Are you getting inspired to know regards SBI Life Insurance Company Ltd’s share price target/prediction for the coming years 2022, 2023, 2024, 2025, and 2030? so kindly read this article carefully.
On the basis of prediction we predicted, there are many types of needful points like strengths, weaknesses, quarterly & annual results analysis, and financial stats so that you will learn some extra from this article.
SBI Life Insurance is a life insurance company which have a joint venture with BNP Paribas which is a French multinational bank and financial services company with its headquarters in Paris. SBI Life Insurance has an authorized capital of Rs.20 billion as of now. SBI Life Insurance is headquartered in Mumbai, India. The present MD and CEO of SBI Life Insurance are Mr. Mahesh Kumar.
SBI Life Insurance Company Ltd Quarterly Report Analysis
As the company’s quarterly report is given below the June quarter of the financial year 2021, the company makes a revenue of Rs.8,312.55 Cr. of which they made a profit of about Rs.223.16 Cr. after paying taxes. In the September quarter of the financial year 2021, Company make a revenue of Rs.14,660.64 Cr. by which they made a profit of around Rs.246.62 Cr. after paying all the essential taxes as govt. norms.
In the December quarter of 2021, the company make a revenue of Rs.18,025.34 Cr. by which they made a profit of about Rs.364.06 Cr. after paying all the taxes. In the March quarter of 2022, Company makes a revenue of Rs.17,433.77 Cr. through which they made a profit of about Rs.672.15 Cr. after paying all the taxes. In the June quarter of the financial year 2022, Company make a revenue of Rs.1,136.02 Cr. by which they made a profit of about Rs.262.85 Cr. after paying all the taxes according to the government norms present for that sector.
SBI Life Insurance Company Ltd Annual Report Analysis
The company made a revenue of Rs.654.59 Cr. in 2017 till the month of March by which the company make a profit of about Rs.954.65 Cr. In the following year which is 2018, till the month of march the company makes a revenue of Rs.829.40 Cr. by which the company makes a profit of about Rs.1,150.39 Cr. after paying all the taxes according to govt. norms.
In the year 2019, till the Month of March Company make a revenue of Rs.998.50 Cr. by which the company made a profit of about Rs.1,326.80 Cr. In the following year, 2020 till the month of March Company make a revenue of Rs.1,462.65 Cr. by which the company made a profit of about Rs.1,422.18 Cr. In the year 2021, till the month of March Company make a revenue of Rs.1,678.76 Cr. which makes a profit of around Rs.1,455.85 Cr. in the year 2022, Its revenue from operation was Rs.1,732.43Cr. whether the net profit was Rs.1,506 Cr. after giving all the taxes.
SBI Life Insurance Company Ltd Balance Sheet Analysis
If we talk about the SBILIFE balance sheet report analysis, In the year 2017 Company invested around Rs.5,1257.25 Cr. along with the Current Assets of SBI Life Insurance is about Rs.2,678.29 Cr. also, the total asset of the company available at that time is around Rs.99,225.25 Cr. In the following year, 2018 Company invested around Rs.59,500.02 Cr. also, the Current Assets of SBI Life Insurance are about Rs.2,967.70 Cr. furthermore, the total assets of the company available at that time in 2018 is around Rs.1,18,155.76 Cr. In the year 2019 Company invest around Rs.70,195.63 Cr. And Current Assets of SBI Life Insurance are about Rs.2,905.40 Cr. And total assets of the company available at that time is around Rs.1,42,997.83 Cr.
In 2020 Company invested around Rs.80,247.88 Cr. and the Current Assets of SBILIFE in the year 2020 are about Rs.2,799.01 Cr. and total assets of the company available at that time in 2020 are around Rs.1,62,557.89 Cr. In the financial year, 2021 Company invest around Rs.1,02,541.15 Cr. and the Current Assets of SBI Life Insurance are about Rs.2,912.39 Cr. and the total assets of the company were available at that time is around Rs.2,22,592.07 Cr. in the other year 2022, SBILIFE Invested Rs.1,22,206.48 Cr. and total assets was Rs.2,68,207.20 Cr.
We are trying to predict the possible target for the shares of SBILIFE in future years to come. Our prediction is based on the Fibonacci retracement, support, and resistance. So, here we go with the possible targets for the upcoming years.
| Year | Target Of SBI Life Insurance Company Ltd |
|---|---|
| 2022(Target-1) | Rs.1,606 |
| (Target-2) | Rs.1,720 |
| 2023(Target-1) | Rs.2,007 |
| (Target-2) | Rs.2,197 |
| 2024(Target-1) | Rs.2,453 |
| (Target-2) | Rs.2,740 |
| 2025(Target-1) | Rs.2,944 |
| (Target-2) | Rs.3,195 |
| 2030(Target-1) | Rs.8,283 |
| (Target-2) | Rs.8,826 |
We will predict two possible share price targets which the share of SBILIFE can attain in the year 2022 first is around Rs.1,606 and after attaining these values share price will go down for while and we will predict the second possible target which they can get in the year 2022 is around Rs.1,720 We predict all these target levels on the basis of a Fibonacci retracement, support, and resistance.
We can predict first share price target for the year 2023 is around Rs.2,007 then as every share price after attaining its high will show some downtrend after they again show positive movement in the same year and go uptrend and we can predict the second possible target which they can beat is about Rs.2,197 and it will happen because of their trusted brand name.
We can predict first share price target for the year 2024 is around Rs.2,453 then with every share price the shares of SBI Life Insurance after attaining their high will show some downtrend after they will again show a positive movement in the same year and go uptrend and we can predict second possible target which they can beat is about Rs.2,740 and it will happen because of their increasing number of customers day by day.
For the year 2025, we can predict two possible targets which the shares of SBI Life Insurance will beat easily first is around Rs.2,944 and the second is about Rs.3,195 as I told earlier that SBI Life Insurance share prices will always in a positive move in the future and share prices of this company share are increasing day by day in upcoming years.
Towards the end of this decade, SBI Life Insurance surely will be one of the trusted life insurance Companies in both sectors of insurance is concerned. We can predict the first possible target for the year 2030 which they can cross is around Rs.8,283 and the second possible target which they cross at the end of this decade is around Rs.8,826.
Conclusion
In this post, we have analyzed SBI Life Insurance’s share price prediction, In full detail, that has includes their technical analysis, quarterly reports, annual reports, and target share prices for future Years. If you have any questions regarding this article you can ask me in the comment section and share this article with your friends and family members which help them to invest in the right company.
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