National Life Insurance (NLICL): Company Analysis !

National Life Insurance Company (NLICL) has stated rise in net profit by whooping 100.94%in the second quarter of the FY 2074/75.

ANALYSIS DOWNLOAD PDF LINK

As per the unaudited report of the second quarter, the insurance company reported net profit of Rs 17.08 crore in the Q2 of the fiscal year 2074/75, up from Rs 8.50 crore of the corresponding fiscal year.

The company’s earnings from premium have rose to Rs 2.45 arba from the corresponding year’s Rs 2 arba. The company’s insurance fund stands at Rs 19.26 arba which was Rs 15.78 arba in the corresponding quarter of the last fiscal year.

The paid up capital of the insurance company is Rs 1.65 arba with Rs 39.20 crore in the reserve. Currently, National Life Insurance is seeking approval from Securities Board of Nepal (SEBON) for the issuance of 10:6 (60%) right shares. After the issuance of 60% right share, its paid up capital will reach Rs 2.64 arba and met the capital requirement of Rs 2 arba as per Insurance Board.

Q2 Report

RBCL Proposes Attractive Bonus 120%, Check Out?

BONUS

Rastriya Beema Company Limited (RBCL) has just proposed to distribute its shareholders an attractive single lump sum of 120% bonus shares for 6 fiscal years altogether at once. The executive committee meeting held on this Thursday has proposed to distribute the said amount of bonus share to its shareholders from the net profit made in the fiscal year 2068/069.

The company is preparing to distribute the bonus share for 6 fiscal years 2063/064, 2064/065, 2065/066, 2066/067, 2067/068 and 2068/069 together. RBCL has already conducted its annual general meeting (AGM) till the fiscal year 2062/63 lately just last year.

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Rastriya Beema Company (RBCL) Soars Net Profit of Rs 370 million (42.4%) in Q2 of FY 2074/75 !

TRIMESTER REPORT

Rastriya Beema Company Ltd. (RBCL) has earned a net profit of Rs 372.5 million (Rs 37.25 crores) in the Second Quarter (Q2) of the current Fiscal Year (FY) compared to Rs 261.6 million  (Rs 26.16 crores) of the corresponding period (Q2) of the last FY. This is a 42.37% times increase!

In the review period, the company earned net insurance premium of Rs 128.8 million (Rs 12.88 crores) which is 21 percent growth than the previous FY. The company earned Rs 13.8 million (Rs 1.38 crores) through reinsurance commission.

In Q2, it paid Rs 34.3 million (Rs 3.44 crores) on claims.

The company with a paid-up capital of Rs 266.6 million (Rs 26.66 crores) has reserve fund of Rs 1.98 billion (Rs 1 arbas 98 crores). Similarly, the company has maintained Rs 1.26 billion (Rs 1 arabs 26 crores) on insurance fund.

Thus, RBCL must hike its capital by about 275% that is Rs 733.4 million (Rs 73.34 crores) to meet the capital requirement of Rs 1 billion (Rs 1 arba).

Its current earning per share (EPS) stands at Rs 139.70 (annualized EPS Rs 279.44), net worth per share Rs 843.11 and price to earning (P/E) ratio at 96.99 times.

Its last trading price on this Sunday was Rs 12,550 that was the lowest in the past 10 months after its massive hike as much high upto Rs 23,000 in mid April early this year before the adjustment.

Check the links below to see/download Company's Recent Financial Analysis as well as Second Quarterly Financial Reports of Fiscal Years 2074/75 and 2073/74 here:

RECENT FINANCIAL ANALYSIS LINK

FY 2074/75 Q2 FINANCIAL REPORT LINK

FY 2073/74 Q2 FINANCIAL REPORT LINK

ShareUpdateNepal: Wednesday 14th February 2018

Why RBCL ? Check this out ! »

RBCL नै किन ???????

यसकारण अबको बजारमा महँगो मूल्यको सेयर RBCL हुनेछ (सुन्दर प्रसाद पकुवालको विश्लेषण)

Also, Check these out too:

• राष्ट्रिय बीमा कम्पनी (RBCL) ले तीन आर्थिक बर्षको एकसाथ साधारणसभा गर्ने तयारी !
• राष्ट्रिय बीमा कम्पनी (RBCL) अर्को दुई बर्षको साधारणसभा गर्ने तयारीमा, थप एक बर्षको बित्तीय बिवरण स्वीकृत !
• जीवन बीमा कम्पनीको नाफामा उल्लेख्य वृद्धि
• के साँचै अब आउने नै भो त बीमामा हकप्रद र बोनस सेयरको बाढी ?
• बीमा कम्पनीको शेयर किन्दै हुनुहुन्छ ? हेर्नुहोस् यस्तो छ जीवन बीमा कम्पनीको पछिल्लो अवस्था !
• प्रतिशेयर आम्दानी एक सय एकतीस रुपैंया भएको वित्तीय विबरण प्रकाशित गर्ने कम्पनी कुन् होला ?
• बजारमा सेयर मूल्य धेरै भएको दोस्रो कम्पनीको कस्तो छ प्रगति ?
• राष्ट्रिय बिमा संस्थानलाई बिमा समितिको अंकुश,लेखा परीक्षण नसकाएसम्म लगानीमा रोक