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 LICI 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 | 7.983613 |
| debtToEquity | 0.000000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 0.161000 |
| grossMargins | 0.116480 |
| operatingMargins | 0.064660 |
| trailingEps | 83.860000 |
| forwardEps | 100.080000 |
With a forward EPS greater than its trailing EPS, LICI is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
Price projections for LICI have been revised lower over time, signaling a more cautious outlook from analysts. The gradual downward trend indicates that expectations for the company's growth may be softening.
Recommendation changes over time:
Analysts' buy bias toward LICI suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, LICI is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
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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