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SBI Life Insurance Company Ltd share Price Today

Company details

1,402.15
1,448.00
1,197.10
1,569.40
6M Return 0.04%
1Y Return 19.98%
Mkt Cap.(Cr) 141,226.59
Volume 1,675,749
Div Yield 0.19%
OI
-
OI Chg %
-
Volume 1,675,749

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Balanced growth to drive VNB growth ahead
About The Stock

    SBI Life (SBIL) is among the most dominant players in the Indian life insurance industry with strong distribution network, parentage, operating metrics.

    • Balanced product mix with focus on opex ratio ahead of industry
    • Strong parentage led distribution remains key catalyst
Q4FY23

    Premium accretion slower than expected

    • Gross premium growth slower at 14% YoY; NBP growth up 21%, led by tax amendment
    • VNB margins steady at 30.1%, aided by balanced product mix
    • Surplus at ₹ 1942 crore; focus on cost and decline in claims led PAT growth at 16% YoY to ₹ 777 crore
    • AUM growth decent at 16% YoY to ₹ 307340 crore

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Research view on more stocks

SBI Life Insurance Company announced FY24 results:

Financial Highlights:

  • Private Market leadership in NBP of Rs 382.4 billion with 29% growth and 24.6% market share
  • Private Market leadership in Individual NBP of Rs 238.3 billion with 14% growth and 25.8% market share
  • Annualized Premium Equivalent (APE) stands at Rs 197.2 billion with growth of 17%
  • Protection Annualized Premium Equivalent (APE) stands at Rs 21.0 billion with growth of 18%
  • Annuity and Pension New Business stands at Rs 89.3 billion with 6% growth
  • Value of New Business (VoNB) stands at Rs 55.5 billion with 9% growth
  • VoNB Margin stands at 28.1%
  • Operating Return on Embedded Value stands at 21.8%
  • Profit After Tax (PAT) stands at Rs 18.9 billion with 10% growth
  • Solvency ratio of 1.96
  • Assets under Management stands at Rs 3.9 trillion with 27% growth

 

Result PDF

View Other Company Results

SBI Life Insurance Company Ltd shares SWOT Analysis

Strengths (7)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with No Debt
  • Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years

Weakness (3)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Street Favorite: High Analyst Rating with at least 20% upside
  • Decrease in Provision in recent results

Threats (4)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,438.1
R2 1,466.0
R3 1,483.9
Pivot

1,420.12

S1 1,392.2
S2 1,374.3
S3 1,346.4
EMA SMA
1,438.0
1,452.0
1,446.3
1,406.2
1,435.0
1,461.0
1,461.7
1,407.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
EAST BRIDGE CAPITAL MASTER FUND I LTD Block Purchase 2024-02-29 1534.3 2078840 BSE
BNP PARIBAS ARBITRAGE Block Sell 2024-02-29 1534.3 2078840 BSE
THE JUPITER GLOBAL FUND-JUPITER INDIA SELECT Block Purchase 2024-02-21 1513.45 317727 BSE
Name Category Shares
STATE BANK OF INDIA PROMOTER 55.42%

OUR RESEARCH VIEW

Investment recommendation
Balanced growth to drive VNB growth ahead
Call Date
28 Apr 2023
Entry Price 1,140.00
Target Price 1,350.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

SBI Life Insurance Company Ltd Stocks COMPARISON

Financials( in Cr) SBI Life Insurance Company Ltd Life Insurance Corporation of India HDFC Life Insurance Company Ltd ICICI Prudential Life Insurance Company Ltd ICICI Lombard General Insurance Company Ltd
Price 1,410.20 1,036.05 564.25 572.90 1,623.55
% Change -1.81 0.61 -0.15 -1.14 -2.19
Mcap Cr 141,226.59 655,301.42 121,367.02 82,532.89 79,989.87
Revenue TTM Cr 80,635.64 784,627.64 70,207.08 49,404.07 17,875.79
Net Profit TTM Cr 1,720.57 35,996.65 1,368.28 813.49 1,729.05
PE TTM 74.54 16.25 77.12 97.05 41.70
1 Year Return 19.98 74.45 -0.31 30.12 51.08
ROCE 0.66 0.95 0.62 0.44 20.88
ROE 14.14 124.84 9.60 8.67 17.73
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 13,017.48 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 35,090.66 -22,978.04
LAST 3M 106,793.94 -34,010.07
LAST 6M 169,541.16 45,373.47
LAST 12M 268,709.66 125,819.23
SBI Life Insurance Company Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 27, 2024 l NSE Announcement

SBI Life Insurance Company Limited - Change in Management

May 23, 2024 l NSE Announcement

SBI Life Insurance Company Limited - Change in Management

May 22, 2024 l NSE Announcement

Date Action Type Ratio
Mar 15, 2024 Dividend 27
Mar 16, 2023 Dividend 25
Mar 29, 2022 Dividend 20

SBI Life Insurance Company Ltd Information

Stock PE (TTM)
74.54
Promoter Holding
55.42%
Book Value
148.8659
ROCE
0.66%
ROE
14.14%
Description
  • SBI Life Insurance, established in 2000, provides life insurance services to more than a million customers. The organisation has a diversified product range, including family and individual plans. It also provides protection, pension, and health services. The company has 990 offices around India with more than 20,000 employees. SBI Life Insurance is a large-cap company and has its registered and corporate office in Mumbai, Maharashtra.

    On 10 February 2023, the market capitalisation of the company was Rs 1,18,403 crore. It reported a total income of Rs 26,829.77 crore at the end of December 2022. The company is listed on the Bombay Stock Exchange with the code 540719 and on the National Stock Exchange (NSE) with the code SBILIFE. 

    Dinesh Kumar Khara is the chairman of the company. Mahesh Kumar Sharma, Ashwini Kumar Tewari, Deepak Amin, Narayan K Seshadri, and Shobinder Duggal are some of the other directors, and Sangramjit Sarangi is the chief financial officer of the company. S K Patodia & Associates, S C Bapna & Associates, and R Devendra Kumar & Associates are its auditors.

    On 10 February 2023, SBI Life Insurance Company’s share price on Rs 1,183.05 on BSE and Rs 1,183.35 on the NSE. The share price touched a 52-week high of Rs 1,340.35 and a 52-week low of Rs 1,003.50. Its three-month return to investors was -4.46%%, while its one-month return was -9.17%.

    The promoters of SBI Life Insurance have a stake of 55.45% in the company, while non-institutional investors have a stake of 4.53%. Domestic institutional investors and foreign institutional investors have a consolidated stake of 40% in the company. 

    The company reported consolidated sales of Rs 82,985.43 for the quarter ended March 2022. The operating profit of the company for the quarter ended March 2022 was 729.51. For the quarter ended 31 December 2023, the company reported a standard total income of Rs 20,681 crore. This figure is up 29.4% from the same period last year but down 3.24% from the previous quarter. 

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Natraj M V Road Andheri(East), Western Express Highway Juncti, Mumbai, Maharashtra, 400069

Tel : 91-22-61910000
Email : investor:sbilife.co.in
Website : http://www.sbilife.co.in
Registrar

KFin Techologies Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540719
NSE Code : SBILIFE
Book Closure Date (Month) :
BSE Group : A
ISIN : INE123W01016

FAQ’s on SBI Life Insurance Company Ltd Shares

You can buy SBI Life Insurance Company Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy SBI Life Insurance Company Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 27, 2024 03:59 PM the closing price of SBI Life Insurance Company Ltd was Rs.1,410.20.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 27, 2024 03:59 PM, the market cap of SBI Life Insurance Company Ltd stood at Rs. 141,226.59.

The latest PE ratio of SBI Life Insurance Company Ltd as of May 27, 2024 03:59 PM is 74.54

The latest PB ratio of SBI Life Insurance Company Ltd as of May 27, 2024 03:59 PM is 0.11

The 52-week high of SBI Life Insurance Company Ltd share price is Rs. 1,569.40 while the 52-week low is Rs. 1,197.10

According to analyst recommendations, SBI Life Insurance Company Ltd Share has a "Buy" rating for the long term.

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