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Earnings Call

Life Insurance Corporation of India Earnings Call: Key Takeaways

LIC reported its highest ever PAT of ₹57,419 crore for FY26, a 19.25% YoY increase. The company achieved a VNB growth of 41.63% and expanded VNB margins to 21.2%.

Why this was an Alfa AlertNot a filter event. While performance was strong, management did not state results exceeded prior guidance by >10%.
Highlights
Revenue growth9.8% YoY in total premium income.
MarginsVNB margin improved 360bps to 21.2%.
Demand visibilityStrong growth in non-par and individual savings segments.
Management confidenceHigh; citing successful execution of 4-year post-listing strategy.

Growth

Total premium income grew 9.8% to ₹5,35,984 crore; VNB increased from ₹10,011 crore to ₹14,179 crore.

Outlook

Focus on increasing ticket sizes, non-par product mix consolidation at 35%, and 'Insurance for All by 2047'.

Risks

Regulatory shifts toward risk-based capital (RBC) and equity market volatility impacting solvency and dividend payouts.

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
₹404.00
Market cap
₹5,11,060 Cr
Revenue (annual)
₹9,77,772 Cr
Net profit (annual)
₹57,453 Cr
P/E (TTM)
8.2×Sector 20.8×
Promoter holding
90.00%-6.50% QoQ
FII holding
1.55%Current quarter

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

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