| Scrip code | 544583 |
|---|---|
| NSE Symbol | CANHLIFE |
| MSEI Symbol | NOTLISTED |
| ISIN | INE01TY01017 |
| Name of Company | Canara HSBC 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 | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 21-01-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 16-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third 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 | Unaudited |
| Start date and time of board meeting | 21-01-2026 14:45:00 |
| End date and time of board meeting | 21-01-2026 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 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 |
| The company has no Loans and Debt Securities, therefore, this disclosure is not required. | |
| Partiuclars | Current Quarter | Year to Date Figures | |
|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |
| Whether results are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Standalone | Standalone | |
| Policyholders' Accounts | |||
| 1 | Income | ||
| (i) | Gross premium income | ||
| (a) | First Year Premium | 93,801.00 | 1,91,093.00 |
| (b) | Renewal Premium | 1,66,839.00 | 4,00,191.00 |
| (c) | Single Premium | 28,285.00 | 1,01,851.00 |
| Gross premium income | 2,88,925.00 | 6,93,135.00 | |
| (ii) | Net premium income | 2,86,716.00 | 6,78,032.00 |
| (iii) | Income from investments (Net) | 1,30,433.00 | 3,31,673.00 |
| (iv) | Other income | ||
| 1 | Other Income | 586.00 | 1,630.00 |
| Total other income | 586.00 | 1,630.00 | |
| (v) | Transfer Of Funds From Shareholders Account | 9,518.00 | 13,396.00 |
| (vi) | Total Income | 4,27,253.00 | 10,24,731.00 |
| 2 | Expenses | ||
| (i) | Commission on | ||
| (a) | First Year Premium | 12,697.00 | 27,412.00 |
| (b) | Renewal Premium | 3,483.00 | 10,085.00 |
| (c) | Single Premium | 2,090.00 | 5,236.00 |
| Total Commission | 18,270.00 | 42,733.00 | |
| (ii) | Net Commission | 18,270.00 | 42,733.00 |
| (iii) | Operating Expenses related to insurance business | ||
| (a) | Employees remuneration and welfare expenses | 17,940.00 | 52,414.00 |
| (b) | Administration expenses | 0.00 | 0.00 |
| (c) | Advertisement and publicity | 0.00 | 0.00 |
| (b) | Other operating expenses | ||
| 1 | Other operating expenses | 16,529.00 | 34,521.00 |
| Total other operating expenses | 16,529.00 | 34,521.00 | |
| Total operating expenses related to insurance business | 34,469.00 | 86,935.00 | |
| Total Expenses of Management | 52,739.00 | 1,29,668.00 | |
| (iv) | Provisions for doubtful debts (including bad debts written off) | 0.00 | 0.00 |
| (v) | Provisions for diminution in value of investments | 0.00 | 0.00 |
| (vi) | Goods & Service tax charge on linked charges | 0.00 | 4,110.00 |
| (vii) | Provision for taxes | ||
| Current Tax | 0.00 | 0.00 | |
| Deffered Tax | 0.00 | 0.00 | |
| Total provision of taxes | 0.00 | 0.00 | |
| (viii) | Benefits Paid (Net) | 98,764.00 | 3,35,490.00 |
| (ix) | Change in actuarial liability | 2,65,763.00 | 5,33,853.00 |
| Total Expenses | 4,17,266.00 | 10,03,121.00 | |
| 3 | Net Surplus(Deficit) | 9,987.00 | 21,610.00 |
| 4 | Appropriations | ||
|---|---|---|---|
| (a) | Transferred to Shareholders A/c | 9,873.00 | 15,839.00 |
| (b) | Funds for Future Appropriation | 114.00 | 5,771.00 |
| 5 | Details of Surplus / Deficit | ||
| (a) | Interim bonus paid | 638.00 | 2,181.00 |
| (b) | Allocation of bonus to policyholders | 0.00 | 0.00 |
| (c) | Surplus shown in the Revenue Account | 9,987.00 | 21,610.00 |
| (d) | Terminal bonus paid | 0.00 | 0.00 |
| Total Surplus (Deficit ) | 10,625.00 | 23,791.00 | |
| 1 | Income | ||
|---|---|---|---|
| (i) | Transfer from Poliycholders' Account | 9,873.00 | 15,839.00 |
| (ii) | Income under Shareholders' Account | ||
| (a) | Investment Income | 3,076.00 | 8,475.00 |
| (b) | Other income | ||
| 1 | Other income | 0.00 | 0.00 |
| Total Other income | 0.00 | 0.00 | |
| Total income under shareholders account | 3,076.00 | 8,475.00 | |
| Total Income | 12,949.00 | 24,314.00 | |
| 2 | Expenses | ||
| (i) | Expenses other than those related to insurance business | 278.00 | 644.00 |
| (ii) | Transfer of funds to policyholders account | 9,518.00 | 13,396.00 |
| (iii) | Provisions for doubtful debts (including write off) | 69.00 | 57.00 |
| (iv) | Provisions for diminution in value of investments | 0.00 | 0.00 |
| Total Expenses | 9,865.00 | 14,097.00 | |
| 3 | Profit/ (loss) before tax | 3,084.00 | 10,217.00 |
| 4 | Provisions for tax | 319.00 | 1,029.00 |
| (i) | Current tax | 319.00 | 1,029.00 |
| (ii) | Deffered tax | 0.00 | 0.00 |
| 5 | Profit / (loss) after tax and before Extraordinary Items | 2,765.00 | 9,188.00 |
| 6 | Extraordinary Items (Net of tax expenses) | 0.00 | 0.00 |
| 7 | Profit/ (loss) after tax and Extraordinary Items | 2,765.00 | 9,188.00 |
| 8 | Dividend per share | ||
| (a) | Interim Dividend | 0.00 | 0.00 |
| (b) | Final Dividend | 0.00 | 0.00 |
| 9 | Profit/(Loss) carried to Balance Sheet | 49,574.00 | 49,574.00 |
| 10 | Paid up equity share capital | 95,000.00 | |
| 11 | Reserve & Surplus (excluding Revaluation Reserve) | 62,074.00 | 62,074.00 |
| 12 | Fair Value Change Account and Revaluation Reserve (Shareholders) | 0.00 | |
| 13 | Assets | ||
| (i) | Investments: | ||
| (a) | Shareholders | 1,59,421.00 | |
| (b) | Policyholders Fund excluding Linked Assets | 25,37,432.00 | |
| (c) | Assets held to cover Linked Liabilities | 19,92,015.00 | |
| Total Investments | 46,88,868.00 | ||
| (b) | Other Assets (Net of current liabilities and provisions) | 38,225.00 | |
| Total Assets | 47,27,093.00 | ||
| 14 | Analytical Ratios | ||
| (i) | Solvency Ratio | 191.0300 | 191.0300 |
| (ii) | Expenses of Management Ratio | 18.2500 | 18.7100 |
| (iii) | Policyholder 's liabilities to shareholders' fund | 2,909.47 | 2,909.47 |
| (iv) | Earnings per share (Rs.): | ||
| (a) | Basic and diluted EPS before extraordinary items (net of tax expense) for the period (not to be annualized) | 0.29 | 0.97 |
| (b) | Basic and diluted EPS after extraordinary items (net of tax expense) for the period (not to be annualized) | 0.29 | 0.97 |
| (v) | NPA ratios: (for policyholders' fund) | ||
| (a) | Gross NPAs | ||
| Non Linked | |||
| Par | 0.00 | 0.00 | |
| Non Par | 0.00 | 0.00 | |
| Linked | |||
| Par | 0.00 | 0.00 | |
| Non Par | 3,237.00 | 3,237.00 | |
| Net NPAs | |||
| Non Linked | |||
| Par | 0.00 | 0.00 | |
| Non Par | 0.00 | 0.00 | |
| Linked | |||
| Par | 0.00 | 0.00 | |
| Non Par | 0.00 | 0.00 | |
| % of Gross NPAs | |||
| Non Linked | |||
| Par | 0 | 0 | |
| Non Par | 0 | 0 | |
| Linked | |||
| Par | 0 | 0 | |
| Non Par | 0.0700 | 0.0700 | |
| % of Net NPAs | |||
| Non Linked | |||
| Par | 0 | 0 | |
| Non Par | 0 | 0 | |
| Linked | |||
| Par | 0 | 0 | |
| Non Par | 0 | 0 | |
| (vi) | Yield on Investments (on policyholders' fund) | ||
| (a) | Without unrealised gains | ||
| Non Linked | |||
| Par | 1.800 | 6.1100 | |
| Non Par | 1.900 | 5.7100 | |
| Linked | |||
| Par | 0 | 0 | |
| Non Par | 1.6300 | 4.1400 | |
| (b) | With unrealised gains | ||
| Non Linked | |||
| Par | 2.200 | 6.3200 | |
| Non Par | 1.9200 | 5.6800 | |
| Linked | |||
| Par | 0 | 0 | |
| Non Par | 4.1200 | 9.8800 | |
| (vii) | NPA ratios: (for shareholders' fund) | ||
| (a) | Gross NPAs | 8,610.00 | 8,610.00 |
| Net NPAs | 0.00 | 0.00 | |
| (b) | Percentage of Gross NPAs | 5.3400 | 5.3400 |
| Percentage of Net NPAs | 0 | 0 | |
| (viii) | Yield on Investments (on shareholders' fund) | ||
| (a) | Without unrealised gains | 2.04 | 5.65 |
| (b) | With unrealised gains | 2.04 | 5.65 |
| (ix) | Persistency Ratio | ||
| 1 | 13th Month | 84.7300 | 85.6500 |
| 2 | 25th Month | 67.0100 | 73.500 |
| 3 | 37th Month | 62.7100 | 65.8200 |
| 4 | 49th Month | 60.9100 | 62.2200 |
| 5 | 61st Month | 57.0100 | 59.1600 |
| (ix) | Other Rations | ||
| (x) | Conservation Ratio | 87.8900 | 87.6600 |
| (xi) | Percentage of shares held by Government of India (in case of public sector insurance companies) | 0 | 0 |
| Investor Compliants | |||
|---|---|---|---|
| (i) | No of investor complaints pending at the beginning of the period | 0 | 0 |
| (ii) | No of investor complaints during the period | 0 | 0 |
| (iii) | No of investor complaints disposed off during the period | 0 | 0 |
| (iv) | No of investor complaints remaining unresolved at the end of the period | 0 | 0 |
| (c) | Notes Format for financial results by life insurance companies filed with stock exchanges |
|---|---|
| 1. Net Premium Income is Net of Reinsurance 2. Income from Investments (Net) - Policyholders' is Net of Amortization and losses (including capital gains). For the quarter ended 31st Dec 2025 and nine months ended 31st Dec 2025, it is higher than quarter ended 30th Sep 2025 and nine months ended 31st Dec 2024, respectively, on account of higher returns from equity markets. 3. Transfer of funds from Shareholders' A/c and Transfer of funds to Policyholders' A/c Includes contribution of funds from shareholders accounts towards excess EOM and remuneration of MD/CEOs/WTD/Other KMPs 4. Benefits Paid (Net) is Inclusive of interim and other bonuses and net of reinsurance 5. Expenses other than those related to insurance business is Inclusive of Corporate Social Responsibility expenditure and Penalties (if any) 6. Dividend per share is Interim and Final dividend recommended for respective financial year 7. Advertisement and publicity expenses have been included in other operating expenses for the the current period. 8. Interim Bonus includes Terminal Bonus. 9. Profit carried to Balance Sheet Represents Accumulated Profit 10. Analytical ratios have been calculated as per definition given in IRDAI Analytical ratios disclosure 11. Profit/Loss on Derivative amount (TRAD & AnnuityR Fund) is being considered as Unrealised Gain/Loss and is included while computing the Yield with Unrealised Gain and realised 12. NPA: Company has provided 100% provision on CPs and NCDs of IL&FS and IL&FS financial services Ltd, due to default in repayment obligations due to downgrade of rating to Default (D) category. Hence, Net NPA amount would become zero. 13. Persistency ratio (Regular Premium/ Limited Premium Payment under Individual Category): 13.1 Persistency ratios are calculated in accordance with the IRDAI circular no. IRDAI/F&A/CIR/MISC/256/09/2021 dated September 30, 2021 and are with a lag of one month. Persistency ratios include individual business only, Group business policies have been excluded from the persistency calculation. 13.2 Persistency ratios for the quarter ended December 31, 2025 have been calculated on December 31, 2025 for the policies issued in September to November period of the relevant years. For example, the 13th month persistency for the quarter ended December 31, 2025 is calculated for policies issued from September 1, 2024 to November 30, 2024. 13.3 Persistency ratios for the year ended December 31, 2025 have been calculated on December 31, 2025 for the policies issued in December to November period of the relevant years. For example, the 13th month persistency for the year ended December 31, 2025 is calculated for policies issued from December 1, 2023 to November 30, 2024. | |
| Partiuclars | Current Quarter | Year to Date Figures | |
|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |
| Whether results are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Standalone | Standalone | |
| Segment Income | |||
| 1 | Name of segment | Linked Non Participating - Life | |
| (i) | Net premium | 1,56,676.00 | 2,98,425.00 |
| (ii) | Income form investments | 83,228.00 | 1,93,374.00 |
| (iii) | Transfer of funds from shareholders' account | 10,071.00 | 10,140.00 |
| (iv) | Other income | 119.00 | 292.00 |
| 2 | Name of segment | Linked Non Participating - Pension | |
| (i) | Net premium | 937.00 | 2,359.00 |
| (ii) | Income form investments | 835.00 | 1,961.00 |
| (iii) | Transfer of funds from shareholders' account | 0.00 | 0.00 |
| (iv) | Other income | 1.00 | 3.00 |
| 3 | Name of segment | Linked Non Participating - Health | |
| (i) | Net premium | 0.00 | 0.00 |
| (ii) | Income form investments | 0.00 | 0.00 |
| (iii) | Transfer of funds from shareholders' account | 0.00 | 0.00 |
| (iv) | Other income | 0.00 | 0.00 |
| 4 | Name of segment | Linked Non Participating - Others | |
| (i) | Net premium | 0.00 | 0.00 |
| (ii) | Income form investments | 0.00 | 0.00 |
| (iii) | Transfer of funds from shareholders' account | 0.00 | 0.00 |
| (iv) | Other income | 0.00 | 0.00 |
| 5 | Name of segment | Non Linked Participating - Life | |
| (i) | Net premium | 23,737.00 | 73,779.00 |
| (ii) | Income form investments | 14,363.00 | 45,987.00 |
| (iii) | Transfer of funds from shareholders' account | 20.00 | 61.00 |
| (iv) | Other income | 240.00 | 652.00 |
| 6 | Name of segment | Non Linked Participating - Pension | |
| (i) | Net premium | 0.00 | 0.00 |
| (ii) | Income form investments | 0.00 | 0.00 |
| (iii) | Transfer of funds from shareholders' account | 0.00 | 0.00 |
| (iv) | Other income | 0.00 | 0.00 |
| 7 | Name of segment | Non Linked Participating - Health | |
| (i) | Net premium | 0.00 | 0.00 |
| (ii) | Income form investments | 0.00 | 0.00 |
| (iii) | Transfer of funds from shareholders' account | 0.00 | 0.00 |
| (iv) | Other income | 0.00 | 0.00 |
| 8 | Name of segment | Non Linked Participating - Others | |
| (i) | Net premium | 0.00 | 0.00 |
| (ii) | Income form investments | 0.00 | 0.00 |
| (iii) | Transfer of funds from shareholders' account | 0.00 | 0.00 |
| (iv) | Other income | 0.00 | 0.00 |
| 9 | Name of segment | Non Linked Non Participating - Life | |
| (i) | Net premium | 87,445.00 | 2,49,911.00 |
| (ii) | Income form investments | 27,333.00 | 76,203.00 |
| (iii) | Transfer of funds from shareholders' account | 18.00 | 124.00 |
| (iv) | Other income | 213.00 | 598.00 |
| 10 | Name of segment | Non Linked Non Participating - Pension | |
| (i) | Net premium | 17,874.00 | 53,432.00 |
| (ii) | Income form investments | 4,665.00 | 14,121.00 |
| (iii) | Transfer of funds from shareholders' account | (591.00) | 3,071.00 |
| (iv) | Other income | 13.00 | 85.00 |
| 11 | Name of segment | Non Linked Non Participating - Health | |
| (i) | Net premium | 47.00 | 126.00 |
| (ii) | Income form investments | 9.00 | 27.00 |
| (iii) | Transfer of funds from shareholders' account | 0.00 | 0.00 |
| (iv) | Other income | 0.00 | 0.00 |
| 12 | Name of segment | Non Linked Non Participating - Others | |
| (i) | Net premium | 0.00 | 0.00 |
| (ii) | Income form investments | 0.00 | 0.00 |
| (iii) | Transfer of funds from shareholders' account | 0.00 | 0.00 |
| (iv) | Other income | 0.00 | 0.00 |
| 13 | Name of segment | Shareholders | |
| (i) | Net premium | 0.00 | 0.00 |
| (ii) | Income form investments | 3,076.00 | 8,475.00 |
| (iii) | Transfer of funds from shareholders' account | 0.00 | 0.00 |
| (iv) | Other income | 0.00 | 0.00 |
| 14 | Name of segment | Unallocated | |
| (i) | Net premium | 0.00 | 0.00 |
| (ii) | Income form investments | 0.00 | 0.00 |
| (iii) | Transfer of funds from shareholders' account | 0.00 | 0.00 |
| (iv) | Other income | 0.00 | 0.00 |
| Partiuclars | Current Quarter | Year to Date Figures | |
|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |
| Whether results are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Standalone | Standalone | |
| Segment Surplus/(Deficit) (net of transfer from shareholders' A/c) | |||
| 1 | Linked Non Participating - Life | (10,200.00) | (10,004.00) |
| 2 | Linked Non Participating - Pension | 18.00 | 64.00 |
| 3 | Linked Non Participating - Health | 0.00 | 0.00 |
| 4 | Linked Non Participating - Others | 0.00 | 0.00 |
| 5 | Non Linked Participating - Life | 0.00 | 76.00 |
| 6 | Non Linked Participating - Pension | 0.00 | 0.00 |
| 7 | Non Linked Participating - Health | 0.00 | 0.00 |
| 8 | Non Linked Participating - Others | 0.00 | 0.00 |
| 9 | Non Linked Non Participating - Life | 10,039.00 | 15,675.00 |
| 10 | Non Linked Non Participating - Pension | 595.00 | (3,040.00) |
| 11 | Non Linked Non Participating - Health | 12.00 | 24.00 |
| 12 | Non Linked Non Participating - Others | 0.00 | 0.00 |
| 13 | Shareholders | 2,620.00 | 7,422.00 |
| 14 | Unallocated | 0.00 | 0.00 |
| Partiuclars | Current Quarter | |
|---|---|---|
| Date of start of reporting period | 01-10-2025 | |
| Date of end of reporting period | 31-12-2025 | |
| Whether results are audited or unaudited | Unaudited | |
| Nature of report standalone or consolidated | Standalone | |
| Segment Assets | ||
| 1 | Linked Non Participating - Life | 19,76,929.00 |
| 2 | Linked Non Participating - Pension | 28,613.00 |
| 3 | Linked Non Participating - Health | 0.00 |
| 4 | Linked Non Participating - Others | 0.00 |
| 5 | Non Linked Participating - Life | 8,37,308.00 |
| 6 | Non Linked Participating - Pension | 0.00 |
| 7 | Non Linked Participating - Health | 0.00 |
| 8 | Non Linked Participating - Others | 0.00 |
| 9 | Non Linked Non Participating - Life | 14,51,198.00 |
| 10 | Non Linked Non Participating - Pension | 2,75,380.00 |
| 11 | Non Linked Non Participating - Health | 591.00 |
| 12 | Non Linked Non Participating - Others | 0.00 |
| 13 | Shareholders | 1,57,074.00 |
| 14 | Unallocated | 0.00 |
| Partiuclars | Current Quarter | ||
|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | ||
| Date of end of reporting period | 31-12-2025 | ||
| Whether results are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Standalone | ||
| Segment Liabilities | |||
| 1 | Linked Non Participating - Life | 19,76,929.00 | |
| 2 | Linked Non Participating - Pension | 28,613.00 | |
| 3 | Linked Non Participating - Health | 0.00 | |
| 4 | Linked Non Participating - Others | 0.00 | |
| 5 | Non Linked Participating - Life | 8,37,308.00 | |
| 6 | Non Linked Participating - Pension | 0.00 | |
| 7 | Non Linked Participating - Health | 0.00 | |
| 8 | Non Linked Participating - Others | 0.00 | |
| 9 | Non Linked Non Participating - Life | 14,51,198.00 | |
| 10 | Non Linked Non Participating - Pension | 2,75,380.00 | |
| 11 | Non Linked Non Participating - Health | 591.00 | |
| 12 | Non Linked Non Participating - Others | 0.00 | |
| 13 | Shareholders | 1,57,074.00 | |
| 14 | Unallocated | 0.00 | |