HDFC Life Insurance Company Ltd
HDFCLIFEHDFC Life Insurance Company Ltd
HDFCLIFEPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
79.11 | 9.42 | 0.31% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
16.98 | 2.36 | 1.02% |
Forecast & Ratings
Detailed Forecast from 35 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
HDFC Life Insurance Company provides various individual and group insurance solutions across India such as term insurance plan, women's plan, health insurance plans, pension plans for retirement planning, child education plans, ULIPs etc
Peers
Compare with peersÂLife Insurance Corporation Of India
Bajaj Finserv Ltd
SBI Life Insurance Company Ltd
ICICI Lombard General Insurance Company Ltd
ICICI Prudential Life Insurance Company Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 18,248.23 | 30,785.59 | 32,541.59 | 38,878.93 | 29,748.96 | 71,973.08 | 67,891.60 | 71,644.40 | 1,02,006.61 | 1,01,286.50 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 1,00,047.52 | ||||||||||
Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
Employee Cost | 859.07 | 1,117.10 | 1,291.77 | 1,410.43 | 1,679.79 | 1,683.30 | 2,145.29 | 3,079.95 | 3,278.25 | |||||||||||
Selling & Administrative Expenses | 16,055.05 | 28,325.23 | 29,617.85 | 34,683.83 | 24,890.33 | 67,834.10 | 63,158.07 | 65,086.37 | 96,460.33 | |||||||||||
Operating & Other expenses | 281.27 | 241.12 | 287.02 | 1,113.56 | 1,669.32 | 776.12 | 1,044.72 | 1,960.83 | 1,211.99 | |||||||||||
EBITDA | 1,052.84 | 1,102.14 | 1,344.95 | 1,671.11 | 1,509.52 | 1,679.56 | 1,543.52 | 1,517.25 | 1,056.04 | 1,238.98 | ||||||||||
Depreciation/Amortization | 44.91 | 41.24 | 44.45 | 45.24 | 46.57 | 50.89 | 56.27 | 75.93 | 78.75 | — | ||||||||||
PBIT | 1,007.93 | 1,060.90 | 1,300.50 | 1,625.87 | 1,462.95 | 1,628.67 | 1,487.25 | 1,441.32 | 977.29 | 1,238.98 | ||||||||||
Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
PBT | 1,007.93 | 1,060.90 | 1,300.50 | 1,625.87 | 1,462.95 | 1,628.67 | 1,487.25 | 1,441.32 | 977.29 | 1,238.98 | ||||||||||
Taxes & Other Items | 191.14 | 173.99 | 193.29 | 13.09 | 165.51 | 267.80 | 160.32 | 73.05 | -596.80 | -508.12 | ||||||||||
Net Income | 816.79 | 886.91 | 1,107.21 | 1,612.78 | 1,297.44 | 1,360.87 | 1,326.93 | 1,368.27 | 1,574.09 | 1,747.10 | ||||||||||
EPS | 4.09 | 4.44 | 5.52 | 8.01 | 6.43 | 6.74 | 6.42 | 6.42 | 7.32 | 8.12 | ||||||||||
DPS | 0.90 | 1.10 | 1.36 | 1.63 | 0.00 | 2.02 | 1.70 | 1.90 | 2.00 | 2.00 | ||||||||||
Payout ratio | 0.22 | 0.25 | 0.25 | 0.20 | 0.00 | 0.30 | 0.26 | 0.30 | 0.27 | 0.25 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
FinancialsInsurance
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
HDFC Life Insurance Company Ltd | 87.81 | 9.42 | 0.31% |
Life Insurance Corporation Of India | 13.22 | 6.52 | 1.17% |
Bajaj Finserv Ltd | 32.89 | 2.58 | 0.06% |
SBI Life Insurance Company Ltd | 81.52 | 10.35 | 0.18% |
Price Comparison
Compare HDFCLIFE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.01%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.32%
Top 5 Mutual Funds holding HDFC Life Insurance Company Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
ICICI Prudential Bluechip Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4798% | Percentage of the fund’s portfolio invested in the stock 1.04% | Change in the portfolio weight of the stock over the last 3 months -0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 50/91 (0) |
ICICI Prudential India Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4418% | Percentage of the fund’s portfolio invested in the stock 2.49% | Change in the portfolio weight of the stock over the last 3 months 0.39% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 11/95 (+39) |
ICICI Prudential Value Discovery Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4242% | Percentage of the fund’s portfolio invested in the stock 1.21% | Change in the portfolio weight of the stock over the last 3 months -0.12% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 21/97 (-2) |
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Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 21, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Jun 21, 2024
Cash Dividend
Ex DateEx DateJun 16, 2023
Dividend/Share
₹1.90
Ex DateEx Date
Jun 16, 2023
Cash Dividend
Ex DateEx DateMay 31, 2022
Dividend/Share
₹1.70
Ex DateEx Date
May 31, 2022
Cash Dividend
Ex DateEx DateJun 30, 2021
Dividend/Share
₹2.02
Ex DateEx Date
Jun 30, 2021
Cash Dividend
Ex DateEx DateMar 14, 2019
Dividend/Share
₹1.63
Ex DateEx Date
Mar 14, 2019
Oracle Financial Services Software Ltd, CEAT Ltd, Punjab & Sind Bank, L&T Technology Services Ltd are among the other stocks to see a surge in volumes on BSE today, 16 January 2025.HDFC Life Insurance Company Ltd notched up volume of 8.91 lakh shares by 10:46 IST on BSE, a 18.8 fold spurt over two-week average daily volume of 47404 shares. The stock rose 10.59% to Rs.657.20. Volumes stood at 65652 shares in the last session.Oracle Financial Services Software Ltd registered volume of 19050 shares by 10:46 IST on BSE, a 5.83 fold spurt over two-week average daily volume of 3270 shares. The stock slipped 4.40% to Rs.10,100.00. Volumes stood at 6138 shares in the last session.CEAT Ltd recorded volume of 25261 shares by 10:46 IST on BSE, a 5.66 times surge over two-week average daily volume of 4465 shares. The stock lost 5.63% to Rs.2,885.35. Volumes stood at 2975 shares in the last session.Punjab & Sind Bank notched up volume of 7.28 lakh shares by 10:46 IST on BSE, a 5.53 fold spurt over two-week average daily volume of 1.32 lakh shares. The stock rose 9.00% to Rs.50.48. Volumes stood at 1.69 lakh shares in the last session.L&T Technology Services Ltd recorded volume of 25917 shares by 10:46 IST on BSE, a 4.33 times surge over two-week average daily volume of 5988 shares. The stock gained 7.19% to Rs.5,200.00. Volumes stood at 10368 shares in the last session.Powered by Capital Market - Live
Net income from investments tumbled 98.31% to Rs 192.09 crore in Q3 FY25 as compared to Rs 11,369.81 posted in same quarter last year. Profit before tax stood at Rs 444.82 crore in the December 2024 quarter, registering a growth of 21.26% on YoY basis. On nine month basis, the company's standalone net profit rose 14.55% to Rs 1,325.58 crore on 10.56% increase in net premium income to Rs 45,850.58 crore in 9M FY25 over 9M FY24. Assets under management (AUM) jumped 18% YoY to Rs 3,286,800 crore during the nine months ended on 31 December 2024. The value of new business (VNB) grew by 14% YoY to Rs 2,586 crore in 9M FY25. The company's Indian embedded value (IEV) in 9M FY25 was at Rs 53,246 crore, registering a growth of 18% YoY. The life insurer's new business margin fell to 25.1% in 9M FY25 as against 26.5% recorded in 9M FY24. The solvency ratio slipped to 188% in 9M FY25 from 190% recorded in 9M FY24. A persistency ratio for the 13th and 61st months has improved to 87% and 61%, respectively. This represents a significant increase of 110 basis points and 780 basis points compared to the previous year, demonstrating the company's strong customer engagement and retention. Vibha Padalkar, MD & CEO, said, 'We have registered a healthy growth of 22%, based on individual WRP for 9MFY25, outpacing overall industry growth of 14%. We have witnessed both ticket size and volume expansion during this period. The number of policies has grown by 15%, outperforming the private sector's growth of 9%. Retail protection continues to grow well. Retail protection APE for nine months saw a growth of 28%. We are committed to adapting to the evolving market landscape with agility and resilience. This includes continued investment in distribution, tech and customer-centric product innovations to deliver long-term value for our stakeholders.' HDFC Life Insurance Company is a leading, listed, long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs such as protection, pension, savings, investment, annuity, and health. The company has more than 80 products (including individual and group products) and optional riders in its portfolio, catering to a diverse range of customer needs. Powered by Capital Market - Live
Net profit of HDFC Life Insurance Company rose 14.63% to Rs 421.31 crore in the quarter ended December 2024 as against Rs 367.54 crore during the previous quarter ended December 2023. Sales rose 10.20% to Rs 16831.84 crore in the quarter ended December 2024 as against Rs 15273.25 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales16831.8415273.25 10 OPM %2.661.73 - PBDT418.73367.03 14 PBT418.73367.03 14 NP421.31367.54 15 Powered by Capital Market - Live
Net income from investments tumbled 98.31% to Rs 192.09 crore in Q3 FY25 as compared to Rs 11,369.81 posted in same quarter last year. Profit before tax stood at Rs 444.82 crore in the December 2024 quarter, registering a growth of 21.26% on YoY basis. On nine month basis, the company's standalone net profit rose 14.55% to Rs 1,325.58 crore on 10.56% increase in net premium income to Rs 45,850.58 crore in 9M FY25 over 9M FY24. Assets under management (AUM) jumped 18% YoY to Rs 3,286,800 crore during the nine months ended on 31 December 2024. The value of new business (VNB) grew by 14% YoY to Rs 2,586 crore in 9M FY25. The company's Indian embedded value (IEV) in 9M FY25 was at Rs 53,246 crore, registering a growth of 18% YoY. The life insurer's new business margin fell to 25.1% in 9M FY25 as against 26.5% recorded in 9M FY24. The solvency ratio slipped to 188% in 9M FY25 from 190% recorded in 9M FY24. A persistency ratio for the 13th and 61st months has improved to 87% and 61%, respectively. This represents a significant increase of 110 basis points and 780 basis points compared to the previous year, demonstrating the company's strong customer engagement and retention. Vibha Padalkar, MD & CEO, said, 'We have registered a healthy growth of 22%, based on individual WRP for 9MFY25, outpacing overall industry growth of 14%. We have witnessed both ticket size and volume expansion during this period. The number of policies has grown by 15%, outperforming the private sector's growth of 9%. Retail protection continues to grow well. Retail protection APE for nine months saw a growth of 28%. We are committed to adapting to the evolving market landscape with agility and resilience. This includes continued investment in distribution, tech and customer-centric product innovations to deliver long-term value for our stakeholders.' HDFC Life Insurance Company is a leading, listed, long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs such as protection, pension, savings, investment, annuity, and health. The company has more than 80 products (including individual and group products) and optional riders in its portfolio, catering to a diverse range of customer needs. The scrip shed 0.99% to settle at Rs 594.25 on the BSE. Powered by Capital Market - Live
HDFC Life Insurance Company Ltd dropped for a fifth straight session today. The stock is quoting at Rs 596.65, down 0.52% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.32% on the day, quoting at 23159.6. The Sensex is at 76522.73, up 0.25%.HDFC Life Insurance Company Ltd has eased around 6.03% in last one month.Meanwhile, Nifty Financial Services index of which HDFC Life Insurance Company Ltd is a constituent, has eased around 8.75% in last one month and is currently quoting at 22400.45, up 1.25% on the day. The volume in the stock stood at 18.67 lakh shares today, compared to the daily average of 26.86 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 599.25, down 0.27% on the day. HDFC Life Insurance Company Ltd tumbled 2.9% in last one year as compared to a 4.81% rally in NIFTY and a 5.69% spurt in the Nifty Financial Services index.The PE of the stock is 76.47 based on TTM earnings ending September 24.Powered by Capital Market - Live
HDFC Life Insurance Company will hold a meeting of the Board of Directors of the Company on 15 January 2025.Powered by Capital Market - Live
The first order is for short reversal of proportionate input tax credit on common services attributable to exempted supplies and excess availment of input tax credit under reverse charge mechanism for a period from April 1, 2020 to March 31, 2021. The tax demand stood at Rs 152.87 crore and the interest of Rs 117.71 crore. The subsequent order is for excess availment of input tax credit due to mismatch in GSTR3B vs GSTR2A and excess input service distributer credit distributed to the state of Maharashtra for a period from April 1, 2020 to March 31, 2021. The tax demand stood at Rs 59.95 crore and the interest of Rs 47.79 crore. The company stated that these orders are appealable before the Appellate Authority and it will file its appeal within the specified period. HDFC Life Insurance Company is a leading, listed, long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs such as protection, pension, savings, investment, annuity, and health. The company has more than 80 products (including individual and group products) and optional riders in its portfolio, catering to a diverse range of customer needs. HDFC Life Insurance Company's standalone net profit jumped 14.91% to Rs 432.99 crore on 12.29% rise in net premium income to Rs 16,569.70 crore in Q2 FY25 over Q2 FY24. The scrip rose 0.14% to currently trade at Rs 618 on the BSE. Powered by Capital Market - Live
HDFC Life Insurance Company will hold a meeting of the Board of Directors of the Company on 15 January 2025.Powered by Capital Market - Live
The Board of HDFC Life Insurance Company at its meeting held on 10 December 2024 has approved an investment of Rs 6.6 crore in the equity share capital of Bima Sugam India Federation (Bima Sugam)Powered by Capital Market - Live
HDFC Life Insurance Company Ltd is down for a fifth straight session today. The stock is quoting at Rs 652.55, down 0.78% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.89% on the day, quoting at 24127.8. The Sensex is at 79829.09, up 0.99%.HDFC Life Insurance Company Ltd has lost around 10.25% in last one month.Meanwhile, Nifty Financial Services index of which HDFC Life Insurance Company Ltd is a constituent, has eased around 0.41% in last one month and is currently quoting at 23919.6, up 0.08% on the day. The volume in the stock stood at 32.45 lakh shares today, compared to the daily average of 29.88 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 658.15, down 0.45% on the day. HDFC Life Insurance Company Ltd tumbled 5.53% in last one year as compared to a 19.84% rally in NIFTY and a 19.37% spurt in the Nifty Financial Services index.The PE of the stock is 83.88 based on TTM earnings ending September 24.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 21.28%, vs industry avg of 11.66%
Increasing Market Share
Over the last 5 years, market share increased from 4.57% to 6.87%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -0.48%, vs industry avg of 34.38%