HDFC Life Insurance Company Limited (HDFCLIFE) - Net Assets
Based on the latest financial reports, HDFC Life Insurance Company Limited (HDFCLIFE) has net assets worth Rs177.50 Billion INR (≈ $1.92 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.91 Trillion ≈ $42.23 Billion USD) and total liabilities (Rs3.73 Trillion ≈ $40.31 Billion USD). 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. Check HDFC Life Insurance Company Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs177.50 Billion |
| % of Total Assets | 4.55% |
| Annual Growth Rate | 22.58% |
| 5-Year Change | 13.68% |
| 10-Year Change | 363.88% |
| Growth Volatility | 27.97 |
HDFC Life Insurance Company Limited - Net Assets Trend (2013–2026)
This chart illustrates how HDFC Life Insurance Company Limited's net assets have evolved over time, based on quarterly financial data. See HDFC Life Insurance Company Limited (HDFCLIFE) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for HDFC Life Insurance Company Limited (2013–2026)
The table below shows the annual net assets of HDFC Life Insurance Company Limited from 2013 to 2026. For live valuation and market cap data, see market value of HDFC Life Insurance Company Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs177.50 Billion ≈ $1.92 Billion |
+9.87% |
| 2025-03-31 | Rs161.55 Billion ≈ $1.75 Billion |
+10.15% |
| 2024-03-31 | Rs146.66 Billion ≈ $1.59 Billion |
+12.88% |
| 2023-03-31 | Rs129.93 Billion ≈ $1.41 Billion |
-16.78% |
| 2022-03-31 | Rs156.13 Billion ≈ $1.69 Billion |
+80.71% |
| 2021-03-31 | Rs86.40 Billion ≈ $934.36 Million |
+26.93% |
| 2020-03-31 | Rs68.07 Billion ≈ $736.11 Million |
+20.63% |
| 2019-03-31 | Rs56.43 Billion ≈ $610.23 Million |
+19.16% |
| 2018-03-31 | Rs47.35 Billion ≈ $512.10 Million |
+23.76% |
| 2017-03-31 | Rs38.26 Billion ≈ $413.80 Million |
+23.29% |
| 2016-03-31 | Rs31.03 Billion ≈ $335.63 Million |
+22.12% |
| 2015-03-31 | Rs25.41 Billion ≈ $274.83 Million |
+5.97% |
| 2014-03-31 | Rs23.98 Billion ≈ $259.34 Million |
+90.51% |
| 2013-03-31 | Rs12.59 Billion ≈ $136.13 Million |
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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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs21.58 Billion | 12.16% |
| Other Comprehensive Income | Rs2.89 Billion | 1.63% |
| Other Components | Rs153.03 Billion | 86.21% |
| Total Equity | Rs177.50 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 |
|---|---|
|
Innolux Corp
TW:3481
|
$13.40 Billion |
|
CP ALL Public Company Limited
BK:CPALL-R
|
$13.41 Billion |
|
Punjab National Bank
NSE:PNB
|
$13.42 Billion |
|
Inspur Electronic Info Industr
SHE:000977
|
$13.42 Billion |
|
Onto Innovation Inc
NYSE:ONTO
|
$13.40 Billion |
|
Argen-X
LSE:0QW0
|
$13.37 Billion |
|
Ares Capital Corporation
NASDAQ:ARCC
|
$13.37 Billion |
|
Everest Group Ltd
NYSE:EG
|
$13.36 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 2025 to 2026, total equity changed from 161,546,200,000 to 177,495,400,000, a change of 15,949,200,000 (9.9%).
- Net income of 19,123,200,000 contributed positively to equity growth.
- New share issuances of 2,581,300,000 increased equity.
- Other comprehensive income decreased equity by 1,950,600,000.
- Other factors decreased equity by 3,804,700,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs19.12 Billion | +10.77% |
| Share Issuances | Rs2.58 Billion | +1.45% |
| Other Comprehensive Income | Rs-1.95 Billion | -1.1% |
| Other Changes | Rs-3.80 Billion | -2.14% |
| Total Change | Rs- | 9.87% |
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: 6.98x
- 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 38.16x to 6.98x 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 | Rs15.05 | Rs574.40 | x |
| 2014-03-31 | Rs11.94 | Rs574.40 | x |
| 2015-03-31 | Rs12.65 | Rs574.40 | x |
| 2016-03-31 | Rs15.45 | Rs574.40 | x |
| 2017-03-31 | Rs19.05 | Rs574.40 | x |
| 2018-03-31 | Rs23.48 | Rs574.40 | x |
| 2019-03-31 | Rs27.95 | Rs574.40 | x |
| 2020-03-31 | Rs33.69 | Rs574.40 | x |
| 2021-03-31 | Rs42.72 | Rs574.40 | x |
| 2022-03-31 | Rs76.28 | Rs574.40 | x |
| 2023-03-31 | Rs60.89 | Rs574.40 | x |
| 2024-03-31 | Rs68.15 | Rs574.40 | x |
| 2025-03-31 | Rs75.03 | Rs574.40 | x |
| 2026-03-31 | Rs82.24 | Rs574.40 | 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): 10.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.91%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 22.00x
- Recent ROE (10.77%) is below the historical average (18.43%), 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 | Rs1.45 Billion |
| 2014 | 30.25% | 4.24% | 0.33x | 21.80x | Rs4.86 Billion |
| 2015 | 30.91% | 2.89% | 0.39x | 27.27x | Rs5.31 Billion |
| 2016 | 26.32% | 4.51% | 0.24x | 24.66x | Rs5.06 Billion |
| 2017 | 23.18% | 2.89% | 0.32x | 24.85x | Rs5.04 Billion |
| 2018 | 23.38% | 3.42% | 0.29x | 23.33x | Rs6.34 Billion |
| 2019 | 22.65% | 3.33% | 0.29x | 23.04x | Rs7.14 Billion |
| 2020 | 19.06% | 4.53% | 0.22x | 19.43x | Rs6.17 Billion |
| 2021 | 15.75% | 1.90% | 0.40x | 20.79x | Rs4.97 Billion |
| 2022 | 8.50% | 1.97% | 0.29x | 14.78x | Rs-2.34 Billion |
| 2023 | 10.53% | 1.95% | 0.28x | 19.08x | Rs689.62 Million |
| 2024 | 10.73% | 1.64% | 0.32x | 20.64x | Rs1.07 Billion |
| 2025 | 11.21% | 2.01% | 0.26x | 21.63x | Rs1.95 Billion |
| 2026 | 10.77% | 1.91% | 0.26x | 22.00x | Rs1.37 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: $219,485,116,800
- Average return on equity (ROE) among peers: 18.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HDFC Life Insurance Company Limited (HDFCLIFE) | Rs177.50 Billion | 14.79% | 21.00x | $13.40 Billion |
| ICICI Prudential Life Insurance Company Limited (ICICIPRULI) | $71.07 Billion | 16.03% | 22.03x | $7.68 Billion |
| Life Insurance Corporation Of India (LICI) | $829.00 Billion | 49.36% | 63.13x | $56.23 Billion |
| Max Financial Services Limited (MFSL) | $64.03 Billion | 5.11% | 28.67x | $5.99 Billion |
| SBI Life Insurance Company Limited (SBILIFE) | $116.22 Billion | 12.96% | 22.52x | $19.18 Billion |
| Star Health and Allied Insurance Company Limited (STARHEALTH) | $17.10 Billion | 7.99% | 0.01x | $3.32 Billion |
About 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