Life Insurance Corporation of India Share Price

Life Insurance

NSE: LICI Large Cap ISIN: INE0J1Y01017

As on 22 January 2025 at 15:04 IST

₹828.90

-8.65

(-1.03%)

Sell Buy

About Life Insurance Corporation of India

Life Insurance Corporation of India was established in the year 1956 and is headquartered in the city of Mumbai. LIC has emerged as the nation's largest life insurance company under the supervision of the Ministry of Finance, both in terms of market share and cap. The company’s extensive portfolio encompasses a diverse range of insurance solutions designed to meet varying customer needs. Their product lineup includes Term Insurance Plans, Endowment Plans, Whole Life Insurance and Pension Plans. What sets LIC apart in India's insurance landscape is its unique position as a government-backed institution. Read More...

Over 1 Month

-7.43%

Over 6 Months

-25.46%

Over 1 Year

-4.31%

Over 3 Years

-4.31%

Life Insurance Corporation of India Summary

Close ₹ 828.90

Open ₹ 841.70

High ₹ 843.45

Low ₹ 818.70

Volume 8,48,995

Net Turnover (in ₹) ₹ 69,63,41,611

52Wk High ₹ 1,222

52Wk Low ₹ 806.85

52Wk High / Low

806.85

1,222

Life Insurance Corporation of India Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 5,29,750.18

EPS (TTM) 65.28

Book Value (BV) 152.77

Div. Yield 1.19 %

P/E (TTM) 12.83

Price/Book Value 5.48

Delivery % 32.55 %

Face Value 10

Key Ratios

PE Ratio 14.22

PB Ratio 7.06

EV to Sales 0.65

PEG Ratio 1.21

ROA 0.78

ROE 63.75

Debt-Equity 34.49

Net Profit Margin 4.74

Operating Profit Margin 5.51

Life Insurance Corporation of India Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profit Before Tax	41,056.60	36,080.93	4,164.58	2,980.35	2,718.52
Profit After Tax	40,915.85	35,996.65	4,124.71	2,974.14	2,710.48

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	4,074.77	3,836.73	3,570.68	3,474.03	14,571.78
Total Current Assets	1,97,099.31	1,97,672.90	1,98,843.86	1,85,444.42	2,57,349.12

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	26,121.65	54,518.51	-3,782.54	80,602.04	54,366.92
Net Cash used in Investing Activities	-25,268.76	-52,847.82	12,530.90	1,48,446.77	-40,414.80
Net Cash used in Financing Activities	-4,427.20	-948.59	-	-2,56,125.47	-18,663.74

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profit Before Tax	40,787.21	36,456.78	4,066.72	2,906.77	2,720.75
Profit After Tax	40,675.79	36,397.39	4,043.12	2,900.57	2,712.71

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	4,056.97	3,819.62	3,552.02	3,453.39	3,013.82
Total Current Assets	1,85,703.30	1,86,279.33	1,91,117.84	1,79,201.03	1,72,165.22

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	28,484.36	59,718.01	-3,135.49	55,723.07	74,768.69
Net Cash used in Investing Activities	-27,790.74	-57,899.30	10,376.52	-54,012.82	-85,722.03
Net Cash used in Financing Activities	-4,427.20	-948.59	-	-	-2,608.25

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	2,31,132.12	2,11,952.09	2,38,716.59	2,14,053.82	2,03,032.89
Total Expenses	2,23,032.33	2,00,755.32	2,37,152.26	2,03,338.95	1,94,095.04
Profit Before Tax	8,894.08	12,197.83	15,813.05	10,921.19	9,226.21
Profit After Tax	6,237.15	9,144.44	12,529.15	8,021.48	7,581.75
Operating Profit after Depreciation	8,894.08	12,197.83	15,813.05	10,921.19	9,226.21

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	2,30,331.06	2,11,129.41	2,37,842.62	2,13,344.77	2,02,220.66
Total Expenses	2,22,343.21	1,99,928.85	2,36,255.87	2,02,644.63	1,93,343.93
Profit Before Tax	8,734.13	12,157.68	15,791.40	10,863.35	9,125.11
Profit After Tax	7,620.86	10,461.05	13,762.64	9,444.42	7,925.02
Operating Profit after Depreciation	8,734.13	12,157.68	15,791.40	10,863.35	9,125.11

Life Insurance Corporation of India Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 827.43

S2 817.32

S3 799.13

Pivot 845.62

R1 855.73

R2 873.92

R3 884.03

Moving Average

20 SMA 867.20

50 SMA 904.16

100 SMA 943.64

200 SMA 986.03

Life Insurance Corporation of India Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Life Insurance Corporation of India

₹6/Share

Announcement Date 19 Jul 2024

Record Date 19 Jul 2024

Div Yield 60%

AGM Date: 27 Sep 2022

Life Insurance Corporation Of India has informed the Exchange about Board Meeting held on 04-Jul-2022 to consider Other business matters The 1 st Annual General Meeting of the Corporation will be held on 27th September, 2022 (Tuesday) at 14:30 hrs and the mode of convening AG1\t1 will be Video Conference / Other Audio Visual Means Life Insurance Corporation Of India has informed the Exchange about Newspaper Advertisements (As Per NSE Announcement Dated on 05.08.2022) Pursuant to Regulation 30 and 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations''), we enclose the copies of following newspaper advertisements published on September 02, 2022, informing completion of dispatch of Notice of AGM along with the Annual Report of the Corporation for the F. Y. 2021-22 and e-voting information for AGM of the Corporation scheduled to be held on 27th September, 2022 at 2:30PM (IST) through Video Conferencing/Other Audio Visual Means: S.No Name of Newspaper(s) Edition(s) 1 The Times of India English 2 Navbharat Times Hindi 3 Maharashtra times Marathi (As Per BSE Announcement dated on 02.09.2022) Proceedings of 01st Annual General Meeting held on Tuesday, 27th September, 2022. (As Per BSE Announcement dated on 27.09.2022) Pursuant to Regulation 44 (3) of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, please find enclosed herewith the details regarding the voting results of the business transacted at 01st Annual General Meeting on the prescribed format along with Scrutinizer report of remote e-voting and e-voting at the 01st Annual General Meeting of the Corporation. (As per BSE Announcement Dated on 28/9/2022)

AGM Date: 22 Aug 2023

Outcome of Board Meeting held on 24th May 2023, Regulation 30 of Securities and Exchange Board of India {Listing Obligations and Disclosure Requirements) Regulations, The 2nd Annual General Meeting of the Corporation will be held on 22nd August, 2023 (Tuesday) at 11:30 hrs and the mode of convening AGM will be Video Conference / Other Audio Visual Means. We enclose the copies of the newspaper advertisements published on July 08, 2023 for giving public notice to the Shareholders intimation that the 2nd Annual General Meeting of the Corporation will be held on 22nd August 2023t, at 11:30PM (IST) through Video Conferencing/other Audio Visual Means. (As Per BSE Announcement Dated on 08.07.2023) Newspaper Advertisement confirming dispatch of notice of 2nd Annual General Meeting (AGM) along with Annual Report of the Corporation (As Per BSE Announcement Dated on 29.07.2023) We wish to inform that the 2nd Annual General Meeting of the Corporation was held on 22nd August, 2023 at 11:30 am and concluded at 1:49 pm through video conferencing (VC)/ Other Audio-Visual means (OVAM) facility. we enclosed herewith proceedings of the 02nd AGM of the Corporation as Annexure. (As Per BSE Announcement dated on 22.08.2023) Submission of Voting Results of the 02nd Annual General Meeting along with Scrutinizer report. Appointment of Statutory Auditors in 2nd Annual General Meeting. (As Per BSE Announcement Dated on 23/08/2023)

AGM Date: 22 Aug 2024

The 3rd Annual General Meeting of the Members of the Corporation will be held on Thursday, August 22, 2024 Proceeding of 3rd Annual General Meeting held on Thursday August 22, 2024 (As per BSE Announcement Dated on 22/08/2024)

Life Insurance Corporation of India Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Life Insurance Corporation of India	₹837.80	₹5,29,908.31
SBI Life Insurance Company Ltd	₹1,467.25	₹1,47,031.51
HDFC Life Insurance Company Ltd	₹623.65	₹1,34,259.55
ICICI Lombard General Insurance Company Ltd	₹1,902.95	₹94,241.83
ICICI Prudential Life Insurance Company Ltd	₹635.90	₹91,901.82
General Insurance Corporation of India	₹434.55	₹76,237.45

Life Insurance Corporation of India News

Life Insurance Corporation of India to hold board meeting

On 7 February 2025

21 Jan 2025, 11:06 am

LIC hikes stake in Asian Paints

10 Dec 2024, 05:46 pm

LIC rises for 6th day, clarifies on ManipalCigna stake buzz

Life Insurance Corporation of India jumped 5.17% to Rs 988.10, rising for the sixth trading session.

29 Nov 2024, 02:18 pm

LIC raises stake in Patanjali Foods

Life Insurance Corporation of India (LIC) informed that it increased its stake in Patanjali Foods to 1,81,73,377 equity shares from 1,80,48,377 shares increasing its shareholding to 5.020% from 4.986% of the paid up capital of the company.

27 Nov 2024, 12:11 pm

LIC raises stake in LTIMindtree

Life Insurance Corporation of India (LIC) informed that it increased its stake in LTIMindtree to 2,08,34,009 equity shares from 1,49,06,665 shares increasing its shareholding to 7.034% from 5.033% of the paid up capital of the company.

22 Nov 2024, 09:47 am

Life Insurance Corporation of India Stock Analysis

Annual Net Profit for Life Insurance Corporation of India increased by 11.75% to ₹40,675.79 crore in FY 2024 from ₹36,397.39 crore in FY 2023.
Promoter Shareholding in Life Insurance Corporation of India remains unchanged by 0.00% in the most recent quarter, from 96.50% in September 2024 to 96.50% in December 2024.
Life Insurance Corporation of India delivered a 1-year return of -4.31% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Life Insurance Corporation of India share price moved down by 1.03% from its previous close of INR ₹837.55. The latest Life Insurance Corporation of India share price is INR ₹828.90.
Life Insurance Corporation of India share price today has been at a low of 818.70 and a high of 843.45. Over the past 52 weeks, the Life Insurance Corporation of India share price has seen a low of 806.85 and a high of 1,222.

About Life Insurance Corporation of India

Life Insurance Corporation of India was established in the year 1956 and is headquartered in the city of Mumbai. LIC has emerged as the nation's largest life insurance company under the supervision of the Ministry of Finance, both in terms of market share and cap.

LIC is a government-owned enterprise, with the President of India holding 96.50% of the total equity. The company operates under the guidance of its managerial promoters. They are

Siddhartha Mohanty
Tablesh Pandey
M Jagannath
Sat Pal Bhanoo
Doraiswamy Ramchandran

LIC's extensive portfolio encompasses a diverse range of insurance solutions designed to meet varying customer needs. Their product lineup includes -

Term Insurance Plans: Provides coverage for a specified period.
Endowment Plans: Combines insurance and investment.
Whole Life Insurance: Offers lifelong coverage.
Pension Plans: Provides financial security during retirement.

The registered office of LIC is at Nariman Point, Mumbai. Meanwhile, its registrars are in the Financial District of Hyderabad. The company's management framework consists of experienced executives and directors. They collectively shape and implement strategic initiatives while overseeing daily operations.

What sets LIC apart in India's insurance landscape is its unique position as a government-backed institution. The company has also consistently served as a trusted financial partner for millions of Indians.

Throughout its journey, LIC has provided comprehensive life insurance solutions to the Indian population. As the industry evolves, the company's enduring presence reflects its successful adaptation to changing market dynamics.

Why LIC Remains India's Most Trusted Insurance Provider

The Life Insurance Corporation of India has been a cornerstone of financial security for millions of Indians since its establishment in 1956. Over the years, LIC has built a reputation for reliability and comprehensive coverage. This helped the company gain its customers' trust. As a result, it became one of the most trusted insurance providers in the country.

LIC's long-standing presence in the insurance sector is one of its biggest strengths. Established over six decades ago, LIC has weathered various economic cycles and emerged stronger each time. This legacy of resilience and reliability has earned the trust of generations of policyholders. Families across India often choose LIC as their preferred insurance provider, relying on its proven track record and financial stability.

As a government-owned entity, LIC enjoys a unique position in the Indian insurance market. The backing from the President of India instils confidence among policyholders regarding the safety and security of their investments. The government’s involvement also ensures that LIC operates with transparency and accountability.

LIC offers a wide range of insurance products designed to meet the diverse needs of its customers. From term insurance plans that provide high coverage at affordable premiums to endowment plans that combine insurance with savings, LIC has something for everyone. The company also offers whole-life policies, unit-linked insurance plans (ULIPs), and pension plans. These plans cater to different life stages and financial goals.

A key factor in LIC's success is its unwavering focus on customer satisfaction. The corporation has a vast network of offices and agents spread across the country. This ensures that its services are accessible even in the most remote areas. LIC's customer service is renowned for being prompt, efficient, and empathetic. The company continuously seeks feedback from policyholders to improve its offerings and address their concerns effectively.

LIC's financial strength is the reason behind its widespread trust. The corporation has consistently reported robust financial performance, with a high solvency ratio indicating its ability to meet long-term obligations. LIC's investment portfolio is diversified across various sectors, ensuring stability and steady returns.

In recent years, LIC has embraced technology to enhance its services and improve customer experience. The introduction of online platforms for policy purchase and claims processing has made it convenient for customers to manage their policies. LIC's mobile app and website offer a range of services, including premium payment, policy updates, and fund tracking. These advancements have made LIC more accessible, especially for the younger generation.

LIC is not just an insurance provider; it is also a responsible corporate citizen. The corporation actively participates in various social welfare initiatives. It also contributes to community development. LIC's involvement in education and disaster relief programs reflects its commitment to the well-being of society. This social responsibility further enhances the company's reputation and trust among the public.

LIC has formed strategic partnerships with various financial institutions and service providers. This is to offer additional benefits to its policyholders. These collaborations help LIC provide value-added services such as health check-ups and financial planning advice. It has also helped LIC innovate and expand its service offerings.

Looking ahead, LIC is well-positioned to maintain its leadership in the Indian insurance market. The corporation's focus on innovation and financial prudence will continue to drive its growth.

With its strong foundation and commitment to excellence, LIC will undoubtedly remain a trusted and preferred insurance provider for millions of Indians.