| Announced on | Meeting on |
| May 16, 2024 | May 27, 2024 |
| Audited Results & Final Dividend | |
| Feb 05, 2024 | Feb 08, 2024 |
| Quarterly Results & Interim Dividend | |
| Oct 26, 2023 | Nov 10, 2023 |
| Quarterly Results | |
| Aug 02, 2023 | Aug 10, 2023 |
| Quarterly Results | |
| May 23, 2023 | May 24, 2023 |
| Audited Results & Final Dividend | |
LIC - Life Insurance Corporation of India Share Price
NSE
- Open995.00
- High1,006.10
- Low990.10
- Prev Close988.75
- Volume18,04,287
- VWAP(₹)998.93
LIC share price insights
Rank 3 - ET 5002023 ranking
Dividend Announcement
Company announced a dividend of Rs 6.0 per share on 27 May, 2024 with record date of 19 Jul, 2024.Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 4.68% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)Buy Signal: Bulls on driving seat
50 day moving crossover appeared yesterday. Average price gain of 7.83% within 30 days of this signal in last 5 years.Decrease in Cash from Investing
Company has used Rs 25400.02 cr for investing activities which is an YoY decrease of 53.37%. (Source: Consolidated Financials)LIC Share Price Update
Life Insurance Corporation of India share price moved up by 0.77% from its previous close of Rs 988.75. Life Insurance Corporation of India stock last traded price is 996.35
Share Price Value Today/Current/Last 996.35 Previous Day 988.75
LIC Share Price Returns
| 1 Day | 0.77% |
| 1 Month | -1.61% |
| 3 Months | 2.65% |
| 1 Year | 57.59% |
| 3 Years | N.A. |
| 5 Years | N.A. |
Key Metrics
| PE Ratio(x) | 15.40 |
| EPS - TTM(₹) | 64.69 |
| MCap(₹ Cr.) | 6,30,191 |
| MCap Rank | 1 |
| PB Ratio(x) | 7.54 |
| Div Yield(%) | 1.00 |
| Face Value(₹) | 10.00 |
| 52W High(₹) | 1,175.00 |
| 52W Low(₹) | 597.35 |
| MCap/Sales | 0.68 |
| Beta(1 Month) | N.A. |
| BV/Share(₹) | 131.07 |
LIC Share Recommendations
Mean recosCurrent
BUY
17 Analysts
Strong
SellSellHoldBuyStrong
Buy
SellSellHoldBuyStrong
Buy
Analyst Trends
| Ratings | Current | 1W Ago | 1M Ago | 3M Ago |
|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 7 |
| Buy | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 2 | 4 |
| Sell | 2 | 2 | 2 | 2 |
| Strong Sell | - | - | - | - |
| # Analysts | 17 | 17 | 17 | 16 |
Recent Recos
- Target₹930
- OrganizationMotilal Oswal Financial Services
- BUY
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LIC News & Analysis
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NewsF&O Stock Strategy: How to trade Apollo Tyres and LIC Housing Finance Announcement Under Regulation 30 Of SEBI (LODR) - Re-Designation Of Chairperson
Announcements
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LIC Financials
Consolidated
Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023 Total Income 2,52,965.31 2,14,260.14 2,02,394.91 1,89,604.30 2,00,927.81 Total Income Growth (%) 18.06 5.86 6.75 -5.64 1.49 Total Expenses 2,37,113.49 2,03,302.71 1,93,230.94 1,82,316.77 1,95,686.54 Total Expenses Growth (%) 16.63 5.21 5.99 -6.83 3.94 EBIT 15,851.82 10,957.43 9,163.96 7,287.53 5,241.28 EBIT Growth (%) 44.67 19.57 25.75 39.04 -46.09 Profit after Tax (PAT) 13,781.59 9,468.99 8,030.28 9,634.98 13,190.79 PAT Growth (%) 45.54 17.92 -16.65 -26.96 107.77 EBIT Margin (%) 6.27 5.11 4.53 3.84 2.61 Net Profit Margin (%) 5.45 4.42 3.97 5.08 6.56 Basic EPS (₹) 21.79 14.97 12.70 15.23 20.86 All figures in Rs Cr, unless mentioned otherwise
InsightsEmployee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 4.68% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 53,16,047.12 45,78,491.35 42,54,057.78 38,29,524.21 34,99,834.08 Total Assets Growth (%) 16.11 7.63 11.09 9.42 2.12 Total Liabilities 52,33,147.52 45,32,141.39 42,42,600.26 38,22,540.96 34,98,735.97 Total Liabilities Growth (%) 15.47 6.82 10.99 9.25 2.11 Total Equity 82,899.60 46,349.97 11,457.51 6,983.24 1,098.11 Total Equity Growth (%) 78.86 304.54 64.07 535.93 22.36 Current Ratio (x) 3.09 3.32 2.78 2.23 3.00 Total Debt to Equity (x) 0.00 0.00 0.00 0.00 253.45 Contingent Liabilities 0.00 15,448.31 21,696.30 27,590.46 23,107.30 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 26,121.65 54,518.51 -3,782.54 80,602.04 54,366.92 Net Cash used in Investing Activities -25,400.02 -54,471.53 12,098.80 1,48,792.31 -41,809.09 Net Cash flow from Financing Activities -4,427.20 -948.59 - -256,125.47 -18,663.74 Net Cash Flow -3,574.31 722.09 8,748.37 -27,076.66 -4,711.62 Closing Cash & Cash Equivalent 42,013.83 45,588.14 44,866.05 36,117.68 63,194.34 Closing Cash & Cash Equivalent Growth (%) -7.84 1.61 24.22 -42.85 -6.94 Total Debt/ CFO (x) 0.00 0.00 0.00 0.00 4.66 All figures in Rs Cr, unless mentioned otherwise
InsightsCash from Operations vs PAT
Operating cash flow of Rs 26121.65 cr is 0.64 times compared to the reported net profit of Rs 40915.85 cr. (Source: Consolidated Financials)Decrease in Cash from Investing
Company has used Rs 25400.02 cr for investing activities which is an YoY decrease of 53.37%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 49.44 77.86 36.38 43.21 271.08 Return on Capital Employed (%) 0.84 0.95 0.13 0.35 0.58 Return on Assets (%) 0.76 0.78 0.09 0.07 0.07 Interest Coverage Ratio (x) 0.00 564.85 71.21 119.55 1.53 Asset Turnover Ratio (x) 0.17 0.18 0.18 0.19 0.18 Price to Earnings (x) 14.14 9.40 - - - Price to Book (x) 6.99 7.31 - - - EV/EBITDA (x) 12.10 6.69 - - - EBITDA Margin (%) 5.24 5.57 0.85 1.96 3.24
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Peer Comparison
NAME 1D 1W 1M 3M 1Y 3Y 5Y LIC Stock Performance 0.77 -1.61 10.44 -2.78 65.52 0.00 0.00 SBI Life Stock Performance 0.67 8.33 5.59 -0.57 21.86 50.40 115.03 HDFC Life Stock Performance 0.96 9.26 11.34 -3.41 3.27 -12.29 33.09 ICICI Pru Life Stock Performance 1.82 13.06 6.65 5.67 24.57 7.98 59.95 Max Financial Stock Performance 2.47 8.45 3.43 1.77 45.10 -0.18 130.49 All values in %
Mutual Funds Ownership
MF Ownership as on 31 May 2024
358.87
Amount Invested (in Cr.)
1.69%
% of AUM
61.54
% Change (MoM basis)
342.50
Amount Invested (in Cr.)
0.8%
% of AUM
-0.83
% Change (MoM basis)
Kotak Multicap Direct-G
Equity: Multi Cap
338.23
Amount Invested (in Cr.)
2.97%
% of AUM
72.17
% Change (MoM basis)
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Corporate Actions
Final
60%
May 27, 2024
Board Meeting
Audited Results & Final Dividend
May 16, 2024
Interim Dividend
40%
Feb 08, 2024
Announced on Ex-Date Dividend% May 27, 2024 Jul 19, 2024 60% Feb 08, 2024 Feb 21, 2024 40% May 26, 2023 Jul 21, 2023 30% May 31, 2022 Aug 25, 2022 15% No Data Available
No Data Available
No Data Available
Announced on Meeting on Jul 21, 2023 Aug 22, 2023 - Jul 04, 2022 Sep 27, 2022 -
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About
Life Insurance Corporation of India, incorporated in the year 1956, is a Small Cap company (having a market cap of Rs 630,191.15 Crore) operating in Financial Services sector.
Life Insurance Corporation of India key Products/Revenue Segments include Amount transferred from Policyholder Account, Interest, Dividend & Rent, Profit/Loss on Sale/Redemption of Investments and Other Operating Revenue for the year ending 31-Mar-2022.
For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 252,965.31 Crore, up 18.06 % from last quarter Total Income of Rs 214,260.14 Crore and up 25.90 % from last year same quarter Total Income of Rs 200,927.81 Crore. Company has reported net profit after tax of Rs 12,524.17 Crore in latest quarter.
The company’s top management includes Mr.Siddhartha Mohanty, Mr.M Jagannath, Mrs.Mini Ipe, Mr.Sat Pal Bhanoo, Mr.Tablesh Pandey, Dr.Maruthi Prasad Tangirala, Prof.Anil Kumar, Mrs.Anjuly Chib Duggal, Mr.Gurumoorthy Mahalingam, Mr.M P Vijay Kumar, Mr.Raj Kamal, Dr.Ranjan Sharma, Mr.Sanjeev Nautiyal, Dr.V S Parthasarthy, Mr.Vinod Kumar Verma, Mr.Sunil Agrawal, Mr.Pawan Agrawal. Company has A R & Co. as its auditors. As on 31-03-2024, the company has a total of 632.50 Crore shares outstanding.
About LIC
Life Insurance Corporation of India, incorporated in the year 1956, is a Small Cap company (having a market cap of Rs 630,191.15 Crore) operating in Financial Services sector. Life Insurance Corporation of India key Products/Revenue Segments include Amount transferred from Policyholder Account, Interest, Dividend & Rent, Profit/Loss on Sale/Redemption of Investments and Other Operating Revenue for the year ending 31-Mar-2022.For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 252,965.31 Crore, up 18.06 % from last quarter Total Income of Rs 214,260.14 Crore and up 25.90 % from last year same quarter Total Income of Rs 200,927.81 Crore. Company has reported net profit after tax of Rs 12,524.17 Crore in latest quarter.The company’s top management includes Mr.Siddhartha Mohanty, Mr.M Jagannath, Mrs.Mini Ipe, Mr.Sat Pal Bhanoo, Mr.Tablesh Pandey, Dr.Maruthi Prasad Tangirala, Prof.Anil Kumar, Mrs.Anjuly Chib Duggal, Mr.Gurumoorthy Mahalingam, Mr.M P Vijay Kumar, Mr.Raj Kamal, Dr.Ranjan Sharma, Mr.Sanjeev Nautiyal, Dr.V S Parthasarthy, Mr.Vinod Kumar Verma, Mr.Sunil Agrawal, Mr.Pawan Agrawal. Company has A R & Co. as its auditors. As on 31-03-2024, the company has a total of 632.50 Crore shares outstanding.
Industry
Key Indices Listed On
Nifty Next 50, Nifty 100, Nifty 200, Nifty 500, BSE 500
Address
Yogakshema,Jeevan Bima Marg,Mumbai, Maharashtra - 400021
Executive Leadership
SM
Siddhartha Mohanty
Chairman & Wholetime DirectorMJ
M Jagannath
Managing DirectorMI
Mini Ipe
Managing DirectorSP
Sat Pal Bhanoo
Managing DirectorShow More
Auditors
B C Jain & Co
Ramamoorthy (N) & Co
Chokshi & Chokshi LLP
ABM & Associates LLP
FAQs about LIC share
- 1. What's the LIC share price today?As on 01 Jul, 2024, 03:58 PM IST LIC share price was up by 0.77% basis the previous closing price of Rs 991.75. LIC share price was Rs 996.35. Return Performance of LIC Shares:
- 1 Week: LIC share price moved down by 1.88%
- 1 Month: LIC share price moved down by 1.61%
- 3 Month: LIC share price moved up by 2.65%
- 6 Month: LIC share price moved up by 16.02%
- 2. What is 52 week high/low of LIC share price?In last 52 weeks LIC share had a high price of Rs 1,175.00 and low price of Rs 597.35
- 3. What is the market cap of LIC?Within the Financial Services sector, LIC stock has a market cap rank of 1. LIC has a market cap of Rs 6,30,191 Cr.
- 4. What are the LIC quarterly results?Total Revenue and Earning for LIC for the year ending 2024-03-31 was Rs 860826.95 Cr and Rs 40915.85 Cr on Consolidated basis. Last Quarter 2024-03-31, LIC reported an income of Rs 252965.31 Cr and profit of Rs 13781.59 Cr.
- 5. What dividend is LIC giving?Life Insurance Corporation of India announced an equity dividend of 60% on a face value of 10.0 amounting to Rs 6 per share on 27 May 2024. The ex dividend date is 19 Jul 2024.
- 6. What are the returns for LIC share?Return Performance of LIC Shares:
- 1 Week: LIC share price moved down by 1.88%
- 1 Month: LIC share price moved down by 1.61%
- 3 Month: LIC share price moved up by 2.65%
- 6 Month: LIC share price moved up by 16.02%
- 7. What are the key metrics to analyse LIC Share Price?LIC share can be quickly analyzed on following metrics:
- Stock's PE is 15.40
- Price to Book Ratio of 7.54
- 8. Who's the owner of LIC?Promoter,DII and FII owns 96.5, 0.89 and 0.06 shares of LIC as on 31 Mar 2024
- There is no change in promoter holding from 31 Dec 2023 to 31 Mar 2024
- Domestic Institutional Investors holding have gone down from 0.89 (31 Dec 2023) to 0.79 (31 Mar 2024)
- Foreign Institutional Investors holding has gone up from 0.06 (31 Dec 2023) to 0.13 (31 Mar 2024)
- Other investor holding has gone up from 2.54 (31 Dec 2023) to 2.57 (31 Mar 2024)
- 9. Who is the chairman of LIC?Siddhartha Mohanty is the Chairman & Wholetime Director of LIC
- 10. What is the CAGR of LIC?The CAGR of LIC is 5.19.
- 11. Which are the key peers to LIC?Within Financial Services sector LIC, SBI Life Insurance Company Ltd., HDFC Life Insurance Company Ltd., ICICI Prudential Life Insurance Company Ltd. and Max Financial Services Ltd. are usually compared together by investors for analysis.
- 12. What is the PE & PB ratio of LIC?The PE ratio of LIC stands at 15.28, while the PB ratio is 7.54.
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