Prudential Insurance Co. Ltd. · Quarterly report

PICL Q3 Financial Report — FY 2079/80

Prudential Insurance Co. Ltd. (PICL) posted a year-to-date net profit of Rs 10.04 Cr at the end of Q3 FY 2079/80, down 11.7% from Rs 11.36 Cr a year earlier.

Q3 FY 2079/80 vs Q3 FY 2078/79

Metric	Q3 2079/80	Q3 2078/79	Change
Paid Up Capital	1.23 Arb	1.11 Arb	+10.6%
Reserves and Surplus	26.53 Cr	31.56 Cr	-15.9%
Insurance Fund	72.55 Cr	65.36 Cr	+11.0%
Catastrophic Reserve	2.98 Cr	2.22 Cr	+34.5%
Total Equity	2.25 Arb	2.10 Arb	+7.0%
Total Sources	2.25 Arb	2.10 Arb	+7.0%
Long Term Investment and Loans	36.68 Cr	35.58 Cr	+3.1%
Short Term Investment and Loans	2.05 Arb	2.04 Arb	+0.1%
Total Investment and Loans	2.41 Arb	2.40 Arb	+0.6%
Total Revenue	17.58 Cr	19.55 Cr	-10.1%
Income From Investment Loans And Others	12.52 Cr	9.05 Cr	+38.3%
Total Expenses And Provisions	7.54 Cr	8.19 Cr	-7.9%
Management Expenses	1.63 Cr	1.65 Cr	-1.4%
Net Profit	10.04 Cr	11.36 Cr	-11.7%
Net Premium	31.18 Cr	35.75 Cr	-12.8%
Net Claim Payment	21.70 Cr	17.72 Cr	+22.4%
Gross Premium Earned	1.05 Arb	1.00 Arb	+4.4%
Total No of Issued Policies	10.40 Cr	10.63 Cr	-2.2%
Gross Claim Payments	57.26 Cr	49.71 Cr	+15.2%
Claims Payables	56.53 Cr	48.60 Cr	+16.3%
Number of Shares	1.23 Cr	1.11 Cr	+10.6%
EPS(Rs.)	10.92	13.67	-20.1%
Book Value(Rs.)	183.27	189.43	-3.3%
ROE	5.96%	7.21%	-1.25 pp

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

PICL last 8 quarters

Metric	Q4 2077/78	Q1 2078/79	Q2 2078/79	Q3 2078/79	Q4 2078/79	Q1 2079/80	Q2 2079/80	Q3 2079/80
Net profit	17.69 Cr	3.65 Cr	7.08 Cr	11.36 Cr	15.72 Cr	3.67 Cr	4.02 Cr	10.04 Cr
Return on equity	17.24%	7.42%	7.07%	7.21%	7.34%	6.71%	1.83%	5.96%