Life Insurance Corporation of India

NSE LICI.NS

Life Insurance Corporation of India Interest Coverage Ratio for the year ending March 31, 2024: 290.22

Life Insurance Corporation of India Interest Coverage Ratio is 290.22 for the year ending March 31, 2024, a -39.89% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Life Insurance Corporation of India Interest Coverage Ratio for the year ending March 31, 2023 was 482.83, a 620.77% change year over year.
  • Life Insurance Corporation of India Interest Coverage Ratio for the year ending March 31, 2022 was 66.99, a 19,330.43% change year over year.
  • Life Insurance Corporation of India Interest Coverage Ratio for the year ending March 31, 2021 was 0.34, a -33.01% change year over year.
  • Life Insurance Corporation of India Interest Coverage Ratio for the year ending March 31, 2020 was 0.51, a -73.55% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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NSE: LICI.NS

Life Insurance Corporation of India

CEO Mr. Siddhartha Mohanty
IPO Date May 17, 2022
Location India
Headquarters Yogakshema Building
Employees 98,661
Sector Finance
Industries
Description

Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It provides individual products, including participating insurance products; and non-participating products comprising savings insurance, term insurance, health insurance, annuity and pension, and unit-linked insurance products; special products for women and children, micro insurance products; and riders, an add-on covers to the base policy to facilitate additional benefits linked to the accident, critical illness, and death and premium waiver benefit. The company also offers group products, such as group term insurance, group savings insurance, group savings pension, and group annuity products. Life Insurance Corporation of India was incorporated in 1956 and is based in Mumbai, India.

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StockViz Staff

January 15, 2025

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