Life Insurance Corporation of India Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Shareholders of Life Insurance Corporation of India (NSE:LICI) will be pleased this week, given that the stock price is up 12% to ₹944 following its latest yearly results. Revenues were ₹8.9t, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of ₹76.40 were also better than expected, beating analyst predictions by 13%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Life Insurance Corporation of India after the latest results.

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.

Taking into account the latest results, the consensus forecast from Life Insurance Corporation of India's eleven analysts is for revenues of ₹9.51t in 2026. This reflects a credible 6.8% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to dip 8.6% to ₹80.35 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹9.75t and earnings per share (EPS) of ₹79.30 in 2026. So it looks like the analysts have become a bit less optimistic after the latest results announcement, with revenues expected to fall even as the company is supposed to maintain EPS.

See our latest analysis for Life Insurance Corporation of India

The consensus has reconfirmed its price target of ₹1,065, showing that the analysts don't expect weaker revenue expectations next year to have a material impact on Life Insurance Corporation of India's market value. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Life Insurance Corporation of India, with the most bullish analyst valuing it at ₹1,300 and the most bearish at ₹825 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Life Insurance Corporation of India shareholders.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 6.8% growth on an annualised basis. That is in line with its 6.5% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 8.9% per year. So although Life Insurance Corporation of India is expected to maintain its revenue growth rate, it's forecast to grow slower than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Life Insurance Corporation of India. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Life Insurance Corporation of India analysts - going out to 2028, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 3 warning signs for Life Insurance Corporation of India you should be aware of, and 2 of them are a bit unpleasant.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.