ईङ्वा हाइड्रोपावर लिमिटेडको प्रथम त्रैमासिक वित्तीय विवरणIngwa Hydropower Limited Q1 Financial Statements
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 4, 2026
UNAUDITED FINANCIAL STATEMENTS FOR THE FIRST QUARTER, FISCAL YEAR 2083/84 ENDED 31st Ashwin 2083 (17TH OCTOBER 2026)
| Particulars | This Quarter Ending Ashwin end 2083 (Unaudited) | Previous Quarter Ending Ashad end 2083 (Audited) Corresponding | Previous Year Quarter Ending Ashwin end 2082 (Unaudited) |
|---|---|---|---|
| Assets | |||
| Non Current Assets | |||
| Property, Plant And Equipment | 1,125,026 | 8,874,259 | 10,446,297 |
| Intangible Assets | 2,171,612,275 | 2,190,948,271 | 2,249,676,482 |
| Project Work-In-Progress | - | - | - |
| Deferred Tax Asset | - | - | - |
| Investment in Subsidiaries and Associates | 10,000,000 | 10,000,000 | 10,000,000 |
| Other Investments | 23,521,670 | 43,562,290 | 43,400,000 |
| Other Non-Current Assets | 25,000 | 25,000 | 25,000 |
| Total Non Current Assets | 2,206,283,971 | 2,253,409,821 | 2,313,547,779 |
| Current Assets | |||
| Trade Receivables | 45,247,736 | 8,432,166 | 50,440,275 |
| Cash And Cash Equivalents | 9,829,349 | 5,195,040 | 576,168 |
| Other Financial Assets | 55,428,930 | 52,416,879 | 87,817,386 |
| Other Current Assets | 34,004,918 | 31,209,820 | 3,150,509 |
| Current Tax Assets (Net) | 28,947 | 28,947 | 200,029 |
| Total Current Assets | 144,539,881 | 97,282,852 | 142,184,368 |
| Total Assets | 2,350,823,852 | 2,350,692,673 | 2,455,732,148 |
| Equity & Liabilities | |||
| Equity | |||
| Equity Share Capital | 600,000,000 | 600,000,000 | 600,000,000 |
| Other Equity | (53,977,797) | (61,426,924) | (19,795,893) |
| Total Equity | 546,022,203 | 538,573,076 | 580,204,107 |
| Liabilities | |||
| Non-Current Liabilities | |||
| Non-Current Borrowings | 1,669,365,179 | 1,599,120,029 | 1,661,755,890 |
| Deferred Tax Liability (Net) | 190,498 | 190,498 | - |
Provisions 75,244 - 156,027
| Particulars | This Quarter Ending Ashwin end 2083 (Unaudited) | Previous Quarter Ending Ashad end 2083 (Audited) Corresponding | Previous Year Quarter Ending Ashwin end 2082 (Unaudited) |
|---|---|---|---|
| Total Non-Current Liabilities | 1,669,630,921 | 1,599,310,526 | 1,661,911,917 |
| Current Liabilities | |||
| Current Borrowings | 68,073,411 | 164,151,080 | 150,042,106 |
| Other Financial Liabilities | 65,970,352 | 44,478,275 | 36,377,528 |
| Other Current Liabilities | 1,126,967 | 4,179,715 | 27,196,490 |
| Total Current Liabilities | 135,170,730 | 212,809,070 | 213,616,124 |
| Total Liabilities | 1,804,801,651 | 1,812,119,597 | 1,875,528,041 |
| Total Equity And Liabilities | 2,350,823,852 | 2,350,692,673 | 2,455,732,148 |
| Revenue from operations | 48,497,367 | 250,291,434 | 79,458,833 |
| Cost of sales | (12,773,596) | (69,638,991) | (9,460,675) |
| Gross Profit | 35,723,771 | 180,652,443 | 69,998,158 |
| Other Income | 20,681,544 | 34,400 | - |
| Administrative Expenses | (2,887,645) | (21,513,991) | (12,772,200) |
| Depreciation and Amortisation Expense | (20,427,387) | (82,941,844) | (21,071,595) |
| Fair Value Gain / (Loss) on Investment through FVTPL | (40,620) | 162,290 | - |
| Profit from Operation | 33,049,662 | 76,393,298 | 36,154,363 |
| Finance Income | - | 207,538 | - |
| Finance Costs | (25,371,733) | (112,378,996) | (30,438,151) |
| Profit before staff bonus and tax | 7,677,929 | (35,778,160) | 5,716,212 |
| Staff Bonus | (153,559) | - | (114,324) |
| Profit before tax | 7,524,371 | (35,778,160) | 5,601,888 |
| Income Tax | - | (60,484) | - |
| Deferred Tax Income | - | (190,498) | - |
| Profit for the year | 7,524,371 | (36,029,142) | 5,601,888 |
| Other Comprehensive Income | |||
| Items that will not be reclassified to profit or loss | - | - | - |
| (a) Remeasurement of defined benefit plans | - | - | - |
| (b) Equity instruments classified at FVTOCI | - | - | - |
| Income Tax Relating to Above Items | - | - | - |
| Other Comprehensive Income (net of tax) | - | - | - |
| Total Comprehensive Income for the year | 7,524,371 | (36,029,142) | 5,601,888 |
| Ratios This Quarter Ending Previous Quarter Ending Corresponding Previous Year Quarter Ending | |||
| Earnings per share (in Rs. Annualized) | 5.02 | (6.00) | 3.73 |
| Market value per share | 312.00 | 343.80 | 515.00 |
| Price Earning Ratio | 62.20 | (57.25) | 137.90 |
| Current Ratio | 1.07 | 0.46 | 0.67 |
Return on Assets (Annualized) 1.28% -1.53% 0.91%
Net worth per share (in Rs.) 91.00 89.76 96.70
Notes:
1. The above mentioned figures are subject to change during statutory audit of the books of accounts.
2. Previous period figures have been reclassified / adjusted wherever considered necessary.
FIRST QUARTER DISCLOSURE AS OF 17TH OCTOBER 2026
AS PER SECURITIES REGISTRATION AND ISSUE REGULATIONS, 2073
1. Financial Statements
• The unaudited financial statements for the first quarter and the financial ratios have been published along with this report.
• Important Financial Ratios: As attached in the unaudited financial statements.
2. Management's Analysis
• The company is presently operating the Upper Ingwa Khola Small Hydropower Project (9.7 MW) in the districts of Panchthar and Taplejung. It commenced commercial operations on the 28th of Chaitra, 2080.
• Due to flood, the plant was closed starting on Jestha 9, 2083. Units 1 and 2 started operating again on Shrawan 21, 2083, and Bhadra 23, 2083, respectively. The insurance company provided an advance of NPR 2,00,00,000 after the company claimed the project's property and LOP insurance for damage.
3. Legal Proceedings
• Lawsuits filed by or against the company: None
4. Analysis of Shares Transaction
• Shares of the company were actively traded during the quarter.
• Major highlights of share transaction during the quarter are as follows:
Maximum Price NPR 378.90 Minimum Price NPR 282.50 Closing Price NPR 312 No of Transaction Days – 61
Total Transactions 3,348 Total Traded Volume 4,47,732 Total Turnover NPR 14,71,64,129.10
5. Problems and Challenges
Internal Risk
• Retention of skilled human resources.
• To manage the overhead cost and maintain the operational efficiency
External Risk
• Lack of political commitment in development of hydroelectric projects.
• Loss due to natural disaster-flood, landslide, earthquake, drought, force majeure issue etc.
• Delay of statutory approvals.
6. Corporate Governance
Board of Directors, Audit Committee and Team Management are committed to strengthening the corporate governance within the Company.
7. Declaration
I, the Executive Director of the Company, hereby individually accept responsibility for the accuracy of the information and details contained in this report. Also hereby declare that to the best of my knowledge and belief, the information contained in this report is true, accurate and complete and there are no other matters concealed the omission of which shall adversely affect the informed investment decision by the investors.
UNAUDITED FINANCIAL STATEMENTS FOR THE FIRST QUARTER, FISCAL YEAR 2083/84 ENDED 31st Ashwin 2083 (17TH OCTOBER 2026)
| Particulars | This Quarter Ending Ashwin end 2083 (Unaudited) | Previous Quarter Ending Ashad end 2083 (Audited) Corresponding | Previous Year Quarter Ending Ashwin end 2082 (Unaudited) |
|---|---|---|---|
| Assets | |||
| Non Current Assets | |||
| Property, Plant And Equipment | 1,125,026 | 8,874,259 | 10,446,297 |
| Intangible Assets | 2,171,612,275 | 2,190,948,271 | 2,249,676,482 |
| Project Work-In-Progress | - | - | - |
| Deferred Tax Asset | - | - | - |
| Investment in Subsidiaries and Associates | 10,000,000 | 10,000,000 | 10,000,000 |
| Other Investments | 23,521,670 | 43,562,290 | 43,400,000 |
| Other Non-Current Assets | 25,000 | 25,000 | 25,000 |
| Total Non Current Assets | 2,206,283,971 | 2,253,409,821 | 2,313,547,779 |
| Current Assets | |||
| Trade Receivables | 45,247,736 | 8,432,166 | 50,440,275 |
| Cash And Cash Equivalents | 9,829,349 | 5,195,040 | 576,168 |
| Other Financial Assets | 55,428,930 | 52,416,879 | 87,817,386 |
| Other Current Assets | 34,004,918 | 31,209,820 | 3,150,509 |
| Current Tax Assets (Net) | 28,947 | 28,947 | 200,029 |
| Total Current Assets | 144,539,881 | 97,282,852 | 142,184,368 |
| Total Assets | 2,350,823,852 | 2,350,692,673 | 2,455,732,148 |
| Equity & Liabilities | |||
| Equity | |||
| Equity Share Capital | 600,000,000 | 600,000,000 | 600,000,000 |
| Other Equity | (53,977,797) | (61,426,924) | (19,795,893) |
| Total Equity | 546,022,203 | 538,573,076 | 580,204,107 |
| Liabilities | |||
| Non-Current Liabilities | |||
| Non-Current Borrowings | 1,669,365,179 | 1,599,120,029 | 1,661,755,890 |
| Deferred Tax Liability (Net) | 190,498 | 190,498 | - |
Provisions 75,244 - 156,027
| Particulars | This Quarter Ending Ashwin end 2083 (Unaudited) | Previous Quarter Ending Ashad end 2083 (Audited) Corresponding | Previous Year Quarter Ending Ashwin end 2082 (Unaudited) |
|---|---|---|---|
| Total Non-Current Liabilities | 1,669,630,921 | 1,599,310,526 | 1,661,911,917 |
| Current Liabilities | |||
| Current Borrowings | 68,073,411 | 164,151,080 | 150,042,106 |
| Other Financial Liabilities | 65,970,352 | 44,478,275 | 36,377,528 |
| Other Current Liabilities | 1,126,967 | 4,179,715 | 27,196,490 |
| Total Current Liabilities | 135,170,730 | 212,809,070 | 213,616,124 |
| Total Liabilities | 1,804,801,651 | 1,812,119,597 | 1,875,528,041 |
| Total Equity And Liabilities | 2,350,823,852 | 2,350,692,673 | 2,455,732,148 |
| Revenue from operations | 48,497,367 | 250,291,434 | 79,458,833 |
| Cost of sales | (12,773,596) | (69,638,991) | (9,460,675) |
| Gross Profit | 35,723,771 | 180,652,443 | 69,998,158 |
| Other Income | 20,681,544 | 34,400 | - |
| Administrative Expenses | (2,887,645) | (21,513,991) | (12,772,200) |
| Depreciation and Amortisation Expense | (20,427,387) | (82,941,844) | (21,071,595) |
| Fair Value Gain / (Loss) on Investment through FVTPL | (40,620) | 162,290 | - |
| Profit from Operation | 33,049,662 | 76,393,298 | 36,154,363 |
| Finance Income | - | 207,538 | - |
| Finance Costs | (25,371,733) | (112,378,996) | (30,438,151) |
| Profit before staff bonus and tax | 7,677,929 | (35,778,160) | 5,716,212 |
| Staff Bonus | (153,559) | - | (114,324) |
| Profit before tax | 7,524,371 | (35,778,160) | 5,601,888 |
| Income Tax | - | (60,484) | - |
| Deferred Tax Income | - | (190,498) | - |
| Profit for the year | 7,524,371 | (36,029,142) | 5,601,888 |
| Other Comprehensive Income | |||
| Items that will not be reclassified to profit or loss | - | - | - |
| (a) Remeasurement of defined benefit plans | - | - | - |
| (b) Equity instruments classified at FVTOCI | - | - | - |
| Income Tax Relating to Above Items | - | - | - |
| Other Comprehensive Income (net of tax) | - | - | - |
| Total Comprehensive Income for the year | 7,524,371 | (36,029,142) | 5,601,888 |
| Ratios This Quarter Ending Previous Quarter Ending Corresponding Previous Year Quarter Ending | |||
| Earnings per share (in Rs. Annualized) | 5.02 | (6.00) | 3.73 |
| Market value per share | 312.00 | 343.80 | 515.00 |
| Price Earning Ratio | 62.20 | (57.25) | 137.90 |
| Current Ratio | 1.07 | 0.46 | 0.67 |
Return on Assets (Annualized) 1.28% -1.53% 0.91%
Net worth per share (in Rs.) 91.00 89.76 96.70
Notes:
1. The above mentioned figures are subject to change during statutory audit of the books of accounts.
2. Previous period figures have been reclassified / adjusted wherever considered necessary.
FIRST QUARTER DISCLOSURE AS OF 17TH OCTOBER 2026
AS PER SECURITIES REGISTRATION AND ISSUE REGULATIONS, 2073
1. Financial Statements
• The unaudited financial statements for the first quarter and the financial ratios have been published along with this report.
• Important Financial Ratios: As attached in the unaudited financial statements.
2. Management's Analysis
• The company is presently operating the Upper Ingwa Khola Small Hydropower Project (9.7 MW) in the districts of Panchthar and Taplejung. It commenced commercial operations on the 28th of Chaitra, 2080.
• Due to flood, the plant was closed starting on Jestha 9, 2083. Units 1 and 2 started operating again on Shrawan 21, 2083, and Bhadra 23, 2083, respectively. The insurance company provided an advance of NPR 2,00,00,000 after the company claimed the project's property and LOP insurance for damage.
3. Legal Proceedings
• Lawsuits filed by or against the company: None
4. Analysis of Shares Transaction
• Shares of the company were actively traded during the quarter.
• Major highlights of share transaction during the quarter are as follows:
Maximum Price NPR 378.90 Minimum Price NPR 282.50 Closing Price NPR 312 No of Transaction Days – 61
Total Transactions 3,348 Total Traded Volume 4,47,732 Total Turnover NPR 14,71,64,129.10
5. Problems and Challenges
Internal Risk
• Retention of skilled human resources.
• To manage the overhead cost and maintain the operational efficiency
External Risk
• Lack of political commitment in development of hydroelectric projects.
• Loss due to natural disaster-flood, landslide, earthquake, drought, force majeure issue etc.
• Delay of statutory approvals.
6. Corporate Governance
Board of Directors, Audit Committee and Team Management are committed to strengthening the corporate governance within the Company.
7. Declaration
I, the Executive Director of the Company, hereby individually accept responsibility for the accuracy of the information and details contained in this report. Also hereby declare that to the best of my knowledge and belief, the information contained in this report is true, accurate and complete and there are no other matters concealed the omission of which shall adversely affect the informed investment decision by the investors.