⚡ Flash Summary

Atlas Insurance Limited (ATIL) announced its financial results for the nine-month period ended September 30, 2025. The company declared an interim cash dividend of Rs. 2.50 per share, which translates to 25%. ATIL’s underwriting results showed a profit of PKR 878.62 million, while the profit after tax for the period stood at PKR 1,301.41 million, resulting in earnings per share of Rs. 8.71. The board has also decided to keep the bonus and right shares as Nil.

📌 Key Takeaways

• 💰 Interim cash dividend declared at Rs. 2.50 per share (25%).
• ❌ No bonus shares declared.
• ❌ No right shares declared.
• 📈 Net insurance premium increased to PKR 2,539.69 million from PKR 2,091.92 million YoY.
• ✅ Underwriting results showed a profit of PKR 878.62 million.
• 📊 Investment income increased to PKR 1,182.61 million.
• 💸 Profit before tax was PKR 2,157.62 million.
• 📉 Income tax expense was PKR 856.21 million.
• ✅ Profit after tax stood at PKR 1,301.41 million.
• ⭐ Earnings per share (EPS) reached Rs. 8.71.
• 🏦 Total Assets: PKR 25,119.76 million.
• 🏢 Total Equity: PKR 10,638.53 million.

🎯 Investment Thesis

Based on the current financial performance and the declared dividend, a HOLD recommendation is appropriate for ATIL. The company demonstrates profitability and growth potential. However, a more detailed valuation analysis and consideration of market conditions are necessary before making a BUY recommendation. A price target of PKR 100.00 with a time horizon of 12 months.