Upper Solu Hydro Electric Company Limited (USHEC) Share Price & Fundamentals
Upper Solu Hydro Electric (USHEC) share price is Rs. 512.00, up 1.99% on 2026-09-22. Open Rs. 503.00. High Rs. 512.00. Low Rs. 503.00. Volume 21,462.
Upper Solu Hydro Electric Company Limited is a NEPSE-listed company (USHEC), Hydro Power sector. Revenue: Rs. 72.4 Crore. Net profit: Rs. 12.61 Crore. Net worth: Rs. 140.1 Crore.
About Upper Solu Hydro Electric Company Limited
Upper Solu Hydro Electric Company Limited (USHEC) has 1,35,00,000 shares outstanding.
USHEC key metrics
USHEC strengths
What Upper Solu Hydro Electric Company Limited's own accounts show in its favour, graded against the rest of its sector.
- Keeps 56.8% of every sale once the day to day costs of running the business are paid. (Margins)
- Keeps 87.9% of every sale after paying to make the product, leaving room for running costs and profit. (Margins)
- Profit grew 1078.5% on last year, and it is growing faster than most costs. (Growth)
- Turns 17.4% of every sale into final profit after all costs, interest and tax. (Margins)
- Earns 56.6% on everything it takes in, before interest and tax are paid. (Profitability)
- Covers short term bills 1.03x over even without selling any stock, which is a strong cash position. (Liquidity)
- Shareholders' stake in the company grew 9.9% over the year, so value is building up. (Shareholder Returns)
USHEC weaknesses
What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.
- Debt sits at 2.38x of shareholders' money. Heavy borrowing leaves profits exposed to interest costs. (Leverage & Solvency)
- Interest cover is 1.46x, so a bad year could make loans hard to service. (Leverage & Solvency)
- Return on everything it owns is 2.6%, so its assets are sitting relatively idle. (Profitability)
- Every rupee of assets brings in only 0.15x of sales, so its assets generate little trade. (Efficiency)
- Only 29.4% of what it owns was paid for by shareholders, the rest is funded by debt. (Leverage & Solvency)
- Past profits are 3.6% of shareholder funds, so little has been kept in the business. (Shareholder Returns)
- Return on shareholders' money is 9%, less than most savers would expect. (Profitability)
- Buildings and machinery tie up 94.5% of everything it owns, which is hard to sell in a downturn. (Efficiency)
- Short term bills are covered only 1.03x over, so a slow month could squeeze cash. (Liquidity)
- Sales moved 7.3% on last year, so the business is not winning new custom. (Growth)
- Return on the money tied up in the business is 9.1%, so capital is not working hard. (Profitability)
- Cash is only 1.3% of what it owns, so there is little spare for a surprise. (Liquidity)
- What the company owns moved -1.7%, so it is not putting money into growth. (Growth)
USHEC Q4 2082/83 results
In Q4 2082/83 Upper Solu Hydro Electric Company Limited reported revenue from operations of Rs. 11.44 crore. Revenue from operations fell 24.84% on the previous quarter. Revenue from operations fell 17.31% on the same quarter last year.
USHEC annual results 2081/82
For the financial year 2081/82 Upper Solu Hydro Electric Company Limited reported net profit of Rs. 12.61 crore, revenue from operations of Rs. 72.4 crore and net worth of Rs. 140.1 crore. Net profit in 2080/81 was Rs. 1.07 crore. Revenue from operations grew 7.30% on the year.
USHEC profit and loss for 2081/82
In the financial year 2081/82, Upper Solu Hydro Electric Company Limited reported revenue from operations of Rs. 72.4 crore, gross profit of Rs. 63.67 crore, operating profit of Rs. 41.47 crore, profit before tax of Rs. 12.65 crore and net profit for the year of Rs. 12.61 crore.
Reported under gross profit: cost of sales of Rs. 8.73 crore. Reported under operating profit: other income of Rs. 0.2 crore, selling and distribution expenses of Rs. 0 crore, administrative expenses of Rs. 1.56 crore, employee benefit expenses of Rs. 1.72 crore, depreciation and amortisation of Rs. 19.12 crore, allowance for expected credit loss of Rs. 0 crore and other operating expenses of Rs. 0 crore. Reported under profit before tax: finance costs of Rs. 28.44 crore, gain on investments through fair value of Rs. 0 crore and other items of Rs. 0.39 crore. Reported under net profit for the year: current tax of Rs. 0.04 crore, deferred tax of Rs. 0 crore and prior period tax adjustment of Rs. 0 crore.
USHEC profit and loss for 2080/81
In the financial year 2080/81, Upper Solu Hydro Electric Company Limited reported revenue from operations of Rs. 67.48 crore, gross profit of Rs. 60.02 crore, operating profit of Rs. 38.27 crore, profit before tax of Rs. 1.15 crore and net profit for the year of Rs. 1.07 crore.
Reported under gross profit: cost of sales of Rs. 7.46 crore. Reported under operating profit: other income of Rs. 0.37 crore, selling and distribution expenses of Rs. 0 crore, administrative expenses of Rs. 1.38 crore, employee benefit expenses of Rs. 1.75 crore, depreciation and amortisation of Rs. 19 crore, allowance for expected credit loss of Rs. 0 crore and other operating expenses of Rs. 0 crore. Reported under profit before tax: finance costs of Rs. 37.09 crore, gain on investments through fair value of Rs. 0 crore and other items of Rs. 0.03 crore. Reported under net profit for the year: current tax of Rs. 0.08 crore, deferred tax of Rs. 0 crore and prior period tax adjustment of Rs. 0 crore.
USHEC profit and loss for 2079/80
In the financial year 2079/80, Upper Solu Hydro Electric Company Limited reported revenue from operations of Rs. 66.79 crore, gross profit of Rs. 59.14 crore, operating profit of Rs. 37.85 crore, profit before tax of Rs. 3.51 crore and net profit for the year of Rs. 3.59 crore.
Reported under gross profit: cost of sales of Rs. 7.64 crore. Reported under operating profit: other income of Rs. 0.64 crore, selling and distribution expenses of Rs. 0 crore, administrative expenses of Rs. 1.17 crore, employee benefit expenses of Rs. 2.07 crore, depreciation and amortisation of Rs. 18.7 crore, allowance for expected credit loss of Rs. 0 crore and other operating expenses of Rs. 0 crore. Reported under profit before tax: finance costs of Rs. 41.36 crore, gain on investments through fair value of Rs. 0 crore and other items of Rs. 0 crore. Reported under net profit for the year: current tax of Rs. 0.09 crore, deferred tax of Rs. 0 crore and prior period tax adjustment of Rs. 0 crore.
USHEC balance sheet for 2081/82
In the financial year 2081/82, Upper Solu Hydro Electric Company Limited reported total non-current assets of Rs. 454.89 crore, total current assets of Rs. 21.83 crore, total equity of Rs. 140.1 crore, total non-current liabilities of Rs. 315.34 crore and total current liabilities of Rs. 21.28 crore.
Reported under total non-current assets: property, plant and equipment of Rs. 450.43 crore, capital work-in-progress of Rs. 0 crore, intangible assets of Rs. 0 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. 4.46 crore, other financial assets of Rs. 0 crore and other non-current assets of Rs. 0 crore. Reported under total current assets: inventories of Rs. 0 crore, trade receivables of Rs. 11.97 crore, cash and cash equivalents of Rs. 6.39 crore, bank balance (other than cash and cash equivalents) of Rs. 0 crore, advances of Rs. 0 crore, income tax assets (net) of Rs. 0.04 crore, investments in fixed deposit of Rs. 0 crore, prepayments of Rs. 0 crore, other financial assets of Rs. 0.01 crore and other current assets of Rs. 3.43 crore. Reported under total equity: share capital of Rs. 135 crore, share premium reserve of Rs. 0 crore, reserve and surplus of Rs. 0 crore, retained earnings of Rs. 5.1 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. 315.34 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. 17.9 crore, trade payables of Rs. 0 crore, lease liabilities of Rs. 0 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 2.6 crore, other current liabilities of Rs. 0.74 crore, provisions of Rs. 0 crore and income tax liabilities (net) of Rs. 0.04 crore.
USHEC balance sheet for 2080/81
In the financial year 2080/81, Upper Solu Hydro Electric Company Limited reported total non-current assets of Rs. 470.17 crore, total current assets of Rs. 14.59 crore, total equity of Rs. 127.5 crore, total non-current liabilities of Rs. 340.35 crore and total current liabilities of Rs. 16.91 crore.
Reported under total non-current assets: property, plant and equipment of Rs. 465.71 crore, capital work-in-progress of Rs. 0 crore, intangible assets of Rs. 0 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. 4.46 crore, other financial assets of Rs. 0 crore and other non-current assets of Rs. 0 crore. Reported under total current assets: inventories of Rs. 0 crore, trade receivables of Rs. 10.13 crore, cash and cash equivalents of Rs. 2.14 crore, bank balance (other than cash and cash equivalents) of Rs. 0 crore, advances of Rs. 0 crore, income tax assets (net) of Rs. 0.09 crore, investments in fixed deposit of Rs. 0 crore, prepayments of Rs. 0 crore, other financial assets of Rs. 0.01 crore and other current assets of Rs. 2.22 crore. Reported under total equity: share capital of Rs. 135 crore, share premium reserve of Rs. 0 crore, reserve and surplus of Rs. 0 crore, retained earnings of Rs. 7.5 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. 340.35 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. 14.2 crore, trade payables of Rs. 0 crore, lease liabilities of Rs. 0 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 2.21 crore, other current liabilities of Rs. 0.42 crore, provisions of Rs. 0 crore and income tax liabilities (net) of Rs. 0.08 crore.
USHEC balance sheet for 2079/80
In the financial year 2079/80, Upper Solu Hydro Electric Company Limited reported total non-current assets of Rs. 482.13 crore, total current assets of Rs. 19.96 crore, total equity of Rs. 126.43 crore, total non-current liabilities of Rs. 354.58 crore and total current liabilities of Rs. 21.09 crore.
Reported under total non-current assets: property, plant and equipment of Rs. 477.7 crore, capital work-in-progress of Rs. 0 crore, intangible assets of Rs. 0 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. 4.44 crore, other financial assets of Rs. 0 crore and other non-current assets of Rs. 0 crore. Reported under total current assets: inventories of Rs. 0 crore, trade receivables of Rs. 11.11 crore, cash and cash equivalents of Rs. 1.16 crore, bank balance (other than cash and cash equivalents) of Rs. 0 crore, advances of Rs. 0 crore, income tax assets (net) of Rs. 0.07 crore, investments in fixed deposit of Rs. 0 crore, prepayments of Rs. 0 crore, other financial assets of Rs. 0.14 crore and other current assets of Rs. 7.48 crore. Reported under total equity: share capital of Rs. 135 crore, share premium reserve of Rs. 0 crore, reserve and surplus of Rs. 0 crore, retained earnings of Rs. 8.57 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. 354.58 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. 17.16 crore, trade payables of Rs. 0 crore, lease liabilities of Rs. 0 crore, retirement benefit obligation of Rs. 0 crore, other financial liabilities of Rs. 3.18 crore, other current liabilities of Rs. 0.66 crore, provisions of Rs. 0 crore and income tax liabilities (net) of Rs. 0.09 crore.
USHEC cash flow for 2081/82
In the financial year 2081/82, Upper Solu Hydro Electric Company Limited reported opening cash & cash equivalents of Rs. 2.14 crore, net cash from operating activities of Rs. 61.54 crore, net cash from investing activities of Rs. 3.84 crore, net cash from financing activities of Rs. 53.45 crore, net change in cash of Rs. 4.25 crore and closing cash & cash equivalents of Rs. 6.39 crore.
Reported under net cash from operating activities: profit before tax of Rs. 12.65 crore, adjustment for depreciation and amortisation of Rs. 19.12 crore, adjustment for finance costs of Rs. 28.44 crore, changes in working capital of Rs. 1.38 crore, income tax paid of Rs. 0.04 crore and other operating adjustments of Rs. 0 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 3.84 crore, proceeds from sale of property, plant and equipment of Rs. 0 crore, purchase of investments of Rs. 0 crore, interest received of Rs. 0 crore and dividend received of Rs. 0 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 0 crore, repayment of borrowings of Rs. 25.01 crore, payment of lease liabilities of Rs. 0 crore, dividends paid of Rs. 0 crore, interest paid of Rs. 28.44 crore and other financing activities of Rs. 0 crore.
USHEC cash flow for 2080/81
In the financial year 2080/81, Upper Solu Hydro Electric Company Limited reported opening cash & cash equivalents of Rs. 1.16 crore, net cash from operating activities of Rs. 59.33 crore, net cash from investing activities of Rs. 7.01 crore, net cash from financing activities of Rs. 51.34 crore, net change in cash of Rs. 0.98 crore and closing cash & cash equivalents of Rs. 2.14 crore.
Reported under net cash from operating activities: profit before tax of Rs. 1.15 crore, adjustment for depreciation and amortisation of Rs. 19 crore, adjustment for finance costs of Rs. 37.09 crore, changes in working capital of Rs. 2.17 crore, income tax paid of Rs. 0.08 crore and other operating adjustments of Rs. 0 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 7.01 crore, proceeds from sale of property, plant and equipment of Rs. 0 crore, purchase of investments of Rs. 0 crore, interest received of Rs. 0 crore and dividend received of Rs. 0 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 0 crore, repayment of borrowings of Rs. 14.23 crore, payment of lease liabilities of Rs. 0 crore, dividends paid of Rs. 0 crore, interest paid of Rs. 37.09 crore and other financing activities of Rs. 0.02 crore.
USHEC cash flow for 2079/80
In the financial year 2079/80, Upper Solu Hydro Electric Company Limited reported opening cash & cash equivalents of Rs. 0.04 crore, net cash from operating activities of Rs. 64.24 crore, net cash from investing activities of Rs. 8.97 crore, net cash from financing activities of Rs. 54.16 crore, net change in cash of Rs. 1.11 crore and closing cash & cash equivalents of Rs. 1.16 crore.
Reported under net cash from operating activities: profit before tax of Rs. 3.51 crore, adjustment for depreciation and amortisation of Rs. 18.7 crore, adjustment for finance costs of Rs. 41.36 crore, changes in working capital of Rs. 8.01 crore, income tax paid of Rs. 0.09 crore and other operating adjustments of Rs. 0.24 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 9.32 crore, proceeds from sale of property, plant and equipment of Rs. 0.35 crore, purchase of investments of Rs. 0 crore, interest received of Rs. 0 crore and dividend received of Rs. 0 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 0 crore, repayment of borrowings of Rs. 12.54 crore, payment of lease liabilities of Rs. 0 crore, dividends paid of Rs. 0 crore, interest paid of Rs. 41.36 crore and other financing activities of Rs. 0.26 crore.
USHEC quarterly for Q4 2082/83
In the quarter Q4 2082/83, Upper Solu Hydro Electric Company Limited reported revenue from operations of Rs. 11.44 crore, gross profit of Rs. 8.67 crore, operating profit of Rs. 3.13 crore and profit before tax of Rs. 0.19 crore.
Reported under gross profit: cost of sales of Rs. 2.78 crore. Reported under operating profit: other income of Rs. 0.22 crore, administrative expenses of Rs. 0.38 crore, employee benefit expenses of Rs. 0.5 crore and depreciation and amortisation of Rs. 4.86 crore. Reported under profit before tax: finance costs of Rs. 2.94 crore.
USHEC quarterly for Q3 2082/83
In the quarter Q3 2082/83, Upper Solu Hydro Electric Company Limited reported revenue from operations of Rs. 15.22 crore, gross profit of Rs. 12.17 crore, operating profit of Rs. 6.58 crore and profit before tax of Rs. 1.32 crore.
Reported under gross profit: cost of sales of Rs. 3.05 crore. Reported under operating profit: other income of Rs. 0.11 crore, administrative expenses of Rs. 0.43 crore, employee benefit expenses of Rs. 0.45 crore and depreciation and amortisation of Rs. 4.82 crore. Reported under profit before tax: finance costs of Rs. 5.26 crore.
USHEC quarterly for Q2 2082/83
In the quarter Q2 2082/83, Upper Solu Hydro Electric Company Limited reported revenue from operations of Rs. 21.33 crore, gross profit of Rs. 19.08 crore, operating profit of Rs. 13.31 crore and profit before tax of Rs. 7.71 crore.
Reported under gross profit: cost of sales of Rs. 2.25 crore. Reported under operating profit: other income of Rs. 0.08 crore, administrative expenses of Rs. 0.43 crore, employee benefit expenses of Rs. 0.58 crore and depreciation and amortisation of Rs. 4.83 crore. Reported under profit before tax: finance costs of Rs. 5.6 crore.
USHEC quarterly for Q1 2082/83
In the quarter Q1 2082/83, Upper Solu Hydro Electric Company Limited reported revenue from operations of Rs. 25.83 crore, gross profit of Rs. 23.69 crore, operating profit of Rs. 17.84 crore and profit before tax of Rs. 11.65 crore.
Reported under gross profit: cost of sales of Rs. 2.15 crore. Reported under operating profit: other income of Rs. 0.04 crore, administrative expenses of Rs. 0.36 crore, employee benefit expenses of Rs. 0.71 crore and depreciation and amortisation of Rs. 4.81 crore. Reported under profit before tax: finance costs of Rs. 6.19 crore.
USHEC Profit & Loss
Values in Rs. Crore unless stated otherwise.
| Particulars | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 |
|---|
| Revenue from Operations | 72.4 | 67.5 | 66.8 | 36.9 | 29.5 |
|---|
| Gross Profit | 63.7 | 60.0 | 59.1 | 31.2 | 25.3 |
|---|
| Cost of Sales | -8.7 | -7.5 | -7.6 | -5.8 | -4.1 |
|---|
| Operating Profit | 41.5 | 38.3 | 37.8 | 19.6 | 23.1 |
|---|
| Other Income | 0.20 | 0.37 | 0.64 | 0.02 | 0.15 |
|---|
| Selling and Distribution Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Administrative Expenses | -1.6 | -1.4 | -1.2 | -1.8 | -1.1 |
|---|
| Employee Benefit Expenses | -1.7 | -1.7 | -2.1 | -2.0 | -1.1 |
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| Depreciation and Amortisation | -19.1 | -19.0 | -18.7 | -7.8 | -0.21 |
|---|
| Allowance for Expected Credit Loss | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Profit Before Tax | 12.6 | 1.1 | -3.5 | -10.4 | 2.3 |
|---|
| Finance Costs | -28.4 | -37.1 | -41.4 | -30.0 | -20.7 |
|---|
| Gain on Investments through Fair Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Other Items | -0.39 | -0.03 | 0.00 | 0.00 | -0.09 |
|---|
| Net Profit for the Year | 12.6 | 1.1 | -3.6 | -10.4 | 2.3 |
|---|
| Current Tax | -0.04 | -0.08 | -0.09 | 0.00 | 0.00 |
|---|
| Deferred Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Prior Period Tax Adjustment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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USHEC Balance Sheet
Values in Rs. Crore unless stated otherwise.
| Particulars | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 |
|---|
| Total Non-Current Assets | 455 | 470 | 482 | 492 | 478 |
|---|
| Property, Plant and Equipment | 450 | 466 | 478 | 487 | 0.84 |
|---|
| Capital Work-in-Progress | 0.00 | 0.00 | 0.00 | 0.00 | 473 |
|---|
| Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Right-of-Use Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Deferred Tax Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Investment in Quoted Shares | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Investment in Subsidiaries | 4.5 | 4.5 | 4.4 | 4.4 | 4.4 |
|---|
| Other Financial Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Other Non-Current Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Total Current Assets | 21.8 | 14.6 | 20.0 | 40.7 | 29.9 |
|---|
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Trade Receivables | 12.0 | 10.1 | 11.1 | 7.0 | 4.3 |
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| Cash and Cash Equivalents | 6.4 | 2.1 | 1.2 | 0.04 | 0.24 |
|---|
| Bank Balance (other than Cash and Cash Equivalents) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Income Tax Assets (Net) | 0.04 | 0.09 | 0.07 | 0.01 | 0.01 |
|---|
| Investments in Fixed Deposit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Prepayments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Other Financial Assets | 0.01 | 0.01 | 0.14 | 18.6 | 0.26 |
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| Other Current Assets | 3.4 | 2.2 | 7.5 | 15.0 | 25.0 |
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| Total Equity | 140 | 127 | 126 | 130 | 108 |
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| Share Capital | 135 | 135 | 135 | 135 | 102 |
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| Share Premium Reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Reserve and Surplus | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Retained Earnings | 5.1 | -7.5 | -8.6 | -4.7 | 6.4 |
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| Other Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Non-Controlling Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Total Non-Current Liabilities | 315 | 340 | 355 | 367 | 359 |
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| Long Term Borrowings | 315 | 340 | 355 | 367 | 359 |
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| Lease Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Deferred Tax Liabilities (Net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Retirement Benefit Obligation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Other Financial Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Provisions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Total Current Liabilities | 21.3 | 16.9 | 21.1 | 34.9 | 41.3 |
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| Short Term Borrowings | 17.9 | 14.2 | 17.2 | 25.4 | 25.1 |
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| Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Lease Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Retirement Benefit Obligation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Other Financial Liabilities | 2.6 | 2.2 | 3.2 | 8.8 | 15.4 |
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| Other Current Liabilities | 0.74 | 0.42 | 0.66 | 0.65 | 0.82 |
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| Provisions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Income Tax Liabilities (Net) | 0.04 | 0.08 | 0.09 | 0.00 | 0.00 |
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USHEC Cash Flow
Values in Rs. Crore unless stated otherwise.
| Particulars | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 |
|---|
| Opening Cash & Cash Equivalents | 2.1 | 1.2 | 0.04 | 0.24 | 4.6 |
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| Net Cash from Operating Activities | 61.5 | 59.3 | 64.2 | 9.7 | 3.4 |
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| Profit Before Tax | 12.6 | 1.1 | -3.5 | -10.4 | 2.3 |
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| Adjustment for Depreciation and Amortisation | 19.1 | 19.0 | 18.7 | 7.8 | 0.21 |
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| Adjustment for Finance Costs | 28.4 | 37.1 | 41.4 | 30.0 | 20.7 |
|---|
| Changes in Working Capital | 1.4 | 2.2 | 8.0 | -17.7 | -19.8 |
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| Income Tax Paid | -0.04 | -0.08 | -0.09 | 0.00 | 0.00 |
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| Other Operating Adjustments | 0.00 | 0.00 | -0.24 | -0.00 | -0.05 |
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| Net Cash from Investing Activities | -3.8 | -7.0 | -9.0 | -20.9 | -29.0 |
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| Purchase of Property, Plant and Equipment | -3.8 | -7.0 | -9.3 | -21.0 | -29.0 |
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| Proceeds from Sale of Property, Plant and Equipment | 0.00 | 0.00 | 0.35 | 0.06 | 0.06 |
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| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | -0.02 |
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| Interest Received | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Dividend Received | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Net Cash from Financing Activities | -53.4 | -51.3 | -54.2 | 11.0 | 21.3 |
|---|
| Proceeds from Borrowings | 0.00 | 0.00 | 0.00 | 8.7 | 42.1 |
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| Repayment of Borrowings | -25.0 | -14.2 | -12.5 | 0.00 | 0.00 |
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| Payment of Lease Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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| Interest Paid | -28.4 | -37.1 | -41.4 | -30.0 | -20.7 |
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| Other Financing Activities | 0.00 | -0.02 | -0.26 | 32.4 | -0.07 |
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| Net Change in Cash | 4.2 | 0.98 | 1.1 | -0.20 | -4.3 |
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| Closing Cash & Cash Equivalents | 6.4 | 2.1 | 1.2 | 0.04 | 0.24 |
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USHEC 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 |
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| Revenue from Operations | 11.4 | 15.2 | 21.3 | 25.8 | 13.8 | 13.1 | 19.6 | 25.9 |
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| Gross Profit | 8.7 | 12.2 | 19.1 | 23.7 | 11.0 | 9.9 | 17.1 | 24.1 |
|---|
| Cost of Sales | -2.8 | -3.1 | -2.3 | -2.1 | -2.8 | -3.1 | -2.4 | -1.8 |
|---|
| Operating Profit | 3.1 | 6.6 | 13.3 | 17.8 | 5.3 | 4.4 | 11.8 | 18.2 |
|---|
| Other Income | 0.22 | 0.11 | 0.08 | 0.04 | 0.05 | 0.07 | 0.06 | 0.03 |
|---|
| Administrative Expenses | -0.38 | -0.43 | -0.43 | -0.36 | -0.48 | -0.41 | -0.32 | -0.40 |
|---|
| Employee Benefit Expenses | -0.50 | -0.45 | -0.58 | -0.71 | -0.37 | -0.42 | -0.39 | -0.77 |
|---|
| Depreciation and Amortisation | -4.9 | -4.8 | -4.8 | -4.8 | -4.9 | -4.7 | -4.7 | -4.7 |
|---|
| Profit Before Tax | 0.19 | 1.3 | 7.7 | 11.6 | -0.96 | -2.0 | 4.4 | 10.0 |
|---|
| Finance Costs | -2.9 | -5.3 | -5.6 | -6.2 | -6.3 | -6.5 | -7.4 | -8.2 |
|---|
Upper Solu Hydro Electric share price history
Over the last 15 trading sessions USHEC closed between Rs. 481.30 and Rs. 512.00, finishing at Rs. 512.00 on 2026-09-22 against Rs. 492.00 on 2026-08-26.
| Date | Open | High | Low | Close | Volume |
|---|
| 2026-09-22 | 503.00 | 512.00 | 503.00 | 512.00 | 21,462 |
|---|
| 2026-09-18 | 500.00 | 505.90 | 500.00 | 502.00 | 8,425 |
|---|
| 2026-09-17 | 500.00 | 503.00 | 497.60 | 503.00 | 8,579 |
|---|
| 2026-09-16 | 503.00 | 503.00 | 495.50 | 496.10 | 10,615 |
|---|
| 2026-09-15 | 522.90 | 522.90 | 496.50 | 503.00 | 23,516 |
|---|
| 2026-09-14 | 487.00 | 501.60 | 487.00 | 498.00 | 6,159 |
|---|
| 2026-09-11 | 495.00 | 507.90 | 485.00 | 495.00 | 22,554 |
|---|
| 2026-09-10 | 485.00 | 497.90 | 485.00 | 494.50 | 4,514 |
|---|
| 2026-09-09 | 490.00 | 500.00 | 490.00 | 494.00 | 2,390 |
|---|
| 2026-09-07 | 491.00 | 500.00 | 491.00 | 499.00 | 4,805 |
|---|
| 2026-09-03 | 484.00 | 519.00 | 484.00 | 492.20 | 8,329 |
|---|
| 2026-09-02 | 485.00 | 489.90 | 481.10 | 484.00 | 10,300 |
|---|
| 2026-09-01 | 480.00 | 495.00 | 480.00 | 484.00 | 4,395 |
|---|
| 2026-08-31 | 490.00 | 490.00 | 481.30 | 481.30 | 6,455 |
|---|
| 2026-08-26 | 497.10 | 497.10 | 480.00 | 492.00 | 13,955 |
|---|
USHEC share price by year
2026, between Rs. 450.00 and Rs. 539.10, 2025, between Rs. 410.00 and Rs. 752.00, 2024, between Rs. 300.00 and Rs. 679.00, 2023, between Rs. 208.20 and Rs. 400.00 and 2022, between Rs. 237.00 and Rs. 431.90.
| Year | Low (Rs.) | High (Rs.) | Sessions |
|---|
| 2026 | 450.00 | 539.10 | 168 |
|---|
| 2025 | 410.00 | 752.00 | 225 |
|---|
| 2024 | 300.00 | 679.00 | 232 |
|---|
| 2023 | 208.20 | 400.00 | 227 |
|---|
| 2022 | 237.00 | 431.90 | 83 |
|---|
Upper Solu Hydro Electric share price returns
At Rs. 512.00 on 2026-09-22, USHEC is up 1.79% over 1 week, up 1.39% over 1 month, up 4.92% over 3 months, down 1.16% over 6 months and up 5.96% over 1 year. 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 | +1.79% | 503.00 | 2026-09-15 |
|---|
| 1 month | +1.39% | 505.00 | 2026-08-21 |
|---|
| 3 months | +4.92% | 488.00 | 2026-06-24 |
|---|
| 6 months | -1.16% | 518.00 | 2026-03-26 |
|---|
| 1 year | +5.96% | 483.22 | 2025-09-21 |
|---|
USHEC floorsheet for 2026-09-22
USHEC traded 169 times on 2026-09-22, moving 20,527 shares for Rs. 1.04 crore of turnover. Trades went through between Rs. 500.00 and Rs. 512.00.
Largest buyers by volume: broker 95, Magnet Securities and Investment Company Private Limited on 4,497 shares across 31 trades, broker 36, Secured Securities Limited on 3,959 shares across 18 trades, broker 34, Vision Securities Pvt.Limited on 2,950 shares across 6 trades, broker 86, Stoxkarts Securities Limited on 2,109 shares across 21 trades, broker 25, Sweta Securities Pvt. Limited on 1,581 shares across 5 trades, broker 50, Crystal Kanchenjunga Securities Pvt.Ltd on 820 shares across 4 trades, broker 48, Trishakti Securities Public Limited on 610 shares across 5 trades, broker 18, Sagarmatha Securities Pvt. Limited on 575 shares across 2 trades, broker 99, Prabhu Stock Market Limited on 450 shares across 3 trades and broker 32, Premier Securites Company Limited on 430 shares across 5 trades.
Largest sellers by volume: broker 94, K.B.L. Securities Limited on 2,714 shares across 6 trades, broker 85, Capital Hub P. Ltd on 2,325 shares across 5 trades, broker 7, J.F. Securities Company Pvt. Limited on 1,665 shares across 9 trades, broker 50, Crystal Kanchenjunga Securities Pvt.Ltd on 1,430 shares across 8 trades, broker 58, Naasa Securities Co. Ltd. on 1,360 shares across 22 trades, broker 46, Kalika Securities Pvt.Limited on 1,290 shares across 3 trades, broker 49, Online Securities Limited on 1,240 shares across 10 trades, broker 59, Deevyaa Securities & Stock House Pvt. Ltd on 1,000 shares across 3 trades, broker 83, Sanima Securities Limited on 1,000 shares across 4 trades and broker 42, Sani Securities Company Limited on 750 shares across 7 trades.
USHEC general meetings
Annual and special general meetings Upper Solu Hydro Electric Company Limited has called. A dividend is declared by the board and approved at the AGM.
- 10th AGM for 2081/2082: on 2026-01-12, at Lisara Reception, Bhagabati Bahal, Naxal (Next to Agricultural Development Bank Limited) (10:00 AM)
- 9th AGM for 2080/2081: on 2025-01-10, at Lisara Reception, Bhagabati Bahal, Naxal (Next to Agricultural Development Bank Limited) (10:00 AM)
- 8th AGM for 2079/2080: on 2024-01-11, at Lisara Reception, Bhagabati Bahal, Naxal (10:00 AM)
5 years of annual statements and 8 quarters of results for USHEC, with charts and peer comparison, are free on NepView.
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