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HDFC Life Recommends Final Dividend, Stock Ends Lower
16 Apr
Summary
- HDFC Life recommended a final dividend of ₹2.10 per equity share for FY26.
- The company reported a total annualised premium equivalent of ₹5,254 crore for Q4FY26.
- Retail protection grew 46% in Q4FY26, boosting the retail business segment.
HDFC Life Insurance Company Ltd. has recommended a final dividend of ₹2.10 per equity share for the financial year 2025-26, subject to shareholder approval at the upcoming annual general meeting. The company has fixed June 19, 2026, as the record date for dividend eligibility, with payments scheduled for on or after July 20, 2026.
For the fourth quarter of fiscal year 2025-26, HDFC Life reported a total annualised premium equivalent (APE) of ₹5,254 crore. While this represents a 1.3% year-on-year increase, it fell slightly short of market expectations. The value of new business (VNB) declined 8.4% year-on-year to ₹1,261 crore, with VNB margins at 24%.
Overall, for the full fiscal year 2025-26, profit after tax increased by 6% to ₹1,910 crore. The company saw an 8% year-on-year growth in new business, achieving a market share of 11.0%. Retail protection products demonstrated significant growth, with a 46% increase in Q4FY26 and a 43% rise for the full year.
Assets under management (AUM) reached ₹5,30,000 crore. The company also announced board approval to raise up to ₹1,000 crore through a preferential issue to its parent, HDFC Bank, to strengthen its solvency position. Despite these developments, HDFC Life Insurance Company Ltd. shares closed at ₹631.55 on the BSE, marking a decrease of ₹9 or 1.41%.
