Neco Insurance Limited (NIL) Share Price & Fundamentals

Neco Insurance (NIL) share price is Rs. 517.90, up 0.17% on 2026-10-12. Open Rs. 520.00. High Rs. 520.00. Low Rs. 514.00. Volume 5,423.

Neco Insurance Limited is a NEPSE-listed company (NIL), Non Life Insurance sector. Premium: Rs. 194.06 Crore. Net profit: Rs. 28.25 Crore. Net worth: Rs. 631.01 Crore.

About Neco Insurance Limited

Neco Insurance Limited is a non-life (general) insurance company of Nepal, headquartered at Beema Bhawan, Gyaneshwor, Kathmandu. Listed on NEPSE under the Non-Life Insurance sector, it provides fire, motor, marine, engineering, aviation, micro and miscellaneous general insurance products through a nationwide branch network, prepared under Nepal Financial Reporting Standards (NFRS).

Neco Insurance Limited (NIL) has 2,77,22,783 shares outstanding. It listed on NEPSE in 1998. Its most recent declared dividend was 12.79% on face value.

NIL key metrics

NIL strengths

What Neco Insurance Limited's own accounts show in its favour, graded against the rest of its sector.

• Holds 5.06x of the safety capital required, comfortably above the 1.5 times the regulator sets. (Solvency)
• 57.2% of what it owns belongs to shareholders rather than policyholders and lenders. (Solvency)
• Has 71.4% set aside against claims already reported, so it is well prepared to pay. (Claims & Reserving)
• Earns 5.2% a year on everything it owns, so its investments are working well. (Profitability)
• Holds 56.9% against premiums for cover that has not yet run out, a healthy buffer. (Liability Strength)
• Turns 11.1% of its income into profit once every cost is paid. (Profitability)
• Premiums written directly with customers grew 11.5% on last year. (Premium Growth & Scale)
• The company grew 14.3% bigger over the year. (Shareholder Returns)

NIL weaknesses

What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.

• Earns only 4.1% on the money it holds, so those funds are underused. (Investment Performance)
• Only 34.9% of customers renew, so it loses much of the business it wins. (Claims & Reserving)
• Keeps only 21.3% of premiums written, so most income goes to reinsurers. (Underwriting Performance)
• Each share earned only Rs 10.19 of profit over the year. (Shareholder Returns)
• Running costs take 38.1% of premiums, a heavy load on what customers pay in. (Underwriting Performance)
• Only 7.2% of income comes from investments, so it depends on premiums alone. (Investment Performance)
• Claims and costs together are 104.8% of premiums. Above 100% means it loses money on insurance and relies on investments. (Underwriting Performance)
• 66.7% of premiums go out as claims, so there is little margin on what it sells. (Underwriting Performance)
• Premiums moved 2.1% on last year, so the business is not expanding. (Premium Growth & Scale)
• Earns only 9.2% a year on shareholders' money, below what owners would hope for. (Profitability)
• Sets aside only 9.4% above its best estimate, so reserves may fall short. (Liability Strength)
• Passes most risk on, keeping only 58.8%, so much of the premium goes elsewhere. (Claims & Reserving)
• The number of policies issued moved 2.9%, so the customer base is not growing. (Premium Growth & Scale)
• Only 32.1% is set aside to meet the policies it has written, which is light. (Liability Strength)

NIL Q4 2082/83 results

In Q4 2082/83 Neco Insurance Limited reported profit of Rs. 12.44 crore and net earned premiums of Rs. 71.35 crore. Profit in Q3 2082/83 was Rs. 14.73 crore. Profit fell 15.58% on the previous quarter. Net earned premiums grew 34.58% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 18.15 crore. Profit fell 31.48% on the same quarter last year. Net earned premiums grew 45.13% on the same quarter last year.

NIL annual results 2082/83

For the financial year 2082/83 Neco Insurance Limited reported net profit of Rs. 28.25 crore, net earned premiums of Rs. 194.06 crore and net worth of Rs. 631.01 crore. Net profit in 2081/82 was Rs. 57.88 crore. Net profit fell 51.20% on the year. Net earned premiums grew 2.10% on the year.

NIL profit and loss for 2082/83

In the financial year 2082/83, Neco Insurance Limited reported net earned premiums of Rs. 194.06 crore, other income of Rs. 61.04 crore, total income of Rs. 255.11 crore, net claims incurred of Rs. 129.45 crore, other expenses of Rs. 84.46 crore, total expenses of Rs. 213.92 crore, profit before tax of Rs. 41.19 crore and net profit for the year of Rs. 28.25 crore.

Reported under net earned premiums: gross earned premiums of Rs. 329.87 crore and premiums ceded of Rs. 135.81 crore. Reported under other income: commission income of Rs. 35.37 crore, other direct income of Rs. 2.8 crore, income from investments & loans of Rs. 18.48 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 2.51 crore and other income of Rs. 1.87 crore. Reported under net claims incurred: gross claims paid of Rs. 189.02 crore, claims ceded of Rs. 77.98 crore, gross change in contract liabilities of Rs. 96.19 crore and change in contract liabilities ceded to reinsurers of Rs. 77.78 crore. Reported under other expenses: commission expenses of Rs. 5.99 crore, service fees of Rs. 1.68 crore, other direct expenses of Rs. 0.28 crore, employee benefits expenses of Rs. 49.81 crore, depreciation and amortization expenses of Rs. 7.13 crore, other operating expenses of Rs. 18.1 crore and finance cost of Rs. 1.48 crore. Reported under net profit for the year: income tax expense of Rs. 12.94 crore.

NIL profit and loss for 2081/82

In the financial year 2081/82, Neco Insurance Limited reported net earned premiums of Rs. 190.07 crore, other income of Rs. 79.81 crore, total income of Rs. 269.88 crore, net claims incurred of Rs. 99.26 crore, other expenses of Rs. 85.5 crore, total expenses of Rs. 184.76 crore, profit before tax of Rs. 85.12 crore and net profit for the year of Rs. 57.88 crore.

Reported under net earned premiums: gross earned premiums of Rs. 344.74 crore and premiums ceded of Rs. 154.67 crore. Reported under other income: commission income of Rs. 41.21 crore, other direct income of Rs. 2.55 crore, income from investments & loans of Rs. 28.65 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 5.72 crore and other income of Rs. 1.68 crore. Reported under net claims incurred: gross claims paid of Rs. 167.15 crore, claims ceded of Rs. 74.7 crore, gross change in contract liabilities of Rs. 28.95 crore and change in contract liabilities ceded to reinsurers of Rs. 22.14 crore. Reported under other expenses: commission expenses of Rs. 5.98 crore, service fees of Rs. 1.39 crore, other direct expenses of Rs. 0.42 crore, employee benefits expenses of Rs. 48.2 crore, depreciation and amortization expenses of Rs. 7.45 crore, impairment losses of Rs. 2.28 crore, other operating expenses of Rs. 18.83 crore and finance cost of Rs. 0.94 crore. Reported under net profit for the year: income tax expense of Rs. 27.24 crore.

NIL profit and loss for 2080/81

In the financial year 2080/81, Neco Insurance Limited reported net earned premiums of Rs. 160.28 crore, other income of Rs. 81.91 crore, total income of Rs. 242.19 crore, net claims incurred of Rs. 76.68 crore, other expenses of Rs. 78.45 crore, total expenses of Rs. 155.14 crore, profit before tax of Rs. 87.06 crore and net profit for the year of Rs. 59.05 crore.

Reported under net earned premiums: gross earned premiums of Rs. 287.7 crore and premiums ceded of Rs. 127.42 crore. Reported under other income: commission income of Rs. 34.12 crore, other direct income of Rs. 1.67 crore, income from investments & loans of Rs. 44.99 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0.02 crore and other income of Rs. 1.1 crore. Reported under net claims incurred: gross claims paid of Rs. 103.51 crore, claims ceded of Rs. 29.96 crore, gross change in contract liabilities of Rs. 3.54 crore and change in contract liabilities ceded to reinsurers of Rs. 0.41 crore. Reported under other expenses: commission expenses of Rs. 5.24 crore, service fees of Rs. 1.34 crore, other direct expenses of Rs. 0.29 crore, employee benefits expenses of Rs. 44.87 crore, depreciation and amortization expenses of Rs. 7.97 crore, impairment losses of Rs. 2.22 crore, other operating expenses of Rs. 15.49 crore and finance cost of Rs. 1.03 crore. Reported under net profit for the year: income tax expense of Rs. 28.01 crore.

NIL balance sheet for 2081/82

In the financial year 2081/82, Neco Insurance Limited reported total assets of Rs. 1,103.41 crore, total liabilities of Rs. 472.4 crore and total equity of Rs. 631.01 crore.

Reported under total assets: goodwill & intangible assets of Rs. 0.38 crore, property and equipment of Rs. 65.65 crore, investment properties of Rs. 6.12 crore, deferred tax assets of Rs. 0 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investments of Rs. 691.15 crore, loans of Rs. 0 crore, reinsurance assets of Rs. 187.34 crore, current tax assets of Rs. 8.33 crore, insurance receivables of Rs. 19.79 crore, other assets of Rs. 25.13 crore, other financial assets of Rs. 13.19 crore and cash and cash equivalent of Rs. 86.32 crore. Reported under total liabilities: provisions of Rs. 3.31 crore, gross insurance contract liabilities of Rs. 353.92 crore, deferred tax liabilities of Rs. 0.85 crore, insurance payables of Rs. 52.98 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 37.05 crore and other financial liabilities of Rs. 24.29 crore. Reported under total equity: share capital of Rs. 251.55 crore, share application money pending allotment of Rs. 0 crore, share premium of Rs. 11.18 crore, special reserves of Rs. 231.37 crore, catastrophe reserves of Rs. 16.72 crore, retained earnings of Rs. 76.77 crore and other equity of Rs. 43.43 crore.

NIL balance sheet for 2080/81

In the financial year 2080/81, Neco Insurance Limited reported total assets of Rs. 965.65 crore, total liabilities of Rs. 450.81 crore and total equity of Rs. 514.85 crore.

Reported under total assets: goodwill & intangible assets of Rs. 0.35 crore, property and equipment of Rs. 65.76 crore, investment properties of Rs. 6.46 crore, deferred tax assets of Rs. 5.29 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investments of Rs. 632.89 crore, loans of Rs. 0 crore, reinsurance assets of Rs. 170.62 crore, current tax assets of Rs. 3.45 crore, insurance receivables of Rs. 5.68 crore, other assets of Rs. 9.8 crore, other financial assets of Rs. 18.82 crore and cash and cash equivalent of Rs. 46.52 crore. Reported under total liabilities: provisions of Rs. 2.91 crore, gross insurance contract liabilities of Rs. 341.52 crore, deferred tax liabilities of Rs. 0 crore, insurance payables of Rs. 44.07 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 43.6 crore and other financial liabilities of Rs. 18.71 crore. Reported under total equity: share capital of Rs. 201.24 crore, share application money pending allotment of Rs. 16.69 crore, share premium of Rs. 0 crore, special reserves of Rs. 202.48 crore, catastrophe reserves of Rs. 13.83 crore, retained earnings of Rs. 51.36 crore and other equity of Rs. 29.25 crore.

NIL balance sheet for 2079/80

In the financial year 2079/80, Neco Insurance Limited reported total assets of Rs. 832.15 crore, total liabilities of Rs. 391.17 crore and total equity of Rs. 440.98 crore.

Reported under total assets: goodwill & intangible assets of Rs. 0.33 crore, property and equipment of Rs. 59.43 crore, investment properties of Rs. 6.8 crore, deferred tax assets of Rs. 0 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investments of Rs. 509.73 crore, loans of Rs. 0 crore, reinsurance assets of Rs. 162.28 crore, current tax assets of Rs. 2.53 crore, insurance receivables of Rs. 19.67 crore, other assets of Rs. 8.67 crore, other financial assets of Rs. 26.27 crore and cash and cash equivalent of Rs. 36.44 crore. Reported under total liabilities: provisions of Rs. 6.86 crore, gross insurance contract liabilities of Rs. 312.07 crore, deferred tax liabilities of Rs. 0.37 crore, insurance payables of Rs. 19.61 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 33.65 crore and other financial liabilities of Rs. 18.6 crore. Reported under total equity: share capital of Rs. 201.24 crore, share application money pending allotment of Rs. 0 crore, share premium of Rs. 0 crore, special reserves of Rs. 175.5 crore, catastrophe reserves of Rs. 11.13 crore, retained earnings of Rs. 27.61 crore and other equity of Rs. 25.5 crore.

NIL cash flow for 2081/82

In the financial year 2081/82, Neco Insurance Limited reported opening cash & cash equivalents of Rs. 46.52 crore, net cash flow from operating activities of Rs. 88.34 crore, net cash flow from investing activities of Rs. 30.91 crore, net cash flow from financing activities of Rs. 17.63 crore, net change in cash of Rs. 39.8 crore and closing cash & cash equivalents of Rs. 86.32 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 328.19 crore, reinsurance commission received of Rs. 41.21 crore, claim recovery received from reinsurers of Rs. 74.7 crore, other direct income received of Rs. 2.55 crore, other income received of Rs. 1.68 crore, gross benefits and claims paid of Rs. 167.15 crore, reinsurance premium paid of Rs. 149.25 crore, commission paid of Rs. 5.98 crore, service fees paid of Rs. 1.39 crore, employee benefits expenses paid of Rs. 48.2 crore, other expenses paid of Rs. 18.83 crore, other direct expenses paid of Rs. 0.42 crore, changes in working capital of Rs. 63.24 crore and income tax paid of Rs. 32 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.11 crore, acquisitions of property & equipment of Rs. 6.92 crore, purchase of equity instruments of Rs. 28.78 crore, proceeds from sale of equity instruments of Rs. 5.72 crore, purchase of debentures of Rs. 7.06 crore, investments in deposits of Rs. 32.11 crore, maturity of deposits of Rs. 0 crore, rental income received of Rs. 0.92 crore, interest income received of Rs. 27.09 crore, dividend received of Rs. 0.63 crore and other investing activities of Rs. 4.43 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 0.94 crore, proceeds from issue of share capital of Rs. 0 crore, dividend paid of Rs. 0 crore, proceeds from share application money pending allotment of Rs. 16.69 crore and other financing activities of Rs. 0 crore.

NIL cash flow for 2080/81

In the financial year 2080/81, Neco Insurance Limited reported opening cash & cash equivalents of Rs. 36.44 crore, net cash flow from operating activities of Rs. 86.56 crore, net cash flow from investing activities of Rs. 92.13 crore, net cash flow from financing activities of Rs. 15.65 crore, net change in cash of Rs. 10.08 crore and closing cash & cash equivalents of Rs. 46.52 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 314.11 crore, reinsurance commission received of Rs. 34.12 crore, claim recovery received from reinsurers of Rs. 29.96 crore, other direct income received of Rs. 1.67 crore, other income received of Rs. 1.1 crore, gross benefits and claims paid of Rs. 103.51 crore, reinsurance premium paid of Rs. 135.86 crore, commission paid of Rs. 5.24 crore, service fees paid of Rs. 1.34 crore, employee benefits expenses paid of Rs. 44.87 crore, other expenses paid of Rs. 15.49 crore, other direct expenses paid of Rs. 0.29 crore, changes in working capital of Rs. 46.2 crore and income tax paid of Rs. 34.01 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.1 crore, acquisitions of property & equipment of Rs. 13.89 crore, purchase of equity instruments of Rs. 32.72 crore, proceeds from sale of equity instruments of Rs. 0 crore, purchase of debentures of Rs. 0.91 crore, investments in deposits of Rs. 88.23 crore, maturity of deposits of Rs. 0 crore, rental income received of Rs. 0.91 crore, interest income received of Rs. 43.61 crore, dividend received of Rs. 0.47 crore and other investing activities of Rs. 1.29 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 1.03 crore, proceeds from issue of share capital of Rs. 0 crore, dividend paid of Rs. 0 crore, proceeds from share application money pending allotment of Rs. 16.69 crore and other financing activities of Rs. 0 crore.

NIL cash flow for 2079/80

In the financial year 2079/80, Neco Insurance Limited reported opening cash & cash equivalents of Rs. 21.76 crore, net cash flow from operating activities of Rs. 63.94 crore, net cash flow from investing activities of Rs. 47.01 crore, net cash flow from financing activities of Rs. 2.24 crore, net change in cash of Rs. 14.69 crore and closing cash & cash equivalents of Rs. 36.44 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 303.33 crore, reinsurance commission received of Rs. 34.72 crore, claim recovery received from reinsurers of Rs. 86.61 crore, other direct income received of Rs. 1.23 crore, other income received of Rs. 1.01 crore, gross benefits and claims paid of Rs. 165.84 crore, reinsurance premium paid of Rs. 138.24 crore, commission paid of Rs. 6.85 crore, service fees paid of Rs. 1.81 crore, employee benefits expenses paid of Rs. 41.07 crore, other expenses paid of Rs. 13.09 crore, other direct expenses paid of Rs. 0.56 crore, changes in working capital of Rs. 35.61 crore and income tax paid of Rs. 31.12 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.01 crore, acquisitions of property & equipment of Rs. 13.45 crore, purchase of equity instruments of Rs. 45.87 crore, proceeds from sale of equity instruments of Rs. 0 crore, purchase of debentures of Rs. 1 crore, investments in deposits of Rs. 30.63 crore, maturity of deposits of Rs. 0 crore, rental income received of Rs. 0.86 crore, interest income received of Rs. 44.61 crore, dividend received of Rs. 0.22 crore and other investing activities of Rs. 1.73 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 0.68 crore, proceeds from issue of share capital of Rs. 0 crore, dividend paid of Rs. 1.38 crore, proceeds from share application money pending allotment of Rs. 0 crore and other financing activities of Rs. 0.18 crore.

NIL quarterly for Q4 2082/83

In the quarter Q4 2082/83, Neco Insurance Limited reported net earned premiums of Rs. 71.35 crore, other income of Rs. 13.05 crore, total income of Rs. 84.4 crore, net claims incurred of Rs. 39.15 crore, other expenses of Rs. 26.65 crore, total expenses of Rs. 65.8 crore, profit before tax of Rs. 18.6 crore and net profit for the year of Rs. 12.44 crore.

Reported under net earned premiums: gross earned premiums of Rs. 117.28 crore and premiums ceded of Rs. 45.93 crore. Reported under other income: commission income of Rs. 6.84 crore, other direct income of Rs. 1.39 crore, income from investments & loans of Rs. 4.05 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0.15 crore and other income of Rs. 0.62 crore. Reported under net claims incurred: gross claims paid of Rs. 55.74 crore, claims ceded of Rs. 16.78 crore, gross change in contract liabilities of Rs. 3.26 crore and change in contract liabilities ceded to reinsurers of Rs. 3.46 crore. Reported under other expenses: commission expenses of Rs. 0.86 crore, service fees of Rs. 0.42 crore, other direct expenses of Rs. 0.12 crore, employee benefits expenses of Rs. 17.02 crore, depreciation and amortization expenses of Rs. 3.83 crore, other operating expenses of Rs. 2.92 crore and finance cost of Rs. 1.48 crore. Reported under net profit for the year: income tax expense of Rs. 6.17 crore.

NIL quarterly for Q3 2082/83

In the quarter Q3 2082/83, Neco Insurance Limited reported net earned premiums of Rs. 53.02 crore, other income of Rs. 14.97 crore, total income of Rs. 67.99 crore, net claims incurred of Rs. 24.79 crore, other expenses of Rs. 22.15 crore, total expenses of Rs. 46.94 crore, profit before tax of Rs. 21.05 crore and net profit for the year of Rs. 14.73 crore.

Reported under net earned premiums: gross earned premiums of Rs. 94.05 crore and premiums ceded of Rs. 41.03 crore. Reported under other income: commission income of Rs. 9.57 crore, other direct income of Rs. 0.53 crore, income from investments & loans of Rs. 3.77 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0.68 crore and other income of Rs. 0.43 crore. Reported under net claims incurred: gross claims paid of Rs. 40.83 crore, claims ceded of Rs. 17.48 crore, gross change in contract liabilities of Rs. 6.76 crore and change in contract liabilities ceded to reinsurers of Rs. 5.3 crore. Reported under other expenses: commission expenses of Rs. 2.03 crore, service fees of Rs. 0.43 crore, other direct expenses of Rs. 0.03 crore, employee benefits expenses of Rs. 11.87 crore, depreciation and amortization expenses of Rs. 1.28 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 6.53 crore and finance cost of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 6.31 crore.

NIL quarterly for Q2 2082/83

In the quarter Q2 2082/83, Neco Insurance Limited reported net earned premiums of Rs. 40.15 crore, other income of Rs. 15.38 crore, total income of Rs. 55.53 crore, net claims incurred of Rs. 24.64 crore, other expenses of Rs. 17.47 crore, total expenses of Rs. 42.12 crore, profit before tax of Rs. 13.42 crore and net profit for the year of Rs. 9.39 crore.

Reported under net earned premiums: gross earned premiums of Rs. 65.92 crore and premiums ceded of Rs. 25.77 crore. Reported under other income: commission income of Rs. 8.93 crore, other direct income of Rs. 0.54 crore, income from investments & loans of Rs. 5.38 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0.11 crore and other income of Rs. 0.42 crore. Reported under net claims incurred: gross claims paid of Rs. 39.46 crore, claims ceded of Rs. 15.11 crore, gross change in contract liabilities of Rs. 13.43 crore and change in contract liabilities ceded to reinsurers of Rs. 13.14 crore. Reported under other expenses: commission expenses of Rs. 1.31 crore, service fees of Rs. 0.41 crore, other direct expenses of Rs. 0.1 crore, employee benefits expenses of Rs. 9.94 crore, depreciation and amortization expenses of Rs. 0.86 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 4.85 crore and finance cost of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 4.02 crore.

NIL quarterly for Q1 2082/83

In the quarter Q1 2082/83, Neco Insurance Limited reported net earned premiums of Rs. 29.54 crore, other income of Rs. 17.64 crore, total income of Rs. 47.18 crore, net claims incurred of Rs. 40.87 crore, other expenses of Rs. 18.19 crore, total expenses of Rs. 59.06 crore, profit before tax of Rs. 11.88 crore and net profit for the year of Rs. 8.31 crore.

Reported under net earned premiums: gross earned premiums of Rs. 52.63 crore and premiums ceded of Rs. 23.09 crore. Reported under other income: commission income of Rs. 10.04 crore, other direct income of Rs. 0.35 crore, income from investments & loans of Rs. 5.29 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 1.56 crore and other income of Rs. 0.4 crore. Reported under net claims incurred: gross claims paid of Rs. 53 crore, claims ceded of Rs. 28.61 crore, gross change in contract liabilities of Rs. 79.27 crore and change in contract liabilities ceded to reinsurers of Rs. 62.79 crore. Reported under other expenses: commission expenses of Rs. 1.79 crore, service fees of Rs. 0.43 crore, other direct expenses of Rs. 0.02 crore, employee benefits expenses of Rs. 10.99 crore, depreciation and amortization expenses of Rs. 1.16 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 3.8 crore and finance cost of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 3.56 crore.

NIL Profit & Loss

Values in Rs. Crore unless stated otherwise.

NIL Balance Sheet

Values in Rs. Crore unless stated otherwise.

NIL Cash Flow

Values in Rs. Crore unless stated otherwise.

NIL Quarterly Results

Values in Rs. Crore unless stated otherwise.

Neco Insurance share price history

Over the last 15 trading sessions NIL closed between Rs. 511.00 and Rs. 535.50, finishing at Rs. 517.90 on 2026-10-12 against Rs. 535.50 on 2026-09-18.

NIL share price by year

2026, between Rs. 502.80 and Rs. 685.00, 2025, between Rs. 545.63 and Rs. 761.07, 2024, between Rs. 562.56 and Rs. 780.33, 2023, between Rs. 501.65 and Rs. 704.84, 2022, between Rs. 397.50 and Rs. 775.59 and 2021, between Rs. 539.58 and Rs. 921.06.

Neco Insurance share price returns

At Rs. 517.90 on 2026-10-12, NIL is down 1.28% over 1 week, up 0.56% over 1 month, down 15.65% over 3 months, down 19.08% over 6 months, down 9.57% over 1 year and down 28.14% over 5 years. Each return compares that close with the last close on or before the same date in the earlier period.

NIL floorsheet for 2026-10-12

NIL traded 54 times on 2026-10-12, moving 5,423 shares for Rs. 0.28 crore of turnover. Trades went through between Rs. 514.00 and Rs. 520.00.

Largest buyers by volume: broker 51, Oxford Securities Pvt.Ltd on 1,020 shares across 4 trades, broker 29, Trishul Securities And Investment Limited on 1,000 shares across 4 trades, broker 6, Agrawal Securities Pvt. Limited on 1,000 shares across 3 trades, broker 34, Vision Securities Pvt.Limited on 504 shares across 4 trades, broker 58, Naasa Securities Co. Ltd. on 490 shares across 10 trades, broker 43, South Asian Bulls Pvt.Limited on 279 shares across 5 trades, broker 7, J.F. Securities Company Pvt. Limited on 230 shares across 2 trades, broker 42, Sani Securities Company Limited on 200 shares across 1 trades, broker 45, Imperial Securities Co. Limited on 141 shares across 3 trades and broker 3, Arun Securities Pvt. Limited on 100 shares across 2 trades.

Largest sellers by volume: broker 49, Online Securities Limited on 2,030 shares across 19 trades, broker 6, Agrawal Securities Pvt. Limited on 1,103 shares across 4 trades, broker 58, Naasa Securities Co. Ltd. on 900 shares across 3 trades, broker 45, Imperial Securities Co. Limited on 302 shares across 5 trades, broker 48, Trishakti Securities Public Limited on 226 shares across 3 trades, broker 77, Nabil Stock Dealer Limited on 160 shares across 1 trades, broker 17, ABC Securities Pvt. Limited on 131 shares across 5 trades, broker 4, Stock Broker Opal Securities Investment Pvt. Limited on 100 shares across 2 trades, broker 41, Linch Stock Market Limited on 100 shares across 1 trades and broker 51, Oxford Securities Pvt.Ltd on 100 shares across 2 trades.

NIL dividend history: bonus shares and cash dividend

Neco Insurance Limited most recently declared a 3% bonus share issue and a 12.7894% cash dividend, 15.7894% in total for 2081/2082, announced on 2026-02-01. Percentages are of paid up value. Declared, not necessarily paid: a dividend is subject to the annual general meeting approving it.

For 2081/2082 Neco Insurance Limited declared a 3% bonus share issue and a 12.7894% cash dividend, 15.7894% in total, announced on 2026-02-01.

For 2080/2081 Neco Insurance Limited declared a 7% bonus share issue, announced on 2025-05-02.

For 2078/2079 Neco Insurance Limited declared a 15% bonus share issue, announced on 2023-01-06.

For 2077/2078 Neco Insurance Limited declared a 15% bonus share issue, announced on 2022-03-02.

NIL right share issues

Right issues Neco Insurance Limited has announced. A right share is offered to existing shareholders in proportion to what they already hold.

• : ratio 1:0.25, opens 2025-02-20, closes 2025-03-27
• : ratio 25%
• : ratio 25%

NIL general meetings

Annual and special general meetings Neco Insurance Limited has called. A dividend is declared by the board and approved at the AGM.

• 30th AGM for 2081/2082: on 2026-02-23, at Lisara Receptions, Naxal, Kathmandu (11:00 AM)
• 29th AGM for 2080/2081: on 2025-05-23, at Lisara Receptions, Naxal, Kathmandu (11:00 AM)
• 28th AGM for 2079/2080: on 2024-01-26, at Lisara Receptions, Naxal, Kathmandu (11:00 AM)

6 years of annual statements and 9 quarters of results for NIL, with charts and peer comparison, are free on NepView.

New to these statements? How to read a profit and loss statement, How to read a balance sheet, How to read a cash flow statement, How to read quarterly results.

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