HDFC Life Insurance Company Ltd (HDFCLIFE) Stock Price, Fundamentals, Valuation & Analysis

🧬 TickerPulse Stock DNA

8-pillar deterministic fundamental framework with transparent methodology

Composite: Not available

⚡ What Changed? (Recent Signal Radar)

Real-time delta analysis across price discovery, institutional flows, and disclosures

Evidence-Backed Signals • Q3 FY25

Price Move ↑

+1.44%

Short-term demand accumulation with positive intraday momentum.

Inspect Evidence →

Institutional Flow (FII/DII) 🏛️

Holding at 19.3%

Foreign & domestic institutions retain solid allocation across top-tier funds.

Inspect Evidence →

Capital Productivity ⚙️

ROE: 11.3%

Double-digit return on equity ensures sustainable organic balance sheet expansion.

Inspect Evidence →

Exchange Filings & Disclosures 📑

3 Verified Filings

Audited annual reports and earnings presentations submitted to BSE & NSE on schedule.

Inspect Evidence →

Forensic Solvency Radar 🛡️

0 Red Flags Detected

Piotroski health score and debt service coverage pass all standard regulatory thresholds.

Inspect Evidence →

📈 Price & Technical Intelligence

Interactive price action with toggleable 50/200 DMA, VWAP, Bollinger Bands, Volume, and RSI overlays

Overlays: 50 DMA 200 DMA Volume VWAP Bollinger (20,2) RSI (14)

Daily OHLC history · Upstox · Latest session: 09 Nov 2026

50-Day DMA ● Overlay

₹553.48

200-Day DMA ● Overlay

₹513.33

14-Day RSI ● Overlay

57 (Neutral)

Trend Signal

Strong Bullish

📐 Key Fundamentals & Valuation Multiples

Core financial metrics computed from live market prices and audited regulatory filings

Source: Exchange Disclosures • Q3 FY25

Market Cap Live Size

₹1.16 Lakh Cr

Large cap

Stock P/E (TTM) Valuation

58.8x

Price / EPS

Book Value (₹) Assets

₹90.0

P/B: 5.9x

ROE (%) Quality

11.3%

Net Profit / Equity

ROCE (%) Efficiency

10.3%

EBIT / Capital

Dividend Yield Yield

0.39%

Face Value: ₹10

Debt / Equity Solvency

0.17x

Manageable

EPS (TTM) Per Share

₹9.09

Trailing 12M

OPM (%) Spread

1.2%

EBITDA Margin

Free Cash Flow Cash

₹22,341 Cr

CFO - Capex

About HDFC Life Insurance Company Ltd

HDFC Life Insurance Company Ltd (HDFCLIFE) is an Indian publicly listed company operating in the Financial Services sector.

🧬 DuPont 3-Stage ROE Decomposition:

Margin: 0.9% × Turnover: 0.85x × Leverage: 1.17x = ROE: 11.3%

✓ Company Strengths (Pros)

• Company has maintained a healthy low debt-to-equity ratio of 0.17.
• TickerPulse fundamental algorithm rates overall quality at 80/100.

⚠ Key Considerations & Risks (Cons)

• Stock is trading at a premium of 5.9x its book value.
• Commanding an elevated valuation multiple with P/E at 58.8x.

📑 10-Year Comprehensive Financial Statements

✓ 100% Coverage (15/15 Metrics)

Audited financial statements • Latest: Q3 FY25 (Dec 2024) / Audited FY24 • Source: Company Disclosures & BSE

Latest Sales

₹1.04 Lakh Cr

Latest PAT

₹1,975 Cr

EPS (TTM)

₹9.09

OPM %

1.2%

5Y Sales CAGR

14%

5Y Profit CAGR

18%

Swipe → to view historical periods

Quarter (₹ Cr)	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales / Revenue	₹23,371 Cr	₹23,142 Cr	₹26,927 Cr	₹28,041 Cr	₹26,934 Cr	₹28,497 Cr	₹17,300 Cr	₹24,191 Cr	₹29,463 Cr	₹20,651 Cr	₹29,428 Cr	₹19,890 Cr	₹33,759 Cr
Operating Profit (EBITDA)	₹326.00 Cr	-₹415.00 Cr	₹264.00 Cr	₹275.00 Cr	₹311.00 Cr	-₹310.00 Cr	₹448.00 Cr	₹377.00 Cr	₹439.00 Cr	₹315.00 Cr	₹271.00 Cr	₹108.00 Cr	₹506.00 Cr
OPM %	1.4%	-1.8%	1.0%	1.0%	1.2%	-1.1%	2.6%	1.6%	1.5%	1.5%	0.9%	0.6%	1.5%
Interest Expense	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Depreciation	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Profit before Tax (PBT)	₹440.00 Cr	-₹279.00 Cr	₹367.00 Cr	₹450.00 Cr	₹401.00 Cr	-₹30.00 Cr	₹419.00 Cr	₹500.00 Cr	₹604.00 Cr	₹471.00 Cr	₹445.00 Cr	₹537.00 Cr	₹677.00 Cr
Net Profit (PAT)	₹417.00 Cr	₹378.00 Cr	₹368.00 Cr	₹412.00 Cr	₹479.00 Cr	₹435.00 Cr	₹421.00 Cr	₹475.00 Cr	₹548.00 Cr	₹448.00 Cr	₹418.00 Cr	₹497.00 Cr	₹611.00 Cr
EPS in ₹	₹1.94	₹1.76	₹1.71	₹1.91	₹2.23	₹2.02	₹1.96	₹2.21	₹2.54	₹2.08	₹1.94	₹2.31	₹2.81

Annual P&L (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	₹27,215 Cr	₹18,141 Cr	₹30,647 Cr	₹32,260 Cr	₹38,855 Cr	₹29,380 Cr	₹71,528 Cr	₹67,126 Cr	₹70,207 Cr	₹1.01 Lakh Cr	₹96,922 Cr	₹99,432 Cr	₹1.04 Lakh Cr
Expenses	₹26,341 Cr	₹17,187 Cr	₹29,674 Cr	₹31,186 Cr	₹37,640 Cr	₹28,239 Cr	₹70,294 Cr	₹66,348 Cr	₹70,127 Cr	₹1.01 Lakh Cr	₹95,894 Cr	₹97,679 Cr	₹1.03 Lakh Cr
Operating Profit	₹874.00 Cr	₹953.00 Cr	₹972.00 Cr	₹1,074 Cr	₹1,215 Cr	₹1,141 Cr	₹1,235 Cr	₹778.00 Cr	₹80.00 Cr	₹646.00 Cr	₹1,028 Cr	₹1,753 Cr	₹1,200 Cr
OPM %	3.2%	5%	3.2%	3.3%	3.1%	3.9%	1.7%	1.2%	0.1%	0.6%	1.1%	1.8%	1.2%
Interest	-₹14.00 Cr	₹8.00 Cr	₹9.00 Cr	₹11.00 Cr	₹14.00 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Depreciation	₹43.00 Cr	₹45.00 Cr	₹41.00 Cr	₹44.00 Cr	₹45.00 Cr	₹47.00 Cr	₹51.00 Cr	₹56.00 Cr	₹76.00 Cr	₹79.00 Cr	₹104.00 Cr	₹161.00 Cr	₹0 Cr
Profit before Tax	₹924.00 Cr	₹1,008 Cr	₹1,061 Cr	₹1,300 Cr	₹1,291 Cr	₹1,463 Cr	₹1,629 Cr	₹1,487 Cr	₹1,441 Cr	₹977.00 Cr	₹1,290 Cr	₹2,057 Cr	₹2,130 Cr
Net Profit	₹786.00 Cr	₹817.00 Cr	₹887.00 Cr	₹1,107 Cr	₹1,278 Cr	₹1,297 Cr	₹1,361 Cr	₹1,327 Cr	₹1,368 Cr	₹1,574 Cr	₹1,811 Cr	₹1,912 Cr	₹1,975 Cr
EPS in Rs	3.94	4.09	4.44	5.50	6.33	6.43	6.73	6.28	6.37	7.32	8.41	8.86	9.14

Balance Sheet (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	₹1,995 Cr	₹1,995 Cr	₹1,998 Cr	₹2,012 Cr	₹2,017 Cr	₹2,019 Cr	₹2,021 Cr	₹2,113 Cr	₹2,149 Cr	₹2,151 Cr	₹2,153 Cr	₹2,158 Cr
Reserves & Surplus	₹546.00 Cr	₹1,108 Cr	₹1,828 Cr	₹2,693 Cr	₹3,625 Cr	₹4,788 Cr	₹6,619 Cr	₹13,501 Cr	₹10,844 Cr	₹12,515 Cr	₹14,002 Cr	₹15,592 Cr
Borrowings (Debt)	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹600.00 Cr	₹600.00 Cr	₹950.00 Cr	₹950.00 Cr	₹2,950 Cr	₹3,099 Cr
Total Liabilities	₹69,309 Cr	₹76,544 Cr	₹95,097 Cr	₹1.10 Lakh Cr	₹1.30 Lakh Cr	₹1.32 Lakh Cr	₹1.80 Lakh Cr	₹2.31 Lakh Cr	₹2.48 Lakh Cr	₹3.03 Lakh Cr	₹3.49 Lakh Cr	₹3.91 Lakh Cr
Fixed Assets	₹346.00 Cr	₹335.00 Cr	₹337.00 Cr	₹336.00 Cr	₹370.00 Cr	₹322.00 Cr	₹585.00 Cr	₹6,605 Cr	₹997.00 Cr	₹1,549 Cr	₹2,143 Cr	₹2,716 Cr
Total Assets	₹69,309 Cr	₹76,544 Cr	₹95,097 Cr	₹1.10 Lakh Cr	₹1.30 Lakh Cr	₹1.32 Lakh Cr	₹1.80 Lakh Cr	₹2.31 Lakh Cr	₹2.48 Lakh Cr	₹3.03 Lakh Cr	₹3.49 Lakh Cr	₹3.91 Lakh Cr

Cash Flows (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operations (CFO)	₹4,459 Cr	₹5,687 Cr	₹6,230 Cr	₹6,739 Cr	₹9,868 Cr	₹7,388 Cr	₹9,703 Cr	₹5,943 Cr	₹6,883 Cr	₹10,721 Cr	₹15,597 Cr	₹22,625 Cr
Cash from Investing (CFI)	-₹3,514 Cr	-₹3,962 Cr	-₹5,177 Cr	-₹4,421 Cr	-₹10,182 Cr	-₹7,789 Cr	-₹8,952 Cr	-₹801.00 Cr	-₹10,071 Cr	-₹13,622 Cr	-₹13,633 Cr	-₹23,849 Cr
Cash from Financing (CFF)	-₹168.00 Cr	-₹212.00 Cr	-₹236.00 Cr	-₹196.00 Cr	-₹337.00 Cr	₹38.00 Cr	₹678.00 Cr	-₹238.00 Cr	₹1,985 Cr	-₹403.00 Cr	₹1,607 Cr	-₹275.00 Cr
Free Cash Flow (FCF)	₹4,352 Cr	₹5,654 Cr	₹6,183 Cr	₹6,706 Cr	₹9,825 Cr	₹7,351 Cr	₹9,643 Cr	₹5,887 Cr	₹6,797 Cr	₹10,587 Cr	₹15,300 Cr	₹22,341 Cr

Efficiency Ratios	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days (DSO)	0	0	0	0	2	0	0	0	0	0	0	0
Inventory Days	0	0	0	0	0	0	0	0	0	0	0	0
Cash Conversion Cycle (Days)	0	0	0	0	2	0	0	0	0	0	0	0
ROCE %	41%	36%	31%	31%	23%	24%	20%	12%	10%	5%	7%	10%

🎯 Valuation Lab & Sensitivity Matrix

Intrinsic DCF: ₹138.83 • Premium / Overvalued

Multi-model valuation framework (DCF, Graham Number, Historical P/E, EV/EBITDA) with sensitivity testing

Current Price

₹573.55

DCF Fair Value

₹138.83

Graham Number

₹135.67

Margin of Safety

-76%

Interactive Valuation Assumption Sliders:

Growth Rate (g): 12.0%

Discount Rate / WACC (d): 10.0%

Exit Multiple (P/E): 15.0x

Recalculated DCF Fair Value

₹138.83

Premium / Overvalued (Margin: -76%)

📊 DCF Sensitivity Matrix (Growth vs WACC)

Growth \ WACC	9%	10%	11%	12%
8%	₹135	₹134	₹133	₹131
10%	₹138	₹136	₹135	₹134
12%	₹140	₹139	₹138	₹136
14%	₹143	₹141	₹140	₹139

⚖️ Multi-Model Valuation Benchmark

Model	Estimated Value	Status
Discounted Cash Flow (DCF)	₹139	Fairly Valued
Benjamin Graham Number	₹136	Market Priced
Historical Sector P/E	₹200	Premium
EV / EBITDA Multiplier	₹602	In-Line
Free Cash Flow Yield Model	₹562	Fairly Valued

🛡️ Forensic Audit Radar & Red Flag Monitor

Piotroski: 5/9 (Stable Financials)

Deterministic accounting risk audit, Altman Z-Score bankruptcy predictor, and solvency checks

Piotroski Score

5 / 9 Pass

Altman Z-Score

4.71 (Safe Zone (Low Distress))

Promoter Pledge

0.0% Clean

Accounting Red Flags

0 Detected (Passed)

Balance Sheet Debt

Debt/Equity: 0.17x (Safe)

Promoter Pledge

Zero shares encumbered

Cash Flow Conversion

Positive Operating & Free Cash Flow

Auditor Opinion

Clean unqualified opinion from statutory auditors

Operating Margin Stability

Operating margin sustained at 1.2%

Contingent Liabilities

Disclosed off-balance items remain below 8% net worth

Receivables Cycle (DSO)

Debtor collection cycle within 30-45 day standard

Accounting Integrity (Beneish)

M-Score: -2.85 confirms healthy accounting standards

👥 Shareholding Pattern & Institutional Footprint

Dec 2024 Filing (BSE/NSE)

Institutional ownership distribution across Promoters, FIIs, DIIs, Government, and Public

Promoters

50.54%

FIIs (Foreign)

19.27%

DIIs (Domestic)

20.19%

Government

0.15%

Public / Retail

9.98%

Swipe → to view historical quarters

Category	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
+ Promoters	50.39%	50.37%	50.37%	50.37%	50.34%	50.32%	50.32%	50.28%	50.25%	50.21%	50.21%	50.54%
+ FIIs (Foreign Portfolio)	30.53%	31.28%	30.03%	26.63%	25.63%	25.14%	24.96%	24.75%	24.82%	24.27%	22.52%	19.27%
+ DIIs (Mutual Funds / Insurance)	6.87%	6.56%	7.93%	11.24%	13.25%	13.72%	14.10%	14.57%	14.59%	15.23%	17.25%	20.19%
+ Public (Retail & HNIs)	12.18%	11.76%	11.64%	11.74%	10.75%	10.76%	10.60%	10.37%	10.32%	10.25%	10.00%	9.98%
Total Equity	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%

🤖 Filings & AI Document Intelligence

7 Verified Disclosures

Audited exchange annual reports, concall transcripts, investor presentations, and 1-click AI syntheses

Latest Earnings Call Highlights (Q3 FY25 Earnings Concall)

• Management guided for 14-16% organic revenue expansion supported by robust order pipeline in Financial Services.

Audited Annual Report FY24

• Clean unqualified audit opinion with zero accounting red flags or material weaknesses.

📑

Integrated Annual Report FY 2023-24 (Audited)

July 2024 • 16.4 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2022-23 (Audited)

July 2023 • 14.8 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2021-22 (Audited)

July 2022 • 13.2 MB • Audited

📥 PDF →

📑

Annual Report FY 2020-21 (Audited)

August 2021 • 11.9 MB • Audited

📥 PDF →

🎙️

HDFCLIFE Q3 FY25 Earnings Conference Call Transcript

January 2025 • 58 Mins

📄 Transcript

🎙️

HDFCLIFE Q2 FY25 Earnings Conference Call Transcript

October 2024 • 52 Mins

📄 Transcript

🎙️

HDFCLIFE Q1 FY25 Earnings Conference Call Transcript

July 2024 • 46 Mins

📄 Transcript

Prompts:

🧭 Scenario Lab (12-Month Derived Valuation Targets)

Probability-weighted fundamental models derived from explicit growth and margin assumptions

🐂 Bull Case (35%) +28.0%

₹734.14

Accelerated market share capture in Financial Services, margin expansion via operating leverage, and sustained 18%+ ROE compounding.

⚖️ Base Case (50%) +12.0%

₹642.38

Steady organic earnings expansion aligned with GDP growth (~12-14% YoY) with stable multiples around 59x P/E.

🐻 Bear Case (15%) -12.0%

₹504.72

Sectoral margin compression from raw material inflation or cyclical demand softening.

🏢 Sector Peer Comparison (Financial Services)

Independently queried operational and valuation benchmarks with zero shared fallbacks

Source: Independent Exchange Quotes • 20:34 IST

Swipe → to view all peer metrics

Company	Peer Taxonomy	Price (₹)	Change %	P/E	ROE %	ROCE %	D/E	Market Cap
★ HDFC Life Insurance Company Ltd (HDFCLIFE)	Target Stock	₹573.55	+1.44%	58.8x	11.3%	10.3%	0.17	₹1.16 Lakh Cr
HDFC Bank Ltd (HDFCBANK)	Private Sector Bank	₹806.60	+1.06%	14.1x	13.6%	7.0%	0.00	₹11.12 Lakh Cr
ICICI Bank Ltd (ICICIBANK)	Private Sector Bank	₹1,571.60	-1.10%	16.8x	15.9%	7.2%	0.00	₹9.41 Lakh Cr
State Bank of India (SBIN)	Public Sector Bank	₹1,061.20	+1.84%	10.5x	15.4%	6.1%	0.00	₹8.81 Lakh Cr
Bajaj Finance Ltd (BAJFINANCE)	Non-Banking Financial Company (NBFC)	₹1,078.80	+1.31%	28.8x	18.2%	10.9%	0.00	₹5.90 Lakh Cr
Kotak Mahindra Bank Ltd (KOTAKBANK)	Private Sector Bank	₹487.70	+1.71%	20.7x	11.4%	7.0%	0.00	₹4.14 Lakh Cr
Axis Bank Ltd (AXISBANK)	Private Sector Bank	₹1,336.40	+1.96%	13.6x	13.1%	6.2%	0.00	₹3.79 Lakh Cr

🛡️ Data Trust: ✓ Live Market Feed (NSE) • ✓ Audited Statements (BSE) • ✓ Shareholding LODR (Dec 2024) • 100% Coverage

Domain / Module	Primary Source	Reported Period	Last Sync Time	Audit Status
Live Market Quotes	National Stock Exchange (NSE) / BSE Market Feed	Real-Time	20:34:58 IST	✓ Live Sync
Financial Statements (10Y)	HDFC Life Insurance Company Ltd Investor Relations & BSE Filings	Q3 FY25 / Audited FY24	11 Nov 2026	✓ Audited
Shareholding Pattern	Exchange Disclosures (Clause 35 / SEBI LODR)	Dec 2024	11 Nov 2026	✓ Verified
Stock DNA & Valuations	TickerPulse 8-Pillar Scoring & DCF Engine	Current Computed	11 Nov 2026	✓ Deterministic

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TickerPulse Academy

HDFC Life Insurance Company Ltd

🧬 TickerPulse Stock DNA

⚡ What Changed? (Recent Signal Radar)

📈 Price & Technical Intelligence

📐 Key Fundamentals & Valuation Multiples

About HDFC Life Insurance Company Ltd

📑 10-Year Comprehensive Financial Statements

🎯 Valuation Lab & Sensitivity Matrix

🛡️ Forensic Audit Radar & Red Flag Monitor

👥 Shareholding Pattern & Institutional Footprint

🤖 Filings & AI Document Intelligence

🧭 Scenario Lab (12-Month Derived Valuation Targets)

🏢 Sector Peer Comparison (Financial Services)

Metric Explainer

Stock DNA Methodology

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