Life Insurance Corporation of India share price

NSE: LICI · ISIN INE0J1Y01017

Key numbers

Market cap
₹ 5,17,448 Cr
Current price
₹ 409.05
52-week high / low
₹ 468 / 361
Stock P/E
8.6
Book value
₹ 139.6
Dividend yield
2.44%
ROCE
38.0%
ROE
37.8%
Debt to equity
-
Sales growth (3 yrs)
7.3%
Profit growth (3 yrs)
16.9%
1-year return
-8.5%

About Life Insurance Corporation of India

Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. The company offers insurance plans, including endowment, whole life, term insurance, money back, and term assurance plans, as well as riders comprising accidental death and disability benefit, critical illness benefit, and premium waiver benefit riders. It also provides pension, unit linked, micro insurance, withdrawn, and health plans, as well as various group schemes. The company was incorporated in 1956 and is based in Mumbai, India.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales2,43,5572,25,0332,36,2032,76,6682,39,867
Operating profit19,04610,98612,88023,45713,686
Net profit19,03910,95712,93023,46713,584
EPS (₹)-8.6610.2218.5510.74

Concall summary (2026-08-12)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Yes, ULIP, we do expect to come back when the market situation normalizes.
  • However the unwind rate will be based on assumptions that we expect to have as on 31st March of the year.

Growth & demand

  • Our market share by first year premium income for three months ending 30th June '26 is 60.10% as per IRDAI as compared to 63.51% for the similar period ended 30th June 2025.
  • Now if we bifurcate this overall market share of 60.10% into segment-wise share of individual and group business, we would have a market share of 38.89% in individual business and 70.90% in the group business for the current quarter ending 30th June '26.

Margins & costs

  • The net VNB margin has improved by 750 basis points on a year-on-year basis from 15.4% for the quarter ended 30 June '25 to 22.9% for the first quarter of the current year.
  • VNB margin has increased by 750 basis points to 22.9% for the quarter ended 30th June 2026.

Capex & expansion

  • The Super Sales Saathi app empowers LIC's agents and intermediaries with a comprehensive digital workspace by offering real-time access to customer information, commission details, business performance, renewal tracking and intelligent sales insights.
  • Second half, your base also becomes unfavorable in both APE and margin expansion terms.

Balance sheet & cash

  • And what proportion of the unwind typically relates to equity and debt, if you could clarify that as well, that would be helpful.
  • The dividend, once it is paid, it will take away some part of the solvency.

Peers in Insurance - Life

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