Reliance Insurance Company Limited (RICL) financial ratios

Reliance Insurance Company Limited earned a net margin of 54.0% in FY2025 against a five-year average of 28.5% (Insurance median 11.2%). Return on equity was 25.4%, compared with a sector median of 14.1%.

FY2025 vs the Insurance median

Net margin: 54.0%; Sector median 11.2%
Return on equity (ROE): 25.4%; Sector median 14.1%
Return on assets (ROA): 13.8%; Sector median 3.5%
Dividend payout ratio: 0.0%; Sector median 0.0%

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

RICL financial ratios (annual) (Rs mn)
Rs mn	FY2025 Jan – Dec 2025	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	64.8%	57.6%	36.4%	15.8%	18.7%	11.6%	21.9%	15.2%	(5.5%)	25.2%
Net margin	54.0%	39.8%	24.3%	10.3%	14.0%	9.5%	16.2%	12.4%	(12.2%)	22.0%
Effective tax rate	16.6%	30.8%	33.1%	34.8%	24.8%	18.0%	26.1%	18.5%	—	12.9%
Returns
Return on equity (ROE)	25.4%	21.6%	15.1%	4.2%	5.2%	7.1%	8.0%	5.9%	(4.7%)	—
Return on assets (ROA)	13.8%	11.5%	8.2%	2.4%	3.0%	4.1%	4.4%	2.8%	(2.2%)	—
Leverage
Assets to equity	1.85×	1.88×	1.84×	1.77×	1.74×	1.71×	1.82×	2.08×	2.17×	—
Dividends
Dividend payout ratio	0.0%	22.0%	18.4%	68.4%	0.0%	0.0%	0.0%	0.0%	—	21.4%
Earnings retention rate	1.00×	0.78×	0.82×	0.32×	1.00×	1.00×	1.00×	1.00×	—	0.79×

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.

RICL: frequently asked questions

What is RICL's EPS?

Reliance Insurance Company Limited reported basic earnings per share of Rs 3.56 for FY2025 (Jan – Dec 2025). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 3.92.

What is RICL's P/E ratio?

At the closing price of Rs 11.51 on 16 Oct 2026, RICL trades at a P/E of 2.9× based on EPS of Rs 3.92 (TTM to Jun 2026).

Does RICL pay dividends?

Reliance Insurance Company Limited did not declare a cash dividend for FY2025.

What was RICL's total income and profit in FY2025?

Reliance Insurance Company Limited reported total income of Rs 860.5 mn and profit attributable to shareholders of Rs 464.9 mn for FY2025 (Jan – Dec 2025).

What is RICL's book value per share?

Reliance Insurance Company Limited's book value per share was Rs 15.95 at the end of FY2025. The shares trade at 0.66× book value.

Information only, not investment advice.