| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
| Income Statement | (Rs. In Millions) | |||||
| Gross premium written | 3,284.0 | 2,746.9 | 2,505.3 | 2,408.7 | 2,292.7 | 2,054.5 |
| Net premium revenue | 2,398.4 | 2,163.1 | 2,136.2 | 2,246.6 | 2,068.8 | 1,750.5 |
| Underwriting expenses | (2,280.5) | (2,046.8) | (2,024.5) | (2,116.7) | (1,957.1) | (1,724.6) |
| Underwriting results | 117.8 | 116.3 | 111.7 | 129.9 | 111.7 | 25.9 |
| Investment income and other income | 110.8 | 204.1 | 152.1 | 70.7 | 61.9 | 106.8 |
| Other expenses | (233.9) | (240.8) | (207.8) | (165.9) | (80.1) | (50.6) |
| Profit / (Loss) before tax for the year | (5.2) | 79.6 | 56.0 | 34.7 | 93.5 | 82.1 |
| Profit / (Loss) after tax | (9.7) | 39.8 | 30.5 | 23.8 | 35.2 | 36.4 |
| Other Comprehensive Income | 196.4 | 22.4 | (4.4) | 10.9 | (38.6) | 0.6 |
| Total Comprehensive Income | 186.7 | 62.2 | 26.1 | 34.7 | (3.4) | 40.0 |
| Balance Sheet | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
| Paid up share capital | 1,393.1 | 946.7 | 946.7 | 955.6 | 1,009.1 | 904.1 |
| Accumulated (losses) /Unappropriated profits | (65.3) | (164.5) | (114.0) | 8.0 | 138.7 | 138.7 |
| Other comprehensive income reserve | 189.0 | (7.3) | (29.7) | (26.7) | (26.4) | 2.3 |
| Other capital reserves | 77.6 | 24.1 | - | - | - | - |
| Participant's Takaful Fund | (67.5) | 41.4 | (48.9) | (170.3) | (201.7) | (121.9) |
| Total Equity | 1,526.9 | 840.4 | 754.1 | 766.6 | 919.7 | 923.2 |
| Investments | 1,390.4 | 920.8 | 729.4 | 1,026.3 | 1,213.3 | 1,056.8 |
| Fixed assets | 401.2 | 257.5 | 426.5 | 122.0 | 70.0 | 361.2 |
| Capital work in progress | - | - | 2.6 | 7.6 | 21.4 | - |
| Cash and bank deposits | 1,046.4 | 913.4 | 702.4 | 251.9 | 247.2 | 240.9 |
| Other assets | 1,948.0 | 1,409.5 | 1,105.2 | 1,216.9 | 1,147.1 | 759.0 |
| Total Assets | 4,786.1 | 3,501.2 | 2,966.1 | 2,624.7 | 2,699.0 | 2,417.9 |
| Underwriting liabilities | 2,393.3 | 1,970.8 | 1,505.1 | 1,447.4 | 1,383.6 | 1,247.9 |
| Other liabilities | 929.9 | 690.0 | 706.9 | 410.7 | 395.7 | 246.8 |
| Total Liabilities | 3,259.2 | 2,660.8 | 2,212.0 | 1,858.1 | 1,779.4 | 1,494.7 |
| Profitability | Profitability | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
| Profit Before Tax / Gross Premium | -0.20% | 2.90% | 2.20% | 1.40% | 4.10% | 4.00% | |
| Profit Before Tax / Net Premium | % | -0.20% | 3.70% | 2.60% | 1.50% | 4.50% | 4.70% |
| Profit After Tax / Gross Premium | % | -0.30% | 1.40% | 1.20% | 1.00% | 1.50% | 1.80% |
| Profit After Tax / Net Premium | % | -0.40% | 1.80% | 1.40% | 1.10% | 1.70% | 2.10% |
| Underwriting Result / Gross Premium | % | 3.60% | 4.20% | 4.50% | 5.40% | 7.80% | 3.70% |
| Underwriting Result / Net Premium | % | 4.90% | 5.40% | 5.20% | 5.80% | 8.70% | 4.30% |
| Profit Before Tax / Total Income | % | -0.20% | 3.40% | 2.40% | 1.50% | 4.40% | 4.40% |
| Profit After Tax / Total Income | % | -0.40% | 1.70% | 1.30% | 1.00% | 1.70% | 2.00% |
| Combined ratio | % | 95.00% | 94.60% | 94.80% | 94.20% | 91.30% | 95.70% |
| Net Claims / Net Premium | % | 46.40% | 44.90% | 41.30% | 43.00% | 43.20% | 45.70% |
| Management Expenses / Net Premium | % | 39.40% | 40.60% | 40.60% | 40.70% | 40.40% | 40.90% |
| Net Profit Margin | % | -0.40% | 1.70% | 1.30% | 1.00% | 1.70% | 2.00% |
| Return to Shareholders | |||||||
| Return on Equity | % | -0.60% | 4.70% | 4.00% | 3.10% | 3.80% | 3.90% |
| Return on Capital Employed | % | -0.60% | 4.70% | 3.30% | 3.10% | 3.80% | 3.90% |
| Return on Assets | % | -0.20% | 1.10% | 1.00% | 0.90% | 1.30% | 1.50% |
| Earnings / (Loss) Per Share attributable to Shareholders' Fund | Rs. | 0.9 | -0.54 | -1.14 | 0.04 | 1.12 | 1.1 |
| Price Earning Ratio | Times | 33 | N/A | N/A | 564.8 | 22.1 | 17.3 |
| Price to Book Ratio | Times | 2.2 | 3.6 | 3 | 2.2 | 2.1 | 1.7 |
| Breakup value per share | Rs. | 13.6 | 8.5 | 8.6 | 10 | 11.9 | 11.1 |
| Market Data | |||||||
| Market Price per share at the end of the year | Rs. | 29.7 | 30.3 | 25.7 | 21.9 | 24.8 | 19 |
| Market Price per share - Highest during the year | Rs. | 44.5 | 35.8 | 29.7 | 25.7 | 28.4 | 23.2 |
| Market Price per share - Lowest during the year | Rs. | 23.4 | 16 | 18.3 | 19.3 | 17.1 | 14 |
| Performance / Liquidity | |||||||
| Current Ratio | Times | 1.4 | 1.2 | 1.2 | 1.3 | 1.5 | 1.4 |
| Cash / Current Liabilities | % | 32.50% | 34.40% | 34.50% | 13.60% | 13.90% | 16.20% |
| Total Assets Turnover | Times | 0.5 | 0.7 | 0.8 | 0.9 | 0.8 | 0.8 |
| Fixed Assets Turnover | Times | 6.3 | 9.2 | 5.3 | 17.9 | 23.3 | 5.1 |
| Total Liabilities / Equity | Times | 2.1 | 3.2 | 2.9 | 2.4 | 1.9 | 1.6 |
| Cashflow from Operations Margin | % | -1.50% | 22.80% | 14.90% | 9.50% | -3.70% | 19.70% |
| No. Of days in Premium Receivable | Days | 68 | 56 | 45 | 45 | 71 | 68 |
| No. Of days in Claim Settlement | Days | 29 | 58 | 67 | 56 | 52 | 54 |
| Paid-up Capital / Total Assets | % | 24.50% | 26.80% | 31.60% | 35.80% | 28.00% | 31.40% |
| Earning assets / Total Assets | % | 50.90% | 52.40% | 48.30% | 48.70% | 54.10% | 53.90% |
| Shareholders' Equity / Total Assets | % | 33.30% | 22.80% | 27.10% | 35.70% | 41.50% | 43.40% |
