IME Life Insurance Logs Rs. 36.63 Crores Net Profit in Q3; Net Premium Surges by 15.65% While EPS Rises to Rs. 9.77
Sun, May 4, 2025 8:47 AM on Financial Analysis, Highlight News, Company Analysis,
IME Life Insurance Company Limited (ILI) has published its unaudited financial report for the third quarter of fiscal year 2081/82, showcasing a net profit of Rs. 36.63 crores, which marks a 10.49% growth compared to Rs. 33.15 crores in the same period last year.
The insurer reported a net premium collection of Rs. 3.60 Arba, up by 15.65% from Rs. 3.11 Arba in Q3 2080/81. Likewise, income from investment, loan, and other sources reached Rs. 98.77 crores—a 2.74% rise year-on-year.
On the balance sheet side, the life insurance fund has grown by 26.69% to Rs. 12.55 Arba, reflecting the company’s expanding coverage and business volume. Total investments rose to Rs. 16.69 Arba, a 9.70% increment.
However, retained earnings dipped sharply by 63.06%, falling to Rs. 42.56 crores from Rs. 1.15 Arba. Similarly, other equity also contracted by 14.03%.
The company's annualized earnings per share (EPS) increased to Rs. 9.77, from Rs. 8.84 last year, while net worth per share dropped to Rs. 132.67, down 10.33%. Its price-to-earnings (PE) ratio stands at 47.33.
Paid-up capital and share premium remained stable at Rs. 5 Arba and Rs. 52.38 crores, respectively. The company also saw an increase in catastrophe reserves by 18.96%, reaching Rs. 22.98 crores.
On the expenditure side, net claim payments rose significantly by 19.72% to Rs. 3.51 Arba, while commission expenses climbed by 7.75% to Rs. 33.59 crores.
Major Highlights:
* Figure is of the Immediate Fiscal Year Ending
| Particulars (In Rs '000) | IME Life Insurance Company | ||
|---|---|---|---|
| Q3 2081/82 | Q3 2080/81 | Difference | |
| Paid Up Capital | 5,000,000.00 | 5,000,000.00* | 0.00% |
| Share Premium | 523,816.61 | 523,816.61* | 0.00% |
| Catastrophe Reserves | 229,883.62 | 193,250.31* | 18.96% |
| Retained Earnings | 425,616.51 | 1,152,212.06* | -63.06% |
| Other Equity | 454,213.41 | 528,351.22* | -14.03% |
| Life Insurance Fund | 12,559,840.88 | 9,914,085.60* | 26.69% |
| Investments | 16,691,854.15 | 15,215,537.00* | 9.70% |
| Net Premium | 3,603,355.85 | 3,115,638.13 | 15.65% |
| Income from Investment, Loan and others | 987,777.27 | 961,390.48 | 2.74% |
| Claim Payment (Net) | 3,515,369.66 | 2,936,354.81 | 19.72% |
| Commission Expenses | 335,975.92 | 311,796.48 | 7.75% |
| Net Profit | 366,333.10 | 331,560.07 | 10.49% |
| Annualized EPS (In Rs.) | 9.77 | 8.84 | 10.49% |
| Net Worth per Share (In Rs.) | 132.67 | 147.95 | -10.33% |
| PE Ratio | 47.33 | - | - |
