Insurance
Valuation | |
|---|---|
| Market Cap | 1.89 LCr |
Growth & Returns | |
|---|---|
| Price Change 1W | -2.1% |
| Price Change 1M | -0.80% |
| Price Change 6M | 12.8% |
| Price Change 1Y | 38.6% |
| 3Y Cumulative Return | 22% |
| 5Y Cumulative Return | 18.6% |
| 7Y Cumulative Return | 18.9% |
Technical Indicators | |
|---|---|
| RSI (14d) | 69.85 |
| RSI (5d) | 67.8 |
| RSI (21d) | 54.06 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Smart Money: Smart money has been increasing their position in the stock.
Past Returns: Outperforming stock! In past three years, the stock has provided 22% return compared to 13.3% by NIFTY 50.
Size: It is among the top 200 market size companies of india.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock has a weak negative price momentum.
Dividend: Stock hasn't been paying any dividend.
Smart Money: Smart money has been increasing their position in the stock.
Past Returns: Outperforming stock! In past three years, the stock has provided 22% return compared to 13.3% by NIFTY 50.
Size: It is among the top 200 market size companies of india.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock has a weak negative price momentum.
Dividend: Stock hasn't been paying any dividend.
Updated Feb 10, 2026
The stock faced a decline of approximately 1.8% in the last month, indicating some volatility.
Current trading volume is below the average for the past month, which could suggest weaker investor interest.
The PE ratio is relatively high at 80.94, which may raise concerns regarding overvaluation.
Summary of SBI Life Insurance Co.'s latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
During the Q3 FY 2025-26 earnings conference call, management provided an optimistic outlook highlighting several key metrics and forward-looking points. Notably, SBI Life's New Business Premium reached INR 313.3 billion, marking a 19% growth with a private market share of 23.5%. Individual-rated New Business Premium (IRP) stood at INR 166.8 billion, up 15%, achieving a private market share of 25.6%. Gross Written Premium grew by 20% to INR 733.5 billion, and profit after tax rose 4% to INR 16.7 billion year-on-year.
The Value of New Business (VONB) reached INR 50.4 billion with a 17% growth, resulting in a VONB Margin of 27.2%. Assets under Management (AUM) surpassed INR 5 trillion, standing at INR 5.1 trillion, indicating a 16% year-on-year increase. Additionally, the company reported a strong solvency ratio of 1.91, well above the regulatory requirement of 1.50.
Management emphasized their commitment to innovation and enhancing their product mix, particularly in protection-oriented products, which saw a significant growth of 24% on an APE basis, contributing 9% to APE. The company highlighted a strong pipeline for the remainder of FY 2026, maintaining guidance for annual growth of 13%-14%.
Moreover, management indicated that despite pressures on margins from GST and labor law impacts, they expect margins to remain in the range of 26%-28% going forward. The upcoming product launches and digital transformation initiatives were discussed as integral to sustaining this growth trajectory.
In summary, with a strong emphasis on operational efficiency, customer satisfaction, and continued focus on product innovation, the management expressed confidence in achieving favorable growth outcomes while addressing the evolving needs of the market.
Understand SBI Life Insurance Co. ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| STATE BANK OF INDIA | 55.34% |
| ICICI PRUDENTIAL MUTUAL FUND SCHEMES | 4.28% |
| HDFC MUTUAL FUND SCHEMES | 4.06% |
| GOVERNMENT OF SINGAPORE | 3.3% |
| NPS TRUST SCHEMES | 1.63% |
| MACRITCHIE INVESTMENTS PTE LTD | 1.51% |
| SBI MUTUAL FUND SCHEMES | 1.21% |
Detailed comparison of SBI Life Insurance Co. against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| LICI | LIFE INSURANCE Corp OF INDIA | 5.65 LCr | - | +3.30% | +14.60% | - | - | - | - |
| BAJAJFINSV | Bajaj Finserv | 3.19 LCr | 1.49 LCr |
SBI Life Insurance Company Limited operates as a private life insurance company in India. The company's life insurance business comprising individual and group life insurance products, including participating, non-participating, pension, group gratuity, group leave encashment, group superannuation, individual and group immediate annuity, unit-linked and variable insurance products, health, and micro insurance. It also provides accident and disability benefit, level term, and critical illness insurance products. The company offers its products through a multi-channel distribution network comprising individual agents, brokers, corporate agents, bancassurance partners, as well as certified insurance facilitators. It operates various partner branches. The company was incorporated in 2000 and is based in Mumbai, India. SBI Life Insurance Company Limited operates as a subsidiary of State Bank of India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
1. Question from Avinash Singh: "Can you elaborate on the current non-par savings product demand and the impact of protection growth on your overall product mix? Additionally, regarding solvency at 191%, how do you see this influencing growth across product segments?"
Answer: I appreciate your comments. On the IRP basis, non-par products' growth is 10%, while protection surged by 44%. Our new participating product diverted attention from non-par, leading to a stronger combined growth. Concerning solvency, we're comfortable at 1.91 and see it supporting our ongoing growth strategy despite an increased focus on protection.
2. Question from Prayesh Jain: "Given the strong performance of the SBI channel, do you see this momentum continuing? Also, how do you manage cost ratios in the face of the labor code and GST impacts?"
Answer: We're pleased with our growth and expect the SBI channel to perform well, maintaining our guidance of 13%-14% APE growth. While costs have slightly risen due to the labor code and GST, we aim to stabilize around current levels, optimizing our mix to manage expenses efficiently.
3. Question from Madhukar Lada: "What is the current impact of GST on VNB margins, and how do you anticipate protection growth evolving over the next few years?"
Answer: The current impact of GST on margins stands around 150 basis points, which we aim to offset with a better product mix. Our protection growth is robust, tracking at 26.1%, and we anticipate continuing this trend, especially with new product launches focused on this segment.
4. Question from Sanketh Godha: "Can you clarify your expectations around organic profit generation versus solvency optimization for growth moving forward?"
Answer: Organic profit generation is vital, and while solvency has seen some impact from our product mix, we believe our current level supports our growth. We don't foresee limitations, considering our strong performance and product diversification in the pipeline.
5. Question from Rishi Jhunjhunwala: "With the par product growing faster than expected, how sustainable is this trend given the current yield environment?"
Answer: Our recent par product launches have aligned well with market demand, especially in child and money-back segments. While we anticipate growth, we also recognize it may stabilize over time. Our aim is for par products to contribute around 15%-20% of our business going forward.
These answers encapsulate the core queries and responses from the earnings conference, maintaining a concise format while retaining essential details.
| NIPPON LIFE INDIA MUTUAL FUND SCHEMES | 1.19% |
| Arunachal Pradesh Rural Bank | 0% |
| C-Edge Technologies Limited | 0% |
| Chhattisgarh Gramin Bank | 0% |
| Jharkhand Gramin Bank | 0% |
| Meghalaya Rural Bank | 0% |
| Mizoram Rural Bank | 0% |
| Nagaland Rural Bank | 0% |
| Oman India Joint Investment Fund Management Company Private Limited | 0% |
| Oman India Joint Investment Fund - Trustee Company Private Limited | 0% |
| Rajasthan Gramin Bank | 0% |
| SBICAP Securities Limited | 0% |
| SBICAP Trustee Company Limited | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +2.70% |
| +3.50% |
| 32.84 |
| 2.14 |
| - |
| - |
| HDFCLIFE | HDFC LIFE INSURANCE Co. | 1.65 LCr | - | -1.80% | +15.70% | - | - | - | - |
| ICICIPRULI | ICICI Prudential Life Insurance Co. | 89.7 kCr | - | +1.90% | +16.90% | - | - | - | - |
| MFSL | Max Financial Services | 62.58 kCr | 49.29 kCr | +11.70% | +76.70% | 439.08 | 1.27 | - | - |