MANDU2 min readMandu Hydropower Q4 Results: Stable Revenue but Sharp Drop in ProfitabilityMandu Hydropower Limited (MANDU) posted Q4 revenue of Rs. 204.74 million, stable QoQ but down sharply from Rs. 734.13 million last year. Net income dropped to Rs. 58.64 million, with profit margin narrowing to 28.64%. EPS slipped to Rs. 4.30, while ROE fell to 2.98%. Despite weaker fundamentals, the stock trades at Rs. 903.53 vs. book value Rs. 139.32, indicating investor optimism. A dividend of Rs. 12 per share was declared.Sandeep Chaudhary·22 Aug, 2025
DORDI1 min readDordi Khola Hydropower Q4 Results: Revenue Steady but Losses DeepenDordi Khola Jal Bidyut Company Limited (DORDI) recorded Q4 revenue of Rs. 301.11 million (-7.62% YoY) and gross profit of Rs. 262.29 million (87.11% margin). However, the company posted a net loss of Rs. 70.57 million, with margins falling to -23.44%. EPS stood at -3.36, while ROE dropped to -5.79%. Despite losses, the stock traded at Rs. 337.15 vs. book value Rs. 104.26, reflecting continued investor confidence in long-term growth. No dividend was declared.Sandeep Chaudhary·22 Aug, 2025
PURE1 min readPure Energy Limited Q4 Results: Strong Revenue Growth, Net Profit Turns UpwardPure Energy Limited (PURE) reported Q4 revenue of Rs. 259.26 million, up strongly from Q3’s Rs. 187.94 million. Net income rose sharply to Rs. 31.98 million, lifting profit margin to 12.33% from 3.85%. EPS increased to Rs. 4.00, while the stock trades at a steep premium of Rs. 871.71 vs. book value Rs. 100.48. Despite improving performance, the company’s high PE ratio (218.07) indicates expensive valuation. Dividend decision remains pending.Sandeep Chaudhary·22 Aug, 2025
UPCL1 min readUniversal Power Company Q4 Results: Strong Revenue Growth and Surging ProfitabilityUniversal Power Company Ltd. (UPCL) posted Q4 revenue of Rs. 337.82 million (+13.46% YoY) with gross profit of Rs. 284.83 million (84.31% margin). Net income rose sharply to Rs. 139.91 million, with margins strengthening to 41.42%. EPS improved to Rs. 6.14, while ROE climbed to 5.57%. The stock trades at Rs. 403.87, far above book value (Rs. 112.56), showing strong investor confidence. Dividend declaration remains awaited.Sandeep Chaudhary·22 Aug, 2025
LEC1 min readLiberty Energy Q4 Results: Revenue Strong but Heavy Losses PersistLiberty Energy Company Limited (LEC) reported Q4 revenue of Rs. 596.91 million, down 22.98% YoY, but still strong compared to Q3. The company posted a net loss of Rs. 133.24 million, with margins at -22.32%. EPS stood at -5.92, while ROE remained negative at -10.43%. Despite losses, LEC’s stock trades at Rs. 215.05, far above book value (Rs. 70.52), reflecting investor optimism about its long-term prospects. Dividend has not been announced.Sandeep Chaudhary·22 Aug, 2025
KKHC1 min readKhanikhola Hydropower Q4 Results: Stable Revenue but Continued Losses Pressure Financial HealthKhanikhola Hydropower Co. Ltd. (KKHC) maintained Q4 revenue of Rs. 56.04 million, but posted a net loss of Rs. -34.99 million, with profit margin at -62.44%. EPS was negative at -7.51, while ROE dropped to -9.80%. Book value declined to Rs. 73.02, though the stock trades at Rs. 291.34, well above intrinsic value. The company remains under pressure due to losses and has not declared a dividend.Sandeep Chaudhary·22 Aug, 2025
TPC2 min readTerhathum Power Company Q4 Results: Revenue Growth Strong, Profitability ModeratesTerhathum Power Company Limited (TPC) posted Q4 revenue of Rs. 155.12 million (+23.61% YoY), with gross profit of Rs. 100.51 million at 64.79% margin. Net income was Rs. 23.39 million, improving from a loss last year but lower than earlier quarters, with profit margin narrowing to 15.08%. EPS stood at Rs. 5.85, while ROE improved to 9.37%. Despite weaker margins, the stock remains highly valued at Rs. 385.89 against book value Rs. 61.63. Dividend remains pending.Sandeep Chaudhary·22 Aug, 2025
SSHL1 min readShiva Shree Hydropower Q4 Results: Revenue Growth Strong, But Profitability Remains WeakShiva Shree Hydropower Ltd. (SSHL) recorded Q4 revenue of Rs. 396.72 million (+185.69% YoY) with strong gross margins of 97.19%. However, net income fell to just Rs. 10.06 million, with margins dropping to 2.54% from 26.59% in Q3. EPS slipped to Rs. 0.68, while ROE stayed deeply negative (-108.76%), reflecting balance sheet stress. Despite weak fundamentals, the stock traded at Rs. 255.93, far above book value (Rs. 12.56), suggesting investors remain hopeful about long-term hydropower prospects. Dividend was not declared.Sandeep Chaudhary·22 Aug, 2025
UMHL1 min readUnited Modi Hydropower Q4 Results: Stable Revenue, Rising Profits, and Strong Market ValuationUnited Modi Hydropower Ltd. (UMHL) posted stable revenue of Rs. 282.68 million in Q4, with gross profit of Rs. 264.82 million at a strong margin of 93.68%. Net income rose sharply to Rs. 52.05 million, lifting profit margin to 18.41%. EPS improved to Rs. 4.23, while ROA and ROE strengthened to 2.49% and 3.93% respectively. Despite high PE (133.19), UMHL’s stock trades at Rs. 563.37, far above book value (Rs. 107.68), reflecting strong investor optimism. Dividend announcement is still pending.Sandeep Chaudhary·22 Aug, 2025
PPL2 min readPeoples Power Limited Reports Revenue Stability but Sharp Decline in Profitability in Q4 FY 2024/25Peoples Power Limited (PPL) reported Q4 revenue of Rs. 96.34 million (+1.52% YoY) but saw net income plunge to just Rs. 3.32 million, with margins collapsing to 3.45%. EPS fell sharply to Rs. 0.52, while ROA and ROE weakened to 0.35% and 0.52% respectively. Despite earnings weakness, PPL’s stock trades at Rs. 385.49, far above book value (Rs. 97.31), reflecting continued investor optimism in the hydropower sector. Dividend remains pending amid falling profitability.Sandeep Chaudhary·22 Aug, 2025