# ALICL vs HLI

[ALICL](https://nepse.link/stocks/ALICL) (Asian Life Insurance Co Limited) and [HLI](https://nepse.link/stocks/HLI) (Himalayan Life Insurance Limited) are two of the most traded Life Insurance stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q4 FY 082/083.

ALICL is ahead of HLI on 5 of the 6 measures below. None of this is a recommendation; it is what the latest numbers say. HLI is the bigger company by market value (Rs 2,770.40 crore), 1.2 times ALICL (Rs 2,217.06 crore).

## Which is ahead on each measure

- ALICL is cheaper on P/E (53.5 against 87.1 for HLI).
- HLI is cheaper on price to book (3.2 against 3.5 for ALICL).
- ALICL has done better over a year (-5.2% against -19.6% for HLI).
- ALICL declared the bigger latest dividend (10.53% for 081/082).
- ALICL earns more on its equity (ROE 6.57% against 3.72%).
- ALICL grew its net profit faster against the same quarter last year (+1.2% against -41.9% for HLI).

## ALICL and HLI side by side

| Measure | ALICL | HLI |
| --- | --- | --- |
| Last close | Rs 422.20 | Rs 303.00 |
| Change, 1 month | +1.25% | +3.27% |
| Change, 1 year | -5.19% | -19.63% |
| EPS | Rs 7.89 | Rs 3.48 |
| P/E | 53.5 | 87.1 |
| Book value per share | Rs 120.13 | Rs 93.31 |
| Price to book | 3.51 | 3.25 |
| ROE | 6.57% | 3.72% |
| Net profit growth, same quarter last year | +1.2% | -41.9% |
| Latest dividend | 10.53% (081/082) | 0.00% (081/082) |
| Market value | Rs 2,217.06 crore | Rs 2,770.40 crore |
| Average daily turnover, 30 days | Rs 0.98 crore | Rs 1.05 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.76 (1 means they move in step, 0 means unrelated). That is high: holding both adds little diversification.

## More Life Insurance comparisons

- [ALICL vs NLIC](https://nepse.link/stocks/compare/ALICL-vs-NLIC)
- [ALICL vs SJLIC](https://nepse.link/stocks/compare/ALICL-vs-SJLIC)
- [ALICL vs SRLI](https://nepse.link/stocks/compare/ALICL-vs-SRLI)
- [HLI vs NLIC](https://nepse.link/stocks/compare/HLI-vs-NLIC)
- [HLI vs SJLIC](https://nepse.link/stocks/compare/HLI-vs-SJLIC)
- [HLI vs SRLI](https://nepse.link/stocks/compare/HLI-vs-SRLI)
- [Every Life Insurance stock](https://nepse.link/stocks/sector/life-insurance)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.