Sanima GIC Insurance Limited

Non Life InsuranceLow Cap

NPR 380.50

NPR +4.5+1.20%

09:14 AM NPT · Sep 11, 2026

Est. October 24, 2022 · 205 Tangal Marg, Tangal, P.O. Box 1622, Kathmandu, Nepal · CEO: Sudyumna Prasad Upadhyaya

Sanima GIC Insurance Limited is a leading non-life (general) insurance company in Nepal, formed through a joint venture between Sanima Group, one of Nepal’s reputable business houses, and GIC (General Insurance Corporation of India), one of Asia’s largest reinsurance companies. The company provides a wide range of general insurance products designed to safeguard individuals, businesses, and institutions against financial risks. Headquartered in Kathmandu, Sanima GIC Insurance offers comprehensive insurance services including motor insurance, fire and property insurance, marine and transit insurance, engineering and contractor’s all-risk insurance, liability coverage, agriculture and livestock insurance, travel and medical insurance, and other miscellaneous commercial risk solutions. The company is known for its strong underwriting standards, robust claims management system, and digital service integration, ensuring efficient and customer-centric operations. With professional expertise from its JV partner GIC Re and the strong local presence of the Sanima Group, Sanima GIC Insurance Limited has built a reputation for reliability, financial stability, and service excellence. As it expands its network across Nepal, the company continues to focus on innovation, responsible insurance practices, and delivering value-driven risk protection to its clients.

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Trading

Open

377.00

High

380.50

Low

376.00

Prev Close

376.00

Volume

5,826

Turnover

Rs 2,206,733.9

Txns

Valuation · Q3 FY25/26

EPS Ann.

3.19

EPS TTM

7.82

BVPS

153.04

P/E Ann.

119.28

P/E TTM

48.66

Graham #

104.81

Capital

Mkt Cap

8.18 Arab

Total

2.15 Crore

Public

1.05 Crore

Promoter

1.1 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

15.1

ADX

73.65

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

416.94

SMA 50

446.23

Bands & Channels

BB Width %

33.13%

Volume & Flow

OBV

2,117,012

Flow Analysis

[ Live 2026-09-11 ]

Total Buy

42,592

Shares Bought

Total Sell

42,592

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 44%

Distribution 56%

Accumulators

Quantity

12,635

Amount

4,804,952

Avg Rate

380.29

Rank

Brokers

#58#54#32

Distributors

Quantity

16,132

Amount

6,115,597

Avg Rate

379.10

Rank

#10

Brokers

#44#3#7#5

Net Flow Impact:

-3,497units

(Rs. -1,310,645)

Net Flow by Timeframe

SGIC — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 62,269 ]

Buy Side

Total: 29,424

Broker

QTY

AVG

NET

5,923

380.91

+4,914

13.9%

3,855

381.74

+3,844

9.1%

2,857

377.04

+2,760

6.7%

2,721

376.39

+1,679

6.4%

2,154

374.04

+1,721

5.1%

2,000

378.12

+2,000

4.7%

1,764

380.30

+989

4.1%

1,730

380.53

+1,610

4.1%

1,170

379.27

+1,170

2.8%

1,106

374.45

+606

2.6%

1,000

380.30

+977

2.4%

1,000

381.00

+1,000

2.4%

853

377.34

+776

2.0%

652

375.74

+651

1.5%

639

379.69

+628

1.5%

Sell Side

Total: 32,845

Broker

QTY

AVG

NET

7,107

377.92

-6,538

16.7%

5,066

379.50

-1,491

11.9%

4,824

381.23

-3,501

11.3%

2,315

379.53

-2,315

5.4%

1,888

377.81

-1,293

4.4%

1,886

377.54

-1,586

4.4%

1,313

378.73

-1,153

3.1%

1,268

377.66

-1,246

3.0%

1,257

383.79

-1,043

3.0%

1,176

373.77

-869

2.8%

1,079

379.41

-1,056

2.5%

937

378.57

-886

2.2%

915

381.31

-211

2.1%

911

378.32

-901

2.1%

903

373.81

-903

2.1%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Assets
Goodwill & Intangible Assets	41,822	41,194	42,006	0	+1.53%
Property and Equipment	104,741	125,904	86,626	0	-16.81%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	157,050	143,161	106,095	0	+9.70%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	3,358,217	3,463,501	3,207,452	0	-3.04%
Loans	21,960	20,028	14,216	0	+9.65%
Reinsurance Assets	3,470,820	3,916,284	2,829,975	0	-11.37%
Current Tax Assets	56,781	66,570	61,958	0	-14.71%
Insurance Receivables	675,007	424,448	572,129	0	+59.03%
Other Financial Assets	83,477	78,259	93,615	0	+6.67%
Other Assets	415,700	672,511	106,349	0	-38.19%
Cash and Cash Equivalent	500,498	273,589	442,640	0	+82.94%
Total Assets	8,886,073	9,225,449	7,563,061	0	-3.68%
Equity
Share Capital	2,150,000	2,000,000	2,000,000	0	+7.50%
Share Application Money Pending Allotment	0.00	0.00	0.00	0	-
Share Premium	0.00	0.00	0.00	0	-
Catastrophe Reserves	48,510	701,401	35,342	0	-93.08%
Retained Earnings	192,758	289,681	181,863	0	-33.46%
Other Equity	899,080	175,249	635,925	0	+413.03%
Total Equity	3,290,348	3,166,331	2,853,131	0	+3.92%
Liabilities
Insurance & Contract Liabilities
Provisions	103,936	73,671	112,397	0	+41.08%
Gross Insurance Contract Liabilities	4,478,857	4,808,517	3,671,948	0	-6.86%
Insurance Payable	611,669	762,331	621,710	0	-19.76%
Other Financial Liabilities	52,194	43,573	38,677	0	+19.79%
Other Liabilities	349,068	371,026	265,198	0	-5.92%
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	-
Total Liabilities	5,595,726	6,059,117	4,709,931	0	-7.65%
Total Equity and Liabilities	8,886,073	9,225,449	7,563,061	0	-3.68%

Sector Peers — Non Life Insurance (24)

Peer Comparison

Non 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 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	460	+9.99	+2.22%	0.01	0.24	205.28	82.75	25.3	1.3	5.9	12.42	77.34	239.51	2.53	82.49	25.56	5.71	3.4	88.64	45.49	24.47	9.01	48.55	1.39	2.92%	2.89	6.1%
HGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
IGI	389	+5.48	+1.43%	0.01	0.16	182.72	95.09	35.23	1.64	0.02	3.31	70.23	116.65	3.18	100.23	30.09	0.02	3.23	22,150	139.18	28.29	11.49	39.26	-	0.77%	-	1.79%
IGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NICL	435	+16.01	+3.82%	0.01	0.19	169.84	82.76	20.81	0.72	5.55	9.57	78.51	191.23	3.02	74.12	29.45	9.75	3.93	90.29	58.83	22.45	15.68	52.66	1.89	3.28%	3.56	6.14%
NIL	515	+5	+0.98%	0.01	0.2	219.08	78.07	23.25	1.01	7.89	12.46	64.86	247.83	2.16	73.58	27.74	9.73	3.9	81.12	52.66	36.01	14.05	57.72	1.91	3.02%	3.81	6.03%
NLG	516.5	+12.99	+2.58%	0.01	0.18	165.73	86.22	55.25	1.19	1.74	2.72	67.77	100.71	4.03	103.55	37.92	2.66	5.05	360.98	237.87	36.01	17.12	26.17	0.47	0.74%	1.07	1.67%
NMIC	797.7	+21.5	+2.77%	0.01	0.12	100.17	114.99	31.59	0.72	4.54	3.56	98.24	89.57	3.44	66.29	80.29	25.7	15.9	263.19	299.94	2.1	120.42	40.05	2.96	2.32%	4.51	3.54%
PIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PRIN	592.1	+2.12	+0.36%	0.01	0.14	209.55	36.47	29.58	1.15	16.58	13.12	57.22	248.72	5.9	30.1	35.95	28.41	4.42	41.86	53.58	37.14	21.14	47.28	3.88	3.07%	8.12	6.42%
RBCL	13,620	+369.68	+2.79%	0.04	0.04	6,524.1	106.34	105.37	0.46	144.49	120.36	47.81	4,203.32	2.22	119.43	92.28	39.07	3.18	107.62	127.2	8.17	74.76	17.04	1.55	1.28%	2.24	1.87%
SALICO	525.3	-0.58	-0.11%	0.01	0.18	233.64	89.86	23.94	1.43	6.77	10.85	51.5	238.82	3.1	85.75	28.05	6.4	3.46	89.66	59.45	45.87	10.2	49.56	1.12	1.8%	2.8	4.49%
SGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SICL	550	+3.99	+0.73%	0.02	0.18	189.6	84.8	35.7	1.62	3.03	5.36	70.21	151.21	3.23	86.99	33.51	3.62	4.46	209.24	122.5	31.25	13.48	32.54	0.64	1.14%	1.61	2.86%
SIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SPIL	577	0	0%	0.02	0.13	250.04	106.28	24.95	2.04	1.91	10.68	59.15	245.12	3.1	98.24	32.99	2.08	4.02	394.76	69.35	36.57	14.68	48.17	0.27	1.55%	0.73	4.15%
UAIL	373.8	+13.79	+3.83%	0.01	0.22	174.73	100.65	16.72	0.94	-4.03	1.32	87.54	72.04	2.18	85.94	31.43	-5.52	3.57	-116.1	362.12	22.41	11.41	46.63	-1.2	0.39%	-2.32	0.76%
UIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	1,612.62	38.33	1.78%	0.01	0.165	718.71	88.69	35.64	1.18	16.2	17.14	69.2	512.06	3.17	83.89	40.44	10.64	4.877	1,980.1	135.681	27.56	27.787	42.14	1.35	1.86%	2.64	3.82%
MED	520.9	7.74	1.83%	0.01	0.18	197.44	88.04	27.44	1.17	5.05	10.13	68.99	215.02	3.1	85.85	32.21	6.06	3.915	98.96	95.925	29.77	14.365	46.96	1.39	1.68%	2.8	3.85%
MAX	13,620	369.68	3.83%	0.04	0.24	6,524.1	114.99	105.37	2.04	144.49	120.36	98.24	4,203.32	5.9	119.43	92.28	39.07	15.9	22,150	362.12	45.87	120.42	57.72	3.88	3.28%	8.12	6.42%
MIN	373.8	-0.58	-0.11%	0.01	0.04	100.17	36.47	16.72	0.46	-4.03	1.32	47.81	72.04	2.16	30.1	25.56	-5.52	3.18	-116.1	45.49	2.1	9.01	17.04	-1.2	0.39%	-2.32	0.76%