SBI Life stock falls 1.81 percent as Q1 profit grows

SBI Life stock was trading at INR 1,718.30 on the NSE on October 7, 2026 at 2:06 p.m. IST, down 1.81 percent from the previous close of INR 1,750.00. The move came as investors assessed the insurer's latest operating figures, with Q1 FY27 net profit rising 22 percent year over year to INR 7.25 billion, according to Sahi Markets on September 8, 2026.

Q1 profit rises 22 percent

SBI Life's Q1 FY27 profit increased from INR 5.90 billion in the year-earlier quarter, creating the clearest quantified comparison for the stock. The result was reported for the quarter ended June 30, 2026 and followed growth in premium income, according to The Economic Times.

Assets under management reached INR 525.0 billion as of June 30, 2026, up 10 percent from INR 476.0 billion a year earlier. Value of new business rose 29 percent year over year to INR 14.10 billion, while the value of new business margin stood at 26.2 percent, Sahi Markets reported on September 8, 2026.

Target stays above the market price

360 ONE Capital Research selected SBI Life as a Buy in its October 2026 portfolio update and set a target price of INR 2,380 on October 2, 2026, according to The Economic Times. The target price lies 38.5 percent above the INR 1,718.30 market price, making valuation and execution the key counterpoints to the positive earnings trend.

The brokerage cited retail annualized premium equivalent growth, agency expansion, non-SBI bancassurance growth and new products. It also expects margins to normalize as the product mix changes and the impact of goods and services tax input tax credit neutralizes from the third quarter.

Stock remains below yearly high

The October 7 session range was INR 1,701.80 to INR 1,738.00, with volume at 777,404 shares. SBI Life's 52-week range was INR 1,652.90 to INR 2,132.00, placing the latest price 19.4 percent below the yearly high.

Market capitalization stood at INR 1.7 trillion as of October 7, 2026. The company operates in India's life insurance market through individual and group products, pensions, health insurance and bancassurance distribution.

SBI Life stock trades at INR 1,718.30

SBI Life stock was last at INR 1,718.30 on the NSE on October 7, 2026 at 2:06 p.m. IST, down 1.81 percent on the session. The next earnings date is listed as October 23, 2026 by InvestPane.