TPL Insurance Limited (PSX:TPLI)

TPL Insurance Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	4,042	3,422	3,076	2,970	2,398	2,163
Total Interest & Dividend Income	196.85	322.91	401.31	177.87	85.3	101.89
Gain (Loss) on Sale of Investments	66.04	65.91	44.15	-93	-6.63	13.1
Other Revenue	70.89	78.94	86.16	36.83	32.17	64.29
Total Revenue	4,375	3,890	3,607	3,092	2,508	2,342
Revenue Growth (YoY)	15.53%	7.83%	16.66%	23.27%	7.11%	2.34%
Policy Benefits	1,995	1,656	1,506	1,415	1,113	970.05
Policy Acquisition & Underwriting Costs	404.31	350.69	301.36	269.09	221.49	198.14
Selling, General & Administrative	1,576	1,382	1,428	1,113	912	862.98
Other Operating Expenses	262.56	327.21	252.82	224.05	195.94	196.73
Total Operating Expenses	4,238	3,716	3,489	3,021	2,487	2,252
Operating Income	137.26	173.68	118.34	70.99	21.55	89.93
Interest Expense	-16.09	-23.95	-19.69	-28.04	-24.56	-33.8
Currency Exchange Gain (Loss)	-	-	-	23.66	-	-
Other Non Operating Income (Expenses)	-5.03	-5.03	-5.02	-2.9	-2.23	-1.42
EBT Excluding Unusual Items	116.14	144.7	93.63	63.71	-5.23	54.7
Gain (Loss) on Sale of Assets	-	-	-	1.35	0.01	2.09
Other Unusual Items	-	-	1,079	-	-	22.71
Pretax Income	116.14	144.7	1,172	65.06	-5.22	79.51
Income Tax Expense	57.29	73.07	45.47	46.8	4.46	39.73
Net Income	58.85	71.63	1,127	18.26	-9.69	39.79
Net Income to Common	58.85	71.63	1,127	18.26	-9.69	39.79
Net Income Growth	-	-93.64%	6070.87%	-	-	30.39%
Shares Outstanding (Basic)	188	198	198	175	149	127
Shares Outstanding (Diluted)	188	198	198	175	149	127
Shares Change (YoY)	-3.81%	-	13.32%	17.25%	17.84%	-
EPS (Basic)	0.31	0.36	5.68	0.10	-0.06	0.31
EPS (Diluted)	0.31	0.36	5.68	0.10	-0.06	0.31
EPS Growth	-	-93.64%	5345.72%	-	-	30.39%
Free Cash Flow	166.13	184.62	-116.92	266.97	-179.86	479.08
Free Cash Flow Per Share	0.88	0.93	-0.59	1.52	-1.21	3.78
Dividend Per Share	-	-	3.000	-	-	-
Operating Margin	3.14%	4.46%	3.28%	2.30%	0.86%	3.84%
Profit Margin	1.34%	1.84%	31.24%	0.59%	-0.39%	1.70%
Free Cash Flow Margin	3.80%	4.75%	-3.24%	8.63%	-7.17%	20.46%
EBITDA	268.46	306.79	131.57	75.55	60.06	124.62
EBITDA Margin	6.14%	7.89%	3.65%	2.44%	2.39%	5.32%
D&A For EBITDA	131.2	133.11	13.23	4.56	38.5	34.69
EBIT	137.26	173.68	118.34	70.99	21.55	89.93
EBIT Margin	3.14%	4.46%	3.28%	2.30%	0.86%	3.84%
Effective Tax Rate	49.33%	50.50%	3.88%	71.93%	-	49.96%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.