HDFC Life Insurance
Market Cap
₹1.2t
Last Updated
2020/02/20 13:17 UTC
Data Sources
Company Financials +
Executive Summary
HDFC Life Insurance Company Limited provides individual and group insurance solutions in India.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with moderate growth potential.
Share Price & News
How has HDFC Life Insurance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HDFCLIFE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.6%
HDFCLIFE
-0.4%
IN Insurance
-0.6%
IN Market
1 Year Return
60.7%
HDFCLIFE
49.3%
IN Insurance
11.1%
IN Market
Return vs Industry: HDFCLIFE exceeded the Indian Insurance industry which returned 49.3% over the past year.
Return vs Market: HDFCLIFE exceeded the Indian Market which returned 11.1% over the past year.
Shareholder returns
| HDFCLIFE | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | -0.4% | -0.6% |
| 30 Day | -4.7% | -2.7% | -0.5% |
| 90 Day | -2.2% | -0.7% | 3.0% |
| 1 Year | 61.4%60.7% | 50.3%49.3% | 13.1%11.1% |
| 3 Year | n/a | 22.1%13.4% | 24.5%18.0% |
| 5 Year | n/a | 24.6%11.5% | 37.8%25.7% |
Price Volatility Vs. Market
How volatile is HDFC Life Insurance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why HDFC Life Insurance Company Limited (NSE:HDFCLIFE) Looks Like A Quality Company1 month ago | Simply Wall St
With EPS Growth And More, HDFC Life Insurance (NSE:HDFCLIFE) Is Interesting1 month ago | Simply Wall St
Does HDFC Life Insurance's (NSE:HDFCLIFE) Share Price Gain of 60% Match Its Business Performance?Valuation
Is HDFC Life Insurance undervalued compared to its fair value and its price relative to the market?
86.1x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HDFCLIFE (₹573.5) is trading above our estimate of fair value (₹96.17)
Significantly Below Fair Value: HDFCLIFE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HDFCLIFE is poor value based on its PE Ratio (86.1x) compared to the Insurance industry average (54x).
PE vs Market: HDFCLIFE is poor value based on its PE Ratio (86.1x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: HDFCLIFE is poor value based on its PEG Ratio (6.4x)
Price to Book Ratio
PB vs Industry: HDFCLIFE is overvalued based on its PB Ratio (18.3x) compared to the IN Insurance industry average (8x).
Next Steps
Future Growth
How is HDFC Life Insurance forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
13.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HDFCLIFE's forecast earnings growth (13.5% per year) is above the savings rate (6.5%).
Earnings vs Market: HDFCLIFE's earnings (13.5% per year) are forecast to grow slower than the Indian market (21.5% per year).
High Growth Earnings: HDFCLIFE's earnings are forecast to grow, but not significantly.
Revenue vs Market: HDFCLIFE's revenue (14.8% per year) is forecast to grow faster than the Indian market (9% per year).
High Growth Revenue: HDFCLIFE's revenue (14.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HDFCLIFE's Return on Equity is forecast to be high in 3 years time (20.8%)
Next Steps
Past Performance
How has HDFC Life Insurance performed over the past 5 years?
13.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HDFCLIFE has a high level of non-cash earnings.
Growing Profit Margin: HDFCLIFE's current net profit margins (3.1%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: HDFCLIFE's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: HDFCLIFE's earnings growth over the past year (13.8%) exceeds its 5-year average (13.4% per year).
Earnings vs Industry: HDFCLIFE earnings growth over the past year (13.8%) exceeded the Insurance industry 10.3%.
Return on Equity
High ROE: HDFCLIFE's Return on Equity (20.2%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is HDFC 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: HDFCLIFE has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if HDFCLIFE's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: HDFCLIFE's level of assets compared to its equity is very high.
Allowance for Bad Loans: Insufficient data to determine if HDFCLIFE has a sufficient allowance for bad loans.
Low Risk Liabilities: HDFCLIFE reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if HDFCLIFE has an acceptable proportion of non-loan assets held.
Low Risk Deposits: HDFCLIFE has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if HDFCLIFE has an appropriate level of bad loans.
Next Steps
Dividend
What is HDFC Life Insurance's current dividend yield, its reliability and sustainability?
0.28%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HDFCLIFE's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: HDFCLIFE's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (2.55%).
Stability and Growth of Payments
Stable Dividend: HDFCLIFE is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: HDFCLIFE 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: HDFCLIFE is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HDFCLIFE'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?
1.4yrs
Average management tenure
CEO
Vibha Padalkar (51yo)
1.4yrs
Tenure
₹49,801,000
Compensation
Ms. Vibha U. Padalkar is serves as a Managing Director and Chief Executive Officer of HDFC Life Insurance Company Ltd. ( Formerly Known as HDFC Life Insurance Company Limited since September 12, 2018 and s ...
CEO Compensation Analysis
Compensation vs Market: Vibha's total compensation ($USD695.95K) is below average for companies of similar size in the Indian market ($USD1.11M).
Compensation vs Earnings: Vibha's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.4yrs | ₹49.80m | 0.065% ₹754.5m | |
| Chief Financial Officer | 0.9yrs | ₹20.86m | no data | |
| Executive VP | 2.6yrs | ₹17.44m | 0.00065% ₹7.6m | |
| Chief Distribution Officer & Executive Director | 1.4yrs | ₹31.23m | 0.0094% ₹109.3m | |
| Chief Operating Officer | 1.2yrs | no data | no data | |
| Chief Investment Officer | 11.1yrs | no data | 0.024% ₹280.9m | |
| Chief Marketing Officer & Senior Executive VP of Sales | 1.1yrs | no data | 0.0080% ₹93.4m | |
| Executive VP of HR | 0yrs | no data | 0.0095% ₹110.5m | |
| Senior Executive VP of Bancassurance & Chief Values Officer | 0yrs | no data | 0.016% ₹192.7m | |
| Executive VP of Audit & Risk Management & Chief Risk Officer | 4.8yrs | no data | no data |
1.4yrs
Average Tenure
47yo
Average Age
Experienced Management: HDFCLIFE's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.4yrs | ₹49.80m | 0.065% ₹754.5m | |
| Chief Distribution Officer & Executive Director | 1.4yrs | ₹31.23m | 0.0094% ₹109.3m | |
| Chairman of the Board | 0yrs | ₹1.00m | 0.068% ₹792.5m | |
| Non-Executive Director | 14.1yrs | ₹2.30m | 0.056% ₹654.0m | |
| Non-Executive Director | 19.2yrs | ₹1.90m | 0.056% ₹653.3m | |
| Independent Director | 2.6yrs | ₹2.60m | 0.000060% ₹701.5k | |
| Independent Director | 5.8yrs | ₹3.00m | no data | |
| Independent Director | 6.1yrs | ₹3.50m | 0.000070% ₹818.4k | |
| Independent Director | 3.6yrs | ₹3.20m | no data | |
| Independent Director | 3.6yrs | ₹3.00m | no data |
5.8yrs
Average Tenure
65.5yo
Average Age
Experienced Board: HDFCLIFE's board of directors are considered experienced (5.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HDFCLIFE insiders have only sold shares 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
HDFC Life Insurance Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: HDFC Life Insurance Company Limited
- Ticker: HDFCLIFE
- Exchange: NSEI
- Founded: 2000
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: ₹1.169t
- Shares outstanding: 2.02b
- Website: https://www.hdfclife.com
Number of Employees
Location
- HDFC Life Insurance Company Limited
- Lodha Excelus
- 12th, 13th & 14th Floor
- Mumbai
- Maharashtra
- 400011
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 540777 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Nov 2017 |
| HDFCLIFE | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Nov 2017 |
Biography
HDFC Life Insurance Company Limited provides individual and group insurance solutions in India. The company offers various insurance plans and policies, including protection, health, children's, savings and investment, women's, retirement, rural and social, unit linked insurance, NRI, and group insurance plans, as well as insurance plans for armed forces personnel. It operates through a network of 412 branches. The company was formerly known as HDFC Standard Life Insurance Company Limited changed its name to HDFC Life Insurance Company Limited in January 2019. The company was founded in 2000 and is based in Mumbai, India. HDFC Life Insurance Company Limited is a subsidiary of Housing Development Finance Corporation Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 13:17 |
| End of Day Share Price | 2020/02/20 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.