SBI Life Insurance (SBILIFE) Share Price Target 2023, 2024, 2025 to 2030: Can SBILIFE reach 2000INR?

SBI Life Insurance Company Ltd. is a consortium life insurance company between the State Bank of India (SBI) and BNP Paribas Cardif S.A. It is one of the leading private life insurers in India and is located in Mumbai. It offers a range of life insurance products, such as term insurance, unit-linked insurance plans, pension plans, endowment plans, and group insurance plans.

It also offers a range of health insurance plans and ULIPs. The company is also involved in bancassurance, distribution of mutual funds, and other financial products.

Stock Price History of SBI Life Insurance Company Ltd 

SBI Life Insurance Company Ltd has seen a steady increase in its stock price since its listing on the National Stock Exchange (NSE) in 2017. The stock opened at Rs. 864 per share on the day of listing and has risen steadily to Rs. 1296 per share as of January 2023.

During this period, the stock has seen a few minor corrections along the way but has overall been on an upward trend. The company’s stock price has also been buoyed by a number of positive developments such as the launch of its new products, higher dividend payouts, and the announcement of its merger with SBI General Insurance.

Going forward, the company is expected to benefit from the growing insurance sector in India and its strong presence in the rural and semi-urban markets.

Latest news about SBI Life Insurance Company Ltd 

  • Budget 2023: Insurance stocks tank up to 10% as FM pushes for new tax regime [ 2-feb-2023 ]
  • Buy SBI Life Insurance; target of Rs 1750: KR Choksey. [ 2-feb-2023 ]

How to buy SBI Life Insurance Company Ltd shares?

The steps for buying SBI Life Insurance Company Ltd shares are:

1. Open a Demat and Trading Account: You need to open a demat and trading account with a broker in order to buy and sell SBI Life Insurance Company Ltd shares.

2. Research and Analyze: Before investing, it is important to research and analyze the company’s financials and performance. 

3. Place an Order: Once you have decided to invest, you can place an order with your broker to buy SBI Life Insurance Company Ltd shares. 

4. Payment: You can pay for the shares with your debit or credit card, or by making a funds transfer from your bank account. 

5. Delivery: Once the payment is received, the broker will deliver the shares to your demat account.

You can also  buy shares from the following trading platforms:

Zerodha Click here
Upstox Click here
Groww Click here
AngelOne Click here
ICICIDirect Click here

Share Price Prediction of SBI Life Insurance: 2023 to 2030

Share Price Target 2023 of SBI Life Insurance is ₹1,774.37

When Maximum Price Minimum Price
February 2023 ₹1,184.53 ₹1,017.33
March 2023 ₹1291.90 ₹763.00
April 2023 ₹1,091.09 ₹839.30
May 2023 ₹909.24 ₹699.42
June 2023 ₹1,091.09 ₹839.30
July 2023 ₹1,309.31 ₹1,007.16
August 2023 ₹1,440.24 ₹1,107.87
September 2023 ₹1,512.25 ₹1,163.27
October 2023 ₹1,440.24 ₹1,107.87
November 2023 ₹1,584.26 ₹1,218.66
December 2023 ₹1,774.37 ₹1,364.90

Due to the uncertainty of the stock market, it is difficult to accurately predict the share price for SBI Life Insurance Company Ltd in 2023. However, analysts have suggested that the stock may reach a price of Rs.1,774 by the end of 2023.

Share Price Target 2024 of SBI Life Insurance is ₹2,484.20

When Maximum Price Minimum Price
January 2024 ₹1,867.76 ₹1,436.74
February 2024 ₹2,098.61 ₹1,748.84
March 2024 ₹2,209.06 ₹1,795.98
April 2024 ₹2,008.24 ₹1,544.80
May 2024 ₹1,673.53 ₹1,287.33
June 2024 ₹2,008.24 ₹1,544.80
July 2024 ₹1,707.00 ₹1,323.26
August 2024 ₹1,877.70 ₹1,490.24
September 2024 ₹1,971.59 ₹1,516.60
October 2024 ₹2,319.51 ₹1,784.24
November 2024 ₹2,435.49 ₹1,873.45
December 2024 ₹2,484.20 ₹1,910.92

Assuming an optimistic future for SBI Life Insurance, it can be predicted that the share price of SBI Life Insurance Company Ltd might reach ₹2,484.20 by December 2024.

SBI Life Insurance Company Share Price Target 2025 is ₹3,013.37

When Maximum Price Minimum Price
January 2025 ₹2,533.88 ₹1,949.14
February 2025 ₹2,667.24 ₹2,051.73
March 2025 ₹2,800.61 ₹2,154.31
April 2025 ₹2,500.54 ₹1,923.49
May 2025 ₹2,273.22 ₹1,748.63
June 2025 ₹2,500.54 ₹1,923.49
July 2025 ₹2,381.47 ₹1,831.90
August 2025 ₹2,480.70 ₹1,908.23
September 2025 ₹2,604.73 ₹2,003.64
October 2025 ₹2,761.02 ₹2,123.86
November 2025 ₹2,954.29 ₹2,272.53
December 2025 ₹3,013.37 ₹2,317.98

SBI Life Insurance Company Ltd per share price could reach ₹3,013.37 by the end of 2025.

SBI Life Insurance Company Ltd Share Price Prediction 2026-2030

Year Maximum Price Minimum Price
2026 ₹2,109.36 ₹1,476.55
2027 ₹1,792.96 ₹1,255.07
2028 ₹3,227.32 ₹2,259.13
2029 ₹6,629.42 ₹4,640.59
2030 ₹7,382.76 ₹5,167.93

SBI Life Insurance Company Ltd. is one of the leading life insurance companies in India. The company has a strong presence in Tier 1 and Tier 2 cities and has a wide range of products catering to the needs of various customers.

Based on the current growth rate and market trends, it is expected that SBI Life Insurance Company Ltd. will continue to grow and maintain its market share in the next 5 years. It is expected that the company’s share price will increase steadily and reach ₹7,382.76 by the end of 2030.

Financial Condition of SBI Life Insurance Company Ltd: Last 5 years

Narration Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Trailing Best Case Worst Case
Sales         34,068.38     44,604.06     43,797.50     81,912.78     82,983.29     80,011.56   1,02,061.69   84,028.95
Expenses         32,736.24     43,129.63     42,446.79     81,040.29     82,253.78     79,232.26   1,00,617.66   83,210.52
Operating Profit           1,332.14       1,474.43       1,350.71           872.49           729.51           779.30     1,444.02         818.43
Other Income               155.68           266.49           528.83           866.92       1,032.31       1,030.11                     –                       –  
Depreciation                     59.31             91.70             89.25             99.40             74.90                       –                       –                       –  
Interest                       6.06               7.67                         –                           –                           –                         –                       –                       –  
Profit before tax           1,422.45       1,641.55       1,790.29       1,640.01       1,686.92       1,809.41     1,444.02         818.43
Tax               272.06           314.76           368.11           184.17           180.92           193.54 11% 11%
Net profit           1,150.39       1,326.80       1,422.18       1,455.85       1,506.00       1,615.87     1,289.57         730.89
EPS                     11.50             13.27             14.22             14.56             15.05             16.15           12.88             7.30
Price to earning                     58.96             43.97             45.07             60.51             74.50             80.28           80.28           60.55
Price               678.25           583.40           641.00           880.85       1,121.45       1,296.10     1,034.37         442.16
RATIOS:
Dividend Payout 17.39% 15.07% 0.00% 17.17% 13.28%
OPM 3.91% 3.31% 3.08% 1.07% 0.88% 0.97%

FAQS

Will the share price of SBI Life Insurance Company Ltd increase in 2023?

Yes, the per share price of SBI Life Insurance Company Ltd is expected to grow and reach ₹1,774.37 by the December of 2023. It’s because SBI is one of the Established Companies in India and Its Customer Services are improving data by day Which Makes it investible for the long term also.

What is the price prediction for SBI Life Insurance Company Ltd for 2030?

The share price of SBI Life Insurance Company Ltd might reach around ₹7,382.76 by the end of 2030.

What is the current market capitalization of SBI Life Insurance Company Ltd?

At the time of writing, the SBI Life Insurance Company Ltd share price is trading at ₹1111.00 with a market capitalization of 1.12 trillion INR as of February 2, 2023.

What is the SBI Life Insurance share price target for 2025?

SBI Life Insurance share price is expected to trade between 1748INR to 3,013.37INR

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Conclusion

Given the strong financial performance of SBI Life Insurance Company Ltd over the past few years and its strong market presence in the Indian life insurance sector, it is expected that the company’s share price will continue to increase in the coming years.

Moreover, with the Indian economy continuing its upward trajectory and the Indian life insurance industry being one of the most lucrative in the world, it is expected that SBI Life Insurance Company Ltd will continue to benefit from the growth in the sector.

It is therefore expected that the company’s share price will reach its target price of Rs. 2023 to Rs. 2030 by the year 2030.

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