| Season | 1991–92 |
|---|---|
| Champions | SC Campomaiorense |
| Promoted |
SC Campomaiorense FC Felgueiras Amora FC |
| Relegated | 12 teams |
|
← 1990–91
1992–93 →
|
|
The 1991–92 Segunda Divisão season was the 58th season of the competition and the 42nd season of recognised third-tier football in Portugal.
The league was contested by 54 teams in 3 divisions with SC Campomaiorense, FC Felgueiras and Amora FC winning the respective divisional competitions and gaining promotion to the Liga de Honra. The overall championship was won by SC Campomaiorense.