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HDFC Life Insurance Company Ltd (HDFCLIFE)

₹638.050.39%

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🔔 Earnings Alert

HDFC Life Q1 net profit rises 15% YoY to Rs 477.65 crore, net premium income up 8.9% YoY to Rs 12,509.62 crore

Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 33 analysts

BUY

84.38%

Buy

12.50%

Hold

3.12%

Sell

Based on 33 analysts offering long term price targets for HDFC Life Insurance Company Ltd. An average target of ₹722.52

Source: S&P Global Market Intelligence

HDFC Life Insurance Company Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹630.5
    ₹648
  • 52 Week's Low

    52 Week's High

    ₹511.4
    ₹710.6
1 Month Return+ 5.71 %
3 Month Return+ 3.69 %
1 Year Return-4.74 %
Previous Close₹635.55
Open₹635.55
Volume69.52L
Upper Circuit-
Lower Circuit-
Market Cap₹1,36,705.49Cr

Key Statistics

P/E Ratio86.82
PEG Ratio98.66
Market Cap₹1,36,705.49 Cr
P/B Ratio9.29
EPS6.43

Mutual Fund Holdings

Funds HoldingsPrev. 6M
ICICI Prudential Value Discovery Fund Direct Plan GrowthICICI Prudential Value Discovery Fund Direct Plan Growth1.65%
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth1.12%
ICICI Prudential Multi-Asset Fund Direct Plan GrowthICICI Prudential Multi-Asset Fund Direct Plan Growth1.23%
ICICI Prudential Bluechip Fund Direct Plan GrowthICICI Prudential Bluechip Fund Direct Plan Growth0.91%
ICICI Prudential Equity Savings Fund Direct GrowthICICI Prudential Equity Savings Fund Direct Growth3.49%

Company Information

HDFC Life Insurance Company Ltd is a leading life insurance company in India. It was incorporated in 2000 and is headquartered in Mumbai. HDFC Life Insurance Company Ltd offers a wide range of life insurance products to meet the needs of its customers. Its products include term life insurance, whole life insurance, health insurance, pension plans, savings plans and child plans.

The company also offers a range of popular brands such as Click2Protect, Smart Woman, Smart Kid, Saral Jeevan Bima and Super Income Plan. HDFC Life Insurance Company Ltd also provides additional services such as wealth management, estate planning and retirement planning.

Share Price: ₹638.05 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,36,705.49Cr as of today
Revenue: ₹28,215.61Cr as on March 2024 (Q1 24)
Net Profit: ₹411.64Cr as on March 2024 (Q1 24)
Listing date: 17 Nov, 2017
Chairperson Name: Deepak Parekh
OrganisationHDFC Life Insurance Company Ltd
HeadquartersMumbai
IndustryInsurance
E-voting on sharesClick here to vote

What's happening today

  • img

    Today's Timeline - Invalid Date

    10:59 AM

    -

    HDFC Life Insurance to announce Q1 results for the quarter ended June 31, 2024.

    03:45 PM

    -

    HDFC Life's standalone net profit jumps 15% YoY to Rs. 477.65 crore in Q1 FY25; assets under management rise 22% YoY.

    05:41 PM

    -

    HDFC Life's chairman suggests insurance regulator may consider implementing a risk-based supervision model similar to banking sector.

Key events for HDFC Life Insurance Company Ltd

  • HDFC Life Reports Strong Q1 Results and Suggests Regulatory Changes - 15 Jul, 2024

    HDFC Life reports strong Q1 results with a 15% YoY increase in net profit and 8.9% YoY increase in net premium income. The company's chairman suggests regulatory changes may be on the horizon.

  • HDFC Life Expected to Report Strong Q1 Results - 12 Jul, 2024

    HDFC Life is projected to see double-digit growth in net profit and a surge in gross premium income for Q1FY25. The value of new business (VNB) is also set to rise, but VNB margins may face compression due to higher payouts and investment in low tickets.

  • HDFC Life Increases Premiums on Term and Health Insurance Policies - 10 Jul, 2024

    HDFC Life has increased its term insurance premiums by 4-7% due to various factors. Additionally, the company is expected to raise health insurance premiums by 15-18%, which led to a 2% increase in share prices. The insurer also raised term insurance premiums by 10% for those over 60.

  • HDFC Life Insurance Sees Growth in Q1FY25 - 09 Jul, 2024

    HDFC Life Insurance reports an increase in New Business Premium and Total Annualized Premium Equivalent in Q1FY25. Analysts recommend buying with a target price of Rs 819.

  • HDFC Life Reports Strong Performance and Bullish Breakout - 08 Jul, 2024

    HDFC Life Insurance Company Ltd reports strong performance in premium and APE, while also giving a bullish breakout on the weekly chart with an upside target of Rs 660.

  • HDFC Life Insurance Receives GST Order for Tax and Penalty - 01 Jul, 2024

    HDFC Life Insurance has received a GST order demanding a tax and penalty of Rs 132.7 crore from the Joint Commissioner, CGST & Central Excise, Thane Commissionerate, Maharashtra.

  • HDFC Life Insurance Receives Tax Demand of Rs 1,495.17 Crore - 29 Jun, 2024

    The Income Tax Department has demanded HDFC Life Insurance to pay Rs 1,495.17 crore for the assessment year 2021-22, including interest of Rs 592.41 crore. The company is filing a rectification application before the Tax Authority, and after the order is passed, the revised tax demand is expected to be approximately Rs 1,141.09 crore. The authorities found that the company had not included Negative Reserves in the taxable surplus, classified shareholders net investment income as income from the life insurance business rather than Income from Other Sources, and incorrectly claimed contributions from shareholders as deductions when calculating shareholders profit.

  • HDFC Life Receives Tax Demand Worth Over Rs 2,000 Crore - 28 Jun, 2024

    HDFC Life Insurance has received an income tax order worth Rs 2,087.58 crore including interest for AY2021-22. The company will appeal before the higher judge. HDFC Life also received a tax demand of Rs 1,495.17 crore for AY2021-22, which it claims was calculated incorrectly. Additionally, the insurer reported a jump in standalone net profit by 14.77% to Rs 411.66 crore in Q4 FY24. On another note, HDFC Life launched the Bridge the Gap campaign to increase life insurance awareness.

  • HDFC Life Insurance Stock Shows Signs of Potential Trend Reversal - 27 Jun, 2024

    HDFC Life Insurance stock has recorded a breakout from a trend reversal pattern and rebounded higher with strong volumes. It has support from its short-term moving average, indicating momentum is in place. Traders can consider initiating fresh long positions.

  • HDFC Life Insurance to See Sustained Momentum in June - 26 Jun, 2024

    Nirmal Bang expects HDFC Life Insurance's momentum to continue in June, driven by growth in tier 2/3 markets and regional partnerships. While Credit Protect may remain soft, NPAR volume is seeing a pick-up on the back of Click 2 Achieve. The company has guided for an impact of ~100bps on FY25 VNB margin due to higher surrender pay-outs on early exits.

  • ICICI Direct Research Gives Buy Call on HDFC Life Insurance June Futures - 25 Jun, 2024

    ICICI Direct Research has given a buy call on HDFC Life Insurance June futures with a target share price of Rs 630 apiece and advised investors to keep stop loss at Rs 574.9. However, the brokerage firm has given a sell call on Titan June futures with a target share price of Rs 3,260 and advised investors to initiate a sell position on the stock in the derivatives segment.

  • HDFC Life Insurance Receives Buy Rating and Revised Target Price - 20 Jun, 2024

    Geojit Financial Services has upgraded its rating on HDFC Life Insurance Company from HOLD to BUY with a revised target price of Rs. 710 based on FY26E embedded value per share. The company reported net premium growth of 5.5% YoY in Q4FY24, while AUM increased 22.4% YoY to Rs. 2,92,220cr. Management is optimistic about achieving 15% YoY growth in retail and total annualised premium equivalent (APE) in FY25.

Insights on HDFC Life Insurance Company Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 367.54 Cr → 411.64 Cr (in ₹), with an average increase of 10.7% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 23.27K Cr → 28.21K Cr (in ₹), with an average increase of 9.0% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 4.46% to 5.77% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, SBI Life Insurance Company Ltd has given 48.4% return, outperforming this stock by 56.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Life Insurance Corporation of India has given 69.4% return, outperforming this stock by 74.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 50.37% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 31.28% to 30.03% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, HDFCLIFE stock has moved down by -4.7%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 11.75% to 11.64% in Mar 2024 quarter

HDFC Life Insurance Company Ltd Infographics

HDFC life Limited July-September'23 Results: Financial Performance

HDFC Life shows healthy growth, broadening its customer base

  •  HDFC Life shows healthy growth, broadening its customer base
  • Net premium income grew by 12.5% YoY for Q2 FY24
  • Income from investments declined by 17% YoY for Q2 FY24
  • Net Profits grew by 15% due to an uptick in policies sold for Q2 FY24
  • AUM grew by 18% despite the recent budget changes YoY
  • Net profits rose by 15% due to an increase in premiums and other income. Recorded a healthy growth of 10% in individual WRP vs 8% for overall industry

News

HDFC Life Insurance Q1 Results: Profit surges 14.9% on-year at Rs 478.97 crore; APE up 23%

HDFC Life Insurance Company’s net premium income for the quarter stood at Rs 12,548.42 crore as against Rs 11,507.89 crore during the same period last year.

15 Jul, 2024 03:25 PM

HDFC Life Q1 Results: Revenue Rises, Margin Contracts

Persistency ratios show improvement, reflecting the company’s effective customer retention strategies.

15 Jul, 2024 03:50 PM

HDFC Life's Profits Climb Thanks To Market-Linked Insurance Demand

A strong quarter for HDFC Life with a 15% profit boost and rising ULIP sales, despite a slight dip in VNB margins

15 Jul, 2024 04:33 PM
View More

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹28,215.61Cr
↑4.39%
Net Income
₹411.64Cr
↑12.00%
Net Profit Margin
1.46%
↑7.35%
2024Y/Y Change
Revenue
₹1,01,481.80Cr
↑44.55%
Net Income
₹1,574.08Cr
↑15.04%
Net Profit Margin
1.55%
↓20.51%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹3,02,507.06Cr
↑22.02%
Total Liabilities
₹2,87,855.32Cr
↑22.53%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹10,725.18Cr
↑55.85%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
50.37%
0.00
Foreign Institutions
30.03%
0.00
Mutual Funds
5.77%
0.00
Retail Investors
11.64%
0.00
Others
2.19%
0.00

Key Indicators

HDFC Life Insurance Company Ltd Valuation

HDFC Life Insurance Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (51.17x)

March 23, 2020

Industry (26.50x)

July 12, 2024

Today (86.82x)

July 12, 2024

Highest (131.62x)

October 5, 2021

LowHigh

Earnings and Dividends

  • HDFC Life Insurance Company Ltd Earnings Results

    HDFC Life Insurance Company Ltd’s net profit jumped 13.72% since last year same period to ₹411.64Cr in the Q4 2023-2024. On a quarterly growth basis, HDFC Life Insurance Company Ltd has generated 12% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • HDFC Life Insurance Company Ltd Dividends April,2024

    In the quarter ending March 2024, HDFC Life Insurance Company Ltd has declared dividend of ₹2 - translating a dividend yield of 0.61%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

HDFC Life Insurance Company Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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HDFC Life Insurance Company Ltd (HDFCLIFE) share price today is ₹638.05

HDFC Life Insurance Company Ltd is listed on NSE

HDFC Life Insurance Company Ltd is listed on BSE

  • Today’s highest price of HDFC Life Insurance Company Ltd is ₹648.
  • Today’s lowest price of HDFC Life Insurance Company Ltd is ₹630.5.

PE Ratio of HDFC Life Insurance Company Ltd is 86.82

PE ratio = HDFC Life Insurance Company Ltd Market price per share / HDFC Life Insurance Company Ltd Earnings per share

Today’s traded volume of HDFC Life Insurance Company Ltd(HDFCLIFE) is 69.52L.

Today’s market capitalisation of HDFC Life Insurance Company Ltd(HDFCLIFE) is ₹136705.49Cr.

HDFC Life Insurance Company Ltd(HDFCLIFEPrice
52 Week High
₹710.6
52 Week Low
₹511.4

HDFC Life Insurance Company Ltd(HDFCLIFE) share price is ₹638.05. It is down -10.21% from its 52 Week High price of ₹710.6

HDFC Life Insurance Company Ltd(HDFCLIFE) share price is ₹638.05. It is up 24.77% from its 52 Week Low price of ₹511.4

HDFC Life Insurance Company Ltd(HDFCLIFEReturns
1 Day Returns
2.5%
1 Month Returns
5.71%
3 Month Returns
3.69%
1 Year Returns
-4.74%