# HIDCL vs NIFRA

[HIDCL](https://nepse.link/stocks/HIDCL) (Hydorelectricity Investment and Development Company Ltd) and [NIFRA](https://nepse.link/stocks/NIFRA) (Nepal Infrastructure Bank Limited) are two of the most traded Investment stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q4 FY 082/083.

NIFRA is ahead of HIDCL on 5 of the 6 measures below. None of this is a recommendation; it is what the latest numbers say. HIDCL is the bigger company by market value (Rs 6,279.42 crore), 1.2 times NIFRA (Rs 5,313.60 crore).

## Which is ahead on each measure

- NIFRA is cheaper on P/E (79.9 against 92.3 for HIDCL).
- NIFRA is cheaper on price to book (2.2 against 2.2 for HIDCL).
- HIDCL has done better over a year (-4.9% against -4.9% for NIFRA).
- NIFRA declared the bigger latest dividend (5.26% for 082/083).
- NIFRA earns more on its equity (ROE 2.74% against 2.42%).
- NIFRA grew its net profit faster against the same quarter last year (-20.2% against -30.3% for HIDCL).

## HIDCL and NIFRA side by side

| Measure | HIDCL | NIFRA |
| --- | --- | --- |
| Last close | Rs 251.90 | Rs 246.00 |
| Change, 1 month | +1.70% | +1.65% |
| Change, 1 year | -4.93% | -4.94% |
| EPS | Rs 2.73 | Rs 3.08 |
| P/E | 92.3 | 79.9 |
| Book value per share | Rs 112.65 | Rs 112.38 |
| Price to book | 2.24 | 2.19 |
| ROE | 2.42% | 2.74% |
| Net profit growth, same quarter last year | -30.3% | -20.2% |
| Latest dividend | 3.50% (081/082) | 5.26% (082/083) |
| Market value | Rs 6,279.42 crore | Rs 5,313.60 crore |
| Average daily turnover, 30 days | Rs 1.21 crore | Rs 1.68 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.82 (1 means they move in step, 0 means unrelated). That is high: holding both adds little diversification.

## More Investment comparisons

- [CHDC vs HIDCL](https://nepse.link/stocks/compare/CHDC-vs-HIDCL)
- [CHDC vs NIFRA](https://nepse.link/stocks/compare/CHDC-vs-NIFRA)
- [HATHY vs HIDCL](https://nepse.link/stocks/compare/HATHY-vs-HIDCL)
- [HATHY vs NIFRA](https://nepse.link/stocks/compare/HATHY-vs-NIFRA)
- [HIDCL vs NRN](https://nepse.link/stocks/compare/HIDCL-vs-NRN)
- [NIFRA vs NRN](https://nepse.link/stocks/compare/NIFRA-vs-NRN)
- [Every Investment stock](https://nepse.link/stocks/sector/investment)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.