Api Power Profit Reaches Rs 426.2 Million
11th February 2026, Kathmandu
Api Power Company Limited has released its unaudited financial results for the second quarter of the fiscal year 2082/83, showcasing a period of remarkable growth in profitability. As of Poush end, 2082 (January 14, 2026), the company reported a net profit of Rs 426.2 million, representing a surge of approximately 37 percent compared to the Rs 311.6 million earned during the same period in the previous fiscal year.
Api Power Profit
With its core operations centered on renewable energy and a growing portfolio of hydropower and solar assets, Api Power continues to be one of the most high-volume stocks on the Nepal Stock Exchange (NEPSE).
Financial Performance Highlights
The surge in profit is a direct result of increased operational capacity and more efficient financial management.
Net Profit: Increased by 36.78% to reach Rs 426.2 million.
Revenue from Electricity Sales: Grew by approximately 12%, driven by stable production across the company’s multiple power plants.
Financial Cost Reduction: One of the most significant improvements was a 36% drop in financial expenses. This was achieved through effective debt restructuring and lower interest payments compared to the previous year.
Earnings Per Share (EPS): The annualized EPS rose to Rs 14.03, an increase of Rs 3.77 over the previous year’s figure.
Net Worth Per Share: Improved to Rs 117.58, reflecting the company’s strengthening balance sheet and accumulated reserves.
Strategic Project Updates: Beyond Hydropower
Api Power is currently in a phase of aggressive expansion, moving beyond traditional hydropower into solar energy and green hydrogen.
1. Operational Fleet
The company currently contributes a total of 62.5 MW to the national grid, consisting of:
56.5 MW of Hydropower: Including projects like Upper Chamelia and Naugarh Gad.
6 MW of Solar Power: From solar plants located in Chandranigahapur, Dhalkebar, and Simara.
2. The 400 MW Solar Vision
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Api Power has recently signed several Memorandums of Understanding (MoUs) to develop large-scale solar projects across Nepal. This is part of a broader strategy to diversify the energy mix and provide stable power during the dry winter months when hydropower generation traditionally drops.
3. Green Hydrogen Initiative
In a forward-looking move, the company is collaborating with international partners to explore Green Hydrogen production. This pilot phase aims to utilize surplus energy to produce clean fuel, a first for any private power developer in Nepal.
Stock Market Overview (NEPSE: API)
API is consistently among the top traded stocks in terms of volume and turnover, making it a key indicator for the hydropower sector index.
Closing Price: Rs 302.00 (as of February 10, 2026).
52-Week Range: Rs 258.80 – Rs 335.00.
Dividend History: For the fiscal year 2081/82, the company recently distributed a 5% bonus share and a 0.2632% cash dividend.
Right Share Issuance: The company is in the process of issuing right shares in the ratio of 1:0.3 to fund the construction of its upcoming Marsyangdi Besi Hydropower Project.
Challenges and Future Outlook
While the Q2 results are exceptionally strong, management remains focused on several key risks:
Hydrology Variability: Seasonal rainfall remains the biggest factor affecting quarterly revenue.
Project Timelines: Ensuring the Marsyangdi Besi project stays on schedule is critical for maintaining long-term growth momentum.
Interest Rate Fluctuations: While financial costs have decreased this quarter, any future hike in interest rates by the central bank could impact profitability.
Conclusion
The Api Power Company Results for the second quarter of 2082/83 illustrate a company that is successfully leveraging its operational assets to deliver high returns. With a 37 percent surge in net profit and a clear roadmap for solar and hydrogen expansion, API is transitioning from a traditional power producer into a diversified renewable energy leader.
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