Historical Financial Statements - HDFC LIFE INSURANCE COMPANY LTD

Years Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 LTM

# Income Statement
Sales ₹ 27,215.02 ₹ 18,140.55 ₹ 30,646.61 ₹ 32,259.93 ₹ 38,854.68 ₹ 29,380.40 ₹ 71,528.03 ₹ 67,125.82 ₹ 70,207.08 ₹ 1,01,481.80 ₹ 1,00,772.37
Slaes Growth - -33.34% 68.94% 5.26% 20.44% -24.38% 143.45% -6.15% 4.59% 44.55% -0.70%

COGS ₹ 24,663.42 ₹ 15,035.56 ₹ 27,180.37 ₹ 27,730.67 ₹ 34,041.94 ₹ 24,375.58 ₹ 66,985.11 ₹ 62,019.47 ₹ 63,393.73 ₹ 96,763.76 ₹ 1,00,047.52
COGS % Sales 90.62% 82.88% 88.69% 85.96% 87.61% 82.97% 93.65% 92.39% 90.30% 95.35% 99.28%

Gross Profit ₹ 2,551.60 ₹ 3,104.99 ₹ 3,466.24 ₹ 4,529.26 ₹ 4,812.74 ₹ 5,004.82 ₹ 4,542.92 ₹ 5,106.35 ₹ 6,813.35 ₹ 4,718.04 ₹ 724.85
Gross Margin 9.38% 17.12% 11.31% 14.04% 12.39% 17.03% 6.35% 7.61% 9.70% 4.65% 0.72%

Selling & General Expanses ₹ 1,677.97 ₹ 2,151.73 ₹ 2,494.01 ₹ 3,455.22 ₹ 3,598.19 ₹ 3,863.85 ₹ 3,308.41 ₹ 4,328.60 ₹ 6,733.42 ₹ 4,186.82 -
S&G Exp % Sales 6.17% 11.86% 8.14% 10.71% 9.26% 13.15% 4.63% 6.45% 9.59% 4.13% 0.00%

EBITDA ₹ 873.63 ₹ 953.26 ₹ 972.23 ₹ 1,074.04 ₹ 1,214.55 ₹ 1,140.97 ₹ 1,234.51 ₹ 777.75 ₹ 79.93 ₹ 531.22 ₹ 724.85
EBITDA Margins 3.21% 5.25% 3.17% 3.33% 3.13% 3.88% 1.73% 1.16% 0.11% 0.52% 0.72%

Interest (₹ 14.10) ₹ 8.10 ₹ 9.06 ₹ 10.76 ₹ 13.94 - - - - - -

Interest % Sales -0.05% 0.04% 0.03% 0.03% 0.04% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Depreciation ₹ 42.72 ₹ 44.91 ₹ 41.24 ₹ 44.45 ₹ 45.24 ₹ 46.57 ₹ 50.89 ₹ 56.27 ₹ 75.93 ₹ 78.75 -
Depreciation % Sales 0.16% 0.25% 0.13% 0.14% 0.12% 0.16% 0.07% 0.08% 0.11% 0.08% 0.00%

Earnings Before Tax ₹ 845.01 ₹ 900.25 ₹ 921.93 ₹ 1,018.83 ₹ 1,155.37 ₹ 1,094.40 ₹ 1,183.62 ₹ 721.48 ₹ 4.00 ₹ 452.47 ₹ 724.85
EBT % Sales 3.10% 4.96% 3.01% 3.16% 2.97% 3.72% 1.65% 1.07% 0.01% 0.45% 0.72%

Tax ₹ 138.41 ₹ 191.14 ₹ 173.99 ₹ 193.29 ₹ 13.09 ₹ 165.51 ₹ 267.80 ₹ 160.32 ₹ 73.05 (₹ 596.80) (₹ 508.12)
Effective Tax Rate 16.38% 21.23% 18.87% 18.97% 1.13% 15.12% 22.63% 22.22% 1826.25% -131.90% -70.10%

Net Profit ₹ 706.60 ₹ 709.11 ₹ 747.94 ₹ 825.54 ₹ 1,142.28 ₹ 928.89 ₹ 915.82 ₹ 561.16 (₹ 69.05) ₹ 1,049.27 ₹ 1,232.97
Net Margins 2.60% 3.91% 2.44% 2.56% 2.94% 3.16% 1.28% 0.84% -0.10% 1.03% 1.22%

No of Equity Shares ₹ 199.49 ₹ 199.53 ₹ 199.85 ₹ 201.17 ₹ 201.74 ₹ 201.88 ₹ 202.09 ₹ 211.26 ₹ 214.94 ₹ 215.09 ₹ 215.09

Earnings Per Share ₹ 3.54 ₹ 3.55 ₹ 3.74 ₹ 4.10 ₹ 5.66 ₹ 4.60 ₹ 4.53 ₹ 2.66 (₹ 0.32) ₹ 4.88 ₹ 5.73
EPS Growth % 0.00% 0.34% 5.31% 9.65% 37.98% -18.74% -1.51% -41.39% -112.09% -1618.52% 17.51%

Dividend per Share ₹ 0.70 ₹ 0.90 ₹ 1.10 ₹ 1.36 ₹ 1.63 - ₹ 2.02 ₹ 1.70 ₹ 1.90 ₹ 2.00 -
Dividend Payout Ratio 19.76% 25.32% 29.39% 33.14% 28.79% 0.00% 44.58% 64.00% -591.44% 41.00% 0.00%

Retained Earnings 80.24% 74.68% 70.61% 66.86% 71.21% 100.00% 55.42% 36.00% 0.00% 59.00% 100.00%

# Balance Sheet
Equity Share Capital ₹ 1,994.88 ₹ 1,995.29 ₹ 1,998.48 ₹ 2,011.74 ₹ 2,017.38 ₹ 2,018.80 ₹ 2,020.94 ₹ 2,112.62 ₹ 2,149.40 ₹ 2,150.94
Reserves ₹ 546.40 ₹ 1,108.20 ₹ 1,827.84 ₹ 2,693.37 ₹ 3,625.22 ₹ 4,787.82 ₹ 6,618.85 ₹ 13,500.71 ₹ 10,843.74 ₹ 12,515.41
Borrowings - - - - - - ₹ 600.00 ₹ 600.00 ₹ 950.00 ₹ 950.00
Other Liabilities ₹ 66,767.24 ₹ 73,440.89 ₹ 91,270.25 ₹ 1,05,777.71 ₹ 1,24,377.81 ₹ 1,25,417.23 ₹ 1,70,415.25 ₹ 2,14,521.12 ₹ 2,34,126.11 ₹ 2,87,070.60
Total Liabilities ₹ 69,308.52 ₹ 76,544.38 ₹ 95,096.57 ₹ 1,10,482.82 ₹ 1,30,020.41 ₹ 1,32,223.85 ₹ 1,79,655.04 ₹ 2,30,734.45 ₹ 2,48,069.25 ₹ 3,02,686.95

Fixed Assets Net Block ₹ 346.03 ₹ 335.20 ₹ 337.37 ₹ 336.42 ₹ 370.16 ₹ 322.30 ₹ 584.68 ₹ 6,605.24 ₹ 997.20 ₹ 1,548.99
Capital Work in Progress ₹ 6.44 ₹ 12.16 ₹ 16.09 ₹ 5.28 ₹ 10.19 ₹ 8.41 ₹ 14.24 ₹ 19.80 ₹ 30.79 ₹ 27.67
Investments ₹ 67,023.56 ₹ 74,143.68 ₹ 91,723.43 ₹ 1,06,589.88 ₹ 1,24,957.97 ₹ 1,27,255.71 ₹ 1,73,563.57 ₹ 2,16,550.64 ₹ 2,38,197.10 ₹ 2,91,127.93
Other Assets ₹ 1,359.99 ₹ 1,325.95 ₹ 2,222.30 ₹ 2,440.74 ₹ 3,232.14 ₹ 3,946.68 ₹ 4,393.29 ₹ 6,183.62 ₹ 7,675.61 ₹ 8,423.75
Total Non Current Assets ₹ 68,736.02 ₹ 75,816.99 ₹ 94,299.19 ₹ 1,09,372.32 ₹ 1,28,570.46 ₹ 1,31,533.10 ₹ 1,78,555.78 ₹ 2,29,359.30 ₹ 2,46,900.70 ₹ 3,01,128.34

Receivables - - - - ₹ 205.50 - - - - -
Inventory - - - - - - - - - -
Cash & Bank ₹ 572.50 ₹ 727.39 ₹ 797.38 ₹ 1,110.50 ₹ 1,244.45 ₹ 690.75 ₹ 1,099.26 ₹ 1,375.15 ₹ 1,168.55 ₹ 1,558.61
Total Current Assets ₹ 572.50 ₹ 727.39 ₹ 797.38 ₹ 1,110.50 ₹ 1,449.95 ₹ 690.75 ₹ 1,099.26 ₹ 1,375.15 ₹ 1,168.55 ₹ 1,558.61

Total Assets ₹ 69,308.52 ₹ 76,544.38 ₹ 95,096.57 ₹ 1,10,482.82 ₹ 1,30,020.41 ₹ 1,32,223.85 ₹ 1,79,655.04 ₹ 2,30,734.45 ₹ 2,48,069.25 ₹ 3,02,686.95

Check TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE TRUE

# Cash Flow Statement

Operating Activity
Profit from operations ₹ 4,459.00 ₹ 5,687.00 ₹ 6,230.00 ₹ 6,739.00 - - - - - -
Receivables - - - - ₹ 30,339.00 - - - - -
Payables - - - - (₹ 19,702.00) - - - - -
Other WC items - - - - (₹ 731.00) - - - - -
Working capital changes - - - - ₹ 9,868.00 - - - - -
Direct taxes - - - - - (₹ 278.00) (₹ 253.00) (₹ 195.00) (₹ 462.00) ₹ 1,392.00
Other operating items - - - - - ₹ 7,666.00 ₹ 9,956.00 ₹ 6,137.00 ₹ 7,346.00 ₹ 9,330.00
Cash from Operating Activity ₹ 4,459.00 ₹ 5,687.00 ₹ 6,230.00 ₹ 6,739.00 ₹ 9,868.00 ₹ 7,388.00 ₹ 9,703.00 ₹ 5,942.00 ₹ 6,884.00 ₹ 10,722.00

Investing Activity
Fixed assets purchased (₹ 108.00) (₹ 34.00) (₹ 48.00) (₹ 34.00) (₹ 45.00) (₹ 39.00) (₹ 61.00) (₹ 57.00) (₹ 88.00) (₹ 136.00)
Fixed assets sold - ₹ 1.00 - ₹ 1.00 ₹ 2.00 ₹ 2.00 ₹ 1.00 ₹ 1.00 ₹ 2.00 ₹ 2.00
Investments purchased (₹ 41,297.00) (₹ 45,831.00) (₹ 1,42,426.00) (₹ 60,629.00) (₹ 58,110.00) (₹ 1,06,732.00) (₹ 91,133.00) (₹ 98,963.00) (₹ 1,12,196.00) (₹ 1,27,358.00)
Investments sold ₹ 35,105.00 ₹ 38,441.00 ₹ 1,33,221.00 ₹ 51,483.00 ₹ 41,765.00 ₹ 92,010.00 ₹ 76,947.00 ₹ 93,382.00 ₹ 85,880.00 ₹ 91,424.00
Interest received ₹ 2,866.00 ₹ 3,435.00 ₹ 45.00 ₹ 4,730.00 - - ₹ 8,341.00 ₹ 10,562.00 - -
Investment income - - - - ₹ 4,035.00 - ₹ 5,627.00 ₹ 6,310.00 - -
Redemp n Canc of Shares - - - - - - - ₹ 98.00 - -
Acquisition of companies - - - - - - - (₹ 726.00) - -
Other investing items (₹ 82.00) ₹ 26.00 (₹ 6.00) ₹ 28.00 ₹ 580.00 ₹ 660.00 (₹ 3,046.00) (₹ 5,097.00) ₹ 16,331.00 ₹ 22,455.00
Cash from Investing Activity (₹ 3,516.00) (₹ 3,962.00) (₹ 9,214.00) (₹ 4,421.00) (₹ 11,773.00) (₹ 14,099.00) (₹ 3,324.00) ₹ 5,510.00 (₹ 10,071.00) (₹ 13,613.00)

Financing Activity
Proceeds from shares - ₹ 4.00 ₹ 29.00 ₹ 132.00 ₹ 60.00 ₹ 33.00 ₹ 76.00 ₹ 207.00 ₹ 2,031.00 ₹ 74.00
Proceeds from borrowings - - - - - - ₹ 600.00 - ₹ 350.00 -
Interest paid fin ₹ 168.00 (₹ 216.00) (₹ 264.00) (₹ 329.00) (₹ 396.00) - - (₹ 448.00) (₹ 399.00) (₹ 477.00)
Share application money - - ₹ 1.00 - ₹ 5.00 ₹ 2.00 ₹ 3.00 ₹ 3.00 - -
Cash from Financing Activity ₹ 168.00 (₹ 212.00) (₹ 234.00) (₹ 197.00) (₹ 331.00) ₹ 35.00 ₹ 679.00 (₹ 238.00) ₹ 1,982.00 (₹ 403.00)

Net Cash Flow ₹ 1,111.00 ₹ 1,513.00 (₹ 3,218.00) ₹ 2,121.00 (₹ 2,236.00) (₹ 6,676.00) ₹ 7,058.00 ₹ 11,214.00 (₹ 1,205.00) (₹ 3,294.00)