CEDB Hydropower Development Company (CHDC) Delivers Exceptional Q4 Performance with Record Profit Margins

CEDB Hydropower Development Company (CHDC) has published its audited Q4 results for FY 2024/25, showcasing outstanding revenue growth, record-high profitability, and robust shareholder returns. The company has emerged as one of the strongest performers in Nepal’s hydropower sector this year.

The company reported total revenue of Rs. 608.46 million, a massive 907.81% year-over-year increase compared to just Rs. 130.29 million in Q4 2023/24. Revenue growth was consistent quarter after quarter, reflecting full operational capacity and strong energy sales.

Gross profit stood at Rs. 606.86 million, with a near-perfect margin of 99.74%, significantly higher than 83.24% in the same period last year. Net income surged to Rs. 573.50 million, compared to Rs. 82.02 million last year, giving an extraordinary net margin of 94.25%, making CHDC one of the most profitable listed hydropower firms.

From a shareholder standpoint, EPS (annualized) skyrocketed to Rs. 55.45, up from just Rs. 8.80 last year. The PE ratio stood at 47.64, reflecting investor confidence despite premium valuation. Book Value per Share improved to Rs. 193.25, compared to Rs. 151.81 a year earlier, strengthening intrinsic value. Meanwhile, CHDC’s stock price soared to Rs. 2,641.99, more than doubling from last year’s Rs. 1,159.00, cementing its position as a market favorite.

Financial Ratios & Returns

• Return on Assets (ROA) surged to 33.13%, a sharp rise from 5.72% last year, reflecting efficient asset utilization.

• Return on Equity (ROE) also climbed to 34.36%, compared to 5.90% in Q4 2023/24, highlighting exceptional shareholder value creation.

• Dividend distribution has not yet been announced this year (last year: Rs. 11 per share).