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SIC ( Sagarmatha Insurance Co. Ltd. ) NEPSE Group A Company

ISIN Number : NPE214A00004

As of Mar 30, 2021
1599.00
21.00
1.33 %
Open
1578
High
1601
Low
1586
Volume
17198
Prev. Close
1578
Bid Price
720 ( 100 )
Ask Price
721 ( 45 )
BASIC CHART
KEY INDICATORS
Market Capitalization
रू 1600.96 करोड
Outstanding Shares
10012230
Book Value
245.87
PBV
6.5
Stock P/E
45.16
Dividend ( 2074/2075 )
86 %
EPS
35.41
PB X PE
293.67
ROE
--
ROA
--
CAR
--
Industrial PE
777.01
Industrial EPS
24.9
52 Weeks High-Low
1650 - 565
Lifetime High-Low
2999 - 290
180 Day Average Price
1373.28
PROMOTER SHARE VALUE
Sagarmatha Insurance Co. Ltd. Promoter Share ( SICPO )
Open
635.00
High
636.00
Low
636.00
Close
636.00
Classic Tech Red Label
PRICE PERFORMANCE
5 Days ---
1 Month ---
3 Months ---
YTD ---
1 Year ---
5 Years
-46.45%
COMPETITORS
Name chg % Market cap
AIL 9.92 % रू 853 करोड
NLG 4.20 % रू 1169.13 करोड
PICL 4.09 % रू 836.54 करोड
SGI 9.97 % रू 706 करोड
SIL 0.32 % रू 1248 करोड
UIC 3.29 % रू 677.56 करोड
MORE ON WEB
No floorsheets were found.
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STOCK TRADING STRATEGIES
SIC 1.33 %

High Dividend Expected for Capital Plan Reach

Buy
TOP BROKERS (As of - Mar 31, 2021)
Sell Buy
Code Qty Amt Commission (Est) Qty Amt Commission (Est) Total Amount Total Commission
52 --- --- --- --- --- --- रू 0 रू 0
55 --- --- --- --- --- --- रू 0 रू 0
1 --- --- --- --- --- --- रू 0 रू 0
5 --- --- --- --- --- --- रू 0 रू 0
7_RWS --- --- --- --- --- --- रू 0 रू 0
11 --- --- --- --- --- --- रू 0 रू 0
14_RWS --- --- --- --- --- --- रू 0 रू 0
19 --- --- --- --- --- --- रू 0 रू 0
22 --- --- --- --- --- --- रू 0 रू 0
28 --- --- --- --- --- --- रू 0 रू 0

Condensed Consolidated Statement of Financial Position

Particular
This Quarter
77/78 - 2nd Quarter
Previous Quarter
75/76 - 3rd Quarter
Corresponding Previous Year Quarter
Cash and cash equivalent 134,781,000 81,409,000 n/a
Due from Nepal Rastra Bank n/a
Placement with Bank and Financial Institutions n/a
Derivative Financial Instruments n/a
Other Trading Assets n/a
Loan and advances to B/Fis n/a
Loan and advances to Customers n/a
Investment Securities n/a
Current Tax Assets n/a
Investment in Subsidiaries n/a
Investment in Associates n/a
Investment Property n/a
Property and Equipment n/a
Goodwill and Intangible assets n/a
Deferred Tax Assets n/a
Other Assets 1,914,531,000 1,378,277,000 n/a
Total Assets n/a
Liabilities
Due to bank and Financial Institutions n/a
Due to Nepal Rastra Bank n/a
Derivative Financial Instrument n/a
Deposit from Customers n/a
Borrowings n/a
Current Tax Liabilities n/a
Provisions n/a
Deferred Tax Liabilities n/a
Other Liabilities n/a
Debt securities issued n/a
Subordinated Liabilities n/a
Total Liabilities n/a
Total Liabilities n/a
Equity
Share Capital 1,001,223,000 538,292,000 n/a
Share Premium n/a
Retained Earnings n/a
Reserves n/a
Total equity attributable to equity holders n/a
Non-controlling interest n/a
Total Equity n/a
Total Liabilities and Equity n/a

Condensed Consolidated Statement of Profit or Loss

Particular This Quarter Previous Quarter Corresponding Previous Year Quarter
Interest Income n/a
Interest Expense n/a
Net interest Income n/a
Fees and Commission Income n/a
Fees and Commission Expense n/a
Net fee and commission income n/a
Net interest, fee and commission income n/a
Net Trading income n/a
Other Operating Income n/a
Total Operating Income n/a
Impairment charge/(reversal) for loans and other losses n/a
Net Operating Income n/a
Loans and Other Losses n/a
Operating Expenses
Personal Expense n/a
Other Operating Expense n/a
Depreciation and Amortization n/a
Operating Profit n/a
Non operating Income n/a
Non operating expenses n/a
Profit before Income Tax n/a
Income tax Expenses
   Current Tax n/a
   Deferred Tax n/a
Profit/(loss) for the period 177,267,000 171,914,000 n/a

Condensed Consolidated Statement of Comprehensive Income

Particular
This Quarter
77/78 - 2nd Quarter
Previous Quarter
75/76 - 3rd Quarter
Corresponding Previous Year Quarter
Profit/(loss) for the period 177,267,000 171,914,000 n/a
Other Comprehensive Income n/a
Total Comprehensive Income n/a
Basic Earning per share 35 43 n/a
Diluted Earning per share n/a
Profit attributable to:
   Equity holders of the Bank n/a
   Non-controlling interests n/a
Total n/a
Statement of Distributable Profit and Loss
Net Profit for the Quarter ended n/a
1. Appropriations
1.1 Profit required to be appropriated to statutory reserve
a. General Reserve n/a
b. Capital Redemption Reserve n/a
c. Exchange Fluctuation Fund n/a
d. Corporate Social Responsibility Fund n/a
e. Employees Training Fund n/a
f. Other n/a
1.2 Profit required to be transferred to Regulatory Reserve
a. Transfer to Regulatory Reserve n/a
b. Transfer from Regulator Reserve n/a
Net Profit for quarter end available for distribution n/a

Ratios as per NRB Directives

Particular
This Quarter
77/78 - 2nd Quarter
Previous Quarter
75/76 - 3rd Quarter
Corresponding Previous Year Quarter
Capital fund to RWA n/a
Non-Performing Loan (NPL) to Total loan n/a
Total Loan Loss provision to Total NPL n/a
Cost of Funds n/a
Credit to Deposit Ratio n/a
Base Rate n/a
Interest Rate Spread n/a
Net Interest income to total income n/a
Non Interest Income to Operating Cost n/a
Interest Expenses to Interest Income n/a
Shareholder's Equity n/a
Number of Outstanding Share n/a
Net Worth Per Share 246 336 n/a
Earning Per share (EPS Annualized) 35 43 n/a
PE Ratio 32 31 n/a
Price to Book Ratio n/a
Return on Equity (Closing Annualized) n/a
Return on Asset n/a
Market Price High-Low n/a
PEER PERFORMANCE
Companies LTP Intraday 5D % 1M % 3M % YTD % 1Y % Trend
SIC 1599 21 --- --- --- --- ---
AIL 853 77 --- --- --- --- ---
NLG 1141 46 --- --- --- --- ---
PICL 815 32 --- --- --- --- ---
SGI 706 64 --- --- --- --- ---
SIL 1248 4 --- --- --- --- ---
UIC 659 21 --- --- --- --- ---
DIVIDENDS
Fiscal Year Bonus Share Cash Dividend Total Dividend Bonus Dist. Date Right Share Right Dist. Date
1 2074/2075 86 % -- 86 % -- -- --
2 2072/2073 22 % 1.16 % 23.16 % 2017-03-28 -- --
3 2071/2072 23.75 % 1.25 % 25 % 2017-01-08 -- --
4 2070/2071 15 % 0.79 % 15.79 % 2016-01-03 -- --
5 2069/2070 20 % 22.1 % 42.1 % 2014-06-29 -- --
6 2068/2069 100 % 29.62 % 129.62 % 2013-07-09 -- --
Company Information
Registered Office
Head Office Location : Bhagwati Marg, Naxal, Kathmandu
Email : info@sagarmathainsurance.com.np
Phone : 977-1-4412367
Website : https://sagarmathainsurance.com.np/
Registered At :
Share Registrar ( RTS )
Name : Global IME Capital Limited
Phone : 977-01-4222460
Address : Rastriya Naach Ghar, Jamal, Kathmandu, Nepal.
Website : www.globalimecapital.com
Management
Name Designation
Chunky Chhetry CEO
Ram Krishna Manandhar Chairman
Padma Jyoti Director
Lokmanya Golcha Director
Kriti Kumar Joshi Director
Ajit R. Gunawardena Director
Patrick Alwis Director
Gajendra Lal Shrestha Public Director
Anil Joshi Public Director
Nirmala Devi manandhar Public Director
About Company

Sagarmatha Insurance Co. Ltd.

Sagarmatha Insurance Company Limited was incorporated in 1996 and is listed as first foreign joint venture company of Nepal in General Insurance Industry. Its joint venture partner, Ceylinco Insurance PLC is a leading insurance company in Sri Lanka holding 20% equity share. The latter is recognized as an industry leader in product variation, and insurance claim management which led them to achieve an award for leading general insurance companies in Asia. Ceylinco received this prestigious award at the fourth Asia Insurance Industry Awards Ceremony 2000, held in the Philippines.

Sagarmatha Insurance Co. Ltd has established itself as one of the largest private sector general insurance companies in Nepal with a Gross Written Premium (GWP) of Rs. 1,115,232,400 for the fiscal year 2015/16. The company issues over 81,388 policies and settled over 4236 claims during this time period. At the end of fiscal year 2015/16 the company had an Authorized Capital of Rs.500 million, Issued Capital 400 Million and Paid up Capital of Rs.258.36 million, being authorized by Insurance Board of Nepal Compliance with the Insurance Act, 2049.

Sagarmatha Insurance Co. Ltd has wide network expansions within its home country with total 62 branches and additional extensions. The workflow is managed by a team of dedicated experts and persistence employees. The company also comprises wide distribution network including various corporate agents beside its own direct sales force.

Our company has been promoted by the prominent entrepreneurs and leading industrial groups, such as Salt Trading Corporation, Golchha Organization, Jyoti Group and MC group of companies. We have executed this company with the determination to provide innovative insurance solutions and generous commitments to customers at their doorsteps. Our company along with our associates believes in attaining the trust of prospects by ensuring quality service and authenticity of work.