दिव्यश्वरी हाइड्रोपावरको चौथो त्रैमासिक वित्तीय विवरणDibyashwari Hydropower Q4 Unaudited Financial Report
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on August 5, 2026
Dibyashwari Hydropower Ltd.
Old Baneshwor 34, Kathmandu
Unaudited Financial Report for the Fourth Quarter FY 2082-83 Ended 32 Ashar 2083
Statement of Financial Position
Particular This Quarter ending As at Ashad 32, 2083 Previous Quarter ending As at Chaitra 30, 2082 Corresponding Quarter ending as at Ashad 32, 2082
ASSETS
NON CURRENT ASSETS
| Property, Plant & Equipment | 93,265 | 99,613 | 117,914 |
| Intangible Assets | 717,601,045 | 726,187,413 | 750,941,728 |
| Deferred Tax Asset | - | - | - |
| Total Non-Current Assets | 717,694,311 | 726,287,026 | 751,059,642 |
CURRENT ASSETS
| Prepayments | 1,865,938 | - | 1,889,916 |
| Advance & Deposits | 8,917,313 | 92,50,763 | 8,688,723 |
| Financial Assets | |||
| Trade Receivables | 25,375,806 | 13,645,809 | 17,823,860 |
| Cash and Cash Equivalents | 437,840 | 136,674 | 2,517,455 |
| Total Current Assets | 36,596,898 | 23,033,246 | 30,919,954 |
| Total Assets | 754,291,208 | 749,320,272 | 781,979,596 |
LIABILITES AND EQUITY
| Non - Current Liabilities | ||||||
| Deferred Tax Liability | ||||||
| Financial Liabilities | ||||||
| Non –Current Borrowing | 573,419,514 | 580,760,672 | 528,094,070 | |||
| Total Non –Current Liabilities | 573,419,514 | 580,760,672 | 528,094,070 | |||
| Current Liabilities | ||||||
| Provisions - Current | ||||||
| Financial Liabilities | ||||||
| Current Borrowing | - | - | 73,158,317 | |||
| Retention Money | 21,443,430 | 21,443,430 | 21,443,430 | |||
| Trade Payable | 16,806,697 | 17,253,420 | 17,741,205 | |||
| Other Current Liabilities | 119,052,595 | 115,776,332 | 132,530,958 | |||
| Employee Benefit Payable | 1,444,751 | 732,746 | 1,442,439 | |||
| Total Current Liabilities | 158,747,474 | 155,205,928 | 246,316,349 | |||
| Equity | ||||||
| Share Capital | ||||||
| Ordinary Share Capital | 264,000,000 | 264,000,000 | 264,000,000 | |||
| Reserve and Surplus | (241,875,779) | (250,646,328) | (256,430,824) | |||
| Total Equity | 22,124,221 | 13,353,672 | 7,569,176 | |||
| Total Liabilities | 754,291,208 | 749,320,272 | 781,979,596 | |||
| Statement of Profit & Loss | ||||||
| Particular This Quarter ending As at Ashad | 32, | 2083 | 30, | 2082 | 32, | 2082 |
| Revenue from Power Sales | 104,418,841 | 73,575,807 | 89,928,620 | |||
| Cost of Sale | (5,216,446) | (3,874,823) | (10,332,594) | |||
| Gross Profit | 99,202,395 | 69,700,984 | 79,596,026 | |||
| Other Income | - | - | - | |||
| Profit Before Operation | 99,202,395 | 69,700,984 | 79,596,026 | |||
| Employee Benefit Expenses | (5,891,353) | (3,766,207) | (1,119,546) | |||
| Administrative Expenses | (4,881,191) | (4,072,218) | (5,520,281) | |||
| Depreciation and Amortization Expenses | (33,365,331) | (24,772,616) | (33,456,676) | |||
| Operating Profit | 55,064,520 | 37,089,943 | 39,827,727 | |||
| Finance Cost | (39,959,565) | (30,758,660) | (46,127,035) | |||
| Other Finance Cost | (549,911) | (546,788) | (564,152) | |||
| Finance Income | - | - | - | |||
| Profit Before Tax | 14,555,045 | 5,784,496 | (6,863,460) | |||
| Income Tax Expense | - | - | - | |||
| Provision for Bonus | - | - | - | |||
| Provision for Income Tax | - | - | - | |||
| Deferred Tax Income/ (Expense) | - | - | - | |||
| Profit for the year | 14,555,045 | 5,784,496 | (6,863,460) | |||
धितोपत्र दर्ता तथा निष्काशन नियमावली अनुसूची-१४
(नियम २६ को उपनियम (१) संग सम्वन्धित)
धितोपत्र दर्ता तथा निष्काशन नियमावली अनुसूची-१४
(नियम २६ को उपनियम (१) संग सम्वन्धित)
१. वित्तीय विवरण :
क. त्रैमासिक अवधिको संक्षिप्त वासलात र नाफा (नोक्सान) सम्बन्धि विवरणहरू यसै साथ संलग्न गरिएको छ ।
ख. प्रमुख वित्तीय सूचकांकहरू निम्न बमोजिम रहेको छ ।
प्रति शेयर आम्दानी रु. (EPS) P/E Ratio प्रतिशेयर नेटवर्थ (रु.) प्रतिशेयर कुल सम्पत्तिको मूल्य तरलता अनुपात शेयर बजार मूल्य
५.५१ ४९ ८.३८ २८५.७२ ०.२३ २७०
२. व्यवस्थापकीय विश्लेषण
(क) उक्त त्रैमासिक अवधिमा आयोजनाको आम्दानी र तरलतामा गत वर्षको सोही त्रैमासिक अवधिको भन्दा बढी भएको छ । अन्य आयोजनाको व्यावसायिक योजना अनुरूप नै कार्यहरू हुँदैछन् ।
३. कानुनी कारवाही सम्बन्धी विवरण
(क) यस कम्पनीका पूर्व कर्मचारीले पारिश्रमिक भुक्तानीको सम्बन्धमा चित्त नबुझी कम्पनी विरुद्ध श्री श्रम अदालत, काठमाडौँमा दायर गर्नु भएको मुद्दा फैसला उपर चित्त नबुझी यस कम्पनीले श्री सर्वोच्च अदालतमा मुद्दा हालेकोमा हाल त्यो विचाराधीन रहेको छ ।
(ख) यस आयोजनाको सिभिल निर्माण कार्यका ठेकेदारले डिजाईन नक्शा अनुरूप कार्य नगरी कम्पनीलाई क्षति पुर्याएकोले सम्झौता अनुसार हर्जाना भराई पाऊँ भनी मुद्दा दायर भएको छ । हाल सो मुद्दा श्री पाटन उच्च अदालतमा विचाराधीन रहेको छ ।
४. संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण
(क) यस संगठित संस्थाको शेयर रजिष्ट्रार श्री एन आई बि एल एस क्यापिटल लिमिटेड, लाजिम्पाट, काठमाडौँमा रहेको छ । धितोपत्र बजारमा कम्पनीको शेयर कारोबार सामान्य रहेको छ । नेप्से अनुसार उक्त त्रैमासिक अवधिमा शेयर कारोबारको स्थिति यस प्रकार रहेको छ ।
शेयरको अधिकतम मूल्य (रु.) शेयरको न्यूनतम मूल्य (रु.) शेयरको अन्तिम मूल्य (रु.) कारोबार भएको कुल दिन कारोबार भएको संख्या
३१५ २४४ २७० ६४ ३,०५,७९३
५. समस्या र चुनौतीहरू
(क) नदीमा जलको प्रवाहमा कमी भएकोले आयोजनाबाट हुने विद्युत उत्पादनमा हिउँद याममा असर परिरहेको छ ।
(ख) विगतमा भएको ३३ केभि प्रसारण लाइनको क्षमतामा कमजोरी भई उत्पादनमा असर परेको कारण बाट आम्दानीमा कमी भई त्यसको असरले गर्दा हाल सम्म पनि बैंकको साँवा ब्याजको व्यभार बढ्न गएको छ जसले गर्दा साँवा तथा ब्याज भुक्तानीमा नियमित हुन सकीरहेको छैन । हालको बैंक ब्याज दर ६.४२ प्रतिशत छ ।
६. संस्थागत सुशासन :
(क) कम्पनीको आर्थिक तथा प्रशासनिक कार्यलाई थप व्यवस्थित तथा चुस्त बनाउनुका साथै कर्मचारी व्यवस्थापनको लागि आन्तरिक कार्यविधि बनाई सोही अनुसार लागू गरिएकोछ । ऐन, नियमम बमोजिमका अन्य समिति तथा उप समिति गठन गरी कार्यान्वयन गरिएको छ ।
७. कार्यकारी अध्यक्षको उद्घोषण :
यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरूको शुद्धता सम्बन्धमा म व्यक्तिगत रुपमा उत्तरदायी छु । साथै म यो उद्घोष गर्दछु कि मैले जाने बुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरू सत्य तथ्य र पूर्णतामा आधारित छन् भनि विश्वास लीएको छ । लगानी कर्ताहरूलाई समुचित निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरू लुकाइएको छैन भन्ने कुरामा पनि म विश्वस्त छु । लगानी कर्ताहरू बाट हुने थप जानकारीहरू को प्रयास लाई सधै स्वागत योग्य कदम ठान्ने छु ।
Dibyashwari Hydropower Ltd.
Old Baneshwor 34, Kathmandu
Unaudited Financial Report for the Fourth Quarter FY 2082-83 Ended 32 Ashar 2083
Statement of Financial Position
Particular This Quarter ending As at Ashad 32, 2083 Previous Quarter ending As at Chaitra 30, 2082 Corresponding Quarter ending as at Ashad 32, 2082
ASSETS
NON CURRENT ASSETS
| Property, Plant & Equipment | 93,265 | 99,613 | 117,914 |
| Intangible Assets | 717,601,045 | 726,187,413 | 750,941,728 |
| Deferred Tax Asset | - | - | - |
| Total Non-Current Assets | 717,694,311 | 726,287,026 | 751,059,642 |
CURRENT ASSETS
| Prepayments | 1,865,938 | - | 1,889,916 |
| Advance & Deposits | 8,917,313 | 92,50,763 | 8,688,723 |
| Financial Assets | |||
| Trade Receivables | 25,375,806 | 13,645,809 | 17,823,860 |
| Cash and Cash Equivalents | 437,840 | 136,674 | 2,517,455 |
| Total Current Assets | 36,596,898 | 23,033,246 | 30,919,954 |
| Total Assets | 754,291,208 | 749,320,272 | 781,979,596 |
LIABILITES AND EQUITY
| Non - Current Liabilities | ||||||
| Deferred Tax Liability | ||||||
| Financial Liabilities | ||||||
| Non –Current Borrowing | 573,419,514 | 580,760,672 | 528,094,070 | |||
| Total Non –Current Liabilities | 573,419,514 | 580,760,672 | 528,094,070 | |||
| Current Liabilities | ||||||
| Provisions - Current | ||||||
| Financial Liabilities | ||||||
| Current Borrowing | - | - | 73,158,317 | |||
| Retention Money | 21,443,430 | 21,443,430 | 21,443,430 | |||
| Trade Payable | 16,806,697 | 17,253,420 | 17,741,205 | |||
| Other Current Liabilities | 119,052,595 | 115,776,332 | 132,530,958 | |||
| Employee Benefit Payable | 1,444,751 | 732,746 | 1,442,439 | |||
| Total Current Liabilities | 158,747,474 | 155,205,928 | 246,316,349 | |||
| Equity | ||||||
| Share Capital | ||||||
| Ordinary Share Capital | 264,000,000 | 264,000,000 | 264,000,000 | |||
| Reserve and Surplus | (241,875,779) | (250,646,328) | (256,430,824) | |||
| Total Equity | 22,124,221 | 13,353,672 | 7,569,176 | |||
| Total Liabilities | 754,291,208 | 749,320,272 | 781,979,596 | |||
| Statement of Profit & Loss | ||||||
| Particular This Quarter ending As at Ashad | 32, | 2083 | 30, | 2082 | 32, | 2082 |
| Revenue from Power Sales | 104,418,841 | 73,575,807 | 89,928,620 | |||
| Cost of Sale | (5,216,446) | (3,874,823) | (10,332,594) | |||
| Gross Profit | 99,202,395 | 69,700,984 | 79,596,026 | |||
| Other Income | - | - | - | |||
| Profit Before Operation | 99,202,395 | 69,700,984 | 79,596,026 | |||
| Employee Benefit Expenses | (5,891,353) | (3,766,207) | (1,119,546) | |||
| Administrative Expenses | (4,881,191) | (4,072,218) | (5,520,281) | |||
| Depreciation and Amortization Expenses | (33,365,331) | (24,772,616) | (33,456,676) | |||
| Operating Profit | 55,064,520 | 37,089,943 | 39,827,727 | |||
| Finance Cost | (39,959,565) | (30,758,660) | (46,127,035) | |||
| Other Finance Cost | (549,911) | (546,788) | (564,152) | |||
| Finance Income | - | - | - | |||
| Profit Before Tax | 14,555,045 | 5,784,496 | (6,863,460) | |||
| Income Tax Expense | - | - | - | |||
| Provision for Bonus | - | - | - | |||
| Provision for Income Tax | - | - | - | |||
| Deferred Tax Income/ (Expense) | - | - | - | |||
| Profit for the year | 14,555,045 | 5,784,496 | (6,863,460) | |||
Securities Registration and Issuance Regulations Schedule-14
(Related to Rule 26, Sub-rule (1))
Securities Registration and Issuance Regulations Schedule-14
(Related to Rule 26, Sub-rule (1))
1. Financial Statements:
a. Condensed balance sheet and profit & loss details for the quarterly period are attached herewith.
b. Key financial indicators are as follows:
Earnings Per Share Rs. (EPS) P/E Ratio Net Worth Per Share (Rs.) Total Asset Value Per Share Liquidity Ratio Market Price of Share
5.51 49 8.38 285.72 0.23 270
2. Management Analysis
(a) During the said quarterly period, the project's income and liquidity increased compared to the corresponding quarterly period of the previous year. Activities are proceeding according to the business plans of other projects.
3. Details Regarding Legal Proceedings
(a) Dissatisfied with the court verdict on the lawsuit filed at the Labour Court, Kathmandu against the company regarding salary payment by a former employee, the company filed a lawsuit at the Supreme Court, which is currently sub-judice.
(b) A lawsuit has been filed claiming compensation according to the agreement as the civil construction contractor of this project failed to work according to the design map, causing damage to the company. Currently, that case is sub-judice at the Patan High Court.
4. Analysis Regarding Share Transactions of Organized Institution
(a) The Share Registrar of this organized institution is NIMB Ace Capital Limited, Lazimpat, Kathmandu. Share transactions of the company in the securities market remain normal. As per NEPSE, the share transaction situation during the said quarterly period is as follows:
Maximum Share Price (Rs.) Minimum Share Price (Rs.) Closing Share Price (Rs.) Total Days Traded Number of Transactions
315 244 270 64 3,05,793
5. Problems and Challenges
(a) Due to a decrease in river water flow, electricity generation from the project is affected during the winter season.
(b) Due to weakness in the capacity of the 33 kV transmission line in the past, production was affected, leading to a decline in income. Consequently, the burden of bank principal and interest has increased to date, making it difficult to maintain regular principal and interest payments. The current bank interest rate is 6.42 percent.
6. Corporate Governance:
(a) To make the financial and administrative work of the company more systematic and efficient, internal procedures for employee management have been drafted and implemented accordingly. Other committees and sub-committees under the Acts and Regulations have been formed and implemented.
7. Declaration by the Executive Chairman:
I am personally responsible for the accuracy of the information and details mentioned in this report. Furthermore, I declare that to the best of my knowledge and belief, the details stated in this report are true, factual, and complete. I am also confident that no details, notices, or information required for investors to make reasonable decisions have been concealed. Any efforts from investors for additional information will always be welcomed as a commendable step.