Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨15.31, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 7x in the Insurance industry in Pakistan. Total returns to shareholders of 152% over the past three years. Reported Earnings • May 01
First quarter 2026 earnings released: EPS: PK₨0.09 (vs PK₨0.01 loss in 1Q 2025) First quarter 2026 results: EPS: PK₨0.09 (up from PK₨0.01 loss in 1Q 2025). Revenue: PK₨1.14b (up 64% from 1Q 2025). Net income: PK₨14.0m (up PK₨15.1m from 1Q 2025). Profit margin: 1.2% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Apr 22
Askari Life Assurance Company Limited to Report Q1, 2026 Results on Apr 29, 2026 Askari Life Assurance Company Limited announced that they will report Q1, 2026 results on Apr 29, 2026 Reported Earnings • Mar 22
Full year 2025 earnings released: EPS: PK₨0.84 (vs PK₨0.10 in FY 2024) Full year 2025 results: EPS: PK₨0.84 (up from PK₨0.10 in FY 2024). Revenue: PK₨3.24b (up 55% from FY 2024). Net income: PK₨126.0m (up PK₨110.8m from FY 2024). Profit margin: 3.9% (up from 0.7% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Announcement • Mar 18
Askari Life Assurance Company Limited, Annual General Meeting, Apr 29, 2026 Askari Life Assurance Company Limited, Annual General Meeting, Apr 29, 2026. Location: rawalpindi Pakistan Announcement • Mar 11
Askari Life Assurance Company Limited to Report Fiscal Year 2025 Results on Mar 17, 2026 Askari Life Assurance Company Limited announced that they will report fiscal year 2025 results on Mar 17, 2026 Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨13.00, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 6x in the Insurance industry in Pakistan. Total returns to shareholders of 191% over the past three years. New Risk • Jan 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨2.35b market cap, or US$8.40m). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨15.87, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 6x in the Insurance industry in Pakistan. Total returns to shareholders of 203% over the past three years. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: PK₨0.09 (vs PK₨0.09 loss in 3Q 2024) Third quarter 2025 results: EPS: PK₨0.09 (up from PK₨0.09 loss in 3Q 2024). Revenue: PK₨797.3m (up 75% from 3Q 2024). Net income: PK₨13.9m (up PK₨27.4m from 3Q 2024). Profit margin: 1.7% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to PK₨14.09, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 6x in the Insurance industry in Pakistan. Total returns to shareholders of 126% over the past three years. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to PK₨15.04, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 6x in the Insurance industry in Pakistan. Total returns to shareholders of 133% over the past three years. Reported Earnings • Aug 29
Second quarter 2025 earnings released: EPS: PK₨0.17 (vs PK₨0.03 in 2Q 2024) Second quarter 2025 results: EPS: PK₨0.17 (up from PK₨0.03 in 2Q 2024). Revenue: PK₨638.1m (up 49% from 2Q 2024). Net income: PK₨25.6m (up 418% from 2Q 2024). Profit margin: 4.0% (up from 1.2% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨10.11, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 6x in the Insurance industry in Pakistan. Total returns to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to PK₨9.38, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 6x in the Insurance industry in Pakistan. Total returns to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to PK₨8.47, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 7x in the Insurance industry in Pakistan. Total returns to shareholders of 41% over the past three years. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨7.40, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 5x in the Insurance industry in Pakistan. Total returns to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to PK₨5.84, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 5x in the Insurance industry in Pakistan. Total loss to shareholders of 6.0% over the past three years. Valuation Update With 7 Day Price Move • May 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to PK₨4.10, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 5x in the Insurance industry in Pakistan. Total loss to shareholders of 35% over the past three years. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: PK₨0.10 (vs PK₨1.10 loss in FY 2023) Full year 2024 results: EPS: PK₨0.10 (up from PK₨1.10 loss in FY 2023). Revenue: PK₨2.08b (up 34% from FY 2023). Net income: PK₨15.1m (up PK₨180.4m from FY 2023). Profit margin: 0.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Mar 22
Askari Life Assurance Company Limited, Annual General Meeting, Apr 28, 2025 Askari Life Assurance Company Limited, Annual General Meeting, Apr 28, 2025. Reported Earnings • Oct 29
Third quarter 2024 earnings released: PK₨0.09 loss per share (vs PK₨0.36 loss in 3Q 2023) Third quarter 2024 results: PK₨0.09 loss per share (improved from PK₨0.36 loss in 3Q 2023). Revenue: PK₨455.1m (up 39% from 3Q 2023). Net loss: PK₨13.6m (loss narrowed 75% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. New Risk • Sep 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨779.4m market cap, or US$2.80m). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: PK₨0.03 (vs PK₨0.36 loss in 2Q 2023) Second quarter 2024 results: EPS: PK₨0.03 (up from PK₨0.36 loss in 2Q 2023). Revenue: PK₨427.5m (up 46% from 2Q 2023). Net income: PK₨4.94m (up PK₨58.5m from 2Q 2023). Profit margin: 1.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • May 02
First quarter 2024 earnings released: PK₨380 loss per share (vs PK₨0.35 loss in 1Q 2023) First quarter 2024 results: PK₨380 loss per share. Revenue: PK₨371.0m (up 6.8% from 1Q 2023). Net loss: PK₨56.5m (loss narrowed 8.5% from 1Q 2023). Reported Earnings • Apr 04
Full year 2023 earnings released: PK₨1.10 loss per share (vs PK₨1.84 loss in FY 2022) Full year 2023 results: PK₨1.10 loss per share (improved from PK₨1.84 loss in FY 2022). Revenue: PK₨1.55b (up 28% from FY 2022). Net loss: PK₨165.2m (loss narrowed 40% from FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Feb 03
Askari Life Assurance Company Limited Announces Resignation of Marshal Mohammad Athar Shams from Its Board of Directors Askari Life Assurance Company Limited has announced the resignation of Air Vice Marshal Mohammad Athar Shams (Retd) from its Board of Directors, effective January 31, 2024. The departure of Air Vice Marshal Shams marks a significant change within the company's leadership structure. The company has assured the Exchange that the vacancy caused by this resignation will be addressed promptly, with a new appointment expected to be made within the stipulated timeframe. This development is crucial as the company moves to maintain its governance and leadership continuity. Askari Life Assurance has committed to informing the Exchange and its TRE Certificate holders once a new board member is appointed, ensuring transparency and adherence to corporate governance standards. The resignation of a board member is a noteworthy event for any company, as it can signify changes in strategy,governance, or corporate direction. For stakeholders and investors of Askari Life Assurance, the announcement is particularly significant, underscoring the importance of board composition in steering the company's future. As the company prepares to fill the casual vacancy left by Air Vice Marshal Shams, the financial community will be keenly observing the upcoming appointment. This transition period represents a critical juncture for Askari Life Assurance, as the introduction of new leadership could bring fresh perspectives and strategies to the company. Reported Earnings • Nov 02
Third quarter 2023 earnings released: PK₨0.36 loss per share (vs PK₨0.46 loss in 3Q 2022) Third quarter 2023 results: PK₨0.36 loss per share (improved from PK₨0.46 loss in 3Q 2022). Revenue: PK₨328.1m (up 15% from 3Q 2022). Net loss: PK₨53.8m (loss narrowed 22% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Board Change • Sep 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Ayesha Rafique was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 31
Second quarter 2023 earnings released: PK₨0.36 loss per share (vs PK₨0.69 loss in 2Q 2022) Second quarter 2023 results: PK₨0.36 loss per share (improved from PK₨0.69 loss in 2Q 2022). Revenue: PK₨292.1m (up 26% from 2Q 2022). Net loss: PK₨53.6m (loss narrowed 48% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
First quarter 2023 earnings released: PK₨0.35 loss per share (vs PK₨0.35 loss in 1Q 2022) First quarter 2023 results: PK₨0.35 loss per share (in line with 1Q 2022). Revenue: PK₨347.3m (up 53% from 1Q 2022). Net loss: PK₨61.8m (loss widened 15% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Board Change • Apr 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Ayesha Rafique was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 08
Full year 2022 earnings released: PK₨1.84 loss per share (vs PK₨1.61 loss in FY 2021) Full year 2022 results: PK₨1.84 loss per share (further deteriorated from PK₨1.61 loss in FY 2021). Revenue: PK₨1.21b (up 82% from FY 2021). Net loss: PK₨276.0m (loss widened 14% from FY 2021). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Ayesha Rafique was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: PK₨0.46 loss per share (vs PK₨0.26 loss in 3Q 2021) Third quarter 2022 results: PK₨0.46 loss per share (further deteriorated from PK₨0.26 loss in 3Q 2021). Revenue: PK₨285.5m (up 59% from 3Q 2021). Net loss: PK₨69.1m (loss widened 79% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • Aug 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Ayesha Rafique was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Ayesha Rafique was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2021 earnings released: PK₨0.26 loss per share (vs PK₨0.54 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: PK₨179.8m (up 161% from 3Q 2020). Net loss: PK₨38.6m (loss narrowed 35% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 27
Second quarter 2021 earnings released: PK₨0.37 loss per share (vs PK₨0.61 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: PK₨120.0m (up 189% from 2Q 2020). Net loss: PK₨55.6m (loss narrowed 18% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 25
First quarter 2021 earnings released: PK₨0.30 loss per share (vs PK₨0.37 loss in 1Q 2020) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2021 results: Revenue: PK₨108.9m (up 37% from 1Q 2020). Net loss: PK₨44.2m (loss widened 5.8% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 28
Full year 2020 earnings released: PK₨2.09 loss per share (vs PK₨2.39 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: PK₨350.1m (up 19% from FY 2019). Net loss: PK₨238.8m (loss narrowed 9.2% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 35% per year whereas the company’s share price has fallen by 34% per year. Is New 90 Day High Low • Mar 01
New 90-day low: PK₨6.77 The company is down 10.0% from its price of PK₨7.51 on 01 December 2020. The Pakistani market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 5.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total losses of PK₨239.0m, with losses narrowing by 12% from the prior year. Total revenue was PK₨322.2m over the last 12 months, up 71% from the prior year. Is New 90 Day High Low • Oct 13
New 90-day low: PK₨7.40 The company is down 7.0% from its price of PK₨7.94 on 15 July 2020. The Pakistani market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 18% over the same period. Is New 90 Day High Low • Sep 21
New 90-day low: PK₨7.70 The company is down 7.0% from its price of PK₨8.25 on 22 June 2020. The Pakistani market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 21% over the same period.