Mandu Hydropower Limited (MANDU) Share Price & Fundamentals

Mandu Hydropower (MANDU) share price is Rs. 761.10, down 1.16% on 2026-10-12. Open Rs. 800.00. High Rs. 800.00. Low Rs. 760.60. Volume 6,060.

Mandu Hydropower Limited is a NEPSE-listed company (MANDU), Hydro Power sector. Revenue: Rs. 79.49 Crore. Net profit: Rs. 31.86 Crore. Net worth: Rs. 222.11 Crore.

About Mandu Hydropower Limited

Mandu Hydropower Limited (MANDU) has 1,36,36,370 shares outstanding. Its most recent declared dividend was 0.53% on face value.

MANDU key metrics

MANDU strengths

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

• Keeps 64.5% of every sale once the day to day costs of running the business are paid. (Margins)
• Turns 40.1% of every sale into final profit after all costs, interest and tax. (Margins)
• Sales grew 288.3% on last year, so more customers are buying or prices have risen. (Growth)
• Keeps 100% of every sale after paying to make the product, leaving room for running costs and profit. (Margins)
• Profit grew 414.8% on last year, and it is growing faster than most costs. (Growth)
• Earns 64.5% on everything it takes in, before interest and tax are paid. (Profitability)
• Shareholders' stake in the company grew 16.7% over the year, so value is building up. (Shareholder Returns)
• Earns 14.3% a year on the money shareholders have put in, which is the return owners actually get. (Profitability)
• Buildings and machinery are a modest 0% of assets, so it is not tied to heavy fixed costs. (Efficiency)
• What the company owns grew 11%, which usually means it is investing to get bigger. (Growth)

MANDU weaknesses

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

• Short term bills are covered only 0.32x over, so a slow month could squeeze cash. (Liquidity)
• Without selling stock, bills are covered only 0.31x over, so it depends on shifting inventory. (Liquidity)
• Every rupee of assets brings in only 0.15x of sales, so its assets generate little trade. (Efficiency)
• Cash is only 0.1% of what it owns, so there is little spare for a surprise. (Liquidity)
• Debt sits at 1.31x of shareholders' money. Heavy borrowing leaves profits exposed to interest costs. (Leverage & Solvency)
• Interest cover is 2.64x, so a bad year could make loans hard to service. (Leverage & Solvency)
• Return on the money tied up in the business is 11.1%, so capital is not working hard. (Profitability)
• Return on everything it owns is 6.1%, so its assets are sitting relatively idle. (Profitability)
• Only 42.4% of what it owns was paid for by shareholders, the rest is funded by debt. (Leverage & Solvency)

MANDU Q4 2082/83 results

In Q4 2082/83 Mandu Hydropower Limited reported profit of Rs. 7.03 crore and revenue from operations of Rs. 21.93 crore. Profit in Q3 2082/83 was Rs. 6.52 crore. Profit grew 7.84% on the previous quarter. Revenue from operations grew 22.35% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was a loss of Rs. 9.16 crore. Profit turned from a loss to a profit on the same quarter last year.

MANDU annual results 2082/83

For the financial year 2082/83 Mandu Hydropower Limited reported net profit of Rs. 31.86 crore, revenue from operations of Rs. 79.49 crore and net worth of Rs. 222.11 crore. Net profit in 2081/82 was Rs. 6.19 crore. Net profit grew 414.79% on the year. Revenue from operations grew 288.26% on the year.

MANDU profit and loss for 2082/83

In the financial year 2082/83, Mandu Hydropower Limited reported revenue from operations of Rs. 79.49 crore, gross profit of Rs. 79.49 crore, operating profit of Rs. 51.27 crore, profit before tax of Rs. 31.86 crore and net profit for the year of Rs. 31.86 crore.

Reported under operating profit: other income of Rs. 0 crore, selling and distribution expenses of Rs. 0 crore, administrative expenses of Rs. 1.49 crore, employee benefit expenses of Rs. 2.81 crore, depreciation and amortisation of Rs. 16.81 crore, allowance for expected credit loss of Rs. 0 crore and other operating expenses of Rs. 7.12 crore. Reported under profit before tax: finance costs of Rs. 19.41 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, deferred tax of Rs. 0 crore and prior period tax adjustment of Rs. 0 crore.

MANDU profit and loss for 2081/82

In the financial year 2081/82, Mandu Hydropower Limited reported revenue from operations of Rs. 20.47 crore, gross profit of Rs. 20.47 crore, operating profit of Rs. 22.38 crore, profit before tax of Rs. 6.19 crore and net profit for the year of Rs. 6.19 crore.

Reported under operating profit: other income of Rs. 58.83 crore, selling and distribution expenses of Rs. 0 crore, administrative expenses of Rs. 1.21 crore, employee benefit expenses of Rs. 2.47 crore, depreciation and amortisation of Rs. 50.76 crore, allowance for expected credit loss of Rs. 0 crore and other operating expenses of Rs. 2.49 crore. Reported under profit before tax: finance costs of Rs. 16.19 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, deferred tax of Rs. 0 crore and prior period tax adjustment of Rs. 0 crore.

MANDU profit and loss for 2080/81

In the financial year 2080/81, Mandu Hydropower Limited reported revenue from operations of Rs. 73.41 crore, gross profit of Rs. 73.41 crore, operating profit of Rs. 48.84 crore, profit before tax of Rs. 26.9 crore and net profit for the year of Rs. 26.9 crore.

Reported under operating profit: other income of Rs. 0 crore, selling and distribution expenses of Rs. 0 crore, administrative expenses of Rs. 0.7 crore, employee benefit expenses of Rs. 2.95 crore, depreciation and amortisation of Rs. 14.09 crore, allowance for expected credit loss of Rs. 0 crore and other operating expenses of Rs. 6.82 crore. Reported under profit before tax: finance costs of Rs. 21.94 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, deferred tax of Rs. 0 crore and prior period tax adjustment of Rs. 0 crore.

MANDU balance sheet for 2082/83

In the financial year 2082/83, Mandu Hydropower Limited reported total non-current assets of Rs. 504.36 crore, total current assets of Rs. 19.42 crore, total equity of Rs. 222.11 crore, total non-current liabilities of Rs. 240.05 crore and total current liabilities of Rs. 61.62 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 0.07 crore, capital work-in-progress of Rs. 0 crore, intangible assets of Rs. 462.14 crore, right-of-use assets of Rs. 0 crore, deferred tax assets of Rs. 0 crore, investment in quoted shares of Rs. 0 crore, investment in subsidiaries of Rs. 0 crore, other financial assets of Rs. 40 crore and other non-current assets of Rs. 2.15 crore. Reported under total current assets: inventories of Rs. 0.47 crore, trade receivables of Rs. 16.61 crore, cash and cash equivalents of Rs. 0.54 crore, bank balance (other than cash and cash equivalents) of Rs. 0 crore, advances of Rs. 0 crore, income tax assets (net) of Rs. 0 crore, investments in fixed deposit of Rs. 0 crore, prepayments of Rs. 0 crore, other financial assets of Rs. 0 crore and other current assets of Rs. 1.81 crore. Reported under total equity: share capital of Rs. 136.36 crore, share premium reserve of Rs. 17.06 crore, reserve and surplus of Rs. 68.69 crore, retained earnings of Rs. 0 crore, other equity of Rs. 0 crore and non-controlling interest of Rs. 0 crore. Reported under total non-current liabilities: long term borrowings of Rs. 240.05 crore, lease liabilities of Rs. 0 crore, deferred tax liabilities (net) of Rs. 0 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 0 crore and provisions of Rs. 0 crore. Reported under total current liabilities: short term borrowings of Rs. 52 crore, trade payables of Rs. 8.75 crore, lease liabilities of Rs. 0 crore, retirement benefit obligation of Rs. 0.87 crore, other financial liabilities of Rs. 0 crore, other current liabilities of Rs. 0 crore, provisions of Rs. 0 crore and income tax liabilities (net) of Rs. 0 crore.

MANDU balance sheet for 2081/82

In the financial year 2081/82, Mandu Hydropower Limited reported total non-current assets of Rs. 436.04 crore, total current assets of Rs. 35.86 crore, total equity of Rs. 190.3 crore, total non-current liabilities of Rs. 219.05 crore and total current liabilities of Rs. 62.55 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 0.04 crore, capital work-in-progress of Rs. 93.53 crore, intangible assets of Rs. 300.31 crore, right-of-use assets of Rs. 0 crore, deferred tax assets of Rs. 0 crore, investment in quoted shares of Rs. 0 crore, investment in subsidiaries of Rs. 0 crore, other financial assets of Rs. 40 crore and other non-current assets of Rs. 2.15 crore. Reported under total current assets: inventories of Rs. 0.47 crore, trade receivables of Rs. 0.12 crore, cash and cash equivalents of Rs. 0.53 crore, bank balance (other than cash and cash equivalents) of Rs. 0 crore, advances of Rs. 0 crore, income tax assets (net) of Rs. 0 crore, investments in fixed deposit of Rs. 0 crore, prepayments of Rs. 0 crore, other financial assets of Rs. 0 crore and other current assets of Rs. 34.74 crore. Reported under total equity: share capital of Rs. 136.36 crore, share premium reserve of Rs. 17.06 crore, reserve and surplus of Rs. 36.88 crore, retained earnings of Rs. 0 crore, other equity of Rs. 0 crore and non-controlling interest of Rs. 0 crore. Reported under total non-current liabilities: long term borrowings of Rs. 219.05 crore, lease liabilities of Rs. 0 crore, deferred tax liabilities (net) of Rs. 0 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 0 crore and provisions of Rs. 0 crore. Reported under total current liabilities: short term borrowings of Rs. 45.94 crore, trade payables of Rs. 16.41 crore, lease liabilities of Rs. 0 crore, retirement benefit obligation of Rs. 0.2 crore, other financial liabilities of Rs. 0 crore, other current liabilities of Rs. 0 crore, provisions of Rs. 0 crore and income tax liabilities (net) of Rs. 0 crore.

MANDU balance sheet for 2080/81

In the financial year 2080/81, Mandu Hydropower Limited reported total non-current assets of Rs. 391.38 crore, total current assets of Rs. 17.1 crore, total equity of Rs. 200.42 crore, total non-current liabilities of Rs. 174.65 crore and total current liabilities of Rs. 33.41 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 0.07 crore, capital work-in-progress of Rs. 0 crore, intangible assets of Rs. 350.94 crore, right-of-use assets of Rs. 0 crore, deferred tax assets of Rs. 0 crore, investment in quoted shares of Rs. 0 crore, investment in subsidiaries of Rs. 0 crore, other financial assets of Rs. 40 crore and other non-current assets of Rs. 0.37 crore. Reported under total current assets: inventories of Rs. 4 crore, trade receivables of Rs. 11.83 crore, cash and cash equivalents of Rs. 0.21 crore, bank balance (other than cash and cash equivalents) of Rs. 0 crore, advances of Rs. 0 crore, income tax assets (net) of Rs. 0 crore, investments in fixed deposit of Rs. 0 crore, prepayments of Rs. 0 crore, other financial assets of Rs. 0 crore and other current assets of Rs. 1.07 crore. Reported under total equity: share capital of Rs. 136.36 crore, share premium reserve of Rs. 17.06 crore, reserve and surplus of Rs. 46.99 crore, retained earnings of Rs. 0 crore, other equity of Rs. 0 crore and non-controlling interest of Rs. 0 crore. Reported under total non-current liabilities: long term borrowings of Rs. 174.65 crore, lease liabilities of Rs. 0 crore, deferred tax liabilities (net) of Rs. 0 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 0 crore and provisions of Rs. 0 crore. Reported under total current liabilities: short term borrowings of Rs. 32.21 crore, trade payables of Rs. 0.64 crore, lease liabilities of Rs. 0 crore, retirement benefit obligation of Rs. 0.56 crore, other financial liabilities of Rs. 0 crore, other current liabilities of Rs. 0 crore, provisions of Rs. 0 crore and income tax liabilities (net) of Rs. 0 crore.

MANDU cash flow for 2082/83

In the financial year 2082/83, Mandu Hydropower Limited reported opening cash & cash equivalents of Rs. 0.53 crore, net cash from operating activities of Rs. 77.49 crore, net cash from investing activities of Rs. 85.13 crore, net cash from financing activities of Rs. 7.65 crore, net change in cash of Rs. 0.01 crore and closing cash & cash equivalents of Rs. 0.54 crore.

Reported under net cash from operating activities: profit before tax of Rs. 31.86 crore, adjustment for depreciation and amortisation of Rs. 16.81 crore, adjustment for finance costs of Rs. 19.41 crore, changes in working capital of Rs. 9.41 crore and income tax paid of Rs. 0 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 0.07 crore and purchase of investments of Rs. 0 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 27.07 crore, repayment of borrowings of Rs. 0 crore, dividends paid of Rs. 0 crore and interest paid of Rs. 19.41 crore.

MANDU cash flow for 2081/82

In the financial year 2081/82, Mandu Hydropower Limited reported opening cash & cash equivalents of Rs. 0.21 crore, net cash from operating activities of Rs. 32.19 crore, net cash from investing activities of Rs. 57.43 crore, net cash from financing activities of Rs. 25.57 crore, net change in cash of Rs. 0.32 crore and closing cash & cash equivalents of Rs. 0.53 crore.

Reported under net cash from operating activities: profit before tax of Rs. 6.19 crore, adjustment for depreciation and amortisation of Rs. 12.77 crore, adjustment for finance costs of Rs. 16.19 crore, changes in working capital of Rs. 3.03 crore and income tax paid of Rs. 0 crore. Reported under net cash from investing activities: purchase 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. 58.12 crore, repayment of borrowings of Rs. 0 crore, dividends paid of Rs. 16.36 crore and interest paid of Rs. 16.19 crore.

MANDU cash flow for 2080/81

In the financial year 2080/81, Mandu Hydropower Limited reported opening cash & cash equivalents of Rs. 0.06 crore, net cash from operating activities of Rs. 64.6 crore, net cash from investing activities of Rs. 0.01 crore, net cash from financing activities of Rs. 64.44 crore, net change in cash of Rs. 0.15 crore and closing cash & cash equivalents of Rs. 0.21 crore.

Reported under net cash from operating activities: profit before tax of Rs. 26.9 crore, adjustment for depreciation and amortisation of Rs. 14.09 crore, adjustment for finance costs of Rs. 21.94 crore, changes in working capital of Rs. 1.67 crore and income tax paid of Rs. 0 crore. Reported under net cash from investing activities: purchase 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 issue of share capital of Rs. 33.42 crore, proceeds from borrowings of Rs. 0 crore, repayment of borrowings of Rs. 62.29 crore, dividends paid of Rs. 13.64 crore and interest paid of Rs. 21.94 crore.

MANDU quarterly for Q4 2082/83

In the quarter Q4 2082/83, Mandu Hydropower Limited reported revenue from operations of Rs. 21.93 crore, gross profit of Rs. 21.93 crore, operating profit of Rs. 12.59 crore, profit before tax of Rs. 7.03 crore and net profit for the year of Rs. 7.03 crore.

Reported under operating profit: other income of Rs. 0 crore, administrative expenses of Rs. 0.75 crore, employee benefit expenses of Rs. 0.58 crore, depreciation and amortisation of Rs. 5.07 crore and other operating expenses of Rs. 2.94 crore. Reported under profit before tax: finance costs of Rs. 5.56 crore.

MANDU quarterly for Q3 2082/83

In the quarter Q3 2082/83, Mandu Hydropower Limited reported revenue from operations of Rs. 17.92 crore, gross profit of Rs. 17.92 crore, operating profit of Rs. 10.76 crore, profit before tax of Rs. 6.52 crore and net profit for the year of Rs. 6.52 crore.

Reported under operating profit: other income of Rs. 0 crore, administrative expenses of Rs. 0.22 crore, employee benefit expenses of Rs. 0.87 crore, depreciation and amortisation of Rs. 4.48 crore and other operating expenses of Rs. 1.6 crore. Reported under profit before tax: finance costs of Rs. 4.24 crore.

MANDU quarterly for Q2 2082/83

In the quarter Q2 2082/83, Mandu Hydropower Limited reported revenue from operations of Rs. 23 crore, gross profit of Rs. 23 crore, operating profit of Rs. 17.6 crore, profit before tax of Rs. 13.28 crore and net profit for the year of Rs. 13.28 crore.

Reported under operating profit: other income of Rs. 0 crore, administrative expenses of Rs. 0.26 crore, employee benefit expenses of Rs. 1 crore, depreciation and amortisation of Rs. 3.05 crore and other operating expenses of Rs. 1.09 crore. Reported under profit before tax: finance costs of Rs. 4.31 crore.

MANDU quarterly for Q1 2082/83

In the quarter Q1 2082/83, Mandu Hydropower Limited reported revenue from operations of Rs. 16.64 crore, gross profit of Rs. 16.64 crore, operating profit of Rs. 10.32 crore, profit before tax of Rs. 5.03 crore and net profit for the year of Rs. 5.03 crore.

Reported under operating profit: other income of Rs. 0 crore, administrative expenses of Rs. 0.26 crore, employee benefit expenses of Rs. 1 crore, depreciation and amortisation of Rs. 4.22 crore and other operating expenses of Rs. 0.84 crore. Reported under profit before tax: finance costs of Rs. 5.3 crore.

MANDU Profit & Loss

Values in Rs. Crore unless stated otherwise.

MANDU Balance Sheet

Values in Rs. Crore unless stated otherwise.

MANDU Cash Flow

Values in Rs. Crore unless stated otherwise.

MANDU Quarterly Results

Values in Rs. Crore unless stated otherwise.

Mandu Hydropower share price history

Over the last 15 trading sessions MANDU closed between Rs. 715.20 and Rs. 792.00, finishing at Rs. 761.10 on 2026-10-12 against Rs. 715.20 on 2026-09-18.

MANDU share price by year

2026, between Rs. 622.00 and Rs. 909.00, 2025, between Rs. 766.50 and Rs. 1,027.00, 2024, between Rs. 648.60 and Rs. 1,493.10 and 2023, between Rs. 373.20 and Rs. 716.10.

Mandu Hydropower share price returns

At Rs. 761.10 on 2026-10-12, MANDU is down 1.44% over 1 week, up 11.13% over 1 month, down 5.34% over 3 months, down 9.61% over 6 months and down 6.03% over 1 year. Each return compares that close with the last close on or before the same date in the earlier period.

MANDU floorsheet for 2026-10-12

MANDU traded 55 times on 2026-10-12, moving 6,060 shares for Rs. 0.47 crore of turnover. Trades went through between Rs. 760.60 and Rs. 800.00.

Largest buyers by volume: broker 38, Dipshika Dhitopatra Karobar Co. Pvt.Limited on 3,000 shares across 35 trades, broker 34, Vision Securities Pvt.Limited on 2,150 shares across 8 trades, broker 101, Apple Securities Private Limited on 510 shares across 2 trades, broker 25, Sweta Securities Pvt. Limited on 300 shares across 1 trades, broker 4, Stock Broker Opal Securities Investment Pvt. Limited on 60 shares across 6 trades, broker 45, Imperial Securities Co. Limited on 20 shares across 1 trades, broker 13, Thrive Brokerage House Pvt. Limited on 10 shares across 1 trades and broker 57, Arya Tara Investment And Securities Pvt. Ltd. on 10 shares across 1 trades.

Largest sellers by volume: broker 58, Naasa Securities Co. Ltd. on 2,985 shares across 14 trades, broker 34, Vision Securities Pvt.Limited on 1,110 shares across 3 trades, broker 17, ABC Securities Pvt. Limited on 517 shares across 2 trades, broker 65, Sharepro Securities Private Limited on 206 shares across 2 trades, broker 36, Secured Securities Limited on 200 shares across 1 trades, broker 53, Investment Management Nepal Pvt. Ltd. on 200 shares across 1 trades, broker 13, Thrive Brokerage House Pvt. Limited on 175 shares across 2 trades, broker 4, Stock Broker Opal Securities Investment Pvt. Limited on 150 shares across 4 trades, broker 26, Asian Securities Pvt. Limited on 80 shares across 2 trades and broker 22, Siprabi Securities Pvt. Limited on 60 shares across 1 trades.

MANDU dividend history: bonus shares and cash dividend

Mandu Hydropower Limited most recently declared a 10% bonus share issue and a 12% cash dividend, 22% in total for 2082/2083, announced on 2026-08-13. Percentages are of paid up value. Declared, not necessarily paid: a dividend is subject to the annual general meeting approving it.

For 2082/2083 Mandu Hydropower Limited declared a 10% bonus share issue and a 12% cash dividend, 22% in total, announced on 2026-08-13.

For 2081/2082 Mandu Hydropower Limited declared a 10% bonus share issue, announced on 2026-06-01.

For 2080/2081 Mandu Hydropower Limited declared a 12% cash dividend, announced on 2024-09-06.

For 2079/2080 Mandu Hydropower Limited declared a 10% cash dividend, announced on 2023-11-03.

MANDU general meetings

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

• 14th and 15th AGM for 2082/2083: on 2026-08-21, at Nepa Banquet, Nayabazar, Kathmandu (10:00 AM)
• 1415th AGM for 2082/2083: on 2026-09-03
• 13th AGM for 2080/2081: on 2024-09-30, at Nepa Banquet, Nayabazar, Kathmandu (10:00 AM)

6 years of annual statements and 12 quarters of results for MANDU, 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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