See how Prabhu Insurance and 7 other non-life insurance companies have performed in the 2nd quarter this year based on their quarterly report
Thu, Feb 16, 2017 10:20 AM on Latest, Financial Analysis, Featured, Stock Market,
As per the unaudited quarterly report published by 8 non-life insurance companies for the second quarter of FY 2073/74, United Insurance was able to increase its net profit by 228%. It has earned Rs 3.9 crore till the end of second quarter in the FY 2073/74. Among these 8 companies, Siddhartha Insurance has the highest net profit of Rs 8.38 crore.
Lumbini General Insurance has earned net profit of Rs 7.68 crore, up 172.37% in the same period last year. In terms of net premium collection, Siddhartha Insurance has collected the highest premium of Rs 39.83 crore, whereas Nepal Insurance has collected the lowest net premium.
While talking about claims paid, Sagarmatha Insurance tops the list by paying the highest amount of claims amounting Rs 16.08 crore. But it still has a huge amount of Rs 1.81 arba in pending claims. On the other hand, Prabhu Insurance has the lowest amount of pending claims.
In the end of Q2 this year, Siddhartha Insurance has the highest Earning per share (EPS) of Rs 48.36, followed by Lumbini General Insurance and Premier Insurance. However, talking in terms of price and earnings relation, Sagarmatha Insurance has the highest P/E ratio of 49.92 times, while Siddhartha Insurance has the lowest at 27.27 times.
While analyzing the value of the companies in relation to their net worth per share, Nepal Insurance was found the most undervalued, followed by United Insurance.
Lumbini General Insurance has earned net profit of Rs 7.68 crore, up 172.37% in the same period last year. In terms of net premium collection, Siddhartha Insurance has collected the highest premium of Rs 39.83 crore, whereas Nepal Insurance has collected the lowest net premium.
While talking about claims paid, Sagarmatha Insurance tops the list by paying the highest amount of claims amounting Rs 16.08 crore. But it still has a huge amount of Rs 1.81 arba in pending claims. On the other hand, Prabhu Insurance has the lowest amount of pending claims.
In the end of Q2 this year, Siddhartha Insurance has the highest Earning per share (EPS) of Rs 48.36, followed by Lumbini General Insurance and Premier Insurance. However, talking in terms of price and earnings relation, Sagarmatha Insurance has the highest P/E ratio of 49.92 times, while Siddhartha Insurance has the lowest at 27.27 times.
While analyzing the value of the companies in relation to their net worth per share, Nepal Insurance was found the most undervalued, followed by United Insurance.
