Nepal Reinsurance Company Limited (NRIC) Share Price & Fundamentals

Nepal Reinsurance (NRIC) share price is Rs. 790.10, down 0.87% on 2026-10-13. Open Rs. 793.00. High Rs. 794.00. Low Rs. 786.00. Volume 7,144.

Nepal Reinsurance Company Limited is a NEPSE-listed company (NRIC), Others sector. Revenue: Rs. 1,223.7 Crore. Net profit: Rs. 103.55 Crore. Net worth: Rs. 1,832.12 Crore.

About Nepal Reinsurance Company Limited

Nepal Reinsurance Company Limited (Nepal Re) is the country's national reinsurer, incorporated on 7 November 2014 (21 Kartik 2071) and licensed to transact reinsurance on 19 December 2015 (4 Poush 2072) under the Insurance Act 2049. Its registered office is at Central Business Park, Thapathali, Kathmandu. It accepts reinsurance from Nepalese insurers and retrocedes internationally. Its shares were listed on the Nepal Stock Exchange on 10 June 2020 (28 Jestha 2077) under the code NRIC.

Nepal Reinsurance Company Limited (NRIC) has 13,42,21,871 shares outstanding. It listed on NEPSE in 2020.

Company website: www.nepalre.com.np.

NRIC key metrics

NRIC strengths

What Nepal Reinsurance Company Limited's own accounts show in its favour, graded against the rest of its sector.

• Can settle its short term bills 3.84x over, so it is unlikely to run short of cash. (Liquidity)
• Profits cover the interest bill 709.8x over, so loan payments are comfortably affordable. (Leverage & Solvency)
• Keeps 91.2% of every sale after paying to make the product, leaving room for running costs and profit. (Margins)
• 65% of everything it owns was paid for by shareholders rather than borrowed. (Leverage & Solvency)
• Buildings and machinery are a modest 2.1% of assets, so it is not tied to heavy fixed costs. (Efficiency)
• Sales grew 15.6% on last year, so more customers are buying or prices have risen. (Growth)
• Shareholders' stake in the company grew 9.2% over the year, so value is building up. (Shareholder Returns)

NRIC weaknesses

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

• Operating margin is -1.9%, so running costs take too much of what the core business earns. (Margins)
• EBIT margin is 10.6%, below what most of its peers earn before interest and tax. (Profitability)
• Return on the money tied up in the business is 7.5%, so capital is not working hard. (Profitability)
• Profit moved -8.5% on last year, so earnings are not building up. (Growth)
• What the company owns moved -7%, so it is not putting money into growth. (Growth)
• Past profits are 3.7% of shareholder funds, so little has been kept in the business. (Shareholder Returns)
• Return on shareholders' money is 8.5%, less than most savers would expect. (Profitability)
• Net profit margin is 7.4%, less than most of its peers keep once every cost is paid. (Margins)
• Cash is only 1% of what it owns, so there is little spare for a surprise. (Liquidity)
• Return on everything it owns is 5.5%, so its assets are sitting relatively idle. (Profitability)
• Every rupee of assets brings in only 0.35x of sales, so its assets generate little trade. (Efficiency)

NRIC Q3 2082/83 results

In Q3 2082/83 Nepal Reinsurance Company Limited reported profit of Rs. 214.48 crore and revenue from operations of Rs. 270.09 crore. Profit in Q2 2082/83 was a loss of Rs. 12.35 crore. Profit turned from a loss to a profit on the previous quarter. Revenue from operations grew 18.26% on the previous quarter. Profit in Q3 2081/82, the same quarter a year earlier, was Rs. 1.55 crore. Revenue from operations fell 21.89% on the same quarter last year.

NRIC annual results 2081/82

For the financial year 2081/82 Nepal Reinsurance Company Limited reported net profit of Rs. 103.55 crore, revenue from operations of Rs. 1,223.7 crore and net worth of Rs. 1,832.12 crore. Net profit in 2080/81 was Rs. 113.16 crore. Net profit fell 8.50% on the year. Revenue from operations grew 15.57% on the year.

NRIC profit and loss for 2081/82

In the financial year 2081/82, Nepal Reinsurance Company Limited reported revenue from operations of Rs. 1,223.7 crore, gross profit of Rs. 1,115.52 crore, operating profit of Rs. 148.13 crore, profit before tax of Rs. 147.92 crore and net profit for the year of Rs. 103.55 crore.

Reported under gross profit: cost of sales of Rs. 108.17 crore. Reported under operating profit: other income of Rs. 175.39 crore, selling and distribution expenses of Rs. 354.56 crore, administrative expenses of Rs. 6.43 crore, employee benefit expenses of Rs. 25.96 crore, depreciation and amortisation of Rs. 1.66 crore and other operating expenses of Rs. 754.17 crore. Reported under profit before tax: finance costs of Rs. 0.21 crore. Reported under net profit for the year: current tax of Rs. 44.38 crore.

NRIC profit and loss for 2080/81

In the financial year 2080/81, Nepal Reinsurance Company Limited reported revenue from operations of Rs. 1,058.85 crore, gross profit of Rs. 949.25 crore, operating profit of Rs. 161.94 crore, profit before tax of Rs. 161.67 crore and net profit for the year of Rs. 113.16 crore.

Reported under gross profit: cost of sales of Rs. 109.61 crore. Reported under operating profit: other income of Rs. 179.27 crore, selling and distribution expenses of Rs. 356.41 crore, administrative expenses of Rs. 6.14 crore, employee benefit expenses of Rs. 26.47 crore, depreciation and amortisation of Rs. 1.53 crore and other operating expenses of Rs. 576.03 crore. Reported under profit before tax: finance costs of Rs. 0.27 crore. Reported under net profit for the year: current tax of Rs. 48.5 crore.

NRIC profit and loss for 2079/80

In the financial year 2079/80, Nepal Reinsurance Company Limited reported revenue from operations of Rs. 988.04 crore, gross profit of Rs. 265.61 crore, operating profit of Rs. 196.71 crore, profit before tax of Rs. 194.05 crore and net profit for the year of Rs. 155.89 crore.

Reported under gross profit: cost of sales of Rs. 722.43 crore. Reported under operating profit: other income of Rs. 242.78 crore, selling and distribution expenses of Rs. 194.29 crore, employee benefit expenses of Rs. 30.94 crore, depreciation and amortisation of Rs. 1.52 crore and other operating expenses of Rs. 84.93 crore. Reported under profit before tax: finance costs of Rs. 2.66 crore. Reported under net profit for the year: current tax of Rs. 38.16 crore.

NRIC balance sheet for 2079/80

In the financial year 2079/80, Nepal Reinsurance Company Limited reported total non-current assets of Rs. 2,122.91 crore, total current assets of Rs. 695.13 crore, total equity of Rs. 1,832.12 crore, total non-current liabilities of Rs. 805.11 crore and total current liabilities of Rs. 180.82 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 58.8 crore, intangible assets of Rs. 0.05 crore, deferred tax assets of Rs. 13.69 crore, investment in quoted shares of Rs. 2,047.87 crore and other financial assets of Rs. 2.51 crore. Reported under total current assets: trade receivables of Rs. 354.11 crore, cash and cash equivalents of Rs. 29.53 crore, income tax assets (net) of Rs. 46.12 crore and other current assets of Rs. 265.37 crore. Reported under total equity: share capital of Rs. 1,281.35 crore, share premium reserve of Rs. 0 crore, reserve and surplus of Rs. 410.56 crore, retained earnings of Rs. 67.27 crore and other equity of Rs. 72.94 crore. Reported under total non-current liabilities: long term borrowings of Rs. 0 crore, deferred tax liabilities (net) of Rs. 0 crore, other financial liabilities of Rs. 724.85 crore and provisions of Rs. 80.25 crore. Reported under total current liabilities: trade payables of Rs. 143.83 crore and other current liabilities of Rs. 36.98 crore.

NRIC balance sheet for 2078/79

In the financial year 2078/79, Nepal Reinsurance Company Limited reported total non-current assets of Rs. 2,005.84 crore, total current assets of Rs. 1,022.92 crore, total equity of Rs. 1,677.49 crore, total non-current liabilities of Rs. 1,138.75 crore and total current liabilities of Rs. 212.52 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 60.09 crore, intangible assets of Rs. 0.07 crore, deferred tax assets of Rs. 9.46 crore, investment in quoted shares of Rs. 1,935.06 crore and other financial assets of Rs. 1.16 crore. Reported under total current assets: trade receivables of Rs. 638.2 crore, cash and cash equivalents of Rs. 28.37 crore, income tax assets (net) of Rs. 15.19 crore and other current assets of Rs. 341.17 crore. Reported under total equity: share capital of Rs. 1,165 crore, share premium reserve of Rs. 11.31 crore, reserve and surplus of Rs. 320.67 crore, retained earnings of Rs. 111.5 crore and other equity of Rs. 69.01 crore. Reported under total non-current liabilities: long term borrowings of Rs. 30 crore, deferred tax liabilities (net) of Rs. 0 crore, other financial liabilities of Rs. 1,062.03 crore and provisions of Rs. 46.72 crore. Reported under total current liabilities: trade payables of Rs. 135.04 crore and other current liabilities of Rs. 77.47 crore.

NRIC balance sheet for 2077/78

In the financial year 2077/78, Nepal Reinsurance Company Limited reported total non-current assets of Rs. 1,786.33 crore, total current assets of Rs. 1,012.34 crore, total equity of Rs. 1,564.61 crore, total non-current liabilities of Rs. 1,047.48 crore and total current liabilities of Rs. 186.58 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 55.71 crore, intangible assets of Rs. 0.09 crore, deferred tax assets of Rs. 0 crore, investment in quoted shares of Rs. 1,729.26 crore and other financial assets of Rs. 1.28 crore. Reported under total current assets: trade receivables of Rs. 542.64 crore, cash and cash equivalents of Rs. 114.38 crore, income tax assets (net) of Rs. 58.6 crore and other current assets of Rs. 296.72 crore. Reported under total equity: share capital of Rs. 1,000 crore, share premium reserve of Rs. 11.98 crore, reserve and surplus of Rs. 232.79 crore, retained earnings of Rs. 247.58 crore and other equity of Rs. 72.26 crore. Reported under total non-current liabilities: long term borrowings of Rs. 30 crore, deferred tax liabilities (net) of Rs. 1.06 crore, other financial liabilities of Rs. 981.56 crore and provisions of Rs. 34.85 crore. Reported under total current liabilities: trade payables of Rs. 132.36 crore and other current liabilities of Rs. 54.22 crore.

NRIC cash flow for 2079/80

In the financial year 2079/80, Nepal Reinsurance Company Limited reported opening cash & cash equivalents of Rs. 28.37 crore, net cash from operating activities of Rs. 43.7 crore, net cash from investing activities of Rs. 83.3 crore, net cash from financing activities of Rs. 38.45 crore, net change in cash of Rs. 1.16 crore and closing cash & cash equivalents of Rs. 29.53 crore.

Reported under net cash from operating activities: profit before tax of Rs. 194.05 crore, adjustment for depreciation and amortisation of Rs. 1.52 crore, adjustment for finance costs of Rs. 2.66 crore, changes in working capital of Rs. 168.33 crore and income tax paid of Rs. 73.59 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 0.18 crore, purchase of investments of Rs. 107.51 crore, interest received of Rs. 189.91 crore, dividend received of Rs. 2.44 crore and other investing activities of Rs. 1.37 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 30 crore, dividends paid of Rs. 6.12 crore and interest paid of Rs. 2.33 crore.

NRIC cash flow for 2078/79

In the financial year 2078/79, Nepal Reinsurance Company Limited reported opening cash & cash equivalents of Rs. 114.38 crore, net cash from operating activities of Rs. 10.65 crore, net cash from investing activities of Rs. 68.96 crore, net cash from financing activities of Rs. 27.71 crore, net change in cash of Rs. 86.01 crore and closing cash & cash equivalents of Rs. 28.37 crore.

Reported under net cash from operating activities: profit before tax of Rs. 213.92 crore, adjustment for depreciation and amortisation of Rs. 1.17 crore, adjustment for finance costs of Rs. 2.4 crore, changes in working capital of Rs. 178.77 crore and income tax paid of Rs. 28.07 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 2.24 crore, purchase of investments of Rs. 220.3 crore, interest received of Rs. 153.23 crore, dividend received of Rs. 0.25 crore and other investing activities of Rs. 0.1 crore. Reported under net cash from financing activities: dividends paid of Rs. 25 crore, interest paid of Rs. 2.04 crore and other financing activities of Rs. 0.67 crore.

NRIC cash flow for 2077/78

In the financial year 2077/78, Nepal Reinsurance Company Limited reported opening cash & cash equivalents of Rs. 39.81 crore, net cash from operating activities of Rs. 63.76 crore, net cash from investing activities of Rs. 17.78 crore, net cash from financing activities of Rs. 28.59 crore, net change in cash of Rs. 74.58 crore and closing cash & cash equivalents of Rs. 114.38 crore.

Reported under net cash from operating activities: profit before tax of Rs. 60.49 crore, adjustment for depreciation and amortisation of Rs. 0.55 crore, adjustment for finance costs of Rs. 1.36 crore, changes in working capital of Rs. 20.36 crore and income tax paid of Rs. 19.01 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 0.09 crore, purchase of investments of Rs. 149.26 crore, interest received of Rs. 131.32 crore, dividend received of Rs. 0.44 crore and other investing activities of Rs. 0.19 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 30 crore, interest paid of Rs. 1.36 crore and other financing activities of Rs. 0.05 crore.

NRIC quarterly for Q3 2082/83

In the quarter Q3 2082/83, Nepal Reinsurance Company Limited reported revenue from operations of Rs. 270.09 crore, gross profit of Rs. 219.11 crore, operating profit of Rs. 214.5 crore, profit before tax of Rs. 214.48 crore and net profit for the year of Rs. 214.48 crore.

Reported under gross profit: cost of sales of Rs. 50.98 crore. Reported under operating profit: other income of Rs. 21.52 crore, selling and distribution expenses of Rs. 16.66 crore, administrative expenses of Rs. 1.08 crore, employee benefit expenses of Rs. 3.02 crore, depreciation and amortisation of Rs. 0.42 crore and other operating expenses of Rs. 4.95 crore. Reported under profit before tax: finance costs of Rs. 0.01 crore.

NRIC quarterly for Q2 2082/83

In the quarter Q2 2082/83, Nepal Reinsurance Company Limited reported revenue from operations of Rs. 228.39 crore, gross profit of Rs. 199.39 crore, operating profit of Rs. 12.33 crore, profit before tax of Rs. 12.35 crore and net profit for the year of Rs. 12.35 crore.

Reported under gross profit: cost of sales of Rs. 29 crore. Reported under operating profit: other income of Rs. 39.23 crore, selling and distribution expenses of Rs. 69.93 crore, administrative expenses of Rs. 0.84 crore, employee benefit expenses of Rs. 1.57 crore, depreciation and amortisation of Rs. 0.42 crore and other operating expenses of Rs. 178.19 crore. Reported under profit before tax: finance costs of Rs. 0.02 crore.

NRIC quarterly for Q1 2082/83

In the quarter Q1 2082/83, Nepal Reinsurance Company Limited reported revenue from operations of Rs. 181.38 crore, gross profit of Rs. 165.25 crore, operating profit of Rs. 786.13 crore, profit before tax of Rs. 786.16 crore and net profit for the year of Rs. 786.16 crore.

Reported under gross profit: cost of sales of Rs. 16.13 crore. Reported under operating profit: other income of Rs. 23.67 crore, selling and distribution expenses of Rs. 70.87 crore, administrative expenses of Rs. 0.86 crore, employee benefit expenses of Rs. 2.6 crore, depreciation and amortisation of Rs. 0.42 crore and other operating expenses of Rs. 900.31 crore. Reported under profit before tax: finance costs of Rs. 0.03 crore.

NRIC quarterly for Q4 2081/82

In the quarter Q4 2081/82, Nepal Reinsurance Company Limited reported revenue from operations of Rs. 440.16 crore, gross profit of Rs. 403.52 crore, operating profit of Rs. 69.67 crore, profit before tax of Rs. 69.6 crore and net profit for the year of Rs. 48.72 crore.

Reported under gross profit: cost of sales of Rs. 36.64 crore. Reported under operating profit: other income of Rs. 30.22 crore, selling and distribution expenses of Rs. 114.71 crore, administrative expenses of Rs. 3.04 crore, employee benefit expenses of Rs. 9.56 crore, depreciation and amortisation of Rs. 0.48 crore and other operating expenses of Rs. 236.29 crore. Reported under profit before tax: finance costs of Rs. 0.06 crore. Reported under net profit for the year: current tax of Rs. 20.88 crore.

NRIC Profit & Loss

Values in Rs. Crore unless stated otherwise.

NRIC Balance Sheet

Values in Rs. Crore unless stated otherwise.

NRIC Cash Flow

Values in Rs. Crore unless stated otherwise.

NRIC Quarterly Results

Values in Rs. Crore unless stated otherwise.

Nepal Reinsurance share price history

Over the last 15 trading sessions NRIC closed between Rs. 790.10 and Rs. 832.00, finishing at Rs. 790.10 on 2026-10-13 against Rs. 832.00 on 2026-09-22.

NRIC share price by year

2026, between Rs. 752.40 and Rs. 1,352.00, 2025, between Rs. 727.00 and Rs. 1,842.00, 2024, between Rs. 618.62 and Rs. 1,052.00, 2023, between Rs. 558.47 and Rs. 844.83, 2022, between Rs. 512.97 and Rs. 1,165.07 and 2021, between Rs. 835.93 and Rs. 1,497.52.

Nepal Reinsurance share price returns

At Rs. 790.10 on 2026-10-13, NRIC is down 1.85% over 1 week, down 0.87% over 1 month, down 14.58% over 3 months, down 18.76% over 6 months, down 39.19% over 1 year and down 17.15% over 5 years. Each return compares that close with the last close on or before the same date in the earlier period.

NRIC floorsheet for 2026-10-13

NRIC traded 91 times on 2026-10-13, moving 7,144 shares for Rs. 0.56 crore of turnover. Trades went through between Rs. 769.00 and Rs. 794.00.

Largest buyers by volume: broker 13, Thrive Brokerage House Pvt. Limited on 1,500 shares across 2 trades, broker 42, Sani Securities Company Limited on 837 shares across 6 trades, broker 95, Magnet Securities and Investment Company Private Limited on 725 shares across 3 trades, broker 49, Online Securities Limited on 658 shares across 7 trades, broker 57, Arya Tara Investment And Securities Pvt. Ltd. on 493 shares across 7 trades, broker 35, Kohinoor Investment and Securities Pvt.Ltd on 390 shares across 6 trades, broker 3, Arun Securities Pvt. Limited on 294 shares across 7 trades, broker 58, Naasa Securities Co. Ltd. on 292 shares across 9 trades, broker 19, Nepal Investment & Securities Trading Pvt. Limited on 270 shares across 2 trades and broker 38, Dipshika Dhitopatra Karobar Co. Pvt.Limited on 247 shares across 5 trades.

Largest sellers by volume: broker 48, Trishakti Securities Public Limited on 3,512 shares across 20 trades, broker 39, Sumeru Securities Pvt.Limited on 620 shares across 6 trades, broker 41, Linch Stock Market Limited on 512 shares across 2 trades, broker 17, ABC Securities Pvt. Limited on 400 shares across 8 trades, broker 77, Nabil Stock Dealer Limited on 400 shares across 7 trades, broker 58, Naasa Securities Co. Ltd. on 254 shares across 10 trades, broker 38, Dipshika Dhitopatra Karobar Co. Pvt.Limited on 200 shares across 3 trades, broker 36, Secured Securities Limited on 200 shares across 1 trades, broker 45, Imperial Securities Co. Limited on 194 shares across 4 trades and broker 44, Dynamic Money Managers Securities Pvt.Ltd on 107 shares across 6 trades.

NRIC dividend history: bonus shares and cash dividend

Nepal Reinsurance Company Limited most recently declared a 4.75% bonus share issue for 2079/2080, announced on 2024-05-08. Percentages are of paid up value. Declared, not necessarily paid: a dividend is subject to the annual general meeting approving it.

For 2079/2080 Nepal Reinsurance Company Limited declared a 4.75% bonus share issue, announced on 2024-05-08.

For 2078/2079 Nepal Reinsurance Company Limited declared a 4.75% bonus share issue, announced on 2023-06-09.

For 2077/2078 Nepal Reinsurance Company Limited declared a 5% bonus share issue, announced on 2022-08-28.

For 2076/2077 Nepal Reinsurance Company Limited declared a 16.5% bonus share issue and a 2.5% cash dividend, 19% in total, announced on 2021-12-14.

NRIC general meetings

Annual and special general meetings Nepal Reinsurance Company Limited has called. A dividend is declared by the board and approved at the AGM.

• 9th AGM for 2079/2080: on 2024-05-30, at Anupam Foodland and Banquet, Battisputali, Kathmandu (9:30 AM)
• 18th AGM for 2078/2079: on 2023-06-30, at Amritbhog, Kalikasthan, Kathmandu (11:00 AM)
• 8th AGM for 2078/2079

5 years of annual statements and 11 quarters of results for NRIC, 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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