Sanima Reliance Life Insurance Limited

Life InsuranceLow Cap

NPR 391.00

NPR -1.9-0.48%

09:14 AM NPT · May 13, 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

390.00

High

392.00

Low

387.40

Prev Close

392.90

Volume

9,736

Turnover

Rs 3,801,689.8

Txns

129

Valuation · Q2 FY25/26

EPS Ann.

11.01

EPS TTM

8.41

BVPS

108.80

P/E Ann.

35.51

P/E TTM

46.49

Graham #

164.17

Capital

Mkt Cap

19.61 Arab

Total

5.01 Crore

Public

2.46 Crore

Promoter

2.56 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Weak

Momentum

RSI (14)

41.67

ADX

18.42

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

393.71

SMA 50

401.04

Bands & Channels

BB Width %

5.1%

Volume & Flow

OBV

-168,620

Flow Analysis

[ Live 2026-05-13 ]

Total Buy

73,896

Shares Bought

Total Sell

73,896

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 55%

Distribution 45%

Accumulators

Quantity

20,984

Amount

8,229,477

Avg Rate

392.18

Rank

Brokers

#17#42#49#86

Distributors

Quantity

17,328

Amount

6,768,632

Avg Rate

390.62

Rank

#11

Brokers

#38#26#43#7

Net Flow Impact:

+3,656units

(Rs. 1,460,845)

Net Flow by Timeframe

SRLI — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 97,019 ]

Buy Side

Total: 47,888

Broker

QTY

AVG

NET

6,284

391.76

+4,401

8.5%

5,630

391.04

+3,971

7.6%

5,277

391.96

+4,941

7.1%

4,946

386.87

+1,140

6.7%

3,793

394.87

+3,793

5.1%

3,757

390.97

+3,745

5.1%

3,439

386.71

+3,439

4.7%

2,180

392.56

+2,034

3.0%

2,101

393.12

+42

2.8%

2,022

393.02

+460

2.7%

2,018

388.67

+1,131

2.7%

1,815

392.77

+1,791

2.5%

1,628

388.00

+1,095

2.2%

1,523

393.88

+1,511

2.1%

1,475

388.19

+710

2.0%

Sell Side

Total: 49,131

Broker

QTY

AVG

NET

5,846

387.45

-3,277

7.9%

5,025

392.36

-4,282

6.8%

4,704

386.49

-3,954

6.4%

4,469

392.41

-1,246

6.0%

3,956

393.00

-2,122

5.3%

3,903

392.50

-3,842

5.3%

3,696

391.52

-3,380

5.0%

3,028

392.67

-2,218

4.1%

2,934

387.66

-2,589

4.0%

2,793

390.71

-1,363

3.8%

2,060

390.95

-1,810

2.8%

1,809

390.80

-1,809

2.5%

1,656

391.38

-1,445

2.2%

1,656

388.56

-1,656

2.2%

1,596

390.85

-972

2.2%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Goodwill & Intangible Assets	24,300	35,723,494	3,390,835	0	-99.93%
Property and Equipment	367,631,982	367,066,903	463,661,426	0	+0.15%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	81,630,683	23,764,320	5,853,491	0	+243.50%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	122,493,876,158	20,301,080,226	15,657,462,830	0	+503.39%
Loans	20,798,528,440	1,440,649,342	1,242,262,792	0	+1343.69%
Reinsurance Assets	0.00	15540600.00	0.00	0	-100.00%
Current Tax Assets	0.00	521646559.00	394580717.00	0	-100.00%
Insurance Receivables	16,476,720	75,373,426	16,046	0	-78.14%
Insurance Payable	38,062,818	125,851	34,672,676	0	+30144.35%
Other Financial Assets	3,092,027,528	266,542,145	399,294,834	0	+1060.05%
Other Assets	502,871,457	122,315,703	209,917,479	0	+311.13%
Cash and Cash Equivalent	5,525,379,887	601,626,485	584,050,320	0	+818.41%
Total Assets	152,878,447,155	23,771,329,205	18,960,490,770	0	+543.12%
Equity
Share Capital	5,500,000,000	4,953,065,224	4,184,000,000	0	+11.04%
Share Application Money Pending Allotment	0.00	0.00	0.00	0	-
Share Premium	498,012,562	0	0	0	-
Catastrophe Reserves	755,432,725	134,300,162	118,399,291	0	+462.50%
Retained Earnings	2,494,242,449	508,489,421	921,532,664	0	+390.52%
Other Equity	344,843,938	69,366,662	24,271,417	0	+397.13%
Total Equity	9,592,531,674	5,665,221,469	5,248,203,372	0	+69.32%
Liabilities
Insurance & Contract Liabilities
Provisions	183,108,771	38,192,913	4,826,331	0	+379.43%
Gross Insurance Contract Liabilities	140,897,363,013	17,174,052,912	12,696,755,796	0	+720.41%
Other Financial Liabilities	1,697,440,401	156,987,157	531,324,666	0	+981.26%
Other Liabilities	368,135,127	736,748,904	444,707,929	0	-50.03%
Taxes & Funding
Deferred Tax Liabilities	0.00	0.00	0.00	0	-
Current Tax Liabilities	101,805,352	0	0	0	-
Borrowings	0.00	0.00	0.00	0	-
Total Liabilities	143,285,915,482	18,106,107,736	13,712,287,398	0	+691.37%
Total Equity and Liabilities	152,878,447,156	23,771,329,205	18,960,490,770	0	+543.12%

Sector Peers — Life Insurance (21)

Peer Comparison

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)%
ALICL	455.9	+1.91	+0.42%	0.02	0.23	124.65	-	10.54	8.45	153.95	-	0%	-	4.03%	7.64	45.16	0	42.01	52.4	7.28	0.94%	0.75%	10.08%	8.08%
CLI	455	-1	-0.22%	0.02	0.37	112.2	-	9.26	8.51	146.57	-	0%	-	4.64%	8.47	51.3	0	49.34	53.69	9.53	1.68%	1.56%	8.74%	8.04%
CREST	1,106	-31.04	-2.73%	0.01	0.51	106.81	-	3.13	4.06	98.78	-	0%	-	4.91%	23.13	394.57	4.06	424.28	327.09	77.55	2.5%	3.24%	3.5%	4.54%
GLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GMLI	1,290	-10.01	-0.77%	0.01	0	104.21	-	3.53	8.25	139.08	-	0%	-	4,876.37%	32.74	483.31	0	490.08	209.7	85,305	2.74%	6.42%	4.02%	9.4%
HLI	339.9	-1.09	-0.32%	0.03	0.25	115.41	-	4.59	4.13	103.56	-	0%	-	1.81%	6.36	79.96	0	78.65	87.41	5.88	0.44%	0.41%	3.9%	3.56%
ILI	436	-0.09	-0.02%	0.02	0.37	114.48	-	10.83	11.72	173.75	-	0%	-	6.81%	7.68	40.58	35.82	40.12	37.07	11.06	2.52%	2.73%	8.78%	9.51%
JLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LICN	812	0	0%	0.04	0	159.09	-	8.17	7.25	161.09	-	0%	-	1,367.14%	10.72	104.33	0	100.98	113.79	5,682.67	0.3%	0.27%	6.14%	5.45%
NLIC	762.2	-6.38	-0.83%	0.07	0.28	123.29	-	7.11	22.38	249.16	-	0%	-	5.54%	12.56	108.86	0	105.49	33.51	4.1	1.56%	0.83%	33.68%	17.99%
NLICL	585	-5.02	-0.85%	0.03	0.28	120.12	-	10.08	7.39	141.33	-	0%	-	2%	9.58	57.09	0	56.45	77	4.57	0.56%	0.41%	8.56%	6.28%
PLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PLIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PMLI	465	-3	-0.64%	0.02	0.33	106.32	-	5.02	6.05	120.3	-	0%	-	3.91%	9.06	95.92	0	97.01	80.5	15.02	1.28%	1.56%	4.76%	5.75%
RLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
RNLI	461	-2.5	-0.54%	0.02	0.35	117.05	-	15.24	11.85	176.66	-	0%	-	10.57%	7.92	30.43	31.96	29.72	38.23	12.88	3.66%	2.85%	13.22%	10.29%
SJLIC	430.2	-2.81	-0.65%	0.02	0.31	117.82	-	8.06	7.1	137.19	-	0%	-	2.62%	7.44	54.4	18.25	53.66	60.92	5.71	0.8%	0.71%	6.94%	6.12%
SLI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SLICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SNLI	450	-2.99	-0.66%	0.02	0.18	115.6	-	11.35	10.84	167.91	-	0%	-	18.31%	8.22	41.88	0	39.82	41.7	30.69	3.26%	3.12%	10.62%	10.16%
ULI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	619.09	-4.92	-0.6%	0.03	0.266	118.23	-	8.22	9.08	151.49	-	0%	-	485.28%	11.655	122.138	6.93	123.662	93.308	7,013.226	1.71%	1.91%	9.46%	8.09%
MED	461	-2.81	-0.64%	0.02	0.28	115.6	-	8.17	8.25	146.57	-	0%	-	4.91%	8.47	57.09	0	56.45	60.92	11.06	1.56%	1.56%	8.56%	8.04%
MAX	1,290	1.91	0.42%	0.07	0.51	159.09	-	15.24	22.38	249.16	-	0%	-	4,876.37%	32.74	483.31	35.82	490.08	327.09	85,305	3.66%	6.42%	33.68%	17.99%
MIN	339.9	-31.04	-2.73%	0.01	0	104.21	-	3.13	4.06	98.78	-	0%	-	1.81%	6.36	30.43	0	29.72	33.51	4.1	0.3%	0.27%	3.5%	3.56%