Projected Income Statement: HDFC Life Insurance Company Limited

Forecast Balance Sheet: HDFC Life Insurance Company Limited

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 - - - -5,792 11,803 10,380 9,424 8,420
Change - - - - 303.78% -12.06% -9.21% -10.65%
Announcement Date 26/04/21 26/04/22 26/04/23 18/04/24 17/04/25 - - -
1INR in Million
Estimates

Cash Flow Forecast: HDFC Life Insurance Company Limited

Fiscal Period: March 2020 2021 2022 2023 2024 2025
CAPEX 1 385.8 612.1 566.4 875.7 1,360 3,007
Change - 58.65% -7.47% 54.62% 55.24% 121.2%
Free Cash Flow (FCF) 1 4,079 16,990 7,728 14,324 6,169 -16,472
Change - 316.55% -54.51% 85.35% -56.93% -367.02%
Announcement Date 26/06/20 25/06/21 08/06/22 28/06/23 22/06/24 23/06/25
1INR in Million
Estimates

Forecast Financial Ratios: HDFC Life Insurance Company Limited

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) - - - - - - - -
EBIT Margin (%) 1.9% 1.81% 1.8% 1.55% 1.94% 1.62% 2.09% 1.99%
EBT Margin (%) 1.9% 1.81% 1.8% 1.55% 1.94% 1.97% 2.01% 1.96%
Net margin (%) 1.91% 1.85% 1.92% 1.56% 1.88% 1.83% 1.9% 1.87%
FCF margin (%) - - - - - - - -
FCF / Net Income (%) - - - - - - - -

Profitability

        
ROA 0.91% 0.64% 0.61% 0.59% 0.57% 0.58% 0.61% 0.6%
ROE 17.62% 10.01% 9.55% 11.35% 11.71% 11.91% 12.92% 12.96%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - -
CAPEX / FCF (%) - - - - - - - -

Items per share

        
Cash flow per share 1 - - - - - - - -
Change - - - - - - - -
Dividend per Share 1 2.02 1.7 1.9 2 2.1 2.19 2.544 2.788
Change - -15.84% 11.76% 5.26% 5% 4.29% 16.18% 9.56%
Book Value Per Share 1 42.74 75.66 60.42 68.12 74.9 80.13 88.93 98.86
Change - 77.02% -20.14% 12.74% 9.95% 6.98% 10.99% 11.16%
EPS 1 6.73 5.9 6.37 7.29 8.37 9.126 10.64 12.01
Change - -12.33% 7.97% 14.44% 14.81% 9.03% 16.58% 12.87%
Nbr of stocks (in thousands) 20,20,944 21,12,619 21,49,396 21,50,944 21,52,988 21,57,820 21,57,820 21,57,820
Announcement Date 26/04/21 26/04/22 26/04/23 18/04/24 17/04/25 - - -
1INR
Estimates
2026 *2027 *
P/E ratio 70.2x 60.2x
PBR 7.99x 7.2x
EV / Sales 1.28x 1.13x
Yield 0.34% 0.4%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
-
Investor
-
Global
-
Quality
ESG MSCI
AAA

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. HDFCLIFE Stock
  4. Financials HDFC Life Insurance Company Limited