NSE: SBILIFE | BSE: 540719

Strong Performer, Getting Expensive

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1819.40 -38.30 (-2.06%)

32.56% Gain from 52W Low

749.1K NSE+BSE Volume

NSE 23 Sep, 2025 3:31 PM (IST)

182,407.2

Market Cap

Market Runner Up

0.8

Beta 1Year

Low volatility

SBI Life Insurance Company Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SBILIFE, BSE:540719 SBI Life Insurance Company Ltd.

SBI Life Insurance Company Ltd.

22 Oct 2018, 08:43AM

1819.40

-2.06%

SBI Life Insurance (2QFY19): All round stellar performance. Maintain BUY

Buy: SBI Life Insurance Company...

Target

HDFC Securities

Maintain BUY with a TP of Rs 735 (Avg FY20-21E EV + 20.8x avg FY20-21E VNB). Driven by protection business (NBP Rs 3.7bn, +164.2% YoY), SBI Lifes 2QFY19 total NBP grew 39.8% YoY to Rs 34.8bn. APE growth was lower at 14.2% YoY to Rs 23.9bn given change in structure of credit protect product from (regular to single premium). Protection business growth was stellar in both individual and group segments- 256/127% YoY respectively and its share on APE basis improved to 5.9% vs. 4.5% in 1QFY19. Consequently, co reported VNB margin expansion of 20bps for 1HFY19 to 19.2%

SBI Life Insurance Company Ltd. is trading above its 200 day SMA of 1647.2

SBI Life Insurance Company Ltd.

22 Oct 2018

1819.40

-2.06%

State Bank of India

Buy: SBI Life Insurance Company...

Target

ICICI Securities Limited

Robust growth in premium continued at 40% YoY to | 7622 crore, led by 40% YoY growth in new business and 41% YoY in renewals. Traction in individual business remained at ~13.9% YoY to | 2409 crore, while group business witnessed higher growth at 4x YoY to | 1294 crore. Protection business (individual+group) witnessed robust traction of 171% YoY to | 380 crore; ~10.5% of NBP. Such higher growth in segments led to 40% YoY growth in NBP to | 3497 crore On APE (annualised premium equivalent) basis, NBP APE increased...

SBI Life Insurance C.. has an average target of 2084.20 from 10 brokers.

SBI Life Insurance Company Ltd.

27 Jul 2018

1819.40

-2.06%

SBI Life Insurance (1QFY19): Low APE growth disappoints. Maintain BUY

Buy: SBI Life Insurance Company...

Target

HDFC Securities

We maintain BUY with a TP of Rs 846 (FY20 EV + 27.3x FY20E VNB). SBI Lifes 1QFY19 total APE grew just 2.1% YoY to Rs 13.1bn. Growth was lower also due to the high base in 1QFY18 where APEs grew 50%+. Protection share on APE basis reduced to just 4.6% (-480 bps YoY and -80bps vs. FY18) partly as a result of move to single premium credit life policies and partly as a result of lower (-63% YoY) group term business. For 1QFY19 SBILIFE for the first time reported tax rate adj. VNB margins at 19.0%.

Number of FII/FPI investors increased from 897 to 946 in Jun 2025 qtr.

SBI Life Insurance Company Ltd.

27 Jul 2018

1819.40

-2.06%

SBI Life Insurance Co. Ltd

Buy: SBI Life Insurance Company...

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Premium growth continued to remain healthy at 26% YoY to | 4755 crore in Q1FY19, led by 15% YoY growth in new business and 35% YoY in renewals. Protection business (individual + group) witnessed robust traction of 107% YoY to | 210 crore forming ~10% of NBP. Individual NBP growth remained at ~8% YoY, owing to base effect AUM growth was healthy at 18.8% YoY to | 120280 crore Opex grew 22% YoY to | 655 crore. Higher topline growth led to ~50...

SBI Life Insurance C.. has an average target of 2084.20 from 10 brokers.

SBI Life Insurance Company Ltd.

30 Apr 2018

1819.40

-2.06%

SBI Life Insurance Co. Ltd

Buy: SBI Life Insurance Company...

Target

ICICI Securities Limited

Premium growth continued to remain healthy at 21% YoY to | 25350 crore in FY18 (| 9237 crore in Q4FY18), led by 30% YoY growth in individual new business and 31% YoY in renewals. Protection...

Number of FII/FPI investors increased from 897 to 946 in Jun 2025 qtr.

SBI Life Insurance Company Ltd.

27 Apr 2018

1819.40

-2.06%

SBI Life Insurance (4QFY18): Growth Slows but Margin Expands Further. Maintain BUY

Buy: SBI Life Insurance Company...

Target

HDFC Securities

We maintain BUY with a TP of Rs 810 (FY20 EV+ 25x FY20E VNB). While SBI Lifes Total APE for FY18 grew 26.9% YoY, 4QFY18 Total APE growth was muted at 6.3% YoY largely due to the high base in 4QFY17. VNB Margins for the year expanded 80bps to 16.2% for FY18. Margin increase was despite a negative experience in mortality, and was driven by better product mix, positive experience in persistency, and lower acquisition costs.

SBI Life Insurance C.. has an average target of 2084.20 from 10 brokers.

SBI Life Insurance Company Ltd.

05 Feb 2018

1819.40

-2.06%

Result Update:SBI Life Insuran

Buy: SBI Life Insurance Company...

Axis Direct

Q3 was strong on robust 38.2% YoY growth in Individual Rated Premium (IRP; market share further up to 13% vs. 11.2% in FY17), improvement in persistency ratio (in majority of buckets), gradual uptick in Value of New Business margin (VNB margin; up 40 bps QoQ to 16%)

Number of FII/FPI investors increased from 897 to 946 in Jun 2025 qtr.

SBI Life Insurance Company Ltd.

31 Jan 2018

1819.40

-2.06%

SBI Life Insurance Co. Ltd

Buy: SBI Life Insurance Company...

ICICI Securities Limited

Net premium growth continued at a healthy pace of 29.2% YoY to | 6776 crore, led by 37.6% YoY growth in individual new business premium (NBP) and 31.6% YoY in renewals. Individual business NBP APE at 42.9% YoY led by unit linked business Healthy AUM growth at 23% YoY to | 111630 crore and better yields led to higher than estimated income from investment at | 2794 crore Opex grew 18.4% YoY to | 752 crore. Higher topline growth led to improvement in opex ratio to 11.03% vs 12.07% in Q3FY17...

Number of FII/FPI investors increased from 897 to 946 in Jun 2025 qtr.

Is SBI Life Insurance Company Ltd. worth buying?

306 Votes:

Buy 75.16%

Sell 14.05%

Hold 10.78%

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