SBILIFE

✅ SBI Life – Latest Highlights

✅ SBI Life – Latest Highlights Q1 FY26 Performance Net profit rose ~14% to ₹594 crore. Renewal premiums are strong and remain a major contributor to earnings. Q2 Results Profit declined (~7%) for Q2, primarily due to higher operating costs and higher commissions. Q3 FY25 Strong Growth In Q3, net profit jumped ~71% YoY. The company’s “Value of New Business” (VNB) rose, indicating more profitable new sales. Solvency ratio remained very healthy (~2.04x). New Business Premium For the year ending March 31, 2025, SBI Life’s New Business Premium was ₹35,577 crore. For the quarter ending June 30, 2025, the new business premium was ₹7,268 crore. There is particular growth in the protection (life cover) segment. Persistency Improvement 13-month persistency and 61-month persistency (how many customers continue paying) have improved, which is good for long-term profitability. Asset Growth AUM (Assets Under Management) rose ~15% to about ₹4.48 lakh crore. The debt-to-equity mix in the investments is around 61:39. Most of the debt investments are in very high-quality (AAA or sovereign) instruments. Solvency Solvency ratio is solid (~1.96x), indicating a strong buffer over regulatory requirements. Embedded Value & VNB Margin The company’s embedded value is increasing. There is a gradual shift in its product mix: more traditional (non-ULIP) products are being targeted, which could improve margins in the long run.