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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 540719 | NSE: SBILIFE

SBI Life Insurance Company Ltd (SBILIFE): Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:53 am

Market Cap 1,40,346 Cr.
Current Price 1,401
High / Low 1,936/1,307
Stock P/E64.3
Book Value 162
Dividend Yield0.19 %
ROCE13.2 %
ROE12.0 %
Face Value 10.0
PEG Ratio7.67

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

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
SBI Life Insurance Company Ltd (SBILIFE) 1,40,346 Cr. 1,401 1,936/1,30764.3 1620.19 %13.2 %12.0 % 10.0
Max Financial Services Ltd 38,280 Cr. 1,109 1,311/854111 1500.00 %9.77 %9.21 % 2.00
ICICI Prudential Life Insurance Company Ltd 94,502 Cr. 654 797/463108 80.10.09 %8.75 %8.07 % 10.0
HDFC Life Insurance Company Ltd 1,34,292 Cr. 624 761/51179.3 72.50.32 %6.61 %11.4 % 10.0
Industry Average101,855.00 Cr947.0090.65116.150.15%9.58%10.17%8.00

All Competitor Stocks of

Quarterly Result

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Sales25,63620,67220,6714,80627,71726,81721,29627,89528,80539,03336,25534,65440,302
Expenses25,36420,27220,9414,51627,29226,48322,19727,47128,39238,68137,04334,06039,696
Operating Profit272400-270290426333-901424413352-788594606
OPM %1%2%-1%6%2%1%-4%2%1%1%-2%2%2%
Other Income11109951111131,723912181,6393-4
Interest0000000000000
Depreciation0000000000000
Profit before tax282410725301437346822433424370851597601
Tax %13%11%7%13%14%12%5%12%10%13%5%13%12%
Net Profit247364672263377304777381380322811520529
EPS in Rs2.473.646.722.633.763.047.763.813.803.218.105.195.28

Last Updated: October 25, 2024, 2:53 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 25, 2024, 2:53 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales14,87017,25823,29919,32430,54834,06844,60443,79881,91382,98380,636131,988150,243
Expenses14,44316,74722,50518,40429,47932,73643,13042,44781,04082,25480,514131,742149,480
Operating Profit4275117949201,0681,3321,4741,351872730122246763
OPM %3%3%3%5%4%4%3%3%1%1%0%0%1%
Other Income2923441831291391562665298671,0321,8621,9171,657
Interest45455680001090
Depreciation2535343748599289997568760
Profit before tax6908169391,0071,1541,4221,6421,7901,6401,6871,9062,0782,419
Tax %9%11%13%16%17%19%19%21%11%11%10%9%
Net Profit6307288158449551,1501,3271,4221,4561,5061,7211,8942,181
EPS in Rs6.307.288.158.449.5511.5013.2714.2214.5615.0517.1918.9121.78
Dividend Payout %8%14%15%14%16%17%15%0%17%13%15%14%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)15.56%11.95%3.56%13.15%20.42%15.39%7.16%2.39%3.43%14.28%10.05%
Change in YoY Net Profit Growth (%)0.00%-3.61%-8.39%9.59%7.27%-5.03%-8.23%-4.77%1.04%10.84%-4.22%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:23%
5 Years:24%
3 Years:17%
TTM:43%
Compounded Profit Growth
10 Years:9%
5 Years:6%
3 Years:5%
TTM:18%
Stock Price CAGR
10 Years:%
5 Years:7%
3 Years:8%
1 Year:0%
Return on Equity
10 Years:16%
5 Years:14%
3 Years:13%
Last Year:12%

Last Updated: Unknown

Balance Sheet

Last Updated: October 25, 2024, 2:53 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital1,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0011,0011,002
Reserves1,7362,3563,0563,7334,5525,5286,5767,7439,40010,62212,01713,90715,257
Borrowings0000000000000
Other Liabilities50,97857,28470,06478,69696,687115,193139,157156,837216,430261,715301,582383,390432,238
Total Liabilities53,71460,64074,12183,429102,240121,720146,734165,580226,830273,337314,599398,299448,497
Fixed Assets2833042923015075115635685649198671,198563
CWIP3471463170321313160
Investments50,04756,27569,38577,84395,830114,436139,325158,813218,756264,437303,988384,943435,926
Other Assets3,3824,0584,4375,1395,8716,7036,8146,1867,5097,9789,74312,15212,009
Total Assets53,71460,64074,12183,429102,240121,720146,734165,580226,830273,337314,599398,299448,497

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +1,1301662,7115,7788,52510,39513,47319,29923,87821,85228,65629,122
Cash from Investing Activity +-227-708-178-7,204-9,032-8,910-13,552-16,986-19,203-21,611-30,203-31,221
Cash from Financing Activity +-58-58-117-144-144-221-241-1983-231-415-227
Net Cash Flow845-6002,416-1,570-6511,264-3212,1144,67710-1,962-2,327

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow427.00511.00794.00920.001.001.001.001.00872.00730.00122.00246.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days000000000000
Inventory Days
Days Payable
Cash Conversion Cycle000000000000
Working Capital Days-5-20-6334111-314
ROCE %28%27%25%23%23%24%22%22%17%15%15%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters55.69%55.48%55.48%55.46%55.45%55.45%55.45%55.44%55.43%55.42%55.41%55.39%
FIIs24.47%24.15%23.90%24.33%25.09%25.14%26.22%26.17%25.92%25.16%24.70%25.18%
DIIs12.00%12.46%12.29%15.65%14.93%15.09%14.15%14.27%14.63%15.40%15.88%15.32%
Public7.84%7.91%8.33%4.56%4.54%4.34%4.19%4.11%4.01%4.01%3.98%4.10%
No. of Shareholders4,10,1754,08,0814,03,4073,93,3983,84,7723,74,6743,58,0883,49,4073,38,5253,35,1143,45,5413,35,864

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)18.9217.1915.0614.5614.22
Diluted EPS (Rs.)18.9017.1815.0414.5514.22
Cash EPS (Rs.)19.6717.8715.0614.5614.23
Book Value[Excl.RevalReserv]/Share (Rs.)148.87130.06116.18131.2687.43
Book Value[Incl.RevalReserv]/Share (Rs.)148.87130.06116.18131.2687.43
Dividend / Share (Rs.)2.702.502.002.500.00
Revenue From Operations / Share (Rs.)1317.95805.63829.52819.07437.96
PBDIT / Share (Rs.)23.5421.3125.8917.7722.31
PBIT / Share (Rs.)22.7720.6325.8917.7722.31
PBT / Share (Rs.)22.6820.5325.7917.6822.22
Net Profit / Share (Rs.)18.9117.1915.0514.5614.22
PBDIT Margin (%)1.782.643.122.165.09
PBIT Margin (%)1.722.563.122.165.09
PBT Margin (%)1.722.543.102.155.07
Net Profit Margin (%)1.432.131.811.773.24
Return on Networth / Equity (%)12.7013.2112.9511.0916.26
Return on Capital Employeed (%)0.580.660.960.791.37
Return On Assets (%)0.470.540.550.640.85
Asset Turnover Ratio (%)0.370.270.330.410.28
Current Ratio (X)2.131.851.481.691.93
Quick Ratio (X)2.131.851.481.691.93
Dividend Payout Ratio (NP) (%)14.2714.5413.2817.170.00
Dividend Payout Ratio (CP) (%)13.7213.9913.2817.170.00
Earning Retention Ratio (%)85.7385.4686.7282.830.00
Cash Earning Retention Ratio (%)86.2886.0186.7282.830.00
Interest Coverage Ratio (X)258.09211.52258.66213.63262.94
Interest Coverage Ratio (Post Tax) (X)229.60186.42166.49191.47219.51
Enterprise Value (Cr.)145268.63105898.47108857.3085345.7262673.46
EV / Net Operating Revenue (X)1.101.311.311.041.43
EV / EBITDA (X)61.6349.6542.0248.0228.09
MarketCap / Net Operating Revenue (X)1.141.361.351.081.46
Retention Ratios (%)85.7285.4586.7182.820.00
Price / BV (X)10.068.469.646.717.33
Price / Net Operating Revenue (X)1.141.361.351.081.46
EarningsYield0.010.010.010.010.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 1,252.37

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Overvalued by 10.61% compared to the current share price 1,401.00

Intrinsic Value of as of December 21, 2024 is: 1,357.41

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Overvalued by 3.11% compared to the current share price 1,401.00

Last 5 Year EPS CAGR: 8.39%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 21.17%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 0.92, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of 0.00, which is a positive sign.
  4. The company has higher reserves (7,421.77 cr) compared to borrowings (0.00 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (57.54 cr) and profit (189.00 cr) over the years.
    • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
      1. Net Profit Margin: 1.43%
        • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
      2. ROCE: 0.58% (Industry Average ROCE: 9.58%)
        • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
      3. ROE%: 12.7% (Industry Average ROE: 10.17%)
        • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
      4. Interest Coverage Ratio (Post Tax): 229.6
        • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
      5. Quick Ratio: 2.13
        • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
      6. Stock P/E: 64.3 (Industry average Stock P/E: 90.65)
        • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
      7. Total Debt / Equity: 0
        • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
      The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
      Stock Rating:

    About the Company - Qualitative Analysis

    SBI Life Insurance Company Ltd. is a Public Limited Listed company incorporated on 11/10/2000 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH2000PLC129113 and registration number is 129113. Currently Company is involved in the business activities of Life insurance. Company’s Total Operating Revenue is Rs. 82983.29 Cr. and Equity Capital is Rs. 1000.37 Cr. for the Year ended 31/03/2022.
    INDUSTRYADDRESSCONTACT
    Finance - Life Insurance'Natraj', M V Road, Western Express Highway Junction, Mumbai Maharashtra 400069info@sbilife.co.in
    http://www.sbilife.co.in
    Management
    NamePosition Held
    Mr. Dinesh Kumar KharaChairman
    Mr. Amit JhingranManaging Director & CEO
    Mr. Ashwini Kumar TewariNon Exe. & Nominee Director
    Dr. Tejendra Mohan BhasinIndependent Director
    Mr. Shobinder DuggalIndependent Director
    Ms. Usha SangwanIndependent Director
    Mr. Narayan K SeshadriIndependent Director

    FAQ

    What is the latest intrinsic value of ?

    The latest intrinsic value of as on 21 December 2024 is ₹1252.37, which is 10.61% lower than the current market price of ₹1,401.00. The stock has a market capitalization of 1,40,346 Cr. and recorded a high/low of 1,936/1,307 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹15,257 Cr and total liabilities of ₹448,497 Cr.

    What is the Market Cap of ?

    The Market Cap of is 1,40,346 Cr..

    What is the current Stock Price of as on 21 December 2024?

    The current stock price of as on 21 December 2024 is 1,401.

    What is the High / Low of stocks in FY 2024-2025?

    In FY 2024-2025, the High / Low of stocks is 1,936/1,307.

    What is the Stock P/E of ?

    The Stock P/E of is 64.3.

    What is the Book Value of ?

    The Book Value of is 162.

    What is the Dividend Yield of ?

    The Dividend Yield of is 0.19 %.

    What is the ROCE of ?

    The ROCE of is 13.2 %.

    What is the ROE of ?

    The ROE of is 12.0 %.

    What is the Face Value of ?

    The Face Value of is 10.0.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE