Shikhar Insurance (SICL) share price is Rs. 544.00, up 1.49% on 2026-10-12. Open Rs. 522.00. High Rs. 548.80. Low Rs. 520.00. Volume 6,000.
Shikhar Insurance Co. Ltd. is a NEPSE-listed company (SICL), Non Life Insurance sector. Premium: Rs. 195.51 Crore. Net profit: Rs. 13.01 Crore. Net worth: Rs. 581.07 Crore.
Shikhar Insurance Company Limited is a non-life (general) insurer headquartered at Shikhar Biz Centre, Thapathali, Kathmandu, Nepal. Incorporated as a public limited company in 2061 BS (2004), it began insurance operations in Mangsir 2061 and is one of the leading non-life insurers in Nepal, known for the largest catastrophic reinsurance program in the Nepalese industry.
Shikhar Insurance Co. Ltd. (SICL) has 3,10,15,678 shares outstanding. It listed on NEPSE in 2007. Its most recent declared dividend was 0.32% on face value.
| Market Cap | Rs. 1,687.25 Crore |
|---|---|
| P/E Ratio | 37.33 |
| P/E Ratio (TTM) | 129.70 |
| EPS | Rs. 14.57 |
| EPS (TTM) | Rs. 4.19 |
| Book Value | Rs. 187.35 |
| Dividend Yield | 0.06% |
| Face Value | Rs. 100.00 |
| 52 Week High | Rs. 690.00 |
| 52 Week Low | Rs. 508.00 |
| Listed Since | 2007 |
What Shikhar Insurance Co. Ltd.'s own accounts show in its favour, graded against the rest of its sector.
What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.
In Q4 2082/83 Shikhar Insurance Co. Ltd. reported profit of Rs. 5.95 crore and net earned premiums of Rs. 64.77 crore. Profit in Q3 2082/83 was Rs. 11.53 crore. Profit fell 48.39% on the previous quarter. Net earned premiums grew 22.93% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 9.57 crore. Profit fell 37.79% on the same quarter last year. Net earned premiums grew 28.59% on the same quarter last year.
For the financial year 2082/83 Shikhar Insurance Co. Ltd. reported net profit of Rs. 13.01 crore, net earned premiums of Rs. 195.51 crore and net worth of Rs. 581.07 crore. Net profit in 2081/82 was Rs. 45.2 crore. Net profit fell 71.22% on the year. Net earned premiums grew 10.64% on the year.
In the financial year 2082/83, Shikhar Insurance Co. Ltd. reported net earned premiums of Rs. 195.51 crore, other income of Rs. 97.59 crore, total income of Rs. 295.55 crore, net claims incurred of Rs. 158.9 crore, other expenses of Rs. 116.97 crore, total expenses of Rs. 277.81 crore, profit before tax of Rs. 17.74 crore and net profit for the year of Rs. 13.01 crore.
Reported under net earned premiums: gross earned premiums of Rs. 621.13 crore and premiums ceded of Rs. 425.62 crore. Reported under other income: commission income of Rs. 75.66 crore, income from investments & loans of Rs. 18.63 crore, net realised gains/(losses) of Rs. 0.2 crore and other income of Rs. 3.49 crore. Reported under net claims incurred: gross claims paid of Rs. 397.58 crore, claims ceded of Rs. 257.39 crore, gross change in contract liabilities of Rs. 169.58 crore and change in contract liabilities ceded to reinsurers of Rs. 150.87 crore. Reported under other expenses: commission expenses of Rs. 6.07 crore, service fees of Rs. 1.61 crore, employee benefits expenses of Rs. 62.32 crore, depreciation and amortization expenses of Rs. 6.88 crore, other operating expenses of Rs. 36.19 crore and finance cost of Rs. 3.91 crore. Reported under net profit for the year: income tax expense of Rs. 4.73 crore.
In the financial year 2081/82, Shikhar Insurance Co. Ltd. reported net earned premiums of Rs. 176.71 crore, other income of Rs. 98.36 crore, total income of Rs. 275.07 crore, net claims incurred of Rs. 102.13 crore, other expenses of Rs. 106.7 crore, total expenses of Rs. 208.83 crore, profit before tax of Rs. 66.3 crore and net profit for the year of Rs. 45.2 crore.
Reported under net earned premiums: gross earned premiums of Rs. 562.99 crore and premiums ceded of Rs. 386.28 crore. Reported under other income: commission income of Rs. 65.94 crore, other direct income of Rs. 3.68 crore, income from investments & loans of Rs. 25.45 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 2.4 crore and other income of Rs. 0.89 crore. Reported under net claims incurred: gross claims paid of Rs. 302.79 crore, claims ceded of Rs. 205.17 crore, gross change in contract liabilities of Rs. 49.69 crore and change in contract liabilities ceded to reinsurers of Rs. 45.17 crore. Reported under other expenses: commission expenses of Rs. 7.3 crore, service fees of Rs. 1.46 crore, other direct expenses of Rs. 2.22 crore, employee benefits expenses of Rs. 61.5 crore, depreciation and amortization expenses of Rs. 5.26 crore, impairment losses of Rs. 0 crore, other operating expenses of Rs. 27.01 crore and finance cost of Rs. 1.96 crore. Reported under profit before tax: share of net profit of associates (equity method) of Rs. 0.06 crore. Reported under net profit for the year: income tax expense of Rs. 21.1 crore.
In the financial year 2080/81, Shikhar Insurance Co. Ltd. reported net earned premiums of Rs. 129.79 crore, other income of Rs. 114.52 crore, total income of Rs. 244.31 crore, net claims incurred of Rs. 86.36 crore, other expenses of Rs. 95.26 crore, total expenses of Rs. 181.62 crore, profit before tax of Rs. 62.72 crore and net profit for the year of Rs. 44.53 crore.
Reported under net earned premiums: gross earned premiums of Rs. 525.82 crore and premiums ceded of Rs. 396.03 crore. Reported under other income: commission income of Rs. 71.97 crore, other direct income of Rs. 3.88 crore, income from investments & loans of Rs. 33.7 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0.22 crore and other income of Rs. 5.19 crore. Reported under net claims incurred: gross claims paid of Rs. 224.88 crore, claims ceded of Rs. 138.09 crore, gross change in contract liabilities of Rs. 7.63 crore and change in contract liabilities ceded to reinsurers of Rs. 8.06 crore. Reported under other expenses: commission expenses of Rs. 3.43 crore, service fees of Rs. 1.12 crore, other direct expenses of Rs. 2.11 crore, employee benefits expenses of Rs. 56.83 crore, depreciation and amortization expenses of Rs. 4.85 crore, impairment losses of Rs. 0.64 crore, other operating expenses of Rs. 23.06 crore and finance cost of Rs. 3.22 crore. Reported under profit before tax: share of net profit of associates (equity method) of Rs. 0.03 crore. Reported under net profit for the year: income tax expense of Rs. 18.19 crore.
In the financial year 2081/82, Shikhar Insurance Co. Ltd. reported total assets of Rs. 1,296.47 crore, total liabilities of Rs. 715.4 crore and total equity of Rs. 581.07 crore.
Reported under total assets: goodwill & intangible assets of Rs. 1.19 crore, property and equipment of Rs. 76.37 crore, investment properties of Rs. 7.64 crore, deferred tax assets of Rs. 5.7 crore, investment in associates of Rs. 24.12 crore, investments of Rs. 466.25 crore, reinsurance assets of Rs. 458.16 crore, current tax assets of Rs. 7.79 crore, insurance receivables of Rs. 109.84 crore, other assets of Rs. 48.95 crore, other financial assets of Rs. 77.89 crore and cash and cash equivalent of Rs. 12.58 crore. Reported under total liabilities: provisions of Rs. 17.4 crore, gross insurance contract liabilities of Rs. 595.15 crore, insurance payables of Rs. 0.78 crore, borrowings of Rs. 9.62 crore, other liabilities of Rs. 40.21 crore and other financial liabilities of Rs. 52.25 crore. Reported under total equity: share capital of Rs. 292.31 crore, share premium of Rs. 0 crore, special reserves of Rs. 191.77 crore, catastrophe reserves of Rs. 16.12 crore, retained earnings of Rs. 21.05 crore and other equity of Rs. 59.83 crore.
In the financial year 2080/81, Shikhar Insurance Co. Ltd. reported total assets of Rs. 1,159.47 crore, total liabilities of Rs. 623.43 crore and total equity of Rs. 536.04 crore.
Reported under total assets: goodwill & intangible assets of Rs. 0.97 crore, property and equipment of Rs. 72.55 crore, investment properties of Rs. 7.84 crore, deferred tax assets of Rs. 7.24 crore, investment in associates of Rs. 16.36 crore, investments of Rs. 456.23 crore, reinsurance assets of Rs. 408.27 crore, current tax assets of Rs. 12.91 crore, insurance receivables of Rs. 54.08 crore, other assets of Rs. 36.41 crore, other financial assets of Rs. 72.02 crore and cash and cash equivalent of Rs. 14.59 crore. Reported under total liabilities: provisions of Rs. 15.71 crore, gross insurance contract liabilities of Rs. 529.41 crore, insurance payables of Rs. 21.47 crore, borrowings of Rs. 2.7 crore, other liabilities of Rs. 41.63 crore and other financial liabilities of Rs. 12.51 crore. Reported under total equity: share capital of Rs. 265.49 crore, share premium of Rs. 0 crore, special reserves of Rs. 168.75 crore, catastrophe reserves of Rs. 13.81 crore, retained earnings of Rs. 28.75 crore and other equity of Rs. 59.23 crore.
In the financial year 2079/80, Shikhar Insurance Co. Ltd. reported total assets of Rs. 1,104.36 crore, total liabilities of Rs. 615.68 crore and total equity of Rs. 488.68 crore.
Reported under total assets: goodwill & intangible assets of Rs. 0.89 crore, property and equipment of Rs. 78.16 crore, investment properties of Rs. 0 crore, deferred tax assets of Rs. 9.24 crore, investment in associates of Rs. 7.29 crore, investments of Rs. 418.67 crore, reinsurance assets of Rs. 391.43 crore, current tax assets of Rs. 0.59 crore, insurance receivables of Rs. 92.44 crore, other assets of Rs. 34.34 crore, other financial assets of Rs. 59.5 crore and cash and cash equivalent of Rs. 11.79 crore. Reported under total liabilities: provisions of Rs. 13.26 crore, gross insurance contract liabilities of Rs. 506.22 crore, insurance payables of Rs. 12.13 crore, borrowings of Rs. 14.78 crore, other liabilities of Rs. 38.55 crore and other financial liabilities of Rs. 30.73 crore. Reported under total equity: share capital of Rs. 265.49 crore, share premium of Rs. 0 crore, special reserves of Rs. 146.23 crore, catastrophe reserves of Rs. 11.56 crore, retained earnings of Rs. 8.95 crore and other equity of Rs. 56.44 crore.
In the financial year 2081/82, Shikhar Insurance Co. Ltd. reported opening cash & cash equivalents of Rs. 14.59 crore, net cash flow from operating activities of Rs. 6.1 crore, net cash flow from investing activities of Rs. 9.91 crore, net cash flow from financing activities of Rs. 1.81 crore, net change in cash of Rs. 2 crore and closing cash & cash equivalents of Rs. 12.58 crore.
Reported under net cash flow from operating activities: gross premium received of Rs. 579.04 crore, reinsurance commission received of Rs. 63.4 crore, claim recovery received from reinsurers of Rs. 149.42 crore, other direct income received of Rs. 3.68 crore, other income received of Rs. 0.89 crore, gross benefits and claims paid of Rs. 266.89 crore, reinsurance premium paid of Rs. 408.81 crore, commission paid of Rs. 5.86 crore, service fees paid of Rs. 7.32 crore, employee benefits expenses paid of Rs. 60.39 crore, other expenses paid of Rs. 23.71 crore, other direct expenses paid of Rs. 2.22 crore and income tax paid of Rs. 15.14 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.34 crore, acquisitions of property & equipment of Rs. 4.93 crore, purchase of equity instruments of Rs. 18.26 crore, proceeds from sale of equity instruments of Rs. 0 crore, purchase of debentures of Rs. 10.09 crore, investments in deposits of Rs. 7 crore, maturity of deposits of Rs. 0 crore, rental income received of Rs. 1.97 crore, interest income received of Rs. 22.73 crore and dividend received of Rs. 0.66 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 2.53 crore, proceeds from issue of share capital of Rs. 0 crore and dividend paid of Rs. 0 crore.
In the financial year 2080/81, Shikhar Insurance Co. Ltd. reported opening cash & cash equivalents of Rs. 11.79 crore, net cash flow from operating activities of Rs. 33.81 crore, net cash flow from investing activities of Rs. 13.55 crore, net cash flow from financing activities of Rs. 17.46 crore, net change in cash of Rs. 2.8 crore and closing cash & cash equivalents of Rs. 14.59 crore.
Reported under net cash flow from operating activities: gross premium received of Rs. 541.38 crore, reinsurance commission received of Rs. 73.68 crore, claim recovery received from reinsurers of Rs. 176.45 crore, other direct income received of Rs. 3.88 crore, other income received of Rs. 4.97 crore, gross benefits and claims paid of Rs. 224.88 crore, reinsurance premium paid of Rs. 392.53 crore, commission paid of Rs. 5.42 crore, service fees paid of Rs. 4.16 crore, employee benefits expenses paid of Rs. 54.89 crore, other expenses paid of Rs. 52.57 crore, other direct expenses paid of Rs. 2.12 crore and income tax paid of Rs. 30.01 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.19 crore, acquisitions of property & equipment of Rs. 5.05 crore, purchase of equity instruments of Rs. 0 crore, proceeds from sale of equity instruments of Rs. 14.63 crore, purchase of debentures of Rs. 3.17 crore, investments in deposits of Rs. 21.35 crore, maturity of deposits of Rs. 0 crore, rental income received of Rs. 1.9 crore, interest income received of Rs. 31.61 crore and dividend received of Rs. 0.16 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 2.48 crore, proceeds from issue of share capital of Rs. 0 crore and dividend paid of Rs. 0 crore.
In the financial year 2079/80, Shikhar Insurance Co. Ltd. reported opening cash & cash equivalents of Rs. 31.61 crore, net cash flow from operating activities of Rs. 16.6 crore, net cash flow from investing activities of Rs. 9.91 crore, net cash flow from financing activities of Rs. 13.13 crore, net change in cash of Rs. 19.82 crore and closing cash & cash equivalents of Rs. 11.79 crore.
Reported under net cash flow from operating activities: gross premium received of Rs. 531.72 crore, reinsurance commission received of Rs. 59.4 crore, claim recovery received from reinsurers of Rs. 147.96 crore, other direct income received of Rs. 1.34 crore, other income received of Rs. 0.87 crore, gross benefits and claims paid of Rs. 250.65 crore, reinsurance premium paid of Rs. 398.05 crore, commission paid of Rs. 2.88 crore, service fees paid of Rs. 4.75 crore, employee benefits expenses paid of Rs. 57.12 crore, other expenses paid of Rs. 28.8 crore, other direct expenses paid of Rs. 1.68 crore and income tax paid of Rs. 13.95 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.29 crore, acquisitions of property & equipment of Rs. 3.58 crore, purchase of equity instruments of Rs. 0 crore, proceeds from sale of equity instruments of Rs. 8.11 crore, purchase of debentures of Rs. 6.79 crore, investments in deposits of Rs. 1.58 crore, maturity of deposits of Rs. 0 crore, rental income received of Rs. 1.79 crore, interest income received of Rs. 35.05 crore and dividend received of Rs. 0.54 crore. Reported under net cash flow from financing activities: payment of finance lease of Rs. 2.04 crore, proceeds from issue of share capital of Rs. 0 crore and dividend paid of Rs. 0 crore.
In the quarter Q4 2082/83, Shikhar Insurance Co. Ltd. reported net earned premiums of Rs. 64.77 crore, other income of Rs. 36.32 crore, total income of Rs. 101.09 crore, net claims incurred of Rs. 45.16 crore, other expenses of Rs. 47.6 crore, total expenses of Rs. 92.76 crore, profit before tax of Rs. 8.33 crore and net profit for the year of Rs. 5.95 crore.
Reported under net earned premiums: gross earned premiums of Rs. 219.41 crore and premiums ceded of Rs. 154.64 crore. Reported under other income: commission income of Rs. 28.98 crore, other direct income of Rs. 2.45 crore, income from investments & loans of Rs. 3.39 crore, net realised gains/(losses) of Rs. 0.1 crore and other income of Rs. 1.6 crore. Reported under net claims incurred: gross claims paid of Rs. 125.83 crore, claims ceded of Rs. 74.34 crore, gross change in contract liabilities of Rs. 3.1 crore and change in contract liabilities ceded to reinsurers of Rs. 9.43 crore. Reported under other expenses: commission expenses of Rs. 1.96 crore, service fees of Rs. 0.32 crore, other direct expenses of Rs. 1.75 crore, employee benefits expenses of Rs. 19.78 crore, depreciation and amortization expenses of Rs. 2.7 crore, impairment losses of Rs. 0.18 crore, other operating expenses of Rs. 19.47 crore and finance cost of Rs. 1.44 crore. Reported under net profit for the year: income tax expense of Rs. 2.38 crore.
In the quarter Q3 2082/83, Shikhar Insurance Co. Ltd. reported net earned premiums of Rs. 52.69 crore, other income of Rs. 18.78 crore, total income of Rs. 71.47 crore, net claims incurred of Rs. 28.57 crore, other expenses of Rs. 27.1 crore, total expenses of Rs. 55.67 crore, profit before tax of Rs. 15.8 crore and net profit for the year of Rs. 11.53 crore.
Reported under net earned premiums: gross earned premiums of Rs. 185.56 crore and premiums ceded of Rs. 132.88 crore. Reported under other income: commission income of Rs. 15.7 crore, income from investments & loans of Rs. 2.71 crore, net realised gains/(losses) of Rs. 0.01 crore and other income of Rs. 0.39 crore. Reported under net claims incurred: gross claims paid of Rs. 87.66 crore, claims ceded of Rs. 52.19 crore, gross change in contract liabilities of Rs. 81.08 crore and change in contract liabilities ceded to reinsurers of Rs. 74.18 crore. Reported under other expenses: commission expenses of Rs. 0.9 crore, service fees of Rs. 0.27 crore, employee benefits expenses of Rs. 16.48 crore, depreciation and amortization expenses of Rs. 1.05 crore, other operating expenses of Rs. 7.11 crore and finance cost of Rs. 1.29 crore. Reported under net profit for the year: income tax expense of Rs. 4.26 crore.
In the quarter Q2 2082/83, Shikhar Insurance Co. Ltd. reported net earned premiums of Rs. 48.98 crore, other income of Rs. 20.11 crore, total income of Rs. 69.08 crore, net claims incurred of Rs. 27.86 crore, other expenses of Rs. 24.96 crore, total expenses of Rs. 52.82 crore, profit before tax of Rs. 16.26 crore and net profit for the year of Rs. 11.39 crore.
Reported under net earned premiums: gross earned premiums of Rs. 125.48 crore and premiums ceded of Rs. 76.5 crore. Reported under other income: commission income of Rs. 14.16 crore, income from investments & loans of Rs. 5.93 crore, net realised gains/(losses) of Rs. 0.02 crore and other income of Rs. 0 crore. Reported under net claims incurred: gross claims paid of Rs. 116.07 crore, claims ceded of Rs. 83.54 crore, gross change in contract liabilities of Rs. 20.51 crore and change in contract liabilities ceded to reinsurers of Rs. 25.17 crore. Reported under other expenses: commission expenses of Rs. 1.19 crore, service fees of Rs. 0.25 crore, employee benefits expenses of Rs. 15.1 crore, depreciation and amortization expenses of Rs. 1.82 crore, other operating expenses of Rs. 6.04 crore and finance cost of Rs. 0.56 crore. Reported under net profit for the year: income tax expense of Rs. 4.88 crore.
In the quarter Q1 2082/83, Shikhar Insurance Co. Ltd. reported net earned premiums of Rs. 29.08 crore, other income of Rs. 24.82 crore, total income of Rs. 53.9 crore, net claims incurred of Rs. 57.31 crore, other expenses of Rs. 19.25 crore, total expenses of Rs. 76.56 crore, profit before tax of Rs. 22.66 crore and net profit for the year of Rs. 15.86 crore.
Reported under net earned premiums: gross earned premiums of Rs. 90.68 crore and premiums ceded of Rs. 61.6 crore. Reported under other income: commission income of Rs. 16.83 crore, income from investments & loans of Rs. 6.6 crore, net realised gains/(losses) of Rs. 0.11 crore and other income of Rs. 1.5 crore. Reported under net claims incurred: gross claims paid of Rs. 68.02 crore, claims ceded of Rs. 47.31 crore, gross change in contract liabilities of Rs. 227.06 crore and change in contract liabilities ceded to reinsurers of Rs. 190.46 crore. Reported under other expenses: commission expenses of Rs. 2.03 crore, service fees of Rs. 0.77 crore, employee benefits expenses of Rs. 10.95 crore, depreciation and amortization expenses of Rs. 1.31 crore, other operating expenses of Rs. 3.57 crore and finance cost of Rs. 0.62 crore. Reported under net profit for the year: income tax expense of Rs. 6.8 crore.
Values in Rs. Crore unless stated otherwise.
| Particulars | 2082/83 | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 |
|---|---|---|---|---|---|---|
| Net Earned Premiums | 196 | 177 | 130 | 138 | 123 | 115 |
| Gross Earned Premiums | 621 | 563 | 526 | 530 | 439 | 375 |
| Premiums Ceded | -426 | -386 | -396 | -392 | -316 | -260 |
| Other Income | 97.6 | 98.4 | 115 | 107 | 98.7 | 88.8 |
| Commission Income | 75.7 | 65.9 | 72.0 | 64.6 | 66.6 | 49.8 |
| Other Direct Income | Not reported | 3.7 | 3.9 | 1.3 | 0.00 | 0.00 |
| Income from Investments & Loans | 18.6 | 25.4 | 33.7 | 37.5 | 26.1 | 24.2 |
| Net Gain/(Loss) on Fair Value Changes | Not reported | 0.00 | 0.00 | 0.00 | -1.3 | 3.8 |
| Net Realised Gains/(Losses) | -0.20 | 2.4 | -0.22 | -1.7 | 0.33 | 7.8 |
| Other Income | 3.5 | 0.89 | 5.2 | 5.2 | 7.0 | 3.2 |
| Total Income | 296 | 275 | 244 | 245 | 222 | 204 |
| Net Claims Incurred | -159 | -102 | -86.4 | -105 | -107 | -91.8 |
| Gross Claims Paid | -398 | -303 | -225 | -267 | -238 | -220 |
| Claims Ceded | 257 | 205 | 138 | 155 | 134 | 131 |
| Gross Change in Contract Liabilities | -170 | -49.7 | -7.6 | 35.6 | -10.0 | -151 |
| Change in Contract Liabilities Ceded to Reinsurers | 151 | 45.2 | 8.1 | -28.9 | 7.1 | 148 |
| Other Expenses | -117 | -107 | -95.3 | -90.9 | -78.4 | -67.8 |
| Commission Expenses | -6.1 | -7.3 | -3.4 | -2.9 | -2.7 | -3.4 |
| Service Fees | -1.6 | -1.5 | -1.1 | -1.2 | -1.3 | -1.2 |
| Other Direct Expenses | Not reported | -2.2 | -2.1 | -1.7 | 0.00 | 0.00 |
| Employee Benefits Expenses | -62.3 | -61.5 | -56.8 | -51.6 | -47.0 | -40.8 |
| Depreciation and Amortization Expenses | -6.9 | -5.3 | -4.8 | -3.7 | -5.2 | -2.0 |
| Impairment Losses | Not reported | 0.00 | -0.64 | -3.7 | -2.8 | -1.5 |
| Other Operating Expenses | -36.2 | -27.0 | -23.1 | -22.1 | -17.1 | -18.0 |
| Finance Cost | -3.9 | -2.0 | -3.2 | -4.1 | -2.4 | -0.88 |
| Total Expenses | -278 | -209 | -182 | -196 | -185 | -160 |
| Profit Before Tax | 17.7 | 66.3 | 62.7 | 48.6 | 36.7 | 44.2 |
| Share of Net Profit of Associates (Equity Method) | Not reported | 0.06 | 0.03 | -0.00 | 0.01 | -0.50 |
| Net Profit for the Year | 13.0 | 45.2 | 44.5 | 22.6 | 26.4 | 31.2 |
| Income Tax Expense | -4.7 | -21.1 | -18.2 | -26.0 | -10.3 | -13.0 |
Values in Rs. Crore unless stated otherwise.
| Particulars | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 |
|---|---|---|---|---|---|
| Total Assets | 1,296 | 1,159 | 1,104 | 1,125 | 951 |
| Goodwill & Intangible Assets | 1.2 | 0.97 | 0.89 | 0.10 | 0.00 |
| Property and Equipment | 76.4 | 72.5 | 78.2 | 78.0 | 66.1 |
| Investment Properties | 7.6 | 7.8 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | 5.7 | 7.2 | 9.2 | 12.9 | 9.0 |
| Investment in Associates | 24.1 | 16.4 | 7.3 | 5.3 | 5.3 |
| Investments | 466 | 456 | 419 | 399 | 315 |
| Reinsurance Assets | 458 | 408 | 391 | 424 | 372 |
| Current Tax Assets | 7.8 | 12.9 | 0.59 | 10.0 | 6.6 |
| Insurance Receivables | 110 | 54.1 | 92.4 | 85.2 | 79.0 |
| Other Assets | 48.9 | 36.4 | 34.3 | 39.8 | 37.1 |
| Other Financial Assets | 77.9 | 72.0 | 59.5 | 39.2 | 25.6 |
| Cash and Cash Equivalent | 12.6 | 14.6 | 11.8 | 31.6 | 35.2 |
| Total Liabilities | 715 | 623 | 616 | 655 | 566 |
| Provisions | 17.4 | 15.7 | 13.3 | 17.4 | 8.0 |
| Gross Insurance Contract Liabilities | 595 | 529 | 506 | 540 | 481 |
| Insurance Payables | 0.78 | 21.5 | 12.1 | 24.5 | 13.4 |
| Borrowings | 9.6 | 2.7 | 14.8 | 20.0 | 21.7 |
| Other Liabilities | 40.2 | 41.6 | 38.6 | 33.4 | 29.2 |
| Other Financial Liabilities | 52.2 | 12.5 | 30.7 | 20.1 | 12.6 |
| Total Equity | 581 | 536 | 489 | 470 | 384 |
| Share Capital | 292 | 265 | 265 | 229 | 176 |
| Share Premium | 0.00 | 0.00 | 0.00 | 16.1 | 9.6 |
| Special Reserves | 192 | 169 | 146 | 134 | 121 |
| Catastrophe Reserves | 16.1 | 13.8 | 11.6 | 12.6 | 11.1 |
| Retained Earnings | 21.0 | 28.8 | 8.9 | 26.7 | 18.7 |
| Other Equity | 59.8 | 59.2 | 56.4 | 52.1 | 48.1 |
Values in Rs. Crore unless stated otherwise.
| Particulars | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 |
|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 14.6 | 11.8 | 31.6 | 35.2 | 53.8 |
| Net Cash Flow from Operating Activities | 6.1 | 33.8 | -16.6 | 16.6 | -63.5 |
| Gross Premium Received | 579 | 541 | 532 | 488 | 392 |
| Reinsurance Commission Received | 63.4 | 73.7 | 59.4 | 73.2 | 54.2 |
| Claim Recovery Received from Reinsurers | 149 | 176 | 148 | 126 | 172 |
| Other Direct Income Received | 3.7 | 3.9 | 1.3 | 0.00 | 0.00 |
| Other Income Received | 0.89 | 5.0 | 0.87 | 6.9 | 3.2 |
| Gross Benefits and Claims Paid | -267 | -225 | -251 | -238 | -220 |
| Reinsurance Premium Paid | -409 | -393 | -398 | -346 | -356 |
| Commission Paid | -5.9 | -5.4 | -2.9 | -3.2 | -1.3 |
| Service Fees Paid | -7.3 | -4.2 | -4.7 | -4.1 | -3.6 |
| Employee Benefits Expenses Paid | -60.4 | -54.9 | -57.1 | -43.7 | -47.2 |
| Other Expenses Paid | -23.7 | -52.6 | -28.8 | -24.3 | -41.8 |
| Other Direct Expenses Paid | -2.2 | -2.1 | -1.7 | 0.00 | 0.00 |
| Income Tax Paid | -15.1 | -30.0 | -14.0 | -17.7 | -14.8 |
| Net Cash Flow from Investing Activities | -9.9 | -13.5 | 9.9 | -75.2 | 22.9 |
| Acquisitions of Intangible Assets | -0.34 | -0.19 | -0.29 | 0.00 | 0.00 |
| Acquisitions of Property & Equipment | -4.9 | -5.1 | -3.6 | -16.4 | -3.8 |
| Purchase of Equity Instruments | -18.3 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceeds from Sale of Equity Instruments | 0.00 | -14.6 | -8.1 | -12.6 | 5.4 |
| Purchase of Debentures | -10.1 | -3.2 | -6.8 | -4.7 | -12.1 |
| Investments in Deposits | 7.0 | -21.4 | -1.6 | -67.6 | 0.00 |
| Maturity of Deposits | 0.00 | 0.00 | 0.00 | 0.00 | 7.2 |
| Rental Income Received | 2.0 | 1.9 | 1.8 | 1.7 | 1.7 |
| Interest Income Received | 22.7 | 31.6 | 35.0 | 23.5 | 22.3 |
| Dividend Received | 0.66 | 0.16 | 0.54 | 0.76 | 0.20 |
| Net Cash Flow from Financing Activities | 1.8 | -17.5 | -13.1 | 55.0 | 22.0 |
| Payment of Finance Lease | -2.5 | -2.5 | -2.0 | 0.00 | 0.00 |
| Proceeds from Issue of Share Capital | 0.00 | 0.00 | 0.00 | 59.3 | 21.8 |
| Dividend Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Change in Cash | -2.0 | 2.8 | -19.8 | -3.6 | -18.6 |
| Closing Cash & Cash Equivalents | 12.6 | 14.6 | 11.8 | 31.6 | 35.2 |
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 | 64.8 | 52.7 | 49.0 | 29.1 | 50.4 | 49.0 | 35.5 | 28.2 | 48.0 |
| Gross Earned Premiums | 219 | 186 | 125 | 90.7 | 197 | 125 | 123 | 81.7 | 181 |
| Premiums Ceded | -155 | -133 | -76.5 | -61.6 | -147 | -76.5 | -87.8 | -53.4 | -133 |
| Other Income | 36.3 | 18.8 | 20.1 | 24.8 | 36.7 | 20.1 | 25.6 | 26.9 | 28.3 |
| Commission Income | 29.0 | 15.7 | 14.2 | 16.8 | 29.1 | 14.2 | 18.0 | 15.6 | 19.7 |
| Other Direct Income | 2.4 | Not reported | Not reported | Not reported | 2.1 | Not reported | Not reported | Not reported | Not reported |
| Income from Investments & Loans | 3.4 | 2.7 | 5.9 | 6.6 | 4.3 | 5.9 | 6.8 | 10.3 | 7.6 |
| Net Realised Gains/(Losses) | -0.10 | -0.01 | 0.02 | -0.11 | 0.83 | 0.02 | 0.00 | Not reported | -0.13 |
| Other Income | 1.6 | 0.39 | 0.00 | 1.5 | 0.42 | 0.00 | 0.80 | 1.1 | 1.2 |
| Total Income | 101 | 71.5 | 69.1 | 53.9 | 87.1 | 69.1 | 61.2 | 55.2 | 76.3 |
| Net Claims Incurred | -45.2 | -28.6 | -27.9 | -57.3 | -33.8 | -27.9 | -18.4 | -19.9 | -37.9 |
| Gross Claims Paid | -126 | -87.7 | -116 | -68.0 | -103 | -116 | -69.4 | -64.4 | -82.6 |
| Claims Ceded | 74.3 | 52.2 | 83.5 | 47.3 | 74.9 | 83.5 | 51.4 | 45.3 | 46.7 |
| Gross Change in Contract Liabilities | -3.1 | 81.1 | -20.5 | -227 | -24.7 | -20.5 | -32.5 | -120 | 15.5 |
| Change in Contract Liabilities Ceded to Reinsurers | 9.4 | -74.2 | 25.2 | 190 | 18.7 | 25.2 | 32.1 | 119 | -17.5 |
| Other Expenses | -47.6 | -27.1 | -25.0 | -19.2 | -37.6 | -25.0 | -22.0 | -19.5 | -25.4 |
| Commission Expenses | -2.0 | -0.90 | -1.2 | -2.0 | -3.0 | -1.2 | -1.7 | -1.0 | -0.13 |
| Service Fees | -0.32 | -0.27 | -0.25 | -0.77 | -0.15 | -0.25 | -0.03 | -0.77 | -0.37 |
| Other Direct Expenses | -1.8 | Not reported | Not reported | Not reported | -2.2 | Not reported | Not reported | Not reported | Not reported |
| Employee Benefits Expenses | -19.8 | -16.5 | -15.1 | -10.9 | -21.0 | -15.1 | -12.8 | -12.6 | -19.8 |
| Depreciation and Amortization Expenses | -2.7 | -1.0 | -1.8 | -1.3 | -1.1 | -1.8 | -1.3 | -1.4 | -2.2 |
| Impairment Losses | -0.18 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| Other Operating Expenses | -19.5 | -7.1 | -6.0 | -3.6 | -9.9 | -6.0 | -5.6 | -3.1 | -2.9 |
| Finance Cost | -1.4 | -1.3 | -0.56 | -0.62 | -0.26 | -0.56 | -0.51 | -0.67 | Not reported |
| Total Expenses | -92.8 | -55.7 | -52.8 | -76.6 | -71.4 | -52.8 | -40.4 | -39.4 | -63.3 |
| Profit Before Tax | 8.3 | 15.8 | 16.3 | -22.7 | 15.7 | 16.3 | 20.8 | 15.8 | 13.0 |
| Net Profit for the Year | 6.0 | 11.5 | 11.4 | -15.9 | 9.6 | 11.4 | 14.2 | 11.5 | 12.2 |
| Income Tax Expense | -2.4 | -4.3 | -4.9 | 6.8 | -6.1 | -4.9 | -6.6 | -4.3 | -0.76 |
Over the last 15 trading sessions SICL closed between Rs. 531.00 and Rs. 577.90, finishing at Rs. 544.00 on 2026-10-12 against Rs. 577.90 on 2026-09-18.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 2026-10-12 | 522.00 | 548.80 | 520.00 | 544.00 | 6,000 |
| 2026-10-09 | 520.00 | 537.00 | 520.00 | 536.00 | 6,277 |
| 2026-10-08 | 535.00 | 540.00 | 515.00 | 532.00 | 17,198 |
| 2026-10-07 | 539.00 | 539.00 | 531.00 | 532.00 | 1,276 |
| 2026-10-06 | 540.00 | 549.00 | 528.00 | 531.00 | 16,780 |
| 2026-10-05 | 538.00 | 539.00 | 534.00 | 536.00 | 20,486 |
| 2026-10-02 | 537.10 | 548.80 | 537.10 | 538.00 | 6,838 |
| 2026-10-01 | 540.00 | 550.00 | 540.00 | 540.10 | 3,164 |
| 2026-09-30 | 548.00 | 560.00 | 541.00 | 541.00 | 4,150 |
| 2026-09-29 | 544.00 | 549.00 | 537.20 | 544.00 | 21,497 |
| 2026-09-28 | 551.00 | 558.00 | 538.00 | 544.00 | 7,233 |
| 2026-09-24 | 564.90 | 564.90 | 545.00 | 552.00 | 12,307 |
| 2026-09-23 | 566.00 | 567.10 | 557.00 | 558.00 | 5,471 |
| 2026-09-22 | 573.00 | 580.50 | 557.00 | 566.00 | 9,422 |
| 2026-09-18 | 583.00 | 583.00 | 570.10 | 577.90 | 1,035 |
2026, between Rs. 508.00 and Rs. 690.00, 2025, between Rs. 555.47 and Rs. 840.57, 2024, between Rs. 574.61 and Rs. 960.55, 2023, between Rs. 584.91 and Rs. 794.17, 2022, between Rs. 510.22 and Rs. 1,243.80 and 2021, between Rs. 781.33 and Rs. 1,361.76.
| Year | Low (Rs.) | High (Rs.) | Sessions |
|---|---|---|---|
| 2026 | 508.00 | 690.00 | 181 |
| 2025 | 555.47 | 840.57 | 225 |
| 2024 | 574.61 | 960.55 | 232 |
| 2023 | 584.91 | 794.17 | 227 |
| 2022 | 510.22 | 1,243.80 | 242 |
| 2021 | 781.33 | 1,361.76 | 239 |
| 2020 | 318.37 | 876.14 | 184 |
| 2019 | 267.01 | 361.17 | 244 |
| 2018 | 288.58 | 451.22 | 234 |
| 2017 | 418.01 | 717.44 | 230 |
| 2016 | 199.78 | 743.98 | 232 |
| 2015 | 92.89 | 200.98 | 177 |
At Rs. 544.00 on 2026-10-12, SICL is up 1.49% over 1 week, down 1.09% over 1 month, down 10.61% over 3 months, down 13.92% over 6 months, down 7.29% over 1 year and down 45.34% over 5 years. 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 | +1.49% | 536.00 | 2026-10-05 |
| 1 month | -1.09% | 550.00 | 2026-09-11 |
| 3 months | -10.61% | 608.60 | 2026-07-14 |
| 6 months | -13.92% | 632.00 | 2026-04-15 |
| 1 year | -7.29% | 586.79 | 2025-10-12 |
| 5 years | -45.34% | 995.26 | 2021-10-11 |
SICL traded 55 times on 2026-10-12, moving 6,000 shares for Rs. 0.33 crore of turnover. Trades went through between Rs. 520.00 and Rs. 548.80.
Largest buyers by volume: broker 94, K.B.L. Securities Limited on 2,687 shares across 12 trades, broker 58, Naasa Securities Co. Ltd. on 1,408 shares across 18 trades, broker 1, Kumari Securities Pvt. Limited on 510 shares across 5 trades, broker 22, Siprabi Securities Pvt. Limited on 505 shares across 2 trades, broker 38, Dipshika Dhitopatra Karobar Co. Pvt.Limited on 300 shares across 1 trades, broker 42, Sani Securities Company Limited on 119 shares across 2 trades, broker 18, Sagarmatha Securities Pvt. Limited on 100 shares across 1 trades, broker 51, Oxford Securities Pvt.Ltd on 70 shares across 1 trades, broker 46, Kalika Securities Pvt.Limited on 50 shares across 1 trades and broker 52, Sundhara Securities Limited on 50 shares across 2 trades.
Largest sellers by volume: broker 51, Oxford Securities Pvt.Ltd on 752 shares across 4 trades, broker 42, Sani Securities Company Limited on 674 shares across 4 trades, broker 35, Kohinoor Investment and Securities Pvt.Ltd on 617 shares across 2 trades, broker 64, Sun Securities Pvt. Ltd on 600 shares across 1 trades, broker 18, Sagarmatha Securities Pvt. Limited on 500 shares across 1 trades, broker 33, Dakshinkali Investment Securities Pvt.Limited on 500 shares across 5 trades, broker 14, Nepal Stock House Pvt. Limited on 415 shares across 2 trades, broker 50, Crystal Kanchenjunga Securities Pvt.Ltd on 356 shares across 2 trades, broker 17, ABC Securities Pvt. Limited on 256 shares across 5 trades and broker 29, Trishul Securities And Investment Limited on 200 shares across 1 trades.
Shikhar Insurance Co. Ltd. most recently declared a 6% bonus share issue for 2081/2082, announced on 2025-12-21. 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 | 6% | 2025-12-21 | |
| 2080/2081 | 10% | 2025-02-04 | |
| 2078/2079 | 16% | 2022-12-16 |
For 2081/2082 Shikhar Insurance Co. Ltd. declared a 6% bonus share issue, announced on 2025-12-21.
For 2080/2081 Shikhar Insurance Co. Ltd. declared a 10% bonus share issue, announced on 2025-02-04.
For 2078/2079 Shikhar Insurance Co. Ltd. declared a 16% bonus share issue, announced on 2022-12-16.
Right issues Shikhar Insurance Co. Ltd. has announced. A right share is offered to existing shareholders in proportion to what they already hold.
Annual and special general meetings Shikhar Insurance Co. Ltd. has called. A dividend is declared by the board and approved at the AGM.
6 years of annual statements and 9 quarters of results for SICL, with charts and peer comparison, are free on NepView.
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