SBI Life Insurance Company Ltd is down for a fifth straight session today. The stock is quoting at Rs 1442.05, down 0.54% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.1% on the day, quoting at 23183. The Sensex is at 76475.73, down 0.06%.SBI Life Insurance Company Ltd has added around 2.34% in last one month.Meanwhile, Nifty Financial Services index of which SBI Life Insurance Company Ltd is a constituent, has eased around 4.87% in last one month and is currently quoting at 22625.85, down 0.17% on the day. The volume in the stock stood at 8.37 lakh shares today, compared to the daily average of 15.76 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 1444, down 0.68% on the day. SBI Life Insurance Company Ltd jumped 4.43% in last one year as compared to a 8.57% rally in NIFTY and a 12.37% spurt in the Nifty Financial Services index.The PE of the stock is 60.24 based on TTM earnings ending December 24.Powered by Capital Market - Live

Net profit of SBI Life Insurance Company rose 71.20% to Rs 550.82 crore in the quarter ended December 2024 as against Rs 321.75 crore during the previous quarter ended December 2023. Sales rose 11.25% to Rs 24827.54 crore in the quarter ended December 2024 as against Rs 22316.47 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales24827.5422316.47 11 OPM %2.401.58 - PBDT593.53369.95 60 PBT593.53369.95 60 NP550.82321.75 71 Powered by Capital Market - Live

The life insurer's net premium income grew by 11.25% YoY to Rs 24,827.54 crore in Q3 FY25. However, the company reported a loss of Rs 6,281.65 crore from investments during the December quarter FY25, compared to an income of Rs 16,468.64 crore in the same period of FY24. The company's net worth grew by 15% YoY to Rs 16,590 crore in Q3 FY25 as compared to Rs 14,430 crore recorded in Q3 FY24. SBI Life reported a robust solvency ratio of 2.04 as on 31 September 2024 as against the regulatory requirement of 1.50, indicating a strong financial position of the company. Asset under management (AuM) jumped 19% YoY to Rs 4,41,680 crore as on 31 December 2024 with a debt-equity mix of 61:39. Over 95% of the debt investments are in AAA and sovereign instruments. On a nine-month basis, the company's net profit jumped by 47.72% to Rs 1,599.79 crore despite a 2.22% decline in total income to Rs 92,949.25 crore in 9M FY25 over 9M FY24. Value of new business (VoNB) increased by 6% YoY to Rs 4,290 crore for 9M FY25. VoNB margin reduced to 26.9% in 9M FY25 as against 28.1% recorded in 9M FY24. New business premium (NBP) rose 1% YoY to Rs 26,260 crore in 9M FY25. Gross written premium (GWP) grew 9% to 60,979. crore in 9M FY25, mainly due to 12% growth in new business regular premium (RP) and 15% growth in renewal premium (RP) in 9M FY25. The company's total cost ratio for 9M FY25 was at 10.2% as compared with 9.9% reported in 9M FY24. The commission ratio was 4.9% in 9M FY25 as against 4.8% in 9M FY24. Operating expense ratio for 9M FY25 was 5.3% as against 5.1% in 9M FY24. Annualized premium equivalent (APE) stood at Rs 15,969 crore, registering growth of 11% YoY. SBI Life recorded strong growth in 13th month and 61st month persistency (based on premium considering Regular Premium/ Limited Premium payment under individual category) in 9M FY 25 by 83 bps and 521 bps respectively due to our focus on improving the quality of business and customer retention. SBI Life Insurance Company is carrying on the business of life insurance. The company's life insurance business comprises individual life and group business, including participating, non-participating, pension, group gratuity, group leave encashment, group superannuation, group immediate annuity, unit-linked insurance products, variable insurance products, health, and microinsurance. Some of these policies have riders such as accident and disability benefit, level term, and critical illness. Powered by Capital Market - Live

SBI Life Insurance Company will hold a meeting of the Board of Directors of the Company on 17 January 2025.Powered by Capital Market - Live

SBI Life Insurance Company Ltd is up for a third straight session today. The stock is quoting at Rs 1447, up 1.74% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.45% on the day, quoting at 24079.19921875. The Sensex is at 79453, down 0.61%. SBI Life Insurance Company Ltd has slipped around 0.39% in last one month. Meanwhile, Nifty Financial Services index of which SBI Life Insurance Company Ltd is a constituent, has slipped around 3.07% in last one month and is currently quoting at 24006.7, down 0.82% on the day. The volume in the stock stood at 3.73 lakh shares today, compared to the daily average of 17.06 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 1457.1, up 1.98% on the day. SBI Life Insurance Company Ltd is up 1.08% in last one year as compared to a 11.18% jump in NIFTY and a 10.66% jump in the Nifty Financial Services index.The PE of the stock is 65.35 based on TTM earnings ending September 24.Powered by Capital Market - Live

SBI Life Insurance Company has allotted 43,966 equity shares of Rs. 10/- each towards the exercise of vested stock options by certain employees under 'SBI Life Employee Stock Option Scheme 2018' of the Company. Post the allotment, the paid-up share capital of the Company is Rs. 10,02,08,90,000/- consisting of 100,20,89,000 equity shares of Rs. 10 each.Powered by Capital Market - Live

SBI Life Insurance Company Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1427.2, down 0.11% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.38% on the day, quoting at 24673.75. The Sensex is at 81773.57, down 0.44%.SBI Life Insurance Company Ltd has eased around 8.67% in last one month.Meanwhile, Nifty Financial Services index of which SBI Life Insurance Company Ltd is a constituent, has increased around 6.92% in last one month and is currently quoting at 24880.4, down 0.06% on the day. The volume in the stock stood at 6.21 lakh shares today, compared to the daily average of 26.87 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 1430.2, down 0.24% on the day. SBI Life Insurance Company Ltd tumbled 1.36% in last one year as compared to a 15.2% rally in NIFTY and a 15.96% spurt in the Nifty Financial Services index.The PE of the stock is 65.62 based on TTM earnings ending September 24.Powered by Capital Market - Live

Total income was at Rs 40,015.04 crore in the quarter ended 30 September 2024, registering a growth of 40.06% year on year (YoY). The life insurer's net premium income grew by 1.07% YoY to Rs 20,266.10 crore during the quarter. The insurance company's income from investments soared 132.18% to Rs 19,753.06 crore in the September quarter of FY25 as compared to Rs 8,507.40 crore posted in the same period last year. The company's net worth grew by 16.39% YoY to Rs 16,260 crore in Q2 FY25 as compared to Rs 13,970 crore recorded in Q2 FY24. SBI life reported robust solvency ratio of 2.04 as on 30 September 2024 as against the regulatory requirement of 1.50 indicating strong financial position of the company. Asset under management (AuM) jumped 27.17% YoY to Rs 4,38,950 crore as on 30 September 2024 with debt-equity mix of 60:40. Over 95% of the debt investments are in AAA and sovereign instruments. On half-year basis, the company's net profit jumped by 37.79% to Rs 1,048.97 crore on 32.25% increase in total income to Rs 74,407.09 crore in H1 FY25 over H1 FY24. Value of new business (VoNB) increased by 2.54% YoY to Rs 2,420 crore for H1 FY25. VoNB margin reduced to 26.8% in H1 FY25 as against 28.6% recorded in H1 FY24. New business premium (NBP) decined by 3.25% YoY to Rs 15,730 crore in H1 FY25. Gross written premium (GWP) grew 6.70% to 35,990 crore in H1 FY25 mainly due to 11% growth in new business regular premium (RP) and 16% growth in renewal premium (RP) in H1 FY25. The company's total cost ratio for H1 FY25 was at 10.6% as compared with 10% reported in H1 FY24. The commission ratio was 4.7% in H1 FY25 as against 4.6% in H1 FY24. Operating expense ratio for H1 FY25 was 5.8% as against 5.4% in H1 FY24. Annualized premium equivalent (APE) stood at Rs 9,030 crore, registering growth of 9.32% YoY. SBI Life recorded Strong growth in 25th month and 61st month persistency (based on premium considering Regular Premium/ Limited Premium payment under individual category) in H1 FY25 by 116 bps and 438 bps respectively due to focus on improving the quality of business and customer retention. SBI Life Insurance Company is one of the leading life Insurance companies in India. The company has strong distribution network of 3,33,080 trained insurance professionals consisting of Agents, CIFs and SPs along with widespread operations with 1,082 offices across country. It has diversified distribution network comprising of strong bancassurance channel, agency channel and others comprising of corporate agents, brokers, micro agents, common service centers, insurance marketing firms, web aggregators and direct business. The scrip added 0.93% to settle at Rs 1,714.90 on the BSE. Powered by Capital Market - Live

Net profit of SBI Life Insurance Company rose 39.25% to Rs 529.42 crore in the quarter ended September 2024 as against Rs 380.19 crore during the previous quarter ended September 2023. Sales rose 1.08% to Rs 20266.10 crore in the quarter ended September 2024 as against Rs 20049.66 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales20266.1020049.66 1 OPM %2.992.06 - PBDT601.44424.08 42 PBT601.44424.08 42 NP529.42380.19 39 Powered by Capital Market - Live

SBI Life Insurance Company will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live