Last close · 22 Apr 2009
Rs 1.13 0.00%
Financials
Progressive Insurance Company Limited (PRIC) financials
9 years of annual results (FY2016 – FY2024), 14 quarters.
Progressive Insurance Company Limited (PRIC) reported total income of Rs 87,677 for FY2024 (Jan – Dec 2024), up 75.5% from FY2023.
It made a loss of Rs 12.3 mn attributable to shareholders (EPS Rs -0.76).
No cash dividend was declared for FY2024.
Return on equity was -9.0%.
Over the last five years total income grew at a compound -22.2% a year.
At Rs 1.13 (close on 22 Apr 2009) the shares trade at 0.13× book value.
Fundamentals
PRIC at a glance
Net premium earned · FY2024
Rs 0
Profit attributable to shareholders · FY2024
-Rs 12.3 mn
EPS – basic (Rs) · FY2024
Rs -0.76
Dividend per share (Rs) · FY2024
Rs 0.00
Investments · FY2024
Rs 3.8 mn
▲ 3.1% year on year
Return on equity (ROE) · FY2024
-9.0%
-2.2 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Total income · FY2024
- Rs 87,677
- Profit attributable · FY2024
- -Rs 12.3 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2024
- Rs 139.9 mn
- Equity · FY2024
- Rs 135.6 mn
Financial highlights
PRIC financial results
| Rs mn | FY2024 * Jan – Dec 2024 | FY2023 * Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 * Jan – Dec 2020 | FY2019 * Jan – Dec 2019 | FY2018 * Jan – Dec 2018 | FY2017 * Jan – Dec 2017 | FY2016 * Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Net premium earned | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Investment income (net) | 0.1 | 0.0 | 0.2 | (0.1) | 0.3 | 0.3 | 0.5 | 0.0 | 0.0 |
| Net claims & benefits | — | — | — | — | — | — | — | 0.0 | 0.0 |
| Profit before tax | (12.3) | (8.7) | (10.0) | (9.5) | (1.8) | (1.8) | (0.8) | (0.7) | (0.2) |
| Profit attributable to shareholders | (12.3) | (8.7) | (10.0) | (9.5) | (1.8) | (1.8) | (0.8) | (0.7) | (0.2) |
| EPS – basic (Rs) Rs | (0.76) | (0.53) | (0.62) | (0.59) | (0.11) | (0.11) | (0.05) | (0.04) | (0.01) |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.8 | 3.7 | 3.5 | 3.9 | 115.4 | 115.1 | 115.0 | 112.0 | 112.4 |
| Total assets | 139.9 | 144.4 | 122.8 | 122.9 | 123.3 | 122.4 | 122.3 | 120.7 | 121.1 |
| Total equity | 135.6 | 139.5 | 118.3 | 103.9 | 113.5 | 114.8 | 116.8 | 115.9 | 116.6 |
| Rs mn | Q4 FY2023 Oct – Dec 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 |
|---|---|---|---|---|---|---|---|---|
| Net premium earned | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Investment income (net) | — | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | (0.1) | (0.1) |
| Profit before tax | — | (2.5) | (3.8) | (2.2) | (2.0) | (1.9) | (2.4) | (2.3) |
| Profit attributable to shareholders | — | (2.5) | (3.8) | (2.2) | (2.0) | (1.9) | (2.4) | (2.3) |
| EPS – basic (Rs) Rs | — | (0.15) | (0.24) | (0.14) | (0.13) | (0.12) | (0.15) | (0.14) |
| Dividend per share (Rs) Rs | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.7 | 115.0 | 3.5 | 3.6 | 3.7 | 3.8 | 3.9 | — |
| Total assets | 144.4 | 145.0 | 122.8 | 144.9 | 122.9 | 124.6 | 122.9 | — |
| Total equity | 139.5 | 140.8 | 118.3 | 140.7 | 118.7 | 120.5 | 103.9 | — |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. * Some FY2024 figures do not fully reconcile in the source data. Updated 16 Oct 2026.