IGI Life Insurance Limited (IGIL) Financial Statements, Ratios & Dividends
About
IGI Life Insurance Ltd. engages in the provision of life insurance services. It operates through the following segments: Life (participating), Life (non-participating), Life (non-participating) Group, Investment Linked, Accident and Health-Individual, Accident and Health-Group, and Pension Fund. The Life (participating) segment offers life insurance coverage to individuals under individual life policies that are entitled to share in the surplus earnings of the statutory fund to which they are referable. The Life (non-participating) segment is composed of life insurance coverage to individuals under individual life policies that are not entitled to share in the surplus earnings of the statutory fund to which they are referable. The Life (non-participating) Group segment includes life insurance coverage to employer-employee groups of employees and members under a single life policy issued to the employer. The Investment Linked business segment provides life insurance coverage to individuals, whereby the benefits are expressed in terms of units, the value of which is related to the market value of specified assets. The Accident and Health-Individual segment offers fixed pecuniary benefits or benefits in the nature of indemnity or a combination of both in case of accident or sickness to individuals. The Accident and Health-Group segment refers to fixed pecuniary benefits or benefits in the nature of indemnity or a combination of both in case of accident or sickness to employer-employee groups of employees and members under a single policy issued to the employer. The Pension Fund segment focuses on the coverage for the purposes of a pension or a retirement scheme with or without the payments being guaranteed for a minimum period. The company was founded in 1952 and is headquartered in Karachi, Pakistan.
Financial Highlights
| FY2025 | FY2024 | ||
|---|---|---|---|
| Revenue | 17.43B | 17.73B | |
| Net Income | 423.37M | 278.90M | |
| EPS | 2.48 | 1.64 | |
| ROE | 17.01% | 13.20% | |
| ROA | 1.02% | 0.85% | |
| Net Margin | 2.43% | 1.57% | |
| Current Ratio | 4.24 | 8.31 | |
| DPS | 0.00 | 0.00 | |
| Free Cash Flow | -135.65M | 5.75B |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Total Revenue | 17.43B | 17.73B | |
| SG&A Expenses | -3.20B | -2.76B | |
| Other Operating Expense | — | -515.0K | |
| Total Operating Expense | -16.86B | -17.34B | |
| Operating Income (EBIT) | 562.59M | 389.76M | |
| Interest Income | 0 | 0 | |
| Interest Expense | -10.65M | -14.10M | |
| Equity in Earnings | 0 | 0 | |
| Other Non-Operating Income | 41.44M | 26.45M | |
| Total Non-Operating Income | 30.79M | 12.35M | |
| Pre-Tax Income | 593.38M | 402.11M | |
| Income Tax | -170.00M | -123.20M | |
| Minority Interest | 0 | 0 | |
| Net Income | 423.37M | 278.90M | |
| EPS (Basic) | 2.48 | 1.64 | |
| EPS (Diluted) | 2.48 | 1.64 | |
| Operating Margin | 3.23% | 2.20% | |
| Pre-Tax Margin | 3.41% | 2.27% | |
| Net Margin | 2.43% | 1.57% |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Profitability | |||
| Return on Equity (ROE) | 17.01% | 13.20% | |
| Return on Assets (ROA) | 1.02% | 0.85% | |
| Return on Invested Capital | 16.90% | 13.11% | |
| Operating Margin | 3.23% | 2.20% | |
| Net Margin | 2.43% | 1.57% | |
| Pre-Tax Margin | 3.41% | 2.27% | |
| Liquidity | |||
| Current Ratio | 4.24 | 8.31 | |
| Leverage | |||
| Debt / Equity | 0.01 | 0.01 | |
| Debt / Assets | 0.00 | 0.00 | |
| LT Debt / Equity | 0.00 | 0.01 | |
| LT Debt / Assets | 0.00 | 0.00 | |
| Net Debt | -1.51B | -867.55M | |
| Total Debt | 18.96M | 30.55M | |
| Efficiency | |||
| Asset Turnover | 0.42 | 0.54 | |
| Per Share | |||
| Book Value Per Share | 15.82 | 13.36 | |
| Tangible Book Per Share | 13.50 | 11.15 | |
| Total Debt Per Share | 0.11 | 0.18 | |
| Working Capital Per Share | 56.56 | 104.00 | |
| Shares & Market | |||
| Total Shares Outstanding | 170,567,200 | 170,567,200 | |
| Market Cap | 3.74B | 2.71B | |
| Enterprise Value | 3.76B | 2.74B | |
| Employees | 166 | 166 | |
| Shareholders | 890 | 890 | |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Dividends Per Share | 0.00 | 0.00 | |
| Dividend Yield | 0.00% | 0.00% | |
| Payout Ratio | 0.00% | 0.00% | |
| Total Dividends Paid | 0 | 0 |
| FY2025 | FY2024 | ||
|---|---|---|---|
| P/E Ratio | 8.83 | 9.72 | |
| P/B Ratio | 1.38 | 1.19 | |
| P/S Ratio | 0.21 | 0.15 | |
| P/CF Ratio | 68.42 | 0.45 | |
| Market Cap | 3.74B | 2.71B | |
| Enterprise Value | 3.76B | 2.74B |
| TTM | ||
|---|---|---|
| Income | ||
| Revenue | 14.66B | |
| Operating Income | 552.04M | |
| Net Income | 411.72M | |
| Free Cash Flow | -4.51B | |
| EPS (Basic) | 2.41 | |
| Margins | ||
| Operating Margin | 3.77% | |
| Net Margin | 2.81% | |
| Returns | ||
| Return on Equity (ROE) | 15.62% | |
| ROIC | 0.16% | |
| Coverage & Debt | ||
| Debt / Revenue | 0.00 | |
| Valuation & Scores | ||
| P/E (TTM) | 7.87 | |
| Sloan Ratio | 2.41 | |
| Zmijewski Score | 0.91 | |
Computed Metrics (Latest Period)
| FY2025 | ||
|---|---|---|
| Extended Returns | ||
| Return on Common Equity | 17.01% | |
| Return on Tangible Equity | 20.14% | |
| Return on Tangible Assets | 1.03% | |
| Return on Total Capital | 22.39% | |
| ROCE | 1.46% | |
| Growth | ||
| EPS Diluted Growth | 0.52% | |
| Sustainable Growth Rate | 17.01% | |
| Quality & Risk Scores | ||
| Zmijewski Score | 0.97 | |
| Sloan Ratio | 0.41 | |
| Valuation (Computed) | ||
| Graham Number | 29.72 | |
| Tobin's Q Ratio | 0.09 | |
| Leverage & Coverage | ||
| Total Debt / Capital | 0.01% | |
| Assets / Equity (Leverage) | 16.18 | |
| Effective Interest Rate | 43.01% | |
| Debt / Revenue | 0.00 | |
| Efficiency (Computed) | ||
| Fixed Asset Turnover | 69.00 | |
| Dividends (Computed) | ||
| Share Buyback Ratio | 0.00 | |
| Per Employee | ||
| Revenue / Employee | 104.98M | |
| Net Income / Employee | 2.55M | |
| Oper. Income / Employee | 3.39M | |
| Total Assets / Employee | 263.03M | |
| Balance Sheet (Computed) | ||
| Book Value Per Share | 15.82 | |
| Earnings Schedule | ||
Insurance Metrics
| FY2025 | FY2024 | ||
|---|---|---|---|
| Underwriting | |||
| Premiums Earned | 13.64B | 13.09B | |
| Losses & Adjustments | -11.30B | -5.57B | |
| Claims & Reserves | -13.66B | -14.58B | |
| Underwriting Commissions | -1.74B | -1.52B | |
| Investment Income | 2.76B | 3.67B | |
| Insurance Ratios | |||
| Loss Ratio | 82.87% | 42.53% | |
| Expense Ratio | 23.46% | 21.07% | |
| Combined Ratio | 106.34% | 63.60% | |
| Claims / Premiums | 82.87% | 42.53% | |
| Equity Ratio | 0.06% | 0.06% | |
| Investment Income / Assets | 7.16% | 10.54% | |
| Premiums / Equity | 547.93% | 619.85% | |
| Insurance Liabilities | |||
| Policy Liabilities | 4.44B | 4.05B | |
| Unearned Premiums | 0 | 0 | |
| Policy Claims | 1.19B | 898.00M | |
| Premium Receivables | 918.75M | 620.14M | |