साहस ऊर्जा लिमिटेडको आव २०८२/८३ को चौथो त्रैमासिक वित्तीय विवरणSahas Urja Ltd. Unaudited Q4 Financial Statement FY 2082/83
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on August 2, 2026
Sahas Urja Ltd.
Kathmandu-01, Hattisar
Unaudited Statement of Financial Position
As on 32nd Ashad, 2083 (i.e. 16th July, 2026) 4th Quarter FY 2082/83
Amount In NRs.
Particulars FY 2082/83 4th Quarter Ending FY 2082/83 3rd Quarter Ending FY 2081/82 4th Quarter Ending
Assets
Non-Current Assets
| Property, Plant and Equipments | 302,888,259 | 296,751,593 | 286,065,775 |
| Less: Accumulated Depreciation | (131,358,778) | (125,651,460) | (114,068,089) |
| Total Property, Plant and Equipments | 171,529,481 | 171,100,133 | 171,997,686 |
| Computer Software | 317,020 | 317,020 | 317,020 |
| Less: Accumulated Amortization | (309,520) | (307,588) | (302,020) |
| Project Cost | 17,016,904,652 | 16,907,810,480 | 16,819,439,296 |
| Less: Accumulated Amortization | (2,055,641,040) | (1,893,081,646) | (1,436,916,678) |
| Total Intangible Assets | 14,961,271,112 | 15,014,738,266 | 15,382,537,619 |
| Project Development Cost (BGHEP) | 4,307,941 | 107,582,651 | 55,319,443 |
| Prepayments | 7,073,633 | 7,100,694 | 6,602,373 |
| Right of Use Assets | 11,846,041 | 12,692,187 | 15,230,624 |
| Investment in Subsidiary | 2,162,470,400 | 2,161,820,400 | 1,107,220,400 |
| Total Non Current Assets | 17,318,498,608 | 17,475,034,330 | 16,738,908,145 |
Current Assets
| Other Current Assets | 576,902,497 | 685,257,339 | 780,893,853 |
| Cash And Cash Equivalents | 539,390,645 | 350,276,592 | 208,114,866 |
| Financial Assets held at fair value through Profit or Loss | 26,260,000 | 26,260,000 | 100,000 |
| Total Current Assets | 1,142,553,142 | 1,061,793,931 | 989,108,719 |
| Total Assets | 18,461,051,749 | 18,536,828,261 | 17,728,016,865 |
Equity & Liabilities
Shareholder's Fund
| Share Capital | 4,573,800,000 | 4,573,800,000 | 3,780,000,000 |
| Reserve and Accumulated Profit/(Loss) | 3,680,383,800 | 3,504,683,081 | 3,162,053,756 |
| Total Shareholder's Fund | 8,254,183,800 | 8,078,483,081 | 6,942,053,756 |
| Revaluation Surplus | 5,396,290 | 5,396,290 | 5,396,290 |
Non Current Liabilities
| Medium & Long Term Loan | 8,863,442,793 | 8,453,926,906 | 9,176,940,372 |
| Total Non Current Liabilities | 8,863,442,793 | 8,453,926,906 | 9,176,940,372 |
Current Liabilities
| Accounts Payables | 35,886,110 | 29,876,074 | 34,246,682 |
| Provisions | 46,024,389 | 41,762,887 | 25,725,425 |
| Withholding & Retentions | 56,118,367 | 54,343,797 | 52,789,751 |
| Bridge Gap Loan | 1,200,000,000 | 1,873,039,226 | 1,490,864,589 |
| Total Current Liabilities | 1,338,028,866 | 1,999,021,984 | 1,603,626,447 |
| Total Equity & Liabilities | 18,461,051,749 | 18,536,828,261 | 17,728,016,865 |
Unaudited Statement of Profit or Loss and Other Comprehensive Income
For the Period from 1st Shrawan 2082 to 32nd Ashad, 2083 (i.e. 17th July, 2025 to 16th July, 2026)
| Particulars | FY 2082/83 4th Quarter Ending | FY 2082/83 3rd Quarter Ending | FY 2081/82 4th Quarter Ending |
|---|---|---|---|
| Revenue from Sale of Electricity | 2,844,534,705 | 2,333,888,933 | 2,648,166,152 |
| Less: Direct Expenses | (228,282,950) | (149,421,689) | (188,224,041) |
| Less: Amortisation of Project Cost | (618,724,362) | (456,164,968) | (610,005,090) |
| Gross Profit | 1,997,527,393 | 1,728,302,276 | 1,849,937,021 |
| Add: Insurance Income | 31,082,220 | - | - |
| Add: Other Income | - | - | 565,266 |
| Total Income | 2,028,609,612 | 1,728,302,276 | 1,850,502,286 |
| Less: Loss Due to Landslide and Flood | - | - | (36,260,261) |
| Less: Administrative Expenses | (35,480,226) | (49,482,252) | (78,302,013) |
| Less: Depreciation | (17,298,189) | (11,588,940) | (14,858,421) |
| Operating Profit/(Loss) | 1,975,831,197 | 1,667,231,084 | 1,721,081,591 |
| Finance income | 2,959,039 | 2,312,776 | 3,856,797 |
| Finance costs | (577,598,031) | (450,246,600) | (802,127,856) |
| Net Finance Cost | (574,638,991) | (447,933,824) | (798,271,059) |
| Profit Before Tax and Staff Bonus | 1,401,192,206 | 1,219,297,260 | 922,810,531 |
| Staff Bonus | (28,023,844) | (24,385,945) | (18,456,211) |
| Provision for Corporate Social Responsibility | (14,011,922) | (12,192,973) | (9,228,105) |
| Profit Before Tax | 1,359,156,439 | 1,182,718,342 | 895,126,215 |
Deferred Tax - Surplus (Expenses) - - -
| Income Tax Expenses | - | - | - |
| Other Comprehensive Income | - | - | - |
| Total Comprehensive Income | 1,359,156,439 | 1,182,718,342 | 895,126,215 |
Notes:
1. The Financial Statements are prepared as per the Nepal Financial Reporting Standards (NFRS).
2. As per the Cost Sharing Agreement signed between Sahas Urja Ltd. and its Subsidiary Times Energy Pvt. Ltd. the Administrative Costs for FY 2082/83 has been reimbursed by the subsidiary and adjusted accordingly.
3. The Financial Statements were authorised to be published by the Audit Committee Meeting held on 2083.04.15.
धितोपत्र दर्ता तथा निष्काशन नियमावली २०७३ को अनुसूची-१४, नियम २६ को उपनियम (१) सँग सम्बन्धित
आ.व. २०८२/०८३ को चौथो त्रैमासिक प्रतिवेदन
१) वित्तीय विवरण
(क) त्रैमासिक अवधिको वासलात नाफा नोक्सान विवरण :
यस साहस उर्जा लि. को उपरोक्त त्रैमासिक अवधिसम्मको अपरिष्कृत वासलात र नाफा नोक्सान विवरण यसै साथ पेश गरिएको छ ।
(ख) प्रमुख वित्तीय अनुपातहरू/परिसूचकहरू :
| प्रति शेयर आम्दानी (वार्षिकीकरण गरिएको) | २९.७२ | २१.४० |
| प्रति शेयर नेटवर्थ | १८०.५८ | ०.८५ |
प्रति शेयर कुल सम्पत्तिको मुल्य ४०३.६३
२) व्यवस्थापकीय विश्लेषण :
(क) त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भए सोको प्रमुख कारण
समीक्षा अवधिमा परियोजनाबाट निरन्तर विद्युत उत्पादन भइरहेको छ । विद्युत उत्पादन नदी प्रवाहमा आधारित भएकोले नदी प्रवाहमा आएको परिवर्तन सँगै विद्युत उत्पादनमा पनि घटबढ भएको छ । परियोजनाद्वारा उत्पादित विद्युत नेपाल विद्युत प्राधिकरणसँग भएको PPA बमोजिम खरिद बिक्री भई भुक्तानी प्राप्त भइरहेको छ ।
(ख) व्यवस्थापनको विश्लेषणात्मक विवरण
कम्पनीको उद्देश्य बमोजिम कम्पनीको सहायक कम्पनी टाइम्स ईनर्जी प्रा. लि. द्वारा प्रवर्द्धित नयाँ परियोजना बुढीगण्डकी जलविद्युत आयोजना ३४१ मे.वा. (PROR Type) को विकासको लागि विविध प्रारम्भिक कार्यहरू अगाडी बढाइएको तथा डिजाइनको काम अन्तिम चरणमा रहेको, परियोजना स्थलमा कामदार तथा कर्मचारीहरू परिचालन भएको तथा आवास गृह निर्माण कार्य अन्तिम चरणमा रहेको छ ।
३) कानुनी कारवाही सम्बन्धी विवरण:
(क) समीक्षा अवधिमा कम्पनीले वा कम्पनीको विरुद्ध कुनै मुद्दा दायर नभएको ।
(ख) कम्पनीको संस्थापक वा संचालकले वा कम्पनीको संचालकको विरुद्ध प्रचलित नियमको अवज्ञा वा फौजदारी कसुर गरेको सम्बन्धमा कुनै मुद्दा दायर गरेको वा भएको कम्पनीको जानकारीमा नभएको ।
(ग) कम्पनी विरुद्ध कुनै आर्थिक अभियोग सम्बन्धमा कुनै मुद्दा नभएको तथा कम्पनीको संचालक विरुद्ध कुनै आर्थिक अभियोग दायर भएको कम्पनीलाई जानकारी नभएको ।
४) संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण:
(क) धितोपत्र बजारमा भएको संगठित संस्थाको शेयर कारोबार सम्बन्धमा व्यवस्थापनको धारणा:
कम्पनीको मिति २०८२/०८/२४ मा सम्पन्न आर्थिक वर्ष २०८१/०८२ को वार्षिक साधारण सभाले पारित गरेको बोनस शेयर पश्चात कायम हुने चुक्ता पुँजीको १:१ हकप्रद शेयर जारी गर्ने प्रस्ताव विद्युत नियमन आयोगबाट मिति २०८२/१२/१७ मा स्वीकृत प्राप्त भई नेपाल धितोपत्र बोर्डमा स्वीकृतिको प्रक्रियामा रहेको छ । शेयरको मुल्य तथा कारोबार वजारले निर्धारण गर्ने हुँदा यस कम्पनीको व्यवस्थापन शेयरको मुल्य तथा कारोबार प्रति तटस्थ रहेको छ । साथै प्रचलित कानुन बमोजिम सम्बद्ध निकायहरूलाई उपलब्ध गराउनु पर्ने सुचना तथा जानकारी समयमा उपलब्ध गराएको छ ।
(ख) त्रैमासिक अवधिको शेयर कारोबार सम्बन्धी विश्लेषण:
यस त्रैमासिक अवधिमा शेयरको अधिकतम, न्यूनतम, अन्तिम मुल्य, कारोबार भएको कुल दिन तथा कारोबार संख्या :
Sahas Urja Ltd.
Kathmandu-01, Hattisar
Unaudited Statement of Financial Position
As on 32nd Ashad, 2083 (i.e. 16th July, 2026) 4th Quarter FY 2082/83
Amount In NRs.
Particulars FY 2082/83 4th Quarter Ending FY 2082/83 3rd Quarter Ending FY 2081/82 4th Quarter Ending
Assets
Non-Current Assets
| Property, Plant and Equipments | 302,888,259 | 296,751,593 | 286,065,775 |
| Less: Accumulated Depreciation | (131,358,778) | (125,651,460) | (114,068,089) |
| Total Property, Plant and Equipments | 171,529,481 | 171,100,133 | 171,997,686 |
| Computer Software | 317,020 | 317,020 | 317,020 |
| Less: Accumulated Amortization | (309,520) | (307,588) | (302,020) |
| Project Cost | 17,016,904,652 | 16,907,810,480 | 16,819,439,296 |
| Less: Accumulated Amortization | (2,055,641,040) | (1,893,081,646) | (1,436,916,678) |
| Total Intangible Assets | 14,961,271,112 | 15,014,738,266 | 15,382,537,619 |
| Project Development Cost (BGHEP) | 4,307,941 | 107,582,651 | 55,319,443 |
| Prepayments | 7,073,633 | 7,100,694 | 6,602,373 |
| Right of Use Assets | 11,846,041 | 12,692,187 | 15,230,624 |
| Investment in Subsidiary | 2,162,470,400 | 2,161,820,400 | 1,107,220,400 |
| Total Non Current Assets | 17,318,498,608 | 17,475,034,330 | 16,738,908,145 |
Current Assets
| Other Current Assets | 576,902,497 | 685,257,339 | 780,893,853 |
| Cash And Cash Equivalents | 539,390,645 | 350,276,592 | 208,114,866 |
| Financial Assets held at fair value through Profit or Loss | 26,260,000 | 26,260,000 | 100,000 |
| Total Current Assets | 1,142,553,142 | 1,061,793,931 | 989,108,719 |
| Total Assets | 18,461,051,749 | 18,536,828,261 | 17,728,016,865 |
Equity & Liabilities
Shareholder's Fund
| Share Capital | 4,573,800,000 | 4,573,800,000 | 3,780,000,000 |
| Reserve and Accumulated Profit/(Loss) | 3,680,383,800 | 3,504,683,081 | 3,162,053,756 |
| Total Shareholder's Fund | 8,254,183,800 | 8,078,483,081 | 6,942,053,756 |
| Revaluation Surplus | 5,396,290 | 5,396,290 | 5,396,290 |
Non Current Liabilities
| Medium & Long Term Loan | 8,863,442,793 | 8,453,926,906 | 9,176,940,372 |
| Total Non Current Liabilities | 8,863,442,793 | 8,453,926,906 | 9,176,940,372 |
Current Liabilities
| Accounts Payables | 35,886,110 | 29,876,074 | 34,246,682 |
| Provisions | 46,024,389 | 41,762,887 | 25,725,425 |
| Withholding & Retentions | 56,118,367 | 54,343,797 | 52,789,751 |
| Bridge Gap Loan | 1,200,000,000 | 1,873,039,226 | 1,490,864,589 |
| Total Current Liabilities | 1,338,028,866 | 1,999,021,984 | 1,603,626,447 |
| Total Equity & Liabilities | 18,461,051,749 | 18,536,828,261 | 17,728,016,865 |
Unaudited Statement of Profit or Loss and Other Comprehensive Income
For the Period from 1st Shrawan 2082 to 32nd Ashad, 2083 (i.e. 17th July, 2025 to 16th July, 2026)
| Particulars | FY 2082/83 4th Quarter Ending | FY 2082/83 3rd Quarter Ending | FY 2081/82 4th Quarter Ending |
|---|---|---|---|
| Revenue from Sale of Electricity | 2,844,534,705 | 2,333,888,933 | 2,648,166,152 |
| Less: Direct Expenses | (228,282,950) | (149,421,689) | (188,224,041) |
| Less: Amortisation of Project Cost | (618,724,362) | (456,164,968) | (610,005,090) |
| Gross Profit | 1,997,527,393 | 1,728,302,276 | 1,849,937,021 |
| Add: Insurance Income | 31,082,220 | - | - |
| Add: Other Income | - | - | 565,266 |
| Total Income | 2,028,609,612 | 1,728,302,276 | 1,850,502,286 |
| Less: Loss Due to Landslide and Flood | - | - | (36,260,261) |
| Less: Administrative Expenses | (35,480,226) | (49,482,252) | (78,302,013) |
| Less: Depreciation | (17,298,189) | (11,588,940) | (14,858,421) |
| Operating Profit/(Loss) | 1,975,831,197 | 1,667,231,084 | 1,721,081,591 |
| Finance income | 2,959,039 | 2,312,776 | 3,856,797 |
| Finance costs | (577,598,031) | (450,246,600) | (802,127,856) |
| Net Finance Cost | (574,638,991) | (447,933,824) | (798,271,059) |
| Profit Before Tax and Staff Bonus | 1,401,192,206 | 1,219,297,260 | 922,810,531 |
| Staff Bonus | (28,023,844) | (24,385,945) | (18,456,211) |
| Provision for Corporate Social Responsibility | (14,011,922) | (12,192,973) | (9,228,105) |
| Profit Before Tax | 1,359,156,439 | 1,182,718,342 | 895,126,215 |
Deferred Tax - Surplus (Expenses) - - -
| Income Tax Expenses | - | - | - |
| Other Comprehensive Income | - | - | - |
| Total Comprehensive Income | 1,359,156,439 | 1,182,718,342 | 895,126,215 |
Notes:
1. The Financial Statements are prepared as per the Nepal Financial Reporting Standards (NFRS).
2. As per the Cost Sharing Agreement signed between Sahas Urja Ltd. and its Subsidiary Times Energy Pvt. Ltd. the Administrative Costs for FY 2082/83 has been reimbursed by the subsidiary and adjusted accordingly.
3. The Financial Statements were authorised to be published by the Audit Committee Meeting held on 2083.04.15.
Related to Schedule-14, Rule 26 Sub-rule (1) of Securities Registration and Issue Regulations, 2073
Fourth Quarter Report of F.Y. 2082/083
1) Financial Statements
(a) Balance Sheet and Profit Loss Statement of the Quarterly Period:
Un-audited Balance Sheet and Profit and Loss Statement of Sahas Urja Ltd. up to the above quarterly period is presented herewith.
(b) Key Financial Ratios/Indicators:
| Earnings Per Share (Annualized) | 29.72 | 21.40 |
| Net Worth Per Share | 180.58 | 0.85 |
Total Assets Value Per Share 403.63
2) Management Analysis:
(a) Main reason for any changes in the stock, income, and liquidity of the institution during the quarterly period
Electricity generation from the project has been continuous during the review period. As electricity generation is run-of-river based, power production has fluctuated along with changes in river flow. Electricity generated by the project is being purchased and sold as per the PPA with Nepal Electricity Authority and payments are being received.
(b) Analytical Details of Management
As per the company's objective, various preliminary works for the development of the new Budhigandaki Hydroelectric Project 341 MW (PROR Type) promoted by the company's subsidiary Times Energy Pvt. Ltd. have been moved forward and design work is in the final stage, workers and employees have been deployed at the project site, and construction of residential quarters is in the final stage.
3) Details Regarding Legal Actions:
(a) No lawsuit was filed by or against the company during the review period.
(b) No lawsuit was filed against the company's promoter or director regarding non-compliance with prevailing rules or criminal offense to the knowledge of the company.
(c) No case regarding financial charges was filed against the company nor was any case regarding financial charges filed against any director to the knowledge of the company.
4) Analysis Regarding Share Trading of the Organized Entity:
(a) Management's opinion regarding share trading of the organized entity in the securities market:
The proposal to issue 1:1 right shares on the paid-up capital maintained after the bonus shares passed by the Annual General Meeting for FY 2081/082 held on 2082/08/24 has received approval from the Electricity Regulatory Commission on 2082/12/17 and is currently under approval process at the Securities Board of Nepal. As market forces determine share price and trading, the management of this company remains neutral towards share price and trading. Furthermore, required information and details to concerned authorities as per prevailing laws have been provided in time.
(b) Analysis regarding share trading during the quarterly period:
Maximum, minimum, closing price, total trading days, and total number of transactions of shares during this quarterly period: