MarketFriction

SBI Life Insurance Company Ltd

NSE SBILIFE · BSE 540719 · Life Insurance
₹1,721.60 +1.49%
NSE close2026-10-01
52 week range1,652.90 - 2,132.00
Market cap₹1,74,091 Cr.
P/E66.9
IPO 2017 · +146% since Nifty 50Nifty 100Nifty 200Nifty 500Nifty Financial Services No price band Delivery 63.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales28,80539,03336,25534,65440,30218,86223,07138,99623,11546,1334,07146,337
Expenses28,39238,68137,04334,06039,69618,26623,52038,33322,60045,5175,11745,579
Operating Profit413352-788594606596-449664516615-1,046757
OPM %1.4%0.9%-2.2%1.7%1.5%3.2%-1.9%1.7%2.2%1.3%-26%1.6%
Other Income12181,6393-4-31,350-816271,91336
Interest000000000000
Depreciation000000000000
Profit before tax424370851597601594901656532642867793
Tax %10%13%5%13%12%7%10%9%7%10%7%9%
Net Profit380322811520529551814594495577805725
EPS in Rs3.803.218.105.195.285.508.125.934.935.758.027.23
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales19,32430,54834,06844,60443,79881,91382,98380,636131,988116,888112,315119,656
Expenses18,40429,47932,73643,13042,44781,04082,25478,713129,884115,469111,451118,813
Operating Profit9201,0681,3321,4741,3518727301,9232,1041,420864843
OPM %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 Income1291391562665298671,03251501,3571,9481,991
Interest556800000000
Depreciation374859928999756876841150
Profit before tax1,0071,1541,4221,6421,7901,6401,6871,9062,0782,6932,6972,834
Tax %16%17%19%19%21%11%11%10%9%10%8%
Net Profit8449551,1501,3271,4221,4561,5061,7211,8942,4132,4702,601
EPS in Rs8.449.5511.5013.2714.2214.5615.0517.1918.9124.0824.6325.93
Dividend Payout %14%16%17%15%0%17%13%15%14%11%11%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth19%7%12%-1%
Compounded Profit Growth11%11%13%5%
Stock Price CAGR%7%10%-3%
Return on Equity15%14%14%14%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1,0001,0001,0001,0001,0001,0001,0001,0001,0011,0011,0021,003
Reserves3,0563,7334,5525,5286,5767,7439,40010,62212,01713,90715,98318,083
Borrowings000000000000
Other Liabilities70,06478,69696,687115,193139,157156,837216,430261,715301,582383,369440,110480,960
Total Liabilities74,12183,429102,240121,720146,734165,580226,830273,337314,599398,277457,095500,046
Fixed Assets292301507511563568564919520551580647
CWIP71463170321313161041
Investments69,38577,84395,830114,436139,325158,813218,756264,437304,334385,590447,467486,367
Other Assets4,4375,1395,8716,7036,8146,1867,5097,9789,74312,1309,03812,991
Total Assets74,12183,429102,240121,720146,734165,580226,830273,337314,599398,277457,095500,046
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2,7115,7788,52510,39513,47319,29923,87821,85228,65629,12225,54734,523
Cash from Investing Activity-178-7,204-9,032-8,910-13,552-16,986-19,203-21,611-30,203-31,221-21,789-35,318
Cash from Financing Activity-117-144-144-221-241-1983-231-415-227-215-179
Net Cash Flow2,416-1,570-6511,264-3212,1144,67710-1,962-2,3273,543-974
Free Cash Flow2,6875,6008,37710,28813,32519,21023,76321,78528,58129,00825,44134,338
CFO/OP341%628%798%780%955%1,473%2,802%3,094%1,532%1,426%1,870%4,112%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days000000000000
Inventory Days
Days Payable
Cash Conversion Cycle000000000000
Working Capital Days0-6334111-31424
ROCE %25%23%23%24%22%22%17%15%15%15%17%15%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters55.44%55.43%55.42%55.41%55.39%55.38%55.38%55.37%55.36%55.34%55.33%55.32%
FIIs26.17%25.92%25.16%24.70%25.18%22.48%21.88%22.34%21.85%21.88%21.51%20.95%
DIIs14.27%14.63%15.40%15.88%15.32%17.91%18.67%18.24%18.70%18.72%19.13%19.67%
Public4.11%4.01%4.01%3.98%4.10%4.22%4.06%4.05%4.09%4.05%4.02%4.06%
No. of Shareholders3,49,4073,38,5253,35,1143,45,5413,35,8643,74,9163,63,5053,55,3213,57,7643,52,4963,54,6623,57,321

Fundamentals

Market Cap₹ 1,74,091 Cr.
Current Price₹ 1,735
Stock P/E66.9
Book Value₹ 201
ROCE15.0 %
ROE13.7 %
Dividend Yield0.16 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)5%
Standalone figures.
Valuation
Market capRs 172,692 Cr
Enterprise valueRs 169,484 Cr
P/E (TTM)66.40x
Price to book9.05x
Price to sales1.44x
EV / EBITDA57.47x
EV / EBIT59.81x
EV / sales1.42x
Price to cash flow5.00x
Earnings yield1.51%
Dividend yield0.16%
P/E, 3-year average71.93x
P/B, 3-year average9.52x
P/E, 5-year average70.87x
P/B, 5-year average9.33x
Profitability
Operating margin (excl. other income)0.77%
Operating margin (incl. other income)2.50%
EBITDA margin2.46%
Pre-tax margin2.37%
Net profit margin2.17%
Net margin, latest quarter1.56%
ROE13.70%
ROCE14.95%
ROA0.52%
ROE, 3-year average14.13%
ROCE, 3-year average15.57%
ROA, 3-year average0.54%
ROE, 5-year average14.01%
ROCE, 5-year average15.50%
ROA, 5-year average0.56%
ROIC (approx.)16.35%
Tax rate8.40%
Other income / net worth10.21%
Growth
Sales growth (latest year)-3.91%
Profit growth (latest year)2.36%
Sales CAGR, 3 years11.68%
Sales CAGR, 5 years6.52%
Profit CAGR, 3 years12.81%
Profit CAGR, 5 years11.15%
Sales growth QoQ1038.21%
Profit growth QoQ-9.91%
Sales growth YoY (latest quarter)18.82%
Profit growth YoY (latest quarter)21.97%
Per share
EPS (TTM)Rs 25.93
EPS (latest year)Rs 24.63
EPS (latest quarter)Rs 7.23
EPS, 3-year averageRs 22.54
EPS, 5-year averageRs 19.97
Book value per shareRs 190.27
Sales per shareRs 1,192.87
Cash flow per shareRs 344.16
Free cash flow per shareRs 342.32
Dividend per share (latest year)Rs 2.70
Dividend per share, 3-year averageRs 2.70
Dividend per share, 5-year averageRs 2.52
Dividends
Dividend payout10.96%
Dividend payout, 3-year average12.15%
Dividend payout, 5-year average12.86%
Efficiency
Asset turnover0.22x
Fixed asset turnover173.67x
Cash conversion cycle0 days
Working capital days4 days
Leverage
Cash and bankRs 3,208 Cr
Net debtRs -3,208 Cr
Net debt / EBITDA-1.09x
Owners' fund to total sources3.82%
Cash flow
Cash from Operating Activity (latest year)Rs 34,523 Cr
Cash from Investing Activity (latest year)Rs -35,318 Cr
Cash from Financing Activity (latest year)Rs -179 Cr
Net Cash Flow (latest year)Rs -974 Cr
Free cash flow (latest year)Rs 34,338 Cr
Cash from ops / profit, 5 years13.96x
Sales to cash flow3.25x
Statement figures
Net sales (TTM)Rs 119,656 Cr
Net sales (latest year)Rs 112,315 Cr
Sales (latest quarter)Rs 46,337 Cr
Operating profit excl. other income (latest year)Rs 864 Cr
Operating profit (latest quarter)Rs 757 Cr
Other income (TTM)Rs 1,991 Cr
EBITDA (TTM)Rs 2,949 Cr
PBDT (TTM)Rs 2,949 Cr
Profit before tax (TTM)Rs 2,834 Cr
Tax (latest year)Rs 227 Cr
Net profit (TTM)Rs 2,601 Cr
Net profit (latest year)Rs 2,470 Cr
Net profit (latest quarter)Rs 725 Cr
Depreciation (TTM)Rs 115 Cr
Cost of goods sold (latest year)Rs 102,757 Cr
Total expenditure (latest year)Rs 111,451 Cr
Total income (latest year)Rs 114,263 Cr
Share capitalRs 1,003 Cr
ReservesRs 18,083 Cr
Shareholders' fundsRs 19,086 Cr
Total assetsRs 500,046 Cr
Net blockRs 647 Cr
Capital work in progressRs 41 Cr
InvestmentsRs 486,367 Cr
Other liabilitiesRs 480,960 Cr
Shares outstanding (crore)100.31
Ownership
Promoter holding55.32% (-0.05 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 66.4 is at the 30th percentile of its own 9.1-year range (median 73.5, low 44.6, high 98.0).
P/B 9.05 is at the 7th percentile (median 10.66).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSBILIFENifty 50Difference
1 week-1.9%-2.8% +0.9 pts
1 month-1.0%-6.8% +5.8 pts
3 months-3.8%-7.6% +3.9 pts
6 months-3.1%+0.4% -3.5 pts
1 year-4.9%-9.9% +5.0 pts
2 years-10.3%-13.6% +3.2 pts
3 years+31.9%+14.2% +17.7 pts
5 years+42.4%+27.9% +14.5 pts
347 mutual fund schemes hold about ₹25,036 Cr. Over three months 76 bought more and 75 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Flexi Cap Fund3.19%3,622 -5%
ICICI Pru Value Fund2.26%1,355 +3%
ICICI Pru India Opp Fund2.79%1,068 -0%
HDFC Balanced Advantage Fund0.86%928 +2%
HDFC Focused Fund3.18%897 -1%
Mirae Asset Large & Midcap Fund1.87%857 -2%
ICICI Pru Large Cap Fund0.93%745 -7%
ICICI Pru Aggressive Hybrid Fund(A1.18%618 +17%
Nippon India Large Cap Fund1.08%585 +1%
HDFC ELSS-Tax Saver Fund3.25%520 +0%
Mirae Asset ELSS Tax Saver Fund1.87%492 -4%
ICICI Pru Balanced Advantage Fund(M0.65%488 -2%
Aditya Birla SL Large Cap Fund1.62%481 +0%
Kotak Arbitrage Fund(M0.57%429 +4%
Aditya Birla SL Flexi Cap Fund1.44%418 -6%
ICICI Pru Multi Asset Allocation Fund0.45%397 +4%
Mirae Asset Large Cap Fund0.86%335 -2%
ICICI Pru Banking & Fin Serv Fund2.73%310 -29%
DSP Aggressive Hybrid Fund2.62%308 +14%
ICICI Pru Banking & Fin Serv Fund2.73%307 -29%
ICICI Pru Flexi Cap Fund1.07%276 -11%
Franklin India Large Cap Fund3.65%274 +31%
DSP Flexi Cap Fund2.14%268 +50%
DSP Large & Mid Cap Fund1.44%264 +49%
ICICI Pru Business Cycle Fund1.61%256 +4%

Red flags

F-score 5 of 8
lookProfit leans on other income Other income was 72% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2022-02-23BNP Paribas CardifPromoterssell2,003,612Rs 220.40 CrMarket Sale
2021-06-30Mr. Ashish Ranjan-sell900Rs 0.09 CrMarket Sale
2021-06-30Mr. Debasis Chatterjee-sell5,000Rs 0.50 CrMarket Sale
2021-06-29V Ganesh-sell1,400Rs 0.14 CrMarket Sale
2021-06-29K Ramkumar-sell2,349Rs 0.24 CrMarket Sale
2021-06-22Mr. Ravindra Kumar-other4,263Rs 0.24 Cr-
2021-06-22Mr. Ravi Krishnamurthy-other5,304Rs 0.40 CrESOP
2021-06-22Mr. Anurag Misra-other2,460Rs 0.14 CrESOP
2021-06-22Mr. Debasis Chatterjee-other5,000Rs 0.28 CrESOP
2021-06-22Mr. Ramkumar Krishnamoorthy-other2,349Rs 0.13 CrESOP
2021-06-22Mr. Harikrish V-other1,800Rs 0.10 CrESOP
2021-06-22Mr. Ashish Ranjan-other1,000Rs 0.06 CrESOP
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹46,337 Cr +18.8% vs Jun 2025. Net profit ₹725 Cr +22.1%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Life Insurance Corporation of India493,3508.2135.1 %
HDFC Life Insurance Company Ltd113,74657.610.3 %
ICICI Prudential Life Insurance Company Ltd64,51440.110.1 %
Max Financial Services Ltd48,0544432.87 %
Canara HSBC Life Insurance Company Ltd14,2141088.35 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-03-06Interim Dividend - Rs 2.70 Per Share
2025-03-07Interim Dividend - Rs 2.70 Per Share
2024-03-15Interim Dividend - Rs 2.70 Per Share
2023-03-16Interim Dividend - Rs 2.50 Per Share
2022-03-29Interim Dividend - Rs 2 Per Share
2021-04-05 Interim Dividend - Rs 2.5 Per Share
2019-04-03 Interim Dividend - Rs 2 Per Share
2018-04-03 Interim Dividend - Rs 2 Per Share (Purpose Revised)
DateTypeWhat it says
2026-09-25General UpdatesGeneral Updates
2026-09-22Board meeting outcomeOutcome of Board Meeting held on September 22, 2026.
2026-09-17ESOPAllotment of 55501 Shares.
2026-09-09General UpdatesAppointment of Joint Statutory Auditors for the Financial Year 2026-27
2026-09-08Concall / analyst meetSchedule of meet
2026-08-26Concall / analyst meetSchedule of meet
2026-08-23Concall / analyst meetSchedule of meet
2026-08-19Director changeChange in Director(s) of the company.
2026-08-18ESOPOf Allotment 88522 equity shares pursuant to ESOP through Circular resolution of the Board Stakeholders Relationship and Sustainability Committee pass...
2026-08-14Shareholder meetingVoting results.
2026-08-14Shareholder meetingProceedings of Annual General Meeting held on August 14, 2026
2026-08-08Concall / analyst meetSchedule of meet
2026-07-30Concall / analyst meetTranscript
2026-07-24Concall / analyst meetLink of Recording
2026-07-24Press ReleaseA press release dated July 24, 2026, titled "Performance for the quarter ended June 30, 2026".
2026-07-24Board meeting outcomeSBI Life Insurance Company Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-23Shareholder meetingNotice of Annual General Meeting to be held on August 14, 2026
2026-07-20Concall / analyst meetSchedule of meet
2026-07-13General UpdatesIntimation of 26th Annual General Meeting
2026-07-13ESOPGrant of 894910 Options.
2026-07-07ESOPAllotment of 20,516 equity shares pursuant to ESOP through Circular resolution of the Board Stakeholders Relationship and Sustainability Committee pas...
2026-06-16ESOPOf Allotment 68993 equity shares pursuant to ESOP through Circular resolution of the Board Stakeholders Relationship and Sustainability Committee pass...
2026-06-08Concall / analyst meetSchedule of meet
2026-06-05Disclosure under SEBI TakeovState Bank of India has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substanti...
2026-06-04General UpdatesWith reference to our letter dated May 29, 2026, bearing reference number SBIL/CS/NSE-BSE/2627/35 and pursuant to Regulation 30 of the SEBI (Listing O...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.85
Max pain (expiry 2026-10-27)1,740
Largest call open interest at1,800
Largest put open interest at1,760
Implied volatility, at the money25.6%
Underlying at snapshot1,721.60
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-30757
2026-09-291,271
2026-09-285
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of SBI Life Insurance Company Ltd?

SBI Life Insurance Company Ltd (SBILIFE) has a market capitalisation of Rs 1,74,091 Cr. at the 2026-10-01 close.

What is the P/E ratio of SBI Life Insurance Company Ltd?

SBI Life Insurance Company Ltd trades at a P/E of 66.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were SBI Life Insurance Company Ltd's latest quarterly results?

In the Jun 2026 quarter, SBI Life Insurance Company Ltd sales was Rs 46,337 Cr (+18.8% vs Jun 2025) and net profit was Rs 725 Cr.

What is the 52-week high and low of SBI Life Insurance Company Ltd?

The 52-week high is Rs 2,132.00 and the 52-week low is Rs 1,652.90.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03