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 8.8x vs industry 37.5x)
- Virtually debt-free
- Regular dividends — yield 2.4%
- Near 52-week low — potential value zone (₹361)
Concerns
Today's Price Action
The stock closed at ₹415.35, unchanged from the prior session, with a total traded volume of 5.41 million shares, exactly matching its 20‑day average volume. The parity between price movement and volume indicates a lack of fresh buying or selling pressure, suggesting that the market is currently in a consolidation phase.
Valuation Snapshot
The price‑to‑earnings (P/E) ratio of 8.89 sits comfortably below the broader financial services sector, which currently registers a P/E of zero (indicating no comparable peer data). This relative discount, combined with a price‑to‑book (P/B) of 0 and a return on equity (ROE) of 37.8 %, points to a strong earnings yield and high capital efficiency.
Key Levels to Watch
The security trades near the upper end of its 52‑week range (₹361‑₹468), with the current price just ₹53 below the yearly high of ₹468. Absence of open‑interest data limits a precise swing‑point analysis, but a breach above the 52‑week high could trigger momentum‑driven buying, whereas a fall below the 52‑week low at ₹361 may attract value‑seeking participants.
Data Summary
Key metrics include an unchanged LTP of ₹415.35, a stable volume of 5.41 million shares, and a robust ROE of 37.8 %. The stock’s P/E of 8.89 and P/B of zero emphasize strong earnings generation relative to its book value, while the 52‑week band of ₹361‑₹468 frames the immediate price context.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹712 | ₹11.0L Cr | 13.9 | 1.83 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,423 | ₹10.2L Cr | 18.2 | 2.7 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹1,016 | ₹9.4L Cr | 11.2 | 1.51 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹1,061 | ₹6.6L Cr | 32.2 | 5.8 | 18.2 | 10.9 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹425 | ₹4.2L Cr | 21.1 | 2.33 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,273 | ₹4.0L Cr | 14.3 | 1.79 | 13.1 | 6.24 | — |
| BAJAJFINSV Bajaj Finserv Limited | ₹1,970 | ₹3.2L Cr | 30.7 | 4.05 | 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 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 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
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
LIC shares drop on discounted stake sale
*LIC shares drop on discounted stake sale* led to a sharp decline, hitting the lowest level in nearly four months. The government sold a **10% stake** at a **discount of 3.5%**, raising concerns over valuation and market sentiment. Heavy selling pressure dragged the stock down by over **5%** in a single session. 📊 *STOCKS:* $LICI | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #StakeSale
Govt sells 6.5% LIC stake at discount, shares drop
*Govt sells 6.5% LIC stake at discount, shares drop*. LIC shares fell sharply after the government offloaded a **6.5% stake** at a **12% discount** to current market price. The move raised concerns over valuation and increased supply in a weak market. The disinvestment fetched **₹19,000 crore**, one of the largest stake sales this year. 📊 *STOCKS:* $LICI | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #disinvestment
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]
Financial ServicesInsurance