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
(2020
sales of 16.70 billion Japanese Yen [US$157.98 million]
of which 100%
was Insurance & Related Activities),
MNRB Holdings Berhad
of MALAYSIA
(2.31 billion Malaysian Ringgits [US$548.00 million]
), and
Icici Prudential Life Insurance Company Ltd
(210.62 billion Indian Rupees [US$2.81 billion]
of which 28%
was Non Par Life).
Sales Analysis.
Reliance Capital Ltd reported sales of 183.27 billion Indian Rupees (US$2.44 billion)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 4.7%
versus 2019, when the company's sales were 192.22 billion Indian Rupees .
Contributing to the drop in overall sales was the 58.8% decline
in Finance and Investments, from 30.19 billion Indian Rupees to 12.44 billion Indian Rupees .
There were also decreases in sales in
Life Insurance (down 5.7% to 57.49 billion Indian Rupees )
and
Home Finance (down 34.0% to 13.22 billion Indian Rupees )
and
Commercial Finance (down 54.3% to 8.28 billion Indian Rupees )
and
Others (down 40.8% to 1.81 billion Indian Rupees )
.
However, these declines were partially offset by the increase in sales of
General Insurance (up 23.9% to 90.35 billion Indian Rupees )
.