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Earnings Call

Life Insurance Corporation of India Earnings Call: Key Takeaways

LIC reported strong FY26 performance with total premium income reaching ₹5,35,984 Cr and PAT at ₹57,419 Cr. Strategy focuses on increasing non-par product share and maintaining market leadership.

Highlights
Revenue growthTotal Premium grew 9.80% to ₹5.36L Cr.
MarginsVNB margin expanded significantly to 21.2%.
Demand visibilityPositive momentum in individual new business premium (+8.29%).
Management confidenceStrong confidence in non-par shift and agency force.

Growth

Total premium grew 9.80% YoY; PAT increased 19.25% YoY; New Business Margin improved to 21.2% (up from 17.6%).

Outlook

Aims to increase non-par share (currently 35.11% of Individual APE); focused on digital transformation and agency productivity.

Risks

Market share in premiums saw a slight absolute decline of 0.39%; persistency ratios show mixed trends across different cohorts.

Source

Earnings Call filed with BSE, NSE: LICI. Summary written with AI assistance from the document.

Read the document ↗

Life Insurance Corporation of India: key numbers

Share price
₹409.05
Market cap
₹5,17,448 Cr
Revenue (annual)
₹9,77,772 Cr
Net profit (annual)
₹57,453 Cr
P/E (TTM)
8.6×Sector 22.0×
Promoter holding
96.50%+0.00% QoQ
FII holding
0.44%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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