Siddhartha Premier Insurance Limited (SPIL) Share Price & Fundamentals

Siddhartha Premier Insurance (SPIL) share price is Rs. 606.00, down 0.33% on 2026-10-12. Open Rs. 625.00. High Rs. 625.00. Low Rs. 601.70. Volume 3,978.

Siddhartha Premier Insurance Limited is a NEPSE-listed company (SPIL), Non Life Insurance sector. Premium: Rs. 218.61 Crore. Net profit: Rs. 32.69 Crore. Net worth: Rs. 770.05 Crore.

About Siddhartha Premier Insurance Limited

Siddhartha Premier Insurance Limited is a non-life (general) insurance company headquartered at Siddhartha Premier Bhawan, Babarmahal, Kathmandu. It was formed from the merger of Siddhartha Insurance Limited and Premier Insurance Co. (Nepal) Limited, with joint operations beginning 1 March 2023. Listed on NEPSE under the Non-Life Insurance sector, it offers fire, motor, marine, engineering, aviation, micro and miscellaneous general insurance products, prepared under Nepal Financial Reporting Standards (NFRS).

Siddhartha Premier Insurance Limited (SPIL) has 2,80,65,499 shares outstanding. It listed on NEPSE in 1995. Its most recent declared dividend was 25.00% on face value.

SPIL key metrics

SPIL strengths

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

• Holds 3.86x of the safety capital required, comfortably above the 1.5 times the regulator sets. (Solvency)
• 49.8% of what it owns belongs to shareholders rather than policyholders and lenders. (Solvency)
• Earns 4.9% a year on everything it owns, so its investments are working well. (Profitability)
• Holds 88% against premiums for cover that has not yet run out, a healthy buffer. (Liability Strength)
• Has 68.1% set aside against claims already reported, so it is well prepared to pay. (Claims & Reserving)
• Turns 10.5% of its income into profit once every cost is paid. (Profitability)

SPIL 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 118.2% of premiums. Above 100% means it loses money on insurance and relies on investments. (Underwriting Performance)
• 76.4% of premiums go out as claims, so there is little margin on what it sells. (Underwriting Performance)
• Premiums written directly with customers moved -4.7% on last year. (Premium Growth & Scale)
• Keeps only 21.7% of premiums written, so most income goes to reinsurers. (Underwriting Performance)
• Each share earned only Rs 11.65 of profit over the year. (Shareholder Returns)
• Running costs take 41.9% of premiums, a heavy load on what customers pay in. (Underwriting Performance)
• Earns only 5.4% on the money it holds, so those funds are underused. (Investment Performance)
• Only 40.4% of customers renew, so it loses much of the business it wins. (Claims & Reserving)
• The number of policies issued moved -9.3%, so the customer base is not growing. (Premium Growth & Scale)
• Passes most risk on, keeping only 49.1%, so much of the premium goes elsewhere. (Claims & Reserving)
• Premiums moved 2.9% on last year, so the business is not expanding. (Premium Growth & Scale)
• Earns only 9.8% a year on shareholders' money, below what owners would hope for. (Profitability)
• Only 10.3% of income comes from investments, so it depends on premiums alone. (Investment Performance)
• Sets aside only 9.2% above its best estimate, so reserves may fall short. (Liability Strength)
• Only 36.5% is set aside to meet the policies it has written, which is light. (Liability Strength)
• The company's size moved 5.6% over the year. (Shareholder Returns)

SPIL Q4 2082/83 results

In Q4 2082/83 Siddhartha Premier Insurance Limited reported profit of Rs. 28.67 crore and net earned premiums of Rs. 88.55 crore. Profit in Q3 2082/83 was Rs. 21.87 crore. Profit grew 31.11% on the previous quarter. Net earned premiums grew 59.84% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 25.96 crore. Profit grew 10.46% on the same quarter last year. Net earned premiums grew 28.85% on the same quarter last year.

SPIL annual results 2082/83

For the financial year 2082/83 Siddhartha Premier Insurance Limited reported net profit of Rs. 32.69 crore, net earned premiums of Rs. 218.61 crore and net worth of Rs. 770.05 crore. Net profit in 2081/82 was Rs. 75.58 crore. Net profit fell 56.75% on the year. Net earned premiums grew 2.92% on the year.

SPIL profit and loss for 2082/83

In the financial year 2082/83, Siddhartha Premier Insurance Limited reported net earned premiums of Rs. 218.61 crore, other income of Rs. 91.45 crore, total income of Rs. 310.06 crore, net claims incurred of Rs. 166.96 crore, other expenses of Rs. 97.47 crore, total expenses of Rs. 264.44 crore, profit before tax of Rs. 45.62 crore and net profit for the year of Rs. 32.69 crore.

Reported under net earned premiums: gross earned premiums of Rs. 445.55 crore and premiums ceded of Rs. 226.94 crore. Reported under other income: commission income of Rs. 53.5 crore, other direct income of Rs. 2.5 crore, income from investments & loans of Rs. 32.03 crore, net gain/(loss) on fair value changes of Rs. 0.8 crore, net realised gains/(losses) of Rs. 0.04 crore and other income of Rs. 2.57 crore. Reported under net claims incurred: gross claims paid of Rs. 352.51 crore, claims ceded of Rs. 218.17 crore, gross change in contract liabilities of Rs. 416.31 crore and change in contract liabilities ceded to reinsurers of Rs. 383.68 crore. Reported under other expenses: commission expenses of Rs. 6.6 crore, service fees of Rs. 1.62 crore, other direct expenses of Rs. 2.89 crore, employee benefits expenses of Rs. 68.65 crore, depreciation and amortization expenses of Rs. 4.26 crore, impairment losses of Rs. 4.35 crore, other operating expenses of Rs. 16.3 crore and finance cost of Rs. 1.5 crore. Reported under net profit for the year: income tax expense of Rs. 12.94 crore.

SPIL profit and loss for 2081/82

In the financial year 2081/82, Siddhartha Premier Insurance Limited reported net earned premiums of Rs. 212.4 crore, other income of Rs. 106.22 crore, total income of Rs. 318.62 crore, net claims incurred of Rs. 115.13 crore, other expenses of Rs. 96.24 crore, total expenses of Rs. 211.36 crore, profit before tax of Rs. 107.25 crore and net profit for the year of Rs. 75.58 crore.

Reported under net earned premiums: gross earned premiums of Rs. 428.53 crore and premiums ceded of Rs. 216.13 crore. Reported under other income: commission income of Rs. 50.75 crore, other direct income of Rs. 2.92 crore, income from investments & loans of Rs. 48.77 crore, net gain/(loss) on fair value changes of Rs. 0.32 crore, net realised gains/(losses) of Rs. 2.07 crore and other income of Rs. 1.39 crore. Reported under net claims incurred: gross claims paid of Rs. 276.4 crore, claims ceded of Rs. 162.18 crore, gross change in contract liabilities of Rs. 65.44 crore and change in contract liabilities ceded to reinsurers of Rs. 64.54 crore. Reported under other expenses: commission expenses of Rs. 3.35 crore, service fees of Rs. 1.46 crore, other direct expenses of Rs. 0.17 crore, employee benefits expenses of Rs. 63.88 crore, depreciation and amortization expenses of Rs. 4.33 crore, impairment losses of Rs. 1.14 crore, other operating expenses of Rs. 20.38 crore and finance cost of Rs. 1.53 crore. Reported under net profit for the year: income tax expense of Rs. 31.67 crore.

SPIL profit and loss for 2080/81

In the financial year 2080/81, Siddhartha Premier Insurance Limited reported net earned premiums of Rs. 184.41 crore, other income of Rs. 119.28 crore, total income of Rs. 303.69 crore, net claims incurred of Rs. 119.84 crore, other expenses of Rs. 96.25 crore, total expenses of Rs. 216.09 crore, profit before tax of Rs. 87.6 crore and net profit for the year of Rs. 68.82 crore.

Reported under net earned premiums: gross earned premiums of Rs. 419.2 crore and premiums ceded of Rs. 234.8 crore. Reported under other income: commission income of Rs. 55.96 crore, other direct income of Rs. 3.04 crore, income from investments & loans of Rs. 73.42 crore, net gain/(loss) on fair value changes of Rs. 0.57 crore, net realised gains/(losses) of Rs. 15.34 crore and other income of Rs. 1.63 crore. Reported under net claims incurred: gross claims paid of Rs. 213.81 crore, claims ceded of Rs. 115.09 crore, gross change in contract liabilities of Rs. 35.2 crore and change in contract liabilities ceded to reinsurers of Rs. 56.31 crore. Reported under other expenses: commission expenses of Rs. 3.76 crore, service fees of Rs. 1.41 crore, other direct expenses of Rs. 1.48 crore, employee benefits expenses of Rs. 59.57 crore, depreciation and amortization expenses of Rs. 4.71 crore, impairment losses of Rs. 3.54 crore, other operating expenses of Rs. 20.36 crore and finance cost of Rs. 1.42 crore. Reported under net profit for the year: income tax expense of Rs. 18.78 crore.

SPIL balance sheet for 2081/82

In the financial year 2081/82, Siddhartha Premier Insurance Limited reported total assets of Rs. 1,545.94 crore, total liabilities of Rs. 775.89 crore and total equity of Rs. 770.05 crore.

Reported under total assets: goodwill & intangible assets of Rs. 1.36 crore, property and equipment of Rs. 81.25 crore, investment properties of Rs. 35.22 crore, deferred tax assets of Rs. 0 crore, investments of Rs. 900.22 crore, loans of Rs. 2.95 crore, reinsurance assets of Rs. 368.18 crore, current tax assets of Rs. 16.64 crore, insurance receivables of Rs. 40.13 crore, other assets of Rs. 31.92 crore, other financial assets of Rs. 65.35 crore and cash and cash equivalent of Rs. 2.73 crore. Reported under total liabilities: provisions of Rs. 35.11 crore, gross insurance contract liabilities of Rs. 563.73 crore, deferred tax liabilities of Rs. 32.17 crore, insurance payables of Rs. 64.09 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 50.96 crore and other financial liabilities of Rs. 29.83 crore. Reported under total equity: share capital of Rs. 280.65 crore, share premium of Rs. 0.05 crore, special reserves of Rs. 250 crore, catastrophe reserves of Rs. 22.79 crore, retained earnings of Rs. 99.87 crore and other equity of Rs. 116.69 crore.

SPIL balance sheet for 2080/81

In the financial year 2080/81, Siddhartha Premier Insurance Limited reported total assets of Rs. 1,463.66 crore, total liabilities of Rs. 687.28 crore and total equity of Rs. 776.38 crore.

Reported under total assets: goodwill & intangible assets of Rs. 1.27 crore, property and equipment of Rs. 74.65 crore, investment properties of Rs. 30.94 crore, deferred tax assets of Rs. 0 crore, investments of Rs. 930.62 crore, loans of Rs. 2.64 crore, reinsurance assets of Rs. 283.84 crore, current tax assets of Rs. 12.97 crore, insurance receivables of Rs. 36.08 crore, other assets of Rs. 10.54 crore, other financial assets of Rs. 66.17 crore and cash and cash equivalent of Rs. 13.95 crore. Reported under total liabilities: provisions of Rs. 25.4 crore, gross insurance contract liabilities of Rs. 495.8 crore, deferred tax liabilities of Rs. 26.21 crore, insurance payables of Rs. 62.45 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 51.02 crore and other financial liabilities of Rs. 26.4 crore. Reported under total equity: share capital of Rs. 280.65 crore, share premium of Rs. 0.05 crore, special reserves of Rs. 250 crore, catastrophe reserves of Rs. 18.82 crore, retained earnings of Rs. 110.04 crore and other equity of Rs. 116.81 crore.

SPIL balance sheet for 2079/80

In the financial year 2079/80, Siddhartha Premier Insurance Limited reported total assets of Rs. 1,644.58 crore, total liabilities of Rs. 887.92 crore and total equity of Rs. 756.66 crore.

Reported under total assets: goodwill & intangible assets of Rs. 1.17 crore, property and equipment of Rs. 83.05 crore, investment properties of Rs. 20.31 crore, deferred tax assets of Rs. 0 crore, investments of Rs. 940.57 crore, loans of Rs. 1.98 crore, reinsurance assets of Rs. 347.46 crore, current tax assets of Rs. 6.46 crore, insurance receivables of Rs. 160.6 crore, other assets of Rs. 8.65 crore, other financial assets of Rs. 62.24 crore and cash and cash equivalent of Rs. 12.07 crore. Reported under total liabilities: provisions of Rs. 37.84 crore, gross insurance contract liabilities of Rs. 534.4 crore, deferred tax liabilities of Rs. 58.68 crore, insurance payables of Rs. 180.83 crore, current tax liabilities of Rs. 0 crore, borrowings of Rs. 0 crore, other liabilities of Rs. 46.48 crore and other financial liabilities of Rs. 29.69 crore. Reported under total equity: share capital of Rs. 280.65 crore, share premium of Rs. 0.05 crore, special reserves of Rs. 250 crore, catastrophe reserves of Rs. 13.76 crore, retained earnings of Rs. 45.77 crore and other equity of Rs. 166.42 crore.

SPIL cash flow for 2081/82

In the financial year 2081/82, Siddhartha Premier Insurance Limited reported opening cash & cash equivalents of Rs. 13.95 crore, net cash flow from operating activities of Rs. 5.8 crore, net cash flow from investing activities of Rs. 78.78 crore, net cash flow from financing activities of Rs. 84.2 crore, net change in cash of Rs. 11.22 crore and closing cash & cash equivalents of Rs. 2.73 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 431.03 crore, reinsurance commission received of Rs. 50.47 crore, claim recovery received from reinsurers of Rs. 157.09 crore, other direct income received of Rs. 2.92 crore, other income received of Rs. 0.33 crore, gross benefits and claims paid of Rs. 296.38 crore, reinsurance premium paid of Rs. 234.3 crore, commission paid of Rs. 4.03 crore, service fees paid of Rs. 3.69 crore, employee benefits expenses paid of Rs. 60.74 crore, other expenses paid of Rs. 16.39 crore, other direct expenses paid of Rs. 0.17 crore, changes in working capital of Rs. 0.89 crore and income tax paid of Rs. 31.04 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.15 crore, acquisitions of property & equipment of Rs. 10.77 crore, purchase of equity instruments of Rs. 12.58 crore, proceeds from sale of equity instruments of Rs. 8.33 crore, purchase of debentures of Rs. 2 crore, investments in deposits of Rs. 1,122.9 crore, maturity of deposits of Rs. 1,168.55 crore, rental income received of Rs. 1.46 crore, interest income received of Rs. 47.01 crore and dividend received of Rs. 1.09 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. 82.05 crore and proceeds from share application money pending allotment of Rs. 0 crore.

SPIL cash flow for 2080/81

In the financial year 2080/81, Siddhartha Premier Insurance Limited reported opening cash & cash equivalents of Rs. 12.07 crore, net cash flow from operating activities of Rs. 5.32 crore, net cash flow from investing activities of Rs. 38.07 crore, net cash flow from financing activities of Rs. 30.87 crore, net change in cash of Rs. 1.88 crore and closing cash & cash equivalents of Rs. 13.95 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 417.72 crore, reinsurance commission received of Rs. 57.44 crore, claim recovery received from reinsurers of Rs. 236.08 crore, other direct income received of Rs. 3.04 crore, other income received of Rs. 0.1 crore, gross benefits and claims paid of Rs. 212.49 crore, reinsurance premium paid of Rs. 347.78 crore, commission paid of Rs. 3.15 crore, service fees paid of Rs. 2.03 crore, employee benefits expenses paid of Rs. 62.9 crore, other expenses paid of Rs. 23.85 crore, other direct expenses paid of Rs. 1.48 crore, changes in working capital of Rs. 0.06 crore and income tax paid of Rs. 65.97 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.16 crore, acquisitions of property & equipment of Rs. 0.08 crore, purchase of equity instruments of Rs. 16.03 crore, proceeds from sale of equity instruments of Rs. 57.9 crore, purchase of debentures of Rs. 17.15 crore, investments in deposits of Rs. 501.95 crore, maturity of deposits of Rs. 444.49 crore, rental income received of Rs. 1.27 crore, interest income received of Rs. 70.54 crore and dividend received of Rs. 0.55 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. 30.11 crore and proceeds from share application money pending allotment of Rs. 0 crore.

SPIL cash flow for 2079/80

In the financial year 2079/80, Siddhartha Premier Insurance Limited reported opening cash & cash equivalents of Rs. 136.8 crore, net cash flow from operating activities of Rs. 126.15 crore, net cash flow from investing activities of Rs. 2.33 crore, net cash flow from financing activities of Rs. 0.92 crore, net change in cash of Rs. 124.74 crore and closing cash & cash equivalents of Rs. 12.07 crore.

Reported under net cash flow from operating activities: gross premium received of Rs. 278.44 crore, reinsurance commission received of Rs. 34.98 crore, claim recovery received from reinsurers of Rs. 221.12 crore, other direct income received of Rs. 2.3 crore, other income received of Rs. 1.75 crore, gross benefits and claims paid of Rs. 300.84 crore, reinsurance premium paid of Rs. 278.53 crore, commission paid of Rs. 3.13 crore, service fees paid of Rs. 2.12 crore, employee benefits expenses paid of Rs. 8 crore, other expenses paid of Rs. 55.78 crore, other direct expenses paid of Rs. 1.17 crore, changes in working capital of Rs. 0.27 crore and income tax paid of Rs. 14.91 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0 crore, acquisitions of property & equipment of Rs. 0.28 crore, purchase of equity instruments of Rs. 0 crore, proceeds from sale of equity instruments of Rs. 0.73 crore, purchase of debentures of Rs. 15.97 crore, investments in deposits of Rs. 348.39 crore, maturity of deposits of Rs. 318.03 crore, rental income received of Rs. 0.65 crore, interest income received of Rs. 48.56 crore and dividend received of Rs. 0.48 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.

SPIL quarterly for Q4 2082/83

In the quarter Q4 2082/83, Siddhartha Premier Insurance Limited reported net earned premiums of Rs. 88.55 crore, other income of Rs. 29.26 crore, total income of Rs. 117.81 crore, net claims incurred of Rs. 39.18 crore, other expenses of Rs. 38.74 crore, total expenses of Rs. 77.92 crore, profit before tax of Rs. 39.89 crore and net profit for the year of Rs. 28.67 crore.

Reported under net earned premiums: gross earned premiums of Rs. 175.56 crore and premiums ceded of Rs. 87.01 crore. Reported under other income: commission income of Rs. 21.05 crore, other direct income of Rs. 0.39 crore, income from investments & loans of Rs. 7.2 crore, net gain/(loss) on fair value changes of Rs. 0.8 crore, net realised gains/(losses) of Rs. 0.01 crore and other income of Rs. 0.59 crore. Reported under net claims incurred: gross claims paid of Rs. 169.21 crore, claims ceded of Rs. 123.92 crore, gross change in contract liabilities of Rs. 93.84 crore and change in contract liabilities ceded to reinsurers of Rs. 87.73 crore. Reported under other expenses: commission expenses of Rs. 2.91 crore, service fees of Rs. 0.38 crore, other direct expenses of Rs. 0.2 crore, employee benefits expenses of Rs. 26.97 crore, depreciation and amortization expenses of Rs. 2.97 crore, impairment losses of Rs. 1.45 crore, other operating expenses of Rs. 2.35 crore and finance cost of Rs. 1.5 crore. Reported under net profit for the year: income tax expense of Rs. 11.22 crore.

SPIL quarterly for Q3 2082/83

In the quarter Q3 2082/83, Siddhartha Premier Insurance Limited reported net earned premiums of Rs. 55.4 crore, other income of Rs. 24.31 crore, total income of Rs. 79.71 crore, net claims incurred of Rs. 29.19 crore, other expenses of Rs. 19.28 crore, total expenses of Rs. 48.47 crore, profit before tax of Rs. 31.24 crore and net profit for the year of Rs. 21.87 crore.

Reported under net earned premiums: gross earned premiums of Rs. 113.11 crore and premiums ceded of Rs. 57.71 crore. Reported under other income: commission income of Rs. 13.5 crore, other direct income of Rs. 1.71 crore, income from investments & loans of Rs. 8.13 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0.43 crore and other income of Rs. 1.41 crore. Reported under net claims incurred: gross claims paid of Rs. 59.19 crore, claims ceded of Rs. 28.68 crore, gross change in contract liabilities of Rs. 15.55 crore and change in contract liabilities ceded to reinsurers of Rs. 14.23 crore. Reported under other expenses: commission expenses of Rs. 1.66 crore, service fees of Rs. 0.36 crore, other direct expenses of Rs. 0.18 crore, employee benefits expenses of Rs. 12.87 crore, depreciation and amortization expenses of Rs. 0.43 crore, impairment losses of Rs. 0.34 crore, other operating expenses of Rs. 4.11 crore and finance cost of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 9.37 crore.

SPIL quarterly for Q2 2082/83

In the quarter Q2 2082/83, Siddhartha Premier Insurance Limited reported net earned premiums of Rs. 43.76 crore, other income of Rs. 19.08 crore, total income of Rs. 62.84 crore, net claims incurred of Rs. 23.77 crore, other expenses of Rs. 21.93 crore, total expenses of Rs. 45.7 crore, profit before tax of Rs. 17.14 crore and net profit for the year of Rs. 12 crore.

Reported under net earned premiums: gross earned premiums of Rs. 90.59 crore and premiums ceded of Rs. 46.83 crore. Reported under other income: commission income of Rs. 10.98 crore, other direct income of Rs. 0.77 crore, income from investments & loans of Rs. 7.07 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0 crore and other income of Rs. 0.26 crore. Reported under net claims incurred: gross claims paid of Rs. 69.5 crore, claims ceded of Rs. 35.33 crore, gross change in contract liabilities of Rs. 60.03 crore and change in contract liabilities ceded to reinsurers of Rs. 49.62 crore. Reported under other expenses: commission expenses of Rs. 1.22 crore, service fees of Rs. 0.39 crore, other direct expenses of Rs. 2.41 crore, employee benefits expenses of Rs. 12.7 crore, depreciation and amortization expenses of Rs. 0.42 crore, impairment losses of Rs. 0.68 crore, other operating expenses of Rs. 5.47 crore and finance cost of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 5.14 crore.

SPIL quarterly for Q1 2082/83

In the quarter Q1 2082/83, Siddhartha Premier Insurance Limited reported net earned premiums of Rs. 30.9 crore, other income of Rs. 18.8 crore, total income of Rs. 49.7 crore, net claims incurred of Rs. 74.82 crore, other expenses of Rs. 17.53 crore, total expenses of Rs. 92.35 crore, profit before tax of Rs. 42.65 crore and net profit for the year of Rs. 29.85 crore.

Reported under net earned premiums: gross earned premiums of Rs. 66.29 crore and premiums ceded of Rs. 35.39 crore. Reported under other income: commission income of Rs. 7.97 crore, other direct income of Rs. 0.41 crore, income from investments & loans of Rs. 9.64 crore, net gain/(loss) on fair value changes of Rs. 0 crore, net realised gains/(losses) of Rs. 0.46 crore and other income of Rs. 0.32 crore. Reported under net claims incurred: gross claims paid of Rs. 54.61 crore, claims ceded of Rs. 30.25 crore, gross change in contract liabilities of Rs. 585.73 crore and change in contract liabilities ceded to reinsurers of Rs. 535.27 crore. Reported under other expenses: commission expenses of Rs. 0.81 crore, service fees of Rs. 0.49 crore, other direct expenses of Rs. 0.1 crore, employee benefits expenses of Rs. 16.1 crore, depreciation and amortization expenses of Rs. 0.44 crore, impairment losses of Rs. 4.78 crore, other operating expenses of Rs. 4.36 crore and finance cost of Rs. 0 crore. Reported under net profit for the year: income tax expense of Rs. 12.79 crore.

SPIL Profit & Loss

Values in Rs. Crore unless stated otherwise.

SPIL Balance Sheet

Values in Rs. Crore unless stated otherwise.

SPIL Cash Flow

Values in Rs. Crore unless stated otherwise.

SPIL Quarterly Results

Values in Rs. Crore unless stated otherwise.

Siddhartha Premier Insurance share price history

Over the last 15 trading sessions SPIL closed between Rs. 600.00 and Rs. 635.00, finishing at Rs. 606.00 on 2026-10-12 against Rs. 635.00 on 2026-09-18.

SPIL share price by year

2026, between Rs. 560.10 and Rs. 770.70, 2025, between Rs. 625.00 and Rs. 980.40, 2024, between Rs. 693.00 and Rs. 1,076.00 and 2023, between Rs. 534.00 and Rs. 837.00.

Siddhartha Premier Insurance share price returns

At Rs. 606.00 on 2026-10-12, SPIL is up 0.58% over 1 week, up 5.03% over 1 month, down 11.42% over 3 months, down 19.28% over 6 months and down 11.92% over 1 year. Each return compares that close with the last close on or before the same date in the earlier period.

SPIL floorsheet for 2026-10-12

SPIL traded 25 times on 2026-10-12, moving 3,978 shares for Rs. 0.24 crore of turnover. Trades went through between Rs. 591.70 and Rs. 625.00.

Largest buyers by volume: broker 38, Dipshika Dhitopatra Karobar Co. Pvt.Limited on 3,057 shares across 7 trades, broker 42, Sani Securities Company Limited on 635 shares across 4 trades, broker 57, Arya Tara Investment And Securities Pvt. Ltd. on 126 shares across 5 trades, broker 49, Online Securities Limited on 88 shares across 3 trades, broker 87, S.P.S.A. Securities Limited on 42 shares across 3 trades, broker 16, Primo Securities Pvt. Limited on 10 shares across 1 trades, broker 58, Naasa Securities Co. Ltd. on 10 shares across 1 trades and broker 8, Ashutosh Brokerage & Securities Pvt. Limited on 10 shares across 1 trades.

Largest sellers by volume: broker 16, Primo Securities Pvt. Limited on 1,605 shares across 2 trades, broker 50, Crystal Kanchenjunga Securities Pvt.Ltd on 1,327 shares across 5 trades, broker 87, S.P.S.A. Securities Limited on 400 shares across 1 trades, broker 59, Deevyaa Securities & Stock House Pvt. Ltd on 143 shares across 1 trades, broker 49, Online Securities Limited on 142 shares across 3 trades, broker 70, Infinity Securities Limited on 100 shares across 1 trades, broker 21, Midas Stock Broking Company Pvt. Limited on 98 shares across 1 trades, broker 45, Imperial Securities Co. Limited on 65 shares across 3 trades, broker 3, Arun Securities Pvt. Limited on 35 shares across 1 trades and broker 34, Vision Securities Pvt.Limited on 24 shares across 2 trades.

SPIL dividend history: bonus shares and cash dividend

Siddhartha Premier Insurance Limited most recently declared a 25% cash dividend 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.

For 2081/2082 Siddhartha Premier Insurance Limited declared a 25% cash dividend, announced on 2025-12-21.

For 2080/2081 Siddhartha Premier Insurance Limited declared a 30% cash dividend, announced on 2025-02-06.

For 2079/2080 Siddhartha Premier Insurance Limited declared an 11% cash dividend, announced on 2024-02-14.

For 2078/2079 Siddhartha Premier Insurance Limited declared a 14.25% bonus share issue, announced on 2022-12-26.

For 2077/2078 Siddhartha Premier Insurance Limited declared a 14.25% bonus share issue, announced on 2022-01-13.

SPIL right share issues

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

• 2020/2021: ratio 0%

SPIL general meetings

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

• 32nd AGM for 2081/2082: on 2026-01-13, at Rani Mahal Banquet, Gyaneshwor, Kathmandu (11:00 AM)
• 31st AGM for 2080/2081: on 2025-02-27, at Lisara Receptions, Bhagwati Bahal, Kathmandu (10:30 AM)
• 30th AGM for 2079/2080: on 2024-03-13, at Lisara Receptions, Bhagwati Bahal, Kathmandu (11:00 AM)

5 years of annual statements and 9 quarters of results for SPIL, 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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