SBI Life Insurance Company Ltd

However, total income dropped 35.66% YoY to Rs 24,169.41 crore in the quarter ended 31 March 2025. On a sequential basis, the company's net profit and revenue jumped by 47.69% and 30.34%, respectively, compared to Q3 FY25. The life insurer's net premium income declined 4.99% YoY to Rs 23,860.71 crore in Q4 FY25. However, the company reported a loss of Rs 1,040.83 crore from investments in the March quarter of FY25, compared to an investment income of Rs 10,811.70 crore in the same period of FY24. On a full-year basis, the company's net profit jumped by 27.43% to Rs 2,413.30 crore despite an 11.69% decline in total income to Rs 1,17,118.67 crore in FY25 over FY24. The company's net worth grew by 14% YoY to Rs 16,980 crore in FY25 as compared to Rs 14,910 crore recorded in FY24. SBI Life reported a robust solvency ratio of 1.96 as on 31 March 2025 as against the regulatory requirement of 1.50 indicating strong financial position of the company. Assets under management (AuM) grew by 15% YoY to Rs 4,48,040 crore as of 31 March 2025, with a debt-equity mix of 61:39. Over 94% of the debt investments are in AAA and sovereign instruments. Value of new business (VoNB) increased by 7% YoY to Rs 5,950 crore for FY25. VoNB margin reduced to 27.8% in FY25 as against 28.1% recorded in FY24. New business premium (NBP) slipped 7% YoY to Rs 35,580 crore in FY25. Gross written premium (GWP) grew 4% to 84,980 crore in FY25, mainly due to 11% growth in new business regular premium (RP) and 14% growth in renewal premium (RP) in FY25. The company's total cost ratio for FY25 was at 9.7% as compared with 8.9% reported in FY24. The commission ratio was at 4.4% in FY25 as against 4% in FY24. Operating expense ratio for FY25 was 5.3% as against 4.9% in FY24. Annualized premium equivalent (APE) stood at Rs 21,420 crore, registering growth of 9% YoY. SBI Life recorded strong growth in 13th-month and 61st-month persistency (based on premium considering regular premium/limited premium payment under the individual category) in FY25 by 63 bps and 528 bps respectively, due to our focus on improving the quality of business and customer retention. SBI Life Insurance Company is carrying on the business of life insurance. The company's life insurance business comprises individual life and group business, including participating, non-participating, pension, group gratuity, group leave encashment, group superannuation, group immediate annuity, unit-linked insurance products, variable insurance products, health, and microinsurance. Some of these policies have riders such as accident and disability benefit, level term, and critical illness. Powered by Capital Market - Live

However, total income dropped 35.66% YoY to Rs 24,169.41 crore in the quarter ended 31 March 2025. On a sequential basis, the company's net profit and revenue jumped by 47.69% and 30.34%, respectively, compared to Q3 FY25. The life insurer's net premium income declined 4.99% YoY to Rs 23,860.71 crore in Q4 FY25. However, the company reported a loss of Rs 1,040.83 crore from investments in the March quarter of FY25, compared to an investment income of Rs 10,811.70 crore in the same period of FY24. On a full-year basis, the company's net profit jumped by 27.43% to Rs 2,413.30 crore despite an 11.69% decline in total income to Rs 1,17,118.67 crore in FY25 over FY24. The company's net worth grew by 14% YoY to Rs 16,980 crore in FY25 as compared to Rs 14,910 crore recorded in FY24. SBI Life reported a robust solvency ratio of 1.96 as on 31 March 2025 as against the regulatory requirement of 1.50 indicating strong financial position of the company. Assets under management (AuM) grew by 15% YoY to Rs 4,48,040 crore as of 31 March 2025, with a debt-equity mix of 61:39. Over 94% of the debt investments are in AAA and sovereign instruments. Value of new business (VoNB) increased by 7% YoY to Rs 5,950 crore for FY25. VoNB margin reduced to 27.8% in FY25 as against 28.1% recorded in FY24. New business premium (NBP) slipped 7% YoY to Rs 35,580 crore in FY25. Gross written premium (GWP) grew 4% to 84,980 crore in FY25, mainly due to 11% growth in new business regular premium (RP) and 14% growth in renewal premium (RP) in FY25. The company's total cost ratio for FY25 was at 9.7% as compared with 8.9% reported in FY24. The commission ratio was at 4.4% in FY25 as against 4% in FY24. Operating expense ratio for FY25 was 5.3% as against 4.9% in FY24. Annualized premium equivalent (APE) stood at Rs 21,420 crore, registering growth of 9% YoY. SBI Life recorded strong growth in 13th-month and 61st-month persistency (based on premium considering regular premium/limited premium payment under the individual category) in FY25 by 63 bps and 528 bps respectively, due to our focus on improving the quality of business and customer retention. SBI Life Insurance Company is carrying on the business of life insurance. The company's life insurance business comprises individual life and group business, including participating, non-participating, pension, group gratuity, group leave encashment, group superannuation, group immediate annuity, unit-linked insurance products, variable insurance products, health, and microinsurance. Some of these policies have riders such as accident and disability benefit, level term, and critical illness. Powered by Capital Market - Live

Net profit of SBI Life Insurance Company rose 0.33% to Rs 813.51 crore in the quarter ended March 2025 as against Rs 810.80 crore during the previous quarter ended March 2024. Sales declined 5.00% to Rs 23860.71 crore in the quarter ended March 2025 as against Rs 25116.47 crore during the previous quarter ended March 2024. For the full year,net profit rose 27.43% to Rs 2413.30 crore in the year ended March 2025 as against Rs 1893.78 crore during the previous year ended March 2024. Sales rose 4.31% to Rs 84059.83 crore in the year ended March 2025 as against Rs 80587.10 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales23860.7125116.47 -5 84059.8380587.10 4 OPM %-1.88-3.14 -1.600.50 - PBDT900.63851.13 6 2692.602077.79 30 PBT900.63851.13 6 2692.602077.79 30 NP813.51810.80 0 2413.301893.78 27 Powered by Capital Market - Live

SBI Life Insurance Company will hold a meeting of the Board of Directors of the Company on 24 April 2025.Powered by Capital Market - Live

SBI Life Insurance Company Ltd fell for a fifth straight session today. The stock is quoting at Rs 1423.4, down 0.5% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 22150.4. The Sensex is at 73194.07, down 0.01%.SBI Life Insurance Company Ltd has eased around 3.33% in last one month.Meanwhile, Nifty Financial Services index of which SBI Life Insurance Company Ltd is a constituent, has eased around 2.64% in last one month and is currently quoting at 23028.95, down 0.14% on the day. The volume in the stock stood at 6.96 lakh shares today, compared to the daily average of 9.86 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 1425.4, down 0.5% on the day. SBI Life Insurance Company Ltd tumbled 6.23% in last one year as compared to a 1.14% slide in NIFTY and a 9.89% spurt in the Nifty Financial Services index.The PE of the stock is 59.5 based on TTM earnings ending December 24.Powered by Capital Market - Live

SBI Life Insurance Company announced that the Board of Directors of the Company at its meeting held on 28 February 2025, inter alia, have recommended the interim dividend of Rs 2.7 per equity Share (i.e. 27%) , subject to the approval of the shareholders.Powered by Capital Market - Live

SBI Life Insurance Company has fixed 07 March 2025 as record date for payment of interim dividend on equity shares for FY 2024-25, if declared. Powered by Capital Market - Live

SBI Life Insurance Company will hold a meeting of the Board of Directors of the Company on 28 February 2025.Powered by Capital Market - Live

SBI Life Insurance Company has allotted 27,971 equity shares under ESOS on 14 February 2025. Post the allotment, the paid-up share capital of the Company is Rs. 10,02,11,69,710/- consisting of 100,21,16,971 equity shares of Rs. 10 each.Powered by Capital Market - Live

SBI Life Insurance Company Ltd is down for a fifth straight session today. The stock is quoting at Rs 1442.05, down 0.54% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.1% on the day, quoting at 23183. The Sensex is at 76475.73, down 0.06%.SBI Life Insurance Company Ltd has added around 2.34% in last one month.Meanwhile, Nifty Financial Services index of which SBI Life Insurance Company Ltd is a constituent, has eased around 4.87% in last one month and is currently quoting at 22625.85, down 0.17% on the day. The volume in the stock stood at 8.37 lakh shares today, compared to the daily average of 15.76 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 1444, down 0.68% on the day. SBI Life Insurance Company Ltd jumped 4.43% in last one year as compared to a 8.57% rally in NIFTY and a 12.37% spurt in the Nifty Financial Services index.The PE of the stock is 60.24 based on TTM earnings ending December 24.Powered by Capital Market - Live