Himalayan Everest Insurance Limited · Quarterly report

HEI Q4 Financial Report — FY 2082/83

Himalayan Everest Insurance Limited (HEI) posted a year-to-date net profit of Rs 33.79 Cr at the end of Q4 FY 2082/83, down 36.5% from Rs 53.23 Cr a year earlier. Annualised EPS is Rs 13.51 against Rs 21.29 in Q4 FY 2081/82.

Q4 FY 2082/83 vs Q4 FY 2081/82

Metric	Q4 2082/83	Q4 2081/82	Change
Paid Up Capital	2.50 Arb	2.50 Arb	+0.0%
Reserves and Surplus	2.75 Arb	2.68 Arb	+2.8%
Insurance Fund	0	0	—
Catastrophic Reserve	9.91 Cr	8.32 Cr	+19.1%
Total Equity	5.35 Arb	5.26 Arb	+1.7%
Total Assets	10.73 Arb	10.52 Arb	+2.0%
Long Term Investment and Loans	1.53 Arb	64.43 Cr	+137.1%
Short Term Investment and Loans	3.81 Arb	4.54 Arb	-16.1%
Total Investment and Loans	5.34 Arb	5.18 Arb	+3.0%
Total Revenue	3.03 Arb	2.69 Arb	+12.6%
Income From Investment Loans And Others	17.56 Cr	21.62 Cr	-18.8%
Total Expenses And Provisions	2.55 Arb	1.95 Arb	+30.8%
Management Expenses	0	0	—
Net Profit	33.79 Cr	53.23 Cr	-36.5%
Net Premium	2.22 Arb	2.02 Arb	+9.7%
Net Claim Payment	1.54 Arb	1.11 Arb	+38.2%
Gross Premium Earned	4.85 Arb	4.10 Arb	+18.3%
Total No of Issued Policies	35.55 Cr	28.04 Cr	+26.8%
Gross Claim Payments	2.56 Arb	1.90 Arb	+35.0%
Claims Payables	0	0	—
Number of Shares	2.50 Cr	2.50 Cr	+0.0%
EPS Reported	13.51	21.29	-36.5%
Book Value Reported	213.94	210.34	+1.7%
ROE Reported	6.32%	10.12%	-3.80 pp

Amounts in Rs and year-to-date; ratios change in percentage points (pp). For NPL and cost of funds, lower is better.

HEI last 8 quarters

Metric	Q1 2081/82	Q2 2081/82	Q3 2081/82	Q4 2081/82	Q1 2082/83	Q2 2082/83	Q3 2082/83	Q4 2082/83
Net profit	6.62 Cr	15.99 Cr	33.24 Cr	53.23 Cr	-109,337,400	1.58 Cr	11.06 Cr	33.79 Cr
EPS	10.59	12.79	17.73	21.29	-17.49	1.26	5.90	13.51
Book value	205.41	204.83	201.46	210.34	205.96	209.67	205.28	213.94