# ALICL vs NLIC

[ALICL](https://nepse.link/stocks/ALICL) (Asian Life Insurance Co Limited) and [NLIC](https://nepse.link/stocks/NLIC) (NEPAL LIFE INSURANCE COMPANY 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 NLIC on 4 of the 6 measures below. None of this is a recommendation; it is what the latest numbers say. NLIC is the bigger company by market value (Rs 7,015.35 crore), 3.2 times ALICL (Rs 2,217.06 crore).

## Which is ahead on each measure

- ALICL is cheaper on P/E (53.5 against 114.2 for NLIC).
- ALICL is cheaper on price to book (3.5 against 5.8 for NLIC).
- NLIC has done better over a year (-3.5% against -5.2% for ALICL).
- NLIC declared the bigger latest dividend (21.05% for 081/082).
- ALICL earns more on its equity (ROE 6.57% against 5.07%).
- ALICL grew its net profit faster against the same quarter last year (+1.2% against -28.8% for NLIC).

## ALICL and NLIC side by side

| Measure | ALICL | NLIC |
| --- | --- | --- |
| Last close | Rs 422.20 | Rs 740.00 |
| Change, 1 month | +1.25% | +2.64% |
| Change, 1 year | -5.19% | -3.51% |
| EPS | Rs 7.89 | Rs 6.48 |
| P/E | 53.5 | 114.2 |
| Book value per share | Rs 120.13 | Rs 127.78 |
| Price to book | 3.51 | 5.79 |
| ROE | 6.57% | 5.07% |
| Net profit growth, same quarter last year | +1.2% | -28.8% |
| Latest dividend | 10.53% (081/082) | 21.05% (081/082) |
| Market value | Rs 2,217.06 crore | Rs 7,015.35 crore |
| Average daily turnover, 30 days | Rs 0.98 crore | Rs 1.30 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.74 (1 means they move in step, 0 means unrelated). That is high: holding both adds little diversification.

## More Life Insurance comparisons

- [ALICL vs HLI](https://nepse.link/stocks/compare/ALICL-vs-HLI)
- [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)
- [NLIC vs SJLIC](https://nepse.link/stocks/compare/NLIC-vs-SJLIC)
- [NLIC vs SRLI](https://nepse.link/stocks/compare/NLIC-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.