National Life Insurance Collects Rs 11.37 Arba In Premium [Q3 Report]

May 14, 2023 | Investopaper

National Life Insurance Company Limited (NLICL) has posted a profit of Rs. 29.69 crores until the third quarter of this fiscal year 2079/80. As per the unaudited report, the profit has increased by 16 percent as compared to the corresponding period of the previous year. Last year, the life insurance earned Rs. 25.56 crores until the third quarter.

National Life Insurance has collected a net premium of Rs. 11.37 Arba during the nine months period. This is 11 percent higher than the same period of the previous year. However, the net claim has surged by 37 percent to Rs. 5.57 Arba

As of Chaitra end 2079 BS, NLICL has a paid-up capital of Rs. 4.64 Arba with Rs. 33 crores in reserve and surplus. The company has Rs. 58.26 Arba in life assurance fund.

The annualized per share earnings (EPS) and per share networth stand at Rs. 8.53 and Rs. 115.26 respectively.

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Dividend History Of National Life Insurance Company Limited (NLICL)

The summarized version of the quarterly report is presented in the table below:

National Life Insurance Company (NLICL): Financial Highlights Of Third Quarter, FY 2079/80

Financial Indicators Q3, FY 2079/80 Q3, FY 2078/79 Percent Change
Paid-up Capital  (Rs. ‘Arba’) 4.64 4.03 15.14
Reserve & Surplus (Rs. ‘Arba’) 0.33 0.53 -37.74
Life Assurance Fund  (Rs. ‘Arba’) 58.26 49.04 18.80
Total Premium (Rs. ‘Arba’) 11.37 10.19 11.58
Net Premium (Rs. ‘Arba’) 11.13 10.17 9.44
Net Claim (Rs. ‘Arba’) 5.57 4.05 37.53
Total Investments  & Loans (Rs. ‘Arba’) 62.82 53.52 17.38
Management Expenses  (Rs. ‘Arba’) 83.77 88.12 -4.94
Net Profit  (Rs. ‘crores’) 29.69 25.56 16.16
Earnings Per Share (Rs.) 8.53
Networth Per Share (Rs.) 115.26
Market Price Per Share (Rs.) [Chaitra end, 2079 BS] 584
P/E Ratio 68.46

Source: Unaudited Q3 Report, FY 2079/80


The above figures are based on the unaudited quarterly report published by the respective company. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.

The share price, as well as the P/E ratio, is based on the data of Chaitra end, 2079 BS. At current, the numbers may vary. 

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