Nepal Insurance Co. Ltd. · Quarterly report

NICL Q4 Financial Report — FY 2082/83

Nepal Insurance Co. Ltd. (NICL) posted a year-to-date net profit of Rs 12.76 Cr at the end of Q4 FY 2082/83, down 59.7% from Rs 31.65 Cr a year earlier. Annualised EPS is Rs 5.00 against Rs 16.74 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	2.55 Arb	1.89 Arb	+34.8%
Reserves and Surplus	1.84 Arb	1.76 Arb	+4.6%
Insurance Fund	0	0	—
Catastrophic Reserve	11.85 Cr	11.13 Cr	+6.5%
Total Equity	4.51 Arb	3.76 Arb	+19.9%
Total Assets	7.67 Arb	6.53 Arb	+17.5%
Long Term Investment and Loans	1.96 Arb	1.28 Arb	+53.6%
Short Term Investment and Loans	3.54 Arb	3.19 Arb	+11.2%
Total Investment and Loans	5.51 Arb	4.46 Arb	+23.3%
Total Revenue	1.56 Arb	1.47 Arb	+6.1%
Income From Investment Loans And Others	20.79 Cr	28.12 Cr	-26.0%
Total Expenses And Provisions	1.38 Arb	1.01 Arb	+36.1%
Management Expenses	0	0	—
Net Profit	12.76 Cr	31.65 Cr	-59.7%
Net Premium	1.12 Arb	95.05 Cr	+18.2%
Net Claim Payment	86.19 Cr	49.84 Cr	+72.9%
Gross Premium Earned	2.17 Arb	1.84 Arb	+17.9%
Total No of Issued Policies	22.27 Cr	21.50 Cr	+3.6%
Gross Claim Payments	1.27 Arb	98.17 Cr	+29.3%
Claims Payables	0	0	—
Number of Shares	2.55 Cr	1.89 Cr	+34.8%
EPS Reported	5.00	16.74	-70.1%
Book Value Reported	176.85	198.88	-11.1%
ROE Reported	2.83%	8.42%	-5.59 pp

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

NICL 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	1.04 Cr	8.60 Cr	17.85 Cr	31.65 Cr	-96,378,680	49.58 L	10.60 Cr	12.76 Cr
EPS	2.53	10.46	12.58	16.74	-15.13	0.39	5.55	5.00
Book value	214.98	215.37	190.91	198.88	171.58	170.11	173.04	176.85