# HLI vs NLIC

[HLI](https://nepse.link/stocks/HLI) (Himalayan Life Insurance 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.

NLIC is ahead of HLI 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), 2.5 times HLI (Rs 2,770.40 crore).

## Which is ahead on each measure

- HLI is cheaper on P/E (87.1 against 114.2 for NLIC).
- HLI is cheaper on price to book (3.2 against 5.8 for NLIC).
- NLIC has done better over a year (-3.5% against -19.6% for HLI).
- NLIC declared the bigger latest dividend (21.05% for 081/082).
- NLIC earns more on its equity (ROE 5.07% against 3.72%).
- NLIC grew its net profit faster against the same quarter last year (-28.8% against -41.9% for HLI).

## HLI and NLIC side by side

| Measure | HLI | NLIC |
| --- | --- | --- |
| Last close | Rs 303.00 | Rs 740.00 |
| Change, 1 month | +3.27% | +2.64% |
| Change, 1 year | -19.63% | -3.51% |
| EPS | Rs 3.48 | Rs 6.48 |
| P/E | 87.1 | 114.2 |
| Book value per share | Rs 93.31 | Rs 127.78 |
| Price to book | 3.25 | 5.79 |
| ROE | 3.72% | 5.07% |
| Net profit growth, same quarter last year | -41.9% | -28.8% |
| Latest dividend | 0.00% (081/082) | 21.05% (081/082) |
| Market value | Rs 2,770.40 crore | Rs 7,015.35 crore |
| Average daily turnover, 30 days | Rs 1.05 crore | Rs 1.30 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.77 (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 NLIC](https://nepse.link/stocks/compare/ALICL-vs-NLIC)
- [HLI vs SJLIC](https://nepse.link/stocks/compare/HLI-vs-SJLIC)
- [HLI vs SRLI](https://nepse.link/stocks/compare/HLI-vs-SRLI)
- [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.