Reliance Capital Ltd operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Reliance Capital Ltd with three other
insurance companies in Asia:
Lifenet Insurance Company
of Japan
(2019
sales of 12.56 billion Japanese Yen [US$115.68 million]
of which 100%
was Insurance & Related Activities),
HDFC Life Insurance Company Ltd
(378.57 billion Indian Rupees [US$5.33 billion]
of which 36%
was Unit Linked - Individual Life), and
MNRB Holdings Berhad
which is
based in Malaysia
(1.98 billion Malaysian Ringgits [US$475.67 million]
of which 49%
was Reinsurance).
Sales Analysis.
Reliance Capital Ltd reported sales of 192.22 billion Indian Rupees (US$2.71 billion)
for the
fiscal
year ending
March of 2019.
This
represents
a
decrease of 3.2%
versus 2018, when the company's sales were 198.64 billion Indian Rupees.
Contributing to the drop in overall sales was the 42.4% decline
in Others, from 5.31 billion Indian Rupees to 3.06 billion Indian Rupees.
There were also decreases in sales in
Finance and Investments (down 2.5% to 30.19 billion Indian Rupees)
and
Commercial Finance (down 15.2% to 18.10 billion Indian Rupees)
.
However, these declines were partially offset by the increase in sales of
General Insurance (up 21.4% to 72.92 billion Indian Rupees)
and
Life Insurance (up 0.0% to 60.95 billion Indian Rupees)
and
Home Finance (up 19.9% to 20.03 billion Indian Rupees)
.