Nepal Insurance Co. Ltd.

Non Life InsuranceLow Cap

NPR 456.00

NPR -3-0.65%

09:13 AM NPT · Sep 24, 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

447.30

High

458.00

Low

447.30

Prev Close

459.00

Volume

5,455

Turnover

Rs 2,482,456.3

Txns

Valuation · Q4 FY25/26

EPS Ann.

5.00

EPS TTM

5.00

BVPS

176.85

P/E Ann.

91.20

P/E TTM

91.20

Graham #

141.05

Capital

Mkt Cap

11.62 Arab

Total

2.55 Crore

Public

1.25 Crore

Promoter

1.3 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Sell

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

65.54

ADX

41.49

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

447.54

SMA 50

483.2

Bands & Channels

BB Width %

18.75%

Volume & Flow

OBV

3,261,570

Flow Analysis

[ Live 2026-09-24 ]

Total Buy

72,686

Shares Bought

Total Sell

72,686

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 48%

Distribution 52%

Accumulators

Quantity

29,659

Amount

13,526,571

Avg Rate

456.07

Rank

Brokers

#101#50#41

Distributors

Quantity

32,658

Amount

14,933,436

Avg Rate

457.27

Rank

Brokers

#28#42#100

Net Flow Impact:

-2,999units

(Rs. -1,406,865)

Net Flow by Timeframe

NICL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 117,194 ]

Buy Side

Total: 56,844

Broker

QTY

AVG

NET

101

17,937

457.15

+17,937

24.7%

7,207

453.68

+7,197

9.9%

4,525

459.35

+3,180

6.2%

4,515

455.61

+4,501

6.2%

4,500

461.24

+4,500

6.2%

3,050

457.38

+1,050

4.2%

2,757

456.53

+2,286

3.8%

2,452

456.43

+841

3.4%

2,050

455.27

+490

2.8%

1,732

463.00

+1,732

2.4%

1,635

459.60

+1,635

2.3%

1,477

459.11

+1,153

2.0%

1,200

457.27

+1,200

1.6%

1,087

453.62

+310

1.5%

720

457.14

+95

1.0%

Sell Side

Total: 60,350

Broker

QTY

AVG

NET

16,700

457.22

-14,083

23.0%

9,389

458.69

-4,490

12.9%

8,258

457.48

-7,698

11.4%

100

7,700

457.14

-7,594

10.6%

5,074

454.68

-4,024

7.0%

3,086

454.17

-3,086

4.3%

2,064

458.13

-1,954

2.8%

1,658

450.49

-1,639

2.3%

1,455

456.03

-1,445

2.0%

1,136

463.27

-1,136

1.6%

1,030

467.99

-540

1.4%

978

459.81

-447

1.4%

849

456.46

-849

1.2%

535

458.39

-105

0.7%

438

451.74

-277

0.6%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Assets
Goodwill & Intangible Assets	3,223	3,882	2,722	0	-16.96%
Property and Equipment	368,002	264,208	141,275	0	+39.29%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	141,178	94,893	86,340	0	+48.78%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	5,505,466	4,463,324	4,375,686	0	+23.35%
Loans	10,850	12,550	15,406	0	-13.55%
Reinsurance Assets	1,234,588	1,020,220	918,234	0	+21.01%
Current Tax Assets	51,385	21,329	14,044	0	+140.92%
Insurance Receivables	115,487	170,048	78,275	0	-32.09%
Other Financial Assets	125,242	178,608	168,865	0	-29.88%
Other Assets	68,478	238,255	135,438	0	-71.26%
Cash and Cash Equivalent	45,179	60,746	127,469	0	-25.63%
Total Assets	7,669,080	6,528,063	6,063,756	0	+17.48%
Equity
Share Capital	2,548,575	1,890,878	1,644,242	0	+34.78%
Share Application Money Pending Allotment	0.00	0.00	0.00	0	-
Share Premium	81,482	0	0	0	-
Catastrophe Reserves	118,535	111,294	99,204	0	+6.51%
Retained Earnings	57,351	162,252	312,476	0	-64.65%
Other Equity	121,344	1,596,187	1,492,469	0	-92.40%
Total Equity	4,507,220	3,760,611	3,548,391	0	+19.85%
Liabilities
Insurance & Contract Liabilities
Provisions	152,955	287,906	347,180	0	-46.87%
Gross Insurance Contract Liabilities	2,416,619	2,033,134	1,620,705	0	+18.86%
Insurance Payable	85,736	140,807	260,683	0	-39.11%
Other Financial Liabilities	193,859	122,334	112,721	0	+58.47%
Other Liabilities	312,691	183,271	174,076	0	+70.62%
Taxes & Funding
Deferred Tax Liabilities	0.00	0.00	0.00	0	-
Current Tax Liabilities	0.00	0.00	0.00	0	-
Borrowings	0.00	0.00	0.00	0	-
Total Liabilities	3,161,859	2,767,451	2,515,365	0	+14.25%
Total Equity and Liabilities	7,669,080	6,528,063	6,063,756	0	+17.48%

Sector Peers — Non Life Insurance (24)

Peer Comparison

Non Life Insurance SECTOR — NEPAL

2025/2026 Q4

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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
HEI	473	-1.71	-0.36%	0.01	0.28	213.94	66.69	27.07	1.01	13.51	13.51	79.16	255.01	3.29	69.35	24.41	11.16	2.43	38.49	35.75	26.41	4.3	45.76	3.18	3.18%	6.37	6.37%
HGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
IGI	393	+0.71	+0.18%	0.01	0.18	179.53	91.69	40.8	1.65	0.13	0.13	72.18	22.92	4.14	100.81	31.68	0.17	2.5	3,453.85	3,138.46	29.76	6.04	33.11	0.03	0.03%	0.07	0.07%
IGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NIL	529.8	-3.2	-0.6%	0.01	0.22	226.33	75.01	18.22	0.94	10.4	10.4	66.61	230.13	2.98	66.7	26.53	11.3	2.7	58.65	51.49	34.99	6.63	58.82	2.49	2.49%	4.63	4.63%
NLG	512	-6.01	-1.16%	0.01	0.21	166.36	86.02	36.64	1.04	2.17	2.17	68.57	90.13	5.27	91.42	31.24	3.14	3.35	257.14	244.24	35.35	8.11	28.8	0.64	0.64%	1.28	1.28%
NMIC	821.8	-8.22	-0.99%	0.01	0.23	106.36	73.15	30.81	0.49	5.68	5.68	98.27	116.59	4.97	45.97	57.99	16.53	8.37	156.67	148.77	2,035.6	25.91	41.8	3.87	3.87%	5.51	5.51%
PIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PRIN	592	-9.87	-1.64%	0.01	0.14	193	41.17	29.73	1.08	13.33	13.33	59.09	240.59	6.45	34.87	36.03	24.37	3.46	50.12	45.23	37.84	12.22	39.73	3.41	3.41%	7.08	7.08%
RBCL	14,000	+198.74	+1.44%	0.04	0.04	6,407.05	70.88	96.13	0.45	129.18	129.18	52.63	4,315.37	2.52	76.41	90.6	37.76	2.32	115.18	105.86	9.59	43.5	15.63	1.4	1.4%	2	2%
SALICO	533	-7.02	-1.3%	0.01	0.23	232.72	81.06	23.27	1.06	11.94	11.94	53.84	250.04	3.98	79.83	24.5	9.62	2.6	50.67	45.64	81.07	4.88	49.14	2.25	2.25%	5.06	5.06%
SGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SGIC	385.1	-1.9	-0.49%	0.01	0.17	147.33	64.76	54.71	1.65	5.76	5.76	57.52	138.18	3.01	78.87	40.6	9.09	3.18	81.42	69.24	41.03	7.4	30.52	1.52	1.52%	3.94	3.94%
SIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SICL	552	-6.03	-1.08%	0.02	0.2	191.95	75.26	38.7	1.56	4.19	4.19	70.32	134.52	3.91	81.27	32.69	4.4	3.2	146.78	137.92	32.17	6.45	31.47	0.89	0.89%	2.21	2.21%
SIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SPIL	623	-6.99	-1.11%	0.02	0.17	260.26	84.04	24.47	1.78	11.65	11.65	60.08	261.19	3.98	76.37	32.14	10.54	2.85	63.61	54.51	36.13	6.71	49.06	1.82	1.82%	4.35	4.35%
UAIL	371.9	+1.89	+0.51%	0.01	0.22	188.01	79.81	24.68	1.08	2.73	2.73	88.01	107.46	2.63	72.74	31.75	3.49	2.3	158.61	139.93	16.79	5.54	44.37	0.76	0.76%	1.49	1.49%
UIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	1,648.88	12.53	-0.55%	0.01	0.191	709.4	74.13	37.1	1.15	17.56	17.56	68.86	513.51	3.93	72.88	38.35	11.8	3.272	385.93	351.42	201.39	11.474	39.02	1.86	1.86%	3.67	3.67%
MED	531.4	-4.6	-0.79%	0.01	0.205	192.48	75.14	30.27	1.07	8.08	8.08	67.59	184.16	3.95	76.39	31.95	10.08	2.775	98.3	87.55	35.17	6.67	40.77	1.67	1.67%	4.15	4.15%
MAX	14,000	198.74	1.44%	0.04	0.28	6,407.05	91.69	96.13	1.78	129.18	129.18	98.27	4,315.37	6.45	100.81	90.6	37.76	8.37	3,453.85	3,138.46	2,035.6	43.5	58.82	3.87	3.87%	7.08	7.08%
MIN	371.9	-9.87	-1.64%	0.01	0.04	106.36	41.17	18.22	0.45	0.13	0.13	52.63	22.92	2.52	34.87	24.41	0.17	2.3	38.49	35.75	9.59	4.3	15.63	0.03	0.03%	0.07	0.07%