Shikhar Insurance Co. Ltd. (SICL) Share Price & Fundamentals

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.

About Shikhar Insurance Co. Ltd.

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.

SICL key metrics

Market CapRs. 1,687.25 Crore
P/E Ratio37.33
P/E Ratio (TTM)129.70
EPSRs. 14.57
EPS (TTM)Rs. 4.19
Book ValueRs. 187.35
Dividend Yield0.06%
Face ValueRs. 100.00
52 Week HighRs. 690.00
52 Week LowRs. 508.00
Listed Since2007

SICL strengths

What Shikhar Insurance Co. Ltd.'s own accounts show in its favour, graded against the rest of its sector.

SICL weaknesses

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

SICL Q4 2082/83 results

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.

SICL annual results 2082/83

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.

SICL profit and loss for 2082/83

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.

SICL profit and loss for 2081/82

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.

SICL profit and loss for 2080/81

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.

SICL balance sheet for 2081/82

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.

SICL balance sheet for 2080/81

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.

SICL balance sheet for 2079/80

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.

SICL cash flow for 2081/82

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.

SICL cash flow for 2080/81

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.

SICL cash flow for 2079/80

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.

SICL quarterly for Q4 2082/83

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.

SICL quarterly for Q3 2082/83

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.

SICL quarterly for Q2 2082/83

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.

SICL quarterly for Q1 2082/83

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.

SICL Profit & Loss

Values in Rs. Crore unless stated otherwise.

Particulars2082/832081/822080/812079/802078/792077/78
Net Earned Premiums196177130138123115
   Gross Earned Premiums621563526530439375
   Premiums Ceded-426-386-396-392-316-260
Other Income97.698.411510798.788.8
   Commission Income75.765.972.064.666.649.8
   Other Direct IncomeNot reported3.73.91.30.000.00
   Income from Investments & Loans18.625.433.737.526.124.2
   Net Gain/(Loss) on Fair Value ChangesNot reported0.000.000.00-1.33.8
   Net Realised Gains/(Losses)-0.202.4-0.22-1.70.337.8
   Other Income3.50.895.25.27.03.2
Total Income296275244245222204
Net Claims Incurred-159-102-86.4-105-107-91.8
   Gross Claims Paid-398-303-225-267-238-220
   Claims Ceded257205138155134131
   Gross Change in Contract Liabilities-170-49.7-7.635.6-10.0-151
   Change in Contract Liabilities Ceded to Reinsurers15145.28.1-28.97.1148
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 ExpensesNot reported-2.2-2.1-1.70.000.00
   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 LossesNot reported0.00-0.64-3.7-2.8-1.5
   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 Tax17.766.362.748.636.744.2
   Share of Net Profit of Associates (Equity Method)Not reported0.060.03-0.000.01-0.50
Net Profit for the Year13.045.244.522.626.431.2
   Income Tax Expense-4.7-21.1-18.2-26.0-10.3-13.0

SICL Balance Sheet

Values in Rs. Crore unless stated otherwise.

Particulars2081/822080/812079/802078/792077/78
Total Assets1,2961,1591,1041,125951
   Goodwill & Intangible Assets1.20.970.890.100.00
   Property and Equipment76.472.578.278.066.1
   Investment Properties7.67.80.000.000.00
   Deferred Tax Assets5.77.29.212.99.0
   Investment in Associates24.116.47.35.35.3
   Investments466456419399315
   Reinsurance Assets458408391424372
   Current Tax Assets7.812.90.5910.06.6
   Insurance Receivables11054.192.485.279.0
   Other Assets48.936.434.339.837.1
   Other Financial Assets77.972.059.539.225.6
   Cash and Cash Equivalent12.614.611.831.635.2
Total Liabilities715623616655566
   Provisions17.415.713.317.48.0
   Gross Insurance Contract Liabilities595529506540481
   Insurance Payables0.7821.512.124.513.4
   Borrowings9.62.714.820.021.7
   Other Liabilities40.241.638.633.429.2
   Other Financial Liabilities52.212.530.720.112.6
Total Equity581536489470384
   Share Capital292265265229176
   Share Premium0.000.000.0016.19.6
   Special Reserves192169146134121
   Catastrophe Reserves16.113.811.612.611.1
   Retained Earnings21.028.88.926.718.7
   Other Equity59.859.256.452.148.1

SICL Cash Flow

Values in Rs. Crore unless stated otherwise.

Particulars2081/822080/812079/802078/792077/78
Opening Cash & Cash Equivalents14.611.831.635.253.8
Net Cash Flow from Operating Activities6.133.8-16.616.6-63.5
   Gross Premium Received579541532488392
   Reinsurance Commission Received63.473.759.473.254.2
   Claim Recovery Received from Reinsurers149176148126172
   Other Direct Income Received3.73.91.30.000.00
   Other Income Received0.895.00.876.93.2
   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-2.2-2.1-1.70.000.00
   Income Tax Paid-15.1-30.0-14.0-17.7-14.8
Net Cash Flow from Investing Activities-9.9-13.59.9-75.222.9
   Acquisitions of Intangible Assets-0.34-0.19-0.290.000.00
   Acquisitions of Property & Equipment-4.9-5.1-3.6-16.4-3.8
   Purchase of Equity Instruments-18.30.000.000.000.00
   Proceeds from Sale of Equity Instruments0.00-14.6-8.1-12.65.4
   Purchase of Debentures-10.1-3.2-6.8-4.7-12.1
   Investments in Deposits7.0-21.4-1.6-67.60.00
   Maturity of Deposits0.000.000.000.007.2
   Rental Income Received2.01.91.81.71.7
   Interest Income Received22.731.635.023.522.3
   Dividend Received0.660.160.540.760.20
Net Cash Flow from Financing Activities1.8-17.5-13.155.022.0
   Payment of Finance Lease-2.5-2.5-2.00.000.00
   Proceeds from Issue of Share Capital0.000.000.0059.321.8
   Dividend Paid0.000.000.000.000.00
Net Change in Cash-2.02.8-19.8-3.6-18.6
Closing Cash & Cash Equivalents12.614.611.831.635.2

SICL Quarterly Results

Values in Rs. Crore unless stated otherwise.

ParticularsQ4 2082/83Q3 2082/83Q2 2082/83Q1 2082/83Q4 2081/82Q3 2081/82Q2 2081/82Q1 2081/82Q4 2080/81
Net Earned Premiums64.852.749.029.150.449.035.528.248.0
   Gross Earned Premiums21918612590.719712512381.7181
   Premiums Ceded-155-133-76.5-61.6-147-76.5-87.8-53.4-133
Other Income36.318.820.124.836.720.125.626.928.3
   Commission Income29.015.714.216.829.114.218.015.619.7
   Other Direct Income2.4Not reportedNot reportedNot reported2.1Not reportedNot reportedNot reportedNot reported
   Income from Investments & Loans3.42.75.96.64.35.96.810.37.6
   Net Realised Gains/(Losses)-0.10-0.010.02-0.110.830.020.00Not reported-0.13
   Other Income1.60.390.001.50.420.000.801.11.2
Total Income10171.569.153.987.169.161.255.276.3
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 Ceded74.352.283.547.374.983.551.445.346.7
   Gross Change in Contract Liabilities-3.181.1-20.5-227-24.7-20.5-32.5-12015.5
   Change in Contract Liabilities Ceded to Reinsurers9.4-74.225.219018.725.232.1119-17.5
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-1.8Not reportedNot reportedNot reported-2.2Not reportedNot reportedNot reportedNot 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-0.18Not reportedNot reportedNot reportedNot reportedNot reportedNot reportedNot reportedNot reported
   Other Operating Expenses-19.5-7.1-6.0-3.6-9.9-6.0-5.6-3.1-2.9
   Finance Cost-1.4-1.3-0.56-0.62-0.26-0.56-0.51-0.67Not reported
Total Expenses-92.8-55.7-52.8-76.6-71.4-52.8-40.4-39.4-63.3
Profit Before Tax8.315.816.3-22.715.716.320.815.813.0
Net Profit for the Year6.011.511.4-15.99.611.414.211.512.2
   Income Tax Expense-2.4-4.3-4.96.8-6.1-4.9-6.6-4.3-0.76

Shikhar Insurance share price history

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.

DateOpenHighLowCloseVolume
2026-10-12522.00548.80520.00544.006,000
2026-10-09520.00537.00520.00536.006,277
2026-10-08535.00540.00515.00532.0017,198
2026-10-07539.00539.00531.00532.001,276
2026-10-06540.00549.00528.00531.0016,780
2026-10-05538.00539.00534.00536.0020,486
2026-10-02537.10548.80537.10538.006,838
2026-10-01540.00550.00540.00540.103,164
2026-09-30548.00560.00541.00541.004,150
2026-09-29544.00549.00537.20544.0021,497
2026-09-28551.00558.00538.00544.007,233
2026-09-24564.90564.90545.00552.0012,307
2026-09-23566.00567.10557.00558.005,471
2026-09-22573.00580.50557.00566.009,422
2026-09-18583.00583.00570.10577.901,035

SICL share price by year

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.

YearLow (Rs.)High (Rs.)Sessions
2026508.00690.00181
2025555.47840.57225
2024574.61960.55232
2023584.91794.17227
2022510.221,243.80242
2021781.331,361.76239
2020318.37876.14184
2019267.01361.17244
2018288.58451.22234
2017418.01717.44230
2016199.78743.98232
201592.89200.98177

Shikhar Insurance share price returns

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.

PeriodReturnFrom price (Rs.)From date
1 week+1.49%536.002026-10-05
1 month-1.09%550.002026-09-11
3 months-10.61%608.602026-07-14
6 months-13.92%632.002026-04-15
1 year-7.29%586.792025-10-12
5 years-45.34%995.262021-10-11

SICL floorsheet for 2026-10-12

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.

SICL dividend history: bonus shares and cash dividend

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 yearBonus shareCash dividendAnnounced
2081/20826%2025-12-21
2080/208110%2025-02-04
2078/207916%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.

SICL right share issues

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

SICL general meetings

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.

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

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