# Life Insurance Corporation of India (NSE: LICI) share analysis

Canonical: https://vestmind.in/stocks/life-insurance-corporation-of-india  
Source: VestCall by Vestmind, price as of 14 October 2026.

> Life Insurance Corporation of India (NSE: LICI) was trading at ₹395.05 on 14 October 2026. VestCall scores its business health 53/100 (adequate). On valuation, the price sits in the “Attractive Valuation” zone (₹391.25 – ₹395.52) — below the modelled fair-value range. This is a reading of the evidence, not a buy or sell recommendation.

## Valuation zones

| Zone | Price band | Meaning |
| --- | --- | --- |
| Deeply Discounted | ₹364.02 – ₹391.25 | Furthest below the modelled fair-value range |
| Attractive Valuation (current) | ₹391.25 – ₹395.52 | Below the modelled fair-value range |
| Fairly Valued | ₹395.52 – ₹409.28 | Inside the modelled fair-value range |
| Valuation Premium | ₹409.28 and above | Above the modelled fair-value range |

## The case for and against

- Supports — Shareholding Quality 67/100
- Supports — Management Stability 67/100
- Needs proof — Business Quality 35/100
- Needs proof — Financial Strength 51/100
- Needs proof — Growth 52/100

## Key ratios

| Ratio | Life Insurance Corporation of India | Sector median |
| --- | --- | --- |
| P/E | 4.86x | — |
| P/S | 0.22x | — |
| Operating margin | 4.9% | — |
| Net margin | 4.9% | — |
| Current ratio | 4.17x | — |

## Bull, base and bear case (model outputs, not forecasts)

| Scenario | Modelled CAGR | Weight | Assumption |
| --- | --- | --- | --- |
| Bear | −0.6% | 22% | Growth decelerates to 3.4% and the multiple de-rates toward the cohort's trough. |
| Base | +9.5% | 54% | Earnings compound near the measured 9.5% and the multiple drifts toward its quality-adjusted warranted level. |
| Bull | +16.9% | 24% | Growth holds at 13.4% and the market pays the full premium the measured quality supports. |

## Questions

### Is Life Insurance Corporation of India overvalued or undervalued?

At ₹395.05, Life Insurance Corporation of India sits in VestCall’s “Attractive Valuation” zone (₹391.25 – ₹395.52): below the modelled fair-value range. Its valuation scores 89/100 (fair) against Unclassified peers. Zones describe where the price sits against modelled value; they are not an instruction to buy or sell.

### Is Life Insurance Corporation of India fundamentally strong?

VestCall scores Life Insurance Corporation of India’s business health 53/100 (adequate). The strongest measured pillars are shareholding quality and management stability. The ones that need proof are business quality and financial strength. Each pillar is computed from reported financials, and a pillar whose inputs were not reported is excluded rather than scored as zero.

### What is Life Insurance Corporation of India’s P/E ratio?

Life Insurance Corporation of India trades at a P/E of 4.86x, on VestCall’s latest read. A multiple only means something against the business it buys: the quality-adjusted fair value on this page weighs it against Life Insurance Corporation of India’s returns and growth.

### What are the risks of investing in Life Insurance Corporation of India?

The review triggers VestCall watches for Life Insurance Corporation of India are: revenue growth falls below the thesis floor (revenue cagr below 8%); promoter holding drops materially (promoter holding below 93.5%, 3 points under the Mar 2026 filing); price runs more than two sigma above its own trend (price vs 200-day average at or above 621.19). On the fundamentals, business quality is the weakest measured pillar at 35/100. A trigger is a named condition that would change the reading, published so the case against the stock is as visible as the case for it.

### Is this a recommendation to buy or sell Life Insurance Corporation of India?

No. VestCall states where Life Insurance Corporation of India’s price sits against modelled value, what supports the case and what would break it, with every figure sourced. It does not issue buy, sell or hold calls or price targets. Vestmind is not a SEBI-registered investment adviser or research analyst, and nothing on this page is personalised investment advice.

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Vestmind is not a SEBI-registered investment adviser or research analyst. This is research for information, not a recommendation or personalised investment advice.