National Life Insurance Posts Net Profit Of Rs 39.12 Crores In FY 2076/77
August 8, 2020 | Investopaper
National Life Insurance (NLICL) has posted a net profit of Rs 39.12 crores in the fiscal year 2076/77. Based on the unaudited fourth quarterly report, this profit is 16 percent higher than the previous year. In the fiscal year 2075/76, the insurance had earned Rs 33.62 crores in net profit.
Note: The net profit doesn’t include the profit after the actuary valuation. The actual profit is likely to differ from that stated in the unaudited report.
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The major financial indicators of National Life Insurance for the fiscal year 2076/77 include:
Major Financial Indicators Of National Life Insurance (NLICL), FY 2076/77
Paid-up Capital: Rs 3.08 Arba
Reserve & Surplus: Rs 1.04 Arba
Life Assurance Fund: Rs 33.72 Arba
Total Premium: Rs 9.22 Arba
Net Premium: Rs 9.11 Arba
Net Claim: Rs 2.76 Arba
Total Investments & Loans: Rs 37.25 Arba
Income From Investment & Loans: Rs 3.2 Arba
Management Expenses: Rs 0.81 Arba
Net Profit: Rs 39.12 crores
Number Of Policies: 810,832
Earnings Per Share (EPS):Rs 16.92
Networth Per Share: Rs 133.61
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The fourth-quarter report of National Life Insurance (NLICL) is summarized in the table below:
National Life Insurance (NLICL) Financial Highlights, FY 2076/77
| Headings | 4th Qtr, F.Y. 2076/77 | 4th Qtr, F.Y. 2075/76 | Percent Change |
| Paid-up Capital (Rs. ‘Arba’) | 3.08 | 3.01 | 2.33 |
| Reserve & Surplus (Rs. ‘Arba’) | 1.04 | 0.92 | 13.04 |
| Life Assurance Fund (Rs. ‘Arba’) | 33.72 | 27.19 | 24.02 |
| Total Premium (Rs. ‘Arba’) | 9.22 | 8.03 | 14.82 |
| Net Premium (Rs. ‘Arba’) | 9.11 | 7.8 | 16.79 |
| Net Claim (Rs. ‘Arba’) | 2.76 | 2.5 | 10.40 |
| Total Investments & Loans (Rs. ‘Arba’) | 37.25 | 30.69 | 21.38 |
| Income From Investment & Loans (Rs. Arba’) | 3.2 | 2.62 | 22.14 |
| Management Expenses (Rs. ‘Arba’) | 0.81 | 0.75 | 8.00 |
| Net Profit (Rs. ‘crores’) | 39.12 | 33.63 | 16.32 |
| Number Of Policies | 810,832 | 721,008 | 12.46 |
| Earnings Per Share (Rs.) | 16.92 | ||
| Networth Per Share (Rs.) | 133.61 | ||
| Market Price Per Share (Rs.) [Ashad end, 2077] | 662 | ||
| P/E Ratio | 39.13 |
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.
Note: If you want to see the reports of other companies, Click Here.
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