HDFC Life Insurance Company Limited
HDFC Life Insurance Company Limited provides individual and group insurance solutions in India. It offers insurance and investment products, such as protection, pension, savings, investment, annuity, and health, as well as term, investment, and life insurance plans. The company was formerly known as HDFC Standard Life Insurance Company Limited changed its name to HDFC Life Insurance Company Limit… Read more
HDFC Life Insurance Company Limited (HDFCLIFE) - Net Assets
Latest net assets as of December 2025: ₹176.01 Billion INR
Based on the latest financial reports, HDFC Life Insurance Company Limited (HDFCLIFE) has net assets worth ₹176.01 Billion INR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹3.89 Trillion) and total liabilities (₹3.72 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹176.01 Billion |
| % of Total Assets | 4.52% |
| Annual Growth Rate | 23.7% |
| 5-Year Change | 86.98% |
| 10-Year Change | 420.53% |
| Growth Volatility | 28.74 |
HDFC Life Insurance Company Limited - Net Assets Trend (2013–2025)
This chart illustrates how HDFC Life Insurance Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HDFC Life Insurance Company Limited (2013–2025)
The table below shows the annual net assets of HDFC Life Insurance Company Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹161.55 Billion | +10.15% |
| 2024-03-31 | ₹146.66 Billion | +12.88% |
| 2023-03-31 | ₹129.93 Billion | -16.78% |
| 2022-03-31 | ₹156.13 Billion | +80.71% |
| 2021-03-31 | ₹86.40 Billion | +26.93% |
| 2020-03-31 | ₹68.07 Billion | +20.63% |
| 2019-03-31 | ₹56.43 Billion | +19.16% |
| 2018-03-31 | ₹47.35 Billion | +23.76% |
| 2017-03-31 | ₹38.26 Billion | +23.29% |
| 2016-03-31 | ₹31.03 Billion | +22.12% |
| 2015-03-31 | ₹25.41 Billion | +5.97% |
| 2014-03-31 | ₹23.98 Billion | +90.51% |
| 2013-03-31 | ₹12.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HDFC Life Insurance Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1040.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹96.21 Billion | 59.56% |
| Common Stock | ₹21.53 Billion | 13.33% |
| Other Comprehensive Income | ₹4.84 Billion | 3.00% |
| Other Components | ₹38.96 Billion | 24.12% |
| Total Equity | ₹161.55 Billion | 100.00% |
HDFC Life Insurance Company Limited Competitors by Market Cap
The table below lists competitors of HDFC Life Insurance Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Budweiser Brewing Company APAC Limited
PINK:BDWBY
|
$7.10 Billion |
|
Kimberly-Clark de Mexico
PINK:KCDMY
|
$7.11 Billion |
|
Fluor Corporation
NYSE:FLR
|
$7.11 Billion |
|
PROCORE TECH.INC.DL-0001
F:5PT
|
$7.12 Billion |
|
Eisai Co. Ltd
PINK:ESALF
|
$7.09 Billion |
|
Nemetschek SE
PINK:NEMTF
|
$7.09 Billion |
|
Aspen Technology Inc
NASDAQ:AZPN
|
$7.08 Billion |
|
Ingredion Incorporated
NYSE:INGR
|
$7.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HDFC Life Insurance Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 146,663,510,000 to 161,546,200,000, a change of 14,882,690,000 (10.1%).
- Net income of 18,108,200,000 contributed positively to equity growth.
- Dividend payments of 4,990,100,000 reduced retained earnings.
- Share repurchases of 1,058,400,000 reduced equity.
- New share issuances of 1,064,800,000 increased equity.
- Other comprehensive income increased equity by 11,683,000.
- Other factors increased equity by 1,746,507,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹18.11 Billion | +11.21% |
| Dividends Paid | ₹4.99 Billion | -3.09% |
| Share Repurchases | ₹1.06 Billion | -0.66% |
| Share Issuances | ₹1.06 Billion | +0.66% |
| Other Comprehensive Income | ₹11.68 Million | +0.01% |
| Other Changes | ₹1.75 Billion | +1.08% |
| Total Change | ₹- | 10.15% |
Book Value vs Market Value Analysis
This analysis compares HDFC Life Insurance Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.56x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 42.67x to 8.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹15.05 | ₹642.30 | x |
| 2014-03-31 | ₹11.94 | ₹642.30 | x |
| 2015-03-31 | ₹12.65 | ₹642.30 | x |
| 2016-03-31 | ₹15.45 | ₹642.30 | x |
| 2017-03-31 | ₹19.05 | ₹642.30 | x |
| 2018-03-31 | ₹23.48 | ₹642.30 | x |
| 2019-03-31 | ₹27.95 | ₹642.30 | x |
| 2020-03-31 | ₹33.69 | ₹642.30 | x |
| 2021-03-31 | ₹42.72 | ₹642.30 | x |
| 2022-03-31 | ₹76.28 | ₹642.30 | x |
| 2023-03-31 | ₹60.89 | ₹642.30 | x |
| 2024-03-31 | ₹68.15 | ₹642.30 | x |
| 2025-03-31 | ₹75.03 | ₹642.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HDFC Life Insurance Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.21%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.01%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 21.63x
- Recent ROE (11.21%) is below the historical average (19.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 14.79% | 3.19% | 0.33x | 13.86x | ₹1.45 Billion |
| 2014 | 30.25% | 4.24% | 0.33x | 21.80x | ₹4.86 Billion |
| 2015 | 30.91% | 2.89% | 0.39x | 27.27x | ₹5.31 Billion |
| 2016 | 26.32% | 4.51% | 0.24x | 24.66x | ₹5.06 Billion |
| 2017 | 23.18% | 2.89% | 0.32x | 24.85x | ₹5.04 Billion |
| 2018 | 23.38% | 3.42% | 0.29x | 23.33x | ₹6.34 Billion |
| 2019 | 22.65% | 3.33% | 0.29x | 23.04x | ₹7.14 Billion |
| 2020 | 19.06% | 4.53% | 0.22x | 19.43x | ₹6.17 Billion |
| 2021 | 15.75% | 1.90% | 0.40x | 20.79x | ₹4.97 Billion |
| 2022 | 8.50% | 1.97% | 0.29x | 14.78x | ₹-2.34 Billion |
| 2023 | 10.53% | 1.95% | 0.28x | 19.08x | ₹689.62 Million |
| 2024 | 10.73% | 1.64% | 0.32x | 20.64x | ₹1.07 Billion |
| 2025 | 11.21% | 2.01% | 0.26x | 21.63x | ₹1.95 Billion |
Industry Comparison
This section compares HDFC Life Insurance Company Limited's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $252,953,079,785
- Average return on equity (ROE) among peers: 6.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HDFC Life Insurance Company Limited (HDFCLIFE) | ₹176.01 Billion | 14.79% | 21.11x | $7.09 Billion |
| ICICI Prudential Life Insurance Company Limited (ICICIPRULI) | $119.34 Billion | 9.93% | 25.33x | $2.49 Billion |
| Life Insurance Corporation Of India (LICI) | $1.28 Trillion | 37.90% | 43.40x | $2.30 Billion |
| Max Financial Services Limited (MFSL) | $3.04 Billion | -31.71% | 1.01x | $4.92 Billion |
| Niva Bupa Health Insurance Company Limited (NIVABUPA) | $39.26 Billion | 5.44% | 1.49x | $356.73 Million |
| Religare Enterprises Limited (RELIGARE) | $40.48 Billion | -1.18% | 5.78x | $446.38 Million |
| SBI Life Insurance Company Limited (SBILIFE) | $40.56 Billion | 20.09% | 17.27x | $21.64 Billion |