SBILIFE SBI Life Insurance Company Q4 FY26 results (Jan–Mar 2026) and concall
SBI Life Insurance reported a strong operational performance in Q4 FY26, with robust growth in new business and gross written premiums, and a healthy VoNB margin of 27.5%. While PAT growth was modest at 2% due to GST and Labor Code impacts, the company maintained a strong solvency ratio of 1.90 and improved persistency. Management expressed confidence in maintaining a 14% growth rate and 27-28% VNB margins, driven by product mix optimization and diversified distribution channels.
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What they filed
Q4 FY26: revenue down 82.4%, net profit down 1.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 40,302 | 18,862 | 23,071 | 38,996 | 23,115 −43% | 46,133 +145% | 4,071 −82% |
| EBITDA | 606 | 596 | -449 | 664 | 516 −15% | 615 +3% | -1,046 −133% |
| Net profit | 529 | 551 | 814 | 594 | 495 −6% | 577 +5% | 805 −1% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
