Shareholders of Life Insurance Corporation of India (NSE: LICI) saw a boost this week, with the stock climbing 12% to ₹944 following the release of its latest annual results.
The company reported revenues of ₹8.9 trillion, broadly in line with expectations. However, statutory earnings per share (EPS) came in at ₹76.40, 13% above analyst forecasts, signaling stronger-than-anticipated profitability.
While the headline figures pleased investors, analysts have slightly revised their forward outlook. According to consensus estimates from 11 analysts, LIC is expected to post ₹9.51 trillion in revenue for FY26, representing a 6.8% year-on-year increase. However, this marks a downward revision from the previous forecast of ₹9.75 trillion.
Interestingly, despite the reduced revenue expectations, EPS is now forecast at ₹80.35, up slightly from the previous estimate of ₹79.30—suggesting analysts see continued margin strength.
The mixed signals highlight a tempered but resilient outlook for India’s largest life insurer: strong current performance is being met with slightly more cautious forward assumptions.
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