HDFC Life Insurance Company Limited (HDFCLIFE) - Net Assets

Latest as of December 2025: Rs176.01 Billion INR ≈ $1.90 Billion USD

Based on the latest financial reports, HDFC Life Insurance Company Limited (HDFCLIFE) has net assets worth Rs176.01 Billion INR (≈ $1.90 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.89 Trillion ≈ $42.08 Billion USD) and total liabilities (Rs3.72 Trillion ≈ $40.18 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 liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs176.01 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. Also explore HDFCLIFE current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of HDFC Life Insurance Company Limited.

Year	Net Assets	Change
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	--

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	Rs96.21 Billion	59.56%
Common Stock	Rs21.53 Billion	13.33%
Other Comprehensive Income	Rs4.84 Billion	3.00%
Other Components	Rs38.96 Billion	24.12%
Total Equity	Rs161.55 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
Union Bank of India NSE:UNIONBANK	$13.70 Billion
SK Telecom Co Ltd ADR NYSE:SKM	$13.71 Billion
SK Telecom Co Ltd KO:017670	$13.73 Billion
Wistron Corp TW:3231	$13.73 Billion
LTIMindtree Limited NSE:LTM	$13.69 Billion
Reinsurance Group of America NYSE:RGA	$13.66 Billion
Gjensidige Forsikring ASA OL:GJF	$13.66 Billion
CVC Capital Partners PLC AS:CVC	$13.65 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	Rs18.11 Billion	+11.21%
Dividends Paid	Rs4.99 Billion	-3.09%
Share Repurchases	Rs1.06 Billion	-0.66%
Share Issuances	Rs1.06 Billion	+0.66%
Other Comprehensive Income	Rs11.68 Million	+0.01%
Other Changes	Rs1.75 Billion	+1.08%
Total Change	Rs-	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: 7.82x
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 38.99x to 7.82x 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	Rs586.90	x
2014-03-31	Rs11.94	Rs586.90	x
2015-03-31	Rs12.65	Rs586.90	x
2016-03-31	Rs15.45	Rs586.90	x
2017-03-31	Rs19.05	Rs586.90	x
2018-03-31	Rs23.48	Rs586.90	x
2019-03-31	Rs27.95	Rs586.90	x
2020-03-31	Rs33.69	Rs586.90	x
2021-03-31	Rs42.72	Rs586.90	x
2022-03-31	Rs76.28	Rs586.90	x
2023-03-31	Rs60.89	Rs586.90	x
2024-03-31	Rs68.15	Rs586.90	x
2025-03-31	Rs75.03	Rs586.90	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	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

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: $389,492,910,250
Average return on equity (ROE) among peers: 7.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
HDFC Life Insurance Company Limited (HDFCLIFE)	Rs176.01 Billion	14.79%	21.11x	$13.69 Billion
ICICI Prudential Life Insurance Company Limited (ICICIPRULI)	$110.05 Billion	7.73%	26.17x	$8.05 Billion
Life Insurance Corporation Of India (LICI)	$1.28 Trillion	37.90%	43.40x	$54.58 Billion
Max Financial Services Limited (MFSL)	$3.04 Billion	-31.71%	1.01x	$5.92 Billion
SBI Life Insurance Company Limited (SBILIFE)	$169.85 Billion	14.21%	25.91x	$19.73 Billion

About HDFC Life Insurance Company Limited

NSE:HDFCLIFE India Insurance - Life

Market Cap

$13.69 Billion

Rs1.27 Trillion INR

Market Cap Rank

#1734 Global

#62 in India

Share Price

Rs586.90

Change (1 day)

-1.26%

52-Week Range

Rs566.10 - Rs814.30

All Time High

Rs814.30