Financial Ratios Life Insurance Corporation of India

Equities

LICI

INE0J1Y01017

Life & Health Insurance

Market Closed - NSE India S.E. Other stock markets 06:49:45 2025-12-05 am EST			5-day change	1st Jan Change
869.90 ^INR	-0.77%		-2.74%	-2.48%

Dec. 05	Life Insurance Corp. of India Names Chief Investment Officer	MT
Nov. 28	NBCC says LIC cuts stake in co to 4.48% from 6.55%	RE

243c54e173bdb7712.8KZnihdDy2qPAfgvvc62BkhyMYKeMDj33ajs91OfBPI.u_AAxlETqSb9RoBK0PmOcRIfW_rJSQCBpfyZoTLJSaeA4Qn-eXeTP95HvQ

Published financial data: LIFE INSURANCE CORPORATION OF INDIA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Premiums and Annuity Revenues	4,054B	4,295B	4,760B	4,768B	4,898B
Total Interest And Dividend Income	2,498B	2,538B	2,761B	3,013B	3,230B
Gain (Loss) on Sale of Investments, Total (Rev)	403B	435B	332B	698B	772B
Other Revenues, Total	23.05B	9.23B	77.96B	1.65B	8.07B
Total Revenues	6,978B	7,278B	7,930B	8,481B	8,908B
Policy Benefits	6,119B	6,667B	6,866B	7,355B	7,592B
Policy Acquisition / Underwriting Costs, Total	224B	233B	257B	261B	254B
Depreciation & Amortization - (IS) - (Collected)	3.02B	-	-	-	-
Selling General & Admin Expenses, Total	359B	362B	459B	463B	340B
Provision for Bad Debts	102B	-12.99B	-19.42B	-10.11B	-15.45B
Salaries And Other Employee Benefits	24.55B	-	-	-	-
Other Operating Expenses	8.92B	28.71B	25.31B	-53.63B	69.52B
Total Operating Expenses	6,840B	7,278B	7,588B	8,015B	8,241B
Operating Income	138B	208M	343B	466B	667B
Interest Expense, Total	-88.67B	-867M	-774M	-1.28B	-
Income (Loss) on Equity Invest.	11.63B	42.03B	41.82B	41.03B	48.47B
Currency Exchange Gains (Loss)	49.74M	-	-	-	-
Other Non Operating Income (Expenses)	80.89B	140B	97.63B	-20.22B	-124B
EBT, Excl. Unusual Items	142B	182B	481B	486B	592B
EBT, Incl. Unusual Items	142B	182B	481B	486B	592B
Income Tax Expense	91.77B	80.13B	54.66B	60.98B	79.47B
Earnings From Continuing Operations	50.37B	102B	427B	425B	512B
Net Income to Company	50.37B	102B	427B	425B	512B
Minority Interest	-4.47B	-61.88M	20.25M	-311M	-411M
Net Income - (IS)	45.9B	102B	427B	424B	512B
Net Income to Common Incl Extra Items	45.9B	102B	427B	424B	512B
Net Income to Common Excl. Extra Items	45.9B	102B	427B	424B	512B
Per Share Items
Net EPS - Basic	7.26	16.06	67.46	67.08	80.89
Basic EPS - Continuing Operations	7.26	16.06	67.46	67.08	80.89
Basic Weighted Average Shares Outstanding	6.32B	6.32B	6.32B	6.32B	6.32B
Net EPS - Diluted	7.26	16.06	67.46	67.08	80.89
Diluted EPS - Continuing Operations	7.26	16.06	67.46	67.08	80.89
Diluted Weighted Average Shares Outstanding	6.32B	6.32B	6.32B	6.32B	6.32B
Normalized Basic EPS	13.34	17.95	47.57	47.93	58.38
Normalized Diluted EPS	13.34	17.95	47.57	47.93	58.38
Dividend Per Share	-	1.5	3	10	12
Payout Ratio	59.16	-	2.22	10.43	7.42
Supplemental Items
EBITDA	141B	3.23B	347B	471B	672B
EBITA	138B	208M	343B	466B	667B
EBIT	138B	208M	343B	466B	667B
EBITDAR	151B	7B	351B	475B	676B
Effective Tax Rate - (Ratio)	64.56	44.08	11.36	12.56	13.43
Normalized Net Income	84.37B	114B	301B	303B	369B
Non-Cash Pension Expense	15.01B	17.7B	42.31B	12.05B	27.23B
Supplemental Operating Expense Items
Advertising Expense	4.83B	7.48B	7.14B	5.57B	5.54B
Marketing Expenses	-	-	-	-	577M
Selling and Marketing Expenses	4.83B	7.48B	7.14B	5.57B	6.12B
Net Rental Expense, Total	9.92B	3.77B	4.05B	4.22B	4.19B
Imputed Operating Lease Interest Expense	5.55B	702B	1,103B	2,673B	-
Imputed Operating Lease Depreciation	4.37B	-698B	-1,099B	-2,669B	-

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Trading Asset Securities, Total	-	-	-	-	133M
Total Other Investments	4.26B	53.54B	282B	626B	1,029B
Total investments	4.26B	53.54B	282B	626B	1,029B
Cash And Equivalents	361B	447B	455B	418B	699B
Reinsurance Recoverable - (IS)	-	52.74M	36.63B	35.64B	1.61B
Other Receivables - (Insurance Template)	1,088B	2,093B	2,226B	2,349B	2,493B
Separate Account Assets	34,984B	39,114B	42,055B	48,952B	51,643B
Gross Property Plant And Equipment	52.93B	74.2B	79.64B	84.8B	92.23B
Accumulated Depreciation	-22.35B	-38.7B	-41.43B	-44.16B	-47.49B
Net Property Plant And Equipment	30.58B	35.49B	38.21B	40.64B	44.74B
Goodwill	-	-	-	-	-
Other Intangibles, Total	4.16B	212M	154M	111M	89.3M
Other Current Assets, Total	1,494B	557B	429B	385B	211B
Deferred Tax Assets Long-Term (Collected)	-	-	-	-	2.7M
Other Long-Term Assets, Total	330B	240B	263B	353B	484B
Total Assets	38,295B	42,541B	45,785B	53,160B	56,606B
Liabilities
Accounts Payable, Total	162B	67.63B	75.88B	112B	39.44B
Accrued Expenses, Total	151B	189B	116B	126B	49.97B
Insurance And Annuity Liabilities	37,068B	41,461B	44,431B	51,339B	54,350B
Unpaid Claims	105B	103B	70.26B	78.46B	142B
Unearned Premiums	15.74B	13.17B	14.34B	14.95B	26.26B
Reinsurance Payable - (BS)	-327M	-127M	442M	946M	2.46B
Current Portion of Long-Term Debt	-	-	-	-	41.9M
Short-Term Borrowings	13.46M	11.5M	21.09M	11.2M	14.3M
Long-Term Debt	36.65M	12.88M	-	-	-
Separate Account Liability	330B	239B	262B	349B	477B
Current Income Taxes Payable	6.61M	14.35M	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	393B	335B	311B	295B	218B
Other Non Current Liabilities	540M	19.17B	40.96B	16.23B	26.44B
Total Liabilities	38,225B	42,426B	45,321B	52,331B	55,331B
Common Stock, Total	1B	63.25B	63.25B	63.25B	63.25B
Additional Paid In Capital	21.02M	21.02M	21.02M	21M	171M
Retained Earnings	63.48B	42.17B	393B	757B	1,203B
Comprehensive Income and Other	4.33B	7.94B	6.46B	6.72B	6.16B
Total Common Equity	68.84B	113B	462B	827B	1,272B
Minority Interest	993M	1.2B	1.17B	1.53B	2.77B
Total Equity	69.83B	115B	463B	829B	1,275B
Total Liabilities And Equity	38,295B	42,541B	45,785B	53,160B	56,606B
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	10.88	17.93	73.1	130.83	201.15
Tangible Book Value	64.68B	113B	462B	827B	1,272B
Tangible Book Value Per Share	10.23	17.89	73.07	130.81	201.13
Total Debt	50.11M	24.38M	21.09M	11.2M	56.2M
Net Debt	-361B	-447B	-455B	-418B	-699B
Debt Equivalent of Unfunded Proj. Benefit Obligation	334M	-31.84M	0	0	0
Debt Equivalent Oper. Leases	79.35B	30.16B	32.38B	33.76B	33.5B
Minority Interest, Total (Incl. Fin. Div)	993M	1.2B	1.17B	1.53B	2.77B
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	1.78B	2.35B	1.72B	1.44B	1.31B
Buildings, Total	31B	32.51B	34.21B	36.64B	39.24B
Machinery, Total	18.67B	37.34B	40.39B	42.7B	48.34B
Full Time Employees	109K	104K	98.46K	98.66K	91.61K

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	45.9B	102B	427B	424B	512B
Depreciation, Depletion & Amortization	3.02B	-	4.67B	4.66B	5.06B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	212K	54M	18.4M
Total Depreciation, Depletion & Amortization	3.02B	-	4.67B	4.71B	5.07B
Total Asset Writedown	-	-	-	-	51.3M
Other Operating Activities	757B	-139B	114B	-168B	-608B
Cash from Operations	806B	-37.83B	545B	261B	-91.45B
Capital Expenditure	-10.76B	-7.17B	-8.86B	-7.68B	-7.77B
Sale of Property, Plant, and Equipment	72.39B	6.2B	3.44B	550M	619M
Investment in Marketable and Equity Securities, Total	-2,247B	-2,374B	-3,188B	-3,141B	-2,677B
Net (Increase) Decrease in Loans Originated / Sold - Investing	1,185B	-9.71B	-40.3B	-37.28B	-56.72B
Other Investing Activities, Total	2,489B	2,506B	2,689B	2,932B	3,145B
Cash from Investing	1,488B	121B	-545B	-254B	404B
Long-Term Debt Repaid, Total	-2,534B	-	-	-	-
Total Debt Repaid	-2,534B	-	-	-	-
Common Dividends Paid	-27.16B	-	-9.49B	-44.27B	-37.94B
Common & Preferred Stock Dividends Paid	-27.16B	-	-9.49B	-44.27B	-37.94B
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-2,561B	-	-9.49B	-44.27B	-37.94B
Foreign Exchange Rate Adjustments	-3.46B	4.32B	16.24B	1.31B	4.08B
Net Change in Cash	-271B	87.48B	7.22B	-35.74B	279B
Supplemental Items
Cash Income Tax Paid (Refund)	-112B	73.74B	-58.25B	-56.89B	-3.96B
Net Debt Issued / Repaid	-2,534B	-	-	-	-
Levered Free Cash Flow	446B	-185B	110B	291B	420B
Unlevered Free Cash Flow	502B	-185B	111B	292B	420B
Change In Net Working Capital	-423B	178B	99.47B	-3.78B	-5.69B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.24	0	0.48	0.59	0.76
Return on Total Capital	6.61	0.14	74.1	45.07	39.63
Return On Equity %	124.65	110.23	147.63	65.7	48.67
Return on Common Equity	116.42	111.49	148.24	65.79	48.73
Margin Analysis
Gross Profit Margin %	9.09	5.17	10.16	10.18	11.89
SG&A Margin	5.48	4.95	5.76	5.44	3.79
EBITDA Margin %	2.02	0.04	4.38	5.55	7.55
EBITA Margin %	1.98	0	4.32	5.5	7.49
EBIT Margin %	1.98	0	4.32	5.5	7.49
Income From Continuing Operations Margin %	0.72	1.4	5.38	5.01	5.75
Net Income Margin %	0.66	1.4	5.38	5	5.74
Net Avail. For Common Margin %	0.66	1.4	5.38	5	5.74
Normalized Net Income Margin	1.21	1.56	3.79	3.57	4.15
Levered Free Cash Flow Margin	6.39	-2.54	1.39	3.43	4.71
Unlevered Free Cash Flow Margin	7.19	-2.54	1.39	3.44	4.71
Asset Turnover
Asset Turnover	0.19	0.18	0.18	0.17	0.16
Fixed Assets Turnover	101.31	208.05	215.18	215.11	208.66
Receivables Turnover (Average Receivables)	-	66.68	67.44	66.68	69.13
Short Term Liquidity
Current Ratio	2.23	2.8	3.34	3.12	4.32
Quick Ratio	0.43	0.84	1.02	0.9	1.7
Operating Cash Flow to Current Liabilities	0.97	-0.05	0.91	0.41	-0.19
Days Sales Outstanding (Average Receivables)	-	5.47	5.41	5.49	5.28
Average Days Payable Outstanding	15.53	11.89	8.56	8.59	9.25
Long Term Solvency
Total Debt/Equity	0.07	0.02	0	0	0
Total Debt / Total Capital	0.07	0.02	0	0	0
LT Debt/Equity	0.05	0.01	-	-	-
Long-Term Debt / Total Capital	0.05	0.01	-	-	-
Total Liabilities / Total Assets	99.82	99.73	98.99	98.44	97.75
EBIT / Interest Expense	1.56	0.24	442.56	364.45	-
EBITDA / Interest Expense	1.59	3.72	448.58	368.13	-
(EBITDA - Capex) / Interest Expense	1.47	-4.54	437.13	362.13	-
Total Debt / EBITDA	0	0.01	0	0	0
Net Debt / EBITDA	-2.55	-138.49	-1.31	-0.89	-1.04
Total Debt / (EBITDA - Capex)	0	-0.01	0	0	0
Net Debt / (EBITDA - Capex)	-2.76	113.5	-1.34	-0.9	-1.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.62	4.3	8.97	7.99	4.18
Gross Profit, 1 Yr. Growth %	-5.31	-40.65	117.05	18.46	13.48
EBITDA, 1 Yr. Growth %	-14.12	-93.99	7.5K	73.84	24.69
EBITA, 1 Yr. Growth %	-13.87	-99.59	164K	75.14	24.85
EBIT, 1 Yr. Growth %	-13.87	-99.59	164K	75.12	24.84
Earnings From Cont. Operations, 1 Yr. Growth %	-152.69	101.69	319.78	-0.49	20.59
Net Income, 1 Yr. Growth %	-244.04	121.16	320.06	-0.57	20.58
Normalized Net Income, 1 Yr. Growth %	17.69	34.56	164.97	0.77	21.8
Diluted EPS Before Extra, 1 Yr. Growth %	-244.04	121.16	320.06	-0.57	20.58
Net Property, Plant and Equip., 1 Yr. Growth %	-71.46	2.98	7.66	6.34	10.1
Accounts Receivable, 1 Yr. Growth %	-	7.96	9.6	0.12	1.39
Total Assets, 1 Yr. Growth %	9.42	11.09	7.63	16.11	6.48
Common Equity, 1 Yr. Growth %	587.14	64.71	307.8	78.98	53.75
Tangible Book Value, 1 Yr. Growth %	-326.69	65.06	308.43	79.01	53.76
Cash From Operations, 1 Yr. Growth %	48.26	-104.69	-1.54K	-52.09	-134.45
Capital Expenditures, 1 Yr. Growth %	-3.94	-33.37	23.65	-13.39	1.17
Levered Free Cash Flow, 1 Yr. Growth %	200.74	-141.66	-160.86	368.5	25.43
Unlevered Free Cash Flow, 1 Yr. Growth %	116.75	-141.47	-161.31	366.16	25.43
Dividend Per Share, 1 Yr. Growth %	-	-	100	233.33	20
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.68	6.44	6.61	7.95	6.5
Gross Profit, 2 Yr. CAGR %	23.82	-25.03	12.72	52.54	20.53
EBITDA, 2 Yr. CAGR %	410.43	-85.99	154.16	914.92	57.55
EBITA, 2 Yr. CAGR %	454.25	-96.4	159.86	4.63K	58.33
EBIT, 2 Yr. CAGR %	454.25	-96.4	159.86	4.63K	58.33
Earnings From Cont. Operations, 2 Yr. CAGR %	71.13	3.12	190.97	104.38	9.54
Net Income, 2 Yr. CAGR %	140.08	78.54	204.79	104.37	9.5
Normalized Net Income, 2 Yr. CAGR %	30.9	25.85	88.82	63.4	10.79
Diluted EPS Before Extra, 2 Yr. CAGR %	140.08	78.54	204.79	104.37	9.5
Net Property, Plant and Equip., 2 Yr. CAGR %	-46.94	-42.45	5.3	7	8.21
Accounts Receivable, 2 Yr. CAGR %	-	-	8.78	4.75	0.75
Total Assets, 2 Yr. CAGR %	5.71	10.25	9.34	11.79	11.19
Common Equity, 2 Yr. CAGR %	191.58	236.42	159.15	170.16	65.89
Tangible Book Value, 2 Yr. CAGR %	49.52	99.15	159.63	170.4	65.91
Cash From Operations, 2 Yr. CAGR %	146.42	-73.62	-17.76	162.79	-59.04
Capital Expenditures, 2 Yr. CAGR %	-34.99	-20	-9.24	3.48	-6.39
Levered Free Cash Flow, 2 Yr. CAGR %	-	11.72	-50.24	26.94	159.89
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-10.68	-50.17	27.31	158.88
Dividend Per Share, 2 Yr. CAGR %	-	-	-	158.2	100
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	8.51	7.27	6.72	6.97
Gross Profit, 3 Yr. CAGR %	-	-3.1	6.36	10.85	41.84
EBITDA, 3 Yr. CAGR %	-	-15.86	28.3	106.11	427.86
EBITA, 3 Yr. CAGR %	-	-64.09	28.77	109.42	1.37K
EBIT, 3 Yr. CAGR %	-	-64.09	28.77	109.41	1.37K
Earnings From Cont. Operations, 3 Yr. CAGR %	-	80.8	64.65	103.48	71.42
Net Income, 3 Yr. CAGR %	-	133.65	137.46	109.82	71.41
Normalized Net Income, 3 Yr. CAGR %	-	32.12	61.3	53.16	48.16
Diluted EPS Before Extra, 3 Yr. CAGR %	-	133.65	137.46	109.82	71.41
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-31.13	-29.09	5.64	8.02
Accounts Receivable, 3 Yr. CAGR %	-	-	-	5.81	3.62
Total Assets, 3 Yr. CAGR %	-	7.47	9.37	11.55	9.99
Common Equity, 3 Yr. CAGR %	-	141.03	258.69	129.07	123.88
Tangible Book Value, 3 Yr. CAGR %	-	57.56	153.02	129.37	124.02
Cash From Operations, 3 Yr. CAGR %	-	-34.19	0.09	-31.31	34.21
Capital Expenditures, 3 Yr. CAGR %	-	-34.45	-7.51	-10.64	2.71
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-9.48	-13.13	32.44
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-21.83	-13.1	32.57
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	100
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	8.29	6.76
Gross Profit, 5 Yr. CAGR %	-	-	-	15.86	9.6
EBITDA, 5 Yr. CAGR %	-	-	-	144.19	32.52
EBITA, 5 Yr. CAGR %	-	-	-	152.96	32.97
EBIT, 5 Yr. CAGR %	-	-	-	152.96	32.97
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	89.89	39.89
Net Income, 5 Yr. CAGR %	-	-	-	121.47	74.23
Normalized Net Income, 5 Yr. CAGR %	-	-	-	43.84	38.8
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	121.47	74.23
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-17.86	-16.03
Total Assets, 5 Yr. CAGR %	-	-	-	9.18	10.09
Common Equity, 5 Yr. CAGR %	-	-	-	152.28	163.49
Tangible Book Value, 5 Yr. CAGR %	-	-	-	95.55	113.72
Cash From Operations, 5 Yr. CAGR %	-	-	-	14.5	-29.99
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-21.32	-7.06
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	23.14
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	12.66