SBI Life Insurance Company logo

SBI Life Insurance Company share price

NSE: SBILIFEBSE: 540719InsuranceLarge Cap

Last close ₹1,640.00down ₹2.90 (0.18%)BSE ₹1,645.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,642.90.

52-week range of traded prices to 23 Oct 2026
₹1,607.70Low, 23 Oct 2026₹2,132.00High, 23 Feb 2026
Market cap
₹1,64,558 Cr45th largest listed
P/E
63.3
P/B
8.2
Dividend yield
0.16%
ROE
13.7%
Solvency
1.96times the capital required
Gross premium
₹1,01,286 Cr
First-year premium
₹21,841 Cr
Expense ratio
10.59%
Persistency, 13 months
88%
Conservation
85%
Volume, NSE
9,80,26553.4% delivered

Share price

Daily closes since Oct 2017, adjusted for splits and bonuses

−11.5%over a year

Results20-session average 15,29,131 shares a day, 59.6% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter. Gross premium is what policyholders paid in the period, before the part passed on to reinsurers.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 24 Jul

Gross premium
₹21,290 Cr
Net profit
₹725 Crdown 9.91%

Gross premium by year

Peak gross premium ₹1,01,286 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 23 OctDec 2024Filed 17 JanMar 2025Filed 24 AprJun 2025Filed 24 JulSep 2025Filed 24 OctDec 2025Filed 28 JanMar 2026Filed 22 AprJun 2026Filed 24 Jul
Gross premium20,41324,99824,00217,81425,08430,44927,93921,290
Net profit529551814594495577805725
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of net premium, year to Mar 2026, standalone.Segment revenue and profit

  • Linked Individual Life₹42,782 Crup 22.90%42.8%
  • Non Participating Life₹18,704 Crup 21.04%18.7%
  • Non Participating Group Life₹12,180 Crup 22.50%12.2%
  • Linked Pension₹10,172 Crdown 11.15%10.2%
  • Participating Life₹7,528 Crup 14.77%7.5%
  • Non Participating Annuity₹7,034 Crup 34.14%7.0%
  • Linked Group Life₹1,253 Cr1.3%
  • Participating Pension₹241 Cr0.2%
  • Non Participating VIP₹24 Cr0.0%
  • Non Participating Health₹16 Cr0.0%
  • Participating VIP₹13 Cr0.0%
  • Non Participating Pension₹8 Cr0.0%
The pill is the change in net premium on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: not used for a lender or an insurer.PE ratio and valuation history

Price to earnings

At or below today's level on 4% of 1,103 trading days over the last 5 years.

LowestHighest
Its median75.1Industry median35.8
Price to book

At or below today's level on 2% of 1,866 trading days since Feb 2018.

LowestHighest
Its median10.0Industry median4.2
Dividend yield

At or below today's level on 40% of 2,169 trading days since Jan 2018.

LowestHighest
Its median0.18%Industry median0.79%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+15.0%+2.3%+12.3%0.2%
3 years+17.5%+12.7%+4.0%0.2%
5 years+15.3%+11.1%+3.6%0.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters55.31%
  • Foreign institutions20.68%
  • Indian institutions20.07%
  • Individuals and others3.94%
Holder
STATE BANK OF INDIAPromoter55.31%
GOVERNMENT OF SINGAPOREForeign portfolio investors, category I3.27%
NPS TRUST SCHEMESProvident and pension funds2.18%
MACRITCHIE INVESTMENTS PTE LTDForeign companies1.50%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

375 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 154 of the 215 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
2
Bought again
8
Added
118
Cut
97
Held unchanged
147
Sold out
11
Fund
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund2,08,12,1843.25%₹3,530.6 Cr
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund87,17,5710.73%₹1,478.8 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Value FundICICI Prudential Mutual Fund77,86,1342.31%₹1,320.8 Cr
ICICI Prudential Mutual Fund logoICICI Prudential India Opportunities FundICICI Prudential Mutual Fund64,84,1693.02%₹1,100.0 Cr
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund53,33,8090.88%₹904.8 Cr
Mirae Asset Mutual Fund logoMirae Asset Large & Midcap FundMirae Asset Mutual Fund51,24,3382.03%₹869.3 Cr
HDFC Mutual Fund logoHDFC Focused FundHDFC Mutual Fund47,28,3173.02%₹802.1 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund40,77,8410.91%₹691.8 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual Fund35,71,1911.19%₹605.8 Cr
Nippon India Mutual Fund logoNippon India Large Cap FundNippon India Mutual Fund33,61,3331.11%₹570.2 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Insurance, 13 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to SBI Life Insurance Company in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Life Insurance Corporation of India logoLife Insurance Corporation of IndiaLICI4,82,5978.02.5–+10.3%+23.3%36.3%–2.62%
HDFC Life Insurance Company logoHDFC Life Insurance CompanyHDFCLIFE1,13,78955.55.8–+17.8%+8.2%11.2%–0.40%
ICICI Lombard General Insurance Company logoICICI Lombard General Insurance CompanyICICIGI79,53931.14.4–+14.3%−8.8%15.2%–0.88%
ICICI Life Insurance logoICICI Life InsuranceICICILIFE61,27134.84.2–+15.2%+34.0%12.9%–0.39%
General Insurance Corporation of India logoGeneral Insurance Corporation of IndiaGICRE56,7996.40.9–+4.3%+4.0%15.8%–4.09%
Max Financial Services logoMax Financial ServicesMFSL41,804–7.9159.8+4.9%––3.1%0.00%
Star Health and Allied Insurance Company logoStar Health and Allied Insurance CompanySTARHEALTH31,21837.04.1––+43.2%11.6%–0.00%
The New India Assurance Company logoThe New India Assurance CompanyNIACL26,33536.71.1–+10.5%−36.6%3.0%–0.94%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹2.70 a share, years to Mar 2024, Mar 2025 and Mar 2026.
Ex-dateTypePer share
6 Mar 2026Interim₹2.70
7 Mar 2025Interim₹2.70
15 Mar 2024Interim₹2.70
16 Mar 2023Interim₹2.50
29 Mar 2022Interim₹2.00
5 Apr 2021Interim₹2.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

SBI Life Insurance Company share price by year

Each calendar year to 2025.SBI Life Insurance Company share price history

YearClose at year endChangeHighest closeLowest close
20252,034.90+46.4%2,036.001,385.55
20241,390.40−2.9%1,928.651,338.85
20231,432.60+16.3%1,481.451,062.65
20221,231.30+3.0%1,331.551,025.20
20211,196.00+32.3%1,261.95849.05
2020904.25−6.0%1,007.80539.20
2019961.60+60.8%1,014.35559.40
2018597.85−14.0%766.10511.60
2017695.35–707.55631.60
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 3 Oct 2017.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,637.001,651.101,607.701,640.001,625.209,80,26553.4%
22 Oct 20261,647.801,652.201,619.501,642.901,637.2410,66,63955.7%
21 Oct 20261,613.001,672.001,612.901,661.001,658.688,04,87350.0%
19 Oct 20261,656.001,659.001,635.301,647.801,647.179,48,95952.9%
16 Oct 20261,661.801,678.701,637.301,656.801,661.1626,82,05970.3%
15 Oct 20261,657.701,674.501,650.001,661.801,666.0516,30,19060.2%
14 Oct 20261,672.001,680.401,634.501,650.001,655.5015,87,23157.8%
13 Oct 20261,681.101,696.601,666.501,687.201,684.1015,99,30763.8%
12 Oct 20261,688.901,700.501,658.001,680.801,671.448,09,69262.3%
9 Oct 20261,677.701,708.001,672.401,684.601,692.0612,04,47956.2%
Prices in ₹ per share as traded, not adjusted.

About SBI Life Insurance Company

SBI Life Insurance Company Limited is a life insurer registered with the Insurance Regulatory and Development Authority of India. It sells life insurance and annuity products to individuals and businesses across India and covers 85.2 million lives. Its range includes individual life insurance, group insurance, pension plans, savings plans, protection plans and health-related insurance.

Its new business falls into three segments. Participating plans offer variable returns linked to the insurer's performance. Non-participating plans provide fixed benefits and cover individual savings, group savings and protection. Unit-linked plans (ULIPs) offer returns tied directly to the performance of underlying debt and equity investments. Group savings plans cover gratuity, superannuation and employee benefit solutions. Its offerings are grouped as protection, savings, child, wealth and retirement plans, and it has 26 individual and 9 group products.

It operates in 28 states and 7 union territories through 1,230 offices. It sells through partner banks (bancassurance), agents, corporate agents, brokers and digital partnerships. Its bancassurance partners include State Bank of India and Regional Rural Banks, and it has over 40,500 banking partner branches. Its agency force numbers 2,82,001 agents.

It was incorporated in 2000 and has been listed on NSE and BSE since October 2017. It has no subsidiary companies. State Bank of India is its promoter. A promoter is the person or group that set up a company or controls it. The bank holds a majority of its shares, and the company is a listed subsidiary of the bank.

Legal name
SBI Life Insurance Company Limited
NSE symbol
SBILIFE
BSE code
540719
ISIN
INE123W01016
Industry
Insurance
Listed
Oct 2017
Face value
₹10
CIN
L99999MH2000PLC129113
Corporate identity number, the registrar of companies' code for it