CANARA HSBC LIFE INSURANCE COMPANY LIMITED

Income Statement Canara HSBC Life Insurance Company Limited

Equities

CANHLIFE

INE01TY01017

Life & Health Insurance

Market Closed - NSE India S.E. Other stock markets 04:35:02 12/03/2026 pm IST			5-day change	1st Jan Change
145.87 ^INR	-1.86%		+1.81%	-1.55%

01:40pm	Centrum Broking Starts Canara HSBC Life Insurance Company at Buy with INR176 Price Target	MT
06/03	Canara HSBC Life Insurance Gets Board's Nod to Raise Up to INR2.5 Billion via Debt Offering	MT

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Published financial data: CANARA HSBC LIFE INSURANCE COMPANY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Premiums and Annuity Revenues	5.03TCr	5.82TCr	7.03TCr	6.93TCr	7.85TCr
Total Interest And Dividend Income	944.79Cr	1.18TCr	1.46TCr	1.83TCr	1.82TCr
Gain (Loss) on Sale of Investments, Total (Rev)	735.97Cr	1.38TCr	523.54Cr	797.53Cr	1.54TCr
Other Revenues, Total	2.43TCr	301.08Cr	-412.52Cr	2.36TCr	-520.31Cr
Total Revenues	9.14TCr	8.68TCr	8.6TCr	12TCr	11TCr
Policy Benefits	7.91TCr	7.28TCr	7.02TCr	10TCr	8.96TCr
Policy Acquisition / Underwriting Costs, Total	293.65Cr	359.18Cr	413.55Cr	411.12Cr	507.12Cr
Selling General & Admin Expenses, Total	593.09Cr	697.71Cr	849.49Cr	938.62Cr	979.85Cr
Provision for Bad Debts	8L	17.66L	60.26L	1.04Cr	1.78Cr
Provision For Loan Losses - (Ins. / REIT / Utility Templates)	-	-3.75Cr	1.33Cr	97.33L	4.23Cr
Other Operating Expenses	240.18Cr	315.26Cr	215.29Cr	186.14Cr	106.61Cr
Total Operating Expenses	9.03TCr	8.66TCr	8.5TCr	12TCr	11TCr
Operating Income	102.12Cr	18Cr	100Cr	123.87Cr	136.33Cr
Interest Expense, Total	-	-7.41Cr	-	-	-8.19Cr
EBT, Excl. Unusual Items	102.12Cr	10Cr	100Cr	123.87Cr	128.14Cr
EBT, Incl. Unusual Items	102.12Cr	10Cr	100Cr	123.87Cr	128.14Cr
Income Tax Expense	7.5Cr	12T	8.63Cr	11Cr	11Cr
Earnings From Continuing Operations	95Cr	10Cr	91Cr	113.32Cr	116.98Cr
Net Income to Company	95Cr	10Cr	91Cr	113.32Cr	116.98Cr
Net Income - (IS)	95Cr	10Cr	91Cr	113.32Cr	116.98Cr
Net Income to Common Incl Extra Items	95Cr	10Cr	91Cr	113.32Cr	116.98Cr
Net Income to Common Excl. Extra Items	95Cr	10Cr	91Cr	113.32Cr	116.98Cr
Per Share Items
Net EPS - Basic	1	0.11	0.96	1.19	1.23
Basic EPS - Continuing Operations	1	0.11	0.96	1.19	1.23
Basic Weighted Average Shares Outstanding	95Cr	95Cr	95Cr	95Cr	95Cr
Net EPS - Diluted	1	0.11	0.96	1.19	1.23
Diluted EPS - Continuing Operations	1	0.11	0.96	1.19	1.23
Diluted Weighted Average Shares Outstanding	95Cr	95Cr	95Cr	95Cr	95Cr
Normalized Basic EPS	0.67	0.07	0.66	0.81	0.84
Normalized Diluted EPS	0.67	0.07	0.66	0.81	0.84
Dividend Per Share	-	0.3	0.5	0.2	0.4
Payout Ratio	-	-	31.25	41.92	16.24
Supplemental Items
EBITDA	109.95Cr	28Cr	111.37Cr	135.5Cr	147.87Cr
EBITA	102.12Cr	18Cr	100Cr	123.87Cr	136.33Cr
EBIT	102.12Cr	18Cr	100Cr	123.87Cr	136.33Cr
EBITDAR	-	41Cr	126.07Cr	153.08Cr	174.26Cr
Effective Tax Rate - (Ratio)	7.34	0.01	8.64	8.52	8.71
Current Domestic Taxes	7.5Cr	-	-	11Cr	11Cr
Total Current Taxes	7.5Cr	-	-	11Cr	11Cr
Normalized Net Income	64Cr	6.4Cr	62Cr	77Cr	80Cr
Non-Cash Pension Expense	37.04L	-58.87L	-1.09Cr	2.47Cr	1.68Cr
Supplemental Operating Expense Items
Advertising Expense	38Cr	59Cr	91Cr	75Cr	26Cr
Marketing Expenses	-	-	-	-	48Cr
Selling and Marketing Expenses	38Cr	59Cr	91Cr	75Cr	73Cr
General and Administrative Expenses	1.91Cr	4.28Cr	4.72Cr	4.84Cr	4.01Cr
Net Rental Expense, Total	-	13Cr	15Cr	18Cr	26Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Investment In Debt Securities	7.33TCr	9.34TCr	12TCr	14TCr	14TCr
Investment In Equity and Preferred Securities, Total	72Cr	254.4Cr	298.93Cr	253.91Cr	532.84Cr
Real Estate Owned	48Cr	28Cr	25Cr	23Cr	-
Policy Loans	3.34Cr	8.26Cr	22Cr	49Cr	100.81Cr
Total Other Investments	2.71TCr	3.67TCr	5.33TCr	7.55TCr	9.02TCr
Total investments	10TCr	13TCr	17TCr	22TCr	24TCr
Cash And Equivalents	271.56Cr	340.27Cr	386.63Cr	421.98Cr	610.96Cr
Reinsurance Recoverable - (IS)	36Cr	41Cr	36Cr	41Cr	52Cr
Other Receivables - (Insurance Template)	315.2Cr	422.61Cr	543.61Cr	696.97Cr	792.98Cr
Separate Account Assets	12TCr	13TCr	13TCr	16TCr	17TCr
Gross Property Plant And Equipment	72Cr	86Cr	95Cr	95Cr	26Cr
Accumulated Depreciation	-43Cr	-54Cr	-65Cr	-64Cr	-
Net Property Plant And Equipment	29Cr	32Cr	30Cr	32Cr	26Cr
Other Intangibles, Total	15Cr	14Cr	23Cr	25Cr	20Cr
Other Current Assets, Total	45Cr	63Cr	65Cr	105.15Cr	144.74Cr
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	23TCr	27TCr	31TCr	39TCr	43TCr
Liabilities
Accounts Payable, Total	50Cr	3L	12.25L	97Cr	82Cr
Accrued Expenses, Total	208.55Cr	238.75Cr	340.36Cr	321.13Cr	379.58Cr
Insurance And Annuity Liabilities	8.91TCr	12TCr	16TCr	21TCr	23TCr
Unpaid Claims	331.95Cr	223.45Cr	113.22Cr	166.73Cr	163.4Cr
Unearned Premiums	30Cr	54Cr	86Cr	64Cr	78Cr
Reinsurance Payable - (BS)	12Cr	32Cr	50Cr	51Cr	58Cr
Separate Account Liability	12TCr	13TCr	13TCr	16TCr	16TCr
Current Income Taxes Payable	1.74Cr	-	-	-	-
Unearned Revenue, Current	55.33L	48.56L	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	58Cr	94Cr	70Cr	92Cr	103.3Cr
Other Non Current Liabilities	-	-	-	-	845.39Cr
Total Liabilities	21TCr	26TCr	30TCr	37TCr	41TCr
Common Stock, Total	950Cr	950Cr	950Cr	950Cr	950Cr
Additional Paid In Capital	125Cr	125Cr	125Cr	125Cr	125Cr
Retained Earnings	205.13Cr	215.37Cr	278.07Cr	343.88Cr	441.86Cr
Comprehensive Income and Other	-5.77Cr	-	-	-	-
Total Common Equity	1.27TCr	1.29TCr	1.35TCr	1.42TCr	1.52TCr
Total Equity	1.27TCr	1.29TCr	1.35TCr	1.42TCr	1.52TCr
Total Liabilities And Equity	23TCr	27TCr	31TCr	39TCr	43TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	95Cr	95Cr	95Cr	95Cr	95Cr
ECS Total Common Shares Outstanding	95Cr	95Cr	95Cr	95Cr	95Cr
Book Value / Share	13.41	13.58	14.24	14.94	15.97
Tangible Book Value	1.26TCr	1.28TCr	1.33TCr	1.39TCr	1.5TCr
Tangible Book Value Per Share	13.25	13.44	14	14.68	15.76
Total Debt	0	0	0	0	0
Net Debt	-271.56Cr	-340.27Cr	-386.63Cr	-421.98Cr	-610.96Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.1Cr	2.71Cr	2.38Cr	6.15Cr	6.91Cr
Debt Equivalent Oper. Leases	-	100.37Cr	117.56Cr	140.69Cr	211.12Cr
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	60Cr	70Cr	78Cr	80Cr	19Cr
Full Time Employees	4.91T	-	-	-	7.9T

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	95Cr	10Cr	91Cr	113.32Cr	116.98Cr
Depreciation, Depletion & Amortization	7.83Cr	11Cr	12Cr	12Cr	12Cr
Total Depreciation, Depletion & Amortization	7.83Cr	11Cr	12Cr	12Cr	12Cr
Amortization of Deferred Charges, Total	5.17Cr	5.78Cr	7.44Cr	11Cr	10Cr
Other Operating Activities	2.23TCr	1.97TCr	2.48TCr	2.17TCr	1.07TCr
Cash from Operations	2.34TCr	2TCr	2.59TCr	2.31TCr	1.21TCr
Capital Expenditure	-21Cr	-18Cr	-25Cr	-28Cr	-12Cr
Sale of Property, Plant, and Equipment	53.46L	10L	51.05L	49.69L	27.9L
Investment in Marketable and Equity Securities, Total	-3.1TCr	-2.96TCr	-3.72TCr	-3.64TCr	-2.47TCr
Net (Increase) Decrease in Loans Originated / Sold - Investing	-2.29Cr	-4.63Cr	-13Cr	-26Cr	-48Cr
Other Investing Activities, Total	891.32Cr	1.05TCr	1.24TCr	1.65TCr	1.82TCr
Cash from Investing	-2.24TCr	-1.93TCr	-2.52TCr	-2.04TCr	-714.46Cr
Common Dividends Paid	-	-	-28Cr	-48Cr	-19Cr
Common & Preferred Stock Dividends Paid	-	-	-28Cr	-48Cr	-19Cr
Cash from Financing	-	-	-28Cr	-48Cr	-19Cr
Net Change in Cash	103.4Cr	69Cr	46Cr	217.87Cr	474.34Cr
Supplemental Items
Cash Income Tax Paid (Refund)	5.76Cr	3.28Cr	7.71Cr	11Cr	11Cr
Levered Free Cash Flow	-59Cr	32Cr	-169.94Cr	-283.66Cr	-559.01Cr
Unlevered Free Cash Flow	-59Cr	36Cr	-169.94Cr	-283.66Cr	-553.89Cr
Change In Net Working Capital	114.36Cr	-26Cr	226.66Cr	356.07Cr	649.3Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.33	0.04	0.21	0.22	0.21
Return on Total Capital	5.18	0.86	4.72	5.59	5.8
Return On Equity %	7.68	0.8	6.9	8.18	7.97
Return on Common Equity	7.68	0.8	6.9	8.18	7.97
Margin Analysis
Gross Profit Margin %	10.21	11.86	13.51	10.45	11.43
SG&A Margin	6.47	8.02	9.84	7.84	9.13
EBITDA Margin %	1.2	0.33	1.29	1.14	1.38
EBITA Margin %	1.12	0.2	1.16	1.04	1.28
EBIT Margin %	1.12	0.2	1.16	1.04	1.28
Income From Continuing Operations Margin %	1.04	0.12	1.06	0.95	1.1
Net Income Margin %	1.04	0.12	1.06	0.95	1.1
Net Avail. For Common Margin %	1.04	0.12	1.06	0.95	1.1
Normalized Net Income Margin	0.7	0.07	0.73	0.65	0.75
Levered Free Cash Flow Margin	-0.65	0.36	-1.98	-2.38	-5.23
Unlevered Free Cash Flow Margin	-0.65	0.42	-1.98	-2.38	-5.18
Asset Turnover
Asset Turnover	0.47	0.35	0.29	0.34	0.26
Fixed Assets Turnover	333.39	284.62	277.18	386.67	368.19
Receivables Turnover (Average Receivables)	55.01	54.39	50.18	41.27	37.59
Short Term Liquidity
Current Ratio	1.91	2.14	2.35	2.52	3.13
Quick Ratio	1.55	1.6	1.78	1.91	2.49
Operating Cash Flow to Current Liabilities	3.02	3	3.41	2.47	1.14
Days Sales Outstanding (Average Receivables)	6.63	6.71	7.27	8.87	9.71
Average Days Payable Outstanding	14.75	17.99	13.34	12.56	18.5
Long Term Solvency
Total Liabilities / Total Assets	94.36	95.26	95.68	96.34	96.47
EBIT / Interest Expense	-	2.38	-	-	16.65
EBITDA / Interest Expense	-	3.84	-	-	18.06
(EBITDA - Capex) / Interest Expense	-	1.46	-	-	16.65
Net Debt / EBITDA	-2.47	-11.97	-3.47	-3.11	-4.13
Net Debt / (EBITDA - Capex)	-3.07	-31.49	-4.46	-3.91	-4.48
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	192.62	-5.02	-0.88	38.6	-9.58
Gross Profit, 1 Yr. Growth %	18.52	10.24	12.99	7.16	7.12
EBITDA, 1 Yr. Growth %	-3.18	-76.54	315.44	14.04	2.51
EBITA, 1 Yr. Growth %	-2.82	-83.68	874.39	24.09	2.8
EBIT, 1 Yr. Growth %	-2.82	-83.68	874.39	24.09	2.8
Earnings From Cont. Operations, 1 Yr. Growth %	-9.96	-89.17	790.27	24.26	3.23
Net Income, 1 Yr. Growth %	-9.96	-89.17	790.27	24.26	3.23
Normalized Net Income, 1 Yr. Growth %	-2.82	-89.97	874.39	24.09	3.45
Diluted EPS Before Extra, 1 Yr. Growth %	-9.96	-89.17	790.27	24.26	3.36
Net Property, Plant and Equip., 1 Yr. Growth %	11.9	10.67	-6.26	5.35	-16.55
Accounts Receivable, 1 Yr. Growth %	-6.48	45.37	21.91	28.51	15.27
Total Assets, 1 Yr. Growth %	41.64	20.49	15.05	23.77	10.74
Common Equity, 1 Yr. Growth %	7.18	1.26	4.86	4.86	6.91
Tangible Book Value, 1 Yr. Growth %	6.81	1.4	4.21	4.8	7.37
Cash From Operations, 1 Yr. Growth %	74.81	-14.62	29.78	-10.89	-47.72
Capital Expenditures, 1 Yr. Growth %	-28.99	-17.73	39.86	12.31	-58.27
Levered Free Cash Flow, 1 Yr. Growth %	-50.76	-145.7	-638.97	66.92	97.07
Unlevered Free Cash Flow, 1 Yr. Growth %	-50.76	-155.48	-638.97	66.92	99.11
Dividend Per Share, 1 Yr. Growth %	-	-	66.67	-60	100
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	42.97	66.71	-2.98	17.21	12.39
Gross Profit, 2 Yr. CAGR %	20.8	14.3	11.61	10.04	9.43
EBITDA, 2 Yr. CAGR %	-21.07	-49.96	-4.14	124.81	11.31
EBITA, 2 Yr. CAGR %	-22.47	-59.01	-3.95	247.73	12.46
EBIT, 2 Yr. CAGR %	-22.47	-59.01	-3.95	247.73	12.46
Earnings From Cont. Operations, 2 Yr. CAGR %	-24.32	-68.78	-1.83	232.6	13.26
Net Income, 2 Yr. CAGR %	-24.32	-68.78	-1.83	232.6	13.26
Normalized Net Income, 2 Yr. CAGR %	-21.38	-68.78	-1.13	247.73	13.3
Diluted EPS Before Extra, 2 Yr. CAGR %	-24.32	-68.78	-1.83	232.6	13.2
Net Property, Plant and Equip., 2 Yr. CAGR %	55.81	11.28	1.85	-0.63	-6.24
Accounts Receivable, 2 Yr. CAGR %	30.37	16.6	33.13	25.17	21.71
Total Assets, 2 Yr. CAGR %	20.82	30.64	17.74	19.33	17.07
Common Equity, 2 Yr. CAGR %	8.49	4.18	3.04	4.86	5.88
Tangible Book Value, 2 Yr. CAGR %	7.96	4.07	2.79	4.51	6.08
Cash From Operations, 2 Yr. CAGR %	39.68	22.17	5.27	7.54	-31.74
Capital Expenditures, 2 Yr. CAGR %	32.33	-23.57	7.27	25.33	-31.54
Levered Free Cash Flow, 2 Yr. CAGR %	-45.32	-48.69	56.94	199.94	81.37
Unlevered Free Cash Flow, 2 Yr. CAGR %	-45.72	-45.05	61.46	199.94	83.24
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-18.35	-10.56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	33.79	24.75	40.18	9.27	7.18
Gross Profit, 3 Yr. CAGR %	16.54	17.17	13.86	10.11	5.86
EBITDA, 3 Yr. CAGR %	-14.13	-45.58	-0.65	3.78	76.69
EBITA, 3 Yr. CAGR %	-15.26	-52.98	-1.7	4.61	136.97
EBIT, 3 Yr. CAGR %	-15.26	-52.98	-1.7	4.61	136.97
Earnings From Cont. Operations, 3 Yr. CAGR %	-17.39	-60.42	-4.62	6.2	125.19
Net Income, 3 Yr. CAGR %	-17.39	-60.42	-4.62	6.2	125.19
Normalized Net Income, 3 Yr. CAGR %	-15.26	-60.42	-1.7	6.65	132.13
Diluted EPS Before Extra, 3 Yr. CAGR %	-17.39	-60.42	-4.62	6.2	125.11
Net Property, Plant and Equip., 3 Yr. CAGR %	60.56	39.02	5.1	3.01	-6.25
Accounts Receivable, 3 Yr. CAGR %	29	35.19	18.34	31.57	21.78
Total Assets, 3 Yr. CAGR %	19.8	20.71	25.22	19.71	16.39
Common Equity, 3 Yr. CAGR %	11.64	6.02	4.4	3.65	5.54
Tangible Book Value, 3 Yr. CAGR %	11.28	5.73	4.12	3.46	5.45
Cash From Operations, 3 Yr. CAGR %	71.54	18.54	24.66	-0.42	-15.44
Capital Expenditures, 3 Yr. CAGR %	45.2	12.94	-6.51	8.92	-13.13
Levered Free Cash Flow, 3 Yr. CAGR %	58.14	-45.73	12.37	60.2	160.75
Unlevered Free Cash Flow, 3 Yr. CAGR %	58.14	-43.47	12.37	63.26	159.96
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	10.06
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	35.08	17.73	17.65	21.67	27.89
Gross Profit, 5 Yr. CAGR %	16.17	17.1	14.54	14.26	9.16
EBITDA, 5 Yr. CAGR %	-4.34	-24.78	-8.5	-5.15	5.42
EBITA, 5 Yr. CAGR %	-4.64	-30.8	-9.87	-6.12	5.34
EBIT, 5 Yr. CAGR %	-4.64	-30.8	-9.87	-6.12	5.34
Earnings From Cont. Operations, 5 Yr. CAGR %	-5.57	-37.94	-11.49	-7.26	2.17
Net Income, 5 Yr. CAGR %	-5.57	-37.94	-11.49	-7.26	2.17
Normalized Net Income, 5 Yr. CAGR %	-4.12	-37.94	-9.87	-5.6	4.05
Diluted EPS Before Extra, 5 Yr. CAGR %	-5.57	-37.93	-11.49	-7.26	2.14
Net Property, Plant and Equip., 5 Yr. CAGR %	30.16	37.73	33.84	21.55	0.41
Accounts Receivable, 5 Yr. CAGR %	30.01	35.56	30.63	31.09	19.68
Total Assets, 5 Yr. CAGR %	16.86	17.97	18.97	20.15	21.9
Common Equity, 5 Yr. CAGR %	3.46	3.7	8.12	5.56	4.99
Tangible Book Value, 5 Yr. CAGR %	3.26	3.51	7.8	5.24	4.9
Cash From Operations, 5 Yr. CAGR %	125.94	85	41.1	14.01	-2.03
Capital Expenditures, 5 Yr. CAGR %	42.13	32.81	28.64	17.74	-17.47
Levered Free Cash Flow, 5 Yr. CAGR %	-16.01	-31.78	62.68	7.53	36.09
Unlevered Free Cash Flow, 5 Yr. CAGR %	-16.27	-29.88	62.68	7.22	35.84