Sanima General Insurance Collects Rs 65.17 Crores As Premium [Q4 Report]
August 15, 2021 | Investopaper
Sanima General Insurance Company Limited (SGI) has reported a rise in profit by 55 percent in the fiscal year 2077/78. As per the unaudited report, the insurance earned a net profit of Rs 8.62 crores. In the previous fiscal year 2076/77, Sanima General Insurance had posted a net profit of Rs. 5.56 crores. The company collected a total premium of Rs 65.17 crores during this period.
Also Read: Sanima General Insurance Q3 Report, FY 2077/78
The major financial indicators of Sanima General Insurance in the fiscal year 2077/78 include:
Sanima General Insurance- Major Financial Indicators For FY 2077/78
Paid-up Capital: Rs 100 Crores
Reserve & Surplus: Rs 8.85 Crores
Insurance Fund: Rs 9.97 Crores
Total Investments: Rs 135.62 Crores
Total Premium: Rs 65.17 Crores
Net Premium: Rs 16.34 Crores
Net Claim: Rs 4.7 Crores
Total Outstanding Claim: Rs 28.48 Crores
Net Profit: Rs 8.62 Crores
Management Expenses: Rs 11.92 Crores
Number Of Policies: 71,203
Earnings Per Share (EPS): Rs 8.62
Networth Per Share: Rs 119.84
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The fourth-quarter report of Sanima General Insurance is summarized in the table below:
Sanima General Insurance (SGI): Financial Highlights, FY 2077/78
| Financial Indicators | Q4, FY 2077/78 | Q4, 2076/77 | Percent Change |
| Paid-up Capital (Rs. ‘crores’) | 100 | 70 | 42.86 |
| Reserve & Surplus (Rs. ‘crores’) | 8.85 | 4.98 | 77.71 |
| Insurance Fund (Rs. ‘crores’) | 9.97 | 5.73 | 74.00 |
| Total Investments & Loans (Rs. ‘crores’) | 135.62 | 87.34 | 55.28 |
| Total Premium (Rs. ‘crores’) | 65.17 | 35.26 | 84.83 |
| Net Premium (Rs. ‘crores’) | 16.34 | 13.55 | 20.59 |
| Net Claim (Rs. ‘crores’) | 4.7 | 2.73 | 72.16 |
| Total Outstanding Claim (Rs. ‘crores’) | 28.48 | 7.7 | 269.87 |
| Net Profit (Rs. ‘crores’) | 8.62 | 5.56 | 55.04 |
| Management Expenses (Rs. ‘crores’) | 11.92 | 9.44 | 26.27 |
| Number Of Policies | 71,203 | 42,383 | 68.00 |
| Earnings Per Share (Rs.) | 8.62 | ||
| Networth Per Share (Rs.) | 119.84 | ||
| Market Price Per Share (Rs.) [Ashad end, 2078 BS] | 731 | ||
| P/E Ratio | 84.80 |
Source: Unaudited Q4 Report, FY 2077/78
Note:
The above figures are based on the un-audited 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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