Canara HSBC Life Insurance Company
- Market cap
- ₹ 11,881 Cr.
- P/E
- 88x
- P/B
- 7.44x
- 52-week range
- 114.56 – 166.69
- ROE
- 8%
- ROCE
- 8%
- Dividend yield
- 0.3%
- Debt / equity
- 0.16
- Sector
- Insurance
- Industry
- Life Insurance
- Listed on
- NSE, BSE
About
Canara HSBC Life Insurance Company Limited is an India-based private life insurer. It offers a comprehensive range of life insurance products tailored for both individual and group (companies, businesses or organizations) customers. Its offerings primarily include saving and endowment plans, term (pure protection) plans, retirement solutions, group credit life and protection plans and others. Its segments include Linked Non Participating-Life, Linked Non Participating-Pension, Linked Non Participating-Health, Linked Non Participating-Others, Non Linked Participating-Life, Non Linked Participating-Pension, Non Linked Participating-Health, Non Linked Participating-Others, Non Linked Non Participating-Life, Non Linked Non Participating-Pension, Non Linked Non Participating-Health, and Non Linked Non Participating-Others. It also engages with customers through digital channels, such as its Website and mobile app, complemented by alliances with brokers and corporate agents.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Life Insurance: 6 companies →Canara HSBC Life Insurance Company against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)88 against a typical 58.8: pricier than most peers (1st = cheapest).5th of 6
- Sales growth+8.8% against a typical +12.8% from a year earlier.4th of 6
- Profit growth+4.9% against a typical +23% from a year earlier.6th of 6
- Share price, 3 months−16% against a typical −14%.4th of 6
- Size₹ 11,881 Cr. market value against a typical ₹ 77,810.8 Cr. (1st = largest).4th of 4
Latest announcements
Exchange filings and their impact on the company.
- Strong H1 with 17% premium growth and 24% VNB growth supports higher revenue and profit over next year.
Canara HSBC Life reported healthy H1 FY27 results with new business premium of Rs 1,984 crore up 16.1%, total premium of Rs 4,742 crore up 17.3%, and value of new business of Rs 266 crore up 24% at a 21.3% margin. Protection APE grew 44% to Rs 131 crore, AUM reached Rs 50,200 crore, embedded value was Rs 7,622 crore with 19.8% operating RoEV, and PAT grew 10.8% to Rs 71.2 crore. The growth in profitable traditional and protection business supports higher premiums and earnings, though expense ratio rose to 20.5% and solvency eased to 180%.
- Strong 18% premium growth with modest profit growth, plus Rs 287.5 cr debt plan to boost solvency.
Canara HSBC Life reported Q2 FY27 net premium of Rs 2553 cr, up 13% from last year, and net profit of Rs 43 cr, up 5.5%. For the half year, premium grew 17.6% to Rs 4601 cr and profit grew 10.8% to Rs 71 cr. The board also approved raising up to Rs 287.5 crore via subordinated bonds on private placement to strengthen capital and support growth.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AA+ | Stable | 24 Feb 2026 |
| CRISIL | Crisil AA+ | Stable | 19 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 24 Feb 2026 | Reaffirmed | CARE AA+ | — | CARE | ₹ 250 Cr. | |
| 19 Feb 2026 | New rating | Crisil AA+ | — | CRISIL | ₹ 250 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 9 Oct 2026 | Fund Raising | Proposal of raising of funds through issuance of non-convertible debentures |
| 20 Jul 2026 | Financial Results | Intimation of Board Meeting under Regulation 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 |
| 28 Apr 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 21 Jan 2026 | Financial Results/Fund Raising | To consider and approve the financial results for the period ended December 31, 2025 and Proposal for raising of funds through issuance of non-convertible debentures. |
| 27 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,323 | 1,516 | 2,783 | 3,632 | 2,348 | 4,202 | 1,374 | 4,351 | 2,555 |
| Expenses | 3,317 | 1,539 | 2,749 | 3,625 | 2,332 | 4,272 | 1,258 | 4,351 | 2,497 |
| Operating Profit | 6 | −23 | 34 | 6 | 16 | −70 | 116 | 0 | 58 |
| OPM % | 0.2% | −1.5% | 1.2% | 0.2% | 0.7% | −1.7% | 8% | 0% | 2.3% |
| Other Income | 37 | 51 | 1 | 20 | 30 | 101 | −77 | 32 | −10 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 43 | 28 | 35 | 26 | 45 | 31 | 39 | 32 | 48 |
| Tax % | 15% | −4% | 8% | 10% | 10% | 10% | 10% | 11% | 11% |
| Net Profit | 37 | 29 | 32 | 23 | 41 | 28 | 35 | 28 | 43 |
| EPS in Rs | 0.39 | 0.31 | 0.34 | 0.25 | 0.43 | 0.29 | 0.37 | 0.3 | 0.45 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 5%
- 3 Years
- 11%
- TTM
- 21%
- 10 Years
- —
- 5 Years
- 6%
- 3 Years
- 12%
- TTM
- 6%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 7%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Canara HSBC Life Insurance Company | ₹ 123.55 | ₹ 11,881 Cr. | 88x | 7.4x | 8% | — |
| Bajaj Finserv | ₹ 1,656.00 | ₹ 2,65,301 Cr. | 17.5x | 3.8x | 13% | 13.1% |
| HDFC Life Insurance Company | ₹ 523.50 | ₹ 1,13,735 Cr. | 62.7x | 6.9x | 10.8% | 1.9% |
| Aditya Birla Capital | ₹ 346.75 | ₹ 94,929 Cr. | 21.1x | 3.1x | 11.6% | 8.6% |
| General Insurance Corporation of India | ₹ 323.80 | ₹ 56,840 Cr. | 6.6x | 1.1x | 17.9% | 18.6% |
Management
- Anuj Dayal Mathur
- Chief Executive Officer, Managing Director
- Soly Thomas
- Deputy Chief Executive Officer, Chief Distribution Officer-Bancassurance
- Tarun Rustagi
- Chief Financial Officer
- Vatsala Sameer
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.