Reliance Insurance Past Earnings Performance

Past criteria checks 4/6

Reliance Insurance has been growing earnings at an average annual rate of 29.9%, while the Insurance industry saw earnings growing at 18.1% annually. Revenues have been growing at an average rate of 12.1% per year. Reliance Insurance's return on equity is 19.1%, and it has net margins of 32.1%.

Key information

29.9%

Earnings growth rate

29.8%

EPS growth rate

Insurance Industry Growth	18.8%
Revenue growth rate	12.1%
Return on equity	19.1%
Net Margin	32.1%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Reliance Insurance makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KASE:RICL Revenue, expenses and earnings (PKR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	796	255	257
31 Dec 23	728	172	251
30 Sep 23	598	103	228
30 Jun 23	535	71	219
31 Mar 23	465	36	214
31 Dec 22	441	44	213
30 Sep 22	395	37	207
30 Jun 22	375	32	206
31 Mar 22	408	58	204
31 Dec 21	381	53	204
30 Sep 21	437	70	204
30 Jun 21	477	94	203
31 Mar 21	506	128	203
31 Dec 20	412	68	205
30 Sep 20	467	111	212
30 Jun 20	437	91	210
31 Mar 20	351	17	216
31 Dec 19	448	71	216
30 Sep 19	326	-10	218
30 Jun 19	331	-4	219
31 Mar 19	360	13	209
31 Dec 18	397	49	207
30 Sep 18	385	43	205
30 Jun 18	369	26	201
31 Mar 18	347	-1	195
31 Dec 17	320	-39	191
30 Sep 17	386	27	129
30 Jun 17	390	31	139
31 Mar 17	481	115	159
31 Dec 16	458	101	167
30 Sep 16	423	69	176
30 Jun 16	377	40	172
31 Mar 16	366	43	163
31 Dec 15	403	81	162
30 Sep 15	408	93	160
30 Jun 15	458	143	158
31 Mar 15	407	100	155
31 Dec 14	392	90	153
30 Sep 14	398	106	163
30 Jun 14	376	86	159
31 Mar 14	377	91	157
31 Dec 13	358	75	155
30 Sep 13	344	50	153
30 Jun 13	354	71	149

Quality Earnings: RICL has a high level of non-cash earnings.

Growing Profit Margin: RICL's current net profit margins (32.1%) are higher than last year (7.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RICL's earnings have grown significantly by 29.9% per year over the past 5 years.

Accelerating Growth: RICL's earnings growth over the past year (600.4%) exceeds its 5-year average (29.9% per year).

Earnings vs Industry: RICL earnings growth over the past year (600.4%) exceeded the Insurance industry 50%.

Reliance Insurance Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First quarter 2024 earnings released: EPS: PK₨1.49 (vs PK₨0.23 in 1Q 2023)

Full year 2023 earnings released: EPS: PK₨2.58 (vs PK₨0.66 in FY 2022)

Third quarter 2023 earnings released: EPS: PK₨0.70 (vs PK₨0.22 in 3Q 2022)

Second quarter 2023 earnings released: EPS: PK₨0.42 (vs PK₨0.10 loss in 2Q 2022)

Full year 2022 earnings released: EPS: PK₨0.70 (vs PK₨0.84 in FY 2021)

Third quarter 2022 earnings released: EPS: PK₨0.23 (vs PK₨0.15 in 3Q 2021)

Recent updates

First quarter 2024 earnings released: EPS: PK₨1.49 (vs PK₨0.23 in 1Q 2023)

Upcoming dividend of PK₨1.00 per share

Reliance Insurance Company Limited, Annual General Meeting, Apr 29, 2024

Full year 2023 earnings released: EPS: PK₨2.58 (vs PK₨0.66 in FY 2022)

Dividend of PK₨1.00 announced

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 25%

Third quarter 2023 earnings released: EPS: PK₨0.70 (vs PK₨0.22 in 3Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: PK₨0.42 (vs PK₨0.10 loss in 2Q 2022)

Less than half of directors are independent

Reliance Insurance Company Limited Announces Chief Financial Officer Changes

Investor sentiment improves as stock rises 22%

Investor sentiment improves as stock rises 22%

Upcoming dividend of PK₨0.50 per share at 7.1% yield

Full year 2022 earnings released: EPS: PK₨0.70 (vs PK₨0.84 in FY 2021)

Less than half of directors are independent

Investor sentiment deteriorates as stock falls 17%

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: PK₨0.23 (vs PK₨0.15 in 3Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Inaugural dividend of PK₨0.50 per share

Reliance Insurance Company Limited, Annual General Meeting, Apr 30, 2022

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS PK₨0.16 (vs PK₨0.56 in 3Q 2020)

Second quarter 2021 earnings released

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS PK₨0.32 (vs PK₨0.69 loss in 1Q 2020)

Full year 2020 earnings released: EPS PK₨1.22 (vs PK₨1.27 in FY 2019)

New 90-day high: PK₨7.68

New 90-day high: PK₨7.50

New 90-day high: PK₨7.24

Reliance Insurance Company Limited to Report First Half, 2020 Results on Aug 27, 2020

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
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