Insurance Companies' first quarter report - Nepal Stock Market Update Analysis.

Net Profit and EPS analysis; Nepal Stock Market Update.

Most of the non-life and some life Insurance companies have published their first quarter report (Q1) for the fiscal year 2073-74. Among the report published by the insurance companies, Rastriya Beema Company and Shikhar Insurance Company Limited has shown impressive result in terms of net profit as well as earning per share (EPS).

The first quarter reports of the Insurance Companies are as follows.

Table 1: Net Profit and EPS analysis; Nepal Stock Market Update.

S.N	Insurance	Paid Up Capital (Q1)	Reserve & Surplus	Net '000'  Profit (Q1)		Increase	EPS	Net Worth
	Name	Rs in '000'	Rs in '000'	This  Quarter	Corresponding Previous Q1	%	Annualized	Rs
1	RBCL	124,440.00	1,936,232.00	234,733.00	22,472.00	944.55	188.63	2,520.40
2	Shikhar Insurance	509,897.30	464,467.01	87,018.24	42,338.61	105.52	68.26	296.24
3	Lumbini General Ins	330,000.00	115,240.00	38,867.00	20,844.00	86.46	47.11	218.48
4	Neco Insurance	324,043.00	123,489.00	25,082.00	9,846.00	154.74	30.96	197.56
5	United Insurance	252,000.00	205,208.00	16,555.03	5,180.00	219.59	26.27	243.66
6	Prudential Insurance	356,400.00	183,825.00	18,125.00	15,136.00	19.74	20.34	219.90
7	NLICL	1,019,125.90	580,688.01	50,559.14	35,501.62	42.41	19.84	164.44
8	Premier Insurance	373,753.00	287,502.00	20,440.00	13,559.00	50.74	19.83	204.77
9	Prime Life Insurance	488,160.00	714,811.00	22,726.00	26,447.00	(14.06)	18.62	246.43
10	NB Insurance	265,656.00	48,233.00	12,068.00	10,673.00	13.07	18.17	82.52
11	Siddhartha Insurance	344,850.00	165,078.00	38,025.00	28,755.16	32.23	11.03	254.03
12	Surya Life Insurance	500,000.00	202,740.00	12,355.00	7,701.00	60.43	9.88	144.16
13	Asian Life Ins	671,327.70	231,098.26	14,502.62	11,000.08	31.84	8.64	134.42
14	NICL	287,608.00	142,104.00	24,965.00	5,959.00	318.94	7.61	170.51
15	Sagarmatha Ins	441,223.00	356,544.00	30,936.00	10,491.00	194.88	7.01	238.91
16	Gurans Life Ins	550,000.00	171,633.46	8,926.77	5,423.71	64.58	6.49	131.21
17	Himalayan General	321,000.00	139,583.00	19,794.00	12,012.00	64.78	6.17	229.20
18	Prabhu Insurance	329,073.00	110,400.00	19,924.00	15,545.00	28.16	6.00	212.00
19	Everest Insurance	101,250.00	121,396.00	1,051.00	1,512.00	(30.48)	1.04	318.09
20	LICN	1,069,453.12	855,562.50	8,580.90	16,549.50	(48.15)	0.80	117.54
21	Oriental Insurance		(181,995.92)	6,318.38	7,746.92	(18.44)