20 Jan 2023 , 03:10 AM
Analysts at IIFL Capital Services forecast a year-on-year (Y-o-Y) growth of 15% for total Annualized Premium Equivalent (APE) of SBI Life, in the December quarter. Value of new business (VNB) is likely to grow Y-o-Y by 37% in the quarter. VNB margin is expected to stand at 30.5% in the quarter. This will be a Y-o-Y growth of 490 basis points or 4.9%. The growth outlook for the company is healthy.
Important management insights to watch out for:
Source: IIFL Research
| December quarter estimate | Y-o-Y | |
| New business premium (Rs bn) | 84.2 | (0.9%) |
| Renewal Premium (Rs bn) | 113.9 | 18% |
| Total APE (Rs bn) | 52.6 | 15% |
| VNB (Rs bn) | 16 | 37% |
| VNB margin | 30.5% | 4.9% |
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016, BSE Enlistment Number (RA): 5016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
