# NLIC vs SRLI

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

SRLI 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), 3.7 times SRLI (Rs 1,896.14 crore).

## Which is ahead on each measure

- SRLI is cheaper on P/E (49.4 against 114.2 for NLIC).
- SRLI is cheaper on price to book (3.4 against 5.8 for NLIC).
- SRLI has done better over a year (-1.9% against -3.5% for NLIC).
- NLIC declared the bigger latest dividend (21.05% for 081/082).
- SRLI earns more on its equity (ROE 6.80% against 5.07%).
- SRLI grew its net profit faster against the same quarter last year (+1.7% against -28.8% for NLIC).

## NLIC and SRLI side by side

| Measure | NLIC | SRLI |
| --- | --- | --- |
| Last close | Rs 740.00 | Rs 378.10 |
| Change, 1 month | +2.64% | +4.39% |
| Change, 1 year | -3.51% | -1.89% |
| EPS | Rs 6.48 | Rs 7.65 |
| P/E | 114.2 | 49.4 |
| Book value per share | Rs 127.78 | Rs 112.62 |
| Price to book | 5.79 | 3.36 |
| ROE | 5.07% | 6.80% |
| Net profit growth, same quarter last year | -28.8% | +1.7% |
| Latest dividend | 21.05% (081/082) | 10.18% (081/082) |
| Market value | Rs 7,015.35 crore | Rs 1,896.14 crore |
| Average daily turnover, 30 days | Rs 1.30 crore | Rs 1.30 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 SRLI](https://nepse.link/stocks/compare/ALICL-vs-SRLI)
- [HLI vs NLIC](https://nepse.link/stocks/compare/HLI-vs-NLIC)
- [HLI vs SRLI](https://nepse.link/stocks/compare/HLI-vs-SRLI)
- [NLIC vs SJLIC](https://nepse.link/stocks/compare/NLIC-vs-SJLIC)
- [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.