Financial Ratios Life Insurance Corporation of India

Equities

LICI

INE0J1Y01017

Life & Health Insurance

Market Closed - NSE India S.E. Other stock markets 06:49:38 2025-01-24 am EST			5-day change	1st Jan Change
821.25 ^INR	-1.91%		-3.94%	-7.93%

Dec. 31	Life Insurance Corporation of India Announces Superannuation of Kumaresan P as Executive Director	CI
Dec. 31	Life Insurance Corporation of India Announces Superannuation of Aradhana Duggal as Executive Director	CI

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Published financial data: LIFE INSURANCE CORPORATION OF INDIA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Premiums and Annuity Revenues	3,825B	4,054B	4,295B	4,760B	4,768B
Total Interest And Dividend Income	2,372B	2,498B	2,538B	2,761B	3,013B
Gain (Loss) on Sale of Investments, Total (Rev)	184B	403B	435B	332B	698B
Other Revenues, Total	44.09B	23.05B	9.23B	77.96B	1.65B
Total Revenues	6,424B	6,978B	7,278B	7,930B	8,481B
Policy Benefits	5,538B	6,119B	6,667B	6,866B	7,355B
Policy Acquisition / Underwriting Costs, Total	215B	224B	233B	257B	261B
Depreciation & Amortization - (IS) - (Collected)	3.99B	3.02B	-	-	-
Selling General & Admin Expenses, Total	355B	359B	362B	459B	463B
Provision for Bad Debts	109B	102B	-12.99B	-19.42B	-10.11B
Salaries And Other Employee Benefits	33.64B	24.55B	-	-	-
Other Operating Expenses	8.95B	8.92B	28.71B	25.31B	-53.63B
Total Operating Expenses	6,264B	6,840B	7,278B	7,588B	8,015B
Operating Income	160B	138B	208M	343B	466B
Interest Expense, Total	-133B	-88.67B	-867M	-774M	-1.28B
Income (Loss) on Equity Invest.	5.74B	11.63B	42.03B	41.82B	41.03B
Currency Exchange Gains (Loss)	24.31M	49.74M	-	-	-
Other Non Operating Income (Expenses)	-20.65B	80.89B	140B	97.63B	-20.22B
EBT, Excl. Unusual Items	12.74B	142B	182B	481B	486B
EBT, Incl. Unusual Items	12.74B	142B	182B	481B	486B
Income Tax Expense	108B	91.77B	80.13B	54.66B	60.98B
Earnings From Continuing Operations	-95.6B	50.37B	102B	427B	425B
Net Income to Company	-95.6B	50.37B	102B	427B	425B
Minority Interest	63.73B	-4.47B	-61.88M	20.25M	-311M
Net Income - (IS)	-31.87B	45.9B	102B	427B	424B
Net Income to Common Incl Extra Items	-31.87B	45.9B	102B	427B	424B
Net Income to Common Excl. Extra Items	-31.87B	45.9B	102B	427B	424B
Per Share Items
Net EPS - Basic	-5.04	7.26	16.06	67.46	67.08
Basic EPS - Continuing Operations	-5.04	7.26	16.06	67.46	67.08
Basic Weighted Average Shares Outstanding	6.32B	6.32B	6.32B	6.32B	6.32B
Net EPS - Diluted	-5.04	7.26	16.06	67.46	67.08
Diluted EPS - Continuing Operations	-5.04	7.26	16.06	67.46	67.08
Diluted Weighted Average Shares Outstanding	6.32B	6.32B	6.32B	6.32B	6.32B
Normalized Basic EPS	11.33	13.34	17.95	47.57	47.93
Normalized Diluted EPS	11.33	13.34	17.95	47.57	47.93
Dividend Per Share	-	-	1.5	3	10
Payout Ratio	-83.99	59.16	-	2.22	10.43
Supplemental Items
EBITDA	164B	141B	3.23B	347B	471B
EBITA	160B	138B	208M	343B	466B
EBIT	160B	138B	208M	343B	466B
EBITDAR	176B	151B	7B	351B	475B
Effective Tax Rate - (Ratio)	850.31	64.56	44.08	11.36	12.56
Normalized Net Income	71.69B	84.37B	114B	301B	303B
Non-Cash Pension Expense	17.12B	15.01B	17.7B	42.31B	12.05B
Supplemental Operating Expense Items
Advertising Expense	5.57B	4.83B	7.48B	7.14B	5.57B
Selling and Marketing Expenses	5.57B	4.83B	7.48B	7.14B	5.57B
Net Rental Expense, Total	11.42B	9.92B	3.77B	4.05B	4.22B
Imputed Operating Lease Interest Expense	4.64B	5.55B	702B	1,103B	2,673B
Imputed Operating Lease Depreciation	6.78B	4.37B	-698B	-1,099B	-2,669B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Total Other Investments	4.01B	4.26B	53.54B	282B	626B
Total investments	4.01B	4.26B	53.54B	282B	626B
Cash And Equivalents	632B	361B	447B	455B	418B
Reinsurance Recoverable - (IS)	-	-	52.74M	36.63B	35.64B
Other Receivables - (Insurance Template)	2,374B	1,088B	2,093B	2,226B	2,349B
Separate Account Assets	29,579B	34,984B	39,114B	42,055B	48,952B
Gross Property Plant And Equipment	150B	52.93B	74.2B	79.64B	84.8B
Accumulated Depreciation	-42.4B	-22.35B	-38.7B	-41.43B	-44.16B
Net Property Plant And Equipment	107B	30.58B	35.49B	38.21B	40.64B
Goodwill	33.28B	-	-	-	-
Other Intangibles, Total	5.27B	4.16B	212M	154M	111M
Other Current Assets, Total	1,942B	1,494B	557B	429B	385B
Other Long-Term Assets, Total	322B	330B	240B	263B	353B
Total Assets	34,998B	38,295B	42,541B	45,785B	53,160B
Liabilities
Accounts Payable, Total	155B	162B	67.63B	75.88B	112B
Accrued Expenses, Total	121B	151B	189B	116B	126B
Insurance And Annuity Liabilities	31,275B	37,068B	41,461B	44,431B	51,339B
Unpaid Claims	109B	105B	103B	70.26B	78.46B
Unearned Premiums	19.48B	15.74B	13.17B	14.34B	14.95B
Reinsurance Payable - (BS)	464M	-327M	-127M	442M	946M
Short-Term Borrowings	7.66M	13.46M	11.5M	21.09M	11.2M
Long-Term Debt	2,534B	36.65M	12.88M	-	-
Separate Account Liability	325B	330B	239B	262B	349B
Current Income Taxes Payable	-25.61M	6.61M	14.35M	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	447B	393B	335B	311B	295B
Other Non Current Liabilities	805M	540M	19.17B	40.96B	16.23B
Total Liabilities	34,987B	38,225B	42,426B	45,321B	52,331B
Common Stock, Total	1B	1B	63.25B	63.25B	63.25B
Additional Paid In Capital	21.02M	21.02M	21.02M	21.02M	21M
Retained Earnings	6.95B	63.48B	42.17B	393B	757B
Comprehensive Income and Other	2.04B	4.33B	7.94B	6.46B	6.72B
Total Common Equity	10.02B	68.84B	113B	462B	827B
Minority Interest	963M	993M	1.2B	1.17B	1.53B
Total Equity	10.98B	69.83B	115B	463B	829B
Total Liabilities And Equity	34,998B	38,295B	42,541B	45,785B	53,160B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.32B	6.32B	6.32B	6.32B	6.32B
ECS Total Common Shares Outstanding	6.32B	6.32B	6.32B	6.32B	6.32B
Book Value / Share	1.58	10.88	17.93	73.1	130.83
Tangible Book Value	-28.53B	64.68B	113B	462B	827B
Tangible Book Value Per Share	-4.51	10.23	17.89	73.07	130.81
Total Debt	2,534B	50.11M	24.38M	21.09M	11.2M
Net Debt	1,903B	-361B	-447B	-455B	-418B
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.48B	334M	-31.84M	0	0
Debt Equivalent Oper. Leases	91.38B	79.35B	30.16B	32.38B	33.76B
Minority Interest, Total (Incl. Fin. Div)	963M	993M	1.2B	1.17B	1.53B
Account Code - Inventory Valuation	-	3	3	3	3
Land - (BS)	25.56B	1.78B	2.35B	1.72B	1.44B
Buildings, Total	74.36B	31B	32.51B	34.21B	36.64B
Machinery, Total	42.3B	18.67B	37.34B	40.39B	42.7B
Full Time Employees	-	109K	104K	98.46K	98.66K

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	-31.87B	45.9B	102B	427B	424B
Depreciation, Depletion & Amortization	3.99B	3.02B	-	4.67B	4.66B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	212K	54M
Total Depreciation, Depletion & Amortization	3.99B	3.02B	-	4.67B	4.71B
Other Operating Activities	572B	757B	-139B	114B	-168B
Cash from Operations	544B	806B	-37.83B	545B	261B
Capital Expenditure	-11.2B	-10.76B	-7.17B	-8.86B	-7.68B
Sale of Property, Plant, and Equipment	2B	72.39B	6.2B	3.44B	550M
Investment in Marketable and Equity Securities, Total	-2,737B	-2,247B	-2,374B	-3,188B	-3,141B
Net (Increase) Decrease in Loans Originated / Sold - Investing	15.57B	1,185B	-9.71B	-40.3B	-37.28B
Other Investing Activities, Total	2,312B	2,489B	2,506B	2,689B	2,932B
Cash from Investing	-418B	1,488B	121B	-545B	-254B
Long-Term Debt Repaid, Total	-160B	-2,534B	-	-	-
Total Debt Repaid	-160B	-2,534B	-	-	-
Common Dividends Paid	-26.77B	-27.16B	-	-9.49B	-44.27B
Common & Preferred Stock Dividends Paid	-26.77B	-27.16B	-	-9.49B	-44.27B
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-187B	-2,561B	-	-9.49B	-44.27B
Foreign Exchange Rate Adjustments	13.94B	-3.46B	4.32B	16.24B	1.31B
Net Change in Cash	-47.12B	-271B	87.48B	7.22B	-35.74B
Supplemental Items
Cash Income Tax Paid (Refund)	87.26B	-112B	73.74B	-58.25B	-56.89B
Net Debt Issued / Repaid	-160B	-2,534B	-	-	-
Levered Free Cash Flow	148B	446B	-185B	110B	291B
Unlevered Free Cash Flow	231B	502B	-185B	111B	292B
Change In Net Working Capital	-138B	-423B	178B	99.47B	-3.78B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.29	0.24	0	0.48	0.59
Return on Total Capital	3.82	6.61	0.14	74.1	45.07
Return On Equity %	-958.09	124.65	110.23	147.63	65.7
Return on Common Equity	-351.85	116.42	111.49	148.24	65.79
Margin Analysis
Gross Profit Margin %	10.42	9.09	5.17	10.16	10.18
SG&A Margin	6.03	5.48	4.95	5.76	5.44
EBITDA Margin %	2.56	2.02	0.04	4.38	5.55
EBITA Margin %	2.5	1.98	0	4.32	5.5
EBIT Margin %	2.5	1.98	0	4.32	5.5
Income From Continuing Operations Margin %	-1.49	0.72	1.4	5.38	5.01
Net Income Margin %	-0.5	0.66	1.4	5.38	5
Net Avail. For Common Margin %	-0.5	0.66	1.4	5.38	5
Normalized Net Income Margin	1.12	1.21	1.56	3.79	3.57
Levered Free Cash Flow Margin	2.31	6.39	-2.54	1.39	3.43
Unlevered Free Cash Flow Margin	3.6	7.19	-2.54	1.39	3.44
Asset Turnover
Asset Turnover	0.19	0.19	0.18	0.18	0.17
Fixed Assets Turnover	59.54	101.31	208.05	215.18	215.11
Receivables Turnover (Average Receivables)	-	-	66.68	67.44	66.68
Short Term Liquidity
Current Ratio	3	2.23	2.8	3.34	3.12
Quick Ratio	0.74	0.43	0.84	1.02	0.9
Operating Cash Flow to Current Liabilities	0.63	0.97	-0.05	0.91	0.41
Days Sales Outstanding (Average Receivables)	-	-	5.47	5.41	5.49
Average Days Payable Outstanding	13.58	15.53	11.89	8.56	8.59
Long Term Solvency
Total Debt/Equity	23.08K	0.07	0.02	0	0
Total Debt / Total Capital	99.57	0.07	0.02	0	0
LT Debt/Equity	23.08K	0.05	0.01	-	-
Long-Term Debt / Total Capital	99.57	0.05	0.01	-	-
Total Liabilities / Total Assets	99.97	99.82	99.73	98.99	98.44
EBIT / Interest Expense	1.21	1.56	0.24	442.56	364.45
EBITDA / Interest Expense	1.24	1.59	3.72	448.58	368.13
(EBITDA - Capex) / Interest Expense	1.15	1.47	-4.54	437.13	362.13
Total Debt / EBITDA	15.41	0	0.01	0	0
Net Debt / EBITDA	11.57	-2.55	-138.49	-1.31	-0.89
Total Debt / (EBITDA - Capex)	16.53	0	-0.01	0	0
Net Debt / (EBITDA - Capex)	12.41	-2.76	113.5	-1.34	-0.9
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	12.79	8.62	4.3	8.97	7.99
Gross Profit, 1 Yr. Growth %	61.9	-5.31	-40.65	117.05	18.46
EBITDA, 1 Yr. Growth %	2.93K	-14.12	-93.99	7.5K	73.84
EBITA, 1 Yr. Growth %	3.47K	-13.87	-99.59	164K	75.14
EBIT, 1 Yr. Growth %	3.47K	-13.87	-99.59	164K	75.12
Earnings From Cont. Operations, 1 Yr. Growth %	455.85	-152.69	101.69	319.78	-0.49
Net Income, 1 Yr. Growth %	-500.15	-244.04	121.16	320.06	-0.57
Normalized Net Income, 1 Yr. Growth %	45.6	17.69	34.56	164.97	0.77
Diluted EPS Before Extra, 1 Yr. Growth %	-500.15	-244.04	121.16	320.06	-0.57
Net Property, Plant and Equip., 1 Yr. Growth %	-1.36	-71.46	2.98	7.66	6.34
Accounts Receivable, 1 Yr. Growth %	-	-	7.96	9.6	0.12
Total Assets, 1 Yr. Growth %	2.12	9.42	11.09	7.63	16.11
Common Equity, 1 Yr. Growth %	23.73	587.14	64.71	307.8	78.98
Tangible Book Value, 1 Yr. Growth %	-1.38	-326.69	65.06	308.43	79.01
Cash From Operations, 1 Yr. Growth %	309.58	48.26	-104.69	-1.54K	-52.09
Capital Expenditures, 1 Yr. Growth %	-56	-3.94	-33.37	23.65	-13.39
Levered Free Cash Flow, 1 Yr. Growth %	-	200.74	-141.66	-160.86	368.5
Unlevered Free Cash Flow, 1 Yr. Growth %	-	116.75	-141.47	-161.31	366.16
Dividend Per Share, 1 Yr. Growth %	-	-	-	100	233.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	10.68	6.44	6.61	7.95
Gross Profit, 2 Yr. CAGR %	-	23.82	-25.03	12.72	52.54
EBITDA, 2 Yr. CAGR %	-	410.43	-85.99	154.16	914.92
EBITA, 2 Yr. CAGR %	-	454.25	-96.4	159.86	4.63K
EBIT, 2 Yr. CAGR %	-	454.25	-96.4	159.86	4.63K
Earnings From Cont. Operations, 2 Yr. CAGR %	-	71.13	3.12	190.97	104.38
Net Income, 2 Yr. CAGR %	-	140.08	78.54	204.79	104.37
Normalized Net Income, 2 Yr. CAGR %	-	30.9	25.85	88.82	63.4
Diluted EPS Before Extra, 2 Yr. CAGR %	-	140.08	78.54	204.79	104.37
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-46.94	-42.45	5.3	7
Accounts Receivable, 2 Yr. CAGR %	-	-	-	8.78	4.75
Total Assets, 2 Yr. CAGR %	-	5.71	10.25	9.34	11.79
Common Equity, 2 Yr. CAGR %	-	191.58	236.42	159.15	170.16
Tangible Book Value, 2 Yr. CAGR %	-	49.52	99.15	159.63	170.4
Cash From Operations, 2 Yr. CAGR %	-	146.42	-73.62	-17.76	162.79
Capital Expenditures, 2 Yr. CAGR %	-	-34.99	-20	-9.24	3.48
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	11.72	-50.24	26.94
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-10.68	-50.17	27.31
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	158.2
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	8.51	7.27	6.72
Gross Profit, 3 Yr. CAGR %	-	-	-3.1	6.36	10.85
EBITDA, 3 Yr. CAGR %	-	-	-15.86	28.3	106.11
EBITA, 3 Yr. CAGR %	-	-	-64.09	28.77	109.42
EBIT, 3 Yr. CAGR %	-	-	-64.09	28.77	109.41
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	80.8	64.65	103.48
Net Income, 3 Yr. CAGR %	-	-	133.65	137.46	109.82
Normalized Net Income, 3 Yr. CAGR %	-	-	32.12	61.3	53.16
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	133.65	137.46	109.82
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-31.13	-29.09	5.64
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	5.81
Total Assets, 3 Yr. CAGR %	-	-	7.47	9.37	11.55
Common Equity, 3 Yr. CAGR %	-	-	141.03	258.69	129.07
Tangible Book Value, 3 Yr. CAGR %	-	-	57.56	153.02	129.37
Cash From Operations, 3 Yr. CAGR %	-	-	-34.19	0.09	-31.31
Capital Expenditures, 3 Yr. CAGR %	-	-	-34.45	-7.51	-10.64
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-9.48	-13.13
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-21.83	-13.1
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	8.29
Gross Profit, 5 Yr. CAGR %	-	-	-	-	15.86
EBITDA, 5 Yr. CAGR %	-	-	-	-	144.19
EBITA, 5 Yr. CAGR %	-	-	-	-	152.96
EBIT, 5 Yr. CAGR %	-	-	-	-	152.96
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	89.89
Net Income, 5 Yr. CAGR %	-	-	-	-	121.47
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	43.84
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	121.47
Net Property, Plant and Equip., 5 Yr. CAGR %