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Insurance

PIL PICIC Insurance Limited

Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026

Last close · 16 Oct 2026

Rs 5.06 -0.78%

Quarterly · Q3 FY2021 – Q2 FY2026

PICIC Insurance Limited (PIL) quarterly balance sheet

At the end of Q2 FY2026 (Apr – Jun 2026) PICIC Insurance Limited had total assets of Rs 113.1 mn, up 5.9% on Q2 FY2025. Shareholders' equity was -Rs 34.9 mn (Rs -1.00 per share), -30.8% of total assets.

PIL balance sheet (quarterly) (Rs mn)
Rs mn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024 Q2 FY2024 Apr – Jun 2024 Q1 FY2024 Jan – Mar 2024 Q4 FY2023 Oct – Dec 2023 Q3 FY2023 Jul – Sep 2023 Q2 FY2023 Apr – Jun 2023 Q1 FY2023 Jan – Mar 2023 Q4 FY2022 Oct – Dec 2022 Q3 FY2022 Jul – Sep 2022 Q2 FY2022 Apr – Jun 2022 Q1 FY2022 Jan – Mar 2022 Q4 FY2021 Oct – Dec 2021 Q3 FY2021 Jul – Sep 2021
Assets
Cash & cash equivalents 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.2 0.0 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Investments 86.8 92.1 84.8 82.7 80.5 80.9 79.0 75.3 71.2 69.6 66.6 63.1 60.1 58.7 56.8 54.8 52.9 52.8 51.6 50.6
Total assets 113.1 118.4 111.1 109.1 106.8 107.3 105.3 101.7 97.5 97.1 93.0 89.6 86.5 85.0 83.2 83.9 81.9 80.4 79.2 78.2
Liabilities
Insurance reserves 57.7 57.7 57.7 57.7 57.7 57.7 57.7 57.7 57.7 63.2 65.7 54.2 54.2 — — — — — — —
Total liabilities 148.0 143.7 140.3 140.1 136.6 117.7 116.3 114.0 112.2 111.4 108.9 95.9 93.8 103.8 102.7 101.1 99.8 98.3 97.7 96.1
Equity
Equity attributable to shareholders (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3) (7.2) (18.8) (19.5) (17.2) (17.8) (17.9) (18.4) (17.9)
Total equity (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3) (7.2) (18.8) (19.5) (17.2) (17.8) (17.9) (18.4) (17.9)
Total liabilities & equity 113.1 118.4 111.1 109.1 106.8 107.3 105.3 101.7 97.5 97.1 93.0 89.6 86.5 85.0 83.2 83.9 81.9 80.4 79.2 78.2
Key figures
Shares outstanding mn 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0
Common equity (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3) (7.2) (18.8) (19.5) (17.2) (17.8) (17.9) (18.4) (17.9)
Book value per share (Rs) Rs (1.00) (0.72) (0.83) (0.89) (0.85) (0.30) (0.31) (0.35) (0.42) (0.41) (0.46) (0.18) (0.21) (0.54) (0.56) (0.49) (0.51) (0.51) (0.53) (0.51)
PIL balance sheet — year-on-year change (Rs mn)
Rs mn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024 Q2 FY2024 Apr – Jun 2024 Q1 FY2024 Jan – Mar 2024 Q4 FY2023 Oct – Dec 2023 Q3 FY2023 Jul – Sep 2023 Q2 FY2023 Apr – Jun 2023 Q1 FY2023 Jan – Mar 2023 Q4 FY2022 Oct – Dec 2022 Q3 FY2022 Jul – Sep 2022 Q2 FY2022 Apr – Jun 2022 Q1 FY2022 Jan – Mar 2022 Q4 FY2021 Oct – Dec 2021 Q3 FY2021 Jul – Sep 2021
Assets
Cash & cash equivalents 0.0% 0.0% 0.0% 0.0% 0.0% -99.5% -81.3% -95.9% -95.7% +3,530.3% -15.8% +300.0% +411.1% +65.0% +72.7% +76.2% -22.9% -37.5% -86.0% -86.4%
Investments +7.8% +13.8% +7.4% +9.8% +13.1% +16.4% +18.5% +19.3% +18.4% +18.5% +17.3% +15.2% +13.7% +11.2% +10.2% +8.4% +6.7% +7.3% +6.7% +6.3%
Total assets +5.9% +10.4% +5.5% +7.3% +9.6% +10.5% +13.3% +13.5% +12.7% +14.2% +11.8% +6.8% +5.6% +5.7% +5.0% +7.2% +6.1% +5.3% +4.8% +4.5%
Liabilities
Insurance reserves 0.0% 0.0% 0.0% +0.0% +0.0% -8.7% -12.2% +6.5% +6.5% — — — — — — — — — — —
Total liabilities +8.3% +22.1% +20.6% +22.9% +21.7% +5.6% +6.8% +18.9% +19.7% +7.4% +6.1% -5.1% -6.0% +5.6% +5.1% +5.1% +4.5% +4.0% +4.3% +4.2%
Equity
Equity attributable to shareholders — — — — — — — — — — — — — — — — — — — —
Total equity — — — — — — — — — — — — — — — — — — — —
Total liabilities & equity +5.9% +10.4% +5.5% +7.3% +9.6% +10.5% +13.3% +13.5% +12.7% +14.2% +11.8% +6.8% +5.6% +5.7% +5.0% +7.2% +6.1% +5.3% +4.8% +4.5%
Key figures
Shares outstanding — — — — — — — — — — — — — — — — — — — —
Common equity — — — — — — — — — — — — — — — — — — — —
Book value per share (Rs) — — — — — — — — — — — — — — — — — — — —

Change against the same quarter a year earlier; shown when the earlier figure is positive.

PIL balance sheet — common size (Rs mn)
Rs mn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024 Q2 FY2024 Apr – Jun 2024 Q1 FY2024 Jan – Mar 2024 Q4 FY2023 Oct – Dec 2023 Q3 FY2023 Jul – Sep 2023 Q2 FY2023 Apr – Jun 2023 Q1 FY2023 Jan – Mar 2023 Q4 FY2022 Oct – Dec 2022 Q3 FY2022 Jul – Sep 2022 Q2 FY2022 Apr – Jun 2022 Q1 FY2022 Jan – Mar 2022 Q4 FY2021 Oct – Dec 2021 Q3 FY2021 Jul – Sep 2021
Assets
Cash & cash equivalents 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 1.2% 0.0% 0.2% 0.2% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Investments 76.7% 77.8% 76.3% 75.9% 75.4% 75.4% 75.0% 74.1% 73.0% 71.7% 71.7% 70.5% 69.4% 69.0% 68.3% 65.3% 64.5% 65.6% 65.1% 64.6%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Insurance reserves 51.0% 48.7% 51.9% 52.9% 54.0% 53.8% 54.8% 56.8% 59.2% 65.1% 70.7% 60.5% 62.6% — — — — — — —
Total liabilities 130.8% 121.3% 126.2% 128.5% 127.9% 109.7% 110.4% 112.2% 115.1% 114.8% 117.2% 107.0% 108.4% 122.1% 123.5% 120.5% 121.8% 122.3% 123.3% 122.9%
Equity
Equity attributable to shareholders (30.8%) (21.3%) (26.2%) (28.5%) (27.9%) (9.7%) (10.4%) (12.2%) (15.1%) (14.8%) (17.2%) (7.0%) (8.4%) (22.1%) (23.5%) (20.5%) (21.8%) (22.3%) (23.3%) (22.9%)
Total equity (30.8%) (21.3%) (26.2%) (28.5%) (27.9%) (9.7%) (10.4%) (12.2%) (15.1%) (14.8%) (17.2%) (7.0%) (8.4%) (22.1%) (23.5%) (20.5%) (21.8%) (22.3%) (23.3%) (22.9%)
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Common equity (30.8%) (21.3%) (26.2%) (28.5%) (27.9%) (9.7%) (10.4%) (12.2%) (15.1%) (14.8%) (17.2%) (7.0%) (8.4%) (22.1%) (23.5%) (20.5%) (21.8%) (22.3%) (23.3%) (22.9%)

Each line as a percentage of total assets.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. Updated 16 Oct 2026.

All reported line items 53
PIL balance sheet — all reported line items (Rs mn)
Rs mn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024 Q2 FY2024 Apr – Jun 2024 Q1 FY2024 Jan – Mar 2024 Q4 FY2023 Oct – Dec 2023 Q3 FY2023 Jul – Sep 2023
Cash & Cash Equivalents 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.2 0.0 0.1
Receivables - Total 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3
Income Tax - Receivables 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3
Investments including Loans - Total 86.8 92.1 84.8 82.7 80.5 80.9 79.0 75.3 71.2 69.6 66.6 63.1
Property, Plant & Equipment - Net - Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Total Assets 113.1 118.4 111.1 109.1 106.8 107.3 105.3 101.7 97.5 97.1 93.0 89.6
Insurance Reserves - Total 57.7 57.7 57.7 57.7 57.7 57.7 57.7 57.7 57.7 63.2 65.7 54.2
Policy & Contract Claims - Gross 57.7 57.7 57.7 57.7 57.7 57.7 57.7 57.7 57.7 63.2 65.7 54.2
Dividends Payable — — 0.2 — — 0.2 0.2 — — 0.2 0.2 —
Payables & Accrued Expenses 90.3 86.0 82.4 82.4 78.9 59.8 58.4 56.3 54.5 48.0 43.0 41.7
Accrued Expenses — 0.2 — — — — — — — — — —
Payable - Reinsurance & Brokers/Agents 17.7 17.7 17.7 17.7 17.7 17.7 17.7 17.7 17.7 17.7 17.7 17.7
Other Payables - Total 72.6 68.1 64.7 64.8 61.3 42.1 40.7 38.7 36.9 30.4 25.4 24.0
Total Liabilities 148.0 143.7 140.3 140.1 136.6 117.7 116.3 114.0 112.2 111.4 108.9 95.9
Shareholders' Equity - Attributable to Parent Shareholders - Total (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Common Equity Attributable to Parent Shareholders (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Common Equity - Contributed 350.0 350.0 350.0 350.0 350.0 350.0 350.0 350.0 350.0 350.0 350.0 350.0
Common Stock - Issued & Paid 350.0 350.0 350.0 350.0 350.0 350.0 350.0 350.0 350.0 350.0 350.0 350.0
Equity - Non-Contributed - Reserves & Retained Earnings (384.9) (375.3) (379.2) (381.1) (379.8) (360.4) (361.0) (362.4) (364.7) (364.4) (365.9) (356.3)
Retained Earnings - Total (384.9) (375.3) (379.2) (381.1) (379.8) (360.4) (361.0) (362.4) (364.7) (364.4) (365.9) (356.3)
Common Equity - Total (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Total Shareholders' Equity - including Minority Interest & Hybrid Debt (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Total Liabilities & Equity 113.1 118.4 111.1 109.1 106.8 107.3 105.3 101.7 97.5 97.1 93.0 89.6
Common Shares - Issued - Total mn 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0
Common Shares - Outstanding - Total mn 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 125.0 125.0 125.0 125.0 — 125.0 125.0 125.0 125.0 125.0 125.0 125.0
Common Shares - Issued - Issue Specific mn 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0
Common Shares - Outstanding - Issue Specific mn 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0 35.0
Common Shares - Treasury - Issue Specific mn 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Asset Allocation Factor - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Net Debt (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (1.2) (0.0) (0.1)
Asset Accruals (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (1.2) (0.0) (0.1)
Cash & Cash Equivalents - Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.2 0.0 0.1
Cash & Short Term Investments - Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.2 0.0 0.1
Earning Assets 86.8 92.1 84.8 82.7 80.5 80.9 79.0 75.3 71.2 69.6 66.6 63.1
Invested Assets - Total 86.8 92.1 84.8 82.7 80.5 80.9 79.0 75.3 71.2 69.6 66.6 63.1
Net Book Capital (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (15.6) (16.0) (6.4)
Net Operating Assets (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (15.6) (16.0) (6.4)
Non-Reserve Liabilities 90.3 86.0 82.6 82.4 78.9 60.0 58.6 56.3 54.5 48.2 43.2 41.7
Shareholders Equity - Common (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Tangible Total Equity (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Tangible Book Value (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Total Book Capital (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Total Capital (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Total Long Term Capital (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Book Value excluding Other Equity (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Cash & Short Term Investments - Net of Debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.2 0.0 0.1
Net Debt Including Preferred Equity & Minority Interest (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (1.2) (0.0) (0.1)
Tangible Book Value excluding Other Equity (34.9) (25.3) (29.2) (31.1) (29.8) (10.4) (11.0) (12.4) (14.7) (14.4) (15.9) (6.3)
Benefit & Claims Reserves - Gross 57.7 57.7 57.7 57.7 57.7 57.7 57.7 57.7 57.7 63.2 65.7 54.2
Reinsurance Liabilities 17.7 17.7 17.7 17.7 17.7 17.7 17.7 17.7 17.7 17.7 17.7 17.7
Cash in Hand & with Banks - Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.2 0.0 0.1

Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 12 periods; the table above goes back further.