More about Life Insurance Corporation of India
Fundamentals for Life Insurance Corporation of India
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Fundamentals for Life Insurance Corporation of India
Business Operations:
Sector: Financial ServicesIndustry: Insurance - Life
Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It offers insurance plans, including endowment, whole life, term insurance plans, money back, and term assurance plans, as well as riders comprising accidental death and disability benefit, critical illness benefit, and premium waiver benefit riders. The company also provides pension, unit linked, micro insurance, withdrawal, and health plans, as well as various group schemes. Life Insurance Corporation of India was incorporated in 1956 and is based in Mumbai, India.
Revenue projections:
Investors may be wary of Life Insurance Corporation of India as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 8.663691 |
| debtToEquity | 0.000000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 0.161000 |
| grossMargins | 0.116480 |
| operatingMargins | 0.064660 |
| trailingEps | 83.840000 |
| forwardEps | 100.800000 |
LICI's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
Over time, analysts have gradually revised Life Insurance Corporation of India's price projections downward. This suggests growing concerns about the company's ability to meet previous expectations, pointing to a more conservative outlook.
Recommendation changes over time:
The recent buy bias from analysts suggests LICI is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, LICI appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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