Himalayan Life Insurance Limited

Life InsuranceHigh Cap

NPR 337.00

NPR -2.9-0.85%

08:09 AM NPT · May 14, 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

339.90

High

341.00

Low

336.10

Prev Close

339.90

Volume

11,158

Turnover

Rs 3,767,740.5

Txns

143

Valuation · Q2 FY25/26

EPS Ann.

4.59

EPS TTM

4.13

BVPS

115.41

P/E Ann.

73.42

P/E TTM

81.60

Graham #

109.17

Capital

Mkt Cap

30.81 Arab

Total

9.14 Crore

Public

4.48 Crore

Promoter

4.66 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Moderate

Momentum

RSI (14)

31.75

ADX

21.73

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

345.9

SMA 50

365.04

Bands & Channels

BB Width %

9.29%

Volume & Flow

OBV

-5,455,180

Flow Analysis

[ Live 2026-05-13 ]

Total Buy

201,442

Shares Bought

Total Sell

201,442

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 39%

Distribution 61%

Accumulators

Quantity

69,960

Amount

23,816,835

Avg Rate

340.44

Rank

Brokers

#58#34#35#42#57

Distributors

Quantity

107,758

Amount

36,630,730

Avg Rate

339.94

Rank

Brokers

#17#54#6

Net Flow Impact:

-37,798units

(Rs. -12,813,895)

Net Flow by Timeframe

HLI — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 277,404 ]

Buy Side

Total: 132,486

Broker

QTY

AVG

NET

26,725

341.16

+23,352

13.3%

13,480

340.41

+11,885

6.7%

11,016

339.06

+8,024

5.5%

10,428

340.48

+7,630

5.2%

9,451

339.67

+8,171

4.7%

9,288

340.80

+8,841

4.6%

7,523

338.04

+2,558

3.7%

6,484

337.45

+4,915

3.2%

6,463

339.32

+1,564

3.2%

6,188

338.67

+3,850

3.1%

5,765

338.61

+3,036

2.9%

5,500

338.81

+5,476

2.7%

5,268

337.85

+3,975

2.6%

4,773

341.83

+49

2.4%

4,134

340.68

+4,086

2.0%

Sell Side

Total: 144,918

Broker

QTY

AVG

NET

88,776

339.81

-87,949

44.1%

9,960

339.33

-8,833

4.9%

9,022

341.85

-6,569

4.5%

7,309

340.18

-4,377

3.6%

6,631

337.25

-22

3.3%

4,562

339.92

-2,680

2.3%

4,058

343.83

-2,998

2.0%

3,171

342.47

-2,600

1.6%

2,360

340.32

-290

1.2%

2,195

340.13

-352

1.1%

1,928

340.40

-1,928

1.0%

1,839

338.76

-628

0.9%

1,067

342.24

-258

0.5%

1,040

336.44

-880

0.5%

1,000

339.85

-1,000

0.5%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Goodwill & Intangible Assets	29,281,490	13,845,256	19,764,478	0	+111.49%
Property and Equipment	755,768,580	697,788,081	580,205,844	0	+8.31%
Investment Properties	758,160,000	0	0	0	-
Deferred Tax Assets	30,824,989	0	70,217,247	0	-
Investment in Subsidiaries	150,000,000	150,000,000	0	0	0.00%
Investment in Associates	111,486,207	0	0	0	-
Investments	81,853,043,178	71,067,165,810	58,803,214,332	0	+15.18%
Loans	8,361,346,416	7,485,537,942	6,505,102,895	0	+11.70%
Reinsurance Assets	6,545,000	5,850,000	0	0	+11.88%
Current Tax Assets	895,572,433	852,013,835	2,172,136,670	0	+5.11%
Insurance Receivables	472,232	390,919	533,594,600	0	+20.80%
Insurance Payable	185,671,780	289,196,284	278,427,341	0	-35.80%
Other Financial Assets	2,557,104,317	2,851,447,201	1,837,231,980	0	-10.32%
Other Assets	33,326,461	41,294,355	43,491,534	0	-19.30%
Cash and Cash Equivalent	1,777,639,188	1,423,444,106	912,071,793	0	+24.88%
Total Assets	97,320,570,491	84,588,777,505	71,477,031,373	0	+15.05%
Equity
Share Capital	9,143,237,306	8,020,383,602	8,020,383,602	0	+14.00%
Share Application Money Pending Allotment	0.00	0.00	0.00	0	-
Share Premium	0.00	0.00	0.00	0	-
Catastrophe Reserves	461,135,219	460,912,321	481,146,513	0	+0.05%
Retained Earnings	947,624,629	2,133,287,086	1,301,322,799	0	-55.58%
Other Equity	-776,591,836	-170,895,137	72,288,680	0	-354.43%
Total Equity	9,775,405,318	10,443,687,872	9,875,141,594	0	-6.40%
Liabilities
Insurance & Contract Liabilities
Provisions	509,110,990	203,103,537	195,831,630	0	+150.67%
Gross Insurance Contract Liabilities	83,117,525,785	70,709,365,101	58,489,814,102	0	+17.55%
Other Financial Liabilities	950,855,496	2,336,903,132	2,346,394,808	0	-59.31%
Other Liabilities	2,782,001,121	542,401,193	291,421,898	0	+412.90%
Taxes & Funding
Deferred Tax Liabilities	0.00	64120384.00	0.00	0	-100.00%
Current Tax Liabilities	0.00	0.00	0.00	0	-
Borrowings	0.00	0.00	0.00	0	-
Total Liabilities	87,545,165,172	74,145,089,631	61,601,889,779	0	+18.07%
Total Equity and Liabilities	97,320,570,490	84,588,777,503	71,477,031,373	0	+15.05%

Sector Peers — Life Insurance (21)

Peer Comparison

Life Insurance SECTOR — NEPAL

2025/2026 Q2

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	BVPS	C/D Ratio%	EPS (Annu.)	EPS (TTM)	Graham's No.	Int. Rate Spread%	NIM%	NPL%	NPM%	P/B	P/E (Annu.)	PEG	P/E (Latest)	P/E (TTM)	P/S	ROA (Annu.)%	ROA (TTM)%	ROE (Annu.)%	ROE (TTM)%
ALICL	452.2	-3.69	-0.81%	-	0.23	124.65	-	10.54	8.45	153.95	-	0%	-	4.03%	7.64	45.16	0	42.01	52.4	7.28	0.94%	0.75%	10.08%	8.08%
CLI	452	-3	-0.66%	-	0.37	112.2	-	9.26	8.51	146.57	-	0%	-	4.64%	8.47	51.3	0	49.34	53.69	9.53	1.68%	1.56%	8.74%	8.04%
CREST	1,090	-16.04	-1.45%	-	0.51	106.81	-	3.13	4.06	98.78	-	0%	-	4.91%	23.13	394.57	4.06	424.28	327.09	77.55	2.5%	3.24%	3.5%	4.54%
GLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GMLI	1,273.9	-16.13	-1.25%	-	0	104.21	-	3.53	8.25	139.08	-	0%	-	4,876.37%	32.74	483.31	0	490.08	209.7	85,305	2.74%	6.42%	4.02%	9.4%
ILI	433.2	-2.79	-0.64%	-	0.37	114.48	-	10.83	11.72	173.75	-	0%	-	6.81%	7.68	40.58	35.82	40.12	37.07	11.06	2.52%	2.73%	8.78%	9.51%
JLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LICN	808.3	-3.74	-0.46%	-	0	159.09	-	8.17	7.25	161.09	-	0%	-	1,367.14%	10.72	104.33	0	100.98	113.79	5,682.67	0.3%	0.27%	6.14%	5.45%
NLIC	762.9	+0.69	+0.09%	-	0.28	123.29	-	7.11	22.38	249.16	-	0%	-	5.54%	12.56	108.86	0	105.49	33.51	4.1	1.56%	0.83%	33.68%	17.99%
NLICL	585.7	+0.7	+0.12%	-	0.28	120.12	-	10.08	7.39	141.33	-	0%	-	2%	9.58	57.09	0	56.45	77	4.57	0.56%	0.41%	8.56%	6.28%
PLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PLIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PMLI	462	-3.02	-0.65%	-	0.33	106.32	-	5.02	6.05	120.3	-	0%	-	3.91%	9.06	95.92	0	97.01	80.5	15.02	1.28%	1.56%	4.76%	5.75%
RLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
RNLI	457.8	-3.18	-0.69%	-	0.35	117.05	-	15.24	11.85	176.66	-	0%	-	10.57%	7.92	30.43	31.96	29.72	38.23	12.88	3.66%	2.85%	13.22%	10.29%
SJLIC	429	-1.2	-0.28%	-	0.31	117.82	-	8.06	7.1	137.19	-	0%	-	2.62%	7.44	54.4	18.25	53.66	60.92	5.71	0.8%	0.71%	6.94%	6.12%
SLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SNLI	447.1	-2.88	-0.64%	-	0.18	115.6	-	11.35	10.84	167.91	-	0%	-	18.31%	8.22	41.88	0	39.82	41.7	30.69	3.26%	3.12%	10.62%	10.16%
SRLI	389.7	-1.29	-0.33%	-	0.34	108.8	-	11.01	8.41	143.48	-	0%	-	6.26%	7.39	36.51	1.98	34.92	45.72	9.14	2.1%	1.61%	9.98%	7.63%
ULI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	618.75	-4.27	-0.59%	-	0.273	117.73	-	8.72	9.4	154.56	-	0%	-	485.62%	11.735	118.795	7.082	120.298	90.102	7,013.477	1.84%	2%	9.92%	8.4%
MED	457.8	-3	-0.64%	-	0.31	115.6	-	9.26	8.41	146.57	-	0%	-	5.54%	8.47	54.4	0	53.66	53.69	11.06	1.68%	1.56%	8.74%	8.04%
MAX	1,273.9	0.7	0.12%	-	0.51	159.09	-	15.24	22.38	249.16	-	0%	-	4,876.37%	32.74	483.31	35.82	490.08	327.09	85,305	3.66%	6.42%	33.68%	17.99%
MIN	389.7	-16.13	-1.45%	-	0	104.21	-	3.13	4.06	98.78	-	0%	-	2%	7.39	30.43	0	29.72	33.51	4.1	0.3%	0.27%	3.5%	4.54%