AICL Adamjee Insurance Company Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 94.32 +0.68%
Financials
Adamjee Insurance Company Limited (AICL) financials
20 years of annual results (FY2006 – FY2025), 80 quarters.
Adamjee Insurance Company Limited (AICL) reported total income of Rs 93.8 bn for FY2025 (Jan – Dec 2025), up 20.3% from FY2024.
Profit attributable to shareholders was Rs 5.6 bn (EPS Rs 15.93), up 16.2%.
It declared a dividend of Rs 4.00 per share for FY2025 and has paid a dividend in each of the last 20 years.
Return on equity was 12.0%.
Over the last five years total income grew at a compound 22.0% a year.
At Rs 94.32 (close on 16 Oct 2026) the shares trade at 5.7× earnings (TTM to Jun 2026) and 0.61× book value, with a dividend yield of 4.2%.
Fundamentals
AICL at a glance
Net premium earned · FY2025
Rs 74.9 bn
▲ 30.9% year on year
Profit attributable to shareholders · FY2025
Rs 5.6 bn
▲ 16.2% year on year
EPS – basic (Rs) · FY2025
Rs 15.93
▲ 16.2% year on year
Dividend per share (Rs) · FY2025
Rs 4.00
▲ 33.3% year on year
Investments · FY2025
Rs 198.1 bn
▲ 23.0% year on year
Return on equity (ROE) · FY2025
12.0%
-1.1 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Total income · FY2025
- Rs 93.8 bn
- Profit attributable · FY2025
- Rs 5.6 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 264.7 bn
- Equity · FY2025
- Rs 50.9 bn
Financial highlights
AICL financial results
| Rs bn | FY2025 * Jan – Dec 2025 | FY2024 * Jan – Dec 2024 | FY2023 * Jan – Dec 2023 | FY2022 * Jan – Dec 2022 | FY2021 * Jan – Dec 2021 | FY2020 * Jan – Dec 2020 | FY2019 * Jan – Dec 2019 | FY2018 * Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net premium earned | 74.9 | 57.2 | 42.0 | 37.3 | 32.7 | 29.8 | 27.8 | 26.5 | 24.8 | 20.5 |
| Investment income (net) | 17.6 | 20.5 | 16.9 | 8.8 | 6.4 | 4.8 | 4.5 | 3.4 | 2.7 | 5.8 |
| Net claims & benefits | (74.9) | (67.3) | (48.5) | (30.5) | (25.8) | (24.8) | (21.7) | (18.4) | (17.6) | (17.1) |
| Profit before tax | 9.8 | 8.6 | 5.0 | 3.3 | 4.3 | 2.2 | 2.8 | 2.2 | 1.9 | 4.1 |
| Profit attributable to shareholders | 5.6 | 4.8 | 2.6 | 2.3 | 2.9 | 2.1 | 2.0 | 1.3 | 1.1 | 3.5 |
| EPS – basic (Rs) Rs | 15.93 | 13.71 | 7.50 | 6.69 | 8.41 | 5.93 | 5.63 | 3.66 | 3.13 | 9.98 |
| Dividend per share (Rs) Rs | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.50 | 2.50 | 2.50 | 2.50 | 4.00 |
| Investments | 198.1 | 161.0 | 114.4 | 87.3 | 79.4 | 65.3 | 57.6 | 53.1 | 50.5 | 30.7 |
| Total assets | 264.7 | 224.7 | 175.1 | 139.7 | 120.3 | 99.1 | 89.0 | 81.0 | 76.2 | 61.4 |
| Total equity | 51.8 | 42.6 | 31.8 | 25.6 | 25.6 | 22.6 | 22.0 | 20.1 | 20.7 | 16.7 |
| Rs bn | TTM to Jun 2026 | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Net premium earned | 81.7 | 19.8 | 20.0 | 22.3 | 19.5 | 15.5 | 17.5 | 19.2 | 14.4 |
| Investment income (net) | 16.3 | 3.9 | 4.1 | 4.2 | 4.1 | 4.4 | 4.2 | 4.4 | 4.8 |
| Net claims & benefits | (76.8) | (20.4) | (14.0) | (20.4) | (22.0) | (16.5) | (15.9) | (23.8) | (16.8) |
| Profit before tax | 9.7 | 2.7 | 2.0 | 2.2 | 2.8 | 2.3 | 2.6 | 2.4 | 2.3 |
| Profit attributable to shareholders | 5.8 | 1.8 | 1.1 | 1.2 | 1.7 | 1.2 | 1.5 | 1.4 | 1.3 |
| EPS – basic (Rs) Rs | 16.52 | 5.24 | 3.01 | 3.48 | 4.79 | 3.44 | 4.21 | 3.86 | 3.68 |
| Dividend per share (Rs) Rs | 5.00 | 3.00 | 0.00 | 2.00 | 0.00 | 2.00 | 0.00 | 1.50 | 0.00 |
| Investments | 195.0 | 195.0 | 194.6 | 198.1 | 189.3 | 174.0 | 170.7 | 161.0 | 139.6 |
| Total assets | 275.0 | 275.0 | 263.8 | 264.7 | 258.1 | 238.6 | 227.6 | 224.7 | 208.0 |
| Total equity | 55.1 | 55.1 | 51.2 | 51.8 | 49.5 | 46.5 | 44.0 | 42.6 | 37.8 |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. * Some FY2025 figures do not fully reconcile in the source data. Updated 16 Oct 2026.