Neco Insurance Limited

Non Life InsuranceMid Cap

NPR 611.30

NPR +1.3+0.21%

09:14 AM NPT · May 14, 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

640.50

High

640.50

Low

611.00

Prev Close

610.00

Volume

2,982

Turnover

Rs 1,826,539.1

Txns

Valuation · Q2 FY25/26

EPS Ann.

0.80

EPS TTM

15.07

BVPS

229.19

P/E Ann.

764.12

P/E TTM

40.56

Graham #

64.23

Capital

Mkt Cap

16.45 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)

51.85

ADX

19.79

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

610.9

SMA 50

633.25

Bands & Channels

BB Width %

6.44%

Volume & Flow

OBV

3,456,277

Flow Analysis

[ Live 2026-05-14 ]

Total Buy

21,704

Shares Bought

Total Sell

21,704

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 60%

Distribution 40%

Accumulators

Quantity

12,700

Amount

7,765,954

Avg Rate

611.49

Rank

Brokers

#33#65#6

Distributors

Quantity

8,633

Amount

5,273,919

Avg Rate

610.90

Rank

Brokers

#38#28#57

Net Flow Impact:

+4,067units

(Rs. 2,492,035)

Net Flow by Timeframe

NIL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 36,571 ]

Buy Side

Total: 18,993

Broker

QTY

AVG

NET

6,806

611.12

+6,806

31.4%

4,154

611.04

+4,154

19.1%

1,740

614.02

+1,736

8.0%

1,217

612.76

+1,207

5.6%

1,050

614.65

+1,050

4.8%

974

608.33

+311

4.5%

816

607.32

+223

3.8%

500

607.00

+400

2.3%

337

612.39

+148

1.6%

310

606.16

+310

1.4%

283

607.93

+65

1.3%

278

605.44

+94

1.3%

200

602.00

+200

0.9%

177

608.75

+160

0.8%

151

605.87

+126

0.7%

Sell Side

Total: 17,578

Broker

QTY

AVG

NET

4,361

609.65

-4,181

20.1%

2,301

612.08

-2,301

10.6%

1,971

612.29

-1,941

9.1%

1,711

605.58

-1,242

7.9%

1,418

613.68

-1,418

6.5%

948

614.25

-826

4.4%

875

606.54

-875

4.0%

602

614.28

-324

2.8%

600

604.00

-525

2.8%

510

613.54

-510

2.4%

493

602.49

-261

2.3%

487

611.01

-487

2.2%

482

608.02

-482

2.2%

414

618.00

-214

1.9%

405

611.35

-275

1.9%

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	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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NICL	485	-7.49	-1.52%	-	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	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	1,781.28	-14.11	-0.56%	-	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	578.45	-3.96	-0.65%	-	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	14,900	6.78	1.28%	-	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	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%