Guardian Micro Life Insurance Achieves Rs. 2.74 Crores Net Profit with 990% Rise in Premium and 3812% Growth in Earnings in Q3
Tue, Apr 29, 2025 10:44 AM on Financial Analysis, Highlight News, Company Analysis,
Guardian Micro Life Insurance Limited (GMLI) has posted an impressive financial performance in the third quarter of fiscal year 2081/82, recording a staggering 3812.15% surge in net profit, which stood at Rs. 2.74 crores—up from just Rs. 7.01 lakhs in the corresponding quarter of the previous fiscal year.
The insurer's net premium income soared by 990.39%, reaching Rs. 19.48 crores compared to Rs. 1.78 crores in Q3 2080/81. Likewise, income from investment, loan, and other sources rose by 9.96%, totaling Rs. 3.99 crores. The life insurance fund also saw a significant growth of 440.56%, increasing from Rs. 2.34 crores to Rs. 12.65 crores.
On the expenditure side, the company paid out Rs. 13.53 crores in net claims—a massive 1211.13% increase from the previous year. Commission expenses also rose sharply by 1027.92%, totaling Rs. 2.10 crores.
Retained earnings jumped by 3211.83% to Rs. 1.9 crores, while catastrophe reserves rose by 1423.23%. The company's paid-up capital now stands at Rs. 75 crores, marking a 42.86% increase from the prior year. Its net worth per share slightly improved to Rs. 103.36 from Rs. 100.76, and the annualized EPS surged by 2638.51% to Rs. 4.88.
Guardian Micro Life Insurance’s PE ratio at the end of the quarter stood at a notably high 507.91.
Major Highlights:
* Figure is of the Immediate Fiscal Year Ending
| Particulars (In Rs '000) | Guardian Micro Life Insurance | ||
|---|---|---|---|
| Q3 2081/82 | Q3 2080/81 | Difference | |
| Paid Up Capital | 750,000.00 | 525,000.00* | 42.86% |
| Share Premium | 0.00 | 0.00 | - |
| Catastrophe Reserves | 2,935.69 | 192.73* | 1423.23% |
| Retained Earnings | 19,007.22 | 573.92* | 3211.83% |
| Other Equity | 3,256.41 | 3,248.61* | 0.24% |
| Life Insurance Fund | 126,524.06 | 23,405.99* | 440.56% |
| Investments | 874,884.33 | 520,700.00* | 68.02% |
| Net Premium | 194,818.10 | 17,866.75 | 990.39% |
| Income from Investment, Loan and others | 39,975.09 | 36,353.10 | 9.96% |
| Claim Payment (Net) | 135,374.85 | 10,325.04 | 1211.13% |
| Commission Expenses | 21,081.90 | 1,869.10 | 1027.92% |
| Net Profit | 27,429.58 | 701.14 | 3812.15% |
| Annualized EPS (In Rs.) | 4.88 | 0.18 | 2638.51% |
| Net Worth per Share (In Rs.) | 103.36 | 100.76 | 2.58% |
| PE Ratio | 507.91 | - | - |
