NSEI:SBILIFE

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Excellent balance sheet with proven track record.

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: SBILIFE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.1%

SBILIFE

7.7%

IN Insurance

6.2%

IN Market


1 Year Return

11.4%

SBILIFE

-10.9%

IN Insurance

-19.9%

IN Market

Return vs Industry: SBILIFE exceeded the Indian Insurance industry which returned -10.7% over the past year.

Return vs Market: SBILIFE exceeded the Indian Market which returned -20.6% over the past year.


Shareholder returns

SBILIFEIndustryMarket
7 Day6.1%7.7%6.2%
30 Day6.6%0.2%-0.3%
90 Day-13.9%-18.5%-13.4%
1 Year11.4%11.4%-10.5%-10.9%-18.3%-19.9%
3 Yearn/a-3.1%-10.2%-8.2%-13.1%
5 Yearn/a-13.0%-21.9%16.4%5.5%

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?

54.45x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SBILIFE (₹774.8) is trading above our estimate of fair value (₹107.87)

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


Price To Earnings Ratio

PE vs Industry: SBILIFE is poor value based on its PE Ratio (54.5x) compared to the Insurance industry average (49.5x).

PE vs Market: SBILIFE is poor value based on its PE Ratio (54.5x) compared to the Indian market (10x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SBILIFE is overvalued based on its PB Ratio (8.9x) compared to the IN Insurance industry average (7x).


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?

20.2%

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?

16.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SBILIFE has high quality earnings.

Growing Profit Margin: SBILIFE's current net profit margins (3.3%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: SBILIFE's earnings have grown by 16.1% per year over the past 5 years.

Accelerating Growth: SBILIFE's earnings growth over the past year (7.2%) is below its 5-year average (16.1% per year).

Earnings vs Industry: SBILIFE earnings growth over the past year (7.2%) exceeded the Insurance industry 4.7%.


Return on Equity

High ROE: SBILIFE's Return on Equity (16.3%) is considered low.


Next Steps

Financial Health

How is SBI Life Insurance's financial position?


Financial Position Analysis

Short Term Liabilities: SBILIFE's short term assets (₹58.2B) exceed its short term liabilities (₹30.2B).

Long Term Liabilities: SBILIFE's short term assets (₹58.2B) do not cover its long term liabilities (₹1,538.1B).


Debt to Equity History and Analysis

Debt Level: SBILIFE is debt free.

Reducing Debt: SBILIFE has not had any debt for past 5 years.

Debt Coverage: SBILIFE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SBILIFE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SBILIFE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SBILIFE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SBILIFE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SBILIFE's dividend payments have been increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SBILIFE'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?

0.5yrs

Average management tenure


CEO

Mahesh Sharma

0.083

Tenure

Mr. Mahesh Kumar Sharma serves as Managing Director, Chief Executive Officer and Director at SBI Life Insurance Company Ltd. since May 9, 2020 and served as Deputy Chief Executive Officer since April 8, 20 ...


Leadership Team

NamePositionTenureCompensationOwnership
Sangramjit Sarangi
Presidentno data₹16.96m0.000080% 619.5k
Mahesh Sharma
CEO, MD & Director0.083yrno datano data
Anand Pejawar
President of Operationsno datano datano data
Gopikrishna Shenoy
Chief Investments Officer3.08yrsno datano data
Vinod Koyande
Chief Compliance Officer & Company Secretary0.92yrno datano data
Ravindra Sharma
SVP and Chief of Brand & Corporate Communicationsno data₹2.96mno data
Seema Trikannad
EVP and Chief of HR & Management Services0.083yrno datano data
Sanjeev Pujari
President of Actuarial & Risk Management and Chief Risk Officerno datano data0.00091% 7.0m
Ravi Krishnamurthy
President of Marketing - Zone Ino datano datano data
M. Anand
President of Marketing - Zone IIno datano datano data

0.5yrs

Average Tenure

52yo

Average Age

Experienced Management: SBILIFE's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mahesh Sharma
CEO, MD & Director0.083yrno datano data
Raj Bhardwaj
Independent Director7.42yrs₹1.48mno data
Nilesh Vikamsey
Independent Director8.17yrs₹940.00kno data
Rajnish Kumar
Chairman of the Board2.67yrsno datano data
Deepak Amin
Independent Director2.92yrs₹310.00kno data
Joji Gill
Independent Director4.25yrs₹335.00kno data
Dinesh Khara
Non-Executive Director4.42yrsno datano data
Ravi Rambabu
Independent Director7.92yrs₹1.33mno data

4.3yrs

Average Tenure

58yo

Average Age

Experienced Board: SBILIFE's board of directors are considered experienced (4.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SBILIFE 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: SBILIFE
  • Exchange: NSEI
  • Founded: 2000
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: ₹774.373b
  • 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 Analysis2020/06/01 13:40
End of Day Share Price2020/06/01 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.