ALFA Finder| Margins | VNB margin improved to 21.1% from 19.5% in Q1 FY26. |
|---|---|
| Order book | Individual WPI at ₹4,698 Mn, up 18% YoY. |
| Demand visibility | Strong; Tier 3/4 markets and retirement segments identified as key opportunities. |
Growth
Q1 FY27 VNB grew 29% YoY to ₹1,236 Mn; PAT increased 20% to ₹281 Mn; Gross Premium rose 24% to ₹21,611 Mn.
Outlook
Management targeting sustained growth through Tier 3/4 market expansion, enhanced digital journeys, and GenAI-powered 'UW Copilot' for automated underwriting.
Risks
Expense impact noted as a negative driver (-1.9%) for VNB margins; dependency on bancassurance channels like Canara Bank and HSBC.
Last quarter's promises, checked
Delivered
- Targeting trad mix improvement → delivered 63.8% from 50.8% (= BEAT)
- Focus on protection growth → delivered 3x volume vs previous quarter (= BEAT)
- Improve 13-month persistency → delivered 85.6% vs 82.5% YoY (= BEAT)
Partly delivered
- Targeting double-digit protection share → delivered 7% share (= PARTIAL)
Missed
- GST/Labor code impact guidance ~185 bps → delivered -190 bps impact (= MISS)
Earnings Call filed with NSE, NSE: CANHLIFE. Summary written with AI assistance from the document.
Canara HSBC Life Insurance Company Ltd: key numbers
- Share price
- ₹127.70
- Market cap
- ₹12,132 Cr
- Revenue (annual)
- ₹11,556 Cr
- Net profit (annual)
- ₹126.6 Cr
- P/E (TTM)
- 90.8×Sector 20.8×
- Promoter holding
- 62.00%+0.00% QoQ
- FII holding
- 4.92%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Canara HSBC Life Insurance Company Ltd
All →Canara HSBC Life Insurance Company Other Announcement
Canara HSBC Life Insurance informs exchanges that its RTA, KFin Technologies, is shifting its corporate office effective 1 December 2026. The registered office remains unchanged.
Canara HSBC Life Insurance Company Management Change
Canara HSBC Life appointed Sunil Kumar Chugh as Additional Non-Executive Non-Independent Director, effective 5 November 2026. The appointment is subject to shareholder approval.
Canara HSBC Life Insurance Company Annual General Meeting
Canara HSBC Life Insurance Company reported postal ballot voting results. Members approved the re-appointment of two independent directors for second terms.
Canara HSBC Life Insurance Company Other Announcement
NSE Sustainability Ratings & Analytics Limited has independently assigned an ESG rating of 71 to Canara HSBC Life Insurance. The rating for FY 2025-26 was based on public domain information.
Canara HSBC Life Insurance Company Debt & Borrowing: ₹250 Cr
Canara HSBC Life Insurance Company Limited disclosed details of its outstanding privately placed non-convertible debentures for the half-year ended September 30, 2026, as per SEBI regulations.
- Value
- ₹250.0 Cr
Canara HSBC Life Insurance Company Results Update
Canara HSBC Life Insurance reported H1 FY27 results, achieving a profit after tax of ₹71.2 Crore and total premium income of ₹4,742 Crore.
- Value
- ₹71.20 Cr