Rastriya Beema Sanstha earns Rs 5.90 crore in Q4; EPS and Networth stands at Rs 32.63 and Rs 257.91 respectively

Tue, Aug 18, 2020 11:11 AM on Latest, Company Analysis,

Rastriya Beema Sanstha (RBS) has published its fourth-quarter report of fiscal year 2076/2077 with an increase in net profit by 3.58%. The company’s earnings increased to Rs. 5.90 crore in this quarter from Rs. 5.70 crore in the corresponding quarter of the previous year.

As per the unaudited report for the fourth quarter published today, RBS has a paid-up capital of Rs 18.10 crores with a reserve of Rs 28.58 crore.

The company has Rs 26.54 Arba in the life insurance fund.

The net premium rose by 11.18% to Rs 7.06 Arba till Q4 of FY 2076/2077 from Rs 6.35 Arba in the corresponding quarter of the previous fiscal year. The company has earned Rs. 1.94 Arba from income from investment, loans, and other headings.

The company’s Net claim increased by 3.72% to Rs 2.81 Arba till Q4.

Its earnings per share (EPS) stood at Rs 32.63 whereas Net worth per share stood at Rs 257.91.

Major Highlights

Particulars (In '000)

Rastriya Beema Sanstha

Q4, 2076/2077

Q4,2075/2076

Difference

Paid-up Capital

181,020.00

181,020.00

-

Reserves & Surplus

285,848.56

226,783.53

26.04%

Insurance Fund

26,543,922.03

20,648,792.97

28.55%

Contingent Fund

-

-

-

Net Premium

7,064,225.06

6,353,855.55

11.18%

Re-insurance income

-

-

-

Income from investment, loan and others

1,949,368.67

1,560,404.14

24.93%

Claim Payment (Net)

2,814,021.67

2,712,990.04

3.72%

Agent Commission

188,527.85

149,173.60

26.38%

Gross Profit

9,120.90

3,822.41

138.62%

Net Profit

59,065.03

57,023.07

3.58%

EPS (Rs.)

32.63

31.50

3.58%

Net worth per share (Rs.)

257.91

225.28

14.48%