IGI Life Insurance Limited (PSX:IGIL)

IGI Life Insurance Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	12,327	13,635	13,095	7,686	5,800	6,787
Total Interest & Dividend Income	2,163	2,621	3,489	2,506	1,587	1,332
Gain (Loss) on Sale of Investments	1,157	1,026	993.18	419.51	19.42	-72.27
Other Revenue	140.73	145.2	152.87	154.05	88.88	111.38
Total Revenue	15,788	17,426	17,730	10,765	7,496	8,158
Revenue Growth (YoY)	-13.89%	-1.71%	64.70%	43.62%	-8.13%	3.52%
Policy Benefits	11,979	13,638	14,565	7,963	5,023	5,635
Policy Acquisition & Underwriting Costs	1,804	1,846	1,578	1,566	1,536	2,015
Selling, General & Administrative	1,391	1,349	1,178	1,013	876.52	971.47
Other Operating Expenses	15.01	11	8.8	8.89	8.89	8.01
Total Operating Expenses	15,189	16,843	17,330	10,550	7,444	8,630
Operating Income	599.52	583.55	399.61	214.66	51.69	-471.14
Interest Expense	-6.04	-4.88	-8.49	-11.37	-13.39	-11.43
Other Non Operating Income (Expenses)	-	-	-	-	-5.84	-11.29
EBT Excluding Unusual Items	593.48	578.68	391.12	203.3	32.46	-493.85
Gain (Loss) on Sale of Assets	14.7	14.7	10.99	21.57	27.71	1.62
Pretax Income	608.19	593.38	402.11	224.87	60.17	-492.24
Income Tax Expense	175.3	170	123.2	82.17	18.14	-143.08
Net Income	432.88	423.37	278.9	142.7	42.03	-349.16
Net Income to Common	432.88	423.37	278.9	142.7	42.03	-349.16
Net Income Growth	41.32%	51.80%	95.45%	239.52%	-	-
Shares Outstanding (Basic)	170	171	171	171	171	171
Shares Outstanding (Diluted)	170	171	171	171	171	171
Shares Change (YoY)	-0.23%	-	-	-	-	-
EPS (Basic)	2.54	2.48	1.64	0.84	0.25	-2.05
EPS (Diluted)	2.54	2.48	1.64	0.84	0.25	-2.05
EPS Growth	41.64%	51.80%	95.45%	239.52%	-	-
Free Cash Flow	-3,249	-843.39	4,724	578.22	-2,145	-1,026
Free Cash Flow Per Share	-19.09	-4.95	27.69	3.39	-12.58	-6.01
Operating Margin	3.80%	3.35%	2.25%	1.99%	0.69%	-5.78%
Profit Margin	2.74%	2.43%	1.57%	1.33%	0.56%	-4.28%
Free Cash Flow Margin	-20.58%	-4.84%	26.64%	5.37%	-28.62%	-12.57%
EBITDA	642.69	625.1	431.3	247.36	89.8	-429.46
EBITDA Margin	4.07%	3.59%	2.43%	2.30%	1.20%	-5.26%
D&A For EBITDA	43.17	41.55	31.69	32.7	38.11	41.67
EBIT	599.52	583.55	399.61	214.66	51.69	-471.14
EBIT Margin	3.80%	3.35%	2.25%	1.99%	0.69%	-5.78%
Effective Tax Rate	28.82%	28.65%	30.64%	36.54%	30.15%	-
Revenue as Reported	15,803	17,441	17,741	10,787	7,523	8,160

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.