NLG Insurance Company Ltd.

Non Life InsuranceMid Cap

NPR 580.00

NPR +2.1+0.36%

09:13 AM NPT · May 11, 2026

Est. 2045 B.S. (general insurance operations separated as NLG Insurance in 2062 B.S.) · Lazimpat, Kathmandu, Nepal · CEO: Sunil Ballav Pant

NLG Insurance Company Ltd. (NLG) is a major non-life (general) insurance provider in Nepal, offering a broad range of insurance products across many sectors from motor, property, and home insurance to marine, aviation, engineering, agriculture, and miscellaneous coverage. NLG traces its roots to the older composite insurer National Life and General Insurance (NLGI), which was established in 1988 to conduct both life and general insurance business. In 2005, as per regulatory requirements under the insurance law, NLGI’s general-insurance business was separated to create NLG as a dedicated non-life insurer. Since then, NLG has built a large national footprint: it maintains a wide network of branches across Nepal, enabling it to serve both individual customers and corporate clients, including small businesses, large enterprises, government offices, development organizations, and more. NLG’s strength comes not only from its breadth of services but also from its reinsurance partnerships: it obtains reinsurance support from major global reinsurers (such as Hannover Re) giving additional backing and stability to its risk coverage operations. The company is publicly listed (symbol “NLG”) on Nepal’s stock market under the non-life insurance sector. According to its website and recent disclosures, NLG offers roughly 20+ distinct insurance products under non-life insurance, including motor, property & home, fire, marine, engineering, aviation, micro-insurance, and more covering the diverse needs of Nepali population and businesses. In recent years (e.g. FY 2081/82), NLG has recorded substantial premium income in the general-insurance business, reflecting ongoing operations and market position among non-life insurers in Nepal. Overall, NLG plays an important role in Nepal’s insurance sector by providing risk-mitigation solutions, enabling asset protection (homes, vehicles, businesses, property), supporting industries (engineering, marine, aviation), and offering accessible general insurance products across geographic and economic segments.

nlgi.com.np/facebook

Trading

Open

580.00

High

585.00

Low

569.00

Prev Close

577.90

Volume

18,550

Turnover

Rs 10,642,849.7

Txns

Valuation · Q2 FY25/26

EPS Ann.

0.86

EPS TTM

3.81

BVPS

163.55

P/E Ann.

674.42

P/E TTM

152.23

Graham #

56.26

Capital

Mkt Cap

14.88 Arab

Total

2.57 Crore

Public

1.26 Crore

Promoter

1.31 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

24.12

ADX

30.24

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

607.25

SMA 50

647.99

Bands & Channels

BB Width %

15.3%

Volume & Flow

OBV

5,626,382

Flow Analysis

[ Live 2026-05-11 ]

Total Buy

68,930

Shares Bought

Total Sell

68,930

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 38%

Distribution 62%

Accumulators

Quantity

22,217

Amount

12,431,557

Avg Rate

559.55

Rank

Brokers

#10#68#5#49#7

Distributors

Quantity

36,215

Amount

20,773,316

Avg Rate

573.61

Rank

Brokers

#44#42#21

Net Flow Impact:

-13,998units

(Rs. -8,341,759)

Net Flow by Timeframe

NLG — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 81,221 ]

Buy Side

Total: 31,267

Broker

QTY

AVG

NET

14,000

552.72

+2,000

20.3%

3,000

571.87

+3,000

4.3%

1,850

575.22

+1,650

2.7%

1,714

564.56

+1,253

2.5%

1,653

572.32

+1,613

2.4%

1,316

577.73

+1,100

1.9%

1,227

570.45

+687

1.8%

1,187

574.33

+1,187

1.7%

1,162

575.07

+283

1.7%

890

574.68

+558

1.3%

804

573.89

+138

1.2%

802

570.15

+699

1.2%

600

578.40

+600

0.9%

559

574.53

+557

0.8%

503

576.95

+488

0.7%

Sell Side

Total: 49,954

Broker

QTY

AVG

NET

29,584

573.92

-4,784

42.9%

4,197

574.53

-2,763

6.1%

3,500

578.37

-1,680

5.1%

2,434

568.27

-2,384

3.5%

2,112

575.47

-2,112

3.1%

1,360

575.29

-1,360

2.0%

1,179

577.89

-330

1.7%

946

578.71

-946

1.4%

842

571.92

-842

1.2%

773

577.28

-538

1.1%

741

575.00

-741

1.1%

610

577.38

-39

0.9%

580

581.55

-387

0.8%

575

566.88

-495

0.8%

521

572.49

-372

0.8%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Goodwill & Intangible Assets	861,046	775,845	1,005,286	0	+10.98%
Property and Equipment	112,787,323	69,436,922	103,244,638	35,108,000	+62.43%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	55,035,217	59,973,390	77,510,714	0	-8.23%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	3,537,777,590	2,785,273,004	2,722,176,867	530,719,000	+27.02%
Loans	42,942,816	27,391,757	18,534,987	22,210,000	+56.77%
Reinsurance Assets	3,759,436,251	2,863,516,075	2,076,908,178	0	+31.29%
Current Tax Assets	139,520,777	267,484,235	303,096,686	0	-47.84%
Insurance Receivables	1,117,434,338	1,052,455,443	609,772,122	0	+6.17%
Other Financial Assets	39,896,990	56,878,742	372,175,666	0	-29.86%
Other Assets	824,534,053	423,979,596	498,132,694	3,517,898,000	+94.47%
Cash and Cash Equivalent	244,537,727	161,899,152	73,634,833	61,555,000	+51.04%
Total Assets	9,874,764,128	7,769,064,161	6,856,192,671	4,167,490,000	+27.10%
Equity
Share Capital	2,565,224,432	1,539,535,960	1,459,275,791	1,326,614,000	+66.62%
Share Application Money Pending Allotment	0.00	0.00	0.00	0.00	-
Share Premium	271,916,153	0	0	0	-
Catastrophe Reserves	1,483,978,820	1,427,610,343	76,210,577	62,509,000	+3.95%
Retained Earnings	2,272,740	82,151,682	128,066,251	341,693,000	-97.23%
Other Equity	144,018,310	104,111,096	1,467,490,418	1,202,950,000	+38.33%
Total Equity	4,467,410,455	3,153,409,081	3,131,043,037	2,933,766,000	+41.67%
Liabilities
Insurance & Contract Liabilities
Provisions	166,492,934	309,897,301	340,315,803	1,063,396,000	-46.27%
Gross Insurance Contract Liabilities	4,868,751,996	3,812,357,758	2,897,176,035	0	+27.71%
Insurance Payable	8,708,882	60,852,597	62,597,308	0	-85.69%
Other Financial Liabilities	85,077,538	172,129,973	20,111,606	0	-50.57%
Other Liabilities	278,322,323	260,417,451	404,948,882	170,328,000	+6.88%
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	0.00	-
Total Liabilities	5,407,353,673	4,615,655,080	3,725,149,634	1,233,724,000	+17.15%
Total Equity and Liabilities	9,874,764,128	7,769,064,161	6,856,192,671	4,167,490,000	+27.10%

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	539.4	+9.49	+1.79%	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	432	+5	+1.17%	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	497.8	+8.71	+1.78%	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%
NIL	613	+9	+1.49%	0.02	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%
NMIC	1,060	+54.02	+5.37%	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	650.6	+8.6	+1.34%	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	15,505	+404.69	+2.68%	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	589.9	+5.78	+0.99%	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	468	+6.01	+1.3%	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	+3.79	+0.62%	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	715	+9.11	+1.29%	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	457	+3.99	+0.88%	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	1,845.23	44.01	1.72%	0.02	0.13	710.83	-	9.24	15.94	480.06	-	0%	-	-1,627.7%	7.677	230.041	0.008	228.468	155.644	5,660.993	-0.08%	1.9%	-0.7%	4.14%
MED	601.45	8.65	1.32%	0.01	0.14	199.45	-	0.6	10.14	214.2	-	0%	-	0.88%	5.665	77.595	0	80.085	68.925	38.365	0.15%	1.62%	0.3%	4.23%
MAX	15,505	404.69	5.37%	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	432	3.79	0.62%	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%