Panchakanya Mai Hydropower Achieves Major Turnaround with Net Profit in FY 2082/83
10th August 2026, Kathmandu
Panchakanya Mai Hydropower Limited has reported a major improvement in its financial performance for fiscal year 2082/83.
Panchakanya Mai Major Turnaround
The hydro energy company successfully turned a heavy net loss from the previous fiscal year into a strong net profit by the end of the fourth quarter.
According to the unaudited fourth quarter financial report, Panchakanya Mai Hydropower recorded a net profit of 6.68 crore Nepali Rupees in fiscal year 2082/83.
In comparison, the company had posted a net loss of 6.86 crore Nepali Rupees during fiscal year 2081/82.
Steady Increase in Electricity Sales Drives Revenue Recovery
The main driver behind the financial recovery of the company was a solid growth in energy sales revenue.
Panchakanya Mai Hydropower generated 34.71 crore Nepali Rupees from electricity sales in fiscal year 2082/83.
This represents an increase of 18.43 percent compared to the electricity sales revenue of 29.31 crore Nepali Rupees earned in the previous fiscal year.
Higher power generation and consistent supply to the national grid helped boost top line earnings and improve profitability.
Per Share Financial Indicators and Capital Structure
The return to net profit positively impacted key per share financial metrics for shareholders.
Earnings Per Share: Panchakanya Mai Hydropower reported a positive earnings per share of 6.07 Nepali Rupees for fiscal year 2082/83.
Advertisement
Paid Up Capital: The paid up capital of the hydropower producer stands at 1.10 billion Nepali Rupees or 110 crore Nepali Rupees.
Net Worth Per Share: The net worth per share of the company reached 83.39 Nepali Rupees by the end of the fourth quarter.
Reserve Fund Deficit Narrowing
Despite achieving a net profit, the overall reserve position of Panchakanya Mai Hydropower remains under pressure.
The reserve fund remains in negative territory at negative 18.27 crore Nepali Rupees.
However, the accumulated reserve deficit narrowed substantially compared to the preceding fiscal year, reflecting a gradual recovery in balance sheet health.
Technical Disruptions and Operational Challenges
The financial turnaround was achieved despite notable operational hurdles during the fiscal year.
Energy generation at the Upper Mai Power Plant experienced temporary disruption due to technical issues from Baisakh 7 to Ashadh 8, 2083 BS.
In addition to technical downtime, the company faced challenges related to a shortage of skilled manpower and seasonal risks associated with the monsoon season.
Despite these operational obstacles, the company successfully managed to deliver a strong operational turnaround.
Summary of Key Financial Parameters
- Company Name: Panchakanya Mai Hydropower Limited
- Reporting Period: Fiscal Year 2082/83 Fourth Quarter
- Net Profit: 6.68 crore Nepali Rupees
- Previous Year Net Loss: 6.86 crore Nepali Rupees
- Electricity Sales Revenue: 34.71 crore Nepali Rupees
- Previous Electricity Sales Revenue: 29.31 crore Nepali Rupees
- Electricity Sales Growth: 18.43 percent
- Paid Up Capital: 1.10 billion Nepali Rupees
- Earnings Per Share: 6.07 Nepali Rupees
- Net Worth Per Share: 83.39 Nepali Rupees
- Reserve Fund Balance: Negative 18.27 crore Nepali Rupees
- Key Operational Plant: Upper Mai Power Plant
Financial Summary and Future Outlook
The fiscal year 2082/83 results mark an important milestone for Panchakanya Mai Hydropower Limited. Driven by an 18.43 percent surge in electricity sales revenue, the company successfully erased its previous loss and established a positive profit trajectory. While the negative reserve fund and plant maintenance risks require continued management oversight, the overall operational performance indicates stronger financial stability going forward.
For More: Panchakanya Mai Major Turnaround
