Life Insurance Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹2,76,744Cr
- +13.8% YoY
- +17.3% QoQ
- Net profit
- ₹23,467Cr
- +23.3% YoY
- +81.8% QoQ
- Margin
- 4.1%
- −4.9 pp YoY
- −0.9 pp QoQ
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The short version
LIC expects continued growth across both participating and non-participating businesses, reflected in increasing sales volumes and premium accumulation. LIC expects continued margin expansion driven by higher ticket sizes and improved persistency, which are key margin growth drivers.
From Life Insurance's Q4 FY26 earnings-call transcript · updated 23 Sept 2026.
Revenue & Sales Performance
- LIC expects continued growth across both participating and non-participating businesses, reflected in increasing sales volumes and premium accumulation.
- April figures have been a strong testimony to sustained growth momentum.
- Focus on increasing ticket size of policies and improving persistency to drive margin expansion.
- Product mix growth anticipated across all engines — guaranteed non-par savings, protection, and annuity businesses.
- Agency recruitment and training initiatives underway to enhance agent quality and productivity, supporting sales growth.
- Bancassurance and alternate channels expected to recover and grow after a recent decline due to strategic decisions for better persistency.
2 more points from Life Insurance's call on revenue
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Profitability & Margins
LIC expects continued margin expansion driven by higher ticket sizes and improved persistency, which are…
Locked: what Life Insurance said on margins
Also locked on this page: capex, fundraising, order book
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Capital Expenditure Plans
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Top-ranked in Insurance
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
Key points relevant to capital and funding include:
Locked: what Life Insurance said on fundraising
Also locked on this page: margins, capex, order book
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Order Book & Pipeline
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Life Insurance — Quarterly revenue & net profit
Life Insurance Q4 FY26 results — key figures
| ₹ Cr | Q4 FY26 | Q4 FY25 | YoY | Q3 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 2,76,744 | 2,43,134 | +13.8% | 2,35,954 | +17.3% |
| Operating profit (EBITDA) | 11,222 | 21,514 | -47.8% | 12,366 | -9.3% |
| Operating margin | 4.1% | 9% | -4.9 pp | 5% | -0.9 pp |
| Profit before tax | 14,388 | 22,468 | -36% | 13,188 | +9.1% |
| Net profit (PAT) | 23,467 | 19,039 | +23.3% | 12,908 | +81.8% |
| EPS (₹) | 18.55 | 15.05 | +23.3% | 10.22 | +81.5% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹2.7L Cr, net profit ₹12.1K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Life Insurance's management said in earlier quarters
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Potential multibaggers · Q2 FY27
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on management's own guidance
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Life Insurance Q4 FY26 results?
LIC expects continued growth across both participating and non-participating businesses, reflected in increasing sales volumes and premium accumulation. LIC expects continued margin expansion driven by higher ticket sizes and improved persistency, which are key margin growth drivers.
What is Life Insurance share price analysis?
Life Insurance currently shows a neutral. The stock trades at a P/E of 8.6 with a market cap of ₹515,740 Cr. Investors should review the full earnings analysis for detailed insights.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.