Nepal Insurance Co. Ltd.

Non Life InsuranceLow Cap

NPR 485.00

NPR -7.5-1.52%

09:12 AM NPT · May 14, 2026

Est. 1947 · Kathmandu, Nepal · CEO: B.K. Maharjan

Nepal Insurance Company Limited (NICL) is the oldest general insurance company in Nepal, established in 1947 (B.S. 2004), and is recognized as a pioneer in the country’s non-life insurance sector. Operating under the regulatory supervision of the Nepal Insurance Authority, the company provides a comprehensive range of general insurance products designed to safeguard individuals, businesses, and institutions against financial risks. Headquartered in Kathmandu, Nepal Insurance Company offers diverse insurance solutions, including motor insurance, fire and property insurance, marine insurance, engineering and contractor coverage, aviation insurance, agriculture and livestock insurance, travel insurance, and miscellaneous liability coverage. With a nationwide network of branches and agents, the company ensures accessible and efficient service delivery across urban and rural regions. Built on decades of trust, strong governance, and financial stability, Nepal Insurance emphasizes customer-centric service, timely claim settlement, and transparent operations. The company continues to strengthen its portfolio through innovation, modern risk management practices, and compliance with national regulatory guidelines. As one of Nepal’s most experienced and respected insurers, Nepal Insurance Company Limited remains committed to protecting lives, assets, and businesses while contributing to the growth and resilience of Nepal’s insurance industry.

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Trading

Open

490.20

High

490.20

Low

484.00

Prev Close

492.50

Volume

3,430

Turnover

Rs 1,670,208

Txns

Valuation · Q2 FY25/26

EPS Ann.

0.39

EPS TTM

9.24

BVPS

166.91

P/E Ann.

1,243.59

P/E TTM

52.49

Graham #

38.27

Capital

Mkt Cap

12.36 Arab

Total

2.55 Crore

Public

1.25 Crore

Promoter

1.3 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

45.02

ADX

25.19

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

488.35

SMA 50

505.58

Bands & Channels

BB Width %

5.09%

Volume & Flow

OBV

3,181,118

Flow Analysis

[ Live 2026-05-14 ]

Total Buy

21,958

Shares Bought

Total Sell

21,958

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 48%

Distribution 52%

Accumulators

Quantity

5,218

Amount

2,575,567

Avg Rate

493.59

Rank

#13

Brokers

#65#42#19#10

Distributors

Quantity

5,667

Amount

2,784,398

Avg Rate

491.34

Rank

#13

Brokers

#34#4#37

Net Flow Impact:

-449units

(Rs. -208,831)

Net Flow by Timeframe

NICL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 29,401 ]

Buy Side

Total: 13,562

Broker

QTY

AVG

NET

2,013

491.58

+1,007

9.2%

1,620

492.69

+734

7.4%

1,215

493.92

+1,215

5.5%

1,142

490.90

+840

5.2%

1,138

490.34

+145

5.2%

1,000

498.98

+1,000

4.5%

990

491.83

+962

4.5%

757

489.49

+757

3.5%

645

487.05

+626

2.9%

633

495.04

+461

2.9%

578

490.46

+578

2.6%

500

485.96

+200

2.3%

500

485.00

+500

2.3%

460

493.65

+460

2.1%

371

486.22

+371

1.7%

Sell Side

Total: 15,839

Broker

QTY

AVG

NET

2,916

492.24

-2,069

13.3%

1,908

492.98

-510

8.7%

1,702

491.85

-1,152

7.8%

1,487

492.89

-332

6.8%

1,093

476.44

-913

5.0%

1,050

487.18

-836

4.8%

1,049

487.98

-1,049

4.8%

1,047

495.05

-1,047

4.8%

814

488.94

-789

3.7%

616

487.66

-56

2.8%

540

489.58

-76

2.5%

443

498.44

-343

2.0%

411

493.96

-311

1.9%

387

495.22

-112

1.8%

376

490.44

-176

1.7%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Goodwill & Intangible Assets	3,537,009	2,970,427	1,958,438	0	+19.07%
Property and Equipment	257,641,836	190,619,843	139,891,578	86,702,000	+35.16%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	102,131,592	83,312,370	71,727,831	0	+22.59%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	5,316,638,323	4,830,119,967	4,311,585,928	506,904,000	+10.07%
Loans	11,850,000	13,600,000	17,350,000	0	-12.87%
Reinsurance Assets	1,264,035,693	1,377,065,272	1,028,231,036	0	-8.21%
Current Tax Assets	82,557,919	59,333,158	0	0	+39.14%
Insurance Receivables	180,220,637	126,173,700	278,138,272	0	+42.84%
Other Financial Assets	102,583,455	196,289,222	170,920,233	0	-47.74%
Other Assets	232,344,193	175,098,882	72,820,180	4,152,055,000	+32.69%
Cash and Cash Equivalent	41,957,053	25,302,923	99,034,343	175,009,000	+65.82%
Total Assets	7,595,497,710	7,079,885,766	6,191,657,839	4,920,670,000	+7.28%
Equity
Share Capital	2,548,575,005	1,644,241,940	1,644,241,938	1,378,996,000	+55.00%
Share Application Money Pending Allotment	0.00	0.00	0.00	0.00	-
Share Premium	81,481,510	0	0	0	-
Catastrophe Reserves	1,631,043,433	1,477,793,630	89,062,854	0	+10.37%
Retained Earnings	4,179,647	301,388,184	223,240,651	477,781,000	-98.61%
Other Equity	70,130,674	117,720,029	1,432,914,296	829,809,000	-40.43%
Total Equity	4,335,410,269	3,541,143,783	3,389,459,740	2,686,586,000	+22.43%
Liabilities
Insurance & Contract Liabilities
Provisions	132,842,470	350,668,895	325,023,472	1,785,657,000	-62.12%
Gross Insurance Contract Liabilities	2,584,275,361	2,430,551,655	1,814,851,262	0	+6.32%
Insurance Payable	35,432,732	359,921,745	315,886,040	0	-90.16%
Other Financial Liabilities	307,702,742	170,216,607	98,428,165	0	+80.77%
Other Liabilities	199,834,132	227,383,082	203,101,066	448,427,000	-12.12%
Taxes & Funding
Deferred Tax Liabilities	0.00	0.00	0.00	0	-
Current Tax Liabilities	0.00	0.00	44908094.00	0	-
Borrowings	0.00	0.00	0.00	0.00	-
Total Liabilities	3,260,087,437	3,538,741,984	2,802,198,099	2,234,084,000	-7.87%
Total Equity and Liabilities	7,595,497,706	7,079,885,766	6,191,657,839	4,920,670,000	+7.28%

Sector Peers — Non Life Insurance (24)

Peer Comparison

Non 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)%
AIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
HEI	536.5	+6.78	+1.28%	-	0.24	209.67	-	1.26	15.53	270.67	-	0%	-	1.14%	4.81	400	0	392.86	31.87	18.39	0.26%	3.41%	0.6%	7.49%
HGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
IGI	421	-3.99	-0.94%	-	0.14	176.25	-	-11.96	1.34	72.9	-	0%	-	-19.8%	4.75	-35.03	0	-35.09	313.21	27.77	-2.74%	0.3%	-6.5%	0.73%
IGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NIL	611.3	+1.28	+0.21%	-	0.17	229.19	-	0.8	15.07	278.77	-	0%	-	1.06%	5.39	772.5	0	753.75	40.01	32.92	0.18%	3.39%	0.36%	6.84%
NLG	573.9	-1.09	-0.19%	-	0.18	163.55	-	0.86	3.81	118.41	-	0%	-	1.41%	8.31	790.58	0	779.42	175.93	44.58	0.24%	1.1%	0.6%	2.65%
NMIC	1,000	-15.95	-1.57%	-	0.14	101.65	-	3.61	1.99	67.46	-	0%	-	21.06%	24.4	343.49	0.09	362.88	658.29	289.04	3.02%	1.67%	4.18%	2.31%
PIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PRIN	654	+0.2	+0.03%	-	0.14	202.27	-	14.85	12.88	242.11	-	0%	-	25.88%	12.78	43.5	0	47.35	54.6	180.2	3.56%	3.12%	7.52%	6.54%
RBCL	14,900	-130.77	-0.87%	-	0.04	6,461.26	-	132.96	96.84	3,752.12	-	0%	-	32.6%	4.6	111.69	0	112.82	154.89	145.67	1.42%	1.04%	2.08%	1.51%
SALICO	583	-6.01	-1.02%	-	0.19	227.43	-	2.85	14.29	270.42	-	0%	-	2.33%	5.28	210.53	0	208.42	41.57	19.7	0.44%	2.23%	1.2%	6.04%
SGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SGIC	459	-3	-0.65%	-	0.1	145.61	-	-8.92	6.18	142.29	-	0%	-	-18.98%	6.62	-54.02	0	-52.35	75.57	41.01	-1.98%	1.37%	-6.2%	4.29%
SIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SICL	612	-4	-0.65%	-	0	196.64	-	-3.06	5.15	150.95	-	0%	-	-3,634.59%	6.36	-204.41	0	-201.96	120	31,275	-0.58%	1%	-1.56%	2.64%
SIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SPIL	710.1	-3.93	-0.55%	-	0	241.32	-	-12.72	11.03	244.72	-	0%	-	-15,930.16%	5.94	-56.35	0	-54	62.28	35,840	-1.8%	1.56%	-4.8%	4.17%
UAIL	440.9	-0.09	-0.02%	-	0.21	171.7	-	-9.23	1.74	81.99	-	0%	-	-13.63%	5.22	-48.59	0	-49.47	262.41	26.5	-2.86%	0.53%	-5.48%	1.03%
UIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	1,791.81	-13.38	-0.41%	-	0.129	710.55	-	9.28	15.49	474.4	-	0%	-	-1,627.64%	7.872	189.491	0.008	188.719	165.886	5,661.732	-0.07%	1.73%	-0.67%	3.85%
MED	597.15	-3.47	-0.6%	-	0.14	199.45	-	0.83	8.61	196.53	-	0%	-	1.1%	5.665	77.595	0	80.085	97.785	42.795	0.21%	1.47%	0.48%	3.41%
MAX	14,900	6.78	1.28%	-	0.24	6,461.26	-	132.96	96.84	3,752.12	-	0%	-	32.6%	24.4	790.58	0.09	779.42	658.29	35,840	3.56%	3.41%	7.52%	7.49%
MIN	421	-130.77	-1.57%	-	0	101.65	-	-12.72	1.34	67.46	-	0%	-	-15,930.16%	4.6	-204.41	0	-201.96	31.87	18.39	-2.86%	0.3%	-6.5%	0.73%