By Jiwan Dahal
Mid Solu Hydropower Declares 15.79% Dividend for FY 2081/82, Signals Strong Growth Prospects

Kathmandu, Sept 1, 2025 – Mid Solu Hydropower Limited (MSHL) has announced a dividend of 15.789 percent for the fiscal year 2081/82. The company’s board of directors, in a meeting held on Bhadra 12, 2082, proposed a distribution comprising a 15 percent bonus share and 0.789 percent cash dividend, pending approval from regulators and the upcoming Annual General Meeting (AGM).
According to the company, the bonus shares will amount to approximately Rs. 11.22 crore, while the cash portion will total around Rs. 59.08 lakh, calculated on its paid-up capital of Rs. 74.84 crore. MSHL, which operates a 9.5 MW hydropower project in Solukhumbu district, continues to strengthen its presence in Nepal’s growing renewable energy sector.
Technical View
On the market front, MSHL’s shares are currently trading near Rs. 902–920, with recent activity showing consolidation around the Rs. 900–910 range. The stock faces resistance around Rs. 930, while support lies close to Rs. 897. Short-term moving averages indicate mixed signals: the 20-day average remains bullish, but the 5-day and long-term 180-day averages show mild bearish pressure. Analysts suggest a breakout above Rs. 930 could trigger renewed momentum, whereas sustained weakness below Rs. 900 may dampen sentiment.
Fundamental Performance
Financially, MSHL has delivered a solid performance this year. Its earnings per share (EPS) stand at around Rs. 17.6, while the return on equity (ROE) is close to 15 percent, supported by significant quarterly profit growth. Net worth per share is reported at Rs. 120.17, reflecting a stable capital base. However, the company trades at a relatively high price-to-earnings (P/E) ratio of 52–55 and a price-to-book (PBV) multiple of over 7.5, highlighting investor confidence but also underscoring lofty valuations compared to sector norms.
Valuation and Outlook
The proposed dividend yield of 15.79 percent, dominated by bonus shares, enhances shareholder value and adds to the stock’s appeal despite its premium pricing. Market observers note that continued earnings growth, strong asset backing, and the company’s contribution to the hydropower sector justify its valuation. Nevertheless, regulatory approvals, project performance, and macroeconomic conditions remain key risk factors.