National Life Insurance Co. Ltd.

Life InsuranceHigh Cap

NPR 567.10

NPR +1.1+0.19%

08:49 AM NPT · Jun 26, 2026

Est. 2045 B.S. (incorporated under Company Act 1964 and Insurance Act) · Lazimpat, Kathmandu, Nepal · CEO: Suresh Prasad Khatri

National Life Insurance Company Limited (often called “National Life”) is one of Nepal’s leading life-insurance companies. It was incorporated in 1988 AD under the Nepal Company Act 1964 and the then-applicable Insurance Act. Over more than three decades, National Life has established a reputation for striving to meet the insurance needs of individuals, families, and institutions across Nepal. Its business philosophy emphasizes professionalism, transparency, trustworthiness, and honesty values that underpin its vision “to build financial freedom for all.” National Life offers a variety of life-insurance and life-investment products tailored to different needs: from endowment and money-back plans to whole-life, term-assurance, retirement plans, single-premium plans, and children’s education/benefit plans. Financially, the company reports a substantial life-fund size and robust premium collection. According to its disclosed information, the life fund is around NPR 69 billion, its annual premium collection is roughly NPR 15 billion, and it provides coverage to over 900,000 policyholders. Beyond financials, National Life continues to invest in infrastructure: it holds prime properties across the country and is reportedly planning to build a modern multi-storey commercial complex on its own land in Lazimpat, Kathmandu. The company also emphasises service standards: transparent benefits, customizable products, and adopting technology where applicable, aiming to deliver world-class insurance solutions to its customers. In recent years, National Life’s governance and performance have been recognized: in 2025, the company was awarded “Best Managed Life Insurance Company 2025” for its strong leadership, financial performance and inclusive corporate practices.

nationallife.com.np/

Trading

Open

565.50

High

575.00

Low

565.50

Prev Close

566.00

Volume

11,537

Turnover

Rs 6,573,243

Txns

Valuation · Q3 FY25/26

EPS Ann.

9.76

EPS TTM

7.40

BVPS

122.40

P/E Ann.

58.10

P/E TTM

76.64

Graham #

163.95

Capital

Mkt Cap

31.04 Arab

Total

5.47 Crore

Public

1.92 Crore

Promoter

3.56 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Downtrend

Strength

Moderate

Momentum

RSI (14)

16.83

ADX

21.77

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

582.6

SMA 50

585.04

Bands & Channels

BB Width %

6.12%

Volume & Flow

OBV

2,901,469

Flow Analysis

[ Live 2026-06-26 ]

Total Buy

64,568

Shares Bought

Total Sell

64,568

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 41%

Distribution 59%

Accumulators

Quantity

22,587

Amount

13,073,185

Avg Rate

578.79

Rank

Brokers

#34#20#10

Distributors

Quantity

32,100

Amount

18,554,131

Avg Rate

578.01

Rank

Brokers

#17#33#38#42

Net Flow Impact:

-9,513units

(Rs. -5,480,946)

Net Flow by Timeframe

NLICL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 102,387 ]

Buy Side

Total: 54,100

Broker

QTY

AVG

NET

9,212

578.21

+8,011

14.3%

8,644

579.62

+2,171

13.4%

7,375

578.54

+7,325

11.4%

6,000

580.00

+6,000

9.3%

5,017

571.69

+5,017

7.8%

4,010

579.86

+4,010

6.2%

3,417

572.08

+2,177

5.3%

3,000

582.33

+3,000

4.7%

2,103

567.87

+2,088

3.3%

1,412

578.95

+1,412

2.2%

1,000

567.00

+1,000

1.6%

852

571.57

+852

1.3%

760

573.47

+760

1.2%

724

566.10

+724

1.1%

574

573.71

+137

0.9%

Sell Side

Total: 48,287

Broker

QTY

AVG

NET

17,024

577.49

-16,643

26.4%

9,064

580.01

-9,064

14.0%

4,274

580.00

-1,274

6.6%

3,064

577.47

-2,609

4.8%

2,948

575.42

-2,834

4.6%

2,188

574.93

-1,646

3.4%

1,500

580.00

-1,500

2.3%

1,298

573.45

-1,198

2.0%

1,222

572.70

-1,202

1.9%

1,100

585.00

-448

1.7%

1,031

573.92

-982

1.6%

972

567.87

-852

1.5%

969

581.23

-969

1.5%

843

574.37

-843

1.3%

790

566.42

-790

1.2%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Assets
Goodwill & Intangible Assets	3,430	1,244	985	0	+175.65%
Property and Equipment	1,012,834	854,663	766,534	0	+18.51%
Investment Properties	1,932,581	1,711,085	1,466,555	0	+12.94%
Deferred Tax Assets	0.00	0.00	0.00	0	-
Investment in Subsidiaries	1,812,225	102,000	102,000	0	+1676.69%
Investment in Associates	0.00	1533509.15	943060.89	0	-100.00%
Investments	82,658,275	71,945,953	66,278,547	0	+14.89%
Loans	13,300,806	12,216,235	11,556,583	0	+8.88%
Reinsurance Assets	28,281	38,969	19,276	0	-27.43%
Current Tax Assets	18,574	103,689	0	0	-82.09%
Insurance Receivables	0.00	0.00	0.00	0	-
Insurance Payable	520,841	336,899	454,383	0	+54.60%
Other Financial Assets	2,721,983	1,953,849	1,404,476	0	+39.31%
Other Assets	36,028	135,498	134,073	0	-73.41%
Cash and Cash Equivalent	9,901,384	7,572,501	1,835,438	0	+30.75%
Total Assets	113,426,401	98,169,194	84,507,528	0	+15.54%
Equity
Share Capital	5,691,649	5,212,133	5,011,666	0	+9.20%
Share Application Money Pending Allotment	0.00	0.00	0.00	0	-
Share Premium	27,849	27,849	27,849	0	0.00%
Catastrophe Reserves	750,099	610,618	509,788	0	+22.84%
Retained Earnings	524,930	855,174	721,051	0	-38.62%
Other Equity	427,084	407,042	533,032	0	+4.92%
Total Equity	7,421,611	7,112,815	6,803,385	0	+4.34%
Liabilities
Insurance & Contract Liabilities
Provisions	134,855	131,491	93,167	0	+2.56%
Gross Insurance Contract Liabilities	102,479,604	87,625,428	74,578,114	0	+16.95%
Other Financial Liabilities	1,107,627	1,237,399	794,385	0	-10.49%
Other Liabilities	375,661	412,459	363,169	0	-8.92%
Taxes & Funding
Deferred Tax Liabilities	1,386,201	1,312,703	1,307,418	0	+5.60%
Current Tax Liabilities	0.00	0.00	113506.41	0	-
Borrowings	0.00	0.00	0.00	0	-
Total Liabilities	106,004,790	91,056,379	77,704,143	0	+16.42%
Total Equity and Liabilities	113,426,401	98,169,194	84,507,528	0	+15.54%

Sector Peers — Life Insurance (21)

Peer Comparison

Life Insurance SECTOR — NEPAL

2025/2026 Q3

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	Book Value Per Share	Combined Expense Ratio	Commission Expense Ratio	Debt to Equity	EPS (Annualized)	EPS (TTM)	Graham's Number	Investment Yield	Loss Ratio	Management Expense Ratio	Net Profit Margin	P/B	P/E (Annualized)	P/E (TTM)	P/S	Retained Risk	ROA (Annualized)	ROA (TTM)%	ROE (Annualized)	ROE (TTM)%
ALICL	440.1	-2.88	-0.65%	0.02	0.24	120.79	123.54	8.21	9	9.26	8.44	151.45	4.62	110.88	4.45	3.45	5.12	50.09	54.38	3.07	98.16	0.8	0.74%	8.95	8.16%
CLI	447.5	-0.72	-0.16%	0.02	0.35	114.75	113.74	9.46	4.4	9.6	8.55	148.58	5.32	98.88	5.4	4.75	5.41	48.54	54.44	4.1	95.55	1.65	1.48%	8.04	7.16%
CREST	1,198.9	+34.92	+3%	0.01	0.45	106.86	83.78	9.21	0.47	2.15	3.24	88.26	6.36	59.79	14.78	3.32	16.08	599.53	387.19	35.39	75.86	1.49	2.25%	2.05	3.1%
GLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GMLI	1,167	-7.04	-0.6%	0.01	0.49	104.39	106.46	8.84	0.59	2.59	6.31	121.74	5.25	85.46	12.16	3.56	20.04	605.75	210.62	38.38	84.53	1.76	4.29%	2.49	6.08%
HLI	328.9	-2.09	-0.63%	0.03	0.25	116.41	127.37	8.06	8.51	3.81	3.68	98.18	4.63	113.15	6.16	1.5	4.14	94.78	92.91	2.54	97.49	0.36	0.35%	3.25	3.14%
ILI	421	-2.12	-0.5%	0.02	0.37	116.41	107.54	8.7	3.11	9.81	11.7	175.06	4.86	91.5	7.34	6	5.11	45.46	37.74	4.85	97.15	2.2	2.63%	8.55	10.19%
JLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LICN	804.9	+0.96	+0.12%	0.04	0.22	160.81	144.74	7.1	16.46	7.77	7.28	162.3	5.62	134.77	2.87	1.31	6.88	106.82	112.36	2.5	99.52	0.28	0.26%	4.77	4.47%
NLIC	747.5	+2.53	+0.34%	0.07	0.26	124.53	131.55	7.45	23.87	6.4	4.28	109.51	5.1	121.52	2.58	0.86	8.35	121.88	179.35	1.88	98.92	0.21	0.15%	5.19	3.47%
PLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PLIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PMLI	455.3	-2.89	-0.63%	0.02	0.31	108.87	111.9	9.54	3.11	6.91	7.07	131.6	4.07	93.97	8.39	5.43	5.9	69.75	68.03	6.74	96.26	1.68	1.72%	6.43	6.57%
RLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
RNLI	451	-0.99	-0.22%	0.02	0.32	118.47	109.07	9.69	2.73	12.07	11.06	171.7	5.04	91.24	8.14	8.53	5.24	38.61	42.9	5.86	94.45	2.76	2.53%	10.35	9.48%
SJLIC	423	+0.38	+0.09%	0.02	0.3	119.69	123.71	8.59	8.31	8.79	7.68	143.81	5.42	108.57	6.55	2.84	4.96	50.63	57.03	2.56	98.51	0.85	0.74%	7.44	6.5%
SLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SNLI	438	-0.48	-0.11%	0.02	0.31	110.22	101.54	9.31	2.09	8.58	11.33	167.62	4.51	83.09	9.14	8.15	5.54	53.4	40.07	7.74	96.47	2.51	3.31%	8.4	11.1%
SRLI	383	-1.81	-0.47%	0.02	0.32	110.06	111.91	10.17	4.43	9.06	7.59	137.1	4.42	94.03	7.71	5.19	4.85	44.17	54.02	4.08	96.74	1.65	1.38%	8.25	6.92%
ULI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	592.78	1.37	-0.03%	0.03	0.322	117.87	115.14	8.79	6.7	7.45	7.55	138.99	5.02	98.99	7.36	4.22	7.509	148.42	107.003	9.207	94.59	1.4	1.68%	6.47	6.64%
MED	447.5	-0.99	-0.22%	0.02	0.31	116.41	111.91	8.84	4.4	8.58	7.59	143.81	5.04	94.03	7.34	3.56	5.41	53.4	57.03	4.1	96.74	1.65	1.48%	7.44	6.57%
MAX	1,198.9	34.92	3%	0.07	0.49	160.81	144.74	10.17	23.87	12.07	11.7	175.06	6.36	134.77	14.78	8.53	20.04	605.75	387.19	38.38	99.52	2.76	4.29%	10.35	11.1%
MIN	328.9	-7.04	-0.65%	0.01	0.22	104.39	83.78	7.1	0.47	2.15	3.24	88.26	4.07	59.79	2.58	0.86	4.14	38.61	37.74	1.88	75.86	0.21	0.15%	2.05	3.1%