Last close · 16 Oct 2026
Rs 26.20 +4.63%
Annual · FY2016 – FY2025
The Pakistan General Insurance Co. Ltd. (PKGI) income statement
The Pakistan General Insurance Co. Ltd. reported total income of Rs 149.1 mn for FY2025 (Jan – Dec 2025), up 648.0% on FY2024. Tax of -Rs 1.8 mn took -6.9% of pre-tax profit. Profit attributable to shareholders was Rs 28.4 mn, down 10.8% on FY2024, or Rs 0.57 per share.
| 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 | 135.4 | 7.5 | 0.0 | 0.0 | 0.0 | |||||
| Investment income (net) | 7.1 | 5.8 | 4.7 | 3.2 | 3.6 | |||||
| Total income | 149.1 | 19.9 | 6.4 | 8.1 | 68.7 | |||||
| Net claims & benefits | (15.9) | (2.9) | — | 0.0 | 0.0 | |||||
| Profit before tax | 26.6 | 31.4 | 67.8 | (29.7) | 5.0 | |||||
| Taxation | 1.8 | 0.4 | 2.7 | 0.9 | 8.1 | |||||
| Profit after tax | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 | |||||
| Profit attributable to shareholders | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 | |||||
| Per share | ||||||||||
| EPS – basic (Rs) Rs | 0.57 | 0.64 | 1.52 | (0.62) | 0.28 | |||||
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 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 | +1,695.6% | — | — | — | — | |||||
| Investment income (net) | +22.5% | +22.2% | +49.5% | -12.4% | -26.4% | |||||
| Total income | +648.0% | +212.5% | -20.8% | -88.3% | +430.5% | |||||
| Net claims & benefits | +439.2% | — | — | — | — | |||||
| Profit before tax | -15.4% | -53.7% | — | -691.9% | — | |||||
| Taxation | — | — | — | — | — | |||||
| Profit after tax | -10.8% | -54.9% | — | -320.0% | — | |||||
| Profit attributable to shareholders | -10.8% | -54.9% | — | -320.0% | — | |||||
| Per share | ||||||||||
| EPS – basic (Rs) | -10.8% | -58.1% | — | -320.0% | — | |||||
| Dividend per share (Rs) | — | — | — | — | — | |||||
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 | 90.8% | 37.8% | 0.0% | 0.0% | 0.0% |
| Investment income (net) | 4.8% | 29.0% | 74.2% | 39.3% | 5.3% |
| Total income | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Net claims & benefits | (10.7%) | (14.8%) | — | 0.0% | 0.0% |
| Profit before tax | 17.8% | 157.5% | 1,063.0% | (368.7%) | 7.3% |
| Taxation | 1.2% | 2.1% | 41.9% | 11.2% | 11.8% |
| Profit after tax | 19.0% | 159.6% | 1,104.9% | (357.4%) | 19.1% |
| Profit attributable to shareholders | 19.0% | 159.6% | 1,104.9% | (357.4%) | 19.1% |
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 15 Oct 2026.
All reported line items 95
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 |
|---|---|---|---|---|---|
| Net Premiums Earned | 135.4 | 7.5 | 0.0 | 0.0 | 0.0 |
| Fees & Commissions Income | 4.3 | 3.4 | 1.6 | 2.6 | 2.0 |
| Fees & Commissions Expense | 36.1 | 2.8 | — | — | — |
| Investment Income/(Expense) - Net - Insurance | 7.1 | 5.8 | 4.7 | 3.2 | 3.6 |
| Investment Income - Gross - Insurance - Total | 7.1 | 5.8 | 4.7 | 3.2 | 3.6 |
| Revenue from Business-Related Activities - Other - Total | 6.6 | 6.6 | 1.6 | 4.9 | 65.0 |
| Revenue from Business Activities - Total | 149.1 | 19.9 | 6.4 | 8.1 | 68.7 |
| Insurance Claims/Reserves - Total | 15.9 | 2.9 | — | 0.0 | 0.0 |
| Insurance Benefits Paid - Current | 15.9 | 2.9 | — | 0.0 | 0.0 |
| Selling, General & Administrative Expenses - Total | 70.0 | 29.9 | 56.5 | 37.3 | 35.5 |
| Selling, General & Administrative Expenses - Unclassified | 31.9 | 8.7 | 8.8 | 9.7 | — |
| Depreciation in Selling, General & Administrative Expenses | 4.0 | 2.8 | 6.0 | 6.6 | — |
| Amortization of Intangibles in Selling, General & Administrative Expenses | 0.4 | — | — | — | — |
| Other Operating Expense/(Income) - Net | — | — | — | — | 28.1 |
| Other Operating Income - Total | — | — | — | — | — |
| Operating Expenses - Total | 122.0 | 35.7 | 56.5 | 37.3 | 63.6 |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | 33.6 | 18.4 | 41.6 | 21.0 | 35.5 |
| Operating Profit before Non-Recurring Income/(Expense) | 27.1 | (15.8) | (50.1) | (29.2) | 5.1 |
| Other Operating Expense | — | — | — | — | 28.1 |
| Interest Expense - Net of Capitalized Interest | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | 1.3 | 0.0 | 0.1 | 1.9 | — |
| Other Non-Operating Income/(Expense) - Total | (1.7) | (0.1) | — | — | — |
| Normalized Pre-tax Profit | 26.6 | (16.0) | (50.0) | (27.4) | 5.0 |
| Non-Recurring Income/Expense - Total | 0.0 | 47.4 | 117.8 | (2.3) | — |
| Fair Value Adjustments - Investment Property | 0.0 | 47.4 | 117.8 | (2.3) | — |
| Provision for Income Tax Expense- Unclassified | (1.8) | (0.4) | (2.7) | (0.9) | (8.1) |
| Income before Taxes | 26.6 | 31.4 | 67.8 | (29.7) | 5.0 |
| Income Taxes | (1.8) | (0.4) | (2.7) | (0.9) | (8.1) |
| Net Income after Tax | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 |
| Income before Discontinued Operations & Extraordinary Items | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 |
| Net Income before Minority Interest | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 |
| Net Income after Minority Interest | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 |
| Income Available to Common Shares | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 |
| DPS - Common - Gross - Issue - By Period End Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 |
| Income available to Common excluding Extraordinary Items | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 |
| Shares used to calculate Basic EPS - Total mn | 50.0 | 50.0 | 46.4 | 46.4 | 46.4 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 0.57 | 0.64 | 1.52 | (0.62) | 0.28 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 0.57 | 0.64 | 1.52 | (0.62) | 0.28 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 0.57 | (0.31) | (1.02) | (0.57) | 0.28 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 |
| 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 | 50.0 | 50.0 | 46.4 | 46.4 | 46.4 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 0.57 | 0.64 | 1.52 | (0.62) | 0.28 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 0.57 | 0.64 | 1.52 | (0.62) | 0.28 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 0.57 | (0.31) | (1.02) | (0.57) | 0.28 |
| 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 | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 |
| Diluted Income available to Common excluding Extraordinary Items | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 |
| Shares used to calculate Diluted EPS - Total mn | 50.0 | 50.0 | 46.4 | 46.4 | 46.4 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 0.57 | 0.64 | 1.52 | (0.62) | 0.28 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 0.57 | 0.64 | 1.52 | (0.62) | 0.28 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 0.57 | (0.31) | (1.02) | (0.57) | 0.28 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 28.4 | 31.8 | 70.5 | (28.8) | 13.1 |
| 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 | 50.0 | 50.0 | 46.4 | 46.4 | 46.4 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 0.57 | 0.64 | 1.52 | (0.62) | 0.28 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 0.57 | 0.64 | 1.52 | (0.62) | 0.28 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 0.57 | (0.31) | (1.02) | (0.57) | 0.28 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 27.1 | (15.8) | (50.1) | (29.2) | 5.1 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 31.5 | (13.0) | (44.1) | (22.7) | 5.1 |
| Depreciation & Amortization - Supplemental | 4.4 | 2.8 | 6.0 | 6.6 | — |
| Depreciation Expense - Total - Supplemental | 4.0 | 2.8 | 6.0 | 6.6 | — |
| Amortization - Total - Supplemental | 0.4 | — | — | — | — |
| Intangible Amortization - Other - Supplemental | 0.4 | — | — | — | — |
| Depreciation, Depletion & Amortization - Total | 4.4 | 2.8 | 6.0 | 6.6 | — |
| Depreciation - Total | 4.0 | 2.8 | 6.0 | 6.6 | — |
| Amortization of Intangible Assets excluding Goodwill - Total | 0.4 | — | — | — | — |
| Normalized after Tax Profit | 28.4 | (15.6) | (47.4) | (26.5) | 13.1 |
| Normalized Net Income from Continuing Operations | 28.4 | (15.6) | (47.4) | (26.5) | 13.1 |
| Normalized Net Income - Bottom Line | 28.4 | (15.6) | (47.4) | (26.5) | 13.1 |
| Earnings before Interest & Taxes (EBIT) - Normalized | 26.7 | (15.9) | (50.0) | (27.4) | 5.1 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 31.1 | (13.0) | (43.9) | (20.8) | — |
| Interest Expense | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 |
| Investment Income - Insurance | 7.1 | 5.8 | 4.7 | 3.2 | 3.6 |
| Losses, Benefits & Adjustments - Insurance | 15.9 | 2.9 | — | 0.0 | 0.0 |
| Operating Expenses | 122.0 | 35.7 | 56.5 | 37.3 | 63.6 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 70.0 | 29.9 | 56.5 | 37.3 | 35.5 |
| Total Claim & Loss Expense | 15.9 | 2.9 | — | 0.0 | 0.0 |
| Underwriting Expenses - Insurance | 106.1 | 32.8 | 56.5 | 37.3 | 63.6 |
| Income before Taxes & Provision for Loan Losses | 26.6 | 31.4 | 67.8 | (29.7) | 5.0 |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | 28.5 | 31.9 | 70.5 | — | 13.2 |
| Underwriting Expenses minus Losses, Benefits & Adjustments - Insurance | 90.2 | 29.8 | — | 37.3 | 63.6 |
| Operating Expenses excluding Non-Cash Charges - Total | 117.6 | 32.9 | 50.4 | 30.7 | — |
| Premiums Earned - Total | 142.0 | 14.1 | 1.6 | 4.9 | 65.0 |
| Losses, Benefits & Adjustments - Total | 15.9 | 2.9 | — | 0.0 | 0.0 |
| Income Available to Common Shares before Depreciation & Amortization | 32.8 | 34.6 | 76.5 | (22.2) | — |
| Fixed Charges | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.