Ajod Insurance Collects Rs 68.23 Crores In Premium (Q2 Report)
February 10, 2021 | Investopaper
Ajod Insurance (AIL) has reported a total premium collection of Rs 68.23 crores in the first six months of the current fiscal year 2077/78. The premium has grown by 67 percent as compared to the corresponding period of the previous year. Likewise, the net premium has increased by 24 percent to Rs 20.86 crores.
The table below presents the summarized version of the quarterly report published by the company.
Ajod Insurance (AIL) Second Quarterly Report Summary, FY 2077/78
| Financial Indicators | Q2, FY 2077/78 | Q2, FY 2076/77 | Percent Change |
| Paid-up Capital (Rs. ‘crores’) | 100 | 100 | 0.00 |
| Reserve & Surplus (Rs. ‘crores’) | 6.63 | 2.79 | 137.63 |
| Insurance Fund (Rs. ‘crores’) | 8.27 | 4.21 | 96.44 |
| Total Investments (Rs. ‘crores’) | 145.74 | 100.22 | 45.42 |
| Total Premium (Rs. ‘crores’) | 68.23 | 40.65 | 67.85 |
| Net Premium (Rs. ‘crores’) | 20.86 | 16.77 | 24.39 |
| Net Claim (Rs. ‘crores’) | 9.74 | 3.95 | 146.58 |
| Total Outstanding Claim (Rs. ‘crores’) | 29.65 | 3.57 | 730.53 |
| Net Profit (Rs. ‘crores’) | 4.06 | 2.31 | 75.76 |
| Management Expenses (Rs. ‘crores’) | 10.19 | 8.8 | 15.80 |
| Number Of Policies | 71,307 | 52,954 | 34.66 |
| Earnings Per Share (Rs.) | 8.13 | ||
| Networth Per Share (Rs.) | 115.64 | ||
| Market Price Per Share (Rs.) [Poush end, 2077] | 674 | ||
| P/E Ratio | 82.90 |
Note:
The above figures are based on the unaudited quarterly report published by the respective company. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.
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