Loading…
Life insurance joint venture between Canara Bank, HSBC and Punjab National Bank, sold mainly through bank branches.
Life insurance joint venture between Canara Bank, HSBC and Punjab National Bank, sold mainly through bank branches.
Earns by collecting premiums and investing them, with most policies sold to customers of its parent banks' branches, so growth depends on how many branch staff sell its products and on the volume of savings-linked plans. Canara Bank is the majority shareholder, with HSBC and Punjab National Bank as the other main partners.
Moat: narrow (distribution, brand). Bancassurance access through Canara Bank and PNB's large branch networks drives distribution reach.
Headquarters: Gurugram, India · Founded: 2007
Size Canara HSBC Life Insurance (CANHLIFE.NS) is an India Financials company (Life/Health Insurance) with a market value of $1.23B, the 538th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹122.05 on 6 Nov 2026.
Performance Over six months the shares fell 14.4%, against -5.0% for the median peer and 0.0% for the India market (cap-weighted) — 6th lowest of 16 in its peer set.
Growth Revenue grew 17.1% over the last twelve months (peer median +18.0%); the operating margin is 1.5% (peer median 5.9%).
Valuation It trades at 7.08× book value against a peer median of 1.05× (2nd most expensive of 16).
Price implies The share price implies a return on equity of about 48.0%; Canara HSBC Life Insurance delivers 8.2%, so the price asks more than the business earns today.
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹142B | ₹131B | ₹112B | ₹95.7B | ₹90.2B |
| Revenue growth | — | +17% | +17% | +6% | — |
| Net income | ₹1.34B | ₹1.27B | ₹1.17B | ₹1.13B | ₹912M |
| Free cash flow | n/a | ₹35.2B | ₹12.0B | ₹22.8B | ₹38.6B |
| Capital expenditure | n/a | ₹104M | ₹116M | ₹277M | ₹247M |
| Total debt | ₹2.50B | ₹2.50B | ₹0 | ₹0 | ₹0 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Canara HSBC Life Insurance CANHLIFE.NS | $1.23B | -14% | +17% | 8% | 7.08× | 48.0% |
| HDFC Life Insurance HDFCLIFE.NS | $13.0B | -10% | +19% | 11% | 6.31× | 72.0% |
| SBI Life Insurance SBILIFE.NS | $18.9B | -5% | +18% | 14% | 8.72× | 105.4% |
| Niva Bupa Health Insurance NIVABUPA.NS | $1.49B | -5% | +58% | 14% | 3.66× | 33.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CANHLIFE.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.4% | -1.4% | 3rd lowest of 16 |
| 6-month return | -14.4% | -5.0% | 6th lowest of 16 |
| Return on equity | 8.2% | 6.7% | 5th highest of 16 |
| Price / book | 7.08× | 1.05× | 2nd most expensive of 16 |
| Trailing P/E | 36.1× | 15.4× | 3rd most expensive of 15 |
| ROE the price implies | 48.0% | 6.4% | 3rd most demanding of 16 |
| ROE delivered | 8.2% | 6.7% | 5th highest of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Canara HSBC Life Insurance CANHLIFE.NS | India | $1.23B | -14% | +17% | 8% | 7.08× | 48.0% | 8.2% |
| Niva Bupa Health Insurance NIVABUPA.NS | India | $1.49B | -5% | +58% | 14% | 3.66× | 33.1% | 13.9% |
| Yunfeng Financial 0376.HK | Hong Kong | $999M | -30% | +21% | 7% | 0.60× | 7.8% | 6.7% |
| Nuernberger Beteiligungs NBG6.DE | Germany | $1.58B | +1% | -1% | 5% | 1.58× | 6.0% | 5.1% |
| Mirae Asset Life Insurance 085620.KS | South Korea | $1.78B | +17% | +22% | 5% | 1.05× | 5.6% | 5.2% |
| Lifenet Insurance 7157.T | Japan | $710M | -28% | +12% | 8% | 1.18× | 7.0% | 7.9% |
| Hanwha Life 088350.KS | South Korea | $2.16B | -20% | +18% | 8% | 0.22× | 3.8% | 7.7% |
| Farglory Life Insurance 5859.TWO | Taiwan | $625M | -7% | -48% | 7% | 0.23× | 1.7% | 7.1% |
| Brighthouse Financial BHF | United States | $2.45B | -31% | +3% | 14% | 0.37× | 5.2% | 13.6% |
| Clover Health Investments CLOV | United States | $2.56B | +54% | +54% | -5% | 6.32× | 94.7% | -5.1% |
| Mercuries & Associates 2905.TW | Taiwan | $561M | +30% | -6% | 5% | 0.22× | 1.8% | 5.1% |
| Privia Health PRVA | United States | $3.12B | +6% | +24% | 4% | 3.94× | 25.4% | 3.8% |
| COFCO Capital 002423.SZ | China | $3.15B | -11% | -31% | 6% | 0.85× | 6.2% | 5.6% |
| Star Health & Allied Insurance STARHEALTH.NS | India | $3.52B | +9% | +21% | 12% | 3.19× | 47.7% | 11.7% |
| Max Financial Services MFSL.NS | India | $4.68B | -25% | +18% | 3% | 7.71× | 78.7% | 3.3% |
| E-L Financial ELF.TO | Canada | $4.74B | +10% | +32% | 20% | 0.68× | 6.4% | 20.2% |