Himalayan Life Insurance Reports Rs. 47.24 Crores Net Profit in Q3; Net Premium Inches Up to Rs. 12.18 Arba, Investment Income Hits Rs. 4.28 Arba
Sun, May 4, 2025 8:35 AM on Financial Analysis, Highlight News, Company Analysis,
Himalayan Life Insurance Limited (HLI) has released its unaudited financial report for the third quarter of the fiscal year 2081/82, revealing a modest growth in its key financial indicators.
The company earned a net profit of Rs. 47.24 crores in Q3, marking an 8.49% increase from Rs. 43.54 crores in the corresponding quarter of the previous fiscal year. Its net premium income rose by 1.33%, reaching Rs. 12.18 Arba, while income from investment, loans, and other sources grew to Rs. 4.28 Arba—up by 3.88%.
The insurer’s life insurance fund has expanded by 15.46% to Rs. 74.52 Arba, while its total investments now stand at Rs. 75.43 Arba, reflecting a 15.37% increase. However, retained earnings decreased by 22.67%, and the annualized earnings per share (EPS) dropped from Rs. 7.24 to Rs. 6.89. The net worth per share also declined to Rs. 116.07 from Rs. 126.29.
Paid-up capital currently stands at Rs. 9.14 Arba, a 14% rise compared to the same quarter last year. The company’s price-to-earnings (PE) ratio is reported at 61.51.
Major Highlights:
* Figure is of the Immediate Fiscal Year Ending
| Particulars (In Rs '000) | Himalayan Life Insurance | ||
|---|---|---|---|
| Q3 2081/82 | Q3 2080/81 | Difference | |
| Paid Up Capital | 9,143,237.31 | 8,020,383.60* | 14.00% |
| Share Premium | 0.00 | 0.00 | - |
| Catastrophe Reserves | 470,869.04 | 434,831.94* | 8.29% |
| Retained Earnings | 1,099,048.17 | 1,421,325.39* | -22.67% |
| Other Equity | -100,504.35 | 252,501.50* | - |
| Life Insurance Fund | 74,525,334.06 | 64,546,261.07* | 15.46% |
| Investments | 75,431,703.48 | 65,380,659.92* | 15.37% |
| Net Premium | 12,183,093.56 | 12,023,055.43 | 1.33% |
| Income from Investment, Loan and others | 4,286,456.58 | 4,126,320.97 | 3.88% |
| Claim Payment (Net) | 14,968,636.68 | 13,971,112.63 | 7.14% |
| Commission Expenses | 986,450.44 | 998,132.73 | -1.17% |
| Net Profit | 472,400.66 | 435,429.79 | 8.49% |
| Annualized EPS (In Rs.) | 6.89 | 7.24 | -4.83% |
| Net Worth per Share (In Rs.) | 116.07 | 126.29 | -8.09% |
| PE Ratio | 61.51 | - | - |
