SBI Life Insurance Company Limited has informed the Exchange regarding a press release dated April 22, 2026, titled "Performance for the year ended March 31, 2026".
SBILIFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SBI Life Insurance reported strong FY2026 results with 19% growth in Gross Written Premium to ₹1,012.9 billion. Individual New Business Premium grew 13% to ₹297.8 billion while maintaining private market leadership with 22.9% market share in Individual Rated Premium. Annualized Premium Equivalent (APE) stood at ₹242.7 billion with 13% growth. Value of New Business (VoNB) increased 12% to ₹66.7 billion with a stable margin of 27.5%. Indian Embedded Value grew 15% to ₹807.9 billion. Profit After Tax rose 2% to ₹24.7 billion. Assets Under Management grew 9% to ₹4.9 trillion. Persistency improved with 13th month persistency at 87.9% (up 53 bps) and 49th month persistency at 69.1% (up 107 bps). Solvency ratio remains robust at 1.90x against regulatory requirement of 1.50x.
SBI Life delivered solid premium growth and maintained market leadership position in the private life insurance segment. The modest 2% PAT growth despite strong top-line performance suggests cost pressures. However, the strong solvency ratio and improving persistency ratios indicate a healthy business fundamentals. The company's diversified distribution network (bancassurance 60%, agency 29%) and digital adoption (99.7%) support long-term sustainability.