Neco Insurance Limited

Non Life InsuranceMid Cap

NPR 529.80

NPR -3.2-0.60%

09:14 AM NPT · Sep 24, 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

530.00

High

530.00

Low

522.00

Prev Close

533.00

Volume

6,087

Turnover

Rs 3,202,059.3

Txns

Valuation · Q4 FY25/26

EPS Ann.

10.40

EPS TTM

10.40

BVPS

226.33

P/E Ann.

50.94

P/E TTM

50.94

Graham #

230.13

Capital

Mkt Cap

14.26 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

Very Strong

Momentum

RSI (14)

56.66

ADX

59.97

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

534.55

SMA 50

583.13

Bands & Channels

BB Width %

16.49%

Volume & Flow

OBV

3,447,515

Flow Analysis

[ Live 2026-09-24 ]

Total Buy

23,728

Shares Bought

Total Sell

23,728

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 48%

Distribution 52%

Accumulators

Quantity

8,930

Amount

4,761,976

Avg Rate

533.26

Rank

Brokers

#94#35#42#14

Distributors

Quantity

9,508

Amount

5,082,924

Avg Rate

534.59

Rank

Brokers

#48#33#62

Net Flow Impact:

-578units

(Rs. -320,949)

Net Flow by Timeframe

NIL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 36,293 ]

Buy Side

Total: 16,766

Broker

QTY

AVG

NET

3,043

535.67

+3,043

12.8%

2,101

536.89

+1,846

8.8%

1,954

524.27

+1,937

8.2%

1,832

534.66

+1,639

7.7%

1,477

533.92

+1,294

6.2%

1,120

535.11

+1,120

4.7%

1,005

535.58

+1,005

4.2%

800

532.30

+37

3.4%

660

530.11

+630

2.8%

520

532.95

+167

2.2%

510

536.86

+379

2.1%

500

531.20

+474

2.1%

444

530.48

+22

1.9%

400

530.00

+400

1.7%

400

529.64

+212

1.7%

Sell Side

Total: 19,527

Broker

QTY

AVG

NET

6,942

535.78

-6,942

29.3%

1,676

534.38

-982

7.1%

1,416

529.22

-1,334

6.0%

1,377

529.99

-137

5.8%

1,169

534.55

-897

4.9%

1,150

534.07

-1,050

4.8%

1,094

526.07

-590

4.6%

1,050

524.40

-1,030

4.4%

1,031

523.44

-689

4.3%

990

535.25

-786

4.2%

500

542.80

-500

2.1%

413

531.50

-413

1.7%

263

530.00

-263

1.1%

256

530.41

-8

1.1%

200

529.30

-57

0.8%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Assets
Goodwill & Intangible Assets	3,486	3,426	3,777	0	+1.77%
Property and Equipment	673,495	607,790	639,128	0	+10.81%
Investment Properties	58,150	61,336	67,963	0	-5.19%
Deferred Tax Assets	30,670	40,578	0	0	-24.42%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	6,199,165	6,806,690	6,680,031	0	-8.93%
Loans	0.00	0.00	0.00	0	-
Reinsurance Assets	2,740,056	2,203,035	1,612,317	0	+24.38%
Current Tax Assets	83,460	71,277	0	0	+17.09%
Insurance Receivables	287,616	64,190	154,627	0	+348.07%
Other Financial Assets	189,581	190,047	207,405	0	-0.25%
Other Assets	317,046	204,479	91,761	0	+55.05%
Cash and Cash Equivalent	1,575,345	694,669	369,428	0	+126.78%
Total Assets	12,158,070	10,947,518	9,826,436	0	+11.06%
Equity
Share Capital	2,772,278	2,515,451	2,012,361	0	+10.21%
Share Application Money Pending Allotment	0.00	0.00	166857.94	0	-
Share Premium	31,035	111,780	0	0	-72.24%
Catastrophe Reserves	181,588	165,830	145,589	0	+9.50%
Retained Earnings	365,028	755,967	567,848	0	-51.71%
Other Equity	466,873	2,627,692	2,597,312	0	-82.23%
Total Equity	6,274,620	6,176,719	5,489,968	0	+1.59%
Liabilities
Insurance & Contract Liabilities
Provisions	38,343	32,348	32,389	0	+18.53%
Gross Insurance Contract Liabilities	4,857,234	3,750,647	3,469,636	0	+29.50%
Insurance Payable	531,388	477,719	228,814	0	+11.23%
Other Financial Liabilities	171,937	163,500	197,051	0	+5.16%
Other Liabilities	284,547	346,586	313,922	0	-17.90%
Taxes & Funding
Deferred Tax Liabilities	0.00	0.00	93437.27	0	-
Current Tax Liabilities	0.00	0.00	1220.11	0	-
Borrowings	0.00	0.00	0.00	0	-
Total Liabilities	5,883,450	4,770,799	4,336,468	0	+23.32%
Total Equity and Liabilities	12,158,070	10,947,518	9,826,436	0	+11.06%

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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NICL	456	-2.98	-0.65%	0.01	0.22	176.85	84.49	19.84	0.7	5	5	78.8	141.05	3.77	76.74	27.59	8.19	2.9	102.58	93.38	21.95	8.39	51.86	1.79	1.79%	3.08	3.08%
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	1,642.73	12.55	-0.55%	0.01	0.191	705.28	74.92	37.24	1.13	17.11	17.11	69.87	506.09	3.99	73.72	38.43	11.54	3.288	389.59	354.911	200.31	11.621	38.44	1.8	1.8%	3.54	3.54%
MED	522.5	-4.5	-0.82%	0.01	0.205	189.98	77.54	30.27	1.07	5.72	5.72	69.45	139.62	3.95	76.57	31.95	9.36	2.875	108.88	99.62	33.76	7.055	40.77	1.66	1.66%	3.51	3.51%
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	51.86	3.87	3.87%	7.08	7.08%
MIN	371.9	-9.87	-1.64%	0.01	0.04	106.36	41.17	19.84	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%