The protection business is the new engine, posting 43% growth that's margin-accretive, but the latest print just cooled, so the stock still waits on the market to price it in.
Overall read
5.6/10
No price read
The three reads · this quarter
The protection business is the new engine, posting 43% growth that's margin-accretive, but the latest print just cooled, so the stock still waits on the market to price it in.
Overall read
5.6/10
No price read
The three reads · this quarter
The standing reads · change less often
Moat
Slim edge
Key variables
5 tracked
lead: VNB MarginMargins peaked at FY22–FY23 levels when non-par savings dominated and have compressed through ULIP mix rise, surrender-value regulation, and GST input tax credit withdrawal — recovery to FY25 levels by end-FY27 is the credibility test that matters most this year.
Walk the talk
Not enough data
as of Q1 FY27Agency channel scaling: 700+ branches, 21% growth in Q1 FY27, with improving product mix (27% protection).
Latest · newest first
No material exchange filings in the last 60 days. Latest scored quarter: Q1FY27.
Open the Exchange Desk1 of 1 guidance items delivered on time