Igi Holdings Limited · PSX:IGIHL
Igi — Investor Presentation (May 2022)
33 slides from Igi's investor presentation, May 17, 2022
Slide 1: Corporate Briefing Session
Corporate Briefing Session IGI Holdings Limited May 17, 2022 Creating a IGI Holdings better tomorrow Limited
Slide 2: Content
Content 1. Company Overview 2. Investment Portfolio 3. Financial Highlights 4. Questions & Answers Creating a IGI Holdings better tomorrow Limited
Slide 3: Economic Overview
Economic Overview Inflation vs Discount Rate of Pakistan 13.4% 13.0% 12.7% 12.3% 12.2% 11.5% 11.1% 10.9% 9.7% 9.2% 9.1% 9.0% 8.7% 8.4% 8.4% 12.25% 7% 5.7% 9.75% 9.75% 10% 10% 8.75% 7.25% 7.25% 7% 7% 7% 7% 7% 7% 7% 31-Jan-21 30-Apr-21 31-Jul-21 31-Oct-21 31-Jan-22 30-Apr-22 Inflation Rate Pakistan Di
Slide 4: About IGI Holdings Limited
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. FINANCIAL REAL
Slide 5: Standalone financial performance
Standalone financial performance Year ended December 31, 2021 Creating a IGI Holdings better tomorrow Limited
Slide 6: Profit and Loss – December 31, 2021 vs 2020
IGI Holdings Profit and Loss – December 31, 2021 vs 2020 Dividend Income Profit before tax Rs. 1,260 m vs Rs. 1,110 m Rs. 1,099 m vs Rs. 975 m Profit after tax Earnings per share Rs. 1,090 m vs Rs. 944 m Rs. 7.64 vs Rs. 6.62 Creating a IGI Holdings better tomorrow Limited
Slide 7: IGI Holdings Balance Sheet
IGI Holdings Balance Sheet 2020 Final Dividend paid @ Rs. 5 per share (Rs. 713 M) Dec 31, 2020 Dec 31, 2021 Assets 2021 Interim Dividend paid @ Rs. 2 per share (Rs 285 M) Investment in subsidiaries 15,837,753 15,852,412 Dividend receivable 150,000 - Long term loan installment repaid Rs 300 M Tax rec
Slide 8: Content
Content 1. Company Overview 2. Investment Portfolio Performance 3. Financial Highlights 4. Questions & Answers Creating a IGI Holdings better tomorrow Limited
Slide 9: IGI General Insurance Limited
IGI General Insurance Limited Creating a IGI Holdings better tomorrow Limited
Slide 10: Product Portfolio
Product Portfolio FY 2021 GWP Rs. 8.5 billion (42% YoY Growth) Property Market share & Casualty Health ~7.6% Motor Misc. Fire Travel 19% 30% Health Engineering 15% & Bond Takaful Marine Motor 11% 25% Marine Liability Creating a IGI Holdings better tomorrow Limited
Slide 11: Major Customers
Major Customers Creating a IGI Holdings better tomorrow Limited
Slide 12: Financial Highlights – December 31, 2021 vs 2020
Financial Highlights – December 31, 2021 vs 2020 Gross Written Premiums Net Premium Revenue Rs. 8,511 m vs 6,014 m Rs. 2,716 m vs Rs. 2,321 m Underwriting profit (incl. Takaful) Investment Income Rs. 392 m vs 343 m Rs. 182 m vs Rs. 369 m Profit before Tax Profit after Tax Rs. 603 m vs Rs. 685 m Rs.
Slide 13: IGI Investments (Pvt.) Limited
IGI Investments (Pvt.) Limited Creating a IGI Holdings better tomorrow Limited
Slide 14: About IGI Investments
About IGI Investments • Operating as an investment holding company PACKAGING FINANCIAL REAL ESTATE 30% SERVICES 2% • Has an investment base of Rs. 47 billion (Book Value Rs. 16 0% PHARMA billion) 4% IT • Has investments in packaging, FMCG pharma, real estate and 9% IT sectors • During the year 2021,
Slide 15: Investment Portfolio
INVESTMENT PORTFOLIO IGI Investments 29.9% 24.8% 9.7% 9.75% 19.1% 3.8% 0.85% 0.5% Packages Nestle Coca Cola Packages Tri-Pack Sanofi Systems Siemens Other Real Pakistan Beverages Investments Limited Films Ltd Aventis Limited Engg. Estate Ltd Ltd Creating a IGI Holdings better tomorrow Limited
Slide 16: Financial Highlights – December 31, 2021 vs 2020
Financial Highlights – December 31, 2021 vs 2020 Dividend Income Profit after Tax Rs. 1,825 m vs Rs. 1,143 m Rs. 1,351 m vs Rs. 727 m Investments Equity Rs. 40,061 m vs Rs. 41,613 m Rs. 38,105 m vs Rs. 39,468 m Creating a IGI Holdings better tomorrow Limited
Slide 17: IGI Life Insurance Limited
IGI Life Insurance Limited Creating a IGI Holdings better tomorrow Limited
Slide 18: Product Suite
Product Suite of Conventional Unit Linked Individual Life Savings Insurance Attempting to Disrupt Products Plans Plans through “Innovation” Brought in Vitality Individual Medical to Pakistan Accidental Coverage and Health Products Plans Corporate Group Group Life Employee Medical Insurance Benefit C
Slide 19: Our Business Partners
Our Business Partners Banca Partners Reinsurance • Standard Partners Chartered Bank Corporate • Hannover Re • Bank Alfalah Relations • Munich Re • Soneri Bank Over 500 • Silk Bank Relations • Dubai Islamic Bank Creating a IGI Holdings better tomorrow Limited
Slide 20: Gross Premium Analysis
Gross Premium Analysis Overall Gross Premium Rs. 7,056 million FY 2021 GROSS PREMIUM Corporate Agency 27% 31% Banca 42% Creating a IGI Holdings better tomorrow Limited
Slide 21: Profit and Loss Account For the year ended December 31, 2021
Profit and Loss Account For the year ended December 31, 2021 December 31, December 31, Description 2021 2020 The past year has also been very challenging due to COVID-19 pandemic Rupees in 000's which has caused immense stress and disruptions of many businesses. Gross Premium 7,056,672 6,160,785 Gro
Slide 22: IGI Finex Securities Limited
IGI Finex Securities Limited Creating a IGI Holdings better tomorrow Limited
Slide 23: Introduction to IGI Securities
Introduction to IGI Securities Established in 1994; Serving for 25 years. TREC holder of Pakistan Stock Exchange; Corporate member Islamabad of Pakistan Mercantile Exchange. Lahore Faisalabad Multan Branch network in Karachi, Lahore, Islamabad, Faisalabad, Rahim Yar Khan & Multan Rahim Yar Kha
Slide 24: Products and Services
Products and Services Equity Brokerage 10,000+ clients in more than 60 cities across Pakistan as well as abroad; Comprising institutions, corporate, high net worth and retail investors. Market share of +/- 3%. Commodity Brokerage Commodity brokerage service provided by IGI Securities offers trading
Slide 25: Retail Footprint
Retail Footprint Offering online trading to clientele through iTrade (Internet & Mobile Trading) Client base spread over 60 cities across Pakistan as well as abroad Over 10,000 retail accounts City Wise Client Distribution Karachi Lahore Faisalabad Islamabad Rawalpindi Multan Peshwae Sialkot Others
Slide 26: Financial Highlights – 2021 vs 2020
Financial Highlights – 2021vs 2020 PKR mn 2021 2020 % change Average daliy volume (No. of shares) - PKR mn 558 389 43% Average daily value (Rs.) PKR - bn 22 15 47% Rupees ---- in ‘000 Rupees ----- Operating revenue 287,116 186,970 54% Other income / (expenses) 39,271 39,346 0% 326,387 226,316 44% Ad
Slide 27: Content
Content 1. Company Overview 2. Investment Portfolio Performance 3. Financial Highlights 4. Questions & Answers Creating a IGI Holdings better tomorrow Limited
Slide 28: Consolidated financial performance of the Group
Consolidated financial performance of the Group Year ended December 31, 2021 Creating a IGI Holdings better tomorrow Limited
Slide 29: IGI Holdings consolidated results
IGI Holdings consolidated results FY 2021 vs 2020 Revenue Profit before tax Rs. 12,661 m vs Rs. 11,498 m Rs. 3,159 m vs Rs. 2,222 m Profit after tax attributable to Parent Earnings per share Rs. 2,650 m vs Rs. 1,737 m Rs. 18.58 vs Rs. 12.18 Creating a IGI Holdings better tomorrow Limited
Slide 30: IGI Holdings - Consolidated Profit and Loss
IGI Holdings - Consolidated Profit Rupees in millions and Loss Increase in profitability of Packages / Packages Convertors and Bulleh Shah by Rs. 2.3b (IGI Share: Rs 681m). Packages Mall earned profit of Rs 179m in 2021 vs loss of Rs. 308m in 2020 . (IGI Share: Rs. 121m). Decrease in investment Loss
Slide 31: Content
Content 1. Company Overview 2. Investment Portfolio Performance 3. Financial Highlights 4. Questions & Answers Creating a IGI Holdings better tomorrow Limited
Slide 32: Important Disclaimer
Important Disclaimer THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT This presentation has been prepared by IGI Holdings Limited (“IGI Holdings”) solely for information purposes. No representation or warranty express or implied is made th
Slide 33: Thank you
Thank you Creating a IGI Holdings better tomorrow Limited