बराही हाइड्रोपावरको आ.व. २०८३/०८४ को पहिलो त्रैमासिक वित्तीय विवरणBarahi Hydropower Q1 Financial Statements (FY 2083/084)
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 16, 2026
कम्पनीको व्यापारिक उत्पादन परीक्षण सम्पन्न भएको मिति २०७५/०२/३० गतेबाट मिति २०८३/०३/०१ (१२:०० बजे) सम्मको जम्मा उत्पादन ४ करोड ५९ लाख ३० हजार ३ सय ५० युनिट रहेको छ। आ.व. २०८३/०८४ को पहिलो त्रैमासिक अवधिमा विद्युत उत्पादन सम्बन्धि विवरण यसप्रकार रहेको छ ।
आर्थिक वर्षको पहिलो त्रैमासिक अवधिसम्मको जम्मा विद्युत उत्पादन (युनिटमा)
आ.व. २०८३/०८४ आ.व. २०८२/०८३
२७,७१,१७० २७,५५,२८०
विद्युत उत्पादन सम्बन्धि तुलनात्मक विवरण (युनिटमा)
आर्थिक वर्ष (२०८३/०८४)
वैशाख जेठ असार
९,३१,३९० ९,३९,१५० ९,००,६३०
आर्थिक वर्ष (२०८२/०८३)
वैशाख जेठ असार
८,८७,९५० ९,२८,३२० ९,३९,०१०
यस कम्पनीले विद्युत खरिद बिक्री सम्झौताको बुँदा नं. १२ अनुसार विद्युत प्राधिकरणबाट व्यापारिक उत्पादन सुरु भएको मिति २०७५/०३/२४ देखि आयोजनाबाट उत्पादन गराएको उर्जाको आधार खरीद दर वर्षा याममा रु. ४.०० (प्रति युनिट) र सुक्खायाममा रु. ७.०० (प्रति युनिट) रहेको छ। व्यापारिक उत्पादन शुरु भएको मितिलाई आधार वर्ष मानी त्यस पछिका प्रत्येक आर्थिक वर्षका लागि १ प्रतिशतका दरले ९ पटकसम्म मूल्य वृद्धि हुने र सो मूल्य वृद्धि हरेक वर्ष श्रावण १ गते देखि लागू हुने व्यवस्था रहेको छ। आ.व. २०८३/०८४ मा कम्पनीलाई नयाँ मूल्य वृद्धि लाग भएको छ। यस आ.व. २०८२/०८३ मा वर्षा याममा रु. ५.०८ (प्रति युनिट) र सुक्खा याममा रु. ८.८९ (प्रति युनिट) बिक्री मूल्य रहेको छ। वर्षा याम भन्नाले वैशाख देखि मङ्सिरसम्म (८ महिना) र सुक्खा याम भन्नाले पौष देखि चैत्रसम्म (४ महिना) को अवधिलाई बुझाउँदछ। ठेउले खोला जलविद्युत आयोजनाको वार्षिक करार उर्जा शक्ति ८२,१७,६३६ युनिट रहेको छ।
Unaudited Statement of Financial Position
For The Period Ended 31st Ashwin, 2083
Figures in NPR
| Particular | 31st Ashwin, 2083 | 31st Ashwin, 2082 |
|---|---|---|
| Assets | ||
| Non Current Assets | ||
| Property, Plant and Equipment | 599,594 | 311,546 |
| Intangible Assets | 280,781,182 | 293,585,067 |
| Investment | 1,222,000 | 1,222,000 |
| Deferred Tax Assets | - | - |
| Total Non-Current Assets | 282,602,776 | 295,118,613 |
| Current Assets | ||
| Inventories | 5,083,871 | 9,718,722 |
| Trade and other receivables | 29,545,173 | 41,901,990 |
| Advance, Prepaid and Deposits | 39,949,569 | 27,728,595 |
| Bank and cash equivalents | 1,789,604 | 3,025,369 |
| Total Current Assets | 76,368,218 | 82,374,676 |
| Total Assets | 358,970,994 | 377,493,289 |
| Equity | ||
| Share Capital | 250,000,000 | 250,000,000 |
| Reserves | (124,057,025) | (118,247,527) |
| Total Equity | 125,942,975 | 131,752,473 |
| Liabilities | ||
| Non Current Liabilities | ||
| Loans and Borrowings | 180,393,202 | 227,194,338 |
| Deferred Tax Liabilities | - | - |
| Total Non-Current Liabilities | 180,393,202 | 227,194,338 |
| Current Liabilities | ||
| Loans and borrowings | 46,812,695 | 1,634,353 |
| Trade and other payables | 2,559,465 | 2,216,885 |
| Income Tax Liability | - | - |
| Employee Benefits Payable | 3,262,657 | 2,660,988 |
Provisions - 12,034,252
| Total Current Liabilities | 52,634,816 | 18,546,478 |
| Total Liabilities | 233,028,018 | 245,740,816 |
| Total Equity and Liabilities | 358,970,994 | 377,493,289 |
Statement of Income and Other Comprehensive Income
For The Period Ended 31st Ashwin 2083
Figures in NPR
| Particular | 31st Ashwin, 2083 | 31st Ashwin, 2082 |
|---|---|---|
| Revenue from Operations | 14,466,664 | 14,637,927 |
| Other Income | 3,954 | - |
| Operating Expenses | 1,237,809 | 1,290,559 |
| Administrative Expenses | 663,510 | 1,248,778 |
| Depreciation Expenses | 23,400 | 11,690 |
| Amortization Expenses | 3,158,105 | 3,158,105 |
| Profit From Operations | 9,387,792 | 8,928,795 |
| Finance Costs | 2,908,608 | 3,000,964 |
| Profit Before Tax | 6,479,184 | 5,927,831 |
| Income Tax Expense | - | - |
- Current Year Tax Expense - -
- Deferred Tax Expense - -
| Net Profit for the Period | 6,479,184 | 5,927,831 | |
| Other Comprehensive Income | - | - | |
| Amortization portion on revalued land | (171,465) | (171,465) | |
| Other Comprehensive Gain/(loss) for the year, net of tax | (171,465) | (171,465) | |
| Total Comprehensive Gain/(loss) for the Period, net of tax | 6,307,719 | 5,756,366 | |
| धितोपत्र दर्ता तथा निष्काशन नियमावली | २०६४, | २६ | १ |
आ.व. २०८३/०८४ को पहिलो त्रैमासिक अवधि (आश्विन मसान्तसम्म) को विवरण
१. वित्तीय विवरण :
(क) आ.व २०८३/०८४ को पहिलो त्रैमासिक अवधिसम्मको वासलात, नाफा-नोक्सान सम्बन्धि विवरणहरू यसै साथ संलग्न गरिएको छ ।
(ख) प्रमुख वित्तीय अनुपातहरू सम्बन्धी विवरण :
| प्रतिशेयर आम्दानी त्रैमासिक (EPS) : | २५.९ | १५६.६६ | ५०.३८ |
| प्रतिशेयर कुल सम्पत्तिको मूल्य : | १४३.६० | १.४५ |
२. व्यवस्थापकीय विश्लेषण :
(क) यस कम्पनीले २०७५ असार २४ बाट व्यापारिक उत्पादन गरी नियमितरुपमा विद्युत बिक्री गर्दै आएको छ । विद्युत बिक्री मार्फत प्राप्त हुनुपर्ने रकम नेपाल विद्युत प्राधिकरणबाट नियमितरुपमा सहावितीकरणको नेतृत्वकर्ता बैङ्कको खातामा भुक्तानी भइरहेको छ ।
(ख) आ.व. २०८३/०८४ मा नेपाल विद्युत प्राधिकरणको प्रसारन लाइनमा हुने विच्छेदन र अतीवृष्टीले आयोजनामा कमी आएको छ । उत्पादन व्यवस्थापनको विश्लेषण गर्दा नेपाल विद्युत प्राधिकरणको प्रसारण लाइनमा हुने विच्छेदनलाई न्यूनिकरण गरी अधिकाधिक विद्युत उत्पादन गर्ने योजना रहेको छ । गत आ.व.को पहिलो त्रैमासिक अवधिको तुलनामा यस आ.व.को समिक्षा अवधिमा विद्युत उत्पादनमा ०.५७ प्रतिशतले वृद्धि भएको छ ।
३. कानूनी कारवाही सम्बन्धी विवरण :
हालसम्म यस कम्पनीले तथा यस कम्पनी ऊपर कुनै मुद्दा दर्ता गरेको/भएको छैन । कुनै संस्थापकवा संचालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर भएको जानकारी प्राप्त भएको छैन ।
४. संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण:
धितोपत्र बजारमा यस त्रैमासिक अवधिमा कम्पनीको शेयरको कारोबार नियमानुसार रहेको छ ।
| अधिकतम मूल्य (रु.) : | ५२३ | ४०० | ४१४ |
| कुल कारोबार संख्या: | ३,३०३ | ६१ | ३,६६,०५८ |
| ५. समस्या तथा चुनौति : | |||
| कम्पनीले वहन गर्नु परेको समस्या तथा चुनौती बजारमा रहेका अन्य कम्पनीहरू सरह नै रहेका छन् । विशेष गरी नेपाल विद्युत प्राधिकरणको प्रसारण लाइनमा हुने विच्छेदन (Tripping/Outage) र अतीवृष्टीको कारणले संस्थाको आम्दानीमा प्रत्यक्ष असर परिरहेको छ । नेपाल विद्युत प्राधिकरणको प्रसारण लाइनमा हुने विच्छेदन (Tripping/Outage) को कारणले संस्थालाई आ.व. २०८३/०८४ को पहिलो त्रैमासिक अवधिमा | ३,७७,६२५ | ४.५९ | ११.९९ |
६. संस्थागत सुशासन:
यस कम्पनीले सुशासन अभिवृद्धिका लागि सदैव उच्च प्राथमिकता राख्दै आएको छ । यस कम्पनीलाई नियामकिय निकायबाट प्राप्त निर्देशन परिपत्रहरू व्यवस्थापनद्वारा तदारुकताका साथ सम्पादन गरी आएको छ ।
७. सत्य, तथ्य सम्बन्धमा कार्यकारी प्रमुखको उद्घोषण:
आजका मितिसम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरूको शुद्धता सम्बन्धमा म व्यक्तिगतरूपमा उत्तरदायित्व लिन्छु । साथै म यो उद्घोष गर्दछु की मैले जानेबुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरू सत्य, तथ्य र पूर्ण छन् र लगानीकर्ताहरूलाई सुसूचित गरी निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरू लुकाइएको छैन ।
Total generation from the completion of the commercial production test on 2075/02/30 to 2083/03/01 (12:00 PM) is 40,59,30,350 units. The details regarding electricity generation for the first quarter of FY 2083/084 are as follows.
Total electricity generation up to the first quarter of the fiscal year (in units)
FY 2083/084 FY 2082/083
27,71,170 27,55,280
Comparative details regarding electricity generation (in units)
Fiscal Year (2083/084)
Baishakh Jestha Asar
9,31,390 9,39,150 9,00,630
Fiscal Year (2082/083)
Baishakh Jestha Asar
8,87,950 9,28,320 9,39,010
According to clause No. 12 of the Power Purchase Agreement, based on the energy generated from the project since the commercial production date 2075/03/24, the purchase rate from the Electricity Authority is Rs. 4.00 (per unit) in the rainy season and Rs. 7.00 (per unit) in the dry season. Taking the commercial production start date as the base year, the price will increase at the rate of 1 percent each fiscal year for up to 9 times, and that price increase comes into effect from Shrawan 1 of every year. In FY 2083/084, the new price escalation has been applied to the company. In the previous FY 2082/083, the selling price was Rs. 5.08 (per unit) in the rainy season and Rs. 8.89 (per unit) in the dry season. The rainy season refers to the period from Baishakh to Mangsir (8 months) and the dry season refers to the period from Poush to Chaitra (4 months). The annual contracted energy capacity of the Theule Khola Hydropower Project is 82,17,636 units.
Unaudited Statement of Financial Position
For The Period Ended 31st Ashwin, 2083
Figures in NPR
| Particular | 31st Ashwin, 2083 | 31st Ashwin, 2082 |
|---|---|---|
| Assets | ||
| Non Current Assets | ||
| Property, Plant and Equipment | 599,594 | 311,546 |
| Intangible Assets | 280,781,182 | 293,585,067 |
| Investment | 1,222,000 | 1,222,000 |
| Deferred Tax Assets | - | - |
| Total Non-Current Assets | 282,602,776 | 295,118,613 |
| Current Assets | ||
| Inventories | 5,083,871 | 9,718,722 |
| Trade and other receivables | 29,545,173 | 41,901,990 |
| Advance, Prepaid and Deposits | 39,949,569 | 27,728,595 |
| Bank and cash equivalents | 1,789,604 | 3,025,369 |
| Total Current Assets | 76,368,218 | 82,374,676 |
| Total Assets | 358,970,994 | 377,493,289 |
| Equity | ||
| Share Capital | 250,000,000 | 250,000,000 |
| Reserves | (124,057,025) | (118,247,527) |
| Total Equity | 125,942,975 | 131,752,473 |
| Liabilities | ||
| Non Current Liabilities | ||
| Loans and Borrowings | 180,393,202 | 227,194,338 |
| Deferred Tax Liabilities | - | - |
| Total Non-Current Liabilities | 180,393,202 | 227,194,338 |
| Current Liabilities | ||
| Loans and borrowings | 46,812,695 | 1,634,353 |
| Trade and other payables | 2,559,465 | 2,216,885 |
| Income Tax Liability | - | - |
| Employee Benefits Payable | 3,262,657 | 2,660,988 |
Provisions - 12,034,252
| Total Current Liabilities | 52,634,816 | 18,546,478 |
| Total Liabilities | 233,028,018 | 245,740,816 |
| Total Equity and Liabilities | 358,970,994 | 377,493,289 |
Statement of Income and Other Comprehensive Income
For The Period Ended 31st Ashwin 2083
Figures in NPR
| Particular | 31st Ashwin, 2083 | 31st Ashwin, 2082 |
|---|---|---|
| Revenue from Operations | 14,466,664 | 14,637,927 |
| Other Income | 3,954 | - |
| Operating Expenses | 1,237,809 | 1,290,559 |
| Administrative Expenses | 663,510 | 1,248,778 |
| Depreciation Expenses | 23,400 | 11,690 |
| Amortization Expenses | 3,158,105 | 3,158,105 |
| Profit From Operations | 9,387,792 | 8,928,795 |
| Finance Costs | 2,908,608 | 3,000,964 |
| Profit Before Tax | 6,479,184 | 5,927,831 |
| Income Tax Expense | - | - |
- Current Year Tax Expense - -
- Deferred Tax Expense - -
| Net Profit for the Period | 6,479,184 | 5,927,831 |
| Other Comprehensive Income | - | - |
| Amortization portion on revalued land | (171,465) | (171,465) |
| Other Comprehensive Gain/(loss) for the year, net of tax | (171,465) | (171,465) |
| Total Comprehensive Gain/(loss) for the Period, net of tax | 6,307,719 | 5,756,366 |
Securities Registration and Issue Regulations 2073, Schedule-14 (Relating to Rule 26, Sub-rule 1)
Details of the First Quarter Period (up to end of Ashwin) of FY 2083/084
1. Financial Statements :
(a) Balance sheet, profit-loss statement up to the first quarter period of FY 2083/084 are attached herewith.
(b) Details regarding key financial ratios :
| Quarterly Earnings Per Share (EPS) : | 25.9 | 156.66 | 50.38 |
| Total Asset Value Per Share : | 143.60 | 1.45 |
2. Management Analysis :
(a) This company started commercial production on 2075 Asar 24 and has been selling electricity regularly. The amounts receivable through electricity sales are being regularly deposited into the bank account of the lead bank of the consortium from the Nepal Electricity Authority.
(b) In FY 2083/084, there was a decrease in the project due to disconnections in Nepal Electricity Authority's transmission line and excessive rainfall. Analyzing the production management, there is a plan to minimize the disconnections in Nepal Electricity Authority's transmission line and produce maximum electricity. Compared to the first quarter period of the previous FY, electricity production during the review period of this FY increased by 0.57 percent.
3. Details Regarding Legal Actions :
To date, no lawsuits have been filed by or against this company. No information has been received regarding any lawsuits filed against any promoter or director for economic crimes.
4. Analysis Regarding Share Transactions of Organized Entity:
Share transactions of the company in the stock market during this quarterly period have been as per rules.
| Maximum Price (Rs.) : | 523 | 400 | 414 |
| Total Transaction Count: | 3,303 | 61 | 3,66,058 |
| 5. Problems and Challenges : | |||
| The problems and challenges faced by the company are similar to other companies in the market. Especially, transmission line disconnections (Tripping/Outage) by Nepal Electricity Authority and excessive rainfall have directly impacted the company's income. Due to transmission line disconnections (Tripping/Outage) by Nepal Electricity Authority, the company faced a reduction in production equivalent to | 3,77,625 | 4.59 | 11.99 |
6. Corporate Governance:
This company has always placed high priority on enhancing corporate governance. Directions and circulars received from regulatory bodies are being executed promptly by the management.
7. Declaration of Chief Executive Officer Regarding Truth and Facts:
As of today's date, I personally take responsibility for the accuracy of the information and details mentioned in this report. Furthermore, I declare that to the best of my knowledge, the details mentioned in this report are true, factual, and complete, and no details, notices, or information necessary for investors to make informed decisions have been concealed.