Vision Lumbini Urja Company Limited

HydroPowerHigh Cap

NPR 376.90

NPR +0.9+0.24%

09:14 AM NPT · Nov 6, 2026

Est. 2070 B.S. (registered under Company Act; transitioned into public company after NEPSE listing in 2080/2081) · Lumbini Province, Nepal (Corporate operations linked with Vision Lumbini Group)

Vision Lumbini Urja Company Limited is a Nepali hydropower-focused company established to harness renewable energy resources and contribute to Nepal’s energy sector. Its flagship undertaking is the 25 MW Seti River Hydropower Project (Seti-Khola run-of-river plant) located in Kaski district. The company traces its corporate origin to the broader group Vision Lumbini Ltd. a multi-sector enterprise with interests across energy, tourism, transport and more. Vision Lumbini Urja Company was formally registered as a distinct entity as part of Vision Lumbini’s expansion into energy projects.With the commissioning of the 25 MW plant (commercial operation began November 11, 2024), VLUCL moved from development phase into production, generating electricity to supply to the national grid under a long-term Power Purchase Agreement (PPA) with the Nepal Electricity Authority (NEA). Beyond hydropower, the company’s charter and long-term vision include exploring other renewable energy sources (solar, wind, biomass), investing in generation, transmission and distribution infrastructure, and potentially engaging in energy-related financial instruments or partnerships. In late 2023, the company was listed on the Nepal Stock Exchange (NEPSE) under the ticker symbol “VLUCL,” publicly floating its shares. Since then, VLUCL has attracted attention from investors looking for exposure to Nepal’s hydropower sector, and its stock trades with a paid-up capital of NPR 1,912,500,000. Financial-rating agencies have recently upgraded VLUCL’s issuer rating citing the successful commissioning of the Seti-Khola hydropower plant, institutional backing from experienced promoters (including Hydro Electricty Investment & Development Company Limited, HIDCL), and a long-term PPA with NEA that reduces tariff and offtake risk. Still, as a recently operational plant, VLUCL faces typical hydropower sector risks: hydrology and seasonal water flow variability, “dry-season energy short-supply” clauses in PPA, operational stabilization, and the need to sustain generation and cash flows.

visionlumbiniurja.com/facebook

Trading

Open

376.00

High

380.00

Low

365.00

Prev Close

376.00

Volume

6,612

Turnover

Rs 2,474,551.7

Txns

Valuation · Q4 FY25/26

EPS Ann.

4.73

EPS TTM

4.73

BVPS

137.71

P/E Ann.

79.68

P/E TTM

79.68

Graham #

121.06

Capital

Mkt Cap

7.06 Arab

Total

1.87 Crore

Public

37.45 Lakh

Promoter

1.5 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

47.71

ADX

42.69

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

375.06

SMA 50

381.27

Bands & Channels

BB Width %

6.21%

Volume & Flow

OBV

401,042

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

37,507

Shares Bought

Total Sell

37,507

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 55%

Distribution 45%

Accumulators

Quantity

12,240

Amount

4,587,742

Avg Rate

374.82

Rank

#85

Brokers

#58#5#42

Distributors

Quantity

10,196

Amount

3,813,401

Avg Rate

374.01

Rank

#96

Brokers

#17#64#1

Net Flow Impact:

+2,044units

(Rs. 774,341)

Net Flow by Timeframe

VLUCL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 55,144 ]

Buy Side

Total: 28,547

Broker

QTY

AVG

NET

7,512

374.41

+5,742

20.0%

3,327

374.19

+206

8.9%

2,443

374.50

+1,933

6.5%

2,285

376.48

+2,121

6.1%

2,160

374.51

+1,800

5.8%

1,800

372.17

+801

4.8%

1,730

373.88

+1,570

4.6%

1,350

373.00

+1,350

3.6%

1,285

373.91

+731

3.4%

1,000

372.00

+1,000

2.7%

1,000

376.12

+800

2.7%

920

372.00

+870

2.5%

695

373.39

+685

1.9%

540

368.90

+445

1.4%

500

382.40

+500

1.3%

Sell Side

Total: 26,597

Broker

QTY

AVG

NET

5,512

373.23

-4,987

14.7%

3,510

375.42

-1,151

9.4%

2,612

373.60

-2,612

7.0%

2,072

376.59

-2,072

5.5%

1,961

371.93

-211

5.2%

1,810

377.03

-1,810

4.8%

1,530

374.66

-1,530

4.1%

1,410

376.55

-1,410

3.8%

1,230

373.18

-730

3.3%

1,140

371.45

-1,040

3.0%

1,050

376.33

-50

2.8%

1,010

375.08

-1,010

2.7%

750

374.77

-437

2.0%

500

371.20

-300

1.3%

500

375.44

-500

1.3%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Sources of Fund
Equity
Paid up Capital	1,912,500	1,912,500	1,912,500	0	0.00%
Reserves and Surplus	721,270	652,997	771,283	0	+10.46%
Other Equity	0.00	0.00	0.00	0	-
Total Equity	2,633,770	2,565,497	2,683,783	0	+2.66%
Non Current Liabilities
Financial Liabilities	3,792,610	4,243,938	3,817,498	0	-10.63%
Other Non Current Liabilities	0.00	0.00	0.00	0	-
Total Non Current Liabilities	3,792,610	4,243,938	3,817,498	0	-10.63%
Application of Fund
Non Current Assets
Property Plant and Equipment (Net)	6,057	23,020	180,371	0	-73.69%
Capital Work In Progress	0.00	0.00	0.00	0	-
Intangible Assets	6,217,956	6,721,511	6,153,975	0	-7.49%
Financial Assets (Investments)	0.00	0.00	0.00	0	-
Other Non Current Assets	16,479	0	28,776	0	-
Total Non Current Assets	6,240,492	6,744,531	6,363,122	0	-7.47%
Current Assets
Receivables	0.00	0.00	0.00	0	-
Inventories	0.00	0.00	0.00	0	-
Cash and Cash Equivalent	288,599	96,186	2,522	0	+200.04%
Financial Assets	94,663	46,073	24,726	0	+105.46%
Other Current Assets	59,473	147,880	334,932	0	-59.78%
Total Current Assets (A)	442,734	290,139	362,180	0	+52.59%
Current Liabilities
Financial Liabilities	3,792,610	4,243,938	3,817,498	0	-10.63%
Payables	0.00	0.00	0.00	0	-
Other Current Liabilities	40,057	10,043	4,332	0	+298.85%
Total Current Liabilities (B)	256,846	225,235	224,021	0	+14.03%
Net Current Assets (A-B)	185,888	64,904	138,159	0	+186.41%

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)	PEG	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	2.05	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	0.2	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	0.34	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	0.31	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	0.16	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	1.49	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	1.46	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	1.37	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	0.04	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	0.12	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	3.06	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	1.3	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	0.83	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	2.71	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	1.103	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	1.065	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	3.06	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	0.04	-1,566.67	3.84	0.03	-4.43	-4.43%	-0.11	-22.42	-22.42%	78.75