# ICFC vs RLFL

[ICFC](https://nepse.link/stocks/ICFC) (ICFC Finance Limited) and [RLFL](https://nepse.link/stocks/RLFL) (Reliance Finance Ltd.) are two of the most traded Finance stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q1 FY 083/084.

ICFC is ahead of RLFL on all 5 measures below. None of this is a recommendation; it is what the latest numbers say. ICFC is the bigger company by market value (Rs 721.92 crore), 1.6 times RLFL (Rs 462.04 crore).

## Which is ahead on each measure

- ICFC is cheaper on price to book (3.3 against 3.8 for RLFL).
- ICFC has done better over a year (-2.5% against -9.4% for RLFL).
- ICFC declared the bigger latest dividend (10.53% for 082/083).
- ICFC earns more on its equity (ROE 12.82% against -39.78%).
- ICFC grew its net profit faster against the same quarter last year (+210.8% against +27.0% for RLFL).

## ICFC and RLFL side by side

| Measure | ICFC | RLFL |
| --- | --- | --- |
| Last close | Rs 610.00 | Rs 412.00 |
| Change, 1 month | +3.65% | -0.72% |
| Change, 1 year | -2.52% | -9.37% |
| EPS | Rs 23.59 | Rs -42.90 |
| P/E | 25.9 | -9.6 |
| Book value per share | Rs 184.06 | Rs 107.85 |
| Price to book | 3.31 | 3.82 |
| ROE | 12.82% | -39.78% |
| Net profit growth, same quarter last year | +210.8% | +27.0% |
| Latest dividend | 10.53% (082/083) | 0.00% (081/082) |
| Market value | Rs 721.92 crore | Rs 462.04 crore |
| Average daily turnover, 30 days | Rs 0.67 crore | Rs 0.62 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.70 (1 means they move in step, 0 means unrelated). That is high: holding both adds little diversification.

## More Finance comparisons

- [BFC vs ICFC](https://nepse.link/stocks/compare/BFC-vs-ICFC)
- [BFC vs RLFL](https://nepse.link/stocks/compare/BFC-vs-RLFL)
- [CFCL vs ICFC](https://nepse.link/stocks/compare/CFCL-vs-ICFC)
- [CFCL vs RLFL](https://nepse.link/stocks/compare/CFCL-vs-RLFL)
- [ICFC vs MFIL](https://nepse.link/stocks/compare/ICFC-vs-MFIL)
- [MFIL vs RLFL](https://nepse.link/stocks/compare/MFIL-vs-RLFL)
- [Every Finance stock](https://nepse.link/stocks/sector/finance)

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.