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Insurance

PRIC Progressive Insurance Company Limited

Latest results: FY2024 · Dec 2024

Last close · 22 Apr 2009

Rs 1.13 0.00%

Annual · FY2016 – FY2024

Progressive Insurance Company Limited (PRIC) financial ratios

Progressive Insurance Company Limited earned a net margin of -14,066.8% in FY2024 against a five-year average of -9,204.6% (Insurance median 11.2%). Return on equity was -9.0%, compared with a sector median of 14.1%.

FY2024 vs the Insurance median

Net margin
-14,066.8%
Sector median 11.2%
Return on equity (ROE)
-9.0%
Sector median 14.1%
Return on assets (ROA)
-8.7%
Sector median 3.5%

Median of the 29 companies in the sector with the figure for their latest fiscal year.

PRIC financial ratios (annual) (Rs mn)
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
Profitability
Pre-tax margin (14,066.8%) (17,509.8%) (4,641.5%) — (600.1%) (581.3%) (177.7%) (23,812.4%) (950.2%)
Net margin (14,066.8%) (17,509.8%) (4,641.5%) — (600.1%) (581.3%) (177.7%) (23,812.4%) (950.2%)
Returns
Return on equity (ROE) (9.0%) (6.8%) (9.0%) (8.7%) (1.5%) (1.5%) (0.7%) (0.6%) —
Return on assets (ROA) (8.7%) (6.5%) (8.2%) (7.7%) (1.4%) (1.5%) (0.7%) (0.6%) —
Leverage
Debt to equity — — — 14.3% 7.8% 5.9% 4.0% 3.4% 3.2%
Debt to capital — — — 12.5% 7.2% 5.6% 3.8% 3.3% 3.1%
Debt to assets — — — 12.1% 7.2% 5.5% 3.8% 3.3% 3.1%
Assets to equity 1.03× 1.04× 1.11× 1.13× 1.08× 1.06× 1.04× 1.04× —

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

PRIC: frequently asked questions

What is PRIC's EPS?

Progressive Insurance Company Limited reported basic earnings per share of Rs -0.76 for FY2024 (Jan – Dec 2024).

Does PRIC pay dividends?

Progressive Insurance Company Limited did not declare a cash dividend for FY2024.

What was PRIC's total income and profit in FY2024?

Progressive Insurance Company Limited reported total income of Rs 87,677 and profit attributable to shareholders of -Rs 12.3 mn for FY2024 (Jan – Dec 2024).

What is PRIC's book value per share?

Progressive Insurance Company Limited's book value per share was Rs 8.40 at the end of FY2024. The shares trade at 0.13× book value.

Information only, not investment advice.