4th September 2025, Kathmandu
NIC Asia Capital Limited successfully held its 9th Annual General Meeting (AGM) and approved a 50% cash dividend for its shareholders, a move that highlights its robust financial health and commitment to delivering strong returns.
NIC Asia Capital Concludes 9th AGM
The company’s performance in FY 2024/25, as reviewed and endorsed during the meeting, showcases its dominance across key segments of Nepal’s capital market.
Strong Financial Performance and Shareholder Returns
During the AGM, shareholders approved the company’s audited financial statements for the fiscal year 2081/82. With a paid-up capital of NPR 2 billion, NIC Asia Capital reported total revenue exceeding NPR 3.06 billion and a net profit of over NPR 1.16 billion. This impressive profitability underscores its efficient management and strategic growth. The approval of a 50% cash dividend is a direct reflection of this strong performance, ensuring that shareholders benefit directly from the company’s success. It also adds to an already impressive track record, as the company has delivered an aggregate shareholder return of 290% through past dividend distributions.
Dominance Across Key Services
NIC Asia Capital has solidified its position as a leading player in Nepal’s financial services sector through its performance in several key areas.
Demat Services: The company maintains a strong presence in the Demat account market, having opened over 800,000 Demat accounts by the end of Ashad 2082. This reflects a growing customer base and continued investor trust in its services.
Mutual Funds and Investment Management: NIC Asia Capital is a major force in the mutual fund industry, managing five schemes—four closed-end and one open-end—with a combined fund value exceeding NPR 54.5 billion.
Additionally, its investment management services manage over NPR 2.7 billion in funds for 720 individual clients, demonstrating its growing appeal to high-net-worth individuals and institutional investors.
Registrar and Issue Management: The company’s share registrar services currently serve 23 listed companies. Furthermore, it has successfully completed the IPO issuance process for 17 different companies, contributing significantly to capital mobilization and market growth in Nepal.
Leadership Perspective and Future Outlook
Chairman Santosh Kumar Rathi highlighted that the company’s success is a result of a steadfast commitment to transparency, innovation, and regulatory compliance. He emphasized that the 50% cash dividend is a testament to the company’s strong financial position and consistent profitability.
Looking ahead, NIC Asia Capital plans to further expand its asset management and investment advisory services. The company is also focused on enhancing its digital platforms to provide easier access to its mutual fund and portfolio services, and to play a crucial role in introducing new financial products to Nepal’s growing capital market. Given the rising demand for structured investment services, NIC Asia Capital is well-positioned to remain a leader in the sector, supporting both institutional and retail investors.
Conclusion
NIC Asia Capital’s 9th AGM and its decision to approve a 50% cash dividend firmly establish its reputation as a financially robust and shareholder-friendly institution. With exceptional performance across all its service verticals—from Demat accounts and mutual funds to issue and registrar management—the company continues to be a driving force in Nepal’s financial sector. As it sets its sights on further innovation and market expansion, NIC Asia Capital is poised to play an increasingly vital role in supporting the growth and maturity of Nepal’s capital market.
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