UnionLife Insurance Co. Ltd. · Quarterly report

ULI Q3 Financial Report — FY 2079/80

UnionLife Insurance Co. Ltd. (ULI) posted a year-to-date net profit of Rs 12.96 Cr at the end of Q3 FY 2079/80, up 375.1% from Rs 2.73 Cr a year earlier.

Q3 FY 2079/80 vs Q3 FY 2078/79

MetricQ3 2079/80Q3 2078/79Change
Paid Up Capital2.34 Arb2.15 Arb+9.0%
Reserves and Surplus13.64 Cr1.09 Arb-87.5%
Insurance Fund14.31 Arb10.34 Arb+38.4%
Catastrophic Reserve3.66 Cr12.14 Cr-69.9%
Total Equity2.52 Arb3.36 Arb-25.2%
Total Sources16.83 Arb13.71 Arb+22.8%
Long Term Investment and Loans13.03 Arb10.42 Arb+25.0%
Short Term Investment and Loans2.62 Arb1.48 Arb+76.9%
Total Investment and Loans15.65 Arb11.90 Arb+31.4%
Total Revenue22.17 Cr21.00 Cr+5.6%
Income From Investment Loans And Others15.33 Cr13.49 Cr+13.7%
Total Expenses And Provisions9.21 Cr18.27 Cr-49.6%
Management Expenses5.99 Cr6.82 Cr-12.2%
Net Profit12.96 Cr2.73 Cr+375.1%
Net Premium5.56 Arb6.00 Arb-7.2%
Net Claim Payment2.19 Arb2.35 Arb-7.1%
Gross Premium2.01 Arb6.23 Arb-67.8%
Gross Premium Till Date5.77 Arb21.68 Arb-73.4%
Total No of Issued Policies19.13 Cr24.89 Cr-23.1%
Gross Claim Payments2.30 Arb2.39 Arb-3.6%
Claims Payables81.02 L1.28 Cr-36.9%
Number of Shares2.34 Cr2.15 Cr+9.0%
EPS(Rs.)7.381.69+336.7%
Book Value(Rs.)107.38156.47-31.4%
ROE6.87%1.08%+5.79 pp

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

ULI last 5 quarters

MetricQ3 2078/79Q4 2078/79Q1 2079/80Q2 2079/80Q3 2079/80
Net profit2.73 Cr1.27 Cr2.78 Cr10.46 Cr12.96 Cr
Return on equity1.08%0.38%3.07%8.53%6.87%