Thinking to Invest in Asian life insurance company's shares ? See the company's performance in Q3

Asian Life Insurance has published the 3rd quarter report for the current fiscal year. 

As per the report, the company has earned a net profit of Rs 3.32 crores. The same was Rs 2.96 crores in the corresponding quarter of the previous fiscal year. ALICL currently has an EPS of Rs 5.15.

ALICL has collected a net premium of Rs 1.91 arba, the same was Rs 1.60 arba last year. Similarly, the net claims throughout the period amounted to Rs 1.21 crore, up from Rs 1.24 crore in the previous year. The company has 2.05 lakh policies, the same was 2.17 lakh last year. An overall growth is seen in major indicators of the company. 

The life insurance company paid a fee of Rs 2.17 crore to the agents. The same amounted to Rs 1.73 crores in the corresponding quarter of the previous fy. 

ALICL currently has a paid-up capital of Rs 80.05 crore with a general reserve of hefty Rs 22.31 crore. 

The last traded price is Rs 870.

Major Indicators :

Earning Per Share : Rs 5.15

P/E Ratio               : 127.13 times

Networth per Share: Rs 127.70