Arthneeti

Life Insurance Corporation of India Q1 FY27 Share Price & Earnings Call Analysis

₹396.00+1.16% today
Market cap
₹5.01L Cr
P/E
8.33
ROE
37.82%
PEG
0.48
Price to sales
0.50
Debt to equity
0.00
52W high / low
₹924 / ₹379
Sales growth (5Y)
7.19%
EBITDA margin
4.74%
Net profit margin
5.88%
Promoter holding
90.00%
Sales (last year)
₹9.94L Cr

Life Insurance Corporation (LIC) is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products.[1]

Guidance scorecard · Q1 FY27 call

What Life Insurance's management guided
and where it ranks in Insurance

Revenue10–20%MarginsUp 0–2%CapexWhat management saidFundraisingWhat management saidOrder bookFlat

RevenueQ1 FY27 call

10–20%
  • LIC aims to achieve mid-20s VNB margin by the end of the year, indicating a focus on improving profitability.
  • Growth in Average Premium Equivalent (APE) is expected to increase, driven by both non-par savings and protection products.
  • ULIP sales are anticipated to recover as market conditions normalize, which may boost APE growth back into double digits.
  • The revision in minimum ticket size (from INR 1 lakh to INR 2 lakh) supports sustained growth in average ticket size and margins.
  • Bancassurance and alternate channels are being strengthened to improve balanced growth in policy numbers and premium.
  • Operational efficiencies and product mix improvements are expected to further enhance margins and premium growth.

2 more points from Life Insurance's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Up 0–2%

See what Life Insurance said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Ask what Life Insurance said on capex →

Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what Life Insurance said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Flat

Ask what Life Insurance said on the order book →

Full Q1 FY27 analysis
Full Insurance ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Insurance
on management's own guidance

  1. Niva Bupa Health Insurance Company LtdGood growth
    2
  2. Max Financial Services LtdGood growth
    1
  3. Medi Assist Healthcare Services LtdGood growth
    3
See all potential multibaggersWhere does Life Insurance rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Insurance companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1Max Financial Services Ltd20–40%Flat₹44,689 Cr411.9
2Niva Bupa Health Insurance Company Ltd20–40%Flat₹14,047 Cr80.6
3Medi Assist Healthcare Services Ltd20–40%Flat₹2,286 Cr23.1
410–20%Flat₹1.20L Cr58.6

Sign up free to see every company in the sector ranking and track Life Insurance.

Pro shows every company guiding 40%+ revenue growth →Full Insurance ranking

Financials of Life Insurance

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Life Insurance

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +201,231190,163203,033214,054238,717211,952231,132203,751243,134224,671241,524235,954276,744
Expenses +189,692180,169194,558204,815237,152202,180224,544191,818221,621214,198232,032223,588265,521
Operating Profit11,5399,9948,4759,2391,5649,7736,58811,93421,51410,4749,49212,36611,222
OPM %6%5%4%4%1%5%3%6%9%5%4%5%4%
Other Income +61211728820614,2491,0017948189547801,0448223,166
Interest0000000000000
Depreciation0000000000000
Profit before tax12,15110,1118,7639,44515,81310,7747,38212,75222,46811,25310,53713,18814,388
Tax %8%14%13%15%12%15%16%14%15%15%14%15%-63%
Net Profit +13,1899,6348,0329,43413,84210,5277,72311,00919,03910,95510,09612,90823,467
EPS in Rs10.437.626.357.4910.948.346.118.7015.058.667.9810.2218.55

Financials of Life Insurance

Profit & Loss

Annual income statement trend

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +571,508628,043690,914723,606784,628845,966889,970977,772
Expenses +565,587634,989691,166720,280750,498813,316836,692930,108
Operating Profit5,920-6,947-2523,32634,13032,65153,27847,664
OPM %1%-1%-0%0%4%4%6%5%
Other Income +2,61520,87012,8209,2487,80014,8293,4955,812
Interest00000000
Depreciation3363794174364664665060
Profit before tax8,19913,54412,15112,13841,46347,01456,26753,475
Tax %68%80%76%66%13%13%14%-7%
Net Profit +2,6272,7102,9744,12535,99740,91648,32057,453
EPS in Rs3.2628.4632.3438.2045.42
Dividend Payout %2%2%0%23%5%15%16%11%

Financials of Life Insurance

Balance Sheet

Capital structure and asset base

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1001001006,3256,3256,3256,3256,325
Reserves7109026,7845,01239,90876,422120,901170,280
Borrowings +269,401253,414410001
Other Liabilities +3,157,0393,245,4193,822,6374,242,7194,532,2585,233,3005,533,3425,771,950
Total Liabilities3,427,2493,499,8343,829,5244,254,0584,578,4915,316,0475,660,5685,948,556
Fixed Assets +25,19428,21617,72317,77020,47320,66721,3304,757
CWIP7107341481993314033260
Investments2,900,2872,976,1003,517,4453,926,2114,243,0084,976,1335,298,4295,580,356
Other Assets +501,059494,784294,208309,878314,678318,844340,483363,444
Total Assets3,427,2493,499,8343,829,5244,254,0584,578,4915,316,0475,660,5685,948,556

Financials of Life Insurance

Cash Flows

Operating, investing and financing cash movement

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +13,27454,36780,602-3,78354,51926,548-9,145-26,211
Cash from Investing Activity +9,636-40,415148,44712,531-52,848-25,69540,83234,708
Cash from Financing Activity +-13,700-18,664-256,1250-949-4,427-3,794-7,626
Net Cash Flow9,210-4,712-27,0778,748722-3,57427,893871
Free Cash Flow11,28153,44786,765-3,87953,97625,835-9,860-27,181
CFO/OP500%-908%-27,549%108%143%64%-18%-43%

Financials of Life Insurance

Ratios

Working capital efficiency and return ratios

Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days00000000
Inventory Days
Days Payable
Cash Conversion Cycle00000000
Working Capital Days7863354243393845
ROCE %5%9%131%143%73%53%35%

Guidance history

How Life Insurance's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%Up 0–2%——Flat
Q4 FY26 call →10–20%Flat——Rising
Q3 FY26 call →0–10%Flat——Rising
Q2 FY26 call →10–20%Flat———

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

24out of 100

Momentum score · price trend

24 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−11.0%48%
Last 6 months−5.5%46%
Last 3 months−8.2%48%

The price is 32.8% below its all-time high of ₹592.18 (26 Jul 2024). Stocks more than 20% below their peak have their score halved, so 47 became 24.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Life Insurance: 0.4 × 48 + 0.4 × 46 + 0.2 × 48 = 47, halved to 24 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Life Insurance's management said in earlier quarters

Others in Insurance this season

  • SBI Life Insurance Company Ltd (Q2 FY27)

    For the quarter ended September 30, 2026, SBI Life Insurance reported premium received from policyholders of ₹48,97,583 lakhs compared to ₹44,07,462 lakhs for…

  • Star Health & Allied Insurance Company Ltd (Q2 FY27)

    Insurance Revenue for Q2 FY27: ₹5,074 Cr, a 15% YoY increase from ₹4,396 Cr in Q2 FY26 (Page 7). Key investor presentation takeaways from Star Health & Allied I

  • HDFC Life Insur. (Q3 FY26)

    Profit after tax (PAT) grew 7% to Rs. Key concall takeaways from HDFC Life Insurance Company Ltd's Q3 FY26 earnings call — and how it ranks against sector…

  • Max Financial Services Ltd (Q4 FY26)

    Total APE (Annualized Premium Equivalent) for FY’26: Rs 10,502 crore, up 20% YoY from Rs 8,770 crore in FY’25 (Page 4). Key investor presentation takeaways from

Compare:vs SBI Life Insurance Company Ltdvs HDFC Life Insur.vs ICICI Lombard