मेन्छियाम हाइड्रोपावरको चौथो त्रैमासिक वित्तीय विवरण सार्वजनिकMenchhiyam Hydropower Q4 Financial Results Published
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on August 14, 2026
Unaudited Statement of Financial Position
As on 16 July, 2026
| Pariculars F.Y. 2082/083 | 2083 | 2082 | 2082 |
| Shareholders Fund | |||
| Equity Share Capital | 542,583,300 | 542,583,300 | 542,583,300 |
| Reserve & Surplus | (681,468,081) | (672,105,000) | (675,875,519) |
| Medium and Long Term Loan | |||
| Secured loan | 1,171,196,122 | 1,174,570,848 | 1,168,145,639 |
| Current Liabilities | |||
| Sundry Creditors and other Payable | 213,906,661 | 207,396,302 | 260,872,366 |
| Deferred Interest Payable | - | - | - |
| Short Term Loan | 19,000,000 | 19,000,000 | 9,099,559 |
| Other Current Liabilities | 66,444,838 | 89,270,823 | 89,270,823 |
| Total Sources of Fund | 1,331,662,840 | 1,360,716,274 | 1,394,096,168 |
| Application of Fund | |||
| Non Current Assets | |||
| Property Plant and equipment | 1,217,711,874 | 1,230,670,703 | 1,267,666,028 |
| Current Assets | |||
| Debtors & Receivables | 24,519,548 | 14,222,421 | 24,592,362 |
| Cash and Bank Balance | 1,737,037 | 1,793,733 | 384,204 |
| Advance, Loan, Prepaid and Deposits | 87,694,382 | 114,029,416 | 101,453,574 |
| Total Application of Fund | 1,331,662,840 | 1,360,716,274 | 1,394,096,168 |
| INCOME STATEMENT For the period 17 | 2025 | 16 | 2026 |
Particulars F.Y. 2082/083 2083 Ashad Ending F.Y. 2082/083 2082Chaitra Ending F.Y. 2081/082 2082 Ashad Ending
| Revenue | |||
| Electricity Sale to NEA | 133,051,093 | 103,750,046 | 33,857,739 |
| Cost of Sales | 2,887,530 | 2,400,066 | 1,592,464 |
| Gross Income | 130,163,563 | 101,349,980 | 32,265,276 |
| Income From Insurance | - | - | 101,815,887 |
| Expenses | |||
| Administrative Expenses | 18,550,189 | 8,893,911 | 403,118,785 |
| Profit before Interest, Depreciation and Tax | 111,613,374 | 92,456,069 | (269,037,622) |
| Financial Expense | 66,893,883 | 50,875,218 | 72,929,493 |
| Depreciations & Amortizations | 50,312,052 | 37,810,332 | 52,240,589 |
| Profit Before Tax and Bonus | (5,592,561) | 3,770,520 | (394,207,705) |
| Provision for Tax | - | - | (53,782) |
| Current Tax | - | - | - |
| Deferred Tax Income (Expense) | - | - | (53,782) |
| Net profit for the year | (5,592,561) | 3,770,520 | (394,261,487) |
| Profit upto Previous Year | (675,875,519) | (675,875,519) | (281,614,033) |
| Net profit transferred to balance sheet | (681,468,081) | (672,105,000) | (675,875,519) |
| EPS(Annualised) | (1.03) | 0.93 | (72.66) |
| Total Asset per Share | 245.43 | 250.78 | 256.94 |
| Net worth per share | (25.60) | (23.87) | (24.57) |
| Liquidity ratio | 0.41 | 0.44 | 0.36 |
| MPS | 275 | 410 | 533 |
| P/E Ratio | (266.90) | 442.50 | (7.34) |
Notes: 1. Previous figures are reclassified whenever necessary.
धितोपत्र दर्ता तथा निष्काशन नियमावली २०७३, अनुसूची-१४
(नियम २६ को उपनियम १ संग सम्बन्धित)
आ.व.२०८२/२०८३ को चौथो (असार मसान्तसम्म) त्रैमासिक अवधिको विवरण
१. वित्तीय विवरण:
(क) आ.व.२०८२/२०८३ को त्रैमासिक अवधिको वासलात, नाफा नोक्सान सम्बन्धी विवरणहरु यसै साथ संलग्न गरिएको छ ।
(ख) प्रमुख वित्तीय अनुपातहरू सम्बन्धी विवरण :
| प्रति शेयर आम्दानी त्रैमासिकः | (१.०३) | (२६६.९०) | (२५.६०) |
| प्रति शेयरकुल सम्पत्तिको मूल्यः | २४५.४३ | ०.४१ |
२. व्यवस्थापकीय विश्लेषणः कम्पनीको नाफा र नगद प्रवाहमा असर पार्ने खालका घटनाहरुः
यस त्रैमासिक अवधिमा सन्तोषजनक रुपमा विद्युत उत्पादन भईरहेको छ ।
३. कानुनी कारवाही सम्बन्धी विवरणः
(क) त्रैमासिक अवधिमा संगठित संस्थाले वा संस्थाको विरुद्ध कुनै मुद्दा दायर भएको भए :
स्ट्रक्टो नेपाल प्रा.लि. र मेन्छियाम हाईड्रोपावर लि.बीच मध्यस्थता सम्बन्धी विवाद उच्च अदालत पाटनमा विचारधिन रहेको ।
(ख) संगठित संस्थाको संस्थापक वा संचालकले वा संस्थापक वा संचालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर गरेको वा भएको भए : छैन ।
(ग) कुनै संस्थापक वा संचालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर भएको भए : छैन ।
४. संगठित संस्थाको कारोबार सम्बन्धी विश्लेषणः
(क) धितोपत्र बजारमा भएको संगठित संस्थाको शेयरको कारोबार सम्बन्धमा व्यवस्थापनको धारणाः
धितोपत्र बजारमा हाल भइरहेको संगठित संस्था कारोवारमा देखिएको उतार चढाव यस कम्पनीको हकमा समेत प्रभावको रुपमा देखिएको छ । शेयरको मूल्य एवं खरिद बिक्रीमा कहिले अधिकतम वृद्धी हुने कहिले अधिकतम संकुचन अवस्था देखिदै आएको छ। यद्यपि हालसम्म भएको कारोवार र शेयरको मुल्यलाई छलफल एवं मुल्याङ्कन गर्दा सन्तुष्ट हुने अवस्था नै रहेको छ ।
(ख) त्रैमासिक अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिम मूल्य, कारोबार भएको कूल दिन तथा कारोबार संख्याः
शेयरको अधिकतम मूल्य शेयरको न्यूनतम मूल्य शेयरको अन्तिम मूल्य शेयर कारोबार भएको कूल दिन
रु.४०७।- २७१।५० २७५।१० ६४ दिन
५. समस्या तथा चुनौति : नेपालको शेयर कारोबारमा परियोजनाहरूमा समस्या र चुनौतीहरू अनेक प्रकारका हुन्छन् । यसले विभिन्न क्षेत्रमा उत्पन्न हुने अवस्था, सामाजिक-आर्थिक संरचना, राजनीतिक तथा कानूनी प्रविधिहरू, तर्फका नियमन करणका अभाव, लागतको व्यवस्थापन, विकास योजनामा असमर्थता, प्रावृत्तिक समस्याहरू, बडापत्रका प्रतिबद्धतासँग सम्बन्धित सक्षमताहरू, प्रविधिहरूको अभाव, रोजगारको अभाव, विपणन र विपणनका तरिकाहरू, विदेशी निवेशको अभाव, सामाजिक र पर्याप्त अनुसन्धान तथा नवाचारको अभाव, प्राधिकृतीकरणका अभाव, प्रदूषणको विपरीत प्रभाव, आप्रवासन, लागतको असमझ तथा व्ययको बिहिनता, तथा प्राप्ति तथा विनाशका स्रोतमा असहमति जस्ताका कई समस्याहरू परियोजनाहरूमा आएका छन् ।
शेयर कारोबारमा आएका समस्या र चुनौतीहरूको समाधान गर्नका लागि केहि रणनीतिहरू यहाँ दिइएको छः
(क) अध्ययन र अनुसन्धानः शेयर कारोबारमा प्रवेश गर्दा पहिलो पटक अध्ययन गर्नु अत्यन्त महत्वपूर्ण छ । केहि समय लगाउने र प्रमुख समस्या र चुनौतीहरूलाई पहिचान मात्रै यहाँलाई उपयुक्त प्रावधान प्रदान गरिएको छ ।
(ख) निवेशकको ज्ञान र परिप्रेक्ष्यः निवेशकलाई शेयर बजारको प्रावधान, काम काज, निवेश संघर्ष, विपत्तिहरू, अनुसन्धान गर्दै आवश्यक जानकारी प्रदान गर्न आवश्यक छ ।
(ग) दिन वित्तीय नियमितताः शेयर कारोबारमा नियमितता राख्दा निवेशकले अधिक परिस्थितिक परिपूर्णता अनुभव गर्न सक्छ । दिन वित्तीय लेखा-बही, मूल्यमा पर्याप्त अध्ययन, प्रतिष्ठित बजार विश्लेषण गर्न निवेशकलाई मदत पुऱ्याउँदछ ।
६. संस्थागत सुशासनः संस्थागत सुशासन संरचना संगठन वा संस्थाबारे अधिक शुद्धता, प्रशासन, नियमितता, र प्रदायकता अवगत गराउनका लागि विभिन्न व्यवस्थापनका कदमहरूलाई सम्मिलित गर्दछ । यसले संस्थागत सुशासनको प्रभावशीलता, कार्य प्रणालीको अद्यावधिकता, र संवाद सञ्चालनका लागि माध्यम प्रदान गर्दछ । यहाँ केहि महत्वपूर्ण कदमहरूको विवरण दिइएको छ ।
(क) संस्था निर्माण र प्रशासनः संस्थागत सुशासनको पहिलो कदम संस्था निर्माण र प्रशासनमा छ । सुशासन नीति, विशेषतः प्रशासनिक प्रक्रिया, अनुशासन निर्धारण, प्रन्वयन प्रक्रिया, र नियम विनियमहरूको पालन गर्दा आवश्यक छ ।
(ख) नियमितता र अद्यावधिकताः संस्थागत सुशासनको अर्को महत्वपूर्ण पहिलो कदम नियमितता र अद्यावधिकताको लागि हो । नियमितता सुनिश्चित गर्दा संस्थाबारे निरीक्षण, साक्षरता, नियमित अनुसन्धान र परीक्षणका लागि उपाय निर्धारित गर्न सकिन्छ ।
(ग) सूचना प्रविधिकरणः संस्थागत सुशासनको एक अद्यावधिक कदम सूचना प्रविधिकरणको विकास हो । डिजिटल प्लैटफर्म, नेटवर्कर्ड, सूचना सुरक्षा, डेटा प्रबन्धनका लागि उपायहरू विकसित गर्दा संस्थाको सूचना प्रविधिकरण प्रदान गर्दछ ।
७. सत्य, तथ्यता सम्बन्धमा कार्यकारी प्रमुखको उद्घोषणः आजका मितिसम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरुको शुद्धता सम्बन्धमा म व्यक्तिगत रुपमा उत्तरदायित्व लिन्छु । साथै म यो उद्घोषगर्दछु की मैले जाने बुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरु सत्य, तथ्य र पूर्ण छन् र लगानीकर्ताहरुलाई सुसूचित निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरु लुकाइएको छैन ।
Unaudited Statement of Financial Position
As on 16 July, 2026
| Particulars F.Y. 2082/083 | 2083 | 2082 | 2082 |
| Shareholders Fund | |||
| Equity Share Capital | 542,583,300 | 542,583,300 | 542,583,300 |
| Reserve & Surplus | (681,468,081) | (672,105,000) | (675,875,519) |
| Medium and Long Term Loan | |||
| Secured loan | 1,171,196,122 | 1,174,570,848 | 1,168,145,639 |
| Current Liabilities | |||
| Sundry Creditors and other Payable | 213,906,661 | 207,396,302 | 260,872,366 |
| Deferred Interest Payable | - | - | - |
| Short Term Loan | 19,000,000 | 19,000,000 | 9,099,559 |
| Other Current Liabilities | 66,444,838 | 89,270,823 | 89,270,823 |
| Total Sources of Fund | 1,331,662,840 | 1,360,716,274 | 1,394,096,168 |
| Application of Fund | |||
| Non Current Assets | |||
| Property Plant and equipment | 1,217,711,874 | 1,230,670,703 | 1,267,666,028 |
| Current Assets | |||
| Debtors & Receivables | 24,519,548 | 14,222,421 | 24,592,362 |
| Cash and Bank Balance | 1,737,037 | 1,793,733 | 384,204 |
| Advance, Loan, Prepaid and Deposits | 87,694,382 | 114,029,416 | 101,453,574 |
| Total Application of Fund | 1,331,662,840 | 1,360,716,274 | 1,394,096,168 |
| INCOME STATEMENT For the period 17 | 2025 | 16 | 2026 |
Particulars F.Y. 2082/083 2083 Ashad Ending F.Y. 2082/083 2082Chaitra Ending F.Y. 2081/082 2082 Ashad Ending
| Revenue | |||
| Electricity Sale to NEA | 133,051,093 | 103,750,046 | 33,857,739 |
| Cost of Sales | 2,887,530 | 2,400,066 | 1,592,464 |
| Gross Income | 130,163,563 | 101,349,980 | 32,265,276 |
| Income From Insurance | - | - | 101,815,887 |
| Expenses | |||
| Administrative Expenses | 18,550,189 | 8,893,911 | 403,118,785 |
| Profit before Interest, Depreciation and Tax | 111,613,374 | 92,456,069 | (269,037,622) |
| Financial Expense | 66,893,883 | 50,875,218 | 72,929,493 |
| Depreciations & Amortizations | 50,312,052 | 37,810,332 | 52,240,589 |
| Profit Before Tax and Bonus | (5,592,561) | 3,770,520 | (394,207,705) |
| Provision for Tax | - | - | (53,782) |
| Current Tax | - | - | - |
| Deferred Tax Income (Expense) | - | - | (53,782) |
| Net profit for the year | (5,592,561) | 3,770,520 | (394,261,487) |
| Profit upto Previous Year | (675,875,519) | (675,875,519) | (281,614,033) |
| Net profit transferred to balance sheet | (681,468,081) | (672,105,000) | (675,875,519) |
| EPS(Annualised) | (1.03) | 0.93 | (72.66) |
| Total Asset per Share | 245.43 | 250.78 | 256.94 |
| Net worth per share | (25.60) | (23.87) | (24.57) |
| Liquidity ratio | 0.41 | 0.44 | 0.36 |
| MPS | 275 | 410 | 533 |
| P/E Ratio | (266.90) | 442.50 | (7.34) |
Notes: 1. Previous figures are reclassified whenever necessary.
Securities Registration and Issue Regulations 2073, Schedule-14
(Related to Sub-regulation 1 of Regulation 26)
Report for the Fourth Quarter (End of Ashad) of F.Y. 2082/2083
1. Financial Statements:
(a) The Balance Sheet and Profit and Loss Statement of the quarterly period of F.Y. 2082/2083 are attached herewith.
(b) Details of Major Financial Ratios:
| Earnings Per Share Quarterly: | (1.03) | (266.90) | (25.60) |
| Total Asset Value Per Share: | 245.43 | 0.41 |
2. Management Analysis: Events that may affect the company's profit and cash flow:
Electricity generation during this quarterly period has been satisfactory.
3. Details Regarding Legal Proceedings:
(a) In case any lawsuit has been filed by or against the corporate body during the quarterly period:
Arbitration dispute between Structo Nepal Pvt. Ltd. and Menchhiyam Hydropower Ltd. is under consideration in the High Court Patan.
(b) In case any lawsuit has been filed by or against a promoter or director of the corporate body regarding disobedience of prevalent regulations or criminal offences: None.
(c) In case any lawsuit has been filed against any promoter or director regarding economic offenses: None.
4. Analysis of Corporate Body's Transactions:
(a) Management's opinion on the transaction of shares of the corporate body in the securities market:
The fluctuations currently seen in the trading of the organized entity in the securities market have also affected this company. Both maximum growth and maximum contraction have been observed in the share price and trading volume. However, the management remains satisfied upon analyzing the trading and share price to date.
(b) Maximum, minimum, closing price, total trading days, and number of transactions of the shares during the quarterly period:
Maximum Price of Share Minimum Price of Share Closing Price of Share Total Days Shares Traded
Rs. 407।- 271।50 275।10 64 Days
5. Problems and Challenges: Various types of problems and challenges exist in projects in Nepal's share trading. These include situations arising in various fields, socio-economic structure, political and legal mechanisms, lack of regulatory oversight, cost management, inability in development plans, natural problems, capabilities related to commitments, lack of technology, lack of employment, marketing and marketing methods, lack of foreign investment, lack of social and adequate research and innovation, lack of authorization, adverse effects of pollution, immigration, cost misunderstanding and lack of expenditure, and disagreements over sources of acquisition and destruction.
Some strategies to resolve the problems and challenges in share trading are given here:
(a) Study and Research: Conducting study before entering share trading is extremely important. Dedicating some time and identifying major problems and challenges has been suitably provided here.
(b) Investor's Knowledge and Perspective: It is necessary to provide investors with essential information by researching share market provisions, operations, investment conflicts, and risks.
(c) Daily Financial Regularity: By maintaining regularity in share trading, investors can experience greater situational completeness. Daily financial book-keeping, adequate study of price, and analyzing reputed market reports assist investors.
6. Corporate Governance: Corporate governance structure incorporates various management steps to ensure greater accuracy, administration, regularity, and accountability regarding the organization or entity. It provides a medium for the effectiveness of corporate governance, updating work systems, and conducting communication. Details of some important steps are provided here.
(a) Institutional Development and Administration: The first step of corporate governance lies in organizational development and administration. It is necessary to adhere to governance policy, especially administrative procedures, discipline setting, implementation process, and rules and regulations.
(b) Regularity and Update: Another important first step of corporate governance is for regularity and timeliness. To ensure regularity, measures can be determined for institutional inspection, literacy, regular research, and testing.
(c) Information Technology Adoption: One updating step of corporate governance is the development of information technology. While developing measures for digital platforms, network cards, information security, and data management, it provides institutional IT capability.