SBI Life Insurance

    SBILIFE
    Insurance
    ₹1684.70
    price as of 11/9/2026, 5:28:01 pm

    Market cap ₹1.69 L Cr

    P/E
    64.33
    Day range
    ₹1,671.00 – ₹1,697.70
    52-week range
    ₹1,671.00 – ₹2,132.00
    Volume
    3.09 L
    Open
    ₹1,680.00
    Prev close
    ₹1,700.60
    52-week range, adjusted for splits and bonuses
    ₹1,674.5₹2,132
    10 Sept 202623 Feb 2026
    Index membership & F&O
    NIFTY 50NIFTY 100NIFTY 200NIFTY 500NIFTY FINANCIAL SERVICESF&O lot 375

    Price history

    6M change -13.10%RSI (14) 34.5 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 56.1% today vs 60.1% average · BSE close ₹1,695

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹1,680₹1,760₹1,840₹1,920₹2,0000%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Neutral
    Near-month future
    ₹1,695.8
    Change
    -0.23%
    Basis over spot
    +₹11.10
    Futures OI (shares)
    80.8 L
    OI change
    -0.49%
    Put-call ratio
    0.44
    Max pain
    ₹1,720
    Resistance (call OI)
    ₹1,800
    Support (put OI)
    ₹1,640
    Lot size
    375

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    1480154016001660172017801840190019602040212002.5 L5.0 L7.5 L10.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    65.2
    EPS (TTM)
    ₹25.93
    ROE (FY26)
    13.7%
    ROCE (latest year)
    15%
    Dividend yield
    0.16%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +11.7%
    Profit 3Y CAGR
    +12.8%
    Revenue YoY (Jun 2026)
    +18.8%
    Profit YoY (Jun 2026)
    +22.1%
    Operating margin
    1.6%
    Net margin
    1.6%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr15.0K Cr30.0K Cr45.0K Cr60.0K Cr-27%-18%-9%0%9%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • FII
    • DII
    • Public

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-40.0KCr-20.0KCr0 Cr20.0K Cr40.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%20%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr5.0K Cr10.0K Cr15.0K Cr20.0K Cr0.0x1.0x2.0x3.0x4.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 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 Rs₹3.80₹3.21₹8.10₹5.19₹5.28₹5.50₹8.12₹5.93₹4.93₹5.75₹8.02₹7.23

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    SBI Life Insurance Company Ltd is engaged in the business of life insurance and annuity. It was started as a Joint-venture between State Bank of India and BNP Paribas Cardif S.A. [1]

    Strengths

    • Company is almost debt free.
    • Company is expected to give good quarter

    Risks

    • Stock is trading at 8.40 times its book value
    • The company has delivered a poor sales growth of 6.52% over past five years.
    • Tax rate seems low
    • Earnings include an other income of Rs.1,991 Cr.
    • Dividend payout has been low at 12.2% of profits over last 3 years

    Compounded Sales Growth

    10 Years
    +19%
    5 Years
    +7%
    3 Years
    +12%
    TTM
    -1%

    Compounded Profit Growth

    10 Years
    +11%
    5 Years
    +11%
    3 Years
    +13%
    TTM
    +5%

    Stock Price CAGR

    10 Years
    —
    5 Years
    +8%
    3 Years
    +8%
    1 Year
    -7%

    Return on Equity

    10 Years
    +15%
    5 Years
    +14%
    3 Years
    +14%
    Last Year
    +14%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter55.36%55.34%55.33%55.32%-0.01 pp
    FII21.85%21.88%21.51%20.95%-0.56 pp
    DII18.70%18.72%19.13%19.67%+0.54 pp
    Public4.09%4.05%4.02%4.06%+0.04 pp

    Filed with NSE for Jun 2026: promoters 55.32%, public 44.68% · XBRL filing

    Analysts & fund holdings

    97%
    97% recommend buy
    35 analysts cover the stock
    Valuation vs Insurance
    P/E64.3 vs 16.6
    Sector P/B2.14
    Beta1.08

    Who holds the shares, quarter by quarter

    Mutual funds 15.87% (+0.60 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters55.3%
    • Foreign institutions20.9%
    • Mutual funds15.9%
    • Insurance1.1%
    • Other domestic institutions2.7%
    • Retail1.8%
    • Others2.3%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HDFC Flexi Cap Fund2.01%3.19%-0.28 pp
    ICICI Pru Value Fund0.75%2.26%-0.03 pp
    ICICI Pru India Opp Fund0.59%2.79%-0.12 pp
    Mirae Asset Large & Midcap Fund0.52%2.05%+0.36 pp
    HDFC Balanced Advantage Fund0.52%0.87%-0.02 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹2.70

      Interim Dividend - Rs 2.70 Per Share

      6 Mar 2026
      ex-date
    • dividend
      ₹2.70

      Interim Dividend - Rs 2.70 Per Share

      7 Mar 2025
      ex-date
    • dividend
      ₹2.70

      Interim Dividend - Rs 2.70 Per Share

      15 Mar 2024
      ex-date
    • dividend
      ₹2.50

      Interim Dividend - Rs 2.50 Per Share

      16 Mar 2023
      ex-date
    • dividend
      ₹2.00

      Interim Dividend - Rs 2 Per Share

      29 Mar 2022
      ex-date
    • dividend
      ₹2.50

      Interim Dividend - Rs 2.5 Per Share

      5 Apr 2021
      ex-date
    • dividend
      ₹2.00

      Interim Dividend - Rs 2 Per Share

      3 Apr 2019
      ex-date
    • dividend
      ₹2.00

      Interim Dividend - Rs 2 Per Share (Purpose Revised)

      3 Apr 2018
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

    Please find Intimation for appointment of Joint Statutory Auditors of the Company for FY 2026-27, as per regulation 30 of the SEBI (LODR) Regulations, 2015.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find attached Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find attached Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find attached Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015.

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Pursuant to regulation 30 of SEBI (LODR) Regulations 2015, we wish to inform you that Mr. Narayan K Seshadri (DIN: 00053563) ceases to be an Independent Director of the Company upon completion ....

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    The Board Stakeholders' Relationship and Sustainability Committee vide its circular resolution dated August 18, 2026 has allotted equity shares towards exercise of vested options. This ....

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Please find attached voting result and scrutinizer's report of 26th AGM held on August 14, 2026.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Please find attached proceedings of 26th AGM held on August 14, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find attached Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015.

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    Please find attached transcript of the earnings call held on July 24, 2026

    Filed with BSE (scrip 540719); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.