HDFC Life Insurance Company Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of HDFC Life Insurance Company Ltd?

HDFC Life Insurance Company Ltd is trading at 588.00 as of 14 May 2026, with a FY2026-2027 high of 821 and low of 555. The stock is currently near its 52-week low. Market cap stands at 1,26,999 Cr..

Q: Is HDFC Life Insurance Company Ltd financially healthy?

Key indicators: ROCE of 10.3 % is moderate. Dividend yield is 0.36 %.

Q: Is HDFC Life Insurance Company Ltd profitable and how is the profit trend?

HDFC Life Insurance Company Ltd reported a net profit of 1,811 Cr in Mar 2025 on revenue of 92,922 Cr. Compared to 1,327 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹495.79Overvalued by 15.68%vs CMP ₹588.00

P/E (66.4) × ROE (11.3%) × BV (₹82.30) × DY (0.36%)

₹198.61Overvalued by 66.22%vs CMP ₹588.00

MoS: -196.1% (Negative)Confidence: 63/100 (Moderate)Models: 1 Fair, 8 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹530.04	22%	Fair (-9.9%)
Graham Number	Earnings	₹127.44	16%	Over (-78.3%)
Earnings Power	Earnings	₹46.58	13%	Over (-92.1%)
DCF	Cash Flow	₹113.93	13%	Over (-80.6%)
Net Asset Value	Assets	₹82.18	7%	Over (-86%)
EV/EBITDA	Enterprise	₹48.55	9%	Over (-91.7%)
Earnings Yield	Earnings	₹87.70	7%	Over (-85.1%)
ROCE Capital	Returns	₹8.12	7%	Over (-98.6%)
Revenue Multiple	Revenue	₹430.22	5%	Over (-26.8%)
Consensus (9 models)		₹198.61	100%	Overvalued

Key Drivers: Wide model spread (₹8–₹530) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 6.9%

*Investments are subject to market risks

Analyst Summary

HDFC Life Insurance Company Ltd operates in the Finance - Life Insurance segment, NSE: HDFCLIFE | BSE: 540777, current market price is ₹588.00, market cap is 1,26,999 Cr.. At a glance, stock P/E is 66.4, ROE is 11.3 %, ROCE is 10.3 %, book value is 82.3, dividend yield is 0.36 %. The latest intrinsic value estimate is ₹198.61, around 66.2% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹92,922 Cr versus the prior period change of -8.4%, while latest net profit is about ₹1,811 Cr with a prior-period change of 15.1%. The 52-week range shown on this page is 821/555, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisHDFC Life Insurance Company Ltd. is a Public Limited Listed company incorporated on 14/08/2000 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Numb…

This summary is generated from the stock page data available for HDFC Life Insurance Company Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

HDFC Life Insurance Company Ltd scores 57/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health62/100 · Moderate

ROCE 10.3% AverageROE 11.3% AverageD/E 0.05 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money65/100 · Strong

FII holding stable No changeDII holding up 1.13% MF buyingPromoter holding at 50.2% Stable

Earnings Quality50/100 · Moderate

OPM stable around 1% Steady

Quarterly Momentum58/100 · Moderate

Revenue (4Q): 3% YoY FlatProfit (4Q): +8% YoY Positive

Industry Rank55/100 · Moderate

P/E 66.4 vs industry 116.8 Cheaper than peersROCE 10.3% vs industry 19.3% Below peers3Y sales CAGR: 11% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 12:14 am

Market Cap	1,26,999 Cr.
Current Price	588
Intrinsic Value	₹198.61
High / Low	821/555
Stock P/E	66.4
Book Value	82.3
Dividend Yield	0.36 %
ROCE	10.3 %
ROE	11.3 %
Face Value	10.0
PEG Ratio	9.61

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for HDFC Life Insurance Company Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
HDFC Life Insurance Company Ltd	1,26,999 Cr.	588	821/555	66.4	82.3	0.36 %	10.3 %	11.3 %	10.0
ICICI Prudential Life Insurance Company Ltd	77,689 Cr.	536	707/491	48.3	94.0	0.16 %	10.1 %	12.6 %	10.0
SBI Life Insurance Company Ltd (SBILIFE)	1,82,479 Cr.	1,820	2,133/1,663	73.9	190	0.15 %	15.0 %	13.7 %	10.0
Max Financial Services Ltd	55,432 Cr.	1,607	1,892/1,247	386	154	0.00 %	8.13 %	7.26 %	2.00
Life Insurance Corporation of India	5,07,265 Cr.	802	980/722	9.57	224	1.50 %	53.1 %	45.7 %	10.0
Industry Average	189,972.80 Cr	1,070.60		116.83	148.86	0.43%	19.33%	18.11%	8.40

All Competitor Stocks of HDFC Life Insurance Company Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	19,577	20,857	23,371	23,142	26,927	28,041	26,934	28,497	17,300	24,191	29,463	20,651	29,428
Expenses	19,787	21,215	23,045	23,557	26,663	27,766	26,623	28,807	16,852	23,814	29,024	20,336	29,157
Operating Profit	-210	-358	326	-415	264	275	311	-310	448	377	439	315	271
OPM %	-1%	-2%	1%	-2%	1%	1%	1%	-1%	3%	2%	1%	2%	1%
Other Income	394	882	114	136	103	174	90	279	-29	124	164	157	174
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	184	525	440	-279	367	450	401	-30	419	500	604	471	445
Tax %	-72%	31%	5%	-235%	-0%	8%	-20%	-1,541%	-1%	5%	9%	5%	6%
Net Profit	316	362	417	378	368	412	479	435	421	475	548	448	418
EPS in Rs	1.47	1.68	1.94	1.76	1.71	1.91	2.23	2.02	1.96	2.21	2.54	2.08	1.94

Last Updated: February 5, 2026, 6:04 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 8:16 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	17,166	27,215	18,141	30,647	32,260	38,855	29,380	71,528	67,126	70,207	101,482	92,922	103,732
Expenses	16,561	26,341	17,187	29,674	31,186	37,640	28,239	70,294	66,348	70,127	100,836	91,894	102,330
Operating Profit	605	874	953	972	1,074	1,215	1,141	1,235	778	80	646	1,028	1,402
OPM %	4%	3%	5%	3%	3%	3%	4%	2%	1%	0%	1%	1%	1%
Other Income	241	79	108	139	282	136	369	445	766	1,437	410	366	619
Interest	11	-14	8	9	11	14	0	0	0	0	0	0	0
Depreciation	41	43	45	41	44	45	47	51	56	76	79	104	0
Profit before tax	794	924	1,008	1,061	1,300	1,291	1,463	1,629	1,487	1,441	977	1,290	2,021
Tax %	9%	15%	19%	16%	15%	1%	11%	16%	11%	5%	-61%	-40%
Net Profit	725	786	817	887	1,107	1,278	1,297	1,361	1,327	1,368	1,574	1,811	1,890
EPS in Rs	3.64	3.94	4.09	4.44	5.50	6.33	6.43	6.73	6.28	6.37	7.32	8.41	8.77
Dividend Payout %	14%	18%	22%	25%	25%	26%	0%	30%	27%	30%	27%	25%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	8.41%	3.94%	8.57%	24.80%	15.45%	1.49%	4.93%	-2.50%	3.09%	15.06%	15.06%
Change in YoY Net Profit Growth (%)	0.00%	-4.47%	4.62%	16.23%	-9.36%	-13.96%	3.45%	-7.43%	5.59%	11.97%	-0.00%

HDFC Life Insurance Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	13%
5 Years:	26%
3 Years:	11%
TTM:	-5%

Compounded Profit Growth
10 Years:	8%
5 Years:	5%
3 Years:	8%
TTM:	15%

Stock Price CAGR
10 Years:	%
5 Years:	6%
3 Years:	10%
1 Year:	0%

Return on Equity
10 Years:	15%
5 Years:	11%
3 Years:	10%
Last Year:	11%

Last Updated: September 5, 2025, 5:45 am

Balance Sheet

Last Updated: April 27, 2026, 1:30 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	1,995	1,995	1,998	2,012	2,017	2,019	2,021	2,113	2,149	2,151	2,153	2,158
Reserves	546	1,108	1,828	2,693	3,625	4,788	6,619	13,501	10,844	12,515	14,002	15,592
Borrowings	0	0	0	0	0	0	600	600	950	950	2,950	3,099
Other Liabilities	66,767	73,441	91,270	105,778	124,378	125,417	170,415	214,521	234,126	287,071	330,307	369,654
Total Liabilities	69,309	76,544	95,097	110,483	130,020	132,224	179,655	230,734	248,069	302,687	349,412	390,502
Fixed Assets	346	335	337	336	370	322	585	6,605	997	1,549	2,143	746
CWIP	6	12	16	5	10	8	14	20	31	28	109	0
Investments	67,024	74,144	91,723	106,590	124,958	127,256	173,564	216,551	238,197	291,128	334,756	375,448
Other Assets	1,932	2,053	3,020	3,551	4,682	4,637	5,493	7,559	8,844	9,982	12,404	14,308
Total Assets	69,309	76,544	95,097	110,483	130,020	132,224	179,655	230,734	248,069	302,687	349,412	390,502

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	4,459	5,687	6,230	6,739	9,868	7,388	9,703	5,943	6,883	10,721	15,597	22,625
Cash from Investing Activity +	-3,514	-3,962	-5,177	-4,421	-10,182	-7,789	-8,952	-801	-10,071	-13,622	-13,633	-23,871
Cash from Financing Activity +	-168	-212	-236	-196	-337	38	678	-238	1,985	-403	1,607	-275
Net Cash Flow	777	1,513	817	2,122	-651	-364	1,429	4,904	-1,203	-3,304	3,572	-1,521
Free Cash Flow	4,352	5,654	6,183	6,706	9,825	7,351	9,643	5,887	6,797	10,587	15,300	22,341
CFO/OP	510%	597%	641%	627%	813%	672%	806%	789%	9,190%	1,444%	1,543%	2,014%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	605.00	874.00	953.00	972.00	1.00	1.00	1.00	-599.00	178.00	-870.00	-304.00	-1.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	0	0	0	0	0	2	0	0	0	0	0	0
Inventory Days
Days Payable
Cash Conversion Cycle	0	0	0	0	0	2	0	0	0	0	0	0
Working Capital Days	-11	-11	-27	-20	-25	-16	-17	-13	-11	-12	-8	-6
ROCE %	49%	41%	36%	31%	31%	23%	24%	20%	12%	10%	5%	7%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	50.31%	50.33%	50.39%	50.37%	50.37%	50.37%	50.34%	50.32%	50.32%	50.28%	50.25%	50.21%
FIIs	29.85%	30.89%	30.53%	31.28%	30.03%	26.63%	25.63%	25.14%	24.96%	24.75%	24.82%	24.27%
DIIs	6.42%	6.16%	6.87%	6.56%	7.93%	11.24%	13.25%	13.72%	14.10%	14.57%	14.59%	15.23%
Public	13.36%	12.58%	12.18%	11.76%	11.64%	11.74%	10.75%	10.76%	10.60%	10.37%	10.32%	10.25%
Others	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
No. of Shareholders	10,05,702	9,26,138	8,75,877	8,44,728	8,58,844	8,92,355	7,83,844	7,91,447	7,71,949	7,38,630	7,26,959	7,07,141

Shareholding Pattern Chart

No. of Shareholders

HDFC Life Insurance Company Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
SBI Large Cap Fund	29,000,000	3.87	2119.9	22,200,000	2026-02-23 00:39:08	30.63%
ICICI Prudential India Opportunities Fund	14,540,677	3.02	1062.92	13,412,607	2026-02-23 00:39:08	8.41%
ICICI Prudential Large Cap Fund	12,697,919	1.21	928.22	11,981,572	2026-02-23 00:39:08	5.98%
ICICI Prudential Value Fund	11,682,154	1.41	853.97	10,831,139	2026-01-26 07:39:12	7.86%
Quant ELSS Tax Saver Fund	8,067,787	5.03	589.76	N/A	N/A	N/A
Nippon India Small Cap Fund	6,169,571	0.69	451	5,739,968	2025-12-15 00:54:27	7.48%
Nippon India Large Cap Fund	5,500,000	0.8	402.05	N/A	N/A	N/A
SBI Large & Midcap Fund	5,280,000	1.03	385.97	N/A	N/A	N/A
ICICI Prudential Banking and Financial Services	5,241,538	3.5	383.16	4,884,950	2025-12-15 00:54:27	7.3%
SBI ELSS Tax Saver Fund	5,183,940	1.19	378.95	N/A	N/A	N/A

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	8.41	7.32	6.41	6.49	6.74
Diluted EPS (Rs.)	8.41	7.31	6.41	6.48	6.73
Cash EPS (Rs.)	8.89	7.68	6.72	6.55	6.98
Book Value[Excl.RevalReserv]/Share (Rs.)	75.03	68.19	60.44	73.89	55.38
Book Value[Incl.RevalReserv]/Share (Rs.)	75.03	68.19	60.44	73.89	55.38
Revenue From Operations / Share (Rs.)	450.17	471.80	326.64	317.74	353.71
PBDIT / Share (Rs.)	6.82	5.17	6.93	7.13	8.93
PBIT / Share (Rs.)	6.34	4.80	6.58	6.87	8.68
PBT / Share (Rs.)	5.75	4.43	6.19	6.74	8.59
Net Profit / Share (Rs.)	8.41	7.32	6.37	6.28	6.73
NP After MI And SOA / Share (Rs.)	8.41	7.32	6.37	6.28	6.73
PBDIT Margin (%)	1.51	1.09	2.12	2.24	2.52
PBIT Margin (%)	1.40	1.01	2.01	2.16	2.45
PBT Margin (%)	1.27	0.93	1.89	2.12	2.42
Net Profit Margin (%)	1.86	1.55	1.94	1.97	1.90
NP After MI And SOA Margin (%)	1.86	1.55	1.94	1.97	1.90
Return on Networth / Equity (%)	11.20	10.73	10.53	8.50	12.15
Return on Capital Employeed (%)	0.40	0.35	0.58	0.64	1.01
Return On Assets (%)	0.51	0.52	0.55	0.57	0.75
Long Term Debt / Equity (X)	0.18	0.06	0.07	0.03	0.05
Total Debt / Equity (X)	0.18	0.06	0.07	0.03	0.05
Asset Turnover Ratio (%)	0.29	0.36	0.29	0.33	0.45
Current Ratio (X)	1.03	0.91	0.86	0.90	0.77
Quick Ratio (X)	1.03	0.91	0.86	0.90	0.77
Dividend Payout Ratio (NP) (%)	23.75	25.94	26.25	30.78	0.00
Dividend Payout Ratio (CP) (%)	22.48	24.71	24.87	29.53	0.00
Earning Retention Ratio (%)	76.25	74.06	73.75	69.22	0.00
Cash Earning Retention Ratio (%)	77.52	75.29	75.13	70.47	0.00
Interest Coverage Ratio (X)	11.52	13.90	18.07	58.91	97.97
Interest Coverage Ratio (Post Tax) (X)	14.80	20.37	16.27	50.45	80.68
Enterprise Value (Cr.)	148727.28	135546.16	107111.55	112936.58	140107.92
EV / Net Operating Revenue (X)	1.53	1.34	1.53	1.68	1.96
EV / EBITDA (X)	101.27	121.92	71.92	74.96	77.61
MarketCap / Net Operating Revenue (X)	1.52	1.34	1.53	1.69	1.97
Retention Ratios (%)	76.24	74.05	73.74	69.21	0.00
Price / BV (X)	9.14	9.28	8.26	7.28	12.56
Price / Net Operating Revenue (X)	1.52	1.34	1.53	1.69	1.97
EarningsYield	0.01	0.01	0.01	0.01	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

HDFC Life Insurance Company Ltd. is a Public Limited Listed company incorporated on 14/08/2000 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L65110MH2000PLC128245 and registration number is 128245. Currently Company is involved in the business activities of Life insurance. Company's Total Operating Revenue is Rs. 98968.02 Cr. and Equity Capital is Rs. 2157.82 Cr. for the Year ended 31/03/2026.

INDUSTRY	ADDRESS	CONTACT
Finance - Life Insurance	13th Floor, Lodha Excelus, Apollo Mills Compound, Mumbai Maharashtra 400011	Contact not found

Management
Name	Position Held
Mr. Keki M Mistry	Chairman
Ms. Vibha Padalkar	Managing Director & CEO
Mr. Niraj Shah	Executive Director & CFO
Mr. Vineet Arora	Executive Director
Mr. Kaizad Bharucha	Non Exe. & Nominee Director
Dr. Bhaskar Ghosh	Independent Director
Mr. Venkatraman Srinivasan	Independent Director
Mr. Sumit Bose	Independent Director
Mr. Ketan Dalal	Independent Director
Ms. Bharti Gupta Ramola	Independent Director
Mr. Subodh Kumar Jaiswal	Independent Director

FAQ

What is the intrinsic value of HDFC Life Insurance Company Ltd and is it undervalued?

As of 14 May 2026, HDFC Life Insurance Company Ltd's intrinsic value is ₹198.61, which is 66.22% lower than the current market price of ₹588.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (11.3 %), book value (₹82.3), dividend yield (0.36 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of HDFC Life Insurance Company Ltd?

HDFC Life Insurance Company Ltd is trading at ₹588.00 as of 14 May 2026, with a FY2026-2027 high of ₹821 and low of ₹555. The stock is currently near its 52-week low. Market cap stands at ₹1,26,999 Cr..

How does HDFC Life Insurance Company Ltd's P/E ratio compare to its industry?

HDFC Life Insurance Company Ltd has a P/E ratio of 66.4, which is below the industry average of 116.83. This is broadly in line with or below the industry average.

Is HDFC Life Insurance Company Ltd financially healthy?

Key indicators for HDFC Life Insurance Company Ltd: ROCE of 10.3 % is moderate. Dividend yield is 0.36 %.

Is HDFC Life Insurance Company Ltd profitable and how is the profit trend?

HDFC Life Insurance Company Ltd reported a net profit of ₹1,811 Cr in Mar 2025 on revenue of ₹92,922 Cr. Compared to ₹1,327 Cr in Mar 2022, the net profit shows an improving trend.

Does HDFC Life Insurance Company Ltd pay dividends?

HDFC Life Insurance Company Ltd has a dividend yield of 0.36 % at the current price of ₹588.00. The company pays dividends, though the yield is modest.