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SBI Life Insurance Company Ltd

SBILIFE · Insurance (Life) · INE123W01016

Analyst mean 1.46 · 35 analysts · 57% bullish
₹1,894.90
Close 2026-07-31 · Moderate risk

Reading the Statements forensic interpretation

What the numbers mean when read together — computed from the filings, not a score.

Operating cash flow backs the profit

Operating cash flow is 1327% of trailing profit — the earnings are converting to cash, not just accruals.

Full read

Last operating cash flow ₹34,523 cr against trailing net profit ₹2,602 cr. A ratio at or above ~0.9 means reported profit is showing up as real cash.

Generates free cash

Free cash flow is positive and consistent — the business funds itself after capex.

Full read

Latest free cash flow ₹34,338 cr. Negative in only 0 of 12 years. A self-funding business needs less external capital and dilutes less.

Other income is a big part of profit

Other income is 70% of pre-tax profit — a large share of the profit comes from outside the core operating business.

Full read

Trailing other income ₹1,992 cr against pre-tax profit ₹2,834 cr. High other-income dependence means the headline profit is flattered by treasury, one-offs, or non-operating items rather than the core business.

Price & Valuation 10-year, split-adjusted

Markers show corporate actions (splits, bonus, dividends). Prices are split-adjusted so the series is continuous.

Valuation & Quality

Ownership & Skin in the Game

Promoter55.32% ▼ 0.01
FII20.95%
DII
Mutual Funds15.87%

Quarterly Financials ₹ cr

MetricSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue40,30218,86223,07138,99623,11546,1334,07146,337
Expenses39,69618,26623,52038,33322,60045,5175,11745,579
Other Income-4-31,350-816271,91336
Depreciation00000000
Profit before tax601594901656532642867793
Net Profit529551814594495577805725
EPS5.285.508.125.934.935.758.027.23

Balance Sheet ₹ cr, annual

ItemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1,0001,0001,0011,0011,0021,003
Reserves9,40010,62212,01713,90715,98318,083
Borrowings000000
Fixed Assets564919520551580647
CWIP13161041
Investments218,756264,437304,334385,590447,467486,367
Total Assets226,830273,337314,599398,277457,095500,046
DISCLAIMER: FinMinutes is a financial data and analytics platform, not a SEBI-registered investment adviser. Everything here is for educational and informational purposes. Forensic interpretations are computed from disclosed data and are not recommendations. Do your own due diligence.