Preview: India's SBI Life Insurance drops ahead of quarterly results

Sbi Life Insurance

24/07/2025 08:30

** Shares of SBI Life Insurance Co Ltd SBIL.NS 1.1% lower at 3,144.80 rupees ahead of first-quarter results

** Analysts expect annual premium equivalent to grow at a slow pace of high-single digit percentage

** Value of new business and margins seen improving vs previous year; Ambit Capital says growth aided by rise in non-participating policies

** Analysts see SBIL maintaining its cost leadership

** Outlook on growth of bancassurance channel, or sale of policies through the parent banks, is key - brokerages

** Analysts covering SBIL rate it "buy" on avg; median PT is 2,000 rupees - data compiled by LSEG

** Stock up ~29% so far this year, among top gainers in 20-member Nifty Financial Services .NIFTYFIN index

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))