Habib Insurance Company Income Statement

Financials in millions PKR. Fiscal year is January - December.

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	1,703	1,488	1,509	1,228	805.99
Total Interest & Dividend Income	317.3	311.63	296.16	183.47	116.14
Gain (Loss) on Sale of Investments	115.98	195.57	38.35	-49.6	27.96
Other Revenue	10.18	97.04	47.96	16.92	12.86
Total Revenue	2,146	2,092	1,891	1,379	962.95
Revenue Growth (YoY)	2.58%	10.64%	37.14%	43.20%	14.77%
Policy Benefits	1,071	934.29	951.9	627.31	380.26
Policy Acquisition & Underwriting Costs	543.55	499.55	442.46	346.82	237.55
Selling, General & Administrative	912.25	877.04	814.9	727.08	518.13
Other Operating Expenses	-182.84	-163.01	-139.11	-56.09	-14.57
Reinsurance Income or Expense	372.92	414.29	351.03	391.54	258.84
Total Operating Expenses	1,971	1,734	1,719	1,254	862.53
Operating Income	175.04	358.61	171.9	125.34	100.42
Interest Expense	-6.07	-8.08	-9.12	-3.28	-10.92
Other Non Operating Income (Expenses)	-	-	-3.2	-3.2	-3.2
EBT Excluding Unusual Items	168.96	350.53	159.58	118.86	86.3
Gain (Loss) on Sale of Assets	0.08	0.8	0.16	2.08	61.36
Other Unusual Items	-	24.21	-	20.26	-
Pretax Income	169.04	375.55	159.74	141.2	147.66
Income Tax Expense	51.01	138.7	46.96	30.11	40.63
Net Income	118.03	236.85	112.78	111.09	107.02
Net Income to Common	118.03	236.85	112.78	111.09	107.02
Net Income Growth	-50.17%	110.01%	1.52%	3.80%	73.56%
Shares Outstanding (Basic)	124	124	124	124	124
Shares Outstanding (Diluted)	124	124	124	124	124
EPS (Basic)	0.95	1.91	0.91	0.90	0.86
EPS (Diluted)	0.95	1.91	0.91	0.90	0.86
EPS Growth	-50.17%	110.01%	1.52%	3.80%	73.56%
Free Cash Flow	-182.38	-227.67	-635.64	569.19	-51.3
Free Cash Flow Per Share	-1.47	-1.84	-5.13	4.59	-0.41
Dividend Per Share	0.625	1.000	0.625	0.625	0.625
Dividend Growth	-37.50%	60.00%	-	-	25.00%
Operating Margin	8.15%	17.14%	9.09%	9.09%	10.43%
Profit Margin	5.50%	11.32%	5.96%	8.06%	11.11%
Free Cash Flow Margin	-8.50%	-10.88%	-33.61%	41.28%	-5.33%
EBITDA	191.18	374.34	184.17	133.93	124.21
EBITDA Margin	8.91%	17.89%	9.74%	9.71%	12.90%
D&A For EBITDA	16.14	15.73	12.27	8.59	23.79
EBIT	175.04	358.61	171.9	125.34	100.42
EBIT Margin	8.15%	17.14%	9.09%	9.09%	10.43%
Effective Tax Rate	30.18%	36.93%	29.40%	21.32%	27.52%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.