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SBI Life Insurance Company Ltd (SBILIFE)

₹1632.952.39%

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🔔 Earnings Alert

SBI Life Q1 net profit up 36% YoY to Rs 520 crore, net premium income rises 15% YoY to Rs 15,105 crore

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 31 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 31 analysts offering long term price targets for SBI Life Insurance Company Ltd. An average target of ₹1812.1

Source: S&P Global Market Intelligence

SBI Life Insurance Company Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,579.65
    ₹1,650
  • 52 Week's Low

    52 Week's High

    ₹1,251.65
    ₹1,664.95
1 Month Return+ 9.78 %
3 Month Return+ 9.23 %
1 Year Return+ 21.08 %
Previous Close₹1,594.85
Open₹1,580.00
Volume20.99L
Upper Circuit-
Lower Circuit-
Market Cap₹1,59,736.48Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹1,59,736.48 Cr
P/B Ratio8.45
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
HDFC Flexi Cap Fund -Direct Plan - Growth OptionHDFC Flexi Cap Fund -Direct Plan - Growth Option4.04%
ICICI Prudential Bluechip Fund Direct Plan GrowthICICI Prudential Bluechip Fund Direct Plan Growth1.22%
HDFC ELSS TaxSaver -Direct Plan - Growth OptionHDFC ELSS TaxSaver -Direct Plan - Growth Option4.09%
ICICI Prudential India Opportunities Fund Direct GrowthICICI Prudential India Opportunities Fund Direct Growth2.54%
HDFC Focused 30 Fund -Direct Plan - Growth OptionHDFC Focused 30 Fund -Direct Plan - Growth Option3.98%

Company Information

SBI Life Insurance Company Ltd, incorporated in 2001, is a leading life insurance provider in India. SBI Life Insurance offers a wide range of life insurance products and services to individuals, families, and businesses. Its operations include protection, savings, health, retirement, and group insurance.

SBI Life Insurance's top products include term insurance plans, endowment plans, pension plans, children's plans, ULIPs, and group insurance plans. Its popular brands include Smart Shield, Smart Elite, Saral Jeevan Bima, and Grameen Bima. SBI Life Insurance also offers a range of rider benefits such as accidental death benefit, critical illness benefit, and waiver of premium benefit. SBI Life Insurance has a strong customer base with over 1.5 crore policyholders and a network of over 1,000 branches.

Share Price: ₹1632.95 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,59,736.48Cr as of today
Listing date: 03 Oct, 2017
Chairperson Name: DINESH KUMAR KHARA
OrganisationSBI Life Insurance Company Ltd
HeadquartersMumbai
IndustryInsurance
E-voting on sharesClick here to vote

What's happening today

  • img

    Today's Timeline - Invalid Date

    06:43 AM

    -

    SBI Life Insurance among stocks in focus due to quarterly earnings.

    03:36 PM

    -

    SBI Life reports Q1 net profit of Rs 520 crore, up 36% YoY. Net premium income increases 15% YoY.

    03:42 PM

    -

    SBI Life's gross written premium grows YoY to Rs 15,570 crore for June quarter.

  • img

    Today's Timeline - Invalid Date

    06:14 PM

    -

    SBI Life reports 36.48% YoY growth in Q1 net profit to Rs 520 crore. New business premium at Rs 7,033 crore.

Key events for SBI Life Insurance Company Ltd

  • SBI Life Reports Strong Q1 Results - 24 Jul, 2024

    SBI Life Insurance reports a strong Q1 with a 36.48% YoY increase in net profit to Rs 520 crore and new business premium of Rs 7,033 crore. Gross written premium grows YoY to Rs 15,570 crore.

  • SBI Life Insurance Buys Shares, Positive Outlook Ahead of Budget - 23 Jul, 2024

    SBI Life Insurance acquires 0.75% equity stake in Can Fin Homes and market experts predict positive triggers for life insurance businesses in the upcoming budget.

  • SBI Life Insurance Acquires Stake in Can Fin Homes - 22 Jul, 2024

    SBI Life Insurance has acquired a 0.75% stake in Can Fin Homes by purchasing 10 lakh shares at Rs 827.94 per share.

  • SBI Life Insurance Shares Gain 5.4% - 21 Jul, 2024

    SBI Life Insurance Company Ltd, a subsidiary of SBI, gained 5.4% in the week and added Rs 8,458.3 crore in market capitalisation.

  • SBI Life Insurance Stock Recommended for Accumulation - 19 Jul, 2024

    SBI Life Insurance has provided investors with a return of approximately 24% over the past year. Rajesh Palviya suggests that investors buy, hold, and accumulate the stock, with an anticipated upside of 1,700-1,800 and a downside support zone of 1,600-1,570 levels.

  • SBI Life Insurance Reports Strong Q1FY25 Growth - 09 Jul, 2024

    SBI Life Insurance reports strong Q1FY25 growth with NBP expected to increase by 13% and management guiding for an approximate 18% APE growth in FY25. JM Financial has a buy call on the company with a target price of Rs 1783.

  • SBI Life Insurance Sees 22% Rise in June Premiums - 08 Jul, 2024

    Despite a weak base of -13%, SBI Life Insurance saw a 22% rise in premiums for June and a 13% increase for Q1 FY25. Total APE and retail APE grew by 17% and 18%, respectively, indicating an overall positive trend.

  • SBI Life Insurance Company Ltd up for third straight session - 05 Jul, 2024

    SBI Life Insurance Company Ltd stock is up 1.01% on the day, quoting at Rs 1522.95 as of 12:49 IST on NSE. The company has gained around 5.55% in the last one month with a PE ratio of 79.7 based on TTM earnings ending March 24.

  • SBI Life Insurance Stock Up 99% in Five Years - 03 Jul, 2024

    Investors in SBI Life Insurance have seen respectable returns of 99% over the past five years. The stock is up 97% in the last five years, slower than the market return. Over half a decade, SBI Life Insurance managed to grow its earnings per share at 7.3% a year. This optimism is visible in its fairly high P/E ratio of 79.06.

  • SBI Life Insurance Company Ltd Stock Update - 02 Jul, 2024

    SBI Life Insurance Company Ltd (NSE: SBILIFE) is currently trading at 1,489.00 INR on the National Stock Exchange (NSE), showing a decrease of 12.85 INR, or 0.86%, today.

  • SBI Life Insurance Stock Breaks Out of Consolidation Range - 01 Jul, 2024

    SBI Life Insurance stock has broken out of its consolidation range between Rs 1,440-1,480 and is now sustaining levels above it. This suggests a potential upward trend for the stock, which consolidated around positive technical indicators.

  • SBI Life Insurance Stock Shows Potential Upward Trend - 30 Jun, 2024

    SBI Life Insurance stock has broken out of a recent consolidation phase and is now sustaining levels above it, indicating a potential upward trend. The consolidation occurred around significant moving averages, suggesting strong support and stability.

  • Nirmal Bang Expects 17% YoY Growth Run-Rate for SBI Life Insurance in Q1FY25 - 26 Jun, 2024

    SBI Life Insurance is expected to maintain a growth run-rate of 17% YoY in Q1FY25, led by ULIP, Protection and low-ticket NPAR. The company's focus on maintaining a healthier product mix through new launches is likely to reflect positively on margins.

Insights on SBI 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

    MF Holding Up

    img

    Mutual Funds have increased holdings from 12.33% to 12.76% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SBILIFE has outperformed top 5 stocks with highest market-cap in Life & Health Insurance

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Life Insurance Corporation of India has given 73.4% return, outperforming this stock by 52.3%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 55.42% to 55.41% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, SBILIFE stock has moved down by -3.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 4.01% to 3.99% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 25.16% to 24.71% in Jun 2024 quarter

News

Q1FY25 Earning Update: SBI Life Insurance Profit Grows 36% To ₹520 Cr

SBI Life Insurance said it registered a new business premium of Rs 7,033 crore during the period under review compared to Rs 6,207 crore in the June 2023 quarte... Read more

24 Jul, 2024 06:46 PM

SBI Life reports 36% increase in Q1 net profit

SBI Life Insurance reported a 36% increase in net profit to Rs 520 crore for the first quarter ended June 2024, compared to Rs 381 crore in the same quarter the... Read more

24 Jul, 2024 07:13 PM

Q1 Result: SBI Life Insurance Q1 Profit Grows 36% To Rs 520 Crore

Quarter 1 Result: SBI Life Insurance said it registered a new business premium of Rs 7,033 crore during the period under review compared to Rs 6,207 crore in th... Read more

24 Jul, 2024 07:15 PM
View More

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹3,14,686.20Cr
↑15.13%
Total Liabilities
₹3,01,668.72Cr
↑15.27%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹28,656.05Cr
↑31.14%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
55.41%
-0.01
Foreign Institutions
24.71%
-1.79
Mutual Funds
12.76%
3.49
Retail Investors
3.99%
-0.54
Others
3.13%
1.53

Key Indicators

Earnings and Dividends

  • SBI Life Insurance Company Ltd Earnings Results

    SBI Life Insurance Company Ltd’s net profit jumped 4.37% since last year same period to ₹810.80Cr in the Q4 2023-2024. On a quarterly growth basis, SBI Life Insurance Company Ltd has generated 152% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • SBI Life Insurance Company Ltd Dividends March,2024

    In the quarter ending December 2023, SBI Life Insurance Company Ltd has declared dividend of ₹2.70 - translating a dividend yield of 0.17%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

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SBI Life Insurance Company Ltd (SBILIFE) share price today is ₹1632.95

SBI Life Insurance Company Ltd is listed on NSE

SBI Life Insurance Company Ltd is listed on BSE

  • Today’s highest price of SBI Life Insurance Company Ltd is ₹1650.
  • Today’s lowest price of SBI Life Insurance Company Ltd is ₹1579.65.

Today’s traded volume of SBI Life Insurance Company Ltd(SBILIFE) is 20.99L.

Today’s market capitalisation of SBI Life Insurance Company Ltd(SBILIFE) is ₹159736.48Cr.

SBI Life Insurance Company Ltd(SBILIFEPrice
52 Week High
₹1664.95
52 Week Low
₹1251.65

SBI Life Insurance Company Ltd(SBILIFE) share price is ₹1632.95. It is down -1.92% from its 52 Week High price of ₹1664.95

SBI Life Insurance Company Ltd(SBILIFE) share price is ₹1632.95. It is up 30.46% from its 52 Week Low price of ₹1251.65

SBI Life Insurance Company Ltd(SBILIFEReturns
1 Day Returns
38.1%
1 Month Returns
9.78%
3 Month Returns
9.23%
1 Year Returns
21.08%