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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of SBI Life Insurance Company Ltd (SBILIFE)

About the Company - SBI Life Insurance Company Ltd (SBILIFE)

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. Mahesh Kumar SharmaManaging Director & CEO
Ms. Usha SangwanIndependent Director
Dr. Tejendra Mohan BhasinIndependent Director
Mr. Narayan K SeshadriIndependent Director
Mr. Deepak AminIndependent Director
Mr. Shobinder DuggalIndependent Director
Mr. Ashwini Kumar TewariNominee Director

SBI Life Insurance Company Ltd. Share Price Update

Share PriceValue
Today₹1,442.05
Previous Day₹1,459.80

Basic Stock Data of SBI Life Insurance Company Ltd (SBILIFE)

Market Cap 1,55,553 Cr.
Current Price 1,554
High / Low1,570/1,039
Stock P/E83.7
Book Value 144
Dividend Yield0.16 %
ROCE15.5 %
ROE14.0 %
Face Value 10.0

Data Source: screener.in

Competitors of SBI Life Insurance Company Ltd (SBILIFE)

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Industry Average0 Cr0000%0%0%0

SBI Life Insurance Company Ltd (SBILIFE) Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales18,64026,71820,28916,00425,63620,67220,6714,80627,71726,81721,29627,89528,805
Expenses18,43726,43220,62415,75225,36420,27220,9414,51627,29226,48322,19727,47128,392
Operating Profit204286-335252272400-270290426333-901424413
OPM %1%1%-2%2%1%2%-1%6%2%1%-4%2%1%
Other Income12108371711109951111131,723912
Interest0000000000000
Depreciation0000000000000
Profit before tax215296502270282410725301437346822433424
Tax %-39%21%-6%17%13%11%7%13%14%12%5%12%10%
Net Profit300233532223247364672263377304777381380
EPS in Rs3.002.335.322.232.473.646.722.633.763.047.763.813.80

SBI Life Insurance Company Ltd (SBILIFE) Quarterly Chart

SBI Life Insurance Company Ltd (SBILIFE) Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales13,76014,87017,25823,29919,32430,54834,06844,60443,79881,91382,98380,636104,812
Expenses13,33114,44316,74722,50518,40429,47932,73643,13042,44781,04082,25480,420104,543
Operating Profit4294275117949201,0681,3321,4741,351872730216269
OPM %3%3%3%3%5%4%4%3%3%1%1%0%0%
Other Income2142923441831291391562665298671,0321,7581,756
Interest4454556800000
Depreciation3425353437485992899975680
Profit before tax6046908169391,0071,1541,4221,6421,7901,6401,6871,9062,025
Tax %8%9%11%13%16%17%19%19%21%11%11%10%
Net Profit5566307288158449551,1501,3271,4221,4561,5061,7211,842
EPS in Rs5.566.307.288.158.449.5511.5013.2714.2214.5615.0517.1918.41
Dividend Payout %9%8%14%15%14%16%17%15%0%17%13%15%

SBI Life Insurance Company Ltd (SBILIFE) Profit & Loss Yearly Chart

SBI Life Insurance Company Ltd (SBILIFE) Growth

Compounded Sales Growth
10 Years:18%
5 Years:19%
3 Years:23%
TTM:46%
Compounded Profit Growth
10 Years:11%
5 Years:8%
3 Years:7%
TTM:15%
Stock Price CAGR
10 Years:%
5 Years:21%
3 Years:20%
1 Year:26%
Return on Equity
10 Years:17%
5 Years:15%
3 Years:14%
Last Year:14%

SBI Life Insurance Company Ltd (SBILIFE) Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital1,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0011,001
Reserves1,1561,7362,3563,0563,7334,5525,5286,5767,7439,40010,62212,01712,968
Borrowings0000000000000
Other Liabilities46,08550,97857,28470,06478,69696,687115,193139,157156,837216,430261,715301,669338,453
Total Liabilities48,24053,71460,64074,12183,429102,240121,720146,734165,580226,830273,337314,686352,422
Fixed Assets263283304292301507511563568564919867542
CWIP2347146317032131310
Investments44,77850,04756,27569,38577,84395,830114,436139,325158,813218,756264,437303,988342,174
Other Assets3,1983,3824,0584,4375,1395,8716,7036,8146,1867,5097,9789,8309,705
Total Assets48,24053,71460,64074,12183,429102,240121,720146,734165,580226,830273,337314,686352,422

SBI Life Insurance Company Ltd (SBILIFE) Reserves and Borrowings Chart

SBI Life Insurance Company Ltd (SBILIFE) Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 6,4681,1301662,7115,7788,52510,39513,47319,29923,87821,85228,656
Cash from Investing Activity -4,968-227-708-178-7,204-9,032-8,910-13,552-16,986-19,203-21,611-30,203
Cash from Financing Activity 0-58-58-117-144-144-221-241-1983-231-415
Net Cash Flow1,500845-6002,416-1,570-6511,264-3212,1144,67710-1,962

SBI Life Insurance Company Ltd (SBILIFE) Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days000000000000
Inventory Days
Days Payable
Cash Conversion Cycle000000000000
Working Capital Days-11-5-20-6334111-31
ROCE %32%28%27%25%23%23%24%22%22%17%15%15%

SBI Life Insurance Company Ltd (SBILIFE) Financial Efficiency Indicators Chart

SBI Life Insurance Company Ltd (SBILIFE) Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters55.70%55.70%55.69%55.69%55.48%55.48%55.46%55.45%55.45%55.45%55.44%55.43%
FIIs30.51%27.24%24.48%24.47%24.15%23.90%24.33%25.09%25.14%26.22%26.17%25.92%
DIIs6.94%9.64%12.06%12.00%12.46%12.29%15.65%14.93%15.09%14.15%14.27%14.63%
Public6.85%7.43%7.77%7.84%7.91%8.33%4.56%4.54%4.34%4.19%4.11%4.01%
No. of Shareholders4,01,4753,83,4873,90,0494,10,1754,08,0814,03,4073,93,3983,84,7723,74,6743,58,0883,49,4073,38,525

SBI Life Insurance Company Ltd (SBILIFE) Shareholding Pattern Chart

No. of SBI Life Insurance Company Ltd (SBILIFE) Shareholders

This stock is not held by any mutual fund

SBI Life Insurance Company Ltd (SBILIFE) ROCE Trend

SBI Life Insurance Company Ltd (SBILIFE) EPS Trend

SBI Life Insurance Company Ltd (SBILIFE) Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)17.1915.0614.5614.2213.27
Diluted EPS (Rs.)17.1815.0414.5514.2213.27
Cash EPS (Rs.)17.1915.0614.5614.2313.27
Book Value[Excl.RevalReserv]/Share (Rs.)130.06116.18131.2687.4375.76
Book Value[Incl.RevalReserv]/Share (Rs.)130.06116.18131.2687.4375.76
Dividend / Share (Rs.)2.502.002.500.002.00
Revenue From Operations / Share (Rs.)805.64829.52819.07437.96444.70
PBDIT / Share (Rs.)20.5325.8917.7722.3117.38
PBIT / Share (Rs.)20.5325.8917.7722.3117.37
PBT / Share (Rs.)20.5325.7917.6822.2217.30
Net Profit / Share (Rs.)17.1915.0514.5614.2213.27
PBDIT Margin (%)2.543.122.165.093.90
PBIT Margin (%)2.543.122.165.093.90
PBT Margin (%)2.543.102.155.073.88
Net Profit Margin (%)2.131.811.773.242.98
Return on Networth / Equity (%)13.2112.9511.0916.2617.51
Return on Capital Employeed (%)0.660.960.791.371.21
Return On Assets (%)0.540.550.640.850.90
Asset Turnover Ratio (%)0.270.330.410.280.33
Current Ratio (X)33.8629.2929.111.931.78
Quick Ratio (X)33.8629.2929.111.931.78
Dividend Payout Ratio (NP) (%)0.0013.2817.170.0015.07
Dividend Payout Ratio (CP) (%)0.0013.2817.170.0015.06
Earning Retention Ratio (%)0.0086.7282.830.0084.93
Cash Earning Retention Ratio (%)0.0086.7282.830.0084.94
Interest Coverage Ratio (X)0.00258.66213.63262.94226.56
Interest Coverage Ratio (Post Tax) (X)0.00166.49191.47219.51185.45
Enterprise Value (Cr.)105897.95108857.3085345.7262673.4655534.37
EV / Net Operating Revenue (X)1.311.311.041.431.25
EV / EBITDA (X)51.5342.0248.0228.0931.95
MarketCap / Net Operating Revenue (X)1.361.351.081.461.30
Retention Ratios (%)0.0086.7182.820.0084.92
Price / BV (X)8.469.646.717.337.65
Price / Net Operating Revenue (X)1.361.351.081.461.30
EarningsYield0.010.010.010.020.02

SBI Life Insurance Company Ltd (SBILIFE) Profitability Ratios (%)

SBI Life Insurance Company Ltd (SBILIFE) Liquidity Ratios

SBI Life Insurance Company Ltd (SBILIFE) Liquidity Ratios (%)

SBI Life Insurance Company Ltd (SBILIFE) Interest Coverage Ratios (X)

SBI Life Insurance Company Ltd (SBILIFE) Valuation Ratios

Fair Value / Intrinsic Value of SBI Life Insurance Company Ltd (SBILIFE)

Fair Value: ₹1690.09

The stock is undervalued by 8.76% compared to the current price ₹1554

*Investments are subject to market risks

Strength and Weakness of SBI Life Insurance Company Ltd (SBILIFE)

StrengthWeakness
  1. The stock has a high average ROCE of 22.75%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -0.33, 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 (6,264.85 cr) compared to borrowings (0.00 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (44.92 cr) and profit (235.31 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 20.78 and average Dividend Yield of 3.36%.

Should I Buy SBI Life Insurance Company Ltd (SBILIFE) Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in SBI Life Insurance Company Ltd (SBILIFE):
    1. Net Profit Margin: 2.13%
      • 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: 0.66% (Industry Average ROCE: 0%)
      • 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. Interest Coverage Ratio (Post Tax): 0.00
      • 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.
    4. Quick Ratio: 33.86
      • 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.
    5. ✗ Stock P/E: 81.2 (Industry average Stock P/E: 0)
      • 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.
    6. ✗ Total Debt / Equity: N/A
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 SBI Life Insurance Company Ltd (SBILIFE). 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