Shikhar Insurance Posts Rs 13.48 Crores In Net Profit [Q1 Report]
November 16, 2022 | Investopaper
Shikhar Insurance Company Limited (SICL) has reported a net profit of Rs 13.48 crores until the first quarter of the fiscal year 2079/80. The profit has increased slightly as compared to the profit of the corresponding period of the previous year. Last year, the insurance earned Rs 13.36 crores in profit until the first quarter.
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Shikhar Insurance’s Performance In FY 2078/79
Dividend History Of Shikhar Insurance Company Limited (SICL)
The table below presents the performance of Shikhar Insurance as compared to the same period of the previous year.
Shikhar Insurance (SICL): Q1 Report Summary, FY 2079/80
| Financial Indicators | Q1, F.Y. 2079/80 | Q1, F.Y. 2078/79 | Percent Change |
| Paid-up Capital (Rs. ‘crores’) | 228.6 | 175.85 | 30.00 |
| Reserve & Surplus (Rs. ‘crores’) | 75.71 | 63.88 | 18.52 |
| Insurance Fund (Rs. ‘crores’) | 147.9 | 136.2 | 8.59 |
| Total Investments & Loans (Rs. ‘crores’) | 414.14 | 341.24 | 21.36 |
| Total Premium (Rs. ‘crores’) | 102 | 100.32 | 1.67 |
| Net Premium (Rs. ‘crores’) | 45.18 | 44.5 | 1.53 |
| Net Claim (Rs. ‘crores’) | 18.87 | 15.72 | 20.04 |
| Total Outstanding Claim (Rs. ‘crores’) | 261.01 | 214.97 | 21.42 |
| Net Profit (Rs. ‘crores’) | 13.48 | 13.36 | 0.90 |
| Management Expenses (Rs. ‘crores’) | 11.41 | 9.31 | 22.56 |
| Number Of Policies | 61,585 | 76,097 | -19.07 |
| Earnings Per Share (Rs.) | 23.6 | ||
| Networth Per Share (Rs.) | 210.59 | ||
| Market Price Per Share (Rs.) [Ashwin end, 2079 BS] | 703 | ||
| P/E Ratio | 29.79 |
Source: Unaudited Q1 Report, FY 2079/80
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.
The share price, as well as the P/E ratio, is based on the data of Ashwin’s end, 2079 BS. At current, the numbers may vary.
The total investment includes long-term investment and short-term investment.
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