SBI Life Insurance Company Limited (BOM: 540719)

SBI Life Insurance Company Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Investments in Debt Securities	-	20,377	17,387	36,191	32,209	20,616
Investments in Equity & Preferred Securities	-	12,797	11,145	9,033	13,111	10,704
Policy Loans	-	3,377	2,540	1,689	1,136	719.07
Other Investments	147,094	96,062	83,232	55,090	40,159	36,959
Total Investments	147,094	133,741	114,627	102,537	87,230	68,999
Cash & Equivalents	41,737	47,408	41,604	31,996	27,072	14,199
Reinsurance Recoverable	-	589.99	371.98	1,025	1,236	44.8
Other Receivables	4,338	27,754	16,086	12,952	16,422	12,860
Separate Account Assets	4,212,166	3,763,598	2,963,923	2,575,509	2,127,946	1,552,153
Property, Plant & Equipment	5,630	5,471	5,080	5,147	5,453	5,436
Other Intangible Assets	-	99.03	134.72	120.61	201.31	375.75
Restricted Cash	-	51.16	45.66	46.21	33.65	33.6
Other Current Assets	74,010	4,276	4,119	4,037	2,710	1,700
Other Long-Term Assets	-	-	-	-	0	-
Total Assets	4,484,975	3,982,988	3,145,992	2,733,370	2,268,304	1,655,801
Accounts Payable	-	15,362	12,893	10,150	7,872	7,658
Accrued Expenses	-	6,020	6,061	4,758	4,168	3,383
Insurance & Annuity Liabilities	1,728,482	1,607,133	1,324,451	1,133,058	954,725	748,380
Unpaid Claims	-	4,114	4,754	5,602	6,141	2,482
Unearned Premiums	-	4,228	4,531	6,831	3,998	3,499
Reinsurance Payable	-	244.52	219.54	165.88	124.17	195.99
Current Income Taxes Payable	-	1,663	2,171	2,601	752.07	1,193
Separate Account Liability	2,511,559	2,170,705	1,640,265	1,432,691	1,168,225	790,025
Other Current Liabilities	63,431	11,068	9,043	11,353	9,870	4,418
Other Long-Term Liabilities	18,911	13,366	11,427	9,936	8,423	7,137
Total Liabilities	4,322,383	3,833,902	3,015,817	2,617,147	2,164,300	1,568,370
Common Stock	10,019	10,015	10,009	10,004	10,001	10,000
Additional Paid-In Capital	-	1,001	575.26	227.93	40.6	14.53
Retained Earnings	-	134,878	118,644	103,941	90,882	78,823
Comprehensive Income & Other	152,572	3,192	946.26	2,051	3,081	-1,407
Shareholders' Equity	162,591	149,086	130,175	116,223	104,004	87,431
Total Liabilities & Equity	4,484,975	3,982,988	3,145,992	2,733,370	2,268,304	1,655,801
Filing Date Shares Outstanding	1,001	1,001	1,001	1,000	1,000	1,000
Total Common Shares Outstanding	1,001	1,001	1,001	1,000	1,000	1,000
Net Cash (Debt)	41,737	47,408	41,604	31,996	27,072	14,199
Net Cash Growth	19.30%	13.95%	30.03%	18.19%	90.66%	-41.26%
Net Cash Per Share	41.63	47.32	41.54	31.96	27.06	14.19
Book Value Per Share	162.46	148.87	130.06	116.18	104.00	87.43
Tangible Book Value	162,591	148,987	130,040	116,103	103,803	87,055
Tangible Book Value Per Share	162.46	148.77	129.92	116.06	103.80	87.05
Land	-	1,763	1,763	1,763	1,763	1,763
Buildings	-	2,105	2,105	2,105	2,105	2,105
Machinery	-	4,381	4,208	4,026	4,013	3,590
Construction In Progress	-	57.45	10.67	28.09	14.88	131.91
Leasehold Improvements	-	1,730	1,541	1,404	1,366	1,139

Source: S&P Capital IQ. Insurance template. Financial Sources.