Sanima Reliance Life Insurance Limited

Life InsuranceLow Cap

NPR 370.00

NPR +1.4+0.38%

09:12 AM NPT · Aug 11, 2026

Est. 2079-12-10 B.S. (formed through the merger of Sanima Life Insurance and Reliance Life Insurance; began unified operation in 2023 A.D.) · Sanima Reliance Life Insurance Limited, Hatigauda, Kathmandu, Nepal · CEO: Shiva Nath Pandey

Sanima Reliance Life Insurance is a relatively new but increasingly prominent player in Nepal’s life-insurance sector, formed via the merger of Sanima Life Insurance and Reliance Life Insurance. The merger was completed in 2023, and since then SRLI has operated under a unified structure, combining legacy strengths and expanded capital giving the company a stronger footing to serve diverse insurance needs across Nepal. SRLI offers a broad portfolio of life-insurance products tailored to different customer needs: term assurance, endowment plans, whole-life coverage, money-back (savings + protection) policies, children’s plans, and joint life or couple-based insurance in many variants. The firm markets itself as providing “dependable life-insurance solutions in Nepal,” aiming to combine international insurance standards with local understanding and accessibility. Since its listing on the national stock exchange under the symbol “SRLI,” the company commands a paid-up capital of over NPR 5 billion (50,149,240 shares at NPR 100 face value). In the recent years 2025 being a strong example the company has demonstrated robust financial performance and growth momentum: management has publicly celebrated milestones in premium mobilization, agent achievements, and expanding customer base.In addition to individual life-insurance plans, SRLI has emphasized convenience and modernization: it offers digital-payment support (e.g. via mobile payment platforms), easy premium renewal, and a wide branch/agency network across many parts of Nepal aiming to extend life-insurance accessibility beyond major urban centers.Overall, Sanima Reliance represents a growing, consolidated life-insurance institution that blends legacy backgrounds, improved capital base, and diversified insurance products making it one of the more significant life insurers in Nepal’s changing insurance sector.

sanimareliancelife.com/linkedin

Trading

Open

368.00

High

373.60

Low

368.00

Prev Close

368.60

Volume

12,977

Turnover

Rs 4,814,925

Txns

Valuation · Q3 FY25/26

EPS Ann.

9.06

EPS TTM

7.59

BVPS

110.06

P/E Ann.

40.84

P/E TTM

48.75

Graham #

149.79

Capital

Mkt Cap

18.56 Arab

Total

5.01 Crore

Public

2.46 Crore

Promoter

2.56 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

19.64

ADX

30.73

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

380.53

SMA 50

384.54

Bands & Channels

BB Width %

6.72%

Volume & Flow

OBV

-392,508

Flow Analysis

[ Live 2026-08-11 ]

Total Buy

85,333

Shares Bought

Total Sell

85,333

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 43%

Distribution 57%

Accumulators

Quantity

38,158

Amount

14,141,295

Avg Rate

370.60

Rank

Brokers

#48#45#44#14#62

Distributors

Quantity

50,317

Amount

18,580,760

Avg Rate

369.27

Rank

Brokers

#57#35#58

Net Flow Impact:

-12,159units

(Rs. -4,439,465)

Net Flow by Timeframe

SRLI — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 122,677 ]

Buy Side

Total: 54,181

Broker

QTY

AVG

NET

10,938

369.01

+5,000

12.8%

10,403

369.81

+9,859

12.2%

9,490

370.86

+7,624

11.1%

3,927

375.13

+3,467

4.6%

3,400

372.16

+3,376

4.0%

3,152

370.51

+2,886

3.7%

2,126

372.68

+1,925

2.5%

1,860

372.02

+1,247

2.2%

1,531

369.63

+266

1.8%

1,500

371.30

+1,453

1.8%

1,320

371.15

+935

1.6%

1,201

369.08

+1,157

1.4%

1,189

377.67

+124

1.4%

1,100

370.57

+1,100

1.3%

1,044

369.95

+982

1.2%

Sell Side

Total: 68,496

Broker

QTY

AVG

NET

31,581

367.77

-25,783

37.0%

11,374

371.00

-11,319

13.3%

7,362

373.04

-3,665

8.6%

3,301

375.51

-3,291

3.9%

2,746

373.89

-195

3.2%

2,296

375.00

-1,744

2.7%

2,062

371.34

-658

2.4%

1,797

369.28

-1,381

2.1%

1,508

375.09

-699

1.8%

1,019

371.18

-962

1.2%

814

375.02

-794

0.9%

729

369.00

-139

0.8%

101

698

370.22

-698

0.8%

617

372.18

-322

0.7%

592

374.33

-542

0.7%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Assets
Goodwill & Intangible Assets	35,402	35,081	3,202	0	+0.92%
Property and Equipment	366,671	343,618	439,763	0	+6.71%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	28,619	29,009	10,861	0	-1.34%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	25,667,257	20,959,488	17,195,833	0	+22.46%
Loans	1,896,626	1,517,124	1,248,135	0	+25.01%
Reinsurance Assets	15,777	15,777	0	0	0.00%
Current Tax Assets	683,678	559,900	429,441	0	+22.11%
Insurance Receivables	131,683	173,420	0	0	-24.07%
Insurance Payable	57.60	125.85	29271.88	0	-54.23%
Other Financial Assets	269,374	274,556	291,617	0	-1.89%
Other Assets	165,254	119,211	13,532	0	+38.62%
Cash and Cash Equivalent	816,755	676,244	291,525	0	+20.78%
Total Assets	30,077,097	24,703,428	19,923,910	0	+21.75%
Equity
Share Capital	5,014,924	5,014,924	4,184,000	0	0.00%
Share Application Money Pending Allotment	0.00	0.00	0.00	0	-
Share Premium	0.00	0.00	0.00	0	-
Catastrophe Reserves	181,744	153,677	126,909	0	+18.26%
Retained Earnings	322,872	309,997	997,272	0	+4.15%
Other Equity	79,680	68,118	5,093	0	+16.97%
Total Equity	5,599,220	5,546,716	5,313,275	0	+0.95%
Liabilities
Insurance & Contract Liabilities
Provisions	38,291	38,193	41,369	0	+0.26%
Gross Insurance Contract Liabilities	23,631,747	18,226,804	13,553,683	0	+29.65%
Other Financial Liabilities	262,653	211,617	505,066	0	+24.12%
Other Liabilities	545,129	679,973	481,245	0	-19.83%
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	24,477,877	19,156,712	14,610,635	0	+27.78%
Total Equity and Liabilities	30,077,097	24,703,428	19,923,910	0	+21.75%

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)	PEG	P/E (TTM)	P/S	Retained Risk	ROA (Annualized)	ROA (TTM)%	ROE (Annualized)	ROE (TTM)%
ALICL	420	+2.01	+0.48%	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	437.2	-2.82	-0.64%	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	76.97	54.44	4.1	95.55	1.65	1.48%	8.04	7.16%
CREST	1,188	+8.26	+0.7%	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	38.98	387.19	35.39	75.86	1.49	2.25%	2.05	3.1%
GLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GMLI	1,103	+2.97	+0.27%	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	318	+1.01	+0.32%	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	410	+1.8	+0.44%	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	109.78	37.74	4.85	97.15	2.2	2.63%	8.55	10.19%
JLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LICN	770	0	0%	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	4.47	112.36	2.5	99.52	0.28	0.26%	4.77	4.47%
NLIC	738	0	0%	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%
NLICL	567	0	0%	0.03	0.27	122.4	121.15	10.2	15.22	9.76	7.4	142.76	1.11	107.7	3.25	1.97	6.47	60.86	-	80.41	2.13	97.58	0.52	0.39%	8.13	6.17%
PLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PLIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PMLI	436	+2.99	+0.69%	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	422.9	-1.1	-0.26%	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	409	-0.98	-0.24%	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	4.26	57.03	2.56	98.51	0.85	0.74%	7.44	6.5%
SLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SNLI	412	0	0%	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%
ULI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	587.01	1.09	0.14%	0.03	0.318	118.82	115.85	8.8	7.53	7.5	7.54	139.43	4.76	100.04	7.02	3.97	7.634	149.7	46.892	109.033	9.057	94.65	1.31	1.6%	6.46	6.58%
MED	436	0	0%	0.02	0.31	116.41	113.74	8.84	4.4	8.58	7.4	143.81	5.04	98.88	6.55	3.45	5.54	60.86	38.98	68.03	4.1	97.15	1.49	1.48%	7.44	6.5%
MAX	1,188	8.26	0.7%	0.07	0.49	160.81	144.74	10.2	23.87	12.07	11.7	175.06	6.36	134.77	14.78	8.53	20.04	605.75	109.78	387.19	38.38	99.52	2.76	4.29%	10.35	11.1%
MIN	318	-2.82	-0.64%	0.01	0.22	104.39	83.78	7.1	0.47	2.15	3.24	88.26	1.11	59.79	2.58	0.86	4.14	38.61	4.26	37.74	1.88	75.86	0.21	0.15%	2.05	3.1%