We have done a fundamental analysis of the IME Life Insurance Company (ILI). It is a leading life insurance company in Nepal.
IME Life Insurance Company (ILI)
Following is the information on the IME Life Insurance Company.
Introduction
IME Life Insurance Company Ltd is a life insurance company that was established on October 01, 2008. The company has 6000 plus IME Centers and local remittance agents. Similarly, It is working and serving the general public through 140 branches throughout the country.
The company is located at 3rd Floor, Hathway Complex, Lainchaur, Kathmandu, Nepal.
More Information
| Particulars | Information |
|---|---|
| Name | IME Life Insurance Company Ltd |
| Symbol | ILI |
| Sector | Life Insurance Company |
| Share Register | Global IME Capital Limited. |
| No of Share | 4,00,00,000 units |
| Face Value | Rs. 100 |
| Paid Up Capital | Rs. 4,000,000,000 |
| Address | 3rd Floor, Hathway Complex, Lainchaur, Kathmandu, Nepal |
| Phone Number | +977-01-4024071 |
| info@imelifeinsurance.com |
Quarterly Report of IME Life Insurance Company
Following is the Quarterly Report of IME Life Insurance Company.
| Particulars “000” | FY 2080/81 Q3 |
|---|---|
| Share Capital | Rs. 4,000,000.00 |
| Share premium | Rs. 1,525,836.61 |
| Catastrophe Reserve | Rs. 159,107.5 |
| Retained Earnings | Rs. 859,246.76 |
| Other Equity | Rs. 545,979.94 |
| Investments | Rs. 14,418,229.69 |
| Gross Insurance Contract Liabilities | Rs. 8,906,728.91 |
| Net Profit/(Loss) | Rs. 331,560.07 |
| Earning Per Share (EPS) | Rs. 11.05 |
| Networth per share (Rs.) | Rs. 177.25 |
| Return on Equity (ROE %) | Rs. 6.24 |
| Return on Assets (ROA %) | Rs. 2.62 |
Audited Balance Sheet
Following is the information from the audited balance sheet:
| Particular “000” | FY 2076/77 | FY 2077/78 | FY 2078/79 |
|---|---|---|---|
| Capital | Rs. 1,400,000.00 | Rs. 1,400,000.00 | Rs. 1,400,000.00 |
| Contingent Fund | Rs. 44,063.00 | Rs. 73,448.00 | Rs. 103,986.00 |
| Accumulated Fund | Rs. 213,175.00 | Rs. 295,268.00 | Rs. 406,917.00 |
| Other Reserves | Rs. 180,406.00 | Rs. 366,401.00 | Rs. 560,477.00 |
| Net Premium | Rs. 1,414,183.00 | Rs. 2,897,477.00 | Rs. 3,549,518.00 |
| Net Profit | Rs. 198,623.00 | Rs. 296,239.00 | Rs. 325,353.00 |
| Earnings per share | Rs. 14.19 | Rs. 21.16 | Rs. 23.24 |
| Net worth per share | Rs. 131.26 | Rs. 152.51 | Rs. 176.53 |
| Return on Equity | 1.26 | 1.68 | 1.66 |
Capital Structure:
Following is the capital structure of the company:
| Particulars | Percentage | Amount |
|---|---|---|
| Promoter Share Holding | 70% | Rs. 2,800,000,000.00 |
| Public Share Holding | 30% | Rs. 1,200,000,000.00 |
Shareholders of IME Life Insurance
Following are the shareholders of IME Life Insurance.
| Shareholders | Percentage of Holding |
|---|---|
| Chandra Prasad Dhakal | 16.16% |
| Hem Raj Dhakal | 16.16% |
| Global IME Bank Ltd | 14.29% |
| IME Ltd. | 4.29% |
| Asian Distributor | 3.57% |
| Min Bahadur Gurung | 3.32% |
| Nawaraj Nepal | 2.50% |
| Bishnu Prasad Agawral | 2.14% |
| DD Investment Pvt Ltd | 2.07% |
| Across Money Transfer | 2.06% |
| Public Share Holding | 30% |
Dividend History
Following are the Dividend History of IME Life Insurance Company:
| FY | Bonus Share | Cash Dividend | Total Dividend |
|---|---|---|---|
| 2080/81 | |||
| 2079/80 | 25.00% | 1.32% | 26.32% |
Board of Directors
Following is the board of directors of the company:
| Name | Position of BOD |
|---|---|
| Dr. Ram Hari Aryal | Chairman |
| Mr. Deep Chandra Regmi | Director |
| Usha Dhakal | Director |
| Mr. Binod K.C | Independent Director |
Hence, these are the fundamental analyses of IME Life Insurance Company (ILI).
Other Important Links
| EPS of Life Insurance Company in Nepal. | Paid-up Capital of Life Insurance Company in Nepal. |
| Top 5 Life Insurance Companies in Nepal. |
Frequently Asked Questions
a. Book Value of IME Life Insurance Company?
= As per FY 2078/79, the book value is Rs. 176.53.
b. Phone Number of IME Life Insurance Company?
= +977-01-4024071 is the phone number of IME Life Insurance Company.
c. Address or location of IME Life Insurance Company?
= IME Life Insurance is located on the 3rd Floor, Hathway Complex, Lainchaur, Kathmandu, Nepal.
d. EPS of IME Life Insurance Company (ILI)?
= Rs. 11.05 is the EPS of ILI.
e. Net Profit of ILI?
= The Net profit of ILI is Rs. 331,560.07.
Other Important Links
Corporate office:
Address: 3rd Floor, Hathway Complex, Lainchaur, Kathmandu, Nepal.
Phone Number: +977-01-4024071
Email: info@imelifeinsurance.com