SBI Life Insurance Company Ltd
SBILIFE NSE
SBI Life Insurance Company Ltd
Financial Services F&ONSE: SBILIFE BSE: 540719 Insurance
Key Fundamentals
LargecapLife InsuranceInsuranceMarket Cap
1.8L Cr
Volatility
Moderate
P/E Ratio
68.57
EBITDA
₹2,813 Cr
Return on Equity
12.94%
Debt to Equity
0
Book Value
₹200.56
EPS
₹20.29
52W High
₹2,132
52W Low
₹1,700.4
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view SBI Life Insurance Company Ltd insights
37 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company is almost debt free.
- Company is expected to give good quarter
Weaknesses
5- Stock is trading at 8.93 times its book value
- The company has delivered a poor sales growth of 6.52% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.1,991 Cr.
- Dividend payout has been low at 12.2% of profits over last 3 years
Growth Rate
Revenue Growth
-3.37% ↘
Net Income Growth
2.36% ↗
Cash Flow Change
35.14% ↗
ROE
-8.94% ↘
ROCE
-7.14% ↘
EBITDA Margin (Avg.)
4.68% ↗
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 18h agoAI opinion · based on fundamentals
Risk medium
SBI Life Insurance commands a market cap of ~Rs.1,79,949 Cr at a PE of 69.7x and PB of 9.01x, with consistent ROE of ~14% over 3-5 years. The company is virtually debt-free but has seen sales growth moderate to -1% on a TTM basis, while profit growth stands at 5% TTM after a 13% CAGR over 3 years.
Bull Case 7
- Company is almost debt-free, providing financial flexibility and lower risk during economic downturns
- Consistent ROE of 14% over 3 and 5 years indicates stable return generation on equity capital
- Compounded profit growth of 13% over 3 years and 11% over 5 years shows sustained earnings expansion
- 10-year compounded sales growth of 19% demonstrates long-term structural demand for life insurance products
- Market cap of Rs.1,79,949 Cr reflects large-cap stability backed by SBI parentage and extensive distribution network
- Company is expected to deliver a good upcoming quarter based on operational trends
- Stock CAGR of 12% over 3 years and 10% over 5 years shows reasonable long-term wealth creation track record
Bear Case 8
- PE ratio of 69.7x is significantly elevated relative to broader market averages, pricing in high growth expectations
- Stock trades at 9.01x book value, well above typical financial services valuations, limiting margin of safety
- TTM sales growth has turned negative at -1%, a sharp deceleration from the 3-year CAGR of 12%
- Dividend yield of just 0.15% and payout ratio of only 12.2% of profits over 3 years offers minimal income to shareholders
- Poor 5-year sales growth of 6.52% raises questions about medium-term premium growth momentum
- Earnings include other income of Rs.1,991 Cr, suggesting core operating profit quality may be lower than headline numbers
- 1-year stock CAGR of -2% indicates recent underperformance and potential sentiment headwinds
- Tax rate appears low, and any normalization could compress reported net profit going forward
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 18h ago Headwinds 2
- VNB margin compression noted Jul 30
VoNB margin compressed to 26.2% in Q1FY27 due to GST impact and product mix shifts, despite strong absolute VoNB growth of 29% to ₹14.1 billion.
- VNB margin guidance capped Jul 27
FY27 VNB margin guidance set at 26%-28%, suggesting limited near-term margin expansion from current 26.2% levels.
Positives 3
- Q1FY27 profit surges 22% Jul 30
SBI Life reported 22% profit growth to ₹7.2 billion in Q1FY27 with GWP rising 20% to ₹212.9 billion. VoNB grew 29% to ₹14.1 billion on strong bancassurance and agency channel performance.
- Embedded value at ₹85,290 crore Jul 25
Embedded value stands at ₹85,290 crore with solvency ratio at a healthy 1.96, indicating strong balance sheet position.
- BRSR report filed for FY26 Jul 23
SBI Life submitted its Business Responsibility and Sustainability Report for FY 2025-26, covering ESG performance and environmental initiatives.
Neutral 3
- AGM approves all resolutions Aug 14
SBI Life held its 26th AGM on August 14, 2026. Shareholders approved FY26 financials, final dividend, and CEO remuneration revision.
- Investor conference participation Aug 8
SBI Life senior management hosted at Emkay Confluence Investor Conference in Mumbai on August 12, 2026.
- Q1FY27 earnings call scheduled Jul 20
SBI Life held an earnings call on July 24, 2026 at 16:30 IST to discuss Q1FY27 performance.
TL;DR: SBI Life delivered strong Q1FY27 growth with 22% profit increase and 20% GWP expansion, supported by robust bancassurance channels. The key risk is margin compression from GST and product mix shifts, with VNB margin guidance of 26%-28% capping near-term profitability upside. Solvency and embedded value remain healthy. The growth trajectory is positive but investors should watch whether margin stabilizes within the guided range in coming quarters.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 27,895 | 28,805 | 39,033 | 36,255 | 34,654 | 40,302 | 18,862 | 23,071 | 38,996 | 23,115 | 46,133 | 4,071 | 46,337 |
| Expenses | 27,471 | 28,392 | 38,681 | 37,043 | 34,060 | 39,696 | 18,266 | 23,520 | 38,333 | 22,600 | 45,517 | 5,117 | 45,579 |
| Operating Profit | 424 | 413 | 352 | -788 | 594 | 606 | 596 | -449 | 664 | 516 | 615 | -1,046 | 757 |
| OPM % | 1.5% | 1.4% | 0.9% | -2.2% | 1.7% | 1.5% | 3.2% | -1.9% | 1.7% | 2.2% | 1.3% | -26% | 1.6% |
| Other Income | 9 | 12 | 18 | 1,639 | 3 | -4 | -3 | 1,350 | -8 | 16 | 27 | 1,913 | 36 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 433 | 424 | 370 | 851 | 597 | 601 | 594 | 901 | 656 | 532 | 642 | 867 | 793 |
| Tax % | 12% | 10% | 13% | 5% | 13% | 12% | 7% | 10% | 9% | 7% | 10% | 7% | 9% |
| Net Profit | 381 | 380 | 322 | 811 | 520 | 529 | 551 | 814 | 594 | 495 | 577 | 805 | 725 |
| EPS in Rs | 3.81 | 3.8 | 3.21 | 8.1 | 5.19 | 5.28 | 5.5 | 8.12 | 5.93 | 4.93 | 5.75 | 8.02 | 7.23 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 23,299 | 19,324 | 30,548 | 34,068 | 44,604 | 43,798 | 81,913 | 82,983 | 80,636 | 1,31,988 | 1,16,888 | 1,12,315 | 1,19,656 |
| Expenses | 22,505 | 18,404 | 29,479 | 32,736 | 43,130 | 42,447 | 81,040 | 82,254 | 78,713 | 1,29,884 | 1,15,469 | 1,11,451 | 1,18,813 |
| Operating Profit | 794 | 920 | 1,068 | 1,332 | 1,474 | 1,351 | 872 | 730 | 1,923 | 2,104 | 1,420 | 864 | 843 |
| OPM % | 3.4% | 4.8% | 3.5% | 3.9% | 3.3% | 3.1% | 1.1% | 0.9% | 2.4% | 1.6% | 1.2% | 0.8% | 0.7% |
| Other Income | 183 | 129 | 139 | 156 | 266 | 529 | 867 | 1,032 | 51 | 50 | 1,357 | 1,948 | 1,991 |
| Interest | 4 | 5 | 5 | 6 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 34 | 37 | 48 | 59 | 92 | 89 | 99 | 75 | 68 | 76 | 84 | 115 | 0 |
| PBT | 939 | 1,007 | 1,154 | 1,422 | 1,642 | 1,790 | 1,640 | 1,687 | 1,906 | 2,078 | 2,693 | 2,697 | 2,834 |
| Tax % | 13% | 16% | 17% | 19% | 19% | 21% | 11% | 11% | 10% | 9% | 10% | 8% | — |
| Net Profit | 815 | 844 | 955 | 1,150 | 1,327 | 1,422 | 1,456 | 1,506 | 1,721 | 1,894 | 2,413 | 2,470 | 2,601 |
| EPS in Rs | 8.15 | 8.44 | 9.55 | 11.5 | 13.27 | 14.22 | 14.56 | 15.05 | 17.19 | 18.91 | 24.08 | 24.63 | 25.93 |
| Div. Payout % | 15% | 14% | 16% | 17% | 15% | 0% | 17% | 13% | 15% | 14% | 11% | 11% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,001 | 1,001 | 1,002 | 1,003 |
| Reserves | 3,056 | 3,733 | 4,552 | 5,528 | 6,576 | 7,743 | 9,400 | 10,622 | 12,017 | 13,907 | 15,983 | 18,083 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 70,064 | 78,696 | 96,687 | 1,15,193 | 1,39,157 | 1,56,837 | 2,16,430 | 2,61,715 | 3,01,582 | 3,83,369 | 4,40,110 | 4,80,960 |
| Total Liabilities | 74,121 | 83,429 | 1,02,240 | 1,21,720 | 1,46,734 | 1,65,580 | 2,26,830 | 2,73,337 | 3,14,599 | 3,98,277 | 4,57,095 | 5,00,046 |
| Fixed Assets | 292 | 301 | 507 | 511 | 563 | 568 | 564 | 919 | 520 | 551 | 580 | 647 |
| CWIP | 7 | 146 | 31 | 70 | 32 | 13 | 1 | 3 | 1 | 6 | 10 | 41 |
| Investments | 69,385 | 77,843 | 95,830 | 1,14,436 | 1,39,325 | 1,58,813 | 2,18,756 | 2,64,437 | 3,04,334 | 3,85,590 | 4,47,467 | 4,86,367 |
| Other Assets | 4,437 | 5,139 | 5,871 | 6,703 | 6,814 | 6,186 | 7,509 | 7,978 | 9,743 | 12,130 | 9,038 | 12,991 |
| Total Assets | 74,121 | 83,429 | 1,02,240 | 1,21,720 | 1,46,734 | 1,65,580 | 2,26,830 | 2,73,337 | 3,14,599 | 3,98,277 | 4,57,095 | 5,00,046 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 2,711 | 5,778 | 8,525 | 10,395 | 13,473 | 19,299 | 23,878 | 21,852 | 28,656 | 29,122 | 25,547 | 34,523 |
| Investing | -178 | -7,204 | -9,032 | -8,910 | -13,552 | -16,986 | -19,203 | -21,611 | -30,203 | -31,221 | -21,789 | -35,318 |
| Financing | -117 | -144 | -144 | -221 | -241 | -198 | 3 | -231 | -415 | -227 | -215 | -179 |
| Net Cash Flow | 2,416 | -1,570 | -651 | 1,264 | -321 | 2,114 | 4,677 | 10 | -1,962 | -2,327 | 3,543 | -974 |
| Free Cash Flow | 2,687 | 5,600 | 8,377 | 10,288 | 13,325 | 19,210 | 23,763 | 21,785 | 28,581 | 29,008 | 25,441 | 34,338 |
| CFO/OP | 341 | 628 | 798 | 780 | 955 | 1,473 | 2,802 | 3,094 | 1,532 | 1,426 | 1,800 | 3,994 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 0 | -6 | 3 | 3 | 4 | 11 | 1 | -3 | 1 | 4 | 2 | 4 |
| ROCE % | 25% | 23% | 23% | 24% | 22% | 22% | 17% | 15% | 15% | 15% | 17% | 15% |
Documents
1
Intimation Under Regulation 30 Read With Para A Of Part A Of Schedule III Of The SEBI (LODR) Regulations, 2015
24 Apr - Appeal order confirms FY2021-22 GST demand of Rs. 6.19 lakh plus interest and penalty. 24 Apr - Appeal order confirms FY2021-22 GST demand of Rs. 6.19 lakh plus interest and penalty.
2
Announcement under Regulation 30 (LODR)-Press Release / Media Release
22 Apr - SBI Life issued FY26 results: PAT ₹24.7bn, APE ₹242.7bn, GWP ₹1,012.9bn, solvency 1.90. 22 Apr - SBI Life issued FY26 results: PAT ₹24.7bn, APE ₹242.7bn, GWP ₹1,012.9bn, solvency 1.90.
3
Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
22 Apr - Revised FY26 investor presentation issued; Slide 37 sensitivity analysis corrected. 22 Apr - Revised FY26 investor presentation issued; Slide 37 sensitivity analysis corrected.
4
Audio Recording - Earnings Calls For Q4 Of FY 2025-26
22 Apr - SBI Life hosted Q4 FY26 earnings call audio recording on its website. 22 Apr - SBI Life hosted Q4 FY26 earnings call audio recording on its website.
5
Intimation Under Regulation 30 Read With Para A Of Part A Of Schedule III Of The SEBI (LODR) Regulations, 2015
4h - Appeal order confirms FY2021-22 GST demand of Rs. 6.19 lakh plus interest and penalty. 4h - Appeal order confirms FY2021-22 GST demand of Rs. 6.19 lakh plus interest and penalty.
Frequently Asked Questions about SBI Life Insurance Company Ltd
What does SBI Life Insurance Company Ltd do?
SBI Life Insurance Company Ltd is engaged in the business of life insurance and annuity. It was started as a Joint-venture between State Bank of India and BNP Paribas Cardif S.A.[1]
Where is SBI Life Insurance Company Ltd (SBILIFE) listed?
SBI Life Insurance Company Ltd is listed on the Indian stock exchanges. It is listed on NSE: SBILIFE and BSE: 540719. You can view its live share price, financials, and ratios on Tapetide.
Which sector does SBI Life Insurance Company Ltd belong to?
SBI Life Insurance Company Ltd operates in the Financial Services sector within the Insurance industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of SBI Life Insurance Company Ltd?
SBI Life Insurance Company Ltd has a market capitalisation of approximately ₹178704.98 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of SBI Life Insurance Company Ltd?
The Price-to-Earnings (PE) ratio of SBI Life Insurance Company Ltd is 68.57. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of SBI Life Insurance Company Ltd?
Over the past 52 weeks, SBI Life Insurance Company Ltd has traded between a low of ₹1,700.4 and a high of ₹2,132. This range helps investors understand the stock's price volatility and recent trading levels.
Does SBI Life Insurance Company Ltd pay dividends?
Yes, SBI Life Insurance Company Ltd has a dividend yield of 0.15%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of SBI Life Insurance Company Ltd?
SBI Life Insurance Company Ltd has a Return on Equity (ROE) of 12.94%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research SBI Life Insurance Company Ltd on Tapetide?
On Tapetide, you can view SBI Life Insurance Company Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
SBI Life Insurance Company Ltd is engaged in the business of life insurance and annuity. It was started as a Joint-venture between State Bank of India and BNP Paribas Cardif S.A.[1]
Website sbilife.co.in
CEO Mr. Amit Jhingran
Employees 25,672
Listed 2017-10-03
Face Value ₹ 10
Issued Size 1,00,28,29,838