Neco Insurance Limited

Non Life InsuranceMid Cap

NPR 613.00

NPR +1.7+0.28%

09:14 AM NPT · May 15, 2026

Est. December 16, 1994 · Gyaneshwor, Kathmandu, Nepal · CEO: Mr. Ashok Kumar Khadka

Neco Insurance Limited is one of Nepal’s leading non-life insurance companies, established to provide comprehensive general insurance solutions across the country. Licensed by the Nepal Insurance Authority, the company offers a wide range of insurance products designed to protect individuals, businesses, and institutions against financial risks. Headquartered in Kathmandu, Neco Insurance delivers diversified coverage including motor, fire and property, marine, engineering, aviation, agriculture and livestock, medical, travel, and miscellaneous liability insurance. With a robust nationwide presence through branch offices and authorized agents, the company ensures easy access to insurance services in both urban and rural areas. The organization is known for its strong underwriting practices, reliable risk management, and prompt claim settlement. Backed by modern digital services, customer-centric operations, and professional governance, Neco Insurance Limited continues to strengthen its position as a trusted insurer in Nepal’s non-life insurance sector.

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Trading

Open

624.60

High

624.60

Low

600.00

Prev Close

611.30

Volume

4,454

Turnover

Rs 2,694,858.5

Txns

Valuation · Q2 FY25/26

EPS Ann.

0.80

EPS TTM

15.07

BVPS

229.19

P/E Ann.

766.25

P/E TTM

40.68

Graham #

64.23

Capital

Mkt Cap

16.5 Arab

Total

2.69 Crore

Public

1.08 Crore

Promoter

1.61 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Downtrend

Strength

Weak

Momentum

RSI (14)

48.27

ADX

18.8

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

609.9

SMA 50

632.44

Bands & Channels

BB Width %

5.5%

Volume & Flow

OBV

3,455,144

Flow Analysis

[ Live 2026-05-15 ]

Total Buy

23,517

Shares Bought

Total Sell

23,517

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 54%

Distribution 46%

Accumulators

Quantity

12,576

Amount

7,692,168

Avg Rate

611.65

Rank

Brokers

#33#65#6

Distributors

Quantity

10,664

Amount

6,486,323

Avg Rate

608.24

Rank

Brokers

#38#66#28

Net Flow Impact:

+1,912units

(Rs. 1,205,845)

Net Flow by Timeframe

NIL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 39,373 ]

Buy Side

Total: 20,087

Broker

QTY

AVG

NET

6,426

611.64

+6,426

27.3%

4,154

611.04

+4,154

17.7%

1,996

613.00

+1,992

8.5%

1,221

612.68

+1,221

5.2%

1,050

614.65

+1,050

4.5%

972

608.47

+284

4.1%

846

607.28

+433

3.6%

719

607.40

+619

3.1%

500

607.00

+389

2.1%

437

609.55

+248

1.9%

435

606.25

+20

1.9%

400

601.50

+340

1.7%

315

600.38

+267

1.3%

310

606.16

+310

1.3%

306

605.53

+65

1.3%

Sell Side

Total: 19,286

Broker

QTY

AVG

NET

4,363

609.64

-4,253

18.6%

4,000

604.51

-4,000

17.0%

2,301

612.08

-2,301

9.8%

1,941

612.41

-1,751

8.3%

1,240

615.21

-1,240

5.3%

875

606.54

-875

3.7%

818

615.68

-646

3.5%

602

614.28

-125

2.6%

510

613.54

-499

2.2%

493

602.49

-211

2.1%

487

611.01

-437

2.1%

482

608.02

-482

2.0%

414

618.00

-214

1.8%

395

611.38

-262

1.7%

365

616.35

-36

1.6%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Goodwill & Intangible Assets	3,073,114	3,627,235	3,820,440	0	-15.28%
Property and Equipment	626,738,019	635,295,373	605,501,723	609,258,000	-1.35%
Investment Properties	59,680,601	67,962,856	67,962,856	0	-12.19%
Deferred Tax Assets	0.00	0.00	6328364.00	0	-
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	6,581,106,593	7,257,374,545	5,645,356,385	534,147,000	-9.32%
Loans	0.00	0.00	0.00	0.00	-
Reinsurance Assets	2,830,585,031	2,870,445,040	1,813,629,012	0	-1.39%
Current Tax Assets	128,737,697	41,890,309	32,108,092	0	+207.32%
Insurance Receivables	255,533,214	159,493,921	264,212,534	0	+60.22%
Other Financial Assets	167,848,555	264,868,903	261,962,698	0	-36.63%
Other Assets	174,106,896	160,067,188	223,278,384	5,732,801,000	+8.77%
Cash and Cash Equivalent	1,381,442,440	227,705,235	328,042,668	262,540,000	+506.68%
Total Assets	12,208,852,160	11,688,730,606	9,252,203,158	7,138,746,000	+4.45%
Equity
Share Capital	2,691,532,328	2,012,360,619	2,012,360,619	2,012,361,000	+33.75%
Share Application Money Pending Allotment	0.00	166857940.00	0.00	0.00	-100.00%
Share Premium	111,780,000	0	0	0	-
Catastrophe Reserves	2,486,755,436	2,322,989,014	122,366,769	83,279,000	+7.05%
Retained Earnings	587,138,042	636,501,696	363,492,951	321,654,000	-7.76%
Other Equity	403,415,315	535,239,095	2,130,364,848	1,447,529,000	-24.63%
Total Equity	6,280,621,121	5,673,948,364	4,628,585,187	3,864,823,000	+10.69%
Liabilities
Insurance & Contract Liabilities
Provisions	38,590,431	13,636,364	64,164,601	2,820,709,000	+183.00%
Gross Insurance Contract Liabilities	5,083,543,251	5,080,882,094	3,633,551,965	0	+0.05%
Insurance Payable	463,939,917	309,198,788	448,101,965	0	+50.05%
Other Financial Liabilities	117,605,144	205,127,177	122,693,639	0	-42.67%
Other Liabilities	221,297,046	300,521,730	355,105,800	453,215,000	-26.36%
Taxes & Funding
Deferred Tax Liabilities	3,255,250	105,416,090	0	0	-96.91%
Current Tax Liabilities	0.00	0.00	0.00	0	-
Borrowings	0.00	0.00	0.00	0.00	-
Total Liabilities	5,928,231,039	6,014,782,243	4,623,617,970	3,273,924,000	-1.44%
Total Equity and Liabilities	12,208,852,160	11,688,730,606	9,252,203,158	7,138,747,000	+4.45%

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	532	-4.51	-0.84%	0.01	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	423	+2.02	+0.48%	0.01	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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NICL	486.5	+1.5	+0.31%	0.01	0.19	166.91	-	0.39	9.24	186.28	-	0%	-	0.69%	5.97	1,277.18	0	1,256.41	53.03	35.72	0.12%	3.2%	0.24%	6.03%
NLG	567	-6.89	-1.2%	0.02	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	1,007.5	+7.5	+0.75%	0.01	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	648	-6.02	-0.92%	0.01	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	15,400	+500.62	+3.36%	0.04	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	587	+4.02	+0.69%	0.02	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	458	-1.01	-0.22%	0.01	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	615	+3	+0.49%	0.02	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	709.9	-0.21	-0.03%	0.02	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	441.9	+1.01	+0.23%	0.01	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	1,822.98	41.75	0.26%	0.02	0.131	705.36	-	9.24	15	466.69	-	0%	-	-1,627.67%	7.92	231.548	0.008	230.608	166.971	5,661.965	-0.08%	1.71%	-0.68%	3.79%
MED	577	1.26	0.27%	0.01	0.14	186.45	-	0.63	7.71	168.62	-	0%	-	0.91%	5.955	77.595	0	80.085	97.785	42.795	0.18%	1.47%	0.42%	3.41%
MAX	15,400	500.62	3.36%	0.04	0.24	6,461.26	-	132.96	96.84	3,752.12	-	0%	-	32.6%	24.4	1,277.18	0.09	1,256.41	658.29	35,840	3.56%	3.41%	7.52%	7.49%
MIN	423	-6.89	-1.2%	0.01	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%