| Management target | Revenue 14.5% FY27 |
|---|
| Revenue growth | New Business Premium grew 10% YoY; IRP grew 12% in H1. |
|---|---|
| Margins | VNB margins expanded to 27.9% in H1 on favorable product mix. |
| Demand visibility | Strong demand for protection and non-par savings across all distribution channels. |
| Management confidence | Balanced; sticking to full-year targets despite 12% growth in H1. |
Growth
H1 growth was driven by a 12% increase in Individual Rated Premium and 26% growth in pure protection.
Outlook
Management reaffirmed guidance of 14-15% Individual Rated New Business Premium growth for the full year FY27.
Risks
Regulatory changes regarding revised surrender values and potential commission caps on distribution partners remain key monitorables.
Earnings Call Transcript filed with NSE, NSE: SBILIFE. Summary written with AI assistance from the document.
SBI Life Insurance Company Ltd: key numbers
- Share price
- ₹1,666.70
- Market cap
- ₹1,67,238 Cr
- Revenue (annual)
- ₹1,12,315 Cr
- Net profit (annual)
- ₹2,470 Cr
- P/E (TTM)
- 63.0×Sector 19.7×
- Promoter holding
- 55.31%-0.01% QoQ
- FII holding
- 20.68%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from SBI Life Insurance Company Ltd
All →SBI Life Insurance Company Results Update
SBI Life's H1 FY27 profit after tax rose 17% to ₹12.7 billion. Gross written premium grew 13% and the solvency ratio is 1.97.
SBI Life Insurance Company Q2 FY27 Results: Net Profit ₹549.2 Cr, Up 11.0% YoY
SBI Life Insurance Company Ltd reported revenue from operations of ₹26,878 Cr (+8.2% YoY) and net profit of ₹549.2 Cr (+11.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹549.2 Cr · +11.0% YoY
SBI Life Insurance Company Board Meeting Date
SBI Life scheduled a board meeting on October 27, 2026, to consider and approve financial results for the quarter and half year ended September 30, 2026.
SBI Life Insurance Company Employee Stock Options
SBI Life Insurance has allotted 4,160 equity shares following the exercise of vested employee stock options under its 2018 scheme.
SBI Life Insurance Company Legal & Regulatory
SBI Life Insurance received a tax demand order of ₹1.13 Crore from the Rajasthan GST authority. The company intends to appeal against this order.
- Value
- ₹1.13 Cr
SBI Life Insurance Company Management Change
SBI Life appointed Mr. Nihar Niranjan Jambusaria as an Additional Independent Director for a three-year term effective September 22, 2026.