Financials HDFC Life Insurance Company Limited Bombay S.E.

Equities

HDFCLIFE

INE795G01014

Life & Health Insurance

Delayed Bombay S.E. 01:30:47 2024-07-12 am EDT 5-day change 1st Jan Change
633.9 INR -0.05% Intraday chart for HDFC Life Insurance Company Limited +4.36% -2.02%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 890,937 1,406,981 1,137,012 1,072,979 1,362,300 1,364,259 - -
Enterprise Value (EV) 1 890,937 1,406,981 1,137,012 1,070,793 1,362,300 1,364,259 1,364,259 1,364,259
P/E ratio 68.7 x 103 x 83.1 x 77.9 x 86.6 x 72.4 x 61.5 x 53.3 x
Yield - 0.29% 0.32% 0.38% 0.32% 0.42% 0.47% 0.61%
Capitalization / Revenue 3.04 x 1.97 x 1.7 x 1.51 x 1.35 x 1.36 x 1.2 x 1.04 x
EV / Revenue 3.04 x 1.97 x 1.7 x 1.51 x 1.35 x 1.36 x 1.2 x 1.04 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 13.1 x 16.3 x 7.34 x 8.26 x 9.29 x 8.83 x 7.87 x 7 x
Nbr of stocks (in thousands) 2,018,662 2,020,944 2,112,619 2,149,396 2,150,944 2,150,979 - -
Reference price 2 441.4 696.2 538.2 499.2 633.4 634.2 634.2 634.2
Announcement Date 4/27/20 4/26/21 4/26/22 4/26/23 4/18/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 292,614 712,683 670,595 708,277 1,009,411 1,001,824 1,137,785 1,312,388
EBITDA - - - - - - - -
EBIT 1 13,139 13,543 13,028 12,822 15,697 27,104 30,892 35,911
Operating Margin 4.49% 1.9% 1.94% 1.81% 1.56% 2.71% 2.72% 2.74%
Earnings before Tax (EBT) 1 13,139 13,543 13,028 12,822 15,697 19,196 21,387 26,896
Net income 1 12,974 13,609 13,269 13,683 15,741 18,440 21,637 25,553
Net margin 4.43% 1.91% 1.98% 1.93% 1.56% 1.84% 1.9% 1.95%
EPS 2 6.420 6.730 6.480 6.410 7.310 8.758 10.32 11.90
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 2.020 1.700 1.900 2.000 2.694 2.994 3.900
Announcement Date 4/27/20 4/26/21 4/26/22 4/26/23 4/18/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales - - - - 144,022 214,705 232,126 230,178 - - - - - - -
EBITDA - - 3,575 - - - - - - - - - - - -
EBIT 1 - - - - 3,153 2,734 4,181 3,322 - 3,694 4,500 7,178 5,703 6,343 7,879
Operating Margin - - - - 2.19% 1.27% 1.8% 1.44% - - - - - - -
Earnings before Tax (EBT) - - 3,304 - - - - - - - - - - - -
Net income 1 2,753 - 3,288 3,290 3,159 - 4,167 3,782 7,949 3,675 4,116 4,826 - - -
Net margin - - - - 2.19% - 1.8% 1.64% - - - - - - -
EPS 1.360 2.470 1.560 1.550 1.480 - - - - - - - - - -
Dividend per Share - 1.700 - - - - - - - - - - - - -
Announcement Date 1/21/22 4/26/22 7/19/22 10/21/22 1/20/23 4/26/23 7/21/23 10/13/23 10/13/23 1/12/24 4/18/24 - - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt - - - - - - - -
Net Cash position - - - 2,185 - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 20.8% 17.6% 10.9% 9.57% 11.4% 12.1% 12.7% 13.8%
ROA (Net income/ Total Assets) 0.99% 0.87% 0.65% 0.57% 0.57% 0.6% 0.6% -
Assets 1 1,311,218 1,559,325 2,050,896 2,392,935 2,751,888 3,073,310 3,606,238 -
Book Value Per Share 2 33.70 42.80 73.30 60.40 68.20 71.80 80.60 90.70
Cash Flow per Share - 11.20 - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 4/27/20 4/26/21 4/26/22 4/26/23 4/18/24 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
33
Last Close Price
634.2 INR
Average target price
722.5 INR
Spread / Average Target
+13.92%
Consensus
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