BSE:540719

Stock Analysis Report

SBI Life Insurance

Executive Summary

SBI Life Insurance Company Limited operates as a private life insurance company in India.


Snowflake Analysis

Poor track record with weak fundamentals.

Share Price & News

How has SBI Life Insurance's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 540719 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.7%

540719

0.7%

IN Insurance

-0.07%

IN Market


1 Year Return

66.0%

540719

44.6%

IN Insurance

9.5%

IN Market

Return vs Industry: 540719 exceeded the Indian Insurance industry which returned 44.6% over the past year.

Return vs Market: 540719 exceeded the Indian Market which returned 9.5% over the past year.


Shareholder returns

540719IndustryMarket
7 Day1.7%0.7%-0.07%
30 Day-7.2%-5.1%-1.3%
90 Day-2.5%-1.8%1.9%
1 Year66.6%66.0%45.5%44.6%11.5%9.5%
3 Yearn/a23.1%14.4%23.6%16.7%
5 Yearn/a22.7%9.9%35.5%22.9%

Price Volatility Vs. Market

How volatile is SBI Life Insurance's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SBI Life Insurance undervalued compared to its fair value and its price relative to the market?

68.74x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 540719 (₹927.95) is trading above our estimate of fair value (₹123.16)

Significantly Below Fair Value: 540719 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 540719 is poor value based on its PE Ratio (68.7x) compared to the Insurance industry average (53.7x).

PE vs Market: 540719 is poor value based on its PE Ratio (68.7x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 540719's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 540719 is overvalued based on its PB Ratio (10.9x) compared to the IN Insurance industry average (8.3x).


Next Steps

Future Growth

How is SBI Life Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

Forecasted Insurance industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SBI Life Insurance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has SBI Life Insurance performed over the past 5 years?

15.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540719 has a high level of non-cash earnings.

Growing Profit Margin: 540719's current net profit margins (2.5%) are lower than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: 540719's earnings have grown by 15% per year over the past 5 years.

Accelerating Growth: 540719's earnings growth over the past year (7.9%) is below its 5-year average (15% per year).

Earnings vs Industry: 540719 earnings growth over the past year (7.9%) underperformed the Insurance industry 10.3%.


Return on Equity

High ROE: 540719's Return on Equity (15.9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is SBI Life Insurance's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 540719 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 540719's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: 540719's level of assets compared to its equity is very high.

Allowance for Bad Loans: Insufficient data to determine if 540719 has a sufficient allowance for bad loans.

Low Risk Liabilities: 540719 reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if 540719 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 540719 has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if 540719 has an appropriate level of bad loans.


Next Steps

Dividend

What is SBI Life Insurance's current dividend yield, its reliability and sustainability?

0.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 540719's dividend (0.22%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: 540719's dividend (0.22%) is low compared to the top 25% of dividend payers in the Indian market (2.59%).


Stability and Growth of Payments

Stable Dividend: 540719 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: 540719 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 540719 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 540719's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Sanjeev Nautiyal (58yo)

1.9yrs

Tenure

₹6,210,000

Compensation

Mr. Sanjeev Nautiyal is Managing Director, Chief Executive Officer and Director of SBI Life Insurance Company Ltd. since March 10, 2018. 


CEO Compensation Analysis

Compensation vs Market: Sanjeev's total compensation ($USD86.45K) is below average for companies of similar size in the Indian market ($USD1.10M).

Compensation vs Earnings: Sanjeev's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sanjeev Nautiyal
MD, CEO & Director1.9yrs₹6.21mno data
Sangramjit Sarangi
President0yrs₹16.96m0.000080% 742.4k
Anand Pejawar
President of Operations0yrsno datano data
Gopikrishna Shenoy
Chief Investments Officer2.8yrsno datano data
Vinod Koyande
Chief Compliance Officer & Company Secretary0.6yrsno datano data
Ravindra Sharma
SVP and Chief of Brand & Corporate Communications0yrs₹2.96mno data
Manjula Kalyanasundaram
EVP and Chief of HR & Management Services2.3yrsno datano data
Sanjeev Pujari
President of Actuarial & Risk Management and Chief Risk Officer0yrsno data0.00026% 2.4m
Ravi Krishnamurthy
President of Marketing - Zone I0yrsno datano data
M. Anand
President of Marketing - Zone II0yrsno datano data

2.1yrs

Average Tenure

53yo

Average Age

Experienced Management: 540719's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sanjeev Nautiyal
MD, CEO & Director1.9yrs₹6.21mno data
Gregory Zeluck
Non-Executive Director0.5yrsno datano data
Raj Bhardwaj
Independent Director7.1yrs₹1.48mno data
Nilesh Vikamsey
Independent Director7.8yrs₹940.00kno data
Parveen Gupta
Director1.9yrsno datano data
Rajnish Kumar
Chairman of the Board2.3yrsno datano data
Deepak Amin
Independent Director2.6yrs₹310.00kno data
Joji Gill
Independent Director3.9yrs₹335.00kno data
Dinesh Khara
Non-Executive Director4.1yrsno datano data
Ravi Rambabu
Independent Director7.6yrs₹1.33mno data

3.3yrs

Average Tenure

58yo

Average Age

Experienced Board: 540719's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SBI Life Insurance Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SBI Life Insurance Company Limited
  • Ticker: 540719
  • Exchange: BSE
  • Founded: 2000
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: ₹927.954b
  • Shares outstanding: 1.00b
  • Website: https://www.sbilife.co.in

Number of Employees


Location

  • SBI Life Insurance Company Limited
  • NATRAJ
  • M.V. Road & Western Express Highway Junction
  • Mumbai
  • Maharashtra
  • 400069
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
540719BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2017
SBILIFENSEI (National Stock Exchange of India)YesEquity SharesININRSep 2017

Biography

SBI Life Insurance Company Limited operates as a private life insurance company in India. The company’s life insurance business comprises of 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 micro insurance. It also provides accident and disability benefit, level term, and critical illness insurance products. SBI Life Insurance Company Limited offers its products through multi-channel distribution network comprising a bancassurance channel, including State Bank of India and an individual agent network; and other distribution channels, such as direct sales, as well as sales through corporate agents, brokers, insurance marketing firms, and other intermediaries. The company was founded in 2000 and is based in Mumbai, India. SBI Life Insurance Company Limited operates as a subsidiary of State Bank of India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 13:28
End of Day Share Price2020/02/20 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.