Project Inspire: 'Future Proofing' HDFC Life
Financial and operational snapshot (1/2)
1.
28
2.
Rs bn.
Q1 FY24
Q1 FY23
Growth
FY23*
FY22
FY21
CAGR
New Business Premium (Indl. + Group)
Renewal Premium (Indl. +Group)
Total Premium
Individual APE
Overall APE
58.7
49.5
19%
290.9
241.5
201.1
19%
58.0
51.0
14%
284.5
218.1
184.8
23%
116.7
100.5
16%
575.3
459.6
385.8
21%
18.8
16.9
12%
114.0
81.7
71.2
23%
23.3
20.6
13%
133.4
97.6
83.7
22%
Profit after Tax
4.2
3.6
15%
13.6
12.1
13.6
2%
-Policyholder Surplus
2.1
2.4
-12%
5.9
4.4
7.3
-18%
- Shareholder Surplus
2.0
1.2
72%
7.7
7.7
6.3
55%
Dividend Paid
(1)
3.6
NA
3.6
4.1
ΝΑ
Assets Under Management
2,533.0
2,134.1
19%
2,387.8
2,041.7
1,738.4
23%
Indian Embedded Value
418.4
324.7
29%
395.3
329.6
266.2
24%
Net Worth
(2)
133.9
99.5
35%
129.7
154.0
84.3
23%
NB (Individual and Group segment) lives insured (Mn.)
16.4
12.2
34%
68.5
54.1
39.8
4%
No. of Individual Policies (NB) sold (In 000s)
206.9
190.6
9%
1,054.1
915.1
982.0
6%
Excludes impact of proposed final dividend of Rs 4.1 bn, to be paid in Q2 FY24 (subject to shareholders' approval)
Comprises share capital, share premium and accumulated profits/(losses)
* FY23 numbers are on a merged basis, hence prior years are not comparable
HDFC
LifeView entire presentation