HDFC Life Insurance Company quarterly results and financials

HDFC Life Insurance Company (HDFCLIFE)₹565.40+0.60%(9 Nov 2026 close)Life Insurance

Key facts

In the Sep 2026 quarter (consolidated), HDFC Life Insurance Company reported revenue of ₹24,442 Cr, up 18.4% from Sep 2025, and net profit of ₹522 Cr, up 16.6% year on year. For the year to Mar 2026, revenue were ₹99,342 Cr and net profit ₹1,911 Cr.

Revenue (Sep 2026): ₹24,442 Cr
Net profit (Sep 2026): ₹522 Cr
Revenue (FY Mar 2026): ₹99,342 Cr
Net profit (FY Mar 2026): ₹1,911 Cr
EPS (Sep 2026): ₹2.39
Borrowings (Mar 2026): ₹3,108 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

HDFC Life Insurance Company quarterly results

₹ crore unless stated; each column is a quarter.

HDFC Life Insurance Company Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	26,921	28,042	26,925	28,499	17,282	24,182	29,454	20,639	29,421	19,872	33,723	24,442
Expenses	26,602	27,689	26,542	28,726	16,812	23,750	28,953	20,262	29,054	19,729	33,176	24,021
Operating Profit	265	276	312	−310	449	378	439	316	271	108	507	333
OPM %	1.0%	1.0%	1.2%	−1.1%	2.6%	1.6%	1.5%	1.5%	0.9%	0.6%	1.5%	1.4%
Other Income	103	174	89.95	279	−28.96	124	164	157	174	427	171	247
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	367	450	401	−29.99	420	501	605	471	445	537	677	579
Tax %	0.0%	8.0%	−20.0%	−1,541.0%	−1.0%	5.0%	9.0%	5.0%	6.0%	7.0%	10.0%	10.0%
Net Profit	368	412	479	435	421	475	547	448	418	497	611	522
EPS (Rs)	1.70	1.90	2.22	2.01	1.95	2.20	2.53	2.07	1.93	2.30	2.80	2.39

HDFC Life Insurance Company profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

HDFC Life Insurance Company Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue	18,122	30,651	32,266	38,820	29,379	71,505	67,083	70,239	1,01,487	96,886	99,342	1,07,457
Expenses	17,137	29,592	31,084	37,545	28,173	70,045	66,142	69,892	1,00,557	95,638	97,417	1,05,979
Operating Profit	955	974	1,077	1,218	1,143	1,237	779	80.10	647	1,029	1,757	1,220
OPM %	5.0%	3.2%	3.3%	3.1%	3.9%	1.7%	1.2%	0.1%	0.6%	1.1%	1.8%	1.1%
Other Income	108	139	282	136	369	444	765	1,436	409	365	464	1,018
Interest	7.99	8.98	10.98	13.97	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	45.14	41.11	44.15	45.13	47.17	51.21	56.21	76.21	79.30	104	162	0.00
Profit before tax	1,009	1,061	1,302	1,292	1,463	1,630	1,488	1,442	977	1,291	2,058	2,239
Tax %	19.0%	16.0%	15.0%	1.0%	11.0%	16.0%	11.0%	5.0%	−61.0%	−40.0%	7.0%	—
Exceptional items	0.00	0.00	0.00	96.74	0.00	0.00	0.00	0.00	172	0.00	0.00	—
Net Profit	816	887	1,107	1,276	1,296	1,360	1,327	1,367	1,573	1,810	1,911	2,048
EPS (Rs)	4.08	4.43	5.48	6.31	6.41	6.70	6.26	6.35	7.30	8.38	8.83	9.42
Dividend payout %	22.0%	25.0%	25.0%	26.0%	0.0%	30.0%	27.0%	30.0%	27.0%	25.0%	24.0%	—

HDFC Life Insurance Company balance sheet

₹ crore, at each year end.

HDFC Life Insurance Company Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	1,998	1,996	2,000	2,013	2,018	2,021	2,024	2,114	2,151	2,151	2,157	2,159
Reserves	544	1,104	1,822	2,683	3,612	4,772	6,595	13,459	10,812	12,472	13,965	15,539
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	602	602	953	952	2,957	3,108
Other Liabilities	66,970	73,715	91,570	1,06,147	1,24,740	1,25,782	1,70,977	2,15,061	2,34,763	2,88,159	3,31,593	3,71,084
Total Liabilities	69,513	76,815	95,393	1,10,844	1,30,371	1,32,575	1,80,198	2,31,234	2,48,679	3,03,735	3,50,672	3,91,890
Fixed Assets	345	334	336	335	369	321	583	6,583	993	1,543	2,135	2,705
CWIP	5.99	11.99	15.98	4.99	9.99	7.99	13.99	19.99	30.97	27.98	109	139
Investments	67,224	74,411	92,012	1,06,941	1,25,300	1,27,597	1,74,094	2,17,051	2,38,793	2,92,155	3,35,990	3,74,706
Other Assets	1,937	2,059	3,029	3,562	4,692	4,649	5,508	7,582	8,862	10,009	12,438	14,342
Trade receivables	0.00	0.00	0.00	0.00	207	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & equivalents	573	729	799	1,112	1,247	692	1,101	1,378	1,171	1,563	1,823	1,994
Total Assets	69,513	76,815	95,393	1,10,844	1,30,371	1,32,575	1,80,198	2,31,234	2,48,679	3,03,735	3,50,672	3,91,890

HDFC Life Insurance Company cash flow

₹ crore, for each year.

HDFC Life Insurance Company Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	4,467	5,694	6,244	6,747	9,882	7,398	9,715	5,953	6,889	10,739	15,620	22,672
Cash from investing activity	−3,526	−3,973	−5,192	−4,430	−10,214	−7,811	−8,973	−803	−10,095	−13,665	−13,666	−23,924
Cash from financing activity	−168	−212	−236	−196	−337	38.02	679	−238	1,987	−403	1,609	−275
Net cash flow	774	1,507	814	2,115	−649	−363	1,425	4,887	−1,199	−3,294	3,557	−1,494
Capex	108	34.04	48.02	34.03	45.01	39.02	61.10	57.07	88.07	136	301	287
Free cash flow	4,358	5,668	6,193	6,719	9,836	7,361	9,663	5,893	6,804	10,611	15,316	22,375
CFO / OP %	510.0%	596.9%	640.9%	626.9%	813.0%	671.9%	805.9%	788.9%	9,189.9%	1,444.0%	1,542.9%	1,301.9%

HDFC Life Insurance Company ratios

Working-capital days and returns, by year.

HDFC Life Insurance Company Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	0	0	0	0	2	0	0	0	0	0	0	0
Cash conversion cycle	0	0	0	0	3	0	0	0	0	0	0	0
Working capital days	−11	−27	−20	−25	−16	−17	−13	−11	−12	−8	−6	−6
ROCE %	41.1%	36.1%	31.1%	31.1%	23.1%	24.1%	20.1%	12.1%	10.1%	5.1%	7.0%	10.1%

HDFC Life Insurance Company: frequently asked questions

What are the latest quarterly results of HDFC Life Insurance Company?

For the Sep 2026 quarter, HDFC Life Insurance Company reported revenue of ₹24,442 Cr, up 18.4% year on year and net profit of ₹522 Cr, up 16.6% year on year. The operating margin was 1.4%.

What is the annual revenue of HDFC Life Insurance Company?

HDFC Life Insurance Company's revenue for the year to Mar 2026 were ₹99,342 Cr; over the last twelve months they were ₹1.07 L Cr.

What is the net profit of HDFC Life Insurance Company?

Net profit for the year to Mar 2026 was ₹1,911 Cr, and ₹2,048 Cr over the last twelve months. Earnings per share over the same trailing period were ₹9.42.

How much debt does HDFC Life Insurance Company have?

HDFC Life Insurance Company reported borrowings of ₹3,108 Cr at Mar 2026, against cash and equivalents of ₹1,994 Cr.

What is the free cash flow of HDFC Life Insurance Company?

Cash from operations was ₹22,672 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹22,375 Cr.

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