Himalayan Everest Insurance Limited

Non Life InsuranceLow Cap

NPR 460.00

NPR +10+2.22%

09:14 AM NPT · Sep 11, 2026

Est. Merger-based entity (Himalayan General Insurance + Everest Insurance) formalized in 2021 A.D. · Babarmahal, Kathmandu, Nepal · CEO: Anju Shrestha

Himalayan Everest Insurance Limited is one of Nepal’s established non-life (general) insurance providers. It traces its modern form to the merger of two legacy insurers bringing together experience and legacy in the Nepali insurance industry.HEI offers a broad array of insurance products, including vehicle/motor insurance, property/fire insurance, health insurance, travel insurance, corporate insurance, and other general-insurance plans tailored for individuals, businesses, and institutional clients across Nepal. Through its nationwide branch and agency network, HEI aims to make non-life insurance accessible even beyond metropolitan areas. Its head office is located in Babarmahal, Kathmandu. As a publicly listed company (ticker symbol “HEI” on the Nepal Stock Exchange), it maintains regulatory compliance, transparency in public disclosures, and operates under the norms set for insurers by Nepal’s regulatory bodies. In its recent financial year, HEI declared a cash dividend of 8.75% for FY 080/081 a signal that despite challenges, the company continues to deliver returns to shareholders. The company emphasizes a combined focus on reliable risk underwriting, customer-oriented service, and expansion of its product offerings to adapt to evolving market needs.

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Trading

Open

442.00

High

460.00

Low

437.10

Prev Close

450.00

Volume

11,718

Turnover

Rs 5,265,710

Txns

Valuation · Q3 FY25/26

EPS Ann.

5.90

EPS TTM

12.42

BVPS

205.28

P/E Ann.

77.97

P/E TTM

37.04

Graham #

165.08

Capital

Mkt Cap

11.5 Arab

Total

2.5 Crore

Public

1.23 Crore

Promoter

1.28 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

24.14

ADX

73.53

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

498.22

SMA 50

519.22

Bands & Channels

BB Width %

27%

Volume & Flow

OBV

2,256,004

Flow Analysis

[ Live 2026-09-11 ]

Total Buy

41,666

Shares Bought

Total Sell

41,666

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 55%

Distribution 45%

Accumulators

Quantity

26,267

Amount

11,954,570

Avg Rate

455.12

Rank

Brokers

#64#44#50#58

Distributors

Quantity

21,442

Amount

9,740,140

Avg Rate

454.26

Rank

Brokers

#49#42

Net Flow Impact:

+4,825units

(Rs. 2,214,430)

Net Flow by Timeframe

HEI — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 72,785 ]

Buy Side

Total: 33,284

Broker

QTY

AVG

NET

17,243

451.17

+17,243

41.4%

4,010

464.14

+4,010

9.6%

2,906

465.93

+2,906

7.0%

2,108

455.32

+1,490

5.1%

1,097

453.61

+797

2.6%

1,000

447.30

+1,000

2.4%

1,000

459.24

+990

2.4%

720

449.92

+720

1.7%

650

448.92

1.6%

596

463.89

+596

1.4%

441

450.48

+441

1.1%

421

454.46

+421

1.0%

375

453.81

+375

0.9%

362

446.66

+362

0.9%

355

462.00

+255

0.8%

Sell Side

Total: 39,501

Broker

QTY

AVG

NET

11,479

452.96

-11,219

27.6%

9,963

455.75

-9,463

23.9%

5,700

449.59

-5,200

13.7%

5,100

462.69

-2,083

12.2%

2,000

448.54

-1,975

4.8%

1,000

439.94

-980

2.4%

888

457.03

-888

2.1%

641

455.37

-641

1.5%

628

460.63

-133

1.5%

602

450.34

-302

1.4%

500

470.00

-20

1.2%

429

456.54

-429

1.0%

301

454.03

-301

0.7%

160

465.81

-150

0.4%

110

454.82

-40

0.3%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Assets
Goodwill & Intangible Assets	15,537	18,868	22,063	0	-17.65%
Property and Equipment	1,197,263	1,180,779	443,807	0	+1.40%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	0.00	12531.85	105389.97	0	-100.00%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	210161.86	0.00	0	-100.00%
Investments	4,809,054	4,399,803	4,394,208	0	+9.30%
Loans	0.00	0.00	0.00	0	-
Reinsurance Assets	3,838,708	2,406,421	2,642,653	0	+59.52%
Current Tax Assets	165,926	111,181	81,079	0	+49.24%
Insurance Receivables	504,576	425,617	282,490	0	+18.55%
Other Financial Assets	125,910	77,659	205,539	0	+62.13%
Other Assets	439,532	132,305	66,263	0	+232.21%
Cash and Cash Equivalent	732,988	412,663	634,599	0	+77.62%
Total Assets	11,829,493	9,387,992	8,878,090	0	+26.01%
Equity
Share Capital	2,500,157	2,500,157	2,500,157	0	0.00%
Share Application Money Pending Allotment	0.00	0.00	0.00	0	-
Share Premium	0.00	0.00	0.00	0	-
Catastrophe Reserves	87,724	78,224	72,225	0	+12.14%
Retained Earnings	150,195	240,580	351,491	0	-37.57%
Other Equity	2,394,298	2,217,863	1,789,344	0	+7.96%
Total Equity	5,132,374	5,036,824	4,713,217	0	+1.90%
Liabilities
Insurance & Contract Liabilities
Provisions	8,162	-7,879	3,418	0	+203.59%
Gross Insurance Contract Liabilities	5,198,266	3,536,999	3,732,161	0	+46.97%
Insurance Payable	877,354	310,128	55,971	0	+182.90%
Other Financial Liabilities	100,790	170,753	220,309	0	-40.97%
Other Liabilities	457,843	341,166	153,015	0	+34.20%
Taxes & Funding
Deferred Tax Liabilities	54,706	0	0	0	-
Current Tax Liabilities	0.00	0.00	0.00	0	-
Borrowings	0.00	0.00	0.00	0	-
Total Liabilities	6,697,120	4,351,167	4,164,873	0	+53.92%
Total Equity and Liabilities	11,829,493	9,387,992	8,878,090	0	+26.01%

Sector Peers — Non Life Insurance (24)

Peer Comparison

Non Life Insurance SECTOR — NEPAL

2025/2026 Q3

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	Book Value Per Share	Combined Expense Ratio	Commission Income Ratio	Debt to Equity	EPS (Annualized)	EPS (TTM)	First Policy	Graham's Number	Investment Yield	Loss Ratio	Management Expense Ratio	Net Profit Margin	P/B	P/E (Annualized)	P/E (TTM)	Policy Retention	P/S	Retained Risk	ROA (Annualized)	ROA (TTM)%	ROE (Annualized)	ROE (TTM)%
AIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
HGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
IGI	389	+5.48	+1.43%	0.01	0.16	182.72	95.09	35.23	1.64	0.02	3.31	70.23	116.65	3.18	100.23	30.09	0.02	3.23	22,150	139.18	28.29	11.49	39.26	-	0.77%	-	1.79%
IGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NICL	435	+16.01	+3.82%	0.01	0.19	169.84	82.76	20.81	0.72	5.55	9.57	78.51	191.23	3.02	74.12	29.45	9.75	3.93	90.29	58.83	22.45	15.68	52.66	1.89	3.28%	3.56	6.14%
NIL	515	+5	+0.98%	0.01	0.2	219.08	78.07	23.25	1.01	7.89	12.46	64.86	247.83	2.16	73.58	27.74	9.73	3.9	81.12	52.66	36.01	14.05	57.72	1.91	3.02%	3.81	6.03%
NLG	516.5	+12.99	+2.58%	0.01	0.18	165.73	86.22	55.25	1.19	1.74	2.72	67.77	100.71	4.03	103.55	37.92	2.66	5.05	360.98	237.87	36.01	17.12	26.17	0.47	0.74%	1.07	1.67%
NMIC	797.7	+21.5	+2.77%	0.01	0.12	100.17	114.99	31.59	0.72	4.54	3.56	98.24	89.57	3.44	66.29	80.29	25.7	15.9	263.19	299.94	2.1	120.42	40.05	2.96	2.32%	4.51	3.54%
PIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PRIN	592.1	+2.12	+0.36%	0.01	0.14	209.55	36.47	29.58	1.15	16.58	13.12	57.22	248.72	5.9	30.1	35.95	28.41	4.42	41.86	53.58	37.14	21.14	47.28	3.88	3.07%	8.12	6.42%
RBCL	13,620	+369.68	+2.79%	0.04	0.04	6,524.1	106.34	105.37	0.46	144.49	120.36	47.81	4,203.32	2.22	119.43	92.28	39.07	3.18	107.62	127.2	8.17	74.76	17.04	1.55	1.28%	2.24	1.87%
SALICO	525.3	-0.58	-0.11%	0.01	0.18	233.64	89.86	23.94	1.43	6.77	10.85	51.5	238.82	3.1	85.75	28.05	6.4	3.46	89.66	59.45	45.87	10.2	49.56	1.12	1.8%	2.8	4.49%
SGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SGIC	380.5	+4.51	+1.2%	0.01	0.13	153.04	71.52	51.92	1.7	3.19	7.82	56.24	164.1	2.36	80.18	43.26	5.67	4.3	154.83	64.07	40.71	15.65	27.09	0.75	1.85%	2.12	5.2%
SIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SICL	550	+3.99	+0.73%	0.02	0.18	189.6	84.8	35.7	1.62	3.03	5.36	70.21	151.21	3.23	86.99	33.51	3.62	4.46	209.24	122.5	31.25	13.48	32.54	0.64	1.14%	1.61	2.86%
SIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SPIL	577	0	0%	0.02	0.13	250.04	106.28	24.95	2.04	1.91	10.68	59.15	245.12	3.1	98.24	32.99	2.08	4.02	394.76	69.35	36.57	14.68	48.17	0.27	1.55%	0.73	4.15%
UAIL	373.8	+13.79	+3.83%	0.01	0.22	174.73	100.65	16.72	0.94	-4.03	1.32	87.54	72.04	2.18	85.94	31.43	-5.52	3.57	-116.1	362.12	22.41	11.41	46.63	-1.2	0.39%	-2.32	0.76%
UIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	1,605.99	37.87	1.7%	0.01	0.156	714.35	87.75	37.86	1.22	15.97	16.76	67.44	505.78	3.16	83.7	41.91	10.63	4.952	1,985.62	137.229	28.92	28.34	40.35	1.29	1.77%	2.57	3.74%
MED	520.9	5.24	1.32%	0.01	0.17	186.16	88.04	30.59	1.17	3.87	8.7	66.32	177.67	3.1	85.85	33.25	6.04	3.975	131.23	95.925	33.63	15.165	43.34	1.12	1.68%	2.24	3.85%
MAX	13,620	369.68	3.83%	0.04	0.22	6,524.1	114.99	105.37	2.04	144.49	120.36	98.24	4,203.32	5.9	119.43	92.28	39.07	15.9	22,150	362.12	45.87	120.42	57.72	3.88	3.28%	8.12	6.42%
MIN	373.8	-0.58	-0.11%	0.01	0.04	100.17	36.47	16.72	0.46	-4.03	1.32	47.81	72.04	2.16	30.1	27.74	-5.52	3.18	-116.1	52.66	2.1	10.2	17.04	-1.2	0.39%	-2.32	0.76%