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SBI Life Insurance

NSEI:SBILIFE
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SBILIFE
NSEI
₹616B
Market Cap
  1. Home
  2. IN
  3. Insurance
Company description

SBI Life Insurance Company Limited operates as a private life insurance company in India. The last earnings update was 91 days ago. More info.


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SBILIFE Share Price and Events
7 Day Returns
-1.6%
NSEI:SBILIFE
1.1%
IN Insurance
1.1%
IN Market
1 Year Returns
-14.1%
NSEI:SBILIFE
-5.6%
IN Insurance
-0.9%
IN Market
SBILIFE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SBI Life Insurance (SBILIFE) -1.6% 0.3% -0.9% -14.1% - -
IN Insurance 1.1% 6.5% 9.5% -5.6% 64.2% 89.1%
IN Market 1.1% 1.8% 5.7% -0.9% 41% 72.2%
1 Year Return vs Industry and Market
  • SBILIFE underperformed the Insurance industry which returned -5.6% over the past year.
  • SBILIFE underperformed the Market in India which returned -0.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

SBILIFE Value

 Is SBI Life Insurance undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of SBI Life Insurance to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for SBI Life Insurance.

NSEI:SBILIFE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 15 analysts.
= Stable Book Value * Return on Equity
= ₹95.04 * 17.9%
₹17.03
Book Value of Equity per Share Weighted future Book Value estimates from 14 analysts. ₹95.04
Discount Rate (Cost of Equity) See below 14.6%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:SBILIFE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Insurance Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.725 (1 + (1- 35%) (0%))
0.816
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.82
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.816 * 8.6%)
14.56%

Discounted Cash Flow Calculation for NSEI:SBILIFE using Excess Returns Model Model

The calculations below outline how an intrinsic value for SBI Life Insurance is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NSEI:SBILIFE Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (17.9% – 14.56%) * ₹95.04)
₹3.19
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ₹3.19 / (14.56% - 7.55%)
₹45.43
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ₹95.04 + ₹45.43
₹140.47
NSEI:SBILIFE Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:SBILIFE represents 0.99886x of BSE:540719
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99886x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 140.47 x 0.99886
₹140.31
Value per share (INR) From above. ₹140.31
Current discount Discount to share price of ₹614.90
= -1 x (₹614.90 - ₹140.31) / ₹140.31
-338.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of SBI Life Insurance is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SBI Life Insurance's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SBI Life Insurance's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:SBILIFE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹12.50
BSE:540719 Share Price ** BSE (2019-04-18) in INR ₹615.6
India Insurance Industry PE Ratio Median Figure of 9 Publicly-Listed Insurance Companies 38.75x
India Market PE Ratio Median Figure of 2,736 Publicly-Listed Companies 16.34x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SBI Life Insurance.

NSEI:SBILIFE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:540719 Share Price ÷ EPS (both in INR)

= 615.6 ÷ 12.50

49.23x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SBI Life Insurance is overvalued based on earnings compared to the IN Insurance industry average.
  • SBI Life Insurance is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does SBI Life Insurance's expected growth come at a high price?
Raw Data
NSEI:SBILIFE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 49.23x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
14.1%per year
India Insurance Industry PEG Ratio Median Figure of 8 Publicly-Listed Insurance Companies 2.65x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

NSEI:SBILIFE PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 49.23x ÷ 14.1%

3.49x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SBI Life Insurance is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on SBI Life Insurance's assets?
Raw Data
NSEI:SBILIFE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹73.33
BSE:540719 Share Price * BSE (2019-04-18) in INR ₹615.6
India Insurance Industry PB Ratio Median Figure of 9 Publicly-Listed Insurance Companies 5.6x
India Market PB Ratio Median Figure of 3,627 Publicly-Listed Companies 1.11x
NSEI:SBILIFE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:540719 Share Price ÷ Book Value per Share (both in INR)

= 615.6 ÷ 73.33

8.39x

* Primary Listing of SBI Life Insurance.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SBI Life Insurance is overvalued based on assets compared to the IN Insurance industry average.
X
Value checks
We assess SBI Life Insurance's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check)
  5. SBI Life Insurance has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SBILIFE Future Performance

 How is SBI Life Insurance expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SBI Life Insurance expected to grow at an attractive rate?
  • SBI Life Insurance's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • SBI Life Insurance's earnings growth is positive but not above the India market average.
  • SBI Life Insurance's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:SBILIFE Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:SBILIFE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts 14.1%
NSEI:SBILIFE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts 22.4%
India Insurance Industry Earnings Growth Rate Market Cap Weighted Average 17.1%
India Insurance Industry Revenue Growth Rate Market Cap Weighted Average 15.5%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:SBILIFE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:SBILIFE Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31
2021-03-31 644,641 17,702 4
2020-03-31 520,191 15,379 5
2019-03-31 421,455 13,595 6
NSEI:SBILIFE Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 390,099 12,503
2018-09-30 365,325 12,163
2018-06-30 346,169 11,913
2018-03-31 341,131 103,937 11,504
2017-12-31 348,171 8,498
2017-09-30 311,689 8,531
2017-06-30 311,806 10,377
2017-03-31 306,080 85,251 9,547
2016-12-31 272,209 39,619
2016-09-30 260,369 9,530
2016-06-30 222,462 7,985
2016-03-31 193,473 57,779 8,370

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SBI Life Insurance's earnings are expected to grow by 14.1% yearly, however this is not considered high growth (20% yearly).
  • SBI Life Insurance's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:SBILIFE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from SBI Life Insurance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:SBILIFE Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31
2021-03-31 17.68 19.57 15.01 15.00
2020-03-31 15.26 18.03 13.20 17.00
2019-03-31 13.42 16.30 12.30 15.00
NSEI:SBILIFE Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 12.50
2018-09-30 12.16
2018-06-30 11.90
2018-03-31 11.50
2017-12-31 8.49
2017-09-30 8.51
2017-06-30 10.38
2017-03-31 9.55
2016-12-31 39.62
2016-09-30 9.53
2016-06-30 7.98
2016-03-31 8.37

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • SBI Life Insurance is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess SBI Life Insurance's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SBI Life Insurance has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SBILIFE Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SBI Life Insurance's growth in the last year to its industry (Insurance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • SBI Life Insurance's year on year earnings growth rate has been positive over the past 5 years.
  • SBI Life Insurance's 1-year earnings growth exceeds its 5-year average (47.1% vs 14.3%)
  • SBI Life Insurance's earnings growth has exceeded the IN Insurance industry average in the past year (47.1% vs 23%).
Earnings and Revenue History
SBI Life Insurance's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SBI Life Insurance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:SBILIFE Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 390,099.50 12,503.25 18,560.54
2018-09-30 365,324.58 12,163.20 17,895.88
2018-06-30 346,168.70 11,912.62 16,864.81
2018-03-31 341,131.30 11,503.92 16,178.31
2017-12-31 348,171.30 8,498.03 15,711.20
2017-09-30 311,689.23 8,531.21 15,677.77
2017-06-30 311,805.77 10,376.91 14,442.26
2017-03-31 306,079.80 9,546.53 15,676.26
2016-12-31 272,208.62 39,618.83 15,626.67
2016-09-30 260,369.38 9,530.46 15,442.47
2016-06-30 222,462.39 7,984.84 14,567.57
2016-03-31 193,472.68 8,370.08 13,851.92
2015-12-31 191,314.00 -20,884.30 12,821.93
2015-09-30 200,395.24 7,958.86 12,096.37
2015-06-30 206,586.72 7,760.83 11,566.65
2015-03-31 233,325.60 8,102.71 11,202.30
2014-12-31 224,946.28 8,206.89 10,978.78
2014-09-30 222,634.78 8,002.01 10,717.72
2014-06-30 199,611.50 7,880.77 10,756.78
2014-03-31 172,811.55 7,164.10 10,411.30
2013-12-31 146,335.40 6,272.17 10,440.22
2013-09-30 133,364.68 6,586.55 10,130.96
2013-06-30 155,548.03 6,047.92 9,630.24
2013-03-31 148,719.18 6,238.35 9,563.63
2012-12-31 192,164.39 -5,876.81 9,112.50
2012-09-30 172,456.48 1,775.52 9,012.15
2012-06-30 141,834.41 6,186.50 8,906.23

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • SBI Life Insurance has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SBI Life Insurance used its assets less efficiently than the IN Insurance industry average last year based on Return on Assets.
  • SBI Life Insurance has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess SBI Life Insurance's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SBI Life Insurance has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SBILIFE Health

 How is SBI Life Insurance's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up SBI Life Insurance's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SBI Life Insurance is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SBI Life Insurance's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of SBI Life Insurance's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • SBI Life Insurance has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SBI Life Insurance Company Filings, last reported 3 months ago.

NSEI:SBILIFE Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 73,330.15 0.00 27,598.16
2018-09-30 70,905.00 0.00 19,838.50
2018-06-30 68,234.70 0.00 17,421.90
2018-03-31 65,278.18 0.00 29,276.59
2017-12-31 64,350.90 0.00 25,201.50
2017-09-30 61,823.21 0.00 20,612.56
2017-06-30 58,787.97 0.00 29,378.41
2017-03-31 55,520.79 0.00 26,652.77
2016-12-31 53,376.77 0.00 26,118.25
2016-09-30 51,713.30 0.00 23,421.39
2016-06-30 49,640.25 0.00 25,505.70
2016-03-31 47,331.01 0.00 28,506.03
2015-12-31
2015-09-30 44,365.46 0.00 22,960.79
2015-06-30 40,394.09 0.00 26,647.91
2015-03-31 40,563.40 0.00 26,647.91
2014-12-31 39,801.75 0.00 25,596.87
2014-09-30 38,181.97 0.00 22,072.97
2014-06-30 35,874.71 0.00 22,293.75
2014-03-31 33,563.21 0.00 26,811.89
2013-12-31 32,512.81 0.00 22,198.61
2013-09-30 31,301.58 0.00 21,157.30
2013-06-30 29,222.92 0.00 20,660.35
2013-03-31 27,364.19 0.00 22,899.62
2012-12-31 25,943.62 0.00 18,990.84
2012-09-30 24,829.49 0.00 18,539.43
2012-06-30 23,109.18 0.00 17,325.24
  • SBI Life Insurance has no debt.
  • SBI Life Insurance has not taken on any debt in the past 5 years.
  • SBI Life Insurance has no debt, it does not need to be covered by operating cash flow.
  • SBI Life Insurance has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess SBI Life Insurance's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SBI Life Insurance has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SBILIFE Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.32%
Current annual income from SBI Life Insurance dividends. Estimated to be 0.54% next year.
If you bought ₹2,000 of SBI Life Insurance shares you are expected to receive ₹6 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • SBI Life Insurance's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • SBI Life Insurance's dividend is below the markets top 25% of dividend payers in India (1.94%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:SBILIFE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
India Insurance Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 0.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:SBILIFE Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 4.20 1.00
2021-03-31 3.61 13.00
2020-03-31 3.00 15.00
2019-03-31 2.53 14.00
NSEI:SBILIFE Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-01-18 2.000 0.335
2018-09-04 2.000 0.342
2018-04-26 2.000 0.295
2018-01-30 2.000 0.291
2017-10-03 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether SBI Life Insurance has stable dividend payments.
  • SBI Life Insurance only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of SBI Life Insurance's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.3x coverage).
X
Income/ dividend checks
We assess SBI Life Insurance's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SBI Life Insurance afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SBI Life Insurance has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SBILIFE Management

 What is the CEO of SBI Life Insurance's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sanjeev Nautiyal
COMPENSATION ₹4,036,033
AGE 57
TENURE AS CEO 1.1 years
CEO Bio

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

CEO Compensation
  • Insufficient data for Sanjeev to compare compensation growth.
  • Sanjeev's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the SBI Life Insurance management team in years:

1.7
Average Tenure
51
Average Age
  • The average tenure for the SBI Life Insurance management team is less than 2 years, this suggests a new team.
Management Team

Sanjeev Nautiyal

TITLE
MD, CEO & Director
COMPENSATION
₹4M
AGE
57
TENURE
1.1 yrs

Sangramjit Sarangi

TITLE
CFO & Investor Relations
COMPENSATION
₹14M
AGE
44

Anand Pejawar

TITLE
President of Operations
AGE
53

Gopikrishna Shenoy

TITLE
Chief Investments Officer
AGE
51
TENURE
1.9 yrs

Pranay Raniwala

TITLE
Compliance Officer
AGE
35
TENURE
2.5 yrs

Ravindra Sharma

TITLE
SVP and Chief of Brand & Corporate Communications
COMPENSATION
₹3M
AGE
44

Manjula Kalyanasundaram

TITLE
EVP and Chief of HR & Management Services
TENURE
1.5 yrs

Sanjeev Pujari

TITLE
President of Actuarial & Risk Management and Chief Risk Officer
AGE
57

Ravi Krishnamurthy

TITLE
President of Marketing - Zone I
AGE
54

M. Anand

TITLE
President of Marketing - Zone II
AGE
51
Board of Directors Tenure

Average tenure and age of the SBI Life Insurance board of directors in years:

3.2
Average Tenure
57
Average Age
  • The tenure for the SBI Life Insurance board of directors is about average.
Board of Directors

Rajnish Kumar

TITLE
Chairman of the Board
AGE
60
TENURE
1.5 yrs

Sanjeev Nautiyal

TITLE
MD, CEO & Director
COMPENSATION
₹4M
AGE
57
TENURE
1.1 yrs

Ravi Rambabu

TITLE
Independent Director
COMPENSATION
₹1M
AGE
66
TENURE
6.8 yrs

Raj Bhardwaj

TITLE
Independent Director
COMPENSATION
₹1M
AGE
73
TENURE
6.3 yrs

Pierre de de Villeneuve

TITLE
Director
AGE
69
TENURE
5.2 yrs

Nilesh Vikamsey

TITLE
Independent Director
COMPENSATION
₹480K
AGE
54
TENURE
7 yrs

Dinesh Khara

TITLE
Director
AGE
57
TENURE
3.3 yrs

Joji Gill

TITLE
Independent Director
COMPENSATION
₹115K
AGE
53
TENURE
3.1 yrs

Deepak Amin

TITLE
Independent Director
COMPENSATION
₹390K
AGE
52
TENURE
1.8 yrs

Somasekhar Sundaresan

TITLE
Independent Director
COMPENSATION
₹205K
AGE
46
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess SBI Life Insurance's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SBI Life Insurance has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SBILIFE News

Simply Wall St News

Are You An Income Investor? Don't Miss Out On SBI Life Insurance Company Limited (NSE:SBILIFE)

Today we'll take a closer look at SBI Life Insurance Company Limited (NSE:SBILIFE) from a dividend investor's perspective. … SBI Life Insurance has only been paying a dividend for a year or so, so investors might be curious about its 0.3% yield. … There are a few simple ways to reduce the risks of buying SBI Life Insurance for its dividend, and we'll go through these below.

Simply Wall St -

SBI Life Insurance Company Limited (NSE:SBILIFE): Commentary On Fundamentals

SBI Life Insurance Company Limited (NSE:SBILIFE) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … is a company with great financial health as well as a.

Simply Wall St -

How To Take Advantage Of SBI Life Insurance Company Limited (NSE:SBILIFE) In A Bear Market

High quality stocks such as SBI Life Insurance Company Limited has fared well over time in a fickle stock market, which is why I want to bring it into light amongst all the chaos. … See our latest analysis for SBI Life Insurance. … SBI Life Insurance Company Limited operates as a private life insurance company in India

Simply Wall St -

Some SBI Life Insurance Shareholders Are Down 17%

One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During the unfortunate twelve months during which the SBI Life Insurance share price fell, it actually saw its earnings per share (EPS) improve by 13%. … Since we can't easily explain the share price movement based on these metrics, it might be worth considering how market sentiment has changed towards the stock

Simply Wall St -

Despite Its High P/E Ratio, Is SBI Life Insurance Company Limited (NSE:SBILIFE) Still Undervalued?

We'll look at SBI Life Insurance Company Limited's (NSE:SBILIFE) P/E ratio and reflect on what it tells us about the company's share price. … SBI Life Insurance has a price to earnings ratio of 49.22, based on the last twelve months. … How Do I Calculate SBI Life Insurance's Price To Earnings Ratio

Simply Wall St -

SBI Life Insurance Company Limited (NSE:SBILIFE) Has A ROE Of 17%

Our data shows SBI Life Insurance has a return on equity of 17% for the last year. … That means that for every ₹1 worth of shareholders' equity, it generated ₹0.17 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

SBI Life Insurance Company Limited (NSE:SBILIFE): Has Recent Earnings Growth Beaten Long-Term Trend?

Below, I will assess SBILIFE's latest performance announced on 30 June 2018 and weight these figures against its longer term trend and industry movements. … SBILIFE's trailing twelve-month earnings (from 30 June 2018) of ₹11.9b has? … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 16%, indicating the rate at which SBILIFE is growing has slowed down

Simply Wall St -

What Does SBI Life Insurance Company Limited's (NSE:SBILIFE) PE Ratio Tell You?

and want to learn about the link between company’s fundamentals and stock market performance. … While this makes SBILIFE appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio. … Check out our latest analysis for SBI Life Insurance

Simply Wall St -

Have Investors Priced In SBI Life Insurance Company Limited's (NSE:SBILIFE) Growth?

Looking at SBI Life Insurance Company Limited’s (NSE:SBILIFE) fundamentals some investors are wondering if its last closing price of ₹649.2 represents a good value for money for this high growth stock. … Let’s take a look at some key metrics to determine whether there's any value here for current and potential future investors. … SBI Life Insurance's extremely high growth potential in the near future is attracting investors

Simply Wall St -

Does SBI Life Insurance Company Limited's (NSE:SBILIFE) 20.53% Earnings Growth Reflect The Long-Term Trend?

In this article, I will take a look at SBI Life Insurance Company Limited's (NSE:SBILIFE) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … View out our latest analysis for SBI Life Insurance. … How SBILIFE fared against its long-term earnings performance and its industry

Simply Wall St -

SBILIFE Company Info

Description

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 incorporated in 2000 and is based in Mumbai, India. SBI Life Insurance Company Limited is a subsidiary of State Bank of India.

Details
Name: SBI Life Insurance Company Limited
SBILIFE
Exchange: NSEI
Founded: 2000
₹615,600,000,000
1,000,000,000
Website: http://www.sbilife.co.in
Address: SBI Life Insurance Company Limited
NATRAJ,
M.V. Road & Western Express Highway Junction,
Mumbai,
Maharashtra, 400069,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 540719 Equity Shares Mumbai Stock Exchange IN INR 28. Sep 2017
NSEI SBILIFE Equity Shares National Stock Exchange of India IN INR 28. Sep 2017
Number of employees
Current staff
Staff numbers
13,207
SBI Life Insurance employees.
Industry
Life and Health Insurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 13:00
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/18
Last earnings filing: 2019/01/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.