We have done a fundamental analysis of Reliable Nepal Life Insurance (RNLI).
Reliable Nepal Life Insurance (RNLI)
Following is the company analysis of Reliable Nepal Life Insurance (RNLI).
Introduction
Reliable Nepal Life Insurance Company Ltd is a life insurance Company that was established on the 18th of Mangsir, 2064. However, the company obtained a license from the Insurance Board on August 02, 2017. Similarly, the company has a network of 9 branches (including head office), 69 sub-branches, and 28,655 insurance agents as of mid-April, 2023.
The major stakeholders of the company are Global IME Bank Ltd (GBIME) and Century Commercial Bank (Now Prabhu Bank Ltd).
More Information
| Particulars | Information |
|---|---|
| Name of the Company | Reliable Nepal Life Insurance Company Ltd. |
| Symbol | RNLI |
| Sector | Life-Insurance Company |
| List Shares | 46,400,000.00 units |
| Face Value | Rs. 100 |
| Paid Up Capital | Rs. 4,640,000,000.00 |
| Address | Gyaneshwor, Kathmandu, Nepal. |
| info@reliablelife.com.np | |
| Phone Number | (+977) -1-4523618,4523630 |
Audited Financial Statement
Following is the information from the audited financial statement of the company.
| Particulars “000” | 2076/77 | 2077/78 | 2078/79 |
|---|---|---|---|
| Paid Up Capital | 1,400,000.00 | 1,400,000.00 | 1,400,000.00 |
| Reserve and Surplus | 2,58,590.00 | 5,06,033.00 | 7,39,100.00 |
| Share premium | |||
| Contingent Fund | 32,473.00 | 57,482.00 | 87,586.00 |
| Net Premium | 1,621,909.00 | 3,072,373.00 | 4,044,094.00 |
| Net Profit | 238,830.00 | 247,210.00 | 342,498.00 |
| Earnings Per Share | 17.06 | 17.66 | 24.46 |
| Net Worth Per Share | 123.32 | 141.03 | 162.29 |
| Return on Equity | 1.71 | 1.77 | 2.45 |
Capital Structure
Following is the Capital Structure of the company.
| Particulars | Percentage | Amount |
|---|---|---|
| Promoter Shareholding | 70% | Rs. 2,800,000,000.00 |
| Public Shareholding | 30% | Rs. 1,200,000,000.00 |
Board of Directors
Following are the board of directors.
| Name of the Directors | Positions |
|---|---|
| Mr. Udaya Nepali Shrestha | Chairman |
| Mrs. Anju Pandey Pant | Director |
| Mr. Indra Prasad Sharma | Director |
| Mr. Sharad Chandra Poudel | Director |
| Prof. Dr. Prakash Bhattarai | Director |
Hence, these are the Reliable Nepal Life Insurance (RNLI).
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 Reliable Nepal Life Insurance Company Ltd?
= As per FY 2078/79, 162.29 is the book value of the reliable Nepal Life Insurance Company Ltd.
b. Who is the CEO of Reliable Nepal Life Insurance Company?
= Mr. Narayan Babu Lohani is the CEO of Reliable Nepal Life Insurance.
c. Address or location of Reliable Nepal Life Insurance Company?
= Reliable Nepal Life Insurance Company Ltd is located at Gyaneshwor, Kathmandu, Nepal.
d. EPS of Reliable Nepal Life Insurance?
= As per FY 2078/79, the EPS of the company is Rs. 24.46.
e. Phone Number of Reliable Nepal Life Insurance Company Ltd?
= (+977) -1-4523618,4523630 is the phone number of Reliable Nepal Life Insurance Company Ltd.
f. Share Price of Reliable Nepal Life Insurance Company?
= The share price of Reliable Nepal Life Insurance Company can be taken from the official website of the NEPSE. The live price of the company can be observed.
Other Important Links
Corporate Office:
Address: Gyaneshwor, Kathmandu, Nepal.
Email: info@reliablelife.com.np
Phone Number: (+977) -1-4523618,4523630