ALIFE Adamjee Life Assurance Company Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 29.81 0.00%
Annual · FY2018 – FY2025
Adamjee Life Assurance Company Limited (ALIFE) income statement
Adamjee Life Assurance Company Limited reported total income of Rs 47.9 bn for FY2025 (Jan – Dec 2025), up 4.1% on FY2024. Tax of Rs 830.5 mn took 38.7% of pre-tax profit. Profit attributable to shareholders was Rs 1.3 bn, down 15.4% on FY2024, or Rs 5.01 per share.
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | |||
|---|---|---|---|---|---|---|---|---|
| Net premium earned | 35.4 | 30.3 | 22.7 | 20.3 | 20.1 | |||
| Investment income (net) | 12.0 | 15.0 | 11.9 | 5.9 | 3.1 | |||
| Total income | 47.9 | 46.0 | 35.4 | 27.0 | 23.7 | |||
| Net claims & benefits | (32.9) | (24.8) | (19.4) | (14.6) | (9.5) | |||
| Acquisition & underwriting expenses | (3.8) | (3.4) | (3.2) | (2.8) | (3.1) | |||
| Profit before tax | 2.1 | 2.5 | 1.5 | 0.8 | 0.2 | |||
| Taxation | (0.8) | (1.0) | (0.6) | (0.3) | (0.1) | |||
| Profit after tax | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 | |||
| Profit attributable to shareholders | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 | |||
| Per share | ||||||||
| EPS – basic (Rs) Rs | 5.01 | 5.92 | 3.46 | 1.90 | 0.66 | |||
| Dividend per share (Rs) Rs | 2.50 | 1.90 | 1.90 | 0.00 | 0.00 | |||
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | |||
|---|---|---|---|---|---|---|---|---|
| Net premium earned | +17.0% | +33.5% | +11.7% | +0.9% | +21.7% | |||
| Investment income (net) | -20.2% | +26.8% | +100.1% | +88.9% | +21.2% | |||
| Total income | +4.1% | +29.9% | +31.4% | +14.0% | +21.6% | |||
| Net claims & benefits | +33.0% | +27.4% | +33.2% | +52.9% | +28.0% | |||
| Acquisition & underwriting expenses | +11.6% | +8.2% | +11.7% | -9.5% | +16.6% | |||
| Profit before tax | -15.4% | +64.6% | +90.2% | +250.5% | -25.5% | |||
| Taxation | -15.4% | +55.1% | +102.5% | +444.6% | -51.8% | |||
| Profit after tax | -15.4% | +71.2% | +82.5% | +186.4% | -9.0% | |||
| Profit attributable to shareholders | -15.4% | +71.2% | +82.5% | +186.4% | -9.0% | |||
| Per share | ||||||||
| EPS – basic (Rs) | -15.4% | +71.2% | +82.5% | +186.4% | -9.0% | |||
| Dividend per share (Rs) | +31.3% | 0.0% | — | — | — | |||
Change against the previous fiscal year; shown when the earlier figure is positive.
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 |
|---|---|---|---|---|---|
| Net premium earned | 73.9% | 65.8% | 64.0% | 75.3% | 85.1% |
| Investment income (net) | 25.0% | 32.6% | 33.5% | 22.0% | 13.3% |
| Total income | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Net claims & benefits | (68.7%) | (53.8%) | (54.9%) | (54.1%) | (40.3%) |
| Acquisition & underwriting expenses | (8.0%) | (7.5%) | (9.0%) | (10.5%) | (13.3%) |
| Profit before tax | 4.5% | 5.5% | 4.4% | 3.0% | 1.0% |
| Taxation | (1.7%) | (2.1%) | (1.8%) | (1.2%) | (0.2%) |
| Profit after tax | 2.7% | 3.4% | 2.6% | 1.8% | 0.7% |
| Profit attributable to shareholders | 2.7% | 3.4% | 2.6% | 1.8% | 0.7% |
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. Updated 16 Oct 2026.
All reported line items 110
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 |
|---|---|---|---|---|---|
| Net Premiums Earned | 35.4 | 30.3 | 22.7 | 20.3 | 20.1 |
| Premiums Written - Gross | 36.4 | 31.0 | 23.4 | 20.9 | 20.7 |
| Premiums Ceded Out & Unearned - Reinsurance | 1.0 | 0.7 | 0.7 | 0.6 | 0.5 |
| Premiums Ceded Out to Reinsurance - Written | 1.0 | 0.7 | 0.7 | 0.6 | 0.5 |
| Fees & Commissions Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Investment Income/(Expense) - Net - Insurance | 12.0 | 15.0 | 11.9 | 5.9 | 3.1 |
| Investment Income - Gross - Insurance - Total | — | — | — | — | — |
| Investment Expense - Insurance - Total | — | — | — | — | — |
| Revenue from Business-Related Activities - Other - Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Business-Related Financing Revenue - Other | 0.5 | 0.7 | 0.9 | 0.7 | 0.4 |
| Revenue from Business Activities - Total | 47.9 | 46.0 | 35.4 | 27.0 | 23.7 |
| Insurance Claims/Reserves - Total | 32.9 | 24.8 | 19.4 | 14.6 | 9.5 |
| Insurance Benefits Paid - Current | 32.9 | 24.8 | 19.4 | 14.6 | 9.5 |
| Selling, General & Administrative Expenses - Total | 1.6 | 1.3 | 1.1 | 1.2 | 1.3 |
| Selling, General & Administrative Expenses - Unclassified | 1.5 | 1.3 | 1.0 | 1.1 | 1.2 |
| Depreciation in Selling, General & Administrative Expenses | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Amortization of Intangibles in Selling, General & Administrative Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Underwriting Expenses | 3.8 | 3.4 | 3.2 | 2.8 | 3.1 |
| Policy Acquisition Costs - Total | 3.8 | 3.4 | 3.2 | 2.8 | 3.1 |
| Other Operating Expense/(Income) - Net | 15.9 | 25.0 | 15.5 | 4.6 | 9.1 |
| Other Operating Income - Total | 0.8 | 0.4 | 0.4 | 0.4 | 0.4 |
| Operating Expenses - Total | 54.2 | 54.5 | 39.2 | 23.2 | 23.0 |
| Selling, General & Administrative Expenses - Other - Total | — | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating Profit before Non-Recurring Income/(Expense) | (6.3) | (8.5) | (3.8) | 3.7 | 0.7 |
| Other Operating Expense | 16.7 | 25.4 | 15.9 | 5.0 | 9.5 |
| Interest Expense - Net of Capitalized Interest | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 |
| Normalized Pre-tax Profit | (6.4) | (8.5) | (3.8) | 3.7 | 0.6 |
| Non-Recurring Income/Expense - Total | 8.5 | 11.0 | 5.3 | (2.9) | (0.4) |
| Impairment - Tangible & Intangible Fixed Assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Impairment - Fixed Assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Fair Value Adjustments - Investment Property | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 |
| Fair Value Adjustments - Financial Investments | 8.5 | 10.9 | 5.2 | (2.9) | (0.5) |
| Provision for Income Tax Expense- Unclassified | 0.8 | 1.0 | 0.6 | 0.3 | 0.1 |
| Income before Taxes | 2.1 | 2.5 | 1.5 | 0.8 | 0.2 |
| Income Taxes | 0.8 | 1.0 | 0.6 | 0.3 | 0.1 |
| Net Income after Tax | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| Income before Discontinued Operations & Extraordinary Items | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| Net Income before Minority Interest | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| Net Income after Minority Interest | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| Income Available to Common Shares | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| DPS - Common - Gross - Issue - By Period End Date Rs | 2.50 | 1.90 | 1.90 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| Income available to Common excluding Extraordinary Items | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| Shares used to calculate Basic EPS - Total mn | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 5.01 | 5.92 | 3.46 | 1.90 | 0.66 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 5.01 | 5.92 | 3.46 | 1.90 | 0.66 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | (27.41) | (36.05) | (16.81) | 13.02 | 2.18 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| Earnings Allocation Factor - Basic - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 5.01 | 5.92 | 3.46 | 1.90 | 0.66 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 5.01 | 5.92 | 3.46 | 1.90 | 0.66 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | (27.41) | (36.05) | (16.81) | 13.02 | 2.18 |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| Diluted Income available to Common excluding Extraordinary Items | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| Shares used to calculate Diluted EPS - Total mn | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 5.01 | 5.92 | 3.46 | 1.90 | 0.66 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 5.01 | 5.92 | 3.46 | 1.90 | 0.66 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | (27.41) | (36.05) | (16.81) | 13.02 | 2.18 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| Earnings Allocation Factor - Diluted - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 262.5 | 262.5 | 262.5 | 262.5 | 262.5 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 5.01 | 5.92 | 3.46 | 1.90 | 0.66 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 5.01 | 5.92 | 3.46 | 1.90 | 0.66 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | (27.41) | (36.05) | (16.81) | 13.02 | 2.18 |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 1.95 | 1.90 | 0.95 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 1.76 | 1.71 | 0.86 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | (6.3) | (8.5) | (3.8) | 3.7 | 0.7 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | (6.1) | (8.3) | (3.6) | 3.9 | 0.8 |
| Depreciation & Amortization - Supplemental | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 |
| Depreciation Expense - Total - Supplemental | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
| Amortization - Total - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Intangible Amortization - Other - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Amortization of Computer Software - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Depreciation, Depletion & Amortization - Total | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 |
| Depreciation - Total | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 |
| Amortization of Intangible Assets excluding Goodwill - Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Normalized after Tax Profit | (7.2) | (9.5) | (4.4) | 3.4 | 0.6 |
| Normalized Net Income from Continuing Operations | (7.2) | (9.5) | (4.4) | 3.4 | 0.6 |
| Normalized Net Income - Bottom Line | (7.2) | (9.5) | (4.4) | 3.4 | 0.6 |
| Earnings before Interest & Taxes (EBIT) - Normalized | (6.3) | (8.5) | (3.8) | 3.7 | 0.7 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | (6.1) | (8.3) | (3.6) | 3.9 | 0.8 |
| Depreciation of Financial Lease Right-of-Use Assets | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
| Interest Expense on Financial Lease Liabilities - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Investment Income - Insurance | 12.0 | 15.0 | 11.9 | 5.9 | 3.1 |
| Losses, Benefits & Adjustments - Insurance | 32.9 | 24.8 | 19.4 | 14.6 | 9.5 |
| Operating Expenses | 54.2 | 54.5 | 39.2 | 23.2 | 23.0 |
| Premiums Ceded Out & Unearned - Total | 1.0 | 0.7 | 0.7 | 0.6 | 0.5 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 1.6 | 1.3 | 1.1 | 1.2 | 1.3 |
| Total Claim & Loss Expense | 32.9 | 24.8 | 19.4 | 14.6 | 9.5 |
| Underwriting & Commissions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Underwriting Expenses - Insurance | 21.3 | 29.7 | 19.8 | 8.6 | 13.5 |
| Income before Taxes & Provision for Loan Losses | 2.1 | 2.5 | 1.5 | 0.8 | 0.2 |
| DPS - Common - Gross - Issue - By Payable Date Rs | 1.95 | 1.90 | 0.95 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 1.95 | 1.90 | 0.95 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | 1.3 | 1.6 | 0.9 | 0.5 | 0.2 |
| Underwriting Expenses minus Losses, Benefits & Adjustments - Insurance | (11.6) | 5.0 | 0.3 | (6.0) | 3.9 |
| Operating Expenses excluding Non-Cash Charges - Total | 54.0 | 54.3 | 39.1 | 23.1 | 22.9 |
| Premiums Earned - Total | 35.4 | 30.3 | 22.7 | 20.3 | 20.1 |
| Losses, Benefits & Adjustments - Total | 32.9 | 24.8 | 19.4 | 14.6 | 9.5 |
| Income Available to Common Shares before Depreciation & Amortization | 1.6 | 1.7 | 1.0 | 0.6 | 0.3 |
| Fixed Charges | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Premiums Written | 35.4 | 30.3 | 22.7 | 20.3 | 20.1 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 1.95 | 1.90 | 0.95 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.