Adamjee Insurance Company Limited (AICL) Financial Statements, Ratios & Dividends
About
Adamjee Insurance Co. Ltd. engages in the provision of general insurance. It operates through the following segments: Fire and Property Damage, Marine, Aviation and Transport, Motor, Accident and Health, and Miscellaneous. The Fire and Property Damages segment includes insurance contracts covering damages caused by fire, riot and strike, explosion, earthquake, atmospheric damage, flood, electric fluctuation, and impact. The Marine, Aviation and Transport segment covers insurances for cargo risk and damages occurring during transit between the points of origin and destination. The Motor segment comprises comprehensive vehicle coverage and indemnity against third party loss. The Accident and Health segment compensates hospitalization and outpatient medical coverage to the insured according to terms and conditions of the policy. The Miscellaneous segment encompasses coverage including cover against burglary, loss of cash in safe, cash in transit and cash on counter, fidelity guarantee, personal accident, workmen compensation, travel and crop, mobilization, and performance bond according to the terms and conditions of the policy. The company was founded on September 28, 1960 and is headquartered in Lahore, Pakistan.
Financial Highlights
| FY2025 | FY2024 | ||
|---|---|---|---|
| Revenue | 99.74B | 90.43B | |
| Net Income | 5.57B | 4.80B | |
| EPS | 15.93 | 13.71 | |
| ROE | 12.01% | 13.08% | |
| ROA | 2.53% | 2.78% | |
| Net Margin | 5.59% | 5.31% | |
| Current Ratio | 1.83 | 1.61 | |
| DPS | 4.00 | 3.00 | |
| Free Cash Flow | 23.34B | 28.95B |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Total Revenue | 99.74B | 90.43B | |
| SG&A Expenses | -17.96B | -14.00B | |
| Other Operating Expense | 3.76B | -73.93M | |
| Total Operating Expense | -89.15B | -81.39B | |
| Operating Income (EBIT) | 10.59B | 9.03B | |
| Interest Income | 0 | 0 | |
| Interest Expense | -604.30M | -247.59M | |
| Equity in Earnings | 0 | 0 | |
| Other Non-Operating Income | -491.94M | -528.21M | |
| Total Non-Operating Income | -774.75M | -441.51M | |
| Pre-Tax Income | 9.82B | 8.59B | |
| Income Tax | -4.05B | -3.64B | |
| Minority Interest | -189.66M | -155.43M | |
| Net Income | 5.57B | 4.80B | |
| EPS (Basic) | 15.93 | 13.71 | |
| EPS (Diluted) | 15.93 | 13.71 | |
| Operating Margin | 10.62% | 9.99% | |
| Pre-Tax Margin | 9.84% | 9.50% | |
| Net Margin | 5.59% | 5.31% |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Profitability | |||
| Return on Equity (ROE) | 12.01% | 13.08% | |
| Return on Assets (ROA) | 2.53% | 2.78% | |
| Return on Invested Capital | 11.93% | 13.02% | |
| Operating Margin | 10.62% | 9.99% | |
| Net Margin | 5.59% | 5.31% | |
| Pre-Tax Margin | 9.84% | 9.50% | |
| Liquidity | |||
| Current Ratio | 1.83 | 1.61 | |
| Leverage | |||
| Debt / Equity | 0.01 | 0.01 | |
| Debt / Assets | 0.00 | 0.00 | |
| LT Debt / Equity | 0.01 | 0.01 | |
| LT Debt / Assets | 0.00 | 0.00 | |
| Net Debt | -17.34B | -13.16B | |
| Total Debt | 355.34M | 400.21M | |
| Efficiency | |||
| Asset Turnover | 0.45 | 0.52 | |
| Per Share | |||
| Book Value Per Share | 145.20 | 120.08 | |
| Tangible Book Per Share | 144.53 | 119.55 | |
| Total Debt Per Share | 1.02 | 1.14 | |
| Working Capital Per Share | 66.04 | 39.87 | |
| Shares & Market | |||
| Total Shares Outstanding | 350,000,000 | 350,000,000 | |
| Market Cap | 28.40B | 17.48B | |
| Enterprise Value | 34.95B | 23.34B | |
| Employees | 3,006 | 2,740 | |
| Shareholders | 2,653 | 2,653 | |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Dividends Per Share | 4.00 | 3.00 | |
| Dividend Yield | 4.93% | 6.01% | |
| Payout Ratio | 25.11% | 21.89% | |
| Total Dividends Paid | -1.28B | -1.54B |
| FY2025 | FY2024 | ||
|---|---|---|---|
| P/E Ratio | 5.09 | 3.64 | |
| P/B Ratio | 0.56 | 0.42 | |
| P/S Ratio | 0.28 | 0.19 | |
| P/CF Ratio | 1.18 | 0.60 | |
| Market Cap | 28.40B | 17.48B | |
| Enterprise Value | 34.95B | 23.34B |
| TTM | ||
|---|---|---|
| Income | ||
| Revenue | 97.42B | |
| Operating Income | 11.04B | |
| Net Income | 5.78B | |
| Free Cash Flow | 16.01B | |
| EPS (Basic) | 16.52 | |
| Margins | ||
| Operating Margin | 11.33% | |
| Net Margin | 5.94% | |
| Returns | ||
| Return on Equity (ROE) | 11.62% | |
| ROIC | 0.12% | |
| Coverage & Debt | ||
| Dividend Coverage | 37.09 | |
| Debt / Revenue | 0.00 | |
| Valuation & Scores | ||
| P/E (TTM) | 5.74 | |
| Sloan Ratio | -1.51 | |
| Zmijewski Score | 0.01 | |
Computed Metrics (Latest Period)
| FY2025 | ||
|---|---|---|
| Extended Returns | ||
| Return on Common Equity | 12.01% | |
| Return on Tangible Equity | 12.06% | |
| Return on Tangible Assets | 2.51% | |
| Return on Total Capital | 21.11% | |
| ROCE | 5.38% | |
| Growth | ||
| EPS Diluted Growth | 0.16% | |
| Sustainable Growth Rate | 8.99% | |
| Quality & Risk Scores | ||
| Zmijewski Score | -0.08 | |
| Sloan Ratio | 0.87 | |
| Valuation (Computed) | ||
| Graham Number | 228.11 | |
| Tobin's Q Ratio | 0.12 | |
| Leverage & Coverage | ||
| Total Debt / Capital | 0.01% | |
| Assets / Equity (Leverage) | 4.79 | |
| Effective Interest Rate | 159.96% | |
| Debt / Revenue | 0.00 | |
| Efficiency (Computed) | ||
| Fixed Asset Turnover | 16.75 | |
| Dividends (Computed) | ||
| Dividend Coverage | 44.60 | |
| Share Buyback Ratio | 0.00 | |
| Per Employee | ||
| Revenue / Employee | 33.18M | |
| Net Income / Employee | 1.85M | |
| Oper. Income / Employee | 3.52M | |
| Total Assets / Employee | 81.05M | |
| Balance Sheet (Computed) | ||
| Book Value Per Share | 145.20 | |
| Earnings Schedule | ||
| Next Earnings Date | 31 Mar 2027 | |
| Next Fiscal Period | 2025 | |
Insurance Metrics
| FY2025 | FY2024 | ||
|---|---|---|---|
| Underwriting | |||
| Premiums Earned | 74.94B | 57.23B | |
| Losses & Adjustments | -58.17B | -42.03B | |
| Claims & Reserves | -74.94B | -67.32B | |
| Underwriting Commissions | -10.51B | -7.52B | |
| Investment Income | 17.57B | 20.50B | |
| Insurance Ratios | |||
| Loss Ratio | 77.61% | 73.43% | |
| Expense Ratio | 23.97% | 24.46% | |
| Combined Ratio | 101.58% | 97.89% | |
| Claims / Premiums | 69.47% | 66.84% | |
| Equity Ratio | 0.23% | 0.24% | |
| Investment Income / Assets | 8.79% | 12.65% | |
| Premiums / Equity | 180.35% | 171.46% | |
| Insurance Liabilities | |||
| Policy Liabilities | 47.08B | 34.87B | |
| Unearned Premiums | 25.43B | 16.60B | |
| Policy Claims | 18.12B | 14.07B | |
| Premium Receivables | 7.56B | 8.08B | |