Stock Market: The KSE-100 index, Pakistan's main stock market index, closed at 71,103 points level at the end of Apr-2024. Compared with Mar- 2024 closing of 67,005 points, performance remained positive, as the index touched the unprecedented mark of 75k+.
Inflation: Pakistan's headline inflation number, the National Consumer Price Inflation (NCPI), stood at 17.3% in Apr-2024, showing further decrease from the previous month's reading of 20.7%. On a month-on- month basis, inflation decreased by 0.4% in Apr-2024, compared to an increase of 1.7% in March-24, the decline was mainly due to slightly lower Food & Non-alcoholic Bev., housing and utilities costs.
Policy Rate: The SBP policy rate is at ~22.0% currently. The SBP has maintained the interest rate in its last monetary policy. The committee stated that despite the sharp deceleration in Feb-2024, the level of inflation remains high, and its outlook is susceptible to risks amidst elevated inflation expectations.
USD/PKR: Measures taken by Government and SBP including tightened security along the border to prevent currency smuggling and closure of exchange companies involved in illegal activities led the rupee to appreciate by ~1.4%, from PKR 281.9 to PKR 279.0 against the USD in inter bank.
Contents
Macro economic overview
Company Overview
Investment portfolio performance
Financial Highlights
Questions & Answers
About IGI Holdings Limited
Public Listed Company - operating as an investment holding company
Has investments in financial services, packaging, food and beverage, household cleaning products, pharma and IT companies
Has Credit Rating AA (Long Term) and A1+ (Short term) by PACRA.
IGI Holdings Limited
IGI General
IGI Investments
IGI Life
IGI Finex
Insurance
Insurance
(Pvt.) Limited
Securities Limited
Limited
Limited
100%
100%
82.69%
100%
IGI FSI (Pvt.)
Limited
100%
PHARMA
IT
OTHERS
4%
0%
8%
REAL ESTATE
2%
FINANCIAL SERVICES 6%
FMCG
57%
PACKAGING
23%
IGI HOLDINGS LIMITED
Standalone financial performance
IGI HOLDINGS
PROFIT AND LOSS - 2023 VS 2022
Dividend Income
Profit before tax
Rs. 1,586 m vs Rs. 1,381 m
Rs. 1,253 m vs Rs. 933 m
Profit after tax
Earnings per share
Rs. 1,318 m vs Rs. 912 m
Rs. 9.24 vs Rs. 6.39
IGI HOLDINGS
BALANCE SHEET 2023 vs 2022
Total assets
Total liabilities
Rs. 16,179 m vs Rs. 16,042 m
Rs. 888 m vs Rs. 1,530 m
Short term loan
Total equity
Rs. 573 m vs Rs. 1,112 m
Rs. 15,291 m vs Rs. 14,512 m
2022 Final Dividend paid @ Rs. 2.25 per share (Rs. 321 M)
2023 Interim Dividend paid @ Rs. 2 per share (Rs 285 M)
Dividend per Share
6
6
5.5
5
199
4.25
4
3
76
48
48
72
67
65
2017
2018
2019
2020
2021
2022
2023
Dividend per share (Rs.)
Payout ratio (%)
Contents
Macro economic overview
Company Overview
Investment portfolio performance
Financial Highlights
Questions & Answers
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IGI Holdings Ltd. published this content on
24 May 2024 and is solely responsible for the information contained therein. Distributed by
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24 May 2024 10:29:18 UTC.
IGI Holdings Limited is a Pakistan-based investment holding company. The Company operates through four business units: Conventional Business, Takaful Business, Life Business and Family Takaful. Its Conventional Business includes Non-Life Business, and Brokerage and Investment Business. Its Takaful Business includes five primary business segments, such as fire, marine, health, motor, and miscellaneous. Its Life Business include The Life (participating) segment, The Life (non-participating) segment, The Life (non-participating) Group segment, The Investment Linked business segment, The Accident and Health - Individual segment, The Accident and Health - Group segment and The Pension Fund segment. Its Family Takaful business includes the individual family, the group family, and the group health takaful business segment. The Companyâs subsidiaries include IGI General Insurance Limited, IGI Investments (Private) Limited, IGI Life Insurance Limited, and IGI Finex Securities Limited.
IGI HOLDINGS LIMITED 
