TPL Insurance Limited (PSX:TPLI)

TPL 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	4,598	4,299	3,422	3,076	2,970	2,398
Total Interest & Dividend Income	214.26	201.09	322.91	401.31	177.87	85.3
Gain (Loss) on Sale of Investments	6.31	6.31	65.91	44.15	-93	-6.63
Other Revenue	58.61	60.77	78.94	86.16	36.83	32.17
Total Revenue	4,877	4,567	3,890	3,607	3,092	2,508
Revenue Growth (YoY)	21.70%	17.40%	7.83%	16.66%	23.27%	7.11%
Policy Benefits	2,402	2,168	1,656	1,506	1,415	1,113
Policy Acquisition & Underwriting Costs	436.91	401.85	350.69	301.36	269.09	221.49
Selling, General & Administrative	1,704	1,644	1,382	1,428	1,113	912
Other Operating Expenses	355.07	350.43	327.21	252.82	224.05	195.94
Total Operating Expenses	4,899	4,564	3,716	3,489	3,021	2,487
Operating Income	-21.29	2.58	173.68	118.34	70.99	21.55
Interest Expense	-16.74	-16.5	-23.95	-19.69	-28.04	-24.56
Currency Exchange Gain (Loss)	-	-	-	-	23.66	-
Other Non Operating Income (Expenses)	-10.81	-10.81	-5.03	-5.02	-2.9	-2.23
EBT Excluding Unusual Items	-48.83	-24.73	144.7	93.63	63.71	-5.23
Gain (Loss) on Sale of Assets	80.52	80.52	-	-	1.35	0.01
Other Unusual Items	-	-	-	1,079	-	-
Pretax Income	31.68	55.79	144.7	1,172	65.06	-5.22
Income Tax Expense	-7	-1.84	73.07	45.47	46.8	4.46
Net Income	38.68	57.64	71.63	1,127	18.26	-9.69
Net Income to Common	38.68	57.64	71.63	1,127	18.26	-9.69
Net Income Growth	-13.72%	-19.53%	-93.64%	6070.87%	-	-
Shares Outstanding (Basic)	201	199	199	198	175	149
Shares Outstanding (Diluted)	201	199	199	198	175	149
Shares Change (YoY)	-0.02%	-	0.13%	13.32%	17.25%	17.84%
EPS (Basic)	0.19	0.29	0.36	5.68	0.10	-0.06
EPS (Diluted)	0.19	0.29	0.36	5.68	0.10	-0.06
EPS Growth	-13.70%	-19.53%	-93.65%	5345.72%	-	-
Free Cash Flow	664.57	170.23	184.62	-116.92	266.97	-179.86
Free Cash Flow Per Share	3.31	0.86	0.93	-0.59	1.52	-1.21
Dividend Per Share	-	-	-	3.000	-	-
Operating Margin	-0.44%	0.06%	4.46%	3.28%	2.30%	0.86%
Profit Margin	0.79%	1.26%	1.84%	31.24%	0.59%	-0.39%
Free Cash Flow Margin	13.63%	3.73%	4.75%	-3.24%	8.63%	-7.17%
EBITDA	98.51	133.14	306.79	131.57	75.55	60.06
EBITDA Margin	2.02%	2.92%	7.89%	3.65%	2.44%	2.39%
D&A For EBITDA	119.79	130.56	133.11	13.23	4.56	38.5
EBIT	-21.29	2.58	173.68	118.34	70.99	21.55
EBIT Margin	-0.44%	0.06%	4.46%	3.28%	2.30%	0.86%
Effective Tax Rate	-	-	50.50%	3.88%	71.93%	-

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