General information about company |
|
|---|---|
| Scrip code | 540777 |
| NSE Symbol | HDFCLIFE |
| MSEI Symbol | NOTLISTED |
| ISIN | INE795G01014 |
| Name of Company | HDFC Life Insurance Company Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Type Of Insurance | Non-Linked Policy And Linked Policy |
| Date of start of financial year | 01-Apr-2025 |
| Date of end of financial year | 31-Mar-2026 |
| Date of board meeting when results were approved | 15-Jul-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 30-Jun-2025 |
| Description of presentation currency | INR (in Actuals) |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Start date and time of board meeting | 15-Jul-2025 13:30:00 |
| End date and time of board meeting | 15-Jul-2025 15:35:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether the company has any related party? | |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | |
| (III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? | |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | |
| Latest Date on which RPT policy is updated | |
| Indicate Company website link for updated RPT policy of the Company | |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| There is no default on loans and debt securities. Hence disclosure for default on loans and debt securites is not applicable | |
Format for financial results by life insurance companies filed with stock exchanges |
|||
|---|---|---|---|
| Partiuclars | Current Quarter | Year to Date Figures | |
| Date of start of reporting period | 01-Apr-2025 | ||
| Date of end of reporting period | 30-Jun-2025 | ||
| Whether accounts are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Standalone | Standalone | |
| Policyholders' Accounts | |||
| 1 | Income | ||
| (i) | Gross premium income | ||
| (a) | First Year Premium | 25502000000 | |
| (b) | Renewal Premium | 76029600000 | |
| (c) | Single Premium | 47219100000 | |
| Gross premium income | 148750700000 | ||
| (ii) | Net premium income | 144660900000 | |
| (iii) | Income from investments (Net) | 145949900000 | |
| (iv) | Other income | ||
| 1 | Other income | 738700000 | |
| Total other income | 738700000 | ||
| (v) | Transfer Of Funds From Shareholders Account | 665600000 | |
| (vi) | Total Income | 292015100000 | |
| 2 | Expenses | ||
| (i) | Commission on | ||
| (a) | First Year Premium | 14249900000 | |
| (b) | Renewal Premium | 1294800000 | |
| (c) | Single Premium | 1947400000 | |
| Total Commission | 17492100000 | ||
| (ii) | Net Commission | 17492100000 | |
| (iii) | Operating Expenses related to insurance business | ||
| (a) | Employees remuneration and welfare expenses | 8747500000 | |
| (b) | Administration expenses | 0 | |
| (c) | Advertisement and publicity | 0 | |
| (b) | Other operating expenses | ||
| 1 | Other operating expenses | 6351500000 | |
| Total other operating expenses | 6351500000 | ||
| Total operating expenses related to insurance business | 15099000000 | ||
| Total Expenses of Management | 32591100000 | ||
| (iv) | Provisions for doubtful debts (including bad debts written off) | 0 | |
| (v) | Provisions for diminution in value of investments | -42400000 | |
| (vi) | Goods & Service tax charge on linked charges | 1266900000 | |
| (vii) | Provision for taxes | ||
| Current Tax | 402200000 | ||
| Deffered Tax | 0 | ||
| Total provision of taxes | 402200000 | ||
| (viii) | Benefits Paid (Net) | 86797900000 | |
| (ix) | Change in actuarial liability | 170165100000 | |
| Total Expenses | 291180800000 | ||
| 3 | Net Surplus(Deficit) | 834300000 | |
| 4 | Appropriations | ||
|---|---|---|---|
| (a) | Transferred to Shareholders A/c | 3663400000 | |
| (b) | Funds for Future Appropriation | -2829100000 | |
| 5 | Details of Surplus / Deficit | ||
| (a) | Interim bonus paid | 5040800000 | |
| (b) | Allocation of bonus to policyholders | 0 | |
| (c) | Surplus shown in the Revenue Account | 834300000 | |
| (d) | Terminal bonus paid | 943500000 | |
| Total Surplus (Deficit ) | 6818600000 | ||
| SHAREHOLDERS ' Account | |||
|---|---|---|---|
| 1 | Income | ||
| (i) | Transfer from Poliycholders' Account | 3663400000 | |
| (ii) | Income under Shareholders' Account | ||
| (a) | Investment Income | 3202200000 | |
| (b) | Other income | ||
| 1 | Other income | 400000 | |
| Total Other income | 400000 | ||
| Total income under shareholders account | 3202600000 | ||
| Total Income | 6866000000 | ||
| 2 | Expenses | ||
| (i) | Expenses other than those related to insurance business | 615500000 | |
| (ii) | Transfer of funds to policyholders account | 665600000 | |
| (iii) | Provisions for doubtful debts (including write off) | 0 | |
| (iv) | Provisions for diminution in value of investments | -21600000 | |
| Total Expenses | 1259500000 | ||
| 3 | Profit/ (loss) before tax | 5606500000 | |
| 4 | Provisions for tax | 141900000 | |
| (i) | Current tax | 141900000 | |
| (ii) | Deffered tax | 0 | |
| 5 | Profit / (loss) after tax and before Extraordinary Items | 5464600000 | |
| 6 | Extraordinary Items (Net of tax expenses) | 0 | |
| 7 | Profit/ (loss) after tax and Extraordinary Items | 5464600000 | |
| 8 | Dividend per share | ||
| (a) | Interim Dividend | 0 | |
| (b) | Final Dividend | 0 | |
| 9 | Profit/(Loss) carried to Balance Sheet | 101769400000 | |
| 10 | Paid up equity share capital | 21546900000 | |
| 11 | Reserve & Surplus (excluding Revaluation Reserve) | 141613500000 | |
| 12 | Fair Value Change Account and Revaluation Reserve (Shareholders) | 6964300000 | |
| 13 | Assets | ||
| (i) | Investments: | ||
| (a) | Shareholders | 190857300000 | |
| (b) | Policyholders Fund excluding Linked Assets | 2260250300000 | |
| (c) | Assets held to cover Linked Liabilities | 1107863200000 | |
| Total Investments | 3558970800000 | ||
| (b) | Other Assets (Net of current liabilities and provisions) | 26428200000 | |
| Total Assets | 3585399000000 | ||
| 14 | Analytical Ratios | ||
| (i) | Solvency Ratio | 1.92 | |
| (ii) | Expenses of Management Ratio | 0.2191 | |
| (iii) | Policyholder 's liabilities to shareholders' fund | 199020000 | |
| (iv) | Earnings per share (Rs.): | ||
| (a) | Basic and diluted EPS before extraordinary items (net of tax expense) for the period (not to be annualized) | 2.54 | |
| (b) | Basic and diluted EPS after extraordinary items (net of tax expense) for the period (not to be annualized) | 2.53 | |
| (v) | NPA ratios: (for policyholders' fund) | ||
| (a) | Gross NPAs | ||
| Non Linked | |||
| Par | 92200000 | ||
| Non Par | 80000000 | ||
| Linked | |||
| Par | 0 | ||
| Non Par | 599000000 | ||
| Net NPAs | |||
| Non Linked | |||
| Par | 0 | ||
| Non Par | 0 | ||
| Linked | |||
| Par | 0 | ||
| Non Par | 0 | ||
| % of Gross NPAs | |||
| Non Linked | |||
| Par | 0.0001 | ||
| Non Par | 0.0001 | ||
| Linked | |||
| Par | 0 | ||
| Non Par | 0.0005 | ||
| % of Net NPAs | |||
| Non Linked | |||
| Par | 0 | ||
| Non Par | 0 | ||
| Linked | |||
| Par | 0 | ||
| Non Par | 0 | ||
| (vi) | Yield on Investments (on policyholders' fund) | ||
| (a) | Without unrealised gains | ||
| Non Linked | |||
| Par | 0.018 | ||
| Non Par | 0.023 | ||
| Linked | |||
| Par | 0 | ||
| Non Par | 0.03 | ||
| (b) | With unrealised gains | ||
| Non Linked | |||
| Par | 0.04 | ||
| Non Par | -0.002 | ||
| Linked | |||
| Par | 0 | ||
| Non Par | 0.095 | ||
| (vii) | NPA ratios: (for shareholders' fund) | ||
| (a) | Gross NPAs | 134400000 | |
| Net NPAs | 0 | ||
| (b) | Percentage of Gross NPAs | 0.0007 | |
| Percentage of Net NPAs | 0 | ||
| (viii) | Yield on Investments (on shareholders' fund) | ||
| (a) | Without unrealised gains | 170000 | |
| (b) | With unrealised gains | 360000 | |
| (ix) | Persistency Ratio | ||
| 1 | 13th Month | 0.8271 | |
| 2 | 25th Month | 0.7953 | |
| 3 | 37th Month | 0.6932 | |
| 4 | 49th Month | 0.6994 | |
| 5 | 61st Month | 0.61 | |
| (ix) | Other Rations | ||
| (x) | Conservation Ratio | 0.867 | |
| (xi) | Percentage of shares held by Government of India (in case of public sector insurance companies) | 0 | |
| Investor Compliants | |||
|---|---|---|---|
| (i) | No of investor complaints pending at the beginning of the period | 0 | |
| (ii) | No of investor complaints during the period | 0 | |
| (iii) | No of investor complaints disposed off during the period | 0 | |
| (iv) | No of investor complaints remaining unresolved at the end of the period | 0 | |
| (c) | Notes Format for financial results by life insurance companies filed with stock exchanges |
|---|---|
| Notes pertaining to Statement of Standalone Reviewed Results for quarter ended June 30, 2025: 1. Net premium income is net of reinsurance. 2. Income from investments (Net) is net of amortisation and losses (including capital gains). 3. Net Commission is net of reinsurance. Rewards have been included in First year commission. 4. Benefits Paid (Net) is net of reinsurance and inclusive of interim and terminal bonus. 5. Expenses other than those related to insurance business includes interest on Non convertible debentures. 6. Provisions for diminution in value of investments is inclusive of provision for standard and non-standard assets. 7. Profit carried to Balance Sheet represents accumulated surplus. 8. Analytical ratios have been calculated as per definition given in IRDAI Analytical ratios disclosure. 9. Advertisement and publicity expenses have been included in other operating expenses for the the current period. 10. Profit after tax comprises: Underwriting profits Q1 (a) Existing business surplus (i) 1,62,976 (b) New business strain (ii) (1,32,596) Shareholders' surplus (iii) 24,266 (i) Represents profit emerging during current period from business written in prior years (ii) Insurance contracts being long term in nature revenue is recognised over the period of the contract as against costs being recognised in the period in which they are incurred, leading to New business strain. (iii) Represents investment and other income arising on shareholders' funds, net of expenses and taxes | |
Format for financial results by life insurance companies filed with stock exchanges | |||
|---|---|---|---|
| Partiuclars | Current Quarter | Year to Date Figures | |
| Date of start of reporting period | 01-Apr-2025 | ||
| Date of end of reporting period | 30-Jun-2025 | ||
| Whether accounts are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Standalone | Standalone | |
| Segment Income | |||
| 1 | Name of segment | Segment A - Participating - Individual & Group Life | |
| (i) | Net premium | 23774700000 | 23774700000 |
| (ii) | Income form investments | 11731600000 | 11731600000 |
| (iii) | Transfer of funds from shareholders' account | 12100000 | 12100000 |
| (iv) | Other income | 464800000 | 464800000 |
| 2 | Name of segment | Segment B - Participating - Individual & Group Pension | |
| (i) | Net premium | 3314000000 | 3314000000 |
| (ii) | Income form investments | 587100000 | 587100000 |
| (iii) | Transfer of funds from shareholders' account | 900000 | 900000 |
| (iv) | Other income | 4500000 | 4500000 |
| 3 | Name of segment | Segment C - Non Participating - Individual & Group Life | |
| (i) | Net premium | 55955300000 | 55955300000 |
| (ii) | Income form investments | 25478900000 | 25478900000 |
| (iii) | Transfer of funds from shareholders' account | 16200000 | 16200000 |
| (iv) | Other income | 256400000 | 256400000 |
| 4 | Name of segment | Segment D - Non Participating - Life Group Variable | |
| (i) | Net premium | 2137800000 | 2137800000 |
| (ii) | Income form investments | 384800000 | 384800000 |
| (iii) | Transfer of funds from shareholders' account | 0 | 0 |
| (iv) | Other income | 100000 | 100000 |
| 5 | Name of segment | Segment E - Non Participating - Individual & Group Pension | |
| (i) | Net premium | 1090000000 | 1090000000 |
| (ii) | Income form investments | 557100000 | 557100000 |
| (iii) | Transfer of funds from shareholders' account | 257800000 | 257800000 |
| (iv) | Other income | 700000 | 700000 |
| 6 | Name of segment | Segment F - Non Participating - Individual & Group Pension Variable | |
| (i) | Net premium | 3776300000 | 3776300000 |
| (ii) | Income form investments | 497100000 | 497100000 |
| (iii) | Transfer of funds from shareholders' account | 0 | 0 |
| (iv) | Other income | 200000 | 200000 |
| 7 | Name of segment | Segment G - Non Participating - Individual & Group Annuity | |
| (i) | Net premium | 13845400000 | 13845400000 |
| (ii) | Income form investments | 6173100000 | 6173100000 |
| (iii) | Transfer of funds from shareholders' account | 1300000 | 1300000 |
| (iv) | Other income | 7100000 | 7100000 |
| 8 | Name of segment | Segment H - Non Participating - Individual & Group Health | |
| (i) | Net premium | 18400000 | 18400000 |
| (ii) | Income form investments | 6900000 | 6900000 |
| (iii) | Transfer of funds from shareholders' account | 25000000 | 25000000 |
| (iv) | Other income | 0 | 0 |
| 9 | Name of segment | Segment I - Unit Linked - Individual Life | |
| (i) | Net premium | 31455000000 | 31455000000 |
| (ii) | Income form investments | 91545700000 | 91545700000 |
| (iii) | Transfer of funds from shareholders' account | 8200000 | 8200000 |
| (iv) | Other income | 4500000 | 4500000 |
| 10 | Name of segment | Segment J - Unit Linked - Individual Pension | |
| (i) | Net premium | 2328100000 | 2328100000 |
| (ii) | Income form investments | 4072300000 | 4072300000 |
| (iii) | Transfer of funds from shareholders' account | 344100000 | 344100000 |
| (iv) | Other income | 0 | 0 |
| 11 | Name of segment | Segment K - Unit Linked - Group Life | |
| (i) | Net premium | 5698100000 | 5698100000 |
| (ii) | Income form investments | 4215300000 | 4215300000 |
| (iii) | Transfer of funds from shareholders' account | 0 | 0 |
| (iv) | Other income | 300000 | 300000 |
| 12 | Name of segment | Segment L - Unit Linked - Group Pension | |
| (i) | Net premium | 1267800000 | 1267800000 |
| (ii) | Income form investments | 748100000 | 748100000 |
| (iii) | Transfer of funds from shareholders' account | 0 | 0 |
| (iv) | Other income | 100000 | 100000 |
| 13 | Name of segment | Shareholders | |
| (i) | Net premium | 0 | |
| (ii) | Income form investments | 3223800000 | |
| (iii) | Transfer of funds from shareholders' account | 0 | |
| (iv) | Other income | 400000 | |
| 14 | Name of segment | Unallocated | |
| (i) | Net premium | 0 | |
| (ii) | Income form investments | 0 | |
| (iii) | Transfer of funds from shareholders' account | 0 | |
| (iv) | Other income | 0 | |
| Notes to Segment Income | |
|---|---|
| Textual Information | Notes pertaining to Segment Reporting (Standalone) for the quarter ended June 30, 2025: 1. Segments include: a. Linked Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable b. Non-Linked: 1. Non-Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable 2. Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable c. Variable insurance shall be further segregated into Life and Pension. 2. Income from Investments is net of provisions for diminution in value of investment. |
Format for financial results by life insurance companies filed with stock exchanges |
|||
| Partiuclars | Current Quarter | Year to Date Figures | |
|---|---|---|---|
| Date of start of reporting period | 01-Apr-2025 | ||
| Date of end of reporting period | 30-Jun-2025 | ||
| Whether accounts are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Standalone | Standalone | |
| Segment Surplus/(Deficit) (net of transfer from shareholders' A/c) | |||
| 1 | Segment A - Participating - Individual & Group Life | -1620200000 | |
| 2 | Segment B - Participating - Individual & Group Pension | -580800000 | |
| 3 | Segment C - Non Participating - Individual & Group Life | 2206200000 | |
| 4 | Segment D - Non Participating - Life Group Variable | 28100000 | |
| 5 | Segment E - Non Participating - Individual & Group Pension | -257200000 | |
| 6 | Segment F - Non Participating - Individual & Group Pension Variable | 89300000 | |
| 7 | Segment G - Non Participating - Individual & Group Annuity | 106800000 | |
| 8 | Segment H - Non Participating - Individual & Group Health | -24900000 | |
| 9 | Segment I - Unit Linked - Individual Life | 444000000 | |
| 10 | Segment J - Unit Linked - Individual Pension | -342200000 | |
| 11 | Segment K - Unit Linked - Group Life | 152800000 | |
| 12 | Segment L - Unit Linked - Group Pension | 7000000 | |
| 13 | Shareholders | 2426600000 | |
| 14 | Unallocated | 0 | |
| Notes Segment Surplus/(Deficit) | |
|---|---|
| Textual Information | Notes pertaining to Segment Reporting (Standalone) for quarter ended June 30, 2025: 1. Segments include: a. Linked Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable b. Non-Linked: 1. Non-Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable 2. Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable c. Variable insurance shall be further segregated into Life and Pension |
Format for financial results by life insurance companies filed with stock exchanges |
||
|---|---|---|
| Partiuclars | Current Quarter | |
| Date of start of reporting period | 01-Apr-2025 | |
| Date of end of reporting period | 30-Jun-2025 | |
| Whether accounts are audited or unaudited | Unaudited | |
| Nature of report standalone or consolidated | Standalone | |
| Segment Assets | ||
| 1 | Segment A - Participating - Individual & Group Life | 737525400000 |
| 2 | Segment B - Participating - Individual & Group Pension | 30275500000 |
| 3 | Segment C - Non Participating - Individual & Group Life | 1084290400000 |
| 4 | Segment D - Non Participating - Life Group Variable | 18978400000 |
| 5 | Segment E - Non Participating - Individual & Group Pension | 29676300000 |
| 6 | Segment F - Non Participating - Individual & Group Pension Variable | 23280700000 |
| 7 | Segment G - Non Participating - Individual & Group Annuity | 341266400000 |
| 8 | Segment H - Non Participating - Individual & Group Health | 221000000 |
| 9 | Segment I - Unit Linked - Individual Life | 903486000000 |
| 10 | Segment J - Unit Linked - Individual Pension | 57872900000 |
| 11 | Segment K - Unit Linked - Group Life | 126429600000 |
| 12 | Segment L - Unit Linked - Group Pension | 22496600000 |
| 13 | Shareholders | 200874200000 |
| 14 | Unallocated | 8757200000 |
| Segment Assets Text Block | |||
|---|---|---|---|
| Textual Information | Notes pertaining to Segment Reporting (Standalone) for the quarterJune 30, 2025: 1. Segments include: a. Linked Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable b. Non-Linked: 1. Non-Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable 2. Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable c. Variable insurance shall be further segregated into Life and Pension. 2. Includes income tax deposited with tax authorities which is contested by the company and Advance Tax (net of provision for taxation). As per Accounting Standard 17 - Segment Reporting, income tax asset and liabilities cannot be allocated across reporting segments. | ||
Format for financial results by life insurance companies filed with stock exchanges |
|||
|---|---|---|---|
| Partiuclars | Current Quarter | ||
| Date of start of reporting period | 01-Apr-2025 | ||
| Date of end of reporting period | 30-Jun-2025 | ||
| Whether accounts are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Standalone | ||
| Segment Liabilities | |||
| 1 | Segment A - Participating - Individual & Group Life | 681328500000 | |
| 2 | Segment B - Participating - Individual & Group Pension | 27625100000 | |
| 3 | Segment C - Non Participating - Individual & Group Life | 1070689600000 | |
| 4 | Segment D - Non Participating - Life Group Variable | 19240300000 | |
| 5 | Segment E - Non Participating - Individual & Group Pension | 27818800000 | |
| 6 | Segment F - Non Participating - Individual & Group Pension Variable | 23152400000 | |
| 7 | Segment G - Non Participating - Individual & Group Annuity | 339354200000 | |
| 8 | Segment H - Non Participating - Individual & Group Health | 265600000 | |
| 9 | Segment I - Unit Linked - Individual Life | 907603100000 | |
| 10 | Segment J - Unit Linked - Individual Pension | 57872600000 | |
| 11 | Segment K - Unit Linked - Group Life | 126525300000 | |
| 12 | Segment L - Unit Linked - Group Pension | 22496400000 | |
| 13 | Shareholders | 199625900000 | |
| 14 | Unallocated | 0 | |
| Notes to Segment Liabilities | |||
|---|---|---|---|
| Textual Information | Notes pertaining to Segment Reporting (Standalone) for the quarter ended June 30, 2025: 1. Segments include: a. Linked Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable b. Non-Linked: 1. Non-Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable 2. Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable c. Variable insurance shall be further segregated into Life and Pension. 2. Segment policy liabilities includes fund for future appropriations and excludes Credit / (Debit) Fair Value Change Account on Policyholders' funds. | ||