HDFC Life Insurance Company Ltd. which was established in 2000. is one of the most valuable companies in the financial services sector with a turnover of Rs 114386.03 crore.
HDFC Life Insurance Company Limited. Key product/income segments include premiums and income from investments for the year ending 31-Mar-2022.
For the quarter ended 30-09-2022, the company posted a total revenue of Rs.22987.27 crore; The total revenue for the last quarter has increased by 237.68% from Rs.6807.43 crore and the total revenue for the same quarter last year has increased by Rs.20389.11%. The company reported a net profit after tax of Rs 329.02 crore in the last quarter.
Amortization was Rs 404bn based on FY24E EV of Rs 39bn; 30x (unchanged) FY24E’s new business of Rs39bn and incremental interest of Rs23 per share.
Lifetime based on 1.5x FY24E EV of Rs 33bn.
The promoters hold 51.52 per cent stake in the company as on 30-Jun-2022, while FIIs hold 28.0 per cent; DII owns 6.58 percent.
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