Canara HSBC Life Insurance Company share price
NSE: CANHLIFEBSE: 544583InsuranceSmall Cap
Canara HSBC Life Insurance Company Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Oct 2025
Last close ₹124.54up ₹0.88 (0.71%)BSE ₹124.60
Share price at the NSE close on 29 Oct 2026. Previous close ₹123.66.
29 Oct: open ₹122.71, high ₹125.12, low ₹122.06
52-week range of traded prices to 29 Oct 2026
₹114.56Low, 3 Nov 2025₹166.69High, 21 Jul 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹11,831 Cr465th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 88.58
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 7.22
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.32%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 8.4%
- SolvencySolvency ratio. The capital the insurer holds ÷ the capital the regulator requires it to hold, as the insurer states it; insurers write it in different ways, so it is read as the one multiple between 1 and 5 it can be, and not given outside that. At the end of Sep 2026. Solvency ratio in the glossary
- 1.80times the capital required
- Gross premiumGross premium. Premium on the policies sold and renewed in the period, before the part passed on to reinsurers: a general insurer's gross premiums written, a life insurer's gross premium income. For the year to Mar 2026. Gross premium in the glossary
- ₹10,046 Cr
- First-year premiumFirst-year premium. Premium from the first year of new regular-premium policies, for the period. For the year to Mar 2026. First-year premium in the glossary
- ₹2,585 Cr
- Expense ratioExpense ratio. The costs of running the insurance business, commission included, as a percentage of premium, as the insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the filing's own amounts show it written on another scale or rounded to the whole per cent. For the year to Mar 2026. Expense ratio in the glossary
- 18.68%
- Persistency, 13 monthsPersistency, 13 months. The share of what was sold that is still being paid for 13 months after the sale, by premium or by number of policies, which the filing does not say, as the life insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. For the year to Mar 2026. Persistency, 13 months in the glossary
- 86.35%
- ConservationConservation ratio. This year's renewal premium as a percentage of last year's first-year and renewal premium, as the life insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where it is 0, or where it is outside 10% to 150%. For the year to Mar 2026. Conservation ratio in the glossary
- 86.57%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 5,00,94362.3% delivered
About Canara HSBC Life Insurance Company
Canara HSBC Life Insurance Company Limited is a life insurer in India, offering protection, savings, retirement and group insurance plans to individuals and institutions.12 It sells mainly through banks, led by Canara Bank, HSBC and regional rural banks, and also through its own agents, brokers, direct sales and digital platforms.34 Its corporate office is in Gurugram, Haryana, and it serves urban, semi-urban, rural and emerging markets.52
Its products include participating plans (which share in the insurer's profits through bonuses), unit-linked plans (ULIPs, whose value follows market investments), non-participating plans, annuities and health cover.1 Its brands include Young Term Plan, Promise2Protect, Promise4Life, IncomeNow, Alpha Wealth, Promise4Wealth and Pension4Life.6 At the end of March 2026 its range held 9 unit-linked, 2 participating and 13 non-participating products, 8 group products and 3 riders (add-on covers).7 Since 2 Jun 2025 it has also run an office in GIFT City, Gandhinagar, where it sells a dollar-denominated plan with life cover.89
It was incorporated on 25 Sep 2007 as a joint venture of Canara Bank, HSBC Insurance (Asia-Pacific) Holdings Limited and Oriental Bank of Commerce, and began operations on 16 Jun 2008.10 Its shares were listed on the NSE and BSE on 17 Oct 2025 through an offer for sale by existing shareholders, so the company raised no money.11 Canara Bank holds 36.50% and HSBC Insurance (Asia-Pacific) Holdings Limited, part of the HSBC Group, 25.50%; both are its promoters, and Punjab National Bank holds 13%.121310 It has no subsidiaries.12
Canara HSBC Life Insurance Company key points
Results
- In the half year to Sep 2026, gross premium (new and renewal premium) rose 17% to ₹47,423 million and profit after tax rose 11% to ₹712 million.14
- In the half year to Sep 2026, annualised premium equivalent (APE: new regular premium plus a tenth of single premiums) rose 14% to ₹12,497 million. Value of new business (expected profit on policies sold) rose 24% to ₹2,658 million, a 21.3% margin against 19.6%.15
- In the year to Mar 2026, profit after tax was ₹127 crore; total premium crossed ₹10,000 crore and its policies covered 1.2 crore lives.1617
- In the year to Mar 2026, value of new business rose 41% to ₹627 crore, at a 22.4% margin.18
Market position
- By individual weighted premium income (new individual regular premium plus a tenth of single premiums), it ranked 9th among private life insurers in the year to Mar 2026, with 2.0% of the industry market and 2.7% of the private market.1920
- In the year to Mar 2026 its individual weighted premium income grew 19%, against 12% for private insurers and 10% for the industry.21
- In the half year to Sep 2026 its individual weighted premium income rose 15% to ₹11,167 million, against 13% for the industry and 12% for private insurers.2223
Revenue mix
- Share of APE by product24
Item half year to Sep 2026 half year to Sep 2025 Unit-linked plans (ULIPs) 41% 50% Non-participating plans 25% 17% Annuities 14% – Participating plans 10% – Protection 10% 8% - In the half year to Sep 2026, individual protection (term cover for individuals) grew 96%, lifting its share to 4.4% of APE. Its credit life business (group cover that repays a borrower's loan on death) grew 35% year on year.25
- Renewal premium (premium paid in later years of existing policies) rose 18% to ₹27,583 million in the half year to Sep 2026.26
Branches and reach
- Share of business by bank partner27Banks brought nearly 92% of total weighted premium income.
Item year to Mar 2026 Canara Bank about 72% HSBC about 14% Regional rural banks about 6% - HSBC sells its policies from 34 branch locations, up from 26 a year earlier, and regional rural banks from about 8,000 rural branches.28
- Its own agency channel, launched in October 2025, had more than 1,900 sales staff and brought ₹407 million of APE in the half year to Sep 2026.2829
Investments and capital
- Assets under management (the investments it holds for policyholders and shareholders) rose 14% to ₹502 billion at the end of September 2026, split 67:33 between debt and equity, with 99% of debt AAA-rated or sovereign.30
- Embedded value (net worth plus the present value of future profits on policies in force) rose 16% to ₹76,218 million at the end of September 2026.31
- Its solvency ratio (available capital against the capital the regulator requires) was 180% at the end of September 2026, against a regulatory minimum of 150%.3233
- At the end of September 2026, 13th-month persistency (premium still paid on policies in their 13th month) was 85.6% against 84.4% a year earlier. The overall claim settlement ratio (share of claims paid) was 98.1% in the half year, against 98.3%.34
What the company expects
- On its earnings call of 9 Oct 2026, the company said that, if required, it plans to raise subordinated debt (borrowing that ranks behind other creditors) during the quarter then under way to lift solvency, and foresees no need to raise equity.35
- On its earnings call of 9 Oct 2026, the company said it expects its APE growth to stay above the industry's, without giving a figure.36
- On its earnings call of 9 Oct 2026, the company said it is building its agency channel in phases so that its profitability is not hurt.37
Recent events
- On 25 Aug 2026 it signed a corporate agency agreement with HSBC's GIFT City branch in Gujarat to sell its policies there.38
- On 30 Apr 2026 it signed a corporate agency agreement to sell its policies through West Bengal Gramin Bank.39
- On 13 Apr 2026 it signed a corporate agency agreement to sell its policies through Odisha Grameen Bank.40
- On 13 Mar 2026 it allotted ₹250 crore of 10-year subordinated debentures at 8.15% a year, which it may redeem after 5 years; CRISIL and CARE rate them AA+.4142
Litigation and regulatory matters
- On 10 Sep 2026 the insurance regulator, IRDAI, fined it ₹1 crore over aspects of policyholder interest, after a show cause notice (a regulator's request to explain) of 12 Mar 2026 based on a social media post about mis-selling.43
- In its filing of 10 Sep 2026, the company said IRDAI also issued directions and asked for an action taken report; its documents give no deadline or outcome, and it expects no impact on its operations.4344
Last updated
All 44 sources, each with its page
- 1. Annual report, 6 Oct 2026, page 127
- 2. Annual report, 6 Oct 2026, page 35
- 3. Annual report, 6 Oct 2026, page 51
- 4. Annual report, 6 Oct 2026, page 92
- 5. Annual report, 6 Oct 2026, page 90
- 6. Annual report, 6 Oct 2026, page 91
- 7. Annual report, 6 Oct 2026, page 66
- 8. Annual report, 6 Oct 2026, page 127
- 9. Annual report, 6 Oct 2026, page 44
- 10. Annual report, 6 Oct 2026, page 127
- 11. Annual report, 6 Oct 2026, page 91
- 12. Annual report, 6 Oct 2026, page 71
- 13. Annual report, 6 Oct 2026, page 36
- 14. Investor presentation, 9 Oct 2026, page 4
- 15. Investor presentation, 9 Oct 2026, page 4
- 16. Annual report, 6 Oct 2026, page 65
- 17. Annual report, 6 Oct 2026, page 37
- 18. Annual report, 6 Oct 2026, page 65
- 19. Annual report, 6 Oct 2026, page 37
- 20. Annual report, 6 Oct 2026, page 65
- 21. Annual report, 6 Oct 2026, page 64
- 22. Investor presentation, 9 Oct 2026, page 4
- 23. Investor presentation, 9 Oct 2026, page 26
- 24. Earnings call, 9 Oct 2026, page 3
- 25. Earnings call, 9 Oct 2026, page 3
- 26. Investor presentation, 9 Oct 2026, page 4
- 27. Annual report, 6 Oct 2026, page 92
- 28. Investor presentation, 9 Oct 2026, page 7
- 29. Annual report, 6 Oct 2026, page 91
- 30. Investor presentation, 9 Oct 2026, page 12
- 31. Investor presentation, 9 Oct 2026, page 4
- 32. Earnings call, 9 Oct 2026, page 4
- 33. Earnings call, 9 Oct 2026, page 5
- 34. Investor presentation, 9 Oct 2026, page 4
- 35. Earnings call, 9 Oct 2026, page 5
- 36. Earnings call, 9 Oct 2026, page 14
- 37. Earnings call, 9 Oct 2026, page 8
- 38. Exchange filing, 25 Aug 2026, page 1
- 39. Exchange filing, 30 Apr 2026, page 1
- 40. Exchange filing, 13 Apr 2026, page 1
- 41. Annual report, 6 Oct 2026, page 67
- 42. Annual report, 6 Oct 2026, page 142
- 43. Exchange filing, 10 Sep 2026, page 2
- 44. Exchange filing, 10 Sep 2026, page 4
Results
Standalone; ₹ crore. Gross premium is what policyholders paid in the period, before the part passed on to reinsurers.Canara HSBC Life Insurance Company quarterly results
Quarter to Sep 2026, against the quarter before
- Gross premium
- ₹2,581 Cr
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹43 Crup 52.99%
Gross premium by quarter
Peak gross premium ₹3,114 Cr, quarter to Mar 2026; lowest ₹1,747 Cr, quarter to Jun 2025
Net profit by quarter, a loss in red
| ₹ crore | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Gross premium | 1,747 | 2,295 | 2,889 | 3,114 | 2,161 | 2,581 |
| Net profit | 23 | 41 | 28 | 35 | 28 | 43 |
Standalone. The 6 quarters from Jun 2025, the first on record. The latest is shaded.
Year to Mar 2026
- Gross premium
- ₹10,046 Cr
- Net profit
- ₹127 Cr
| ₹ crore | Mar 2026 |
|---|---|
| Gross premium | 10,046 |
| Net profit | 127 |
Standalone. Years to March.
Business segments
Share of net premium, year to Mar 2026, standalone.Segment revenue and profit
- Linked Non Participating - LifeLinked Non Participating - Life, share of net premium. The line's net premium, the premium the insurer keeps after reinsurance, as a percentage of the net premium of all its reported lines together, leaving out the shareholders' account and unallocated items.₹3,863 Cr39.3%
- Non Linked Non Participating - LifeNon Linked Non Participating - Life, share of net premium. The line's net premium, the premium the insurer keeps after reinsurance, as a percentage of the net premium of all its reported lines together, leaving out the shareholders' account and unallocated items.₹3,809 Cr38.7%
- Non Linked Participating - LifeNon Linked Participating - Life, share of net premium. The line's net premium, the premium the insurer keeps after reinsurance, as a percentage of the net premium of all its reported lines together, leaving out the shareholders' account and unallocated items.₹1,218 Cr12.4%
- Non Linked Non Participating - PensionNon Linked Non Participating - Pension, share of net premium. The line's net premium, the premium the insurer keeps after reinsurance, as a percentage of the net premium of all its reported lines together, leaving out the shareholders' account and unallocated items.₹904 Cr9.2%
- Linked Non Participating - PensionLinked Non Participating - Pension, share of net premium. The line's net premium, the premium the insurer keeps after reinsurance, as a percentage of the net premium of all its reported lines together, leaving out the shareholders' account and unallocated items.₹46 Cr0.5%
- Non Linked Non Participating - HealthNon Linked Non Participating - Health, share of net premium. The line's net premium, the premium the insurer keeps after reinsurance, as a percentage of the net premium of all its reported lines together, leaving out the shareholders' account and unallocated items.₹2 Cr0.0%
Valuation
Today, against the company's own history.Canara HSBC Life Insurance Company PE ratio and valuation
Price to book
At or below today's level on 2% of 247 trading days over the last year.
LowestHighest
Its median8.61Industry median4.13
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 99% of 247 trading days over the last year.
LowestHighest
Its median0.00%Industry median0.78%
Mutual fund holdings
84 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 39 of the 52 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 84 funds holding Canara HSBC Life Insurance Company
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 47
- CutCut. Funds that held fewer shares than at the end of the month before.
- 5
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 29
| Fund | |||
|---|---|---|---|
 HDFC Balanced Advantage FundHDFC Mutual Fund | 2,97,77,670 | 0.43% | ₹442.2 Cr |
 Mirae Asset ELSS Tax Saver FundMirae Asset Mutual Fund | 2,20,89,517 | 1.33% | ₹328.1 Cr |
 ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 86,98,049 | 0.18% | ₹129.2 Cr |
| ICICI Prudential Small Cap FundICICI Prudential Mutual Fund | 79,36,526 | 1.20% | ₹117.9 Cr |
| HDFC Multi Cap FundHDFC Mutual Fund | 71,00,000 | 0.54% | ₹105.4 Cr |
| ICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual Fund | 66,03,046 | 0.19% | ₹98.1 Cr |
 DSP Aggressive Hybrid FundDSP Mutual Fund | 64,57,538 | 0.85% | ₹95.9 Cr |
| DSP Small Cap FundDSP Mutual Fund | 64,46,731 | 0.45% | ₹95.7 Cr |
| DSP Banking & Financial Services FundDSP Mutual Fund | 56,51,833 | 4.13% | ₹83.9 Cr |
| DSP India T.I.G.E.R. FundDSP Mutual Fund | 44,40,174 | 1.05% | ₹65.9 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Canara HSBC Life Insurance Company insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 26 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Canara HSBC Life Insurance Company competitors and peers
Insurance, 13 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Canara HSBC Life Insurance Company in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 ICICI Life InsuranceICICILIFE | 59,783 | 33.98 | 4.09 | +15.2% | +34.0% | 12.9% | – | 0.40% |
 General Insurance Corporation of IndiaGICRE | 56,544 | 6.35 | 0.93 | +4.3% | +4.0% | 15.8% | – | 4.11% |
 Max Financial ServicesMFSL | 41,828 | – | 7.31 | +17.6% | – | – | 4.1% | 0.00% |
 Star Health and Allied Insurance CompanySTARHEALTH | 31,338 | 29.73 | 4.13 | – | +97.7% | 14.4% | – | 0.00% |
 The New India Assurance CompanyNIACL | 27,462 | 38.29 | 1.12 | +10.5% | −36.6% | 3.0% | – | 0.90% |
 Go Digit General InsuranceGODIGIT | 24,461 | 49.68 | 5.17 | +8.3% | +6.6% | 11.0% | – | 0.00% |
 Niva Bupa Health Insurance CompanyNIVABUPA | 13,469 | – | – | – | – | – | – | 0.00% |
 Medi Assist Healthcare ServicesMEDIASSIST | 2,225 | 23.87 | 2.65 | +27.4% | −1.3% | 13.5% | 11.2% | 0.67% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.
Dividends
Per share, by the year it was paid for, and the latest payments.Canara HSBC Life Insurance Company dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹0.40 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 14 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹0.40 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Canara HSBC Life Insurance Company announcements
Oct 2026
16 Oct · General Updates
6 Oct · Analysts
Canara HSBC Life Insurance Company annual report, year to Mar 2026
Canara HSBC Life Insurance Company share price by year
Each calendar year to 2025.Canara HSBC Life Insurance Company share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 148.17 | – | 151.64 | 108.62 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 17 Oct 2025.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 122.00 | 124.64 | 120.00 | 123.66 | 122.68 | 2,85,860 | 45.6% |
| 27 Oct 2026 | 122.83 | 125.30 | 121.14 | 121.82 | 123.05 | 5,98,810 | 55.8% |
| 26 Oct 2026 | 123.50 | 125.58 | 121.49 | 121.90 | 122.86 | 3,88,170 | 53.3% |
| 23 Oct 2026 | 124.75 | 126.00 | 120.76 | 124.75 | 123.49 | 4,44,640 | 45.2% |
| 22 Oct 2026 | 127.85 | 127.85 | 124.31 | 125.77 | 125.52 | 3,12,294 | 41.5% |
| 21 Oct 2026 | 128.01 | 128.50 | 125.29 | 127.87 | 126.98 | 6,19,782 | 59.1% |
| 19 Oct 2026 | 129.55 | 131.15 | 125.90 | 128.12 | 127.49 | 16,21,211 | 56.3% |
| 16 Oct 2026 | 134.05 | 134.67 | 128.60 | 130.37 | 130.76 | 32,54,992 | 56.5% |
| 15 Oct 2026 | 135.36 | 136.08 | 133.89 | 134.73 | 134.83 | 4,69,853 | 59.0% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- CANHLIFE
- BSE code
- 544583
- ISIN
- INE01TY01017
- Industry
- Insurance
- Website
- www.canarahsbclife.com
- CIN
- U66010DL2007PLC248825
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2007
- Registered office
- Unit No. 808- 814, Ambadeep Building, 8th Floor, Kasturba Gandhi Marg, Connaught Place, Central Delhi, New Delhi 110001
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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