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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%

Quarterly · Q3 FY2021 – Q2 FY2026

Adamjee Insurance Company Limited (AICL) quarterly income statement

Adamjee Insurance Company Limited reported total income of Rs 23.7 bn for Q2 FY2026 (Apr – Jun 2026), up 17.7% on Q2 FY2025. Tax of Rs 823.0 mn took 30.4% of pre-tax profit. Profit attributable to shareholders was Rs 1.8 bn, up 52.4% on Q2 FY2025, or Rs 5.24 per share.

AICL income statement (quarterly) (Rs bn)
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
Total income 98.8 23.7 24.4 26.7 24.1 20.1 21.9 23.8 19.3
Net claims & benefits (76.8) (20.4) (14.0) (20.4) (22.0) (16.5) (15.9) (23.8) (16.8)
Acquisition & underwriting expenses (11.8) (3.0) (2.9) (3.2) (2.7) (2.1) (2.2) (2.4) (1.8)
Profit before tax 9.7 2.7 2.0 2.2 2.8 2.3 2.6 2.4 2.3
Taxation (3.7) (0.8) (1.0) (0.9) (1.1) (1.0) (1.1) (1.0) (1.0)
Profit after tax 6.0 1.9 1.1 1.3 1.7 1.3 1.5 1.4 1.3
Profit attributable to shareholders 5.8 1.8 1.1 1.2 1.7 1.2 1.5 1.4 1.3
Per share
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
AICL income statement — year-on-year change (Rs mn)
Rs mn 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 +27.2% +14.2% +16.3% +35.3% +34.3% +45.8% +78.2% +35.1%
Investment income (net) -11.7% -2.2% -6.4% -13.8% -26.0% -12.5% +1.4% -2.1%
Total income +17.7% +11.0% +12.2% +25.1% +14.8% +30.1% +56.6% +23.4%
Net claims & benefits +23.1% -12.3% -14.4% +31.5% +15.8% +28.2% +47.6% +41.9%
Acquisition & underwriting expenses +42.6% +32.5% +36.1% +48.6% +26.3% +39.7% +30.6% +41.8%
Profit before tax +18.8% -20.2% -9.1% +20.6% +14.8% +35.1% +121.8% +8.9%
Taxation -20.2% -9.8% -11.2% +7.7% +27.5% +26.6% +88.5% +10.2%
Profit after tax +50.9% -27.6% -7.5% +30.2% +6.2% +42.1% +153.7% +7.9%
Profit attributable to shareholders +52.4% -28.6% -9.7% +30.4% +5.2% +45.1% +156.0% +6.3%
Per share
EPS – basic (Rs) +52.4% -28.6% -9.7% +30.1% +5.2% +45.1% +155.9% +6.5%
Dividend per share (Rs) +50.0% — +33.3% — +33.3% — 0.0% —

Change against the same quarter a year earlier; shown when the earlier figure is positive.

AICL income statement — common size (Rs mn)
Rs mn 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 83.5% 82.3% 83.7% 81.0% 77.2% 79.9% 80.7% 74.9%
Investment income (net) 16.4% 16.9% 15.6% 17.2% 21.8% 19.2% 18.7% 24.9%
Total income 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Net claims & benefits (86.0%) (57.4%) (76.6%) (91.4%) (82.2%) (72.6%) (100.3%) (87.0%)
Acquisition & underwriting expenses (12.8%) (11.9%) (12.0%) (11.3%) (10.5%) (10.0%) (9.9%) (9.5%)
Profit before tax 11.4% 8.4% 8.1% 11.7% 11.3% 11.6% 10.0% 12.1%
Taxation (3.5%) (3.9%) (3.3%) (4.5%) (5.1%) (4.9%) (4.2%) (5.2%)
Profit after tax 8.0% 4.4% 4.8% 7.2% 6.2% 6.8% 5.9% 6.9%
Profit attributable to shareholders 7.7% 4.3% 4.6% 6.9% 6.0% 6.7% 5.7% 6.7%

Each line as a percentage of total income.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. Updated 16 Oct 2026.

All reported line items 109
AICL income statement — all reported line items (Rs bn)
Rs bn 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 Premiums Earned 19.8 20.0 22.3 19.5 15.5 17.5 19.2 14.4
Fees & Commissions Income 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Investment Income/(Expense) - Net - Insurance 3.9 4.1 4.2 4.1 4.4 4.2 4.4 4.8
Investments & Loans - Business - Gain/(Loss) 0.0 0.2 0.2 0.4 0.2 0.2 0.1 0.0
Investment Income - Gross - Insurance - Total 3.9 4.1 4.2 4.1 4.4 4.2 4.4 4.8
Investment Securities - Business - Gain/(Loss) 0.0 0.2 0.2 0.4 0.2 0.2 0.1 0.0
Revenue from Business-Related Activities - Other - Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Revenue from Business Activities - Total 23.7 24.4 26.7 24.1 20.1 21.9 23.8 19.3
Insurance Claims/Reserves - Total 20.4 14.0 20.4 22.0 16.5 15.9 23.8 16.8
Insurance Benefits Paid - Current 20.4 14.0 20.4 22.0 16.5 15.9 23.8 16.8
Selling, General & Administrative Expenses - Total 2.2 2.1 2.3 2.0 1.9 1.8 1.8 1.6
Underwriting Expenses 3.0 2.9 3.2 2.7 2.1 2.2 2.4 1.8
Policy Acquisition Costs - Total 3.0 2.9 3.2 2.7 2.1 2.2 2.4 1.8
Other Operating Expense/(Income) - Net (0.5) (0.3) (0.2) (0.2) (0.2) (0.5) (0.3) (0.4)
Other Operating Income - Total 0.6 0.3 0.3 0.3 0.3 0.6 0.4 0.5
Fee & Commission Expense - Insurance 3.0 2.9 3.2 2.7 2.1 2.2 2.4 1.8
Operating Expenses - Total 25.1 18.7 25.7 26.5 20.4 19.4 27.7 19.8
Operating Profit before Non-Recurring Income/(Expense) (1.4) 5.6 1.0 (2.4) (0.3) 2.5 (4.0) (0.5)
Other Operating Expense 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Interest Expense - Net of Capitalized Interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Normalized Pre-tax Profit (1.4) 5.6 1.0 (2.4) (0.3) 2.5 (4.0) (0.5)
Non-Recurring Income/Expense - Total 4.1 (3.6) 1.2 5.2 2.6 0.1 6.4 2.8
Impairment - Financial Investments — 0.0 0.0 — — (0.2) (0.1) 0.0
Fair Value Adjustments - Investment Property — — 0.3 — — 0.0 0.3 0.0
Fair Value Adjustments - Financial Investments 4.1 (3.6) 0.9 5.2 2.6 (0.2) 5.9 2.8
Provision for Income Tax Expense- Unclassified 0.8 1.0 0.9 1.1 1.0 1.1 1.0 1.0
Income before Taxes 2.7 2.0 2.2 2.8 2.3 2.6 2.4 2.3
Income Taxes 0.8 1.0 0.9 1.1 1.0 1.1 1.0 1.0
Net Income after Tax 1.9 1.1 1.3 1.7 1.3 1.5 1.4 1.3
Income before Discontinued Operations & Extraordinary Items 1.9 1.1 1.3 1.7 1.3 1.5 1.4 1.3
Net Income before Minority Interest 1.9 1.1 1.3 1.7 1.3 1.5 1.4 1.3
Minority Interest 0.1 0.0 0.1 0.1 0.0 0.0 0.0 0.0
Net Income after Minority Interest 1.8 1.1 1.2 1.7 1.2 1.5 1.4 1.3
Income Available to Common Shares 1.8 1.1 1.2 1.7 1.2 1.5 1.4 1.3
Other Comprehensive Income - Starting Line 1.9 1.1 1.3 1.7 1.3 1.5 1.4 1.3
Other Comprehensive Income - Foreign Currency (0.0) (0.0) (0.0) (0.0) 0.1 (0.0) 0.0 (0.0)
Other Comprehensive Income - Unrealized Investment Gain/(Loss) 2.8 (1.7) 1.2 2.3 1.4 (0.2) 3.4 0.5
Other Comprehensive Income - Hedging Gain/(Loss) (0.0) 0.0 (0.1) (0.2) (0.1) 0.2 (0.1) 0.0
Other Comprehensive Income - Revaluation of Tangible & Intangible Assets 0.0 (0.0) (0.0) (0.0) 0.0 0.0 0.0 (0.0)
Other Comprehensive Income - Pension Related — — (0.0) — — — (0.0) —
Other Comprehensive Income - Net of Tax - Total 2.8 (1.8) 1.0 2.0 1.4 (0.1) 3.4 0.5
Comprehensive Income before Minority Interest - Total 4.7 (0.7) 2.3 3.8 2.6 1.4 4.8 1.9
Comprehensive Income - Attributable to Minority Interest - Total 0.1 0.0 0.1 0.1 0.0 0.0 0.0 0.0
Comprehensive Income - Attributable to Parent Company Equity Holders - Total 4.6 (0.7) 2.3 3.7 2.6 1.4 4.7 1.8
DPS - Common - Gross - Issue - By Period End Date Rs 3.00 0.00 2.00 0.00 2.00 0.00 1.50 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 1.8 1.1 1.2 1.7 1.2 1.5 1.4 1.3
Income available to Common excluding Extraordinary Items 1.8 1.1 1.2 1.7 1.2 1.5 1.4 1.3
Shares used to calculate Basic EPS - Total mn 350.0 350.0 350.0 350.0 350.0 350.0 350.1 349.3
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 5.24 3.01 3.48 4.79 3.44 4.21 3.86 3.68
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 5.24 3.01 3.48 4.79 3.44 4.21 3.86 3.68
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs (6.44) 13.25 0.08 (10.10) (3.93) 4.06 (14.30) (4.42)
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 1.8 1.1 1.2 1.7 1.2 1.5 1.4 1.3
Earnings Allocation Factor - Basic - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn 350.0 350.0 350.0 350.0 350.0 350.0 350.1 349.3
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 5.24 3.01 3.48 4.79 3.44 4.21 3.86 3.68
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 5.24 3.01 3.48 4.79 3.44 4.21 3.86 3.68
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs (6.44) 13.25 0.08 (10.10) (3.93) 4.06 (14.30) (4.42)
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Basic - Issue Specific Rs 13.25 (2.02) 6.44 10.55 7.39 4.03 13.50 5.19
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 1.8 1.1 1.2 1.7 1.2 1.5 1.4 1.3
Diluted Income available to Common excluding Extraordinary Items 1.8 1.1 1.2 1.7 1.2 1.5 1.4 1.3
Shares used to calculate Diluted EPS - Total mn 350.0 350.0 350.0 350.0 350.0 350.0 350.1 349.3
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 5.24 3.01 3.48 4.79 3.44 4.21 3.86 3.68
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 5.24 3.01 3.48 4.79 3.44 4.21 3.86 3.68
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs (6.44) 13.25 0.08 (10.10) (3.93) 4.06 (14.30) (4.42)
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 1.8 1.1 1.2 1.7 1.2 1.5 1.4 1.3
Earnings Allocation Factor - Diluted - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn 350.0 350.0 350.0 350.0 350.0 350.0 350.1 349.3
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 5.24 3.01 3.48 4.79 3.44 4.21 3.86 3.68
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 5.24 3.01 3.48 4.79 3.44 4.21 3.86 3.68
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs (6.44) 13.25 0.08 (10.10) (3.93) 4.06 (14.30) (4.42)
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Diluted - Issue Specific Rs 13.25 (2.02) 6.44 10.55 7.39 4.03 13.50 5.19
DPS - Common - Gross - Issue - By Announcement Date Rs 0.00 2.00 0.00 2.00 0.00 1.50 0.00 1.50
DPS - Common - Net - Issue - By Announcement Date Rs 0.00 1.80 0.00 1.80 0.00 1.35 0.00 1.35
Earnings before Interest & Taxes (EBIT) (1.4) 5.6 1.0 (2.4) (0.3) 2.5 (4.0) (0.5)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) (1.2) 5.8 1.2 (2.3) (0.2) 2.6 (3.8) (0.5)
Depreciation & Amortization - Supplemental 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0
Depreciation Expense - Total - Supplemental 0.1 0.1 0.1 0.1 0.1 0.0 0.1 0.0
Amortization - Total - Supplemental 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Intangible Amortization - Other - Supplemental 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Depreciation, Depletion & Amortization - Total 0.1 0.1 0.2 0.1 0.1 0.1 0.2 0.0
Depreciation - Total — — 0.2 0.1 0.1 0.0 0.2 0.0
Amortization of Intangible Assets excluding Goodwill - Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Normalized after Tax Profit (2.2) 4.7 0.1 (3.5) (1.3) 1.4 (5.0) (1.5)
Normalized Net Income from Continuing Operations (2.2) 4.7 0.1 (3.5) (1.3) 1.4 (5.0) (1.5)
Normalized Net Income - Bottom Line (2.3) 4.6 0.0 (3.5) (1.4) 1.4 (5.0) (1.5)
Earnings before Interest & Taxes (EBIT) - Normalized (1.4) 5.6 1.0 (2.4) (0.3) 2.5 (4.0) (0.5)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized (1.2) 5.8 1.2 (2.3) (0.2) 2.6 (3.8) (0.5)
Interest Expense 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Investment Income - Insurance 3.9 4.1 4.2 4.1 4.4 4.2 4.4 4.8
Losses, Benefits & Adjustments - Insurance 20.4 14.0 20.4 22.0 16.5 15.9 23.8 16.8
Operating Expenses 25.1 18.7 25.7 26.5 20.4 19.4 27.7 19.8
Selling, General & Administrative Expenses excluding Research & Development Expenses 2.2 2.1 2.3 2.0 1.9 1.8 1.8 1.6
Total Claim & Loss Expense 20.4 14.0 20.4 22.0 16.5 15.9 23.8 16.8
Underwriting & Commissions 3.0 2.9 3.2 2.7 2.1 2.2 2.4 1.8
Underwriting Expenses - Insurance 1.7 1.9 2.1 1.8 1.7 1.3 1.6 1.2
Income before Taxes & Provision for Loan Losses 2.7 2.0 2.2 2.8 2.3 2.6 2.4 2.3
DPS - Common - Gross - Issue - By Payable Date Rs 2.00 0.00 0.00 2.00 1.50 0.00 0.00 1.50
DPS - Common - Gross - Issue - By Ex Date Rs 2.00 0.00 0.00 2.00 1.50 0.00 0.00 1.50
Tax Adjusted Operating Income 1.8 1.1 1.2 1.7 1.2 1.5 1.4 1.3
Underwriting Expenses minus Losses, Benefits & Adjustments - Insurance (18.7) (12.1) (18.3) (20.3) (14.8) (14.6) (22.3) (15.6)
Operating Expenses excluding Non-Cash Charges - Total 24.9 18.6 25.5 26.4 20.3 19.4 27.6 19.8
Premiums Earned - Total 19.8 20.1 22.4 19.6 15.6 17.6 19.2 14.5
Losses, Benefits & Adjustments - Total 23.4 16.9 23.6 24.8 18.7 18.1 26.2 18.6
Income Available to Common Shares before Depreciation & Amortization 2.0 1.2 1.4 1.8 1.3 1.5 1.5 1.3
Fixed Charges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 0.00 2.00 0.00 2.00 0.00 1.50 0.00 1.50

Every line the company reported, in the original order and wording, without regrouping or signs changed.