SGIC

Non Life Insurance

Low Cap

LIVE MARKET

Sanima GIC Insurance Limited

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

sgic.com.np/

NPR 511.00

▼ 15.00

-2.85%

08:25 AM NPT · Mar 29, 2026

Trading

Open

526.00

High

526.00

Low

507.00

Prev Close

526.00

Volume

36,625

Turnover

₨1.88Cr

Txns

214

Valuation · Q2 FY25/26

EPS Ann.

-8.92

EPS TTM

6.18

BVPS

145.61

P/E Ann.

-57.29

P/E TTM

82.69

Graham #

N/A

Capital

Mkt Cap

10.99 Arab

Total

2.15 Crore

Public

1.05 Crore

Promoter

1.1 Crore

52-Week Range

439

632

511.00

From Low

16.4%

From High

-19.1%

About

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.

400 employees

Services

Motor insuranceFire and property insuranceMarine and transit insuranceEngineering and contractor's all-risk insuranceAgriculture and livestock insuranceMedical and health insuranceTravel and personal accident insuranceLiability and miscellaneous commercial insuranceCorporate and institutional risk coverageClaims management and risk assessment services

NEPSE Chart

TECHNICAL ANALYSIS

Indicator Signals

MACDStrong Buy

RSISell

SuperTrendStrong Buy

Momentum

RSI (14)

73.09

ADX

60.3

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Overall Score

Technical ScoreAbove Line

Moving Averages

SMA 20

499.06

SMA 50

488.64

Bands & Channels

BB Width %

18.86%

Volume & Flow

OBV

2,452,429

Broker Analysis (Zero-Sum)

Live 2026-03-26

Total Buy

199,129

Shares Bought

Total Sell

199,129

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Non Life Insurance▼ DISTRIBUTING

Accumulation 49%Distribution 51%

ACCUMULATORS4

Quantity67,176

Amount35,480,765

Avg Rate528.18

Rank#3

Brokers

#58# 88# 34# 45

DISTRIBUTORS6

Quantity71,031

Amount37,464,842

Avg Rate527.44

Rank#2

Brokers

#1# 94# 48# 42# 14# 32

Net Flow Impact

-3,855units(Rs. -1,984,076)

Net Flow by Timeframe

SGIC — Broker Breakdown (7D)

▲ 15 Buyers

▼ 15 Sellers

Vol: 239,461

▲ BUY SIDE

Total: 123,437

BR#

QTY

AVG

NET

▼ SELL SIDE

Total: 116,024

BR#

QTY

AVG

NET

NET FLOW

+7,413 units

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Goodwill & Intangible Assets	42,258,970	41,412,325	42,204,835	0	+2.04%
Property and Equipment	118,040,432	133,973,732	85,127,500	104,346,000	-11.89%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	159,996,213	142,756,641	105,309,048	0	+12.08%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	3,282,371,014	3,415,184,231	3,173,912,038	118,108,000	-3.89%
Loans	20,356,401	18,280,496	13,372,881	0	+11.36%
Reinsurance Assets	4,146,019,879	4,341,980,752	3,280,453,716	0	-4.51%
Current Tax Assets	63,433,363	70,107,678	67,570,371	0	-9.52%
Insurance Receivables	784,314,462	402,935,955	416,687,694	0	+94.65%
Other Financial Assets	76,025,109	73,995,753	109,070,532	0	+2.74%
Other Assets	506,629,413	560,379,759	199,742,179	3,817,837,000	-9.59%
Cash and Cash Equivalent	608,468,026	253,627,425	339,310,320	144,527,000	+139.91%
Total Assets	9,807,913,282	9,454,634,747	7,832,761,114	4,184,818,000	+3.74%
Equity
Share Capital	2,150,000,000	2,000,000,000	2,000,000,000	2,000,000,000	+7.50%
Share Application Money Pending Allotment	0.00	0.00	0.00	0.00	-
Share Premium	0.00	0.00	0.00	0	-
Catastrophe Reserves	806,270,368	686,207,835	32,957,829	28,622,000	+17.50%
Retained Earnings	84,813,119	237,666,740	137,509,170	263,292,000	-64.31%
Other Equity	89,587,046	131,541,383	589,112,538	345,390,000	-31.89%
Total Equity	3,130,670,533	3,055,415,958	2,759,579,537	2,637,304,000	+2.46%
Liabilities
Insurance & Contract Liabilities
Provisions	95,429,451	106,013,376	97,990,501	884,564,000	-9.98%
Gross Insurance Contract Liabilities	5,204,300,775	5,236,673,868	4,152,592,439	0	-0.62%
Insurance Payable	939,435,394	669,302,740	541,208,397	0	+40.36%
Other Financial Liabilities	64,300,659	38,844,938	37,315,500	0	+65.53%
Other Liabilities	373,776,470	348,383,867	244,074,740	662,950,000	+7.29%
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	6,677,242,749	6,399,218,789	5,073,181,577	1,547,514,000	+4.34%
Total Equity and Liabilities	9,807,913,282	9,454,634,747	7,832,761,114	4,184,818,000	+3.74%

Sector Peers — Non Life Insurance (16)

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)%
HEI	555	-13.01	-2.29%	-	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%
HEIP	330.4	+6.41	+1.98%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
IGI	474	-12	-2.47%	-	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%
NICL	535	-6.88	-1.27%	-	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	660	-9.98	-1.49%	-	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%
NILPO	436	0	0%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NLG	680.6	-11.42	-1.65%	-	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	1,310	-39.96	-2.96%	-	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%
PRIN	749.9	-10.11	-1.33%	-	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	15,650	-290.11	-1.82%	-	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%
RBCLPO	12,545	-254.71	-1.99%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SALICO	640	-5.03	-0.78%	-	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%
SICL	665	-9.1	-1.35%	-	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%
SPIL	748.4	-1.57	-0.21%	-	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	479.3	-15.69	-3.17%	-	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%
UAILPO	251	0	0%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	2,294.35	-42.07	-1.3%	-	0.137	712.32	-	10.05	15.74	478.07	-	0%	-	-1,626%	7.817	300.424	0.008	297.783	164.008	5,661.291	0.11%	1.88%	-0.13%	4%
MED	650	-10.05	-1.42%	-	0.155	199.45	-	0.83	10.14	214.2	-	0%	-	1.1%	5.665	161.11	0	160.62	91.14	40.15	0.21%	1.62%	0.48%	3.41%
MAX	15,650	6.41	1.98%	-	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	251	-290.11	-3.17%	-	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%