DSE : GREENDELT
Green Delta Insurance PLC. — Financial statements
Insurance Carriers · Bangladesh
Last price 62.2 BDT (At close: Oct 29, 2026) · Market cap 6.23B
Latest research: Green Delta Insurance financial analysis: 38.9% combined ratio, Tk 3.99bn reinsurance receivable (Oct 2026) · Green Delta Insurance: a 38.9% combined ratio built on reinsurance, with Tk 3.99bn due from reinsurers and overdraft costs above investment income
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Technical report: trend, RSI, support and resistance, charts
Financial statements
Income statement
Fiscal year January - December; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Premiums & Annuity Revenue | 2.38B | 2.29B | 1.78B | 1.88B | 1.72B | 1.55B |
| Total Interest & Dividend Income | 416.39M | 507.18M | 396.13M | 354.01M | 379.89M | 431.17M |
| Other Revenue | 1.01B | 1.01B | 799.04M | 825.52M | 758.73M | 747.47M |
| Total Revenue | 3.81B | 3.81B | 2.98B | 3.06B | 2.86B | 2.73B |
| Policy Benefits | 562.63M | 562.63M | 280.05M | 539.17M | 376.90M | 104.49M |
| Policy Acquisition & Underwriting Costs | 526.75M | 526.75M | 352.58M | 342.84M | 295.53M | 209.72M |
| Depreciation & Amortization | 71.50M | 71.50M | 63.73M | 60.14M | 58.83M | 52.11M |
| Selling, General & Administrative | 1.49B | 1.65B | 1.42B | 1.18B | 1.04B | 995.49M |
| Total Operating Expenses | 2.79B | 2.86B | 2.11B | 2.13B | 1.77B | 1.36B |
| Operating Income | 1.02B | 950.50M | 864.53M | 936.60M | 1.09B | 1.36B |
| Other Non Operating Income (Expenses) | -47.11M | -676.80K | -730.50K | -883.90K | 9.17M | -14.67M |
| EBT Excluding Unusual Items | 973.49M | 949.83M | 863.80M | 935.72M | 1.10B | 1.35B |
| Other Unusual Items | -114.67M | -114.67M | -178.27M | -94.11M | -86.13M | -77.34M |
| Pretax Income | 858.82M | 835.16M | 685.53M | 841.61M | 1.01B | 1.27B |
| Income Tax Expense | 370.88M | 324.38M | 307.85M | 306.72M | 351.80M | 504.29M |
| Earnings From Continuing Ops. | 487.94M | 510.78M | 377.68M | 534.89M | 659.09M | 767.35M |
| Minority Interest in Earnings | 12.62K | 12.62K | 6.99K | 1.94K | -1.74K | 1.32K |
| Net Income | 487.95M | 510.79M | 377.69M | 534.90M | 659.08M | 767.35M |
| Net Income to Common | 487.95M | 510.79M | 377.69M | 534.90M | 659.08M | 767.35M |
| Shares Outstanding (Basic) | 100.22M | 100.19M | 100.19M | 100.19M | 100.19M | 100.19M |
| Shares Outstanding (Diluted) | 100.22M | 100.19M | 100.19M | 100.19M | 100.19M | 100.19M |
| EPS (Basic) | 4.87 | 5.10 | 3.77 | 5.34 | 6.58 | 7.66 |
| EPS (Diluted) | 4.87 | 5.10 | 3.77 | 5.34 | 6.58 | 7.66 |
| Free Cash Flow | 457.32M | 809.55M | 119.12M | 595.35M | 510.69M | -251.19M |
| Free Cash Flow Per Share | 4.56 | 8.08 | 1.19 | 5.94 | 5.10 | -2.51 |
| Dividend Per Share | 2.70 | 2.50 | 2.50 | 2.50 | 3.00 | |
| Operating Margin | 26.81% | 24.92% | 29.03% | 30.59% | 38.02% | 50.03% |
| Profit Margin | 12.82% | 13.39% | 12.68% | 17.47% | 23.04% | 28.16% |
| Free Cash Flow Margin | 12.01% | 21.23% | 4.00% | 19.45% | 17.85% | -9.22% |
| EBITDA | 1.09B | 1.02B | 928.03M | 996.62M | 1.15B | 1.42B |
| EBITDA Margin | 28.59% | 26.67% | 31.16% | 32.55% | 40.07% | 51.94% |
| D&A For EBITDA | 67.98M | 66.48M | 63.50M | 60.02M | 58.63M | 52.10M |
| EBIT | 1.02B | 950.50M | 864.53M | 936.60M | 1.09B | 1.36B |
| EBIT Margin | 26.81% | 24.92% | 29.03% | 30.59% | 38.02% | 50.03% |
| Effective Tax Rate | 43.19% | 38.84% | 44.91% | 36.44% | 34.80% | 39.66% |
Balance sheet
Fiscal year January - December; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Investments in Equity & Preferred Securities | 93.47M | 96.41M | 99.76M | 111.42M | 87.22M | 96.43M |
| Other Investments | 4.37B | 4.10B | 4.31B | 4.81B | 3.46B | 3.80B |
| Total Investments | 4.47B | 4.76B | 4.98B | 5.50B | 4.13B | 4.48B |
| Cash & Equivalents | 2.12B | 2.04B | 1.54B | 1.63B | 1.66B | 1.51B |
| Reinsurance Recoverable | 3.99B | 3.85B | 4.35B | 4.45B | 4.27B | |
| Other Receivables | 7.91B | 3.11B | 3.41B | 2.91B | 2.26B | 1.65B |
| Property, Plant & Equipment | 2.10B | 1.55B | 1.59B | 1.60B | 1.61B | 1.58B |
| Other Intangible Assets | 6.47M | 5.80M | 4.30M | 5.23M | 6.35M | |
| Other Long-Term Assets | 2.69M | 1.64M | 4.11M | 2.04M | 2.44M | |
| Total Assets | 16.64B | 15.47B | 15.38B | 15.99B | 14.12B | 13.51B |
| Accrued Expenses | 60.90M | 8.46M | 6.86M | 21.86M | 45.50M | |
| Insurance & Annuity Liabilities | 1.08B | 841.14M | 843.07M | 752.13M | 708.54M | |
| Unpaid Claims | 272.96M | 187.08M | 167.90M | 223.12M | 254.46M | 336.20M |
| Unearned Premiums | 1.78B | 587.06M | 527.74M | 413.79M | 308.42M | 198.91M |
| Reinsurance Payable | 1.15B | 1.01B | 864.29M | |||
| Short-Term Debt | 3.28B | 3.07B | 2.54B | 1.74B | 1.55B | |
| Current Income Taxes Payable | 1.61B | 2.14B | 1.84B | 1.54B | 1.19B | |
| Long-Term Leases | 15.44M | |||||
| Long-Term Deferred Tax Liabilities | 525.71M | 529.88M | 588.36M | 577.64M | 621.40M | |
| Other Current Liabilities | 6.99B | 4.61M | 5.18M | 7.77M | 6.98M | 8.12M |
| Other Long-Term Liabilities | -30.00K | 1.06B | 1.03B | 1.05B | 998.83M | 1.03B |
| Total Liabilities | 9.04B | 8.40B | 8.32B | 8.66B | 7.21B | 6.56B |
| Common Stock | 1.00B | 1.00B | 1.00B | 1.00B | 1.00B | 1.00B |
| Additional Paid-In Capital | 140.00K | 143.13K | 143.13K | 143.13K | 143.13K | 143.13K |
| Retained Earnings | 4.62B | 4.63B | 4.36B | 4.17B | 3.79B | 3.37B |
| Comprehensive Income & Other | 1.98B | 1.43B | 1.70B | 2.16B | 2.12B | 2.57B |
| Total Common Equity | 7.60B | 7.07B | 7.05B | 7.33B | 6.91B | 6.95B |
| Minority Interest | -1.76K | 10.85K | 17.84K | 19.79K | 18.04K | |
| Shareholders' Equity | 7.60B | 7.07B | 7.05B | 7.33B | 6.91B | 6.95B |
| Total Liabilities & Equity | 16.64B | 15.47B | 15.38B | 15.99B | 14.12B | 13.51B |
| Filing Date Shares Outstanding | 100.19M | 100.19M | 100.19M | 100.19M | 100.19M | 100.19M |
| Total Common Shares Outstanding | 100.19M | 100.19M | 100.19M | 100.19M | 100.19M | 100.19M |
| Total Debt | 3.29B | 3.07B | 2.54B | 1.74B | 1.55B | |
| Net Cash (Debt) | 2.12B | -1.25B | -1.54B | -913.26M | -82.69M | -35.87M |
| Net Cash Per Share | 21.11 | -12.52 | -15.36 | -9.12 | -0.83 | -0.36 |
| Book Value Per Share | 75.83 | 70.53 | 70.40 | 73.18 | 68.96 | 69.32 |
| Tangible Book Value | 7.60B | 7.06B | 7.05B | 7.33B | 6.90B | 6.94B |
| Tangible Book Value Per Share | 75.83 | 70.47 | 70.35 | 73.14 | 68.90 | 69.26 |
| Land | 800.00M | 859.97M | 859.97M | 859.97M | 859.97M | |
| Buildings | 631.70M | 631.70M | 631.70M | 631.70M | 631.70M | |
| Machinery | 497.55M | 478.38M | 478.61M | 486.53M | 442.52M |
Cash flow statement
Fiscal year January - December; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 487.95M | 510.79M | 377.69M | 534.90M | 659.08M | 767.35M |
| Depreciation & Amortization | 70.98M | 70.98M | 63.50M | 60.02M | 58.63M | 52.10M |
| Other Amortization | 527.30K | 527.30K | 232.65K | 119.79K | 194.85K | 12.79K |
| Change in Accounts Receivable | -11.43M | -11.43M | -21.57M | 28.10M | -6.42M | 20.10M |
| Reinsurance Recoverable | -113.53M | -113.53M | 498.83M | 123.86M | -202.61M | -919.61M |
| Change in Insurance Reserves / Liabilities | 19.18M | 19.18M | -55.22M | -31.34M | -81.74M | -152.01M |
| Change in Other Net Operating Assets | -604.03M | -604.03M | -548.83M | -917.17M | 162.21M | 291.88M |
| Other Operating Activities | 703.59M | 1.02B | 926.03M | 635.72M | -121.21M | -92.42M |
| Operating Cash Flow | 557.59M | 892.67M | 119.12M | 599.04M | 595.15M | -170.43M |
| Capital Expenditures | -100.26M | -83.11M | -3.69M | -84.47M | -80.75M | |
| Sale of Property, Plant & Equipment | 45.80M | 50.23M | 1.86M | 38.91M | 33.09M | 27.06M |
| Cash Acquisitions | -50.00M | -530.00M | -145.00M | |||
| Investment in Securities | 56.72M | -155.87M | -351.95M | -1.29B | -393.78M | -237.94M |
| Other Investing Activities | 356.81M | 356.80M | 298.06M | 251.14M | 416.79M | 293.25M |
| Investing Cash Flow | 359.07M | 168.05M | -102.02M | -1.53B | -173.36M | 1.62M |
| Long-Term Debt Issued | 221.69M | 542.78M | 940.73M | 80.55M | 727.16M | |
| Total Debt Repaid | -71.53M | |||||
| Net Debt Issued (Repaid) | -13.19M | 221.69M | 542.78M | 940.73M | 80.55M | 727.16M |
| Issuance of Common Stock | 50.00M | 530.00M | 145.00M | |||
| Common Dividends Paid | -300.48M | -280.47M | -277.47M | -250.47M | -341.19M | -251.84M |
| Other Financing Activities | -492.56M | -501.55M | -423.38M | -210.03M | -162.54M | -130.91M |
| Financing Cash Flow | -806.23M | -560.33M | -108.08M | 1.01B | -278.17M | 344.41M |
| Miscellaneous Cash Flow Adjustments | -10.00K | |||||
| Net Cash Flow | 110.41M | 500.38M | -90.98M | 80.26M | 143.61M | 175.60M |
| Free Cash Flow | 457.32M | 809.55M | 119.12M | 595.35M | 510.69M | -251.19M |
| Free Cash Flow Margin | 12.01% | 21.23% | 4.00% | 19.45% | 17.85% | -9.22% |
| Free Cash Flow Per Share | 4.56 | 8.08 | 1.19 | 5.94 | 5.10 | -2.51 |
| Levered Free Cash Flow | 5.05M | 339.19M | -195.09M | 599.19M | 353.45M | -301.42M |
| Unlevered Free Cash Flow | 5.05M | 339.19M | -195.09M | 599.19M | 353.45M | -301.42M |
| Cash Interest Paid | 492.57M | 501.55M | 423.38M | 210.03M | 162.54M | 130.91M |
| Cash Income Tax Paid | -401.70M | -420.42M | -336.14M | 479.92M | 402.11M | |
| Change in Working Capital | -705.46M | -705.46M | -1.25B | -631.72M | -1.55M | -897.48M |
Ratios
Fiscal year January - December; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 6.23B | 5.39B | 4.87B | 6.56B | 6.52B | 10.63B |
| Enterprise Value | 3.99B | 3.15B | 3.26B | 4.75B | 4.87B | 9.08B |
| PE Ratio | 12.44 | 10.55 | 12.89 | 12.27 | 9.90 | 13.85 |
| PS Ratio | 1.74 | 1.41 | 1.64 | 2.14 | 2.28 | 3.90 |
| PB Ratio | 0.83 | 0.76 | 0.69 | 0.90 | 0.94 | 1.53 |
| P/FCF Ratio | 15.20 | 6.66 | 40.88 | 11.02 | 12.77 | |
| P/OCF Ratio | 11.42 | 6.04 | 40.88 | 10.96 | 10.96 | |
| EV/Sales Ratio | 1.11 | 0.82 | 1.09 | 1.55 | 1.70 | 3.33 |
| EV/EBITDA Ratio | 3.85 | 3.09 | 3.51 | 4.76 | 4.25 | 6.41 |
| EV/EBIT Ratio | 4.12 | 3.31 | 3.77 | 5.07 | 4.48 | 6.66 |
| EV/FCF Ratio | 9.72 | 3.89 | 27.36 | 7.97 | 9.54 | |
| Debt / Equity Ratio | 0.47 | 0.44 | 0.35 | 0.25 | 0.22 | |
| Debt / EBITDA Ratio | 3.22 | 3.31 | 2.55 | 1.52 | 1.10 | |
| Debt / FCF Ratio | 4.07 | 25.81 | 4.27 | 3.41 | ||
| Net Debt / Equity Ratio | -0.28 | 0.18 | 0.22 | 0.12 | 0.01 | 0.01 |
| Net Debt / EBITDA Ratio | -1.94 | 1.23 | 1.66 | 0.92 | 0.07 | 0.03 |
| Net Debt / FCF Ratio | -4.63 | 1.55 | 12.92 | 1.53 | 0.16 | -0.14 |
| Quick Ratio | 1.47 | 0.90 | 0.83 | 0.73 | 0.80 | 0.75 |
| Current Ratio | 1.48 | 1.60 | 1.49 | 1.44 | 1.72 | 1.77 |
| Asset Turnover | 0.23 | 0.25 | 0.19 | 0.20 | 0.21 | 0.21 |
| Return on Equity (ROE) | 6.78% | 7.23% | 5.25% | 7.51% | 9.52% | 11.48% |
| Return on Assets (ROA) | 3.94% | 3.85% | 3.45% | 3.89% | 4.92% | 6.69% |
| Return on Invested Capital (ROIC) | 7.91% | 5.67% | 4.76% | 6.43% | 8.27% | 10.45% |
| Earnings Yield | 8.04% | 9.48% | 7.76% | 8.15% | 10.11% | 7.22% |
| FCF Yield | 6.58% | 15.02% | 2.45% | 9.07% | 7.83% | -2.36% |
| Dividend Yield | 4.34% | 5.02% | 5.14% | 3.82% | 3.84% | 2.83% |
| Payout Ratio | 60.05% | 54.91% | 73.47% | 46.83% | 51.77% | 32.82% |
| Total Shareholder Return | 4.18% | 5.02% | 5.14% | 3.82% | 3.84% | 2.83% |