| Margins | VNB margin improved to 21.1% from 19.5% in Q1 FY26. |
|---|---|
| Order book | Individual WPI at ₹4,698 Mn, up 18% YoY. |
| Demand visibility | Strong; Tier 3/4 markets and retirement segments identified as key opportunities. |
Growth
Q1 FY27 VNB grew 29% YoY to ₹1,236 Mn; PAT increased 20% to ₹281 Mn; Gross Premium rose 24% to ₹21,611 Mn.
Outlook
Management targeting sustained growth through Tier 3/4 market expansion, enhanced digital journeys, and GenAI-powered 'UW Copilot' for automated underwriting.
Risks
Expense impact noted as a negative driver (-1.9%) for VNB margins; dependency on bancassurance channels like Canara Bank and HSBC.
Last quarter's promises, checked
Delivered
- Targeting trad mix improvement → delivered 63.8% from 50.8% (= BEAT)
- Focus on protection growth → delivered 3x volume vs previous quarter (= BEAT)
- Improve 13-month persistency → delivered 85.6% vs 82.5% YoY (= BEAT)
Partly delivered
- Targeting double-digit protection share → delivered 7% share (= PARTIAL)
Missed
- GST/Labor code impact guidance ~185 bps → delivered -190 bps impact (= MISS)
Earnings Call filed with NSE, NSE: CANHLIFE. Summary written with AI assistance from the document.
Canara HSBC Life Insurance Company Ltd: key numbers
- Share price
- ₹143.72
- Market cap
- ₹13,653 Cr
- Revenue (annual)
- ₹11,556 Cr
- Net profit (annual)
- ₹126.6 Cr
- P/E (TTM)
- 104.0×Sector 21.9×
- Promoter holding
- 62.00%+0.00% QoQ
- FII holding
- 5.42%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Canara HSBC Life Insurance Company Ltd
All →Canara HSBC Life Insurance Company Annual General Meeting
Canara HSBC Life Insurance is seeking shareholder approval via postal ballot to re-appoint two independent directors. Remote e-voting concludes on 16th October 2026.
Canara HSBC Life Insurance Company Legal & Regulatory
Canara HSBC Life Insurance received a Rs. 1 Crore penalty order from the IRDAI regarding policyholder interest and compliance. The company will implement corrective measures.
- Value
- ₹1.00 Cr
Canara HSBC Life Insurance Company Management Change
Canara HSBC Life Insurance has re-appointed Dr. Kishore Kumar Sansi and Mr. Supratim Bandyopadhyay as Non-Executive Independent Directors for a second three-year term.
Canara HSBC Life Insurance Company Management Change
Mr. Tarun Rustagi has resigned as the Chief Financial Officer of Canara HSBC Life Insurance Company Limited, effective November 24, 2026.
Canara HSBC Life Insurance Company Business Update
Canara HSBC Life Insurance signed a Corporate Agency Agreement with The Hongkong and Shanghai Banking Corporation (HSBC IBU) to distribute insurance products.
Canara HSBC Life Insurance Company Management Change
Mr. Edward Charles Lawrence Moncreiffe has resigned as a Non-Executive Director of Canara HSBC Life Insurance Company Limited, effective August 21, 2026.