Sagarmatha Lumbini Insurance Co. Limited (SALICO) Share Price & Fundamentals

Sagarmatha Lumbini Insurance (SALICO) share price is Rs. 525.00, down 1.87% on 2026-10-12. Open Rs. 526.00. High Rs. 534.00. Low Rs. 525.00. Volume 2,631.

Sagarmatha Lumbini Insurance Co. Limited is a NEPSE-listed company (SALICO), Non Life Insurance sector. Premium: Rs. 233.96 Crore. Net profit: Rs. 31.31 Crore. Net worth: Rs. 637.17 Crore.

About Sagarmatha Lumbini Insurance Co. Limited

Sagarmatha Lumbini Insurance Company Limited (SALICO) is a non-life (general) insurance company in Nepal, formed from the merger of Sagarmatha Insurance Company Limited and Lumbini General Insurance Limited (joint operations from FY2079/80). Originally established in 1996 as the first foreign joint venture with Ceylinco Insurance PLC, Sri Lanka. Registered office: Surakshan Bhawan, Bhagawati Marg, Naxal, Kathmandu. Paid-up capital NPR 2,622.64 million.

Sagarmatha Lumbini Insurance Co. Limited (SALICO) has 2,62,26,382 shares outstanding. It listed on NEPSE in 2001. Its most recent declared dividend was 15.00% on face value.

Company website: salico.com.np.

SALICO key metrics

SALICO strengths

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

• Holds 3.31x of the safety capital required, comfortably above the 1.5 times the regulator sets. (Solvency)
• 43.3% of what it owns belongs to shareholders rather than policyholders and lenders. (Solvency)
• Holds 116.1% against premiums for cover that has not yet run out, a healthy buffer. (Liability Strength)
• Premiums collected grew 14.7% on last year, so the insurer is writing more business. (Premium Growth & Scale)
• Earns 3.4% a year on everything it owns, so its investments are working well. (Profitability)
• Sets aside 13.1% more than its best estimate of claims, a cautious cushion. (Liability Strength)
• 45.4% of what it owns is set aside to meet the policies it has written. (Liability Strength)

SALICO weaknesses

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

• Claims and costs together are 116.3% of premiums. Above 100% means it loses money on insurance and relies on investments. (Underwriting Performance)
• 79.9% of premiums go out as claims, so there is little margin on what it sells. (Underwriting Performance)
• Earns only 7.9% a year on shareholders' money, below what owners would hope for. (Profitability)
• Premiums written directly with customers moved -7.4% on last year. (Premium Growth & Scale)
• Keeps only 20.7% of premiums written, so most income goes to reinsurers. (Underwriting Performance)
• Each share earned only Rs 11.94 of profit over the year. (Shareholder Returns)
• Earns only 5.2% on the money it holds, so those funds are underused. (Investment Performance)
• Only 48% of customers renew, so it loses much of the business it wins. (Claims & Reserving)
• Only 7.2% of income comes from investments, so it depends on premiums alone. (Investment Performance)
• Passes most risk on, keeping only 49.1%, so much of the premium goes elsewhere. (Claims & Reserving)
• The company's size moved -2.7% over the year. (Shareholder Returns)
• Running costs take 36.5% of premiums, a heavy load on what customers pay in. (Underwriting Performance)
• Has only 41.7% set aside against reported claims, which is light cover. (Claims & Reserving)
• Only 9.6% of income becomes profit once costs are paid. (Profitability)
• The number of policies issued moved 3.9%, so the customer base is not growing. (Premium Growth & Scale)

SALICO Q4 2082/83 results

In Q4 2082/83 Sagarmatha Lumbini Insurance Co. Limited reported profit of Rs. 17.99 crore and net earned premiums of Rs. 86.54 crore. Profit in Q3 2082/83 was Rs. 9.59 crore. Profit grew 87.63% on the previous quarter. Net earned premiums grew 179.13% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 15.13 crore. Profit grew 18.93% on the same quarter last year. Net earned premiums grew 5.41% on the same quarter last year.

SALICO annual results 2082/83

For the financial year 2082/83 Sagarmatha Lumbini Insurance Co. Limited reported net profit of Rs. 31.31 crore, net earned premiums of Rs. 233.96 crore and net worth of Rs. 637.17 crore. Net profit in 2081/82 was Rs. 50.02 crore. Net profit fell 37.40% on the year. Net earned premiums grew 14.71% on the year.

SALICO profit and loss for 2082/83

In the financial year 2082/83, Sagarmatha Lumbini Insurance Co. Limited reported net earned premiums of Rs. 233.96 crore, other income of Rs. 91.32 crore, total income of Rs. 325.28 crore, net claims incurred of Rs. 186.83 crore, other expenses of Rs. 93.72 crore, total expenses of Rs. 280.55 crore, profit before tax of Rs. 44.73 crore and net profit for the year of Rs. 31.31 crore.

Reported under net earned premiums: gross earned premiums of Rs. 476.1 crore and premiums ceded of Rs. 242.14 crore. Reported under other income: commission income of Rs. 54.46 crore, other direct income of Rs. 3.99 crore, income from investments & loans of Rs. 23.33 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 3.05 crore and other income of Rs. 6.49 crore. Reported under net claims incurred: gross claims paid of Rs. 350.86 crore, claims ceded of Rs. 241.34 crore, gross change in contract liabilities of Rs. 202.64 crore and change in contract liabilities ceded to reinsurers of Rs. 172.76 crore. Reported under other expenses: commission expenses of Rs. 10.14 crore, service fees of Rs. 1.97 crore, other direct expenses of Rs. 1.1 crore, employee benefits expenses of Rs. 55.33 crore, depreciation and amortization expenses of Rs. 4.19 crore, other operating expenses of Rs. 19.89 crore and finance cost of Rs. 1.1 crore. Reported under profit before tax: share of net profit of associates (equity method) of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 13.42 crore.

SALICO profit and loss for 2081/82

In the financial year 2081/82, Sagarmatha Lumbini Insurance Co. Limited reported net earned premiums of Rs. 203.95 crore, other income of Rs. 106.84 crore, total income of Rs. 310.79 crore, net claims incurred of Rs. 155.57 crore, other expenses of Rs. 89.19 crore, total expenses of Rs. 244.76 crore, profit before tax of Rs. 66.02 crore and net profit for the year of Rs. 50.02 crore.

Reported under net earned premiums: gross earned premiums of Rs. 498.98 crore and premiums ceded of Rs. 295.03 crore. Reported under other income: commission income of Rs. 51.78 crore, other direct income of Rs. 4.78 crore, income from investments & loans of Rs. 34.84 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 14.77 crore and other income of Rs. 0.66 crore. Reported under net claims incurred: gross claims paid of Rs. 362.52 crore, claims ceded of Rs. 189.17 crore, gross change in contract liabilities of Rs. 6.39 crore and change in contract liabilities ceded to reinsurers of Rs. 24.16 crore. Reported under other expenses: commission expenses of Rs. 4.9 crore, service fees of Rs. 1.62 crore, other direct expenses of Rs. 0.6 crore, employee benefits expenses of Rs. 57.52 crore, depreciation and amortization expenses of Rs. 4.36 crore, impairment losses of Rs. 3.13 crore, other operating expenses of Rs. 15.96 crore and finance cost of Rs. 1.1 crore. Reported under profit before tax: share of net profit of associates (equity method) of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 16 crore.

SALICO profit and loss for 2080/81

In the financial year 2080/81, Sagarmatha Lumbini Insurance Co. Limited reported net earned premiums of Rs. 172.02 crore, other income of Rs. 105.21 crore, total income of Rs. 277.23 crore, net claims incurred of Rs. 129.6 crore, other expenses of Rs. 86.87 crore, total expenses of Rs. 216.47 crore, profit before tax of Rs. 60.76 crore and net profit for the year of Rs. 46.1 crore.

Reported under net earned premiums: gross earned premiums of Rs. 489.38 crore and premiums ceded of Rs. 317.36 crore. Reported under other income: commission income of Rs. 50.6 crore, other direct income of Rs. 3.33 crore, income from investments & loans of Rs. 47.99 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 2.68 crore and other income of Rs. 0.6 crore. Reported under net claims incurred: gross claims paid of Rs. 283.33 crore, claims ceded of Rs. 165.06 crore, gross change in contract liabilities of Rs. 68.2 crore and change in contract liabilities ceded to reinsurers of Rs. 79.53 crore. Reported under other expenses: commission expenses of Rs. 3.82 crore, service fees of Rs. 1.29 crore, other direct expenses of Rs. 0.72 crore, employee benefits expenses of Rs. 60.8 crore, depreciation and amortization expenses of Rs. 4.7 crore, impairment losses of Rs. 0.36 crore, other operating expenses of Rs. 14.43 crore and finance cost of Rs. 1.46 crore. Reported under profit before tax: share of net profit of associates (equity method) of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 14.66 crore.

SALICO balance sheet for 2081/82

In the financial year 2081/82, Sagarmatha Lumbini Insurance Co. Limited reported total assets of Rs. 1,472.08 crore, total liabilities of Rs. 834.91 crore and total equity of Rs. 637.17 crore.

Reported under total assets: goodwill & intangible assets of Rs. 15.82 crore, property and equipment of Rs. 23.16 crore, investment properties of Rs. 11.19 crore, deferred tax assets of Rs. 5.12 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investments of Rs. 672.29 crore, loans of Rs. 1.12 crore, reinsurance assets of Rs. 473.31 crore, current tax assets of Rs. 31.43 crore, insurance receivables of Rs. 52.13 crore, other assets of Rs. 133.89 crore, other financial assets of Rs. 8.96 crore and cash and cash equivalent of Rs. 43.66 crore. Reported under total liabilities: provisions of Rs. 8.65 crore, gross insurance contract liabilities of Rs. 668.85 crore, deferred tax liabilities of Rs. 0 crore, insurance payables of Rs. 85.02 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 50.17 crore and other financial liabilities of Rs. 22.23 crore. Reported under total equity: share capital of Rs. 262.26 crore, share application money pending allotment of Rs. 0 crore, share premium of Rs. 0 crore, special reserves of Rs. 255.05 crore, catastrophe reserves of Rs. 21.34 crore, retained earnings of Rs. 46.33 crore and other equity of Rs. 52.19 crore.

SALICO balance sheet for 2080/81

In the financial year 2080/81, Sagarmatha Lumbini Insurance Co. Limited reported total assets of Rs. 1,512.58 crore, total liabilities of Rs. 891.75 crore and total equity of Rs. 620.83 crore.

Reported under total assets: goodwill & intangible assets of Rs. 15.79 crore, property and equipment of Rs. 25.39 crore, investment properties of Rs. 11.26 crore, deferred tax assets of Rs. 6.14 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investments of Rs. 640.33 crore, loans of Rs. 1.07 crore, reinsurance assets of Rs. 459.84 crore, current tax assets of Rs. 32.21 crore, insurance receivables of Rs. 101.72 crore, other assets of Rs. 140.31 crore, other financial assets of Rs. 8.68 crore and cash and cash equivalent of Rs. 69.84 crore. Reported under total liabilities: provisions of Rs. 8.95 crore, gross insurance contract liabilities of Rs. 661.23 crore, deferred tax liabilities of Rs. 0 crore, insurance payables of Rs. 148.26 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 50.94 crore and other financial liabilities of Rs. 22.38 crore. Reported under total equity: share capital of Rs. 262.26 crore, share application money pending allotment of Rs. 0 crore, share premium of Rs. 0 crore, special reserves of Rs. 255.05 crore, catastrophe reserves of Rs. 18.9 crore, retained earnings of Rs. 40.39 crore and other equity of Rs. 44.23 crore.

SALICO balance sheet for 2079/80

In the financial year 2079/80, Sagarmatha Lumbini Insurance Co. Limited reported total assets of Rs. 1,473.39 crore, total liabilities of Rs. 880.16 crore and total equity of Rs. 593.23 crore.

Reported under total assets: goodwill & intangible assets of Rs. 15.78 crore, property and equipment of Rs. 26.41 crore, investment properties of Rs. 11.32 crore, deferred tax assets of Rs. 0.32 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investments of Rs. 622.53 crore, loans of Rs. 1.11 crore, reinsurance assets of Rs. 550.11 crore, current tax assets of Rs. 16.98 crore, insurance receivables of Rs. 104.5 crore, other assets of Rs. 73.54 crore, other financial assets of Rs. 26.43 crore and cash and cash equivalent of Rs. 24.35 crore. Reported under total liabilities: provisions of Rs. 8.15 crore, gross insurance contract liabilities of Rs. 739.92 crore, deferred tax liabilities of Rs. 0 crore, insurance payables of Rs. 74.35 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 36.03 crore and other financial liabilities of Rs. 21.7 crore. Reported under total equity: share capital of Rs. 262.26 crore, share application money pending allotment of Rs. 0 crore, share premium of Rs. 0 crore, special reserves of Rs. 255.05 crore, catastrophe reserves of Rs. 16.77 crore, retained earnings of Rs. 13.53 crore and other equity of Rs. 45.61 crore.

SALICO cash flow for 2081/82

In the financial year 2081/82, Sagarmatha Lumbini Insurance Co. Limited reported opening cash & cash equivalents of Rs. 69.84 crore, net cash flow from operating activities of Rs. 8.94 crore, net cash flow from investing activities of Rs. 25.47 crore, net cash flow from financing activities of Rs. 42.71 crore, net change in cash of Rs. 26.17 crore and closing cash & cash equivalents of Rs. 43.66 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 500.21 crore, reinsurance commission received of Rs. 50.36 crore, claim recovery received from reinsurers of Rs. 189.17 crore, other direct income received of Rs. 4.78 crore, other income received of Rs. 0.66 crore, gross benefits and claims paid of Rs. 362.52 crore, reinsurance premium paid of Rs. 284.34 crore, commission paid of Rs. 5.69 crore, service fees paid of Rs. 3.75 crore, employee benefits expenses paid of Rs. 50.12 crore, other expenses paid of Rs. 15.96 crore, other direct expenses paid of Rs. 0.6 crore, changes in working capital of Rs. 12.6 crore and income tax paid of Rs. 18.53 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.07 crore, acquisitions of property & equipment of Rs. 1.53 crore, purchase of equity instruments of Rs. 71.18 crore, proceeds from sale of equity instruments of Rs. 70.85 crore, purchase of debentures of Rs. 0.06 crore, investments in deposits of Rs. 0 crore, maturity of deposits of Rs. 2.33 crore, rental income received of Rs. 1.51 crore, interest income received of Rs. 31.73 crore and dividend received of Rs. 1.84 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 3.36 crore, proceeds from issue of share capital of Rs. 0 crore, dividend paid of Rs. 38.14 crore and proceeds from share application money pending allotment of Rs. 0 crore.

SALICO cash flow for 2080/81

In the financial year 2080/81, Sagarmatha Lumbini Insurance Co. Limited reported opening cash & cash equivalents of Rs. 24.35 crore, net cash flow from operating activities of Rs. 23.77 crore, net cash flow from investing activities of Rs. 34.82 crore, net cash flow from financing activities of Rs. 13.11 crore, net change in cash of Rs. 45.48 crore and closing cash & cash equivalents of Rs. 69.84 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 478.9 crore, reinsurance commission received of Rs. 52.6 crore, claim recovery received from reinsurers of Rs. 165.06 crore, other direct income received of Rs. 3.33 crore, other income received of Rs. 0.6 crore, gross benefits and claims paid of Rs. 283.33 crore, reinsurance premium paid of Rs. 306.63 crore, commission paid of Rs. 3.96 crore, service fees paid of Rs. 2.81 crore, employee benefits expenses paid of Rs. 54.09 crore, other expenses paid of Rs. 14.43 crore, other direct expenses paid of Rs. 0.72 crore, changes in working capital of Rs. 6.71 crore and income tax paid of Rs. 17.46 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.06 crore, acquisitions of property & equipment of Rs. 0.45 crore, purchase of equity instruments of Rs. 32.29 crore, proceeds from sale of equity instruments of Rs. 19.93 crore, purchase of debentures of Rs. 7.34 crore, investments in deposits of Rs. 0 crore, maturity of deposits of Rs. 9.93 crore, rental income received of Rs. 1.44 crore, interest income received of Rs. 45.9 crore and dividend received of Rs. 0.89 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 3.27 crore, proceeds from issue of share capital of Rs. 0 crore, dividend paid of Rs. 9.8 crore, proceeds from share application money pending allotment of Rs. 0 crore and other financing activities of Rs. 0.04 crore.

SALICO cash flow for 2079/80

In the financial year 2079/80, Sagarmatha Lumbini Insurance Co. Limited reported opening cash & cash equivalents of Rs. 16.6 crore, net cash flow from operating activities of Rs. 27.16 crore, net cash flow from investing activities of Rs. 32.12 crore, net cash flow from financing activities of Rs. 3.68 crore, net change in cash of Rs. 1.28 crore and closing cash & cash equivalents of Rs. 24.35 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 324.85 crore, reinsurance commission received of Rs. 47.28 crore, claim recovery received from reinsurers of Rs. 100.34 crore, other direct income received of Rs. 2.46 crore, other income received of Rs. 0.11 crore, gross benefits and claims paid of Rs. 238.68 crore, reinsurance premium paid of Rs. 111.84 crore, commission paid of Rs. 4.68 crore, service fees paid of Rs. 4.34 crore, employee benefits expenses paid of Rs. 44.41 crore, other expenses paid of Rs. 14.42 crore, other direct expenses paid of Rs. 0.66 crore, changes in working capital of Rs. 56.62 crore and income tax paid of Rs. 26.55 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0 crore, acquisitions of property & equipment of Rs. 1.81 crore, purchase of equity instruments of Rs. 16.35 crore, proceeds from sale of equity instruments of Rs. 5.43 crore, purchase of debentures of Rs. 6.28 crore, investments in deposits of Rs. 0 crore, maturity of deposits of Rs. 11.3 crore, rental income received of Rs. 1.37 crore, interest income received of Rs. 37.37 crore and dividend received of Rs. 0.45 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 2.81 crore, proceeds from issue of share capital of Rs. 0 crore, dividend paid of Rs. 0.87 crore and proceeds from share application money pending allotment of Rs. 0 crore.

SALICO quarterly for Q4 2082/83

In the quarter Q4 2082/83, Sagarmatha Lumbini Insurance Co. Limited reported net earned premiums of Rs. 86.54 crore, other income of Rs. 27.59 crore, total income of Rs. 114.13 crore, net claims incurred of Rs. 60.38 crore, other expenses of Rs. 28.06 crore, total expenses of Rs. 88.44 crore, profit before tax of Rs. 25.7 crore and net profit for the year of Rs. 17.99 crore.

Reported under net earned premiums: gross earned premiums of Rs. 178.66 crore and premiums ceded of Rs. 92.12 crore. Reported under other income: commission income of Rs. 19.16 crore, other direct income of Rs. 2.48 crore, income from investments & loans of Rs. 4.93 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0 crore and other income of Rs. 1.02 crore. Reported under net claims incurred: gross claims paid of Rs. 193.76 crore, claims ceded of Rs. 142.18 crore, gross change in contract liabilities of Rs. 170.13 crore and change in contract liabilities ceded to reinsurers of Rs. 178.93 crore. Reported under other expenses: commission expenses of Rs. 3.45 crore, service fees of Rs. 0.56 crore, other direct expenses of Rs. 0.19 crore, employee benefits expenses of Rs. 15.42 crore, depreciation and amortization expenses of Rs. 1.06 crore, other operating expenses of Rs. 7.1 crore and finance cost of Rs. 0.28 crore. Reported under profit before tax: share of net profit of associates (equity method) of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 7.71 crore.

SALICO quarterly for Q3 2082/83

In the quarter Q3 2082/83, Sagarmatha Lumbini Insurance Co. Limited reported net earned premiums of Rs. 31 crore, other income of Rs. 19.65 crore, total income of Rs. 50.65 crore, net claims incurred of Rs. 14.84 crore, other expenses of Rs. 22.12 crore, total expenses of Rs. 36.96 crore, profit before tax of Rs. 13.7 crore and net profit for the year of Rs. 9.59 crore.

Reported under net earned premiums: gross earned premiums of Rs. 67.33 crore and premiums ceded of Rs. 36.32 crore. Reported under other income: commission income of Rs. 10.76 crore, other direct income of Rs. 0.02 crore, income from investments & loans of Rs. 4.61 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 2.22 crore and other income of Rs. 2.03 crore. Reported under net claims incurred: gross claims paid of Rs. 121.69 crore, claims ceded of Rs. 76.74 crore, gross change in contract liabilities of Rs. 97.74 crore and change in contract liabilities ceded to reinsurers of Rs. 67.64 crore. Reported under other expenses: commission expenses of Rs. 2.37 crore, service fees of Rs. 0.45 crore, other direct expenses of Rs. 0.15 crore, employee benefits expenses of Rs. 13.29 crore, depreciation and amortization expenses of Rs. 1.04 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 4.53 crore and finance cost of Rs. 0.28 crore. Reported under profit before tax: share of net profit of associates (equity method) of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 4.11 crore.

SALICO quarterly for Q2 2082/83

In the quarter Q2 2082/83, Sagarmatha Lumbini Insurance Co. Limited reported net earned premiums of Rs. 54.3 crore, other income of Rs. 22 crore, total income of Rs. 76.3 crore, net claims incurred of Rs. 23.67 crore, other expenses of Rs. 20.55 crore, total expenses of Rs. 44.22 crore, profit before tax of Rs. 32.08 crore and net profit for the year of Rs. 30.48 crore.

Reported under net earned premiums: gross earned premiums of Rs. 103.93 crore and premiums ceded of Rs. 49.63 crore. Reported under other income: commission income of Rs. 11.27 crore, other direct income of Rs. 0.02 crore, income from investments & loans of Rs. 7.41 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0 crore and other income of Rs. 3.3 crore. Reported under net claims incurred: gross claims paid of Rs. 72.74 crore, claims ceded of Rs. 32.23 crore, gross change in contract liabilities of Rs. 191.71 crore and change in contract liabilities ceded to reinsurers of Rs. 174.95 crore. Reported under other expenses: commission expenses of Rs. 2.04 crore, service fees of Rs. 0.37 crore, other direct expenses of Rs. 0.14 crore, employee benefits expenses of Rs. 11.81 crore, depreciation and amortization expenses of Rs. 1.04 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 4.88 crore and finance cost of Rs. 0.28 crore. Reported under profit before tax: share of net profit of associates (equity method) of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 1.6 crore.

SALICO quarterly for Q1 2082/83

In the quarter Q1 2082/83, Sagarmatha Lumbini Insurance Co. Limited reported net earned premiums of Rs. 62.11 crore, other income of Rs. 22.08 crore, total income of Rs. 84.2 crore, net claims incurred of Rs. 87.94 crore, other expenses of Rs. 23 crore, total expenses of Rs. 110.94 crore, profit before tax of Rs. 26.74 crore and net profit for the year of Rs. 26.74 crore.

Reported under net earned premiums: gross earned premiums of Rs. 126.18 crore and premiums ceded of Rs. 64.07 crore. Reported under other income: commission income of Rs. 13.27 crore, other direct income of Rs. 1.47 crore, income from investments & loans of Rs. 6.38 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0.83 crore and other income of Rs. 0.14 crore. Reported under net claims incurred: gross claims paid of Rs. 108.17 crore, claims ceded of Rs. 54.65 crore, gross change in contract liabilities of Rs. 278.8 crore and change in contract liabilities ceded to reinsurers of Rs. 244.38 crore. Reported under other expenses: commission expenses of Rs. 2.27 crore, service fees of Rs. 0.59 crore, other direct expenses of Rs. 0.62 crore, employee benefits expenses of Rs. 14.81 crore, depreciation and amortization expenses of Rs. 1.05 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 3.37 crore and finance cost of Rs. 0.28 crore. Reported under profit before tax: share of net profit of associates (equity method) of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 0 crore.

SALICO Profit & Loss

Values in Rs. Crore unless stated otherwise.

SALICO Balance Sheet

Values in Rs. Crore unless stated otherwise.

SALICO Cash Flow

Values in Rs. Crore unless stated otherwise.

SALICO Quarterly Results

Values in Rs. Crore unless stated otherwise.

Sagarmatha Lumbini Insurance share price history

Over the last 15 trading sessions SALICO closed between Rs. 522.50 and Rs. 545.00, finishing at Rs. 525.00 on 2026-10-12 against Rs. 545.00 on 2026-09-18.

SALICO share price by year

2026, between Rs. 512.00 and Rs. 695.00, 2025, between Rs. 570.10 and Rs. 780.00, 2024, between Rs. 602.00 and Rs. 926.00 and 2023, between Rs. 551.40 and Rs. 805.00.

Sagarmatha Lumbini Insurance share price returns

At Rs. 525.00 on 2026-10-12, SALICO is down 0.89% over 1 week, down 0.06% over 1 month, down 9.48% over 3 months, down 14.36% over 6 months and down 10.26% over 1 year. Each return compares that close with the last close on or before the same date in the earlier period.

SALICO floorsheet for 2026-10-12

SALICO traded 38 times on 2026-10-12, moving 2,631 shares for Rs. 0.14 crore of turnover. Trades went through between Rs. 515.00 and Rs. 534.00.

Largest buyers by volume: broker 46, Kalika Securities Pvt.Limited on 570 shares across 1 trades, broker 32, Premier Securites Company Limited on 483 shares across 4 trades, broker 57, Arya Tara Investment And Securities Pvt. Ltd. on 204 shares across 5 trades, broker 44, Dynamic Money Managers Securities Pvt.Ltd on 203 shares across 3 trades, broker 47, Neev Securities Pvt.Ltd on 200 shares across 4 trades, broker 37, Swarnalaxmi Securities Pvt.Limited on 175 shares across 1 trades, broker 16, Primo Securities Pvt. Limited on 175 shares across 2 trades, broker 10, Pragyan Securities Pvt. Limited on 150 shares across 1 trades, broker 8, Ashutosh Brokerage & Securities Pvt. Limited on 100 shares across 2 trades and broker 45, Imperial Securities Co. Limited on 100 shares across 3 trades.

Largest sellers by volume: broker 39, Sumeru Securities Pvt.Limited on 650 shares across 8 trades, broker 42, Sani Securities Company Limited on 570 shares across 1 trades, broker 1, Kumari Securities Pvt. Limited on 390 shares across 5 trades, broker 34, Vision Securities Pvt.Limited on 290 shares across 3 trades, broker 17, ABC Securities Pvt. Limited on 265 shares across 6 trades, broker 25, Sweta Securities Pvt. Limited on 116 shares across 1 trades, broker 50, Crystal Kanchenjunga Securities Pvt.Ltd on 100 shares across 2 trades, broker 57, Arya Tara Investment And Securities Pvt. Ltd. on 86 shares across 1 trades, broker 48, Trishakti Securities Public Limited on 61 shares across 2 trades and broker 13, Thrive Brokerage House Pvt. Limited on 50 shares across 4 trades.

SALICO dividend history: bonus shares and cash dividend

Sagarmatha Lumbini Insurance Co. Limited most recently declared a 12.4% bonus share issue and a 15% cash dividend, 27.4% in total for 2081/2082, announced on 2025-12-22. Percentages are of paid up value. Declared, not necessarily paid: a dividend is subject to the annual general meeting approving it.

For 2081/2082 Sagarmatha Lumbini Insurance Co. Limited declared a 12.4% bonus share issue and a 15% cash dividend, 27.4% in total, announced on 2025-12-22.

For 2080/2081 Sagarmatha Lumbini Insurance Co. Limited declared a 15% cash dividend, announced on 2025-04-18.

For 2079/2080 Sagarmatha Lumbini Insurance Co. Limited declared a 5% cash dividend, announced on 2024-03-18.

For 2078/2079 Sagarmatha Lumbini Insurance Co. Limited declared a 12.4% bonus share issue, announced on 2023-02-01.

For 2077/2078 Sagarmatha Lumbini Insurance Co. Limited declared a 20% bonus share issue, announced on 2022-04-22.

SALICO general meetings

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

• 29th AGM for 2081/2082: on 2026-01-13, at Amritbhog, Kalikasthan, Kathmandu, Nepal (11:00 AM)
• 28th AGM for 2080/2081: on 2025-05-11, at Rani Mahal Banquet Pvt. Ltd, Gyaneshwor, Kathmandu (10:00 AM)
• 27th AGM for 2079/2080: on 2024-04-09, at Amritbhog Catering, Kalikasthan, Dillibazar, Kathmandu (10:00 AM)

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

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