Life Insurance Corporation Of India
Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It offers insurance plans, including endowment, whole life, term insurance plans, money back, and term assurance plans, as well as riders comprising accidental death and disability benefit, critical illness benefit, and premium waiver benefit riders. The company also provides pe… Read more
Life Insurance Corporation Of India (LICI) - Net Assets
Latest net assets as of September 2025: ₹8.51 Trillion INR
Based on the latest financial reports, Life Insurance Corporation Of India (LICI) has net assets worth ₹8.51 Trillion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹59.11 Trillion) and total liabilities (₹50.60 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 | ₹8.51 Trillion |
| % of Total Assets | 14.4% |
| Annual Growth Rate | 128.38% |
| 5-Year Change | 1725.85% |
| 10-Year Change | N/A |
| Growth Volatility | 185.54 |
Life Insurance Corporation Of India - Net Assets Trend (2019–2025)
This chart illustrates how Life Insurance Corporation Of India's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Life Insurance Corporation Of India (2019–2025)
The table below shows the annual net assets of Life Insurance Corporation Of India from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.28 Trillion | +53.80% |
| 2024-03-31 | ₹829.00 Billion | +78.86% |
| 2023-03-31 | ₹463.50 Billion | +304.50% |
| 2022-03-31 | ₹114.59 Billion | +64.09% |
| 2021-03-31 | ₹69.83 Billion | +535.93% |
| 2020-03-31 | ₹10.98 Billion | +22.35% |
| 2019-03-31 | ₹8.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Life Insurance Corporation Of India'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 175170.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.20 Trillion | 94.49% |
| Common Stock | ₹63.25 Billion | 4.97% |
| Other Comprehensive Income | ₹1.21 Trillion | 95.03% |
| Total Equity | ₹1.27 Trillion | 100.00% |
Life Insurance Corporation Of India Competitors by Market Cap
The table below lists competitors of Life Insurance Corporation Of India ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
iRay Technology Co Ltd
SHG:688301
|
$2.31 Billion |
|
Gruma S.A.B. de C.V.
MX:GRUMAB
|
$2.31 Billion |
|
Jet2 plc
PINK:DRTGF
|
$2.31 Billion |
|
Bosideng International Holdings Limited
F:3BD
|
$2.31 Billion |
|
Frasers Logistics & Commercial Trust
PINK:FRLOF
|
$2.30 Billion |
|
EZconn Corp
TW:6442
|
$2.30 Billion |
|
Country Garden Holdings Company Ltd
PINK:CTRYF
|
$2.30 Billion |
|
Fujian Wanchen Biotechnology Co. Ltd
SHE:300972
|
$2.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Life Insurance Corporation Of India's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 827,468,700,000 to 1,272,263,900,000, a change of 444,795,200,000 (53.8%).
- Net income of 483,203,300,000 contributed positively to equity growth.
- Dividend payments of 37,942,800,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,202,296,700,001.
- Other factors decreased equity by 1,202,762,000,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹483.20 Billion | +37.98% |
| Dividends Paid | ₹37.94 Billion | -2.98% |
| Other Comprehensive Income | ₹1.20 Trillion | +94.5% |
| Other Changes | ₹-1.20 Trillion | -94.54% |
| Total Change | ₹- | 53.75% |
Book Value vs Market Value Analysis
This analysis compares Life Insurance Corporation Of India'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: 4.45x
- 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 607.25x to 4.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | ₹1.28 | ₹777.35 | x |
| 2020-03-31 | ₹1.58 | ₹777.35 | x |
| 2021-03-31 | ₹10.88 | ₹777.35 | x |
| 2022-03-31 | ₹17.93 | ₹777.35 | x |
| 2023-03-31 | ₹73.10 | ₹777.35 | x |
| 2024-03-31 | ₹130.83 | ₹777.35 | x |
| 2025-03-31 | ₹174.84 | ₹777.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Life Insurance Corporation Of India 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): 37.98%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.42%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 44.49x
- Recent ROE (37.98%) is above the historical average (2.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 94.92% | 0.14% | 0.16x | 4232.88x | ₹6.88 Billion |
| 2020 | -319.60% | -0.51% | 0.18x | 3493.45x | ₹-33.02 Billion |
| 2021 | 43.20% | 0.43% | 0.18x | 556.30x | ₹22.86 Billion |
| 2022 | 36.38% | 0.56% | 0.17x | 375.19x | ₹29.91 Billion |
| 2023 | 77.86% | 4.52% | 0.17x | 99.03x | ₹313.73 Billion |
| 2024 | 49.45% | 4.82% | 0.16x | 64.24x | ₹326.41 Billion |
| 2025 | 37.98% | 5.42% | 0.16x | 44.49x | ₹355.98 Billion |
Industry Comparison
This section compares Life Insurance Corporation Of India's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $67,371,346,451
- Average return on equity (ROE) among peers: 2.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Life Insurance Corporation Of India (LICI) | ₹8.51 Trillion | 94.92% | 5.95x | $2.30 Billion |
| HDFC Life Insurance Company Limited (HDFCLIFE) | $161.55 Billion | 11.21% | 20.63x | $6.91 Billion |
| ICICI Prudential Life Insurance Company Limited (ICICIPRULI) | $119.34 Billion | 9.93% | 25.33x | $2.45 Billion |
| Max Financial Services Limited (MFSL) | $3.04 Billion | -31.71% | 1.01x | $4.89 Billion |
| Niva Bupa Health Insurance Company Limited (NIVABUPA) | $39.26 Billion | 5.44% | 1.49x | $357.03 Million |
| Religare Enterprises Limited (RELIGARE) | $40.48 Billion | -1.18% | 5.78x | $435.75 Million |
| SBI Life Insurance Company Limited (SBILIFE) | $40.56 Billion | 20.09% | 17.27x | $21.33 Billion |