Sanima General Insurance Posts Rs 5.81 Crores In Profit (Q3 Report)

May 2, 2021 | Investopaper

Sanima General Insurance Company Limited (SGI) has posted a net profit of Rs 5.81 crores in the first nine months of the current fiscal year 2077/78. The profit has surged by more than 100 percent as compared to the corresponding period of the previous fiscal year.

Until the third quarter of this fiscal year, SGI has collected a total premium of Rs 46.46 crores through the sale of 57,824 policies. Similarly, the net premium stood at Rs 13.84 crores. Likewise, it has paid a net claim of Rs 3.58 crores during this period.

As of Chaitra end 2077 BS, Sanima General Insurance has a paid-up capital of Rs 100 crores. The reserve and insurance fund stood at Rs 7.59 crores and Rs 8.52 crores respectively.

The unaudited report published by the company is summarized in the table below:

Sanima General Insurance (SGI): Unaudited Third Quarterly Report, FY 2077/78

Financial Indicators Q3, F.Y. 2077/78 Q3, F.Y. 2076/77 Percent Change
Paid-up Capital (Rs. ‘crores’) 100 70 42.86
Reserve & Surplus (Rs. ‘crores’) 7.59 3.77 101.33
Insurance Fund  (Rs. ‘crores’) 8.52 4.41 93.20
Total Investments  (Rs. ‘crores’) 126.4 85.1 48.53
Total Premium (Rs. ‘crores’) 46.46 26.33 76.45
Net Premium  (Rs. ‘crores’) 13.84 9.42 46.92
Net Claim (Rs. ‘crores’) 3.58 2.3 55.65
Total Outstanding Claim (Rs. ‘crores’) 23.94 10.49 128.22
Net Profit  (Rs. ‘crores’) 5.81 2.89 101.04
Management Expenses (Rs. ‘crores’) 8.36 6.73 24.22
Number Of Policies          57,824 31,872 81.43
Earnings Per Share (Rs.) 7.8
Networth Per Share (Rs.) 117.06
Market Price Per Share (Rs.) [Chaitra end, 2077 BS] 797
P/E Ratio 30.18


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.

If you want to see the reports of other companies, Click Here.


Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!