Shaheen Insurance Company Limited (PSX:SHNI)

Shaheen Insurance Company Balance Sheet

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

Assets

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
Investments in Debt Securities	224.82	224.34	283.74	-	-	87.18
Investments in Equity & Preferred Securities	144.27	0.71	0.32	114.74	164.04	66.78
Other Investments	-	35.55	33.68	30.1	27.19	-
Total Investments	546.77	580.38	875.55	312.17	358.48	309.21
Cash & Equivalents	233.96	251.46	281.49	722.76	477.82	396.63
Reinsurance Recoverable	556.8	459.26	397.81	228.73	146.98	72.45
Other Receivables	60.78	125.93	74.77	49.16	38.03	91.21
Property, Plant & Equipment	136.06	148.59	115.79	76.26	55.78	39.93
Other Intangible Assets	0.59	0.61	0.5	-	-	-
Other Current Assets	836.08	907.14	100.16	57.19	28.13	30.51
Long-Term Deferred Tax Assets	9.2	9.2	-	-	-	-
Long-Term Deferred Charges	58.25	69.34	93.44	42.57	29.15	15.51
Other Long-Term Assets	583.85	364.44	244.56	131.79	103.07	138.36
Total Assets	3,022	2,916	2,184	1,621	1,237	1,094

Liabilities

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
Accrued Expenses	158.31	201	178.88	154.98	109.57	102.08
Insurance & Annuity Liabilities	0.34	0.34	0.34	0.34	0.34	0.34
Unpaid Claims	309.15	253.24	196.68	207.56	128.96	85.85
Unearned Premiums	419.56	440.31	478.59	263.29	160.17	99.52
Reinsurance Payable	89.95	102.71	55.43	32.3	54.77	64.97
Current Portion of Leases	-	20.33	7.14	6.83	6.83	6.81
Current Income Taxes Payable	14.56	13.18	29.29	22.94	-	0.12
Long-Term Leases	42.03	29.25	9.25	12.58	12.48	19.65
Long-Term Deferred Tax Liabilities	-	0.39	-	-	-	-
Other Current Liabilities	9.02	8.53	6.88	5.43	6.9	6.2
Other Long-Term Liabilities	795.56	666.15	195.57	57.76	17.88	17.33
Total Liabilities	1,842	1,769	1,176	776.02	505.51	406.52

Shareholders' Equity

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
Common Stock	806.25	806.25	645	600	600	600
Retained Earnings	372.55	340.72	349.64	244.37	128.06	74.69
Comprehensive Income & Other	1.93	0.15	13.06	0.24	3.86	12.6
Shareholders' Equity	1,181	1,147	1,008	844.61	731.93	687.29
Total Liabilities & Equity	3,022	2,916	2,184	1,621	1,237	1,094

Additional Metrics

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
Filing Date Shares Outstanding	80.63	104.81	104.81	104.81	104.81	104.81
Total Common Shares Outstanding	80.63	104.81	104.81	104.81	104.81	104.81
Total Debt	42.03	49.57	16.39	19.42	19.32	26.46
Net Cash (Debt)	191.93	201.89	265.1	703.34	458.5	370.17
Net Cash Growth	-16.14%	-23.85%	-62.31%	53.40%	23.86%	-1.04%
Net Cash Per Share	1.83	1.93	2.53	6.71	4.37	3.53
Book Value Per Share	14.64	10.94	9.61	8.06	6.98	6.56
Tangible Book Value	1,180	1,147	1,007	844.61	731.93	687.29
Tangible Book Value Per Share	14.64	10.94	9.61	8.06	6.98	6.56
Machinery	-	209.95	188	142.2	106.77	86.37
Construction In Progress	-	1.55	1.37	0.16	6.53	2.2
Leasehold Improvements	-	2.54	2.66	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 27, 2026

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