Sanima GIC Insurance Limited (SGIC) Share Price & Fundamentals

Sanima GIC Insurance (SGIC) share price is Rs. 397.00, down 0.45% on 2026-09-22. Open Rs. 398.00. High Rs. 400.00. Low Rs. 391.10. Volume 7,813.

Sanima GIC Insurance Limited is a NEPSE-listed company (SGIC), Non Life Insurance sector. Premium: Rs. 83.31 Crore. Net profit: Rs. 13 Crore. Net worth: Rs. 326.1 Crore.

About Sanima GIC Insurance Limited

Sanima GIC Insurance Limited is a NEPSE-listed non-life insurance company in Nepal, based in Tangal, Kathmandu, operating under NFRS as mandated by the Nepal Insurance Authority. It was formed through the merger of Sanima General Insurance and GIC Nepal Insurance.

Sanima GIC Insurance Limited (SGIC) has 2,15,00,000 shares outstanding. Its most recent declared dividend was 0.26% on face value.

SGIC key metrics

Market Cap	Rs. 853.55 Crore
P/E Ratio	25.34
P/E Ratio (TTM)	65.64
EPS	Rs. 15.66
EPS (TTM)	Rs. 6.05
Book Value	Rs. 151.67
Dividend Yield	0.07%
Face Value	Rs. 100.00
52 Week High	Rs. 523.00
52 Week Low	Rs. 370.30

SGIC strengths

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

Holds 5.85x of the safety capital required, comfortably above the 1.5 times the regulator sets. (Solvency)
Has 82.3% set aside against claims already reported, so it is well prepared to pay. (Claims & Reserving)
Earns 4.1% a year on everything it owns, so its investments are working well. (Profitability)
Holds 234.3% against premiums for cover that has not yet run out, a healthy buffer. (Liability Strength)
39.9% of what it owns belongs to shareholders rather than policyholders and lenders. (Solvency)
50.2% of what it owns is set aside to meet the policies it has written. (Liability Strength)
Premiums written directly with customers grew 13.5% on last year. (Premium Growth & Scale)
The company grew 14.1% bigger over the year. (Shareholder Returns)

SGIC 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 142.6% of premiums. Above 100% means it loses money on insurance and relies on investments. (Underwriting Performance)
Running costs take 63.8% of premiums, a heavy load on what customers pay in. (Underwriting Performance)
78.9% of premiums go out as claims, so there is little margin on what it sells. (Underwriting Performance)
Earns only 5% on the money it holds, so those funds are underused. (Investment Performance)
Keeps only 11.5% of premiums written, so most income goes to reinsurers. (Underwriting Performance)
Passes most risk on, keeping only 30.5%, so much of the premium goes elsewhere. (Claims & Reserving)
Sets aside only 2.3% above its best estimate, so reserves may fall short. (Liability Strength)
Each share earned only Rs 6.05 of profit over the year. (Shareholder Returns)
Only 43.7% of customers renew, so it loses much of the business it wins. (Claims & Reserving)
Only 7.7% of income comes from investments, so it depends on premiums alone. (Investment Performance)
The number of policies issued moved -4.4%, so the customer base is not growing. (Premium Growth & Scale)
Premiums moved 9% on last year, so the business is not expanding. (Premium Growth & Scale)
Earns only 10.3% a year on shareholders' money, below what owners would hope for. (Profitability)
Only 9.1% of income becomes profit once costs are paid. (Profitability)

SGIC Q4 2082/83 results

In Q4 2082/83 Sanima GIC Insurance Limited reported profit of Rs. 7.87 crore and net earned premiums of Rs. 29.87 crore. Profit in Q3 2082/83 was Rs. 14.73 crore. Profit fell 46.58% on the previous quarter. Net earned premiums grew 16.19% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 11.68 crore. Profit fell 32.66% on the same quarter last year. Net earned premiums grew 2.24% on the same quarter last year.

SGIC annual results 2082/83

For the financial year 2082/83 Sanima GIC Insurance Limited reported net profit of Rs. 13 crore, net earned premiums of Rs. 83.31 crore and net worth of Rs. 326.1 crore. Net profit in 2081/82 was Rs. 33.68 crore. Net profit fell 61.39% on the year. Net earned premiums grew 9.00% on the year.

SGIC profit and loss for 2082/83

In the financial year 2082/83, Sanima GIC Insurance Limited reported net earned premiums of Rs. 83.31 crore, other income of Rs. 59.73 crore, total income of Rs. 143.04 crore, net claims incurred of Rs. 65.71 crore, other expenses of Rs. 58.75 crore, total expenses of Rs. 124.46 crore, profit before tax of Rs. 18.58 crore and net profit for the year of Rs. 13 crore.

Reported under net earned premiums: gross earned premiums of Rs. 272.96 crore and premiums ceded of Rs. 189.65 crore. Reported under other income: commission income of Rs. 45.58 crore, other direct income of Rs. 1.55 crore, income from investments & loans of Rs. 11.03 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 1.01 crore and other income of Rs. 0.56 crore. Reported under net claims incurred: gross claims paid of Rs. 179.71 crore, claims ceded of Rs. 127.57 crore, gross change in contract liabilities of Rs. 9.52 crore and change in contract liabilities ceded to reinsurers of Rs. 23.09 crore. Reported under other expenses: commission expenses of Rs. 6.92 crore, service fees of Rs. 0.55 crore, other direct expenses of Rs. 1.68 crore, employee benefits expenses of Rs. 33.27 crore, depreciation and amortization expenses of Rs. 3.1 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 12.93 crore and finance cost of Rs. 0.3 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. 5.57 crore.

SGIC profit and loss for 2081/82

In the financial year 2081/82, Sanima GIC Insurance Limited reported net earned premiums of Rs. 76.43 crore, other income of Rs. 70.75 crore, total income of Rs. 147.18 crore, net claims incurred of Rs. 38.9 crore, other expenses of Rs. 59.95 crore, total expenses of Rs. 98.85 crore, profit before tax of Rs. 48.32 crore and net profit for the year of Rs. 33.68 crore.

Reported under net earned premiums: gross earned premiums of Rs. 253.15 crore and premiums ceded of Rs. 176.73 crore. Reported under other income: commission income of Rs. 41.02 crore, other direct income of Rs. 1.57 crore, income from investments & loans of Rs. 17.02 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 10.8 crore and other income of Rs. 0.35 crore. Reported under net claims incurred: gross claims paid of Rs. 116.36 crore, claims ceded of Rs. 78.52 crore, gross change in contract liabilities of Rs. 49.53 crore and change in contract liabilities ceded to reinsurers of Rs. 48.47 crore. Reported under other expenses: commission expenses of Rs. 4.49 crore, service fees of Rs. 0.59 crore, other direct expenses of Rs. 2.5 crore, employee benefits expenses of Rs. 35.54 crore, depreciation and amortization expenses of Rs. 3.52 crore, impairment losses of Rs. 0.04 crore, other operating expenses of Rs. 12.95 crore and finance cost of Rs. 0.34 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. 14.65 crore.

SGIC profit and loss for 2080/81

In the financial year 2080/81, Sanima GIC Insurance Limited reported net earned premiums of Rs. 72.25 crore, other income of Rs. 71.53 crore, total income of Rs. 143.79 crore, net claims incurred of Rs. 40.06 crore, other expenses of Rs. 59.62 crore, total expenses of Rs. 99.67 crore, profit before tax of Rs. 44.11 crore and net profit for the year of Rs. 31.82 crore.

Reported under net earned premiums: gross earned premiums of Rs. 251.22 crore and premiums ceded of Rs. 178.97 crore. Reported under other income: commission income of Rs. 41.98 crore, other direct income of Rs. 1.88 crore, income from investments & loans of Rs. 25.84 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 1.35 crore and other income of Rs. 0.49 crore. Reported under net claims incurred: gross claims paid of Rs. 90.59 crore, claims ceded of Rs. 54.3 crore, gross change in contract liabilities of Rs. 14.49 crore and change in contract liabilities ceded to reinsurers of Rs. 10.73 crore. Reported under other expenses: commission expenses of Rs. 3.73 crore, service fees of Rs. 0.54 crore, other direct expenses of Rs. 2.76 crore, employee benefits expenses of Rs. 34.43 crore, depreciation and amortization expenses of Rs. 3.54 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 14.25 crore and finance cost of Rs. 0.37 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. 12.3 crore.

SGIC balance sheet for 2081/82

In the financial year 2081/82, Sanima GIC Insurance Limited reported total assets of Rs. 818.13 crore, total liabilities of Rs. 492.03 crore and total equity of Rs. 326.1 crore.

Reported under total assets: goodwill & intangible assets of Rs. 4.24 crore, property and equipment of Rs. 12 crore, investment properties of Rs. 0 crore, deferred tax assets of Rs. 14.87 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investments of Rs. 340.55 crore, loans of Rs. 2.1 crore, reinsurance assets of Rs. 327.3 crore, current tax assets of Rs. 3.54 crore, insurance receivables of Rs. 29.52 crore, other assets of Rs. 40.02 crore, other financial assets of Rs. 13.86 crore and cash and cash equivalent of Rs. 30.11 crore. Reported under total liabilities: provisions of Rs. 9.54 crore, gross insurance contract liabilities of Rs. 410.47 crore, deferred tax liabilities of Rs. 0 crore, insurance payables of Rs. 32.55 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 34.68 crore and other financial liabilities of Rs. 4.8 crore. Reported under total equity: share capital of Rs. 215 crore, share application money pending allotment of Rs. 0 crore, share premium of Rs. 0 crore, special reserves of Rs. 74.96 crore, catastrophe reserves of Rs. 4.59 crore, retained earnings of Rs. 17.27 crore and other equity of Rs. 14.27 crore.

SGIC balance sheet for 2080/81

In the financial year 2080/81, Sanima GIC Insurance Limited reported total assets of Rs. 717.34 crore, total liabilities of Rs. 420.43 crore and total equity of Rs. 296.91 crore.

Reported under total assets: goodwill & intangible assets of Rs. 4.18 crore, property and equipment of Rs. 14.23 crore, investment properties of Rs. 0 crore, deferred tax assets of Rs. 12.78 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investments of Rs. 333.7 crore, loans of Rs. 1.4 crore, reinsurance assets of Rs. 250.28 crore, current tax assets of Rs. 3.4 crore, insurance receivables of Rs. 31.58 crore, other assets of Rs. 12.56 crore, other financial assets of Rs. 12.48 crore and cash and cash equivalent of Rs. 40.73 crore. Reported under total liabilities: provisions of Rs. 8.7 crore, gross insurance contract liabilities of Rs. 330.74 crore, deferred tax liabilities of Rs. 0 crore, insurance payables of Rs. 42.42 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 34.17 crore and other financial liabilities of Rs. 4.41 crore. Reported under total equity: share capital of Rs. 200 crore, share application money pending allotment of Rs. 0 crore, share premium of Rs. 0 crore, special reserves of Rs. 58.46 crore, catastrophe reserves of Rs. 3.77 crore, retained earnings of Rs. 18.16 crore and other equity of Rs. 16.52 crore.

SGIC balance sheet for 2079/80

In the financial year 2079/80, Sanima GIC Insurance Limited reported total assets of Rs. 634.58 crore, total liabilities of Rs. 369.33 crore and total equity of Rs. 265.25 crore.

Reported under total assets: goodwill & intangible assets of Rs. 4.26 crore, property and equipment of Rs. 8.98 crore, investment properties of Rs. 0 crore, deferred tax assets of Rs. 10.62 crore, investment in subsidiaries of Rs. 0 crore, investment in associates of Rs. 0 crore, investments of Rs. 293.41 crore, loans of Rs. 1.07 crore, reinsurance assets of Rs. 225.93 crore, current tax assets of Rs. 5.08 crore, insurance receivables of Rs. 34.88 crore, other assets of Rs. 10.48 crore, other financial assets of Rs. 9.58 crore and cash and cash equivalent of Rs. 30.27 crore. Reported under total liabilities: provisions of Rs. 8.25 crore, gross insurance contract liabilities of Rs. 302.79 crore, deferred tax liabilities of Rs. 0 crore, insurance payables of Rs. 30.67 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 23.5 crore and other financial liabilities of Rs. 4.12 crore. Reported under total equity: share capital of Rs. 200 crore, share application money pending allotment of Rs. 0 crore, share premium of Rs. 0 crore, special reserves of Rs. 43.71 crore, catastrophe reserves of Rs. 3.03 crore, retained earnings of Rs. 8.89 crore and other equity of Rs. 9.61 crore.

SGIC cash flow for 2081/82

In the financial year 2081/82, Sanima GIC Insurance Limited reported opening cash & cash equivalents of Rs. 40.73 crore, net cash flow from operating activities of Rs. 12.45 crore, net cash flow from investing activities of Rs. 1.79 crore, net cash flow from financing activities of Rs. 0.12 crore, net change in cash of Rs. 10.79 crore and closing cash & cash equivalents of Rs. 30.11 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 277.89 crore, reinsurance commission received of Rs. 42.5 crore, claim recovery received from reinsurers of Rs. 80.58 crore, other direct income received of Rs. 1.57 crore, other income received of Rs. 0.06 crore, gross benefits and claims paid of Rs. 141.84 crore, reinsurance premium paid of Rs. 207.6 crore, commission paid of Rs. 5.51 crore, service fees paid of Rs. 3.43 crore, employee benefits expenses paid of Rs. 29.68 crore, other expenses paid of Rs. 9.24 crore, other direct expenses paid of Rs. 2.5 crore, changes in working capital of Rs. 0 crore and income tax paid of Rs. 15.26 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0 crore, acquisitions of property & equipment of Rs. 1.17 crore, purchase of equity instruments of Rs. 27.41 crore, proceeds from sale of equity instruments of Rs. 0 crore, purchase of debentures of Rs. 0 crore, investments in deposits of Rs. 14.08 crore, maturity of deposits of Rs. 0 crore, rental income received of Rs. 0 crore, interest income received of Rs. 16.97 crore and dividend received of Rs. 0.03 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 0 crore, proceeds from issue of share capital of Rs. 0 crore, dividend paid of Rs. 0 crore and proceeds from share application money pending allotment of Rs. 0 crore.

SGIC cash flow for 2080/81

In the financial year 2080/81, Sanima GIC Insurance Limited reported opening cash & cash equivalents of Rs. 30.27 crore, net cash flow from operating activities of Rs. 26.37 crore, net cash flow from investing activities of Rs. 16.09 crore, net cash flow from financing activities of Rs. 0.05 crore, net change in cash of Rs. 10.22 crore and closing cash & cash equivalents of Rs. 40.73 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 266.28 crore, reinsurance commission received of Rs. 45.8 crore, claim recovery received from reinsurers of Rs. 57.59 crore, other direct income received of Rs. 1.88 crore, other income received of Rs. 0.19 crore, gross benefits and claims paid of Rs. 92.73 crore, reinsurance premium paid of Rs. 179.4 crore, commission paid of Rs. 3.86 crore, service fees paid of Rs. 1.93 crore, employee benefits expenses paid of Rs. 30.45 crore, other expenses paid of Rs. 17.27 crore, other direct expenses paid of Rs. 2.76 crore, changes in working capital of Rs. 0 crore and income tax paid of Rs. 16.61 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.02 crore, acquisitions of property & equipment of Rs. 1.92 crore, purchase of equity instruments of Rs. 4.72 crore, proceeds from sale of equity instruments of Rs. 0 crore, purchase of debentures of Rs. 0.25 crore, investments in deposits of Rs. 35.33 crore, maturity of deposits of Rs. 0 crore, rental income received of Rs. 0 crore, interest income received of Rs. 25.94 crore and dividend received of Rs. 0.04 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 0 crore, proceeds from issue of share capital of Rs. 0 crore, dividend paid of Rs. 0 crore and proceeds from share application money pending allotment of Rs. 0 crore.

SGIC cash flow for 2079/80

In the financial year 2079/80, Sanima GIC Insurance Limited reported opening cash & cash equivalents of Rs. 12.1 crore, net cash flow from operating activities of Rs. 5.12 crore, net cash flow from investing activities of Rs. 13.22 crore, net cash flow from financing activities of Rs. 0.12 crore, net change in cash of Rs. 18.23 crore and closing cash & cash equivalents of Rs. 30.27 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 208.21 crore, reinsurance commission received of Rs. 37.86 crore, claim recovery received from reinsurers of Rs. 48.99 crore, other direct income received of Rs. 1.03 crore, other income received of Rs. 2.3 crore, gross benefits and claims paid of Rs. 93.56 crore, reinsurance premium paid of Rs. 151.16 crore, commission paid of Rs. 3.12 crore, service fees paid of Rs. 1.57 crore, employee benefits expenses paid of Rs. 23.4 crore, other expenses paid of Rs. 8.68 crore, other direct expenses paid of Rs. 1.2 crore, changes in working capital of Rs. 0 crore and income tax paid of Rs. 10.59 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.08 crore, acquisitions of property & equipment of Rs. 1.68 crore, purchase of equity instruments of Rs. 0.72 crore, proceeds from sale of equity instruments of Rs. 0 crore, purchase of debentures of Rs. 0 crore, investments in deposits of Rs. 8.22 crore, maturity of deposits of Rs. 0 crore, rental income received of Rs. 0 crore, interest income received of Rs. 24.71 crore and dividend received of Rs. 0.02 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 0 crore, proceeds from issue of share capital of Rs. 0 crore, dividend paid of Rs. 0 crore and proceeds from share application money pending allotment of Rs. 0 crore.

SGIC quarterly for Q4 2082/83

In the quarter Q4 2082/83, Sanima GIC Insurance Limited reported net earned premiums of Rs. 29.87 crore, other income of Rs. 23.06 crore, total income of Rs. 52.94 crore, net claims incurred of Rs. 22.86 crore, other expenses of Rs. 18.84 crore, total expenses of Rs. 41.7 crore, profit before tax of Rs. 11.24 crore and net profit for the year of Rs. 7.87 crore.

Reported under net earned premiums: gross earned premiums of Rs. 75.73 crore and premiums ceded of Rs. 45.85 crore. Reported under other income: commission income of Rs. 17.83 crore, other direct income of Rs. 0.39 crore, income from investments & loans of Rs. 3.1 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 1.36 crore and other income of Rs. 0.37 crore. Reported under net claims incurred: gross claims paid of Rs. 54.42 crore, claims ceded of Rs. 36.54 crore, gross change in contract liabilities of Rs. 35.97 crore and change in contract liabilities ceded to reinsurers of Rs. 40.95 crore. Reported under other expenses: commission expenses of Rs. 2.56 crore, service fees of Rs. 0.19 crore, other direct expenses of Rs. 0.54 crore, employee benefits expenses of Rs. 10.52 crore, depreciation and amortization expenses of Rs. 0.75 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 4.2 crore and finance cost of Rs. 0.08 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. 3.37 crore.

SGIC quarterly for Q3 2082/83

In the quarter Q3 2082/83, Sanima GIC Insurance Limited reported net earned premiums of Rs. 25.71 crore, other income of Rs. 14.87 crore, total income of Rs. 40.58 crore, net claims incurred of Rs. 9.37 crore, other expenses of Rs. 14.28 crore, total expenses of Rs. 23.65 crore, profit before tax of Rs. 16.93 crore and net profit for the year of Rs. 14.73 crore.

Reported under net earned premiums: gross earned premiums of Rs. 89.32 crore and premiums ceded of Rs. 63.61 crore. Reported under other income: commission income of Rs. 11.37 crore, other direct income of Rs. 0.4 crore, income from investments & loans of Rs. 2.38 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0.65 crore and other income of Rs. 0.07 crore. Reported under net claims incurred: gross claims paid of Rs. 48.54 crore, claims ceded of Rs. 34.54 crore, gross change in contract liabilities of Rs. 54.6 crore and change in contract liabilities ceded to reinsurers of Rs. 49.97 crore. Reported under other expenses: commission expenses of Rs. 1.83 crore, service fees of Rs. 0.12 crore, other direct expenses of Rs. 0.41 crore, employee benefits expenses of Rs. 7.36 crore, depreciation and amortization expenses of Rs. 1.51 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 2.89 crore and finance cost of Rs. 0.15 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. 2.2 crore.

SGIC quarterly for Q2 2082/83

In the quarter Q2 2082/83, Sanima GIC Insurance Limited reported net earned premiums of Rs. 16.52 crore, other income of Rs. 11.26 crore, total income of Rs. 27.78 crore, net claims incurred of Rs. 5.73 crore, other expenses of Rs. 11.62 crore, total expenses of Rs. 17.35 crore, profit before tax of Rs. 10.43 crore and net profit for the year of Rs. 10.43 crore.

Reported under net earned premiums: gross earned premiums of Rs. 63.29 crore and premiums ceded of Rs. 46.76 crore. Reported under other income: commission income of Rs. 9.41 crore, other direct income of Rs. 0.48 crore, income from investments & loans of Rs. 2.64 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 1.35 crore and other income of Rs. 0.07 crore. Reported under net claims incurred: gross claims paid of Rs. 42.99 crore, claims ceded of Rs. 31.99 crore, gross change in contract liabilities of Rs. 23.12 crore and change in contract liabilities ceded to reinsurers of Rs. 17.85 crore. Reported under other expenses: commission expenses of Rs. 1.51 crore, service fees of Rs. 0.12 crore, other direct expenses of Rs. 0.47 crore, employee benefits expenses of Rs. 6.41 crore, depreciation and amortization expenses of Rs. 0 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 3.12 crore and finance cost of Rs. 0 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.

SGIC quarterly for Q1 2082/83

In the quarter Q1 2082/83, Sanima GIC Insurance Limited reported net earned premiums of Rs. 11.2 crore, other income of Rs. 10.54 crore, total income of Rs. 21.74 crore, net claims incurred of Rs. 27.74 crore, other expenses of Rs. 14.01 crore, total expenses of Rs. 41.76 crore, profit before tax of Rs. 20.02 crore and net profit for the year of Rs. 20.02 crore.

Reported under net earned premiums: gross earned premiums of Rs. 44.62 crore and premiums ceded of Rs. 33.42 crore. Reported under other income: commission income of Rs. 6.96 crore, other direct income of Rs. 0.27 crore, income from investments & loans of Rs. 2.91 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0.35 crore and other income of Rs. 0.05 crore. Reported under net claims incurred: gross claims paid of Rs. 33.76 crore, claims ceded of Rs. 24.49 crore, gross change in contract liabilities of Rs. 104.16 crore and change in contract liabilities ceded to reinsurers of Rs. 85.69 crore. Reported under other expenses: commission expenses of Rs. 1.01 crore, service fees of Rs. 0.13 crore, other direct expenses of Rs. 0.26 crore, employee benefits expenses of Rs. 8.98 crore, depreciation and amortization expenses of Rs. 0.83 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 2.72 crore and finance cost of Rs. 0.08 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.

SGIC Profit & Loss

Values in Rs. Crore unless stated otherwise.

Particulars	2082/83	2081/82	2080/81	2079/80	2078/79
Net Earned Premiums	83.3	76.4	72.3	55.6	23.1
Gross Earned Premiums	273	253	251	210	85.2
Premiums Ceded	-190	-177	-179	-155	-62.0
Other Income	59.7	70.8	71.5	67.2	28.2
Commission Income	45.6	41.0	42.0	39.2	16.1
Other Direct Income	1.6	1.6	1.9	1.0	0.49
Income from Investments & Loans	11.0	17.0	25.8	24.7	11.4
Net Gain/(Loss) on Fair Value Changes	0.00	0.00	0.00	0.00	0.00
Net Realised Gains/(Losses)	1.0	10.8	1.3	0.00	0.00
Other Income	0.56	0.35	0.49	2.2	0.20
Total Income	143	147	144	123	51.3
Net Claims Incurred	-65.7	-38.9	-40.1	-33.2	-13.7
Gross Claims Paid	-180	-116	-90.6	-99.0	-26.4
Claims Ceded	128	78.5	54.3	69.8	16.2
Gross Change in Contract Liabilities	9.5	-49.5	-14.5	-28.3	-16.5
Change in Contract Liabilities Ceded to Reinsurers	-23.1	48.5	10.7	24.3	12.9
Other Expenses	-58.8	-60.0	-59.6	-49.4	-21.5
Commission Expenses	-6.9	-4.5	-3.7	-3.8	-1.5
Service Fees	-0.55	-0.59	-0.54	-0.58	-0.34
Other Direct Expenses	-1.7	-2.5	-2.8	-1.2	-0.64
Employee Benefits Expenses	-33.3	-35.5	-34.4	-28.5	-10.9
Depreciation and Amortization Expenses	-3.1	-3.5	-3.5	-2.4	-1.9
Impairment Losses	0.00	-0.04	0.00	0.06	0.00
Other Operating Expenses	-12.9	-12.9	-14.3	-13.0	-5.9
Finance Cost	-0.30	-0.34	-0.37	0.00	-0.25
Total Expenses	-124	-98.9	-99.7	-82.6	-35.2
Profit Before Tax	18.6	48.3	44.1	40.1	16.1
Share of Net Profit of Associates (Equity Method)	0.00	0.00	0.00	0.00	0.00
Net Profit for the Year	13.0	33.7	31.8	27.4	11.2
Income Tax Expense	-5.6	-14.6	-12.3	-12.8	-4.9

SGIC Balance Sheet

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81	2079/80	2078/79
Total Assets	818	717	635	271
Goodwill & Intangible Assets	4.2	4.2	4.3	0.05
Property and Equipment	12.0	14.2	9.0	10.2
Investment Properties	0.00	0.00	0.00	0.00
Deferred Tax Assets	14.9	12.8	10.6	4.7
Investment in Subsidiaries	0.00	0.00	0.00	0.00
Investment in Associates	0.00	0.00	0.00	0.00
Investments	341	334	293	152
Loans	2.1	1.4	1.1	0.51
Reinsurance Assets	327	250	226	75.6
Current Tax Assets	3.5	3.4	5.1	0.68
Insurance Receivables	29.5	31.6	34.9	4.0
Other Assets	40.0	12.6	10.5	5.6
Other Financial Assets	13.9	12.5	9.6	5.0
Cash and Cash Equivalent	30.1	40.7	30.3	12.1
Total Liabilities	492	420	369	148
Provisions	9.5	8.7	8.2	2.7
Gross Insurance Contract Liabilities	410	331	303	104
Deferred Tax Liabilities	0.00	0.00	0.00	0.00
Insurance Payables	32.5	42.4	30.7	21.4
Current Tax Liabilities	0.00	0.00	0.00	0.00
Borrowings	0.00	0.00	0.00	0.00
Other Liabilities	34.7	34.2	23.5	18.5
Other Financial Liabilities	4.8	4.4	4.1	1.4
Total Equity	326	297	265	123
Share Capital	215	200	200	100
Share Application Money Pending Allotment	0.00	0.00	0.00	0.00
Share Premium	0.00	0.00	0.00	0.00
Special Reserves	75.0	58.5	43.7	16.6
Catastrophe Reserves	4.6	3.8	3.0	1.4
Retained Earnings	17.3	18.2	8.9	0.21
Other Equity	14.3	16.5	9.6	4.9

SGIC Cash Flow

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81	2079/80	2078/79
Opening Cash & Cash Equivalents	40.7	30.3	12.1	13.6
Net Cash Flow from Operating Activities	-12.5	26.4	5.1	12.5
Gross Premium Received	278	266	208	105
Reinsurance Commission Received	42.5	45.8	37.9	20.3
Claim Recovery Received from Reinsurers	80.6	57.6	49.0	15.2
Other Direct Income Received	1.6	1.9	1.0	0.00
Other Income Received	0.06	-0.19	2.3	0.70
Gross Benefits and Claims Paid	-142	-92.7	-93.6	-30.3
Reinsurance Premium Paid	-208	-179	-151	-72.6
Commission Paid	-5.5	-3.9	-3.1	-1.9
Service Fees Paid	-3.4	-1.9	-1.6	-0.68
Employee Benefits Expenses Paid	-29.7	-30.5	-23.4	-9.8
Other Expenses Paid	-9.2	-17.3	-8.7	-6.5
Other Direct Expenses Paid	-2.5	-2.8	-1.2	0.00
Changes in Working Capital	0.00	0.00	0.00	0.00
Income Tax Paid	-15.3	-16.6	-10.6	-7.0
Net Cash Flow from Investing Activities	1.8	-16.1	13.2	-14.0
Acquisitions of Intangible Assets	0.00	-0.02	-0.08	0.00
Acquisitions of Property & Equipment	-1.2	-1.9	-1.7	-2.9
Purchase of Equity Instruments	-27.4	-4.7	-0.72	-0.35
Proceeds from Sale of Equity Instruments	0.00	0.00	0.00	0.00
Purchase of Debentures	0.00	0.25	0.00	0.00
Investments in Deposits	14.1	-35.3	-8.2	-21.6
Maturity of Deposits	0.00	0.00	0.00	0.00
Rental Income Received	0.00	0.00	0.00	0.00
Interest Income Received	17.0	25.9	24.7	11.4
Dividend Received	0.03	0.04	0.02	0.00
Net Cash Flow from Financing Activities	-0.12	-0.05	-0.12	-0.04
Payment of Finance Lease	0.00	0.00	0.00	0.00
Proceeds from Issue of Share Capital	0.00	0.00	0.00	0.00
Dividend Paid	0.00	0.00	0.00	0.00
Proceeds from Share Application Money Pending Allotment	0.00	0.00	0.00	0.00
Net Change in Cash	-10.8	10.2	18.2	-1.6
Closing Cash & Cash Equivalents	30.1	40.7	30.3	12.1

SGIC Quarterly Results

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	Q4 2080/81
Net Earned Premiums	29.9	25.7	16.5	11.2	29.2	21.2	17.5	10.8	26.4
Gross Earned Premiums	75.7	89.3	63.3	44.6	86.0	74.4	54.7	39.4	97.9
Premiums Ceded	-45.9	-63.6	-46.8	-33.4	-56.8	-53.2	-37.3	-28.6	-71.5
Other Income	23.1	14.9	11.3	10.5	15.8	20.1	16.2	16.8	25.7
Commission Income	17.8	11.4	9.4	7.0	12.3	12.0	8.7	6.4	18.7
Other Direct Income	0.39	0.40	0.48	0.27	0.31	0.47	0.48	0.30	0.31
Income from Investments & Loans	3.1	2.4	2.6	2.9	3.4	3.9	4.4	5.3	6.0
Net Gain/(Loss) on Fair Value Changes	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Realised Gains/(Losses)	1.4	0.65	-1.3	0.35	-0.36	3.7	2.6	4.8	0.52
Other Income	0.37	0.07	0.07	0.05	0.10	0.06	0.08	0.06	0.19
Total Income	52.9	40.6	27.8	21.7	45.0	41.3	33.7	27.6	52.1
Net Claims Incurred	-22.9	-9.4	-5.7	-27.7	-11.0	-11.1	-10.5	-6.1	-15.9
Gross Claims Paid	-54.4	-48.5	-43.0	-33.8	-51.3	-25.1	-24.1	-15.0	-24.4
Claims Ceded	36.5	34.5	32.0	24.5	39.4	16.1	16.2	7.1	11.8
Gross Change in Contract Liabilities	36.0	54.6	23.1	-104	68.5	41.3	-93.1	-74.7	12.8
Change in Contract Liabilities Ceded to Reinsurers	-41.0	-50.0	-17.9	85.7	-67.6	-43.4	90.5	76.5	-16.1
Other Expenses	-18.8	-14.3	-11.6	-14.0	-17.4	-14.2	-13.0	-14.2	-19.0
Commission Expenses	-2.6	-1.8	-1.5	-1.0	-1.8	-1.3	-0.81	-0.61	-1.4
Service Fees	-0.19	-0.12	-0.12	-0.13	-0.13	-0.10	-0.10	-0.11	-0.39
Other Direct Expenses	-0.54	-0.41	-0.47	-0.26	-0.68	-0.56	-0.57	-0.27	-0.86
Employee Benefits Expenses	-10.5	-7.4	-6.4	-9.0	-10.1	-8.4	-7.8	-10.0	-10.7
Depreciation and Amortization Expenses	-0.75	-1.5	0.00	-0.83	-0.86	-0.88	-1.1	-0.68	-0.68
Impairment Losses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Operating Expenses	-4.2	-2.9	-3.1	-2.7	-3.8	-3.0	-2.6	-2.5	-4.9
Finance Cost	-0.08	-0.15	0.00	-0.08	-0.08	-0.08	-0.08	-0.09	0.00
Total Expenses	-41.7	-23.7	-17.4	-41.8	-28.4	-25.3	-23.6	-20.4	-34.9
Profit Before Tax	11.2	16.9	10.4	-20.0	16.7	16.0	10.1	7.3	17.2
Share of Net Profit of Associates (Equity Method)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit for the Year	7.9	14.7	10.4	-20.0	11.7	11.2	7.1	5.1	13.0
Income Tax Expense	-3.4	-2.2	0.00	0.00	-5.0	-4.8	-3.0	-2.2	-4.2

Sanima GIC Insurance share price history

Over the last 15 trading sessions SGIC closed between Rs. 375.90 and Rs. 417.00, finishing at Rs. 397.00 on 2026-09-22 against Rs. 417.00 on 2026-08-26.

Date	Open	High	Low	Close	Volume
2026-09-22	398.00	400.00	391.10	397.00	7,813
2026-09-18	399.80	399.80	390.60	398.80	7,811
2026-09-17	395.10	400.00	390.50	395.00	10,780
2026-09-16	403.00	403.00	387.00	395.00	16,998
2026-09-15	400.00	420.00	390.00	396.00	21,305
2026-09-14	376.10	390.00	376.10	389.00	18,321
2026-09-11	377.00	380.50	376.00	380.50	5,826
2026-09-10	379.90	380.00	372.10	376.00	6,310
2026-09-09	380.00	381.00	375.00	378.00	13,429
2026-09-07	380.00	385.00	375.60	379.00	17,027
2026-09-03	375.00	380.60	375.00	379.80	10,686
2026-09-02	377.00	380.00	370.30	375.90	31,478
2026-09-01	378.00	389.30	373.50	383.00	34,338
2026-08-31	400.10	406.00	375.00	378.00	21,974
2026-08-26	430.00	433.00	404.10	417.00	37,457

SGIC share price by year

2026, between Rs. 370.30 and Rs. 523.00, 2025, between Rs. 418.10 and Rs. 652.40, 2024, between Rs. 432.34 and Rs. 723.90 and 2023, between Rs. 332.05 and Rs. 629.81.

Year	Low (Rs.)	High (Rs.)	Sessions
2026	370.30	523.00	168
2025	418.10	652.40	225
2024	432.34	723.90	232
2023	332.05	629.81	215

Sanima GIC Insurance share price returns

At Rs. 397.00 on 2026-09-22, SGIC is up 0.25% over 1 week, down 11.76% over 1 month, down 16.16% over 3 months, down 20.75% over 6 months and down 16.30% 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	+0.25%	396.00	2026-09-15
1 month	-11.76%	449.90	2026-08-21
3 months	-16.16%	473.50	2026-06-24
6 months	-20.75%	500.95	2026-03-26
1 year	-16.30%	474.33	2025-09-21

SGIC floorsheet for 2026-09-22

SGIC traded 106 times on 2026-09-22, moving 7,714 shares for Rs. 0.31 crore of turnover. Trades went through between Rs. 390.00 and Rs. 400.00.

Largest buyers by volume: broker 58, Naasa Securities Co. Ltd. on 2,163 shares across 19 trades, broker 16, Primo Securities Pvt. Limited on 750 shares across 8 trades, broker 36, Secured Securities Limited on 582 shares across 3 trades, broker 52, Sundhara Securities Limited on 550 shares across 5 trades, broker 6, Agrawal Securities Pvt. Limited on 491 shares across 4 trades, broker 21, Midas Stock Broking Company Pvt. Limited on 450 shares across 5 trades, broker 65, Sharepro Securities Private Limited on 432 shares across 9 trades, broker 4, Stock Broker Opal Securities Investment Pvt. Limited on 315 shares across 6 trades, broker 41, Linch Stock Market Limited on 302 shares across 4 trades and broker 3, Arun Securities Pvt. Limited on 293 shares across 1 trades.

Largest sellers by volume: broker 45, Imperial Securities Co. Limited on 3,093 shares across 14 trades, broker 3, Arun Securities Pvt. Limited on 1,004 shares across 6 trades, broker 65, Sharepro Securities Private Limited on 600 shares across 5 trades, broker 51, Oxford Securities Pvt.Ltd on 390 shares across 6 trades, broker 52, Sundhara Securities Limited on 343 shares across 5 trades, broker 29, Trishul Securities And Investment Limited on 289 shares across 3 trades, broker 32, Premier Securites Company Limited on 261 shares across 3 trades, broker 1, Kumari Securities Pvt. Limited on 243 shares across 5 trades, broker 33, Dakshinkali Investment Securities Pvt.Limited on 200 shares across 3 trades and broker 7, J.F. Securities Company Pvt. Limited on 170 shares across 4 trades.

SGIC dividend history: bonus shares and cash dividend

Sanima GIC Insurance Limited most recently declared a 5% bonus share issue for 2081/2082, announced on 2026-04-23. 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
2081/2082	5%		2026-04-23
2080/2081	7.5%		2025-03-10

For 2081/2082 Sanima GIC Insurance Limited declared a 5% bonus share issue, announced on 2026-04-23.

For 2080/2081 Sanima GIC Insurance Limited declared a 7.5% bonus share issue, announced on 2025-03-10.

SGIC right share issues

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

: ratio 25%

SGIC general meetings

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

8th AGM for 2081/2082: on 2026-05-20, at Nepal Police Club, Pradarshani Marg, Kathmandu (11:00 AM)
7th AGM for 2080/2081: on 2025-04-03, at Amritbhog, Kalikasthan, Kathmandu (11:00 AM)
6th AGM for 2079/2080: on 2024-04-11, at Amritbhog, Kalikasthan, Kathmandu (11:00 AM)

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

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