Conference Call with SBI Life Insurance Company Ltd. Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
SBI Life Insurance Company announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Net premium income: Rs 23,86,071 lakh compared to Rs 25,11,647 lakh during Q4FY24. PBT: Rs 84,061 lakh compared to Rs 83,635 lakh during Q4FY24. PAT: Rs 81,351 lakh compared to Rs 81,080 lakh during Q4FY24. FY25 Financial Highlights: Private Market leadership in Individual Rated Premium of Rs 193.5 billion with 22.8% market share. Annualized Premium Equivalent (APE) stands at Rs 214.2 billion with growth of 9%. Individual New Business Sum Assured stands at Rs 2,769 billion with 43% growth. Improvement in 13M & 61M persistency by 63 bps & 528 bps respectively. Value of New Business (VoNB) stands at Rs 59.5 billion with growth of 7%. VoNB Margin stands at 27.8%. Indian Embedded value (IEV) stands at Rs 702.5 billion with 21% growth. Profit After Tax (PAT) stands at Rs 24.1 billion with 27% growth. Operating Return on Embedded Value stands at 20.2%. Assets under Management stands at Rs 4.5 trillion with 15% growth. Robust Solvency ratio of 1.96. Amit Jhingran, MD & CEO, SBI Life, said: FY25 was an exceptional year on every front. Standing at the intersection of regulatory changes, evolving customer needs and digital acceleration, we responded with resilience and conviction. Our team exhibited exceptional agility in adapting to customer needs, innovated boldly to reshape experiences and scaled efficiently to make the benefit of life insurance available to every Indian. I am delighted to share that with a 12% growth in Individual Rated Premium, SBI Life outperformed industry growth of 10.5%. This speaks volumes about the strength and dedication of our teamwork, the trust that customers place in us and the excellence with which we execute our strategy. As SBI Life steps into its 25th year, we honor not just our legacy but the millions of lives that have made this story with us. Together, we continue to weave the fabric of the future of the nation, by enabling individuals pursue their dreams while securing their loved ones. Result PDF