Analyst Rating
based on 18 analysts
61.11%
Buy
22.22%
Hold
16.67%
Sell
Based on 18 analysts offering long term price targets for Life Insurance Corporation of India. An average target of ₹1157
Source: S&P Global Market Intelligence
Life Insurance Corporation of India Share analysis
Life Insurance Corporation of India price forecast by 18 analysts
Upside of13.30%
High
₹1330
Target
₹1157.00
Low
₹790
Life Insurance Corporation of India target price ₹1157, a slight upside of 13.3% compared to current price of ₹1018.6. According to 18 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Life Insurance Corporation of India revenue growth forecast
Expected growth rate Q1, FY2026:16.02%
Forecast
Actual
Including amortisation and stock based compensations
Life Insurance Corporation of India EPS growth forecast
EPS estimate Q1, FY2026:5.66%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,016₹1,034.4552 Week's Low
52 Week's High
₹597.35₹1,222
| Returns % | |
| 1 Month Return | -4.77 % |
| 3 Month Return | -3.34 % |
| 1 Year Return | + 53.86 % |
| Market Stats | |
| Previous Close | ₹1,021.20 |
| Open | ₹1,021.00 |
| Volume | 7.09L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹6,45,908.77Cr |
Key Statistics
| P/E Ratio | 15.44 |
| PEG Ratio | -3.05 |
| Market Cap | ₹6,45,908.77 Cr |
| P/B Ratio | 7.06 |
| EPS | 64.69 |
| Dividend Yield | 0 |
| Sector | Insurance |
| ROE | 63.75 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹6,45,908.77 Cr | 3.34% | 0.99 | ₹40,915 Cr | ₹8,45,966 Cr | |
| BUY | ₹1,82,240.37 Cr | 25.31% | 0.98 | NA | NA | |
| BUY | ₹1,04,007.48 Cr | 16.42% | 0.53 | NA | NA | |
| BUY | ₹1,08,312.93 Cr | 15.58% | 0.98 | ₹850 Cr | ₹89,683 Cr | |
| BUY | ₹1,50,418.74 Cr | 5.93% | 0.98 | ₹1,574 Cr | ₹1,01,481 Cr |
Company Information
LIC has various sub-brands that cater to different market segments, such as LIC Housing Finance, which provides home loans, and LIC Mutual Fund, which offers investment services. The company primarily operates in India but has a presence in several countries, including the United Kingdom, Mauritius, Fiji, and Nepal, among others, through joint ventures and partnerships. A notable fact about LIC is that it has a vast network of over 1.2 million agents and a significant market share in India's insurance sector. Another interesting fact is that LIC manages one of the largest pools of investment funds in the country, contributing to its strong financial stability.
As a government-owned entity, LIC's parent organization is the Ministry of Finance, Government of India. The company has not been significantly involved in mergers and acquisitions but has continuously expanded its product portfolio and geographical presence to maintain its market leadership in the insurance sector.
Share Price: ₹1018.60 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹6,45,908.77Cr as of today
Revenue: ₹2,13,083.90Cr as on June 2024 (Q2 24)
Net Profit: ₹9,144.44Cr as on June 2024 (Q2 24)
Listing date: 17 May, 2022
Chairperson Name: Siddhartha Mohanty
| Organisation | Life Insurance Corporation of India |
| Headquarters | |
| Industry | Insurance |
| E-voting on shares | Click here to vote |
Key events for Life Insurance Corporation of India
LIC Reports Growth and Digital Transformation Plans - 18 Sep, 2024
LIC has increased its stake in Biocon, reported significant premium income growth, and committed Rs 600 crore for digital transformation, aiming for a paperless future.
LIC Increases Stake in Biocon Amid Digital Initiatives - 17 Sep, 2024
Life Insurance Corporation of India has raised its stake in Biocon Ltd to 5.023%. Additionally, LIC is collaborating with Infosys for digital transformation initiatives.
LIC Partners with Infosys for Digital Transformation - 16 Sep, 2024
Life Insurance Corporation of India has appointed Infosys to lead its digital transformation initiative, DIVE, aimed at enhancing digital platforms for customers and employees. The initiative focuses on omnichannel engagement and hyper-personalization, marking a significant step in LIC's digital journey.
LIC Raises Stake in IRCTC to 9.3% - 13 Sep, 2024
Life Insurance Corporation of India has raised its stake in Indian Railway Catering and Tourism Corporation (IRCTC) to approximately 9.3%, increasing its holding by 2.02% since December 2022 through open market purchases.
LIC Increases Stake in IRCTC to 9.3% - 12 Sep, 2024
Life Insurance Corporation (LIC) has raised its stake in Indian Railway Catering and Tourism Corporation (IRCTC) to approximately 9.3% through open market purchases, increasing its holding from 7.278% to 9.298%.
LIC Reports Strong Premium Growth Amid Market Challenges - 10 Sep, 2024
Life Insurance Corporation of India reported a 35% increase in new business premiums for August. Additionally, LIC raised its stake in Container Corporation, despite facing competition from private insurers.
LIC Reports Growth Amid Regulatory Challenges - 09 Sep, 2024
LIC's new business premium surged 35% in August, while facing Rs 230 crore in GST penalties. The company also increased its stake in Container Corporation of India.
LIC Shares Decline After Hitting 52-Week High - 07 Sep, 2024
Life Insurance Corporation (LIC) shares closed at Rs 1040, down 2.74%. The stock previously reached a 52-week high of Rs 1222 on August 1, 2024.
LIC Faces GST Penalties Amid Regulatory Scrutiny - 06 Sep, 2024
LIC has been penalized with Rs 230 crore in GST by Telangana and Tamil Nadu authorities, adding to previous penalties. Despite this, LIC claims no material impact on its operations. The company's shares fell 2.74% amid these developments.
LIC Maintains Strong Market Leadership and Growth - 05 Sep, 2024
Life Insurance Corporation of India (LIC) showcases its dominance with a 69.91% market share, increased premium income, and high claims settlement rates, reflecting robust growth.
LIC Celebrates Anniversary Amid Mixed Stock Performance - 03 Sep, 2024
On September 3, 2024, LIC celebrated its 68th anniversary, emphasizing customer service and its top brand ranking. However, its shares remain below IPO price, showing mixed performance recently.
LIC Fined for COVID-19 Policy Violations - 31 Aug, 2024
A Kerala consumer commission ordered LIC to pay Rs 50 lakh to a deceased policyholder's family for violating guidelines regarding policy issuance and coverage information during COVID-19.
LIC Faces GST Demand and Service Lapse Penalty - 30 Aug, 2024
LIC is under scrutiny with a ₹605.59 crore GST demand and a ₹50 lakh penalty for service lapses related to a COVID-19 policyholder. Despite a slight drop in share price, analysts maintain a generally positive outlook with 13 buy ratings.
LIC Faces GST Demand and Distributes Dividend - 29 Aug, 2024
LIC has received a ₹605.58 crore GST demand notice for FY 2019-20 while also handing over a ₹3,662.17 crore dividend cheque to the government.
LIC Requests Revision of Surrender Value Regulations - 28 Aug, 2024
Life Insurance Corporation of India has approached IRDAI for a revision of the new Surrender Value regulations, which are set to take effect soon.
LIC Seeks Regulatory Changes, Shares Surge Over 3% - 27 Aug, 2024
Life Insurance Corporation of India is pushing for revisions in surrender value regulations, leading to a 3% rise in its stock. Stakeholders may exit after previous support in 2020, indicating potential changes in investment dynamics.
LIC Reports Stake Sale and Improved VNB Margin - 20 Aug, 2024
LIC sold a 2.09% stake in Hindustan Copper and reported a rise in rural insurance policies. The VNB margin improved to 13.90%, with a target of 20% soon.
Insights on Life Insurance Corporation of India
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 0.15% to 0.19% in Jun 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, LICI has outperformed top 5 stocks with highest market-cap in Life & Health Insurance
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.68% to 0.79% in Jun 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 96.50% of holdings in Jun 2024 quarter
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 2.53L Cr → 2.13L Cr (in ₹), with an average decrease of 15.9% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, LICI stock has moved down by -4.8%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 13.78K Cr → 10.54K Cr (in ₹), with an average decrease of 23.5% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 2.49% to 2.37% in Jun 2024 quarter
Life Insurance Corporation of India Infographics
Life Insurance Corporation of India Q1 FY2024-2025 Results: Key Insights
LIC's overall market share by first-year premium income (FYPI) increased to 64.02% from 61.42% YoY.
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 96.5% | 0.00 | |
| Foreign Institutions | 0.19% | 31.52 | |
| Mutual Funds | 0.79% | 16.07 | |
| Retail Investors | 2.37% | ||
| Others | 0.15% |
Key Indicators
Life Insurance Corporation of India Valuation
Life Insurance Corporation of India in the last 5 years
Lowest (8.65x)
July 13, 2023
Today (15.44x)
September 17, 2024
Industry (24.96x)
September 17, 2024
Highest (134.41x)
May 18, 2022
Earnings and Dividends
Life Insurance Corporation of India Earnings Results
Life Insurance Corporation of India’s net profit jumped 9.44% since last year same period to ₹10,544.33Cr in the Q1 2024-2025. On a quarterly growth basis, Life Insurance Corporation of India has generated -23.49% fall in its net profits since last 3-months.
Read More about Earnings ResultsLife Insurance Corporation of India Dividends May,2024
In the quarter ending March 2024, Life Insurance Corporation of India has declared dividend of ₹6 - translating a dividend yield of 0.98%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Life Insurance Corporation of India is currently in a Bearish trading position according to technical analysis indicators.
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Life Insurance Corporation of India (LICI) share price today is ₹1018.6
Life Insurance Corporation of India is listed on NSE
Life Insurance Corporation of India is listed on BSE
- Today’s highest price of Life Insurance Corporation of India is ₹1034.45.
- Today’s lowest price of Life Insurance Corporation of India is ₹1016.
PE Ratio of Life Insurance Corporation of India is 15.44
PE ratio = Life Insurance Corporation of India Market price per share / Life Insurance Corporation of India Earnings per share
Today’s traded volume of Life Insurance Corporation of India(LICI) is 7.09L.
Today’s market capitalisation of Life Insurance Corporation of India(LICI) is ₹645908.77Cr.
| Life Insurance Corporation of India(LICI | Price |
|---|---|
52 Week High | ₹1222 |
52 Week Low | ₹597.35 |
Life Insurance Corporation of India(LICI) share price is ₹1018.6. It is down -16.64% from its 52 Week High price of ₹1222
Life Insurance Corporation of India(LICI) share price is ₹1018.6. It is up 70.52% from its 52 Week Low price of ₹597.35
| Life Insurance Corporation of India(LICI | Returns |
|---|---|
1 Day Returns | -2.6% |
1 Month Returns | -4.77% |
3 Month Returns | -3.34% |
1 Year Returns | 53.86% |