SBI Life Insurance Company Ltd.
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1077.00 +26.45 ▲2.5%

26 July 2021, 04:00:00 P.M.
Volume: 86,108

Overview View Details

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Industry Insurance Compare with Industry peers
Website
Financial Indicators
Market Cap 107,715.66 Cr.
Earnings per share (EPS) 14.56 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 73.99 Trailing Twelve Months Ending 2021-03
Industry PE 57.51 Trailing Twelve Months Ending 2021-03
Book Value / Share 100.91 Trailing Twelve Months Ending 2021-03
Price to Book Value 10.67 Calculated using Price: 1,077.00
Dividend Yield 0.46 Period Ending 2020-03
No. of Shares Subscribed 100.01 Cr. 1,000,145,445 Shares
FaceValue 10
Company Profile

SBI Life Insurance Company Limited (SBI Life), incorporated in the year 2000, established as joint venture between State Bank of India and BNP Paribas Cardif S.A. and is one of the leading life Insurance companies in India. SBI Life has a multi-channel distribution network comprising of an expansive Bancassurance channel with SBI, which has an unrivalled strength of many branches across the country. SBI Life also has a large and productive agent network. The Company’s other distribution channels include direct sales and sales through corporate agents, brokers, insurance marketing firms and other intermediaries. The Company is listed on National Stock Exchange (NSE) and The Bombay Stock Exchange (BSE).

Business area of the company

SBI Life offers a comprehensive range of life insurance and pension products at competitive prices, ensuring high standards of customer service and world class operating efficiency. The Company offers individual and group products which include savings and protection plans to address the insurance needs of diverse customer segments.

Products

SBI Life has a wide range of products catering to various customer needs in the life, health, pension & micro-insurance segments. These products are customer centric, simple to understand and have competitive features. The products include Individual Life Insurance Plans and Group Insurance Plans.

Awards

  • 2016: Outlook Money Awards 2016
  • 2016: CLO Chief Learning Officer Summit India - 2016
  • 2016: LIMRA and LOMA Social Media Silver Bowl Awards 2016
  • 2016: CLO Chief Learning Officer Summit India - 2016
  • 2016: Life Insurance Company of the Year
  • 2016: Bancassurance Leader Life Insurance
  • 2017: Skoch Resilient India awards 2017
  • 2017: DSCI Excellence Awards 2017
  • 2017: CTO Leadership Award 2017
  • 2017: Digital Innovation Award 2017
  • 2017: TISS Leapvault CLO Awards 2017
  • 2017: Fintelekt Insurance Awards 2017 -Data Analytics Initiative of the Year (Overall Award Across Life, General, Health)
  • 2017: Fintelekt Insurance Awards 2017 -Bancassurance Leader, Life Insurance (Large Companies Category)
  • 2017: Fintelekt Insurance Awards 2017 - Private Sector Life Insurance Company of the Year (Large Category)
  • 2017: Brand of the Year 2016-17
  • 2018: TISS Leapvault CLO Awards 2018
  • 2018: 30th Qualtech Prize 2018
  • 2018: Risk & Insurance Management Society (RIMS), USA 2018
  • 2018: Golden Peacock Award for Risk Management 2018
  • 2019: Indian Television BrandVid Awards 2019
  • 2019: Foxglove Awards 2019
  • 2019: ICC Emerging Asia Insurance Conclave & Awards 2019
  • 2019: SMART Award-Life Insurance in Large Category
  • 2019: Gold Shield from ICAI for FY 2018-19
  • 2020: India's Leading Life Insurance Company - Private
  • 2020: Financial Services Company of the Year
  • 2020: Life Insurance Provider of the Year

Milestones

  • 2000: Startup Information (Important Events of Financial Year 2000-01)
  • 2000: SBI Life Insurance Co. Ltd. incorporated under Companies Act,1956 on October 11, 2000 Joint Venture agreement signed with BNP Cardif on February 27, 2001.
  • 2001: Actual Commencement of Business
  • 2002: Launch of Bancassurance Channel
  • 2004: Launch of Unit Linked Product
  • 2005: First new generation Private Life Insurance Company to make profit for the year at Rs 2.03 crore
  • 2007: Wipes of entire accumulated loss, GWP (Gross Written Premium) benchmark of Rs 5000 crore achieved
  • 2009: GWP (Gross Written Premium) crosses Rs 10,000 crore benchmark
  • 2010: Number of branches exceeded 500 branches
  • 2011: Profits cross Rs 500 crore
  • 2012: Assets under Management cross Rs 50,000 crore
  • 2014: Declaration of higher Dividend
  • 2015: GWP (Gross Written Premium) crosses milestone of 15,000 crore - Rs 15825 crore
  • 2016: Renewal Premium Collection crosses milestone of Rs 10,000 crore - Rs 10,871 crore
  • 2017: Assets under Management cross Rs 1,00,000 crore
  • 2018: SBI Life got listed on BSE and NSE
  • 2018: Total Asset under Management (AuMs) of the Company crossed Rs 1 trillion
  • 2018: The Company clocked in profit after tax of Rs 10 billion
  • 2019: The Company crossed the Rs 300 billion revenue mark in Gross Written Premium

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.52%
1 Week
+3.94%
1 Month
+6.96%
3 Month
+14.33%
6 Month
+24.82%
1 Year
+24.25%
2 Year
+35.47%
5 Year

Ratios View Details

9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 29.72 25.91 24.72 22.53 19.87 18.80 19.43 19.18 17.40
Return on Capital Employed (%) 29.72 25.91 24.72 22.92 20.17 19.19 20.01 19.85 17.30
Return on Assets (%) 1.29 1.25 1.33 1.25 1.13 1.06 1.06 1.02 0.93

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 2,156 2,710 3,342 4,039 4,733 5,552 6,528 7,576 8,743
Non Curr. Liab. 44,761 49,609 55,654 68,171 75,991 93,673 111,628 135,421 153,815
Sources of Funds 46,916 52,319 58,997 72,211 80,725 99,225 118,156 142,998 162,558
Non Curr. Assets 45,043 50,323 56,561 69,658 78,414 96,547 115,188 140,092 159,759
Deferred Tax (Net)
Net Curr. Assets 1,874 1,996 2,435 2,553 2,311 2,678 2,968 2,905 2,799
Appl. of Funds 46,916 52,319 58,997 72,211 80,725 99,225 118,156 142,998 162,558

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Opt. Profit (Trf Shh a/c) 597 738 840 704 666 655 829 999 1,463
Inc. From Invest. 96 151 202 276 318 402 452 506 477
Other Income 6 7 7 7 8 8 11 14 7
Expenditure -144 -273 -309 -154 -118 -90 -108 -145 -533
Profit Before Tax 556 622 740 834 874 975 1,184 1,373 1,414
Prov. For taxation -14 -13 -20 -34 -46 9
Profit After Tax 556 622 740 820 861 955 1,150 1,327 1,422
Balance B/F from B/S 621 1,119 1,683 2,306 2,974 3,691 4,465 5,374 6,460
Appropriations -58 -58 -117 -152 -144 -181 -241 -241
Balance C/F To B/S 1,119 1,683 2,306 2,974 3,691 4,465 5,374 6,460 7,882

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 6,468 1,130 168 2,715 5,778 8,525 10,395 13,473 19,299
Cash Fr. Inv. -4,968 -1,222 -710 -182 -7,204 -9,031 -8,910 -13,553 -16,987
Cash Fr. Finan. -58 -58 -117 -144 -144 -221 -241 -198
Net Change 1,500 -150 -600 2,416 -1,570 -651 1,264 -321 2,113
Cash & Cash Eqvt 2,303 2,153 2,962 5,378 3,808 3,157 4,405 4,084 6,198

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 67.30 62.80 62.80 62.80 60.70 60.70 60.70 55.70 55.70
Public 32.70 37.20 37.20 37.20 39.30 39.30 39.30 44.30 44.30
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 26 Jul 2021
Outcome Of Board Meeting Held On July 26 2021.
We wish to inform you that the meeting of the Board of Directors of SBI Life Insurance Company Limited commenced at 12:00 noon and concluded at 2:55 PM on July 26 2021 which inter-alia approved the unaudited Financial Results for the quarter ended June 30 2021.

Pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 (Listing Regulations) and other applicable requirements a copy of the unaudited Financial Results for the quarter ended June 30 2021 together with the Limited Review Report in the prescribed format is enclosed. A copy of the press release being issued in this connection is also attached.

We request to you to kindly take the above information on record.
Mon, 26 Jul 2021
Outcome Of Board Meeting Held On July 26 2021.
We wish to inform you that the meeting of the Board of Directors of SBI Life Insurance Company Limited commenced at 12:00 noon and concluded at 2:55 PM on July 26 2021 which inter-alia approved the unaudited Financial Results for the quarter ended June 30 2021.

Pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 (Listing Regulations) and other applicable requirements a copy of the unaudited Financial Results for the quarter ended June 30 2021 together with the Limited Review Report in the prescribed format is enclosed. A copy of the press release being issued in this connection is also attached.

We request to you to kindly take the above information on record.
Mon, 26 Jul 2021
Grant Of Stock Options Under Employee Stock Option Scheme - 2018
In terms of provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 and relevant provisions of Circular No. CIR/CFD/CMD/4/2015 dated September 9 2015 issued by Securities and Exchange Board of India we wish to inform you that Nomination and Remuneration Committee of Directors of the Company at its meeting held today i.e. July 26 2021 has approved the grant of the employee stock options ("Options") under the provisions of ESOS - 2018 details of the same are enclosed

Technical Scans View Details

Mon, 26 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Close Crossing 2 Year High Close Crossing 2 Year High

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