- HDFC Life’s net investment income for the 4th Quarter surpassed the estimated figures by achieving a whopping 72.51 billion rupees against an estimated 40.35 billion rupees.
- However, the net premium income missed the estimate slightly with actual figures recording 204.88 billion rupees against the projected 217.25 billion rupees.
- The first-year premium also didn’t meet the estimated 44.48 billion rupees, with the actual figures standing at 40.15 billion rupees.
- In contrast, the renewal premium significantly exceeded the estimate. HDFC Life reported an impressive 114.06 billion rupees against the estimated 2.15 billion rupees.
- The company’s single premium figures also beat the estimated 54.27 billion rupees by achieving 55.17 billion rupees.
- Other income for the period was 783.5 million rupees.
- A dividend per share of 2.00 rupees was declared.
- On the investment front, the company has received 28 buys, 6 holds, and no sells..
A look at HDFC Life Insurance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, HDFC Life Insurance is positioned for a positive long-term outlook. With moderate scores across Value, Dividend, Growth, and Momentum, and a strong score in Resilience, the company shows promise in various aspects of its operations. This indicates a solid foundation for growth and stability in the future.
HDFC Life Insurance, a life insurance company offering a range of plans for protection, pension, savings, investment, and specialized options for children and women, continues to serve customers in India and the United Arab Emirates. The combination of consistent performance across different metrics suggests a well-rounded approach to meeting the needs of its customer base and navigating potential challenges in the insurance industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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