2.9+0.89%0.020.12119.510.411.0515.0615.06201.2438.454.372.6821.290.222.2411.580.416.486.48%11.2513.3613.36%85.19

APPOLO

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

BARUN

312+5+1.63%00.09108.196.740.232.082.0871.1640.7221.392.96153.8-153.8932.886.741.911.91%5.632.542.54%85.88

BEDC

287+1+0.35%00.0746.284.952.24-1.7-1.7-218.78-14.776.66-181.18--181.1826.834.95-1.1-1.1%6.83-3.59-3.59%-

BENI

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

BGWT

474-3.01-0.63%00.16113.36.450.289.019.01151.5510.8339.644.8260.6-57.7624.036.456.536.53%11.288.228.22%88.19

BHCL

543+3.02+0.56%00.15112.532.140.1610.8110.81165.4415.9651.47441.630.3450.0521.432.147.517.51%13.610.0810.08%96.98

BHDC

422+7.71+1.86%00.15118.322.691.2811.7911.79177.1649.4330.693.5835.880.336.0511.012.694.64.6%12.410.5910.59%97.41

BHL

201+3.01+1.52%0.010.1381.221.81.967.727.72118.7862.3524.482.5126.420.1626.816.471.723.233.23%12.259.919.91%83.13

BHPL

432-6-1.37%00.0850.031.141.86-0.3-0.3-133.02-2.639.16-1,527.67--1,593.3340.591.04-0.2-0.2%8.83-0.57-0.57%-

BJHL

653+5.12+0.79%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

263.8+4.31+1.66%00.13100.597.620.971.491.4958.07111.026.462.76186.581.48186.9812.027.620.80.8%9.682.142.14%97.01

BPCL

645+11.4+1.8%0.020.1210.877.050.099.849.84216.073.1941.843.1767.891.3967.0728.416.524.184.18%5.364.694.69%80.94

BUNGAL

526+11.02+2.14%00.0981.420.213.4-3.84----11.287.18-152.34--17.190.21-1.07-4.34-4.71--

CHCL

369.2-1-0.27%0.040.1123.925.950.047.597.59145.46-61.663.8362.6-63.8238.5924.625.985.98%7.156.26.2%78.75

CHL

250.5+0.5+0.2%00.1384.292.081.031.721.7257.1192.027.563.04148.841.36154.6511.252.0311%9.263.123.12%101.74

CKHL

591-23.98-3.9%00.11100.190.831.9613.2513.25172.8377.740.336.3748.150.0444.9319.420.834.444.44%9.7313.8513.85%100

DHEL

577+6+1.05%0.010.04118.140.451.37-9.88----89.334.57-54.67--48.830.45-3.52-2.24-8.36--

DHPL

272+8+3.03%00.148.380.2333.095.515.5132.23-13.9332.8249.910.1250.826.950.231.891.89%14.8493.6393.63%100

DOLTI

280-2-0.71%00.159.871.112.20.870.8734.23125.134.655.31365.43.03351.8417.081.110.450.45%9.331.481.48%100

DORDI

240+3.29+1.39%00.07106.31.830.911.421.4258.2857.1510.912.32173.941.22173.7318.971.810.760.76%5.941.351.35%106.79

EHPL

315+3+0.96%00.1376.32.471.283.393.3976.2969.8214.324.396.840.894.7513.862.471.931.93%11.584.544.54%98

GHL

228+7.01+3.17%00.0695.054.740.45-1.33-1.33-154.32-15.982.26-161.65--173.6825.94.74-0.94-0.94%3.92-1.38-1.38%-

GLH

246.2+1.2+0.49%00.1112.050.034.812.332.3376.640.323.682.17104.29-108.283.840.030.370.37%0.392.092.09%100

GVL

485.9+6.9+1.44%0.020.14124.331.41.5212.9412.94190.2682.629.873.8637.092.6537.3311.091.244.074.07%8.2910.9410.94%97.08
AVG387.022.70.82%0.010.1974.912.562.974.32111.2477.7210.585.374-16.211.0775.8523.64.831.732.32%7.455.677.45%94.7
MED334.83.161.01%00.1101.181.961.172.213.2986.8266.0913.463.84549.031.0160.7920.4251.921.441.92%7.382.833.3%97.25
MAX69016.73.17%0.040.16210.8747.933.0915.0615.06216.07233.8261.6632.82365.43.03351.8456.6447.97.517.51%14.8493.6393.63%109.6
MIN201-23.98-3.9%00.048.380.030.04-17.41-17.4132.230.32-89.332.17-1,527.670.04-1,593.333.840.03-4.43-4.43%-0.11-22.42-22.42%78.75

30

securities loaded

Best in class

Laggard

AVG

Average

MED

Median

MAX

Maximum

MIN

Minimum