Projected Income Statement: Life Insurance Corporation of India

Forecast Balance Sheet: Life Insurance Corporation of India

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 - -454,986 -418,245 -698,847 -561,286 -545,116 -579,042
Change - - 8.08% -67.09% 19.68% 2.88% -6.22%
Announcement Date 5/30/22 5/24/23 5/27/24 5/27/25 - - -
1INR in Million
Estimates

Cash Flow Forecast: Life Insurance Corporation of India

Fiscal Period: March 2020 2021 2022 2023 2024 2025
CAPEX 1 11,203 10,761 7,169 8,865 7,678 7,767
Change - -3.94% -33.37% 23.65% -13.39% 1.17%
Free Cash Flow (FCF) 1 148,345 446,131 -185,138 110,022 291,302 419,948
Change - 200.74% -141.5% 159.43% 164.77% 44.16%
Announcement Date 2/13/22 2/13/22 9/1/22 7/28/23 7/26/24 7/30/25
1INR in Million
Estimates

Forecast Financial Ratios: Life Insurance Corporation of India

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028

Profitability

       
EBITDA Margin (%) - 4.68% 4.86% 5.52% 4.04% 4.25% 4.37%
EBIT Margin (%) - 4.56% 4.79% 5.47% 4.78% 4.9% 4.97%
EBT Margin (%) - 4.56% 4.79% 5.47% 5.46% 5.46% 5.59%
Net margin (%) - 4.55% 4.77% 5.46% 5.32% 5.41% 5.6%
FCF margin (%) - - - - - - -
FCF / Net Income (%) - - - - - - -

Profitability

       
ROA - 0.83% 0.84% 0.89% 0.7% 0.76% 0.82%
ROE - 125.05% 63.45% 46.03% 32.54% 29.33% 27.39%

Financial Health

       
Leverage (Debt/EBITDA) - - - - - - -
Debt / Free cash flow - - - - - - -

Capital Intensity

       
CAPEX / Current Assets (%) - - - - - - -
CAPEX / EBITDA (%) - - - - - - -
CAPEX / FCF (%) - - - - - - -

Items per share

       
Cash flow per share 1 - - - - - - -
Change - - - - - - -
Dividend per Share 1 - 3 4 12 12.04 13.15 14.7
Change - - 33.33% 200% 0.3% 9.28% 11.76%
Book Value Per Share 1 - 73.1 130.8 201.1 255.3 315.2 382.5
Change - - 78.98% 53.75% 26.92% 23.48% 21.35%
EPS 1 6.52 56.91 64.69 76.4 80.66 89.25 101
Change - 772.85% 13.67% 18.1% 5.57% 10.66% 13.11%
Nbr of stocks (in thousands) - 6,324,998 6,324,998 6,324,998 6,324,998 6,324,998 6,324,998
Announcement Date 5/30/22 5/24/23 5/27/24 5/27/25 - - -
1INR
Estimates
2026 *2027 *
P/E ratio 9.98x 9.02x
PBR 3.15x 2.55x
EV / Sales 0.48x 0.45x
Yield 1.5% 1.63%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
805.00INR
Average target price
1,045.54INR
Spread / Average Target
+29.88%

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. LICI Stock
  4. Financials Life Insurance Corporation of India