# NLIC vs SJLIC

[NLIC](https://nepse.link/stocks/NLIC) (NEPAL LIFE INSURANCE COMPANY LIMITED) and [SJLIC](https://nepse.link/stocks/SJLIC) (SuryaJyoti 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 q1 FY 083/084.

SJLIC is ahead of NLIC on 5 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), 3.3 times SJLIC (Rs 2,154.64 crore).

## Which is ahead on each measure

- SJLIC is cheaper on P/E (52.3 against 114.2 for NLIC).
- SJLIC is cheaper on price to book (3.1 against 5.8 for NLIC).
- SJLIC has done better over a year (+1.6% against -3.5% for NLIC).
- NLIC declared the bigger latest dividend (21.05% for 081/082).
- SJLIC earns more on its equity (ROE 5.97% against 5.07%).
- SJLIC grew its net profit faster against the same quarter last year (-15.9% against -28.8% for NLIC).

## NLIC and SJLIC side by side

| Measure | NLIC | SJLIC |
| --- | --- | --- |
| Last close | Rs 740.00 | Rs 429.90 |
| Change, 1 month | +2.64% | +3.59% |
| Change, 1 year | -3.51% | +1.61% |
| EPS | Rs 6.48 | Rs 8.22 |
| P/E | 114.2 | 52.3 |
| Book value per share | Rs 127.78 | Rs 137.73 |
| Price to book | 5.79 | 3.12 |
| ROE | 5.07% | 5.97% |
| Net profit growth, same quarter last year | -28.8% | -15.9% |
| Latest dividend | 21.05% (081/082) | 13.00% (081/082) |
| Market value | Rs 7,015.35 crore | Rs 2,154.64 crore |
| Average daily turnover, 30 days | Rs 1.30 crore | Rs 0.91 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.75 (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)
- [HLI vs NLIC](https://nepse.link/stocks/compare/HLI-vs-NLIC)
- [HLI vs SJLIC](https://nepse.link/stocks/compare/HLI-vs-SJLIC)
- [NLIC vs SRLI](https://nepse.link/stocks/compare/NLIC-vs-SRLI)
- [SJLIC vs SRLI](https://nepse.link/stocks/compare/SJLIC-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.