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Indian (NIFTY) Insurance Industry Analysis
UpdatedJan 20, 2025
DataAggregated Company Financials
Companies13
- 7D1.8%
- 3M-7.6%
- 1Y4.6%
- YTD-2.3%
Over the last 7 days, the Insurance industry has risen 1.8%, driven by gains from Life Insurance Corporation of India of 1.8%. Meanwhile, PB Fintech actually underperformed within the industry, shrinking 7.4% in the last week. This takes the industry's 12 month performance to a gain of 4.6%. Looking forward, earnings are forecast to grow by 9.4% annually.
Industry Valuation and Performance
Has the Indian Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 Jan 2025 | ₹13.3t | ₹14.3t | ₹666.7b | 64x | 19.9x | 0.9x |
| Wed, 18 Dec 2024 | ₹13.8t | ₹14.6t | ₹661.0b | 64.8x | 20.9x | 0.9x |
| Fri, 15 Nov 2024 | ₹13.5t | ₹14.3t | ₹649.6b | 71.8x | 20.7x | 0.9x |
| Sun, 13 Oct 2024 | ₹14.3t | ₹14.0t | ₹637.8b | 67x | 22.5x | 1x |
| Tue, 10 Sep 2024 | ₹15.3t | ₹14.0t | ₹637.8b | 73x | 24x | 1.1x |
| Thu, 08 Aug 2024 | ₹15.2t | ₹13.7t | ₹586.9b | 64.2x | 25.9x | 1.1x |
| Sat, 06 Jul 2024 | ₹14.0t | ₹13.7t | ₹580.1b | 64.4x | 24.1x | 1x |
| Mon, 03 Jun 2024 | ₹13.1t | ₹13.7t | ₹580.1b | 57x | 22.6x | 1x |
| Wed, 01 May 2024 | ₹12.9t | ₹13.0t | ₹548.4b | 43.8x | 23.5x | 1x |
| Fri, 29 Mar 2024 | ₹12.6t | ₹12.7t | ₹547.3b | 42.7x | 22.9x | 1x |
| Sun, 25 Feb 2024 | ₹13.5t | ₹12.7t | ₹547.3b | 46.7x | 24.6x | 1.1x |
| Tue, 23 Jan 2024 | ₹12.3t | ₹12.4t | ₹575.7b | 44x | 21.3x | 1x |
| Thu, 21 Dec 2023 | ₹11.0t | ₹12.3t | ₹574.4b | 40.8x | 19.1x | 0.9x |
| Sat, 18 Nov 2023 | ₹10.0t | ₹12.5t | ₹650.6b | 42.2x | 15.4x | 0.8x |
| Mon, 16 Oct 2023 | ₹9.8t | ₹12.5t | ₹651.9b | 42.9x | 15x | 0.8x |
| Wed, 13 Sep 2023 | ₹10.1t | ₹12.5t | ₹651.5b | 46.2x | 15.5x | 0.8x |
| Fri, 11 Aug 2023 | ₹9.9t | ₹12.2t | ₹605.1b | 45.6x | 16.3x | 0.8x |
| Sun, 09 Jul 2023 | ₹9.6t | ₹11.6t | ₹593.5b | 47.3x | 16.2x | 0.8x |
| Tue, 06 Jun 2023 | ₹8.9t | ₹11.6t | ₹593.5b | 42.8x | 15x | 0.8x |
| Thu, 04 May 2023 | ₹8.2t | ₹11.5t | ₹537.3b | 49x | 15.3x | 0.7x |
| Sat, 01 Apr 2023 | ₹7.9t | ₹11.5t | ₹534.1b | 48.7x | 14.8x | 0.7x |
| Mon, 27 Feb 2023 | ₹8.2t | ₹11.5t | ₹534.1b | 53.2x | 15.4x | 0.7x |
| Wed, 25 Jan 2023 | ₹9.5t | ₹11.2t | ₹322.1b | 81.3x | 29.6x | 0.9x |
| Fri, 23 Dec 2022 | ₹9.3t | ₹11.0t | ₹322.5b | 75x | 28.9x | 0.8x |
| Sun, 20 Nov 2022 | ₹8.8t | ₹11.0t | ₹322.9b | 75.2x | 27.3x | 0.8x |
| Tue, 18 Oct 2022 | ₹8.7t | ₹10.6t | ₹242.1b | 64.2x | 35.9x | 0.8x |
| Thu, 15 Sep 2022 | ₹9.5t | ₹10.6t | ₹242.1b | 71.3x | 39.3x | 0.9x |
| Sat, 13 Aug 2022 | ₹9.5t | ₹10.5t | ₹169.8b | 68x | 55.7x | 0.9x |
| Mon, 11 Jul 2022 | ₹9.3t | ₹10.9t | ₹159.8b | 72.3x | 58.4x | 0.9x |
| Wed, 08 Jun 2022 | ₹9.9t | ₹10.9t | ₹159.8b | 78.7x | 61.7x | 0.9x |
| Fri, 06 May 2022 | ₹5.0t | ₹3.6t | ₹61.0b | 72x | 82.4x | 1.4x |
| Sun, 03 Apr 2022 | ₹5.1t | ₹3.6t | ₹51.0b | 81.5x | 99.7x | 1.4x |
| Tue, 01 Mar 2022 | ₹4.9t | ₹3.6t | ₹51.0b | 77.7x | 95.4x | 1.3x |
| Thu, 27 Jan 2022 | ₹5.6t | ₹3.6t | ₹69.7b | 89.8x | 80.1x | 1.5x |
Price to Earnings Ratio
80.1x
Current Industry PE
- Investors are pessimistic on the Indian Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 19.9x which is lower than its 3-year average PE of 33.5x.
- The industry is trading close to its 3-year average PS ratio of 0.95x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 112% per year over the last three years.
- Revenues for these companies have grown 58% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Financials industry?
| IN Market | -0.26% | |
| Financials | 0.95% | |
| Insurance | 1.85% | |
| Property and Casualty Insurance | 3.18% | |
| Life and Health Insurance | 2.44% | |
| Reinsurance | 1.90% | |
| General Insurance | 0% | 0 |
| Insurance Brokers | -7.44% | |
Industry PE
- Investors are most optimistic about the Insurance Brokers industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 39.2% and investors are willing to pay a premium for that growth.
- Investors are most pessimistic about the Reinsurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.1x.
Forecasted Growth
- Analysts are most optimistic on the Insurance Brokers industry, expecting annual earnings growth of 39% over the next 5 years.
- In contrast, the Reinsurance industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LICI Life Insurance Corporation of India | ₹854.90 | 1.8% +₹97.4b | -8.7% | PE11.2x | |
| HDFCLIFE HDFC Life Insurance | ₹642.20 | 5.5% +₹72.2b | 5.6% | PE79.1x | |
| SBILIFE SBI Life Insurance | ₹1.54k | 4.2% +₹62.3b | 6.8% | PE64x | |
| ICICIGI ICICI Lombard General Insurance | ₹1.95k | 3.8% +₹35.2b | 32.3% | PE38.3x | |
| GICRE General Insurance Corporation of India | ₹437.70 | 1.9% +₹14.3b | 18.5% | PE10.6x |