Himal Dolakha Hydropower Company Limited (HDHPC) Share Price & Fundamentals

Himal Dolakha Hydropower (HDHPC) share price is Rs. 226.00, up 2.49% on 2026-09-22. Open Rs. 220.00. High Rs. 230.00. Low Rs. 219.10. Volume 487,382.

Himal Dolakha Hydropower Company Limited is a NEPSE-listed company (HDHPC), Hydro Power sector. Revenue: Rs. 6.96 Crore. Net loss: Rs. 9.52 Crore. Net worth: Rs. 211.05 Crore.

About Himal Dolakha Hydropower Company Limited

Himal Dolakha Hydropower Company Limited (HDHPC) has 2,80,00,000 shares outstanding.

HDHPC key metrics

Market Cap	Rs. 632.80 Crore
Loss Per Share	Rs. 2.02
Loss Per Share (TTM)	Rs. 3.40
Book Value	Rs. 75.37
Dividend Yield	0.00%
Face Value	Rs. 100.00
52 Week High	Rs. 274.00
52 Week Low	Rs. 165.10

HDHPC strengths

What Himal Dolakha Hydropower Company Limited's own accounts show in its favour, graded against the rest of its sector.

Debt sits at just 0.1x of shareholders' money, so lenders have little claim on the company. (Leverage & Solvency)
89.6% of everything it owns was paid for by shareholders rather than borrowed. (Leverage & Solvency)
Keeps 55.9% of every sale after paying to make the product, leaving room for running costs and profit. (Margins)

HDHPC weaknesses

What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.

Return on shareholders' money is -2.7%, less than most savers would expect. (Profitability)
Sales moved -40.8% on last year, so the business is not winning new custom. (Growth)
Interest cover is -2.43x, so a bad year could make loans hard to service. (Leverage & Solvency)
Return on the money tied up in the business is -1.5%, so capital is not working hard. (Profitability)
Return on everything it owns is -2.4%, so its assets are sitting relatively idle. (Profitability)
Every rupee of assets brings in only 0.05x of sales, so its assets generate little trade. (Efficiency)
Short term bills are covered only 0.98x over, so a slow month could squeeze cash. (Liquidity)
Shareholders' stake moved -2.6% over the year, so value is not accumulating. (Shareholder Returns)
Cash is only 0.4% of what it owns, so there is little spare for a surprise. (Liquidity)
What the company owns moved 0.4%, so it is not putting money into growth. (Growth)
Buildings and machinery tie up 73.4% of everything it owns, which is hard to sell in a downturn. (Efficiency)

HDHPC Q4 2082/83 results

In Q4 2082/83 Himal Dolakha Hydropower Company Limited reported a loss of Rs. 0.36 crore. Profit in Q3 2082/83 was a loss of Rs. 3.11 crore. The loss narrowed 88.35% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 0.62 crore. Profit turned from a profit to a loss on the same quarter last year. Revenue from operations turned from a profit to a loss on the same quarter last year.

HDHPC annual results 2082/83

For the financial year 2082/83 Himal Dolakha Hydropower Company Limited reported a net loss of Rs. 9.52 crore, revenue from operations of Rs. 6.96 crore and net worth of Rs. 211.05 crore. Net profit in 2081/82 was a loss of Rs. 5.64 crore. The loss widened 68.71% on the year. Revenue from operations fell 40.76% on the year.

HDHPC profit and loss for 2082/83

In the financial year 2082/83, Himal Dolakha Hydropower Company Limited reported revenue from operations of Rs. 6.96 crore, gross profit of Rs. 3.89 crore, operating profit of Rs. 6.75 crore, profit before tax of Rs. 9.52 crore and net profit for the year of Rs. 9.52 crore.

Reported under gross profit: cost of sales of Rs. 3.07 crore. Reported under operating profit: administrative expenses of Rs. 1.47 crore and depreciation and amortisation of Rs. 9.16 crore. Reported under profit before tax: finance costs of Rs. 2.78 crore.

HDHPC profit and loss for 2081/82

In the financial year 2081/82, Himal Dolakha Hydropower Company Limited reported revenue from operations of Rs. 11.75 crore, gross profit of Rs. 6.1 crore, operating profit of Rs. 3.54 crore, profit before tax of Rs. 5.64 crore and net profit for the year of Rs. 5.64 crore.

Reported under gross profit: cost of sales of Rs. 5.65 crore. Reported under operating profit: other income of Rs. 0 crore, administrative expenses of Rs. 0.37 crore, employee benefit expenses of Rs. 0.99 crore, depreciation and amortisation of Rs. 8.28 crore and allowance for expected credit loss of Rs. 0 crore. Reported under profit before tax: finance costs of Rs. 2.11 crore and gain on investments through fair value of Rs. 0 crore. Reported under net profit for the year: current tax of Rs. 0 crore and deferred tax of Rs. 0 crore.

HDHPC profit and loss for 2080/81

In the financial year 2080/81, Himal Dolakha Hydropower Company Limited reported revenue from operations of Rs. 11.17 crore, gross profit of Rs. 9.1 crore, operating profit of Rs. 0.14 crore, profit before tax of Rs. 2.62 crore and net profit for the year of Rs. 2.62 crore.

Reported under gross profit: cost of sales of Rs. 2.07 crore. Reported under operating profit: other income of Rs. 0 crore, administrative expenses of Rs. 0.51 crore, employee benefit expenses of Rs. 0.72 crore, depreciation and amortisation of Rs. 8 crore and allowance for expected credit loss of Rs. 0 crore. Reported under profit before tax: finance costs of Rs. 2.48 crore and gain on investments through fair value of Rs. 0 crore. Reported under net profit for the year: current tax of Rs. 0 crore and deferred tax of Rs. 0 crore.

HDHPC balance sheet for 2081/82

In the financial year 2081/82, Himal Dolakha Hydropower Company Limited reported total non-current assets of Rs. 229.87 crore, total current assets of Rs. 5.79 crore, total equity of Rs. 211.05 crore, total non-current liabilities of Rs. 18.7 crore and total current liabilities of Rs. 5.91 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 172.87 crore and investment in associates of Rs. 57 crore. Reported under total current assets: trade receivables of Rs. 4.14 crore, cash and cash equivalents of Rs. 0.89 crore, income tax assets (net) of Rs. 0 crore, other financial assets of Rs. 0.37 crore and other current assets of Rs. 0.38 crore. Reported under total equity: share capital of Rs. 280 crore and other equity of Rs. 68.95 crore. Reported under total non-current liabilities: long term borrowings of Rs. 18.7 crore. Reported under total current liabilities: short term borrowings of Rs. 2.53 crore, other financial liabilities of Rs. 3.11 crore, other current liabilities of Rs. 0.27 crore and income tax liabilities (net) of Rs. 0 crore.

HDHPC balance sheet for 2080/81

In the financial year 2080/81, Himal Dolakha Hydropower Company Limited reported total non-current assets of Rs. 232.43 crore, total current assets of Rs. 2.38 crore, total equity of Rs. 216.69 crore, total non-current liabilities of Rs. 13.25 crore and total current liabilities of Rs. 4.87 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 175.43 crore and investment in associates of Rs. 57 crore. Reported under total current assets: trade receivables of Rs. 1.42 crore, cash and cash equivalents of Rs. 0.32 crore, income tax assets (net) of Rs. 0 crore, other financial assets of Rs. 0.04 crore and other current assets of Rs. 0.6 crore. Reported under total equity: share capital of Rs. 280 crore and other equity of Rs. 63.31 crore. Reported under total non-current liabilities: long term borrowings of Rs. 13.25 crore. Reported under total current liabilities: short term borrowings of Rs. 2.45 crore, other financial liabilities of Rs. 2.25 crore, other current liabilities of Rs. 0.17 crore and income tax liabilities (net) of Rs. 0 crore.

HDHPC cash flow for 2081/82

In the financial year 2081/82, Himal Dolakha Hydropower Company Limited reported opening cash & cash equivalents of Rs. 0.32 crore, net cash from operating activities of Rs. 2.94 crore, net cash from investing activities of Rs. 5.72 crore, net cash from financing activities of Rs. 3.35 crore, net change in cash of Rs. 0.57 crore and closing cash & cash equivalents of Rs. 0.89 crore.

Reported under net cash from operating activities: profit before tax of Rs. 5.64 crore, adjustment for depreciation and amortisation of Rs. 8.28 crore, adjustment for finance costs of Rs. 2.11 crore, changes in working capital of Rs. 1.8 crore and income tax paid of Rs. 0 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 5.72 crore, proceeds from sale of property, plant and equipment of Rs. 0 crore and purchase of investments of Rs. 0 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 5.46 crore, dividends paid of Rs. 0 crore and interest paid of Rs. 2.11 crore.

HDHPC cash flow for 2080/81

In the financial year 2080/81, Himal Dolakha Hydropower Company Limited reported opening cash & cash equivalents of Rs. 4.59 crore, net cash from operating activities of Rs. 76.66 crore, net cash from investing activities of Rs. 16.14 crore, net cash from financing activities of Rs. 88.53 crore, net change in cash of Rs. 4.27 crore and closing cash & cash equivalents of Rs. 0.32 crore.

Reported under net cash from operating activities: profit before tax of Rs. 2.62 crore, adjustment for depreciation and amortisation of Rs. 8 crore, adjustment for finance costs of Rs. 2.48 crore, changes in working capital of Rs. 84.34 crore and income tax paid of Rs. 0 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 16.14 crore, proceeds from sale of property, plant and equipment of Rs. 0 crore and purchase of investments of Rs. 0 crore. Reported under net cash from financing activities: repayment of borrowings of Rs. 2.23 crore, dividends paid of Rs. 0 crore and interest paid of Rs. 2.48 crore.

HDHPC quarterly for Q4 2082/83

In the quarter Q4 2082/83, Himal Dolakha Hydropower Company Limited reported revenue from operations of Rs. 0 crore, gross profit of Rs. 2.39 crore, operating profit of Rs. 1.16 crore, profit before tax of Rs. 0.36 crore and net profit for the year of Rs. 0.36 crore.

Reported under gross profit: cost of sales of Rs. 2.39 crore. Reported under operating profit: administrative expenses of Rs. 1.72 crore and depreciation and amortisation of Rs. 2.96 crore. Reported under profit before tax: finance costs of Rs. 1.52 crore.

HDHPC quarterly for Q3 2082/83

In the quarter Q3 2082/83, Himal Dolakha Hydropower Company Limited reported revenue from operations of Rs. 0 crore, gross profit of Rs. 0.56 crore, operating profit of Rs. 2.73 crore, profit before tax of Rs. 3.11 crore and net profit for the year of Rs. 3.11 crore.

Reported under gross profit: cost of sales of Rs. 0.56 crore. Reported under operating profit: administrative expenses of Rs. 0.53 crore and depreciation and amortisation of Rs. 1.63 crore. Reported under profit before tax: finance costs of Rs. 0.38 crore.

HDHPC quarterly for Q2 2082/83

In the quarter Q2 2082/83, Himal Dolakha Hydropower Company Limited reported revenue from operations of Rs. 0 crore, gross profit of Rs. 3.16 crore, operating profit of Rs. 7.25 crore, profit before tax of Rs. 7.68 crore and net profit for the year of Rs. 7.68 crore.

Reported under gross profit: cost of sales of Rs. 3.16 crore. Reported under operating profit: administrative expenses of Rs. 1.72 crore and depreciation and amortisation of Rs. 2.37 crore. Reported under profit before tax: finance costs of Rs. 0.43 crore.

HDHPC quarterly for Q1 2082/83

In the quarter Q1 2082/83, Himal Dolakha Hydropower Company Limited reported revenue from operations of Rs. 6.96 crore, gross profit of Rs. 5.21 crore, operating profit of Rs. 2.07 crore, profit before tax of Rs. 1.63 crore and net profit for the year of Rs. 1.63 crore.

Reported under gross profit: cost of sales of Rs. 1.75 crore. Reported under operating profit: administrative expenses of Rs. 0.94 crore and depreciation and amortisation of Rs. 2.2 crore. Reported under profit before tax: finance costs of Rs. 0.44 crore.

HDHPC Profit & Loss

Values in Rs. Crore unless stated otherwise.

Particulars	2082/83	2081/82	2080/81
Revenue from Operations	7.0	11.7	11.2
Gross Profit	3.9	6.1	9.1
Cost of Sales	-3.1	-5.6	-2.1
Operating Profit	-6.7	-3.5	-0.14
Other Income	Not reported	0.00	0.00
Administrative Expenses	-1.5	-0.37	-0.51
Employee Benefit Expenses	Not reported	-0.99	-0.72
Depreciation and Amortisation	-9.2	-8.3	-8.0
Allowance for Expected Credit Loss	Not reported	0.00	0.00
Profit Before Tax	-9.5	-5.6	-2.6
Finance Costs	-2.8	-2.1	-2.5
Gain on Investments through Fair Value	Not reported	0.00	0.00
Net Profit for the Year	-9.5	-5.6	-2.6
Current Tax	Not reported	0.00	0.00
Deferred Tax	Not reported	0.00	0.00

HDHPC Balance Sheet

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81
Total Non-Current Assets	230	232
Property, Plant and Equipment	173	175
Investment in Associates	57.0	57.0
Total Current Assets	5.8	2.4
Trade Receivables	4.1	1.4
Cash and Cash Equivalents	0.89	0.32
Income Tax Assets (Net)	0.00	0.00
Other Financial Assets	0.37	0.04
Other Current Assets	0.38	0.60
Total Equity	211	217
Share Capital	280	280
Other Equity	-69.0	-63.3
Total Non-Current Liabilities	18.7	13.2
Long Term Borrowings	18.7	13.2
Total Current Liabilities	5.9	4.9
Short Term Borrowings	2.5	2.4
Other Financial Liabilities	3.1	2.3
Other Current Liabilities	0.27	0.17
Income Tax Liabilities (Net)	0.00	0.00

HDHPC Cash Flow

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81
Opening Cash & Cash Equivalents	0.32	4.6
Net Cash from Operating Activities	2.9	-76.7
Profit Before Tax	-5.6	-2.6
Adjustment for Depreciation and Amortisation	8.3	8.0
Adjustment for Finance Costs	2.1	2.5
Changes in Working Capital	-1.8	-84.3
Income Tax Paid	0.00	0.00
Net Cash from Investing Activities	-5.7	-16.1
Purchase of Property, Plant and Equipment	-5.7	-16.1
Proceeds from Sale of Property, Plant and Equipment	0.00	0.00
Purchase of Investments	0.00	0.00
Net Cash from Financing Activities	3.3	88.5
Proceeds from Borrowings	5.5	Not reported
Repayment of Borrowings	Not reported	-2.2
Dividends Paid	0.00	0.00
Interest Paid	-2.1	-2.5
Net Change in Cash	0.57	-4.3
Closing Cash & Cash Equivalents	0.89	0.32

HDHPC Quarterly Results

Values in Rs. Crore unless stated otherwise.

Particulars	Q4 2082/83	Q3 2082/83	Q2 2082/83	Q1 2082/83	Q4 2081/82	Q3 2081/82	Q2 2081/82	Q1 2081/82
Revenue from Operations	-0.00	0.00	0.00	7.0	5.2	2.2	0.21	4.1
Gross Profit	2.4	-0.56	-3.2	5.2	4.6	2.0	-1.1	3.5
Cost of Sales	2.4	-0.56	-3.2	-1.7	-0.62	-0.25	-1.3	-0.58
Operating Profit	1.2	-2.7	-7.2	2.1	0.93	-0.57	-3.7	0.95
Other Income	Not reported	Not reported	Not reported	Not reported	0.00	Not reported	Not reported	Not reported
Administrative Expenses	1.7	-0.53	-1.7	-0.94	-1.0	-0.37	-0.62	-0.64
Depreciation and Amortisation	-3.0	-1.6	-2.4	-2.2	-2.6	-2.2	-2.0	-2.0
Profit Before Tax	-0.36	-3.1	-7.7	1.6	0.62	-1.0	-4.2	0.53
Finance Costs	-1.5	-0.38	-0.43	-0.44	-0.31	-0.45	-0.42	-0.42
Net Profit for the Year	-0.36	-3.1	-7.7	1.6	0.62	-1.0	-4.2	0.53

Himal Dolakha Hydropower share price history

Over the last 15 trading sessions HDHPC closed between Rs. 195.50 and Rs. 229.10, finishing at Rs. 226.00 on 2026-09-22 against Rs. 199.90 on 2026-08-26.

Date	Open	High	Low	Close	Volume
2026-09-22	220.00	230.00	219.10	226.00	4,87,382
2026-09-18	226.00	227.00	220.00	220.50	2,92,304
2026-09-17	230.00	230.00	222.00	224.20	2,67,565
2026-09-16	216.00	233.50	210.60	229.10	16,63,890
2026-09-15	222.00	225.00	214.00	216.50	2,25,624
2026-09-14	213.80	217.00	210.10	211.50	93,016
2026-09-11	207.00	215.00	203.70	213.80	2,92,330
2026-09-10	187.20	207.10	187.20	205.00	1,63,051
2026-09-09	200.80	203.70	197.00	197.00	65,850
2026-09-07	199.80	202.00	198.20	200.80	50,657
2026-09-03	200.90	201.70	198.00	198.30	51,411
2026-09-02	196.10	199.40	195.60	198.70	52,761
2026-09-01	198.00	200.00	194.00	196.50	84,217
2026-08-31	200.00	200.00	195.00	195.50	1,11,889
2026-08-26	203.00	204.10	197.00	199.90	2,39,107

HDHPC share price by year

2026, between Rs. 173.10 and Rs. 274.00, 2025, between Rs. 162.00 and Rs. 225.90, 2024, between Rs. 123.30 and Rs. 273.00, 2023, between Rs. 116.00 and Rs. 193.71, 2022, between Rs. 134.86 and Rs. 258.29 and 2021, between Rs. 109.14 and Rs. 316.51.

Year	Low (Rs.)	High (Rs.)	Sessions
2026	173.10	274.00	168
2025	162.00	225.90	225
2024	123.30	273.00	232
2023	116.00	193.71	227
2022	134.86	258.29	240
2021	109.14	316.51	239
2020	89.14	134.29	132

Himal Dolakha Hydropower share price returns

At Rs. 226.00 on 2026-09-22, HDHPC is up 4.39% over 1 week, up 8.76% over 1 month, up 6.86% over 3 months, down 10.67% over 6 months, up 24.52% over 1 year and down 8.02% over 5 years. Each return compares that close with the last close on or before the same date in the earlier period.

Period	Return	From price (Rs.)	From date
1 week	+4.39%	216.50	2026-09-15
1 month	+8.76%	207.80	2026-08-21
3 months	+6.86%	211.50	2026-06-24
6 months	-10.67%	253.00	2026-03-26
1 year	+24.52%	181.50	2025-09-21
5 years	-8.02%	245.71	2021-09-23

HDHPC floorsheet for 2026-09-22

HDHPC traded 867 times on 2026-09-22, moving 4,61,372 shares for Rs. 10.44 crore of turnover. Trades went through between Rs. 219.10 and Rs. 230.00.

Largest buyers by volume: broker 58, Naasa Securities Co. Ltd. on 1,57,650 shares across 227 trades, broker 42, Sani Securities Company Limited on 35,402 shares across 37 trades, broker 48, Trishakti Securities Public Limited on 22,460 shares across 52 trades, broker 35, Kohinoor Investment and Securities Pvt.Ltd on 16,210 shares across 32 trades, broker 29, Trishul Securities And Investment Limited on 11,700 shares across 21 trades, broker 49, Online Securities Limited on 10,390 shares across 16 trades, broker 45, Imperial Securities Co. Limited on 10,345 shares across 21 trades, broker 36, Secured Securities Limited on 10,297 shares across 18 trades, broker 62, Capital Max Securities Limited on 10,181 shares across 30 trades and broker 60, Nagarik Stock Dealer Company Ltd. on 10,150 shares across 12 trades.

Largest sellers by volume: broker 14, Nepal Stock House Pvt. Limited on 31,878 shares across 48 trades, broker 60, Nagarik Stock Dealer Company Ltd. on 28,900 shares across 26 trades, broker 42, Sani Securities Company Limited on 28,405 shares across 36 trades, broker 58, Naasa Securities Co. Ltd. on 24,732 shares across 83 trades, broker 48, Trishakti Securities Public Limited on 17,703 shares across 31 trades, broker 63, Himalayan Brokerage Company Limited on 16,829 shares across 20 trades, broker 49, Online Securities Limited on 16,042 shares across 41 trades, broker 99, Prabhu Stock Market Limited on 15,091 shares across 8 trades, broker 38, Dipshika Dhitopatra Karobar Co. Pvt.Limited on 14,845 shares across 32 trades and broker 25, Sweta Securities Pvt. Limited on 14,053 shares across 32 trades.

HDHPC right share issues

Right issues Himal Dolakha Hydropower Company Limited has announced. A right share is offered to existing shareholders in proportion to what they already hold.

: ratio 1: 0.75, opens 2023-06-05, closes 2023-07-10

HDHPC general meetings

Annual and special general meetings Himal Dolakha Hydropower Company Limited has called. A dividend is declared by the board and approved at the AGM.

17th and 18th AGM for 2081/2082: on 2026-07-10, at Big Banquet and Events Pvt. Ltd, Taukhel, Lalitpur (09:30 AM)
18th AGM for 2081/2082: on 2026-06-18
15th & 16th AGM for 2079/2080: on 2024-06-10, at K.M (Koteshwor Mahadevsthan) Banquet, Sahayoginagar, Koteshwor, Kathmandu (9:30 AM)

3 years of annual statements and 8 quarters of results for HDHPC, with charts and peer comparison, are free on NepView.

New to these statements? How to read a profit and loss statement, How to read a balance sheet, How to read a cash flow statement, How to read quarterly results.

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