All you need to know as an investor of non-life insurance companies (exclusive)
Thu, May 26, 2016 3:00 AM on Latest, Exclusive, Financial Analysis, Featured, Stock Market,
There are 13 Non-Life Insurance companies being traded at Nepal Stock Exchange Limited. Out of 13 Non-Life Insurance companies, there is only one company with its paid up capital above Rs 50 crore.
Only Shikhar Insurance Limited (SICL) has the highest paid up capital out of all Non-Life Insurance companies being traded at Nepal Stock Exchange Limited. It has a paid up capital of Rs 50.98 crore and reserve of Rs. 40.79 crore.
In the third quarter of ongoing fiscal year, SICL had the highest net profit out of all non-life insurance company. It had a net profit of Rs. 20.72 crore.
SICL has thehighest number of policy holders. The company has 1.59 lakhs policy holders. SICL also has the highest net premium of Rs 72.71 lakhs.
The reserve and Paid up capital of SICL increased after the Further Public Offering (FPO) at a premium price of Rs 650. Its paid up capital increased from Rs 35.76 crore and reserve increased from Rs 8.81 crore.
Rastriya Beema Company Limited (RBCL) has the highest reserve out of all non-life companies. Its reserve stands at Rs 1.82 arba. Its terms of insurance fund too, RBCL has the highest insurance fund. Its insurance fund stands at Rs 95.96 crore with the lowest policy holders. It has only 2,676 policy holders.
Out of all non-life insurance companies, Everest Insurance Limited (EIC) has the lowest paid up capital, insurance fund, net profit and net premium but it has second highest net worth per share after RBCL. Its net worth per share stands at Rs. 300.69.
In terms of EPS (annualized) and Net worth per Share, RBCL has the highest EPS and net worth per shares. Its annualized EPS stands at Rs. 178.34 net worth stands at Rs.2333.9. Siddhartha Insurance Limited (SIL) has the second highest EPS. Its EPS stands at Rs. 58.37.
RBCL is the most expensive share in non-life insurance sector, its last trading price stands at Rs 7,446 as on January 14, 2016 although its P/E ratio stands at 41.75 times. SICL is the second most expensive share and its last trading price stands at Rs 2,662 as on May 25, 2016 although its P/E ratio stands at 49.11 times.
Everest Insurance Limited (EIC) has the highest P/E ratio of 93.96 times, which makes it a very risky investment. Its last trading price stands at Rs 1,429 as on May 25,2016. The P/E ratio of SIL stands at 29.12 times, which is lowest P/E ratio among all the non-life insurance sector.
In the third quarter of ongoing fiscal year, SICL had the highest net profit out of all non-life insurance company. It had a net profit of Rs. 20.72 crore.
SICL has thehighest number of policy holders. The company has 1.59 lakhs policy holders. SICL also has the highest net premium of Rs 72.71 lakhs.
The reserve and Paid up capital of SICL increased after the Further Public Offering (FPO) at a premium price of Rs 650. Its paid up capital increased from Rs 35.76 crore and reserve increased from Rs 8.81 crore.
Rastriya Beema Company Limited (RBCL) has the highest reserve out of all non-life companies. Its reserve stands at Rs 1.82 arba. Its terms of insurance fund too, RBCL has the highest insurance fund. Its insurance fund stands at Rs 95.96 crore with the lowest policy holders. It has only 2,676 policy holders.
Out of all non-life insurance companies, Everest Insurance Limited (EIC) has the lowest paid up capital, insurance fund, net profit and net premium but it has second highest net worth per share after RBCL. Its net worth per share stands at Rs. 300.69.
In terms of EPS (annualized) and Net worth per Share, RBCL has the highest EPS and net worth per shares. Its annualized EPS stands at Rs. 178.34 net worth stands at Rs.2333.9. Siddhartha Insurance Limited (SIL) has the second highest EPS. Its EPS stands at Rs. 58.37.
RBCL is the most expensive share in non-life insurance sector, its last trading price stands at Rs 7,446 as on January 14, 2016 although its P/E ratio stands at 41.75 times. SICL is the second most expensive share and its last trading price stands at Rs 2,662 as on May 25, 2016 although its P/E ratio stands at 49.11 times.
Everest Insurance Limited (EIC) has the highest P/E ratio of 93.96 times, which makes it a very risky investment. Its last trading price stands at Rs 1,429 as on May 25,2016. The P/E ratio of SIL stands at 29.12 times, which is lowest P/E ratio among all the non-life insurance sector.
