Last close · 16 Oct 2026
Rs 51.00 -3.23%
Annual · FY2006 – FY2025
TPL Insurance Limited (TPLI) balance sheet
At the end of FY2025 (Jan – Dec 2025) TPL Insurance Limited had total assets of Rs 8.8 bn, up 11.2% on FY2024. Shareholders' equity was Rs 2.8 bn (Rs 13.95 per share), 31.4% of total assets.
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||
| Cash & cash equivalents | 2,995.4 | 2,472.1 | 1,996.5 | 1,569.4 | 1,046.4 | |||||||||||||||
| Investments | 2,352.6 | 2,625.6 | 2,794.1 | 2,084.6 | 1,745.7 | |||||||||||||||
| Premium receivables | 1,241.2 | 904.0 | 733.5 | 633.1 | 611.8 | |||||||||||||||
| Reinsurance assets | 710.9 | 486.9 | 493.1 | 383.7 | 300.5 | |||||||||||||||
| Total assets | 8,828.8 | 7,939.0 | 7,308.7 | 5,971.5 | 4,786.1 | |||||||||||||||
| Liabilities | ||||||||||||||||||||
| Insurance reserves | 4,046.6 | 3,506.9 | 2,981.6 | 2,738.8 | 2,292.9 | |||||||||||||||
| Unearned premiums | 2,699.3 | 2,455.1 | 2,029.1 | 1,911.6 | 1,715.4 | |||||||||||||||
| Total liabilities | 6,040.3 | 5,188.4 | 4,670.5 | 3,827.1 | 3,259.2 | |||||||||||||||
| Equity | ||||||||||||||||||||
| Equity attributable to shareholders | 2,770.8 | 2,742.8 | 2,680.8 | 2,199.0 | 1,594.4 | |||||||||||||||
| Total equity | 2,788.5 | 2,750.6 | 2,638.3 | 2,144.3 | 1,526.9 | |||||||||||||||
| Total liabilities & equity | 8,828.8 | 7,939.0 | 7,308.7 | 5,971.5 | 4,786.1 | |||||||||||||||
| Key figures | ||||||||||||||||||||
| Shares outstanding mn | 198.6 | 198.4 | 198.4 | 198.4 | 158.2 | |||||||||||||||
| Common equity | 2,770.8 | 2,742.8 | 2,680.8 | 2,199.0 | 1,594.4 | |||||||||||||||
| Book value per share (Rs) Rs | 13.95 | 13.83 | 13.51 | 11.08 | 10.08 | |||||||||||||||
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||
| Cash & cash equivalents | +21.2% | +23.8% | +27.2% | +50.0% | +14.6% | |||||||||||||||
| Investments | -10.4% | -6.0% | +34.0% | +19.4% | +71.7% | |||||||||||||||
| Premium receivables | +37.3% | +23.2% | +15.9% | +3.5% | +46.1% | |||||||||||||||
| Reinsurance assets | +46.0% | -1.3% | +28.5% | +27.7% | +29.1% | |||||||||||||||
| Total assets | +11.2% | +8.6% | +22.4% | +24.8% | +36.7% | |||||||||||||||
| Liabilities | ||||||||||||||||||||
| Insurance reserves | +15.4% | +17.6% | +8.9% | +19.4% | +19.1% | |||||||||||||||
| Unearned premiums | +9.9% | +21.0% | +6.1% | +11.4% | +22.7% | |||||||||||||||
| Total liabilities | +16.4% | +11.1% | +22.0% | +17.4% | +22.5% | |||||||||||||||
| Equity | ||||||||||||||||||||
| Equity attributable to shareholders | +1.0% | +2.3% | +21.9% | +37.9% | +99.6% | |||||||||||||||
| Total equity | +1.4% | +4.3% | +23.0% | +40.4% | +81.7% | |||||||||||||||
| Total liabilities & equity | +11.2% | +8.6% | +22.4% | +24.8% | +36.7% | |||||||||||||||
| Key figures | ||||||||||||||||||||
| Shares outstanding | — | — | — | — | — | |||||||||||||||
| Common equity | +1.0% | +2.3% | +21.9% | +37.9% | +99.6% | |||||||||||||||
| Book value per share (Rs) | +0.9% | +2.3% | +21.9% | +10.0% | +59.8% | |||||||||||||||
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 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||
| Cash & cash equivalents | 33.9% | 31.1% | 27.3% | 26.3% | 21.9% | |||||||||||||||
| Investments | 26.6% | 33.1% | 38.2% | 34.9% | 36.5% | |||||||||||||||
| Premium receivables | 14.1% | 11.4% | 10.0% | 10.6% | 12.8% | |||||||||||||||
| Reinsurance assets | 8.1% | 6.1% | 6.7% | 6.4% | 6.3% | |||||||||||||||
| Total assets | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |||||||||||||||
| Liabilities | ||||||||||||||||||||
| Insurance reserves | 45.8% | 44.2% | 40.8% | 45.9% | 47.9% | |||||||||||||||
| Unearned premiums | 30.6% | 30.9% | 27.8% | 32.0% | 35.8% | |||||||||||||||
| Total liabilities | 68.4% | 65.4% | 63.9% | 64.1% | 68.1% | |||||||||||||||
| Equity | ||||||||||||||||||||
| Equity attributable to shareholders | 31.4% | 34.5% | 36.7% | 36.8% | 33.3% | |||||||||||||||
| Total equity | 31.6% | 34.6% | 36.1% | 35.9% | 31.9% | |||||||||||||||
| Total liabilities & equity | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |||||||||||||||
| Key figures | ||||||||||||||||||||
| Common equity | 31.4% | 34.5% | 36.7% | 36.8% | 33.3% | |||||||||||||||
Each line as a percentage of total assets.
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 126
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | 2,995.4 | 2,472.1 | 1,996.5 | 1,569.4 | 1,046.4 |
| Receivables - Total | 1,241.2 | 904.0 | 733.5 | 646.0 | 619.8 |
| Insurance Premium Receivables | 1,241.2 | 904.0 | 733.5 | 633.1 | 611.8 |
| Income Tax - Receivables | — | — | — | 12.9 | 8.0 |
| Receivables - Other | — | — | — | — | — |
| Investments including Loans - Total | 2,352.6 | 2,625.6 | 2,794.1 | 2,084.6 | 1,745.7 |
| Investment Securities - Available for Sale, Held to Maturity & Held for Trading - Total | 1,720.5 | 2,081.7 | 2,256.5 | 1,740.0 | 1,390.4 |
| Investment Securities - Fixed Income | 1,403.7 | 1,284.7 | 1,595.9 | 1,078.8 | 457.5 |
| Investment Securities - Equity | 64.0 | 548.7 | 419.5 | 488.1 | 612.6 |
| Investment Securities - Other | 252.9 | 248.3 | 241.1 | 173.2 | 320.4 |
| Investments - Other - Total | — | — | — | — | — |
| Loans - Mortgage, Policy & Other | 632.1 | 543.8 | 537.6 | 344.5 | 355.3 |
| Loans - Other | 632.1 | 543.8 | 537.6 | 344.5 | 355.3 |
| Investment Securities Available for Sale & Held to Maturity | — | — | — | — | — |
| Property, Plant & Equipment - Net - Total | 365.6 | 313.2 | 289.6 | 410.1 | 383.9 |
| Property, Plant & Equipment - Gross - Total | — | — | — | — | — |
| Property, Plant & Equipment - Accumulated Depreciation & Impairment - Total | — | — | — | — | — |
| Investment Securities - Available for Sale - Total | — | — | — | — | — |
| Reinsurance Assets | 710.9 | 486.9 | 493.1 | 383.7 | 300.5 |
| Reinsurance Recoverable - In Insurance Provisions | 710.9 | 486.9 | 493.1 | 383.7 | 300.5 |
| Reinsurance Recoverable - Outstanding Claims | 710.9 | 486.9 | 493.1 | 383.7 | 300.5 |
| Other Assets - Total | 1,155.9 | 1,129.0 | 990.8 | 865.8 | 672.4 |
| Restricted Accounts - Cash | — | — | — | — | — |
| Deferred Charges | 263.0 | 298.5 | 260.6 | 238.9 | 181.2 |
| Investments in Associates, Joint Ventures and Unconsolidated Subsidiaries | — | — | — | — | — |
| Deferred Tax - Asset - Long-Term & Short-Term | 31.8 | 0.0 | 4.7 | — | 0.0 |
| Accrued Investment Income | — | — | — | — | — |
| Prepaid Expenses - Total | 861.0 | 830.5 | 725.4 | 626.9 | 491.2 |
| Other Assets | — | — | — | — | — |
| Intangible Assets - Total - Net | 7.2 | 8.3 | 11.3 | 12.0 | 17.3 |
| Intangible Assets - excluding Goodwill - Net - Total | 7.2 | 8.3 | 11.3 | 12.0 | 17.3 |
| Intangible Assets - Gross - Total | — | — | — | — | — |
| Intangible Assets - excluding Goodwill - Gross | — | — | — | — | — |
| Intangible Assets - Accumulated Amortization & Impairment - Total | — | — | — | — | — |
| Intangible Assets - excluding Goodwill - Accumulated Amortization & Impairment - Total | — | — | — | — | — |
| Total Assets | 8,828.8 | 7,939.0 | 7,308.7 | 5,971.5 | 4,786.1 |
| Insurance Reserves - Total | 4,046.6 | 3,506.9 | 2,981.6 | 2,738.8 | 2,292.9 |
| Benefit & Loss Reserves - Gross | 1,347.3 | 1,051.8 | 952.5 | 827.1 | 574.2 |
| Debt - Total | 122.8 | 140.0 | 130.2 | 235.3 | 199.4 |
| Benefit & Loss Reserves - Life - Gross | 1,347.3 | 1,051.8 | 952.5 | 827.1 | 574.2 |
| Short-Term Debt & Current Portion of Long-Term Debt | — | — | — | — | — |
| Unearned Premiums - Gross | 2,699.3 | 2,455.1 | 2,029.1 | 1,911.6 | 1,715.4 |
| Insurance Reserves - Other - Gross - Total | — | — | — | 0.0 | 3.4 |
| Current Portion of Long-Term Debt including Capitalized Leases | — | — | — | — | — |
| Capitalized Leases - Current Portion | — | — | — | — | — |
| Short-Term Debt & Notes Payable | — | — | — | — | — |
| Debt - Long-Term - Total | 122.8 | 140.0 | 130.2 | 235.3 | 199.4 |
| Short-Term Banking Borrowings excluding Collateralized Financing | — | — | — | — | — |
| Capitalized Lease Obligations - Long-Term | 122.8 | 140.0 | 130.2 | 235.3 | 199.4 |
| Deferred Tax & Investment Tax Credits - Long-Term | 0.0 | 37.2 | — | 10.4 | 36.9 |
| Deferred Tax - Liability - Long-Term | 0.0 | 37.2 | — | 10.4 | 36.9 |
| Payables & Accrued Expenses | 1,626.8 | 1,179.3 | 1,270.4 | 763.1 | 667.0 |
| Accrued Expenses | — | — | — | — | — |
| Payable - Reinsurance & Brokers/Agents | 460.8 | 463.2 | 430.4 | 380.4 | 322.0 |
| Other Liabilities - Total | 244.0 | 325.0 | 288.3 | 79.6 | 63.0 |
| Other Payables - Total | 1,166.0 | 716.1 | 840.0 | 382.7 | 345.0 |
| Other Liabilities - | 145.8 | 183.0 | 188.7 | — | — |
| Deferred Revenue/Income | 98.3 | 142.0 | 99.6 | 79.6 | 63.0 |
| Total Liabilities | 6,040.3 | 5,188.4 | 4,670.5 | 3,827.1 | 3,259.2 |
| Shareholders' Equity - Attributable to Parent Shareholders - Total | 2,770.8 | 2,742.8 | 2,680.8 | 2,199.0 | 1,594.4 |
| Common Equity Attributable to Parent Shareholders | 2,770.8 | 2,742.8 | 2,680.8 | 2,199.0 | 1,594.4 |
| Common Equity - Contributed | 2,029.2 | 2,026.7 | 2,026.7 | 2,026.7 | 1,393.1 |
| Common Stock - Issued & Paid | 1,986.4 | 1,983.9 | 1,983.9 | 1,983.9 | 1,171.9 |
| Equity - Non-Contributed - Reserves & Retained Earnings | 741.6 | 716.1 | 654.1 | 172.3 | 201.3 |
| Retained Earnings - Total | 746.7 | 605.8 | 584.5 | 64.8 | 12.3 |
| Comprehensive Income - Accumulated - Total | (5.1) | 110.3 | 69.6 | 107.5 | 189.0 |
| Investments - Unrealized Gain/Loss | — | — | — | — | — |
| Other Reserves/Equity - Total | — | — | — | — | — |
| Common Equity - Total | 2,770.8 | 2,742.8 | 2,680.8 | 2,199.0 | 1,594.4 |
| Common Stock - Additional Paid in Capital including Option Reserve | 42.8 | 42.8 | 42.8 | 42.8 | 221.2 |
| Minority Interest - Equity | 17.7 | 7.7 | (42.6) | (54.7) | (67.5) |
| Total Shareholders' Equity - including Minority Interest & Hybrid Debt | 2,788.5 | 2,750.6 | 2,638.3 | 2,144.3 | 1,526.9 |
| Total Liabilities & Equity | 8,828.8 | 7,939.0 | 7,308.7 | 5,971.5 | 4,786.1 |
| Comprehensive Income - Other - Total | — | — | — | — | — |
| Common Shares - Issued - Total mn | 198.6 | 198.4 | 198.4 | 198.4 | 158.2 |
| Common Shares - Outstanding - Total mn | 198.6 | 198.4 | 198.4 | 198.4 | 158.2 |
| Common Shares - Treasury - Total mn | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Common Shares - Authorized - Issue Specific mn | 250.0 | 250.0 | 250.0 | 250.0 | 202.5 |
| Common Shares - Issued - Issue Specific mn | 198.6 | 198.4 | 198.4 | 198.4 | 158.2 |
| Common Shares - Outstanding - Issue Specific mn | 198.6 | 198.4 | 198.4 | 198.4 | 158.2 |
| Common Shares - Treasury - Issue Specific mn | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Asset Allocation Factor - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Gross - Supplemental | — | — | — | — | — |
| Finance and Operating Lease Liabilities - Total - Supplemental | 122.8 | 140.0 | 130.2 | 235.3 | 199.4 |
| Debt including Finance and Operating Lease Liabilities - Supplemental | 122.8 | 140.0 | 130.2 | 235.3 | 199.4 |
| Net Debt | (2,872.6) | (2,332.1) | (1,866.3) | (1,334.1) | (847.0) |
| Capital Lease Maturities - Total | — | — | — | — | — |
| Capital Lease Maturities - Due within 1 Year | — | — | — | — | — |
| Capital Lease Maturities - Due in Year 2 | — | — | — | — | — |
| Capital Lease Maturities - Due in 2-3 Years | — | — | — | — | — |
| Minority Interest - Total | 17.7 | 7.7 | (42.6) | (54.7) | (67.5) |
| Asset Accruals | (2,995.4) | (2,472.1) | (1,996.5) | (1,569.4) | (1,046.4) |
| Cash & Cash Equivalents - Total | 2,995.4 | 2,472.1 | 1,996.5 | 1,569.4 | 1,046.4 |
| Cash & Securities | 1,720.5 | 2,081.7 | 2,256.5 | 1,740.0 | 1,390.4 |
| Cash & Short Term Investments - Total | 2,995.4 | 2,472.1 | 1,996.5 | 1,569.4 | 1,046.4 |
| Debt - including Preferred Equity & Minority Interest - Total | 140.5 | 147.7 | 87.6 | 180.6 | 131.9 |
| Earning Assets | 2,352.6 | 2,625.6 | 2,794.1 | 2,084.6 | 1,745.7 |
| Equity Securities & Real Estate | 64.0 | 548.7 | 419.5 | 488.1 | 612.6 |
| Invested Assets - Total | 2,352.6 | 2,625.6 | 2,794.1 | 2,084.6 | 1,745.7 |
| Investment Securities | 1,720.5 | 2,081.7 | 2,256.5 | 1,740.0 | 1,390.4 |
| Investments - Permanent | — | — | — | — | — |
| Net Book Capital | (84.0) | 418.5 | 772.0 | 810.2 | 679.9 |
| Net Operating Assets | (84.0) | 418.5 | 772.0 | 810.2 | 679.9 |
| Non-Reserve Liabilities | 1,993.6 | 1,681.5 | 1,688.9 | 1,088.4 | 966.3 |
| Provisions - Total | 0.0 | 37.2 | — | 10.4 | 36.9 |
| Shareholders Equity - Common | 2,770.8 | 2,742.8 | 2,680.8 | 2,199.0 | 1,594.4 |
| Tangible Total Equity | 2,781.3 | 2,742.3 | 2,627.0 | 2,132.4 | 1,509.6 |
| Tangible Book Value | 2,763.6 | 2,734.6 | 2,669.6 | 2,187.0 | 1,577.0 |
| Total Book Capital | 2,893.7 | 2,882.8 | 2,811.1 | 2,434.3 | 1,793.8 |
| Total Capital | 2,911.4 | 2,890.6 | 2,768.5 | 2,379.6 | 1,726.3 |
| Total Long Term Capital | 2,788.5 | 2,750.6 | 2,638.3 | 2,144.3 | 1,526.9 |
| Unearned Revenue - Total | 98.3 | 142.0 | 99.6 | 79.6 | 63.0 |
| Book Value excluding Other Equity | 2,770.8 | 2,742.8 | 2,680.8 | 2,199.0 | 1,594.4 |
| Cash & Short Term Investments - Net of Debt | 2,872.6 | 2,332.1 | 1,866.3 | 1,334.1 | 847.0 |
| Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments | — | — | — | — | — |
| Interest Bearing Liabilities - Total | 122.8 | 140.0 | 130.2 | 235.3 | 199.4 |
| Net Debt Including Preferred Equity & Minority Interest | (2,854.9) | (2,324.4) | (1,908.9) | (1,388.8) | (914.4) |
| Other Short-Term & Long-Term Assets - Total | 1,155.9 | 1,129.0 | 990.8 | 865.8 | 672.4 |
| Other Short-Term & Long-Term Liabilities - Total | 145.8 | 183.0 | 188.7 | — | — |
| Tangible Book Value excluding Other Equity | 2,763.6 | 2,734.6 | 2,669.6 | 2,187.0 | 1,577.0 |
| Total Debt Excluding Islamic | 122.8 | 140.0 | 130.2 | 235.3 | 199.4 |
| Investment in Equity, Real Estate & Mortgages | 64.0 | 548.7 | 419.5 | 488.1 | 612.6 |
| Book Value excluding Accumulated Comprehensive Income | 2,775.9 | 2,632.6 | 2,611.3 | 2,091.5 | 1,405.3 |
| Benefit & Claims Reserves - Gross | 1,347.3 | 1,051.8 | 952.5 | 827.1 | 574.2 |
| Reinsurance Liabilities | 460.8 | 463.2 | 430.4 | 380.4 | 322.0 |
| Cash in Hand & with Banks - Total | 2,995.4 | 2,472.1 | 1,996.5 | 1,569.4 | 1,046.4 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.