Siddhartha Premier Insurance Sees Moderate Profit Growth in Q4; Investment Income Slumps
Tue, Aug 12, 2025 9:26 AM on Latest, Financial Analysis, Company Analysis,
Siddhartha Premier Insurance (SPIL) closed the fourth quarter of FY 2081/82 with a net profit of Rs. 71.31 crore, marking a 3.63% rise from Rs. 68.81 crore in the same period last year. Earnings per share increased to Rs. 25.41, compared to Rs. 24.52 a year earlier.
Net premium income advanced by 11.58% to Rs. 2.05 Arba, but income from investment, loans, and other sources plunged by 35.18% to Rs. 47.59 crore. Net claim payments eased by 5.29% to Rs. 1.13 Arba.
The insurer’s balance sheet showed insurance funds climbing 16.02% to Rs. 5.75 Arba, while total investments dipped 3.27% to Rs. 9 Arba. Paid-up capital remained steady at Rs. 2.80 Arba, with a solvency ratio of 3.18.
Despite the profit uptick, retained earnings dropped 13.21% to Rs. 95.51 crore, and net worth per share edged down to Rs. 274.56 from Rs. 276.63.
Major Highlights:
* Figure is of the Immediate Fiscal Year Ending
| Particulars (In Rs '000) | Siddhartha Premier Insurance | ||
|---|---|---|---|
| Q4 2081/82 | Q4 2080/81 | Difference | |
| Paid Up Capital | 2,806,549.90 | 2,806,549.90* | 0.00% |
| Share Premium | 475.94 | 475.94* | 0.00% |
| Special Reserves | 2,500,000.00 | 2,500,000.00* | 0.00% |
| Catastrophe Reserves | 224,365.43 | 188,242.13* | 19.19% |
| Retained Earnings | 955,088.64 | 1,100,436.66* | -13.21% |
| Other Equity | 1,219,219.35 | 1,168,137.59* | 4.37% |
| Investments | 9,002,240.15 | 9,306,186.89* | -3.27% |
| Insurance Fund | 5,752,084.33 | 4,957,990.91* | 16.02% |
| Net Premium | 2,057,631.84 | 1,844,073.07 | 11.58% |
| Income from Investment, Loan and others | 475,940.06 | 734,199.54 | -35.18% |
| Claim Payment (Net) | 1,134,969.81 | 1,198,351.26 | -5.29% |
| Commission Expenses | 34,795.67 | 37,572.61 | -7.39% |
| Employees Benefit Expenses | 640,415.23 | 595,696.27 | 7.51% |
| Other Operating Expenses | 202,288.83 | 203,597.78 | -0.64% |
| Net Profit | 713,180.71 | 688,189.15 | 3.63% |
| EPS (In Rs.) | 25.41 | 24.52 | 3.63% |
| Net Worth per Share (In Rs.) | 274.56 | 276.63 | -0.75% |
| PE Ratio | 33.07 | - | - |
| Solvency Ratio | 3.18 | - | - |
