Arpico Insurance Plc

AINS.N0000Moderately overvalued

Insurance · Life/Health Insurance

Arpico Insurance PLC is a Sri Lanka-based life insurer that provides life and health insurance products and related services to individual and corporate customers.

AINS shares are down 32.8% over the past year and last closed at Rs 25.00 on Sep 30, 2026.

Rs 25.00
-3.85%
Price history
-32.80%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+4.3+1.4-19.2+6.4-5.0-2.3-5.1-6.8-4.2+0.0+0.0+0.0
2025+6.5-2.5-7.0-1.6+0.0+9.3+33.3+10.6-6.5+4.0-8.5-1.1
2024-6.7+11.4+2.6-7.1+5.4+1.3-13.9+6.8+0.0+0.0-10.0+11.1
2023-9.2-0.5+0.5-6.2+7.2-4.3+10.0+10.0+5.4-9.8-0.4-1.7
2022-14.4-5.8-25.8+0.6-0.6-6.5-2.5+18.1+9.3-8.0+0.0+24.5
2021+0.0-10.4+7.0-3.9-0.5+2.7-1.8+0.5+3.1-2.6-3.6+31.5
2020-1.0-9.5-5.6+0.0+0.0+6.3-5.9+3.4+16.4-7.6+6.1-1.6
2019+0.0+0.0-0.6-2.2-8.6+0.0+16.9-6.4-1.1+24.3-7.4+1.0
2018-3.5+3.7+8.2+0.5-1.1+2.2-2.1+0.5+0.0-4.9-1.7+4.7
2017+0.0+0.0+0.0+29.0+18.1-4.8-8.3-3.0+6.3-4.7+4.9+0.0
2016+0.0-4.3-10.4+8.3+2.3-3.8+0.8+0.0-3.1+7.2-9.0-1.6
2015+0.0+0.0+0.0+6.9+0.0-3.6+11.9-2.0-4.7+2.1-2.1-0.7
Average-2.2-1.7-5.0+2.8+1.6-0.3+2.8+2.6+1.9+0.0-2.9+6.0
ASPI average+3.1-2.7-4.7+2.0+0.2+0.8+3.1+2.2+3.2-0.1+1.0+3.0
Median+0.0-1.5-3.1+0.5+0.0-1.2-2.0+0.5+0.0-3.7-2.1+0.0
% up18%30%40%55%36%42%42%58%45%40%18%45%
P/E
208.3
P/B
0.97
EPS
Rs 0.12
Div Yield
-
Market Cap
Rs 1.7B
Beta
2.13
ROE
0.5%
Op Margin
-

Fundamentals

LineFY2025FY2024FY2022FY2021FY2020FY2019FY2018FY2017
Total income
Rs 2.4B
-2.8%
Rs 2.5B
Rs 2.8B
+9.5%
Rs 2.5B
+23.4%
Rs 2.0B
+9.4%
Rs 1.9B
+17.9%
Rs 1.6B
+33.3%
Rs 1.2B
+40.5%
Operating profit
-
-
Rs 203.9M
-39.6%
Rs 337.4M
+21.1%
Rs 278.6M
-
Rs 198.8M
-3.5%
Rs 206.0M
Net profit
Rs 8.0M
-96.6%
Rs 234.9M
Rs 203.9M
-13.9%
Rs 236.7M
+18.0%
Rs 200.7M
-11.7%
Rs 227.3M
-54.5%
Rs 499.2M
+142.3%
Rs 206.0M
+91.0%
EPS
0.12
-96.6%
3.55
3.02
-15.4%
3.57
+17.8%
3.03
-11.7%
3.43
-54.5%
7.54
+142.4%
3.11
+90.8%

Compared with the same period a year earlier.

Parent company only. Subsidiaries are not included.

Per-share figures are as reported, not adjusted for splits.

Recent dividends

No dividend records.

Peer comparison5 peers in Insurance
Rs 68.00
P/E
13.1
P/B
2.10
ROE
16.09%
Yield
7.35%
P/E
7.9
P/B
1.52
ROE
13.31%
Yield
8.89%
Rs 76.50
P/E
5.2
P/B
1.66
ROE
34.24%
Yield
6.93%
HASU.N0000
Rs 140.75
P/E
8.6
P/B
1.60
ROE
18.60%
Yield
3.55%
AINS.N0000 · this company
Rs 25.00
P/E
208.3
P/B
0.97
ROE
0.48%
Yield
-
Rs 20.50
P/E
-
P/B
1.56
ROE
-1.48%
Yield
-
Peer median · 5 companies
P/E 8.2P/B 1.60Yield 7.14%

About Arpico Insurance Plc

Arpico Insurance PLC is a Sri Lanka-based life insurer that provides life and health insurance products and related services to individual and corporate customers. The Company focuses on individual life and health insurance while maintaining capabilities in group insurance, and it manages a Life Insurance Fund as part of its core operations. Arpico Insurance distributes products through an extended distribution network in Sri Lanka and has been advancing digital transformation, cloud-based infrastructure and operational resilience to support customer engagement, claims settlement and service delivery. The Company emphasises disciplined cost management, regulatory compliance and the integration of environmental, social and governance (ESG) considerations across its business. The business operates under the Arpico brand and is affiliated with the Richard Pieris Group, with governance and oversight provided by a Board of Directors and senior management based in Colombo, Sri Lanka.

AI analysis

bearish

Arpico Insurance's latest quarter saw net profit fall 53.6% year-on-year, while the share price remains near its 52-week low. The tension is a P/E of 231 despite weak earnings momentum.

Read the full report (Aug 16, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

No scored news in the last 30 days.

24 months positive negative 3-month net
Apr 25: 1 articles, net +1.00Jun 25: 1 articles, net +1.00Jul 25: 2 articles, net -0.50Jan 26: 2 articles, net +0.83Feb 26: 1 articles, net -1.00Jun 26: 2 articles, net -1.00Jul 26: 2 articles, net +0.50Aug 24Dec 24Apr 25Aug 25Dec 25Apr 26
Recent news
View all news →
Ada Derana·Mar 30, 2026·Award or certificationPositive
IASL launches revamped website to better serve Sri Lanka’s insurance ecosystem

The Insurance Association of Sri Lanka launched a revamped official website (www.iasl.lk) to boost digitalisation, transparency and stakeholder access for member insurers. The mobile-responsive site features a searchable resource library, regulatory updates and refreshed content for member companies, policyholders and regulators.

Daily FT·Jan 23, 2026·Management or board changePositive
Arpico Insurance appoints industry veteran Jayalal Hewawasam as CEO

Arpico Insurance PLC has appointed Jayalal Hewawasam as its new Chief Executive Officer. Hewawasam brings over 25 years' experience, including as CEO of Allianz Life Insurance Sri Lanka, and the company is a subsidiary of Richard Pieris & Company PLC.

Ada Derana·Jan 19, 2026·Management or board change
Dr Kelum Senanayake appointed Consultant to Ceylinco Life

Ceylinco Life appointed industry veteran Dr Kelum Senanayake as a Consultant to lead training and support product design and development. The hire draws on his 40+ years in insurance and prior senior roles at Arpico Insurance, Union Assurance and Richard Pieris-related companies.

Insurance sector: what is happening

Last 14 days to Sep 30, 2026

The insurance sector was quiet, with no sector-specific developments in the window. Movements in government securities yields, including rising Treasury bill yields and later easing across parts of the secondary market, affect insurers through the valuation and reinvestment returns of their investment portfolios. The rupee moved from near 331.50/331.90 to around 330 per US dollar, affecting foreign-currency reinsurance and claims costs.

Auto-generated from 5 sector news articles over 14 days. Not investment advice.