Last close · 31 Aug 2015
Rs 6.34 -1.40%
Financials
Silver Star Insurance Company Limited (SSIC) financials
16 years of annual results (FY1998 – FY2013).
Silver Star Insurance Company Limited (SSIC) reported total income of Rs 254.1 mn for FY2013 (Jan – Dec 2013), up 14.2% from FY2012.
Profit attributable to shareholders was Rs 1.4 mn (EPS Rs 0.05), down 96.5%.
No cash dividend was declared for FY2013.
Return on equity was 0.3%.
Over the last five years total income grew at a compound 10.8% a year.
At Rs 6.34 (close on 31 Aug 2015) the shares trade at 134.2× earnings (FY2013) and 0.35× book value.
Fundamentals
SSIC at a glance
Net premium earned · FY2013
Rs 229.7 mn
▲ 4.4% year on year
Profit attributable to shareholders · FY2013
Rs 1.4 mn
▼ 96.5% year on year
EPS – basic (Rs) · FY2013
Rs 0.05
▼ 96.5% year on year
Dividend per share (Rs) · FY2013
Rs 0.00
Investments · FY2013
Rs 72.9 mn
▼ 23.9% year on year
Return on equity (ROE) · FY2013
0.3%
-7.7 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Total income · FY2013
- Rs 254.1 mn
- Profit attributable · FY2013
- Rs 1.4 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2013
- Rs 1.2 bn
- Equity · FY2013
- Rs 546.2 mn
Financial highlights
SSIC financial results
| Rs mn | FY2013 * Jan – Dec 2013 | FY2012 Jan – Dec 2012 | FY2011 Jan – Dec 2011 | FY2010 Jan – Dec 2010 | FY2009 Jan – Dec 2009 | FY2008 Jan – Dec 2008 | FY2007 Jan – Dec 2007 | FY2006 Jan – Dec 2006 | FY2005 Jan – Dec 2005 | FY2004 Jan – Dec 2004 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net premium earned | 229.7 | 220.0 | 188.4 | 154.1 | 147.9 | 139.7 | 120.0 | 86.3 | 42.0 | 19.4 |
| Investment income (net) | 23.8 | 2.0 | 3.5 | 9.0 | (5.4) | 12.1 | 13.2 | 13.2 | 2.7 | 1.4 |
| Net claims & benefits | (90.7) | (25.4) | (34.0) | (40.9) | (28.5) | (16.0) | (25.5) | (20.3) | (6.9) | (4.4) |
| Profit before tax | 11.3 | 47.2 | 48.1 | 38.7 | 38.7 | 82.3 | 77.8 | 54.0 | 27.7 | 7.3 |
| Profit attributable to shareholders | 1.4 | 41.5 | 48.5 | 41.2 | 37.9 | 74.8 | 75.6 | 53.5 | 27.4 | 7.1 |
| EPS – basic (Rs) Rs | 0.05 | 1.36 | 1.59 | 1.63 | 1.80 | 3.54 | 3.34 | 2.19 | 1.12 | 0.29 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 72.9 | 95.8 | 80.7 | 43.0 | 39.5 | 46.0 | 37.9 | 31.9 | 19.7 | 11.8 |
| Total assets | 1,154.0 | 897.0 | 849.0 | 746.4 | 584.1 | 536.2 | 439.6 | 332.3 | 282.3 | 197.8 |
| Total equity | 546.2 | 543.7 | 501.9 | 453.4 | 392.1 | 358.0 | 283.3 | 213.0 | 165.7 | 112.6 |
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 FY2013 figures do not fully reconcile in the source data. Updated 15 Oct 2026.