Gurans Life Insurance Company Ltd. · Quarterly report

GLICL Q3 Financial Report — FY 2079/80

Gurans Life Insurance Company Ltd. (GLICL) posted a year-to-date net profit of Rs 16.12 Cr at the end of Q3 FY 2079/80, up 22.5% from Rs 13.16 Cr a year earlier.

Q3 FY 2079/80 vs Q3 FY 2078/79

Metric	Q3 2079/80	Q3 2078/79	Change
Paid Up Capital	2.24 Arb	2.08 Arb	+7.4%
Reserves and Surplus	65.29 Cr	54.83 Cr	+19.1%
Insurance Fund	14.01 Arb	12.06 Arb	+16.1%
Catastrophic Reserve	10.31 Cr	7.07 Cr	+45.9%
Total Equity	3.00 Arb	2.70 Arb	+10.8%
Total Sources	17.01 Arb	14.77 Arb	+15.2%
Long Term Investment and Loans	9.19 Arb	2.73 Arb	+236.4%
Short Term Investment and Loans	5.70 Arb	10.28 Arb	-44.5%
Total Investment and Loans	14.90 Arb	13.02 Arb	+14.4%
Total Revenue	21.79 Cr	17.62 Cr	+23.7%
Income From Investment Loans And Others	20.72 Cr	17.95 Cr	+15.4%
Total Expenses And Provisions	5.67 Cr	4.46 Cr	+27.2%
Management Expenses	2.42 Cr	2.24 Cr	+7.6%
Net Profit	16.12 Cr	13.16 Cr	+22.5%
Net Premium	2.22 Arb	2.35 Arb	-5.7%
Net Claim Payment	98.03 Cr	1.17 Arb	-15.9%
Gross Premium	2.24 Arb	2.38 Arb	-5.9%
Gross Premium Till Date	19.03 Arb	16.08 Arb	+18.3%
Total No of Issued Policies	16.48 Cr	15.82 Cr	+4.1%
Gross Claim Payments	6.00 Arb	1.18 Arb	+410.6%
Claims Payables	20.82 L	20.82 L	+0.0%
Number of Shares	2.24 Cr	2.08 Cr	+7.4%
EPS(Rs.)	9.60	8.42	+14.0%
Book Value(Rs.)	133.76	129.70	+3.1%
ROE	7.18%	6.49%	+0.69 pp

Amounts in Rs and year-to-date; ratios change in percentage points (pp). For NPL and cost of funds, lower is better.

GLICL last 8 quarters

Metric	Q2 2072/73	Q3 2072/73	Q4 2072/73	Q3 2078/79	Q4 2078/79	Q1 2079/80	Q2 2079/80	Q3 2079/80
Net profit	96.42 L	1.15 Cr	2.23 Cr	13.16 Cr	17.51 Cr	6.35 Cr	12.76 Cr	16.12 Cr
Return on equity	2.86%	2.25%	3.22%	6.49%	6.38%	9.04%	8.88%	7.18%