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Compare Watch

IGIHL

HOLD

IGI Holdings Limited

Insurance · 0.15% of the KSE-100

Price

Rs 98.51

Market cap

Rs 5.1bn

12-month return

-4.8%

Rank

32 of 101

59composite

Rule-based58

ML ranker61

Conviction73

Why the engine ranks it here

IGI Holdings Limited (IGIHL) screens as fairly valued against the rest of the KSE-100, ranking 32 of 101 on a composite score of 59/100.

IGI Holdings Limited sits in the Insurance sector and scores best on profitability & earnings quality (66/100), weakest on price trend (46/100). At PKR 98.51 the shares trade on a P/E of 0.4x, 0.10x book, a 60.0% dividend yield. The Piotroski F-Score is 7 of 9 (strong) and the Altman Z''-Score is not applicable to financials.

What it does well

IGIHL backs its reported profit with 20.00x of operating cash.

Profitability & earnings quality

IGIHL reports conservative accruals at -126.3% of assets.

Profitability & earnings quality

IGIHL runs a 24.8% operating margin.

Profitability & earnings quality

What holds it back

IGIHL carries heavy debt at 1.08x of equity.

Balance-sheet strength

IGIHL is stretched at 1.8x net debt to EBITDA.

Balance-sheet strength

IGIHL earnings moved 6.1% year on year.

Growth

What would change this view

→ the price reclaiming its 200-day average on rising volume

Five-pillar breakdown

Each pillar scores the company against sector peers, where 50 is the sector average.

Profitability & earnings quality30% weight66

Valuation25% weight62

Balance-sheet strength20% weight49

Growth15% weight54

Price trend10% weight46

The classic screens

Piotroski tests nine accounting facts about improvement; Altman scores the distance from financial distress.

Piotroski F-Score

7 / 9

strong · 7 of 9 tests passed

Altman Z''-Score

n/a

Not applicable to banks and insurers

Profitable on assets

ROA 6.0%

Cash generative

CFO PKR 248,987m

Returns improving

ROA 6.0% vs 5.7% a year ago

Earnings backed by cash

CFO PKR 248,987m vs profit PKR 11,314m

Deleveraging

debt/assets 0.26 vs 0.31

Capital strengthening

equity/assets 23.8% vs 23.8%

Spread widening

net margin 15.2% vs 15.1%

Balance sheet productivity

revenue/assets 0.360 vs 0.417

No shareholder dilution

51m shares vs 51m

Price history

Weekly closes. Beta 0.80 against the index, annualised volatility 37%, RSI 43.

+24.3% over this window

Reported accounts

The last twelve quarters as filed, in PKR millions. The publication date is what the engine uses to decide when a figure became knowable.

Quarter	Revenue	Gross profit	Operating	Net income	EPS	Filed
2025 Q4	Rs 19.7bn	Rs 12.2bn	Rs 4.9bn	Rs 3.0bn	58.47	2026-04-30
2025 Q3	Rs 19.7bn	Rs 12.2bn	Rs 4.9bn	Rs 3.0bn	58.69	2025-11-14
2025 Q2	Rs 20.2bn	Rs 12.6bn	Rs 5.0bn	Rs 3.1bn	60.04	2025-08-14
2025 Q1	Rs 18.6bn	Rs 11.5bn	Rs 4.6bn	Rs 2.8bn	54.39	2025-05-15
2024 Q4	Rs 16.2bn	Rs 10.0bn	Rs 4.0bn	Rs 2.4bn	47.01	2025-04-30
2024 Q3	Rs 16.1bn	Rs 10.0bn	Rs 4.0bn	Rs 2.4bn	47.11	2024-11-14
2024 Q2	Rs 18.2bn	Rs 11.3bn	Rs 4.5bn	Rs 2.7bn	53.33	2024-08-14
2024 Q1	Rs 18.6bn	Rs 11.5bn	Rs 4.6bn	Rs 2.8bn	54.29	2024-05-15
2023 Q4	Rs 17.8bn	Rs 11.0bn	Rs 4.4bn	Rs 2.7bn	52.73	2024-04-29
2023 Q3	Rs 19.2bn	Rs 11.9bn	Rs 4.8bn	Rs 3.0bn	57.82	2023-11-14
2023 Q2	Rs 20.1bn	Rs 12.5bn	Rs 5.0bn	Rs 3.1bn	60.23	2023-08-14
2023 Q1	Rs 18.8bn	Rs 11.7bn	Rs 4.7bn	Rs 2.9bn	55.86	2023-05-15

Ranked against Insurance

Every peer in the same sector, ordered by composite score. These are the companies whose ratios set this one's z-scores.

AICLAdamjee Insurance Company0.2x75

IGIHLIGI Holdings Limited0.5x59

EFUGEFU General Insurance0.3x49

Scored as of 31 December 2025. Generated by an automated screen for research and educational use. Not investment advice, and not a substitute for a SECP-licensed adviser.