IGI Holdings Limited (IGIHL) Financial Statements, Ratios & Dividends
About
IGI Holdings Ltd. engages in the provision of general insurance services. It operates through the following segments: Fire, Marine, Motor, Health, Miscellaneous, Brokerage and Investment insurance. The Fire insurance segment include damages caused by fire, riot and strike, explosion, earthquake, atmospheric damage, flood, electric fluctuation and terrorism. The Marine insurance segment includes coverage against cargo risk, risk of war and damages occurring in inland transit. The Motor insurance segment includes comprehensive car coverage and indemnity against third party loss. The Health insurance segment includes coverage against expenses incurred during the hospitalisation due to sickness, emergency and accidents. The Miscellaneous insurance segment provides cover against health, burglary, loss of cash in safe and cash in transit, travel, personal accident, money, engineering losses, live stocks, crops and other covers. The Brokerage insurance segment covers the brokerage operations as carried on by IGI Finex. The Investment insurance segment includes the investments that are held and managed by IGI Investments. The company was founded in 1953 and is headquartered in Karachi, Pakistan.
Financial Highlights
| FY2025 | FY2024 | ||
|---|---|---|---|
| Revenue | 27.00B | 25.65B | |
| Net Income | 5.23B | 695.98M | |
| EPS | 36.68 | 4.88 | |
| ROE | 7.84% | 1.07% | |
| ROA | 3.76% | 0.56% | |
| Net Margin | 19.38% | 2.71% | |
| Current Ratio | 1.40 | 1.74 | |
| DPS | 8.00 | 6.00 | |
| Free Cash Flow | 2.98B | 9.58B |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Total Revenue | 27.00B | 25.65B | |
| SG&A Expenses | -6.67B | -5.99B | |
| Other Operating Expense | -275.68M | 578.99M | |
| Total Operating Expense | -23.65B | -22.22B | |
| Operating Income (EBIT) | 3.34B | 3.43B | |
| Interest Income | 0 | 0 | |
| Interest Expense | -485.16M | -498.32M | |
| Equity in Earnings | 4.79B | -758.15M | |
| Other Non-Operating Income | 64.65M | 75.61M | |
| Total Non-Operating Income | -420.51M | -422.72M | |
| Pre-Tax Income | 2.92B | 3.01B | |
| Income Tax | -2.41B | -1.50B | |
| Minority Interest | -73.27M | -48.27M | |
| Net Income | 5.23B | 695.98M | |
| EPS (Basic) | 36.68 | 4.88 | |
| EPS (Diluted) | 36.68 | 4.88 | |
| Operating Margin | 12.39% | 13.37% | |
| Pre-Tax Margin | 10.83% | 11.72% | |
| Net Margin | 19.38% | 2.71% |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Profitability | |||
| Return on Equity (ROE) | 7.84% | 1.07% | |
| Return on Assets (ROA) | 3.76% | 0.56% | |
| Return on Invested Capital | 7.84% | 1.07% | |
| Operating Margin | 12.39% | 13.37% | |
| Net Margin | 19.38% | 2.71% | |
| Pre-Tax Margin | 10.83% | 11.72% | |
| Liquidity | |||
| Current Ratio | 1.40 | 1.74 | |
| Leverage | |||
| Debt / Equity | 0.05 | 0.03 | |
| Debt / Assets | 0.02 | 0.01 | |
| LT Debt / Equity | 0.00 | 0.00 | |
| LT Debt / Assets | 0.00 | 0.00 | |
| Net Debt | 3.52B | 1.95B | |
| Total Debt | 3.53B | 1.97B | |
| Efficiency | |||
| Asset Turnover | 0.19 | 0.21 | |
| Per Share | |||
| Book Value Per Share | 488.44 | 446.78 | |
| Tangible Book Per Share | 484.85 | 443.35 | |
| Total Debt Per Share | 24.73 | 13.82 | |
| Working Capital Per Share | 70.29 | 129.54 | |
| Shares & Market | |||
| Total Shares Outstanding | 142,630,550 | 142,630,550 | |
| Market Cap | 36.17B | 24.85B | |
| Enterprise Value | 40.14B | 27.19B | |
| Employees | 412 | 361 | |
| Shareholders | 3,236 | 3,236 | |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Dividends Per Share | 8.00 | 6.00 | |
| Dividend Yield | 3.16% | 3.44% | |
| Payout Ratio | 21.81% | 122.96% | |
| Total Dividends Paid | -928.23M | -851.55M |
| FY2025 | FY2024 | ||
|---|---|---|---|
| P/E Ratio | 6.91 | 35.70 | |
| P/B Ratio | 0.52 | 0.39 | |
| P/S Ratio | 1.34 | 0.97 | |
| P/CF Ratio | 10.03 | 2.47 | |
| Market Cap | 36.17B | 24.85B | |
| Enterprise Value | 40.14B | 27.19B |
| TTM | ||
|---|---|---|
| Income | ||
| Revenue | 27.29B | |
| Operating Income | 3.40B | |
| Net Income | 7.56B | |
| Free Cash Flow | -4.52B | |
| EPS (Basic) | 52.99 | |
| Margins | ||
| Operating Margin | 12.45% | |
| Net Margin | 27.70% | |
| Returns | ||
| Return on Equity (ROE) | 11.54% | |
| ROIC | 0.12% | |
| Coverage & Debt | ||
| Dividend Coverage | -0.56 | |
| Debt / Revenue | 0.12 | |
| Valuation & Scores | ||
| P/E (TTM) | 4.83 | |
| Sloan Ratio | 6.84 | |
| Zmijewski Score | -3.15 | |
Computed Metrics (Latest Period)
| FY2025 | ||
|---|---|---|
| Extended Returns | ||
| Return on Common Equity | 7.84% | |
| Return on Tangible Equity | 7.90% | |
| Return on Tangible Assets | 3.74% | |
| Return on Total Capital | 4.79% | |
| ROCE | 2.90% | |
| Growth | ||
| EPS Diluted Growth | 6.52% | |
| Sustainable Growth Rate | 6.13% | |
| Quality & Risk Scores | ||
| Zmijewski Score | -2.94 | |
| Sloan Ratio | 4.46 | |
| Valuation (Computed) | ||
| Graham Number | 634.93 | |
| Tobin's Q Ratio | 0.24 | |
| Leverage & Coverage | ||
| Total Debt / Capital | 0.05% | |
| Assets / Equity (Leverage) | 2.13 | |
| Effective Interest Rate | 17.65% | |
| Debt / Revenue | 0.13 | |
| Efficiency (Computed) | ||
| Fixed Asset Turnover | 24.34 | |
| Dividends (Computed) | ||
| Dividend Coverage | 4.23 | |
| Share Buyback Ratio | 0.00 | |
| Per Employee | ||
| Revenue / Employee | 65.52M | |
| Net Income / Employee | 12.70M | |
| Oper. Income / Employee | 8.12M | |
| Total Assets / Employee | 360.45M | |
| Balance Sheet (Computed) | ||
| Book Value Per Share | 488.44 | |
| Earnings Schedule | ||
Insurance Metrics
| FY2025 | FY2024 | ||
|---|---|---|---|
| Underwriting | |||
| Premiums Earned | 19.30B | 17.95B | |
| Losses & Adjustments | -14.32B | -7.80B | |
| Claims & Reserves | -16.70B | -16.81B | |
| Underwriting Commissions | -2.42B | -2.28B | |
| Investment Income | 5.11B | 5.65B | |
| Insurance Ratios | |||
| Loss Ratio | 74.16% | 43.45% | |
| Expense Ratio | 34.56% | 33.35% | |
| Combined Ratio | 108.73% | 76.80% | |
| Claims / Premiums | 74.16% | 43.45% | |
| Equity Ratio | 0.47% | 0.48% | |
| Investment Income / Assets | 5.37% | 6.61% | |
| Premiums / Equity | 28.94% | 27.71% | |
| Insurance Liabilities | |||
| Policy Liabilities | 18.00B | 18.21B | |
| Unearned Premiums | 5.98B | 5.62B | |
| Policy Claims | 11.39B | 12.46B | |
| Premium Receivables | 14.88B | 15.25B | |