SBI Life Q4 FY25 Results: APE jumps 9% to Rs 21,420 crore, VoNB Margin stands at 27.8%
SBI Life Insurance has reported a solid performance for the financial year ended March 31, 2025, with the company showcasing resilience and profitability across key growth indicators. The Annualized Premium Equivalent (APE) grew 9% year-on-year to ₹214.2 billion, up from ₹197.2 billion in FY24, reflecting stronger momentum in its retail premium segments. The company's Value of New Business (VoNB) rose 7% to ₹59.5 billion for FY25, compared to ₹55.5 billion in the previous year.
Despite a slight dip from 28.1% in FY24, SBI Life maintained a healthy VoNB margin of 27.8% this year, continuing to demonstrate robust profitability from its new business operations. Notably, individual new business sum assured also surged 43% to ₹2,769 billion, signaling aggressive growth in coverage expansion.
Key Highlights: APE: ₹214.2 billion (+9% YoY)
VoNB: ₹59.5 billion (+7% YoY)
VoNB Margin: 27.8%
PAT: ₹24.1 billion (+27% YoY)
IEV: ₹702.5 billion (+21% YoY)
AuM: ₹4.48 trillion (+15% YoY)
13th Month Persistency: 87.4%
61st Month Persistency: 62.7%
Solvency Ratio: 1.96
RoE: 15.1%
Additionally, SBI Life reported a 27% growth in profit after tax (PAT), which stood at ₹24.1 billion for the year, while its Indian Embedded Value (IEV) grew by 21% year-on-year to ₹702.5 billion. The company's solvency ratio remained strong at 1.96, well above regulatory requirements.
Amit Jhingran, MD & CEO of SBI Life stated: FY25 was an exceptional year on every front. Standing at the intersection of regulatory changes, evolving customer needs and digital acceleration, we responded with resilience and conviction. Our team exhibited exceptional agility in adapting to customer needs, innovated boldly to reshape experiences and scaled efficiently to make the benefit of life insurance available to every Indian. I am delighted to share that with a 12% growth in Individual Rated Premium, SBI Life outperformed industry growth of 10.5%. This speaks volumes about the strength and dedication of our teamwork, the trust that customers place in us and the excellence with which we execute our strategy.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
India May inflation likely cooled to 3% as food price pressure eases
By Pranoy Krishna BENGALURU (Reuters) -India's consumer inflation rate likely eased to a more than six-year low of 3% in May thanks to a favourable base and a further moderation in food prices, a Reuters poll forecast, supporting last week's larger-than-expected interest rate cut. On Friday the Reserve Bank of India (RBI) stunned financial markets by slashing its key policy rate by 50 basis points, double what was predicted, to boost economic growth as inflation has remained subdued. The central bank, which targets inflation in the middle of its 2-6% range in the medium term, also shifted its policy stance to 'neutral' from 'accommodative'. A snap Reuters poll after the decision found the RBI was likely done with cutting rates, wrapping up one of its shortest and shallowest easing cycles in more than a decade. The June 5–9 Reuters poll of 50 economists, published on Monday, forecast inflation measured by the annual change in the consumer price index (CPI) fell even further to 3.00% in May from 3.16% in April. That would mark the fourth consecutive month below the RBI's 4.0% medium-term target, the longest such streak in nearly six years. It would also be the lowest inflation rate since April 2019, welcome news for many Indian households where food takes up a significant share of monthly expenses. Forecasts for the data due on Thursday at 1030 GMT ranged from 2.7% to 3.7%. "We are expecting a cooling of inflation to 3% on a combination of a favourable base effect and... sequential moderation in prices of cereals and pulses even as most other segments started to strengthen," said Kanika Pasricha, chief economic advisor at Union Bank of India. "Prices of most food segments though continue to slide but the pace of correction is losing ground," she added. While concerns over widespread heatwaves raised fears of an inflation spike last month, a healthy harvest and the early arrival of monsoon rains helped ease those risks. "Even though there were heatwaves, I think the early monsoons across the country are likely to have cooled things off... most of the categories of food inflation seem to be contained," said Indranil Pan, chief economist at Yes Bank. Core inflation, which strips out volatile food and energy items and is seen as a better indicator of domestic demand, was expected to have edged up to 4.20% year-on-year in May, from an estimated 4.00%-4.10% in April, the poll showed. India's official statistics agency does not publish core inflation data. Wholesale price index (WPI)-based inflation likely dipped to a 14-month low of 0.80% in May from 0.85% in April, the survey found. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Journals
an hour ago
- Business Journals
In a time of uncertainty, PNW women leaders are charting a course ahead
'Are you a make-it-happen person? Be a make-it-happen person.' This quote from local CEO Molly Moon Neitzel, founder and CEO of Molly Moon's Homemade Ice Cream, embodies the spirit of the day at the third annual Puget Sound Business Journal Women Who Lead Summit, where hundreds of leaders gathered to share their skills and experiences. As we face a time of collective uncertainty, I'm struck by the commitment of our leadership community to lifting one another to drive change. As Schwabe's first female CEO, I've had the privilege of leading for over eight years alongside a board of directors comprising 60% women lawyers. At Schwabe, women in leadership are not the exception — they are the standard. However, many of us at the summit share the experience of being a first in a leadership role or the only woman in the room. The common thread of bringing your whole self into leadership is key to helping all of us grow both personally and professionally and paving the way for others. We are fortunate to have many outstanding examples of authentic and bold leadership right here in Washington, leading global organizations, local businesses, health care organizations, nonprofits, public sector agencies and more. Of the many powerful conversations we've had at the summit, here are three takeaways for all of us who seek to lead with greater intention and purpose. Values-driven leadership can guide you through chaos — and lead to stronger outcomes. Lean into your values and use them as your north star when facing tough conversations or decisions. Keynote speaker Alice Shobe, Amazon's global director of community impact, shared a valuable takeaway with all of us to 'be here, not there.' As leaders, we often feel pulled in a million directions, but one of the most powerful things we can do is focus on being fully present. Stay connected to people who challenge and inspire you. As we recognize the five-year anniversary of the start of the COVID-19 pandemic, I don't take for granted the energy and inspiration that comes from gathering and building community. Finding meaningful ways to connect with entrepreneurs, executives and emerging leaders broadens our perspective and enhances our ability to navigate emerging challenges. Thank you to all the speakers and attendees for making this a memorable celebration of PNW leadership. Let's hold onto the inspiration from this year's summit — and keep showing up, lifting others and making it happen. Schwabe is committed to advancing women in business and law by giving back to our region, providing excellent legal services to our clients, and representing our communities. Our understanding of seven key industry sectors allows us to help clients achieve success through ideas, advice, and exceptional legal counsel: consumer products; manufacturing and retail; health care and life sciences; Indian country and Alaska native corporations; natural resources; ports and maritime; real estate and construction; and technology. Graciela Gomez Cower serves as chief executive officer at Schwabe.
Business Upturn
an hour ago
- Business Upturn
Indo Borax & Chemicals to launch Boron Oxide plant at Pithampur with Rs 20 crore investment
By Aditya Bhagchandani Published on June 9, 2025, 13:07 IST Indo Borax & Chemicals Ltd has announced the launch of a new high-value chemical product—Boron Oxide, with production set to commence in July 2025. As per its regulatory filing to the BSE and NSE dated June 9, 2025, the company aims to manufacture 4,000 metric tonnes per annum of Boron Oxide at its new facility being set up in Pithampur, Indore, Madhya Pradesh. The estimated capital expenditure for the project is Rs 20 crore, which will be financed through internal accruals. This new product will cater exclusively to the domestic market, leveraging Boric Acid—an existing product of the company—as a raw material. Notably, many customers for Boric Acid are also expected to be consumers of Boron Oxide, allowing for efficient market penetration. Indo Borax plans to reach full production capacity within a year in a phased manner. The Boron Oxide manufactured will be primarily used in the refractories sector, supporting industries that require high-performance materials. The company reaffirmed that this strategic move aligns with its intent to expand its product portfolio in high-margin chemical segments using existing operational strengths. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
