अपर स्याङ्गे हाइड्रोपावरको चौथो त्रैमासिक वित्तीय विवरणUpper Syange Hydropower Q4 Financial Report
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on August 17, 2026
UPPER SYANGE HYDROPOWER LTD.
KATHMANDU, NEPAL
Condensed Statement of Financial Position (Unaudited)
As on 32nd Ashadh, 2081, 4th Quarter F.Y. 2080/81
Particulars This Quarter Ending Ashadh End, 2081 Immediate Previous Year Ending (Audited) Ashadh End, 2080
ASSETS
| A. Non Current Assets | ||
| Property, Plant & Equiptment | 1,525,972 | 1,938,518 |
| Intangible Assets | 437,677,846 | 454,568,376 |
| Project Under Development | - | - |
| Investments | 125,038,375 | 103,337,500 |
| Total Non Current Assets | 439,203,818 | 456,506,894 |
| B. Current Assets | ||
| Investments | 125,038,375 | 103,337,500 |
| Cash and Bank | 21,771,322 | 11,596,382 |
| Deposit, Advance & Receivables | 22,478,899 | 54,296,926 |
| Total Current Assets | 169,288,596 | 169,230,808 |
| Total Assets (A+B) | 608,492,414 | 625,737,702 |
| Equity and Liabilities | ||
| C. Equity | ||
| Share Capital | 220,000,000 | 220,000,000 |
| Reserves & Surplus | 217,854 | (17,964,246) |
| Total Equity | 220,217,854 | 202,035,754 |
| D. Non Current Liabilities | ||
| Long Term Loan | 323,700,000 | 334,700,000 |
| Employee Benefit Liability | 1,382,206 | 1,352,927 |
| Retention Money Payable | 748,060 | 1,248,060 |
| Deferred Tax Liabilities | 6,901,234 | 1,476,015 |
| Total Non Current Liabilities | 332,731,500 | 338,777,002 |
| E. Current Liabilities | ||
| Short Term Loan | 52,541,720 | 46,442,006 |
| Accounts & Others Payables | 3,001,340 | 4,148,735 |
Provisions - 34,334,205
| Total Current Liabilities | 55,543,060 | 84,924,946 |
| Total Liabilities (C+D+E) | 608,492,414 | 625,737,702 |
Unaudited Condensed Statement of Profit or Loss and Other Comprehensive Income
For the quarter ended on 32nd Ashadh 2081, 4th Quarter 2080/81
Particulars This Year This Quarter This Year Up to this Qurater (YTD) Corresponding Previous Year This Quarter Corresponding Previous Year Up to this Qurater (YTD)
| Revenue from Operation | 10,233,334 | 65,534,331 | 11,906,775 | 51,787,607 |
| Cost of Operation | (901,074) | (3,177,472) | (467,665) | (4,678,770) |
| Gross Profit/ (Loss) | 9,332,260 | 62,356,859 | 11,439,110 | 47,108,837 |
| Other Income | 571 | 2,991 | 130,379,700 | 130,380,814 |
| Total Income/(Loss) from Operation | 9,332,831 | 62,359,850 | 141,818,810 | 177,489,651 |
| Employee Benefit Expenses | (1,546,718) | (7,445,519) | (1,838,867) | (8,116,062) |
| Depreciation and Amortisation | (4,378,766) | (17,303,075) | (4,307,175) | (17,231,208) |
| Administrative Expenses | (3,473,941) | (8,925,493) | (2,182,064) | (8,690,299) |
| Operation Profit / (Loss) | (66,594) | 28,685,763 | 133,490,704 | 143,452,082 |
| Finance Cost | (6,193,312) | (26,740,412) | (8,392,445) | (34,654,576) |
| Profit / Loss Before Staff Bonus | (6,259,906) | 1,945,351 | 125,098,259 | 108,797,506 |
| Staff Bonus | - | (38,907) | - | (2,175,950) |
| Profit / Loss Before Tax | (6,259,906) | 1,906,444 | 125,098,259 | 106,621,556 |
| Current Tax | - | - | (32,595,176) | (34,334,205) |
| Deferred Tax | - | - | 53,051 | 55,205 |
| Profit (Loss) For The Year | (6,259,906) | 1,906,444 | 92,556,134 | 72,342,556 |
| Other Comprehensive Income | 16,275,656 | 16,275,656 | - | - |
| Total Comprehensive Income | 10,015,750 | 18,182,100 | 92,556,134 | 72,342,556 |
Notes:
1. The above mentioned figures are subject to changes during statutory audit.
2. This condensed financial statement has been prepared complying relevant NFRS.
3. Previous period figures are regrouped wherever necessary.
(धितोपत्र दर्ता तथा निष्काशन नियमावली २०७३ को अनुसूची १४, नियम २६ को उपनियम (१) सँग सम्बन्धित आ.व. २०८२/८३ को चौथो त्रैमासिक प्रतिवेदन
१. वित्तीय विवरण :
(क) यस त्रैमासिक अवधिका वाससात, नाफा नोक्सान सम्बन्धी विवरण :
यस संस्थाले विगतमा लागतमा मापन गरिएका केही लगानीहरूलाई यस त्रैमासिक अवधिदेखि उचित मूल्यमार्फत अन्य आयमा मापन हुने गरी (FVTOCI) वर्गीकरण गरेको छ । यस संस्थाको आ.व. २०८२/८३ को चौथो त्रैमासिक अवधिको वित्तीय अवस्था सम्बन्धी विवरण यसै साथ संलग्न गरिएको छ ।
(ख) कम्पनी प्रमुख वित्तीय अनुपातहरू :
| प्रति शेयर आम्दानी वार्षिक रु. | ८.२६ | ७९.६७ |
| प्रति शेयर नेतवर्थ रु. | १००.१० | ६२.४७ |
प्रतिशेयर कुल सम्पत्तिको मूल्य रु. २७६.५१
२. व्यावसायिक विश्लेषणः
(क) त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सोको प्रमुख कारण सम्बन्धी विवरण :
यस आ.व. २०८२-८३ को बैशाख-असार अवधिसम्ममा गत आ.व. २०८१-८२ को सोही अवधिको तुलनामा विक्रय आम्दानी १४.०६% ले ह्रास भएको छ । यस अवधिमा आम्दानी पूर्ववर्ती वर्षको रु. ११,९०६,७७५ बाट घटेर रु. १०,२३३,३३४ मा आइपुगेको छ ।
(ख) व्यवस्थापनको विश्लेषणात्मक विवरण :
कम्पनीद्वारा सञ्चालनमा रहेको अप्पर स्याङ्गे हाईड्रोपावर आयोजना- २४०० कि.वा. को समिक्षा अवधिमा सन्तोषजनक व्यावसायिक उत्पादन भईरहेको छ । यस कम्पनीको लगानी रहेको गोर्खा स्थित दोभान खोला २४.५ मे.वा. जलविद्युत आयोजनाको Financial Closure भई भौतिक पूर्वाधारको निर्माण कार्यहरू समेत सुरुवात भईसकेको छ । साथै, सम्पूर्ण शेयरधनीहरूको हितमा कार्य गर्दै कम्पनीको व्यवस्थापन उपयुक्त र आवश्यकता बमोजिम कम्पनीलाई अगाडि बढाउने प्रतिवद्धता रहेको छ ।
३. कानुनी कारवाही सम्बन्धी विवरण:
(क) संस्थाको संस्थापक वा सञ्चालकले वा संस्थापक वा सञ्चालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर नभएको ।
(ख) कुनै संस्थापक वा सञ्चालक विरुद्ध आर्थिक अपराध, फौजदारी अभियोग गरेको सम्बन्धमा कुनै मुद्दा दायर नभएको ।
४. संगठित संस्थाको शेयर कारोवार सम्बन्धी विश्लेषण
(क) यस संस्थाको शेयर मूल्य धितोपत्र बजारको नीति नियम अनुसार खुला बजारले निर्धारण गर्ने गरेको र सोही अनुसार नै कारोवार हुने गरेको छ ।
(ख) समीक्षा अवधिमा कम्पनीको शेयर धितोपत्र को कारोवार निम्न बमोजिम रहेको छ ।
शेयर अधिकतम मूल्य रु. ७२२.४० शेयरको न्यूनतम मूल्य रु. ४९९.००
अन्तिम शेयर रु. ५१६.०० कारोवार भएको मूल दिन ६४
कारोवार संख्या ३०१४ कारोवार भएको शेयर संख्या १३५०५०
५. समस्या तथा चुनौती
कम्पनीद्वारा सञ्चालनमा रहेको आयोजनाको व्यावसायिक उत्पादन सुरु भइसके तापनि उत्पादनको क्रममा मौसमको अनुकुलता वा प्रतिकुलताले नदिको वहावमा आउन सक्ने उतार चढावले विद्युत उत्पादनको परिमाणमा असर पार्न सक्नेछ । यस आयोजनाद्वारा उत्पादित विद्युतलाई तारिकुना सब-स्टेसन (खुदीहब) निर्माण सम्पन्न नहुँदासम्म बर्षायाममा पूर्ण क्षमतामा विद्युत प्रशारण गर्न अस्थायी प्रविधिको समस्या देखिएको छ । साथै, यस संस्था विद्युत उत्पादनका क्रममा आईपर्न सक्ने प्राविधिक तथा अन्य समस्याहरू समाधान गर्न निरन्तर रूपमा अग्रसर रहेको छ ।
६. संस्थागत सुशासन
प्रचलित कानुन बमोजिम प्रकृया अवलम्बन गरि संस्थागत सुशासन कायम गरिएको छ ।
७. सत्य तथ्यता सम्बन्धमा कार्यकारी प्रमुखको उद्घोषण :
आजका मितिसम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरूको शुद्धता सम्बन्धमा म व्यक्तिगत रूपमा उत्तरदायित्व लिन्छु । साथै, म यो उद्घोष गर्दछु कि मैले जाने बुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरू सत्य, तथ्य र पूर्ण छन् र लगानीकर्ताहरू सु-सूचित गर्न तथा निर्णय लिन आवश्यक पर्ने कुनै विवरण, सूचना तथा जानकारीहरू लुकाइएका छैनन् ।
UPPER SYANGE HYDROPOWER LTD.
KATHMANDU, NEPAL
Condensed Statement of Financial Position (Unaudited)
As on 32nd Ashadh, 2081, 4th Quarter F.Y. 2080/81
Particulars This Quarter Ending Ashadh End, 2081 Immediate Previous Year Ending (Audited) Ashadh End, 2080
ASSETS
| A. Non Current Assets | ||
| Property, Plant & Equiptment | 1,525,972 | 1,938,518 |
| Intangible Assets | 437,677,846 | 454,568,376 |
| Project Under Development | - | - |
| Investments | 125,038,375 | 103,337,500 |
| Total Non Current Assets | 439,203,818 | 456,506,894 |
| B. Current Assets | ||
| Investments | 125,038,375 | 103,337,500 |
| Cash and Bank | 21,771,322 | 11,596,382 |
| Deposit, Advance & Receivables | 22,478,899 | 54,296,926 |
| Total Current Assets | 169,288,596 | 169,230,808 |
| Total Assets (A+B) | 608,492,414 | 625,737,702 |
| Equity and Liabilities | ||
| C. Equity | ||
| Share Capital | 220,000,000 | 220,000,000 |
| Reserves & Surplus | 217,854 | (17,964,246) |
| Total Equity | 220,217,854 | 202,035,754 |
| D. Non Current Liabilities | ||
| Long Term Loan | 323,700,000 | 334,700,000 |
| Employee Benefit Liability | 1,382,206 | 1,352,927 |
| Retention Money Payable | 748,060 | 1,248,060 |
| Deferred Tax Liabilities | 6,901,234 | 1,476,015 |
| Total Non Current Liabilities | 332,731,500 | 338,777,002 |
| E. Current Liabilities | ||
| Short Term Loan | 52,541,720 | 46,442,006 |
| Accounts & Others Payables | 3,001,340 | 4,148,735 |
Provisions - 34,334,205
| Total Current Liabilities | 55,543,060 | 84,924,946 |
| Total Liabilities (C+D+E) | 608,492,414 | 625,737,702 |
Unaudited Condensed Statement of Profit or Loss and Other Comprehensive Income
For the quarter ended on 32nd Ashadh 2081, 4th Quarter 2080/81
Particulars This Year This Quarter This Year Up to this Quarter (YTD) Corresponding Previous Year This Quarter Corresponding Previous Year Up to this Quarter (YTD)
| Revenue from Operation | 10,233,334 | 65,534,331 | 11,906,775 | 51,787,607 |
| Cost of Operation | (901,074) | (3,177,472) | (467,665) | (4,678,770) |
| Gross Profit/ (Loss) | 9,332,260 | 62,356,859 | 11,439,110 | 47,108,837 |
| Other Income | 571 | 2,991 | 130,379,700 | 130,380,814 |
| Total Income/(Loss) from Operation | 9,332,831 | 62,359,850 | 141,818,810 | 177,489,651 |
| Employee Benefit Expenses | (1,546,718) | (7,445,519) | (1,838,867) | (8,116,062) |
| Depreciation and Amortisation | (4,378,766) | (17,303,075) | (4,307,175) | (17,231,208) |
| Administrative Expenses | (3,473,941) | (8,925,493) | (2,182,064) | (8,690,299) |
| Operation Profit / (Loss) | (66,594) | 28,685,763 | 133,490,704 | 143,452,082 |
| Finance Cost | (6,193,312) | (26,740,412) | (8,392,445) | (34,654,576) |
| Profit / Loss Before Staff Bonus | (6,259,906) | 1,945,351 | 125,098,259 | 108,797,506 |
| Staff Bonus | - | (38,907) | - | (2,175,950) |
| Profit / Loss Before Tax | (6,259,906) | 1,906,444 | 125,098,259 | 106,621,556 |
| Current Tax | - | - | (32,595,176) | (34,334,205) |
| Deferred Tax | - | - | 53,051 | 55,205 |
| Profit (Loss) For The Year | (6,259,906) | 1,906,444 | 92,556,134 | 72,342,556 |
| Other Comprehensive Income | 16,275,656 | 16,275,656 | - | - |
| Total Comprehensive Income | 10,015,750 | 18,182,100 | 92,556,134 | 72,342,556 |
Notes:
1. The above mentioned figures are subject to changes during statutory audit.
2. This condensed financial statement has been prepared complying relevant NFRS.
3. Previous period figures are regrouped wherever necessary.
Fourth Quarterly Report for F.Y. 2082/83 Related to Schedule 14, Sub-rule (1) of Rule 26 of the Securities Registration and Issuance Regulation, 2073
1. Financial Statements:
(A) Balance Sheet, Profit and Loss Details for this Quarter:
The company has classified certain investments previously measured at cost as Fair Value Through Other Comprehensive Income (FVTOCI) starting from this quarter. The financial position statement of the company for the fourth quarter of F.Y. 2082/83 is attached herewith.
(B) Key Financial Ratios of the Company:
| Annualized Earnings Per Share Rs. | 8.26 | 79.67 |
| Net Worth Per Share Rs. | 100.10 | 62.47 |
Total Asset Value Per Share Rs. 276.51
2. Business Analysis:
(A) Details Relating to Major Changes in Company's Reserves, Income, and Liquidity During the Quarter:
During the Baisakh-Ashadh period of this F.Y. 2082-83, sales revenue decreased by 14.06% compared to the same period of the previous F.Y. 2081-82. The revenue for this period decreased from Rs. 11,906,775 in the previous year to Rs. 10,233,334.
(B) Analytical Details of Management:
The Upper Syange Hydropower Project - 2400 kW operated by the company has achieved satisfactory commercial production during the review period. The Financial Closure of the 24.5 MW Dobhan Khola Hydropower Project located in Gorkha, where this company has invested, has been completed and construction work on physical infrastructure has also commenced. Furthermore, the management remains committed to moving the company forward appropriately and as needed while working in the best interest of all shareholders.
3. Details Regarding Legal Proceedings:
(A) No lawsuit has been filed regarding violation of prevailing rules or criminal offenses committed by or against the company's promoter or director.
(B) No lawsuit has been filed regarding economic offenses or criminal charges against any promoter or director.
4. Analysis of Company's Share Transactions
(A) The share price of the company is determined by the open market in accordance with the policy and rules of the securities market, and transactions have occurred accordingly.
(B) Share transactions of the company during the review period are as follows:
Maximum Share Price Rs. 722.40 Minimum Share Price Rs. 499.00
Closing Share Price Rs. 516.00 Total Days Traded 64
Number of Transactions 3014 Number of Shares Traded 135050
5. Problems and Challenges
Although commercial production has started for the project operated by the company, fluctuations in river flow caused by favorable or unfavorable weather during production may affect the volume of electricity generation. There is a temporary technical issue in transmitting electricity at full capacity during the monsoon season until the construction of the Tarikuna Substation (Khudi Hub) for the electricity generated by this project is completed. In addition, this company is continuously moving forward to resolve technical and other issues that may arise during electricity generation.
6. Corporate Governance
Corporate governance is maintained by adopting procedures in accordance with prevailing laws.
7. Declaration by the Chief Executive Regarding Truth and Accuracy:
I personally assume responsibility for the accuracy of the information and details mentioned in this report up to this date. Furthermore, I declare that to the best of my knowledge and belief, the details mentioned in this report are true, factual, and complete, and no details, notices, or information necessary for investors to make well-informed decisions have been concealed.