HDFC Life Insurance Company

NSE: HDFCLIFEBSE: 540777

₹ 514.10▲ 0.5 (+0.1%)28 Oct, 03:28 pm IST

Market cap: ₹ 1,13,735 Cr.
P/E: 54.5x
P/B: 6.42x
52-week range: 508.05 – 788.5
ROE: 11%
ROCE: 10%
Dividend yield: 0.4%
Debt / equity: 0.17
Sector: Insurance
Industry: Life Insurance
Listed on: NSE, BSE

About

HDFC Life Insurance Company Ltd is an India-based life insurance company. The Company provides a range of individual and group insurance solutions across India. The portfolio consists of various insurance and investment products such as protection, pension, savings, investment, annuity, and health. The Company offers long-term savings, protection and retirement or pension products. The Company operates in three segments: participating (Par), Non-Participating (Non-Par) and Unit-Linked (ULIP). The non-linked segment is split into par and non-par segments. The Non-Linked Participating segment covers insurance contracts that participate in the surplus generated from the segment. The Non-Linked Non-Participating segment covers insurance contracts which do not participate in the surplus generated from the segment. The Unit Linked segment covers insurance contracts, which are investment cum protection plans that provide returns linked to the market performance of the underlying fund.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Life Insurance: 6 companies →

HDFC 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)54.5 against a typical 58.8: cheaper than most peers (1st = cheapest).3rd of 6
Sales growth+18.3% against a typical +12.8% from a year earlier.2nd of 6
Profit growth+16.5% against a typical +23% from a year earlier.5th of 6
Share price, 3 months−7.7% against a typical −14%.1st of 6
Size₹ 1,13,735 Cr. market value against a typical ₹ 77,810.8 Cr. (1st = largest).2nd of 4

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Highest safety

Rated AAA by 2 agencies

AAA

DefaultRiskyModerateSafeVery safe

All agencies agree and none has raised a warning.

Agency	Current rating	Outlook	As of
CARE	CARE AAA	Stable	21 Sep 2026
ICRA	[ICRA]AAA	Stable	31 Aug 2026
CRISIL	Withdrawn	Stable	27 Jan 2026

Credit rating actions
		Rating
21 Sep 2026	Reaffirmed	CARE AAA	—	CARE	₹ 1,750 Cr.
31 Aug 2026	Reaffirmed	[ICRA]AAA	—	ICRA	₹ 2,100 Cr.
27 Jan 2026	Withdrawn	was Crisil AAA	—	CRISIL	₹ 950 Cr.
28 Nov 2025	Reaffirmed	CARE AAA	—	CARE	₹ 1,750 Cr.
26 Nov 2025	Reaffirmed	[ICRA]AAA	—	ICRA	₹ 2,100 Cr.

Board meetings

Results dates and other board meetings. Full calendar

		Details
15 Oct 2026	Financial Results/Fund Raising	To consider and approve the financial results for the period ended September 30, 2026 and Fund Raising
15 Jul 2026	Financial Results	To consider and approve the financial results for the period ended Jun 30, 2026
16 Apr 2026	Fund Raising	To consider Fund Raising
15 Jan 2026	Financial Results	To consider and approve the financial results for the period ended December 31, 2025
15 Oct 2025	Financial Results/Fund Raising	To consider and approve the financial results for the period ended September 30, 2025 and Fund Raising
15 Jul 2025	Other business matters	Board Meeting Intimation - Approval of Financial Results for the quarter ended June 30, 2025

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	26,927	28,041	26,934	28,497	17,300	24,191	29,463	20,651	29,428	19,890	33,759	24,437
Expenses	26,663	27,766	26,623	28,807	16,852	23,814	29,024	20,336	29,157	19,782	33,253	24,105
Operating Profit	264	275	311	−310	448	377	439	315	271	108	506	332
OPM %	1%	1%	1.2%	−1.1%	2.6%	1.6%	1.5%	1.5%	0.9%	0.6%	1.5%	1.4%
Other Income	103	174	90	279	−29	124	164	157	174	428	171	247
Interest	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	367	450	401	−30	419	500	604	471	445	537	677	579
Tax %	0%	8%	−20%	−1,541%	−1%	5%	9%	5%	6%	7%	10%	10%
Net Profit	368	412	479	435	421	475	548	448	418	497	611	522
EPS in Rs	1.71	1.91	2.23	2.02	1.96	2.21	2.54	2.08	1.94	2.31	2.81	2.4

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth

10 Years: 19%
5 Years: 7%
3 Years: 12%
TTM: 17%

Compounded Profit Growth

10 Years: 9%
5 Years: 7%
3 Years: 12%
TTM: 8%

Stock Price CAGR

10 Years: —
5 Years: −5%
3 Years: −5%
TTM: —

Return on Equity

10 Years: 14%
5 Years: 11%
3 Years: 11%
TTM: —

Shareholding

Latest: Jun 2026.

Promoters

50.54%

+0.26 pts in a year

FIIs

19.27%

−5.48 pts in a year

DIIs

20.19%

+5.62 pts in a year

Public

9.98%

−0.39 pts in a year

Others

0.02%

−0.01 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 54.5xEPS (12 months) ₹ 9.46Median P/E 87.4x

P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison

HDFC Life Insurance Company	₹ 514.10	₹ 1,13,735 Cr.	54.5x	6.4x	11%	—
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%
Bajaj Finserv	₹ 1,656.00	₹ 2,65,301 Cr.	17.5x	3.8x	13%	13.1%
Canara HSBC Life Insurance Company	₹ 124.90	₹ 11,881 Cr.	112.6x	8.9x	—	1.2%

Management

Vibha U. Padalkar: Chief Executive Officer, Managing Director, Executive Director
Niraj Ashwin Shah: Chief Financial Officer, Executive Director
Sameer Yogishwar: Chief Operating Officer
Vijay Vaidyanathan: Chief Human Resources Officer
Prasun Gajri: Chief Investment Officer, Chief Strategy Officer
Nagesh Pai: Compliance Officer, Company Secretary
Khushru Sidhwa: Chief Risk Officer
Vineet Arora: Executive Director, Chief Business Officer

Prices are delayed and for information only. Nothing on this page is investment advice.