Himalayan Life Insurance Limited

Life InsuranceHigh Cap

NPR 319.70

NPR -0.2-0.06%

09:14 AM NPT · Aug 7, 2026

Est. May 9, 2023 (Merger Effective Date) · P. Box 25979, Kathmandu, Bagmati Province, Nepal · CEO: Kapil Kumar Dahal

Himalayan Life Insurance Limited is the result of a historic merger between Prime Life Insurance Company Ltd., Gurans Life Insurance Company Ltd., and Union Life Insurance Company Ltd. This landmark integration combines the strengths, people, and capabilities of three established insurers to create one of Nepal’s most robust and future-focused life insurance companies. The merger represents a major milestone for the Nepali insurance sector, enhancing operational efficiency, expanding nationwide reach, strengthening product diversity, and elevating service standards. With a unified portfolio of life insurance products, Himalayan Life Insurance aims to lead the market through innovation, customer-centric solutions, and sustainable growth. Insurance plays a vital role in Nepal’s socio-economic development. Himalayan Life Insurance is committed to advancing financial security, generating employment opportunities for agents and staff, and improving the quality of life for stakeholders across urban and rural communities. Through timely training, strong distribution networks, and continuous agent support, the company seeks to promote “Insurance by Will” rather than “Insurance by Chance,” reinforcing awareness and accessibility nationwide. With an expanded branch network, a highly dedicated team, and a diverse product suite, Himalayan Life Insurance is positioned to become a dominant force in Nepal’s insurance landscape. Guided by strong leadership and a customer-first approach, the company strives to create a great workplace for employees, support local economies, and build enduring relationships with customers through trusted products and partnerships.

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Trading

Open

319.00

High

322.00

Low

318.00

Prev Close

319.90

Volume

14,437

Turnover

Rs 4,601,447.5

Txns

Valuation · Q3 FY25/26

EPS Ann.

3.81

EPS TTM

3.68

BVPS

116.41

P/E Ann.

83.91

P/E TTM

86.88

Graham #

99.90

Capital

Mkt Cap

29.23 Arab

Total

9.14 Crore

Public

4.48 Crore

Promoter

4.66 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

11.65

ADX

44.31

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

325.74

SMA 50

329.8

Bands & Channels

BB Width %

7.67%

Volume & Flow

OBV

-5,727,444

Flow Analysis

[ Live 2026-08-07 ]

Total Buy

107,707

Shares Bought

Total Sell

107,707

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 47%

Distribution 53%

Accumulators

Quantity

31,773

Amount

10,209,840

Avg Rate

321.34

Rank

Brokers

#88#58#62#11#45

Distributors

Quantity

36,041

Amount

11,580,688

Avg Rate

321.32

Rank

Brokers

#77#59#63#35

Net Flow Impact:

-4,268units

(Rs. -1,370,848)

Net Flow by Timeframe

HLI — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 136,820 ]

Buy Side

Total: 68,161

Broker

QTY

AVG

NET

10,205

320.02

+10,193

9.5%

7,343

321.49

+6,078

6.8%

5,343

321.57

+3,435

5.0%

5,270

323.40

+2,098

4.9%

5,179

322.61

+4,119

4.8%

4,910

320.93

+1,620

4.6%

4,475

322.31

+243

4.2%

3,826

320.65

+3,028

3.5%

3,703

322.57

+3,569

3.4%

3,550

321.36

+2,598

3.3%

3,442

322.65

+188

3.2%

3,131

321.37

+1,276

2.9%

2,815

322.61

+1,696

2.6%

2,541

322.12

+2,032

2.4%

2,428

323.45

+1,878

2.3%

Sell Side

Total: 68,659

Broker

QTY

AVG

NET

12,746

322.50

-12,724

11.8%

11,919

321.07

-11,209

11.1%

6,996

324.79

-3,913

6.5%

6,326

321.68

-3,998

5.9%

5,773

320.33

-5,185

5.4%

5,603

320.18

-5,433

5.2%

5,222

321.99

-3,640

4.8%

2,482

324.10

-1,168

2.3%

2,141

319.14

-2,141

2.0%

1,992

318.12

-1,872

1.9%

1,765

319.50

-1,463

1.6%

1,685

321.37

-1,105

1.6%

1,485

320.77

-55

1.4%

1,318

320.60

-849

1.2%

1,206

319.35

-431

1.1%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Assets
Goodwill & Intangible Assets	29,956	31,825	17,928	0	-5.87%
Property and Equipment	645,130	607,155	825,629	0	+6.25%
Investment Properties	758,160	0	0	0	-
Deferred Tax Assets	248,175	0	0	0	-
Investment in Subsidiaries	0.00	150000.00	0.00	0	-100.00%
Investment in Associates	112,250	0	0	0	-
Investments	80,687,144	75,431,703	61,347,648	0	+6.97%
Loans	8,609,305	7,830,596	6,757,234	0	+9.94%
Reinsurance Assets	5,355	5,850	0	0	-8.46%
Current Tax Assets	1,073,078	671,882	1,961,908	0	+59.71%
Insurance Receivables	472.23	390.92	590031.91	0	+20.80%
Insurance Payable	251,277	343,972	613,569	0	-26.95%
Other Financial Assets	2,354,585	2,468,964	3,627,165	0	-4.63%
Other Assets	30,178	25,993	36,831	0	+16.10%
Cash and Cash Equivalent	5,296,276	1,511,622	952,457	0	+250.37%
Total Assets	99,850,065	88,735,982	76,116,831	0	+12.52%
Equity
Share Capital	9,143,237	9,143,237	8,020,384	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	466,606	470,869	416,228	0	-0.91%
Retained Earnings	1,033,843	1,099,048	1,329,209	0	-5.93%
Other Equity	-1,371,850	-100,504	199,217	0	-1264.97%
Total Equity	9,271,837	10,612,650	9,965,038	0	-12.63%
Liabilities
Insurance & Contract Liabilities
Provisions	529,628	199,857	222,072	0	+165.00%
Gross Insurance Contract Liabilities	86,245,511	74,525,334	61,802,918	0	+15.73%
Other Financial Liabilities	744,400	2,365,090	2,880,477	0	-68.53%
Other Liabilities	2,804,397	507,393	620,570	0	+452.71%
Taxes & Funding
Deferred Tax Liabilities	0.00	181686.53	12188.09	0	-100.00%
Current Tax Liabilities	3,014	0	0	0	-
Borrowings	0.00	0.00	0.00	0	-
Total Liabilities	90,578,228	78,123,332	66,151,793	0	+15.94%
Total Equity and Liabilities	99,850,065	88,735,982	76,116,831	0	+12.52%

Sector Peers — Life Insurance (21)

Peer Comparison

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 Expense Ratio	Debt to Equity	EPS (Annualized)	EPS (TTM)	Graham's Number	Investment Yield	Loss Ratio	Management Expense Ratio	Net Profit Margin	P/B	P/E (Annualized)	P/E (TTM)	P/S	Retained Risk	ROA (Annualized)	ROA (TTM)%	ROE (Annualized)	ROE (TTM)%
ALICL	422	-2.8	-0.66%	0.02	0.24	120.79	123.54	8.21	9	9.26	8.44	151.45	4.62	110.88	4.45	3.45	5.12	50.09	54.38	3.07	98.16	0.8	0.74%	8.95	8.16%
CLI	443.9	+3.78	+0.86%	0.02	0.35	114.75	113.74	9.46	4.4	9.6	8.55	148.58	5.32	98.88	5.4	4.75	5.41	48.54	54.44	4.1	95.55	1.65	1.48%	8.04	7.16%
CREST	1,189	-5.01	-0.42%	0.01	0.45	106.86	83.78	9.21	0.47	2.15	3.24	88.26	6.36	59.79	14.78	3.32	16.08	599.53	387.19	35.39	75.86	1.49	2.25%	2.05	3.1%
GLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GMLI	1,105	+0.99	+0.09%	0.01	0.49	104.39	106.46	8.84	0.59	2.59	6.31	121.74	5.25	85.46	12.16	3.56	20.04	605.75	210.62	38.38	84.53	1.76	4.29%	2.49	6.08%
ILI	412.4	+1.19	+0.29%	0.02	0.37	116.41	107.54	8.7	3.11	9.81	11.7	175.06	4.86	91.5	7.34	6	5.11	45.46	37.74	4.85	97.15	2.2	2.63%	8.55	10.19%
JLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LICN	774.9	-1.09	-0.14%	0.04	0.22	160.81	144.74	7.1	16.46	7.77	7.28	162.3	5.62	134.77	2.87	1.31	6.88	106.82	112.36	2.5	99.52	0.28	0.26%	4.77	4.47%
NLIC	739.8	-4.02	-0.54%	0.07	0.26	124.53	131.55	7.45	23.87	6.4	4.28	109.51	5.1	121.52	2.58	0.86	8.35	121.88	179.35	1.88	98.92	0.21	0.15%	5.19	3.47%
NLICL	562	-7.98	-1.4%	0.03	0.27	122.4	121.15	10.2	15.22	9.76	7.4	142.76	1.11	107.7	3.25	1.97	6.47	60.86	80.41	2.13	97.58	0.52	0.39%	8.13	6.17%
PLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PLIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PMLI	437.5	-1.18	-0.27%	0.02	0.31	108.87	111.9	9.54	3.11	6.91	7.07	131.6	4.07	93.97	8.39	5.43	5.9	69.75	68.03	6.74	96.26	1.68	1.72%	6.43	6.57%
RLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
RNLI	431.7	-0.78	-0.18%	0.02	0.32	118.47	109.07	9.69	2.73	12.07	11.06	171.7	5.04	91.24	8.14	8.53	5.24	38.61	42.9	5.86	94.45	2.76	2.53%	10.35	9.48%
SJLIC	412.6	-1.62	-0.39%	0.02	0.3	119.69	123.71	8.59	8.31	8.79	7.68	143.81	5.42	108.57	6.55	2.84	4.96	50.63	57.03	2.56	98.51	0.85	0.74%	7.44	6.5%
SLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SNLI	414	-1.29	-0.31%	0.02	0.31	110.22	101.54	9.31	2.09	8.58	11.33	167.62	4.51	83.09	9.14	8.15	5.54	53.4	40.07	7.74	96.47	2.51	3.31%	8.4	11.1%
SRLI	374	-1.01	-0.27%	0.02	0.32	110.06	111.91	10.17	4.43	9.06	7.59	137.1	4.42	94.03	7.71	5.19	4.85	44.17	54.02	4.08	96.74	1.65	1.38%	8.25	6.92%
ULI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	593.75	-1.6	-0.26%	0.03	0.324	118.33	114.66	8.96	7.21	7.9	7.84	142.42	4.75	98.57	7.14	4.26	7.688	145.81	106.042	9.175	94.59	1.41	1.68%	6.85	6.87%
MED	437.5	-1.18	-0.27%	0.02	0.31	116.41	111.91	9.21	4.4	8.79	7.59	143.81	5.04	94.03	7.34	3.56	5.54	53.4	57.03	4.1	96.74	1.65	1.48%	8.04	6.57%
MAX	1,189	3.78	0.86%	0.07	0.49	160.81	144.74	10.2	23.87	12.07	11.7	175.06	6.36	134.77	14.78	8.53	20.04	605.75	387.19	38.38	99.52	2.76	4.29%	10.35	11.1%
MIN	374	-7.98	-1.4%	0.01	0.22	104.39	83.78	7.1	0.47	2.15	3.24	88.26	1.11	59.79	2.58	0.86	4.85	38.61	37.74	1.88	75.86	0.21	0.15%	2.05	3.1%