- Net Income Growth: LIC’s net income reached 104.6 billion rupees in 1Q, showing a 9.6% increase year-over-year (YoY) compared to 95.4 billion rupees last year.
- Premium Income Surge: Net premium income grew by 16% YoY, amounting to 1.14 trillion rupees.
- Investment Income Rise: The company’s net investment income increased by 6.5% YoY, totaling 961.8 billion rupees.
- Improved Asset Quality: Gross non-performing assets (NPAs) decreased slightly to 1.95%, compared to 2.01% in the previous quarter.
- Stronger Solvency: Solvency ratio improved to 199%, up from 189% in the previous year.
- Significant Other Income Growth: Other income rose by 92% YoY, reaching 1.45 billion rupees.
- Analyst Recommendations: There are 13 buy ratings, 4 hold ratings, and 3 sell ratings for LIC.
A look at Life Insurance of India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Life Insurance of India is positioned favorably for long-term growth and stability. With top scores in Value and strong ratings in Dividend, Resilience, and Momentum, the company demonstrates a robust overall outlook. While Growth scored slightly lower, the company’s strong fundamentals and dividend payouts indicate a solid foundation for potential expansion.
Life Insurance of India, operated by the Life Insurance Corporation of India, offers a range of insurance products including life, pension, health, and micro insurance services to customers in India. The company’s high Value score reflects its attractive investment opportunity, supported by steady dividends, resilience in challenging market conditions, and positive momentum. These factors collectively suggest a promising long-term outlook for Life Insurance of India in the insurance sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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