Life Insurance Corporation Of India Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 37.8%)
- Efficient capital deployment (ROCE 35.1%)
- Attractively valued vs sector (P/E 8x vs industry 33.1x)
- Virtually debt-free
- Regular dividends — yield 2.6%
- Near 52-week low — potential value zone (₹361)
Concerns
Today's Price Action
The stock closed at ₹391.45 with no change from the previous session. Trading volume matched the 20‑day average at 48,03,921 shares, indicating a neutral participation level. The lack of
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹685 | ₹10.7L Cr | 13.3 | 1.75 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,378 | ₹10.0L Cr | 17 | 2.55 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹957 | ₹8.8L Cr | 10.5 | 1.42 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹917 | ₹5.8L Cr | 26.4 | 4.63 | 18.2 | 10.9 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹440 | ₹4.3L Cr | 20.2 | 2.24 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,220 | ₹3.8L Cr | 12.7 | 1.65 | 13.1 | 6.24 | — |
| BAJAJFINSV Bajaj Finserv Limited | ₹1,652 | ₹2.7L Cr | 25.8 | 3.39 | 13.2 | 10.6 | 5.13 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
LICI · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 96.50% | 96.50% | 96.50% | 96.50% | 96.50% | 96.50% |
| FII | 0.06% | 0.14% | 0.19% | 0.16% | 0.07% | 0.10% |
| DII | 1.00% | 0.85% | 0.94% | 1.16% | 1.26% | 1.27% |
| Public | 2.43% | 2.49% | 2.37% | 2.17% | 2.15% | 2.13% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 10 Per Share
Bonus 1:1
To consider and approve the financial results for the quarter and financial year ended March 31, 2026 and final dividend, if any.
Dividend - Rs 12 Per Share
Dividend - Rs 6 Per Share
Interim Dividend - Rs 4 Per Share
Dividend - Rs 3 Per Share
Latest News
All newsLIC approves voluntary retirement of Dinesh Pant
*LIC approves voluntary retirement of Dinesh Pant.* The Government of India has approved the voluntary retirement of Shri Dinesh Pant from his position at **Life Insurance Corporation of India**. This marks a key management change at the state-owned insurer. Impact on operations is expected to be limited in the near term. 📊 *STOCKS:* LICI | 🏢 *SECTOR:* Insurance | #MEDIUMIMPACT #ManagementChange
LIC announces change in management
*LIC announces change in management.* The move follows regulatory filings indicating a reshuffle in top leadership. While the change is not immediate, it could influence investor sentiment ahead of upcoming quarterly results. 📊 *STOCKS:* $LICI | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #ManagementChange
LIC announces change in management.
*LIC announces change in management.* The move follows a recent corporate filing with the NSE. While no specific financial impact is stated, leadership shifts can influence strategic direction. Investors may reassess near-term outlook. 📊 *STOCKS:* LICI | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #ManagementChange
LIC appoints new Chairman, management changes announced
*LIC appoints new Chairman, management changes announced.* The move follows regulatory norms for leadership rotation. **No immediate operational changes expected**. Investors await clarity on strategic direction under new leadership. 📊 *STOCKS:* LICI | 🏢 *SECTOR:* Insurance | #MEDIUMIMPACT #ManagementChange
LIC appoints new Chief Compliance Officer
*LIC appoints new Chief Compliance Officer.* The move is part of routine corporate governance updates. No financial impact is expected from this change. Investors should monitor for further governance developments. 📊 *STOCKS:* LICI | 🏢 *SECTOR:* Insurance | #LOWIMPACT #ManagementChange
IDBI Bank shares drop 6% on ₹52,000-cr stake sale approval
*IDBI Bank shares drop 6% on ₹52,000-cr stake sale approval*. The Cabinet approved the sale of the government's **76.8% stake** in IDBI Bank to Fairfax Financial for **₹52,000 crore**, marking one of the largest privatization deals. The deal values IDBI Bank at **₹68,000 crore**. LIC shares rose **2%** on optimism over capital infusion from the deal. 📊 *STOCKS:* IDBI, LICI | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #StakeSale
Govt raises $3.3B selling 6.5% LIC stake
*Govt raises $3.3B selling 6.5% LIC stake* — The Indian government has raised **$3.3 billion** through the sale of a **6.5% stake** in Life Insurance Corporation (LIC), marking one of the largest disinvestment moves this fiscal. The strategic stake sale reflects continued government efforts to meet its **₹1.8 trillion** divestment target. Market analysts view the successful bid as a positive signal for future public asset monetization plans. 📊 *STOCKS:* LICI | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #StakeSale
LIC stock fell after govt sold stake at discount
*LIC stock declined sharply following the government's stake sale at a discount.* The disinvestment raised **₹2,338 crore** by selling a 5% stake below market price. This move signals increased supply in the market, impacting investor sentiment. The discount and size of the sale may pressure the stock near-term. 📊 *STOCKS:* $LICI | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #StakeSale
India plans $1.3 billion LIC share sale
*India plans $1.3 billion LIC share sale*. The government aims to raise **$1.3 billion** through a stake sale in Life Insurance Corporation of India (LICI), marking a significant divestment move. This step is part of broader fiscal targets to meet disinvestment goals. The market may see volatility as supply increases. 📊 *STOCKS:* $LICI | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #LIC
LIC shares fall 9% on $3.3 billion stake sale
*LIC shares fall 9% on $3.3 billion stake sale*. The Indian government has launched an offer for sale of up to **$3.3 billion** worth of LIC shares, leading to sharp investor selling. The state-owned insurer's stock hit a new low, reflecting strong supply-side pressure. This is one of the largest disinvestment moves by the Centre this fiscal. 📊 *STOCKS:* $LICI | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #StakeSale
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.4L Cr 2.3% | ₹2.4L Cr 7.5% | ₹2.2L Cr 7.6% | ₹2.4L Cr 19.3% | ₹2.0L Cr 11.8% | ₹2.3L Cr 9.0% | ₹2.1L Cr 11.2% | ₹2.4L Cr |
| Op. Profit | ₹12.4K Cr 30.3% | ₹9.5K Cr 9.4% | ₹10.5K Cr 51.3% | ₹21.5K Cr 80.3% | ₹11.9K Cr 81.1% | ₹6.6K Cr 32.6% | ₹9.8K Cr 524.9% | ₹1.6K Cr |
| OPM | 5.0% 28.2% | 3.9% 17.0% | 4.7% 47.8% | 9.0% 50.0% | 6.0% 106.9% | 2.9% 37.0% | 4.6% 360.0% | 1.0% |
| Net Profit | ₹12.9K Cr 27.9% | ₹10.1K Cr 7.8% | ₹11.0K Cr 42.5% | ₹19.0K Cr 72.9% | ₹11.0K Cr 42.5% | ₹7.7K Cr 26.6% | ₹10.5K Cr 23.9% | ₹13.8K Cr |
| EPS (₹) | 10.22 28.1% | 7.98 7.9% | 8.66 42.5% | 15.05 73.0% | 8.7 42.4% | 6.11 26.7% | 8.34 61.9% | 21.88 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹9.8L Cr 9.9% | ₹8.9L Cr 5.2% | ₹8.5L Cr 7.8% | ₹7.8L Cr 8.4% | ₹7.2L Cr 4.7% | ₹6.9L Cr 10.0% | ₹6.3L Cr 9.9% | ₹5.7L Cr |
| Expenses | ₹9.3L Cr 11.0% | ₹8.4L Cr 2.9% | ₹8.1L Cr 8.4% | ₹7.5L Cr 4.2% | ₹7.2L Cr 4.2% | ₹6.9L Cr 8.8% | ₹6.3L Cr 12.3% | ₹5.7L Cr |
| Op. Profit | ₹48.8K Cr 8.5% | ₹53.3K Cr 63.2% | ₹32.7K Cr 4.3% | ₹34.1K Cr 926.2% | ₹3.3K Cr 1419.8% | ₹-252 Cr 96.4% | ₹-6.9K Cr 217.3% | ₹5.9K Cr |
| OPM | 5.0% 16.7% | 6.0% 53.8% | 3.9% 9.3% | 4.3% 760.0% | 0.5% | 0.0% 100.0% | -1.1% 210.0% | 1.0% |
| Other Income | ₹5.4K Cr 55.1% | ₹3.5K Cr 76.4% | ₹14.8K Cr 90.1% | ₹7.8K Cr 15.7% | ₹9.2K Cr 27.9% | ₹12.8K Cr 38.6% | ₹20.9K Cr 698.1% | ₹2.6K Cr |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹707 Cr 39.7% | ₹506 Cr 8.6% | ₹466 Cr 0.0% | ₹466 Cr 6.9% | ₹436 Cr 4.6% | ₹417 Cr 10.0% | ₹379 Cr 12.8% | ₹336 Cr |
| PBT | ₹53.5K Cr 5.0% | ₹56.3K Cr 19.7% | ₹47.0K Cr 13.4% | ₹41.5K Cr 241.6% | ₹12.1K Cr 0.1% | ₹12.2K Cr 10.3% | ₹13.5K Cr 65.2% | ₹8.2K Cr |
| Tax % | -7.0% 150.0% | 14.0% 7.7% | 13.0% 0.0% | 13.0% 80.3% | 66.0% 13.2% | 76.0% 5.0% | 80.0% 17.6% | 68.0% |
| Net Profit | ₹57.5K Cr 18.9% | ₹48.3K Cr 18.1% | ₹40.9K Cr 13.7% | ₹36.0K Cr 772.7% | ₹4.1K Cr 38.7% | ₹3.0K Cr 9.7% | ₹2.7K Cr 3.2% | ₹2.6K Cr |
| EPS (₹) | 45.42 18.9% | 38.2 18.1% | 32.34 13.6% | 28.46 773.0% | 3.26 | — | — | — |
| Div Payout | 11.0% 31.3% | 16.0% 6.7% | 15.0% 200.0% | 5.0% 78.3% | 23.0% | 0.0% 100.0% | 2.0% 0.0% | 2.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|
Liabilities | |||||||||
| Equity Capital | ₹6.3K Cr 0.0% | ₹6.3K Cr 0.0% | ₹6.3K Cr 0.0% | ₹6.3K Cr 0.0% | ₹6.3K Cr 0.0% | ₹6.3K Cr 6225.0% | ₹100 Cr 0.0% | ₹100 Cr 0.0% | ₹100 Cr |
| Reserves | ₹1.7L Cr 25.6% | ₹1.4L Cr 12.2% | ₹1.2L Cr 58.2% | ₹76.4K Cr 91.5% | ₹39.9K Cr 696.2% | ₹5.0K Cr 26.1% | ₹6.8K Cr 652.1% | ₹902 Cr 27.0% | ₹710 Cr |
| Borrowings | ₹0 Cr 100.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹1 Cr 75.0% | ₹4 Cr 100.0% | ₹2.5L Cr 5.9% | ₹2.7L Cr |
| Other Liabilities | ₹57.7L Cr 0.0% | ₹57.7L Cr 4.3% | ₹55.3L Cr 5.7% | ₹52.3L Cr 15.5% | ₹45.3L Cr 6.8% | ₹42.4L Cr 11.0% | ₹38.2L Cr 17.8% | ₹32.5L Cr 2.8% | ₹31.6L Cr |
| Total Liabilities | ₹59.5L Cr 0.6% | ₹59.1L Cr 4.4% | ₹56.6L Cr 6.5% | ₹53.2L Cr 16.1% | ₹45.8L Cr 7.6% | ₹42.5L Cr 11.1% | ₹38.3L Cr 9.4% | ₹35.0L Cr 2.1% | ₹34.3L Cr |
Assets | |||||||||
| Fixed Assets | ₹28.3K Cr 525.5% | ₹4.5K Cr 78.8% | ₹21.3K Cr 3.2% | ₹20.7K Cr 0.9% | ₹20.5K Cr 15.2% | ₹17.8K Cr 0.3% | ₹17.7K Cr 37.2% | ₹28.2K Cr 12.0% | ₹25.2K Cr |
| CWIP | ₹419 Cr | ₹0 Cr 100.0% | ₹326 Cr 19.1% | ₹403 Cr 21.8% | ₹331 Cr 66.3% | ₹199 Cr 34.5% | ₹148 Cr 79.8% | ₹734 Cr 3.4% | ₹710 Cr |
| Investments | ₹55.6L Cr 0.3% | ₹55.7L Cr 5.2% | ₹53.0L Cr 6.5% | ₹49.8L Cr 17.3% | ₹42.4L Cr 8.1% | ₹39.3L Cr 11.6% | ₹35.2L Cr 18.2% | ₹29.8L Cr 2.6% | ₹29.0L Cr |
| Other Assets | ₹3.6L Cr 8.5% | ₹3.4L Cr 1.6% | ₹3.4L Cr 6.8% | ₹3.2L Cr 1.3% | ₹3.1L Cr 1.5% | ₹3.1L Cr 5.3% | ₹2.9L Cr 40.5% | ₹4.9L Cr 1.3% | ₹5.0L Cr |
| Total Assets | ₹59.5L Cr 0.6% | ₹59.1L Cr 4.4% | ₹56.6L Cr 6.5% | ₹53.2L Cr 16.1% | ₹45.8L Cr 7.6% | ₹42.5L Cr 11.1% | ₹38.3L Cr 9.4% | ₹35.0L Cr 2.1% | ₹34.3L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-26.2K Cr 169.6% | ₹-9.7K Cr 136.6% | ₹26.5K Cr 51.3% | ₹54.5K Cr 1541.2% | ₹-3.8K Cr 104.7% | ₹80.6K Cr 48.3% | ₹54.4K Cr 309.6% | ₹13.3K Cr |
| Investing CF | ₹36.7K Cr 11.4% | ₹41.4K Cr 261.2% | ₹-25.7K Cr 51.4% | ₹-52.8K Cr 521.7% | ₹12.5K Cr 91.6% | ₹1.5L Cr 467.3% | ₹-40.4K Cr 519.4% | ₹9.6K Cr |
| Financing CF | ₹-7.6K Cr 101.0% | ₹-3.8K Cr 14.3% | ₹-4.4K Cr 366.5% | ₹-949 Cr | ₹0 Cr 100.0% | ₹-2.6L Cr 1272.3% | ₹-18.7K Cr 36.2% | ₹-13.7K Cr |
| Net Cash Flow | ₹2.9K Cr 89.8% | ₹27.9K Cr 880.4% | ₹-3.6K Cr 595.0% | ₹722 Cr 91.7% | ₹8.7K Cr 132.3% | ₹-27.1K Cr 474.6% | ₹-4.7K Cr 151.2% | ₹9.2K Cr |
| Free Cash Flow | ₹-27.2K Cr 160.5% | ₹-10.4K Cr 140.4% | ₹25.8K Cr 52.1% | ₹54.0K Cr 1491.5% | ₹-3.9K Cr 104.5% | ₹86.8K Cr 62.3% | ₹53.4K Cr 373.8% | ₹11.3K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0d | 0d | 0d | 0d | 0d | 0d | 0d | 0d |
| Inventory Days | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 0d | 0d | 0d | 0d | 0d | 0d | 0d | 0d |
| Working Capital Days | 45d 18.4% | 38d 2.6% | 39d 9.3% | 43d 2.4% | 42d 20.0% | 35d 44.4% | 63d 19.2% | 78d |
| ROCE | 35.0% 34.0% | 53.0% 27.4% | 73.0% 49.0% | 143.0% 9.2% | 131.0% 1355.6% | 9.0% 80.0% | 5.0% | — |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Life Insurance Corporation Of India
Life Insurance Corporation (LIC) is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products.[1]
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