Sanima Reliance Life Insurance Limited

Life InsuranceLow Cap

NPR 361.10

NPR +4.1+1.15%

09:14 AM NPT · Sep 14, 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

357.10

High

365.00

Low

355.80

Prev Close

357.00

Volume

15,666

Turnover

Rs 5,646,400.2

Txns

Valuation · Q4 FY25/26

EPS Ann.

7.65

EPS TTM

7.65

BVPS

110.88

P/E Ann.

47.20

P/E TTM

47.20

Graham #

138.15

Capital

Mkt Cap

18.11 Arab

Total

5.01 Crore

Public

2.46 Crore

Promoter

2.56 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

39.58

ADX

43.79

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

361.31

SMA 50

372.01

Bands & Channels

BB Width %

7.34%

Volume & Flow

OBV

-230,564

Flow Analysis

[ Live 2026-09-14 ]

Total Buy

38,299

Shares Bought

Total Sell

38,299

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 38%

Distribution 62%

Accumulators

Quantity

12,799

Amount

4,549,630

Avg Rate

355.47

Rank

Brokers

#34#67#43#26

Distributors

Quantity

21,154

Amount

7,532,612

Avg Rate

356.08

Rank

Brokers

#44#50#45#41

Net Flow Impact:

-8,355units

(Rs. -2,982,983)

Net Flow by Timeframe

SRLI — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 59,218 ]

Buy Side

Total: 30,325

Broker

QTY

AVG

NET

3,889

355.77

+3,522

10.2%

3,165

352.77

+2,971

8.3%

3,000

357.10

+3,000

7.8%

2,745

356.36

+2,721

7.2%

2,725

361.78

+2,202

7.1%

2,560

354.69

+1,102

6.7%

2,031

353.29

+1,675

5.3%

1,665

351.38

+1,271

4.3%

1,485

357.41

+1,058

3.9%

1,468

360.95

+350

3.8%

1,346

356.67

+140

3.5%

1,272

358.31

+1,095

3.3%

1,267

359.14

+541

3.3%

883

355.21

+825

2.3%

824

360.50

+697

2.1%

Sell Side

Total: 28,893

Broker

QTY

AVG

NET

10,084

358.61

-9,131

26.3%

6,135

351.19

-5,935

16.0%

3,001

355.92

-2,735

7.8%

1,934

358.69

-1,536

5.0%

101

1,087

357.41

-1,075

2.8%

1,078

353.32

-1,078

2.8%

1,071

353.10

-1,069

2.8%

998

353.03

-938

2.6%

858

352.76

-811

2.2%

542

352.94

-542

1.4%

512

360.79

-12

1.3%

510

361.18

-406

1.3%

462

362.36

-316

1.2%

371

354.76

-347

1.0%

250

350.76

-250

0.7%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Assets
Goodwill & Intangible Assets	36,835	34,685	1,988	0	+6.20%
Property and Equipment	348,468	323,834	403,667	0	+7.61%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	7,830	19,774	10,740	0	-60.40%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	27,775,265	21,251,525	18,410,511	0	+30.70%
Loans	1,983,318	1,627,220	1,247,194	0	+21.88%
Reinsurance Assets	5,108	6,161	9,651	0	-17.10%
Current Tax Assets	730,551	606,104	473,505	0	+20.53%
Insurance Receivables	0.00	163053.62	0.00	0	-100.00%
Insurance Payable	20,024	58	18,086	0	+34664.27%
Other Financial Assets	258,305	278,707	150,076	0	-7.32%
Other Assets	40,102	520,895	151,449	0	-92.30%
Cash and Cash Equivalent	1,082,879	1,467,979	550,671	0	-26.23%
Total Assets	32,268,661	26,299,938	21,409,452	0	+22.69%
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	185,925	157,437	125,408	0	+18.09%
Retained Earnings	359,884	342,646	1,010,489	0	+5.03%
Other Equity	86,899	80,934	28,991	0	+7.37%
Total Equity	5,647,632	5,595,942	5,348,888	0	+0.92%
Liabilities
Insurance & Contract Liabilities
Provisions	38,291	38,193	28,884	0	+0.26%
Gross Insurance Contract Liabilities	25,555,988	19,714,541	14,790,374	0	+29.63%
Other Financial Liabilities	463,170	308,017	341,989	0	+50.37%
Other Liabilities	543,556	643,187	881,230	0	-15.49%
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	26,621,029	20,703,996	16,060,564	0	+28.58%
Total Equity and Liabilities	32,268,661	26,299,938	21,409,452	0	+22.69%

Sector Peers — Life Insurance (21)

Peer Comparison

Life Insurance SECTOR — NEPAL

2025/2026 Q4

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	404	+4.79	+1.2%	0.02	0.24	116.29	122.87	8.43	9.17	7.89	7.89	143.68	6.13	110.07	4.37	2.89	3.6	53.11	-	52.62	1.54	98.11	0.69	0.69%	7.82	7.82%
CLI	425	+10	+2.41%	0.02	0.36	115.36	113.66	9.51	4.83	7.82	7.82	142.47	6.68	99.28	4.87	3.49	3.77	55.64	-	54.99	1.95	95.76	1.25	1.25%	6.49	6.49%
CREST	1,060.2	-14.84	-1.38%	0.01	0.42	96.51	90.84	9.42	0.6	0.34	0.34	27.17	7.62	66.7	14.72	0.54	12.17	3,455	-	3,352.94	18.84	75.47	0.22	0.22%	0.33	0.33%
GLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GMLI	1,003.7	+11.8	+1.19%	0.01	0.48	104.58	101.43	8.92	0.66	2.14	2.14	70.96	6.87	80.96	11.55	2.79	11.19	546.68	-	478.97	15.27	84.43	1.34	1.34%	2.02	2.02%
HLI	304	+10	+3.4%	0.03	0.25	116.61	124.55	8.31	8.85	3.48	3.48	95.55	6.03	110.57	5.67	1.29	2.76	92.47	-	90.23	1.2	98.04	0.32	0.32%	3.03	3.03%
ILI	418	+8.92	+2.18%	0.02	0.37	120.69	104.38	8.98	3.32	11.68	11.68	178.09	5.93	88.54	6.86	6.45	3.38	34.93	393.22	35.39	2.25	96.45	2.42	2.42%	9.78	9.78%
JLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LICN	764	+9.13	+1.21%	0.04	0.22	162.36	141.93	7.21	16.74	7.38	7.38	164.19	7.4	131.75	2.97	1.21	4.86	107.02	3.65	104.34	1.3	99.51	0.26	0.26%	4.48	4.48%
NLIC	709	+10.48	+1.5%	0.07	0.27	124.71	127.59	7.71	23.7	4.91	4.91	117.38	6.88	117.56	2.32	0.62	6.01	152.71	-	146.03	0.96	98.92	0.17	0.17%	3.97	3.97%
NLICL	565	+6.98	+1.25%	0.03	0.29	121.71	120.25	9.39	15.83	6.51	6.51	133.52	6.41	107.85	3.01	1.17	4.76	88.94	-	86.33	1.04	97.23	0.33	0.33%	5.45	5.45%
PLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PLIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PMLI	414	+8.4	+2.07%	0.02	0.32	110.87	105.63	9.63	3.33	7.08	7.08	132.9	4.87	88.23	7.77	4.99	3.91	61.17	-	59.7	3.06	96.41	1.61	1.61%	6.46	6.46%
RLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
RNLI	429.8	-0.09	-0.02%	0.02	0.32	121.18	106.28	9.89	3.02	11.21	11.21	174.83	6.11	88.19	8.2	7.42	3.63	39.25	17.38	38.07	2.92	95.24	2.39	2.39%	9.31	9.31%
SJLIC	409.5	+3.49	+0.86%	0.02	0.31	121.29	120.27	8.79	9.02	7.59	7.59	143.92	6.75	105.44	6.04	2.22	3.41	54.41	6.25	53.62	1.21	98.32	0.68	0.68%	6.35	6.35%
SLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SNLI	396.8	+4.9	+1.25%	0.02	0.3	111.53	103.88	9.55	2.27	7.92	7.92	140.98	5.95	85.52	8.81	7.16	3.78	53.3	-	50.63	3.82	96.04	2.13	2.13%	6.92	6.92%
ULI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	561.77	5.69	1.32%	0.03	0.319	118.75	114.12	8.9	7.8	6.61	6.61	128.13	6.43	98.51	6.7	3.25	5.172	368.82	105.125	354.143	4.258	94.61	1.06	1.06%	5.57	5.57%
MED	425	8.4	1.25%	0.02	0.31	116.61	113.66	8.98	4.83	7.38	7.38	140.98	6.41	99.28	6.04	2.79	3.78	61.17	11.815	59.7	1.95	96.45	0.69	0.69%	6.35	6.35%
MAX	1,060.2	11.8	3.4%	0.07	0.48	162.36	141.93	9.89	23.7	11.68	11.68	178.09	7.62	131.75	14.72	7.42	12.17	3,455	393.22	3,352.94	18.84	99.51	2.42	2.42%	9.78	9.78%
MIN	304	-14.84	-1.38%	0.01	0.22	96.51	90.84	7.21	0.6	0.34	0.34	27.17	4.87	66.7	2.32	0.54	2.76	34.93	3.65	35.39	0.96	75.47	0.17	0.17%	0.33	0.33%