Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

HDFC Life Insurance Company Ltd Performance

Today's Low
581.10
arrowIcon
Today's High
604.40
52 Wk Low
511.40
arrowIcon
52 Wk High
710.60


Open

600

Traded Value (Cr)

616.20 Cr

Prev. Close

605.65

VWAP

596.18

Volume

1,19,84,298

Face Value

10

HDFC Life Insurance Company Ltd Fundamentals

Market Cap
₹ 1,36,316 Cr
P/E Ratio (TTM)
89.39
P/B Ratio
9.62
Debt to Equity
0.07
ROE
10.75 %
EPS (TTM)
7.09
Dividend Yield
0.30%
Book Value
65.90

Click here to know more about Fundamentals

HDFC Life Insurance Company Ltd F&O

HDFC Life Insurance Company Ltd Option Chain

HDFC Life Insurance Company Ltd Financials

HDFC Life Insurance Company Ltd Financials

HDFC Life Insurance Company Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 50.37 % 50.37 % 50.39 % 50.33 %
FII 30.03 % 31.28 % 30.52 % 30.88 %
Others 7.46 % 7.51 % 7.70 % 7.63 %
Retail 6.36 % 6.38 % 6.74 % 7.15 %
Mutual Funds 5.77 % 4.46 % 4.66 % 4.01 %

Promoters

50.37%

FII

30.03%

Others

7.46%

Retail

6.36%

Mutual Funds

5.77%

Promoters

50.37%

FII

31.28%

Others

7.51%

Retail

6.38%

Mutual Funds

4.46%

Promoters

50.39%

FII

30.52%

Others

7.70%

Retail

6.74%

Mutual Funds

4.66%

Promoters

50.33%

FII

30.88%

Others

7.63%

Retail

7.15%

Mutual Funds

4.01%

Resistance and Support

₹622.83

PIVOT

resistance-arrow
Resistance
First Resistance₹629.667
Second Resistance₹635.483
Third Resistance₹642.317
support-arrow
Support
First Resistance₹617.017
Second Resistance₹610.183
Third Resistance₹604.367
RSI31.791
MACD-5.514
ADX11.772
CCI-237.587

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day11,984,2986,254,30061.06
Week6,157,8044,477,20868.30
1 Month5,748,2313,854,62862.31
6 Months11,984,2985,955,52449.69

About HDFC Life Insurance Company Ltd

HDFC Life Insurance Company Limited is formed as a Joint Venture between Housing Development Finance Corporation Limited (HDFC Limited) and Abrdn plc, formerly Standard Life Aberdeen plc. HDFC Standard Life Insurance Company Limited was incorporated as a Public Limited Company at Mumbai on 14th August, 2000. The Company obtained the Certificate of Commencement of Business on October 12, 2000. Further, Company obtained Certificate of Registration from Insurance Regulatory and Development Authority of India (IRDAI) to undertake the life insurance business on 23rd October, 2000. Currently, the Company has 498 branches across India. The Company is a leading long-term life insurance solutions provider in India, offering a range of individual and group insurance solution that meet various customer needs such as Protection, Pension, Savings, Investment, Annuity and Health. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked lines of businesses. The portfolio comprises of various insurance and investment products such as Protection, Pension, Savings, Investment, Annuity and Health. It has a broad, diversified product portfolio covering five principal segments across the individual and group categories, namely participating, non-participating protection term, non-participating protection health, other nonparticipating and unit-linked insurance products. In 2003, HDFC Standard Life crossed 1 lakh policies and 10,000 individual agents. During the year, the company entered into distribution tie-ups with HDFC Bank and other banks. In 2004, the company launched unit linked products. During the year, the company entered into distribution tie-up with Saraswat Co-operative Bank Limited. In 2007, HDFC Standard Life crossed the 5 lakh policy milestone. In 2010, HDFC Standard Life's total assets under management (AUM) crossed Rs 20000 crore. In Fiscal 2012, the Company established a wholly-owned subsidiary, HDFC Pension, to operate the pension fund business under the National Pension System. HDFC Pension is the second largest private pension fund management company in India in terms of assets under management and subscribers in Fiscal 2017. In FY 2011-12, the Company launched HDFC Life Credit Protect, which offers term insurance coverage for retail loans. HDFC Standard Life turned profitable in fiscal 2012 and registered a profit of Rs 271 crore. In December 2013, the company declared a maiden dividend. In 2014, the company's AUM crossed Rs 50000 crore mark. In 2016, HDFC Standard Life's total premium crossed the Rs 16000 crore mark. During the year, Standard Life Mauritius increased its stake in HDFC Standard Life Insurance Company from to 35% from 26%. In Fiscal 2016, The Company established a first international subsidiary in the UAE, HDFC International, to operate the reinsurance business. HDFC International has signed reinsurance treaties for two distinct lines of individual life business and entered into arrangements to offer reinsurance for group and credit life schemes. The Company expects the pension and reinsurance business to help them diversify its sources of revenue and profitability in future. On 31 July 2017, HDFC Standard Life Insurance Company and Max Group entities called off proposed merger of their life insurance businesses as the parties were unable to obtain the requisite regulatory approvals to consummate the merger. Earlier, on 8 August 2016, HDFC Standard Life Insurance Company and Max Group Entities had announced the merger of their life insurance businesses through a composite scheme of arrangement and had entered into certain definitive agreements to implement the same subject to satisfaction of various conditions, including the receipt of necessary approvals. During the FY2018, the Company completed its Initial Public Offer by way of an offer for sale up to 299,827,818 equity shares of face value of Rs 10 each of the Company, by promoters of the Company i.e. Housing Development Finance Corporation Limited and Standard Life (Mauritius Holding) 2006 Limited. The Shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 17 November 2017. In FY 2018-19, Company launched HDFC Life Sanchay Plus to cater to growing customer need for guaranteed income, which brought HDFC Life Sanchay Par Advantage to the customers. During FY 2018, HDFC Life launched an innovative deferred pension single premium annuity plan known as HDFC Life Pension Guaranteed Plan. At the end of FY 2018, HDFC Life had 34 Individual and 11 Group products, with 8 Riders available for it's customers. The Company received the Economic Times Great Place to Work' award during FY 2018. During the FY2019, the total new business premium increased to Rs 14,971 crore, showcasing a growth of 32% over previous year,while group new business premium showcased strong growth of 36% to end at Rs 7,327 crore. The total premium during FY 2019 was Rs 29,186 crore compared to Rs 23,564 crore during FY 2018, registering a sustainable growth of 24%, primarily due to healthy new business growth of 32% and growth of 16% in renewal premium. The corporate name of the Company was changed from 'HDFC Standard Life Insurance Company Limited' to 'HDFC Life Insurance Company Limited' on 17 January 2019. The name of the Company was changed to align the corporate name with its brand name. During the FY2020, the total new business premium increased by 15% to Rs 17,238 crore.The company maintained its leadership position within the group segment, recording growth of 20% to end at Rs 8,775 crore. The total premium grew by 12% to Rs 32,707 crore compared to Rs 29,186 crore in FY 2019 underpinned by new business growth of 15% and 9% growth in renewal premium. The assets under management (AUM) were Rs 1,27,226 crore, with a debt-equity proportion of 71:29 as on 31 March 2020, thereby clocking a 1% growth over last year. In September 2020, the Company launched HDFC Life Group Poorna Suraksha, a group term product which has a suite of benefits such as easier on-boarding, long-term coverage, portability and customised underwriting and pricing. During the FY2021,the total new business premium increased by 17% to Rs 20,107 crore. The company maintained its leadership position within the group segment, recording growth of 14% to end at Rs 10,031 crore.The total premium grew by 18% to Rs 38,583 crore in FY 2020-21, compared to Rs 32,707 crore in FY 2019-20 on account of new business growth of 17% and 19% growth in renewal premium. The assets under management (AUM) stood at Rs 1,73,839 crore, with a debt-equity proportion of 64:36 as on 31 March 2021, thereby clocking a 37% growth over the previous year. During the year 2020-21 the Company has issued and allotted 6,000 unsecured, redeemable, nonconvertible debentures (NCDs) each having a face value of Rs 10,00,000/- for an aggregate nominal value of Rs 600 crore as subordinated debt.These NCDs are listed on the wholesale debt market segment of the National Stock Exchange of India Limited. The Board of Directors of the Company approved the Share Purchase and Share Swap Agreement dated 03 September 2021, entered into by and amongst the Company, Exide Industries Limited and Exide Life Insurance Company Limited, in connection with the acquisition of 100% of the share capital of and subsequent merger of Exide Life Insurance Company Limited into the Company for a total consideration of Rs. 668,700 lakhs. The proposed preferential issuance of equity shares to Exide Industries, has been approved by shareholders of the Company at the Extra Ordinary General Meeting held on 29 September 2021. In April 2021, Company introduced HDFC Life Saral Jeevan Bima, a Term Insurance Plan by offering a lumpsum benefit in case of any eventualities. In July 2021, the Company launched HDFC Life Saral Pension, a single premium non-participating non-linked annuity plan. In October, 2021, Company introduced HDFC Life Sanchay Fixed Maturity Plan, a plan that offers guaranteed returns in the form of a lumpsum benefit on maturity. In December 2021, the Company introduced HDFC Life Systematic Retirement Plan, a deferred annuity plan available under both individual and group categories, which offers guaranteed income for whole of life by paying premiums for a limited payment term, option to choose deferment period from 5 to 15 years. As on March 31, 2022, the Company had 39 individual and 13 group products in its portfolio, along with 7 optional rider benefits, catering to a diverse range of customer needs. During FY 2021-22, Company launched a Systematic Retirement Plan, designed to lock in future rates by investing systematically. In FY 2021- 22, Company's largest distribution channel, Bancassurance, contributed 60% of the Individual APE. In FY 2021-22, the Company covered 5.4 crore lives policies issued through various channels out of which 9,15,102 are individual policies issued. It added over 9 lakh new policies during year 2021-22. In FY 2021-22, the Company acquired 100% equity shares of Exide Life Insurance Co Ltd, and became its wholly owned subsidiary effective from January 01, 2022. The Asset Under Management (AUM) was Rs 204,170 crore as on March 31, 2022. In January 2023, the Company introduced HDFC Life Smart Pension Plus and Group Traditional Secure Plan. During the year 2022-23, the business of erstwhile Exide Life Insurance Company Limited got merged into the Company through the Scheme of Arrangement made effective from October 15, 2022.

Managing Director

Vibha Padalkar

Founded

2000

NSE Symbol

HDFCLIFE

HDFC Life Insurance Company Ltd Management

NameDesignation
Deepak ParekhChairman (Non-Executive)
Keki Mistry.Director
VEGULAPARANAN KASI VISWANATHANIndependent Director
Prasad ChandranIndependent Director
Sumit BoseIndependent Director
Ketan DalalIndependent Director
Vibha PadalkarManaging Director & CEO
Narendra GanganCompany Sec. & Compli. Officer
Suresh BadamiDeputy Managing Director
Bharti Gupta RamolaIndependent Director
Bhaskar GhoshIndependent Director
Niraj ShahWhole Time Director & CFO
Kaizad BharuchaNon Executive Director

HDFC Life Insurance Company Ltd News

HDFC Life Insurance Company to conduct AGM
On 15 July 2024
Board of HDFC Life Insurance Company recommends final dividend
Of Rs 2 per share
HDFC Life Insurance Company consolidated net profit rises 13.72% in the March 2024 quarter
Sales rise 5.47% to Rs 20533.71 crore
HDFC Life gains after Q4 PAT climbs 15% YoY to Rs 412 cr
HDFC Life Insurance Company rose 1.30% to Rs 612.30 after the company’s standalone net profit jumped 14.77% to Rs 411.66 crore on 5.46% rise in net premium income to Rs 20,488.11 crore in Q4 FY24 over Q4 FY23.
HDFC Life Insurance Company Ltd down for fifth straight session
HDFC Life Insurance Company Ltd is quoting at Rs 605.05, down 1.29% on the day as on 13:19 IST on the NSE. The stock jumped 13.43% in last one year as compared to a 24.77% rally in NIFTY and a 11.82% spurt in the Nifty Financial Services index.
Volumes jump at HDFC Life Insurance Company Ltd counter
HDFC Life Insurance Company Ltd clocked volume of 7.06 lakh shares by 10:47 IST on BSE, a 10.51 times surge over two-week average daily volume of 67243 shares
HDFC Life Insurance Company to hold board meeting
On 18 April 2024
HDFC Life Insurance Company allots 20,807 equity shares under ESOS
HDFC Life Insurance Company Ltd eases for fifth straight session
HDFC Life Insurance Company Ltd is quoting at Rs 578.3, down 0.12% on the day as on 13:19 IST on the NSE. The stock tumbled 1.64% in last one year as compared to a 22.86% rally in NIFTY and a 12.72% spurt in the Nifty Financial Services index.
HDFC Life Q3 PAT climbs 16% YoY to Rs 365 cr
HDFC Life Insurance Company reported 15.81% jump in standalone net profit to Rs 365.06 crore on 5.95% rise in net premium income to Rs 15,235.33 crore in Q3 FY24 over Q3 FY23.

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
LICI₹ 6,07,863 Cr
₹ 973.30
(1.27 %)
15.07
SBILIFE₹ 1,45,908 Cr
₹ 1,447.55
(-0.65 %)
78.34
ICICIPRULI₹ 86,804 Cr
₹ 588.15
(-2.38 %)
94.80
ICICIGI₹ 84,254 Cr
₹ 1,689.75
(-1.19 %)
45.89
GICRE₹ 58,079 Cr
₹ 324.60
(-1.95 %)
9.05

HDFC Life Insurance Company Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase HDFC Life Insurance Company Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. HDFC Life Insurance Company Ltd's share price is ₹601.55 as of April 19, 2024

HDFC Life Insurance Company Ltd's P/E ratio is 89.39 times as of April 19, 2024.

HDFC Life Insurance Company Ltd's most recent financial reports indicate a price-to-book ratio of 9.62, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. HDFC Life Insurance Company Ltd's market is 136,316 Cr as on April 19, 2024.

The current financial records of HDFC Life Insurance Company Ltd show a 10.75% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a HDFC Life Insurance Company Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. HDFC Life Insurance Company Ltd's 52-week high and low as of April 19, 2024 are ₹604.4 and ₹581.1 respectively.

As of the Mar 2024 quarter, the promoter shareholding in HDFC Life Insurance Company Ltd stands at 50.37%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 31.28% to 30.03%.