Himalayan Reinsurance (HRL) share price is Rs. 493.90, up 3.15% on 2026-10-30. Open Rs. 480.00. High Rs. 498.00. Low Rs. 478.10. Volume 157,767.
Himalayan Reinsurance Limited is a NEPSE-listed company (HRL), Others sector. Revenue: Rs. 636.94 Crore. Net loss: Rs. 234.6 Crore. Net worth: Rs. 1,538.53 Crore.
Himalayan Reinsurance Limited is Nepal's private-sector reinsurer, licensed and regulated by the Nepal Insurance Authority and headquartered at Lalita Bhawan, Maharajgunj, Kathmandu. It began underwriting in 2078 and writes treaty and facultative reinsurance across life and non-life lines, accepting business from 52 countries. The company is backed by two of Nepal's largest government banks alongside major Nepalese business groups, with roughly 30% in public hands following its IPO, and carries an AM Best B+ and ICRA-A rating.
Himalayan Reinsurance Limited (HRL) has 10,86,80,000 shares outstanding.
Company website: himalayanre.com.
| Market Cap | Rs. 5,314.45 Crore |
|---|---|
| P/E Ratio | 40.65 |
| EPS | Rs. 12.03 |
| Loss Per Share (TTM) | Rs. 21.59 |
| Book Value | Rs. 141.57 |
| Dividend Yield | 0.00% |
| Face Value | Rs. 100.00 |
| 52 Week High | Rs. 950.00 |
| 52 Week Low | Rs. 462.00 |
What Himalayan Reinsurance Limited's own accounts show in its favour, graded against the rest of its sector.
What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.
In the fourth quarter of 2082/83 (Q4 2082/83) Himalayan Reinsurance Limited reported a loss of Rs. 230.12 crore and revenue from operations of Rs. 205.55 crore. Profit in Q3 2082/83 was a loss of Rs. 69.47 crore. The loss widened 231.26% on the previous quarter. Revenue from operations grew 101.03% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 41.62 crore. Profit turned from a profit to a loss on the same quarter last year. Revenue from operations fell 14.24% on the same quarter last year.
For the financial year 2082/83 Himalayan Reinsurance Limited reported a net loss of Rs. 234.6 crore, revenue from operations of Rs. 636.94 crore and net worth of Rs. 1,538.53 crore. Net profit in 2081/82 was Rs. 139.35 crore. Net profit turned from a profit to a loss on the year. Revenue from operations fell 7.18% on the year.
In the financial year 2082/83, Himalayan Reinsurance Limited reported revenue from operations of Rs. 636.94 crore, gross profit of Rs. 601.56 crore, operating profit of Rs. 345.08 crore, profit before tax of Rs. 345.26 crore and net profit for the year of Rs. 234.6 crore.
Reported under gross profit: cost of sales of Rs. 35.38 crore. Reported under operating profit: other income of Rs. 100.88 crore, selling and distribution expenses of Rs. 145.76 crore, administrative expenses of Rs. 419.7 crore, employee benefit expenses of Rs. 18.47 crore, depreciation and amortisation of Rs. 4.74 crore and other operating expenses of Rs. 458.86 crore. Reported under profit before tax: finance costs of Rs. 0.18 crore. Reported under net profit for the year: current tax of Rs. 110.66 crore.
In the financial year 2081/82, Himalayan Reinsurance Limited reported revenue from operations of Rs. 686.24 crore, gross profit of Rs. 637.87 crore, operating profit of Rs. 196.24 crore, profit before tax of Rs. 196.1 crore and net profit for the year of Rs. 139.35 crore.
Reported under gross profit: cost of sales of Rs. 48.36 crore. Reported under operating profit: other income of Rs. 138.38 crore, selling and distribution expenses of Rs. 147.09 crore, administrative expenses of Rs. 22.91 crore, employee benefit expenses of Rs. 38.98 crore, depreciation and amortisation of Rs. 3.75 crore and other operating expenses of Rs. 367.28 crore. Reported under profit before tax: finance costs of Rs. 0.14 crore. Reported under net profit for the year: current tax of Rs. 56.75 crore.
In the financial year 2080/81, Himalayan Reinsurance Limited reported revenue from operations of Rs. 543.12 crore, gross profit of Rs. 262.24 crore, operating profit of Rs. 175.13 crore, profit before tax of Rs. 175.08 crore and net profit for the year of Rs. 130.73 crore.
Reported under gross profit: cost of sales of Rs. 280.88 crore. Reported under operating profit: other income of Rs. 117.4 crore, selling and distribution expenses of Rs. 141.99 crore, administrative expenses of Rs. 10.08 crore, employee benefit expenses of Rs. 33.09 crore, depreciation and amortisation of Rs. 3.53 crore and other operating expenses of Rs. 15.81 crore. Reported under profit before tax: finance costs of Rs. 0.34 crore and other items of Rs. 0.29 crore. Reported under net profit for the year: current tax of Rs. 44.36 crore.
In the financial year 2080/81, Himalayan Reinsurance Limited reported total non-current assets of Rs. 1,716.8 crore, total current assets of Rs. 423.62 crore, total equity of Rs. 1,538.53 crore, total non-current liabilities of Rs. 540.34 crore and total current liabilities of Rs. 61.55 crore.
Reported under total non-current assets: property, plant and equipment of Rs. 10.14 crore, intangible assets of Rs. 4 crore, deferred tax assets of Rs. 13.08 crore, investment in quoted shares of Rs. 22.98 crore, investment in subsidiaries of Rs. 0 crore and other financial assets of Rs. 1,666.6 crore. Reported under total current assets: trade receivables of Rs. 172.78 crore, cash and cash equivalents of Rs. 62.17 crore, advances of Rs. 29.8 crore and other current assets of Rs. 158.86 crore. Reported under total equity: share capital of Rs. 1,040 crore, share premium reserve of Rs. 312.27 crore, reserve and surplus of Rs. 116.41 crore, retained earnings of Rs. 51.43 crore, other equity of Rs. 13.52 crore and non-controlling interest of Rs. 4.9 crore. Reported under total non-current liabilities: provisions of Rs. 1.64 crore and other non-current liabilities of Rs. 538.7 crore. Reported under total current liabilities: trade payables of Rs. 11.1 crore, other current liabilities of Rs. 40.69 crore and income tax liabilities (net) of Rs. 9.77 crore.
In the financial year 2079/80, Himalayan Reinsurance Limited reported total non-current assets of Rs. 986.85 crore, total current assets of Rs. 304.8 crore, total equity of Rs. 794.83 crore, total non-current liabilities of Rs. 451.83 crore and total current liabilities of Rs. 45 crore.
Reported under total non-current assets: property, plant and equipment of Rs. 6.49 crore, intangible assets of Rs. 1.3 crore, deferred tax assets of Rs. 0.98 crore, investment in quoted shares of Rs. 22.69 crore, investment in subsidiaries of Rs. 0 crore and other financial assets of Rs. 955.39 crore. Reported under total current assets: trade receivables of Rs. 154.57 crore, cash and cash equivalents of Rs. 9.5 crore, advances of Rs. 57.49 crore and other current assets of Rs. 83.24 crore. Reported under total equity: share capital of Rs. 700 crore, share premium reserve of Rs. 0 crore, reserve and surplus of Rs. 50.25 crore, retained earnings of Rs. 42.76 crore, other equity of Rs. 1.82 crore and non-controlling interest of Rs. 0 crore. Reported under total non-current liabilities: provisions of Rs. 1.64 crore and other non-current liabilities of Rs. 450.19 crore. Reported under total current liabilities: trade payables of Rs. 2 crore, other current liabilities of Rs. 29.52 crore and income tax liabilities (net) of Rs. 13.47 crore.
In the financial year 2080/81, Himalayan Reinsurance Limited reported opening cash & cash equivalents of Rs. 9.5 crore, net cash from operating activities of Rs. 108.4 crore, net cash from investing activities of Rs. 823.84 crore, net cash from financing activities of Rs. 768.11 crore, net change in cash of Rs. 52.67 crore and closing cash & cash equivalents of Rs. 62.17 crore.
Reported under net cash from operating activities: income tax paid of Rs. 15.53 crore and other operating adjustments of Rs. 123.93 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 6.2 crore, purchase of investments of Rs. 1,089.81 crore, interest received of Rs. 115.01 crore and other investing activities of Rs. 157.16 crore. Reported under net cash from financing activities: interest paid of Rs. 0.11 crore and other financing activities of Rs. 768.23 crore.
In the financial year 2079/80, Himalayan Reinsurance Limited reported opening cash & cash equivalents of Rs. 9.4 crore, net cash from operating activities of Rs. 231.61 crore, net cash from investing activities of Rs. 231.5 crore, net change in cash of Rs. 0.11 crore and closing cash & cash equivalents of Rs. 9.5 crore.
Reported under net cash from operating activities: income tax paid of Rs. 0.98 crore and other operating adjustments of Rs. 232.59 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 2 crore, purchase of investments of Rs. 631.7 crore, interest received of Rs. 80.71 crore and other investing activities of Rs. 941.91 crore.
In the quarter Q4 2082/83, Himalayan Reinsurance Limited reported revenue from operations of Rs. 205.55 crore, gross profit of Rs. 197.6 crore, operating profit of Rs. 327.26 crore, profit before tax of Rs. 327.28 crore and net profit for the year of Rs. 230.12 crore.
Reported under gross profit: cost of sales of Rs. 7.95 crore. Reported under operating profit: other income of Rs. 29.97 crore, selling and distribution expenses of Rs. 40.68 crore, administrative expenses of Rs. 402.22 crore, employee benefit expenses of Rs. 3.58 crore, depreciation and amortisation of Rs. 1.17 crore and other operating expenses of Rs. 107.19 crore. Reported under profit before tax: finance costs of Rs. 0.02 crore. Reported under net profit for the year: current tax of Rs. 97.17 crore.
In the quarter Q3 2082/83, Himalayan Reinsurance Limited reported revenue from operations of Rs. 102.25 crore, gross profit of Rs. 79.87 crore, operating profit of Rs. 124.53 crore, profit before tax of Rs. 124.58 crore and net profit for the year of Rs. 69.47 crore.
Reported under gross profit: cost of sales of Rs. 22.38 crore. Reported under operating profit: other income of Rs. 21.13 crore, selling and distribution expenses of Rs. 26.9 crore, administrative expenses of Rs. 5.77 crore, employee benefit expenses of Rs. 7.06 crore, depreciation and amortisation of Rs. 1.17 crore and other operating expenses of Rs. 198.76 crore. Reported under profit before tax: finance costs of Rs. 0.05 crore. Reported under net profit for the year: current tax of Rs. 55.11 crore.
In the quarter Q2 2082/83, Himalayan Reinsurance Limited reported revenue from operations of Rs. 217.3 crore, gross profit of Rs. 222.99 crore, operating profit of Rs. 72.67 crore, profit before tax of Rs. 72.61 crore and net profit for the year of Rs. 40.19 crore.
Reported under gross profit: cost of sales of Rs. 5.68 crore. Reported under operating profit: other income of Rs. 24.94 crore, selling and distribution expenses of Rs. 52.69 crore, administrative expenses of Rs. 6.01 crore, employee benefit expenses of Rs. 13.26 crore, depreciation and amortisation of Rs. 1.36 crore and other operating expenses of Rs. 101.95 crore. Reported under profit before tax: finance costs of Rs. 0.06 crore. Reported under net profit for the year: current tax of Rs. 32.42 crore.
In the quarter Q1 2082/83, Himalayan Reinsurance Limited reported revenue from operations of Rs. 111.83 crore, gross profit of Rs. 101.1 crore, operating profit of Rs. 34.04 crore, profit before tax of Rs. 33.99 crore and net profit for the year of Rs. 24.79 crore.
Reported under gross profit: cost of sales of Rs. 10.73 crore. Reported under operating profit: other income of Rs. 24.83 crore, selling and distribution expenses of Rs. 25.5 crore, administrative expenses of Rs. 5.7 crore, employee benefit expenses of Rs. 8.69 crore, depreciation and amortisation of Rs. 1.05 crore and other operating expenses of Rs. 50.96 crore. Reported under profit before tax: finance costs of Rs. 0.04 crore. Reported under net profit for the year: current tax of Rs. 9.2 crore.
Values in Rs. Crore unless stated otherwise.
| Particulars | 2082/83 | 2081/82 | 2080/81 | 2079/80 |
|---|---|---|---|---|
| Revenue from Operations | 637 | 686 | 543 | 299 |
| Gross Profit | 602 | 638 | 262 | 112 |
| Cost of Sales | -35.4 | -48.4 | -281 | -187 |
| Operating Profit | -345 | 196 | 175 | 87.6 |
| Other Income | 101 | 138 | 117 | 97.9 |
| Selling and Distribution Expenses | -146 | -147 | -142 | -83.6 |
| Administrative Expenses | -420 | -22.9 | -10.1 | -6.8 |
| Employee Benefit Expenses | -18.5 | -39.0 | -33.1 | -20.6 |
| Depreciation and Amortisation | -4.7 | -3.7 | -3.5 | -2.2 |
| Other Operating Expenses | -459 | -367 | -15.8 | -8.8 |
| Profit Before Tax | -345 | 196 | 175 | 87.5 |
| Finance Costs | -0.18 | -0.14 | -0.34 | -0.31 |
| Other Items | Not reported | Not reported | 0.29 | 0.19 |
| Net Profit for the Year | -235 | 139 | 131 | 64.9 |
| Current Tax | 111 | -56.8 | -44.4 | -22.6 |
Values in Rs. Crore unless stated otherwise.
| Particulars | 2080/81 | 2079/80 |
|---|---|---|
| Total Non-Current Assets | 1,717 | 987 |
| Property, Plant and Equipment | 10.1 | 6.5 |
| Intangible Assets | 4.0 | 1.3 |
| Deferred Tax Assets | 13.1 | 0.98 |
| Investment in Quoted Shares | 23.0 | 22.7 |
| Investment in Subsidiaries | 0.00 | 0.00 |
| Other Financial Assets | 1,667 | 955 |
| Total Current Assets | 424 | 305 |
| Trade Receivables | 173 | 155 |
| Cash and Cash Equivalents | 62.2 | 9.5 |
| Advances | 29.8 | 57.5 |
| Other Current Assets | 159 | 83.2 |
| Total Equity | 1,539 | 795 |
| Share Capital | 1,040 | 700 |
| Share Premium Reserve | 312 | 0.00 |
| Reserve and Surplus | 116 | 50.2 |
| Retained Earnings | 51.4 | 42.8 |
| Other Equity | 13.5 | 1.8 |
| Non-Controlling Interest | 4.9 | 0.00 |
| Total Non-Current Liabilities | 540 | 452 |
| Provisions | 1.6 | 1.6 |
| Other Non-Current Liabilities | 539 | 450 |
| Total Current Liabilities | 61.6 | 45.0 |
| Trade Payables | 11.1 | 2.0 |
| Other Current Liabilities | 40.7 | 29.5 |
| Income Tax Liabilities (Net) | 9.8 | 13.5 |
Values in Rs. Crore unless stated otherwise.
| Particulars | 2080/81 | 2079/80 |
|---|---|---|
| Opening Cash & Cash Equivalents | 9.5 | 9.4 |
| Net Cash from Operating Activities | 108 | 232 |
| Income Tax Paid | -15.5 | -0.98 |
| Other Operating Adjustments | 124 | 233 |
| Net Cash from Investing Activities | -824 | -232 |
| Purchase of Property, Plant and Equipment | -6.2 | -2.0 |
| Purchase of Investments | -1,090 | 632 |
| Interest Received | 115 | 80.7 |
| Other Investing Activities | 157 | -942 |
| Net Cash from Financing Activities | 768 | Not reported |
| Interest Paid | -0.11 | Not reported |
| Other Financing Activities | 768 | Not reported |
| Net Change in Cash | 52.7 | 0.11 |
| Closing Cash & Cash Equivalents | 62.2 | 9.5 |
Figures from Himalayan Reinsurance Limited's quarterly reports, most recent quarter first.
Values in Rs. Crore unless stated otherwise.
| Particulars | Q4 2082/83 | Q3 2082/83 | Q2 2082/83 | Q1 2082/83 | Q4 2081/82 | Q3 2081/82 | Q2 2081/82 | Q1 2081/82 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 206 | 102 | 217 | 112 | 240 | 196 | 144 | 107 |
| Gross Profit | 198 | 79.9 | 223 | 101 | 220 | 189 | 137 | 92.4 |
| Cost of Sales | -7.9 | -22.4 | 5.7 | -10.7 | -19.9 | -7.2 | -7.2 | -14.2 |
| Operating Profit | -327 | -125 | 72.7 | 34.0 | 48.7 | 46.4 | 64.9 | 36.2 |
| Other Income | 30.0 | 21.1 | 24.9 | 24.8 | 35.6 | 27.4 | 42.4 | 33.0 |
| Selling and Distribution Expenses | -40.7 | -26.9 | -52.7 | -25.5 | -48.8 | -44.2 | -29.5 | -24.7 |
| Administrative Expenses | -402 | -5.8 | -6.0 | -5.7 | -7.1 | -5.7 | -4.6 | -5.4 |
| Employee Benefit Expenses | -3.6 | 7.1 | -13.3 | -8.7 | -10.7 | -8.9 | -11.0 | -8.5 |
| Depreciation and Amortisation | -1.2 | -1.2 | -1.4 | -1.0 | -0.96 | -0.95 | -0.88 | -0.96 |
| Other Operating Expenses | -107 | -199 | -102 | -51.0 | -139 | -110 | -68.4 | -49.7 |
| Profit Before Tax | -327 | -125 | 72.6 | 34.0 | 48.8 | 46.3 | 64.9 | 36.1 |
| Finance Costs | -0.02 | -0.05 | -0.06 | -0.04 | 0.04 | -0.06 | -0.04 | -0.09 |
| Net Profit for the Year | -230 | -69.5 | 40.2 | 24.8 | 41.6 | 36.7 | 38.6 | 22.5 |
| Current Tax | 97.2 | 55.1 | -32.4 | -9.2 | -7.1 | -9.6 | -26.3 | -13.6 |
Over the last 15 trading sessions HRL closed between Rs. 465.90 and Rs. 499.00, finishing at Rs. 493.90 on 2026-10-30 against Rs. 499.00 on 2026-10-02.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 2026-10-30 | 480.00 | 498.00 | 478.10 | 493.90 | 1,57,767 |
| 2026-10-29 | 467.00 | 485.90 | 467.00 | 478.80 | 72,046 |
| 2026-10-28 | 465.90 | 470.00 | 462.00 | 468.00 | 84,261 |
| 2026-10-27 | 470.10 | 476.00 | 463.50 | 465.90 | 94,625 |
| 2026-10-26 | 480.00 | 488.00 | 469.00 | 473.00 | 67,271 |
| 2026-10-16 | 474.50 | 481.00 | 474.00 | 479.00 | 29,919 |
| 2026-10-14 | 472.00 | 480.00 | 471.00 | 475.00 | 32,358 |
| 2026-10-13 | 475.00 | 487.00 | 469.00 | 472.10 | 76,498 |
| 2026-10-12 | 490.00 | 490.00 | 483.00 | 483.50 | 46,438 |
| 2026-10-09 | 485.00 | 495.00 | 485.00 | 490.50 | 75,369 |
| 2026-10-08 | 488.00 | 495.00 | 487.00 | 488.90 | 35,003 |
| 2026-10-07 | 495.00 | 498.00 | 486.10 | 492.70 | 49,862 |
| 2026-10-06 | 500.00 | 500.00 | 491.00 | 493.40 | 30,403 |
| 2026-10-05 | 520.00 | 520.00 | 490.10 | 494.00 | 34,437 |
| 2026-10-02 | 475.40 | 504.80 | 475.40 | 499.00 | 60,757 |
2026, between Rs. 462.00 and Rs. 950.00, 2025, between Rs. 747.46 and Rs. 1,139.90 and 2024, between Rs. 284.50 and Rs. 1,014.35.
| Year | Low (Rs.) | High (Rs.) | Sessions |
|---|---|---|---|
| 2026 | 462.00 | 950.00 | 189 |
| 2025 | 747.46 | 1,139.90 | 225 |
| 2024 | 284.50 | 1,014.35 | 227 |
At Rs. 493.90 on 2026-10-30, HRL is up 4.42% over 1 week, down 1.02% over 1 month, down 15.72% over 3 months, down 24.50% over 6 months and down 39.76% over 1 year. Each return compares that close with the last close on or before the same date in the earlier period.
| Period | Return | From price (Rs.) | From date |
|---|---|---|---|
| 1 week | +4.42% | 473.00 | 2026-10-26 |
| 1 month | -1.02% | 499.00 | 2026-10-02 |
| 3 months | -15.72% | 586.00 | 2026-08-04 |
| 6 months | -24.50% | 654.20 | 2026-05-06 |
| 1 year | -39.76% | 819.90 | 2025-11-02 |
HRL traded 1,098 times on 2026-10-30, moving 1,57,767 shares for Rs. 7.75 crore of turnover. Trades went through between Rs. 478.10 and Rs. 498.00.
Largest buyers by volume: broker 45, Imperial Securities Co. Limited on 20,203 shares across 114 trades, broker 57, Arya Tara Investment And Securities Pvt. Ltd. on 14,956 shares across 80 trades, broker 17, ABC Securities Pvt. Limited on 13,991 shares across 99 trades, broker 34, Vision Securities Pvt.Limited on 11,830 shares across 40 trades, broker 90, Sajilo Broker Limited on 7,117 shares across 17 trades, broker 48, Trishakti Securities Public Limited on 6,873 shares across 56 trades, broker 6, Agrawal Securities Pvt. Limited on 5,922 shares across 32 trades, broker 39, Sumeru Securities Pvt.Limited on 5,527 shares across 34 trades, broker 84, Milky Way Share Broker Company Ltd on 5,000 shares across 28 trades and broker 56, Sri Hari Securities Pvt.Ltd on 4,675 shares across 26 trades.
Largest sellers by volume: broker 33, Dakshinkali Investment Securities Pvt.Limited on 19,392 shares across 92 trades, broker 90, Sajilo Broker Limited on 9,066 shares across 33 trades, broker 72, Hatemalo Financial Services Private Limited on 8,498 shares across 33 trades, broker 42, Sani Securities Company Limited on 6,816 shares across 57 trades, broker 6, Agrawal Securities Pvt. Limited on 6,708 shares across 23 trades, broker 56, Sri Hari Securities Pvt.Ltd on 6,391 shares across 34 trades, broker 36, Secured Securities Limited on 5,788 shares across 29 trades, broker 49, Online Securities Limited on 5,480 shares across 53 trades, broker 58, Naasa Securities Co. Ltd. on 5,268 shares across 77 trades and broker 41, Linch Stock Market Limited on 5,236 shares across 19 trades.
Himalayan Reinsurance Limited most recently declared a 4.5% bonus share issue for 2080/2081, announced on 2025-05-18. Percentages are of paid up value. Declared, not necessarily paid: a dividend is subject to the annual general meeting approving it.
| Financial year | Bonus share | Cash dividend | Announced |
|---|---|---|---|
| 2080/2081 | 4.5% | 2025-05-18 | |
| 2079/2080 | 4% | 2024-02-08 |
For 2080/2081 Himalayan Reinsurance Limited declared a 4.5% bonus share issue, announced on 2025-05-18.
For 2079/2080 Himalayan Reinsurance Limited declared a 4% bonus share issue, announced on 2024-02-08.
Annual and special general meetings Himalayan Reinsurance Limited has called. A dividend is declared by the board and approved at the AGM.
4 years of annual statements and 8 quarters of results for HRL, with charts and peer comparison, are free on NepView.
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