Life Insurance Corporation of India Share Price

1,012.7019.41 (1.96%)
Volume: 34,32,527

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Last Updated On: 31 May, 2024, 03:59 PM IST

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EnglishEnglishहिन्दी ગુજરાતી मराठी বাংলা ಕನ್ನಡ தமிழ்తెలుగు
Rank 3 - ET 5002023 ranking

LIC share price insights

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Dividend Announcement
Company announced a dividend of Rs 6.0 per share on 27 May, 2024 with record date of 19 Jul, 2024.
Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 4.68% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
Buy Signal: Bulls inching ahead
14 day moving crossover appeared yesterday. Average price gain of 2.92% within 7 days of this signal in last 5 years.
Decrease in Cash from Investing
Company has used Rs 25400.02 cr for investing activities which is an YoY decrease of 53.37%. (Source: Consolidated Financials)
LIC Share Price Update
Life Insurance Corporation of India share price moved up by 1.96% from its previous close of Rs 993.30. Life Insurance Corporation of India stock last traded price is 1,012.70
Share Price Value
Today/Current/Last 1,012.701,012.70
Previous Day 993.30992.75

Share Price	Value
Today/Current/Last	1,012.701,012.70
Previous Day	993.30992.75

InsightsLIC

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Key Metrics

PE Ratio

(x)

15.35

EPS - TTM

(₹)

64.69

MCap

(₹ Cr.)

6,28,262

Sectoral MCap Rank

PB Ratio

(x)

7.58

Div Yield

(%)

1.01

Face Value

(₹)

10.00

Beta

VWAP

(₹)

1,008.06

52W H/L

(₹)

1,175.00 / 593.00

LIC Share Price Returns

1 Day	1.96%
1 Week	-1.66%
1 Month	3.52%
3 Months	-0.99%
1 Year	70.16%
3 Years	N.A.
5 Years	N.A.

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LIC News & Analysis

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LIC Share Analysis

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LIC Share Recommendations

Recent Recos

BUY

Current

Mean Recos by 17 Analysts

Strong
SellSellHoldBuyStrong
Buy

Target₹1270
OrganizationMotilal Oswal Financial Services
BUY

Target₹790
OrganizationMotilal Oswal Financial Services
BUY

Analyst Trends

Ratings	Current	1 Week Ago	1 Month Ago	3 Months Ago
Strong Buy	10	9	9	8
Buy	3	3	3	3
Hold	2	3	3	4
Sell	2	2	2	2
Strong Sell	-	-	-	-
# Analysts	17	17	17	17

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LIC Financials

Income (P&L)
Balance Sheet
Cash Flow
Ratios

Insights

Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 4.68% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)

Quarterly \| Annual	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023
Total Income	2,52,965.31	2,14,260.14	2,02,394.91	1,89,604.30	2,00,927.81
Total Income Growth (%)	18.06	5.86	6.75	-5.64	1.49
Total Expenses	2,37,113.49	2,03,302.71	1,93,230.94	1,82,316.77	1,95,686.54
Total Expenses Growth (%)	16.63	5.21	5.99	-6.83	3.94
EBIT	15,851.82	10,957.43	9,163.96	7,287.53	5,241.28
EBIT Growth (%)	44.67	19.57	25.75	39.04	-46.09
Profit after Tax (PAT)	13,781.59	9,468.99	8,030.28	9,634.98	13,190.79
PAT Growth (%)	45.54	17.92	-16.65	-26.96	107.77
EBIT Margin (%)	6.27	5.11	4.53	3.84	2.61
Net Profit Margin (%)	5.45	4.42	3.97	5.08	6.56
Basic EPS (₹)	21.79	14.97	12.70	15.23	20.86

Quarterly \| Annual	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023
Total Income	2,52,047.27	2,13,507.99	2,02,221.00	1,89,375.60	2,00,662.40
Total Income Growth (%)	18.05	5.58	6.78	-5.62	1.77
Total Expenses	2,36,255.86	2,02,644.63	1,93,095.89	1,81,258.08	1,93,199.73
Total Expenses Growth (%)	16.59	4.95	6.53	-6.18	3.57
EBIT	15,791.41	10,863.35	9,125.11	8,117.52	7,462.67
EBIT Growth (%)	45.36	19.05	12.41	8.78	-29.76
Profit after Tax (PAT)	13,762.64	9,444.42	7,925.02	9,543.71	13,427.81
PAT Growth (%)	45.72	19.17	-16.96	-28.93	111.99
EBIT Margin (%)	6.27	5.09	4.51	4.29	3.72
Net Profit Margin (%)	5.46	4.42	3.92	5.04	6.69
Basic EPS (₹)	21.76	14.93	12.53	15.09	21.23

Quarterly \| Annual	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	8,60,826.95	7,92,427.15	7,24,742.92	7,03,732.43	6,45,605.47
Total Revenue Growth (%)	8.63	9.34	2.99	9.00	13.10
Total Expenses	8,16,470.98	7,49,232.25	7,19,091.56	6,90,679.20	6,39,016.55
Total Expenses Growth (%)	8.97	4.19	4.11	8.08	12.94
Profit after Tax (PAT)	40,915.85	35,996.65	4,124.71	2,974.14	2,710.48
PAT Growth (%)	13.67	772.71	38.69	9.73	3.16
Operating Profit Margin (%)	5.24	5.51	0.79	1.90	3.17
Net Profit Margin (%)	4.83	4.58	0.56	0.43	0.43
Basic EPS (₹)	64.69	56.91	6.52	4.70	4.29

Quarterly \| Annual	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	8,57,356.49	7,89,203.40	7,21,303.80	6,82,227.98	6,15,912.27
Total Revenue Growth (%)	8.64	9.41	5.73	10.77	9.82
Total Expenses	8,13,459.09	7,45,691.22	7,07,527.36	6,71,330.32	6,13,191.52
Total Expenses Growth (%)	9.09	5.39	5.39	9.48	9.87
Profit after Tax (PAT)	40,675.79	36,397.39	4,043.12	2,900.57	2,712.71
PAT Growth (%)	11.75	800.23	39.39	6.93	0.90
Operating Profit Margin (%)	5.20	5.57	1.92	1.61	0.45
Net Profit Margin (%)	4.82	4.65	0.56	0.42	0.44
Basic EPS (₹)	64.31	57.55	6.39	4.59	271.27

All figures in Rs Cr, unless mentioned otherwise

View Details

Annual	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Assets	53,16,047.12	45,78,491.35	42,54,057.78	38,29,524.21	34,99,834.08
Total Assets Growth (%)	16.11	7.63	11.09	9.42	2.12
Total Liabilities	52,33,147.52	45,32,141.39	42,42,600.26	38,22,540.96	34,98,735.97
Total Liabilities Growth (%)	15.47	6.82	10.99	9.25	2.11
Total Equity	82,899.60	46,349.97	11,457.51	6,983.24	1,098.11
Total Equity Growth (%)	78.86	304.54	64.07	535.93	22.36
Current Ratio (x)	3.09	3.32	2.78	2.23	3.00
Total Debt to Equity (x)	0.00	0.00	0.00	0.00	253.45
Contingent Liabilities	0.00	15,448.31	21,696.30	27,590.46	23,107.30

Annual	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Assets	52,85,532.74	45,50,512.20	42,30,589.77	38,11,755.68	32,03,500.02
Total Assets Growth (%)	16.15	7.56	10.99	18.99	2.95
Total Liabilities	52,03,594.58	45,04,842.81	42,20,180.63	38,05,394.99	32,02,760.49
Total Liabilities Growth (%)	15.51	6.75	10.90	18.82	2.95
Total Equity	81,938.16	45,669.40	10,409.14	6,360.69	739.53
Total Equity Growth (%)	79.42	338.74	63.65	760.10	8.97
Current Ratio (x)	2.92	3.14	2.68	2.16	2.17
Total Debt to Equity (x)	0.00	0.00	0.00	0.00	0.00
Contingent Liabilities	0.00	15,448.31	21,696.30	27,590.45	23,107.30

All figures in Rs Cr, unless mentioned otherwise

View Details

Insights

Cash from Operations vs PAT
Operating cash flow of Rs 26121.65 cr is 0.64 times compared to the reported net profit of Rs 40915.85 cr. (Source: Consolidated Financials)
Decrease in Cash from Investing
Company has used Rs 25400.02 cr for investing activities which is an YoY decrease of 53.37%. (Source: Consolidated Financials)

Annual	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash flow from Operating Activities	26,121.65	54,518.51	-3,782.54	80,602.04	54,366.92
Net Cash used in Investing Activities	-25,400.02	-54,471.53	12,098.80	1,48,792.31	-41,809.09
Net Cash flow from Financing Activities	-4,427.20	-948.59	-	-256,125.47	-18,663.74
Net Cash Flow	-3,574.31	722.09	8,748.37	-27,076.66	-4,711.62
Closing Cash & Cash Equivalent	42,013.83	45,588.14	44,866.05	36,117.68	63,194.34
Closing Cash & Cash Equivalent Growth (%)	-7.84	1.61	24.22	-42.85	-6.94
Total Debt/ CFO (x)	0.00	0.00	0.00	0.00	4.66

Annual	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash flow from Operating Activities	28,484.36	59,718.01	-3,135.49	55,723.07	74,768.69
Net Cash used in Investing Activities	-27,702.65	-58,196.10	10,485.93	-54,185.87	-85,762.59
Net Cash flow from Financing Activities	-4,427.20	-948.59	-	-	-2,608.25
Net Cash Flow	-3,733.58	870.11	7,241.03	1,710.25	-13,561.59
Closing Cash & Cash Equivalent	34,711.53	38,445.11	37,574.99	30,333.96	28,623.71
Closing Cash & Cash Equivalent Growth (%)	-9.71	2.32	23.87	5.97	-32.15
Total Debt/ CFO (x)	0.00	0.00	0.00	0.00	0.00

All figures in Rs Cr, unless mentioned otherwise

View Details

Annual	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Return on Equity (%)	49.44	77.86	36.38	43.21	271.08
Return on Capital Employed (%)	0.84	0.95	0.13	0.35	0.58
Return on Assets (%)	0.76	0.78	0.09	0.07	0.07
Interest Coverage Ratio (x)	0.00	564.85	71.21	119.55	1.53
Asset Turnover Ratio (x)	0.17	0.18	0.18	0.19	0.18
Price to Earnings (x)	14.14	9.40	-	-	-
Price to Book (x)	6.99	7.31	-	-	-
EV/EBITDA (x)	12.10	6.69	-	-	-
EBITDA Margin (%)	5.24	5.57	0.85	1.96	3.24

Annual	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Return on Equity (%)	49.64	79.69	38.84	45.60	366.81
Return on Capital Employed (%)	0.84	0.97	0.33	0.29	0.08
Return on Assets (%)	0.76	0.79	0.09	0.07	0.08
Interest Coverage Ratio (x)	0.00	579.72	167.58	101.55	54.82
Asset Turnover Ratio (x)	0.17	0.18	0.18	0.19	0.19
Price to Earnings (x)	14.22	9.29	-	-	-
Price to Book (x)	7.06	7.40	-	-	-
EV/EBITDA (x)	12.39	6.81	-	-	-
EBITDA Margin (%)	5.20	5.63	1.98	1.67	0.51

Financial InsightsLIC

Income (P&L)
Cash Flow

- Employee & Interest Expense
  Company has spent less than 1% of its operating revenues towards interest expenses and 4.68% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
- Cash from Operations vs PAT
  Operating cash flow of Rs 26121.65 cr is 0.64 times compared to the reported net profit of Rs 40915.85 cr. (Source: Consolidated Financials)
- Decrease in Cash from Investing
  Company has used Rs 25400.02 cr for investing activities which is an YoY decrease of 53.37%. (Source: Consolidated Financials)

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LIC Share Price Forecast

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REVENUE
EARNINGS

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High, low, medium predictions for Price
Upcoming predictions for Revenue
Details about company earnings
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High, low, medium predictions for Price
Upcoming predictions for Revenue
Details about company earnings
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Peer Comparison

LIC Stock Performance
Ratio Performance

CHART
TABLE

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NAME	1D	1W	1M	3M	1Y	3Y	5Y
LIC Stock Performance	1.96	-1.66	3.52	-0.99	70.16	0.00	0.00
SBI Life Stock Performance	0.47	-3.47	-3.49	-10.70	12.26	42.10	99.70
HDFC Life Stock Performance	-0.17	-2.70	-5.79	-5.52	-7.17	-17.43	24.50
ICICI Pru Life Stock Performance	-0.64	-5.88	-4.79	2.40	17.05	-1.59	40.67
Max Financial Stock Performance	-0.93	-4.72	-9.17	-5.32	29.95	-1.60	103.99
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Ratio Performance

NAME	P/E (x)	P/B (x)	ROE %	ROCE %	ROA %	Rev CAGR [3Yr]	OPM	NPM	Basic EPS	Current Ratio	Total Debt/ Equity (x)	Total Debt/ CFO (x)
LIC	15.35	7.58	49.44	0.84	0.76	6.88	5.24	4.35	64.69	3.09	0.00	0.00
SBI Life	72.98	9.27	12.70	0.57	0.47	17.13	1.72	1.43	18.92	2.13	0.00	0.00
HDFC Life	75.26	8.08	10.73	0.32	0.52	12.22	0.93	1.55	7.32	0.91	0.06	0.09
ICICI Pru Life	92.97	7.19	7.73	0.21	0.28	2.45	0.71	0.94	5.90	1.24	0.11	-0.16
Max Financial	94.04	7.32	8.79	8.72	0.20	14.06	0.98	0.84	9.85	1.02	0.00	0.00
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Annual Ratios (%)

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Peers InsightsLIC

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LIC Shareholding Pattern

QOQ Change
Total Shareholdings

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Showing LIC Shareholding as on 31 Mar 2024
Category 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Promoters 96.50 96.50 96.50 96.50
Pledge 0.00 0.00 0.00 0.00
FII 0.13 0.06 0.09 0.08
DII 0.79 0.89 0.72 0.71
Mutual Funds 0.68 0.79 0.59 0.57
Others 2.57 2.54 2.68 2.71
Showing Shareholding as on 31 Mar 2024
Category No. of Shares Percentage % Change QoQ
Promoters 6,10,36,22,781 96.50 % 0.00
Pledge 0 0.00 % 0.00
FII 91,73,501 0.13 % 0.07
DII 5,08,16,143 0.79 % -0.09
MF 4,32,80,825 0.68 % -0.10
Others 16,13,85,276 2.57 % 0.03

Category	31 Mar 2024	31 Dec 2023	30 Sep 2023	30 Jun 2023
Promoters	96.50	96.50	96.50	96.50
Pledge	0.00	0.00	0.00	0.00
FII	0.13	0.06	0.09	0.08
DII	0.79	0.89	0.72	0.71
Mutual Funds	0.68	0.79	0.59	0.57
Others	2.57	2.54	2.68	2.71

Category	No. of Shares	Percentage	% Change QoQ
Promoters	6,10,36,22,781	96.50 %	0.00
Pledge	0	0.00 %	0.00
FII	91,73,501	0.13 %	0.07
DII	5,08,16,143	0.79 %	-0.09
MF	4,32,80,825	0.68 %	-0.10
Others	16,13,85,276	2.57 %	0.03

MF Ownership

MF Ownership details are not available.

Corporate Actions

LIC Board Meeting/AGM
LIC Dividends
Others

Meeting Date	Announced on	Purpose	Details
May 27, 2024	May 16, 2024	Board Meeting	Audited Results & Final Dividend
Feb 08, 2024	Feb 05, 2024	Board Meeting	Quarterly Results & Interim Dividend
Nov 10, 2023	Oct 26, 2023	Board Meeting	Quarterly Results
Aug 22, 2023	Jul 21, 2023	AGM	-
Aug 10, 2023	Aug 02, 2023	Board Meeting	Quarterly Results

Type Dividend Dividend per Share Ex-Dividend Date Announced on
Final 60% 6.0 Jul 19, 2024 May 27, 2024
Interim 40% 4.0 Feb 21, 2024 Feb 08, 2024
Final 30% 3.0 Jul 21, 2023 May 26, 2023
Final 15% 1.5 Aug 25, 2022 May 31, 2022
No other corporate actions details are available.

Type	Dividend	Dividend per Share	Ex-Dividend Date	Announced on
Final	60%	6.0	Jul 19, 2024	May 27, 2024
Interim	40%	4.0	Feb 21, 2024	Feb 08, 2024
Final	30%	3.0	Jul 21, 2023	May 26, 2023
Final	15%	1.5	Aug 25, 2022	May 31, 2022

About LIC

Life Insurance Corporation of India, incorporated in the year 1956, is a Small Cap company (having a market cap of Rs 628,262.02 Crore) operating in Financial Services sector. Life Insurance Corporation of India key Products/Revenue Segments include Amount transferred from Policyholder Account, Interest, Dividend & Rent, Profit/Loss on Sale/Redemption of Investments and Other Operating Revenue for the year ending 31-Mar-2022. Show More

Executives
Auditors

SM
Siddhartha Mohanty
Chairman & Wholetime Director
MJ
M Jagannath
Managing Director
MI
Mini Ipe
Managing Director
SP
Sat Pal Bhanoo
Managing Director
TP
Tablesh Pandey
Managing Director
MP
Maruthi Prasad Tangirala
Government Nominee Director
AK
Anil Kumar
Independent Director
AC
Anjuly Chib Duggal
Independent Director
GM
Gurumoorthy Mahalingam
Independent Director
MP
M P Vijay Kumar
Independent Director
RK
Raj Kamal
Independent Director
RS
Ranjan Sharma
Independent Director
SN
Sanjeev Nautiyal
Independent Director
VS
V S Parthasarthy
Independent Director
VK
Vinod Kumar Verma
Independent Director
SA
Sunil Agrawal
Chief Financial Officer
PA
Pawan Agrawal
Co. Secretary & Compl. Officer
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ABM & Associates LLP
Todi Tulsyan & Co.
Rama K Gupta & Co.
Batliboi & Purohit

Industry

Insurance - Life

Key Indices Listed on

Nifty Next 50, Nifty 100, Nifty 200, + 19 more

Address

Yogakshema,Jeevan Bima Marg,Mumbai, Maharashtra - 400021

Contact

[email protected]

http://www.licindia.in

More Details

FAQs about LIC share

1. What's the LIC share price today?
As on 31 May, 2024, 03:59 PM IST LIC share price was up by 1.96% basis the previous closing price of Rs 998.3. LIC share price was Rs 1,012.70. Return Performance of LIC Shares:
- 1 Week: LIC share price moved down by 1.66%
- 1 Month: LIC share price moved up by 3.52%
- 3 Month: LIC share price moved down by 0.99%
- 6 Month: LIC share price moved up by 49.04%
2. What is 52 week high/low of LIC share price?
In last 52 weeks LIC share had a high price of Rs 1,175.00 and low price of Rs 593.00
3. What is the market cap of LIC?
Within the Financial Services sector, LIC stock has a market cap rank of 1. LIC has a market cap of Rs 6,28,262 Cr.
4. What are the LIC quarterly results?
Total Revenue and Earning for LIC for the year ending 2024-03-31 was Rs 860826.95 Cr and Rs 40915.85 Cr on Consolidated basis. Last Quarter 2024-03-31, LIC reported an income of Rs 252965.31 Cr and profit of Rs 13781.59 Cr.
5. What dividend is LIC giving?
Life Insurance Corporation of India announced an equity dividend of 60% on a face value of 10.0 amounting to Rs 6 per share on 27 May 2024. The ex dividend date is 19 Jul 2024.
6. What are the returns for LIC share?
Return Performance of LIC Shares:
- 1 Week: LIC share price moved down by 1.66%
- 1 Month: LIC share price moved up by 3.52%
- 3 Month: LIC share price moved down by 0.99%
- 6 Month: LIC share price moved up by 49.04%
7. What are the key metrics to analyse LIC Share Price?
LIC share can be quickly analyzed on following metrics:
- Stock's PE is 15.35
- Price to Book Ratio of 7.58
8. Who's the owner of LIC?
Promoter,DII and FII owns 96.5, 0.89 and 0.06 shares of LIC as on 31 Mar 2024
- There is no change in promoter holding from 31 Dec 2023 to 31 Mar 2024
- Domestic Institutional Investors holding have gone down from 0.89 (31 Dec 2023) to 0.79 (31 Mar 2024)
- Foreign Institutional Investors holding has gone up from 0.06 (31 Dec 2023) to 0.13 (31 Mar 2024)
- Other investor holding has gone up from 2.54 (31 Dec 2023) to 2.57 (31 Mar 2024)
9. Who is the chairman of LIC?
Siddhartha Mohanty is the Chairman & Wholetime Director of LIC
10. What is the CAGR of LIC?
The CAGR of LIC is 5.19.
11. Which are the key peers to LIC?
Within Financial Services sector LIC, SBI Life Insurance Company Ltd., HDFC Life Insurance Company Ltd., ICICI Prudential Life Insurance Company Ltd. and Max Financial Services Ltd. are usually compared together by investors for analysis.
12. What is the PE & PB ratio of LIC?
The PE ratio of LIC stands at 15.35, while the PB ratio is 7.58.

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1 Day	2.0%
1 Week	-1.66%
1 Month	3.54%
3 Months	-1.03%
1 Year	70.23%
3 Years	N.A.
5 Years	N.A.

Life Insurance Corporation of India Share Price